THE PROGRAM IS OFFICIALLY CLOSED! PLEASE DO NOT INVEST!

Hi everyone! Before today’s news I want to talk about one of the new sites I’ve really been most looking forward to reviewing recently. It’s called StaunchFinances and while I don’t want to start getting too excited at this early stage the second I laid eyes on it it just had “instant hit” written all over it. Any experienced player in this business is going to recognize a quality program when they see it and StaunchFinances has an abundance of that. And let’s be honest here, with the current state of things in the business and so many excellent programs either closing or on the brink of closing I think we all know there is plenty of room for another high quality program and a good admin can see that there is a massive void out there now that needs to be filled. Is StaunchFinances the program to do it? Well only time will tell that but right now they are in prime position and are probably the best planned and most organized new HYIP to launch for some time.

It’s always important to set yourself apart from the crowd in this business. No matter what your involvement is, be it a blog and monitor like me, an exchange provider, a payment processor, a forum moderator, a HYIP admin, or whatever. Set the standards and let others follow you, not the other way around. Be the one that others talk about. And in many ways that’s what StaunchFinances is doing here. Rather than trying to compete with other HYIPs they’ve simply come up with a totally different concept of investing. They’ve got one of the most original plans I’ve ever seen. It’s one of those ideas that’s so good but at the same time so simple you’ll be asking yourself “why didn’t I think of that?”

So is StaunchFinances a short or a long term program? Well, on one hand it’s neither. On the other hand, it’s both. Confused? Don’t be. It may look a little overly complicated to newbies but all it takes is to sit down and read through it for five minutes and you’ll see it’s actually quite simple. StaunchFinances is just a little different from anything else you might be used to seeing. Here’s how it works – there are two plans available in the program. One is short term and the other is long term. The difference is that you are not given a choice as to which one you join. You make one deposit and that gets split evenly between the two.

There’s a lot more to StaunchFinances than just a good plan by the way. In fact there are numerous features that set them apart from the rest. There has to be if it’s going to be a market leader. But the plan is I think the best place to start any review. It’s basically the reason why they’re in business in the first place after all. And it works like this. There is just one plan per se, but once you join as I already said your money gets divided into two investment funds. I’ll give you a simple example of how it works in a second, but the first investment fund earns you 20% interest per day for 6 business days with payment on expiry. The other one pays you 2.5% interest per day for 56 business days with payments made daily. Your principal is already factored into the payments so it won’t be returned.

Here’s an example. Let’s say you have $200 to spare and you fancy your chances with StaunchFinances. So you deposit the full $200. Now, automatically $100 will go to the 20% for 6 days fund and the other $100 will go to the 2.5% for 56 days fund. You will receive daily payments from both funds simultaneously.

The first fund will then earn you $20 per day adding up to $120 in total on expiry (60% of your total investment). Keep in mind that this one will not actually pay you by the day, it will only do so at the end of the six day term. The second fund will pay you $2.50 per day adding up to a total of $140 on expiry (70% of your total investment). Add them both together and you have $260. That’s 30% profit in total which is very nice but by no means an outrageous figure either. In HYIP terms it’s more than achievable and quite sustainable. But because you are receiving two separate income strains the risk is vastly reduced. Not eliminated, but reduced. You have to remember that unlike the majority of longer term programs StaunchFinances actually let’s you break even and start seeing a profit in a remarkably short space of time, and that to me is going to prove a crucial point in opening this program up to a much wider audience who may not otherwise have all that much interest in long term HYIPs. Despite running for 56 business days in total (8 weeks) you get 60% back in just over one week and counting payments from both streams should see you break even after just 32 business days.

By the way, the minimum amount you can invest the first time with StaunchFinances is $10. But all subsequent deposits are only $2. The maximum investment is $15,000. And the choice of payment processors is really good with most of the popular ones in use. GlobalDigitalPay, LibertyReserve, PerfectMoney, SolidTrustPay, and StrictPay are all accepted. One thing I am very interested in however is the admins claim that he will soon be accepting credit card deposits. I know that you can for instance fund you account in SolidTrustPay with a credit card before joining a HYIP but my understanding is that you may be able to deposit directly into StaunchFinances with your card. This would be a first in the HYIP industry (that I’m aware of) so I’m kinda curious to see how this manifests itself. Anyway, payments are made manually so after requesting them the admin asks that you allow anything up to 72 hours to have everything processed. In reality though they are mostly completed in under 24.

A good program with a good plan needs a good website and a good security network to keep it all on track, and StaunchFinances has all of this. Hosted on a protected and dedicated Staminus server, perhaps the most impressive thing about the security here is the script. It’s from Gotenks, a name some of you will no doubt recognize as a programmer of some international repute and one of the most respected individuals in the business. I know that his services ain’t cheap, but I also know that in the years I have been working online I am unaware of any website that he has been involved with (either HYIP related or otherwise) ever having been compromised or ever having any security issues. SSL encryption is present throughout, as should only be expected of a program of this high caliber. Any further questions or support issues can be put to the admin by submitting a ticket through the contacts page. I know that he has also been active on the MMG forum, though how long he can keep that up for as his program grows (and grow it undoubtedly will) is hard to say.

