27/04/09. VentureFundsGroup Review and Other News

Hi guys! No there is no need to do a double take on the headline. You saw it correctly the first time. It’s a review of VentureFundsGroup. OK I know you’ve already seen this one but there has been a lot happening there since I reviewed it originally at the start of April. Well actually to say a lot has happened is bit of an understatement. It’s been completely re-launched with a new script and new plans. So I prefer not to take this review as a dip into the nostalgia file, but rather a completely new program, albeit with the same name and owner as the last version.

Just to give you a very brief background to the program, it was originally launched back in March but basically was the victim of a severe assault (for want of a better word) by hackers. That pretty much put a stop to the original version but the program has now been re-structured and is ready for a comeback with a totally new script. Of course a lot of what was in the original VentureFundsGroup program remains the same but I think it best if I cover it again anyway. And hopefully this time, finally, VentureFundsGroup will live up to the promise it showed all those weeks ago when originally launched.

So what are the plans? Well it’s still a long term program but the plans have been slightly altered from the original ones. Starting with the daily option, this plan runs for 100 calender days with daily interest payments made of between 1.4% and 1.6% on your investment. Daily payments means just that. You will be paid on weekends as any other day. Your principal is already factored in to your payments so you will not be having that returned on expiry. So if we take an example of a $100 investment, you will receive $1.60 per day for 100 days meaning you break even after 63 days and finish the program with a grand total $160, or in other words 60% pure profit. The minimum amount you may invest here is $5 and for amounts between that and $99 you will be paid the lower interest rate of 1.4%. If you wish to receive the higher rate of 1.6% you will need to spend from $100 up to the maximum allowed of $3000.

If that doesn’t suit your needs there is a weekly payment option available. It’s more profitable, but as is always the case with higher rewards, it’s also more of a risk. Again your principal is already factored into your payments so keep that in mind. The plan runs for fifteen weeks and during that time you will receive a weekly income of 12% on your investment sum. So for our theoretical $100 spend we will pull in $12 per week meaning we break even and see the first profit at the end of week number nine and the fifteenth and final week should see us with a total of $180, or 80% pure profit. Minimum spend is $10. The maximum is $15,000 so I guess most readers will comfortably find themselves between those two figures.

And finally there is the bi-weekly option. This is the most rewarding option in terms of profit but oddly for an HYIP it’s also less risky as you will break even in a shorter time. The plan runs for sixteen weeks during which time you will receive eight payments of 25% of your principal, or in other words you get paid once every two weeks. Entry here starts at $500 so it’s obviously more of a serious commitment than the other two. The maximum investment is $50,000. So if we take the smallest possible figure of $500 as a sample investment, you should receive a payment of $125 once every two weeks, meaning you will break even following the fourth payment in week number eight, and will finish the program inweek number sixteen with a total profit of 100%. As with the other plans, your principal is already included in your payments.

The list of payment processors accepted by VentureFundsGroup is quite impressive for an HYIP and includes SolidTrustPay, PerfectMoney, AlertPay, and LibertyReserve. I don’t think I need to tell you that the inclusion of two of those names will be a welcome sight for many investors and will go a long way towards instilling confidence in the safety of your investment.

Needless to say a few lessons have been learned the hard way concerning security by VentureFundsGroup. Although to be fair a lot of the problems they encountered were largely out of their control. The hosting continues as before on a dedicated server with protection from DdoS attacks so no change there. But what has changed is the script. Gone is the old GoldCoders version that was hacked and in with the new Neversay version. Previously almost entirely associated with autosurfs, Neversay seems to be making successful inroads to the HYIP market now with a growing number of programs utilizing their services to good affect. I have to say though I was a little disappointed with the level of customer support. It’s only available via e-mail and only works five days per week for twelve hours each day. What time zone is not specified.

