[EYE-OPENING EXERCISE]: A Modest ‘HYIP’ — But One That Provides A Learning Experience Juxtaposed Against JSS Tripler/JustBeenPaid: Compare Pitches Of ‘Blue Hedge Investments’ And JSS/JBP
UPDATED 2:57 A.M. EDT (U.S.A., MARCH 27) Vague information about JSS Tripler/JustBeenPaid is all over the web. The “opportunity” purportedly operated by Frederick Mann is targeting investors in Canada, the United States and many other countries through conference calls, videos and text pitches.
The PP Blog has listened to recordings of four JSS/JBP conference calls with Mann as the featured guest. Persons who asked questions during the calls have identified themselves as residents of the Canadian provinces of “Alberta” and “British Columbia” and several U.S. states. One caller suggested he was Jamaican — and Jamaica, like Canada and the United States, has had more than its share of problems with massive fraud schemes.
See story on combined Jamaica/U.S. allegations against Bertram A. Hill. See story about the guilty plea of Jamaican citizen David A. Smith, implicated by the United States in a spectacular international fraud scheme that involved at least $220 million.
One of the hallmarks of HYIP fraud is vagueness about an “opportunity.” JSS/JBP, for example, purports to pay a daily return of 2 percent, with Mann accorded the description of “mathematical genius.”
But Mann — despite the various superlatives attached to his name and the various preposterous claims — does not tell investors in Canada or the United States (or any other country) where the JSS/JBP “program” is operating from.
As an exercise in identifying red flags, the PP Blog today is proposing that readers visit the website of “Blue Hedge Investments.” (The URLs are below.)
Among other things, “Blue Hedge” describes itself as a “truly once-in-a-lifetime opportunity.”
Promoters of JSS/JBP use similar language when promoting their “program.”
And “Blue Hedge” — also in vague, JSS/JBP-like fashion — also says this: “BlueHedge Investments is led by a team of well-respected Canadian specialists with vast experience in the offline and online investment market . . .”
If anything, though, JSS/JBP is even more vague than “Blue Hedge.” JSS/JBP, for example, doesn’t even identify itself with a nation-state.
Unlike JSS/JBP, “Blue Hedge” plants the seed that its investors earn 9 percent a month, a relatively modest claim in the HYIP sphere. JSS/JBP, on the other hand, claims 60 percent a month, more than 6.6 times the “advertised” monthly return of “Blue Hedge.”
While “Blue Hedge” asserts it is interested in “the financial stability of our people today,” JSS/JBP promoters also claim their program is about the people — specifically, “average people.”
Many people instantly would question any claim that appears on the “Blue Hedge” website, even though its purported payout is far lower than the payout advertised by JSS/JBP and thousands of its affiliates.
But the sad reality is that many people would question neither the claims of “Blue Hedge” nor the even more extreme (or even more opaque) claims of JSS/JBP.
Like “Blue Hedge,” JSS/JBP has a “Platinum” program. And like “Blue Hedge,” JSS/JBP is out there for all of Canada (and all of the United States and other countries) to see.
“Blue Hedge” provides a learning opportunity for all JSS/JBP promoters. The PP Blog encourages readers to visit the “Blue Hedge” site.
It perhaps is best to start with this page to get a sense of the interest rates while comparing them to JSS/JBP. You’ll see “Invest Now” buttons on the page, but perhaps it is best to avoid clicking on them until you’ve visited the “Blue Hedge” FAQs page and finally this page to assess its content and watch the short video.
After that, click on the “Invest Now” button and assess its content. It might be one of the best clicks you make all year. (See button on this page.)