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From the monthly archives:

August 2009

30/08/09. Daily News from the Industry

by MONEY-news expert on August 31, 2009

Hi, guys! Today I’ve decided to bring you some fresh news from the Industry. And without further ado let’s start with the latest important update from StableRoi the admin of whom I just interviewed on my blog for the second time yesterday (please read the interview here). The update concerns the cashouts that from now on will not be paid on weekends (Saturdays and Sundays). An exception will be made for larger withdrawals of $1000 or more that will still be sent daily. I don’t know why this decision has been taken but probably the admin wanted to have some spare time over the weekends and not feel pressured to process the withdrawals on his day off. I must say that sometimes it’s a reasonable thing to do and can extend the lifetime of a program, especially if we’re talking about high-ROI programs like StableRoi paying 120% after 5 days, 150% after 10 days and 195% after 15 days (read the full review of the program here). Anyway, it seems at the time of writing this post many withdrawal requests have been honored by the admin of StableRoi. But from next weekend please note that the following rule will apply for your withdrawals in StableRoi:
With this letter I announce that on weekends only pending withdraws over $1,000 will be processed! All other withdraws will be sent on Mondays – Fridays!
Don’t worry we are not disappearing, I just need some time to spend with my family and as I said in MNO interview we have a surprise for you and I need to work at it as well!


I must apologize to some of my members that warned me about PlusInv that supposedly suspended some members’ accounts due to them having multiple accounts with the program. Now there seems to be another excuse not to process pending payments to members. Many people noticed that their withdrawal requests bounced back several times and were returned back to their account in PlusInv. And of course this issue miraculously affected only the members with larger withdrawals. Some people with smaller deposits and AP and STP withdrawal requests are still being paid. However since the admin didn’t give any explanation for this. She then disappeared from all the forums so I’m afraid the days of PlusInv are numbered. Somebody suggested there was some connection between BestInv and PlusInv as they went down within a couple of days of each other. Well, to tell you the truth I’m not sure if you can connect those two programs simply because they had similar names, investment plans, and the same script and hosting. If you search online there are hundreds of such programs and nobody could blame one for being similar to another. Most probable the admin of PlusInv wanted to copy the success of BestInv and (who knows?) was maybe even piggybacking on them. Anyway, I think you will agree with me that taking into consideration those pending payouts I can’t list PlusInv as Paying so I’ve decided to move it to Problem status on my monitoring page. I’ll try to contact the admin with all the complaints that were sent to my mailbox and if she replies and pays to the members I can reconsider to my decision. Until then PlusInv will stay in Problem status and I advise you not to deposit there anymore.

It seems two less popular programs namely RoxiTrade and SolidCapital are delaying payouts as well. I have a couple of pending payments in both of them but I won’t hold my breath on getting paid anytime soon. I have moved them both to Waiting status on my monitoring page and will be possibly moving them to Not Paying status soon. So please be aware of that and don’t invest in them!

TenTraders (reviewed here) is back online and paying. Yes, finally it happened. If you are unable to access the site please try to access it via any proxy-server. The program is struggling to pay to all the members but it seems there are some people who don’t want it to happen for some reason. Some bad votes are still appearing here and there and in my opinion it will be hard for TenTraders to regain the reputation that they had before the unfortunate downtime and moving to BlockDos servers. Hopefully the program can weather the storm though as it’s definitely one of the most respected short-term programs online. We’ll wait and see! Here are two important updates from the administration of TenTraders that I received during the last 24 hours:
Hello TenTraders members, All withdrawals until last 7 hours have been processed.
Please don’t hesitate to contact with us if you have problem.
So thank you for your yesterday bad votes that site was down.
We want support of real members.”
“Hello everybody, We should inform you that other programs rented bad voters to put many bad votes for us.
Please be careful about them.
We will put some today’s withdrawals at GotPaid section.
For Monitors : Please don’t allow them to damage listings of TenTraders.
Please stay against them.
Thank you very much. Alex Alier
”.

