Jun 21st, 2010 Archives

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

Hi guys! Hope you’ve all been enjoying the longest day of the summer! Or the shortest day of the winter depending on where you are. Before the day’s news there’s one recent addition to my monitoring page that I’d like to take a closer look at. It was added only yesterday, so yes, if there’s ever going to be a chance to profit from it then it’s going to be now. It’s called MoneyVIPClub and it’s a short term HYIP that pays on expiry.

MoneyVIPClub has three investment plans in total to choose from and all are fairly standard industry models with nothing complicated and nothing difficult to understand. The first of them, called simply Plan One, (the admin’s not one to mince his words I guess!) runs for a term of 5 days. You can deposit from as little as $5 though the maximum investment is $5000. The return being offered is 120% which includes your principal and is paid on expiry.

The next plan, Plan Two, is altogether more ambitious. This time MoneyVIPClub is offering you a return of 150% interest (including your principal) paid on expiry after a term of 10 days. The minimum investment goes up to $50 and the maximum stretches to $20,000.

For Plan Three MoneyVIPClub requires a $100 minimum to join. This time the investment term runs for 20 days and on expiry you are offered a payment of 220%, principal included. The maximum amount to spend is $50,000.

If any of those plans catches your eye and you want to try your luck then the list of payment processors is pretty good. Better than average in fact, and better than most new programs starting up. As well as the usual HYIP admin favorites of LibertyReserve and PerfectMoney there is also a couple of verified options for you with both AlertPay and SolidTrustPay. All that’s missing from the list is Strictpay but considering the problems they have at the moment their absence is hardly worth mentioning. Payments are made manually so your’s going to have to request them. The admin asks that you allow up to 24 hours for everything to be completed.

As for the security and design of the website, MoneyVIPClub is pretty well laid out and easy to navigate with very little that isn’t totally straight forward and easy to understand. The hosting provider is DdoSWiz and they are keeping the MoneyVIPClub website on a dedicated server. The program is running off a script licensed from GoldCoders and the members accounts have an extra layer of protection with SSL encryption by Comodo. Contact with the admin should you have any comments or questions can be made through the online e-mail support ticketing form you’ll find on the support page.

Please be aware that due to the fact that MoneyVIPClub is a short-term and therefore high risk program invest only what you can afford to lose. There’s not a great deal of information regarding any sort of business plan (beyond the regular HYIP claims of being vaguely connected with “stock trading”) and if there was I’d suggest you ignore it anyway. So if you’ve been following the HYIP industry over recent weeks and months you probably can’t help but be aware by now of the problems facing investors at the moment. This in turn pertains to all HYIPs and not just MoneyVIPClub so I suggest you consider your next move very carefully. There’s still money to be made in this business, but it’s just gotten harder to find. So until things pick up again (and I have no doubt that they will) try keeping your investments to a more manageable level and try to play HYIPs for fun rather than profit, the same way you might spend a couple of bucks on a lottery ticket but you wouldn’t (I hope!) spend thousands.

OTHER NEWS FOR TODAY.

Another ugly scam and one of the worst programs listed on MNO became AirlineFinance. Yes, the captain left the the plane with the only parachute together with his airline bonds and stocks and not forgetting to replace the proper monitoring buttons with static screenshot ones. Thanks a lot to one sharp eyed reader who told reported that on my forum today allowing me to act immediately and put AirlineFinance to Problem status straight away. I wonder how low a person can get by telling all those lies in my interview with him just to scam everybody a few hours later. Well, I really hope that after yesterday’s article everybody will be aware that it’s dangerous to deposit in short-term programs now and that some of the admins actually don’t care about anything other than stealing your money and running away like a total coward without so much as a word. Well, I hope most investors were smart enough to deposit via AlertPay and if you did so please do not hesitate to file a dispute for a chance of a refund and not let this scammer get a single penny from them. I’m simply sick and tired of such personalities as they are simply destroying this industry. How? They are preventing more honest admins from running good programs for longer periods of time by creating the hordes of hit-n-runners and making things even worse.

