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

Hi guys! Most regular readers of MNO will probably have noticed by now that the reviews I write are exclusively of the programs on my monitoring page. Usually I like to introduce the new programs to you in my news section and then review them properly sometime later after I’m able to verify that they are paying. But today I need to make an exception to that rule. ForexPaidMe is a new addition to my monitoring page and before the news it’s the program I’d like to review. The reason it wasn’t mentioned on my blog earlier is simple. Time. Or rather the lack of time. The thing is that ForexPaidMe is an extremely short term HYIP game and if you like your chances of winning from it then you really need to either act fast or forget it. On one hand it’s pretty unlikely (and this is obvious) that this is going to be a long term sustainable program, but on the other hand if you’re quick enough you can make a few bucks for yourself out of it. Before we start however let me assure you that I did indeed confirm that they are paying, so it’s not that much of a rush job.

ForexPaidMe has four plans for you to choose from, the longest of which lasts for just two days so you get the picture. The first plan however pays by the hour and runs for 19 hours. Here’s how it works – for a minimum deposit of $5 you are paid a rate of 5.5% interest every hour, which of course you are free to withdraw as soon as you get it (payments are instant). Your original principal is already counted in the payments so at the end you should have received 19 payments of 5.5% giving you a total of 104.5%. Doesn’t sound like a lot but it’s not bad for less than a day’s work. Maximum spend is $10,000.

To be perfectly honest the second plan is a bit pointless and made redundant by the first plan. It offers nothing that the first plan already gives you except an extra risk. First of all the description you will find on the homepage is a bit misleading. It says that you will be paid 130% interest on expiry after just 1 day, but in actual fact that only applies to deposits of $25,000 and above. So don’t even think about it! What actually happens is this – ForexPaidMe offer to pay you 105% interest on expiry after 1 day on deposits starting from $50 up to a maximum of $10,000. Larger rates apply to larger deposits but clearly that’s not recommended. Under any other circumstances you’d have to be quite satisfied with a profit of 5% after just one day but in this case with the previous plan giving you an almost identical profit of 4.5% and with hourly payments as well, you can see that this option isn’t all that great.

For the third plan ForexPaidMe stretch the investment term out to 2 days and make payments on a daily basis. For deposits ranging from a minimum of $100 to a maximum of $10,000 you are offered 55% interest per day for 2 days, leaving you with 110% interest in total. This includes your principal. Once again the homepage says that the interest rate is quite a bit higher, but in fact that only applies to deposits of above $25,000 so I don’t think I’ll be getting into details about that here.

The fourth plan also runs for 2 days, bit this time ForexPaidMe pays on expiry. For a minimum spend of $100 and up to an amount of $20,000 you are offered 112% interest on expiry. Your payment includes your principal. Again the figures displayed on the homepage refer to the maximum rate on offer, and that will cost you upwards of $50,000 to find out if it’s genuine or not so the less said about that the better.

The payment processors accepted by ForexPaidMe as you may imagine make up a pretty short list. Unsurprisingly only LibertyReserve and PerfectMoney are taken so no chargebacks here is you lose. To be fair though you must surely realize by now that you are participating in a total game, your chances of winning and losing are almost random, and you really have little right to complain if you don’t actually profit. So don’t be greedy here. Payments are instant by the way, and while I’d usually say that’s a big plus in this case you couldn’t possibly run a program like ForexPaidMe without instant payouts.

The ForexPaidMe website is hosted on a dedicated Staminus server supported and protected by DdoSWiz. The script is under license from GoldCoders. SSL encryption is also in place as authenticated by Comodo. Any questions or customer support related issues can be sent to the admin via a support ticketing e-mail form.

The homepage describes ForexPaidMe as a new “investment brokerage company”. Now let’s call a spade a spade here and admit we all know this is most unlikely to be true. It’s one of the most obvious HYIP related games imaginable, though to the admin’s credit he seems to be determined to take it as far as he can. Including MNO there is now no less than 49 monitors covering ForexPaidMe, which by the way I hope isn’t putting too much of a drain on funds that would otherwise go to pay regular investors.