So to sum it all up I’d still have to echo my original conclusion in my first review of VentureFundsGroup. The plans, although altered, remain both attractive and achievable. I can well understand why many investors may have a problem with this program given all the stops and starts that have dogged it since it’s launch, but I feel that they have made such a successful comeback after their most recent difficulties proves if nothing else how determined these guys are to finally get this project off the ground and run a good program. Many others would have long since thrown in the towel. A bitter pill to swallow if you were one of those members who lost money because of that hacking incident but the good news is that all those old accounts will be honored. It’s unclear if the admin was able to contact every individual member because of the database being compromised but if you were among those members then you are advised to get in touch with the admin with all your old membership details. I think for this alone he deserves a second chance but of course you still need to remember that the same rules and risks still apply to this HYIP as all others.

Other news for today.

First of all let’s check out what the admin of ImperialFinances has to say. The thing is that he didn’t update the members of the program for quite a long time but last night everybody that involved in the program has received a long update with rules of the contests, payment updates and bad voter issues. I myself have received the second payment of 35% for my weekly plan (35% for 4 weeks) and can confirm that ImperialFinances (reviewed here) is still doing great with fast payouts and great support from the members. Moreover, I have sent some questions for an interview to the admin last night and hopefully I will publish the interview later this week. Meanwhile, please read the latest update if you somehow missed it:
“Hello dear members and Imperial customers,
First of all: thank you everybody for your support. As you know, LibertyReserve has had some problems the last few days with their SCI interface. Last time was their API, now SCI. Due to this issue many hyips collapsed. But ImperialFinances is getting stronger and stronger.
Payments for “115% after 10 days” and “35% weekly for 4 weeks” have been already made. Unexpected for us, many members reinvested almost instantly. We are really proud of ImperialFinances.
Now let’s talk about real news.
#1 All pending have been already paid for today. There was some withdrawals for STP with $0.25 and $0.35 but they were returned in account balance. Why? Because STP’s minimum amount is $1(manual payments). When those members will have more than $1 their withdrawal requests will be paid.
#2 We are having some problems with bad posters and voters. In last few days we received some email regarding this from “hyip365.com@gmail.com”.
When you see posts on forums made by “tony75”, “opinion”, “ttowson38” and some other for sure, better ignore them. Read entire topic, make researches about ImperialFinances on trusted monitors (you can find them here: http://imperialfinances.com/?a=cust&page=rates ). If you look on all monitors, you will see bad votes made by same emails. Do not trust them. We won’t pay them, not even $0.01.
#3 What do you think about some contest? I was talking with Rick and Diana (she is another person in our group) a few hours ago about a contest. They said:
– Referral contest – I said NO, too classic
– Higher referral commission – Maybe we will have this when we will be more than 30 days older to celebrate
– deposit bonus – NO again
And some other ideas have come up. These are too classic. ImperialFinances is a special hyip and needs something special and unique.
And this is why we need your help.
3.1# First contest is a unique idea I think (email me if I’m wrong): Guess how many members ImperialFinances has? You have to send your answer to guess@imperialfinances.com .
Simple rules to follow:
– Email title: Guess contest
– Email body: your prediction and your program username
– Hints: hints will show on contest page every day – http://imperialfinances.com/?a=cust&page=contest
– Prize: winner will get $10 in account balance to invest in any plan he/she wants
– Period: Maximum 5 days
– Restriction: 1 email per username
3.2# Second contest is much more important: We don’t know the second contest theme. So, what should we do? We need your help. Send your contest ideas to contest@imperialfinances.com . This is a “contest for a contest”. If you have a brilliant idea, do not hesitate. Send us your contest idea and you can get $25 in your account balance.
Rules to follow:
– No rules. Send as many emails you want in 3 days. We nee unique ideas.
I am deeply sorry for this long newsletter, but I had to tell you all.
Best regards and good luck“.

