Update from Alex Reiter (Jun 1, 2011)

Dear Business Partners,

After all the recent events, I just cannot remain indifferent to what is happening in some online communities and forums.
I am the second administrator of Elite Alliance and I feel that I have a right to post this.

I was simply shocked by the way some people can be so negative to the whole Elite Alliance and the job Leon does for all the members.
What in the world would affect some of the members to start blaming Leon for such issues as a SECONDARY PASSWORD LOSS?

Leon agreed to help all those members who lost their secondary passwords not only to issue new passwords, but also to credit their accounts with interest for the full period of time.
And now some of these people try to blame the administration for the delay with this.

Imagine the situation where hackers steal your primary password. They will be able to log in to your account, but not able to withdraw your money or change your e-currency account.
But if they recover your secondary password on the first demand then anyone having your primary password can access your secondary password. 
And eventually, what's the sense of having an additional level of security provided by means of SECONDARY PASSWORD???

As we started this process of recovering, we encountered 4 attempts to obtain a new secondary password to withdraw members' funds to a front account.
This can happen when a member's computer gets infected by a Trojan virus. Then a hacker can simply access the email account of a victim, e-currency accounts and so on.

After all, we are in the process of upgrading our website so that any member can recover his/her secondary password by using SECURITY QUESTIONS.
These Security Questions will be set only once during registration by new members. As for the other members, they will receive new secondary passwords.
The most patient members will receive their extra (bonus) earnings, but some impatient members (thankfully only 0.01% of the membership) will receive their initial amounts only. 

I would recommend that the most impatient members read (and learn) our Terms of Agreement page at:
https://www.elitealliance.net/interface/terms.php

Please pay attention to the following General Policies points:
2. You are responsible for all activity performed online under your password.
5. Elite Alliance will ensure full confidentiality of all personal information and financial data.
10. Elite Alliance reserves the right to terminate service based on a contract violation or the improper use of the service.

Please understand that this only concerns IMPATIENT Members. Our ESTEEMED Members (those who understand the situation and are showing their patience) should not in any way feel that this message pertains to them.

The whole latest delay with payouts is related ONLY to the above situation as we are clearing up database and the system in order to help and protect our members who lost their secondary passwords.
This delay has absolutely nothing to do with our financial situation. Our turnaround totals half a million euros a day, we have millions in assets only in our trade/bank accounts.

And we will sustain for a long time in spite of everything. We are safe as always and will stay that way for years to come. 

The last, but not the least. Leon will come up with an extensive update within the next 24 hours. And by the way, we will have some new payment methods by Friday.
In the end we will have everything back to normal in a matter of days.

Take care and best regards,
Alex
Elite Group