20/04/2011. TencontFunds Review and Daily News from the Industry

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

Hi everyone! One of the most recent additions to my monitoring page is perhaps a program with the most eclectic mix of investment plans I’ve seen in a long long time. It’s called TencontFunds and whatever else you may think of them I’m sure there’s something in there that most readers would find of interest to them. Plans range from quite short term in duration to more medium/long. If they can actually succeed in making this work I think it would be a welcome boost to the industry and that at least is something I think we’d all be agreed on. So before the day’s main news stories let’s take a close look.

TencontFunds launched about a week ago now and as I said offer a good mix of plans, all of which are more than affordable even to the most cautious of players. In fact each one of them need only cost you a single dollar to join so even does who play the HYIP industry for fun would like it.

The first available plan is called The Trial Plan which generally gives the impression that it’s more intended for testing purposes. That’s fine but considering there’s no upper limit placed on how much you can invest you can take it as seriously as you like, though there is quite a low return. It runs for 5 calendar days and costs a minimum of $1 to join. For anything up to a $100 spend TencontFund are offering a daily payout of 0.6% interest. At the end of the term they will then return your principal leaving you with a total profit of 3%.

That might not sound like much but if you like the sustainability of longer term low interest HYIPs but don’t like the idea of committing your money for months and months on end then it’s at least worth considering. Other rates are paid to higher deposits as follows:
$101 to $500 earns 0.8% per day giving a total profit of 4%, amounts between $501 and $2,000 will earn 1% per day with a final profit of 5%, and anything above $2,001 with no stated maximum earns 1.3% per day, giving a final profit of 6.5%.

If you’re happy with that but would rather stretch things a bit the TencontFunds second plan also offers low returns though paid over a slightly longer time frame. It’s called The Beginner Plan and it runs for a term of 15 calendar days. You can still join for just $1 but the payments do increase a little. For example anything between the Minimum dollar and $100 will earn you a daily interest rebate of 1%. Your principal then gets returned on expiry of the term, leaving you with a net profit of 15%. Alternatively for larger deposits, TencontFunds pay as follows:
1.2% per day on deposits between $101 and $500 giving you an eventual profit of 18%, 1.5% per day on amounts from $501 to $2,000 leaving you with 22.5% profit at the end, and 2% per day on anything upwards of $2,001 leading to 30% profit by the time your principal gets returned.

For The Master Plan – TencontFunds‘ third offering – the minimum cost of joining remains at $1 but the interest payments stretch over a 30 calendar day term. This time the daily interest rate starts at a more generous 1.4% on deposits between the minimum and $100. Once your principal gets returned on expiry you will be left with a total profit of 42%. Higher rates as usual apply to larger deposits and are calculated as follows:
1.6% is paid daily on deposits from $101 to $500 leaving you with a final profit of 48%, for a deposit between $501 and $2,000 you can earn 2% per day which leaves you with 60% at the end, and finally a rate of 2.5% will be paid daily on anything above $2,001 leaving you with a 75% profit margin.

TencontFunds fourth and final investment option is The Professional Plan. Running for a term of 60 calendar days, payments here are the most profitable, the risk is the highest, but at just $1 the cost of joining is still more than affordable. Of course if you like the interest payments but don’t like the risk you can always split your deposit between the four plans, with smaller amounts being reserved for the longer terms. Anyway, just a suggestion. In return for depositing anything up to $100 TencontFunds will pay a daily interest rebate of 1.8%, principal returned on expiry. So at the end of the term that will leave you with a clear profit of 108%, or more than double your money. Should you be prepared to play with more than that then expect the following rates to apply:
2.1% per day for deposits between $101 and $500, leaving you with a grand total of 126% profit, 2.5% per day on anything from $501 to $2,000 which should bring in 150% in total profit, and finally 3% per day on anything above that amount which adds up to 180% profit, principal then returned.

As you can see there’s very few options that put you in profit before your principal gets returned, and even the ones that do still take quite some time. Mind you the first investors in the Trial Plan are already in profit so I guess that’s some good news but the admin still has a wait in front of him before gaining acceptance from the wider investments community. But TencontFunds manages to combine sustainable returns with instant payouts and low minimums and flexible options which is also a plus. However I suppose you could say there’s good news and bad news regarding the payment options. On one hand the choice is limited to either LibertyReserve or PerfectMoney, though I guess most would still favor LR anyway. But on the other hand the payouts are all made instantly. You will still need to log in and request them of course but once done TencontFunds should have them in your e-currency account in under a minute.

