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

Hi everyone! Hope your weekend is going according to plan so far. And I hope it’s a bit warmer where you are tonight than here. Brrrrr!!! I don’t know how Santa puts up with all that snow!

Anyway, this evening I’m going to follow the words of the old George Michael song when he said “You Gotta Have Faith”. What am I talking about you ask? Well one of the recent additions to my monitoring page is called FaithInvestment, and that’s the one I want to talk about first today. But don’t worry, I still have all the latest news stories which I’ll be getting to shortly.

But first to FaithInvestment and to what it’s all about. To start with it’s a long term low rate of interest program. Music to the ears of many of you I’m sure, no doubt getting suspicious of all the “quick buck” short term plans coming and going over the holidays. But it’s not really that new however. FaithInvestment has been running since the end of October but have only really started a proper advertising campaign recently. It is a very interesting program though and one which I’d say shows a lot of promise if you get in early enough which you might still do. Before we get to the plans though I’d just like to make a couple of quick points that are relevant. The main one concerns the payments. They are direct and paid straight to your e-currency account without the need to make a request. Always a popular one with investors that. The other point is the currency itself. You can deposit using either dollars or euros here, but as usual I’ll stick to dollars in my own descriptions as I know that’s what most readers will prefer. But euros are OK if that’s what you want. And if it is then there will be no difference in the actual numbers, i.e the the rate is a flat one to one and the interest rates are the same, for example a plan that offers 2.5% interest for $100 will pay the same for €100.

And so to the plans. FaithInvestment has quite a lot of them actually, although I’d safely say most of them might be a bit expensive for most readers. But at the same time some are quite attractive and might turn out to be quite popular. I’ll run through them all anyway and you can see what you think. The first one is open to deposits from a minimum of $10 to a maximum of $99. In return you are offered a rate of interest of 2.1% per business day (Monday to Friday) for 60 business days. Your principal will be returned on expiry. 60 business days is equal to 12 weeks and that will mean 10.5% interest per week adding up to a total 126% profit plus 100% principal.

A $100 minimum deposit will get you into the next plan. It offers a daily interest rate of 2.5% per business day for 60 business days. That will result in your earnings adding up to 12.5$ per week and a total profit of 150%. Your principal is then added on top of that. The maximum amount you may invest is $499.

The third plan is available to those depositing a minimum of $500. For that you will receive 2.9% interest per business day for 60 business days. That will add up to 14.5% interest per week and give you a total profit of 174%. Your principal then gets returned separately and the maximum deposit is $999.

Things are beginning to get a bit serious now with entry to the next plan available for a minimum deposit of $1000. In return for that however the payments start getting pretty serious as well. 3.3% interest to be exact, paid again just like the other plans on 5 days per week for 12 weeks. That will all add up to 16.5% interest per week and give you a total profit of 198% on expiry. Your principal will then also be returned. Maximum deposit is $1999.

That might be enough information for most of you, but those who like a serious gamble can read on. $2,000 is the minimum investment for the next plan and $4,999 is the maximum. You are offered 3.6% per business day for that, again for 12 weeks (60 business days). That should add up to 18% per week and 216% on expiry, before your principal gets returned.

OK, for the benefit of those still interested FaithInvestment have two more plans. However given that the cost a minimum of $5000 and $10,000 respectively to join, I suggest you take it up with a financial professional like your bank manager if you were really serious about that. Personally I’d advise anybody who could easily afford that kind of money and is going to insist on spending it on HYIPs to at least spread it around between 10 or 12 (or more!) programs. But it’s probably a moot point as I know few people would be able to spare that kind of cash.

The payment options are very limited here with just LibertyReserve and PerfectMoney accepted. Definitely many will see that as a drawback and I don’t think you need me to tell you that either. Even people who would always use LibertyReserve anyway still feel safer knowing the choice is there at least. But in this case FaithInvestment have gone a long way in compensating for that by introducing automatic direct payouts with no need to log in everyday and no need to make a request. Despite that however there is still a member’s area where you can view your account details, deposit history, and the like. You also have the option to change payment processors if for some reason you are not all that happy with one of them. You will first have to sign up of course, and create an account. And by the way, compounding is not allowed.

The security of FaithInvestment is pretty much up to acceptable standards here. They are hosted on a dedicated server, the least you should expect, and are protected from DoS attacks by their provider DDoSWiz who have them on a Staminus server. Downtime is unlikely to be a serious recurring problem here. The design itself is quite simplistic but not in a bad way. It’s easy to navigate and easy to understand. And the script, which although pretty basic, is totally unique and customized to this program.

