23/10/09. MandarinInvest Review and Other News

BEWARE! THIS PROGRAM HAS STOPPED PAYING! PLEASE DO NOT INVEST!

Hi guys! Hope your all having a good start to the weekend. If yes, then carry on as you started! I have plenty to keep myself occupied here of course, and I hope it’s the same for you. But if you do have some time over the next day or two and find yourself online, then you could do a lot worse for yourself than check out this little nugget that came my way just recently. It’s called MandarinInvest and it’s a very promising low rate of interest long term HYI program. I think I may have said in another recent review of a similar long term program that this particular side of the online investments trade can be a tough enough one to establish yourself in, with some well established and respected names dominating. That much is still true but if anyone seems to be starting out on the right track to carve a niche for them selves in that area, it would be MandarinInvest. Let’s take a closer look.

The starting point for most people I suppose will be the plans and they are quite profitable. Profitable that is without making promises that can’t be delivered. Provided the right amount of support is there they could prove to be well sustainable for sometime. There are five plans available to choose from, unfortunately some of you (well, most of you actually) might consider some of the options to be overpriced. Certainly until the reputation of MandarinInvest becomes a bit more firmly established. But there are other choices so keep reading.

First of all we have The Basic Plan. If such a thing as a test plan can exist within a long term program then I guess this would be it. At 30 days in duration it’s pretty damn long for a test plan but you know what I mean. The minimum amount to invest is $1 and the maximum is $99. No great fortunes to be made here but still, if you want to just check it out for yourselves and see how smoothly the whole thing runs then it’s an ok place to start. The rate of interest payable is 1% per day with your principal handed back to you at the end. So for a $50 deposit you’ll see a return of $0.50 per day, adding up to a total of $15 on expiry and becoming $65 with your principal.

So if you’re happy enough with that and want to take it to the next level we have The Starter Plan. This will be for all deposits ranging from $100 to $999. The rate of interest takes a jump here, as does the investment term, rising to 1.3% daily and 100 days respectively. So in the all important monetary terms that would mean a minimum $100 investment getting you $1.30 per day. 77 days into the term you will have recouped your principal and can safely call everything after that as a passive and profitable income. By the time the term expires on day number 100 your payments will have added up to $130. Your original deposit will then be returned giving you $230, or 100% principal plus 130% profit.

The Starter Plan will be dare I say the most popular one for obvious financial reasons but for those of you looking to play with more serious numbers MandarinInvest has another three plans that you can also think over. Starting with The Advanced Plan, you are free to deposit anything from a minimum of $1000 up to a maximum of $4999. The rate of interest payable here is 1.6% per day and the investment term is 150 days. So let’s do some maths. If you deposit the bare minimum $1000 here then you are promised a daily rebate of $16. All things going according to plan then you should have your principal back by day number 63 and start counting the profits after that. By the time the plan expires your daily payments will add up to $2400, and with you principal added to that your return will by $3400, or 100% principal plus 240% profit.

As the other two plans are almost identical to this one. They both run for 150 days but the interest payments go up to 1.9% and 2.1%. respectively. Minimum deposits increase to $5000 and $15,000 so I think if you are going to take things that seriously you speak directly and in person to the owner of MandarinInvest.

Before we move on there are a couple of other quick points I need to make about the investing process. First of all you will need to join, deposit directly into your members area, and only then will you be able to re-direct your deposit into your chosen plan. The list of payment processors is quite good here. Some of the options may not be so popular (that’s for you to decide) but you’ll find something on the list to join with. Accepted e-currencies include AlertPay, LibertyReserve, PerfectMoney, StrictPay, EcuMoney, C-Gold, and Pecunix. Profits are paid to your account on business days and you will need to make a request in order to withdraw. You can of course make a withdrawal request on a non business day, (i.e the weekend), but it wont actually be dealt with by the admin until the following Monday. You are requested to allow up to 3 days for payments to be processed but in reality it’s reasonable to expect this to be handled a whole lot faster. Certainly in this early stage of the program’s life span it is anyway. Please be aware that there are some nominal fees applied to all deposits in order to cover the admins costs. These fees vary and can be anything from 0.5% for PerfectMoney to 2.5% for AlertPay, so take a quick look at the FAQ page when deciding. And finally, Dollars and Euros are both accepted.