The TencontFunds website is bilingual and available in both English and Russian. They are also running off an original SSL secured script and are hosted on a dedicated Staminus server with DDoS protection provided by DdosWiz. Communications seem to be taken seriously for a change – a refreshing sight in the industry for sure – and you can catch the admin or a TencontFunds operator through a variety of ways, including Live/Instant Chat servers like ICQ and Skype. You can also e-mail them directly or else fill out the ticketing support form on the contacts page. Less efficient would be their postal address which I am unable to verify, and not recommended for security reasons would be their fax number. However they do offer a telephone number which you are free to try if you so wish.

Other than that all I can think of is to remind you of the usual warnings that apply to any online HYIP, old or new. It’s a high risk industry no matter what any one individual admin will tell you so at all times keep within strict spending limits that are affordable to you. Base your investments on what you can afford to lose rather than what you are hoping to earn. The TencontFunds texts and design might be original but they do very little to elaborate on what they do with your money, sticking mostly to highly vague jargon style expressions like “capital markets” and “world financial markets” without the micro details to lend it any sort of credibility in that sense. So remember what you’re doing and try to make better use of TencontFunds (assuming you’re actually going to join them that is) by keeping them as a smaller part of a bigger more diverse portfolio with an affordable investment.

DAILY NEWS FROM THE INDUSTRY.

There were a few programs that collapsed today and I believe MNO has an obligation to warn readers about them first, just in case they are displayed as Paying on other monitors. The first very fast and surprising scam was RebelFunds which stopped paying suddenly yesterday just having been online for less than three weeks. Since they were a low-ROI program hardly anyone managed to be in profit from that scam as it was virtually impossible with plans paying 2.1%-2.7% per day. Unfortunately, scams like RebelFunds where nobody but the admin is usually in profit are very hard to point out but MNO did everything possible to move the program to Problem status straight after I discovered that yesterday’s withdrawal was pending for over 24 hours. Of course as usually happens the admin remained silent about the whole thing which brought me to that conclusion. Please do not invest in RebelFunds as it is a proven scam now!

MidasGoldFund is the second program moved to Problem status on MNO tonight. The admin of the program last updated me on the situation with his site which went offline over 24 hours ago last night and told me that he had some issues with his provider Dragonara. Doesn’t it remind you of another program that collapsed exactly due to an unresolved conflict with Dragonara? I can only speculate what really happened with MidasGoldFund but one thing is for sure – the admin didn’t want it to happen and Dragonara was also in the middle of it. There are no more updates from him so I can assume that most probably MidasGoldFund is gone and most likely it happened due to their issues with Dragonara as well. So we can conclude that two good programs – OilCapital (the situation with which was shown last night) and MidasGoldFund – were destroyed by Dragonara during the last two weeks – isn’t it too much already I wonder?

If I was right I suspected that the admin behind the Agromatica program was the same one who ran some pretty successful programs in the past which put a lot of members in profits and for some programs he even issued unexpected refunds to members not in profit. Let’s hope that it will also happen with Agromatica which was an obvious flop having failed to compete with other short-term and long-term programs offering better returns. As it usually happens Agromatica scammed just before the need to return the deposits on 1% for 60 days (the program lasted for nearly two months already). We can conclude that almost nobody was in profit from Agromatica either because the only ones that could were those who invested in the 0.5% for 15 days shortest plan of all. To the admin’s credit he closed the website and today I even received the following email from him asking me to remove his program from my list and informing me of disabling new deposits and sign-ups:
“Hello, Please, stop refer new members. I’ll send update soon regarding current situation and refunds.
1)We no longer accept new clients (disabled).
2)We no longer accept new deposits (disabled).”
In the following private email to me the admin of Agromatica George promised to do his best to issue the refunds which would be really appreciated thing to do since almost nobody was in profit from Agromatica.