In addition to all that there are a couple of interesting extras added on, for example there are some charts and graphs outlining the programs growth and progress both in financial terms and in terms of popular use. Although after only two days online they don’t make a lot of sense just yet, as the weeks and months roll by they should give you a better picture of the health of StaunchFinances.

Some people have mixed feelings about this but StaunchFinances don’t really put forward that much of a cover story explaining why they need your money and how they use it to generate unfeasibly large profits. In other words the usual HYIP admin lies. You all know the ones – ForEx, precious metals, real estate, stocks and bonds, etc, etc, etc. Personally I’m glad you’ll find none of that here. There’s a fairly vague mention of the program being in the hands of someone quite adept at making money. They don’t say how exactly, but I’m pretty sure that statement is true!

I’ll be treating this like any other HYIP and suggest you do the same. But even at this early stage it looks like one of the best researched, planned, organized, and executed HYIPs of the year so far. I’m not saying it’s the best but it’s up there. It’s very secure, has an excellent range of payment options, has an excellent plan that manages to remove most of the risk while still being profitable, and has a highly creative admin who I’d venture to guess has a lot more experience in this business than anyone else is aware of. Enjoy it while it lasts because programs like this one don’t come along every day.

By the way, I should at this stage remind you that just because I’m a bit more enthusiastic about our chances of making money from StaunchFinances than I am about most other new programs doesn’t mean I’m throwing caution to the wind either. No matter how good the admin there are always other factors beyond his control. And if recent events have taught us anything it’s that there are no certainties in the HYIP world. This is still a high risk business but it’s also a risk I’m prepared to take. There’s a lot of room on top of the pile right now for one high quality long term performer and it might just be a case of the right time and the right place for StaunchFinances. Fingers crossed anyway. Just remember, it only costs ten bucks to join so keep it sensible, monitor their progress for yourself, and if you’re satisfied with the performance you can always dip in with an extra couple of bucks later. But based entirely on potential this is one to watch and will be making headlines everywhere soon.

OTHER NEWS FOR TODAY.

It seems that the SolidTrader project (reviewed here) continues to develop and improve gradually which is necessary to keep investors’ interested. This high-paying program offering 110% after 3 days, 140% after 8 days, 200% after 15 days, 16% for 8 days, and 12% for 15 days. After a week online SolidTrader seems to be strong as ever and today’s addition of AlertPay as a payment option together with the introduction of a regular forum support representative makes the program more attractive than ever for new customers. I hope that the necessary growth will continue and see many investors profit from this HYIP. If you want to know more about SolidTrader straight from the admin you can refer to today’s interview with him which was published on MNO here. For all the latest news please read on:
“A week has passed since the launch of SolidTrader Online Project. During this period over 800 investors have decided to start financial partnership with us. In accordance with our goals the first phase of our project has proven to be a strong foundation for further development of SolidTrader Online Investment Project.
In this regard we like to announce several updates of our project:
– We have assigned support representative to several online investing forums. Our support representative will provide you assistance for any question you may have about SolidTrader investment project, you are welcome to discuss our program on those forums. Links to our forums are available in our Rating page. We believe, this will improve our customer service effectiveness to answer all your questions to general public and to make our communication more convenient.
– As promised we have implement AlertPay payment processor, you may now deposit into our program using AP payment processor. If you want to add your AP information into your current SolidTrader account please send us a support ticket through our contact page, as we do not allow member to update their payment processor information for security reason.
We also like to apologize to some SolidTrader member for problem connecting to our site for the last couple days, the precautionary measures were undertaken by upgrading our DDOS protection level. In the future we are going to work on with the purpose of giving the best service possible to our investors and partners.
Best Regards. Graham Roberts
SolidTrader Project Manager”.