XagaEnterprise (reviewed here) has added two more plans together with the already much debated 1.2% forever plan. The new plans will attract investors preferring to get less profit but for a shorter period of time. So in the first new plan offering 0.5% for 30 days you will get your 15% profit + principal back after 30 business days (42 calendar days). In the second new plan offering 0.7% for 90 calendar days (126 calendar days) you will earn 63% profit and will get your principal back on expiry. Of course such low paying plans would not be so attractive to the investors considering they have been spoiled with choice from many of low-ROI programs. (For example: GoldNuggetInvest which is currently #1 on my monitoring page offers 6% weekly which is rather higher than 2.5% to 3.5% weekly offered by XagaEnterprise). That’s why the admin of XagaEnterprise Kevin (read my interview with him here) emphasized in his latest update that the program is very self-sustainable and is capable of running for an indefinite amount of time (as it really has some sources of income). Also he reminded that he successfully revived the program in the past twice which was not what many admins used to do. Of course it’s up to you to decide if you want to invest in the new plans offered by XagaEnterprise. I can only add that the program has been a stable and reliable performer for some time ad hopefully the new plans will make it even more popular. Here is the latest update from Kevin I was talking about:
It has been 1 month since the new XagaEnterprise launched. I, honestly, had doubt that the New Xaga will be successful like the old one. But today you can see that XagaEnterprise is bigger than before. Its Alexa rank has passed the old Xaga already. And we’re getting bigger and bigger each day.
I would like to say thanks to you all for supporting me and XagaEnterprise. Because of you, XagaEnterprise becomes one of the best investment programs out there.
Many members from the old XagaEnterprise sent me emails or using the live support just to say thank you to me for bringing back XagaEnterprise. And I always receive same question about the reason why I brought back XagaEnterprise. The answer is simple. We’re not a ponzi program like others! We do manage your money. No Forex, No Stocks, No Bonds, and whatever.
Please notice that XagaEnterprise is the most original investment program that No one has copied us. We’re the one and only. And I will defend XagaEnterprise for Life! XagaEnterprise will stay for Life! Please remember that I brought back XagaEnterprise from the death TWICE! Yes, twice! No joke.
Now it’s the time to step forward. I am bringing XagaEnterprise to the next level. I have added 2 new plans. So XagaEnterprise has 3 plans now.
• Starter – 0.5% for 30 Days (Principal Returned)
• Premium – 0.7% for 90 Days (Principal Returned)
• Ultimate – 1.2% Daily for Life!
The reason I created these new plans because many members asked me to return the principal. Your wishes are granted. Now you can choose the best plan that suits your need.
Please always support us everywhere. Post your payment proofs, rate us, and promote us. Let the world knows about XagaEnterprise. Show me your support. I will really appreciate this.
Thank you very much.
Best Regards, Kevin and Team
”.

There was another regular update received from the admin of GloriousProfit Chris recently. The admin announced that the first referral contest had finished, thanked all the members that decided to upgrade via SolidTrustPay (which is the newest payment processor accepted by GloriousProfit) and promised to add AlertPay soon. Chris also encouraged the members to vote for the program on monitors or discuss it on forums and even announced that the interview with me would be published soon. Well, I am going to send him some questions in a couple of hours and for those who don’t know what GloriousProfit is I will remind that it has quite a sustainable plan of 5%-5.5% for 30 days and accepts four payment processors currently. Please read more about that in my detailed review of the program published here. Also you might have noticed that I have added GloriousProfit to my Personal Favorites listing. It’s because of the continued success of the program and the personality of the admin who seems to be very active in promoting it. Surely, GloriousProfit will become more popular once AlertPay is implemented. I will let you know when this happen on my blog and meanwhile read the latest news from them:
Hope everyone enjoyed their weekend and had some fun while you can. Now Monday is coming soon and work will restart.
As it will restart with you, I will continue with GloriousProfit and have many ideas for this week! I am very glad that a lot of members now have taken the advantage of our recently added SolidTrustPay account and already have some pretty big deposits. Welcome all those members who decided to join us recently.
The contest is now over as of last server time 12:00am. They had really amazing results and the top 2 winners have been paid already. The top referral had 25 active referrals and it really truly amazed me that one member could do such promoting! I think in a couple days I will send everyone a special offer that will increase everyone earnings!
Also, I have contacted Paul from Money-News-Online to conduct an interview with him and hopefully it will answer all of your questions you might have for me! Stay tuned for that in the next couple of days.
To wrap today’s letter up, I ask all members who get paid or are happy with the service we are giving to vote for us on any of the monitors we have on our Ratings page.
Oh, almost forgot. We have decided to start accepting AlertPay soon. Currently our AP account is undergoing verification. Hope sometime this week it will be verified.
That’s all for today, and I really wish everyone a great upcoming work week!
Take Care. Chris
”.

