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

Hi everyone! As some of you may be aware today marks the 65th anniversary of D-Day and if that happens to be a celebrated occasion where you are as it is here then I hope you enjoy the events and appreciate their importance. But if not, then I hope your making the most of your weekend anyway. As for myself, out of the several new programs I’ve come across recently the one I want to talk about today is OilInsider.

I actually had a few others in mind for review today but on closer consideration, I thought this is really the one I need to get out there first. Why? Well, in a word, its exceptional. Really. I know that if you say things like this too often then it kind of undermines the importance of what you say when you really mean it so that’s just why I don’t say this about too many programs. But this one might just be a bit special. And I have no doubt this is no amateur operation. Whoever is behind OilInsider knows what they’re doing, make no mistake. A lot of work has gone into this and it shows. I fully expect them to run for several months.

I’ll start with the plans I suppose. First of all it’s a long term HYIP, and not unlike a number of others around at the moment its a perpetual program. By that I mean there is no expiry. Once you’re in you stay in and will not be offered the chance to withdraw you principal at any time. So first things first, remember that fact when you are considering joining this. Much as I like it personally, you are in charge of your own money so feel free to take it easy at first and just make a test spend to make sure you are happy with the whole thing. I myself have little doubt that they will prove themselves, but let them prove that to you too. You can add to it later if you are satisfied and it will be treated as part of the same deposit.

The minimum amount you can deposit with OilInsider is $10 but for European investors you may like the fact that you can deposit in euros as well. For review purposes I’ll stick with dollars as I know that’s how most readers here work. In return for your money you will receive no less than two weekly payments, one on Thursday and one on Friday. The rate of interest fluctuates from week to week but on average the amount being paid right now is around 10% per week, pain in two installments on the two days I mentioned. To be more exact, the site itself says the average weekly payment is 10.1%, but as it is prone to occasional ups and downs we don’t need to be that specific. And thats it! It really is that simple. I don’t think it necessary to give an example as I think it quite obvious that you should have your principal back in approximately ten weeks. Maybe nine, maybe eleven, it depends on just how far the rate of interest is allowed to fluctuate but for now I can only review the program based on the information as it is today.

I’ll get to the reasons for the various interest rates in a moment but for now I can say that it has nothing to do with the size of your investment. You will receive your two payments per week totaling around 10% regardless of the size of your principal. On a slightly negative note I have to say the choice of payment processors here is a bit limited at the moment with only PerfectMoney, EcuMoney, and LibertyReserve accepted. I would encourage the admin here to at least give some thought to expanding that list and even cite the example of AsianInvestGroup (reviewed here). They started out in a similar position and have since started accepting most of the major e-currencies and have slowly established themselves as a very good program indeed. But anyway, let’s stay on the topic of OilInsider here. Payments are not automatic so you’ll have to request them yourself from your member’s area. Or re-invest them depending on how you feel about the program.

The security of OilInsider is more than satisfactory. It’s better than most and the fact that its of such a high standard are as goon an indication as any that there is a seasoned professional behind the scenes here. And that’s fine by me. They may not wish to admit it, but that’s fine by me too. The important thing is that the program is safe, securely protected, and professionally managed. The script is unique to this individual program and custom designed for their needs. They have a comprehensive anti-DDoS protection system in place provided by the excellent DdoSWiz and are hosted on a dedicated server by them. And if all that doesn’t satisfy you then the cherry on top is the SSL encryption accompanied by the secure certificate from Comodo to prove it. Hackers take note: don’t waste your time! DdoS related downtime will hardly be much of an issue either. When you add the fact that they’ve registered the domain name for a full five years, and the way that its user friendly, uncomplicated and so easy to use, the whole website borders on perfection.

Communication and customer support are available via the usual online e-mail support ticket system and also via a support e-mail address. They say that they will endeavor to answer all questions the same day but with 24 time zones around the world you might excuse them if you have to wait a little while. My own experience with them was excellent so far though and I found them responsive, polite, very knowledgeable and above all professional. A pleasure to deal with you might say.

