Francswiss.us

[simpatiko]

Okay given, big-time forex guy ito. Actually, the only way you can end up giving that much ROI is if it's using a pooled source of funds for forex trading. But then, sana open na lang siya di ba? This group is misleading the people they recruit into their scheme. They "guarantee" a return on money, with only the initial pasabi na, "Consider your money lost... till you get it back." Why not just say, "Let's put our money together and make money in the forex market?"

 

I'm trying to work out some figures... given may capital siya.... $20K = 2 standard lots...

 

Get 10 people in at $1000, no one in binary, promise $45 a day for 22 days ROI ... He gets another $10K to play with...

 

He has to make $450 profit a day on a trade on average. Divided by 3 lots, that's $150 per trade, or 15 points market movement. 20 points movement on a good day easily. Bantayan mo hourly or 4-hourly in and out on 8 points movement (to cover 3 pip spread), you'll make 15 points. Ok na, covered ROI ng "investor".

 

Then after 22 days, liitan mo na yung interest. Profit na yung recruit eh. O di timba-timba na siya na pera.

 

I'll start monitoring the currency markets again. If the markets make a wild move, I'll post here. Then let's see what these "investors" will say. Either they made a reasonably nice profit for the day, or they got nothing for the day.

 

Sir sunking, kahit di ko masyado maintindihan dahil sa sobrang talino ko sa math eh at least nakita ko yung end result sa computation mo. At least the good thing bout mine is tha i got it already. The thing is the way your computation is going, i hope that it will continue several months for me to earn pa... Thanks

[hitman531ph]

GMA News radio just reported this as a scam. According to GMA News, the Bangko Sentral will soon be issuing an official statement warning everyone not to invest in this scam.

[zoom69]

scam ito. yung mga ibang down line ang mabibiktima kung hindi kayo.

[zeromike22]

from d start we know dat Online/offshore Investments r not regulated by SEC dats y francswiss s classified as illegal in the Phil but not on US and Singapore Companies registering wid sec is never an assurance dat d public is totally protected...look wat happened to the pipol who invested in CAP, PACIFIC PLANS, TPG, PLATINUM PLANS, and many companies shut down. Were they able to protectd public?

many companies affected in this kind of investment so they panicking!!!

 

usually ang nag cocoment is not part of this kind of investment...

may nag reklamo ba na member ng francswiss?

 

pera naman namin ang isinugal namin dito and from the start we all know the risk...

magpapalamig lang ang francswiss and i assure tuloy ang pagyaman natin!!!

HAHAHAHAHAHAHA!!!!!

 

 

exactly!!!!

 

Registering with SEC is never a guarantee that a company will be protected!!!! Ano nagagawa nang SEC nga yung na bankrupt ang CAP....

 

Ano nagagawa nila yung scandal nang BW Holdings during the time of the Estrada Administration??

 

They are just a Rubber Stamp division of the government.....

[CodenameV]

exactly!!!!

 

Registering with SEC is never a guarantee that a company will be protected!!!! Ano nagagawa nang SEC nga yung na bankrupt ang CAP....

 

Ano nagagawa nila yung scandal nang BW Holdings during the time of the Estrada Administration??

 

They are just a Rubber Stamp division of the government.....

 

Registering with SEC is just a formality but cannot guarantee that the public will be protected from fraud. CAP became bankrupt due to the government's decision to lift the cap on tuition fee increases and bad investments made by its management. the scam in BW Holdings was actually perpetuated by a friend of Erap. Dante Tan actually has more to fear from people who lost money in BW rather than being prosecuted by the government. The only way to protect your investment is to do your own homework and see that the company who is managing your investment is capable and credible.

[d_big_bird]

Just saw this Francswiss over at the news at studio 23, illegal ito!!!

[sunking]

Here's what's undeniable:

 

1. This is a Pyramiding scheme (note: avoiding using the word scam for now). Part of the promised profit side comes from getting a commission from getting a downline. No product sold, just the so-called "ROI".