I have added AxaCofinance program to my Personal Favorites listing as well. I think this weekly paying program has a great chance to become a success. I remind you that AxaCofinance pays you 10%-12% for 15 weeks with the principal back on expiry and that it accepts four payment processors. For more information on the program please refer to my review published here. This is the latest update from the admin of AxaCofinance David (will be interviewed on my blog soon) who told members about the referral contest which is going to start shortly. Here is today’s newsletter from AxaCofinance:
Hello dear members, I’m coming to you this Sunday, with good news as often, about AxaCofinance.
To start this newsletter, I would Say “Thank you” to Paul, admin of Money-News-Online.com. We are so honored to see, that we are now listed in his personal favorites listing, which is a sign of quality for us, and many of you. Thank you again Paul for this, from AxaCofiance’s administration and all members.
Everyday AxaCofinance continue to grow, and we have the pleasure to have more and more support, which is really appreciated, and ‘Boost us’ a lot. We remind you that all suggestions are appreciated,and you are free to contact us to share your opinion with our team.
I would announce now, our first Active referrals Contest. This contest is starting today, for a period of 15 days. you can read all details here :

http://axacofinance.com/read_page.phpid=6

As you can see there, the Winner will earn 100$ deposit bonus, and 2nd and 3rd place, will earn 50$ Deposit Bonus. Only Active referrals, registered today or after will be counted to give everyone, the same chance to win.
We hope you will enjoy this nice opportunity to get some extra cash, and share your experience about AxaCofinance with your friends, family and others.
I wish you a great Sunday, and hope you are enjoying good time with your friends, or family.
Best regards. David, AxaCofinance.

There was further clarification regarding the current status of the program from the admin of YesICanSurf (interviewed here) which I have received today. Please, all members of YesICanSurf, read it carefully to avoid any further misunderstanding:
Hello Everyone, It seems that a few members are not reading our updates or newsletters, and that there’s some misunderstanding regarding the number of surf sites you’ll have to view!!
Please understand that this weekend is a non surf weekend, as the old surf site has now ended, and the revenue surf cannot open till September 1st. This is to give us the time to manually calculate the earnings sent to your new accounts.
For the convenience of members who want to surf anyway for credits only, Phil set the maximum surf to 500. That does not mean you will have to surf 500 sites weekly to earn.
To earn from company profits, you must surf only 70 sites weekly (i.e. 10 daily). The surfing to earn will begin on Tuesday. You then surf / earn till you are 200% in profits, at which point your adpacks will expire.
Many thanks to all who are giving us the “space” to get this huge job completed. Your understanding is much appreciated.
Folks, both Phil and I have participated in “regular” surf sites for several years, and have lost a great deal of money when they closed, as all must in time. We are doing this for you, our members, to make sure that YesICanSurf will be here for many months to come.
Revenue shares are a “hot” commodity right now, and that’s because they offer a superior opportunity for both earning and for advertising. We are very excited and we hope that you are too.
Hope that clarifies things a little. More tomorrow, Phil and Sarah.

