Sep 14th, 2011 Archives

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BEWARE! LargeProfit has stopped paying! Do not invest there!

Hi guys! I have a huge backlog of work to get through on MNO this week so I’ve decided to do two updates today. I have some news updates for you now and I’ll have anything else that happens during the day later on tonight as well as a closer look at another new short term program (so make sure and check back later for that). But first I want to start with a short term game called LargeProfit, something that will I’m sure be instantly recognizable to regular short term HYIP players. They’ve got the usual mix of plans that vary from something genuinely achievable (if ultimately unsustainable) in the short run to something utterly ridiculous and not worth even thinking about.

We’ll start with a plan that runs for just 1 single calendar day, and a plan that’s already put the first LargeProfit investors including myself into profit. You can join it for a minimum deposit of $10 expect to get an interest payment on expiry that includes your principal. A rate of 105% is offered on all deposits up to a value of $200, and for anything above that the following rates are applicable:
106% on deposits from $201 to $500, 107% on anything between $501 and $1,000, and 108% on amounts from $1,001 to $3,000. If you’re serious about risking more than that then see the LargeProfit members area for further details.

The next plan runs for a term of 4 calendar days and can also be joined for a $10 minimum deposit. LargeProfit pay once on expiry and will include your principal as part of the payment. Interest rates vary according to how much you invest and will start with a basic 122%, or 22% profit, for anything up to $200. Or for larger investments the following rates will apply:
126% for $201 to $500, 130% for $501 to $1,000, and 134% for anything between $1,000 and $3,000. Again if going beyond that level then look at the LargeProfit members area for more information.

Your third option runs for 7 calendar days. The minimum deposit required to join remains at $10 and the return is still paid just once on expiry, including your original principal as part. For anything up to a $200 spend LargeProfit are offering 142% paid back in return, or 42% net profit. Should you wish to gamble with a little more then the following offers are made:
Deposits from $201 to $500 are offered 149%. Anything between $501 and $1,000 is offered 156%, and deposits from $1,000 to $3,000 are promised 163%. Should you wish more information on larger deposits then see your account area within the program.

LargeProfit‘s fourth plan runs for 16 calendar days and also pays once on expiry. Deposits from a $10 minimum up to a value of $200 are promised a return of 204% paid on expiry and including your principal. Or if you want to make a bigger gamble they offer the following rates:
220% on deposits between $201 and $500, 236% for anything between $501 and $1,000, and 252% for amounts from $1,001 to $3,000. For the rates available to bigger deposits (there’s no maximum this time either) see your account area.

Next we have a plan that runs for 31 calendar days. The minimum spend is still $10 and for anything up to $200 the rate is 317%, principal included (paid on expiry). That may at a stretch be possible for smaller deposits – assuming LargeProfit survives that long in the fist place of course – but I think it’s better to stick with the shorter term plans where you will at least stand a chance of getting something back instead of being greedy and losing everything. For your information however, the other rates being offered include 348% on deposits of $201 to $500, 379% on deposits from $501 to $1,000, and 450% on anything from $1,001 to $3,000. Again you’re free to spend more if you really want to and you can see the rates from inside your LargeProfit members area.

And finally something I’ll include partially for your information and partially for your amusement. Whatever about the long term feasibility of the earlier plans, the final one is expressly designed to take advantage of the greedy and the gullible. For any deposit from $10 to $50,000 LargeProfit offer an on expiry payment of 10,000% interest after 60 days. I’ve always been puzzled as to who exactly joins these things, but there you go. Anyway, just because this one might be ridiculous doesn’t mean that some of the shorter term plans can’t get you a small but achievable profit (as has already happened in some cases).

Aside from the plans I think the other main features of LargeProfit are also kinda predictable at this point I think. Then again maybe you can say the same for a lot of what goes on in the HYIP industry. Take the payment processors for example, LargeProfit is only taking LibertyReserve or PerfectMoney. Payments will need to be requested and once made you should take note of the clock displayed on their website. Well, I suppose it’s more of a counter than a clock but I think you know what I mean. It counts backwards from 24:00 hours to 00:00 hours every day, with payments being made when it reaches zero.

