Elite Alliance.net
Complaint 27853 Details

I joined Elite Alliance in the beginning of Mar or April of 2011. I started with only 10.00 as an investment and built up to 100.00 over a few months. Elite Alliance was highly recommended by a real good source, and I, in return, passed on the good word.

Soon we saw issues with payouts and then the site went down. I waited for about a month and it came back up briefly for about 2 weeks I believe, and then gone again. During the time that the site was back online, I noticed that my funds were not available and it showed that I had a pending investment dated back to the time they took the site down.

I am not sure what the reason was that they went down, except that they had been getting complaints from people not getting their money, and that they were thinking of going private... more private than they were.. Obviously they did that, except they didn't let anyone know where they were going, or how to continue investing with them.

I can't imagine them just disappearing with everyone's money, but then again, haven't we all seen this type of thing happen over and over, no matter what the caliber of company they were?

I would love to see some type of resolution to all of this as I have personal friends that had their money taken as well. I do understand the risk of investments and that nothing was guaranteed, but I believe that Leon Reiter and the others should be Held responsible for their disappearing act at any cost to them.