16/09/2010. YoKapital Review and Daily News from the Industry

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

Hi everyone! As I mentioned in yesterday’s interview apologies again for not having any news section. I was pretty busy and despite the rain there really is quite a lot to do and to see here in Holland so I don’t think my first visit here will be my last. But think I can make up for it today and just about all the news stories from the programs on my monitoring page. First however there is one new addition to the MNO monitoring list that I’m cautiously optimistic about called YoKapital, a new long term HYI program with an interesting difference that will set them apart from most of the competition.

There’s really only one investment plan to choose from here (which I guess at least makes the decision to join YoKapital or not an easy one!) and it’s broken down into three stages. There’s no expiry date so it’s up to yourself how long you wish to remain a member. But while that by itself doesn’t make YoKapital all that unique, the difference here is that if you commit to staying a member for the long term you will be rewarded with an increased interest payment, regardless of the size of your actual deposit. That’s by no means the only thing that sets them apart by the way, so I’ll try to run through the process in a bit more detail for you.

Here’s how it works. Joining the program involves buying shares which are priced at $1 each. The minimum purchase is ten shares therefore the minimum investment in YoKapital is $10. The maximum investment is a relatively conservative $1,000 however you may add to that at a later date if you wish. Your investment will then earn you an interest rate of 1.8% per day for the first 30 days. If you stay a member for longer than that then you will be paid 2% interest per day starting from the 31st day.

This will continue indefinitely until you either decide to withdraw your principal or the program collapses. After 30 days you may then decide to withdraw your principal. This involves selling your shares, and the value may rise slightly on the original price of $1 each that you paid. Though it’s unlikely to rise by much, theoretically this means you could earn a nice extra profit for yourself upon leaving depending on how many shares you might have. I mean if the price only went up by a cent that’s still a very nice bonus if you were selling a thousand of them. The admin has also assured me that the price is guaranteed at a $1 minimum, so no matter what else happens the least you can expect back is your original investment.

Only long term members are allowed to withdraw their principal without any penalty fees being incurred however, with YoKapital charging 30% on those leaving within the first 15 days and 15% on those leaving between day 16 and day 30. Obviously withdrawing your principal in the first 15 days is out of the question as this will effectively wipe out any profit you will have earned and leave you at a loss. This should only be done if you need the money back in an emergency but frankly if you find yourself in that situation then you have most likely invested more that you really should have.

Basically how much you earn from YoKapital is partially a matter of chance (like any other HYIP) but also a matter of how you decide to play it. It’s impossible to give any real examples of how it works because each deposit will be different, but let’s suppose you join with $100. If you did that you would receive $1.80 per day for 30 days (total value $54) and $2 per day after that until you decide to leave.

Personally I always stay with such perpetual paying programs until the very end, though it’s a matter of choice. Once you’ve made an amount equivalent to your original investment everything else is pure and passive profit so I see no reason to leave, but if you don’t agree then a few statistics you may wish to keep in mind include the following:
If you leave YoKapital after 15 days you will have lost 3% of your investment (more if even earlier). If you leave after 30 days you will have earned 39% profit. But like I said if you’re in profit then why leave? It will take you 53 days to double your money, ie to earn an amount equal to your principal.

What YoKapital loses slightly on the limited choice of payment processors it more than makes up for with the use of automatic withdrawals. LibertyReserve and PerfectMoney are currently the only options you can use for signing up but once you have done so then that’s about all you will need to do. Your interest payments will appear everyday in your e-currency account without the need for you to log in, ask for them, and then cross your fingers in the hope that they arrive when the admin tells you they might. It’s always a welcome addition that adds greatly to the convenience and user friendliness of any program and a feature that’s utilized all to seldom in this business.

The design and security of the website is above average I’d have to say. There’s a bright and easy to navigate layout and the whole process is very well explained. I realize none of that guarantees anything but first impressions are more vital than ever in the industry these days and it does leave one with the impression you’re dealing with professionals that know how the HYIP business is supposed to work. YoKapital is hosted on a dedicated Staminus server and is running off a licensed Neversay script. I found myself looking twice at that as it’s barely recognizable as such but it’s definitely from Neversay but has been heavily customized. For example automatic payouts aren’t generally facilitated by Neversay, but in the case of YoKapital they are allowed. The website is also protected by SSL encryption.

The YoKapital customer support is among the most professional I’ve seen in a while. They have been extremely fast and courteous at all times and have explained everything perfectly. And again, with such a unique and individual program the importance of this is not to be understated. You may contact YoKapital via the online support ticketing service where you will also be able to track the progress of any outstanding issues. There is a selection of e-mail addresses if you refer to write that way. They also provide telephone support if you prefer to speak directly to some one and have a postal address in the UK, though from personal experience this is more likely to be a virtual hosted office used for mail than to house any real employees.