The LargeProfit website is SSL encrypted and is running off a script under license from GoldCoders. The hosting provider is AntiDdos who seem to specialize in short term games like this one as I don’t believe I’ve ever seen anything else on them. Anyway, their track record seems solid enough in terms of uptime and site security, though this of course has no bearing whatsoever on what the admin does with your deposit. Should you need to contact him with any questions or account related issues then the only way of doing so is by filling in the support form on the contacts page and submitting it.

Needless to say there’s no serious business plan here, despite a single mention of the word “ForEx” which in no way could support those rates even if it were true (which it isn’t) so as always treat LargeProfit with the same caution as you would any form of gambling, which is basically what you’re doing by joining. So remember to set yourself a suitable spending limit that you can afford and stay within it, and always try to diversify.

DAILY NEWS FROM THE INDUSTRY.

There is not much news to start today but like I said above I’ll have the rest of it later this evening. But I want to begin with another lame attempt to impersonate me by the same person who also did it yesterday for GPI and sent a newsletter allegedly announcing a new investment plan paying 150% after 1 day but asking you to send money directly to his LR account. Well, obviously it was a scam but I don’t know who was going to buy it anyway because GorgonProjectInvest stopped paying completely last week. Today’s email sent from the same scammer is quite sophisticated in structure. It looks like it was sent from paul@money-news-online.com which the person trying to scam readers emphasizes is truly mine when trying to persuade you to give him your money and invest in some fund which I never ran and not going to. However, there is a simple way to disguise the sender’s email and confuse the recipient. The real email can be easily verified by clicking on “Show Original” in your Gmail account. So what did we see there? Return-Path: hyipmon@dedicated.koddos.com This is absolutely the same email from which the last night’s scam offer allegedly from GPI was sent. Please do NOT send any money to anyone pretending to be me and telling you he was running an investment fund, because I’m neither doing it nor sending unsolicited emails to my readers. The only way when you will receive a personal email from me is when you contact me first, please ignore all others for your own safety! I would also like to give you an example what was received by some of MNO readers today so you know what to avoid:
Hello, This offer is only for MNO downlines and my blog readers. Please note that there isn’t a website for the program like we have seen for all HYI programs, instead of it, investments are sent manually into my e-currency accounts. The reason of keeping the investment fund ‘offline’ is because of the security most programs have with hackers, etc.
There are two plans being offered at this time: 120% after 7 days, 150% after 14 days
Minimum to start with is $50, Maximum – $50,000
To invest your funds, please send the deposit directly to my LR/PM account mentioning the plan you choose in the MEMO.
– Liberty Reserve account: Uxxxxxxx
– Perfect Money account: Uxxxxxxx
My investments are diversified into sports arbitrage (speculating on different bookmaker opinions as they say), couple of high yield investments that I have selected to work for many months giving me high returns.
Please pay attention to the fact that there were several scammers trying to impersonate me before, so this time I’m sending you this e-mail directly from my blog’s local e-mail address to avoid any issues.
Best regards. Paul”.

FreedomFxStrategy just came online a couple of days ago (read my detailed review of it here) but the admin is already quite active and announced some new features already. Phone support was added which will be bilingual – English and Indonesian (which is probably the language the admin is fluent in, since it’s definitely not English judging by the texts on the website). Regional representatives of FreedomFxStrategy which are already available in several countries will also be at your service providing phone support. Chosen representatives can also enjoy some benefits which can be seen on the website as reported in the latest newsletter:
Hello my friends, we come there only to announce we added the phone support on our main page.
The language for phone support will be English and Indonesian and futures languages will be available.
But you can get phone support from our Regional Representatives, them can offer the same support.
We have actually regional representative on Austria, Indonesia, Germany and Russia. To get the details please visite our RRP page: https://www.freedomfxstrategy.com/index.php?a=cust&page=rrp
For now that’s is all, we will back later with more good news for you my friend.
Miguel. FreedomFxStrategy”.
I remind you that FreedomFxStrategy processes instant payouts to LibertyReserve and PerfectMoney on 1.3%-2.3% for 150 business days, returning your principal on expiry.

