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

Hi everyone! As we inch ever closer to 2010 and many of the people around me begin to reflect on the past year I’m kind of surprised at how popular nostalgia has become, especially for events from so recently and in a year that proved to be so financially difficult for a great many people the world over. It seems almost every program on TV ranging from serious news discussions to light entertainment and pop music seem to be having some kind of backwards looking “review of the year” and celebrating its mediocrity.

Well today I can assure you that you will be seeing none of that on money-news-online. This is the time of year when it is always better to look forward. Think about what you want to do with your life and how to realistically work for it. And with that in mind today I want to talk about a new long term low rate of interest program called FxStar. And it’s one that I have little doubt will soon be the first major success story of 2010. I mean I’m not trying to sound melodramatic about this on purpose or anything but you know the more time I spend going over FxStar the more impressed I get with almost every single aspect of it. It’s the product of a lot of detailed research, strong planning, and just plain old hard work from a very professional team. Whoever they are, FxStar know what they are doing. And if you never believe a single word about their business then you can believe this – a lot of people are going to make money from this project in the coming months, and this is your opportunity to be one of them.

You don’t have to just take my word for it of course, so let’s take a closer look at them, see what they have to offer, and see if you agree. We can start with the plans. While there are quite a number of investment plans within FxStar, seven in total, they can basically be broken down into two subsections.

All plans are counted in calender days but only pay on business days, Monday through Friday. I should also point out that before you read my descriptions of the plans that I am working from the assumption that there will be a maximum of 22 business days during 30 calendar days, and a maximum of 74 business days during 100 calendar days.

The first plan runs for a shorter term than the others. It’s called The Start Plan and it will last for 30 calendar days. You may deposit any amount from a minimum of $10 up to a maximum of $500. In return for that you are to be paid a daily interest payment of 1% per business day with your principal returned on expiry. With 22 business days from 30 calendar days that will give you a total profit of 22% on your investment within a month. If you were to join with the full $500 here alone that would be a clear profit of $110 after 30 days and I have to say that for a plan that might at first glance just look like a “test” plan that really is exceptional value and worthy of being taken seriously as an investment option in it’s own right. Which given the high cost of some of the other plans is exactly what’s going to happen.

Your other choice in FxStar is basically one plan that runs for 100 calendar days but with six varieties that will pay you according to how much you invest. The main one for us will probably be The Optimal Plan. That will start taking deposits from a minimum of $500 up to a maximum of $1500. for that you are offered a daily payment of 1.3% interest per business day with your principal returned on expiry. At that rate, and with 74 payment days you can expect to finish with a total profit of 96.2%%. Good as the Start Plan was, 96.2% profit on top of your principal is bit of an improvement don’t you think.

The next option is called The Business Plan and it will take deposits that start from not less than $1500 up to a maximum of $5000. Join this and FxStar will pay you a daily rebate of 1.5% interest. That should see you break even on payment day number 67 and have you finish the 100 day investment term with a total profit of 111%. Remember that thats just the profit. Your original deposit will then be added to that amount.

The last plan that I want to describe for you here is called The Pro Plan. $5000 is the minimum spend for this one so takers will be few and far between, but I know there are more than just a handful nevertheless. The maximum investment is $20,000. Ok, it’s a massive amount of money for anyone but if you are one of those lucky enough to afford it then the reward isn’t so bad either. A very generous 1.7% for each of the payment days that the plan runs for (74 payment days from 100 calendar days). 59 payment days into the plan will see you break even and you will complete the term with a profit of 125.8%. Then your principal gets returned.

There are a couple of other options but at an opening price of $20,000 I wouldn’t think this is the most appropriate platform to discuss them. Anyway, a few other things you might like to know before taking the plunge with FxStar include the list of payment options. Ordinarily I’d say the choice wasn’t that great and at the moment it isn’t. It’s limited to LibertyReserve, PerfectMoney, and WebMoney who are an international company but really not all that popular outside of the Russian speaking world. This however is more than compensated for by the promise that this list will shortly be expanded (bank wire transfers for instance are in the pipeline) and also by the fact that withdrawals are instant. There is no waiting time, simply ask for your money and it appears in your e-currency account. My own first payment was made faster than I could log in to my account.

The security of the FxStar website is totally top notch by industry standards. Hosted on a dedicated server with protection from DDoS attacks by Dragonara, they have got themselves one of the most reputable and safest brand names around. Dragonara hosts companies like PerfectMoney where downtime just doesn’t happen. I expect the same high level of service will be provided here as always comes from them.

With the hosting not being left to chance neither is anything else. SSL encryption is in place throughout the site and is certified by GeoTrust. The script used by FxStar however is what really catches the eye. Like all the best online HYIPs now, FxStar has also decided to shun the generic mass produced scripts so widespread in the industry and go instead with a completely new and custom built model. It’s simply one of the best I have seen this year and has a list of features you won’t find on any other website. For one thing you will receive SMS text messages to your mobile phone confirming your account activity. If you chose to register your number you will get a message after every transaction in and out of your account. Another security related feature is your own ability to change certain settings to suit yourself, like passwords and the receipt of SMS messages or e-mails to notify you immediately in the event of certain things happening in your account. Like accessing it from a different IP address for example. There is also an internal mail system, though I have seen similar style features elsewhere.

The site is also professionally translated into Russian. Although as a native Russian speaker myself I can tell you that the quality of Russian is a little better than the quality of English so I can only wonder if the translation was actually carried out in the other direction, i.e into English from an original Russian text. It’s just that most people jump to the conclusion that everything starts life in English and gets translated from that all the time. Anyway, I digress. It doesn’t matter as the important part is that it is well laid out and well explained in plain language that most should understand. There are detailed and comprehensive Terms and Conditions as well as FAQ pages for example where the whole FxStar project is explained in detail though without getting too tied up in technical language.

But if you still have any more questions then there are several ways of effective communication between members and admin. First of all there is the regular e-mail address you can contact. Then there is an online support ticket form. Better though is the Live Chat feature which is not only fast and efficient, it is also available 24 hours per day. And that by itself is to be applauded because 24 hour support is a rare thing in this business. FxStar also have an actual functioning telephone line as well. Unfortunately when I called them this afternoon during business hours the phone did ring but wasn’t answered.

One feature of FxStar that I am most intrigued about is the “FxStar Keeper”. I can’t really say much about it at this point as it hasn’t been implemented yet but as far as I can see this involves a separate program which you will download to your computer which will then allow you to manage your account from your desktop without ever having to visit the website. WebMoney have a similar “keeper” program available for any readers who might be familiar with them. I believe LibertyReserve has something similar, though it’s not quite like this. The feature will come into use on January 4th and as I’d rather not comment on something in a review until I can view it first hand, I’ll wait until then before I say anymore. But as this is just one of a long list of new features coming in the near future you can just try and keep an eye on money-news-online where as you should know by now you will get all the most up to date news stories first and I’ll make sure you get all the important updates as they happen.

FxStar are claiming to be a registered company in the UK though to be fair at this point they are only claiming registration. Not an actual residence. They are also saying that their line of business is the foreign currency markets. Anyway, we are assured that all official documents will be uploaded to the FxStar website within the week so I’ll give them the benefit of the doubt and reserve judgment on that until then.

The final word on FxStar is that I think it not only deserves to be a huge hit, it almost certainly will be one. Granted most of the options are aimed at those with money rather than without. But there is still something there to suit everyone I think. The amount of work that continues to be put into this project is phenomenal. Without even being finished I think it’s going to be a big hit for 2010, that’s how confident I am. It’s well planned. It’s well managed. It’s highly secure. Communication with the members is taken very seriously and the support are fast and efficient and available Live 24 hours per day. I can’t think of a serious drawback to FxStar (although I am assuming you are all intelligent adults and do not need to be constantly reminded of the risks involved with playing with HYIPs. Risks that are still here) and I expect we’ll be hearing a lot more from them over the coming months. I expect it to be the first major success of the new year. Long term investment programs have been eating away at short term ones for a while now and that isn’t going to change overnight. As always, profits are maximized and risks greatly reduced by joining early.

Other news for today.

There was an important update from SazaInvestments (reviewed here) received today. As you might remember last week the withdrawal button was open on Thursday instead of the usual Friday which was of course due to the Christmas holidays. So this week we have the New Year holiday which means them changing the regular date again. It was decided to open the withdrawal button on Wednesday, i.e. tomorrow. So please be aware of that and don’t forget to make your withdrawal request from SazaInvestments during the next 24 hours:
“Because this week will be New Year we decided to open the withdrawals tomorrow, 30.12.2009. Withdrawals will be opened for 24 hours. Please don’t forget to request them and do it right to not have it cancelled. Also please post this on all forums so members who don’t read their emails to find out about this too. Thank you all for your trust in us. Regards, SazaInvestments Team”.

ArbisPro (reviewed here) added one payment processor (SolidTrustPay) yesterday only to remove another one today. It seems that they have a verified AlertPay account under a false name and now they can’t confirm the identity. Otherwise why would AlertPay suspend their account? I guess that’s exactly the reason and while the admin hints that the dropping of AlertPay is only a temporary thing I believe it will not be reinstated again so ArbisPro will probably continue with the four remaining payment processors. Here is the news that I found on their website today:
“AP account suspended!
AP has restricted our account from any further transaction. From our own research, this has been the trend with AP in recent times. We can only receive funds but can not send out from that account at the moment so we decided to suspend all AP deposits at this time until this issue is resolved. Meanwhile, for the safety of members funds, I will email AP right away to process refund to all our members that deposited with AP on our behalf.
Thanks for your understanding in this matter.”

That was not all about ArbisPro though as just a few hours ago I received a detailed newsletter from one of the admins, Andrea, explaining what really happened with their AlertPay account. I find it quite a reasonable explanation and hopefully all the members deposited in ArbisPro via AlertPay will be refunded very soon. As I mentioned already I doubt very much that ArbisPro will be accepting AlertPay again though. Together with the AlertPay issue there were some other interesting things mentioned in the newsletter including the stable growth of the program (I noticed myself that ArbisPro is getting some good growth after the first weekly payouts are processed). Also the administration of ArbisPro stated that they are here for the long haul and it could be proved by the constant development of the site including the addition of a profit calculator and the addition of an in-house exchanger which all the members of ArbisPro will benefit from soon. Here is the entire newsletter from ArbisPro:
“Compliment of the season to our numerous members. It has been quite an exciting start since ArbisPro started some few days ago. First, i will assure all members that this project has come to stay. Our membership strength has been growing slowly but steadily is such an appreciable rate. The first batch of weekly cash-out has been processed and all ref. commission has been promptly paid. We are working very hard to promote and incorporate new innovations into our project. Today, we added a profit calculator for all members who may not be able to calculate their weekly profit to use to their advantage. Also, we are working on adding our new exchanger interface for members to be able to exchange from one e-currency to another. This will take 2 more weeks as our coder is working on this.
If you look at our public and members news section, you will find that we made an announcement regarding AP account suspension from ArbisPro. Please note that this is a temporary measure to safeguard members interest as well as ours. AP account has officially been suspended from our site pending resolution of account issue with them. We will not be able to process any AP cash-out request due to this fact. Main while, we have directed AP to process refunds on our behalf. So, if you have deposited AP fund on our account, you don’t need to be afraid as we have enough funds in that account to take care of your needs.
Bellow is a copy of mail we sent to AP asking them to process refunds on our behalf.
“I Logged in yesterday only to notice that my account status has been changed from verified to pending verification and you are requesting that I verify my account again.
First, I will request that all depositors to my account should be refunded accordingly. Even though I may further process my account again but I will appreciate if refunds can be processed to everyone that deposited into my account on my behalf. I will now contact my depositors telling them that refund will be processed on my behalf.
Thanks for your understanding in this matter.
Andrea Beck”
Lastly, all other payment processors on our site are not affected by this notice. This is an AP issue only. Thanks for supporting ArbisPro always.
Happy new year in advance.
Andrea Beck. ArbisPro Admin”.