You can contact customer support through the online e-mail support ticket form, or if you prefer just mail the admin directly at the address provided. You’ll find threads open on a variety of forums as well. FaithInvestment also provide a postal address for what we are lead to believe is their office in the UK. Wales to be exact. At the moment though I can’t say for sure whether this is just a “virtual” serviced office for mail collection or if you would find an actual functioning office staffed by FaithInvestment employees. I know which one I suspect, but how about we let the admin answer that for himself if he agrees to answer a few questions for an interview.

Other than that FaithInvestment claim to be a registered company under UK law and provide us with a registration number which you can verify for yourself. All that may very well be true of course and indeed there really is a business called Faith Invest listed on the registrar as an active but dormant company. None of this should be taken as some kind of guarantee for you deposit of course, as a certificate of incorporation, real or otherwise, protects you from nothing.

Neither does the claim to be involved in some kind of capital investment projects. The texts are original which is always welcome but the claims they make are ludicrously vague and contain nothing in the way of real information. So, as usual, don’t treat FaithInvestment any differently than any other online HYIP. The usual risks and warnings still apply so always be vigilant. But don’t be afraid of it either. It’s still a decent online investment project and one from which you can profit. Just remember too that timing is everything so those who get in early enough, i.e in this case now, are in with the best possible chance of making a few bucks out of it. And that’s all anybody really wants form FaithInvestment.

Other news for today.

I know that many of the members of GoldNuggetInvest (reviewed here) were quite concerned with the delays of the withdrawal requests to StrictPay. But those who were with GNI for a long time know how straight-forward and honest the administration of the program is when it comes to sharing with the members if some issues arise. So it was just a matter of time until the delays with StrictPay withdrawals were discussed. This was done today on the official GNI forum by both Todd and Robert. It seems there were a couple of reasons why the withdrawals to SP were delayed starting from the shortage in SP reserves caused by StrictPay the recent recent changes with the API interface and their moving bank accounts. Anyway, the only possible solution for the members still waiting for their requests to be processed to StrictPay and don’t want to wait anymore is to actually cancel your current withdrawal request, use the currency exchange feature and exchange an available balance from SP to LR with 4% fee and after that you will be able to make another withdrawal request to LibertyReserve or PerfectMoney which (considering the surplus of those e-currencies) you will receive much faster than your payout to StrictPay. This is an appropriate solution in my opinion and if you don’t want to pay the 4% fee for the exchange then please wait for a while until GNI adjusts their exchange rates which they promised to do soon as well. There are some other important updates that are published on the GNI forum by Todd, the head of customer support in GoldNuggetInvest. Please read it carefully to understand the whole situation correctly:
“The fact of the matter is, similar to the situation a couple weeks ago with STP, we find ourselves short on SP currency. Do not misinterpret this. We are adequately capitalized. Right now we find ourselves with adequate amounts of STP, a surplus of PM and currency heavy in LR.
We were going to include this in the newsletter, but find it unprofessional to include these facts without a reasonable solution to correct it. We have one, but it required the assistance of our IT….and I come to find out the solution isn’t quite ready…it will be….
The plan is to use the currency exchanger to help us manipulate our currency distributions and holdings. Other than the trading and usual hiccups, proper currency allocation is showing to be an intricate aspect of managing the program. We have to anticipate then integrate the needs and wants of members currency requests, with the market availability of any given currency at any given time. Because E-currency is still a relatively new phenomenon, we don’t have enough historical data to assist us in determining what our particular needs are at this point in time (holiday shopping).
Member demographics this year are different than they were last, rather significantly. Citizens in Asia have significantly different currency needs than to those who live in North America…it’s just a fact. Couple this with the changes that are promulgating at SP, it’s a recipe for an imbalance.
Anyways, our plan is to adjust the currency exchanger to allow the movement of funds from SP to LR or PM with no associated fees. Further, many of the external exchangers will give a very favorable rate of exchange (they will, in fact, pay you a premium) for your LR if you will accept SP or STP.
You will keep in mind a program decision was made last month that we will not, unless our hand is forced, be purchasing E-Currency on the open market. If it means an occasional delay, it means an occasional delay. It should NOT be construed as “problems” per se, it can be construed as Currency Management Growing Pains.
If you want to exchange NOW, you’ll pay 4%, if you can wait, you will not have to pay any fees.
Finally, I was reading earlier a thread from some of the users, Rocky or something like that, how THEY feel the script should be modified or configured to maximize the security measures that they feel are most beneficial for our program. They have included things like Software Development Reviews, similar to that which is used in the ALLEGED, non-proliferation of JP MORGAN CHASE Banking Software. The ignorance displayed from the Arm-Chair, Hindsight Quarterbacking is frustrating. I would love to take the time to address their posts on a point by point basis, but I don’t have the time.
Anyways, this is the official word…Oh, one last comment and this too needs to be heard by some of you, the hit and runners have had an impact on the currency distribution. People coming in with one currency and checking out the next day with another WILL STOP. In fact, those in the weekly plan, if you are here for the thirty days only, we do consider that a hit and run mentality. You don’t have to agree, that’s our opinion. Those members can expect their return of principal to be delayed intentionally to discourage this kind of member from joining. We have people coming in and out with 50k deposits and withdraws ALL THE TIME….this has to stop.
Anyways…I hope this helps to understand the latest and greatest happenings here….”

This rather lengthy update continues, commenting further on a point raised by Ingenue, the moderator of the GNI forum, highlighting this as an IT problem on the side of the payment processor:
“That’s a great point…There were issues with both STP and SP….SP, in their bank upgrade, wire transfer upgrade, has now gone to encrypted passwords and secondary passwords for all of their API (batch payment capabilities). These passwords came directly from SP’s IT person whose work schedule is directly opposite of Roberts. It’s nothing I could intercede upon….
Likewise, STP was having their share of hiccups, especially during the European Business Day resulting in a two day, intermittent lockout of Robert from the STP payout facility. PerfectMoney is, however, running Perfectly (I’ve never used em). Ingenue, if you want to take this post of yours and add it to the explanation, make it a sticky, that may be a good way to go. This way those who are interested don’t have to dig it out. Thanks”.

The first big newsletter was received today from the admin of Investorum (reviewed here) Anna. It seems that Investorum is one of the few programs that are destined to be successful. With popular non-expiry plans of 1.2%-1.6% daily forever with the possibility to withdraw your principal after 60 days, a secure and DDoS-protected website and the majority of the popular payment processors accepted it’s no wonder that Investorum is climbing up my ratings list quite fast. In the first newsletter it was explained though that AlertPay would not be accepted as a payment processor so they’ll continue with just the four others. I think it’s a reasonable decision considering that AlertPay is clamping down very hard on many HYIPs now, forcing them to drop it eventually. It’s always better not to accept it from the beginning than have some issues in the future with locked accounts. Also there seems to be an issue with some StrictPay and SolidTrustPay deposits which are not credited to some accounts instantly. If that’s your case please don’t hesitate to contact the Investorum support and your deposit will be added as soon as possible. Here is the newsletter from Investorum:
“Dear Investorum‘s members, I’m Anna, Investorum‘s manager. Many customers know me already talking with me via e-mail.
To introduce who I am, I’m employee by the company Investum Ltd, to manage the website Investorum. I’m experienced in management and marketing.
I’m not a native English speaker, but I will do my best to provide you the best management and support.
At start it was planned, that I manage alone Investorum, but due an amazing and successfull launch I’ll be assisted for the support.
You will meet starting from tomorrow, Nelly, a supportive people and a great assistance for me. Nelly will handle the Live chat support.
Official hours for Live chat support will be announced tomorrow.
Let me go now, with some important information.
The first news concern AlertPay. You noticed we have the logo AlertPay on our banners. Why ? Before the start, when our director imagined the website, he thought too add AlertPay. I’m really sorry to learn you that after a big review of payments processors, we finally decided to avoid this payment processor. I will not explain all details about this choice.
AlertPay still an excellent Payment processor for many thing, but we prefer avoid to use them. They are not totally clear in their rules about our kind of business. We don’t want take risk with fund of our customers.
Please also accept our apologies for the confusion if you joined thinking invest with AlertPay. Banner will be changed soon, to reflect that we don’t accept this payment processor.
The second news is concerning deposit. For an unknown reason, some deposits are missing (with SolidTrustPay and StrictPay particularly). Please be aware your deposit is instantly credited after your payment.
If you don’t show it, please don’t hesitate to contact us. I’m checking 10 times by day all our accounts to process deposit no credited, but an e-mail from you, can up my reactivity.
Our programmer is working to find the problem. Updates about this issues will be sent shortly. Your satisfaction is my priority.
The third news is about some members who contacted us about the script we are using. Saying the goldcoders script (we are using) have exploid. Please be reassured we know that, and our programmer already securised all before the launch. The script still one of best, but yes he have some fails if no modified a bit. We did it, and I can attest you our website has been launched after a serial test.
The last news but such as important than others, “Money-news-online”, the best investment’s blog, has published a very interesting review on Investorum. We would thank the Administrator of this blog “Paul” for this awesome article.
This is a link.
Take a look, it’s very informative and well written.
This is now the time, I’m ending the newsletter. I will try to come to you, often, bringing you latest updates and important news. Of course you are free and welcome to contact me via e-mail, or to contact Nelly by live chat when Online.
Have a great day, and a nice week end.
Best regards, Anna. Investorum‘s manager”.

