I got into YMSS (now STA-Retail) because of the story my brother told me of a friend of his who made a lot of money with it. My brother's friend was not lying to him, and had copies of the income checks to prove it... He also had a couple hundred thousand dollars invested. My brother checked the company out extensively on the Internet and none of the scam sites or scam experts could say anything negative about the them other than "the payments can't go on forever."
He and I both jumped in at the worse time. All the other YMMSS posts on this site explain in detail their sequence of events and how they managed to finally take everyone's money. I fancied myself as a fairly cautious guy, as well as being extemely web and tech saavy, but by all accounts, this company seemed like it could be the answer to my financial woes.
After recieving a small inheritance, I bought a couple of $320. Positions in the scheme, under the agreement that when my cycle completed in 3 months or so, my payments (of 100% profits) would be paid into my Storm Pay account (an online banking company that YMMSS used, and persuaded it's members to use). I could have afforded, at that time, to buy a third position of $320. But I prudently left in in my Storm Pay account to see how this first effort turned out. Now, to make matters worse, Storm Pay is being investigated by the FBI because they are not giving people their money... So I guess I have to say goodbye to that chunk of dough as well because Storm Pay will not respond to any type of contact.
As the months went by, everyone who was employed by them, kept loudly reiterating about how the restructuring of the company, along with their new name, was the reason for the delay in payments. Once the "new company" was created, all of a sudden the rules of the agreement changed and now there were no more pay cycles, there was now a new pay system that afforded its members a pittance per week.
Any understandable suspicions that I revealed in my emails to the help-desk were conveniently regarded as "negativity" in the replies by the Stepford-like staff.in one of the weekly email notifications to its members, Kim Inman, the owner, was being written about and highly praised for having the stregnth of character to rebuild the company rather than split the scene with everyone's money. As if he should get extra credit for not being a blantent theif.
I hope there is eventually a class action suit and the owner and his main henchmen go to jail. Perhaps even a place like Belize (scam central) will not be enough of a buffer to keep them from justice.
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