Really, it looks like with so many low-ROI programs failing to complete even one cycle the HYIP market is definitely dominated by high-ROI programs now that provide faster returns for shorter periods of time. And of course generally the faster you recognize and join such programs the better chance to be in profit you have. One promising program only added to MNO a few days ago and reviewed already is called Alteriva (read the review here). Alteriva offers four investment plans where you can invest via AlertPay, LibertyReserve and PerfectMoney payment processors – 112% after 1 week, 128% after 2 weeks, 150% after 3 weeks, and 200% after 5 weeks. Since the program only started a few days ago the first payments on expiry will only be processed in a few days but be sure that MNO readers will be the first to know when it happens. I have already sent some interview questions today to the admin of Alteriva Corey and he promised to reply in a few days. So stay tuned for that, and meanwhile I invite you to read the first newsletter from Corey where he also announced the MNO review of his program:
“Dear Members,
We are extremely proud and happy to announce that, a detailed review of our program has been published by Paul, on his blog Money-News-Online.com, which is the largest platform from where you can get detailed news and other matters concerning the HYIP industry. This review will give you a more detailed and in depth view of Alteriva. We proudly invite everyone to take a look at the published review here.
Moreover, Paul will be interviewing us soon. We are as much excited as you are to answer the questions that will be put forward to us in the best way we can, and see it published there in MNO blog. So stay tuned for that!
Alteriva – your path to financial freedom!
Corey Miller. Alteriva Admin.”

I remind you that on Friday at 8 pm GMT you should be in the MNO Live Chat room as after a long break we will have a proper conference with the admin of BusinessVentureFunds Jonathan (he was recently interviewed on MNO and you can read the interview here). The program is really interesting in my opinion and it offers 2.15%-2.85% for 120 business days paid automatically on your AlertPay, LibertyReserve or PerfectMoney accounts. There are also some interesting rules on returning your deposit on expiry from BusinessVentureFunds which you are welcome to read more about that in my review posted here. The latest newsletter offers some random 5%-15% cash bonuses which will be added to your account within 12 hours after making a deposit. According to the admin of this will be a limited Easter offer available for the next few days only:
“Hello all,
Easter is right around the corner and I am happy to announce that as part of the Easter festivities, BusinessVentureFunds is offering a special promotional offer. The promo is to start today and will remain active till 25th of April. All deposits made from now till April 25th by both new and existing members will receive a random cashback to their ecurrency account upon deposit. The random cashback will be anywhere between 5% to 15% of the deposit amount and you will receive this cashback within 12 hrs from the time of deposit. Happy Easter everyone and I hope you enjoy the holidays with your friends and family!
Regards. Jonathan”.

If you haven’t read my recent interview with the admin of OrientProfit Barnett you can do so here. In the latest update from he reminds us that his program has been paying out on two investment plans – 2.5% for 120 days with principal back on expiry and 120% after 12 days – for four weeks already to AlertPay, LibertyReserve and PerfectMoney. Apart from giving the link to the recent interview, Barnett thanked all the OrientProfit members for their support of the program during its first weeks online. Here is the latest from news from them (reviewed here):
“Hello, we wish to welcome all new members for joining orientprofit.com which is now 28 days old online and most importantly thank our old members for their support in making OrientProfit a successful program.
OrientProfit has undergone an interview with MNO (money-news-online.com) which we would like to share with our members. The interview has been published on MNO and you can read it here.
All payouts have been processed and all support tickets have been answered.
THANK YOU all for being members of OrientProfit, if you have any questions, Our support personnel’s are always online to attend to your questions.
Thanks, Barnett Leon. OrientProfit”.

