- .. Eventually, these schemes will start to loose members. I dont know what will cause this, or when it will start, but a time is coming when there will be fewer people than needed to pay those being owed. When this happens, these money doublers (Chike and the river, anyone?) will just abandon the website and bro, that's all with your money. If this never happens, then you are safe.
- Your account may be blocked or hacked. You could loose your
password (Ok, I know you are not that jittery and careless).
Also, should hackers strike the servers of the any of the websites running these 'Charity' schemes, it could be very dangerous. You wouldn't know the servers have been hacked, and in just one month, the hackers will take away billions of Naira and close the site. Your own last card may be included. Be wise. - Ordinarily, I expect you know that incase anything happens to the websites
running these schemes, there is no one to hold on to, hence you wont
be able to report to the police. Browsing through Ultimate cycler, I came across their terms and conditions. One of them caught my eyes, and it read:
"10. In the unlikely event that this program should
ever terminate it's operations, it's creator,
operators, employees, assigns and successors shall
not be held liable for any loss
whatsoever to our members or affiliates. The
material contained within our members area,
and made available to all new members
upon joining, shall be deemed full and just
consideration for their payment."
Interesting. If anything happens to your money, it is non of the operator's business. Who is the operator, and where is his/her office anyway?
Away from being negative, life is a risk. If I were you, I wouldn't invest too much in the funds, and I would invest right now, and enjoy it while it's still working fine.
Brothers and Sisters, put your money not just where your mouth is, but also at an arm's length. Happy Christmas in advance, by the way.
Signed: Professorval