02/02/2013. PureIncome Review and Daily News from the Industry

Beware! PureIncome have stopped paying! Do not invest there!

Hello everyone! Hope you’ve all been having a good weekend so far, whatever you’re getting up to or wherever you’ve been doing it. So for the second post for the day, I want to bring you all the main news stories from around the industry as usual but also take a closer look at a new long term HYIP joining my monitor called PureIncome.

Sorry to start the review on a bad note, but to be blunt the PureIncome admin couldn’t have made this more difficult to understand even if he tried. I mean the investment plans should always be the simplest and most obvious feature to any program, as they are the first, the most important, and in many cases the only thing a lot of investors will be looking at. And while I can honestly understand why the admin of any one given HYIP would prefer to distance himself from the wider HYIP industry and not be associated with it (or at least make yourself look different from the competition), I feel the PureIncome admin has gone a bit far and simply over complicated something that should really be very easy. Despite some years experience in the industry it even took me a while to work this program out, so I can only imagine how the casual observer is left scratching his head in confusion. So I’ll try my best to explain the plans for you here, but if they’re not exactly as you expected them from looking at the website then contact the PureIncome admin directly for further clarification.

So to start with you can join PureIncome for a $10 minimum deposit. The program has basically modeled itself after a sort of mini stock exchange, where members are invited to buy and sell stocks and bonds in the available plans. Earnings from these plans can vary from day to day depending on the fortunes of the company, with higher dividends being paid on the better days and lower dividends being paid when there’s a bit less money flowing through. Not a bad strategy to be fair and one that’s served other HYIPs very well in the past, in some (albeit rare) cases even for years. Will that be the case with PureIncome though? Well, I guess it’s possible but without wanting to keep repeating myself the admin would have to make the program a bit more accessible before it really opens up to a mass audience.

Plans run for 180 calendar days, with PureIncome making daily interest payments. Interest rates vary, so there’s no way of calculating exactly what you might eventually earn. There is a built in calculator that gives you an average, though this is obviously just a suggestion and not to be depended on. Payments are made 7 days per week, though are made at a significantly higher rate on business days and drop to a lower rate at weekends.

You have three individual plans to choose from, though you are of course free to combine them if you wish. They are described as the purchase of shares, the purchase of bonds, and the purchase of companies. But I’ll try and translate that back into terms more friendly to the average HYIP investor for you here. So if you chose the shares option, what you are really joining is an on expiry plan of 180 calendar days. Few if any experienced HYIP players would knowingly join a plan like this as you apparently don’t see any return until you leave, but that’s up to you. For the duration of the term interest is accrued in your account and can be anything from 1.6% to 2.3% per business day, dropping back to anything from 0.5% to 0.7% over the weekend. This builds up in your account for six months before you are allowed to withdraw, so without trying to sound too cynical I think you can all see the potential drawbacks of joining that one.

PureIncome‘s second option of buying bonds however is much more favorable. You can still join for a $10 minimum, but this time for the 180 day term you are allowed to make daily withdrawals. The rates vary and while not as obviously profitable as the shares option, you do at least get some cash into your hand on a day to day basis. Rates start from a minimum of 1.2% per business day but can climb as high as 1.7%, and then on weekends drop back to between 0.5% to 0.7%.

That’s really the only plan I could honestly recommend, because as far as I can understand the third plan it basically a lottery. I mean PureIncome don’t actually call it that, but that’s kinda what it looks like to me. What happens is you first decide how much you want to spend. In return for that amount, you are given shares in a fictional unnamed company. You are given the appropriate number of shares as they are valued on the day – so if you spend $100 and shares are $10 each at the time, you get ten shares. If they happen to be $5 at the time then you are given twenty shares. But the nominal value of the shares on the day you buy them is largely irrelevant, what matters is how the price rises and falls, and what they are worth when you decide to cash them in. by PureIncome‘s own admission the gap can be simply enormous, with prices potentially rising by as much as 7% in any one day, or falling by 7% over the same period. As we are not talking about real companies here there is no way you can gauge the potential ups and downs of “the market”, and prices are largely dependent on the whims of the PureIncome admin. So if you really have to join this one, better hope he’s feeling charitable on the day you decide to cash out!

