Wow, what a week that was! So many scams and strange events happened this week that I was stunned. Honestly, I didn’t expect this avalanche till Christmas. But I believe this year will be different from others in many way. The falling of the giants started with MegaLido a couple of weeks ago and continued with 8DailyForever this week. It’s obvious to me now that it was a plot from Susan’s side to let her program grow and become famous because of its longevity and seeming stability before introducing the enormously popular 13×13 plan which was the first nail in the coffin of the program. The last nail was the prolonged downtime for a few days and the broken cashflow as a result of this. Obviously 8DailyForever couldn’t continue after that and sustain the payouts from the 13×13 plan and had to close. Was it Susan to blame? I don’t know as this is the nature of every ponzi (or partial ponzi) program online. If something went wrong sometimes that process just can’t be reversed and everything will go down: the investors start panicking, withdrawing and not redepositing their funds, which is accelerating the eventual collapse of the program. This is really what happened with 8DailyForever. And the admin can be blamed there for his/her bad attitude towards the investors but not because of nature of the things. And as you know from real life some banks in America and elsewhere also appeared to be on a huge mortgage pyramid that started to collapse after the realty crisis happened. So we can back-up the facts from the HYIPs and autosurfs with real examples from real life.
Anyway, exactly the same situation with the lack of investors’ confidence could be seen this week with the collapse of another very big autosurf called FastProfitSurf. Well, it’s perfectly clear for me now that the program is dead even despite Paul’s seemingly good intentions. He just couldn’t control the processes that started after his leaving the program for three long days. Such attitudes are unforgivable in this industry and such admins are responsible for these unfortunate circumstances that they themselves cause for their programs. Anyway, even though Paul tried to save his program with multiple payouts that were processed after his miraculous return all his efforts failed. It became especially clear after the investors received such an email from him today after that all the payouts halted (and not even to STP and AP). And I don’t think they will continue:
“You know that many of you did requested to be paid on other payment processors sometimes. Well, I’ve paid few members on STP instead of their upgrade payment processor. Few were big payouts. Now STP had blocked their accounts and returned those funds to my FPS account even if they did provided to STP the screenshots to prove they invested on FPS and I did not request those refunds. I don’t like this because could have been any of you in this situation. What AP and STP are doing now is way too much. I will stop payments until these two payment processors won’t setup things and after that if you want to continue, we will continue together and if not, I’ll start to refund you. I just can’t run a site using this paying tools which are playing with people’s money. I don’t need more than 4000 members on my head because they are playing with their money. I hope you can understand. I’m sorry for this and yes it was my fault for going away for few days and my friend messing payments but I’ve tried to do my best after I’ve came back. I never expected what is happening now because of AP and STP.”
I sincerely hope that the issues Frogress are having now will not affect the cashflow and the program will continue. Anyway, the efforts of the admin Jake to pay to the investors of Frogress despite the downtime caused by the chaos in the database produced by a DDoS-attack are simply phenomenal. This is a very rare case in the industry where you can watch such dedication from an admin that seems to be doing everything possible to communicate with their members during this slow transition period and even make the payouts on the expired upgrades (!). Well, let’s hope that the investors’ confidence in the admin of Frogress will stay intact despite the downtime. I will not return the program to Paying status until the site is working but it doesn’t mean that the admin stopped paying. Remember that the payouts are still being paid and we will all see tomorrow or on Sunday if Frogress can survive the harsh days and continue as usual. I myself would be really impressed if Frogress survived these issues and then Christmas wouldn’t be such a problem for Jake at all.
By the way, it seems I was right in my evaluation of GigaLido‘s fate after the strange decision from the admin Denise to stop the site for 4 days while allegedly installing a new script and updating the database. I don’t know how truthful the statement that was posted on many major forums regarding the admin of GigaLido is but I would not be surprised if it was true. Anyway, it’s always suspicious to me when a program is making an excuse for going offline for a couple of days with dozens of pending payouts. Anyway, we will see if I was right about GigaLido on Monday when Denise set a deadline for when the site is supposedly due to come back online. By the way, my last two emails to GigaLido‘s admin were unanswered which makes me think even more that it’s now a scam. Here’s the controversial post from the forums about GigaLido (take it with a grain of salt though):
“GigaLido is a SCAM! I was asked by the so called Denise to help in the forums and with email updates as her English isnt her native language. She asked me yesterday to make sure the forums kept calm as she is making some changes to GigaLido. Til now I have received constant emails from Denise from day 1, then yesterday when I wrote to her that someone is waiting on money I have never heard back from her. It has been nearly 24hrs! I know this may not alarm some, but I say GigaLido is a SCAM! No members can log into GigaLido, but you can open a new account and upgrade still!!!