And speaking of the UK, that is where YoKapital are claiming to operate their business from which is supposedly a private trading and asset management firm. Excuse the by now traditional skepticism but I’ll have to take that one with a liberal dose of salt for now. Ultimately it’s up to you and only you to satisfy yourself about any such claims if it’s important to you, but true or not it does little to guarantee the long term future of your money anyway. But if, like me, you are approaching YoKapital purely as a high risk HYIP based game then you could do a lot worse. Worth a modest and affordable deposit as part of a wider and more diverse portfolio.

DAILY NEWS FROM THE INDUSTRY.

The possible introduction of Debit cards announced recently by the administration of EzProfit (reviewed here) stirred some controversy and I believe this will be the beginning of the end for the program. Here is the short message left on the site:
“EzProfit Debit Card Available
Please click on the “Debit Card” link at the bottom of the page for more details or the url http://www.ez-profit.net/debitcard.php”.
I would like to comment why I think that EzProfit which currently occupies #1 on MNO rating is possibly at the brink of collapse which might be happening pretty soon. From my long and rich experience with HYIPs usually a program announcing these Debit cards and in some cases even forcing some members to purchase it don’t usually last for too long after the announcement. What happened with similar programs like Tradelite and SilverLodge is that they promised to send the debit cards to their customers but nothing ever happened, except of course that they charged you $40 or $50. And then the excuses start flying while members are left to wait for weeks to receive their cards. Of course, there are no cards available at store in EzProfit, especially considering this enormously high price in this case is $300 which strangely you should pay to LibertyReserve to purchase it (anonymous processor where money is not accounted for or under any kind of strict control). This is a very convenient way to collect the money before the possible closure that might happen not in a week or so but at a later time of course.

Judging by other programs run by the same administration team currently running EzProfit I can guess that there will be more situations occurring soon that will allow them to delay payouts to the top investors and the perfect motive to do it would be making it compulsory to buy this debit card and not allowing you to withdraw until you pay for it. Please do NOT do it in any case and do not waste your money as you won’t see this card regardless of what the administration of EzProfit will try to persuade you. If you’re in my downline in the program and have issues with withdrawals simply report this to me and I will try to help you get your money out. Anyway, I would not recommend putting huge amounts of money into EzProfit at this moment as despite the very regular payouts I consider this new update a very big warning sign for all investors. If you want to read the whole update regarding the debit cards please have a look below (note that the texts are blatantly copied from another scam site StrictPay which used to offer their card for only $25):
“EzProfit offers our very own debit card for all EzProfit members. This is not just an ATM card, it is a globally accepted Visa debit card. Having the EzProfit Debit Card will allow you to gain access to your money when you are on the go. If you can log into your EzProfit account, then you can receive your funds in a very timely manner.
The purchase price for your card is only $299.99.
Members can use the EzProfit Debit Card to purchase products and services at any global merchant that accepts Visa, and it can also be used at millions of ATM locations. EzProfit cardholders are able to easily manage their cash flow, and the debit card is a safe convenient alternative to carrying cash. There is no application process for approval of the EzProfit Debit Card, and as long as you are a EzProfit member you can purchase your very own card.
Card Features:
Accepted Worldwide
Card valid for 5 years.
Card replacement ($10).
Maximum Balance ($25,000)
ATM Daily Withdrawal Limit ($5,000)
POS Daily Purchase Limit ($5,000)
No Annual Fee
ATM Transactions: $3.00
Signature Based Purchases: $1.50
Load Funds to Card: FREE
How to order :
Pay directly from your Liberty Reserve account to our Liberty Reserve account U5507641 (EZ-Profit.Net) and key in “Purchase Debit Card” in the memo field.
After payment, send us an email with your username, payment batch number and your mailing address where you want us to send you the debit card.
You can order more than one debit card if you want.”

