15/04/2013. TrustedTradersLtd Review and Daily News from the Industry

Beware! TrustedTradersLtd has stopped paying! Do not invest there!

Hello everyone! Hope you had a good weekend and are looking forward to the new business week and getting back to work. I don’t know about you but I sure hope this week is going to be better than the last one. I must admit it’s at least gotten off to a bright start anyway as you may have noticed a couple of new programs listed on my monitor already which I want to discuss in the coming days. I’ll start today with one called TrustedTradersLtd, a name I believe many of you will recognize already if the feedback I’ve been getting is anything to go by. Not exactly a new program, well, not brand new anyway relative to the investment plans, TrustedTradersLtd is online for just under a week now which is long enough for a couple of their plans to put some of the earlier members into profit by now. So before we get to the news section I want to take a look at exactly what TrustedTradersLtd have available plus their other main features and see if you think they might be worth taking a chance on and adding to your portfolios.

There’s a wide range of plans that all pay on expiry and I think many of you will recognize the style, with some being quite lucrative and indeed already making some good profits for TrustedTradersLtd‘s early members, and others being somewhat less likely to be worth the risk. Though having said that, all but one of the seven plans on offer from TrustedTradersLtd comes with an affordable $5 minimum making them affordable at least. The first of these plans runs for a term of just 1 single day and makes one interest payment on expiry, a payment that includes your principal. So join today and get paid tomorrow. The minimum cost of joining is as I said $5 and for anything up to a deposit of $499 TrustedTradersLtd offer a return of 105%, or 5% profit. You may make a larger deposit if you can afford to, and expect a higher percentage in return. The rates are calculated as follows:
Deposits of $500 to $999 will earn 106%, from $1,000 to $1,999 will earn 107%, and from $2,000 to $4,999 will earn 109%. Check the TrustedTradersLtd members area for information on larger investments if interested.

The second plan runs for a term of 3 calendar days and differs from the others by making daily payouts. The same $5 minimum deposit is required to join and for anything up to $499 TrustedTradersLtd are paying back 40% interest per day, so that’s 20% profit for yourself. For bigger deposits the following rates are offered:
42% per day for deposits between $500 and $999 (26% profit), 45% per day for anything between $1,000 and $1,999 (35% profit), and 50% per day on $2,000 to $4,999 (50% profit). For the rates available to bigger deposits I suggest you see the TrustedTradersLtd members area.

TrustedTradersLtd‘s next plan pays after a term of 5 calendar days and gets back to paying just once on expiry so your final payment will also include your principal. The minimum cost of joining is $5 and the return will be 134%, principal included, on anything up to a maximum value of $499. If you’re feeling lucky and wish to take a bigger risk then TrustedTradersLtd make the following offers:
Spend from $500 to $999 and earn 138%, from $1,000 to $1,999 and earn 144%, or from $2,000 to $4,999 and earn 172%. Again check out your TrustedTradersLtd members area to see what they offer to investments bigger than that.

For TrustedTradersLtd‘s fourth investment plan the minimum deposit stays at just $5. It runs for a 10 calendar day term and offers you 156% interest, paid on expiry and principal included, if depositing up to $499. Beyond that the rates are:
167% for $500 to $999, 178% for $1,000 to $1,999, and 229% for $2,000 to $4,999. Larger investments are accepted so for information there see the TrustedTradersLtd members area.

Next up is a plan that runs for 25 calendar days and I think it’s from this point on that things begin to get seriously unrealistic. The minimum deposit is $5 and for anything up to $499 the rate being offered is an unlikely 749% on expiry. Higher rates include:
808% for $500 to $999, 962% for $1,000 to $1,999, and 1464% for $2,000 to $4,999. And if all that doesn’t sound impossible enough for you then check out the TrustedTradersLtd members area for even less likely figures.

This is followed by a plan running for 37 calendar days, again making a single payment on expiry that includes your principal. Anything from a $5 minimum up to $499 is offered 1295%. Deposits between $500 and $999 are offered 1576%, $1,000 to $1,999 are offered 1857%, and $2,000 to $4,000 are offered 2138%. You can check your TrustedTradersLtd‘s member’s account area for details on anything bigger than that.

TrustedTradersLtd‘s final plan is something I’ll just mention for information purposes. For an increased $100 minimum investment this time they offer one single payment of 5,000% after 55 days on all deposits up to $100,000. I guess I hardly need to state the obvious and tell you the only person likely to make any money from this plan (probably some of the other longer term ones as well) is the admin. If you disagree with me you’re free to join if you want. It’ll just cost you $100 to find out if I’m right though.

If there’s anything there you might be interested in joining then it’s a safe enough assumption to say you’ll probably like the choice of payment options as well. As we’ve come to almost expect at this stage any new HYIP that wants to be competitive and taken seriously should have all the main industry providers available for its members, and that’s what we have in TrustedTradersLtd. Currently they are using SolidTrustPay, EgoPay, PerfectMoney, PexPay, and LibertyReserve to handle deposits and withdrawals from members accounts. So I guess there’s little to complain about on that front and I wouldn’t expect there to be much call or reason for the list to be expanded. Payouts to members are made manually by the TrustedTradersLtd admin and so need to be requested from inside your private account area. Once done you are then required to allow anything up to 24 hours for all transactions to be fully processed.

