Capital Blu takes on David SMith’s Olint and MTI Traders in Jamaica
February 19, 2008
First there was David Smith and Olint, then a bunch of others forex trading investment clubs, then the Financial Services Commission stopped the party until they all get regulated and approved. Now on the eve of the forex trading clubs getting a greenlight to offer forex trading services to Jamaica, Capital Blu Management has thrown its hat into the ring.With full page ads in newspapers, announcing a free seminar to explain how forex trading works and offering education materials along with it, Capital blu has also pit itself squarely against MTI Traders, which has been the dominant forex educator here in the last two years. MTI Traders had an easy run to the minds if Jamaicans with a single fact, they were the ones that trained the forex trading poster boy David Smith.So in one fell swoop Capital BLu takes on David Smith’s Olint as it plans on managing members account in addition to training individuals who want to trade forex on their own and of course also providing a trading platform. Ahhh competition!!If you liked this post, why not Subscribe and get Silicon Caribe Today by EmailSee related storiesMillion dollar domain forexjamaica.com up for sale on jamdeal.comDavid Smith’s Olint partners with iTradeFX in a US$100 giveaway to JamaicansThe Forex Fever Growing and Growing in JamaicaCapitalor-Swedish Forex company targeting Jamaica. The CEO Interview.
Minvestment.com gone and Swisscash returns as swisscashinvest.net
February 1, 2008
For all those still waiting,weeping and gnashing thy teeth, the reality is still glaring-minvestment.com is still down,so chances are your money is gone. Then ask yourself this question, if they are to come back online do you expect to get your money back and will you still consider investing? Is there still trust for a company that communicated quickly and clearly when taking your money, but said nothing when supposedly moving servers or doing site maintenance.
As more Jamaicans and other Caribbean people come online, they have to be aware of online investment scams and dangers as they surf and interact. With the generous use of Google search, google maps you can do your own homework, get credible information which will guide you in making the smart decision.
And now this warning, swisschash.com which ran and robbed many Jamaicans of hundreds of thousands of USdollars have resurfaced as swisscashinvest.net with a slicker site and the same scammy sweet talk. There is nothing Swiss about this online site scam, more like Indian or South African surmised by other reputable sites investigating them. Check out this extensive bit of investigation into swisscashinvest.net and let it guide you in what to look for when choosing your online investments.
Top points of interest
1.The address given on the site belongs to a new York Travel agent.
2. The people photos they used are stock photos anyone can buy
3. Why would a supposed 60 year old financial entity have a P.O. Box in Dominica
4. The contact number listed is a Verizon cellphone at times answered by a contracted person to give you the run around for your questions.
Read more here
This is swisscash new site.
This pitch sounds familiar?
Minvestment.com site down, investors money gone too?
January 30, 2008
minvestment.com the much maligned and talked about High Yield Investment Programme is down,we’ve been getting this error all day. This is never a good thing. while the domain name may have been bought for 10 years and servers can crash or be taken down for maintenance, this picture is never a good sign.
Previous Stories
Minvestment.com another hot HYIP people are talking about
e-Bullion asks Minvestment to cease incoming and outgoing transfers
Minvestment.com on shady,shakey ground?
Minvestment.com switches from ebullion to libertyreserve.com
For more Make Money Online stories go to our sister site cashingcoconuts.com
Minvestment.com switches from ebullion to libertyreserve.com
January 29, 2008
This is an official news bulletin from minvestment.com the HYIP, that’s been getting some Jamaicans equally excited and worried. Their investment option offers you the opportunity of investing US$100, lock it in for 150 days and get US$11,605.90 with an average daily interest rate of 1.4% -1.9%.
We carried a couple of days ago that Jamaicans having heard about from as early as mid last year have jumped head first. In doing our research on this online only investment company, we found some disturbing forum posts about the cease and desist order from ebullion.com to minvestment.com
This is minvestment.com’s official response.
Read more
Minvestment.com on shady,shakey ground?