I’m glad to report that the administrator of PawnShopFund recently upgraded his listing with MNO to Premium and it means that an interview with him will be published on MNO soon. If you have your own questions to the admin of PawnShopFund Frederick please do not hesitate to send an email to abramsonp@gmail.com by tomorrow when I’m going to send it to him. I hope he will also be explaining the sources of income his program is allegedly built on as I don’t quite get it. Meanwhile, in the latest email to the members of PawnShopFund Frederick advised some online sources where you can collect more info on the pawn shop business and its probability to ensure an online income. You know that I’m pretty skeptical about all this stuff but at least those admins who try to make some nice stories about their business might be only partial ponzies and could possibly generate some money for themselves from the collected money. Especially you should consider that apart from deposits made via LibertyReserve, PerfectMoney and AlertPay you can also send your money via Bank wire (temporary limited to $40K now). The plans on offer are: 1.8% for 45 days, 2.1% for 60 days, 2.35% for 60 days, 2.4% for 75 days. Principal can be withdrawn on expiry but you may also leave it to earn indefinitely. Another advantage of the program are instant withdrawals which probably contributed much to the growing popularity of PawnShopFund which now has 1,300 members and counting. So I’m looking forward to hearing about that first-hand from the admin in the upcoming interview and please do not forget to submit your questions to Frederick if you have any. Here is the regular weekly newsletter from PawnShopFund (reviewed here):
“Hi dear members.
To be honest there is nothing important to announce in this week, everything is going on really smooth, using one of our members words “this hyip is like a well oiled machine”. There is just one thing what may be good for some of you: from today we have lowered, temporary or permanently we don’t know yet, the minimum accepted deposit from BankWire, from today this minimum is US$40,000.
As many members asked i publish here too that i found http://www.intexchange.com/ and https://www.velaexchange.com/ for buying LibertyReserve or PerfectMoney using a credit card. I never tried these services but after my research i can say that they are trustable, but for your security i would recommend to try the first transaction with a small amount.
And now, to be a little bit OFFtopic a few days ago in the US was aired the next episode of the reality TV series “Hardcore Pawn”. If you wish to know more about this industry and the pawning world, i am recommending you this series because it describes this whole world in a really realistic way. The episodes can be downloaded from torrent websites, bought from amazon or even watched on youtube.
I also want to answer a common question about why are we sending weekly newsletter why not a daily or every second day. I must say that when there is no problem with a program and everything is going on really nice, instant withdrawals too then there is no need to send a daily e-mail to 1300 members, if there would be anything important we would send out an e-mail but at the moment i can say that the weekly newsletter is more than enough. I consider a daily email with useless updates is a little bit spammy, and that is the last thing we would like to do.
Just another thing: please those members who are having as their PerfectMoney account in their profile with us the PerfectMoney account number please reply to this e-mail with your PMUSD account as we require that to process your withdrawals.
I think that’s all for this week, thank you for your continuous support in forums and monitors.
Best regards, Frederick. PawnShopFund”.

The administration of ReProFinance (reviewed here) let everybody know about the recent successes it’s undergone recently. According to them the business is doing well and I can confirm that from the investor’s point of view as every time I made a withdrawal request to both LibertyReserve and PerfectMoney it’s processed instantly and without delays for three and a half months now. However, with such low-ROI plans I believe that ReProFinance is still a new enough program that is capable of turning into something bigger once the industry slowly recovers. Judging by the plans (0.8%-1.5% for 90 business days and 0.9%-1.9% for 180 business days with the principal returned on expiry) only very few big investors can be in profit now if they joined the program at the very beginning. So I believe that there is still room for growth left for ReProFinance. The last update from them was pretty encouraging as they reported the expansion of their support but (and the most important thing) also mentioned about the possible addition of more payment processors in the near future which would be very handy for those investors who would prefer not to deal with LR and PM all the time. So I will let you know as soon as it happens. But meanwhile you’re all welcome to read the latest newsletter from the administration of ReProFinance:
“We are expanding our business!
Online investment business attracts 40% more investments than the equivalent offline investment company. For these reasons our analysts proposed to introduce additional trading terminals and expand the traders staff. The expansion of the trading platform is prompted by a sharp growth of the funds being deposited by our investors since the beginning of the autumn. Our analysts explain this as a result of the higher index of business activity.
As a part of our expansion we announce the addition of more employees to the customer support. Now you won’t wait too long and Customer Support team will be better accessible faster answering your questions.
A rapid growth of investors with different preferences inspired us to extend account deposit options. It is likely that in a short term we will add more payment processors which will make your partnership with ReProFinance more convenient.”