One more example of AlertPay getting dropped by yet another program was InstantMoneyBets (reviewed here). It seems AlertPay blocked their account after it was been verified so they are unable to move funds at the moment. I hope that the situation will be resolved soon but for now InstantMoneyBets is not accepting deposits and not processing withdrawals to AlertPay:
“Today we have to tell you that AlertPay have blocked our account. We have answered all Question and now we are still waiting for AlertPay answer.
Until our account is blocked we can not process AP Deposits and Withdraws. Other Currencies work without any Problem.
And now the Good news, since today we have paid over 10 000$ to our over 540 Members.
Michael and Martin”.

The admin of PTVPartner Garrett (interviewed here) sent out a reminder about the mega-Christmas party which is going to happen on December 22 when all the members of the program could participate and possibly win some great prizes. The party will take place straight after the by now almost traditional weekly meeting with the investors of PTVPartner. Guests and anybody else just curious about the whole thing are also welcome to attend this meeting and hear from Garrett about the main features. The investment plans offered by PTVPartner, with payouts on expiry, include: 110% after 10 days, 125% after 20 days, 145% after 30 days, 190% after 40 days.
By the way, they still occupy the high #6 position in the MNO rating of the most popular programs which you can find on my monitoring page. For those wishing to know more about the unique features and the investment plans please don’t forget to check out my extensive review of the program published here. Ok, so this is the Christmas Party reminder from Garrett:
“Just wanted to send our a reminder about our Christmas party next Week. In case you missed it here is the release concerning it. Also, we will hold a Meeting at 6:30 PM GMT Just prior to the party. Don’t miss Out!!!
Christmas Party
“Don’t Miss the 1st Annual PTVPartner Christmas Gala” (Members and Non-Members are welcome to attend)
This is slated to be a 2009…. ‘Red Carpet Event of the YEAR!’ We will have a Professional DJ so we can Party Hearty! 500.00 in Christmas Cash Giveaways thru Multiple Contests. Don’t forget to tune those pipes….we are going Caroling Ya’ll! Other features will include the Fantastic Vocals of ‘Blue’ and ‘Bun’! (If you would like to be included as one of our featured events please advise our Mod staff and they will see if we can squeeze you in).
We will also have a Cookie Bake-Off, a Tree Decorating Contest, Trivia Contest, Scavenger Hunt, Dancing, and an all You can Eat or Drink Smorgasbord!
Don’t miss your opportunity to shine, be the talk of the town, or just have the Bragging Rights for having attended an HYIP First!
Reserved Seating is Available – Make your reservations while we still have the space.
This will definitely be Santa’s FIRST Stop…we just hope he makes it home!
We are having our online PTVPartner Christmas Party Tuesday, December 22, 8:00PM GMT in the Oasis…immediately following our weekly Meeting at 6:30 PM GMT in Chat…
There will also be a massive giveaway of prizes at the party!
Just enter your PTVPartner account number and the words “I will be there!” to qualify…too easy… 5 winners of $20 withdraw-able accounts will be announced at the party… Make your Christmas Party reservation NOW! Come into chat to get the link to enter…
The Ultimate High Yield Asset for your Offshore Financial Portfolio!!!
Start the Experience … join PTVPartner to … Free your Life!!!”.

