Friday, July 14, 2006

Fantastic Pay - Money down the drain?

Fantastic Pay popped up at the end of March, the idea of a Canadian entrepreneur called Brian Lindback.

The scheme promises that, once you join up and invest, you will be paid a set amount per month indefinitely.

Join-up fees are $18 and investment amounts start from just $10.

It works like this:

You invest between $10 and $10,000 for between 1 and 6 months. At the end of the term, your monthly payments begin.

Invest for 1 month, you get 10% monthly.
2 months, 25% monthly.
3 months, 50% monthly.
4 months, 75% monthly.
5 months, 125% monthly.
6 months, 200% monthly.

Now, this is a lot of money to pay out indefinitely but the owners are confident that it can be acheived. The money invested is used to finance property deals and, according to the site, is "never at risk".

To test this out, I have invested $25 for 6 months. If it works, I get $50 a month once my 6 months is up - around December time.

I've put more on the site, be sure to understand the warnings and don't risk money that you can't afford to lose!

http://www.BizOppsUK.com/fantastic_pay.php

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