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LKS50500A
Newbie
Joined: 27 Sep 2006
Posts: 16
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Posted:
Mon Dec 11, 2006 9:11 am |
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austriainvestment.com has changed the rate of interest, i am getting my return on investment 3 times a week, did anyone invested here? |
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levaz
Site Admin
Joined: 07 Sep 2006
Posts: 2422
Location: Canada
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Posted:
Mon Dec 11, 2006 5:21 pm |
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LKS50500A wrote: |
austriainvestment.com has changed the rate of interest, i am getting my return on investment 3 times a week, did anyone invested here? |
I have not had a chance to check this program, but when the interest rates start climbing, it is generally a sign that they are trying to attract more investors. Consider this a yellow flag of a ponzi gasping for breath!!.
Be very careful, and withdraw your capital ASAP.
Levaz |
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salterus
Apprentice
Joined: 24 Nov 2006
Posts: 98
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Posted:
Tue Dec 12, 2006 8:33 am |
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I have started investigating austria investment because is highly rated in at least one monitor. The peculiarity is that they offer Loans to clients, and investments. As the interest rate of the loans CAN'T be as high as the invesment (or nobody will ask for one), I am trying to obtain a loan and then invest it in their programs They didn't answer me yet... |
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d1ck0
Moderator
Joined: 19 Sep 2006
Posts: 226
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Posted:
Tue Dec 12, 2006 9:32 pm |
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Lol, probably never will either but good luck anyway. |
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gpmkc
Apprentice
Joined: 16 Oct 2006
Posts: 128
Location: NEVADA
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Posted:
Thu Jan 04, 2007 6:58 pm |
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I made a small investment early in December. They do not have automatic payouts, so after a few days I requested a withdrawl of less than $10. That was paid in 4 working days. Then, about 10 days later, I requested a withdrawl of $12. After at least 8 working days that amount has still not been paid. |
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levaz
Site Admin
Joined: 07 Sep 2006
Posts: 2422
Location: Canada
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Posted:
Thu Jan 04, 2007 9:38 pm |
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It does not look good, but I do hope they will pay you soon!
Levaz |
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gpmkc
Apprentice
Joined: 16 Oct 2006
Posts: 128
Location: NEVADA
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Posted:
Wed Jan 10, 2007 7:24 pm |
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Admin responded to my query regarding pending withdrawl saying mid-December they had program errors that caused some double payments and missed others. Meanwhile, my most recent withdrawl request was paid promptly while my $12 remains pending. I am semi-satisfied that will eventually pay out. Investment period is 150 days, paying every day 1.4% for small investments. My main question regarding returns is always: Is it truly sutainable? Variable rates seem to make more sense than fixed rates since we know that real investments in Forex, stocks, etc. return widely varying profits and some losses. I will update my experience with AI as it unfolds. |
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levaz
Site Admin
Joined: 07 Sep 2006
Posts: 2422
Location: Canada
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Posted:
Wed Jan 10, 2007 7:36 pm |
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Gpmkc,
Bottom line, once you have recouped your seed money, you are no longer exposed. If then, you make a profit, great, if not, at least it is not a LOSS!
Levaz |
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gpmkc
Apprentice
Joined: 16 Oct 2006
Posts: 128
Location: NEVADA
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Posted:
Sat Mar 10, 2007 4:49 am |
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My withdrawls continue to be put on pending. All responses from admin have been same wording, probably totally automated. Since my exposure is less than $50, it is easy lesson. I certainly would steer anyone away from Austria Investment. |
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gpmkc
Apprentice
Joined: 16 Oct 2006
Posts: 128
Location: NEVADA
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Posted:
Sat Mar 24, 2007 7:50 pm |
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The site remains operational. But, money is going one way. In, not out. I have several pending withdrawls now. Only response from admin is an automated e-mail that assures me (yeah, right!) that all will be paid out at end of investment cycle. Don't believe it! |
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gpmkc
Apprentice
Joined: 16 Oct 2006
Posts: 128
Location: NEVADA
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Posted:
Fri Apr 06, 2007 4:45 am |
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It is now about 10 days since my test deposit matured and some pending payments have been processed, but not all. To this point I am ever so slightly into profit and have no intention of re-investing! Just a waste of time. |
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levaz
Site Admin
Joined: 07 Sep 2006
Posts: 2422
Location: Canada
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Posted:
Fri Apr 06, 2007 3:01 pm |
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We will move it to the appropriate folder if things do not change soon!!
Levaz |
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