Showing posts with label Elite Alliance Wealth Club. Show all posts
Showing posts with label Elite Alliance Wealth Club. Show all posts

Friday, July 22, 2011

Elite Alliance.net paying selectively on a weekly basis.

Elite Alliance Wealth Club is not yet dead.

From payment proofs posted on the net the following becomes clear:
1. Payments are now processed on a weekly basis, usually on a Monday.
2. Payments are still processed selectively using Alert Pay.
3. The waiting time for requests to be processed has increased to a month.

Even though there is no guarantee that this will go on, let alone improve, it does prove that Elite Alliance is not dead yet.It also lets peoples hopes live on.

Of course it is possible that Elite Alliance.net is going through a rough time, having to recover from losses incurred from double payments that were processed accidentally, as mentioned in Leon Reiters last update from 13 June 2011. Diehards have swallowed this statement as an explanation for the current problems. It could, however, also just have been an excuse from the side of EA admin. Only time will reveal the true facts here.

The situation being as it is at this moment, members now re-invest rather than withdraw. In view of the current waiting time, this seems to be the best strategy at this stage. Instead of having a withdrawal request hanging pending for weeks, that money can just as well earn interest for that time.

As to the admin of Elite Alliance Club having abandoned communication with members nothing has changed yet. This fact should serve as warning that all is not rosy yet and the final collapse can still come at any time. http://www.blogger.com/img/blank.gif

Thus I still advise all would-be investors to exercise extreme caution here. Signing up without investing right now just for being a member if Elite Alliance goes private again, cannot be of great value either, since admin already stated they would only go on with trusted and active members. Those who advise people to just sign up for this, only have their own agenda in mind.

If you have money to play with and are looking for a proven HYIP, then check out this system. It is paying me daily within seconds, its customer service is of the highest quality and its plans cater for a variety of investors.

Monday, July 4, 2011

A Gloomy Picture for Elite Alliance Club Investors

Today 4 July 2011 – Elite Alliance Wealth Club Investors only have hope left?

This becomes obvious from the recently created Facebook page for EA Loyal Members, which was created to escape from the spamming on the official Elite Alliance Club Facebook. As such, it is a relief for all who tried to find a relevant EA post on the latter.

It seems as if some people received payments from EA on Saturday into their LR accounts, which was announced by the guy who claims to be Gurnam, the programmer of Elite Alliance.net. Now if one can believe those is another matter.
There are many people, however, who are waiting for their payment requests to be met.

So once again, in view of these facts, I cannot in good conscience advertise or promote this to any one right now. Will keep you updated should there be any change.

UPDATE 4 JULY: More payment proofs coming in. You can check them from HERE.

As to doing Due Diligence:
I think it’s important that one knows about the tricks of the ponzi trade.

Ponzi schemes use certain tricks to encourage more confidence and new investments such as: issuing debit cards, new higher paying plans, bonuses, referral contests, Alert Pay account being blocked, closing door to new members or additional deposits, having some problem with their “real business”, which they have to deal with first as well as coming up with elaborate UPDATES about the future of their business.

Knowing about these tricks can make you aware of the true nature of a system when you see them appear in the member area. This awareness can make all the difference between losing much or just a little, because you can get out quickly once you see them.

Friday, July 1, 2011

Elite HYIP or Biggest SCAM ever?

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.

Monday, June 27, 2011

Latest News about Elite Alliance

Hi everybody,
This post is just an update for my readers on developments at Elite Alliance Wealth Club.
Seems some more payments have been made today. For more details about these you can check EA Facebook

There still is no update in the back office,though, but when people get paid, they don't worry about updates. Payments keep a HYIP running. Furthermore the back office of Elite Alliance.net is offline at this stage because it’s exceeded the bandwidth limit. No wonder, since everybody went looking for an official update.

I'm busy with my tax return today, so will follow up on Due Diligence when that's done. Hate doing that at the last minute, but with Namibian Banking Institutions not supplying necessary documents earlier, my hands were tied till now.

Thanks for understanding and thanks for visiting.

Wednesday, June 22, 2011

All is well with Elite Alliance Wealth Club

After a lot of guessing,bad-mouthing and Scam-crying things suddenly have taken a drastic positive turn on Elite Alliance Wealth Club.
Today, 22 June 2011, EA has made payments via AlertPay.
Check out EA Facebook page and click on "more" at the bottom to see all the payment proof you need to see to boost your faith in EA.

