You know when I check these sites out I sometimes see patterns.
You may remember Aurora Mine which blew up a few days ago. Well, guess what, Dubai bank has EXACTLY the same text on their Rules page as Aurora Mine had.
I quote from their Rules Page.
As a private transaction, this program is exempt from the US Securities Act of 1933, the US Securities Exchange Act of 1934 and the US Investment Company Act of 1940 and all other rules, regulations and amendments thereof. We are not FDIC insured. We are not a licensed bank or a security firm.
You agree to hold all principals and members harmless of any liability. You are investing at your own risk and you agree that a past performance is not an explicit guarantee for the same future performance. You agree that all information, communications and materials you will find on this site are intended to be regarded as an informational and educational matter and not an investment advice.
Guys STEER WELL CLEAR, if this REALLY WAS a bank in Dubai, trust me it would not even bother quoting the US Securities Act of 1933!
Sometimes it takes some digging to spot a scam – sometimes it’s pretty easy.
The FAQ page is half built. Even if it is paying out now, very shortly it will do an Aurora and disappear completely.
If you want to see what I’m recommending please click Current Investments .
I will put money on it that this is being run by the same people as Aurora Mine, or they are using the same spammy script.