Hi
my friend joined this 2 years ago, and has not been paid out... The site are still accepting new people.

There are several things that make me think this is a scam

1. This is NOT a regulated company. This means there is nothing to safeguard your money.

2. They ask for a colour photocopy of your passport- my OH is a stockbroker and most financial services require an authorized copy, not a colour copy. They take enough details to open an account in your name and create much debt.

3. They have over 100,000 members- their target, yet they are still taking peoples money.

4. The company has no address or contact phone number, and the only means of contact are via a 'googlemail' email account. This hardly denotes the act of a reputable company.

I am confident this is a scam, the creators have made much money- 25 pounds per person and once people have paid their money they are told they can purchace additional policies. So, well over 250,000 pounds with the ability create mass identity theft.

Not bad for answering a few e mails.