Jude

That percentage reminds me of KAOnline.

Actually someone did mentioned the real scammer and his identity on my Yahoo IM on KA, but he didn't go on further to elaborate. Someone from Mexico by the name of Kelvin Alexander, which makes sense. KA Online.

We'll touch on that and start a thread if I can contact him again.

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gaby

Not until the end of next week.. fingers crossed
The truth is i have not been following the golden rules with this one ... and i have reinvested parts of profits, before withdrawing the capital..

lets see how they fare in the next months (i hope) ..

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allinvain

Lol..hmm..guess I picked a bad time to join! I'm not sure where this program is heading but it was recommended by someone who supposedly has a lot of private programs in his portfolio (had to sign a NDA agreement with him..yadda yadda). Anyways, I made a $100 investment in the Real Estate program (which btw, will NOT accept any new deposits AFTER APRIL 15) via AlertPay and we'll have to see how this "investment" fares.

keep your fingers crossed fellow members...and for those of you who are not members but are curious to have access to their website, you can join and if you dont invest your account will be removed after 72 hours or something like that, so you can at least see what programs they have...

umm..another interesting thing is that this program is behind a up-and-coming payment processor Security Authorization

k, I think I've said enough...

bye bye now

sharonsopinion

I did some reading about GHPi. They are a private program, run out of Hong Kong, who is open to new members until they reach 20,000. The minimum investment is $100, but that plan is closing on April 15th. I think that the next minimum is $250. From what I could find, it looks like they invest in multiple stock markets and their own payment processor, but that's not verified. They say they opened in 2004 and two forum posts support this, but their first website dates from June 2006. According to their FAQ, they use e-gold, bank wires, Moneypay-Europe, Be-Cash, IOP, GHPcash, NetPay, e-bullion, and Alertpay. They have a sister site called Blue People.

That being said, there are more open questions than there are answers. It's strange that as I read through forum posts there were no real discussions about GHPi. There were those posting copies of information from the website and some simple "I got paid" or "I'm in/out." Lack of discussion, even for a private program, isn't good.

Here's the history as far as I've read (I'm not in it and none of the following is verified.)

• Began in 2004 with an email system. (Really?)
• June 2006 opened the website GHPi.org with 710 members and ~$5K in deposits and no withdraws. New members given 16 hours to deposit.
• December 2006 went private and proceeded to make multiple TOS/plan changes.
• March 21, 2007 reopened for new members by invitation and new members given 72 hours to deposit. Also announced that the lowest minimum deposit plan is closing on April 1st, then changed it to April 15th.

From their history, I speculate that they really opened in June 2006. There is no real proof of their outside income stream. Their TOS is a copy of many other sites, including the paragraph abount being US SEC exempt, which is weird for a Hong Kong company. Then there is the open/close/open of membership, forced rush to deposit, and plan changes. To top it off is their refusal to answer questions, other than those already answered on their site. These signal red flags. My speculation is that it is too late to make a new deposit.

Does anyone trust them? If yes, why?

Thanks,
Sharon

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24oz

If this worldpay is their, this is a cheap payment processor script which is sold for less than $50 and has security flaws and also I have never like programs opening their own processor, iy is just an strategy to have more control over the funds, because any money there is just monopoly money.

whizzer

I'm in GHPi and BP. GHPi have been working like a charm since I joined in December. However, BP is an entirely different story...

I joined on day 1, February 11th and made a one time reinvestment one week later of the minimum (with 2 withdrawals). On March 6th I could no longer log in so I opened a support ticket (which is shared with GHPi). After 2 weeks they "find out" that the account has been deleted (can only be done by them) and a promise that it will be fixed.
1 week later I start to get annoyed by the time it has taken them to fix it and I see that other people have similar problems in both GHPi and BP including the long waiting times, so I start discussing it on the internal forum and up until this time I only get excuses like they work 18 hours a day.

Another week goes by and I get an update that the problem is fixed. Great I think... only took them 30 days to fix it!
I log in into my account and find that the earnings of around $61 is missing so I give them a heads up. Now, the reply I get is that I will not get my earnings back as the software can't handle it and that "I will get the earnings but with a delay" (so its basically a new plan). On top of this, the deposit is now worldpay instead of the initial egold due to some other obscure excuse (although it will be paid out to my egold account if I understand them correctly).

Now, the whole story and the fact that others have similar problems only strengthen my belief that both GHPi/BP/GHPcash and whatever other sites they currently running is a big scam and just a big circulation of new deposit and plans.

So in short, I wouldn't recommend anyone to join any of their creations at this point.

I will post if I get any updates but honestly I doubt it... in fact it shouldn't surprise me if I encounter more problems (if you catch my drift).

whizzer

As a side note, GHPi was never completely private and closed to new members. It was general invite only and then changed to family/close friends (after this they opened up again).

mxc8035

Hi Whizzer,

That is a good piece of info from you. Where can we find other members posting the problems with their accounts?

grateful

Not from me. I am in profit with both GHPi and BP. Only one issue was with BP when I was paid for a referral in ebulllion, but they don't have an exchange to egold, explaining they 'were only 2 people' running the program and haven't had the chance to set up and exchange service.
There is a good reason to not see any posts about GHPi in open forums, this has been strictly advised against at the risk of losing one's account. I don't have a problem with this, and imo it is for the good of the program.


grateful

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sharonsopinion

Just google "GHPi.Org" there are literally pages of links to forums. TalkGold had the longest thread that I found, with 139 pages. There are lots of posts, but I couldn't find any discussion in them.

JMO,
Sharon

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