2007-10-06 21:47:01 · 4 answers · asked by evertonwright1 1 in Business & Finance ➔ Investing
My impression is that they were a scam. They were not registered in Switzerland. The Swiss embassy says it was obvious that this company used the term "Swiss" in an illegal and fraudulent way to attract customers. The Securities Commission of Malaysia says they were operating illegally in Malaysia. No one can honestly offer rates that high. Use your common sense. They were a scam.
Like most High Yield Investment Programs (HYIP), they have disappeared after taking in a lot of people's money. Of course you can find a lot of websites with names like Swisscash24.com claiming to be the original. If you want to lose more money, invest with them.
See the links below:
Sources:
http://www.eda.admin.ch/eda/en/home/reps/asia/vsgp/ref_bufor/bussgp/sinpub.html
http://www.bnm.gov.my/index.php?ch=8&pg=14&ac=1299
http://www.worldlawdirect.com/article/1934/Swiss_Cash___Swiss_Mutual_Fund_1948_scam.html
2007-10-07 06:20:41 · answer #1 · answered by Anonymous · 0⤊ 0⤋
No.
You need to understand why you went with them in the first place. They were an obvious scam (to most of us). Learning what you did wrong will prevent this from happening again to you.
Hint: This falls under the "...if it's to good to be true... than it's not (true)". Don't let greed take over common sense.
2007-10-07 02:38:32 · answer #2 · answered by Common Sense 7 · 0⤊ 0⤋
Just prey my dear friend it may come back by your praying
2007-10-07 06:09:56 · answer #3 · answered by money 2 · 0⤊ 0⤋
NO!!!!!!! THIS IS A SCAM COMPANY! STAY AWAY FROM THEM PERIOD!!!!!!!
2007-10-07 02:01:38 · answer #4 · answered by Anonymous · 0⤊ 0⤋