January 26, 2008
by Ingrid Riley
I read everything despite the hype. I waited three years from the first time I heard of Olint before I put money in there and I went to school with David Smith. I didn’t invest until I did my homework and then I ran with my money to put it in.
Fastfoward, Jamaicans especially are hungry for high returns and minvestment.com has been one that has sprung up late last year and already has started a wildfire. As an investor I am both skeptical and interested, but my journalist nose has had me online looking to get to the who, what and how come of this.
My weirdness began when I was helping a friend sign up for this and I got a server error when I typed in minvestment.com. Never a good sign in my mind, even though down servers is a thing that happens for many reasons- scheduled maintenance, unpaid server fees, server overloaded by traffic. But I guess because of the Swisscash.com debacle, I was a little bit skittish. When a website has no phone numbers and other regular contact information I tend to start worrying.
e-Bullion asks Minvestment to cease incoming and outgoing transfers
January 26, 2008
by David Mullings
I read the recent article about Minvestment with interest, especially because I had been asked to do some research on it by a very close friend who heard about it back in November. He called me this morning and forwarded two emails from e-Bullion are very important for those considering investing with this HYIP. My friend ran into a problem recently - e-Bullion was not allowing him to deposit money with Minvestment. He sent an email and got the following response:
Hello,
Minvestment was instructed to leave the system by 1/16/08 and your errors are a result of their new accounts that they’ve been opening (strictly against e-Bullions orders) being blocked. We would highly suggest that you use an alternate payment processor to fund Minvestment if you still feel obligated to send them your funds.
Regards,
Security Operations, e-Bullion
Make money in Forex trading, guaranteed
January 2, 2008
by David MullingsMark Twain famously said that when everyone was digging for gold, you should sell shovels and Levi Strauss is the perfect example of someone who became wealthy from selling to the gold diggers rather than joining them. Forex trading has taken Jamaica by storm in the last 2 years and one company has been taking Twain’s advice to heart.Many people immediately think of Olint but it really is MTI, Market Traders Institute, based on Lake Mary, Florida (near Orlando) that has brought Forex trading to people. I first heard about MTI when a friend of mine, Dominic Azan, told me he was working for the same guy who trained David Smith and they were going to open an office in Jamaica to offer training to people who wanted to learn. He is a Sales Manager for MTI in Jamaica and the Gleaner quoted him earlier this year as saying that over 1500 people have taken courses (up to August). These courses cost US$2,750 so you can do the math.That is the first way to make money for sure - sell training courses.Recent Related StoriesJamaica’s alternative Investment Schemes would be illegal in the USADavid Smith’s Olint partners with iTradeFX in a US$100 giveaway to JamaicansCashing in or Crashing- Cashplusinvestment.com is forex trading n investment club central
The Forex Fever Growing and Growing in Jamaica
October 9, 2007
Jamaica-We’ve written three posts on online forex trading in
What we heard of recently. Investment Clubs. There is f1investments which is a group of Jamaican pilots some based locally and others in
Grace Cheng- Online forex trader and personality
September 28, 2007
Jamaica-In my own quest to know more about online forex trading, living in Jamaica, where the forex trading subject has left the country polarised. I found gracecheng.com a person and site recommended by John Chow, an influential blogger I read regularly.
Grace Cheng is a online forex trader and educator, very successful and has written a book about online forex trading. What I find interesting about her story, her site is that there is no hardsell, typical of American styled educators we’re used to here in Jamaica. When you read her profile, her trading and personal philosophy on forex trading, it’s almost zen like, yet shrewd.
She takes the edge off the aggressive in your face guys some of who try to sell you on a get rich quick scheme. Is she genuine, maybe and hopefully or maybe this is her slick marketing angle, who knows, but at least I don’t feel dirty when I leave her site, like someone’s been breathing all over me with a hard porn like sell. I’ve bookmarked her site for further reading. Check her site and tell me what you think.
Previous Forex stories we’ve written
Is the online forex fever, the 90s day trading disaster in waiting
Capitalor-Swedish forex company targets Jamaica
Selftaught Jamaican forex trader charts his journey to forex riches