If MNO monitor still shows "Not Paying", that may refer to Liberty Reserve payments, which still seem to be outstanding.

As for my part,I wasn't waiting for a payment, but for an answer to my support request.
Let's hope Leon Reiter will also find the time to reply to those tickets soon, so as to let those of us jump for joy who are in the same boat as myself.

Thumbs up for Elite Alliance Wealth Club!
I will keep you updated with the latest news.

Tuesday, June 21, 2011

Chicken Counting with Elite Alliance Wealth Club

HYIP is about making lots of money online fast. And when you go through blogs and forums about Elite Alliance Wealth Club, you can read about how to double your money in two months or how to earn 40K every two months and many more of such statements and strategies.

Sure, the investment packages are very attractive, as you can see in my Review. And yes, with your principal returned each time an investment matures, it seems that you can’t really lose here, since you can pull out your initial investment and just go on investing the profits. So it’s normal for people to start doing some math, start planning for the future, start dreaming of becoming financially independent, calculating when they would be able to drop their normal job.

There also are some marketers who can paint such glowing pictures about the Pot of Gold available at the click of their invitation link, that it’s almost impossible to wait and do some due diligence before joining Elite Alliance Wealth Club.
However, counting ones chickens before they are hatched has yet to be proven profitable. More often than not there is some snake hiding around the nest, just waiting to gobble up those eggs before they can hatch. When that happens, those that paint with the gold color cannot and will not acknowledge their error, because they would lose face and followers if they did. So they will immediately present you with another opportunity to earn money online to quickly make you forget about a bad experience

That is my reason for the rather dark colors used on this blog. The better informed you are, the less disappointed you’ll be when some snake does come along to swallow your eggs. And the less likely you’ll invest more than you can afford to lose on any online program, particularly a HYIP like Elite Alliance Wealth Club.

My Report:
Yes, I have invested in Elite Alliance. Yes, my first packages did mature and with what’s showing in my back office I can pull out my initial investment after just two months – that is IF and WHEN I get an answer to my support request , which is now outstanding for 33 days. As I said earlier – there always are snakes lurking around a nest of eggs.

Other Elite Alliance Payment Reports:
Member Csaba reports his payment dated 13 June.
More Payment reports can be found Here

Keep following – another interesting Alert is coming up.

Monday, June 20, 2011

Something Fishy – Problem Status on Monitors

Although PROBLEM status on monitors is not yet SCAM status, it is an indication for would-be investors not to take a chance investing at that stage and should be taken seriously. For invested members it means a waiting game has started.

On 14th June, just after the last Update of 13th June, regularly updated monitors started sounding the ALERT, Elite Alliance Wealth Club was put on PROBLEM status and investors advised against re-investing.

According to the Payment history on Money News Online the last payment was received 9 June 2011. Now this does not correspond with Leon Reiter’s statement in the last
Update of 13 June:
And the very last thing for the non-believers... Yesterday we processed $260,000 in Payouts, today we have almost the same amount and we will get it done soon.

The “yesterday” in the update would have been June 12.

Question now is: who is right and who is wrong?
Whom can one believe?
Does the payment history on the monitor maybe pertain to something else than payments on matured investments? Are payments done selectively?
Or is this just a hidden agenda from the side of monitors against Elite Alliance Wealth Club?

With once again no comment on this highly disturbing development from the side of Leon Reiter in the back office, especially new members, who are already upset about the previously mentioned problems, will tend to lose the rest of confidence they may have had in this system.

Is it unreasonable to expect this very busy managing director of Elite Alliance Wealth Club to just post a short notice in the back office regarding this development?

If a real business has to close doors for a while due to unforeseen circumstances, a Notice gets stuck on the entrance, informing customers about the reason for the closed door.

Online the entrance to a business normally is the members back office, so that’s where customers/members would see such a notice. Another way of immediately informing members is via email. And yet another place where members would go to look for more news is the official blog of an online business. In the case of Elite Alliance Wealth Club there only is their Facebook page, no blog.

Yet nowhere a comment is to be seen. Also, some people claim they were paid after 13 June, which is a positive indication.

Ok, so a clean hand needs no washing and the waiting game for members to get their problems solved just goes on and on. Patience – I pray for that.

Sunday, June 19, 2011

Delays can be detrimental for a HYIP system

Associating a time table with plans to be implemented can be very dangerous if the time table cannot be adhered to. Delays are the surest way to fan the SCAM flames, especially concerning a HYIP. Immediate updates in case of unforeseeable delays can, however, appease most customers.

