Sep 3rd, 2009 Archives

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BEWARE! THIS PROGRAM HAS STOPPED PAYING! PLEASE DO NOT INVEST!

Hi everyone! Tonight I want to introduce you to another new program I joined just a couple of days ago. I say “new” but that’s really a misnomer. It’s not that new at all. Just new to me. It’s called AimTrust, it’s an HYI program, and it’s been online for a number of weeks now. So I’ll not be at all surprised is many of you have already signed up. If you have then please get in touch as I’d love to hear about your experiences with them. (You’d think I’d have asked that before I joined, lol!)

Like another program I joined on the same day as AimTrust, I do have mixed feelings about certain aspects of it and I’ll get to that, but overall I’m quite positive. How could I not be? They’ve been paying out for the last five weeks.

There are two plans available from AimTrust and quite frankly they couldn’t possibly be any more different from each other than this. The expression “chalk and cheese” comes to mind, but that’s not a bad thing. Some people like short term programs, some prefer long term ones, and AimTrust tries to combine both under one handy umbrella for you. The first one runs for 30 days and is open for amounts between a minimum of $20 and a maximum of $99. The rate of interest is low. Very low. It’s only 0.5% per day. So if you were to invest let’s say $50 here then you would get a daily payment of $0.25 per day until you amassed a total of just $7.50 on expiry, although your principal does get returned (of course!).

So is such a small return worth the risk? Well the thing about this plan is that it is quite clearly devised as a sort of “test” plan. It’s just an easy option for you to satisfy yourself that AimTrust is a good paying program and once you have done that then you may feel a bit more confident about getting involved with a more serious plan. Nothing wrong with that. Indeed one of the all time giants of the HYIP industry, PanaMoney (reviewed here) does the very same thing. But when it comes to the more serious long term plans, I fear the cost of joining will be so prohibitive to most as to make the test plan (or Demo Plan as they call it) be taken a bit more seriously than AimTrust would have liked.

So what of the long term plans? Well in essence there’s just one but there are several variations according to how much you invest. But again, some just look for ridiculous sums of money so I’ll just go through the options that may interest the readers of MNO. Readers of Forbes Magazine can wait for them to review AimTrust for the other plans, lol! Basically then the other choice you have here is to make an investment for 270 days. Amounts between $100 and $999 will earn you a daily interest payment of 1.2%. For a $100 investment that amounts to $1.20 per day building up to a total of $324 by the time the plan finishes.

For the brave among you prepared to go in with $1000 you are promised a daily rebate of 1.5%. So on a thousand bucks that’s $15 per day, again for 270 days and again with your principal returned on completion of the term. This option goes all the way up to $20,000. There are more expensive plans than that and if you are curious about them then have a look at the AimTrust website for yourself.

If you like any of these options and think they may suit you then one thing you should be aware of before joining is that there are certain withdrawal fees involved. It all depends on how often you wish to withdraw. You will as I said earn money on a daily basis but should you wish to withdraw on a daily basis, than expect 5% to be knocked off your profit. If you want to withdraw per week you will be charged a slightly less punishing 3%. Monthly withdrawals are free. Hardly endearing and kinda robs itself of a lot of the benefits of offering daily payments at all I think.

The payment options are very limited here with just LibertyReserve and PerfectMoney accepted. Bank wires are available to those who verify their identity for AimTrust by submitting certain documents, but why you would wish to do that for somebody who will not verify theirs is beyond me. Anyway, the option is there should you wish to use it, as is the option of compounding. Again, I’m not a fan but that will be your call.

The script that AimTrust is running off is highly customized and as far as I can see quite unique. It even has a slightly amusing feature or displaying your country’s flag and telling you how many members are in that country. For instance I’m still in Iceland and it tells me I am one of four members here. Not important of course, but just one of those little things that make the site stick in your memory. It’s also a little complicated but some will like the fact that it is so different. And of course when I say it’s complicated I don’t mean that it’s difficult. It just takes a little bit more getting used to than the average HYIP. However it can be a difficult site to navigate for the first time viewer. AimTrust is also hosted on a dedicated server and has SSL encryption.

