25/05/2011. LucrativaFund Review and Daily News from the Industry

LucrativaFund has been moved to Problem status on MNO due to delayed payouts! Do not invest!

Hello everyone! Regular MNO readers will probably have noticed a program on my monitoring page called LucrativaFund by know as it’s been listed there under the “Basic Section” for almost the last two weeks. Well, just recently the admin decided it was time to step up his promotional efforts and upgrade to the Standard List so before we move on to the day’s main news stories I’d like to first take a closer look at LucrativaFund and what they have to offer HYIP industry investors. Take a look and see if you think it’s suitable for you.

Despite being quite a short term HYIP with nothing all that distinctive about it, LucrativaFund still manages to present a fairly good mix of investment plans with a wide variety to suit most fans of such programs. Another good point is that they offer plans that pay you everyday as well as options that pay on expiry. Of course I know it’s just as easy to lose money in a daily plan as an on expiry one, but at least there’s a limited safety net there that allows you to claw something back no matter what else happens.

So starting with your first option, LucrativaFund has a plan that runs for 20 calendar days and makes daily interest payments. The rate of interest you receive is fixed but exactly how much will be calculated depending on the size of your deposit. For example, if you invest from a $10 minimum to a $500 maximum you can earn a payment of 7% per day. Over the course of the term that will eventually add up to a total return of 140% which, as LucrativaFund will not be returning your principal, includes 40% net profit. And you break even 15 days into the term. If you are prepared to spend a little extra then a deposit from $501 to $5,000 will earn you 7.5% per day (total profit 50%) and a payment of 8% per day is made on deposits between $5,001 and $50,000 (total profit 60%).

Don’t like that one? Then LucrativaFund change things around completely with their second plan. It runs for a much shorter term of just 5 calendar days and makes one single payment on expiry, a payment that includes your principal. While not as profitable as the previous plan the minimum investment drops back to just $5 so it’s not without certain advantages either. Final payments will be made according to your principal as follows:
Investments from $5 to $100 will earn 110%. Amounts between $101 and $500 will earn 112%. Amounts from $501 to $100 will earn 114%. Amounts from $1,001 to $5,000 will earn 116%. And from anything between $5,001 up to a $10,000 maximum LucrativaFund offer to pay 120%.

For the third plan LucrativaFund carry on like this. With a few minor changes of course. This time the investment term runs for 10 calendar days and the minimum investment goes up to $7. Payment is still made just once on expiry and will include your principal. The amount you get paid will be based on the amount you invest and is calculated as follows:
120% interest is paid on deposits from $7 to $500. A rate of 125% is offered to amounts between $501 and $1000. You get 130% on amounts between $1,001 and $5,000. For the really big investors LucrativaFund are offering a rate of 130% for amounts between $5,001 and $10,000. And finally a rate of 140% in the unlikely event of someone investing between $10,001 and a $20,000 maximum.

The final plan also runs for a term of 10 calendar days, but for this LucrativaFund reverts back to making daily interest payments. Minimum spend is a hefty but by no means prohibitive $50 and for anything up to a $500 deposit you get offered a daily payment of 12% interest. That adds up to a total return of 120% which includes your principal, so in other words 20% profit. Straight away we can see that this makes the previous 10 day on expiry plan obsolete. Why? Because you earn the very same profit for the very same term, but with daily payments you do it at a fraction of the risk. In fact the only advantage the last plan has on this one is that it will suit those of you spending $49 or less. For larger investments LucrativaFund are offering the following rates:
13% per day on deposits from $501 to $5,000 (30% profit) and 14% per day on deposits from $5,001 to a $25,000 maximum.