Now onto my payment report. I have been paid from the following programs during the last 48 hours: LiberalTrade, TenTraders, StableRoi, AxaCofinance, Verifield, IncoForex, GeniusFunds, GloriousProfit, OnisGroup, PreviaTrust, XagaEnterprise, CoolReturn, NanoMoneyCorp and StableInterest.

I have joined two new programs for the last two days. The first one is AimTrust. This program accepts only LibertyReserve, PerfectMoney and Bank Transfers (for verified members) with the minimum deposit set to $20. The plans are as follows: 0.5% for 30 days (for the amounts from $20 to $99) and 1.2%-2.1% for 270 days (for the amounts higher than $100). Your principal will be returned at the end of course and you’re welcome to choose any rate of compounding. The script the program uses is highly customized and unusual. I would say it’s overly complicated (like the program itself) but many investors will like the variety of features and the detailed description how AimTrust program works. According to their website AimTrust is a registered Panamanian company investing in the oil-and-gas manufacturing pipe industry. They offer live chat and phone support as means of communication. They are hosted actually on two sites (dedicated server) and SSL-secured. All in all, AimTrust looks extremely promising and if you disregard their claims about investments and treat it as just another HYIP you have a great chance to be in profit. AimTrust is definitely made for the long term and will stay online for some time. Taking into consideration that the program came online just in the end of July 2009 I can consider it’s still a very good time to join there. Of course it’s hard to navigate their website due to an overly-complicated structure so if you have any difficulties with it please wait for the detailed review of AimTrust that will follow on my blog soon.

The second program I joined today is also very impressive but unlike AimTrust it was launched just a couple of days ago. I’m talking about PTVPartner which is much more understandable to everybody with quite simple investment plans: 110% after 10 days, 125% after 20 days, 145% after 30 days, 190% after 40 days and again unfortunately only two payment processors accepted: LibertyReserve and PerfectMoney. I have briefly talked to the admin of PTVPartner though and he assured me that he was interested in adding more payment options in the future. The minimum required to deposit is from $25 to $200 (depending on the plan chosen) and you’re required first to make a deposit into the program and only after that you can choose your desired investment plan. You can choose the percentage of your profit which will be reinvested on expiry. I believe that PTVPartner program is running on MonetarySoft script, however a highly customized version (I will ask the admin about that in the upcoming interview) and has DDoS-protection from the famous Dragonara company. PTVPartner also has its own forum where the admin explained about the top-notch security of the site in more detail. Here is what he has to say:
PTVPartner has gone to extreme lengths to ensure the absolute success of its online presence. We feel that our security efforts are superior to other online financial programs, including even the most robust online payment processors.
The following is a brief description of our efforts.
1. Our program is hosted on a Dedicated Server by Dragonara.net. Dragonara is renowned for their ability to stop even the most vicious DDOS attack. The security and privacy provided by their service is the absolute envy of DDOS hosting providers.
2. Our Server, on which PTVPartner is secured, is managed on a perpetual basis. This includes debugging, checking firewall and other logs, regular updates, security monitoring, anti-viral updates and routine and redundant back-ups. Direct attempts to access SSH, (known as Shell), of server are disabled as well as a Secret Port ID is used in order to ensure that no one is capable of accessing without knowing the port and double passwords information.
3. Our script is configured with its own private encryption class. This allows it to encode and decode All sensitive information in the database, such as, passwords and balance information. This encryption cannot be decoded by any other software and is multiple times stronger then ordinary base64, md5 or SHA1/256 encodings.
4. The website, including the script and database are redundantly backed up several times per day.
5. SSL is installed throughout the entire site. All sensitive data transferred to, or from, our clients is encrypted and secured.
6. Our script has undergone extensive testing and has proven itself to be fully safe from mySQL injections.
7. The script source code is encoded and protected with IonCube. This provides an increased layer of security against any abusive attempts.
As you can see, we have gone above and beyond all necessity to ensure that our script, website, server and your opportunity is safe and secure.

Can you see a professional approach at work here? Well, I can see it quite clearly. That’s why PTVPartner is definitely worth a closer look which I will give it on my blog soon. So stay tuned for more reviews and news and see you all on MNO tomorrow!

