Colinfund Reported as Scam HYIP

Colinfund Finance Corp. which have a domain name Colinfund.com reported as not paying aka scam HYIP. This site is just like another scam site long time ago. Old script, old HYIP style.

Program Description
This description taken from their website. Colinfund Finance Corp. registered in file #478617 since May 17, 2005 in the Public Registry of Panama is an offshore investment company operating since 2005, when it was first established as a private company by two former JPMorgan derivatives traders. The decision to expand the operations online was taken during the Annual General Meeting of the shareholders in June 2007 which became reality only a few months later.

ColinFund at a Glance

Licensed offshore investment company.
Run by former JPMorgan derivates traders with more than 20 years of experience.
Diversified high-grows portfolio of securities managed using a safe investment strategy.
A choice of several attractive investment plans which start as low as $1.

ColinFund Investment Plans

1 DAY PLAN
This type of plan is targeted at short-term investors who seek small returns and maintain liquidity at the same time. Funds are mostly traded on the Foreign Exchange Market using Intraday Trading.
Minimum Investment: $ 5
Maximum Investment: $ 1000
plan Duration: 1 calendar day
Total Investment Return: 115%
Plan Cancellation: Allowed at any time (10% fee)

2 DAYS PLAN
These plans are often chosen by investors seeking above than average returns, but don’t want long-term commitments. Returns derive from trades on both the Derivatives and the Foreign Exchange Markets.
Minimum Investment: $200
Maximum Investment: $ 3000
plan Duration: 2 calendar days
Total Investment Return: 142%
Plan Cancellation: Allowed at any time (10% fee)

3 DAYS PLAN
Plans “3 days” are targeted at investors seeking high capital growth and are willing to make long-term commitments. The majority of assets are invested in Derivatives plans, with a portion invested in high-quality Initial Public Offerings with strong business momentum.
Minimum Investment: $ 500
Maximum Investment: $ 5000
plan Duration: 3 calendar days
Total Investment Return: 194%
Plan Cancellation: Allowed at any time (10% fee)

We always call it as: Crazy plans

Here is detail email receieved by our support

Date: Wed, 20 Jan 2010 14:51:19 -0800
To: *********@hyip-expert.com
From: “********@gmail.com” <*******@gmail.com>
Subject: Customer Support Request Copy
Message-ID: <ea48259d5fd2a20c9e1296e86511b4cf@www.hyip-expert.com>
X-Priority: 3
X-Mailer: PHPMailer [version 1.72]
MIME-Version: 1.0
Content-Transfer-Encoding: 8bit
Content-Type: text/plain; charset=”iso-8859-1″

Ticket Type : Normal
Date : 2010-01-20
Issue :
Priority : High
Status : New
Name : ani
Email : ********@gmail.com
Product :
Order No :
Subject : Customer Support Request Copy
Message :

Colinfund – NOT PAYING!!!!