Christmas is coming and many successful programs like XagaEnterprise for example (reviewed here) are reviewing the results of 2009 and are preparing to expand in 2010. XagaEnterprise definitely became one of the most successful low-ROI programs of the year already has over 1800 members which is an extremely good result for the program that is paying to its members 1.2% daily forever, 8%-10% weekly forever, 0.5% for 30 business days and 0.7% for 90 business days. XagaEnterprise recently reached the Alexa rating of 60,000 most popular sites in the world and continues its successful growth. It is currently on the #10 spot in MNO rating and will improve on that for sure in the new year. The admin of XagaEnterprise Kevin (interviewed here) remains extremely positive on the course his program is taking and is sure that 2010 will be more successful for XagaEnterprise than this year was. Here is the latest news from him:
“Christmas is coming!!! We have changed our website a little bit. Top header has been changed. Video page is up. And We have added snow effect too.
The translation tool works now but still not finished yet. Please notice that this is for temporary. We will hire pro-translators to translate our website to many languages.
This December is a good month for us. While other programs collapsed or are going to collapse, XagaEnterprise remains mighty.
Take a look of this :
http://www.alexa.com/siteinfo/http://xagaenterprise.net
Xaga achieves the highest rank on December since the past 9 months. It’s not a black December to us but is great December for us. XagaEnterprise grows so fast this month. Over than 1800 members has joined the force. I am sure XagaEnterprise will hit 2K members at the end of this month.
We will upload 15K to each our PPs. 8K for LR, 5K for SP, and 2K for PM. I want to make sure everything going smooth this month.
That’s it for today. Xaga will rock on 2010! Go XAGA!
Thank you. Regards, Kevin and Team”.

The admin of ZenithInvestment (interviewed here) came out with another meaningless update about his program that is going from strength to strength. No comments necessary here really, only exclamations, lol:
“Dear investor, Top of the day and compliments of the season.
We the management of ZenithInvestment is wishing all our numerous investor, a happy Christmas and a wonderful new year ahead. We also want to use this opportunity to let you know that, we are growing from strength to strength and our reserve deposit is running into millions. Come and lets manage your fund on your behalf wisely. Thanks.
Yours ever, Admin.”

Here is more serious update though from the admin of ArbsFund (interviewed here). He made a point about the successful arbitrage betting activities for the program but also warned again from depositing directly into some scammer’s LR account. I remind you that you can only make deposits to 8.5% weekly plan by logging into your account in ArbsFund and not with another way. Here is the latest update from ArbsFund (reviewed here):
“Dear ArbsFund Stakeholder, This is another weekend and we are so pleased with the level and support of our members, its been continuous level of growth in ArbsFund day after day, our Sport Arbitrage investment pool is the best investment place online where you earn without regret, we pay our members right on time and we are keeping focus and don’t hope to go down in months and months to come.
ArbsFund remains a secured place for investment despite the Phishing emails that have reached some of our members, please we are not responsible for any investment which goes to LibertyReserve account: U2029119 (ArbsFund Special), only invest via the members area of our website.
Enjoy your weekend. Thanks, ArbsFund Admin”.

It seems that such a successful model that ArbsFund use of paying weekly earnings with no expiry was also borrowed by many other programs wishing to be as successful. The other program which I added to my monitoring list just today is called ArbisPro. The program just launched yesterday and already looks extremely promising. The plans are: 10% weekly forever (for deposits between $10 and $10K) and 12% weekly forever (for all deposits over $10K). You can withdraw your principal at any time after 10 weeks, or earlier with a 30% processing fee. The script for ArbisPro is really interesting and I’ve never seen it before. To make your deposit into the program you should actually buy shares in multiples of $10 (as every share costs $10). The payment processors used are: LibertyReserve, PerfectMoney, AlertPay and StrictPay. Please be aware that there is a withdrawal fee of 1%-2% is charged depending on what payment processor you are going to deposit with so keep that in mind when joining. The website of ArbisPro looks really good and is hosted on a dedicated Staminus server with DDoS-protection by Koddos. The interesting thing is that ArbisPro claims to be a registered company with a legal address in the Dominican Republic (no proof is provided though). Also they are supposedly making money from Sports arbitrage, however their Arbitrage Guide is a copy-paste from open sources. So the question remains: if ArbisPro are such experts in this field what prevents them from offering their own examples in how profits are generated. Saying this I suggest you to treat ArbisPro as a regular HYIP with all the advantages and disadvantages that go with it. Though it is extremely promising and still brand new. Of course I will bring you a more detailed review of ArbisPro on my blog soon. So stay tuned for that, guys!

Today I got paid from the following programs:
Investorum, ArbsFund, Caziroca, SurfVesper, SantiVentures, XagaEnterprise, StarkFund, GloTrade, FinanceNova, OneDailyPro, TalixMetals, TheKapital, TradeZoom, WestFinance, HugMoney, NanoMoneyCorp, InstantMoneyBets, MandarinInvest, IncoForex, CSMFinance, AtlantisMutual, AsiaInv, RosalinFinance, GeniusFunds, PTVPartner and CedexInvest.

That is all for today everyone! I’ll see you tomorrow I hope, with a review of StarkFund and all the most up to date news from anywhere in the industry!