Payment options contain the current industry favorites so most investors will be pleased enough. You can use AlertPay as well as the almost omnipresent LibertyReserve and PerfectMoney. Payments are made manually and will need to be requested. Occasionally they can be exceptionally quick, provided the LucrativaFund admin is online at the time you ask for it, however do keep in mind that this is by no means guaranteed and according to the rules you are required to allow up to 24 hours to have everything processed. You will also find a built in e-currency exchanger that will allow you to convert LibertyReserve to AlertPay. Unsurprisingly this only works in one direction, so the admin is perfectly happy to get rid of his AP (and from any HYIP admin’s point of view who could blame him!) but is not offering any surplus LR.

The program is running off a script under license from GoldCoders so that much will be instantly recognizable for most of you. The website also has SSL encryption by Comodo for safer browsing and more secure transactions. LucrativaFund is hosted on a dedicated server with support and protection by Dragonara so I guess downtime would be a very minor incident at worst. If you need to contact the admin with any support related problems or questions they have a telephone number in Denmark or else you can try filling out the e-mail ticketing form found on the contacts page and submitting it. LucrativaFund also have a Live Chat service. Newsletters and program updates are frequent enough as any existing members will confirm, the admin is in regular contact with his members.

Real estate, building, stock market, and offshore banks are just some of the eclectic mix of what LucrativaFund claim to be spending your money on. However I am unaware of any of those activities ever providing a profit quite like what’s on offer here, and as no real business plan is presented nor any real proof, then it’s safe enough to assume you’re dealing with another online HYIP based game and need to proceed with the right amount of caution. Keep in mind that the program has been online for 13 days at this point so it’s not getting any younger, although they have put almost all the the first round of investors into profit (the exception being the 20 day plan, though the first members there are due to break even very soon). Despite that interest in LucrativaFund seems to be steady enough, so if that keeps up then it might be OK. Just remember the golden rules and never spend beyond your means and do try to keep a well balanced and diverse portfolio.

DAILY NEWS FROM THE INDUSTRY.

GorgonProjectInvest (reviewed here) is still growing strong after five full months online and holds onto the #1 position in the MNO rankings. Neither recent events with AlertPay which led to the complete suspension of that payment processors for GPI members nor some server issues which actually resulted in some complaints could shift GorgonProjectInvest from the #1 spot. I did once have it on Problem status on MNO for one single day before due to that unfortunate business with AlertPay preventing them from paying their own members. Amazingly the admin Paul (interviewed here) came up with an ideal solution that enabled members who invested via LR and AP could request their payments to GlobalDigitalPay (GDP) and be paid fast. I remind you that GDP intervened just in time to rescue GorgonProjectInvest from a seemingly inevitable collapse and currently the only plan opened exclusively to GDP investors paying 3.5% daily for 180 days with principal returned on expiry is probably the only plan to go for such investors. Alternative plans are available to those who prefer to invest via such payment systems as LibertyReserve, PerfectMoney, SolidTrustPay and Pecunix and pay 1.9% for 30 days, 2% for 90 days and 2.2%-3.5% for 180 days with principal returned on expiry. I’m sure that the many readers who joined GorgonProjectInvest from the beginning are already counting some nice profits and since the minimum to invest was recently reduced from $5 to $1 the program became even more attractive for smaller investors.
I’m pretty satisfied with how Paul is handling everything and how he’s dedicated to running his program despite all the odds. The recent AlertPay suspension and exchange of your profits to GlobalDigitalPay with 0% fee just proves my point about that, and he really impressed me recently with his professionalism. Paul always updates his members on the current developments and possible downtimes on its server and today was no exception. In the latest update posted on GorgonProjectInvest he reported that the site would be down for a couple of hours due to installing a new support center for customers which will enable GPI to organize answering the support ticketing system on a new level and make the customer service even better than it is now. I think it’s an important part of the development of GorgonProjectInvest and along with the promised multi-lingual support I think the program is moving in the right direction. It is after all the level of customers satisfaction that distinguishes an average HYIP from a superb one which I believe GorgonProjectInvest has become:
“Scheduled Maintenance Thursday 26th May
This web site will be offline for about an hour at 3am GMT on Thursday 26th May as we are adding our new Support Center (at last!). These are exciting times at GPI as we are climbing up to a new level of customer service by offering an integrated Support Center which will offer an organized ticket system which will be handled by different departments depending on the query. We have extra staff to make sure ALL support tickets are answered promptly and efficiently.
Also, our FAQ’s and News Desk will be moved to the Support Center for more interactive content and comprehensive answers.
Soon we will introduce other languages to assist non English speaking investors.
We have been going strong now for FIVE months and are thrilled at the progress we are making. This is a long term adventure and we hope you will stay with us and continue to watch our company grow.”

