UPDATE: (UPDATED 11:51 A.M. EDT U.S.A.) Our first story on Wealth Creation Alliance (WCA) is here. Like the collapsed Zeek Rewards MLM scheme that the SEC accused last month of being a $600 million Ponzi- and pyramid fraud, WCA preemptively denies it is an investment company. And WCA also specifically denies in is an “HYIP,” despite the fact it claims that a $2 “purchase” of an “ad unit” will return $3.25.
Apparently positioning itself as an “advertising” company, WCA now is publishing ads for HYIP scheme after HYIP scheme on its website. One of the ads is for “ProfitClicking,” the apparent successor scam to the JSS/Tripler/JustBeenPaid scheme that seeks to make members affirm they are not with the “government” while simultaneously seeking to disclaim any responsibility on the part of itself and affiliates for advancing the scheme, which plants the Zeek-like seed that annualized returns in the hundreds of percent are there for the making.
Another ad on the WCA site today read as follows (italics added):
New A2P Pre-launch
7% daily for 30 days
10% income on 2 levels
Click Here Now
A2P is shorthand for Alert2Pay, which purports to have a “ShortTerm Plan” for 30 days and a “LongTerm Plan” for 70 days. Both plans permit “compounding,” a key marker of an HYIP scam.
And Alert2Pay also explains what it is not, another key marker of a scam.
“Alert2pay is not a hyip, not a mlm, not a doubler and definitely not a cycler. We’re a Targeted Email Advertising company that’s Paying You Daily Cash Back on ALL Your Advertising Purchases. We sit under the umbrella called AI Corp, (AlertInvest Corporation). Alert2Pay.com is the first website under the AI Corp umbrella.”
Another “program” pitched on WCA is something called HourHour. Here is the text pitch (italics added):
Get 120% in 5 days!
Click Here Now
HourHour purports to pay “1% FIXED HOURLY FOR 120 HOURS” or “150% AFTER 240 HOURS.” Meanwhile, the HourHour “program” advertises that its accepts SolidTrustPay and other offshore payment processors. SolidTrustPay has been linked to fraud scheme after fraud scheme and was one of the processors used by Zeek.