The other thing I notice is their stp accounts GIGA and GIGA1 are now closed. You can tell when a stp account is closed as it has an underscore infront of the name ie: _GIGA. This means it has been closed by the member and not by stp!
I have reported GigaLido to all payment processors and I suggest you do too!
Here are their accounts:
STP – GIGA and GIGA1
StrictPay – 45776 (Giga)
AlertPay – gigalido.alertpay@gmail.com
LR – U9735011 (GIGALIDO)
I have been scammed and lost some money here. I am sorry for anyone else who has. I am a member like anyone else who was conned by GigaLido into helping them! Last time I help any AutoSurf – once bitten twice shy!!!
You can all jump in now and say “I told you so” lol I can handle it lol!!!
GIGALIDO IS A SCAM!
I won’t comment further on this and will be leaving the online world til 2009!
We all know there is a high risk involved with AutoSurfs and I class this as gambling! I have gambled with AutoSurfs for a while now silently and I will be back gambling with these games next year lol! I look forward to seeing which ones are still around then lol!!!
Best wishes for the festive season to all!!!
Til next time and SUCCESS TO ALL!”
Some autosurfs keep going against all odds though. Take AggeroInvestment for example. It successfully became private last night after three months of successful online activity and it means no sign-ups are allowed for some time. With more that 3,000 members the admin of AggeroInvestment Roger (interviewed here) wants to concentrate on current members instead of constant expanding of his program and sharing the fate of MegaLido or 8DailyForever. Anyway, I know Roger will not let us down and here I’m publishing the excerpts from his latest updates:
“AggeroInvestment (AI) is a private entity now. I would like to welcome all of you who made it through. Great things are in store for all of you! Here are a few reminders:
1. You can still promote AI although you can’t get referrals anymore. The reason for this is we also need to lower our Alexa ratings. This will be good when we finally get advertisers to use our site as their medium to advertise their products.
2. Our final number is 3160 members. It just simply amazed me! I should’ve called our referral contest ‘Race to 3000!’.
Since we have a lot of new members, let me just say that I send out weekly newsletters every Friday. I will send one tomorrow to introduce me and the program. For now, just relax and get the feel of the program. I will be sending out some training emails also so you know how the program works. I will explain more as we go along. But for now, that’s it! Again, welcome to AggeroInvestment!”
The latest email from AggeroInvestment was only to existing members and Roger asked not to republish it on forums and blogs so I would only like to qoute one paragraph explaining the reasons behind the privatization of the site because many of my readers were not aware of the fact why it happened:
“I decided to go private because I want to make sure that I can take care of each and everyone of you. I know that it is hard to control and manage a large membership base. Support tickets piling, late payments, slow server, etc. happens when you try to manage a number you cannot manage. I then decided that ‘what if’ I take care of my current members first and train them the ins and outs of this program. What if I make sure that if someone asks any of you a question, you can answer without a doubt. What if your future downlines asks you first before asking me? I can just imagine how much load that will be taken off me! I can therefore focus on other things related to making our program more successful. I can focus on things that will make you happy. That is my vision as to why we went private. I don’t want this program to be ‘just me and all of you follow’, it has to work both ways. I lead you, you lead them and they will soon lead others. I dare you say that won’t make our program successful.”
By the way, as you might be aware AlertPay is having some issues that are preventing new upgrades from showing in your account automatically. Thereby some admins had to face these hopefully temporary difficulties with AlertPay and asked their members for cooperation. For example, that’s what I received from the admin of TrafficAlmighty (reviewed here) today:
“Just a quick update to tell you that we are aware AlertPay deposits aren’t crediting automatically. This happened after they carried out some maintenance in their site a few hours ago. No one should worry. I will be crediting account manually for now until this is fixed, so please be a bit patient. I am out at the moment but will be back and start manually crediting accounts in a few hours.
Those who deposit with AlertPay and their account is not automatically credited, please send in a support ticket with the reference number, your username or ID# and the amount deposited. This is very important to help me find your payment and credit you.”
A very similar update received be all the members of AggeroInvestment read: “AlertPay‘s having issues on their side. Take note that it is not our issue. So, if you deposited using AP and it didn’t show up on your cash balance, just send me a support ticket and include your username and the AlertPay transaction info. I will add it as I see it.”
SurfPal (reviewed here) was no exception either and the admin mentioned the issues with AlertPay in his latest email:
“Some AP upgrades are not going in as they should. This is an issue from AP and not the script. Other sites are having this issues as well.
NO WORRIES, Just e-mail me surfpal@live.com or use the contact form and i will get it added. Please be sure to tell me your account id, AP e-mail address, batch # and plan 1 or plan 2
If you do not tell me the plan it will be added to plan1.