I’m really surprised how such admins like Peter, the admin of MoneyTree (interviewed here) are able to run programs for several cycles while some scammers run off without finishing even one. Paying 109% after 3 days, 132% after 8 days, 180% after 16 days MoneyTree managed to survive for nearly two weeks despite an unfavorable atmosphere for such short-term programs and is still paying well. Soon we will be able to see the payouts for the first lucky ones who deposited into the 16 day plan and I guess that’s really going to happen considering that the financial stats of MoneyTree seem to be healthy enough as the admin extended his three banner spots on MNO today for another week (compare it with AirlineFinance which never bothered to extend his which only proved the theory I described in yesterday’s article). Moreover, MoneyTree improves and becomes more convenient for the investors day by day and the admin doesn’t brag about this on a daily basis preferring rather to send occasional but more meaningful updates. In today’s newsletter the admin announced the interview which was published on MNO earlier, the important addition of the live support feature where you’ll be able to receive an answer to your questions 16 hours per day and last, but not the least, MNO Forum is now the official forum for MoneyTree and I hope that the admin will meet my high expectations by lasting for a long time. Here is the latest newsletter from MoneyTree (reviewed here):
We would like to inform you of a few updates to our MoneyTree project.
Since the launch of our program we have only provided customer support through the support ticket, however, due to numerous requests and the growth of our membership we’ve decided to add 2 additional support features.
The first one is live chat support. We have enabled live chat support to provide prompt response to our members. We have 2 customer service staff, who will be available about 16 hours a day (8 hours for each). Our friendly, knowledgeable customer service representatives will be standing by to explain our services and to assist you with any inquiries you have about our program.
The other one is our new official MoneyTree discussion forum, which will be available at the Money-News-Online website, which currently is MoneyTree‘s biggest supporter, available here:
http://money-news-online.com/forum/viewtopic.php?f=9&t=211
Feel free to use this newly established forum for discussion, or, if you have any ideas or suggestions, please post them there.
The interview of our MoneyTree project has been published on MNO.
We’d like to thank Paul for the opportunity given to answer his interview questions.
Feel free to read this interview on the Money-News-Online website. Here is a link to that interview:
http://money-news-online.com/blog/2010/06/19/19062010-interview-with-the-admin-of-moneytree/
We wish to apologize to our members for the problem accessing our site few days ago, when the website was under attack by competitors who seem worried about the seriousness of our project.
Additional precautionary measures have since then been undertaken by implementing new security features and upgrading our protection level. Kindly be assured that such vicious attacks didn’t harm us at all – but will only make us stronger and better prepared for the long run.
As promised, we will continue upgrading and improving our program with the purpose of providing a high level of service to our members.
Thank you sincerely for your support of the MoneyTree project!
Yours sincerely, Peter Russell
MoneyTree Manager
”.

MoneyTree is currently vying for the #5 spot on my monitoring page with another well-known program VezGroup (reviewed here) which pays 2.4% daily forever with the possibility to withdraw your principal after 8 weeks. The admin of the program Ryan (interviewed here) in his latest newsletter to the members mentioned that despite some tough times the industry is undergoing now VezGroup is doing well and the payouts are processed daily. He promised that he would do everything in his power to stay online for as long as possible. Let’s hope he’s telling the truth in the following newsletter I’m re-posting below:
Dear Client;
Regards from the management of VezGroup Incorporated – “YOUR NO 1 INVESTMENT SOLUTIONS”, this is just a brief on the affairs of VezGroup.
Vez is growing to becoming the most rated HYIP, the season is tough but we are keeping the focus alive and our business has been going smoothly, Our membership base continue to increase by the minutes and we are proud of the quality support of our members, we appreciate everyone whom has given us a chance to proof our professionalism in the industry. “Our Plan is sustainable – Our Business is needed for human upkeep – Our aim is genuine hence we do not have plans to promise and fail, though we cannot promise you that VezGroup would be online forever but we can comfortable say we are going to be online for at least a year plus, it’s still new, strong and stable, investors, you have nothing to worry about”.
Payments are been processed daily and our support is online to take your questions, Enjoy your membership with VezGroup.
Thanks, Ryan. VezGroup.

The admin of Xcelsus (reviewed here) strangely canceled my withdrawal request today with no explanation on his part so I had to submit a support ticket to him asking for one. So at this moment I will be waiting on how the situation is resolved before taking any measures on his program. Hopefully he will reply to me before his trip to Mexico about which he published on Xcelsus site today:
Hello welcome to all new members and investors. Everything ok. Payments continue as planned. Will be off this week. Going to Expo Pack in Mexico City. Anyone wants to meet there drop a mail. Thank you”.