It has quite a professional appearance overall and is also quite good when it comes to offering support and communication with the members. Apart from the traditional online support ticket submission system AimTrust is among the growing number of online investment sites to have a Live Chat feature, a trend that I hope continues.

When it comes to the claims about the outside business activities of the program, I have to say that this is really where AimTrust trips itself up. They are simply trying to be too clever here for their own good and have put far too much effort into making the story just too elaborate at the expense of other areas that the typical HYIP player attaches a lot more value to, like simplicity and ease of use. I’ll give you an example. They offer a list of holidays on which they will not be working. The list includes Catholic Christmas, Orthodox Christmas, and Hanukkah! In fact they seem to have more days off than on with Mother’s Day in two different countries, Valentine’s Day, and even Halloween all being taken as a day off work for AimTrust.

Other that that there’s pages of information about their company and their role in the oil-and-gas and pipe manufacturing industry. None of it telling you anything of substance and none of it identifying the real owners. Standard fare for an online HYIP in other words. For the record they claim registration in Panama. So lots of potential here but it comes with an enormous amount of unnecessary clutter for you to cut through first. They could have thrown this wide open to a lot more people had they dropped the pretense. But if you persist, then AimTrust may be a rewarding pick as part of a diversified portfolio.

Other news for today.

Somebody accused me in my Shoutbox today about reviewing only short-term programs and totally ignoring long-term ones. Well, it’s absolutely not true (just check my favorites list on my monitoring page!) and you will notice from today’s review I also look at quality long-term programs. I will listen to your suggestions and try my best to provide you with detailed reviews of a good mix of programs that might be of interest to you (both long and short-term). I believe some people prefer short-term programs if they are gamblers by nature and the long-term ones are preferred by the more experienced and cautious investors who build a strategy little by little and are more often than not in profit due to their expertise in this field. Anyway, I hope you all will learn and find out how to make money in HYIPs with time and remember that people always make mistakes along the way. It’s the best way to learn. But whatever you do don’t forget the golden rule of any investments: never invest what you can’t afford to lose and always diversify your investment portfolio!

Let’s get to the news now. It seems I was too hasty about TenTraders program (reviewed here) last night. They’ve really delivered what they promised and paid all the pendings today though with some delays. Anyway, having thousands of members now I can understand that it’s very hard to handle all those hundreds of payouts daily. There is a lot of pressure now I agree, but the admins of TenTraders have chosen this line of work for themselves so they should continue as usual if they want members’ support. There was two important updates from TenTraders administration (interviewed here) today regarding the payouts so please read it carefully to avoid any misunderstanding:
Hello TenTraders Members, we changed maximum amount of daily withdrawals to $400 for making more security for you, your funds and your accounts.
But for example if you hav $20000 withdrawal and want to withdraw it you need to pass confirmation. You should contact us first and we will confirm it.

Hello TenTraders Members, All requested withdrawals untill 2 hours ago for LR, PM, SP has been sent.
We will send AlertPay requested withdrawals soon.
So regarding to our previous mail, we returned back some requested withdrawals. if your requested withdrawal has returned back on your account balance please this time first check your email, ecurrency account and your other account information and next withdraw fund if you want.
Please make sure that you have a unique password for your TenTraders account.
So we changed maximum of daily withdrawal to $400 for making more security for you, your funds and your accounts.
Today will update: we will place a button for who has forgotten their withdraw code to reset it.

Another pleasant surprise was awaiting me today when I discovered that CoolReturn (reviewed here) came back online after some bandwidth issues caused by a DDoS-attack as the admin explained in his official update:
Our site was under DDOS attack that’s why first site was suspended and later on our request it was unsuspended. This DDOS attack eat our bandwidth. We are working on this and very soon will get rid off this attack.
After necessary maintenance and work website is back to normal. Please login to your account and do business as normal. Thank you
”.