If you haven’t heard of RefMotor yet (reviewed here) you missed a good opportunity to earn 8%-10% for 15 days or 130%-170% after 15 days, The program has been paying instantly to both LibertyReserve and PerfectMoney accounts since early October and it seems still going strong. The admin paid many bonuses already and generously reward everybody who is helping him to promote his program. Apart from traditional referral commissions you will get some instant cashback bonuses from RefMotor as well as could earn some money simply by voting on monitors. I guess it’s a good approach which both the members and the program’s admin will benefit from. Here is the latest email from the admin of RefMotor program (interviewed here):
“Open your account and withdraw your daily bonus instantly. It is free and you can say about it to your friend. Why do we do? Because we want every one have an account here at RefMotor. How can you earn money with us?
1 – invest here and earn more money instantly
2 – say about us to your friends and earn more money as referral
3 – active your account and earn money with voting
4 – if you say about us to your friends we pay them after they open an account.”

It’s good thing that HugMoney (reviewed here) is back online after last night’s suspension of their account. I think they sorted out their issues and are back on track. I’m going to leave them in Waiting status on my monitoring page though until I receive my pending withdrawal which I made today. As soon as I get paid HugMoney will be moved back to Paying status as well.

I received a whole lot of spamming emails from our old friend oscarferengi@gmail.com today who is trying to impersonate the admins of such good paying programs as ArbsFund (reviewed here) and CedexInvest (reviewed here) and ask from the members to send the money to his LR or PM accounts. I have already told about this on my site but I guess it won’t hurt to repeat again: please do not trust any emails allegedly from program admins offering you some special plans with direct payouts. Only invest your money using the script on the websites you’re a member of! I can’t believe I’m still receiving enquiries to my email from people asking me if those mails are genuine. Believe me that scammers are very shrewd and always try to find new ways to get some money for themselves. Please don’t be fooled and don’t send money to them!

I guess some scamming admins will never learn their lesson and will continue to pay selectively only to scamming monitors to maintain their reputation as a Paying program. Well, in this way monitors are happy because they are paid and the program’s admins are happy because they can fool the newbies. Only the investors will suffer losing their money due to being deliberately mislead by scammers and multiple rubbish monitors that care about nothing but themselves. That same situation can now be seen with 220Group and a bunch of crooked monitors. I can hardly believe the almost shocking level of greed and disregard for his victims shown by the admin of this program, who dared to send a newsletter today asking people to refer others to this obvious scam. Well, I’d rather not republish this email as it’s quite a distasteful. Few things surprise me in this business anymore but a lot sure disappoints me. Just remember there should be no room in this industry for the likes of shameless admins like this one but in my opinion the corrupt monitor owners are even worse. It’s up to you to stop giving them your business however, because hitting them in the pocket is the only thing that works. And I hope with the help of like minded monitors (yes, the good ones are still out there!), MNO, and most importantly you the investor, we could make this industry more open and an easier place where regular honest working people can come and try to earn a couple of extra bucks for themselves from time to time without the fear of some of the most unsavoury elements queuing up to rob them. The time will come for sure and I will will be happy to play my part!

Ok, before I finish I just want to say I have been paid today from the following programs:
GoldNuggetInvest, XagaEnterprise, ArbisPro, GeniusFunds, ArbsFund, DreamFunds, KobelCapital, OneDailyPro, GlobalFund, FaithInvestment, NanoMoneyCorp, RefMotor, ZenithInvestment, Verifield, StarkFund, MandarinInvest, IncoForex, Flanita, CSMFinance, AsiaInv, PanaMoney, FinanceNova, MoneyPlus, Vegamex, CedexInvest, Caziroca, FxStar, WestFinance, RosalinFinance, TradeZoom, SantiVentures, Investorum and PTVPartner.

That’s it for today, guys! I will see you on my blog tomorrow with one more revised review of a program that did well in 2009 but could yet do better in 2010. And of course I’ll also have more news from the Industry! So stay tuned for that!