This report is not designed to prove who is a scam or who is a liar. Those quotes and comments are for public forums. This report is based on the information we have collected, interviews with the disputing parties and our experiences in this arena. The purpose is to decide who is at fault and who if any one has committed wrongdoing.

The year 2004 has brought the high yield investment arena many programs. We have seen many come and go. But no program has been as active as Freelandopps.

When Freelandopps first made its presence known on or around January 15, 2004 many did not realize what to expect in the future. The Admin of Freelandopps is named Xavier. It is not known if Xavier is the real name of the Admin or something that the program opted to cook up prior to the release of the program.

For the majority of the time, most investors in this arena join programs and have been blinded by promises. Freelandopps has made many statements and has come through on most regarding the operation of the program. The program boasted that they had purchased numerous servers so that downtime would be minimized. They purchased a full line of domains so that people would never have a problem reaching the web site. It looked like a professional organization securing their fate in an arena that was used to failure and disappointment.

What has been discovered since the X-Changers' announcement on Friday August 27, 2004, will shock many while others will wonder if they have made a disastrous mistake in trusting their gold with this program.

For those who have been following Freelandopps since the program first made its appearance, you are more than likely aware of the past problems the program had with e-Gold, e-Bullion, and VirtualGold. These problems have now happened at EvoCash as well.

According to information received, e-Gold.com has in the past imposed credit limits on Freelandopps accounts. This is usually done when one of the following happens at e-Gold.com.

1] The accountholder has not fully completed information in the account details.
2] Other accountholders using e-Gold accounts are contacting e-Gold support requesting information regarding that specific accountholder.
3] If excessive traffic through the account, which basically means a higher than normal volume of gold being deposited in the account.

ALL gold providers have a level of security active when their system is being used. Providers have the need to log all IP addresses that are used when entering their system. We all know how a setting must be set on your e-Gold account to allow for multiple IP address to access an account or only one IP address for tighter security.

This process of security can not be done with the present system imposed in the Freelandopps system. The tunneling software used in the Freelandopps system is not allowing EvoCash or any other gold provider's security to be used correctly. This is one of the reasons why e-Gold, e-Bullion, VirtualGold and now EvoCash have asked to terminate services to Freelandopps. More will be explained later in this report.

When the news regarding Freelandopps started to unfold last Friday, e-Bullion.com was contacted with a request from e-Told to respond to some concerns that have been presented to staff on practices committed by Freelandopps. It was also asked as to why e-Bullion opted to request Freelandopps to cease using the e-Bullion system.

The response from e-Bullion was one that was expected but considering the situation we had hoped for something. Here is e-Bullion's response from Michael Singleton who is in the Operations department.

Thank you for writing, however, as I am sure you can understand. Policy prohibits us from public-comment regarding any current or previous e-Bullion account-holder (or their activities), as that would violate the acct-holders Privacy.
Thanks again for your time and consideration.
Regards,
Mike Singleton Operations

Since e-Bullion will remain silent based on their policies, procedures, and terms of service the following information can not be verified. But if you look at the past history of how Freelandopps has found it necessary to change providers on a regular basis, you will see that there must be some truth to the madness found in this high yield investment arena.

You may remember when the Admin of Freelandopps sent out an announcement regarding a cap on the amount you can withdraw on a weekly basis. This started a string of negative comments in public forums that has not let up for the last month.

Xavier's announcement regarding a cap on withdrawals of $1,000.00 per week per account brought some investors to start thinking that there was trouble brewing. Although this announcement could have been taken as a red flag, to most investors a cap was something they would never be close to, so many did not worry. Most withdrawals were reported as less than the cap allowed.

You may call the following information as found through the grapevine. The reason, the person who supplied the information wants to remain anonymous at this time. This information should be considered as coming from a trusted source in this arena. The main concern this person has with Freelandopps is how the program seems to have manipulated the weekly cap.

It was discovered August 28 that at times requests were made through Freelandopps member's accounts for much larger withdrawals well in excess of the weekly cap. The amounts that were being requested to be are said to have been five digit amounts.

The real concern is, if there is a cap of $1,000.00 weekly on withdrawals then whose accounts were these large out-exchanges sent to? If members are being capped, then likely these large transfers were being sent to accounts either owned by traders or buyers or were personally owned by the Freelandopps Admin under different names.

IT has been told to e-Told staff that in a one-week period in June this year, Freelandopps managed to move up to $2 million from e-Bullion accounts. Do not ask for proof, there is none. Like many of the rumors out there, this could be considered the same. The only difference is this came from a trusted source in the arena, and was proven as true later in this report.

It is now known that the hard work of Freelandopps staff and their hired help who administer their forums have done a great job at convincing many to invest larger than normal funds into this program. It has been discovered that some have mortgaged their homes to invest in this program. Others are known to have siphoned their retirement saving into Freelandopps.

One comment from one source, claims that the Freelandopps program "is not your standard HYIP, this is more like Costa Gold, possibly the same people, or like EZbucks." The source went on to state that " this is big bigger than anything recently, we are talking about MILLIONS and not 1 or 2." It is estimated that the amount of gold invested into Freelandopps might be as high as $10 million!

Once e-Bullion had chased Freelandopps away and requested that they not use e-Bullion, Xavier needed to find another location to handle out-exchanges. That brought VirtualGold into the picture. At the time that Freelandopps began to use VirtualGold, the gold provider was considered to be new.

Within 30 days of the announcement that VirtualGold was the program's new provider, VirtualGold had stopped out-exchanging Freelandopps and halted use of the account. At that time Marco was away on a business trip and there was a 72-hour period that Freelandopps' staff were in defensive mode at the program's forum. Once Marco returned the account was reset. Freelandopps dealings with VirtualGold ended around July 24th.

With VirtualGold ending their relationship with FLO, it left Xavier the need to find yet another provider to handle the traffic. EvoCash has been a force in the eCurrency since 2001 with what most consider an adequate track record. No complaints of real substance have ever made their way to the e-Told Reports. The recent problems between out-exchanging EvoCash for Freelandopps have created a different approach for FLO staff.

When this story broke on August 27 you may remember that EvoCash had asked exchangers to hold off doing large exchanges for Freelandopps members, it brought out one public comment that seems to have triggered a snowball effect.