The admin of PreviaTrust quite rarely sends updates so it was a pleasant surprise for me to receive something from him today. Although nothing really important can be found in this update newsletters shouldn’t be ignored by programs’ admins IMHO. I remind you that PreviaTrust is a program that pays 8% for 14 days, 9% for 13 days and 10% for 12 days (please note that ROI is only credited on business days). You can read more about them by referring to my review published here. I’m going to send some questions for an interview to the admin of PreviaTrust tomorrow and hopefully he will answer them soon. Meanwhile here is the update:
Greetings Everyone, PreviaTrust has been online for 12 days.
Over than 200 accounts has been created in PreviaTrust.
PreviaTrust is growing each day. Slowly but sure.
We aim to be the best short-term program in this industry.
Please support us. Post your payment proofs, rate us, and promote us everywhere.
Thank you. Regards, Alex
”.

I would say that the admin of PTVPartner program is one of the most communicative admins I’ve ever met during my many years of experience in this Industry. Garrett is also a native English speaker so his updates are always a pleasure to read. In the most recent update published last night he emphasizes and describes in detail the means of communication that you can see in his program (it pays 110% after 10 days, 125% after 20 days, 145% after 30 days and 190% after 40 days). Of course he couldn’t not mention my review of his program that has been published here. Yes, I believe PTVPartner is different from the others and hopefully this difference will be a sign of the longevity of the program. It’s just launched and the first payouts on expiry are yet to be processed so it’s hard to judge its merits just yet. Anyway, here is the update from PTVPartner:
Sitting here in Belize, enjoying the breezes as a few thunderstorms roll by, I love this place. It is absolutely beautiful here. I was reading the PTVPartner review made by Money-News-Online (MNO). All I can say is WOW! Now that is a Spotlight of a first review! Congrats to Us!!!
Since its release there has been an excellent ‘BUZZ” all over the HYIP world online. We would like to thank Paul for taking the time to check out our program. We are extremely grateful he was impressed and shared as much information, regarding us, with his readers as he did. His review can be found in the Newsletter / Review section of our Forum as well as on his Blog at
http://money-news-online.com/blog/category/reviews/
We have also added some of the more popular monitoring sites to our ratings page and would encourage all the members to assist us in establishing, a visually precise presence there, by rating us as you receive your withdrawal requests. Please support us at these locations.
Today has been another excellent day for PTVPartner!
Member count continues to climb as well as the overall participation levels of the members.
Withdraw requests were processed on time and in full.
Our Chat Room is increasing in activity hour-by-hour and Day-by-Day. You really should come by and check it out. We have high hopes of this room being jamb packed with members, investors, friends and acquaintances.
We have created several rooms actually. Our main room is labeled PTVPartner Support. This is where you will find us most of the time. If you have questions, concerns, problems or challenges please check here first. We also have a room set aside for our Chinese speaking clients and another for our Russian associates. If you like, there is a Game Room as well, where you can enjoy the integrated gaming console.
As time goes by we plan to use these rooms to line up meetings, conferences, special speakers and educational seminars as well. Our plan is educate any one that is interested on various aspects of the PT Lifestyle. Topics will include things like ‘Going Offshore…the right way’, ‘Establishing an Offshore Entity’, ‘Offshore Business with an Onshore Status’, ‘Expatriation..is it for you’, Offshore Banking’ and
many other topics.
Our ultimate goal is to build an entire array of online PT and Investor communities. Communities where you can just relax and watch your investments mature or gather and enjoy new friends.
In the next few days we will launch our Live Online help. This has not been an issue yet, but we want to live up to the goals we have set for ourselves and the promises we have made of having a far superior support effort to anything found anywhere on the net. Our live online help, once launched will be monitored 24/7.
Our Moderators are doing a fantastic job as always. We wish to publicly announce our appreciation for all their efforts. We have a wonderful group and it would be well worth your time to come by and get to know them.
Speaking of moderators, we are still hiring, so if any of you feel like you have what it takes and would be effective at handling a Voice Chat Room, Support Tickets and Forums please come by and speak with us at our Support Room.
If you simply take a look at what we have done and what we are doing, you too will come to the conclusion we are by far the Ultimate Online Investment Program
Start the Experience…. join PTVPartner ….. and free your life!!!
Garrett PTV Admin.

