Hi guys! Well the weekend is with us again so let me say that where ever you are you have a good one with the company of those who matter most to you. I may take a day off myself from money-news, but I haven’t decided yet. Today and tomorrow will be the same as usual though as I already have plans for what to discuss here. Starting with today, and as I guess the headline told you already, I want to talk about a recently launched HYIP called VentureFundsGroup.
Actually I had to delay this for a while as when I first went to review it they were having a couple of problems with the script. But the techs at GoldCoders were on it pretty quick and everything is right as rain again now. VentureFundsGroup have already been online for a couple of weeks but as it is a long term program you can still consider it new. That’s typically the rule for long term low ROI programs anyway.
VentureFundsGroup isn’t a bad site at all. Despite the plans all being long term, they have still managed to bring some variety into them with at least something to interest most of you. In the right hands I think the program itself is sound enough and quite sustainable. Is it in the right hands? Time will tell but so far we are off to a bright start. And so the plans themselves.
Well first we have the “VFG-Starter Plan“. This is really a pretty basic package for those on a budget as it starts of with a minimum investment of a very basic $5 and goes to a maximum of $25. It runs for a year and during that time you will be paid 0.7% interest daily on your principal. This is paid on business days and your principal will not be returned.
Next is “VFG-Daily Plan“. It’s a bit like the first one insomuch as it runs for a calender year with interest accrued on business days of this time 0.8%. It’s open to a much wider membership though with investments starting at $25 and maxing out at $25,000. Principal also not returned.
A slightly better reward can be found in their “VFG-Weekly Plan” but it is almost as affordable as the last option. It runs for 26 weeks and during that period will pay you 6% interest on your principal per week. Entry here will set you back a minimum $50 and runs all the way to $30,000. Like the last two plans, your principal is already factored into the payouts so not returned.
Moving things up a gear, we now have the “VFG-Bi Weekly Plan“. It’s a lower risk plan as it only runs for 18 weeks but is more profitable. It will pay you 20% interest once per fortnight for 18 weeks. Which is nine payments of 20%. Although it is also more expensive. It starts from $350 and goes to $4000. Principal not returned.
The “VFG-Monthly Plan” then offers you 25% interest per month for eight months on amounts from $500 up to $50,000. Principal not returned.
The final set term plan sees us move into the realms of the big spenders here. The “VFG-Quarter Plan” offers a total return of 420% on your investment broken down as follows. For investments starting from $2500 and going all the way to $100,000 you will receive three payments of 140% paid every three months for a period of nine months.
Compounding is not allowed on any of the above plans.
But believe it or not they have even found room for one more. Not a fixed term plan this time but rather a “perpetual” plan, i.e forever. Forever meaning until you choose to leave or the program collapses. Whichever comes first. The investment figures accepted are any figure up to $100,000, so whoever you are that means you, lol! Interest is paid daily at a rate of 0.15% daily. Compounding is allowed in this plan and your principal can be withdrawn anytime.
One excellent feature of VentureFundsGroup by the way is the excellent choice of payment options available. All the major players in the payment processor industry are on hand, including LibertyReserve, PerfectMoney, AlertPay, SolidTrustPay and StrictPay. So kudos to the admin for having the foresight to address that before it ever became an issur. If only a few more would follow this example and establish their payment options before they cause problems and not after.
Moving on to security, VentureFundsGroup appear to be in reasonably good shape. There have been a few problems completely out of their hands recently and I think probably nothing to worry about but still, it’s out there in the public domain so no use in denying it. To start with they are on a dedicated server with protection from DdoS attacks provided by HushHosting. Normally a dependable provider but did have a couple of problems lately. They seem to be fixed now and it’s of no reflection whatsoever on VentureFundsGroup, but it still happened.
The script is licensed by GoldCoders who are usually known for a top class service. But as I said at the start there were some recent issues that took the site offline for a short while. Again, this happens a lot of programs and is absolutely no fault of the admin. And that’s the case here. It’s merely an unfortunate coincidence that the admin has selected two normally dependable service providers that have recently had some problems. But it all seems to be ok now and really stuff like this is pretty much part and parcel of the online investment industry by now. Other than that the support is still a bit basic, being limited to a default e-mail system. Perhaps that will be expanded on as the program grows. I don’t know but I will pursue it with the admin if he agrees to answer a few questions for an interview soon.
I think I can conclude that VentureFundsGroup program itself is actually quite good. The plans are fine. Definitely realistic and quite achievable. They make several mentions of the banking industry but as far as I can see apart from some hints and allusions, never actually give us any conclusive information, never mind proof, about any involvement in that sector. Maybe anybody who reads the newspapers might not think that is such a bad thing anyway, lol! But based purely on the merits of the program itself, and treating it until further notice as an online HYIP, I would have to say that VentureFundsCapital is a low to medium risk project and certainly worth a closer look. A few dollars spent here as part of a wider diversified portfolio might just turn out to be a few dollars well spent.
Other news for today.
