The following provides a background abount the Schultz Foundation scam.
If you think that you will be tempted to invest with them, we strongly recommend you to get free "scam education" from us.
Brian Holt
President
Internet Scam Police
internet_scam_police@yahoo.co.uk
It is with regret that we have to inform you that the program is
now closed. Unfortunately we are only able to accommodate 1500
members at this time. We wish it could be more but at this stage
it's simply not possible. We realize that many of you will be
disappointed so we've decided to open our own in-house trading
program to the public for the first time.
We have been running our own bank debenture trading programs for
over twenty years. The programs are administered under our
sister company Eurotrade Group, based in Italy. This region is
fast becoming a major center for bank debenture trading for
various economic and political reasons.
Previously we only worked with clients whose net worth was at
least $1m as this was necessary to raise the $100m required to
participate in these markets. Now we have over $1,000,000,000
in trading capital and can open our program to smaller investors.
We have kept the minimum investment as low as practically possible
so that everyone will have the chance to participate, no matter
what their financial circumstances.
Below is the variable pay-out schedule along with the required
minimum investment:
45% per month compounded monthly ($100-$199)
55% per month compounded monthly ($200-$299)
65% per month compounded monthly ($300-$500)
Other features of our program include:
Control Panel - after we've processed your payment we will send
your login details. You can login to your Control Panel and
view your deposit history, pay out history and other details.
Monthly Disbursements - for example, make a deposit on March 6
and you'll receive your first pay out on April 5. Many programs
pay out on the first of every month, forcing you to wait until
the end of your first complete month before you receive anything.
Instant Withdrawals - simply login to your account and you can
withdraw instantly to your e-gold account. You can withdraw as
much as you like whenever you like. You could withdraw
everything as soon as you receive your login details if you
wanted to, however, you must leave funds unchanged during each
trading month otherwise you won't receive a return on your
funds for that month. For example, deposit $200 on March 18
and you will receive 55% of that, or $110, on April 17. You
can only withdraw on that date, April 17 (or whenever you get
paid) to continue to qualify for returns. If you withdraw on
any other date APART from the date on which you get paid, you
will not receive returns on your funds in the following month.
This feature has been included so that you know, at all times,
that you have complete access to your funds, should you require
them. We recommend you use this feature for emergencies only and
leave funds untouched for as long as possible, thereby earning
you the greatest return.
Deposit Match - we will match your investment (first 500
deposits only). For example, invest $300 and you will be given
two accounts, both with $300. The second account is blocked
for 12 months, so you can't withdraw from it, although you will
earn a monthly return (according to the pay-out schedule mentioned
previously). You can of course withdraw from your other account
at any time. After 12 months both accounts are merged into one
and you can withdraw all of it or as much as you wish whenever you
want. The minimum investment for the Deposit Match is $100.
If you would like to participate in this opportunity then the
sign-up page is located at the following address:
http://www.eurotrade-group.com/join.phpWe will send your login details as soon as your deposit has been
processed. We are very busy at this time so please allow several
days, although we should get it done within 48 hours.
Now, let's look at the potential that our program offers. Here
are the annual returns, assuming all funds are left untouched and
left to compound month after month:
$100=$8638 after 12 months
$200=$38460 after 12 months
$300=$122,159 after 12 months
This is known as Phase 1 and lasts for 12 months. You can
withdraw funds whenever you wish (see Instant Withdrawals,
above), but if you do this it will take you longer to reach the
amounts listed above. You cannot add funds during Phase I - your
initial deposit is your only deposit.
After 12 months you will enter Phase 2, where the balance of your
account will determine the return you get for the next 12 months,
as follows:
Investment amount: $5,000-$24,999
Return: 20% per month compounded for 12 months
Example: $5,000=$44,580 after 12 months
Investment amount: $25,000-$249,999
Return: 10% per month compounded for 12 months
Example: $25,000=$78,460 after 12 months
Investment amount: $250,000+
Return: 6% per month indefinitely, non-compounded
Example: $250,000=$180,000 per year (equal to $15,000 per month)
Phase 2 will NOT operate with e-gold because we don't believe it
is secure enough for sums this large. We will open an offshore
bank account free of charge for those who do not have one. A
domestic account can also be used but we don't recommend this if
you don't want your government or anyone else finding out. We
have relationships with several banks in Switzerland - all offer
on-line banking and multi-currency accounts with debit/credit
cards.
If you have insufficient funds to enter Phase 2 (because you have
been withdrawing too much during Phase 1, for example) you can
choose to enter Phase 1 again until you have the minimum $5000
to enter Phase 2.
The rules during Phase 2 are identical to Phase 1 - you can
withdraw whenever you want but remember that you will only
qualify to receive the designated return if you leave your
balance unchanged during each trading month. In other words,
you can only withdraw on your payment date if you wish to receive
uninterrupted returns.
At the end of the 12 month period in Phase 2 you will re-enter
Phase 2 for another 12 months until you have $250,000, unless
of course you have $250,000 or more at the end of your first
Phase 2 cycle. If your balance ever reaches $250,000 during
Phase 2 before the 12 month term is over then you will be taken
out prematurely.
Our aim is to help you reach $250,000 as soon as possible, using
returns from our own funds and our larger investor's funds to
pay the high returns. Then, at $250,000, you are in the same
position as all our other major clients earning 8% per month with
2% of the return being used to help fund smaller investors and
pay the administration fee, leaving you with 6% per month
non-compounded.
6% of $250,000 per month non-compounded is equal to an annual
return of $180,000. When you reach this stage we will impose a
maximum investment limit of $1M. However, should you reach this
stage we can recommend other reliable bank debenture trading
companies who can help you with investments over $1M.
If you would like to take advantage of this opportunity then
the sign-up page is located at this address:
http://www.eurotrade-group.com/join.phpUnfortunately we must place a limit on the number of applicants.
Only the first 1000 will be accepted. If you are not lucky
enough to be one of the first 1000 then your money will be
refunded within 48 hours after we close the program.
Finally, we recommend that you stay subscribed to our mailing
list as we hope to re-open the free program in 2 years time.
Details of this will be sent to the mailing list nearer the time.
All that remains is for me to thank you for taking an interest
in the Schultz Foundation and wish you good luck for the future.
Hopefully we've opened your eyes to the real world of high yield
trading and you'll now be better equipped to sort out the scams
from the genuine trading programs.
Best Regards,
The Schultz Foundation Team