By the way, I was just browsing the private forum of PTVPartner and came across a curious article which I would like to republish on my blog. It concerns investment activities and embraces the admin’s willingness to share his personal views on whether it’s possible to sustain such high payouts as PTVPartner offers. It’s up to you to believe this story or not and as Garrett told only time will tell who was right. Here is the admin’s update about the possibility of the verification of investment opportunities PTVPartner has to offer:
How can we verify where you invest our funds?
In brief, these Private Placement Funding Platforms are ‘Invitation Only’ opportunities for Clients, especially those looking to provide Venture Capital for these extremely large scale commercial projects which we have sourced.
The minimum entry requirement for Invitation Consideration is $100 Million and a formal request, in the form of a Compliance Package, which consists of varying documents, including a Client Information Sheet (CIS), Color Copy of a Client Passport, a Letter of Intent (LOI) to inquire about the current programs available, Proof of Funds (POF) and Authority to Verify (ATV) the Funds or Bank Notes to be used to satisfy leveraged capital requirements.
Once the Compliance Package is approved, a formal invitation, in the form of a Memorandum of Understanding (MOU) or a Participation Contract, is issued to the Client, which will require signature in approximately 24-72 hours. The MOU / Participation Contract will include a Non-Disclosure Agreement and a set of instructions the Client needs to follow to initiate the Venture.
After the MOU / Contract is signed and returned to the Platform, the Client will then need to perform the tasks the PTVGroup requires to transfer funds.
Participation then commences shortly thereafter, with the Client seeing returns in as little one (1) week up to roughly four (4) weeks, with either weekly or monthly payments over the contractually specified Participation Period, most often in the range of 40 weeks.
These programs are extremely highly rated programs that have been in operation for decades.
The minimum amount required to participate is $100 Million USD, and the returns for this program are a targeted 100% a week.
“Full Disclosure” Meeting; Approved Clients, prior to contract-signing, are invited to attend a Full Disclosure” sit-down with the Program Directors. At this meeting, the Directors will disclose fully their credentials and their high level approvals to operate the program, and will provide comprehensive “non-public” information regarding the nature of the trading operation. And answer any questions that the client might have.
PTVPartner was created to allow participation on an extremely small scale. Simply, we are here to provide the HYIP arena an opportunity to participate in a Real Private Placement Funding Opportunity. We are not here with expectations of acquiring even a collective $10 Million. You could consider our presence here, a gift.
Would we be wise if we revealed the programs to every $25.00 investor interested?
What would happen if all of a sudden, on a massive scale, $25.00, $100.00, $1000.00 or even $100,000.00 investors started making contacts, disturbing operations, requesting Due Diligence Docs, making inquiries etc, requesting Proof of Opp,?
Would it not create a pandemonium of sorts?
Do you think the Major Participants would begin to question our sanity? Our Business Savvy?
The Bottom Line is, it is not going to happen! We cannot risk, at any time, nor for any reason, these investment opps. If your participation with PTVPartner requires more, you would be well advised to simply not participate. This is all there is.
For those of you that absolutely Must have ‘Proof’, we say wait. Don’t participate here. Leave your money in the Ponzi schemes that you are already investing in. When we have been around long enough for you to become comfortable, and you become tired of losing your investments, you will still be welcome. We will still be here.
For those of you that have the $100 Million minimum, feel free to request the CIS and we will do the Due Diligence and determine if you are a candidate to participate.
Do yourself a favor. …
Read the Why Here? Why Now? Section located on the Home page. This better explains the field as a whole. Research the leads we’ve given you. Do your own due diligence, and if this seems like a good fit, then…
Start the Experience…… Join with PTVPartner to…. ‘Free your Life’

