06/06/2010. FairHYIP Review and Other News

Hi everyone! Hope your weekend has been going well so far. And this being the anniversary of the D-Day landings I couldn’t come up with a better way so spend a lazy Sunday afternoon than watching the best day of the year for old Hollywood war movies on TV. So far I’ve seen Richard Burton, Lee Marvin, and Sean Connery all storm the beaches of Normandy. Good thing it’s been a slow day for news, lol!

But seriously though before we get to what news there is I want to talk about a long running HYI program that was only recently added to my monitoring list. It’s called FairHYIP and despite running successfully since last October they seem to have gone well and truly under most people’s radars, including my own. The reason most of you won’t have heard of it is that it’s a private program (always has been right from the very beginning) that doesn’t deal with traditional monitors, and you need an invitation from an existing member in order to join. That’s exactly what happened to me when Eugene Movenko, the man who runs the program, contacted me in relation to joining last week. Eugene has also joined the MNO forum and has posted in the FairHYIP thread there that he will be happy to take any questions from you there.

So what’s it all about? Well, there’s only one plan on offer and it’s long term. It runs for 180 calendar days, but if in the current climate you feel uneasy about handing your money over for such a long period then there is no need to worry. FairHYIP have an early withdrawal feature that allows you to take back your principal and leave the program anytime after a lock-in period of 30 days. The minimum investment is quite high by industry standards at $100, but oddly enough the maximum investment is quite low. Just $2000.

Interest rates are variable. They are based on the program’s performance and can fluctuate enormously from day to day. The least you can expect to see from FairHYIP is 0.3% per day, but that can also climb as high as 3% per day. That’s too much of a difference to make any practical examples with here so if you prefer, go to the FairHYIP website and check out their news section. It’s updated daily and there you can see how much they pay out on any given day. This should allow you to get a better picture of the program’s profitability and what “typical” profits over the last days, weeks, and months have been.

You should be aware that while profits are earned every day, they will not be paid that way. You can get either weekly payments made from Monday to Wednesday of every week, or monthly payments made during the first five days each month. Please also note that after you join it takes a couple of days for your account to be activated. And assuming that you haven’t chosen the early withdrawal option your principal will be returned at the end of the 180 day term.

There’s a very impressive list of payment processors available from FairHYIP, and a lot that many US based players won’t be readily familiar with. Starting with the regular HYIP options they accept AlertPay, LibertyReserve, PerfectMoney, and StrictPay. They also accept LiqPay and WebMoney, which is a company that I am familiar with. They’re sort of like a Russian version of PayPal (the admin’s Ukrainian) and I can tell you they have a very low tolerance for internet scams, so that adds a little credibility to the program. They also accept bank wires which the admin is keen to point out go directly into his own bank and not some shady off-shore account which again while guaranteeing nothing does add to his credibility. I can also tell you that I have first hand experience with the bank in question from when I spent some time in Ukraine and can vouch for the fact that they are a totally legit and popular high street bank and a household name. Some of my friends there (just regular working folks) have accounts with them and have their salaries paid there. Of course the fact that he’s been paying for the last 250 days won’t hurt either.

The security of the FairHYIP website is quite good too. They are hosted on a dedicated server by a Dutch based company called Netrouting. Not a name you see in the HYIP industry every day so you may not have heard of them but they have been in business (“real” business that is!) for quite a number of years, so I’m sure they’re safe enough. The script is customized and the website is protected with SSL encryption from Thawte. You may contact the admin by submitting a support ticket on the form provided. The website is also Bi-lingual and is available in Russian as well as English.

The main difference between this and the rest of the standard industry programs is that joining up is a relatively complicated process. You can’t just surf on to the FairHYIP website by accident and sign up on a whim. You need to be asked first. But of course you can still visit the website anyway and browse around. If you like what you see, then all you have to do is to contact me at abramsonp@gmail.com and as an existing member I will then send you the invitation from my own member’s area. I will not be sending this out in any sort of mass e-mail by the way as that would just be spam. But if you want it then please ask for it.