The tried and trusted DdosWiz are hosting MandarinInvest on a dedicated Staminus server with protection from DDoS attacks so that side of things is looking well. They are running off their own customized script, but it looks really good. Very professional and also user friendly and easy to navigate. SSL encryption is also in place which is always a welcome sight. Welcome, but all to rare in this industry I’m afraid, so kudos to MandarinInvest for doing a little extra. I shouldn’t really say it like that because in my own opinion it should be the minimum expectation from all investors. They also have a multilingual site with versions in both English and Chinese. Although I can’t confirm that customer support is available in anything other than English, you are always free to ask if you need to. I don’t see why not though, after all they do call themselves “Mandarin” Invest.

And speaking of customer support, you can contact the admin via the usual online e-mail support ticket submission system. Best of all of course is the Live Chat feature, though as is usually the case this is not available 24 hours. You can ask the admin for a schedule (assuming there is one) of when you can find him online and get your questions answered in real time. There is also an e-mail address you can write to directly and a telephone number in Panama. I tried the number myself and can confirm that the line is active. Unfortunately I didn’t get an answer but to be fair to them it may have been just outside regular office hours. But it does work so feel free to get in touch yourselves if you want to speak to a MandarinInvest representative. Anybody who gets through, please get in touch and let me know how it went. There is also a very comprehensive FAQ page.

While MandarinInvest do go to the trouble of providing us with both an actual physical address and a certificate of incorporation in Panama, precious little else is offered in the way of practical information about what exactly they do. The home page states “We are a group of professional investors” and the FAQ page informs us that they “invest the funds in various Chinese economic structures” that really could mean just about anything. So don’t look for guarantees here. If you ever did you are in the wrong business by the way. But take it, until proven otherwise (and I will give them every opportunity to do so), as a lucrative and well organized HYIP game. The final word? No guarantees but lots of promise.

Other news for today.

Let’s start the news with SazaInvestments site (reviewed here). Though all the payouts have been processed by now you might have noticed that the site had some downtime for a few hours during which the members could not access it and were unable to make withdrawal requests. The admin of the program Ricardo (interviewed here) came out with an explanation to me and asked to tell the investors about the downtime. However due to the fast action of their hosting provider BlockDos it seems that the site was back online and few people ever even noticed the downtime at all. But just in case any investors of SazaInvestments were unable to make the cashout requests the admin extended the deadline for this. The cashout button is now disabled at the time of writing and the next time it will be back next Friday when you’ll be able to request your 8%-10% weekly cashout again. Here is the latest newsletter from Ricardo:
“All payments done again. We extended with one hour the time to request your withdrawals because of our site downtimes today. We are sure that everybody who requested right their payments has been paid. The others might need to read the forums, blogs and our help area more to learn how to do it right. We will help them too on our support area. We will have some great news for you next week and we hope you will enjoy it. We will keep you informed as always. Thank you all for your trust in us.Regards, SazaInvestments Team”.
By the way, I have received some encouraging news from Ricardo where he said they now have a their real physical office in Indonesia and are in the process of registering their company in Dubai as well. Ricardo also promised that the readers of MNO would be the first to know when will it take place officially (hopefully within the next few days).

Other popular programs like GeniusFunds for instance already have a contact address and a customer service desk phone support number where you can reach an agent if you have any questions or concerns. Today I have received an e-mail from the admin of GeniusFunds George about a new feature where you can request a callback from a company representative by simply emailing them. I have no doubts that GeniusFunds having been online and paying for over a year now and with a registered company located in Cyprus (read more in my review here) will have even more investors willing to join because of that. You should admit that speaking with a real person over the phone about your questions and concerns takes customer services to a whole other level not previously seen in this industry. This is something more associated with real established companies rather than HYIPs. So by paying 1.0%-1.9% daily or 6%-9% weekly for over a year GeniusFunds proved to be a serious player in the HYIP market and that’s why it currently occupies the #2 spot in my monitoring page. There’s only one program with a higher rating – GoldNuggetInvest. Here is the newsletter from George:
“New from GeniusFunds!
Do you have any questions or concerns that you want to address? Drop us an e-mail at support@geniusfunds.com with your telephone number and the time when it would be convenient for you to speak, and a customer service representative will return your call.
Best Regards, George Schale. Genius Investments Limited. Customer Support Hotline Tel. +357 25 025067 05:00 – 15:00 GMT Monday-Friday
Automated Account Service. Tel. +44 200 222 7598. 24 Hours per day/7 Days a week”.