And finally we get to the background story of OilInsider. Now if you’re a regular reader of MNO you’ll probably know by now that I’d usually consider these claims of outside business activities to be anything from an amusing to an annoying distraction. I mean it’s gotten to the stage where I’m even having dreams about ForEx traders! There would appear to be more foreign currency traders online than there are amounts of foreign currency. OilInsider though was a little different than most. They claim to be using advance knowledge of the oil and gas reports published weekly by the US Department of Energy. It’s all a bit fanciful I know but they’ve actually put together a totally feasible and believable cover story about it which I must admit I did enjoy reading. On a side note, I don’t know who came up with the whole thing, but if the HYIP business doesn’t work out for you, you could probably write a pretty cool novel! But anyway they claim that because this weekly report comes to the public attention on Wednesday morning of each week, they can act on it earlier and make their money. And that is why payments come on Thursday and Friday. Personally I feel they’ve explained the whole thing in a bit too much detail as if it were true a pretty average detective would easily track them down. Nevertheless they get a massive bonus point for the originality and don’t underestimate the power of a good background story when it comes to attracting new members, so in that sense it’s actually quite good. My own personal rule of waiting six months before even thinking about these stories still applies to all HYIPs.

My final verdict on OilInsider is that these guys are good. They’ve thought of everything and they’ve implemented it wonderfully. Even from a purely HYIP point of view the variable weekly ROI was a very shrewd move. It protects them from having to be too dependent on new members joining to pay off the old ones. If cash flow ever does slow down a bit they have already reserved the right to pay a little less next week. You may not like it if it happens, but it will benefit the program in the long run and ultimately benefit the investors. Of course I remind you of all the usual warnings that go with this business but remember you heard it here first. OilInsider is going to be hot, and if you want to make the most of it I suggest you join early.

Other news for today.

Many sites have been experiencing some difficulties with accessibility so let’s start today’s news with them. AsianInvestGroup (reviewed here) and XagaEnterprise (reviewed here) have both experienced some difficulties for several hours last night which made some investors uneasy. Well, seems all the problems have been resolved by now and the sites are online. By the way, tomorrow I will soon be bringing you my interview with the admin of XagaEnterprise Kevin James which will tell us more about his program paying 1.1% daily forever from so called “casino comps”.

It appears LonixFinance is making selective payouts so please don’t invest there from now on. I myself hate such programs which think they can cheat by paying to monitoring sites and completely ignoring the simple investors. UnitFX also tried do it for a couple of days but fortunately there are still honest monitoring sites left that put the program to Problem status. So the admin of the program simply removed the Rating page from his site completely. I hope such tricks will not help him attract more unsuspecting investors to his scam. I already told you and will repeat again and again that you should avoid the monitors that still list UnitFX and similar programs as Paying. They don’t care about investors at all and only utilize their monitoring fees and collect ref commissions without feeling any responsibility to update their sites on a regular basis. This is their only responsibility to update their sites frequently and show the REAL status of any program and if they can’t even do this simple task properly then what the hell they are doing in this industry. By the way, I removed one comment from possibly an owner of one such monitoring site and banned him from my ShoutBox. He suggested I shut up and look at myself. Well, I have nothing to be ashamed of as I try to give you all up-to-date information about the money-making opportunities online and surely I don’t tolerate selective payouts and always help my readers if they have any problems with any program admins. But the biggest difference between scamming monitors and me is that I always show the true status of any program and that way I’m not misleading you in any way like they do. Actually, I like a couple of monitor sites which I consider real professionals but I will not mention them on my blog so not to give them free advertising, lol. Anyway, you can easily distinguish such monitors from others by noticing that they are the first who put a program to Problematic status when it deserves it. Of course, I don’t deny that I also profit from advertising fees or referral commissions but I feel that my blog deserves it because I really provide you with up-to-date info which you should definitely use when you think about depositing in any specific program. I don’t take holidays (or rather I continue to work when I do) and always try to update my monitoring page at least once every 24 hours so please if you have any program that is listed on my monitoring don’t hesitate to contact me at abramsonp@gmail.com and I will try my best to help you out.

Thanks also to everybody for your positive feedback on my idea to check out the programs which are claiming to have real physical offices in London. I will surely do it within the next couple of weeks and will make a detailed report about that on my blog. So stay tuned for the results of that investigation!

I have to move EwoCapital to Waiting status on my monitoring page. I hope there is nothing to worry about yet but my withdrawals are pending for more than 24 hours and there was no explanation posted except that EwoCapital stopped accepting WebMoney which was not a wise deed in itself because everybody knows the strict policy WebMoney preaches against online HYIPs. Does it mean that the program lost some money in that payment processor? I don’t know that but I would be very upset to see EwoCapital go because of that rather stupid mistake they made with WebMoney payment processor. Anyway, we will wait and see what will happen next!

