Golden Rocks was a failed investment program claiming 90 percent returns over 30 days and 415% over 90 days. They accepted payment using the E-Gold accounts and claim to invest the money. Message posts were positive until about May 2006 when it all went ugly. Their domain is closed, a few people posted they got refunds but many more apparently did not. Former investors are crying ponzi since many were paid in early days of the program, then it just vanished.

I’ve recently done a review of these E-Gold based investments, you can find it on this site.  Even though all associated web sites do to with Golden Rocks are off line and investors are screaming over losses, the Pola brothers are rolling Golden Rocks 2. I knew you’d be excited to hear that. With this they are promising 20% to 140% return each month and you invest er, I mean loan them $250 to $50,000 a month. You see to get around investment rules and the SEC, they say it’s not an investment, they call it a loan.

Also if you lost money with the original Golden Rocks, it says in the fine print that this is different and they don’t owe you any of the money you might have lost with the original Golden Rocks.

Also they are only announcing this on free message boards and a free blog, there is no contact information and you’re expected to invest after the first one closed down suddenly. Most research shows their location is claimed to be in Panama. You can certainly find more information by searching for each of their names in quotes for an exact match.

These type of things never last, and the 90% return monthly is simply used to get the greediest of people into it. They get paid initially from the buy ins of others, with outrageous returns at the start to get more people into it.

If there was a way to get legitimate returns like that, professional investors would know about it, but there isn’t. So many people from the first one never got their investments back, that it’s amazing they are doing another one. Along with the fact they will not reveal any of their personal information and located in Panama, your legal recourse is basically non existent.