capt_nemo

Scam Watcher's
Scam Report: AutoSurf Programs
12 Daily Pro & Auto-Surf Programs Under FBI, SEC Probe

If you're "investing" in auto-surf programs - I hope this isn't the first time you're learning of this. And if you're thinking about "investing" in them, you had better read this report right now.

A lot of people ask me each and every week about Auto Surf programs offering very large returns. I usually just respond with my normal "if it sounds to good to be true" it probably is. I've been keeping my eye out on these auto-surf programs and especially 12 Daily Pro. I even have some friends that have made good money in them ... but my gut instinct told me to stay away. You see - 12 Daily Pro offers a 12% *daily* return on your investment. (This would be 144% in its 12 day cycle -- and all you have to do is put some money in and 'auto-surf' onto 12 websites.)

Is it starting to sound too good to be true yet?

My sources that have invested money into a few of these programs report to me of about $820 return on a $600 investment -- which only comes out to about 44% return -- so, there's some funny math goin' on at the get go. But even 44% return in 12 days is pretty darn good -- yes, even "too good to be true" according to my gut instinct. Although, for weeks and weeks I was getting good positive reports about 12 Daily Pro and other auto-surf programs ...

Every time I would ask someone about it, they would offer it to me like a drug dealer who was hyped up on his own supply. Oh, man, this is so great - I put $200 in back in October and I'm up to $6000 now. Or - I put $3000 in and got $4400 back 12 days later. You've gotta do it ... here's my link ... check it out ... it's great. Here - you can even use my pipe ...er, I mean my "link" ...
But then, just like any bad addiction - it came to a tragic end. In the beginning days of February, the pressure coooker started steamin' up and screws were poppin' everywhere ...

First, I heard from a *very* trusted source that Stormpay made a big change to their "Terms of Service" agreement that directly targeted Auto-Surf programs, Ponzis, and Pyramids. (If you don't know what the difference is - go google it - there's plenty of good explanations online.) Apparently StormPay was cooperating with the Federal government and helping them investigate these online scams.

Then, I heard from another friend - one of the investors -- who said he was having trouble getting his money out of StormPay. Hmmm ...

And finally, a 3rd trusted source told me that there was over $7000 locked up in 12dailypro and $7000 in another auto-surf program and he couldn't get to any of it. StormPay had over $400,000,000 of money on hold now - and this was just for 12 Daily Pro.

I started collecting my thoughts to write a report and broadcast it to you all - and then *boom* the Wall Street Journal scooped me. Yes, that's right, guys -- *the* Wall Street Journal. There’s no question in my mind now that 12 Daily-Pro and the parent company LifeClicks is an illegal Ponzi scheme. Here’s an excerpt from the WSJ article…

Last spring, a Web site called 12daily-Pro.com began offering viewers an amazing financial deal: a 12% daily return on membership fees. All they needed to do was to view a dozen advertisements a day on the Web site, the company said. The site would then pay returns to visitors based on how much they invested in membership "upgrades."

Now federal and state authorities are investigating 12dailyPro and sites making similar offers as possible Internet-era variations on a classic Ponzi scheme. Named for Charles Ponzi, an Italian immigrant to the U.S. who gained notoriety early in the 20th century, a Ponzi scheme is a fraud that promises outsize returns to investors but pays them with money from subsequent investors, rather than revenue generated by business.

The 12dailyPro site is among the largest of the dozens of what are called "autosurf" Web sites that have cropped up on the Internet. With names like Auto.ExchangeTrade.com and vegasurf.com, the sites piggyback on a legitimate trend -- the surge in Internet advertising -- by promising generous returns to members who agree to view their ads.

The 12dailyPro site is under investigation by the FBI, the Securities and Exchange Commission and at least two states, said people familiar with the investigation. In recent days, amid those probes, the main payment processor for 12dailyPro, StormPay Inc., has frozen the funds it was supposed to pay to members.


For the rest of the Wall Street Journal Story, go here: Wall Street Journal


So, if you have money in 12 Daily Pro or any other Auto-Surf program, I'm sorry. You're pretty much screwed right now. Go right this second and try to pull it out. Don't listen to any one that tells you anything else. I'm serious: go get your money out right now.

And if you were thinking about it for even a second - thank your lucky stars that you didn't. Your "this must be too good to be true" instincts served you well this time around. Stick to my 'legit list' or any other program I give my seal of approval to - otherwise you could end up screwed like the 300,000 members of 12 Daily Pro.



All the best,

Christian Roberts
Editor-in-Chief
ScamWatcher.org

P.S. If you found this review helpful, please feel free to refer any of your friends to this page. In the meantime, I'll keep watching out for other scams for you.



Work at Home Business Scam Watcher

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