Anyway, the choice is pretty simple. If you want to take part in something more fun that buying a losing lottery ticket but with a slightly better chance of winning then think about ForexPaidMe. But I warn you, think quick! It won’t be here forever so decide now, but if you do join please remember that this is a high risk game so spend accordingly. In other words keep it fun and don’t spend anything you could be in trouble over if you don’t get it back.

OTHER NEWS FOR TODAY.

The level of dissatisfaction among the investors of PTVPartner continues to run extremely high at the moment as I receive dozens of complaints from members. Most of the complaints were about suspended accounts which Garrett promised would be dealt with later, alleging it was done due to overpaid accounts and that it took time to fix. However, some investors reported to me that they never tried to withdraw anything and their account was still suspended anyway, preventing them from seeing their profits anytime soon. So Garrett reported that the all pendings had been paid but at the same time the accounts are still suspended which retains some money in the program (your money!) helping it overcome the difficult situation it finds itself in now. And yet, despite all of those suspensions and delays Garrett acknowledged that PTVPartner faced a cashflow issue which is allegedly connected with the inability to fund payment processor accounts due to an enormous amount of withdrawals being made.

People are, frankly, jumping ship. And rightly so. Such serious issues are a definite sign of a pending collapse. And I’m not going to sugar-coat anything for you as this is what is happening right now. The investors mood will become even more alert and will surely get out if they’re smart enough when they see the new plan which is currently being offered by Garrett to bigger spenders who would like to receive 180%-200% after 28 days (the minimum to invest is $2,000). The plan was allegedly thought up to provide more funds to dig gold out of a silica mine. Well, I don’t know if you believe this nonsense but to be honest it probably will bring Garrett thousands of dollars from gullible people and maybe back-up the current shortfall in cash which he’s trying so hard to fill.

You might remember that GeniusFunds having some issues just a week before its collapse also offered a new plan with higher percentages to bigger investors willing to make a large minimum deposit. And you might also remember that I was strongly against it on my blog which saved some people money from investing there. So if you are seriously considering Garrett’s proposal of throwing a $2000 minimum into a fictional gold mine (i.e. the new plan) simply give it to charity because at least you will have some moral satisfaction of helping those less foryunate and not waste it in a collapsing HYIP. I noticed some monitors already moved PTVPartner to Problem status (which you can see on the program’s ranking page) and I’m seriously considering doing so as well if the complaints keep flowing. Sorry, but speaking bluntly the revival of PTVPartner seems to me only a very slim hope at this point. Every reasonable investor will see it and try to recoup his money from PTVPartner while still possible. So do it now and don’t tell me I didn’t warn you later! Simply the scenario depicted by Garrett in his latest newsletter is very familiar to me and reminiscent of the last days of such giants like GoldNuggetInvest and GeniusFunds. People who are in this Industry for a long time will know exactly what I’m talking about. For those who are still newbies and are accusing me of killing a good program simply switch on your brains, read the following newsletter carefully and if you don’t see any troubling signs you can go ahead and invest in PTVPartner. Sorry to say but after reading this I lost all the remaining hope and faith in Garrett and PTVPartner:
“The Good, the Bad, and the Ugly.
Lets start with the Ugly.
We have had some serious struggles of late. It is no secret I know. But let me assure you we are going to settle all of this. We will be accelerating ALL your Investment Maturities to accommodate you for the 4 day delays. For those that were already forced to endure them, we will also determine your suffering and compensate you. This won’t happen extremely quickly, we simply have too many things that need immediate attention. But we will compensate you. First, we will solve the SCI problem and populate your account with any and all deposits missing. Second, we are reviewing any and all account suspensions and will be reinstating those as well. We will adjust balances as the need is determined by any doubles you were paid. We have 4 additional bookkeepers assisting us starting Thursday in an effort to handle all accounting issues as quickly as possible.
Now for the Bad.
With the last 10 days or so of issues, there has been mass panic. Mass panic has resulted in extremely high withdraws. Honestly, we just were not prepared to handle the level of withdraws we are seeing currently. We have told you from the beginning, In order to keep on track, we average the withdraws and float 3 days. By float, I mean we maintain three days worth of withdraws, average, in ecurrency to make payouts. With the enormity of withdraws over the last several days, we simply do not have the current level needed to complete all withdraw requests today.
We have wired funds to purchase all the eccurency necessary to cover withdraw requests in excess. Unfortunately, bank wires of this amount take anywhere from 48 to 96 hours. So we will pay withdraw requests in order they are received with the ecurrency we have as we acquire it. We expect to be fully caught up in the next 2 to 4 business days. Of course we expect this fact to create even greater withdraw requests. So we have planned for that as well.
Now for the Good.
I have just finished coordinating a new set of investment opportunities for PTVPartner. Our Gold Excavation is beginning. PTVPartner, in an effort to secure its position in this portion of our Mining operation, is returning 100% of the profits to all members who choose to participate. We have a small window of opportunity to participate in this investment. We also have a small position to take advantage of. Members who participate will have first option to continue this investment opp. It is limited to the first million dollars participated. Once this is fulfilled, only those members that have participated will be able to continue to take advantage of this opportunity.
The Ultimate High Yield Asset for your Offshore Financial Portfolio!!!
Start the Experience … join PTVPartner to … Free your Life!!!”