Apparently the admin of RedOrchidInvest Nathan was on some business trip lately that led to some delays with replies to submitted support tickets. The thing is that during his absence he had only time to pay the withdrawals. He apologized for not letting the investors know about the trip in advance and promised to be there for us for the most part of the day. So expect your tickets and emails to Nathan (interviewed here) to be replied to in a timely fashion from now on. I remind you that during its over 7 months on MNO RedOrchidInvest achieved a very honorable third position which is pretty much of an indicator of the investors’ trust. The vast majority of the plans which were thoroughly described in my review of the program here will suit any investor with different budgets and strategies. By the way, the business trip Nathan was on proved to become a successful one and I hope that means that RedOrchidInvest will stay with us for many months ahead. Here is the latest email I received from them:
“I just returned from my inspection trip, where I visited all of our forex traders and business representatives. I am sorry, that I have not informed you about my trip in advance. I didn’t want to worry you, that our web wasn’t under my control during that time. Today I answered all support requests from the past week. If your your request from an older date hasn’t been answered, please resubmit it again. I will also update our statistics in the near future. During my 45 day trip, I took care of all withdrawals as it was possible to connect to the internet, and as my time allowed me. I hope that most of you haven’t registered any changes during this time, and if you have, I am truly sorry. From today on, I am here for you at least 18 hours per day. The inspection trip was a success, we had to let one representative go, but hired 4 more and also one forex trader, who fulfilled our criteria.”

Due to program’s success the admin of WorldPrivateFunds Samuel (interviewed here) announced another 5% bonus which will be valid for all new deposits in any of the plans not made from the cash balance. The bonus can be either withdrawn or re-deposited into one of the plans (0.9% for 10 business days, 1.1% for 30 business days, 1.4% for 60 business days, 1.8% for 90 business days, 2.2% for 120 business days). The accepted payment processors are LibertyReserve, PerfectMoney and SolidTrustPay and you can read more about the program in my review published here. This is the latest email from Samuel, the admin of WorldPrivateFunds:
“Our site is growing very well day by day. This success allow us to start again with 5% cash bonus promotion from now till the end of September 2010.
All NEW deposits from $10 up to $500 (new or old members), are eligible for a 5% cash bonus that will be added manually directly to cash balance. This bonus may be withdrawn or reinvested any time the member wants.
There are NOT eligible deposits from cash balance.
I kindly ask members who received and will receive cash bonus for their new deposits to post in one of the main forums.
We appreciate if you will post your payment proofs on forums and vote us on monitors. This will increase rating and popularity of our investment program.
Do not hesitate to contact me for any problem.
Kind Regards. Samuel Arildsen
WorldPrivateFunds Admin”.

Forexica looks to me as good as dead at the moment as the site is still inaccessible for a few days now. Even despite the reply that I received from the admin of the program yesterday I can’t believe that they can return as the damage might be simply too huge to repair. I don’t know if what Forexica‘s administration are saying is the truth or not but I will give you their reply anyway (there is still slight hope left that they will come back):
“Hello, We are hosted with dragonara.net and they don’t reply to our letters for solving this issue.
Please update in MNO.”

There is a strange situation with SignalTraders program that was listed on MNO just two weeks ago. Looks to me that the program might be in trouble as I received a bad vote on my monitoring page today. I could not understand first what was wrong but then I checked out my account in SignalTraders which marked my last two LibertyReserve withdrawal requests as Paid while in reality I didn’t get this money at all. I have emailed the admin and am currently waiting for his reply. I will update if I get it soon but at this moment the program will be moved to Problem status on MNO and any further deposits would be not recommended.

Sometimes though I was wondering why the members keeps submitting bad votes on my monitoring page while never providing me with their details to verify their non-payments with the admin. I so far had one complaint which was handled by the admin of FxTradingWorldwide quite fast and the member who complained was paid in full. So I wonder if this is a blackmail campaign against the program or if it’s really in trouble and paying selectively. If you have any issue with FxTradingWorldwide you should let me know and I will try to ask the admin about it. Until then I don’t have any reason to believe unsubstantiated complaints. If you have any issues with FxTradingWorldwide please prove your reports by writing to me at abramsonp@gmail.com