Other than the plans themselves being a bit cryptic, something else that’s not going to endear the program to investors is the woeful choice of payment options. The days when especially long term HYIPs got away with just offering LibertyReserve and PerfectMoney are long gone, but that’s all PureIncome have available. I wouldn’t mind but it’s not as if this is a difficult thing to fix or anything. I also know that LR and PM have their fair share of fans, I just don’t see the really bigger investors coming anywhere near this one unless the choice is improved, and drastically so. PureIncome might have gotten away with this a year or two ago, but investors rightly expect better these days. Payouts to members are made manually by the admin and subject to a $0.25 minimum withdrawal. You are required to log in to your PureIncome private members account area and make the request yourself, and after doing so are asked to allow anything up to 48 hours for the transaction to be fully processed. Please note that PureIncome do facilitate bank wires, though as a totally different set of rules will apply here (minimum/maximum spending levels, transaction processing time, and so on) you should really contact the admin directly to discuss this in more detail.

Just one other thing you should know about the PureIncome investment plans before joining is that interest payments are always credited at the same time every day to all members. This doesn’t translate into cash in the user’s pocket mind, as I’m not talking about an actual withdrawal payout here. I just mean the interest should show up in your PureIncome account at the same time every day. How you manage the withdrawals to your preferred payment processor is a separate matter entirely and totally up to you, and you can do that at whatever time you please.

I was a bit more impressed with the design and security features in PureIncome though, which are first rate and look very professional. The hosting is on a dedicated server with protection from DDoS attacks provided by BlackLotus, and the website is under a further layer of security with SSL encryption by Verisign allowing for safer browsing and more secure transactions. One of my own favorite features though is definitely the script. It’s totally unique and very impressive, after being custom made for the program. There’s an extensive FAQ section should you have any further questions, but if you need to find the admin for anything not covered there or more serious account related issues then you can get in touch with PureIncome by a couple of different methods. The main one is by filling in your details in the online support form and submitting it, or else just my mailing them directly at the email address listed. If you think someone’s really going to answer then you’ll see a telephone number you can try your luck with, plus the PureIncome website comes with a built-in Live Chat feature though I really have no idea if it ever works or not. All I can tell you for now is that it’s not a 24 hour service, but as to exactly when or even if it’s ever open to members I can’t say right now as I haven’t seen it in use myself. But it this is ever clarified by the PureIncome admin then I’ll be sure to let you know right here on my blog.

Website content and texts are quite original, but despite them being quite extensive it’s a case of “talking too much but saying nothing”, in other words PureIncome have very little practical information you can use. Or even verify for that matter. So as is always the case in this business, don’t expect guarantees, the lower the admin tells you the risk is actually means the higher, and so the more successful players only ever invest an amount they can comfortably afford to lose based on their income. And of course if joining PureIncome at all then it’s best to keep them as a smaller part of a wider more diverse portfolio.

DAILY NEWS FROM THE INDUSTRY

CASHHUB – FIRST SUCCESS AND PROMO CAMPAIGN LAUNCHED

I can confirm that despite being advertised only on Standard listing on MNO, CashHub attracted more readers than I originally expected with their plans of 104%-125% after 1 day, 38%-60% for 3 days, 132%-370% after 7 days, 170%-700% after 15 days, 250%-1500% after 30 days. Due to the admin’s request the CashHub review will be posted on MNO only next week, but even now I can see members enjoying fast returns to SolidTrustPay, EgoPay, LibertyReserve and PerfectMoney accounts. Today saw the first newsletter issued with some stats made public as the admin noted the most popular plan is that of 38% to 60% interest for the duration of 3 days. He also mentioned an advertising strategy in place to ensure the stable growth of CashHub for a longer time and that he purchased the services and banners of some popular HYIP monitors, including MNO. There was also a pun on other admins possibly jealous of the initial success of CashHub and trying to undermine them. A daily occurrence for the better programs by now, and one I hope the admin will deal with. I’ll have a more detailed review of CashHub on MNO soon, but meanwhile you can read the first newsletter in its entirety below:

“CashHub Newletter
Dear CashHub members,
This is Rick Follier and this is CashHub’s first newsletter of many more to come in the following months. I am very proud to report CashHub’s performance for this week. CashHub has been online since the 28th of January and as of this day there are a total of more than 1,600 accounts of which more than half are have active deposits. Within 5 days of operation, the total deposits already amounted to $79,000+ of which most have been invested in the plan CH2 – 60% Daily for 3 Days which seems to be the most popular investment plan of CashHub. Total withdrawals amounted to $42,000+, which I processed in a fast and organized way wherein members would feel secure and have peace of mind for their investments.
As you can see, CashHub started with little or no promotion at all. With even no promotion, people trusted our program because it is unique from others. You can see all the testimonials of satisfied members in the forums, monitors, and Facebook group. Our marketing managers have a well thought out plan for the promotion of CashHub. We only employed the services of top monitors and blogs that are not just accurate, but reliable as well. We have just put up banners in most of our monitors which will expire in 2-3 weeks.
It is not surprising that many people, or if I may say other admins, would be jealous of the success CashHub and its members has obtained in such a short period of time. My current Facebook account has been locked due to reports from these jealous people. I am very happy that members are very supportive, and that makes me inspired to work harder for CashHub and its members. We are going to migrate to a new Facebook group in which the same problem will not happen again as I have thought of a fail-safe plan that will keep our Facebook group safe from attacks from these people. I will not retaliate to the actions done by these people as it is not the right thing to do, I will just let my members and the payment proofs they post speak for me. Please leave the old Facebook group and join the new one: http://www.facebook.com/groups/419039668173737/. Again before I end my newsletter, I want to extend my sincerest thanks and appreciation to all the members for keeping CashHub strong and growing.
–Rick Follier, CashHub Administrator”.

AIRCARGOXPRESS – STEADY DEVELOPMENT CONTINUES

After being online for seven weeks now AirCargoXpress (reviewed here) showed some amazing results by completing several investment cycles and successfully paying principals on expiry of the two short-term investment plans – 2%-3% for 10 days or 3%-4% for 15 days. With some recent issues with their old hosting provider and relocating to BlockDos servers AirCargoXpress has been steadily moving forward all this time and processing payouts promptly to all processors – EgoPay LibertyReserve, PerfectMoney, and SolidTrustPay. Slowly growing for the first few weeks the admin finally decided to change strategy and started advertising more heavily on various HYIP-related resources as reported in the today’s newsletter. In addition he also expressed his gratitude to MNO for always updating members of AirCargoXpress with the latest news, reported about some improvements on the program’s Facebook page and hiring a new member of staff for more efficiency in customer support. More new features in AirCargoXpress are promised next week and I’ll report them on MNO in due course. Here’s the latest news from the admin:

“AirCargoXpress Newsletter
Greetings Dear Investors,
At the start of this wonderful month we would like to update you with our recent news. January wasn’t an easy month for our organization since we had to deal with some unprofessionalism from our hosting providers and also intimidation from our competitors. Certainly all of these problems have been solved but we would still like to say thanks to all of you for not losing hope during occurring events.
Special thanks we want to express to Administrator of MoneyNewsOnline Blog, Paul, who kept updates about our organization in timely manner. We really appreciate such professionalism in people we cooperate with.
Unconditionally our organization continues moving towards the top of online investment industry. Our team is always ready and welcomes any challenges industry prepared for us. And all of it has been done in order to create the best opportunity for every person committed to our idea and views on money management. Without you all of these would not be possible!
For now we have very strong and firm base. During last week’s tests we confirmed flawless work of the system without any problems.
Also we’ve added small addons such as Facebook like box where you could show your recognition of AirCargoXpress. One more support operator has been hired due to extensive interest from investors.
We really appreciate your support and dedication to our organization!
This week we have launched our monthly advertising campaign in the different sources: forums, monitors and reliable blogs. As you might already noticed, new monitors were added to keep our status up to date with voting possibility. Your votes and comments are highly appreciated by our team.
Next week we are going to add testimonial and career pages so you will have an additional way to earn more money.
All withdrawal requests have been paid in time.
If you have any questions or suggestions about our service, please let us know.
We wish you a wonderful weekend!
Kind Regards, AirCargoXpress team”.

