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Wednesday, January 14, 2015

EgoPay - scam e-wallet

It was really unexpected step from its owner, but seems that EgoPay was made to scam us. The staff was very active in last months, added many Facebook posts, brought big merchants and advertised in hyip sources (e.g. moneymakergroup).

If I am right, the owner washed 200k EP USD trough Payeer and exchanged it for BTC, but he left an IP trace, which guys on shared and concluded that it wasn't any third party person, but the admin himself. This forum is the fastest regarding news in hyip industry, but it is in Russian (I also don't like using google translator).

Online chat of EgoPay is not available, the tickets are unanswered, no official news about server/system changes, just this cheap excuse in userpanel:
Many of us remember collapse of LibertyReserve, but it was seized by U.S. Securities and Exchange Commission, so it was another story. The owners of LR tried to run the business, but they were stopped; the owner of EgoPay stole the money from his own business, so I call him mega cheater because he planned this action. 

As a result, no exchanger accepts EgoPay "money" anymore, including Payza and Payeer so we have zero possibility to get money for worthless numbers in our EP wallet. It is rally sad, I also heard that many of you held thousands in your wallets, but guys, why? EgoPay was made for hyip industry, where is nothing safe so why did you have so high amounts here? Sure, I also lost some money, but I didn't hold high amount here because I never liked EgoPay due to high fees. 

Some optimistic people hope that EP will come back, but the signs tell that EgoPay is dead. I chose the last chance and exchanged my EP "numbers" at 70% fee at one guy (who had extended connections), so I got back something even it was a ridiculous rate. 

You may ask which e-wallet can we use, but as I said, there is nothing safe... PerfectMoney looks like a brother of LibertyReserve with ridiculous, never changed design, so it can be the next - but not now. 
Safe e-wallets are for example Paypal or Skrill, but these are rarely used at hyips. (Maybe admins from Third World haven't heard about Skrill yet ;) Also, Paypal isn't good choice, because every cheater can submit a transaction dispute and PayPal will seize the admin's account during the investigation what is dangerous for inflow and generates big panic... 

I think STP and Payza are quite safe e-wallets from hyip list, but they have strong requirements (mainly STP) and disliked high transaction fees. So nothing to do, we will continue to use PerfectMoney, Bitcoin because all we need is low fee! 


  1. Hello, we once again accept Egopay. You can sell now your
    Egopay with limited time.

    Thank you.
    Best Regards,

  2. IS This site a SCAM or no : ? IS SCAM Or No ?

  3. is scam don't pay $121 egopay

    1. EgoPay is dead currency, why do you blame exchangers?

  4. I loved reading your post on undefined. The title was a bit misleading and I would have liked to see a bit more information about the site and what you found. I'm sure you spent hours on this and did an amazing job.
    Ecommerce Champ


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Hyips are just risky games where you can lose all your money. Information on this blog are expressing my opinion what is not an advice to invest. I do not recommend to invest what you cannot afford to lose.

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