Some important info for the members of SilverLodge which is now closed for new sign-ups: inactive members’ accounts will be deleted starting Saturday so if you are a member but hasn’t made at least a $10 deposit into the program you’re advised to do so within the next few days to avoid deletion. Next, the bi-weekly plan is extended due to popular demand so you will be able to deposit in that untill May 15. And finally, from now on the profit will be accrued to your account daily but the payouts will be processed only on business days (Mon-Fri). I completely understand this position as SilverLodge has 5,000 members now and it’s very time-consuming to process all the payouts within 24 hours. Please respect SilverLodge admin Louise (interviewed here) and only send support requests following the rules which were laid out in the latest update:
“Hello Members, we are finally private and do not accept new members, if you or your downline signed up before closing day and did not invest yet, we give until Friday to make your first investment.
We will delete from Saturday on all free accounts.
I want to say a thank you to all members so far, and we reached over 5000 active members, this is an amazing achievement.
The bi-weekly plan as we all know is also closed from this day on, but as many people ask us to extend it, and they want to invest larger amounts, we follow the requests and open a bi-weekly plan starting from $2500 from this day on, it will be compleatly closed on May 15, 2009, please also not send us emails about this, it will not be changed we give great extentions in the past and this is more than a great offer from us, it is after all the best paying plan in our investment portofolio.
IMPORTANT!!!!!!!!!!!
Now we will change some things and rules in this program!
1) we do not respond to any email what not mention his user ID (in the memo/subject)
2) we will not change sponsors
3) we do not exchange ecurrencies (we do this only for higher investors, and we offer them to do so when they reached a great amount)
4) and this will be new but is necessary, Dominique, and I will take weekends off from this day forwards, so Saturday and Sunday will be earnings as usual but payments and support will be done only from Monday-Friday!
I believe these rules make us an easier life and give us more time to actually take care business, with more than 500 emails a day and searching for their accounts we have almost no time to make you money, so we only answer emails what follow these rules! Have a great week“.

There were some issues recently in ProfitROI site (reviewed here) connected to the upgrading of their DdoS protection which resulted in yesterday’s downtime. It seems there was some glitch that prevented the majority of the investors from logging in to their accounts. First it was a browser issue and then it seemed nobody could access their accounts in ProfitROI. The admin of the program Brandon (interviewed here) promised to get all sorted out soon but even though now the site is back on track I’m afraid that the program may collapse anyway. The cashflow was obviously affected by yesterday’s downtime and today’s issues but the admin has been very proactive so far and we will see if ProfitROI is strong enough to survive this within the next couple of days. This is what the admin explained regarding the chances of ProfitROI to survive and stay afloat:
“Recently ProfitROI experienced heavy load of DDoS attacks. During this day our techs did their best to have the site back. So now it is here online and fully working. Please do not send me any support request that you cannot load page – try clearing your cache and/or try accessing the site later.
Second thing I would like to talk about is payouts. I’m now in the pending payout section and they are all being paid one by one now – you can see it on forums. Again, don’t send a new support ticket just because your payout is pending for more than 12 or 24 hours. They all will be paid!
The last thing is – fake votes. Some members noticed them on monitors and please be aware of that these votes are completely fake and do not rely on them. You know I’m doing my best always and I’m here to deal with ANY problem. Doesn’t matter what it takes – ProfitROI will stay here!!
I ask now all members to show your support to ProfitROI and upgrade (deposit funds).”

AsianInvestGroup (reviewed here) published yet another weekly statement where it showed us the interest rates for the last week. They increased a bit which can only be welcomed by the program’s investors. Here is what I got from AsianInvestGroup today:
“Our rates for current week are the following:
Optimized Portfolio – 8.4% weekly (+0.2)
Aggressive Portfolio – 11.5% weekly (+0.3)
Optimized Portfolio Premium (for investments of $1000 and above) – 11.4% weekly
Aggressive Portfolio Premium (for investments of $1000 and above) – 14.5% weekly“.

