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Cherry Shares
Cherry Shares was a high-yield investment program which claimed to generate a profit for its investors by engaging in arbitrage trading.〔"(Who We Are )". ''Cherry Shares''.〕 The site offered several investment programs with varying timelines and rates of return. It was run by Brooksell Universal Limited, which was created on August 25, 2008.
==Programs==
Cherry Shares offered four different types of investment programs: a short-term, daily, medium-term, and long-term plan, all with high interest rates.
As of the weekend of December 4, 2010, CherryShares had stopped making payouts for members, according to many forums, blogs and social networking websites. After a series of payout problems with LibertyReserve, AlertPay and Bank Wires, finally, the CherryShares website had become inaccessible to all as of Friday, 12-3-2010. The error message had first said, "502 Bad Gateway," then "504 Gateway Time-out". Some members claimed to have waited until Monday, December 6, before acknowledging that this was the end of "the mighty CherryShares program" (words used by Dane W. Wolf in an Oct. 16th email, "Big Announcement").
In subsequent weeks, attempts to log on to Cherry Shares was still producing the error message, "504 Gateway Time-out", while a new site appeared, one with many similar features that CS used to have. While CS had apparently marked its own lifetime with its description of the 75-week "investment horizon" of the long-term plan and its mandatory compounding, the new site pronounced a 25-week "investment horizon" and mandatory compounding for all 3 of its plans.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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