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

Hi everyone! Looking forward to a nice weekend I hope! Me too, but I’m making some holiday plans for next week. Just for a couple days, and as long as hotels have Wi-Fi then Money-News-Online will have no interruptions. So you won’t even know I’m gone! Anyway, before we get to tonight’s news stories (and let’s hope there’s a few more of them than last night!) I want to talk about another new HYIP that has just been added to my monitoring page. It’s a long term program this time, and it’s called ScootFx. Sort of an odd name. It’s not important or anything but at least you won’t forget it.

So to start with the plans, ScootFx has three of them in total. Two of them might just be ever so slightly expensive for many of you, but there are options there for everyone and anyway, it’s free to look.

The first plan is called Scoot Gold and it runs for 40 business days. Which is eight weeks. During that time you will be offered a daily rate of interest, paid on business days only (Monday to Friday) of 1.2%. The minimum amount you may invest is $15. The maximum is $500. So if you decide to join with let’s say $100, you should get $1.20 per day, 5 days per week ($6) for 8 weeks ($48) and then have your principal returned.

The second plan is called the Scoot Future plan and it starts taking deposits of $500 and upwards. The maximum deposit is $5000. It runs for 70 business days this time, which is 14 weeks. During that time you offered a daily interest payment of 1.7% per business day. Get that five days per week and you will break even and see a profit after 59 payments, and finish the cycle with a total of 119% of your initial deposit. This can be considered as pure profit as your deposit will then be returned.

The final investment plan from ScootFx is really one for the serious gamblers. It’s called the Scoot ForEx plan. You can only join for a minimum of $5000. But if that’s not out of your price range then maybe the maximum is. It’s $50,000. Anyway if you do join here then the plan runs for 90 business days (18 weeks) and pays 2.2% interest per business day. At that rate you would break even after 46 payments and finish the 90 with a total of 198%. Everything going according to plan, your deposit should then be returned.

A couple of other points you need to know about the investment plans before joining include the list of payment processors. And it’s a pretty short list with just LibertyReserve and PerfectMoney being taken. Not great and will unfortunately hinder the growth of ScootFx unless it’s expanded. On the plus side however the admin has gone someway towards compensating for that by implementing automatic payouts. So it shouldn’t really take you longer than 30 minutes to get your payment.

The other important thing is the early withdrawal clause. If for some reason you are unable to stay with ScootFx and are in urgent need of getting your principal back before expiry then you are entitled to do so. This service comes at a price however and you should expect a punitive fee of 50% to be charged. So think very carefully about it first. And let it also be a reminder to all never to put money into any online HYIP that you may later be depending on.

Moving on, I’d say one of the better things about ScootFx is the security. They are hosted on a dedicated server supplied by GeniusGuard. I’m not saying there’s any connections here but I have monitored a number of their sites in the recent past and they tend to be successful more often than not. The script is unique and custom made and better again they are using SSL encryption and the authenticity of the website is certified by Comodo. Whatever else you may think about the plans, the security is definitely as good as their peers.

Any further questions about this or any other aspect of ScootFx can be addressed to the admin via two methods. One is to submit a support ticket via the support form. The other is to write directly to one of the e-mail addresses provided, one of which is intended for existing members with any technical problems, the other one being for more general inquires about how the program works. Apart from English the website is also translated into a number of different languages including Spanish, Italian, and Indonesian. Though it isn’t specified if customer support is available in any of these languages.

It’s pretty obvious to me that the admin has spent a lot of time, effort and expense on this project but you know I just can’t help but get the feeling that I like this one a lot more than most of the people reading this. Perhaps it’s because of the plans. I wouldn’t say the plans are a drawback by any means, in fact they are profitable and sustainable. The thing is though that there are better paying plans available from more established and more reputable HYIPs that ScootFx. No disrespect to the admin, he has done a decent job on this, but the fact is that the long term low ROI market can be a very tricky one to break into. There are a select few programs with a stranglehold on the top positions on most monitors (my own included) and it will take an almighty effort to remove them.