OakCash (reviewed here) has been online for about two months and are still paying well. By joining OakCash you have the chance to earn from 2.9% to 4.2% daily on your deposits for 31 calendar days. Principal is returned back at the end and minimum to invest is only $10 via LibertyReserve or PerfectMoney. Probably to encourage bigger investors the promo offer has been launched today and for those who deposit more than $1K a 10% bonus will be added to their accounts. The bonus is only available till the 5th of May as was stated in the most recent update received from the admin of OakCash:
“Thank you for become our investor program.
For more attractive programs, we offers 10% free bonus for OakCash member if make investment into Silver plan, Gold plan or Platinum plan.
Balance will added into OakCash member account and can be withdrawn anytime.
Hurry up… Today 20 member get the bonus already.
Limited time!!!!! Until 5 May 2009“.

I found some amusing info regarding EcuMoney payment processor recently on TalkGold forum. It seems that they are not a legal financial entity supervised by the financial authorities of New Zealand but rather just another virtual company with no connection with the New Zealand financial system whatsoever:
“The above company is not a registered bank in New Zealand. It is not licensed or supervised as a financial service provider by any New Zealand authority.”
Of course it doesn’t mean they are a scam but rather that they are misleading their customers pretending to be governed under New Zealand legislation which is factually not true. This is the official warning from one of the real government agencies regarding the so-called “offshore companies” allegedly registered in New Zealand:
“The Reserve Bank advises that caution should be exercised by anyone considering doing any form of business with entities that promote themselves as “New Zealand offshore finance companies”, or use similar descriptions, and that offer financial services either on-line or from locations outside of New Zealand.
No such category of entity is recognised under New Zealand law. The entities involved are usually just registered in New Zealand as companies or limited partnerships, and they have no special status. These entities are not licensed or supervised as financial service providers by any New Zealand authority. They are required to register a New Zealand address, but this is usually that of a compliance agent, with the entities having no real physical presence in New Zealand. These entities are often directed or owned by persons who are not resident in New Zealand. Details about the directors and ownership of these entities can be obtained by searching the on-line database of the New Zealand Companies Office.”
Of course, the above-mentioned fact doesn’t mean that LibertyReserve and PerfectMoney are safer because they don’t even provide any proof of being registered anywhere and therefore can be the same shady characters as EcuMoney. But in the case of EcuMoney it’s questionable not why they are not registered with the compliance of New Zealand law but why they mislead their clients in this manner. This is what is so disturbing and combined with the pretentious above-all mentality this behavior cannot be considered as part of the honest payment processors competition. So please be aware of this fact and don’t treat EcuMoney like a legally registered payment processor anymore but rather like another LibertyReserve or PerfectMoney, an anonymous payment processor.

Another warning for my readers: Please beware of the new autosurf program ProfitFeeders that was just lunched by the admin of CashExplosive. It’s yet another daily paying autosurf with an admin claiming to be from the United Kingdon but can’t speak English properly, lol. By the way, for your information I have received a revealing email from one of my readers where she informed me about a transaction dispute with the former CashExplosive admin. That is what the admin of SolidTrustPay Stella has to say about this scammer:
“This guy is a complete scammer!
1) he is a she
2) she created a new STP account and attempted to secretly send herself all the funds when we repeatedly reversed her debit card withdrawal attempts
3) no refunds have been made
Please do realize that we only step in when a program completely closes. Some admins close gracefully, refunding what they can. In this case….the “guy” is a scam!”
What to say more? Just beware of that guy and don’t give your hard-earned cash to this scammer.

This is it for today but I would just like to quickly mention the programs that have paid me today: PanaMoney, FinancialProfitsCorp, GearsOfProfit, SilverLodge, GoldNuggetInvest, Hassan-Al-Fadi, DimensionalWealthFund, ImperialFinances, OakCash, EnscoOffshore, MajorBarter, StableInterest, GeniusFunds, NanoMoneyCorp, ProfitROI, FlowBroker and EdwardBrownInvestments. See you on my blog tomorrow!