Staying on the topic of FxTradingWorldwide (reviewed here). Shortly after my review was published the admin of the program sent an updated newsletter with some significant changes in the plans. After several months online they were decreased and the percentage of paid plans will be reduced as reported in the newsletter starting from October. Now I don’t see that anything changed on the website itself that would indicate when the plans change but please be aware that the review on MNO will be changed accordingly when it happens. I believe they are taking the necessary steps to increase the program’s long term stability considering that FxTradingWorldwide has been paying for many months already. Here is the recent newsletter from FxTradingWorldwide so please take note of the upcoming changes:
“1. As per last newsletter announcement for the investment range which already effective on 6th September, please be reminded and aware of details as below
1.1 The 7 days plan investment range is 1-500$, this plan is mainly for new members to test and trial use of the system, not for stable investment.
Please also aware that in each plan with compound function, you should not invest in max amount as the next day compound will make initial deposit over range and system not give profit automatically to you. For example if you invest 450$ with 100% compound, you will can do. But with 500$, you should not select compound. If you entered to this issue during this transition, please direct contact us in support page with your own details
1.2 The special plan 2 weeks 25%, investment range changed to be 1,000-3,000$
If you invest over this range in this transition period, please direct contact for manually add profit 25% in your account balance after you release principal.
2. When you use support form, please indicate your username, email, LR account number to let us know who you are, many member ask for help but did not tell us username, even name or email address, then we don’t know who we will help.
3. During the past months, we find that there’re too high traffic of transaction in short term plan such as 7 days and 2 weeks plan, this causes our trading team get more difficulties in trading. We decided to release our system stress by followings adjustment which will be effective in next month 1st of October
3.1 All investment plan profit will be reduced 0.25% daily to be as followings
– 7 days plan profit = 1.25% daily
– 15 days plan profit = 1.35% daily
– 30 days plan profit = 1.75% daily max
– 60 days plan profit = 2.25% daily max
– 90 days plan profit = 2.75% daily max
– Special package 2 weeks plan profit = 20% bi-weekly, total 4 weeks (40% profit) can release principal after 4 weeks
3.2 The compounding function for each plan will be maximum at 50% in all plan.
3.3 Referral commission 3rd level will be ended at 1st October. There will be 2 level only.
All actions above are to increase our system stability and ensure that we could service all members and increasing of the service to more people which keep coming more day by day.
Have a nice work week.
Admin. FxTradingWorldwide. “Your Money Factory”

I have moved FairHyip back to Paying status on MNO tonight, although only one of my pending withdrawal requests was processed on Wednesday. I would like to give them the benefit of the doubt but I’m not sure if they paid to all the investors or just selectively to monitors. That is why I would kindly ask of you to please let me know if you are a member of FairHyip if you received your outstanding withdrawals. That will hugely help me determine the future status of the program on MNO.

The recent news from FairHyip includes more blockages and this time after WebMoney LiqPay system also blocked the program’s account where they had some funds. Strangely the admin asked members for support in unblocking the account which is obviously only his obligation. I don’t know those payment systems based in Russia and Ukraine well but I guess that they work on the principle applied by AlertPay – blocking suspicious accounts with a lot of complaints. So I’m not sure even how to take this news from FairHyip that they might use to their advantage of further delaying the payouts or paying selectively. So once again, I will ask you for help with establishing the real status of FairHyip on MNO. Here is the latest news from the program:
“Good time of day, dear customers and partners!
In connection with the blocking of company account in LiqPay payment system, also containing the amount to process profit payments, all payments in this system will be held till our account unlock and/or money refunded.
Total sum blocked: 10,568 USD
We have taken active measures to speed up this process.
We filled an official letter of complaint to the bank-owner of this payment system (we’re ready to provide a registered copy to hesitant).
According to the laws of Ukraine, we expect a official response within 30 days, otherwise we preform enforcement methods trough the legal court.
We are grateful to you for any help in accelerating the process! After all, there your money blocked on our account also!
LiqPay system contacts at your disposal: https://www.liqpay.com/?do=pages&p=contacts
E-mail of department, dealing with locking/unlocking accounts is: monitoringceb@pbank.com.ua
Thank you for your understanding and patience!
Wishing best regards, Fair Management Corporation team”.

I think that’s about all the news for today except to report the programs that paid me for the last 48 hours. They are:
YoKapital (the first payments received), FundsOMatic, Vodapex, ReProFinance, FutureTrails, OilStructure, FairHyip, 144CashAds, VividTrade, WorldPrivateFunds, RedOrchidInvest, OnyxInvClub, MutualTreaty, OptimumPride, Flamanta, EzProfit, YesInvestment, CherryShares, GroupUniversal, MajesticMoney, UniteTrade, FiboTradePro, PawnShopFund, YamaFinance, FxTradingWorldwide, TradersPower and GloTrade.

By the way, check out my new cartoon banner on my monitoring page and say what you think in my Shoutbox. My designer took Winnie the Pooh from a famous Russian series and his friend Piglet was taken from the Disney version. But I guess that would be fine to you as it will appeal to wider audiences, lol.

I will be looking forward to seeing you on MNO tomorrow with another issue of MNOFridays and more news from HYIP industry. Stay tuned and don’t forget to subscribe to my daily news (you can find the form on the top of my right sidebar) to receive MNO daily news straight to your mailbox with no hassles or obligations involved.