{ 1 comment }

29/08/09. Interview with the admin of StableRoi. Part II

by MONEY-news expert on August 29, 2009

THIS PROGRAM IS DELAYING PAYMENTS! PLEASE DON’T INVEST!

Hi guys! Today I’ve decided to take a “lazy day” as regards MNO having spent the day hiking around the Gullfoss area here in Iceland. It’s quite breathtaking I can assure you so if anybody loves the great outdoors and gets the opportunity to see it then don’t miss it.

But of course I always have something for my readers and today it’s an interview with the admin of StableRoi. If you’re getting a feeling of Deja Vu right now, well, that’s because it hardly been a week since the last interview with the admin there. But with the addition of a new plan it was the admin himself who contacted me with the suggestion of a second interview. And as I was looking for a way to make my day a little easier because of my other plans, I readily agreed.

For further information on StableRoi you can refer back to my original review published here, or the previous interview with its admin Bred published here. Before you read this new interview however I’ll just remind you that StableRoi is a short term HYI program with three investment plans that pay on expiry on offer. One offers 120% after 5 days, another offers 150% after 10 days and finally the newest plan as outlined below by Bred offers 195% after 15 days.

I would also like to remind you that payments are no longer made by StableRoi at weekends. Monday to Friday only and this policy has come into immediate effect. Today’s pendings however were paid in full, but keep that in mind if you wish to join and wait until Monday if that is what you prefer.

1. Hi Bred. For the benefit of the newer readers of MNO, can you once again tell us who you are and what it is you do with StableRoi?

Hello again! My name is Bred and I’m the Financial Manager of StableRoi. I’ve been in the Financial Industry for about six years now and StableRoi is my first attempt to offer my services online.

2. Maybe you could tell us something about the day to day running of StableRoi? First of all is it a full time occupation for you? What would a typical day consist of?

Running StableRoi is one part of my business and my little enterprise is the other, but they are mutually connected so you could say that it’s a full time occupation and job. Last few days my work started with managing finances back in my office. Meanwhile Jackob is running StableRoi and replies to support mails. When I finish up my work with investments me and Jackob are struggling to make our new ideas come true and provide our members with the best support! And then the long-awaited home sweet home. In short that’s about it.

3. How, if possible, would you describe the average investor with StableRoi? Do you find that most members re-invest when their plan expires? How big (what amount) is the usual size deposit?

Average investors are people who intend to increase their incomes as much as possible in short time period. Around 70% of members re-deposit in our program and the usual amount is from $1,000 up to $10,000. For now the biggest deposit we have received is $17,450!

4. Also can you remind us of the existing plans? Please explain them in detail and list the accepted payment options. Also could you tell us what is the most popular plan with investors and tell us why you think this is so?

Plan A : 120% after 5 days (MIN – $5.00 ; MAX – $2,500.00)
Daily profit : 24.00%
Net Profit : 20%

Plan B : 150% after 10 days (MIN – $20.00 ; MAX – $5,000.00)
Daily profit : 15.00%
Net Profit : 50%

Plan C 195% after 15 days (MIN – $100.00 ; MAX – $10,000.00)
Daily profit : 13.00%
Net Profit : 95%

E-Currencies we accept : LibertyReserve, AlertPay, PerfectMoney, SolidTrustPay and StrictPay.

Now the most popular is Plan B, because it offers high return in short time, but Plan C was added recently so it could change!

5. This list has since been expanded, hasn’t it? What is the latest plan to be added to StableRoi and how does it work? Why did you feel it necessary to add this plan at all? What has the reaction from the members been to it so far?

You’re right! Recently we have added a new plan called “Plan C” which offers to gain 195% after 15 days. We saw that members deposited in the plan that offers highest return so we decided to open a 3rd plan that offers 95% ROI! Reaction is very surprising, in fact almost all the latest deposits were made in Plan C so I think that this plan has a great future!

