The Admin of the program actually has a graphic showing that the program is called Desperdaro.info. A quick search reveals that the domain name is for sale, which means this Admin never purchased the domain and is simply calling the program that name.

The program is not much different from many of the others out there. The Admin claims a group of experienced traders and market analysts established the program.

Admin copied most of the information to create this scheme. "Our success is founded on the strength of investment research, in association with the depth of knowledge and experiences. It was created for the purpose of providing it's membership with the safest and most secure investment programs available, with the best possible and achievable returns at a minimum of risk, because all terms of deposits and interests are at reasonable values. With our program we offer you a continuous Weekly profits that will be transferred automatically to your e-gold account every week."

The payout amount should have been more than enough of a reason to stay clear of this program. The forum at MOG tells a different story. It seems there are a number of people who have made deposits to this program. At least one made an additional deposit after receiving just one payout.

The program offered three plans. The first offering 120% paid after one day. The amount included the principle and means the payout offered 20% profit. If that does not mean game wagering, then how about the minimum deposit of a buck.

Do you know the reason why some Admin opt to go with a low minimum? The Admin realize that if they can trap a dozen poor gamers who can only afford a dollar each, these individuals will be excited about receiving payouts of pennies enough, that they will post paid to rating sites and forums.

Once posting of paid are noticed, you know the next phase is waiting for bigger deposits to be made by those who are checking out the program through links found at the rating site. Many have no problem believing what they read and spend as much as $100.00 expecting to be paid. Often these larger deposits are never paid, and the amount of positive posts for pennies, drowns out the few negative posts made by larger investors.

What is typical of most e-Gold schemes is the more you deposit the higher your investment. Many claim this is because of the importance of the deposit, but it is actually the more you spend the higher the risk

The second plan produced by this Admin offers 150% paid in two days. The minimum is increase ten fold over the previous plan. The Admin holds the funds until the term and therefore keeps people waiting an extra. This gives the Admin additional time to run.

It is likely that a few players opted to spend to plan three. This one offered 190% paid in three days. The program never got that far. If any one made a deposit to plan three the funds are 100% gone.

The rules page found at the numbered address of the web site located at . As reported the domain has not been purchased and according to the site you are sent to when trying it, the domain is available for sale.

What this also means is the contact address used admin@desperado.info does not exist. There is a contact email address supplied through the source code of the investment page. The Admin wanted to at least receive email when deposits were made. After all the sooner you know it is there, the faster the gold can be moved to another account.

The terms of this program were copied from the web site used for Gold Forex, which was offered back in October 2004.