FATPROFIT – LIBERTYRESERVE ACCOUNT LIMITED

I already reported the malicious activities of LibertyReserve who can routinely limit or block any account and seize any amount of money without any reason. Just today another incident occurred with the admin of FatProfit who reported the limitation of his LibertyReserve account that temporarily caused disruption of instant payouts to members there Don’t worry – the admin of FatProfit apparently has a fat wallet to go with it and didn’t use this limitation imposed by LR as an excuse not pay pending withdrawals. Instead he opened a new account with LibertyReserve and processed the pending withdrawals there. I myself am planning to review FatProfit by tomorrow and so far am thoroughly impressed by instant withdrawals on the 10% for 15 business days to LibertyReserve, PerfectMoney, SolidTrustPay, and EgoPay. I also appreciate the admin keeping members in the loop on what’s happening and was glad he reacted quickly to that LR problem. Stay tuned for my review of FatProfit and read the latest news from the admin below:

“About Libertyreserve Withdraws
Hello Everyone,
All Libertyreserve withdraws went to pending in the past 12 hours. It is because Libertyreserve suddenly limited our Libertyreserve account without any reason. We have sent a support ticket to Libertyreserve to get our old account unblocked. Now we have changed our Libertyreserve account to a new one, and all pending withdraws processed. And you can get instant withdraws again to your Libertyreserve account. Sorry for any inconvenience caused to you.
Sincerely, FatProfit Admin”.

HURRICANEASSETS – SOLIDTRUSTPAY AND EGOPAY ADDED

Good news today for anyone who liked the HurricaneAssets after reading my review posted a week ago (here) but were put off by the limited choice of payment processors which then included only LibertyReserve and PerfectMoney. Over the last few days the situation has greatly improved with EgoPay and then SolidTrustPay having been added to the list of the accepted payment processors. Another great feature about HurricaneAssets is that you can deposit via any payment processor (except PerfectMoney) via either dollars or euros, so some investors based in Europe might find it quite enticing. Plans include 0.9% for 30 business days and 1.1%-2.4% for 150 business days. The minimum to invest is different for any plan but you can start with as low as $10 and your original investment is returned on expiry. Also remember that you can always edit your account profile to add your new EgoPay and SolidTrustPay accounts in the member’s area, so to be able to fund your account and then deposit into the chosen plan. Here’s the two latest updates on the current expansion of the HurricaneAssets‘ payment processors list:

“SolidTrustPay Is Now Available
In response to our customers preferences and requirements, we are introducing an additional payment processor SolidTrustPay. SolidTrustPay provide you with many options to securely deposit money into your account: Bank Wire, Credit/Debit Card, Cash or Direct Bank Transfer.”

“EgoPay Payment Method
Due to popular demand we have decided to add EgoPay as an alternative payment method.”

GOLDENPAYMENT – MEMBERS SUGGESTIONS WELCOME

A short message was sent today by the admin of GoldenPayment Dennis who was interviewed on MNO just a few hours ago (read it here). After the addition of SolidTrustPay and EgoPay the following day of the review of GoldenPayment being published on MNO (read it here) to LibertyReserve and PerfectMoney GoldenPayment has enjoyed increased attention from the investors. Although still, paying on 105% after 1 day, 120% after 3 days, 150% after 7 days, 325% after 15 days – the admin proved that he’s open to suggestions to improve the program. According to Dennis, you can email him with your suggestions which will be carefully considered. Here’s the latest newsletter:

“GoldenPayment Suggestion Box
We would like to let everyone know we are accepting suggestions on what you think would make GoldenPayment better feature wise, etc. We have added EgoPay and SolidTrustPay after receiving numerous requests over the first few days of GoldenPayment. We want to hear from you on what else you think would make for a good addition. Feel free to respond to this email with your suggestions!
GoldenPayment.”

PREMIERLEAGUEPROFITS – BLACKMAILING THREATS AND DEPOSIT BONUS PROMISED

Despite the admin’s assurance that PremierLeagueProfits is growing steadily and is slowly becoming one of the “leading arbitrage betting platforms” I cannot find any particular interest in the program from MNO readers. I believe that by paying such low returns as PremierLeagueProfits(reviewed here)  is offering (1% for 180 business days and 7% for 30 weeks with the principal return on expiry) one should expect better quality in order to spend money there and wait for five months until getting to break-even point. Programs like PremierLeagueProfits will not be noticeable immediately, but rather become popular with time and I hope that the admin realizes that and will keep paying. In today’s newsletter he reported an attempt to cheat him with fake LR withdrawals which were obviously never paid to his account and then threats to post fake screenshots in public forums and destroy the program’s reputation. I don’t think it’s going to work as the admin perfectly realizes the power of media and made the first move by making these threats public, so no one is going to believe the blackmailers.

