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[Gigi]

Today it was announced by the company owning the site that they are "exiting" without paying anyone.

All withdrawing actions have been disabled.
All existing balances on user accounts will soon be zero-ed out.

They've been on review twice by Paypal in the past, but people still went on their site to "invest". The only way they paid users was with investments by newer users, making it by definition a ponzi scheme.

Some review sites have already posted it as a ponzi scheme after the announcement.

 

[Justice]

Damn... thank you for the heads up. That's a really shady thing to do though. Hope none of you lost money.

I once made an account with them but never actually properly used them, boy am I happy now.

 

[luisino]

MypayingAds is page web.... scam really

 

[Lovely]

Thanks for alerting everyone,it will help others not to fall a victim.people needs to research more before using a site to aoid stories such as this.

 

[TD231]

Unfortunately i have to agree with you. This sites turn out to be scam and a classic example of Ponzi scheme. Hopefully, none of BMF members lost their money.

 

[luisino]

Espero que no haya más desprevenidos de que esta empresa fraudulenta se derrumbará.

 

[luisino]

I hope that there are no more unsuspecting that this fraudulent company will fall.

 

[Realarnab]

Exiting without paying anyone is definitely heart breaking. Although not used the site before but would love to see them exiting after clearing their dues. Really bad from the owner.

 

[burningflame]

Hi guys, well i was a user of mypayingads.
However, I didn't used it for nearly 6 or 8 months and I nearly had 60-80$ in my account. So, when I came back i checked my account and I had nothing in it.
So, i tried contacting customer care but it was of no use. So, I am robbed a kind of. It was the only site that i invested my hard earn money :'(