05/01/2010. RichAliens Revised Review and Other News

THE PROGRAM HAS STOPPED PAYING! PLEASE DON’T INVEST!

Hi everyone! One of the most colorful programs from recent months was undoubtedly RichAliens and its admin, Robert, was probably the most colorful as well. Not always the most popular admin it must be said and a bit controversial at times due to the fact that a number of people lost money there. The program was put on hiatus for a couple of weeks, but true to his word Robert has returned with a totally rejuvenated version of the program and is attempting to compensate the members not in profit. You can read the last review of RichAliens published here and the interview with the admin published here.

The reasons behind the closure just before Christmas were numerous, though personally I’d say a lot of it was down to bad timing rather than bad intentions. The fact that Robert still managed to keep RichAliens running for a month was quite a good achievement when you consider that it just so happened to be the worst month of the year. I guess they don’t call it “Black December” for nothing then! And I think that the fact that a serious attempt is currently underway to pay back the money owed to those not in profit from the previous version of the program is commendable. How many admins would have simply disappeared with the money only to reemerge weeks or months later under another name ready to scam you all over again? Thousands!

The decision to forgive and forget is yours of course, but as a monitor I prefer that personal issues not cloud my judgment of the programs performance. And on that basis, plus Robert’s attempt at a refund, I think RichAliens is worth taking another look at. Just remember what I present to you here is for your own information. Your decision to join or not is a matter of personal choice. Anyway, at this point it remains unclear at exactly how much of a refund you can expect if you were not already in profit. If you were one of those members then you will need to register with the program again, however if you are owed something it will not be necessary to deposit. Only to join. Information on how much you are owed is already known to the admin but everyone should be aware that a 100% refund, which should obviously be the goal, is not guaranteed. The exact percentage has not been settled on. In my own opinion a full refund is the least you should expect but in the real world the admin can’t give you what he doesn’t have. Apparently this will be based on the admin’s efforts to raise money from other investments he intends to make with new money coming into the relaunched RichAliens. Most likely this will be other online HYIP investments, commonly known as “piggybacking”, though you’d really have to ask him about that yourself.

So, now that we have that out of the way let’s see what’s new in RichAliens. The site itself is identical with the same quirky graphics and the same quirky language. What is completely unrecognizable however are the plans. The site has now been reinvented as a medium term low to mid rate of interest program. There is just the one single plan so the choice is quite a simple one – take it or leave it! If you decide to take it then you can join for a minimum deposit of $5. In an effort to protect the program from hit ‘n’ runners (that were so detrimental the last time) Robert has decided to cap the maximum deposit at $1,000, though this could well change over the coming weeks as RichAliens begins to grow.

Once you have deposited the investment term will run for 30 calendar days. During that time you will be paid 4% interest on your deposit per day. At the end of the 30 days your principal will not be returned. So your total payment by the end of the plan will be 120% of your initial investment. In other words spend $100 and get back $4 per day every day until you have $120.

It’s simple, it’s realistic, it’s achievable, it’s sustainable, and it’s profitable. 20% in a month mightn’t be everybody’s idea of a high profit in this business but 20% is not to be taken lightly. And with the right support it can be kept running for quite some time.

That’s just about all that has really changed I think. That and the payment options. No surprise really when you think about the headaches the admin had with AlertPay last time around. This time your choice is a bit more limited but acceptable for an online HYIP of this standard nonetheless. LibertyReserve, PerfectMoney, and StrictPay are your choices.

The script remains the same, licensed from Neversay which lends a slight surf-like style to it all and of course means you can only invest in block amounts of a certain value. Like buying shares. In the case of RichAliens however that amount is only $1, so once you have the minimum of $5 deposited then you can increase it in multiples of one after that. The hosting also remains unchanged with HushHosting keeping them on the same dedicated server with protection from DDoS attacks so expect the same high standard as provided before before. If you need to contact Robert about anything you can do so through the online support ticket system on the RichAliens contact page. He’s always been very responsive in the past so I don’t imagine that will change and he’s also quite active on the RichAliens discussion thread over on the MMG forum.

So does Robert and RichAliens deserve a second chance? I’d have to say yes, but a qualified yes. Provided he makes a proper effort at refunding those who lost their principal the last time. But he doesn’t really “have” to do any of this. Most likely he feels there is some unfinished business with RichAliens and it didn’t live up to its full potential. Remember that this is a game and is being presented to you as a game. No claims are being made the stock exchange, ForEx trading, or the latest favorite fairy tale for admins “arbitrage betting”. If you go to a casino and lose money then you have no one to complain to but yourself. The same rule applies here. Likewise if you win money it’s all yours to keep.