Now if we look at the Updates in the back office of Elite Alliance Wealth Club, we are given specific dates for the implementation of, for example, the Help-desk and the promised update on how to use it. We were also given a specific time frame for the reissuing of secondary passwords:

Update 3 June 2011
Updates are almost installed and we will have our new Password Recovery Tools set up and available next week. At the same time we will update some parts of our Security Module to meet the new criteria.


In each case, however, nothing has happened up till mid June 2011.
As a still trusting member of Elite Alliance Wealth Club, just waiting to be able to reinvest, I can only say that the complete silence regarding certain delayed issues slowly builds up more and more questions about the long-term health of this system. Any normal person can understand and accept the fact that certain circumstances can delay ones plans, if those circumstances are properly explained or at least a plausible excuse is offered. But nothing like that is forthcoming.

Can one blame ones employer for getting mad if one stays away from work without a plausible excuse? Or can a husband blame his wife for mistrusting him if he regularly comes home late without a believable explanation?

Equally so, can the admin of a HYIP blame its investors for starting to mistrust its system, if no plausible explanations for implementation delays are given?

Posted Jun 13th, 2011

Hello Everyone,

It's Leon here. This is an urgent & important Update. I apologize for being a bit late with this one, but still it is topical and very important.

First of all, I would like to pay attention to what has been going on lately. Just returned from a Business trip and was unpleasantly surprised by all the negative feedback and responses received from some Members.
People scream "scam" here and there - now I can see the real scale of the shady so-called "HYIP-industry". There must be so many people who fell victims to the GREEDY HYIP ADMINS that every time we have a LITTLE delay in Payouts, people are losing their TRUST... A SHOCKING fact that makes me sad..


I am NOT crying SCAM here, since I can’t make any withdrawal request without the secondary password in any case and am thus not waiting for a payment. Fact is, however, that all the delays mentioned on my blog cause members to start losing their trust. Once that process has started, it’s difficult to reverse it and can be detrimental for the long-term plans of Elite Alliance Wealth Club, which is, after all, generally classified as a HYIP.

Saturday, June 18, 2011

Insufficient Support – the collaps of a system?

Insufficient support for members of any system can easily lead to its downfall, especially so for a HYIP. Thus a working support system should be a matter of priority if the system is intended for long term use.

The overall starting trend of News and Updates in the back office of Elite Alliance Wealth Club is an extremely busy General Manager, graciously condescending to keep his investors informed about possible new developments before attending to pending payouts. In between, the second in charge, Alex, also highlights the very busy schedule of the General Manager and recommends that members don’t bother him with unimportant stuff.
Here is an excerpt from News and Updates:
Posted Feb 26th, 2011

I personally have been extremely busy this week due to numerous offline meetings and phone conferences. So, my apologies to all those of you who have tried to contact me unsuccessfully for the last few days.

Firstly, the most important thing... We aim to respond to all enquiries as soon as we can, but we receive a huge number of Support Requests every day. Seems like a lot of EA Members open "High Priority" Support Tickets just to ask questions that have either been answered in the FAQs, or have zero discussion value and are just SPAM. Remember, other Members suffer from this! HIGH PRIORITY Support is the "911 Service" just for emergency issues, so please open your Support Tickets with appropriate Priority Levels.

Starting Monday, I will not be answering low-priority emails and handling Support Requests, as every second spent on these activities takes me away from doing something IMPORTANT that is required for us to continue to offer you a safe and risk free passive income opportunity. These activities will be assigned to our new Support Team member – Katrin


My Questions on this: What does admin regard as “High Priority”?
Since that isn’t explained anywhere, every person must decide for himself what is an emergency and what not. Opinions on this will of course vary from person to person. I would reckon password issues to be an emergency.

As to delegating the handling of support requests: that should have priority right from the start. When opening a system like this to the general public, it’s obvious that a lot of support requests are to be expected.

Posted March 25th, 2011
4. Support Requests
We are planning on installing a HelpDesk software to better handle Support Requests. That is why the Support Tickets within your Members Area will not be accessible for several days starting tomorrow. Current situation shows that Members tend to open several Support Tickets on the same matter. We always ask not to do so as this will push your ticket further down our queue and may result in a delayed response from us. As soon as our new help desk software is installed, we will update you immediately. Also, all currently open Support Tickets will be replied to via e-mail as soon as possible.
Posted April 15th, 2011
2. Our helpdesk software will be completely setup in about 3 to 5 days. A special update will be published on how to use it for both signed in, and non-signed in users.
7. Finally, we do understand that currently our support is not the best around, but we are working on it and will do our best to have our new multilanguage Support Team formed by the end of next week.