Two other programs which I haven’t even reviewed are Merchandies and CoolReturn. Unfortunately I have to move both of them to Waiting status for now. Merchandies has been offline for the last two days and now it’s back and the admin assured me that everything was alright. Yes, everything is alright with the site but not with the payments as I am awaiting two withdrawals already. As for CoolReturn, the site was suspended by their hosting provider for some reason. I asked the admin and he said to me he would contact his hosting provider regarding this issue. For now both programs are in Waiting status on my monitoring page and are not recommended for investing.

EvoWallet payment processor has been online for two days in a row. Providing there was no update in their official blog regarding this I would fear the worst. I would not be so worried otherwise but since I know with certainty that EvoWallet came from the same team that brought to us one of the biggest scams of 2008 AlterGold the silence from the administration doesn’t encourage any optimism. Anyway, I will wait till Monday and hopefully we will hear something from their administration. If not then it will just mean that EvoWallet has turned into a scam, and even faster that its infamous predecessor.

I would like to give you an update on another payment processor – SolidTrustPay. As was promised by their support team the pending withdrawals to Debit cards are now back to normal and I successfully received my withdrawal on Friday night. So there is absolutely nothing to worry about anymore. From my experience SolidTrustPay proved to be one of the best choices for online investors and they even issue refunds sometimes for scam victims, just like AlertPay does.

Let’s now get back to good paying HYIPs. It seems there another copycat appeared on the scene. This time it’s trying to copy SigmaTral website (reviewed here). So the admin of the program Trent (interviewed here) issued an official statement where he warned that those scammers have nothing to do with real SigmaTral. So please be aware of that if you ever come across this site. This is the latest update from SigmaTral:
“Dear members, I would first inform you, I sent all pending payments some minutes ago (I took late this 2 last days, I’m sorry for this) If you received your payment, please post a proof of payment somewhere, it’s appreciated.
The second news is concerning a copy of our site, reported by a member on forum (thanks to him) this site is : http://fastpayment.us/
BE CAREFUL this site have any affiliations or others with us, they just copied us… and we are talking with his hosting and domain provider to obtain the suspension…, considering they copied SigmaTral, our unique design, text…”

Verifield (reviewed here) paid me for the second time. The withdrawal request was processed instantly to my LibertyReserve account. It’s already my second expired deposit (this time from 60 day plan) which I received instantly from that program. Yes, the profit rate was about 80% and of course I redeposited into 30 day plan. I hope that the admi of Verifield will give me permission to interview as the program certainly deserves to be noticed.

NovalexFinance (reviewed here) is still #1 on my monitoring page and it deserves it of course. Today I was paid the 100% profit payment and of course I redeposited again. Since December when I first joined it NovalexFinance pays me on a regular basis for 6 months in a row. I have never experienced any single problem with it as NovalexFinance offers direct payouts straight to your LibertyReserve, PerfectMoney, StrictPay or EcuMoney accounts. You can also make your deposits via Bank wires. The minimum to deposit is quite high and is $50 but for that you get a great opportunity to double your money in just 50 days. Moreover, you only risk your principal for 30 first days after which your principal gets returned and then after 20 days you will get your 100% profit. I consider NovalexFinance as one of the best programs in 2009 and hope that it will last at least till Christmas. I can’t see what would prevent this from happening. And you?

One of the most interesting programs TheDollarDiggers (reviewed here) is about to start another plan which will be the ever popular 12×12 plan. As all in this program the plan will be very well thought-out by the admin Thomas and there will be some limitations on how much you can deposit and for how long the plan will be available for. Here is the excerpts from TheDollarDiggers update about this coming plan :
“I want to let you all know that once we hit 350 members I will open a new Surf plan which will be called Digger 12×12 Classic Plan. This is for a limited time only.
Here are the details –
It will be open for 12 days only and an Ad Pack is worth $12. The maximum Ad Packs you can purchase daily is 20 or $240. Payment will be upon expiry. Now there is one rule to follow though. For each Ad Pack you will buy you must buy 2 positions in 3SC Plan first. This is to make sure that each Plan offers in TDD are still connected to and helping each other.
So invite others to join us here in TDD. 350 members is what we need before I will open this Digger 12×12 Classic Plan.
Talk to you all later.”

