Elite Alliance Wealth Club site is down – account suspended since 29 June.
Whether the site will become available again remains to be seen. Now the membership is divided into those who believe Elite Alliance is Elite and will come back and those who started crying SCAM at the very first payment delay.
In the wake of problems mentioned in earlier posts here, this development was, however, foreseeable.
What has become of all the convincing claims made by Elite Alliance Wealth Club?
Regarding communication the following could be read in their FAQ:
From the foundation of Elite Group, we've been following the principles of individual approach to our customers. Our company features a 24/7 customer support, personal consulting service and several contact options, including e-mail, mail, online consulting and phone support for active Members.
No membership site can exist without a working support system. This maybe the biggest reason for the doubts arising amongst members, leading to more and more complaints being raised, thus overloading whatever support system existed. With complaints pouring in on Elite Alliance’s Facebook, the negative publicity encouraged spammers to take over EA’s Facebook to such an extent that is has become useless as a communication system for Elite Alliance members. The result is obvious: all communication between admin and members has come to a complete halt.
About safety of investment their FAQ stated:
We fully formed our own analytical platform over the years of work, and minimized the percentage of inefficient business decisions made due to incorrect analytical information. We have our own software for the technical analysis, as well as contacts with the world's leading analysts to make predictions for the fundamental analysis. The Club's 8-Year history has proven our financial strategies to be extremely effective and risk-free. Moreover, we guarantee every external deposit you make into your account within 5 working days since request.
In the Interview with MNO monitor this was Leon Reiters claim:
I would like to make it clear once and for all that we are not a “HYIP”. We are a serious Business. Let HYIP “players” play HYIP’s (I apologize for the tautology), but business people need to earn money – they have no time for playing “games”. Only time will tell who’s here for the long run.
All of these were convincing statements which attracted new investors.
If all of these where empty lies, then I’d say this may be the biggest HYIP SCAM ever.
They will only prove to be truth, however, if the site opens up again 1 Jul 2011, as promised by the person who claims to be the programmer of Elite Alliance.
So 1 July 2011 is D-day for Elite Alliance Wealth Club.
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