Another program that was reviewed on my blog recently – 4CountriesCapital (read about it here) – also has phone support and you can also leave a message and request a call back from their support. I remind you that 4CountriesCapital represents 4 traders from different countries who are allegedly making profits from stock market trading which allows them to pay investors 1.5% for 10 days, 2% for 20 days, 2.8% for 30 days, 16% for 6 weeks. You should know that your principal will be returned to you on expiry and also that you can invest via three e-currencies: LibertyReserve, PerfectMoney and StrictPay as well as via Bank Wires for amounts more than $2,500. I guess it’s in their habit to send out some weekly updates with trading results for the business week so today I received this one from the admin of 4CountriesCapital Jana:
“Dear 4 CountriesCapital Members, Today Layla Bront?, who is still responsible for all NYSE Trades, showed us that she is doing a great job. With a profit of 4.21% she finished a successful week a was trader of the day. I still wait for my request, I published ealier this week on the 4CountriesCapital page… we got 1 Phone call (on the 19th) with a call back request from the USA. The number was not understandable. For the last time I ask to send me the phone no. to: (ceo@4countries-capital.com) A nice and quiet weekend to all members. As you know there are no payment on weekends. Regards, Mrs. Jana Dagg, Founder Member and Managing Director”.

Some good news came from the SeamlessProfitable admin today. If you watch the course of how this program is going you might have noticed that the rates for the Stable Daily plan changed by were reduced slightly. Today there was some improvement in this plan and from now on the profits for the Stable Daily plan will be randomly generated as well but they will increase to 1.5%-6.5% daily for the same 30-62 days with the principal returned on expiry. Definitely such an improvement in the rates should attract more new investors to the plan. If you wish to read more about Randomly Generated plan as well as find out the other unique features that really makes SeamlessProfitable one of the most distinctive programs online please refer to my interview with the admin Dave (published here) and read my detailed review of the program (published here). Here is the latest update taken from SeamlessProfitable‘s official blog:
“Dear members, Please notice the change in our Stable Daily plan. From today, it’s daily rates are changed. Minimal is 1.5%, maximal is 6.5%. Average daily percent is 4% respectively.
Best regards, SeamlessProfitable Team”.

