News
UPDATE!
We are changing Cashium status from Legit to the Watch List. Site owner's Paypal account is now frozen.
"We have a bigger problem, PayPal has frozen whole balance of Cashium and after a phone call I was told they would not give it back before 90 days. Yes, that's not fair but I could not persuade them. When I told the agent 'this means the end of our business' all she told me is 'sorry'. We have never had any suspicious activity and we have made all refunds and we have always kept enough balance for possible refunds. I can hear 'scam' exclamations, trust me I have worked for Cashium round the clock and always regarded members benefecations, at this point everything has turned into a nightmare that I can not handle. Even though I'll be called a scammer, I'm set at ease since I have strained every nerve. I'm asking members who deposited so far to open disputes. Honestly my biggest mistake was using PayPal service. What a shame, I have always been told they would be happy to use their service.
What is next?
In my opinion a new management would be beneficial for both members and me. I'll make my best to protect the investor rights. "
So we are leaving them on the Watch List till either the site refunds investors or it is under new ownership. If investments are not returned and the site does not fall under new ownership the site will be moved to the scam list
In Our Opinion (take it or leave it) ....
Such a shame...This is almost exactly what happened to UpBux. These owners open these big sites and rely these payment processors...then when their account is limited they have nothing to fall back on.
Everyone needs to understand it takes a lot of money to run these sites. If you plan on relying on your alertpay/paypal account to run your site then you will eventually face the same problem as these past sites did. If you have problems with your host or DDoS attacks it will cost you to run these big sites.
People get impatient and complain to paypal or alertpay and now you are dealing with your funds being frozen. Not paypal's fault, after all lets be honest here...this industry is full of scams and paypal must do what they feel is in their best interest. They have to refund people when sites go scam. It is like if they don't do anything then people complain to paypal and ask why they didn't do anything. On the other hand. if they stop doing business with these sites, then people complain that they are ruining a business... damned if they do and damned if they don't.
Well, one less site people can earn from. Will have to wait and see if they can find a new owner.
We are changing Cashium status from Legit to the Watch List. Site owner's Paypal account is now frozen.
"We have a bigger problem, PayPal has frozen whole balance of Cashium and after a phone call I was told they would not give it back before 90 days. Yes, that's not fair but I could not persuade them. When I told the agent 'this means the end of our business' all she told me is 'sorry'. We have never had any suspicious activity and we have made all refunds and we have always kept enough balance for possible refunds. I can hear 'scam' exclamations, trust me I have worked for Cashium round the clock and always regarded members benefecations, at this point everything has turned into a nightmare that I can not handle. Even though I'll be called a scammer, I'm set at ease since I have strained every nerve. I'm asking members who deposited so far to open disputes. Honestly my biggest mistake was using PayPal service. What a shame, I have always been told they would be happy to use their service.
What is next?
In my opinion a new management would be beneficial for both members and me. I'll make my best to protect the investor rights. "
So we are leaving them on the Watch List till either the site refunds investors or it is under new ownership. If investments are not returned and the site does not fall under new ownership the site will be moved to the scam list
In Our Opinion (take it or leave it) ....
Such a shame...This is almost exactly what happened to UpBux. These owners open these big sites and rely these payment processors...then when their account is limited they have nothing to fall back on.
Everyone needs to understand it takes a lot of money to run these sites. If you plan on relying on your alertpay/paypal account to run your site then you will eventually face the same problem as these past sites did. If you have problems with your host or DDoS attacks it will cost you to run these big sites.
People get impatient and complain to paypal or alertpay and now you are dealing with your funds being frozen. Not paypal's fault, after all lets be honest here...this industry is full of scams and paypal must do what they feel is in their best interest. They have to refund people when sites go scam. It is like if they don't do anything then people complain to paypal and ask why they didn't do anything. On the other hand. if they stop doing business with these sites, then people complain that they are ruining a business... damned if they do and damned if they don't.
Well, one less site people can earn from. Will have to wait and see if they can find a new owner.
Cashium
Moved from the Legit List to the Watch List. The site's paypal account is frozen and the owner is talking about finding new management.
Depending on whether or not investments are refunded or if the site actually finds new ownership, will determine whether or not the site will be moved to the scam list.
See review for more info: http://ptc-investigation.com/cashium.aspx
Moved from the Legit List to the Watch List. The site's paypal account is frozen and the owner is talking about finding new management.
Depending on whether or not investments are refunded or if the site actually finds new ownership, will determine whether or not the site will be moved to the scam list.
See review for more info: http://ptc-investigation.com/cashium.aspx
- Nov 14, 2010
RefBackBank
Moved back to the Legit List. Site seems to have fixed past issues and is still paying without problems. See review for more info: http://ptc-investigation.com/refbackbank.aspx
CashSwing
Site removed from the Legit List to the Watch List. Site is up for sale and there is no warning for members on the site or on the forum. See review for more details:
http://ptc-investigation.com/cashswing.aspx
- Nov 13, 2010
FaceBux
Bad news... site has turned into a profit share site. This is when the earnings are not actual earnings and many standard members will not receive their full cashout amounts. Site moved to the Not Reviewable List... however foresee this site as being a risk for users despite it being a site that is no longer reviewable. Use caution. See page for details:
- Nov 12, 2010
ImageHyper
Full review completed. Not a ptc site but a site that pays for every unique viewer that clicks on your image. Site looks promising and payment proofs are showing that this site is paying.
For the time being the site will be placed on the Ongoing Investigations List. See review for full details:
ClixZone
Full review completed. A new aurora site that is currently paying, however the site will be a slow earner for many. Will be placed on the Ongoing Investigations List for at least 3 months. See review for more info:
