PLEASE AVOID THIS PROGRAM! IT’S A CONFIRMED SCAM NOW!

Hi all! Hope you’re all having a good weekend so far wherever you are. As fo myself I have just returned home today from Penarth and Cardiff Bay in Wales where I was taking advantage (perhaps my last chance of the year) of the last of the summer sunshine. But it’s back to business for now and time to tell you about the latest program I joined. It’s one of two new ones that I joined just yesterday and it’s called ProfitEx.

I’ll tell you about the other program on a later date. Sorry to be lazy about it but ProfitEx is just much easier and hey, it is Saturday after all!

It’s so easy in fact I found myself looking back over it again and again and again, wondering had I missed something. But when it comes to short term programs then the less complicated they are the better in my opinion and ProfitEx doesn’t disappoint. There is just one plan to tell you about here so take it or leave it. But this is how it works. The plan itself will run for 7 days and you are invited to invest anything between a minimum of $5 and a maximum of $5000. No matter how much you decide to deposit ProfitEx will only pay you one rate of interest for your money. That rate is 18% per day. And not accumulated until expiry but paid on a daily basis. By the time the plan expires those daily payments will eventually add up to 126%.

Or in simpler terms let’s say you were to deposit $100. That would earn you $18 per day for the next 7 days until you eventually reach $126. And you should take that as your final payment because your principal has already been factored into that and will not be returned. So it’s 100% principal plus 26% profit no matter what you do with it. Accepted payment options include AlertPay. LibertyReserve, PerfectMoney, and StrictPay. Payouts are promised with 48 hours.

That 26% profit isn’t entirely yours to keep however so you can expect to get clipped on this one. As you are most likely aware by now, online payment processors have a service charge for just about everything and will make you pay for even what you think are the most innocuous things. But that’s how they make their money so learn to live with it. In the case of ProfitEx the admin has decided to pass the withdrawal fees on to you the customer here so depending on what payment processor you use you will be deducted the relevant charge. All deductions do correspond with the exact fees levied by the payment processors in question so you’re not being overcharged either. The fees are as follows:

1% fee for LR, 0.5% fee for PM, 2.5% + $0.25 for AP and 2% for SP withdrawals.

As I mentioned yesterday, on the face of it it’s not always a popular thing to do, in fact it’s very rare for HYIP’s to do it so blatantly. But in actual fact most admins will be aware of these charges and simply pass them on to you anyway in more subtle ways. So don’t make a big deal out of it.

The security of ProfitEx is up to an acceptable standard, using the respected DdosWiz as the hosting provider who supply them with a dedicated server and protection from DDoS attacks. The script is from the still relatively new name in this area called MonetarySoft. New, but also growing in stature and is fast becoming a respected name in that field.

Any questions not found in the FAQ can be submitted via an online e-mail ticket support system. No Live Chat on offer from ProfitEx just yet but no big deal there either as the admin is quite a good communicator and anyway, how many programs have you seen to offer “live” chat but mysteriously never seem to be online when you go looking for them? ProfitEx have handled all the questions pretty well so far and that’s all I’m really interested in. The actual medium used is of less importance.

So overall ProfitEx isn’t a bad little program. Pay attention to their slogan though. “We know what to do”. It made me smirk a little bit anyway. The thing is that they don’t actually tell you what it is that they know they are doing. But that’s fine by me. No outlandish claims or elaborate lies about a crack team of senior brokers that will make you rich. Just a pure HYIP and that’s fine by me. Remember that it won’t be here forever so if you like ProfitEx don’t sit around looking at it all day, ok? Membership is growing fast so a lot of people are in agreement with me about getting in on the ground floor as they say. If you don’t like it? Not to worry. Short term programs don’t suit everybody so keep an eye on my blog. There are plenty more reviews where that one came from so I’m sure there will be something suitable for you soon enough. Personally though, I like my chances with this one.

Other news for news.

As you know Saturday is often a day off for a lot of programs admins. In addition to that there are less investments made over the weekends and some programs don’t even pay on those days. So there will be less news that usual on my blog tonight. And I would like to start with my poll which you can see in the right sidebar of my blog just below my ShoutBox where you can make your opinion heard. Check out the provisional results of the poll that will finish by tomorrow with a new poll replacing it. Have you noticed anything unusual when viewing the results? AlertPay payment processor dropped from the indisputable runaway leader to just narrowly staying a few votes clear of LibertyReserve and StrictPay. It’s very clear to me why LibertyReserve is on #2 place but look at StrictPay in #3. It definitely proved to be one of the most popular payment processors and is now many votes ahead of SolidTrustPay which only scores 25 votes as of now and PerfectMoney (with a measly 2 votes). I can understand why StrictPay increased their ratings compared to the previous poll which I held on my blog about six months ago (they offer superb support and plenty of deposit and withdrawal options!). However the plummeting of SolidTrustPay in PP rankings can be explained by the recent hacking of their database, frequent DDoS-attacks and constant delays with withdrawals to Debit cards. All this certainly didn’t do much for the credibility of SolidTrustPay and I would say that STP should improve their customer support, reduce the delays with withdrawals and common downtimes to get back on top. If you haven’t cast your vote for the most reliable payment processor don’t wait for too long and do it now as the voting will be closed and the final tallies will be counted in just 24 hours. Thanks for your vote!