 

2. This is not an investment. This is an unguaranteed play on the currency markets. You can't possibly run this any other way, whether with stocks, bonds, index funds, mutual funds, gold, commodities, or any other investment vehicle. But again, this is not an investment.

 

3. The people running this are marketing it as an investment. Yes, they tell you it's a big gamble on your money, but they still throw around the word INVESTMENT. Thus, they will get warned by the SEC because to market anything as an investment, whether online or not, is illegal.

 

4. The SEC can't shut them down. The only authority that will be able to shut this down is the NBI IF someone files an estafa charge against Francswiss.

 

++++++++

 

Advice ko na lang mga bro:

 

1. Don't go in unless this is your burn money. Don't use money for investment, savings money, pawned item money, emergency funds money, etc. You will never know when this goes belly-up. This might happen from a lot of events, ranging from NBI raids to terrorist attacks that will catch the head player here off guard. Madaming forex trader umiyak nung nag 9-11, caught out of position.

 

2. If you're going to recruit someone, recruit someone with money to burn also. Don't recruit desperate people looking for a way out of their problems. Use your conscience.

 

3. Don't get too greedy. See advice 1.

 

4. PLEASE don't market this as an INVESTMENT. Doing so is an example of CRAB MENTALITY. In a better Philippines, schemes like these would not thrive because people wouldn't be so bad off as to go for the next strike-while-the-iron-is-hot scheme. In a better Philippines, people would be investing 47K pesos in UITFs, mutual funds, stocks, bonds etc. and be able to patiently wait for profit while helping the economy at the same time. I made 10K on top of my 20K invested over a year in a UITF. It's still growing.

 

HOWEVER, we are not in a better Philippines. So good luck na lang mga bro. Ingat, at huwag sana makasakit sa iba.

[biker#3]

mga bossing.ang hirap nman kasi sa mga nag babalita e hindi nila nililinaw ang sinasabi nila. yung downline nmn dto sa francswiss e additional lang, kikita ka pa rin ng 45 per day kahit d ka mag recruit,yung pagkakaroon mo ng downline is additional 100 lang,at epoints lang yung 100,d p sya convertible to cash,pang bukas lng ng another account. yan tuloy,ala na yung website. crab mentality nga nmn o,yung may opportunity na kumita ng malaki e bglang hihilain ng mga naiingit. bwisit na boy abunda kasi yan e,kung lumipat yung mga investors nya sa francswiss e sana d n nya siniraan. bwiset! peace po sa mga posters dto.

[tabouki]

bubble burst, chips are falling....

[blackthunder]

close na ba eto? or switching lang kasi hot na sa media and authority

[boy popoy]

Here's what's undeniable:

 

.......

 

2. ............... This is an unguaranteed play on the currency markets. You can't possibly run this any other way, whether with stocks, bonds, index funds, mutual funds, gold, commodities, or any other investment vehicle. But again, this is not an investment.

 

..........

 

 

i dont even think francswiss plays on currency markets! when i inquired about this, i was told that the company invests in overseas casinos, pawnshops and lending institutions. nung narinig ko palang yun sabi ko sa sarili ko "this is bullshit!". tapos nag name drop pa sila na pati sila richard gomez, first gentleman mike arroyo, and other ex-pba players ay naka invest rin dito... YEAH RIGHT!!! everyone involved with francswiss talks smack about earning big but cant really explain how its done!

 

i completely agree with sunking. this is no investment.

[grovel]

i know people who invested here. now that their website is down they don't know what to do. they're hoping that they'll still get at least the amount they "invested". haaay pinoy talaga.

 

Please remember that there is no such thing as "easy money". Business tycoons have said that over and over again. I think wala na tong francswiss na to. nakuha na nung nag start ang bulk ng money kaya tinigil na nya.