But the only major problem I can see is the lack of choice over payment processors. Well, that and the almost traditional lack of proof backing up their claims of outside business and investment activities. Which by the way are allegedly tied in with ForEx trading (aren’t they all!). But the texts are original and I’m pretty sure there is at least one seasoned HYIP professional behind this one.

If you like ScootFx then your best bet is probably to get involved in the early stages which will always benefit your chances of earning a profit. They’ll probably deserve more popularity than they will actually get, but it’s worth a few dollars as a modest and affordable deposit and as part of a wider more diverse portfolio.

OTHER NEWS FOR TODAY.

Let’s start today’s new with the updates from some programs that experienced some difficulties last night. SazaInvestments (reviewed here) finally opened the withdrawal button and allowed the members to make their withdrawals. I as well as many others received their payouts in time. However the problem which prevented the cashout button from being enabled last night is still there – the failure of the script which resulted in crediting double and triple payouts for Friday. I had my account in full order but I noticed that some members of SazaInvestments reported on MMG that their accounts had not been adjusted and at the time when the withdrawal button was enabled they still had incorrect balances in their accounts. I really hope that this problem will not affect the stability of SazaInvestments who are going since May 2009 and the overpayments will be later deducted in one way or another. I guess it could be done later, after the withdrawals are closed. At the time of writing the withdrawals are still open and possibly will be open for a few more hours. Here is the latest reminder from the admin of SazaInvestments about the weekly withdrawals that should be requested (hopefully we will hear from him about fixing the overpayment issue soon):
“It’s almost Friday so it’s payday again. Please don’t forget to request your withdrawals correct so that won’t be canceled. Thank you all for your trust in us. Regards, SazaInvestments Team”.

It seems I was right last night about the admin of BarterCrown program (reviewed here). He showed himself to be a real professional and fulfilled his promise about moving the site to a more secure BlockDos server and paid all the pending withdrawals. In less than 24 hours the migration was completed and the pending withdrawals were successfully processed. Here is the latest good news from BarterCrown:
“Hello to all, We migrated on blockdos.net on a dedicated server.
All pending withdrawals has been processed.
Kind Regards. BarterCrown.”
I remind you that BarterCrown accepts StrictPay, LibertyReserve and PerfectMoney in one of the following plans each of which is paid on expiry: 103% after 1 day, 114% after 4 days, 130% after 7 days, 145% after 10 days, 260% after 28 days and 410% after 45 days.

I wonder if it will be also ok to give the benefit of the doubt to the admin of InvestJoy Werner (interviewed here). It seems that the reports are getting submitted on forums about not only pending from the currently defunct 150% after 15 days plan but also from the regular 5% for 30 days plan. To the admin’s credit he appeared on MMG forum which is supposed to be an official thread for InvestJoy and answered the members’ concerns. He promised to pay all the pendings by tomorrow and announced that he is waiting for the funds from an exchanger which should be available shortly. He still insists that InvestJoy is not a simple ponzi game which involves real investments and hence the delay with the payments that seems to be happening now. Well, I will take his word this once and keep his program on Paying status on MNO for another 24 hours. If by that time payouts don’t resume I will have to move InvestJoy to Problem status. At the same time the current investments in this program are not recommended until the admin catches up with the delayed withdrawals. Also please read the FAQ in InvestJoy according to which all the payouts should be processed within 72 hours, so if you have a withdrawal request pending before that then patiently wait your turn. If you have a withdrawal pending for over 72 hours (except for those that are in 150% after 15 days plan – your withdrawals should be processed by Monday) then please contact me and I will try to help with your issue. Here are the last two replies from Werner I saw on MMG regarding the members’ concerns:
“I’m sure that members who read newsletter IJ-#11 could understand what is happening. I’m already working to upload the funds from investment portfolio to ecurrencies, I send money via wire today. Exchanger told me it will be completed in the next 24 hours. I managed to make it before Monday.
I’m sure members will have patience and wait a bit. The main difference here is that we are not paying early members with funds of late members, we generate returns, so we are under real world world clock. In this moment you can find the 150% after 15 days plan was removed to avoid such situation again in the future.
I’m working hard to normalize payments asap members. Thanks for your comprehension.”
“Again I will tell you I am waiting funds that will be available in the next 24 hours. If you read last newsletter I said everything would be normalized on Monday but I could deal with exchanger and they will supply funds in 24 hours.
I hope you understand things are a bit different when you deal with real world. I dont pay early members with the funds of late members, there is no scheme like this running in my business. I’m a bit a concerned with all this repercussion, but I’m not very worried because I’m sure I will necessary time and resources to fix this om this Saturday.
Thanks for your comprehension.”

