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

Hi everybody! Recently a couple of eagle-eyed readers came across the site I want to look at today and kindly passed it my way. It’s called TenTraders and I know some of you will know it already. Now as I am still on vacation at the moment I am not really getting the free time necessary to look into and research every single program that gets passed to me, certainly not enough to review or recommend them to others, I have to say that I made an exception here.

So why for them? Well TenTraders is a short term high ROI program and given the online investment community’s almost insatiable appetite for plans like those on offer from TenTraders right now and the choice of payment options available, I would imagine there is a lot of interest in it. Despite it being online for three weeks already, I think there is still a chance for TenTraders to expand a small bit further. At least if the initial enthusiasm shown towards it continues it might. And they would seem to have a decent enough advertising budget with their banners on just about every major forum and monitor now. That doesn’t make it any good of course but at least we know they’re trying.

There are a good number of plans here and for the most part quite affordable. One thing that is common to all plans is that they pay only on expiry.

The most basic one runs for just one day and pays from 107% to 109% including principal on amounts from $10 to $10,000.

The next plan is open to investments between the same amounts except that this time the investment term is 2 days and the ROI will be between 115% and 120% (principal included).

The third plan will run for 3 days and is also open to deposits between $10 and $10,000. The total payment here will be from 123% to 135%.

For an investment term of 5 days you can earn a total of between 145% and 165% total ROI, again for amounts between $10 and $10,000.

There are 3 more plans on offer from TenTraders but from this point on they get slightly different. The price goes up and the ROI is no longer variable. So next up for investments of between $105 and $20,000 you will receive 170% back, including your principal, after 7 days.

For amounts between $250 and $10,000 you can get 210% return after 10 days.

And finally, the last of the 7 plans on offer will pay 450% total ROI an amounts between $200 and $20,000 after 20 days, principal included.

I’m sure there might be at least one plan in there to interest most of you but before we move on I’ll just point out a couple of other things. The current list of payment processors accepted by TenTraders includes AlertPay, LibertyReserve, PerfectMoney, and StrictPay. It has been noted though that payments have been slow as of late, but the fact is that they have still been made. At the moment though LibertyReserve customers are receiving their payments via AlertPay for the next couple of days. More about that coming up in the news section so keep reading!

TenTraders website is hosted on a dedicated server by a previously unknown (to me) hosting provider. I don’t know how good they are but at least I’m not aware of any problems with it since the site first came online three weeks ago. So until proven otherwise I guess they’re fine. As far as the script is concerned, it’s actually from GoldCoders and licensed though it is basically a custom re-designed version with a little extra security thrown in for good measure regarding the protection of passwords. Customer support is through an online e-mail ticketing system or directly through a series of e-mail addresses. There is also a postal address and telephone number in the USA, however given the legal status of HYIPs there then I can only be highly dubious as to its authenticity. I rang the number myself today but only got a recorded message telling me the the (unnamed) person I was calling was not available. But feel free to call it yourself and see what happens. Let me know if you have a better response.

By the way, I sometimes get criticized for passing over the claims made by the programs I review relating to the various lines of business they are supposedly taking part in. Well the simple reason for that is that I take few of these claims very seriously and prefer to waste neither my time by writing about it nor your time by making you read. TenTraders will be no exception although you remain free to visit their website, read about their exploits on the New York stock exchange and decide if you like it. Disregard the claims that your deposit is guaranteed however.

The fact that such a high paying program as TenTraders has been running successfully for as long as it has is by itself a pretty decent achievement and even a surprise. For those of you who’s next question is usually “how much longer can it last?”, well the answer is simple. Like every other business, HYIP or otherwise, it will continue as long as the money continues to roll in. TenTraders aren’t a knitting circle after all! So use your head with this one. Keep it sensible and enjoy the game for what it is.

Other news for today.

