A major piece of spam at work from theinvestblog.com – high volume blog spam and high volume referrer spam at the same time.
The most insidious part of it is that theinvestblog.com appears to be solely built to promote the website aimtrust.com – which in itself appears to be a big ponzi scheme.
Ponzi schemes are nothing new – aside from Bernard Madoff’s high-profile scheme which fooled high-brow investors, the internet is awash with smaller ponzi schemes.
The scam is simple – investors are offered a “guaranteed” return ever day, week, or month.
The trouble is, these returns can only be paid so long as new members join the scheme – with the investments from new members paying the “guaranteed” returns on the previous investors.
The whole thing falls apart when the number of new investors drops to such a degree that returns can no longer be paid.
The scheme collapses, and everyone finds they don’t have any money to withdraw – the scam originator disappears with their profit.
What is even more disturbing is how the website aimtrust.com tries to pass off as a regular investment program – using the words “Aim” to reflect the listed AIM Alternative Investment Market, and the word “trust” to imply a registered Trust with guarantors.
The result is a nasty scam that does everything to mislead and misrepresent itself.
Please note, you cannot operate a registered trust in the UK without coming under specific government regulations, and all financial trading in the UK is regulated by the FSA – as the website “aimtrust.com” does not appear listed as regulated on the FSA website, you can be assured it isn’t – underlining the fact it is trying to mislead and defraud investors.
In the meantime, both the domains theinvestblog.com and aimtrust.com are heavily involved in referrer spamming – sending false referrer information to a mass of websites to try and gain traffic from curious webmasters checking their logs.
Additionally, theinvestblog.com is also on a wave of blog spam comments, trying to claim – in very bad English – that the person commentating is making a lot of money. If so, they are not doing so from investing, but through fraud.
To put the icing on the cake – theinvestblog.com is hosted in Belarus, one of a number of states that broke away from Russia and notorious for internet fraud. The aimtrust.com website claims to be a South African company, with a website, hosted in the British Virgin Islands – a well known tax haven – but both domains are registered anonymously to prevent anyone actually finding out who the owner is.
Not the most re-assuring action from a company trying to claim to be a compliant investment company – spamming the internet, set up to look like a ponzi scheme, originating in an ex-Soviet state, and trying to hide ownership details.
You have been warned.