Please note that LiberalTrade site is back online but the status will not be changed until all the pendings are processed. I advise you to expertise caution in this case and not to deposit in LiberalTrade until the payouts resume. I have just received an update from the admin of LiberalTrade where he promised to pay soon so let’s hope it’s true. I will update you on my blog if the payments resume and meanwhile please read the following update:
Hello dear LiberalTrade clients
Our website was under huge ddos attack for two days and unfortunately it was down during these days but now we have back again with any problem and are ready to pay all pending requests. We will pay all withdraw requests between 1- 72 hours after your request.
Notice: Perhaps our website does not work in some countries now, but it will solve within 12 hours.
At the end, we are sorry for these problems again and we promise to work better than past days for growing our site for our members.
Thank you for your patience
”.

I want to tell you now about the programs paid me for the last 24 hours. They include: TenTraders, PTVPartner, PanaMoney, GoldNuggetInvest, GloriousProfit, Verifield, GeniusFunds, StableInterest, ExcellentProfit, IncoForex, CoolReturn, OnisGroup, AxaCofinance, NanoMoneyCorp, WLInvestments, AdsDailyPro, FortixCapital (the first payment received), FoxiVer (the first payments received) and AimTrust (the first payment received).

And finally there are two long-term (or better to say medium-term) programs I have joined today. The first one is called CedexInvest and it just launched yesterday. It’s a program that accepts only LibertyReserve and PerfectMoney (the minimum investment is $10) and it pays 2.4%-3.2% for 62 days with your principal back on expiry. Good layout, licensed GoldCoders script, dedicated server and reasonable investment plans. Of course you should totally ignore all the nonsense about their Monte-Carlo address, working with stocks and ForEx etc. It’s better to treat CedexInvest as a game which it certainly is. The plans can be run for a long time though and if the admin of CedexInvest has honest intentions we might be seeing the next popular program here soon.

Another program I would like to announce today is Capitalex. It’s not a new one exactly as it has been online for three weeks already. However, their plan of 2.5% for 40 trading days with the principal back on expiry does look sustainable in the long term. Capitalex accepts LibertyReserve, PerfectMoney, StrictPay and Bank wires ($10 minimum to invest allowed with $5,000 maximum). The script is highly customized, the design of the site looks crisp and professional, the site is hosted on a dedicated server, etc. Everything seemed to be alright in fact but I couldn’t help but have a feeling of deja-vu. I have seen something similar before, CapitalCorpex, NorthBizz and most recently RoxiTrade – they all were hosted on the same GeniusGuards server and had similar layout and customized scripts. Well, it also applies to Capitalex program. I don’t think it’s a bad thing that the admin ran other programs in the past but definitely it will scare off many investors. Of course, I might be wrong about them but so many similarities simply won’t go unnoticed to the experienced eye. At least Capitalex website doesn’t contain a fake addresses and other lies. Hopefully the lesson from their previous programs was learned well and now they only state the usual about trading ForEx which can’t be verified anyway. So I would also suggest you treat Capitalex as a game. One way or another, any ForEx trader can’t be in profit all the time and their previous program failures showed as much to the investors very clearly.

So expect more detailed reviews of CedexInvest and Capitalex on my blog soon. As for now I would like to say good-bye and hope to see you all on my blog tomorrow. And yes, I finally return to London tomorrow night and so I will have more time to catch up with all my e-mail as my mailbox has been literally flooded over the last couple of days. So if you expect a reply from me and haven’t received it yet please accept my sincere apologies and I promise that everybody will be replied by Friday night. So wish me a safe trip and I’ll see you all back here tomorrow!

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