[kLique]

wala na ba tlaga ang website?

tsk tsk! I pity those whom I know that invested here

and to think I was also being recruited

[bog70]

You are right bro. In my own opinion wala kasing makukurakot ang mga gahaman na tao ng gobyerno. :grr:

 

:mtc:

 

yan ang hirap sa ating mga pinoy pag may nakitang umaangat na iba pilit hinahatak pababa!!!

crab mentality nga!!!

AS OF NOW WALA ANG SITE NG FRANCSWISS...

HOPEFULLY MAIBALIK PA RIN...

masyado kasing sumikat kaagad ayan daming bumatikos...

sana mawala na sa ugali natin ang pagiging crab mentality at pakialamero...

[w_monette]

And here is the end of this scam!

 

NBI arrests recruiter in P1-B pyramid scam

 

NBI arrests recruiter in P1-B pyramid scam

 

The National Bureau of Investigation (NBI) recently apprehended the chief financial adviser of an international pyramiding investment syndicate that has allegedly collected close to P1 billion from prospective investors since it began operating in the country three months ago.

 

NBI Director Nestor Mantaring said their National Capital Region (NCR) agents arrested Eleazard Castillo, allegedly the chief financial adviser of FrancSwiss Investment and has helped reel in as much as P300 million in investments since he joined the syndicate last April.

 

Castillo, a native of Pug-os, Cabuyao, Ilocos Sur, was caught in Baguio City. He was charged with syndicated estafa before the Department of Justice Friday afternoon along with Jaime Poliquit, alias Jimpol, of Davao City; Garry Espiritu; Edwin Sendana of Pasig City; Edward Ricalde of Pampanga; Chris Erabon of Baguio City; and a certain Jomarc of Quezon City.

 

NBI-NCR Regional Director Ruel Lasala said they also identified three foreigners who are reportedly part of the scam: American national Roger Smith, who heads the FrancSwiss Investment in the Asia-Pacific Region; and Singaporean nationals Raymond Chua and Bensy Fong, who hold office on Madison Avenue in New York.

 

Castillo told reporters that as far as he knows, “FrancSwiss is a legitimate on-line investment.”

 

NBI Deputy Director for Regional Operations Reynaldo Esmeralda said Federico Olarte, Glen Manuel Sunga, and Philip Fernando were attracted to the investment scheme offered on the syndicate’s website.

 

With a minimum investment of $1,000, they were allegedly promised a daily interest of 4.5 percent, which is equivalent to $45. They were also entitled to a 10 percent commission for every person they recruit to invest in the money scheme.

 

Agent Manny Fayre said the three complainants each gave $1,000 to the suspects, but Sunga and Fernando started to worry when they did not receive any confirmation of their investment.

 

When they tried to refund their money, Castillo allegedly used dilatory tactics, prompting them to seek the NBI’s assistance.

 

The agents immediately set up an entrapment operation in Baguio City by having one of the complainants meet with Castillo to make an additional investment. They arrested Castillo after he received the marked money.

 

The NBI is encouraging other victims of FrancSwiss to come forward and divulge the names of those who duped them. Lasala said while they have already exposed the “Castillo’s line” in the pyramiding scheme, there are other recruiters operating in the country.

 

“The only way to cut the other lines is if there are complainants. Once they give their statements and name the persons who recruited them, that is the only time we would be able to identify them and arrest them,” he said.

 

Fayre said the FrancSwiss Financial Plan is a binary system wherein a person could only sponsor two investors to start their “downline.” Oftentimes, only the investors belonging to the upper portion of the pyramid benefit from the money-making scheme.

 

There had been reports that personalities in the entertainment, politics and business sectors were among those who have been tricked, but Lasala said they have not confirmed the reports.

 

Esmeralda said the syndicate might have floated the names of famous people as a means to woo more prospective investors.

 

He added that people should be wary about similar investment gimmicks.

 

“If local and international banks only offer 3.6 percent annual interest, then how come a investment scheme could offer a bigger percentage of 4.5 percent daily?” Esmeralda said.