First of all let’s talk about the current STP issues. It seems that yesterday and today the SolidTrustPay payment processor was offline again and even when it came back online for some time it was short lived. It was so frustrating not only for the clients of STP but also for the administration and support team of STP itself. There was even one ultimate decision under consideration – to change the hosting provider from the current BlackLotus to a more reliable one. This is what I found on STP official blog today (in comments section):
“However…it is exceptionally frustrating. We are actually in negotiations with a different
protection provider at this very moment.”
I can understand this frustration as the stable work of undoubtedly one of the most popular payment processors being interrupted caused some chaos in the HYIP world as SolidTrustPay was mostly offline for over 6 days. The so-called DdoS protection from BlackLotus didn’t work and if you remember that recent DdoS on GoldNuggetInvest program (reviewed here) that couldn’t be mitigated for some time the question arises if BlackLotus protection is really that good and if it will really help HYI programs and payment processors alike to survive a strong DDoS-attack. In addition, it seems that STP mass payment system didn’t work correctly for the last couple of days either which caused some double and even triple payouts to some investors (those payments were later deducted by STP administration). GoldNuggetInvest (which is #1 on my monitoring page) seems to have suffered from it most as it has thousands of members and it was virtually impossible for them to process the pending payouts to STP manually.
Fortunately, it seems now everything is back to normal and SolidTrustPay is back online. Hopefully this recent downtime will never happen again and lessons will be learner and appropriate action will be taken so as not to allow this to happen again. Here is the latest posts on STP’s blog with some tips on how to access the STP site if it’s still not loading for you (it’s loading for myself normally):
“We are continuing to implement DDos protection.
We have found that flushing DNS may help you to regain access.
The following is a brief explanation and instruction:
The caching of DNS on local system ensure the fastest speed to resolve any domain name. However, it may cause some issues such as some website and web pages
not loading or cannot be contacted and connected when browsing, caused by changing of IP address or nameservers that have not been reflected and refreshed on local copy.
When encountering any inaccessible or unable to load web page issue, one possible resolution is to try to flush (empty and reset) the DNS cache on the system. To flush the DNS on Windows system (Windows XP and Vista inclusive), follow these steps:
1. Click on Start button and then click on Run (alternatively just hit Windows + R keys) to open Run command dialog. Type Cmd into the Run box, and hit Enter. In Windows Vista, open an elevated command prompt.
2. A command prompt
DOS window will open. Type ipconfig /flushdns and then press Enter to purge the DNS resolver cache.
We expect access to resume slowly.
Our experience shows https://solidtrustpay.com works better than https://www.solidtrustpay.com
Thank you all for your continued patience.”

Ok, let’s hope it will be the last DDoS related story we hear from STP again. However some programs that accept STP among other payment processors weren’t affected too badly by this downtime either. At least the current leader among short-term programs InvestiMates (reviewed here) that is paying 10% for 12 days with daily payouts and 144% after 12 days paid on expiry is still rocking. The total amount of deposits received for the lifetime of InvestiMates (73 days) currently fast approaching 1 million dollars. I hope that we will celebrate $1 mln. in deposits pretty soon but meanwhile here is the latest newsletter from the administrator of InvestiMates Roger Miller (read my interview with him here):
“Hello mates, Greetings to everyone. InvestiMates has now 3400+ members and $918,000+ in total deposits. This is something to be happy about and at the same time something to do something about LOL.
Seriously, since the program has grown at an amazing rate the past weeks, we need to work harder in order to sustain this growth. Remember, the bigger we get, the bigger we should get every new day that comes. I hope everyone works hand in hand in making InvestiMates a stable program that will enable it to last for a very long time.
This e-mail is just a reminder of the good things we have achieved and the things you can do in order to maintain the smoothness of the program.
I guess that is all I have to say. See you at the forums.
Regards, Roger”.

PlusInv program (reviewed here) is also doing well. It has reached 1800 members after just 10 days online. It has shown to everybody what a simple program can achieve by providing high-paying plans to online investors (112% after 3 days, 130% after 7 days, 310% after 30 days), accepting all the major payment processors and (the most important thing) by paying fast. Some of my withdrawal requests from PlusInv program are really being paid within minutes after request. The replies to support tickets are fast as well and I don’t see any obstacles preventing PlusInv from further growth. Here is the latest from PlusInv administration:
“Hi guys! We’ve had a great time so far, reached the high top on many monitors and we managed to stay there. Thanks to your wonderful work, voting and posting we got 1792 members in less than 10 days and that puts on top of all the others. We did have extraordinary support from many of our faithful members so we’d be grateful if the rest of you that didn’t get to post on our forums or vote for us yet would consider taking a few minutes of your precious time to let everyone know that you’ve been paid daily. Also your every single vote on the monitors can make a difference!
Yesterday we’ve just added interview by money-news-online, the majority of you the members probably are very familiar with it already…
Once again we’d be really grateful if you’d support us there too by voting and posting on their forum as we want to conquer that one too.
Also we think that by joining this discussions forums you might enjoy our program even more as you’ll find there such great friendly people with whom you may share your experiences as a investor.
Thanks again and have a nice day.”