After such a rant I can only say that I’m still impressed with the performance of MyGrandFunds (reviewed here). The program was offline last night for some time and the admin sent a short message to the members in order to calm everybody down which contained all the information regarding the downtime:
“Our DNS has been changed. If you can not load our site, Please wait 1-12 hours.
Regards, MyGrandFunds Team”.
At the time of writing the site of MyGrandFunds is loading fine for me and all the withdrawals are still being processed instantly for the 2%-3.5% for 90 days plan (with the principal returned on expiry). Since MyGrandFunds has been online for two weeks only the payments for the second more profitable plan of 200% after 30 days are yet to commence. Meanwhile, the admin has upgraded the listing on MNO to Premium and it seems things are doing great there.

I can’t say the same about Verifield. The program is hopeless in my opinion and has a very little chance of revival. I tried to make a tiny withdrawal to LibertyReserve again today and got the following message:
“Liberty Reserve API is not responding or under maintenance. Please try again later.”
However, take other programs (for instance MyGrandFunds) – they seem to not have any issues with LR which proves only that the main reason for Verifield’s problems are not technical but financial. I would recommend you hold off from investing in Verifield at this point especially considering that the admin stopped communicating and even didn’t bother to answer my ticket regarding the issues with LR withdrawals.

It’s strange but in the opposite of what was written in the latest newsletter from the admin of WealthyFunds (reviewed here) the withdrawal request stopped from being processed instantly. He actually gave some stats on the members today, promised to launch another huge advertising campaign soon and apologized for the issues with crediting deposits made via LibertyReserve and a longer waiting period for those trying to withdraw via AlertPay. He emphasized that the withdrawals should be instant by now but in fact they are not and I have pending withdrawals currently for all payment processors. Moreover, despite the admin’s intention to launch a massive campaign I still have to receive answers to the questions submitted in my interview. The troubling sign for me here that he didn’t even reply to me though I emailed him twice. So this is kinda contradicts his theory of launching a massive ad campaign soon. In fact, I feel that WealthyFunds might be over pretty soon but it’s only my opinion based on what I read in the latest newsletter and what I actually see. However, it’s only my humble opinion and I might be mistaken. You can read this newsletter from WealthyFunds and decide for yourselves:
“We needed to provide a quick update to our current situation at WealthyFunds! Within the past 7 days we have accumulated over 1500 members and over $120,000 in capital. Our team has been hard at work managing the funds and investing with the same strategies and principal our program was originally founded on.
At 2,000 members we will be creating very unique contest to make this the greatest high yield investment of its time.
We will be unleashing a massive advertising campaign in the coming days to continue the growth for the following weeks and months.
Our system for deposits with LibertyReserve ONLY went down for a few hours, however the problem has been fixed. We had to manually process hundreds of deposits during the 12 hour downtime. Deposits for LibertyReserve are again working. Withdrawal are processed instantly and this is still working.