As regards the business activities of FairHYIP, the admin says it is arbitrage betting, i.e. betting on sports events where either outcome brings a profit. Now obviously I can’t say that this is the truth but after 250 days it’s hard to argue that there isn’t some form of outside income for the program. It’s entirely possible that there is, except that because I can’t prove it I choose to ignore it. Just like every other online HYIP. What you choose to believe is your business but I’ll just remind you that the admin’s claims that there is no risk involved here are not to be taken seriously. Whenever you hand money over to someone that you don’t know personally and you don’t know where he lives then my friend you are taking a risk! Be aware of it but don’t be afraid of it. Just use it as a small part of a wider more diverse portfolio where any losses you suffer in any online HYIP will get soaked up by the winnings in the others.

I would just like to close the review section of today’s update by reminding you that I am not issuing mass invitations to join FairHYIP, and also that because I have the ability to give invitations does not make me a partner there. I’m not. You need to visit the website for yourself, check out the terms and conditions, and if you like it then contact me. Just remember that you’re asking for it freely and if anyone offers you a guarantee, then it’s not being offered by me. Play and enjoy!

OTHER NEWS FOR TODAY.

I’m proud to report that for the first time in its history MNO has entered the 15,000 most popular websites in the world according to Alexa. It just means that I’m moving in the right direction and even despite not a being a very good time for HYIPs now I’m sure by autumn the industry will eventually recover and we will see once again more quality programs that will profit many members. Due to this popularity (I have already 1,900 subscribers to my daily news as well) I also have too many haters who try to DDoS my site, destroy my reputation with rumors and second hand stories and try to provoke me into reacting to their abusive comments. Please be aware that I know a thing or two about clever marketing and the more buzz about my site (positive or negative, it doesn’t matter) the more readers and admirers it will eventually have. So I would like to sincerely thank all my supporters and haters alike because without you I couldn’t achieve such an important personal milestone. Again, I have absolutely nothing to hide from my readers and if you have any questions please submit them at abramsonp@gmail.com I will be glad to answer all reasonable questions, time permitting.

There’s a really weird situation today with the admin of LoyalIncome. The program has been moved to Problem status straight away today after I failed to withdraw my payout on expiry today while the withdrawals used to be instant before. So I imagined that LoyalIncome became another fast scam whose admin refused to pay even before the first payouts expire. I am pretty strict in my position to prevent any future losses from my readers and so I didn’t hesitate to move the program straight away after suspecting a scam. Then I was quite surprised to receive an email message from the admin begging me to move his program back to Paying stats on MNO and blaming the script for the problem and promising to process the pendings as soon as possible. It happened 8 hours ago. Well, I’m still waiting for my payment. And surely I didn’t believe to his promises because trusting HYIP admins is not what I’m used to doing. Why are you promising to do something? Just do it, as the famous Nike ad says. I’m not a fool and I know this business so my message to all the admins of HYIPs would be – don’t try to fool me as you’re either paying or not. Promises are not enough for me. So I was right as usual and unfortunately LoyalIncome had to be moved to Problem status on MNO today and will be moved to Not Paying tomorrow. And yes, it appeared to be another fast scam. So please do not invest in that program anymore!

It seems that not many people are happy with the success of InvestiHeaven (reviewed here) which is paying 144% after 12 days and 10% for 12 days. According to the admin’s last update InvestiHeaven is close to reaching 1,0000 members in just 8 days online. But the constant DDoS-attacks which make the site frequently unavailable for some time doesn’t make me believe that choosing HushHosting as their hosting provider was such a good choice after all. Really, we have much more popular programs online, and which are always online despite their popularity. Anyway, the admin of InvestiHeaven Dan (interviewed here) processes the payments quite fast daily and I don’t have any reason to complain at the program’s performance which has been flawless so far. To support InvestiHeaven you can always submit your payment proofs on the official thread of the program on MNO Forum located here. This is today’s newsletter from InvestiHeaven for your attention:
“Dear members,
I am happy to inform you that HushHosting successfully migrated a heavy DDOS attack on InvestiHeaven in a matter of minutes. It looks like many admins see InvestiHeaven as a threat to their business and are jealous with the huge potential the program has. I would like to thank HushHosting for an extremely fast DDOS migration. I am very satisfied with the speedy support and service they provide me with.
Oh and by the way, it looks like we are going to reach 1000 members soon! And we have just surpassed $85k in deposits as well! It is great to see members promoting InvestiHeaven and voting on the monitors and I am very happy with the very high level of support, especially because the first cycle hasn’t even completed yet. Just imagine how enormous the members’ support is going to be in the future. WooHoo!!!
Regards, DanB”.