This takes some time and remember I am doing payments so i need a few moments to reply.
So far no issues with StrictPay, STP or LR.”
I myself is in daily plan with SurfPal and the payments keep rolling daily so the program is quite good in my opinion, especially for those who prefer the autosurfs that are paying daily.
The difficult situation with the exchange made by the admin of StabilitySurf (interviewed here) to fund his LR account caused the delay with payouts to this payment processor. It is not resolved yet even though the payouts to LT resumed today and I received all my pendings:
“Still no news from IncrementalGold. It’s already 4th day. Seems this exchange is scam. I’ve transfered my own money to LibertyReserve till this situation be resolved. Also I’ve configured mass payment option.”
And again the situation with hosting is pretty bad for MaxShare autosurf as their domain was suspended. Though it happened several times before the admin of MaxShare promised that the situation would be resolved pretty soon and I tend to believe him:
“Dear members, It’s happening again!.. Just when we get great hits to our sites, we’ve been suspended for spam abuse again…
I really feel bad when it happened just after upgraded our hosting from 100Gb bandwidth transfer to 150Gb.
Just hang on guys/gals, while I work on moving to a webhost. It might take a day or two though.”
The HYIP world is quieter nowadays compared to the autosurfing world and many programs are doing great despite the premature demise of WSSavior that couldn’t survive a couple of days downtime (obviously the cashflow was affected) and BestFXWorld (the main domains are still suspended and the admin is paying selectively to some monitors only).
If we take InoFund (reviewed here) for example it’s doing simply great. I can’t believe that I missed a whole month after I decided to join it. The program is brilliant with its instant payouts to your LibertyReserve accounts (PerfectMoney payments are processed manually within 24 hours after making a withdrawal request). I remind you that there are three main plans available (the principle is returned at the end of each plan): 1% daily for 3 days (Growing plan with $5-$35 range of deposits allowed), 2% for 7 days (Waiting plan where you can invest from $35 to $500) and 3% for 31 days (Celebrating plan for the bigger spenders with the range of $500-$3,500 in deposits allowed). Moreover, InoFund is developing its features for the convenience of the members and recently it introduced a compounding option:
“According to numerous requests and questions about InoFund Inc compound. We would like to inform you from November 25 for each new deposit you have the opportunity to choose the reinvestment of interest from 0 to 100 percents, so you will receive payouts on daily basis according to the personal investment program and compound computation of interest.”
SilverInvest program is currently having some serious issues with the script which prevents the admin from crediting members’ accounts with the weekly 5% rate. The good thing is that the admin of SilverInvest Loiuse (read my interview with him here) is aware of it and promised to take all the necessary measures to pay the members withing the next 24-48 hours. Here’s the latest update from him:
“Sorry I am aware of this, and already contacted the programmer, somehow a bug what comes with the newest script security update, I send him an email, and I guess it will be fixed within 24-48 hours maximum, once he is done everyone get 5% this week, no one loses, its just a daily until the programmer fix the bug, when you click on invest we also get a error message so no one can invest, or I send any ROI..hope it’s fixed even this night, keep you posted.”
Finally W-MTFund (reviewed here) is also still having troubles with access to the main page and you can only access it using https instead of http. Anyway, I hope the issue will be resolved soon. At least it’s not affecting the weekly interest rate that was already credited to the members’ account and you are free to withdraw. Here’s the latest update from the admin of W-MTFund regarding this:
“Our main server is under maintenance. Also, as promised, we are updating our homepage in order to create an advertising space and our script will be integrated with an advanced newsletters manager. Today’s withdrawals have been processed on time and saturday’s payments will be processed by schedule.
During the next 48 hours you just have to access our website at https://www.w-mtfund.com (since not secured connection “http” is temporary disabled).”
That’s about all the news for today so I’ll say good-bye till tomorrow. I hope to update you on the current events from the HYIP and autosurf industry daily despite this dangerous festive season that has already begun. Let’s hope it will be over soon and we will see many new and profitable programs in the coming 2009.
I would just like to add that I was paid today from the following programs: DailyProfitPond, FXOIC, SurfPal, Commoditex, InoFund, AggeroInvestment, MajorBarter, StabilitySurf, Tradelite, 2008-N, GoldNuggetInvest, URInvest, SafeAtom, PanaMoney, LargeSum, Youmilex, SummitReserve, Mountain-Mining, NoRiskInvestment, ANOI, MutualForexFund and EasyCash24 (by the way the program is now available at this link: http://www.easycash-team.com in case of a DDoS-attack on the main domain). I’ll see you on my blog tomorrow and have a nice weekend, everybody!
Filed under Daily News by on Nov 28th, 2008. Comment.
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