Also I must tell you that regardless of what status InvestJoy will receive on my blog by tomorrow another program by Werner (InvestBro) will be treated separately and the status of InvestJoy will not affect it in any way. InvestBro is a different HYIP which is already paying and please make your own decision about joining or not joining considering the current cashflow issues in InvestJoy. Of course, the most reasonable decision would be to wait until the admin of InvestBro starts payouts to the members of his old program before throwing any money there. But this is just my suggestion but I believe in your common sense.

It’s been a while since the last update from the Investorum admin. Well, possibly it was just because all the payouts were processed on time and there was no news to report. Today though another payment processor was added to the already extensive list of accepted processors and it’s the increasingly popular GlobalDigitalPay (reviewed here). It’s the fifth payment processor accepted by Investorum. I remind you that Investorum is a program with perpetual (no expiry) plans where you will be paid 1.2%-1.6% daily forever with a possibility to request your principal back after just 60 days. Investorum (reviewed here) has been successfully running for over a month already and so far the payouts were fast and the admin Anna was pretty supportive and answered all my questions properly. I hope she will soon answer some questions for the interview for MNO if she has some free time. Here is the latest newsletter from Investorum hailing the addition of GlobalDigitalPay:
“Dear member, Investorum is now 39 days old. Things are going perfectly and we are growing day by day for the sucess.
Our stats are amazing, we reached more than 800 members with a total deposits of more than $177.000.
I would inform you, we integrated the new processor of payment: “GlobalDigitalPay” in our system. GlobalDigitalPay is now accepted to deposit and withdraw your earnings on Investorum!
I wish you a great day, please feel you free to contact us via e-mail for any question.
Best regards, Anna. Investorum‘s manager”.

StanbicArbitrage which offers a 10% weekly forever plan also added a new payment processor to their list – SolidTrustPay. From now on you will be able to use four payment processors to upgrade there. Please note that first you should fund your wallet there and then make a deposit (read more about that in my detailed review of the program here). In the latest newsletter from StanbicArbitrage issued tonight the admin also reminded us about the referral contests and investment bonuses which will be credited to all the investors with deposits of $200 and higher. Please read all the details in the newsletter below:
“Dear members, We wish to welcome all our new members into StanbicArbitrage. Its good news that we have finally completed all our cash out request, which we know all our old members must have received their fair share. StanbicArbitrage, has added SolidTrustPay as one of our payment processors.
We also want to remind you of the contest which is still running, we are using this medium to ask all old and new members to take advantage of it while it last. As for those who were unable to see the format of the contest, here is an extract shown below.
(1) Prize The first member with 10 active referrals will receive $50 sent to any e-currency of his/her choice. Old referrals will not be counted for the contest.
(2) Prizes The first 10 members to have 10 active referrals (incentives allowed) will receive a prize of $25 sent to their e-currency account of choice
(3) Free upgrade bonus
Invest $200-$500 get free $20 Added to your account
Invest $501-$1000 get free $40 Added to your account
Invest $1001-$2000 get free $80 Added to your account
Invest $2001-$ 5000get free $150 Added to your account
Invest $5001 and above get free $250 Added to your account
The contest has started since 13/01/2010 and it will run until 03/02/2010.
Time they say is money; we charge you all to take advantage of this huge opportunity.
Yours Sincerely, Adams Thompson”.