Just a few minutes ago I have received another daily update from the admin of ShiftMoney Bernard (interviewed here). In his latest update Bernard offered a new bonus to all investors willing to deposit in any plans (110% after 5 days, 150% after 15 days, 200% after 25 days) via LibertyReserve. So don’t miss your chance – the 5% bonus can be requested till October 30. Also in his update Bernard says that they have received the first deposits via bank wires (accepted only into the 25 day plan for $1,000 and more) and discussed use this option if you prefer not to deal with online processors. Also the contest of posting the screenshots is up and running but there are not so many people willing to post this on forums for their chance to win $20 daily. Well, all I can say is you’re missing your chance, guys! However the most important thing about ShiftMoney is the open discussion on how to promote ShiftMoney during the slow December and Christmas period when many HYIPs can suffer cashflow problems. In my opinion, the admission of such issue is a brave and welcome move on the admin’s part and I believe some proactive measures can help ShiftMoney survive well into the coming year. If you want to read more about ShiftMoney please don’t hesitate to read my detailed review of the program published here. And this is the latest newsletter from Bernard:
“I decided to send the newsletter a little later today and take advantage to remind you about the promotion of the week. It’s coming a new weekend, I hope you enjoy your non-working days but please spend a little bit of your free time to support ShiftMoney Inc. calling your friends, posting in the forums, adding entries in your personal blog, spreading the word. Help the program to keep growing, the more ShiftMoney Inc. grow the more money you can earn. We have in this moment 702 members, I checked that a very good part of registered members have an upline, this means socialization and spreading word of mouth has been the great success of ShiftMoney Inc.
Let’s go to the news, I got many positive messages in my inbox in the last 24 hours, investors liked to read the interview in Money-news-online, I see it was very good to investors clear their doubts about our business. Another very good point is that deposits and new memberships had a nice upgrade. In this moment we are already thinking in the strategy we will have to implement in order to attract attention of investors during December. You could say we still have 30 days to think about it but I had some discussions with a few experienced professionals of Hyip such as Paul from Money-news-online all agree that December possibly will be a month not easy for business.
I am working in ShiftMoney Inc. project since January, and now I’m feeling a month could destroy the work of almost one year. So we are already thinking of strategies to promote ShiftMoney Inc. during December, I know in this period many investors withdraw to offline accounts, on November and December exchangers always have lots of work to do. I’m accepting suggestions, our designer is already preparing some advetising stuff for this period. We want people enjoy Holidays but don’t forget ShiftMoney Inc., if I succeed to win this new challenge I’m very sure we will have nice reasons to be online with you in January 2010, when in my opinion will be the best moment of the “party”. Cooporate with us and send your suggestions to Customer Department. Thank you in advance.
I checked forums today, Moneymakergroup and Talkgold, and noticed people still are not posting payment screenshots. I processed really a lot of withdrawal requests yesterday. Come on everybody, take an action. We will randomly select one of you and pay $20 prize. You can win 20 dollars for free, a screenshot will spend less than 5 minutes of your time. Please read topics below.
Promotion Of The Week: LibertyReserve
LibertyReserve is the most wanted e-currency in the exchange market, I could say this is currently the standard currency of Hyips, really many people are using LibertyReserve today. We always have a nice demand for this e-currency, thousands of dollars in LibertyReserve are exchanged with our customers everyday, it’s a voracious demand. So this week we will be paying 5% bonus to all investors that make deposit using LibertyReserve. Remember you need to request your bonus in the promotion page. This promotion is valid until October 30th.
Bank Wire Deposits
This week we received the first deposits via Bank Wire, but many members still have doubt about how to manage to deposit using banks. I will try to clear you mind shortly, consider Bank wire as just another payment processor. So log in your account, click in the menu ‘Make Deposit’, now choose investment plan, amount to spend and payment method.
Remember the rules of deposits via bank wire, they need to be of 1,000 USD or more and only into Plan C. Check these options and click in the button ‘Spend’. In the next page you will find our bank information to send your wire. After you process bank wire fill the form you see in the page to confirm your deposit. It will be credited manually within 48 hours or sooner, deposits through e-currencies are credited instantly. If this explanation still did not clear your mind please click here and see the tutorial we have prepared for you. You can also learn more in the page Help & Guidelines.
We will come back with another newsletter for you on Monday, but we will be online during the weekend as usual. You can send an email to our Customer Department and your message will be responded as soon as possible. I am online daily in the forum Moneymakergroup, Felix is supporting members of Talkgold and Dreamteammoney.
The best moment of ShiftMoney Inc. is just beginning, do not miss out the opportunity to participate and refer your friends. This could be your last chance to make money in 2009.
ShiftMoney Staff.”

It seems that IncoForex program (reviewed here) is currently experiencing a massive DDoS-attack and their hosting provider Dragonara is doing its best currently to mitigate this. Here is the official update sent to all the members of the program today:
“Currently our site is under massive ddos attack organized by group of criminals. They also send spam emails from our name to block our domain. We are doing all possible to be online as soon as possible. Please be patient. Our DDOS protection provider www.dragonara.net is working on this issue.
Thank you for understanding and choosing IncoForex for your invesmtment needs!
IncoForex Tech Department.”

