Sep 4th, 2009 Archives

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

Hi everybody! Another first for money-news-online today as I write this review from 12,000 meters up in the sky. I’m on a plane taking me back to London now that my vacation across Scandinavia and Iceland is finally over. Don’t worry though, I’m not flying the plane myself, lol, so I can concentrate fully on what I am writing. I’ll just post it online when I get back home.

So anyway, the program I’m reviewing today is called FoxiVer and it’s a short term HYI program with four plans available to choose from. Whatever your budget, if you decide that you like this program then you’ll find all four of them affordable. FoxiVer requires a minimum of just $5 to invest in any of them.

Starting with the lowest yield and lowest risk option, the first plan runs for 5 days. You may deposit anything from $5 to $10,000 (I think that includes everybody!) and upon expiry you will receive a once off payment of 107% of your initial amount. That includes your principal so it’s 100% principal plus 7% profit. Or to spell it out for those who need it if you invest $100 you will get $107 back five days later.

Working along the same lines, the next plan offers you a once off payment of 120%. But this time only after 10 days. The amounts accepted are again ranging from $5 to $10,000.

The third plan on offer from FoxiVer offers a payment of 150% on expiry after a term of 20 days. Amounts also start at $5 and max out at $10,000.

And finally the plan of choice for the risk takers and the greedy alike. If you want a payment of 190% on expiry, that’s 100% principal plus 90% profit then you are going to have to invest for a term of 30 days. The amounts you may deposit are again the very same as the previous three plans.

The other points I want to quickly mention about the plans are the accepted e-currencies. Not a bad list of processors here at all by HYIP standards with most (not all) of the popular ones being accommodated. You may join up using LibertyReserve, PerfectMoney, SolidTrustPay, or StrictPay. I said not all of them but the admin has assured me that he is confident of AlertPay being added sometime over the coming few days. I know their verification process can be a lengthy one at the best of times but they do seem to have some extra delays recently. But stay tuned to MNO and I will make sure you are informed about the addition of AlertPay on the same day it happens.

Also, once you have signed up for the first time you will obviously have done so directly from your payment processor account. Payments however will not be automatic and will only be credited to your member’s account area. You may then request your payment or if you decide to stay with FoxiVer for another term you may redeposit straight from your account area. Payments we are told can possibly take up to two business days to process so a little patience is required. In actual fact they are a lot faster than that of course but from recent experience with similar short term HYIPs when faced with an explosive growth in membership payments can face delays as they be a time consuming process. I guess that’s what every admin hopes for!

The security of the site appears to check the right boxes. It’s hosted on a dedicated server and protected from DDoS attacks, FoxiVer is also running off a licensed GoldCoders script. And for just that little extra peace of mind you will be required to set your own “secret question” to which only you know the answer.

Communications and customer support is available via the usual support ticket method or by e-mail. Discussion threads are also open on FoxiVer on three of the main investment forums. The FAQ page itself is a little thin but most of your questions can be answered by taking a look around the rest of the site. It’s quite easy to navigate by the way, well designed and user friendly.

The final word though will go to the admin himself. Quoted directly from his own terms and conditions page he informs us that “members agree and understand that there is no guarantee of earnings and FoxiVer makes no claims of potential earnings.” Wise words and applicable to all online HYIPs, not just this one. Investors would do well to keep that in mind, but don’t be afraid of it either. FoxiVer offers as good a chance as any of the recently launched short term programs, and as long as it’s new that chance isn’t bad at all.

Other news for today.

There is not much else to report today I’m afraid. PlusInv seems to be gone for good and of course the selective payments was really first giveaway sign that this was coming. What to say?

The withdrawals in TenTraders seem to be delayed once again. I will not be putting the program to Waiting status just yet but rather will give them another 24 hours. We all remember that TenTraders recently had some serious problems with their site and the fact that they overcame the issues and came back to pay to everybody seems almost unbelievable to me. If you consider how much TenTraders has to pay to its over 8,000 members on a daily basis you will understand how hard it might be. So I would not blame them for the delays yet and rather will give them another chance to prove that they are a serious program.

FlipReturn (reviewed here) just changed the design of their website and I must say it looks much better and eye-catching than before. If it’s the part of their campaign to make their website more recognizable (the new weekly plan has been launched recently as well) I must say they are on the right track. Anyway, if you want to check out the new layout of FlipReturn which is an openly piggybacking program you’d better go to their website and see for yourselves.

The admin of FortixCapital (reviewed here) sent out an update informing us about the early successes his program has enjoyed for the first days online. I think the level of the growth was kinda good for such a low-ROI program. Anyway, you be the judge of that. Here is the update from FortixCapital:
Welcome once again to FortixCapital your reliable trading service providers, we are so pleased about the growth of our program with over 250 members in 4 days who have deposited some thousands of dollars, we are sure making the wave presently and we hope to remain on top and keep up this good job.
FortixCapital has been reviewed by some of the most recognized blogs in the online investment sector and we have added this review to our site and we hope you take some time to read it, all payment for this day has been processed.
Thanks for your time.

I think that’s it for now only to mention the list of the programs that paid me today: OnisGroup, ExcellentProfit, Verifield, GeniusFunds, IncoForex, InvestmentForge, GoldNuggetInvest, FortixCapital, WLInvestments, PTVPartner, PreviaTrust, XagaEnterprise, GloriousProfit, FlipReturn, FoxiVer, CoolReturn, NanoMoneyCorp, AimTrust, AxaCofinance, PanaMoney and MetaStocks (the first payment received). Sorry if I haven’t commented on something more important but I promise to do that tomorrow! I just returned home from vacation and am pretty tired now. So I hope to see you all tomorrow on MNO!

P.S. Just joined InvesTomato.  It pays 10% for 12 days (with daily payouts) and 12% for 12 days (with payouts on expiry). All major payment processors are also accepted. InvesTomato is a brand new program from Roger, the admin of InvestiMates and USDozen. Roger is well-known in this Industry for using a no-nonsense approach and blatantly stating that his programs are just ponzi-games. That didn’t prevent members from joining them. InvesTomato just started and already reached 600 members and over $50K in deposits. What can I say? It’s definitely a phenomenal start! So if you enjoy a good game then you should try InvesTomato. More on that in my next blog post.

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