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

Hi everyone! As mentioned earlier when I posted this afternoon I decided to split today’s news updates into two halves as there was quite a bit to get through. So for the rest of the day’s main stories please refer back to the earlier update. And it’s just as well I lightened the workload for myself too. Most of you won’t be aware of this but tomorrow is Israeli Independence Day, but the way things work here is that the party kicks off tonight. It’s already getting pretty lively outside on the street so I think I’ll be joining them later. Apologies in advance if tomorrow’s post seems a little confused!

But getting back to business the next program I’d like to look at this evening is a new short to medium term HYIP with the imposing name of BritishFinanceGroup. It was added to my monitoring page just after being launched around the middle of last week and after mulling over it for a few days I’d have to say I’m mostly positive. BritishFinanceGroup has some good profitable plans, a decent selection of payment processors to join with, a good support network and a well organized website to co-ordinate everything. No guarantees but not a bad start.

BritishFinanceGroup has four plans for you to consider, And you know while I hate to draw comparisons between new and old programs in my reviews I simply can’t avoid saying that the plans on offer here are remarkably similar to those seen in PTVPartner. There’s no connection between them or anything, but it’s too obvious to miss and too obvious to avoid mentioning. But that’s no bad thing either, and I simply mention it as proof that the plans I am about to describe are indisputably sustainable in the long term as long as the right admin is in charge. We’ll get a better picture of that over the coming weeks and months but for now, again it’s a promising start.

So as I said there’s four plans and they all pay on expiry. The first of these is called The General Income Plan and it runs for 10 days. Minimum investment is very affordable at just $10 and the maximum is $1000. On expiry you will get a payment of 110%. This is the complete figure by the way, so remember that your principal is already counted. So for a $100 investment you’d get a total of $110 in return.

The second plan is called The Standard Income Plan and it runs for 20 days. Here BritishFinanceGroup offers you a final payment (principal included) of 125% on expiry. The minimum to invest goes up a bit this time to $50 which I guess is still affordable to most online HYIP players while the maximum rises to $10,000. So the same $100 spent here should we hope get you back $125 on expiry.

The Advanced Income Plan is next and it runs for a term of 30 days. The minimum to invest is $100 and the maximum is $20,000. Again there is a once off payment made on expiry and this time it’s a more lucrative 150%. Your principal is included here too so your actual profit is 50%, eg $100 invested gets you a final payment of $150 on expiry.

And the last plan, The Enterprise Income Plan, is where things start to get a bit serious. Minimum investment here is a tasty $500, for which BritishFinanceGroup offer you one single and final payment of 190%. The investment term runs for 40 days. Now typically when a short term HYIP has one single (slightly) long-ish term option I get suspicious and tend to avoid it. In the case of BritishFinanceGroup however I get the impression they are much more focused on the more medium term options than the shorter term ones. Provided you can actually afford $500 (no mean feat in these recessionary times, I know) it may be worth the gamble. I mean it’s your money and totally your call, but I get the feeling this could be a popular program that goes well beyond just the one cycle. Fingers crossed anyway! Maximum spend is $50,000, but let’s not go nuts here either, eh?

The choice of payment processors is pretty good with most of the popular ones accepted. GlobalDigitalPay, LibertyReserve, PerfectMoney, SolidTrustPay, and StrictPay are all included. What sets them apart however is the introduction of a members only e-currency exchange system where you can invest in one currency and withdraw to another. It’s been done before but it’s never been a comm feature among HYIPs. And keep in mind that it only applies to exchanges between LR, PM, and GDP. STP and SP are not subject to this offer so while I agree it’s a great feature and a definite bonus, I don’t see it as any reason to actually join BritishFinanceGroup in the first place. But kudos to the admin for introducing it at all and it shows some level of dedication to customer service that you don’t always find in this business.

And speaking of customer service, BritishFinanceGroup offer a pretty good standard, at least as far as the HYIP industry goes anyway. The most important point of which is the existence (rare as it is) of an actual functioning telephone number. I tried it out a couple of times today, though the first time I received a recorded message asking me to leave a message. Call me old fashioned, but I just can’t talk to anything that’s not human! My mistake however was not paying attention to the working hours of BritishFinanceGroup. It seems I called them a bit early after not realizing that they work from American Pacific Time (i.e Nevada – how “British” is that?!) so I tried them again a little later. This time after the phone rang and rang it eventually did get answered. Unfortunately, and I admit this was my fault entirely, I got cut off due to the fact that I was on Skype and my connection was intermittent (so apologies to the operator who answered!). But I will confirm that the phone line works.