On a brighter note, IncoForex announced a new trading strategy that will be implemented pretty soon enabling the more efficient and profitable trading process with higher profits for investors. By the way, for more information on IncoForex you can read in my exclusive interview with the admin of the program (published here). And here is the update regarding the new trading system:
“New Trading Systrem!
Dear Investors! We are glad to inform you that we have developed new trading strategy which has been going through testing period for over serveral months now and shows stable positive result. We plan to add this system to our trading platform during next three months after full cycle of testings.
This system differs from previous one (which is currently being used) with higher stability and profitability. Our company also solves important task to maximize daily profits with keeping risk management at previous level with this system. We hope that using this brand new system will allow our investors to gain higher profits.”

The admin of UnixTrust program (reviewed here) today sent out another newsletter marking the 4th day of the program’s existence (lol!). In my opinion, it’s pretty early to celebrate such “achievements” especially considering that the first payouts on expiry for the 130% after 5 days plan have yet to even start being processed. I have also sent some questions for the interview to UnixTrust admin but so far received no reply from him as to when I should expect them back for publishing. Anyway, the daily payouts for the 5% for 30 days plan are being processed on time so far, as for the payouts for the “on expiry” plan I hope we will see the first payments over the weekend. Anyway, here is the most recent update from the admin of UnixTrust Ballack:
“Today marks the 4th day of UnixTrust online activity, I am pleased to inform you the road is going pretty smooth and we are paying our members at cash out request, We are very comfortable with the growth of our programme and we expect that this steady growth continues.
Members we would like you to post payment proofs on forums as this would aid more program of our site, we want to help you earn in a whole steady way. By tomorrow we will process payment for the first set of expiry plans, I am looking forward to paying a lot of you and I shall continue to pay as usual.
Do have a wonderful weekend.
Thanks, Ballack”.

Unfortunately, some programs that were monitored by MNO are going to Problem status today. The first one is WOIC program which definitely has some cashflow problems by now and is paying selectively on small amounts only. When my plan expired yesterday and I tried to request the payout for my principal it was somehow rejected and the principal was returned back to my account. When I protested and told the admin that I wanted my principal back he didn’t reply to me but rather just returned the withdrawal to Pending status again. For over 36 hours I was neither paid nor did I receive a response from the admin of WOIC. I assume that WOIC is in serious trouble now. Circumstantial proof of that came today in the form of a newsletter where WOIC explicitly promised a 20% bonus for all new investors allegedly to celebrate their trading success. The real reason for that is of course to collect more money before vanishing into thin air. So please don’t join or deposit into WOIC under any circumstances, at least until we get something from the admin explaining the reason for the delays in processing the payments!

Unfortunately the second program that I had to move to Problem status on my monitoring page today was AxaCofinance. The program that was lasted for over two and a half months and occupied the #11 spot on my monitoring page. However it seems that the game has finally come to an end. I have one pending request to LR for over 36 hours, I have received no reply from the admin of AxaCofinance so far and (which is more important) somebody else has also complained that he was not paid either. I expect it’s just a matter of time when all the monitors will show “Problem” status for AxaCofinance especially given the fact that the weekend is coming. Fortunately MNO doesn’t take days off and always warns readers first when a program has any difficulties so you can be sure that you’re dealing with the most up-to-date info. Of course, I might be wrong and AxaCofinance will pay to everybody soon but it’s always be better safe than sorry and prevent my readers from losing money in a possible scam.

Apart from those ones the others paid me today and as you might guess that’s the vast majority of them. Here is the full list of programs that paid me for the last 24 hours: SazaInvestments, UnixTrade, GoldNuggetInvest, Verifield, OneDailyPro, CSMFinance, BlitzInvestments, NanoMoneyCorp, MoneyCare, WLInvestments, GeniusFunds, AmericanInvestmentFund, ShiftMoney, 4CountriesCapital, SeamlessProfitable, Capitalex, KobelCapital, SavInvest, XomFund, AimTrust, PremiumCapital, PanaMoney, GlobalFund, XagaEnterprise, GainRoi, CorpoNano, PTVPartner and MandarinInvest (the first payment received). That’s it for today! I wish you a very pleasant weekend ahead and look forward to seeing you all on my blog again tomorrow!