The admin of SensibleInvest program Sandra (interviewed here) is still active despite it being the weekend. After over three weeks online SensibleInvest (reviewed here) still remains a very popular program with attractive plans on offer: 115% after 7 days, 135% after 14 days, 160% after 20 days and four major payment processors accepted. In her latest update she promises to launch another competition that will commemorate one month online:
“Another great week behind us ….
Hundreds of new investors joining every day, why? We are 21 days online and we still pay very quickly and it won’t change! I am very proud of the fact that SensibleInvest is appreciated by you, as an honest and good hyip. I have a little competition for You, who, by the end of September 27th will make the biggest deposit wins. The prize is 5% extra of the invested amount (if the winner will invest $ 1,000, will get $ 50 extra from us). Good luck and have greater earnings!
P.S Next week from our 1 month online occasion, I promise to prepare the next, slightly larger competition.
That’s all for today. Have a successful weekend.
Yours admin – Sandra.”

XrateInvest (reviewed here) is offering $10 that will be credited to your account absolutely free! The offer is valid only for the first 25 active members (you should have an active deposit in XrateInvest) who contact the admin via the email provided. In her latest update the admin of the program Karin mentioned some kind of deal their company made for the distribution of some DVD porn-movie. Of course, no evidence has been presented to the investors and Googling the name of the movie (well somebody had to, lol!) didn’t bring any results. So does this movie actually exist or is it just a figment of somebody’s imagination? I hope to get a reply to this and many other questions from Karin herself in my upcoming interview with her. The questions for the interview have been sent already and I was promised to receive a reply some time next week. So stay tuned for the interview which I believe should be hot (and I really mean it, lol). This is the newsletter I received from XrateInvest program today (along with my first weekly payment which was processed as fast as usual):
“Dear XrateInvest Members, last week we had a good week. We have now 300+ active investors (please note that our statistic shows members and direct investors) and we made a good deal with our newest DVD! We sold our rights to our DVD production “Xrate WorldWide Private couples 2” to a bigger international distributor so we made a very good profit without distributing the DVD on our own. In the next 2 weeks we plan to implement an over 18 verification on our site! But we first need to make sure with our host and still wait for the reply if we are allowed to send links where verified member. I know in Germany there is something called ueber18.de and we would be very thankful for members from other countries to help us if they know an adult verification service like ueber18! Of course just members who are interested and who want to see where the investors fund is really going have to use this service. Anyway. We are very happy with our new DVD Production Deal and we are happy to offer the first 25 active investors who write us an email a US$10 Bonus in the S. Plan. All you have to do is write an email with the subject: (I want the XrateInvest BONUS!…) to contact@xrateinvest.com with your member ID or investment batch. If you are one of the first 25 you will get an email on Monday and your S.Plan Bonus! Please note this is a special offer just for active investors!
All the best and happy weekend. Karin Bertschi”.

A new program I joined a couple of days ago and have already received my first payments from is BlackDiamondPortfolio. In my opinion, the admin of the program is still something of a novice and definitely is no expert when it comes to running an HYIP. I don’t know if it’s an advantage or disadvantage for the program itself and it’s totally up to you to decide. The design of BlackDiamondPortfolio program is quite amateurish in my opinion but other features are ok including Koddos dedicated server and licensed GoldCoders script. There is a notice on the main page that BlackDiamondPortfolio is an investment club involved in all sorts of investing, however nothing is specified in particular. As you know such statements simply should be ignored and you should just treat this program as a regular HYIP – nothing more, nothing less. BlackDiamondPortfolio accepts four payment processors: LibertyReserve, SolidTrustPay, StrictPay and most recently PerfectMoney. The AlertPay account is yet to be verified so AP should be added soon as well. There is a variety of investment plans on offer: 1.3% for 30 days with daily payouts (after which you can withdraw your principal or redeposit the money back), 110% after 7 days, 125% after 14 days and 160% after 30 days. For the three last plans you will be paid on expiry and the minimum to invest in them is kinda high at $25. For the daily plan the minimum is $10 only. A more detailed review of BlackDiamondPortfolio will be published on my blog in a couple of days. Stay tuned for that!

Also don’t forget to check my monitoring page often for the list of Paying programs. Please avoid investing in the programs that are on Problem list as they are possible or confirmed scams. Here is the list of the programs that paid me today: FlipReturn, AdsDailyPro, GeniusFunds, Verifield, FxCapitalInvestment, AxaCofinance, XrateInvest, CedexInvest, AimTrust, GlobalFund, XagaEnterprise, MoneyTurbo, PTVPartner, NanoMoneyCorp, SensibleInvest, TheFifthContract, Capitalex and GainRoi. Speaking about GainRoi, you should know that by now all AlertPay deposits should have been refunded and that GainRoi will now have to almost certainly continue its work with four payment processors (I will update you if I have more info on that matter). Finally the three programs that paid me for the first time today are: BlackDiamondPortfolio, ProfitEx and ForexMonk (they’ve all been moved to Paying status on my monitoring page). Please don’t forget to check out my blog tomorrow for the review of ForexMonk and more news and updates from the HYIP industry! See you tomorrow guys!