I guess a lot of non-native English readers here might not be that interested in telephone support so sorry to overstate the point, but there are other options open too. For a start you have the usual e-mail support ticketing system, and also you have many people’s favorite – Live Chat. All great, as long as they’re maintained anyway.

As for the other website features, BritishFinanceGroup are hosted on a dedicated server as supported and protected by Koddos. Accounts are protected with SSL encryption and the script is licensed from GoldCoders.

Despite the American telephone number and the “British” name, one read of the FAQ page would suggest a native English speaker is nowhere to be found in this program. The standard of English is a little broken, though I don’t hold that against them of course and it has nothing to do with their ability to manage a good HYIP. But if anyone is curious about the American connection and the British connection, well I suspect neither are all that genuine.

Interestingly though their FAQ page gives a bit more away about the alleged business and investment activities of the program. Though on one side BritishFinanceGroup claims to be involved in some unspecified activity connected with the economies of the developing world. Talk about leaving it up to your imagination! However when the suggestion is made about publishing an actual office address we are told that due to the (well known) questionable legal status of HYIPs in the US they prefer not to give us that information. Sounds a bit “cloak and dagger” but in actual fact they’re just being candid. The risks are there and they’re big!

Fair enough. Nothing I didn’t know anyway, but as online HYIPs go I like this one anyway. A lot of good work went into it so I hope to see some good results. But please remember that just because I’m feeling positive is no reason for the rest of you to jump in with both feet. Feel free to check this one out with a short term test spend first. If you’re satisfied with that then go ahead and take it a little further, just don’t lose sight of the fact that BritishFinanceGroup is still an online HYIP game.

OTHER NEWS FOR TODAY.

Wow, what a day it was for me, guys. It seems that many low-ROI programs are experiencing some serious issues today which could make them collapse in the near time. First of all, I was reported today that the accounts of many people in WaterInvestment have not been credited with their weekly payouts today. Then there were some complaints submitted about withdrawals pending for over 24 hours. I tried to contact the admin of WaterInvestment and even put the program on Waiting status on MNO but was paid just a few minutes later. That makes me think that the program did pay selectively to monitors, however some people confirmed to me that they were paid today as well. I’m not sure if everybody was paid though and despite leaving WaterInvestment on Paying status on MNO monitoring for the time being I’m asking you if you were paid by WaterInvestment recently. I would like to receive your reply and so help me to decide on the further status of the program on MNO. Please submit all your complaints and concerns to my email address.

The strangest thing that happened to me today was that for the first time for over a year I was not paid by PanaMoney and my withdrawal to LibertyReserve is still pending. That never happened to me before even during the times the site was offline. That’s why I was quite concerned and decided to ask their live support about it. However the man there assured me that I would be paid in due time today. This did not happen though. It was confirmed by some MNO readers that they also had some pending withdrawals from PanaMoney to StrictPay and were told by support to submit their requests to AlertPay instead. In my opinion such things can only happen if a program is short on funds but I definitely hope I’m mistaken. PanaMoney has been one of the best HYIPs so far and I would not like to see them go, however this is how it looks like to me at the moment. I do not want to put the program on Waiting status yet because I would like to receive your feedback about your recent withdrawals from them and if they were processed in time. I’m not particularly interested in small withdrawals because many people were paid today. Mostly I would like to know if they process larger payouts as well as smaller ones. At this moment any new investments in PanaMoney are not recommended and I hope you understand why.

Another problematic program now is MyGrandFunds. For some reason nobody can access their account as every time the system says that the data entered was incorrect. I would not be too much troubled about some technical difficulties if the admin communicated better with his members. At this moment no new update has been issued regarding this glitch and my email to the admin remained unanswered. I don’t really know what has happened with MyGrandFunds but the lack of communication really makes me picture some bad things to come. I will wait till tomorrow as well before moving MyGrandFunds to Problem status on MNO.

The admin of TheKapital program also remains silent about their AlertPay issue. Payouts to AlertPay are still not possible there and remain disabled. Despite the admin promising to issue an update regarding the problem it has not been done yet. I have emailed the support of TheKapital again and will be moving them to Problem Status on MNO tomorrow if I don’t get any response.

So to summarize the last four paragraphs investments in PanaMoney, WaterInvestment, TheKapital and MyGrandFunds are not recommended as they might be moved to Problem status on MNO tomorrow. I will give you an update regarding their current status very soon.