InstantMoneyBets (reviewed here) totally revamped their layout as promised. Moreover, they are now available on two domains with .com and .net extensions. I’m not sure why they are talking about the new script though, maybe it’s just a new version of the GoldCoders script because it’s still the same for me. Anyway, I believe the more attractive layout will attract more investors that can choose from the variety of plans offered: 1.2% for 6 days, 1.9% for 42 days, 2.23% for 120 days and 18.2% weekly for 202 days. Here is the update from the admin of InstantMoneyBets (interviewed here) about the most recent changes:
“It is done. We have setuped the new script with a brand new Design.
You can find us now with two Domains: www.InstantMoneyBets.com www.InstantMoneyBets.net
To access the site with the .com Domain it will take a few hours.
Please tell us your opinion about our new Design and change your Banners.
With the new Script all Deposits are back to instant.
Next Days we will also setup a own forum and blog.
All the best from, Michael and Staff”.

XagaEnterprise (reviewed here) changed their servers as the old ones had some accessibility issues. Also the admin notified everybody that another site copied their design (I will not name it so as not to give them free advertising) and warned that all the inactive accounts in XagaEnterprise would be deleted soon. To make your account in XagaEnterprise active you should have at least $1 deposit in any of the offered investment plans: 1.2% daily forever, 8%-10% weekly forever, 0.5% for 30 business days or 0.7% for 90 business days. Below is the latest newsletter from XagaEnterprise:
“1. Now you can access XagaEnterprise. Some of you might not be able to access it because the DNS propagation is not fully completed. If you can’t access it, please use Xaga’s ip: http://72.20.15.82/
Please notice that you can only make deposit via .com.
2. I will delete inactive account. If you haven’t upgraded your account yet, please upgrade it.
The minimum investment required for upgrading is only $1. I believe that’s affordable for everyone. So, what are you waiting for? Secure your account right now!
Let’s be a part of XagaEnterprise. Go Xaga!
3. A member of XagaEnterprise from France told me this morning that someone has copied my template.
Don’t invest any single dime to this asshole amateur! Pardon my language.
Ok, let me drink my starbucks and then I will start making payments. It’s gonna be a long long long Friday. Lol.
Cheer up and enjoy your weekend.
Thanks. Regards, Kevin”.

ArbisPro (reviewed here) which is usually paying 10%-12% weekly reminded about their promo plan where you can get paid 15% pure profit in a week plus your initial deposit returned. This promo plan will be in action for three more days only so if you’re interested in this offer the admin advises you not to sit on the fence for too long. Here is the latest newsletter from ArbisPro:
“Today is the forth day for our jumbo promo and a lot of members has bought into this plan. This is just a reminder to all who has not taken the opportunity to participate in the jumbo promo that this promo will be closed in 3 days time. This means, we will return to our normal 10% rebate earning. We are aware some are calling for an extension of time but we are not very sure of an extension at this time. 15% weekly is no joke plus a 15% ref.commission earning for anyone you refer that made a deposit to our jumbo plan.
We will also like to inform you that all payment has been completed for today. ArbisPro is already over 1 month old and we are doing very well. Our target is to become one of the strongest money making site on the internet today. We have contracted some new staffs who will help us with quick support to boost members confidence and respond in a swift manner.
Thank you for making ArbisPro work. Andrea Beck”.

The admin of GoldenFleeceFund Felix also reminded us today about the offer of a 12% bonus on every investment over $200 that expires at the end of the month. Also he mentioned about some VIP advantages which all the members who invest over $3.5K will get from the program. GoldenFleeceFund is paying 1.1% for 30 days and 2.5%-4% for 90 days with the principal returned on expiry. More on the program can be read in my detailed review published here. Here’s the latest from the admin:
“Hello, This is Felix Zeller with GoldenFleeceFund. I would like to remind you that our 12% deposit bonus expires at the end of this month on new deposits of at least $200. This is just a little over a week away.
We also would like to remind you that if you have not yet requested our corporate registration information, we can send it to you. You can either just respond to this email asking to see our corporate registration or you may submit a support request on our website: GoldenFleeceFund.
We are putting together our bank wire system at the moment. This is an option that will be available soon for those who have been asking us.
Another important aspect of GoldenFleeceFund is our VIP concierge. For any deposit that is classified as Level 3 or 4 (at least $3501), you are entitled to VIP concierge. Take a look at the overview below:
1. $150 Cash Bonus that can be withdrawn immediately upon investment into GoldenFleeceFund.
2. Private telephone number for concierge account services.
3. Private email address for concierge account services.
4. VIP account perks such as customized gift on birthday
5. First access to investor portfolio
Sincerely, Felix Zeller. GoldenFleeceFund Manager”.