I must admit that despite the ongoing World Cup I’m still waiting for a new cable TV package to be installed so missing a lot of matches. Tomorrow it should be fixed though and I’m going to thoroughly enjoy the upcoming games on a big TV screen. However, it looks like many investors of DynFxTrade (reviewed here) are enjoying the prediction game that is held daily and where you can win $1 in cash simply by predicting the result of the day’s game. The admin of DynFxTrade (interviewed here) sent out a rules reminder today and also mentioned that only active members of the program (those who made a deposit into 1% daily, 6% weekly or 25% monthly plans) are eligible to win the prize money. Here is the latest newsletter and contest from DynFxTrade:
Contest Result
Brazil vs Côte d’Ivoire
Brazil won the match
Got some entry and got 3 correct reply because we don\’t ask for goal scored only result.
Your DynFxTrade username : planeswalker
Your prediction : brazil win!
Username: gerry2345
Final Score Brazil 3 vs Côte d’Ivoire 0
Brazil 2 vs Côte d’Ivoire 0
user :jkpoli
But user jkpoli is free so not eligible for winning 1$
We added 1$ each both planeswalker’s and gerry2345’s a/c balance
Hi Paul Your daily contest is here! and all pay out request has been completed
*********************
Daily Fun Contest!
*********************
Today’s Match Of the Day ( 22 June )
Nigeria vs Korea Republic
Predict the final score of the match.
Send your entry via e-mail (using the e-mail you join DynFxTrade with) to
contest@dynfxtrade.com with the following information:-
Your DynFxTrade username :
Your prediction : for example Nigeria will win
Only submission received before the match begins will be eligible.
Prizes : 3 winners X $1 each.
We will award $1 each to the 3 correct entries. IF there is less than 3, we will award those correct entry(entries) only. IF more than 3, we will randomly select only 3 winners. Our decision is final.
We will post winners in the news section of DynFxTrade website.
Start sending your entry now!! Remember, only upgraded members are eligible to enter and if you are still a free member, you can take advantage of upgrading now and receive a 10% bonus on your first upgrade!
Have fun! DynFxTrade Team
”.

You have probably noticed that recently BukInvest (reviewed here) became one of the most popular short-term programs and even reached #4 on MNO monitoring. It’s no wonder as paying 105%-107% after 1 day, 113%-117% after 2 days and 56%-58% for 2 days (on deposits from $10 to $1,000) for 23 days BukInvest already managed to reach a decent level of popularity among investors. However I noticed a warning sign about the program as well because more and more new plans with ridiculously high returns have been added obviously to sustain the high returns for 1- and 2- daily plans. So if you do not want to get scammed please ONLY invest in 1- and 2- day plans mentioned above and do NOT invest into the newly added 2000% after 1-25 days as such 20x returns are simply hilarious and nobody will get paid from them. I believe BukInvest will last for a week maximum so hurry up to make profits but be reasonable and be smart when doing this. As you see the 468 banner of the program has been displayed on MNO blog and that just means that BukInvest will stay on Paying status at least till the end of the week. Such signs simply cannot be ignored so please be aware of that, guys, when deciding to invest or not!

I must admit that I received a lot of positive feedback on yesterday’s article (read it here) outlining the major reasons of the ongoing HYIP industry crisis. Many of my readers agreed with my point, many only to some extent, but in the open discussion the solution can be found so you’re all invited to discuss this topic thoroughly on the specific thread on MNO Forum (click here to read it and participate in the discussion). I was quite busy today but I’m really grateful for all the emails you sent me today and I’ll hope to reply to them tomorrow if I have some spare time. Thanks for your support and understanding, guys, and believe me that it means a lot. I therefore decided to continue publishing occasional articles which would more thoroughly analyze the industry and how it works so I hope you will like them as well. So stay tuned for more interesting content on my blog later!

Continuing on the topic I made a poll which will last till the end of the week. The question is simple: Is this the biggest ever crisis in the HYIP industry we’re having now? And there will be three options: yes, no, and I’m not sure. So enjoy the poll and I will post the results by the end of the week when I will have another question to consider. Thanks in advance to all my active readers participating in the polls on MNO! The poll is located in the very end of the right sidebar of my blog.

One of my readers Patrik asked me a lot to enable the ShoutBox on my blog again as it was a great tool for him to receive the up-to-date info and find some other opinions. To tell you the truth I miss the ShoutBox as well and so I’ve decided to enable it again for the time being. I hope there will not be any obscenities and that everybody will communicate with each other like civilized adults. It will be my last attempt to revive my ShoutBox because I wanted to encourage more activity in the forum. So please be polite and respectful to each other, guys. Communication is one of the most important tools we have as investors, so for your own benefit don’t allow others to abuse it.

The HYIPs that paid me for the last 24 hours are:
BookmakerOffice, VezGroup, InWolton, OnyxInvClub, MoneyTree, CherryShares, RedOrchidInvest, KaizenPortfolio, MoneyVIPClub, FastBucksPro, PrivateDiamondClub, EForexTrust, BukInvest, EzProfit, GoldenInvestment and YesInvestment.

That would be it for today, guys, and I hope to see you on MNO tomorrow! Good luck with your investments!

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