Well, to date June 2011, no special update on the use of the help-desk has been published. The Help-desk has been installed, but with all the ranting about support tickets and no proper replies to outstanding ones, members may now have given up on this.

In the case of a HYIP that can easily lead to its classification as a SCAM, especially by members who haven’t yet received any payment.

Friday, June 17, 2011

Sign-up Tips for a Successful Membership

When signing up with a new system, there are certain points one has to keep in mind for a successful membership entry.

One of those is to have a gmail address in order to receive the welcome email from admin, which may contain important info like an allocated password. Some systems don’t let you put in a password at sign-up. Normally you also have to verify your details by clicking on a link in the first email you receive.

Over the years I have learned to follow a certain system: I first open my notepad where keep all my details for reference purposes. It is a hard copy, so I won’t lose it in case of a PC crash. And as I enter the required details on the sign-up page, I also immediately enter them into my notepad. This way I cannot forget my user name, password/s, referral URL and other important details.

With Elite Alliance Wealth Club the secondary password is all-important. This is necessary to make any changes in your account as well as to withdraw any earnings. You have to put it in at sign-up and remember it, since it doesn’t get sent to you in the welcome email for security purposes.

So armed with my notepad I confidently started signing up. But ALAS, something was wrong with the site. It did not want to accept my primary password. Only after various trials the system accepted it and then I was immediately transferred to the back office. There was NO place to enter a secondary password. So there I was – in the back office, without a secondary password. I still had the hope it would be allocated automatically and get sent to me, but that hope got dashed when I received the welcome email.

I wasn’t overly concerned about it at that stage, however, and proceeded to buy my first investment package. All went well and I received the emails concerning my investment immediately. When I later talked with my sponsor about the issue with the password, he reckoned I signed up at a stage when Elite Alliance’s server had problems and I should send them a support ticket about it. This I did. I also received an automated reply that the issue would be attended to by the appropriate department.

I am now waiting for more than 4 weeks to receive a proper reply to my support ticket. That is absolutely unacceptable from any system. This then brings me to the admin updates in the back office concerning support tickets. Admin updates are also published here for anyone to read and follow.
My next posts will discuss those updates, so keep following.

Wednesday, June 15, 2011

Is a Passive Income possible with Elite Alliance Wealth Club?

What can would-be investors expect from Elite Alliance Wealth Club, a HYIP which claims to be an honest and long lasting opportunity to build up a passive income? Is EA a normal HYIP or truly Elite? Inform yourself properly before you jump in.

My involvement in Elite Alliance Wealth Club
After receiving a glowing recommendation from a member, I did my due diligence as I knew how. I mostly found positive comment in my searches, with just two that were not all positive. One of those two appeared to be totally biased against all HYIP systems, so I discarded that one, signed up and made my first investment. Since my searches didn’t completely satisfy me, however, I will try my best here to stay unprejudiced while, for starters, concentrating on the con’s from a member’s viewpoint.
Having had my fair share of HYIP losses over the years does not deter me from starting again. I firmly believe that bad experiences are necessary to eventually have good experiences. If you fall of a horse once and never get up another, you’ll never experience the joys of horse riding. If you fall of a few times, you will have learned to avoid a fall or fall safely next time around.

I do not promote that you try to make a living from HYIP. But,played correctly, it can help to increase your cash flow without having to work your bottom off, so you can pay for other online adventures which take more work and more time to generate an income.

General advice regarding risks with HYIP
HYIP players have various strategies to “play the game” as safe as possible. I would advise anyone who intends entering this field to bring himself/herself up to date with those strategies, preferably those used by “old hands” in this field, who have some years of experience behind their backs.
High Yield includes High Risk, but as the saying goes: No risk – No gain. Any business is risky, whether off line or online. There are no guaranties for success. Every entrepreneur will, however, take calculated risks. If you’re afraid of taking a risk, lock yourself up in a room and stay there. Life in itself is a risk.
If you still think you’re safe in your daily job, just read the newspapers and listen to the news. Times have changed and we have to adapt in order to keep our normal life style or stay and scale down constantly.