Let’s start with what is probably on every investor’s mind tonight. I’m talking about InvestEvolution and IEvolutionSurf which is almost 100% done. I say almost because we haven’t heard from the admin for the last 48 hours which probablyy means that both programs are dead. Now I can give you my version of what just happened. As you might remember I asked the admin of InvestEvolution Jack why he opened a new surfing site and if it was to support the payouts in his HYI program. He completely denied this suggestion but now I think I was right. Look at this: IEvolutionSurf closed before the first payouts from the ten day cycle were processed. It is a definite indicator that I was right and the surfing really was used as a vehicle to sustain payouts to the members of InvestEvolution. So some people saying that it couldn’t happen because it was not supposed to happen are totally wrong. This scamming plan was thought out from the beginning and Jack Weiser (I it’s his real name) implemented it with a stroke of evil genius. I believe this stolen money will bring him nothing but luck and put much misery on him and his family. Call it karma. Well, I believe it’s all that happens to scammers in the long run anyway, and you?
Cent2Dollar is going to Not Paying status as well. Maybe next time when he opens another scam he will think hard first before sending some ridiculous emails promising to double your money in a month which is ridiculous and simply impossible even if you really are trading on Forex.
And the last warning for today. Please don’t invest in GeneticsIndustry as the instant payouts are stopped and that’s an early but definitive sign that the program is over. I’m sure of it 100% so don’t waste your money in GeneticsIndustry! You’ve been warned! For now GeneticsIndustry is in Waiting status on my monitoring page but if the payouts don’t resume within the next 24 hours I will move it to Not Paying.
TradeContract however (reviewed here) is simply great. I haven’t seen such a good program in ages that keeps paying with such medium term plans for 10, 20 and 30 days and has been online for over 4 months already. I hope TradeContract will continue its good job but today the admin warned the investors about one copy-cat site who tries to copy the success of TradeContract stealing the layout of the site. Here is the warning from the admin of TradeContract I received here:
“Hello dear clients Be Aware, A Fake Website
Some of our customers notified us about a fake website at josephfunds.com which apparently is a TradeContract, LLC clone. The owners copied our content, style and layout. Investors, be aware. Thank for doing your business with us“.
As you might have noticed VentureFundsGroup website was offline for two days because of the serious issues with GoldCoders on which they are running their program. Anyway, the admin sent out an update today urging the investors to update your e-currency accounts if you feel the need:
“Please update your e-currency accounts, check on all accounts and might add them this have to be done within 48 hours, we will close this option after and we need to set your accounts from there on. Some peoples account do not show up so please check and fix if necessary.”
InvestmentForge was just announced on my blog yesterday and will be reviewed on my blog once I receive my first payout next week. I don’t know how much InvestmentForge is involved with hedge funds which allows them to publish the news from the American administration and their plans on supporting the economic system. I myself doubt very much that InvestmentForge has anything to do with real investments but rather it’s a very quality HYI program with all the advantages and disadvantages that go with that which I’m going to discuss in the upcoming review. Anyway, sometimes it’s very entertaining to read such updates from HYIP admins like the one published below on InvestmentForge website:
“Greetings, It is a well-known fact that the Obama administration has unveiled its much anticipated program, aimed at clearing toxic assets from the books of U.S. banks and to find a middle ground between nationalization and inaction. The government is hoping that its Public-Private Investment Program will revive the lending process while helping to jumpstart the economy, by financing the purchase of up to $1 trillion in illiquid real estate assets.
Treasury Secretary Timothy Geithner has announced “This will allow banks to clean up their balance sheets. There is no doubt the government is taking risk. You can’t solve a financial crisis without the government assuming risk.” The plan entails using up to $100 billion in the Troubled Asset Relief Program funds along with additional capital from private investors to “generate $500 billion in purchasing power to buy legacy assets with the potential to expand to $1 trillion over time,” according to a statement released by the Treasury. Due to the plan, the “Legacy Securities Program” would be instilled to protect private investors’ or hedge funds’ purchase of the assets by using money from half of the original funds. The Treasury will match any private capital that is raised for the purchases dollar for dollar. Also, the Federal Deposit Insurance Corporation would oversee a facet of the plan called the “Legacy Loans Program,” which is expected to garner interest among many private investors. While the rest of the cash would come from private investors or hedge funds, the treasury would pony up half of the capital to purchase a bundle of loans with this program. The FDIC would then guarantee financing of up to six times the original price, then auction off the loans. The private-sector purchasers would determine the value of these assets so as to quell any fears that the government might be overpaying for the loans.
The researchers of many companies started to change some aspects and strategies of their activity. For instance, InvestmentForge has reconsidered the attitude towards the basic fund structure.
The head manager of InvestmentForge, Peter Evans, has commented on this event, “After investigations of hedge fund market future activity had been made, we took the decision to rise up the profit rate, hence ensuring high liquidity of our activity. During the period of existence InvestmentForge we used to make only deliberate decisions, today we can say for sure – this measure is totally acceptable. We are looking with confidence in the future!”
Anyway, in our days any kind of business needs the backing up and the Hedge Fund market is one of these. The fact is that U.S. Government is ready to give such a help and won’t leave this sphere without an active support.”
There are several programs that paid me today: Nexelim, SilverLodge, RobusTrade, GoldNuggetInvest, LloydFunds, ComradeFinance, MesirowFinance, PanaMoney, StableInterest, UnionFunds, AsianInvestGroup, InfrastructureInv, AcrylicTrade, MajorBarter, NanoMoneyCorp, OakCash, PrincipalReturn, VentureFundsGroup, EnscoOffshore, FlowBroker and YenStock (the first payment received). That is it for today and I will see you on my blog tomorrow! Stay tuned and have a nice weekend!
Filed under Daily News, Reviews by on Apr 4th, 2009. Comment.
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