On the technical and design side of things, TrustedTradersLtd is running of a script that’s been licensed from GoldCoders and their website is SSL secured by Comodo for safer browsing and more secure transactions. Hosting is on a dedicated server by MaxAntiDDoS. For any further questions or account related issues you might have, the only point of contact directly with the admin is by filling out the online customer support form on the contacts page and submitting it. Despite having a banner declaring that support is available 24 hours per day every time I clicked the Live Chat banner it’s offline, returning only the message that there are no operators working. There’s also a postal address which is – if genuine – unlikely to be more than a message collection/forwarding serviced office, plus a telephone number you can try if you really think someone’s going to answer.

Texts and website content are a straight copy/paste job used in numerous other online HYIPs so forget about there being any kind of a legitimate business plan backing the whole thing up. For the record TrustedTradersLtd claim to be involved with ForEx, stocks, and bonds, but chances are if a genuine financial services company was copying their design and texts from online HYIPs that would most likely make them either a very bad place to invest or another online HYIP themselves. The choice is yours but either way suggests caution. Treat TrustedTradersLtd for exactly what it is, understand the risk that goes with the potential reward, and stay well within a sensible spending limit that you can afford to lose. And if joining TrustedTradersLtd at all then try and keep them as a smaller part of a wider more diverse portfolio.

DAILY NEWS FROM THE INDUSTRY

EMPIREFINANCEGROUP – ACCEPTING DEPOSITS AGAIN

Regular readers will already know that EmpireFinanceGroup (reviewed here) announced about a week ago the disabling of the deposit option but at the same time allowing withdrawals that are still processed instantly to the LibertyReserve and PerfectMoney accounts of investors in their 1.3% for 45 business days, 1.5% for 80 business days, 1.7% for 100 business days plans. The admin went the extra mile by trying to persuade investors that EmpireFinanceGroup (that has been paying since 2010 and officially being the oldest program on MNO) and by that he means disabling and enabling deposits a couple of times already, probably thinking that the investors are too dimwitted to distinguish the real reasons for doing so. EmpireFinanceGroup is just a regular HYIP and not a bank or any other financial services providor. The program needs to keep funds flowing into the program every single day, but I guess the admin has found a very smart way of artificially limiting deposits temporarily thus creating some sense of urgency in investors’ minds and make the most of it at times when the deposit button is actually open, as it is now. So if you wanted to make a deposit in EmpireFinanceGroup last week and couldn’t due to deposits not being accepted, it’s time to do it now. For that you need to have a $50 minimum in your LR or PM accounts. Here’s the official short newsletter about the deposit function being restored in members’ accounts:

“We resume accepting deposits – EmpireFinanceGroup
Dear EmpireFinanceGroup customers, we are excited to announce you good news, from today (04.15.2013) we resume accepting new investment deposits.
EmpireFinanceGroup Support Department”.

306BZ – ANOTHER DAILY JOKE POSTED

As usual the investors of 306BZ receive another funny (or not so!) joke posted by the program’s admin. 306BZ (reviewed here) accepts deposits in three investment plans – 20%-30% for 6 days, 306% after 10 days, and 306% after 36 days. For over three weeks on MNO the program has been paying to everyone instantly to SolidTrustPay and manually, but nevertheless quite fast to EgoPay, LibertyReserve, and PerfectMoney. The following was sent by them today:

“Daily Joke From 306BZ
A Lovely Monday or a Disgusting Monday? We hope today’s joke can make you smile.
BANK ON IT
A man and a woman meet in an elevator. “Where are you heading today?” the man asks.
“I’m going down to give blood.”
“How much do you get paid for giving blood?”
“About $20.”
“Wow,” says the man, “I’m going up to donate sperm, and the sperm bank pays $100.” The woman angrily gets off the elevator.
The next day, the man and woman meet in the elevator again.
“Fancy meeting you again. Where you off to today?”
“Sperm bank,” she says with her mouth full.
Best Regards. 306BZ”.

APPLEINV – STOPPED PAYING! DO NOT INVEST!

AppleInv is the latest in the chain of recent fast scams with payments being stopped today which I can independently confirm as I received some verified complaints from my readers. Pending withdrawals remain unpaid for 36 hours now and the rating page has already been removed from the AppleInv website and the admin is totally silent about the reasons. This happened less than two weeks after the program first launched which left any investors in the daily plan at a loss while only the first investors in the plan paying 110% after 7 days were able to obtain a small profit. I don’t think this quick scam deserves any further discussion, but would like to warn you against joining AppleInv and recommend you stay away from them completely!

GET PAID REPORT FOR 15/04/2013

Here is the list of the programs from my monitor that paid me for the last 24 hours:
From MNO Sticky list: MalaysianINC, StrongForex, EccoFunds.
From MNO Premium list: TureProfit, BensonUnion, RewardsWeekly, 306BZ, NorthlandOpps, WorldGemsInvest, Financa, After100Days, EaglesInvestment, Bet7, BriscoFund, RFIGroup, SecureAssets.
From MNO Standard list: PureIncome, MoneyInSports, TrustedTradersLtd.
From MNO Basic list: ReallyTrusted, InvestmentCapital, MainaLimited, Finance7, Money&Credit, HYIPRoyale, TheInvestmentBank, S&PForex.

That’s everything for tonight, guys. Before I go I just want to warn you that EccoFunds is currently having issues with their SolidTrustPay account which could definitely have a huge negative impact on them. I will talk about that in more detail on my blog tomorrow, but for now I have already moved EccoFunds to Waiting status just in case and postponed any review of the program indefinitely. Tomorrow I’ll have a full review of SecureAssets accompanied with the usual daily news from the HYIP industry. Stay tuned for that and see you all then!