I’m concerned about the $10 principal bonuses though that were announced by the admin to those who would invest at least $20 in the program via SolidTrustPay, EgoPay, LibertyReserve or PerfectMoney. I think steadily developing programs usually don’t need such costly gimmicks and if they really want to grow they would better pay promptly and earn a reputation, instead of those tactics. Anyway, I do believe that PremierLeagueProfits is too new to scam so soon, so I wouldn’t take these bonuses as a bad sign. At the same time, remember to always be cautious and think about why an admin offers incentives while claiming his project is growing as PremierLeagueProfits claim in the following newsletter:

“Weekly Update From PremierLeagueProfits
Our steady growth continues with new members joining daily and investments increasing, that is just how we planned things. All payments are up to date and we want to remind you that there is no interest paid at weekends when our team are busy with the many football games taking place.
We had two annoying e-mails from different people, both saying that they had invested a large sum of money via LR and it had not registered in their accounts, when we checked no money had arrived in our LR and in both cases the screenshots they sent us were tampered with as the times did not match the details they sent, both of these members threatened to post negatives unless we credited their accounts. We can’t believe some of the tricks people get up to trying to extract money from us. We are running a good honest service and everyone gets paid so we expect our members to be honest as well. We have good security measures and you can be assured we will not be giving money to fraudsters.
Anyway apart from that it’s been very much a good week here and because of this we have decided to give all investors who have invested $20 or more (Except Monitors) a bonus $10 deposit in the daily plan. This will be added on Monday after the weekend betting is complete, this will give members who have not yet invested a chance to give us a try by making an investment or anyone with just a $10 investment to upgrade a little to take advantage. This is not a gimmick just a genuine thank you bonus for helping to make PremierLeagueProfits one of the leading arbitrage betting platforms. So you have until Monday evening to invest but for members already in with $20 or over you need do nothing as your accounts will automatically be credited with your new investment.
That is all for this week and we hope you have great weekend and enjoy your bonus.
Tony Admin”.

ALEVRASINVESTMENTS MOVED TO PROBLEM, AVAFUNDS CONFIRMED SCAM!

After days of complications with instant withdrawals to LibertyReserve it looks like AlevrasInvestments faced them again as since last night my withdrawals to LR went to pending status both times I requested them. The admin used to pay after being reminded, but today it didn’t happen for some reason. Since the oldest withdrawal has been pending for over 24 hours now I have no other choice but to move AlevrasInvestments to Problem status on MNO and warn against further deposits. It’s already the second change of status for the program in the last week, but I’m not going to leave it as it is, especially considering the admin had a lot of time to fix the problem, or at least change the rules and tell members withdrawals are processed manually for a while. It didn’t happen and the admin is still silent, so I can only assume the program is gone for good after being online for less than a month which is a poor result at best. I’ll let you know tomorrow if anything changes, but not then it goes to Scam status.

That already happened with AvaFunds. Having been flagged already as the biggest failure of 2013, the admin didn’t even think of resuming payouts today despite the fact that after a long waiting period the members’ accounts were actually credited with the first 15% daily earnings. I believe the damage is done and irreversible now, as I didn’t get any payout reports from readers on the MNO ShoutBox, nor did I see them on investment forums. It’s a shame that what was such a good quality program like AvaFunds was in the hands of such an utterly incompetent admin who had a complete lack of d – BLACKMAILING THREATS AND DEPOSIT BONUS PROMISEDetermination. Then again maybr /br /pbe it was just plain stupidity and an inability to run a simple program and cope with the obstacles they all face along the way. It’s only unfportunate that the investors are the ones as always to suffer from such ineptitude, but at least it happened before too may people got caught.

GET PAID REPORT FOR 02/02/2013

Here is the list of the programs from my monitor that paid me for the last 24 hours:
From MNO Sticky list: ProForexUnion, MGProfit, OilOfAsia, BerkeleyFinanceGroup, VFinance, FinanciaLtd.
From MNO Premium list: EurexTrade, StallionGold, DiamondAsset, 4FXInvestment, Stravia, VisitAd, RoyalIncome, GoldenPayment, PerfectForex, Black&WhiteFund, Profitable2013, RewardsWeekly.
From MNO Standard list: CashHub, PureIncome.
From MNO Basic list: TrackInvest, XtremeRichness, CheeseCash, EasyGrowth, InvestmentCapital, MainaLimited, Finance7, Money&Credit, TheInvestmentBank.

That’s it for tonight but plenty more to come tomorrow starting with an interview with the admin of VisitAd (you can read my full review here), a detailed review of FatProfit, and read all the latest news from the industry. Stay tuned and see you later!

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