The admin of DynFxTrade which was reviewed on MNO in February 2010 (so it has a good payment record up until now) sent out a rare newsletter containing some stats from the programs. In my opinion having a little over 520 users after almost four months online is not so attractive but at least they’re genuine stats and not artificially inflated like some admins give. I remind you that DynFxTrade offers a more than conservative return (1% daily, 6% weekly, 25% monthly with no expiry) but accepts all the popular payment processors. More about the program can be read in my review published here and in my interview with the admin published here. So here is the last newsletter from the program written in very poor English:
“Hi all DynFxTrade members,
First of all congratulation to all members and request to all free members to upgrade their membership and become a fellow and enjoy earning. We are growing steadily.
You can read some review about our project from some very well known review site.
On home page listed all Forex holidays for 2010.
Project statistics
Total Users 523
Free Users 369
Upgraded Users 154
You have received this mail due to member of DynFxTrade.
Thank you. CEO DynFxTrade”.

In the latest newsletter from VezGroup (reviewed here) they neglected to mention that their STP account was under investigation as it’s suspected that a fake ID was used to verify it. Therefore, I advise anyone wanting to deposit via SolidTrustPay to the only plan offered by VezGroup (2.4% daily forever) to wait for the results of the investigation. I hope to receive some further information about that from the admin of SolidTrustPay Stella (interviewed here) a little bit later and of course will immediately publish it on my blog. For now though it’s safe to deposit in VezGroup via all the other payment processors including AlertPay, LibertyReserve, PerfectMoney, GlobalDigitalPay and the currently problematic StrictPay. So actually I gave you some insider information today regarding VezGroup which the admin wouldn’t like me to disclose to you, guys. However, I think that MNO readers deserve to know everything when they consider investing into a particular program. Keep in mind however that as this point it’s still just an investigation from STP and may not go any further. It’s your choice but if you prefer to wait then I will keep you informed right here on MNO Here is the latest update from VezGroup:
“Dear Client,
I have quick news to keep you up to date on your partnership with VezGroup but first I would like to welcome all new members, VezGroup is a solid investment opportunity developed on a plan where you earn 2.4% Daily of all your investment forever while your principal can be returned after a period of 12 weeks. Our business is in Agricultural and our success depends on You.
Today marks our Fifth day online and we are pleased to announce to you that until now our project is doing great and turning out to be the next big name, we are going to take over in a steady way, paying a sustainable 2.4% Daily returns, Payments have always been processed on time, our support are always online to take your questions. The week is fresh we advice that you stay tuned to new updates, there are a lot of opportunities for everyone, we want you to support us on forums and monitors by posting payment proofs and casting genuine votes.
With VezGroup your principal investment is safe and the rate of return is guaranteed for the term of the investment, so you don’t need to worry about how anything, we are confidence in our program and we say “You will succeed. Guaranteed”
Yours Sincerely, Ryan. VezGroup”.

The short-term program RichWorld is doing ok according to its admin Gabriel who reminded us that payouts to those who deposited the into 150% after 10 days plan should be paid shortly as the program entered their tenth day online. Other plans on offer in RichWorld include: 108% after 3 days, 120% after 5 days, and 200% after 15 days. You can make a deposit into RichWorld via four payment processors: AlertPay, LibertyReserve, PerfectMoney and StrictPay. The payouts have been fast so far and never took more than 24 hours for me to receive. Let’s hope that RichWorld (reviewed here) will be long-running and to support the program you’re advised to post your votes on the program’s thread on MNO forum here. Some more updates can be read below in this newsletter:
“Hello friends RichWorld I want to say hello and tell you that today we complete 10 days online and we’re paying all deposits that expires today corresponding to the Richest plan. At the time of writing this letter We are now 537 users and growing, I want to thank everyone for the great support they have given us redepositing the principal, this has meant that every day we are more solid and stable to continue here for long.
Remember that contest we are constantly different in RichWorld, so please keep visiting often.
I ask you to please continue to support us as have been doing putting the payment proofs in the forums, voting on the monitors and reinvest your principal, this will be for the benefit of all.
Best Regards, Gabriel Santos.”

