As many of you know WaterInvestment (waterinvestment.net) is not paying to its investors since yesterday. Instead of providing an official clarification of the current situation the program's admin announces implementation of the newest feature of the site called Deposit Insurance. It is claimed to insure your deposit up to $ 50.000. Though, if the program will keep paying to its investors like this soon they would have nothing to insure.
Furthermore, it is reported that a member who proclaimed himself as the program's administrator wants to take advantage of the situation. He asks WaterInvestment's investors to send 10% of their deposits to the program's other LR account so the site of the program continues to work. Obviously, this is a scammer, so be careful.
