There are some fairly happy people in the State of Florida this week. The smiles are due to a sting operation that took place in the most North-Western reaches of the USA.

Brian Gilliland has been wanted in the State of Florida for stealing close to $29 million from residents in what was called an offshore prime bank debenture scam. According to the report Gilliland was due for an extradition hearing in British Columbia Supreme court on May 2, 2005,

The arrest was made after a private investigator lured Gilliland back across the Canadian US border to a small town called Point Roberts in Washington. Gilliland made his way to Canada after bilking the funds four years ago and lived in a lucrative waterfront condominium.

The private investigator made friends with the schemer and after nine months association managed to lure the wanted man across the border with the help of a coupon for a free lunch. With an extradition hearing due in less than two months, why the rush to bring him to justice?

The reason for the sting operation was because of the plan for Gilliland to flee Canada. According to a taped conversation, Gilliland was planning to flee to Chile, Brazil, Venezuela or Belize. All four countries do not have extradition agreements with Canada or the USA and were considered safe.

The setting was Point Robert, Washington. This small piece of land that is connected to Canada does not have any land link with the United States. The only way to access the community by land is through Canada.

The private investigator had contacted the US authorities in regards to the sting being set up. Once the group crossed the border Gilliland seemed relaxed was looking forward to lunch and that is when the authorities swooped down and placed Gilliland under arrest.

With a nine-millimeter handgun pointed at his head, he released the seatbelt and was taken by boat to Blaine Washington without a struggle. He was to appear in Seattle court on Monday this week and was likely being returned to Pensacola Florida within the week.

Other Americans have already been tried and convicted of the crimes committed and were sentenced to terms between five and eleven years each. Gilliland could face up to ten years behind bars if and when convicted.

The final words from the investigator to Gilliland were to enjoy the 3,650 free meals the prison system would be given him during his prison term.

Information from Todd Battis and Rob Brown of CTV in Vancouver provided the information to the staff at CTV.ca News who wrote the following article, which can be read in full by clicking on the link provided below.

An incredible story of scamming and stinging has played out in the U.S. border community of Point Roberts, Washington.

Fred Gilliland had been wanted in Florida for bilking investors of up to $29 million US in an offshore "prime bank debenture" investment scam.

His extradition hearing in B.C. Supreme Court wasn't due to begin until May 2. But he was lured across the U.S. border on Saturday by "Brian," a private investigator and by someone Gilliland had conned…….. For more on this topic, click the following link.
For The Complete Story

Like all investment programs this one was created to improve the investor's financial condition, sounds like a social disease. In general the majority who play these programs know they are not investing. This is mostly a gambler's paradise.

This "team" claims to have worked in Forex trading for six years. The results achieved are claims as successful and stable. To increase the volume they are looking for investors. That means they are looking for you. As well as Forex they are in a "fully array" of activities, which include high yield and low risk ventures. You have more than likely read what they offer on other web sites.

Program Setup

The program offers a minimum deposit of $5.00 with no maximum amount. The daily payouts will be between 6% and 7% for fifty trading days. The referral program being offered will payout 10% of the deposit made by those you have referred.

Domain & Server Information

IP Address: 63.247.84.36
Host Name and Location: Global Net Access, LLC Atlanta GA
Domain Registration: Victor's Web Design using the email address [v_tereshenko@yahoo.com] registered the domain name. The mailing information is falsified and claims to be in New Jersey. Phone number is using country code 91.
The domain was created on March 7, 2005 and is being maintained through ns.coolservecorp.net.

The Bottom Line

You have to wonder how a person can create a web site and offer a team approach to an investment program. All daily payout programs offer the same concept with little difference from others except for the rate of return. Furthermore you have to wonder how these Admin make claims they are a real Company.

The registration for this program has the name and email of a web designer. Either this false information or the registrar has little to know experience dealing in the high yield arena.

The program claims they need your funds for further development and to increase the team's trading volume. Why come to HYIP if you need funds? Any respectable group like this team, claims they should not have to come to online players. With all the success they claim, why not go to the banks and offshore establishments that are in the areas they want to increase development. Highly unlikely that this team of people are, who they say they are. Call this one a Ponzi, or a gold game, but do not call it an investment.

When you start off reviewing a site you kind of start to worry when a high yield program publishes "we will never let you down." That seems to be exactly what 99% of high yield program do eventually so when one states it, you expect it eventually.

The Admin wants your trust and offers to conduct business in a fair and reasonable way. Most of the information found on the home page is meaningless to most. The Admin states that they have seen a "number of instances in the financial services industry where a firm is unable due to its financial circumstances to return investors' investments or money." This is basically what you and most players in this arena call a scam program. This Admin claims they have noticed a number of these. Most in this arena have noticed almost all of these.

The following is added to the home page and has been found on "numerous" other programs. You have to wonder that some of these are some of the numerous the Admin refers to above. "What are you thinking of doing next ? Taking the family away on a long-awaited holiday ? Buying a special present for someone you love ? Or making your own life easier by paying off all your outstanding bills in one go ? Whatever you have in mind, it could soon become a reality."

Program Setup

The program is offering two separate plans. The "Standard" plan offers 12% daily for a term of 20 days. All deposits of under $500.00 are automatically entered in the 12% daily program. The minimum spend is $2.00. The "VIP plan pays out 15% daily for a term of 20 days. Your deposit must be more than $500.00 to enter this plan.

Payouts will start the day after you make your first deposit. There is no referral plan being offered by this Admin at this time. Like all high yield programs you are free to make multiple deposits as you wish.

Domain & Server Information

IP Address: 66.246.218.23
Host Name and Location: Net Access Corporation Parsippany NJ
Domain Registration: Mark Merkado who is using email address [egold_catcher@bigmir.net] registered the domain name. The mailing information claims to be in Kerhabe Malaysia. Please review the bottom line regarding this issue.
The domain was created on March 7, 2005 and is being maintained through ns1.myhostnet.net.

The Bottom Line

The person who registered this program is using the same registration information as found on Capitalbiz Solutions. At this time Capitalbiz is down due to "financial problems." The end result is this program may well be the substitute scheme being offered by this person.

With no referral plan this program will need some help is being able to bring all deposits to term. Your spend reaches profit on day nine if you are in the Standard plan or day seven is in the VIP plan. The program is young and the next week or so will be interesting.

Due to the connection to Capitalbiz Solutions this program is considered to be extremely risky. The chances of making a profit will be tested by those who make new spends.