I must say that I had a really good experience with SportEarn (reviewed here) which has been paying me for 11 days already. Payments to LibertyReserve and PerfectMoney are always done instantly which is quite rare among short-term programs for security reasons. For me, however, SportEarn never failed to pay instantly and I always got payouts within seconds of request. I remind you that SportEarn is allegedly involved in sports arbitrage (hence the name) and offers investors high returns on short-term plans: 104%-106% after 1 day, 115%-120% after 3 days, 122%-135% after 5 days, 150%-175% after 10 days, 180%-220% after 15 days, 370%-500% after 30 days. Since the payouts are processed instantly it’s especially important to double-check that the accounts associated with your account in SportEarn are correct which was the topic for another short newsletter posted on the program’s website yesterday:
Account Numbers!
Dear investors! Please specify the correct data during registration. This is especially true account number in payment systems. Do not believe that responses are not confirmed. We have performed made payments to all without exception.

Due to regular and systematic complaints received from MNO readers regarding delayed payments from MGFunds which sometimes can be pending for as long as a month I have made up my mind to move the program to On Hold status on MNO. The program will stay there until all the complaints are satisfied by the admin and all the outstanding payouts are paid. Although I truly appreciate that the admin keeps replying to every single email by me at the same time I know for sure that he ignores the requests of regular members (not monitors) and doesn’t pay them for a long time. In the interest of fairness I find it inappropriate to keep the program on Paying status anymore, at least until all the complaints are taken care. I will keep you updated regarding the situation with MGFunds and am hopeful that the admin will solve the issues soon. At the moment, it’s obvious that any subsequent deposits in MGFunds cannot be recommended by MNO until further notice. Please take note!

After more than a month online I received a request to monitor a program called RegularBee – a weird name for an HYIP which appears more logical if you believe their story about investing “in bee raising and honey production for a long time, their apiaries are located in various regions of New Zealand”. Well, at least it’s something different from the usual Forex and stocks. As far as I know the script is unique and the withdrawals should be requested and paid within 24 hours of request. You will get daily interest at the same time on the three plans each of which has different minimum to invest – 1.2% for 25 days, 1.5% for 60 days, 1.9% for 90 days. The minimum starts from $1 which can be deposited via AlertPay, LibertyReserve and PerfectMoney. The principal is returned on expiry and to increase your profits from the program you can also enable compounding. RegularBee is hosted on a dedicated server by Dragonara and is SSL-encrypted for further security of members’ accounts. More on the program you will be in the upcoming review on my blog. For now please see the latest newsletter dedicated to the first successful month online which was released to all the members of the program two days ago:
First results
RegularBee has summed up the first results of the investment project. We are happy to inform all investors about the high rates of project development. After the first month of work, our hives began to bring even more delicious and high quality honey.
All the investments were immediately directed to further development of company’s hives. We have obtained excellent results, and are not going to stop there.
Our investors who have already received their first income, had a chance to see that. RegularBee plans to increase the size and number of bee-keeping apiaries, and multiply the production volumes of quality honey.
We would like to thank all investors for their trust and choice of RegularBee project as a business partner. Without your investments, we could not have achieved such high results. Today, there is no doubt that the profits from honey production will grow together with the expansion of our apiaries. This means that the income from each participant’s investment will grow, too. Let’s grow and make money together!

Yesterday I was paid by the following programs listed on MNO monitoring:
Divatri, WinnerEarn, MGFunds, BetForInvest, HitNRunMasters, GainRace, PerfectLottery, TrustIncome, BrantonsGroup, BruyetteInvestment, After60Days, EurexTrade, InvestNetGroup, PowerfulStrategy, ReProFinance, UnitrustDirect, AGSTrade, FreedomFxStrategy, FIPO, HyperCompound, IceProfit, MirexGroup, SportEarn, RichesBank, SafeDepositary, PermanentProfit, NeoProgress, PrimFix, OnlineInvestmentBank, LargeProfit, SuperHotPay, GlobalFxTrades and ViscoCorp.

That is all I have to report to you at the moment, but stay tuned for more news and another review on MNO tonight. So don’t go too far and I’ll see you later!

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