I was already pretty hard on some monitors and readers last night who seem to have nothing better to do with their lives than scream “scam” and panic as soon as a program goes offline for a few hours. They cannot or do not want to realize that by their unjustified actions they probably do more harm than good sometimes to the program in question in case it comes back online, and of course it won’t help you get your money back if it doesn’t. From my understanding the recent panic over the downtime of GorgonProjectInvest that lasted no more than a few hours made some hot heads complain to AlertPay who put their account on temporary hold meaning that currently no deposits can be accepted and no withdrawals can be paid via AlertPay. Of course there is still hope that the admin of GorgonProjectInvest Paul (interviewed here) will resolve the issue with them and make the account in AP fully functional once again. A somewhat comforting fact will be the lack of any significant funds in GorgonProjectInvest‘s AlertPay account which could have significantly drained the program’s funds. Fortunately this time we are dealing with a very professional admin who knows that it’s dangerous to keep huge sums of money in any payment processor accepted by and therefore tries to keep it to the lowest minimum possible. That is why you might have noticed that LR withdrawals from GorgonProjectInvest sometimes are not processed instantly due to a certain limit which is handled by the admin who replenishes the money to the account only when necessary. Anyway, I don’t think that even if AlertPay goes nuts and totally refuses Paul access to his AP account it will somehow affect the program’s performance. He was quick to let investors know that no funds in AP are actually lost and that in the worst case scenario he would be able to pay AP investors via many other payment processors still accepted by them (that list includes LibertyReserve, PerfectMoney, GlobalDigitalPay and Pecunix along with Bank Wire deposits and withdrawals). So, even if you are an investor who made a deposit in one of the investment plans offered by GorgonProjectInvest (1.9% for 30 days, 2% for 90 days or 2.2% for 180 days with principal return on expiry) you have absolutely nothing to worry about as you may still get paid via other payment processors. For now, Paul asks from the members to allow him some time to resolve the issue with AlertPay administration and not to panic anymore. I think it’s very reasonable advice you should follow after reading the latest news update posted on the GorgonProjectInvest website (reviewed here):
“AlertPay Deposits and Withdrawals Temporarily Suspended.
Due to our AlertPay account inexplicably being placed under ‘Temporary Hold’ we have had to stop AlertPay deposits for the time being. We have no idea why we are faced with this problem, but we are sure we can resolve it and get back to normal as soon as possible.
This unfortunately does include AlertPay withdrawals as our whole account is affected.
If you have a pending withdrawal or have AlertPay in your Account Balance, please do not worry. We have a strict policy of keeping our account balances very low to stop large amounts of funds being frozen (or stolen) and we are happy to report we had a very small amount in the account when it was put on ‘Temporary Hold’. So in the worst case scenario, if our account is permanently suspended we will just swap the funds over to a different e-currency and pay you this way.
This is just a worst case scenario to explain that we have contingency plans for this situation, but hopefully we can get our existing AlertPay account operational again ASAP without having to go down this route.
We think that our recent downtime may have panicked some investors into attempting chargebacks or complaining about us to AlertPay. Please be assured we are trying to run a successful long term investment opportunity and will be faced with issues along the way. Mass panic does nothing but create more problems. Please try to not go into meltdown because of this AlertPay issue. To us it is not a problem as hardly any funds are in the account so we have not lost anything.
Please allow us a few days to sort this out and we will update on the situation.
Thank you”.

Possibly being aware of the bad consequences which unannounced downtime can bring to a program the admin of UnicornInv Thomas (interviewed here) issued a short update today informing members about the expected maintenance work they would be undergoing during the next couple of days. Here it is:
“Maintenance from data center on our server.
Date: 4/21/2011 12:01:00 AM Pacific Time (US & Canada) to 4/21/2011 12:35:00 AM Pacific Time (US & Canada)
Date: 4/22/2011 12:01:00 AM Pacific Time (US & Canada) to 4/22/2011 12:35:00 AM Pacific Time (US & Canada)
Type of Event: Network Maintenance
UnicornInv Team”.
I remind you that UnicornInv has been one of the most stable performers on MNO for the last five months and it’s still paying fine on both daily (1% on every business day) and weekly (6% per week) perpetual plans on LibertyReserve, PerfectMoney and SolidTrustPay deposits making the first lucky investors already in profit. I hope that UnicornInv will continue its successful work for many more months and advise you to read my full review of the program here if you consider investing with them. And please be aware of the upcoming downtime on UnicornInv site and don’t panic!