There is always going to be winners and losers but to be fair I think the admin will run a fair game, treat everybody equally, and at least try to help as many as possible to make a few extra bucks from the program. What more can you ask of him? It’s perfectly understandable if you prefer not to participate this time. If you like a gamble however and do want to play, don’t get greedy but remember that it never hurts to join early.

Other news for today.

Let’s start today’s news of the long-anticipated new feature from FxStar (reviewed here). As you might remember the admin promised to create a unique “FxStar keeper” that will help investors keep track of their deposits, withdrawals, seeing transaction history, etc. So the first beta version has arrived as promised so you can feel free to install it. It requires AdobeAir which I don’t have on my own computer (and which I’m not sure I want either). But if someone tries to install this software and open the FxStar keeper please get in touch with me and tell me how it all works for you. Here is the latest update from them regarding the introduction of FxStar keeper to its members:
“Dear investors! Today we’ve launched our unique FxStar keeper 1.0. So far you can use only beta version. Each day we will be adding new features, and soon you’ll be able to: deposit, invest, withdraw and transfer money, send messages, see your transaction history etc. If you have bought the SMS-notification, you will receive an SMS after each transaction, which you have set in “Security” section.”

I remind you that FxStar is a low-ROI and a very promising new program that pays 1% for 30 days and 1.3-2.3% for 100 days (the daily interest is fixed and depends only on the amount you deposit). The payouts are instantly paid to your LibertyReserve or PerfectMoney accounts (more e-currencies should be added soon). FxStar also hold some contests for its members and promoters and here is the latest one:
“Dear Partners! We announce a new Contest, which will be held every month. Partner who makes the biggest investment up to the end of the month will receive from us 5% of the total investment.”

The AlertPay account of a new sports arbitrage program StanbicArbitrage which is paying 10% weekly and is yet to be reviewed on MNO has been suspended. The admin has already asked the members to ask AlertPay to issue refunds. Well, the problem is the same in many other programs – AlertPay simply asked for proof that the owner of this account is really the person to whom it’s actually verified. Such a procedure can be easily carried out for sure, unless… you’re not the person on whom your AP account is verified. It’s possibly what happened to the admin’s account in AlertPay otherwise why would he refuse to verify his account again? The answer is simple – the AlertPay account used in StanbicArbitrage has been most probably bought on the black market. That’s easily done but AlertPay obviously knows about that and take some measures to prevent fraud. Anyway, I would suggest to that program admins to think twice before buying a verified account to avoid future problems with AlertPay and not to complicate their members investments. Here is the update from StanbicArbitrage I have received today:
“Dear Members, We are writing to inform all our members who deposited into our AlertPay account to seek charge back, because we discovered that our account that was initially verified has been put on pending verification status which we are working on at the moment.
We sincerely apologize for any inconveniences this must have cost you.
Thanks for your understanding.
Yours sincerely, Adams Thompson”.

RosalinFinance (reviewed here) which is becoming possibly one of the longest running short-term programs sent out a short update to its members. The admin of RosalinFinance (interviewed here) mentioned about the processed payments and reminded members that the mass payouts are only processed once per day:
“Hello, All withdrawals have been sent.
Thank you for doing business with us.
Please remember that we send withdrawals one time a day with mass payment.
Regards. RosalinFinance”.

Unfortunately despite the fact that the withdrawal button miraculously worked in StableInterest today I still can’t move it back to Paying status. It’s simply because of the fact that nobody got their payments yet. It’s funny how people feel relieved when they are actually able to withdraw. Why? Surely the most important thing is when the actual funds reach the members’ payment processor accounts. So far there has been nothing and that means I have to keep StableInterest on Waiting status on my blog. Hope it’s just a temporary thing but we will wait and see!

DreamFunds has turned into an ugly scam. Why ugly? Because while trying to access the website today I was alarmed to get a warning from my antivirus. Please do NOT even attempt to visit this website. Otherwise some bad things might happen with your computer. Apparently the admin didn’t get as much money as he expected from the members and now he’s playing really dirty by installing some viruses on unsuspecting investors. I repeat again: just forget about DreamFunds and not even try to access it. You’ll be sorry later!

I have been paid today from the following programs:
GoldNuggetInvest, GeniusFunds, ArbsFund, KobelCapital, CedexInvest, ZenithInvestment, Caziroca, HugMoney, NanoMoneyCorp, InvestmentForge, GlobalFund, RichAliens, TheKapital, InvestJoy, PanaMoney, MoneyPlus, WeeklyDividend, Vegamex, RefMotor, InstantMoneyBets, MandarinInvest, Flanita, FxStar, CSMFinance, AtoxFinance, AsiaInv, FinanceNova, OneDailyPro, Investorum, RosalinFinance, SantiVentures, AimTrust, StarkFund, Eternidex (the first payment received) and StanbicArbitrage (the first payment received).

That’s it for today and see you on my blog tomorrow with another review and the most up-to-date news from the Industry!