Another seemingly stable program that showed some warning signs today was Oico (reviewed here). No, everything is fine with this program and the payouts are still instant which is a good sign in itself. However, you should agree that it’s strange that a program that is paying 1.8%-2.2% for 150 business days for over a year suddenly introduces a very short-term plan paying 20%-23% for 6 days. There was only one explanation to it: either the admin is short on money to pay the current investors (which is more likely considering all the prolonged downtimes Oico faced lately) or it could be the last chance for the admin to get some money before vanishing into thin air. I would not like to consider the second option however it’s better be safe than sorry, that’s why I would not recommend investing in this short-term plan simply because it’s a bit weird and illogical for a program with such a long payment record. The choice is yours though and I have just received this short email from the admin of Oico:
“We added our new plan Please for more information visit Oico.
We have very good offer (This Plan is open only for 30 days)
Thank You. Oico Team”.

With so much negativity surrounding low-ROI programs surprisingly their short-term cousins are doing quite well For instance, I noticed that TrueEarn reinstated SolidTrustPay today as their sixth payment processor and from now on you can deposit and withdraw using them again. The plans on offer for those interested in TrueEarn are: 116% after 4 days, 145% after 10 days, 210% after 20 days. The program has been for over two weeks so far and is showing some good results. More about TrueEarn can be read in my detailed review (published here) and an interview with the admin of the program Scott (published here).

Another short-term program CorporateInvest that was reviewed on my blog just a few hours ago (read it here) paid me instantly on my first plan on expiry. I deposited into the shortest one paying 110% after 3 days. The other plans include 120% after 5 days, 145% after 10 days and 300% after 20 days. Unfortunately CorporateInvest only accepts LibertyReserve and PerfectMoney which limits the appeal to potential investors preferring other e-currencies who might have joined it otherwise.

The admin of SureBetInv (interviewed here) is thinking about adding an additional payment option – GlobalDigitalPay. For deposits over $100 the admin is offering a 5% bonus credited to your account. SureBetInv currently celebrated a month online which is not such a long term for a program paying 1.4%-1.8% daily and 11%-15% weekly forever with the possibility to get your principal back after 84 days. More about the plans SureBetInv is offering can be read in my detailed review published here. And more news from the program can be found in the latest newsletter just a received a couple of hours ago:
“Hello SureBetInv members, We are coming to an excellent moment of SureBetInv, most members already support our project and consider it’s a good investment opportunity. Members who registered early and trusted in our concept since beginning already harvest nice stable returns, we launched on March 16, it has been over 1 month online and the growth is very good. There is something our team like the most, we are receivi have stable deposits, so every week our arbiters know how much they will have to deal in the bookmarkers.
I’m sure if you like sports and football you are following Champions League, this is the most important team championship in Europe. This annual league brings lots of new bettors to the market, that’s a nice season for professional betting. The first match of semi-finals will happen tomorrow (Internazionale v Barcelona), in one week we will know who will play the finals. We are preparing to for a very busy week, during the next 10 days arbiters will have lots of work to do due to these fixtures and other events that will happen. So we are offering to the members that make deposit starting from now a 5% bonus credited in their accounts. Please, this bonus is valid only for deposits made from NOW, don’t send us messages to credit your account for a deposit you made before this newsletter.
We are thinking to add GlobalDigitalPay in the list of accepted e-currencies, we would like to know what you members think, if you use this payment processor please send us a message. This is a new e-currency, probably not many investors are using them yet, GlobalDigitalPay will only be added if we check SureBetInv members will use it.
So don’t lose the chance to earn additional 5% return on your deposit (Only deposits from $100 earn the 5% bonus). This offer is valid until Friday (April 23th). Contact us through one of our emails or Live Chat to get your bonus credited. Remember you are not only earning 5% but also contributing for our expansion, the more members attend to calls like this the more capital we will have to invest, and it is very positive for sustainability of SureBetInv. Thanks for your support!
Best Regards, SureBetInv Team”.

