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FIB - Scams 101 - Ye Olde Archives
Posted By: renee In Response To: A comical "exchange" for anyone who was thinking of ordering mazu's e-currency course.... (Dave)
Wednesday, 11 January 2006, at 3:48 p.m.
In Response To: A comical "exchange" for anyone who was thinking of ordering mazu's e-currency course.... (Dave)
that is pretty amusing. thanks for sharing.
some time ago during an even earlier phase of my protracted IM research period, i ran across one of his sites. i soon realized that he (mazu) and another marketer (i forget the name) were expending a great deal of energy and bandwidth trying to discredit one another. they both even had dedicated sites for this purpose!
this made me disregard both of them.
i know i may overdo the similarities between trading and internet marketing, but that's because i have learned some hard lessons about trading getting my you-know-what kicked yet made it to profitability. and any trader that has made it to profitability will tell you that it's one of the most humiliating processes that exist. and the process typically takes years, not weeks.
anyway, it's pretty easy to spot those who have not truly undergone the process of learning the ropes of trading but aspire instead to guru-dom and system selling to newbies for income. typically, they will tout their system and put other traders and other methods down. again, anyone who has come through the other end with their psyche and some of his/her trading account intact could never do that. unlike internet marketing, trading is more dependent upon one's psychology than anything else. so i automatically disregard comments by anyone who spends energy putting down other traders or marketers.
all that said, since there is sooo much slimey serpent juice in both industries, the scammers and dream sellers are fair game for the put downs:)
i sure hope some of that made sense.
> OK, so I've been reading tons of info about e-currency exchanging and how
> great it is....I finally decide today, what the heck, let me give this
> thing a shot, as long as I can have one basic question answered: How does
> the system allow me to generate such large returns in such a short period
> of time? In other words, where are the positive returns actually coming
> One would think that someone who is selling a course on the subject
> matter, for a price that is large enough to choke a horse, could answer
> this one simple question, so that I could understand the basic premise
> before giving them my money. Here's the back and forth emails that were
> incredibly aggravating but are now hysterical after I review how poor
> mazu's customer service is:
> My 1st email:
> The e-currency exchanging opportunity sounds incredible. Before purchasing
> your course though I just had one question: Where does the system get the
> profits that allow me to get back 1%-10% in 48 hours? It sounds great, but
> I'm just trying to understand how it's possible, since the returns have to
> come from somewhere. Can't wait to get started with your training course!
> Mazu's first response:
> The system doesn't work that fast without taking a lot of your principle
> out at the same time. I exchanged for six months before I began to remove
> interest profits, and I feel that is the best way to maximize your
> Let me know if you'd like to order, call me at the number below or send me
> your number and I'll call you and take the credit card order over the
> phone and give you a $16 price break ($299) if you do so.
> I'm a little slow on the uptake, so at this point I'm thinking,
> "Maybe I didn't ask my question clearly or maybe "Michael didn't
> understand what I was asking him. Let me try again..)
> My 2nd email to Mazu:
> Hi Michael,
> I was just wondering where the returns actually come from so that I can
> understand the basic premise before ordering.
> that was straight forward, right? well, here's mazu's response:
> The returns come from your portfolio, which is like the goose that lays
> golden eggs. You can keep some of those golden eggs for yourself but you
> want to also keep the goose fed and warm, so you'll be using some of those
> golden eggs for feed and straw.
> Hope that analogy helps.
> (503) 614-8221 Ext 202
> I swear, the above email was not doctored in any way. This was exactly
> what they wrote to me. At this point, I decide that I'm not going to write
> these people off ass totally imcompetent, so I try one more time.
> My 3rd email to Mazu
> I'm sorry if I'm not asking my question clearly. Let me try again: Where
> does the system generate the positive returns that allows them to give me
> back more money than I put in? Where does the extra money (my profit) come
> from? With a bank, I earn interest because the bank is investing my money
> and earning a higher percentage than they're paying me. What is the
> e-currency exchange doing with the money that I put into the system that
> allows them to give me back such a far greater return than a bank?
> That should do it, right. Here's Mazu's third response to my ONE question:
> Send me your phone number and the best time(s) to call or call me at the
> number below and I'll try to explain the process better.
> (503) 614-8221 Ext 202
> In my final email I just told them nevermind, since they were unable to
> answer my one simple question. For all of you even thinking about ordering
> their course, I strongly encourage you to do your own due diligence first
> to find out if these guys know what they're talking about. From my
> personal experience, it seems they cannot even explain the basic premise
> of how the system allows such huge returns in such a short period of time.
> To your success,
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