By the way, you know my current attitude to autosurfs but I simply couldn’t pass by this program. Another possible hit among autosurfs is undoubtedly EuropeanSurfers. It has all to become a hit: attractive plan paying 11% for 11 days with the payouts on expiry, beautiful design from Doris, hosting on a dedicated server by HushHosting and ever famous Neversay script. The list of payment processors includes: LibertyReserve, AlertPay, SolidTrustPay and StrictPay and the price of 1 ad unit is $5. You should although remember that the timing to launch EuropeanSurfers might be not so good but if you really want to join this program it’s always better to be in the beginning of their lifecycle. EuropeanSurfers launched just yesterday so you should really join it now or never. I predict it will be online for at least a couple of cycles because of the money and effort deposited into the creation of this program and then it all will depend on the admin and members’ support. The review will be published on my blog next week as we see how well EuropeanSurfers program progresses.

By the way, this is the first newsletter which was sent from the admin of EuropeanSurfers straight after the launch which occurred yesterday (the program was in pre-launch stage for a couple of days):
“Happy weekend to you all.
My name is Catherine Anthony the admin of EuropeanSurfers. I am writing to inform you that EuropeanSurfers have been officially launched!!!
Please Login to your account and upgrade to start enjoying all the upgraded members benefit. As soon as you upgrade you can send us your banner to be uploaded on the surf bar as this is totally free.
Secondly, Cash-out is upon ad pack expiration except for referral commission that can be withdraw any time. Take your time and start referring new members to EuropeanSurfers and earn 4% ref commission from all sign-up.
Finally, We only accepting the following processor LR, STP, SP, and AP.
Thanks for all your support, keep the good work and enjoy the surfing. Thanks.”

By the way, I hope you still remember USDozen which was similar to EuropeanSurfers autosurf offering the same 11% for 11 days plan. It lasted only for 4 weeks and closed quite suddenly (at least for me). So I know by now that the admin of USDozen Roger paid almost all the funds that left in his ecurrency accounts and he’s managed to launch another program already. This time it’s an HYIP called InvestiMates. The plans though are very similar ones to those offered by autosurfs. On one plan you will be paid daily 10% for 12 days (120% total), and the other plan is 12% for 12 days (144% total) with payouts on expiration. ImvertMates program accepts four payment processors: LibertyReserve, AlertPay, SolidTrustPay and StrictPay and the minimum to invest is $5 which should be done in installments as the program utilizes Neversay script. I can see that many former members of USDozen are joining InvestiMates program already so I believe the new program by Roger can be successful. This is the very honest email from Roger to all the former members of USDozen I received today. In this email he explained the reasons why USDozen was closed and InvestiMates opened:
“Unfortunately, USDozen had to close. If you observed, there were lack of new upgrades over the past 12 days or so and this has dictated the fate of our program. The autosurf arena is not as active as it was before and therefore, I just opened a program and it is called InvestiMates. You can visit the website and sign up if you wish to support me. Here is the link.
I know I cannot and did not please everybody with the closure of USDozen but it is a natural death of the program. You may ask the processors to confirm that the funds went to the payouts until they were drained.
No refunds will be issued as stated in our terms when you signed up for USDozen. For once, let us play by the rules here.”
I am going to review this promising new HYIP called InvestiMates within the next couple of days. So stay tuned for that, guys!

Finally, the last program I would like to announce today is StoreContract. It looks nice and has some unique layout which I don’t remember I have seen in any program. The program is hosted on a dedicated server by Dragonara with the domain registered for two years. The script of StoreContract is really unique and I have never seen such one before, they have also SSL-connection secured. Unfortunately only two payment processors are accepted at the time: LibertyReserve and PerfectMoney. The site of StoreContract has a very comprehensive guidance on how to invest your money with them. And yes, the most important thing – plans. They are different with fixed weekly payments but the most interesting thing is that you can choose your term by yourself. The investment terms vary from 1 to 9 weeks with the weekly rates from 7.7% to 16.5% (depending on the longevity of the particular plan and the sum deposited). The weekly profit is credited to your account where you can withdraw it from to your ecurrency accounts. More about StoreContract you will be able to read in the coming review that will be published on my blog next week.

Finally, I would like to report the programs that paid me today. So they are: Fexity, SigmaTral, SteadyGrowthInvest, GeniusFunds, NovalexFinance, CoolReturn, Ivy-Castle, SilverLodge, MajorBarter, Verifield, ForexExperts, XagaEnterprise, Treckswana, ElegantMoney, NanoMoneyCorp, StableInterest, LloydFunds, YesICanSurf, VentureFundsGroup, NorthBizz, OrybFunds, GoldNuggetInvest and OilInsider (the first payment received). See you on my blog tomorrow, guys!