Another popular program on MNO – EliteAlliance (reviewed here) – came really close to GorgonProjectInvest and is listed at #2 with the possibility of acquiring the #1 spot really soon after only 110 days of monitoring. The admin Leon (interviewed here) really didn’t look for excuses with delayed payouts last week but instead paid everybody what they were owed followed by an unsuccessful attempt by one of their former employees to mess with the database and then DDoS their site. It looks like after this event EliteAlliance came trumps and won even more trust from investors. EliteAlliance is a private investment club which means that it can be only joined by invitation from existing members (to join under MNO click this link). The program offers four investment plans with payouts on expiry and a minimum to invest of $10 which can be deposited via AlertPay, LibertyReserve, PerfectMoney and SolidTrustPay – 111% after 7 days, 125% after 14 days, 160% after 1 month, and 260% after 2 months. By the way, in the most recent newsletter Leon apologized for the slight delays with payouts to SolidTrustPay due to difficulties in accessing their website recently (usually payouts are processed within 48 hours). Also some trading reports are supposedly available for the members soon which is intended to prove the program’s sources of income as claimed by its administration. Here is the latest newsletter from EliteAlliance:
“Update from Leon Reiter (Managing Director)
Dear Members,
This is just a very short Update to keep Everyone informed… I have just processed all those Pending STP Payouts we were a little behind with. Like some of you noticed, yesterday SolidTrust Pay Website was hardly accessible and I was not even able to log in to the Account to process the Payouts. At the same time, Withdrawals were processed in time to all other Payment Processors. So no worries, we always stick to our Terms!
And one more thing to mention before I get back to the Business… Just so Everyone is aware… Our Bank Account was credited yesterday afternoon, not Monday morning as we had initially been told, hence the delay in publishing our Activity Reports. Today is the FIRST Trading Day when we use our new account, and as the Trading Session is over I will update Everyone further on how to access some of our Reports. Stay tuned as always!
Have nice profits Everyone!
With best regards, Leon Reiter
Elite Group Managing Director
Office Phone: +44-203-355-0081
International: +1-866-974-1777”.

More good news came from GulfReserve (reviewed here) today.
First, as promised deposits to any of their current investment plans (4%-5.5% for 30 business days, 1.2% for 150 calendar days, 105% after 5 calendar days) can be made directly from your Credit card via AlertPay. The admin Alina (interviewed here) emphasized that such a feature is possible after the stringent verification of compliance of GulfReserve with all the AlerPay rules and assured that the situation when AP suddenly blocks an account would not be possible with GulfReserve due this process. Of course, those who want to deposit via regular payment options like AlertPay, LibertyReserve and PerfectMoney will still be able to do so with only a $1 minimum to invest.
Secondly, the contest where some lucky members of GulfReserve and Facebook can win a $10 deposit by answering some questions about the program has been launched already. All the details of that and more news about new Credit card deposits can be read below from the latest newsletter:
“2 Exciting News… Credit card deposits and Facebook Contest
I have 2 exciting news that I would like to share with everyone at GulfReserve. As promised in earlier newsletter that we will soon be accepting CC payments via AlertPay, well this option is already available now. Secondly I would like to announce our new FACEBOOK contest:
Surprise : FACEBOOK Contest has just Began!
Yeap, I didn’t mention this anywhere earlier but its a surprise dedicated to all those people who decided to support GulfReserve and join our page at Facebook. So it goes like… Our representative at Facebook will raise a question everyday and 1 lucky winner will be rewarded with $10 USD bonus upgrade worth of LibertyReserve or PerfectMoney in our Long-term plan.
And if you didn’t already join our page at Facebook, then it not too late yet and you can still participate:
http://www.facebook.com/pages/Gulf-Reserve/209901512378189
Credit Card Payments are NOW ACCEPTED!
It was only yesterday when I announced our plan to start accepting deposits using credit cards thru AlertPay and few minutes earlier I heard back from AlertPay and got the desired “green signal” to start accepting CC payments. This whole procedure is very simple and any one can deposit money using credit cards, instantly!
In last days I noticed sudden situations with other investment programs having problems with AlertPay and then investors started to lose confidence on such programs due to all the mess coming from AlertPay but I can assure that this will NOT be happening with GulfReserve cause we are already verified and have passed thru all the necessary documentations and verification procedures, so you can stay confident!
Regards, Alina.”

