How could we avoid the bet-funds.com scam?

One thing which I learned in my one year activity in HYIP is, that it is crucial to get the feeling, when certain program will go down. There has been numerous signals we can learn - from some suspicion very attractive new offers to selective payments (no, I can't forget Privatefin SCAM). Let me show you, what I've learned from Bet-funds.com scam.



First signal, that something is going wrong was, when they announced, that Moneybookers is no longer a way of payment - what is very strange, since they suppose to operate with bets, and many bookies uses MB.

Second signal is something completely new to me. If one would check the date, until when domain name bet-funds.com was registered, a very exact date of when site will go down could be announced. So when you invest, check also this rather small but seems important detail.

Today I did domain check again, similar as I did over a month ago in September, when bet-funds was down. What I found is, that domain name has been paid a week ago. What that means? Was original administrators so lame, that they forgot to pay for domain? Maybe this is not a scam after all, but rather unprofessional team with insufficient Internet knowledge?

Those questions will be clear soon. All records show, that today some guys from Italy are behind this. This is what I found on www.checkdomain.com:

Registrant:
Andrea ralli
via damiano chiesa, 5
roma, rm 00136
Italy

Registered through: GoDaddy.com, Inc. (http://www.godaddy.com)
Domain Name: BET-FUNDS.COM
Created on: 11-Sep-06
Expires on: 11-Sep-08
Last Updated on: 25-Oct-07

Administrative Contact:
ralli, Andrea  revenuedriver@gmail.com
via damiano chiesa, 5
roma, rm 00136
Italy
0635404810

Technical Contact:
ralli, Andrea  revenuedriver@gmail.com
via damiano chiesa, 5
roma, rm 00136
Italy
0635404810

Domain servers in listed order:
NS1.FASTPARK.NET
NS2.FASTPARK.NET

So if you lost some money on bet-funds as I did, maybe it is time to stop losing your assets on scam HYIP. I closed all my HYIP activity or better, their admins scamed away. Therefore I suggest you my dearest reader, invest into proven programs. At this moment I can suggest you only one, RTA online investment, which will soon be online for a year, with honest and cooperative admin Max Willis behind. I remember how he was fighting when he came online with his Invest pool, that his program is not HYIP. Maybe I didn't understand him completely, but now I do. RTA may not have the highest profit, far from that, but it has stable daily profit, which will survive for a long time (while all those HYIP scams will die).

Keep your money safe and stay away from HYIP.

Alert: What is wrong with Bet-funds?

A rather solid program, which was looking promising, has severe problems. After some days of unavailability of their website, they were back on Friday, with explanation of being bombed by ddos attacks. Everything fair and cool, but from yesterday site is down again. All signs shows that their domain name has expired a week ago.

To be honest, if this site goes down, I really have NO trust in either HYIP. Sooner or later they all die or better, escape with our money. In a way it sounds very pessimistic and also against HYIP of any kind, but yes, it looks that there is scam everywhere. And those, who try to be honest, are disqualified (case of RTA, where e-Gold deliberately tried to destroy reputation of honest admin) or they are too small to be seen in a huge box of scam junk.

I will continue to monitor the HYIP playground, where I've been over a year now. But my opinion on HYIP and other Internet money making has been very crystal by now:
It is better to lose your money yourself, then to leave some unknown scammers to take it away from you - just because their site looks nice!

Alert: Bet-funds website is not available

We can only hope that Bet Funds - Arb bets mutual fund website is down from some technical reason, ddos attack or something else. Such down times are never good signs, especially when not explained to users why it happened. Sooner it come up better, if there will be honest explanation, than BF is solid service. After all, I haven't made a preview of this investment opportunity.