I wonder if anyone could ever believe that ExoticFX would evolve into something so huge going beyond the borders of the traditional HYIP world two months ago when it all just started. Well, I always had huge faith in them for some reason and seeing how much effort they put into the gradual development of it from the very beginning I had a very positive review of the program which you can read here followed by the most comprehensive and detailed interview with the admin of ExoticFX Charles Martinsen which you can see here. After just two months online ExoticFX is really looking like something much bigger and larger than its more traditional industry counterparts having launched its own popular blog, Forex Trading School and Apprenticeship program that aims to teach you how to Trade on Forex and at the same time constantly improving its high-yield program by developing new features that would be useful for the members. They currently accept four payment processors (AlertPay, HD-Money, GlobalDigitalPay and LibertyReserve). ExoticFX is offering a wide variety of investment plans either paying on every business day and returning principal on expiry (1% for 120 business days, 1.2% for 140 business days, 1.45% for 160 business days, 2% for 180 business days) or crediting your account daily but providing you with one single payout on expiry (110% after 2 weeks, 125.6% after 4 weeks, 146.5% after 6 weeks, 192% after 8 weeks). Currently ExoticFX occupies the #6 spot on the MNO popularity ranking and I’m sure it will only go up if it continues its the way it’s going. Which I suspect it will. The latest achievements and future plans of ExoticFX and its spin-off Forex educational program are posted in the latest lengthy newsletter from ExoticFX (reviewed here). Read it below:
“ExoticFX is Exploding Amazingly!!!
This is truly an unexpected pleasure. When we announced the FTA program, we expected thousands of new signups for the Forex Trade School at ExoticFX.org. Well, we havent got thousands yet, but we are getting hundreds of new signups at ExoticFX.net. So that is exciting and we can see why.
ExoticFX.net is Truly a Success Story in its own right. I mean, we do have the MOST secure program in the world of Online Investing. We do have High, Medium and Low Returns on investment options. We do have the absolute BEST support staff and platform available just about anywhere online, and we offer our members the most advantages of any program around. So it should come as no surprise, really, that more people are flocking to ExoticFX.net as a result of the recent FTA program release.
Since there are a lot of new members, I want to recap some things you need to pay attention to.
First, the most popular plans.
With our plans you can invest and receive up to 2.0% (Daily180) or 2.3% (Term 8). These are the two most popular plans by far. In the very beginning, members used the Term2 as a place to start, but we are seeing around 73% reinvesting into much longer term and higher paying plans. This is wise investing in my opinion, as it is easy to see we are going to be here a very long time. You can look at the Top Traders page and see what the largest investors are doing right this minute as this page reflects, in real time, their choices, returns, investments and profits.
The wisest play, in my opinion, is the Daily180 with a compounding of 100% for the first 40 days, and then reduced to 50% or 60% for the duration. This will more than double your principal in less than the first 40 days and then provide you with a good daily return for the duration and a HUGE return at the end.
EFX Traders Society
We launched the EFX Traders Society to provide you a place to discuss strategies like the one above as well as to socialize and learn from each other. The Traders Society is destined for greatness in the realm of online social meeting areas. You should familiarize yourselves with it and offer your input whenever possible.
ExoticFX Blog
The ExoticFX Blog was originally created to provide a backup location for EFX to deliver news in the event our main site was ever unavailable. It has evolved into so much more than that. Our Social Media Manager, Keiko, has done an Amazing job of catapulting the EFX Blog into an enormous success. It is a wealth of information and you should definitely be a subscriber there.
Every one of you is here because you are looking for the EDGE and to gain the Upper Hand when it comes to making money online. The EFX Blog provides so much relevant information that you need to know. If you are not taking advantage of that, you are costing yourself money. It is free for members and non-members and it is very much worth your time to read.
Videos
In order to fully take advantage of any endeavor, you need to fully understand it. EFX is no exception. We have added another video to the line-up and you should watch it at your earliest convenience.
Those that have not seen any of the Videos should watch them all. They explain our program, how it operates, and why it works. Knowledge is a Pre-Requisite to Achieving and Maintaining Success. Therefore, we provide as much, if not more, input than any other program anywhere. Dont waste the opportunity to discover your options, build your knowledge base and let us assist you in achieving your goals.
Forex Trade School
It seems that almost everyone that finds the FTA program is signing up for EFX. But not every EFX member has signed up for FTA. This is a huge mistake on their part. Here’s why:
The FTA Program may be in its infancy in fact, right now it is only in Pre-Launch and as such is simply a place to signup, download the ebook (Manual) and familiarize yourself with the Members Area. We are working as fast as we can to build the infrastructure of the Live Trading Room and FTA program.
But it is to your advantage to BE IN LINE!
The programs associated with FTA will ultimately create FANTASTIC referral fees and we are giving you First Shot at being in line to attract as many as you want.
If you have not paid attention or disregard this message, then it WILL BE YOUR LOSS!
Go take a look at the program.
Familiarize yourselves.
Sign up and use the affiliate link there to inform your current referrals and associates NOW, before someone else does.
We are going to have NEW commissions available to you through the FTA program in the future you need to establish your position RIGHT NOW!
Investment plans (like EFXs … if your EFX members sign up at FTA and begin investing there, you get NEW Commissions if you direct them there … or you will have lost them to someone else)
Forex Trade Alert Subscriptions fees (there will be several varieties of trade alerts, Exotics, Trend Traders, Day traders, etc., will all be different subscriptions in time. The fees your affiliates pay will generate referral commissions also)
Forex Training fees (once our first goals are met, we will begin charging for this service. There will be referral fees here, too)
Forex Trading Account fees (once our first goals are met, we will begin charging for this service. There will be referral fees here, too)
FTA program fees (once our first goals are met, we will begin charging for this service. There will be referral fees here, too)
Spread fees (There will be referral fees here, too)
Franchising fees (this may be down the road a ways, but you will be grandfathered in and receive huge commissions here)
Etc., etc., etc. (much, much more is to come)
I promise you do not want to be left behind on this one.
We are certain that you are already familiar with EFX and you can clearly see that we will be the Number One program in online investing. We are inviting you to have first shot at positioning yourselves to benefit from our program by advising and advertising to your referrals and associates. Like I said, we are not heavily advertising in the HYIP arena immediately but our new advertising in other markets is Grandiose and will bring thousands through the HYIP arena.
We have successfully merged all the Attributes of True Forex with all of the benefits of HYIP.
We feel this is by FAR your best chance for Permanent Financial Success!
This will change the face of HYIP and . YOU WILL NOT WANT TO MISS IT!
ExoticFX Just Profits!”