More new programs have been added to MNO monitoring tonight. The first one is a long-term brand new program ReProFinance. In my opinion the program has a lot of potential to become one of the most popular programs in the near future offering a couple of sustainable plans. Unfortunately ReProFinance only accepts LibertyReserve and PerfectMoney (but also includes BankWires option) so it will be of interest to a limited number of investors. The investment plans are: 0.8%-1.5% for 90 business days and 0.9%-1.9% for 180 business days. You can set a compounding rate from 0% to 100% so you can earn a little extra on your deposit. If you wish to cancel your investment before the expiry date then it’s possible for a 30% penalty. The website of ReProFinance looks really great and definitely made by professionals with a totally customized and original script and DDoS-protection an a Dragonara hosted and SSL-secured dedicated server. So the security of the site is exceptional but don’t let the news confuse you. It says that ReProFinance launched back in December 2009. I saw many programs doing this but unless I see their threads on major forums starting on that day I won’t believe that the program is any older. So just treat ReProFinance as a brand new and very promising program that is going to be reviewed on MNO soon.

Another program added tonight is ExcellentChoice which by the way also started today. This is yet another short-term HYIP offering a single plan of 126% after 9 days. ExcellentChoice accepts the following payment processors: LibertyReserve, PerfectMoney, GlobalDigitalPay and AlertPay. The program is hosted on a dedicated Staminus server with DdoSWiz protection and is using the latest script by Neversay where you should first fund your e-wallet an then make your investment using the money you put there. The minimum investment is $5 and the maximum is capped at $2,000. More about the program with the winking George Washington dollar banknote will be on my blog soon. But we can really only judge if your investment in ExcellentChoice was really an excellent choice after nine days when the first payouts on expiry are processed.

And finally the third program that’s just been added to my listing a few minutes ago is PrimeMoney. The program also offers only one plan with 126%-135% payment paid after 10 calendar days (the interest rate will depend on the amount deposited). As PrimeMoney appeared online 11 days ago the first payments on expiry should have been processed already. PrimeMoney doesn’t have a script so you don’t have to register in order to make a deposit. Simply click on the InvestNow tab and choose how much to spend, payment method (LibertyReserve, PerfectMoney, StrictPay and AlerPay processors accepted), and enter your name and email address where you want to get your confirmation email after your deposit is made. By the way, when making a deposit into PrimeMoney you will be given an exact date when you should receive payment to your processor account. PrimeMoney has quite a nice and well-designed site and is hosted by BlockDos on a dedicated server with top-notch protection which in itself deserves a cheerful round of applause from investors. Anyway, since PrimeMoney has been online for several days already please assess the possible risks when deciding if it’s worth making a deposit but in my opinion ten days is quite a reasonable term to wait. More about the program can be read in the upcoming review that will be published on my blog next week. So stay tuned for that, guys!

For your information here is the list of the program taken from my monitoring page that paid me today:
GoldWayMoney, BookmakerOffice, VezGroup, BukInvest, TopEarnClub, FxCrudeOil, EzProfit, GoldenInvestment, YesInvestment, StaunchFinances, InvestiHeaven, ForexNetClub, KaizenPortfolio, TrumpForexClub, OilInvestment and RichWorld. I’m still waiting for my pending payout from InvestAward though submitted two days ago and if it’s not paid tomorrow InvestAward will be moved to Problem status on MNO monitoring. Please be careful with that program for now!

That’s all the news for today. I hope to see you on my blog tomorrow with more news and updates from the industry. Stay tuned and be sure to check out MNO blog and forum more often!