WeeklyDividend (reviewed here) announced the first winners of their signature contest that will receive free upgrades in the daily (1.1%-1.5% daily forever) or the weekly (9%-11% weekly forever) plans of their choice. According to the admin, Ed, (interviewed here) the contest went so well that it was decided that the next two winners would be announced next Friday. So keep promoting WeeklyDividend and enjoy your prizes, guys! More about that in the most recent update below:
“Today is the day that we announce the first 2 winners of our signature contest!
And the winners are…drum roll please… Users Ganesha and pjames!
If these two users would please send in a support ticket letting me know if they would like their free upgrade in the daily or the weekly plan then I will add it right away.
Remember, just because you didn’t win this week doesn’t mean you wont win in the coming weeks. We are continuing the contest because it went so well. So get those WeeklyDividend links and banners in your signatures and be sure to post so that one of our staff members can see it and add you into the drawing.
Thank you to everyone who participated and we will do this same drawing again next Friday!
For today all payments have been completed and all support has been answered!
Thank you again for your trust in WeeklyDividend!
Thank you, Ed and the WeeklyDividend Team”.

XenoFinance (reviewed here) sent out the first newsletter to the members which actually contained very little information. In a nutshell the program is doing great and all the withdrawal requests are processed within less than 48 hours. Well, XenoFinance has just been a week online so it’s a bit premature to say it’s a success. We will wait and see how things go. I remind you that there are four investment plans on offer in XenoFinance and all of them are paid on expiry: 110% after 5 days, 150% after 15 days, 200% after 25 days and 300% after 40 days. The first withdrawals from the 5 days plan should have been processed by now so we could expect that it will lead to faster growth which is vital for such a program. Here is the first newsletter from the admin of XenoFinance Tim:
“Today I am happy to write our first newsletter, as everything has been going very well. We already have over three hundred members, at an awesome daily growth rate and all payments are being processed on time, which is always in less than 48 hours! So if you received payment, please support our project on forums and don’t forget to rate us on monitoring sites.
Several members have asked this question this week, and I want to make clear that upgrading from your account balance is not and will not be available, paying fees is a part of the business and we all understand that.
Thanks a lot to all who joined us, welcome to the new investors and I hope you will continue investing with XenoFinance.
Take care until next time, and keep in touch! Tim”.

I can tell you that FastCashProduction that I reviewed last night (read the review here) is doing just great. The first payouts are going out instantly and I could hear nothing but good responses from the investors. The admin of FastCashProduction though let me know that the program will continue with three payment processors for the time being (LibertyReserve, StrictPay and GlobalDigitalPay) as PerfectMoney payment processor was dropped due to internal technical problems. I hope they will be resolved soon but knowing the level of popularity of PerfectMoney I don’t think it will affect the program too badly. I remind you that FastCashProduction just launched a couple of days ago offering three extremely fast paying plans with daily instant payouts: 110%-120% after 1 day, 60%-70% for 2 days and 45%-55% for 3 days. Just don’t forget that FastCashProduction is just a game which will continue as long as it’s supported by members. So don’t lose your head and invest sensibly, ok? And just forgot to say that I sent some questions for an interview to the admin of FastCashProduction today and I believe I will be publishing it on my blog soon. It’s very good to see that the admin listened to my recommendations which I gave him in yesterday’s review and already added a FAQ page to his site where you can find the answers to some questions which will help you with the investing process.