6. Apart from that how much else has changed in your program since our last interview? How popular is it now? What statistics can you offer us on the size of the membership and the amounts being collectively deposited?

Our program’s popularity is growing every day. Total deposits are more then $149,450.00 You can see the site stats in StableRoi main page. Also we have made some minor design tweaks to make browsing our page more pleasurable!

7. Can you also explain the backup plan features to the readers? What is that all about and how does it work?

Sure. So I’ve made a backup plan from my own funds in case if we face unhappy moments we will have funds to withstand them! The biggest feature is that in case of those moments we will have a special plan that will have lower return and longer deposit time, it will be easier to manage and should help us a lot!

8. When it comes to short term programs like yours the question I get asked most often by my readers is “how long do you think StableRoi can run?”. It’s also the most difficult to answer! What is your own answer to that?

As you said it’s the most difficult to answer, but I can guarantee that we will be here at least for two months or more because we have put too much work in future plans to quit now!

9. You said in your last interview that you intended adding Live Chat and phone support for StableRoi. Has there been any progress made on that?

There is been huge progress. The Live Chat script should be ready and installed soon, and the phone support will start work next week 4th or 5th of September!

10. Also in relation to customer support, now that you are into your third week online what would you say the most common problem or question you get members contacting you about and what is the typical answer?

The most common problem is that members don’t carefully read all the conditions and something is not clear for them so they contact me. Usually simple questions are asked like “I just received my daily earning but why can’t I withdraw?” and the answer would be “You can withdraw after deposit plan expires!” But every new day comes with new questions fortunately I’m here to answer them and update our FAQ page occasionally to make things clear faster for the members.

11. A couple of popular sites in the short term HYIP arena have collapsed recently. What would you like to tell readers of MNO concerned about the dependability of short term programs in general about the prospects of StableRoi?

As I mentioned in our first interview my goal is to obtain stable clients who rely on us for long term cooperation. If need be we will change StableRoi to long term HYIP just to retain the clients and keep the program alive! We’ve already put so much work in it and won’t give up if we get in little trouble!

12. Do you have any ideas in mind for the further promotion of StableRoi? Any plans to further expand and improve?

I still would like to keep them a secret, but I can tell you that currently we have negotiations with well known Forex trader team that have shown interest about our project and would like to develop it to its maximum potential!

Well I hope you found something of interest to you there and it will help you make up your mind on whether or not StableRoi is suitable to your needs. That’s about all for today everyone, but I’ll be back as usual tomorrow with a more detailed news review from all the programs covered on money-news-online. So don’t stray too far and stay tuned for that!

{ 1 comment }

28/08/09. GeniusFunds Updated Review and Other News

August 28, 2009

Hi everybody! I don’t know about you but I’m feeling on top of the world today. Literally! That’s because I’m writing this evening from Iceland where I will be for the next week. The bus ride I took around Reykjavik felt like I just landed on the moon but the city itself looks quite interesting. [...]

Read the full article →

27/08/09. Daily News from the Industry

August 28, 2009

Hi, guys! Well I have just arrived in Reykjavik today and I must say it’s quite weird here but also somehow what I expected from this northern country. As I was traveling for many hours I was quite tired in the end so I think you will excuse me if I publish only a news [...]

Read the full article →

26/08/09. PreviaTrust Review and Other News

August 26, 2009

THIS PROGRAM HAS STOPPED PAYING! PLEASE DON’T DEPOSIT!
Hi everyone! Today as promised in my last update I’ll be taking a look at a new and promising HYIP called PreviaTrust which I joined last week. I’m only reviewing it today because first of all they don’t pay on weekends (I joined on Friday) and of course [...]

Read the full article →

25/08/09. Daily News from the Industry

August 26, 2009

Hi guys! As promised yesterday I have all the latest news from the programs covered by money-news-online for you today. I know I also promised a new review but I’m afraid I’ll need to put that on hold for a short while. No reason other than a lack of spare time on my part as [...]

Read the full article →
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