Some good news came from Rags2Richness program today. A fifth payment processor was added to their list and it’s one of the most popular ones – AlertPay. I believe that will bring many new members to Rags2Richness despite of the 2.5% deposit fee charged by the admin. Plans include: 3.5%-5% for 45 days, or 27%-40% for 7 weeks. In his latest update the admin of Rags2Richness also told how to add your AlertPay account to your profile and mentioned some reviews of his program including the yesterday’s MNO review (you can read it here):
“I would like to welcome all new members and say thanks to old members who’ve been with us from the start. This is a short newsletter going out to all members with a quick re-cap of the past week.
We’ve seen Rags2Richness grow beyond 330 members now and still growing by the day. We have just added a new payment processor today – AlertPay. We will now be accepting payments through AlertPay for all new and existing members. So together we are accepting AlertPay, LibertyReserve, PerfectMoney, StrictPay and GlobalDigitalPay as payment processors. Existing members just need to log in to their R2R account and go to Edit Profile & password. There you will find the field where you can enter your username for AlertPay. Due to AlertPay’s high fees we are adding a 2.5% fee to all deposits from AlertPay. We will have more payment processors added in the coming days.
Rags2Richness has also been reviewed by a few industry bloggers.
Get ready for a very exciting week ahead cause we will be having some great announcements and adding many new features.
If anyone has any questions please don’t hesitate to send us an email from our contact section on Rags2Richness.
Take Care & Best Regards
Stuart. Rags2Richness Admin”.

PenninesFunds (reviewed here) also slightly broadened the choice of payment optionsinvestors by accepting PerfectMoney along with LibertyReserve. PenninesFunds is paying instantly on the investment plan offering 2%-2.7% for 90 days with the principal returned on expiry. Here is the latest news from PenninesFunds:
“We would like to inform you that we are now using PerfectMoney as one of the payment methods on our website. You can now deposit funds, withdraw interest and earn referral commissions via PerfectMoney. Please feel free to contact our customer service should you have any questions about the use of PerfectMoney on our website.
Kindest regards, Winford Fenelon
PenninesFunds Customer Service Department”.

DollarTime which has been added to my monitoring last night is doing great with all payouts processed very fast after requesting them. DollarTime also launched a referral contest which will end in a week. I remind you that they pay you 10% ref commissions for the deposits made by your referrals into any of the plans on offer: daily (2% for 30 days) or weekly (20% for 4 weeks). Read my detailed review of DollarTime on MNO tomorrow! Here is the short news taken from their website:
“10% Referral Commission
Don’t miss our referral contest, we are paying 10% commission for each deposit your referrals make, this contest ends on 24 April.”

The admin of YingYangInvestment (reviewed here) is also considering adding more payment options as right now the choice is limited to LibertyReserve and PerfectMoney. The most probable candidate is StrictPay as the admin told me so himself. Also the compounding option when you will be able to re-deposit your profits from 1.2%-1.6% daily forever plan will be probably enabled soon. The future plans are clearly outlined by the admin of YingYangInvestment in his recent newsletter to the members:
“There was a problem with the language selection and this is solved now.
Some of our members are asking to activate a compound mode. We will take a look into this first. And we might most likely activate it as many members can not buy new adpacks with their profits.
Also a lot of members have asked to add more payment processors.
We will also take a look into this as we need to be able to transfer funds towards our investments and back without any problems or to high losses etc. We will update you soon about this.
There is also a FAQ update: ‘All payments will be processed within 2 business days’.
Have a great day! John”.

I have added another program today which pays by the week. It is called FxCrudeOil and the weekly payouts are processed on the following plans: 10% for 15 weeks, 11% for 20 weeks and 12% for 30 weeks. You can actually choose the appropriate plan for you as the minimum to invest is different in each plan, but you can invest with as little as $20. The script is kinda unusual and I’ve never seen it before. The admin assured me that it was a new version of Neversay but I can’t yet confirm it. FxCrudeOil just launched yesterday and it accepts all the popular payment processors including AlertPay, LibertyReserve, PerfectMoney, SolidTrustPay and StrictPay. The site is hosted on a dedicated server by HushHosting and is using SSL-encryption so the site can be considered safe enough. As far as I can see FxCrudeOil is quite a decent website. I will talk more on this in my detailed review which will be published on MNO soon. Stay tuned for that!

To finish I would like by giving you the list of the programs that paid me the last 24 hours:
TrueEarn, DollarTime, Rags2Richness, SureBetInv, ArbsTeam, YingYangInvestment, Aballong, Oico, InvestProxy, OneDailyPro, PerellaInvetsment, SolidTrader, FinitInvest, BetExpekt, CorporateInvest, IntermedInvestments, AlphaMoney, WaterInvestment, WestFinance, MoneyPlus, ForexPaidMe, LiveProfits, StereaFunds, PenninesFunds, InvestAward, HYIPnet, AtoxFinance, PrivateDiamondClub, DynFxTrade, AvaInvestment, YesInvestment, GoldenInvestment, EzProfit, MoneyBreeze, DorealCapital (the first payment received) and StarxInvest (the first payment received).

That’s about it for now so I guess I’ll see you on my blog tomorrow with more reviews and news from the industry. Stay tuned and always be on the money with Money-News-Online!