Please note that unlike PlusInv the withdrawal requests in TenTraders are currently taking longer than usual. Sometimes it takes up to 48 hours for them to process your pending requests. So my pending request to AlertPay took over 30 hours to be processed and I even had to move TenTraders to Waiting status on my monitoring page temporarily until all the pending requests were paid. Today there was another blow to the program. Obviously the program has some shortage of LibertyReserve funds (or a surplus of AlertPay) so it was decided to pay all the withdrawals requested to LibertyReserve to AlertPay accounts instead. If you don’t have an AlertPay account specified in your TenTraders account you’re advised to do so. Otherwise you will have to wait up to 72 hours until the withdrawals to LibertyReserve resume again. Can it be considered as a warning sign that TenTraders are going down? I’m not sure but definitely you should hold off from depositing large amounts of money with them until this issue is resolved. Of course I will update you on my blog when this happens and meanwhile read the official update from TenTraders program I received just a few hours ago:
“Hi, TenTraders Members, We should pay LibertyReserve witdrawals with AlertPay until 72 hours.
TenTraders team decided to pay all LibertyReserve withdrawal via AlertPay because of a technical issue. This will take 72 hours to resolve LibertyReserve wihdrawal system.
Now if you have an AlertPay account in your TenTraders account we are going to pay your LR withdrawals to it and if you have not set an AlertPay account please login and edit your account and set an AlertPay account to it or wait for 72 hours to pay via LR if you have not an AlertPay account.”

Another short-term program StableRoi that is paying 120% after 5 days and 150% after 10 days is going to be reviewed on my blog tomorrow. The admin of the program announced the first referral contest yesterday with the results being drawn at the end of August. Here is the update from StableRoi:
“I’m pleased to announce the first referral competition of our program.
How Do I Enter?
1) Just join our program at StableRoi.
2) Click on “Referrals” to see your referral link.
3) Open link “Get Banners” to see your banner code!
4) Use your referrals link and banners to attract new members!
Who will win?
Winner will be member who will have the most referrals! Competition will end in August 31 and winner will be announced day after that – September 1st!
Prices? #1 Place gets $100 #2 Place gets $50 #3 Place gets $25 Good Luck!”

The admin of DirectResult (reviewed here) also announced a promotional bonus for all new investments over $10 that will be available for the whole week. To tell you the truth it’s already the third week when this marketing trick works well and so I’m sure the admin will extend it for another week. That’s strange to me sometimes how psychology works in funny ways when they prefer some “bonuses” instead of looking for a high-quality and low-ROI programs with stable plans like GoldNuggetInvest for example. It never promised any bonus but has been working steadily for three years. This is definitely the one to watch! But if you’re in this industry for up for grab bonuses here is the latest update from DirectResult:
“This offer is so successful I felt it should be given again this week to all.
Make an investment of any amount above $10 and your investment will be increased with 10%. Invest $10 and your investment will show $11. Invest $500 and your investment will show $550. Invest $1000 and you will have $1100 as your new investment amount.
You can invest any amount, provided it is higher than $10 to qualify for this offer. And you can invest multiple times.
Please note that investment of $10 and above made using AlertPay will only receive 1%.
Investment of $10 and above made using LibertyReserve will receive 12%.
Investment of $10 and above made using PerfectMoney will receive 12%.
Investment of $10 and above made using StrictPay will receive 10%.
This offer is between now (when you receive this newsletter) and Sunday the 23rd of August 2009.
When your investment is made please note that the increment is made to your account manually so please allow up to an hour or so for the increment to be added to your account. Everyone is welcome to participate.
Best regards. Lesley Sullivan”.

