Has anyone heard of a company called SMFund?

[exzhoray]

A friend of mine is asking me to invest in a company called SM Fund. I checked them on the internet and there's not much information about them. their website www.smfund.com can only be viewed by members. Members can earn up to 3% daily depending on the amount they invested with a minimum investment of 10$ to a thousand. Any thoughts?

By the way they said that they are a local company somewhere here in asia and have decided to enter the Global market since the feedback and outcome has been profitable, so they decided to find investors around the Globe

please check their site www.smfund.com and enter the id number: 200682662 to enter thier site

[exzhoray]

by the way im asking for your opinion about this.. I'm having doubts regarding these.. thanks

[j_avonni]

This is dubious. 3% x 365 days is 1,095% annual interest.

When it's good to be true, it's not true.

Ingat lang!

[bunge]

Forex Trading

pyramid marketing na meron pang referral fee... hmmmmm

[oliver1013]

Scam po to, yung friend ko niyayaya rin ako dito pero aminado siya na scam to ala Baladjay. Kumbaga ipasok mo lang pera mo na willing ka i risk yung tipong pag nawala di masakit. Pero totoong nagbabayad sila ng malaking interes kaso anytime pwede magfold..

[argee]

Yup. It's a HYIP(high yield investment program) .Ive been in hyip arena for a very long time since 1997 pa and I've seen this come and go. For one hyip do exist but its more on private and don't give that much interest malaki na ang 25% or less per month depende sa trading nila. Sa forex swerte na 4% per month .This one is pure ponzi ,real investment sa hyip don't give that much reff in fact majority wala nga kasi they don't rely on new members investment at private sila with max no of members lang.Dito makikita mo na pinu push nila ang pag reffer ,kasi the more you reffer malaki makukuha mo sa wbp nila. Recently katatapos lang imbestigahan ng US Sec ang swisscash kasi parang ganito rin yun medyo malaki nga lang ilalabas mo.If you look at the contact page , no physical address,toll free no. e-mail lang.About us naman ,who is the program admin ,experience in trading,board of directors etc. walang nakalagay dun. If you want to invest in this kind of business you should know how to conduct a "due diligence" w/c is a must kung ayaw mo masunog . Scammers are evolving din ,they create a professionaly designed website to entice investor, recently maraming pinoy ang nasunog sa fical.net wc are offering a return of 2% per day ngayon heto naman .HYIP do exist but its completely private,by invitation only and based mostly in tax haven country like st kitss, isle of man etc.

[angel247]

I have and I have also joined, okay naman siya kasi I already got $690. Invested $1000 so I am earning $30 a day. Ang pinaka risk talaga nito is the first 34 days kasi within 34 days makukuha mo na puhunan mo and the rest of what's left of the 100 days profit mo na siya.

Ayoko din sumali dati pero inisip ko bago pa lang to and the normal life span of sabihin na natin pyramid, HYIP's or kahit ano is about 1-3 years so I said to myself why not coconut hehehe!

Kahit ano man itawag natin dito, kumikita siya right now. You guys are right, mawawala din to, pero after 1 year or so may pera na ko, in just a few days actually bawi na ko so wala na akong iniisip.

Diko nilagay to para sumali kayo pero gusto ko lang din i share ung thoughts ko. Friends ko nga nag iisip pa kayo pa kaya na hindi niyo ko kakilala.

If you check, I bought mags and tires recently, ginamit ko yung nakuha kong pera dito

Thanks
Aenj

[kihtmaine]

Another francswiss ba ito?

[mazdamazda]

Another francswiss ba ito?

Yup... same scheme...

[kimpOy]

there's no such thing as easy money...

[wildthing]

I have and I have also joined, okay naman siya kasi I already got $690. Invested $1000 so I am earning $30 a day. Ang pinaka risk talaga nito is the first 34 days kasi within 34 days makukuha mo na puhunan mo and the rest of what's left of the 100 days profit mo na siya.
....

Patanong po... did they returned your invested $1000 na when you got your $690?

If not, then I think they still owe you $310 to break even?

[Chip]

If you look at the contact page , no physical address,toll free no. e-mail lang.About us naman ,who is the program admin ,experience in trading,board of directors etc. walang nakalagay dun. If you want to invest in this kind of business you should know how to conduct a "due diligence" w/c is a must kung ayaw mo masunog . Scammers are evolving din ,they create a professionaly designed website to entice investor, recently maraming pinoy ang nasunog sa fical.net wc are offering a return of 2% per day ngayon heto naman .

good post. dapat basahin muna to ng mga would-be 'investors'