The programs that paid me for the last 24 hours include:
GulfReserve, ExtraIncome, Roserlink, ExoticFX, SquareBoxTrends, AutomaticEarn, CitrusFinance, GoldInstant, GorgonProjectInvest, InvestNetGroup, EurexTrade, SiliconValleyGroup, SuperMoneyInv, PicoProfit, ImperialFund, ProfitDeluxe, MGFunds, DynamoFunds, MakeDepositToday, PermanentProfit, Opulentia, OrientProfit, SafeDepositary, ViscoCorp, UnicornInv, BrilineLimited, BusinessVentureFunds, FondosMayores, ReserveInt, Alteriva, TencontFunds (the first instant payments received) and CitaFund (the first payment received).

CitaFund is one of two programs added to MNO monitoring tonight and most likely it will be reviewed on my blog tomorrow. The program just started today and offers two investment plans – 10% for 14 days and 168% after 7 days. CitaFund accepts four payment processors – AlertPay, SolidTrustPay, LibertyReserve and PerfectMoney. The minimum to invest in the daily payment plans is $20 while the on-expiry plan requires a higher deposit of $100. CitaFund is running off a licensed GoldCoders script and is hosted on a dedicated Staminus server with Koddos protection. More on CitaFund will be on MNO tomorrow!

The second program added to MNO listing is called MajesticFunds and it’s also brand-new. Starting with a $10 minimum deposit which you can join via AlertPay, LibertyReserve or PerfectMoney you can get 14.5%-18.5% for 8 business days (from Monday to Friday). Please note that no principal will be returned in MajesticFunds and no compounding is allowed in any plan. But such reasonable plans could make MajesticFunds a long-lasting and successful program in my opinion. Just like the previous program MajesticFunds is hosted on a dedicated Staminus server with Koddos protection and is running off the well-known GoldCoders script which is licensed of course. More information on MajesticFunds will be given in the upcoming review on MNO so stay tuned for that!

That’s it for today, guys. A lengthy update I know but that’s how it goes in the industry and surely it’s only a healthy sign anyway. And there was many important news updates worthy of your attention. So I hope that you will also check out MNO tomorrow for another review and the latest news and events from the HYIP industry. See you all then!