GloriousProfit issued a pretty important update today. It informs members about the current stats and the success the program is experiencing. There was also a new improved ticketing system announced to communicate with the members of GloriousProfit in a more efficient way. And more: SolidTrustPay will be added to the list of accepted payment processors soon (probably within a week). I remind you that GloriousProfit pays you 5%-5.5% for 30 days and you can read more about the program by referring to my detailed review published on my blog here. Here is the latest newsletter from them:
“Hello Again, Here today to give you the latest news from GloriousProfit. So let’s not waste your time and get right into it.
First I would like to get into the progress and tremendous growth of GloriousProfit. It has been by far a success already in just the short 6 days online. The member count has now reached 476 and keeps growing daily. About 60% of the members have deposited into their account and some have a great daily earning. The total income of GloriousProfit now reached $12,750! This is very good news and shows the support we have. With our rates, we are able to payout some quite good earnings and still have the stability and be a long term investment site.
Moving on and upward into making GloriousProfit even bigger and better, we would like to tell you that we are looking into adding SolidTrustPay as our next available Payment Processor. Until then, remember we still have 3 options for you to pick from including StrictPay, LibertyReserve & PerfectMoney. Hopefully we will have this ready within 1 week.
Another new feature we have already added is the new ticket support system. We decided to add this brand new feature to better serve you and help with the organization of support request. As the amount of members is growing rapidly, this was the best choice we have made and it will only help us move forward and soon be a top leading site. You can find the ticket support system simply by clicking on the same support link in the site or can see it on these two links:
http://www.support.gloriousprofit.com/
http://www.gloriousprofit.com/support/
That’s all the news for today, enjoy your week!
Sincerely, Chris Ogeri. GloriousProfit.”

CashXpress (reviewed here) added online support and from now on you can chat with the program’s administrator online within designated hours. I remind you that if you wish to find out more about CashXpress you can refer to yesterday’s interview with the admin published here. This is the latest update from him:
“Dear members, thank you again for your great support. The CashXpress platform is moving forward day by day and from today we provide a live chat support with Gary. We decided to stop the live chat option with ICQ as it was not really used. And with our new Live chat support you do not have to download any software. Just check the chat button if Gary is online or not. Of course he won’t be online 24 hours but as soon as he is back from Montreal we will publish the hours he is online on our contact site! If he is online you just click on the button and a new chat window will open. Than you are free to talk live to Gary and ask any question. If Gary if not online you can still contact us like before with our contact form or you can send us an email.
Your CashXpress Team”.

AxaCofinance (reviewed here) is paying to everybody. Despite this the program was recently the latest victim of a well-known blackmailer-bad poster team. Please be aware that the admin of AxaCofinance refused to pay for their “service” so you should expect some bad votes on forums and monitors. Hopefully the readers of MNO are smart enough to distinguish true votes from fake ones so it will not affect the program much. Anyway, the most recent update from the admin of AxaCofinance was greatly appreciated as it didn’t ignore the threat and informed the members of his program about it:
“Dear Members. I’m writing you today, to inform you about our first “Attack of bad posters”…I informed monitors about the situation and requested them to delete bad and fake votes. I hope it will be done fast because we are working a lot for AxaCofinance, handle payout and communication quickly, giving our best… We decided to no pay those bad posters to they stop….and we advice all others admin to do the same. Anyway if you’ve been paid recently, Please post a small comment or proof of payment in monitors/forums to share your Axaco’s experience with others. It will help a lot to fight this bad posters. To come back with some good news, we are growing slowly for now but more than we thought, also we can tell you this “AxaCofinance is going like a truck, slow speed , but for a very long road”. We are preparing the first referral contest which will be announced tomorrow with another newsletter. Stay tuned. Best regards, David from AxaCofinance.”

And finally there is some good news from RoxiTrade (reviewed here). The program has made a comeback by paying all the members today after giving a very dubious reason for not paying for a week just a few days back. Although I don’t believe the stories of the office getting raided the most important thing is that RoxiTrade resumed the payouts and therefore it will be returned to Paying status on my monitoring page. Just please be aware of all the lies they have posted for the last few weeks and get used to the idea that RoxiTrade is just an HYIP-game and not a real investment company (although we can say the same for 99% of all programs anyway).

That’s all I wanted to tell you today, guys. Except for the list of programs that paid me for the last 48 hours and therefore have Paying status on my monitoring page: 12DailyInv, TenTraders, PanaMoney, BestInv, Verifield, GeniusFunds, CorpusTrust, AssetsParty, WLInvestments, InvestiMates, DirectResult, 12DailyClicks, OnisGroup, InvestmentForge, PlusInv, GloriousProfit, CoolReturn, CashXpress, GoldNuggetInvest, NanoMoneyCorp, SolidCapital, XagaEnterprise, StableInterest, RoxiTrade, FlipReturn, YesICanSurf and StableRoi (the first payment received). Join me tomorrow for more news from the industry and another review! See you soon!