PLEASE BEWARE! THIS PROGRAM HAS STOPPED PAYING! DON’T INVEST!

Hi all! The program I’m looking at today is a new one launched just last week and I’m quite hopeful we might be lucky with it. Actually I’m sure we will and I’m not the only one who thinks so. There is quite a lively buzz around this one and membership has been quick enough. It’s called Veolex and and this time it’s a more sustainable long term program.

There are two plans but there are a couple of variations in them according to how much you invest. As is usually the case the big investment gets the big return. The big return is usually beyond the financial reach of most members though, but for information purposes I will tell you about them anyway. Firstly there is a plan that offers daily interest repayments on your principal. The minimum amount you may invest is $10 and for amounts starting from that up to a maximum of $10,000. For that you will be paid 2% interest per day for a duration of 70 days. So for an obvious example in return for a $100 investment you can get paid $2 per day, break even after 50 days, and finish the plan with a total of $140. Bigger investors will receive 2.25% per day an amounts from $10,000 up to $75,000. For those of you with a spare $75,000 lying around your house I doubt you need me to calculate anything for you!

Then there is the weekly plan. It runs for the same period as the daily plan, i.e 70 days. But to be more technically correct 10 weeks as payments obviously are weekly and not daily. So what will you get by investing here? Well the minimum amount you may spend increases to $20 this time. And your payment also increases. You are offered a weekly interest payment of 15% of your principal which will for an investment of $100 get you a weekly payment of $15. That will see you break even and into a profit after 7 weeks and finish the plan with $150. Again a higher rate of interest applies to those brave enough to do in with amounts bigger than $10,000 up to a maximum of $75,000. If you’re interested its 17.5% per week.

The returns are achievable in my own opinion and quite sustainable. Something I should have mentioned before is that your principal is not returned on expiry, and this will only add to the long term stability and sustainability of the project. Accepted payment processors include the usual options of PerfectMoney and LibertyReserve, the less popular EcuMoney, and the very welcome sight of SolidTrustPay.

Appearance wise, for all it matters, Veolex is good. Its bright, well laid out and easy to navigate. I have to point out though that the text is not original. That should in no way indicate a connection with any other site using the same text. In fact there are a number of them working from the same basic template. All it really indicates to me is that their outside business interests of Veolex may not be what they would prefer newcomers to this industry think they are. But as far as regular online HYIPs go it means very little.

The script is licensed from GoldCoders so that should add a familiar look to many of you. And it’s also hosted on a dedicated server with protection from DdoS attacks. No more than the minimum you should demand of course. When it comes to communication Veolex have proved to be quite responsive so far. There is the usual method of an online e-mail ticketing system available for customer support. A banner informing us that live chat support is available is also on display, except that live chat does not actually work here. Hopefully the banner is displayed because the admin intends to add live chat soon, but for now the function is disabled. Despite that they are still good to communicate with.

Overall a decent enough prospect it has to be said. Not quite the kingpins of international stock market trading but a good program nonetheless. Feedback from the growing number of members has been hugely positive so many people would seem to be in agreement that there might just be a good opportunity here. As always there are factors inside and outside the admin’s control that can have an impact on the program’s performance but in no way to the same extent as shorter term HYIPs. A lot of it boils down to how the program is managed. We can only judge it on how its been done since they opened a week ago, but so far it looks pretty solid. Veolex is worthy of an affordable investment I think, but one you accept there are no guarantees on.

Other news for today.

Unfortunately, HeavenInvestment turned into a scam after just 5 (!) days online. I don’t know what the reason behind it was but can only guess that either unstable work of payment processors (I didn’t notice it myself) or cashflow problems with members withdrawing and not redepositing caused such a bad and abrupt ending. Yes, I considered HeavenInvestment as one of the promising short-term programs but perhaps 104% after one day plan could not really be called “sustainable” under current conditions. Sorry if you lost some money in HeavenInvestment but these short-term games are quite risky and nobody can ever predict their lifespan.

