Complaint Review: Money-page - Nationwide

Go to http://www.money-page.com. That's where you will find this e-gold investment program.

They promise and guarantees you that when you send them(the web site owner) your e-gold, whatever the amount, you will receive 1.5 times of the amount within 30 minutes into your paypal account.

The rule is that you send them funds in e-gold into their e-gold account, and you will receive the money into your paypal account.

They even promise you that if you can't trust them, they will even pay you up front, the %150 of your intended amount of investment into your paypal account. And you are to pay them your portion to them within 30 minutes.

So, I thought I'd give it a try to see if they will bring what they promise us in the website. Initially, I sent them $10.00. Within 30 minutes like they promised, they sent me $15.00 into my papay account. I sent $15.00 the second time. They sent me $22.50 within 1/2 hour like they promised. So on. I sent them $20.00, $30.00, then $20 on that day(2/10/04). They sent me what they promised every time.

I should mention this to you at this point that everytime the money was sent to me into my paypal, it came from different person from all over. I thought it was strange because I thought the money was going to come from the company(they don't really have a company name).

The first day day past. The first thing in the morning, I checked my paypal, all the money they sent to me was still there. So, I got very excited and I decided to invest more. I went to ATM and withdrew $100 from my paypal debit card and sent it to my e-gold. And began my investment again. I was more confident on the second day, so I sent them $20,$30, and $50. They sent me the 1.5 times of my investment into my paypal.

Again, the money was coming from all over.

It was when I checked my paypal account towards the end of the second day, I noticed that there was one of the people who who sent me the money reversed his payment from my paypal.

I got panicted. Immediately I emailed the company.(e-mailing to them was the only option they provided us to contact them). They replied to me shortly after that and said "reversal happens when the paypal suspects some fradulant activities". They even said they are not scamming, nor all the people who are sending me the money.

I need to mention this to you here that the money this person sent me was reversed, but I did not get my e-gold back into my e-gold account. And, e-gold transactions are instantaneous.

I was still worried but I wished and hoped that it was some kind of mistake. And as long as this was the only time, I'd let it go.

So, I went to the ATM and withdrew $150 this time, and sent it to them. I got $225.00 into my paypal like other time. And I withdrew $200 from my account and sent it to them again.

However, I saw another person was reversing his payment from my account. I emailed to the company, also, I emailed to paypal what is going. My emails to the web wite owner was ignored.

In the mean time, I did not receive the 1.5 times of the $200 into my paypal even after hours of sending the money to them.

I truelly got panic. All my emails were ignored. I emailed to paypal, and e-gold. I even called and talked to the paypal staff. They said they will investigate this.

On the 3rd day. E-gold sent me an e-mail saying that they suspended the company's e-gold account so no body can send anymore money to them. I felt a little bet better.

At this point, just to make sure, I tried to send a few cents to the company. Yes, their account was suspended.

Hoever, strange thing happened. The company(money-page) sent me an email said that since their computer was overloaded that they could not send our returns. they said they will be sending our returns plus some bonuses. After a few hours, I received $500 into my paypal account. Remember, I only sent them $200(minus some fee). They sent me $500(minus paypal fee). At that moment, my account was overdrawn about $45, so the $500 covered the negative and went up to positive $455(roughly).

You know at this point I did not feel like sending them any more money, because any moment, any one of the member could reverse their buy.

I should mention this to you that I was already receivig emails from paypal that I was a potential fraudulent fund receiver. I emailed them and explained to them the situation. I contacted those people who sent me the funds by emails. One of the sender emailed me saying that her account info was stolen and her money was taken out of her account. I guess that money was put into my account making it look like I'm the one who stole it.

I contacted and talked with 2 people from paypal. The senior account manger at paypal said. No matter what the situation I was put in, I was receiving illegal money, so I'm not a victim of a scam. Rather I am "the source of the problem". He even said I owe money to them. And I will not be allowed to use the paypal again.

By this time, the person who sent me $500 reversed his money, and so did 2 others. And my paypal account was negative $500.

And more and more. I received all the reversal notices in my email account from paypal. I wanted to check my paypal to see what the total amount of money was in negative. However, I could not access to my account anymore.

I don't know if all the people who sent me the money were part of the scam or they are victims like me.

I need to mention this to you that the money-page company is still operating. I know this because I went to their website. They keep changing their e-gold account number. Even if some one complains and one of their account number gets shut off, they have tuns of other account numbers set up so there will be more people who are new could send them more money.

I'm really not sure if paypal might be part of this or not. When I calculated, the total loss of my part came to above $1100.

I want to warn people they might change their web site name. Just don't get involve. It's very scary.

Satomi

aloha, Oregon
U.S.A.