Also, recently we transferred a large amount of funds to LibertyReserve for investing purposes, and now are in the process of transferring some of them back to handle withdraw requests via AlertPay. If your withdraw goes to pending please allow 12 more hours to process requests via AlertPay, and at this time we will have enough funds via AlertPay for this to never happen again. You may also contact us and we can process through LibertyReserve, PerfectMoney, or StrictPay instead. Our AlertPay account will contain more funds within about 6-12 hours.
If your withdraw did not process instantly with LibertyReserve, please once again try as we had to transfer funds from our reserve account. We extremely apologize for this error, and now your withdraw should process instantly.
Please keep instant withdraw amounts at a max of $200 and instant withdraw is working instantly up to $500 each day. This is only for your security. Request higher than $500 are processed within 12 hours, but usually 3.
In other news, $1 active referral bonuses will be paid today April 13 and thank you for your continued support. Affiliates, keep up the good work.
If you have any questions, contact our live support and we are online right now. You may find the link by visiting our homepage. Live Support link is located at the top of every page.”

I would like to announce two new programs that have been added to my monitoring tonight. The first one is HYIPnet. Do not worry about the name – it’s not a twin brother of an infamously bad tempered monitor! HYIPnet though made an effort to purchase such a popular name and I would say the admin of the program hopes to get the maximum from it. HYIPnet offers three investment plans with instant payouts processed to your LibertyReserve or PerfectMoney accounts. The minimum to invest in each plan is $10 and one of the plans offers daily payouts – 4% for 30 business days, while two others pay on expiry – 115% after 15 business days and 140% after 30 business days. While the interest is not so high HYIPnet has a good chance to become a sustainable performer in the long-term. What else? HYIPnet has a decent layout, properly protected by DDOSWiz who have it on a dedicated Staminus server and has an SSL-certificate by Comodo. The script is licensed from GoldCoders. HYIPnet just started last night and I’m going to review it on my blog after receiving the first payout.

The second program, PenninesFunds, is also quite new and also only launched yesterday. The only thing I dislike about the program is its extremely limited choice of payment processors (currently you can invest only with LibertyReserve). Otherwise the program is quite good (hosted on a dedicated server by BlackLotus, has an SSL certificate, and reasonable investment plans). You will be paid 2%-2.7% for 90 days (depending on the amount invested) with the principal returned on expiry. There is a comprehensive step-by-step guide available on the PenninesFunds website explaining how to create an account and invest via LibertyReserve so even a newbie will understand what to do. Actually with more payment options PenninesFunds might become popular so I hope the admin will add a couple by the time I review his program on MNO in a few days.

I have been paid today from the following programs:
ForexPaidMe (the first instant payments received), Aballong, WealthyFunds, ForexNetClub, EForexInvestment, TrueEarn, PerellaInvestment, AlphaMoney, EuroNanoInvest, InvestAward, WaterInvestment, PrivateDiamondClub, MyGrandFunds, AvaInvestment, PanaMoney, OneDailyPro, EzProfit, WestFinance, IntermedInvestments, Plents, AimTrust, YingYangInvestment, StereaFunds, MoneyPlus, IncoForex, PrimaryPool, GoldenInvestment, EzProfit and YesInvestment.

I will see you on my blog tomorrow with hopefully another interview, definitely a new review, and as always more news and views from the online HYIP industry!