Let’s get to more positive news now. AsianInvestGroup (reviewed here) published another weekly statement and this week the profits for both portfolios went up. This is an encouraging sign for all the investors indicating that the program is still going strong. AsianInvestGroup has been a very stable performer so far which definitely earns them a spot in my Personal Favorites listing. More on the program can be read in my review of AsianInvestGroup published here:
“Our rates for current week are the following:
Optimized Portfolio – 9.0% weekly (+0.2)
Aggressive Portfolio – 11.6% weekly (+0.7)
Optimized Portfolio Premium (for investments of $1000 and above) – 12.0% weekly
Aggressive Portfolio Premium (for investments of $1000 and above) – 14.6% weekly“.

The admin of TheDollarDiggers program Thomas (interviewed here) felt ill so for the next couple of days the program will be fully handled by his support staff. This and other news can be found in the latest update from TheDollarDiggers program:
“Hello everyone. I am sorry if I was not able to send my usual email last night.
I have a fever and I really really wanted to just lay in bed and sleep all day. I hate it when I am having a fever because I feel like I am a toddler again.
I just want to let you all know of the situation and ask for your permissions for me to take a day or 2 day off.
Btw, I will let Addie, my Support staff, handle all your Support tickers for today till tomorrow. I will ask her to pay all the pending requests for yesterday too.
The Teambuild we have for Iggly Biggly is doing so great that we already have 8 members who received their 2 members and 3 already cycled through the 1st matrix giving them a re-entry in the 1st matrix and an entry to the 2nd matrix.
Btw, I now have a Paypal account. I opened it for those who do not have STP accounts and no funds in AP, LR and SP and yet wants to join the Teambuild.
The address is – thomsworld2009@yahoo.com. But please send an email of intention of joining first with the same email address.
And HAPPY FATHERS DAY to all the father members of TDD.”

I have joined a new program today called SazaInvestments. The program utilizes the now popular concept of paying weekly fixed returns forever. Another popular program with the same payment concept is GoldNuggetInvest by the way (reviewed here). Although compared to it SazaInvestments offers a bigger percentage from 8% to 10% weekly payments depending on the amount deposited. The minimum to invest is $30 and the payment processors accepted are LibertyReserve, PerfectMoney, StrictPay and SolidTrustPay. SazaInvestments site uses MonetarySoft script which should be familiar to you if you invested in SteadyGrowthInvest (reviewed here) for example. The program just changed hosting to a more powerful one after the recent DdoS attacks it experienced and so far the members that wish to deposit via SolidTrustPay or StrictPay have to wait until the admin adds their deposits manually. It is a major inconvenience that will hopefully be resolved by MonetarySorf within a couple of days. SazaInvestments is allegedly registered in Portugal and even have a certificate of incorporation (in Portuguese) presented on their website. While there’s no guarantees of course the registration will definitely be a welcome factor for many investors thinking about depositing there. Although being registered since 2004 the site of SazaInvestments came online in the beginning of May 2009 so the program still can be considered a new one. I will inquire more info about the legal status of the program from the admin of SazaInvestments before publishing the review on my blog. Since the first payment will be credited on Friday I hope to give you a detailed review of SazaInvestments by then. Stay tuned for that, guys, as the program really looks interesting!

In the end of my post I would like to mention the programs that paid me for the last 24 hours. They are: InvestmentForge, PanaMoney, NovalexFinance, SteadyGrowthInvest, GoldNuggetInvest, GeniusFunds, NanoMoneyCorp, CorpusTrust, Verifield, AsianInvestGroup, Surfing4Roi, Investimates, EnscoOffshore, XagaEnterprise, ExcellentProfit, Ivy-Castle, Veolex and ElegantMoney. I’ll see you on my blog tomorrow with more news and updates from the Industry. Thanks for staying with MNO blog!