It most definitively is a scam!
First, they've got no monitors monitoring them.
Second, just look at their news section:
Quote:
2007-03-23
All upgrades via E-gold from amount $30 and more will be doubled and from amount $150 and more will be tripled!
2006-12-09
Make upgrades from $500 and more and receive +300% to your membership level and +100% drectly to your Current cash balance!
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That's just crazy! Where do they plan to get that kind of money?
Maybe from new suckers... khm, I mean members they hope to get with promises of wealth and riches?
BTW, it seems that many people are abusing this section (
Proven, Long-Term Paying Programs) just so they could plant their referral link for programs even themselves might have trouble believing in.