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FIB - Scams 101 - Ye Olde Archives

Re: Michael Scott responds to DXGold questions!

Posted By: The Roadie <wcarton@flash.net>
Monday, 24 January 2005, at 1:34 p.m.

In Response To: Michael Scott responds to DXGold questions! (Dave Mauder (eDave))

> HOT OFF THE PRESSES!

> I invited Mike Scott (ecurrencyinvestor.com) here over the weekend to see
> all the activity surrounding DXGold. He read everything and has composed a
> NINE PAGE response! Geez Mike!

He's certainly says all the right things about himself and his own motivations.

Not one useful word about GDT, their owners, their investors, their reasons to be paying fees to "merchants" like Mike when there are very few outside merchants involved.

In fact, he tells us it's a simulation (which I call a game) here:

" This current system is what we call the test system and it is meant to pretty much do one thing, train people how to do exchanges so when the new system is released there will be people who can accommodate business clients."

In the child abuse business, the following paragraph describes the process of "grooming":

" We are guinea pigs so to speak and at the same time students learning how to become comfortable doing exchanges."

> Honestly, I still differ with him a bit on a couple points, but for the
> most part, I think he did a great job responding to many of the issues
> that have come up on this board recently. I can't wait to see what others
> think.

Where does the money come from for this investment:

" Just like any other corporation that PAYS to train their staff, GDT is training us to be efficient at helping to operate the business."

This is a bigger red flag than any others I've seen so far:

" While I'm on the subject of identity, to even operate a functional DxGold account requires you upload:

1) Drivers License or passport
2) Two documents with your home address printed on them like utility and credit card bills."

Hmmmmmmmm. What do the identity theft rings (Russian Mafia) pay now for good sets of personal data? $300-500?

> To read his response (you might want to grab a cup of coffee and a brownie
> first) CLICK HERE .

In the anti-spam community, we also have a warning phrase "C&C" before reading essays like this. It stands for "Cats & Coffee" and it means to get any cats out of your lap and put DOWN any coffee you might have in your hand, because you're about to guffaw so hard you'd scare the cats and drop hot coffee in your lap.

> Thanks Mike (if you're reading this) for putting so much time and effort
> into it!

I remain skeptical, and glad that Mike doesn't want me in his program.

" Think about it, you are developing a cutting edge financial internet company that is going to service the entire world for the most part, where is the last place you would want to be located?

That’s right, in America. Can you imagine all of the FED and treasury regulations a business like this would have to comply with before it even opened its doors? "

Those regulations are there for a reason. Not to keep bureaucrats employed, but to ensure TRUST, ACCOUNTABILITY, and STABILITY in the financial markets.

The MMF (Make Money Fast) Hall of Humiliation

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You'll find great information in this "Read Only" Archive, but remember..... things change.
Be sure to visit the Current Message Board when you're finished here.

We're very friendly, so don't be shy... just jump right in and post your question.
Scams outnumber legitimate biz ops about a bzillion to one, so it's well worth your time.



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