Unfortunately, WABFunds has stopped paying and has been moved to Problem status on MNO already, just like I predicted yesterday. Please do not invest there! The program lasted for less than a month and proved to be an ugly scam where nobody profits in the end. Please do not invest there anymore!

I have been paid the last payment on my deposit in the only investment plan offered by MGFunds – 3% for 45 calendar days – and redeposited some money today. I must say that the admin became more active recently as his program was reviewed on several sites. Also the rating page of the program has been updated on which was reported on the site of MGFunds recently in a short update:
“Rating page updated :
Check out our latest promo events in Rating page and post a feedback.”
I remind you that more on MGFunds which by the way accepts AlertPay, SolidTrustPay, LibertyReserve and PerfectMoney can be read in my detailed review of the program posted on MNO here.

Unfortunately, I was right about ViscoCorp (reviewed here) which apparently changed the plans retroactively and anyone who hoped to receive 225% from their deposits were deceived by the admin and only received 150%. I remind you that a few days ago it was announced by the admin that everybody who invested in the 1.5% for 150 calendar days plan would be paid for 100 days only. So you were effectively going to lose 75% of the potential profits when originally joining. I think that only proves they have some serious cashflow issues as no explanation was provided. I believe that such a move together with the recent introduction of a 120 day plan paying on expiry could potentially save hundreds of dollars for the program and extend its lifetime but at the same time it can not be taken lightly by investors who feel cheated and will never reinvest with them again. I will be watching the situation with ViscoCorp carefully and will update you on my blog about any changes that might happen. I remind you that the main plans ViscoCorp is currently offering for LibertyReserve investors are – 1.5% for 100 days, 2% for 150 days, 2.5% for 200 days, and 3% for 300 days. There is another three plans where you will be paid a single payout on expiry include the following – 1260% after 180 days, 960% after 120 days, and 120%-150% after 15 days.

Here are the list of the programs that paid me for the last 24 hours currently listed on Paying status on MNO monitoring:
LucrativaFund, GorgonProjectInvest, EurexTrade, Insectrio, EarnoSphere, GulfReserve, HighEarn, MAHIFund, MGFunds, InvestNetGroup, SiliconValleyGroup, EliteAlliance, EurosFund, CyproRealty, PrimFix, FixedMonthlyIncome, StockBiz, SquareBoxTrends, OSWealth, PermanentProfit, Opulentia, ViscoCorp, UnicornInv, BrantonsGroup, UmProfit (the first instant payments received), GrowingForex (the first payments received) and UsefulInvest (the first instant payment received). Please note that the last three programs are the new additions to MNO listing and you can get more information on them by visiting my monitoring page here.

That’s about all the news for today, guys. See you on MNO with the latest news from the HYIP industry and possibly some new additions to my monitoring list again tomorrow. Have a nice evening, everyone!