StrictPay payment processor seems to be having difficulties with the last reliable withdrawal option left – Debit cards. After removing ACH withdrawals and checks it seemed that Debit card withdrawals and Bank wires remain the only viable options (except exchangers of course) to get your money out of StrictPay. However it doesn’t happen anymore. I’m not sure about the Wires (asked their support already) but it seems that Debit card withdrawals are delayed as well. The administration apologizes and promises to rectify the situation as soon as possible. However given the latest changes in StrictPay and the current delays with Debit card withdrawals I predict that more and more investors will be returning to SolidTrustPay who now seem to be totally back to a normal service. So we have now the same situation as happened to STP a couple of months ago. This time though it’s StrictPay that seems to have cashflow issues. Anyway, I hope it’s all just a temporary issue and they will be back on track soon, otherwise they risk losing a big chunk of their customers who will not hesitate to switch to their faster competitors. Here is the latest newsletter from StrictPay:
“StrictPay Debit Card Customers
The debit card loads are taking longer than the normal time frame due to the bank not completing the fundings we have sent previously to the debit card provider. This is even more frustrating as we use one of the same banks as the debit card provider to insure that transactions like this were likely to be completed more quickly than from other banks. We have been trying to resolve this issue for the last three days with no luck, but as soon as the funds are transferred we will complete all outstanding debit card loads.
Every customer that currently has a debit card load pending will have the fee for that load refunded to their StrictPay account by the end of the day. This includes both regular debit card loads and quick debit card loads. We apologize for the inconvenience, and hope to have this situation resolved soon.
Team StrictPay. The Best Payment Solution”.

All SolidTrustPay customers are asked to make donations to a specially created account with the purpose of helping the Haiti earthquake victims. Please donate if you wish according to the instructions given the administration on their official blog:
“URGENT – SolidTrustPay members with existing funds in their account are called to assist in our Haiti Earthquake Relief effort. You are encouraged to send an instant transfer to username : STP_Relief_Funds
The Canadian government will MATCH any and all funds donated! Aid and assistance is urgently needed for the thousands of people affected by this disaster. You can help today right from your SolidTrustPay account. Collected funds are sent regularly to recognized charitable organizations as identified HERE.
To make your donation, enter the amount and click the STPay button.”

There were two new programs added to my monitoring page today. The first one is LucreMaker (launched today) which is a very obvious short-term game offering four short- to medium-term plans with payouts processed on expiry: 111% after 3 days, 128% after 1 week, 165% after 2 weeks and 212% after 3 weeks. All the five major payment processors are accepted including: LibertyReserve, PerfectMoney, AlertPay, StrictPay and SolidTrustPay. The minimum is different for every plan and you can invest in the 3 days plan for as low as $10 with higher minimums for the other plans. LucreMaker is running off a licensed GoldCoders script and is hosted on a dedicated server with DdoS-protection by DdoSWiz. There are five domain names were registered and the payment for the first one was made for 4 years. It’s obvious to me that the admin has some experience in running HYIPs that gives me hope that LucreMaker will run for longer than average. Please disregard all the statements about trading currencies and just treat LucreMaker as a regular HYIP.

Another program that I joined today is GoldenInvestment and it’s only accepting LibertyReserve. I believe that this one could possibly originate from the admin of EzProfit (reviewed here) as the script is identical. Also the site is running on a dedicated DdoSWiz script which is the second similarity. Anyway, unless I have proof I cannot treat them as the same program so I won’t. GoldenInvestment offers two investment plans: 2%-3% for 300 days (the interest depends on the deposit) and 720%-1080% after 1890 days (this plan is not recommended as it’s extremely risky). The minimum to invest in daily plan is $10 only. I’m going to tell you more about GoldenInvestment next week when the review will be published on MNO.

I got paid today from the following programs:
FastCashProduction, SazaInvestments, Vegamex, InvestBro, FinanceNova, IwFunds, GeniusFunds, XagaEnterprise, GasAndOilInvestment, BetAndTrading, ScootFx, PanaMoney, NanoMoneyCorp, CedexInvest, EzProfit, WestFinance, SportBetInv, HugMoney, TradeZoom, RosalinFinance, Investorum, BarterCrown, OneDailyPro, SantiVentures, WaterInvestment, StanbicArbitrage, InvestmentForge, Verifield, RefMotor, MandarinInvest, Flanita, AimTrust, IncoForex, FxStar, CSMFinance, AtoxFinance, AsiaInv, XenoFinance, MoneyPlus, WeeklyDividend, StarkFund, TheKapital, KobelCapital, GlobalFund, Eternidex, Caziroca and InvestProxy (the first payment received).

That;’s it for today. Have a good weekend and hope to see you on MNO tomorrow with another review and more news from the Industry!