Autosurf Recap
Well, 12DailyPro is officially in the hands of the authorities. A receiver has been court appointed to sort out the mess, a mess which may also have been exacerbated by Stormpay's activities. 12Dailypro.com is currently unavailable, no surprise there.
ABC4 reports claim that at least $50 million USD is tied up in Stormpay accounts. The general opinion of the accountants and 'experts' involved, is that many will only receive a small fraction of what they had put into 12DailyPro. I wonder, who's got their hands in the cookie jar? Even with the claim that almost 2 million was siphoned off by Charis, that's still 50 million in Stormpay accounts (minus Stormpay's cut of approx 5%, that's still 47.5 mil). Does the government get a % of the money? How about the receiver?
The authorities have issued a warning to all autosurfs. If fraud is detected, they WILL prosecute. Well, that sounds all fine and dandy, except many of these autosurfs are smart enough to register their business abroad. There are many safe havens for companies trying to avoid the tentacles of the US Government.
For those autosurfs still operating, the general direction has been to redefine their core business activity, and make it clear to the general public. Advertising. Not membership fees. Advertising. That's what autosurfs sell. Alientrust is one of the forerunners in this endeavour. There have been a few changes in their earning plans. Whether or not this will be enough to evade the ponzi radar, is anyone's guess. A few autosurfs have gotten rid of the paid-to-surf feature, and are now plain old traffic exchanges.
We can be certain of two things:
One: People will be more cautious before investing in autosurfs.
Two: People will avoid Stormpay and other US based payment processors, if they intend to invest in autosurfs and HYIPs.
Related links and sources:
http://www.drunkonlife.com/Daily-Blog.html
http://www.abc4.com/news/
ABC4 reports claim that at least $50 million USD is tied up in Stormpay accounts. The general opinion of the accountants and 'experts' involved, is that many will only receive a small fraction of what they had put into 12DailyPro. I wonder, who's got their hands in the cookie jar? Even with the claim that almost 2 million was siphoned off by Charis, that's still 50 million in Stormpay accounts (minus Stormpay's cut of approx 5%, that's still 47.5 mil). Does the government get a % of the money? How about the receiver?
The authorities have issued a warning to all autosurfs. If fraud is detected, they WILL prosecute. Well, that sounds all fine and dandy, except many of these autosurfs are smart enough to register their business abroad. There are many safe havens for companies trying to avoid the tentacles of the US Government.
For those autosurfs still operating, the general direction has been to redefine their core business activity, and make it clear to the general public. Advertising. Not membership fees. Advertising. That's what autosurfs sell. Alientrust is one of the forerunners in this endeavour. There have been a few changes in their earning plans. Whether or not this will be enough to evade the ponzi radar, is anyone's guess. A few autosurfs have gotten rid of the paid-to-surf feature, and are now plain old traffic exchanges.
We can be certain of two things:
One: People will be more cautious before investing in autosurfs.
Two: People will avoid Stormpay and other US based payment processors, if they intend to invest in autosurfs and HYIPs.
Related links and sources:
http://www.drunkonlife.com/Daily-Blog.html
http://www.abc4.com/news/
posted by manic_depressive_1 at 3/04/2006 03:23:00 AM
0 comments, 
![[Most Recent Quotes from www.kitco.com]](http://kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)