As I predicted on my blog before despite of all the announcements to go private the admin of Aballong Alrea (interviewed here) is still accepting new investments from the current members and for this purpose two new plans were introduced today. No doubt about this as regardless of the claims every HYIP needs fresh funds in order to sustain the payouts and Aballong (reviewed here) is no exception. So I’m basically satisfied that they left another investment option open for the existing members. The first plan (the minimum to invest is $100) will enable you to get 40% monthly for 3 months and your principal will be returned as well following an additional 14 day lock-in period. Your total return from that plan therefore will be 220% after three and a half months. The second plan requires you to make an investment of $250 or more. It will pay 15% on a bi-weekly basis (twice per month) for three months with the principal given back to you on expiry after an additional 14 days of lock-in period. Actually for the second plan your profit will be 90% (190% including your principal) but you will be paid more often which makes it more reasonable option for some investors. These are new plans and according to the latest information I received in their newsletter you cannot invest in the previous plan anymore. Here it is:
“Aballong is closing finally the second pool at Midnight GMT today, we got many requests to keep it open, we also got many requests to keep at least some reinvestment option open. Honestly, this is all tempting, as of course it is always nice to see how the site grows and we specially like when people are getting happily paid day by day. As you remember we started with only weekly payments, this was much more comfortable for Martin, as we always have delays in getting money between bookies and our own accounts. This was also the reason why we closed the pool. Now many people ask us if this was just a Marketing Strategy, and we need to admit, it helped us getting the first pool very quick full. The second pool took much longer.
Now Martin and I was talking about the reinvestment option. But we are telling us it just makes more work for us, since we did transfer the money back for payments, and if you just reinvested the money from the account balance we actually had fees for transferring the money and need to transfer it back to the bookies. So Martin and I come up with a much better option for everyone who still likes to invest with us, or like to reinvest there earnings.
We like to call and invite you to join our Premium Option for active investors, actually there are two options, let me explain what they do for you and how you can profit from them. Also let me explain why this option allows us to make you a great profit and does make our life easier.
Premium Option One:
We allow reinvestment and fresh investments in this option at any time, since we do have the time to invest your money and request the payments with our bookies, so this option is open without any pool at any time for every active investor who invested in our standard daily plan. Martin will place this new or redeposit in a Monthly opportunity where you will receive a fixed Monthly return of 40% for 3 Months, and we will return your Principal investment after additional 14 days this means you receive 40% every 30 days for 3 Months = 120% and 14 days after you receive your initial payment back. A Grand Total of 220% is here paid to you within 104 days. The Minimum to Invest in this Premium Option is $100.
Premium Option Two:
We allow reinvesting and fresh investing to everyone, even to the freshly invited people, but remember we do not open the site for public, so they need to contact us with their information and your Aballong Number to start the registration process. We will also only allow fresh people when other leaves or receive their full payments already and did not reinvest within 7 days. The Premium Two is a plan what pays every 14 days, the Minimum, here is $250 and Martin archive 15% every 14 days for you for a total of 3 Months, what brings you to 90% and your initial deposit will be returned 15 days after the last payment, so you receive a Grand Total of 190% within 104 days.
We can offer these options without a pool as we have time to transfer money between our ecurrencies and the bookies.
Now before there are questions, or misunderstandings, the Pool One and Pool Two are paying as advertised, and you receive your daily interests, there is no change for all your active investments. But these two pools are closed! So you cannot invest anymore in our Daily Arbitration Pool, but you can invest in a 14 day and a monthly option.
Please be also advised we will not change your investment from the daily Pool to one of the Premium Packages.
Regards. Alrea”.

I honestly think that the admin of Rags2Richness (reviewed here) is really good in promoting his program and making it grow. After the recent addition of SolidTrustPay and AlertPay payment processors the number of investors increased significantly. And now together with standard daily (3.5%-5% for 45 days) and weekly (27%-40% for 7 weeks) plans you are able to make a deposit to a super plan offering 14% daily for 10 days. According to the admin of Rags2Richness this plan will be only available for a limited time (till the end of April) to encourage new spends. Please remember that you’re only allowed to deposit in this plan from $50 to $300. Also the admin reminded about the referral competition going on and promised to deliver the first results in tomorrow’s newsletter. And here is the today’s news from Rags2Richness:
“Again I’d like to welcome all new members that have joined us since yesterday. Rags2Richness has been listening to it’s members requests and we are offering a new short term limited plan until the end of the month called the Super Plan.
14% Daily for 10 Days which can be withdrawn daily to your payment processor. Depositing amounts however are limited to a minimum of $50 and a maximum of $300. This is because we want this plan to complement the ongoing Referrals2Richness competition and can also be considered as a test plan for all members who are still deciding to join or deposit. Existing members can join this plan also.
This plan is only available until the end of April. From May it will be removed from the deposit plans and no further depositing can be made to this plan. Profit will keep on being paid out to those who still have an active investment in this plan during the first 10 Days of May.
The referral competition has already started to a great response and we will be giving you the first standings tomorrow in another newsletter.
Take Care & Best Regards. Stuart, Rags2Richness Admin”.

Please note that the administration of PenninesFunds (reviewed here) which offers 2%-2.7% for 90 days with the principal returned on expiry had to disable instant withdrawals on their site due to some malicious hacking attacks. I think security definitely comes first so I support this decision as long as the program continues to pay everybody. Today I requested another payout from PenninesFunds and was paid pretty fast as usual though not instant anymore. Here is the latest update from the admin:
“Hello, We are sorry to inform you we have disable the auto-withdrawals for security reason. We has been attacked by hacker as some other sites, that’s why we decided to disable auto-withdrawal, all withdrawal request will process manually before we fix the technical problem.
Kindest regards, Winford Fenelon
PenninesFunds Customer Service Department”.

You might be aware that CorporateInvest has disabled the instant withdrawals as well. However in this case seemingly it was a well-planned scam attempt. It looks to me that only small amounts are being paid now and only to monitoring sites that don’t care about anything but their own earnings. Of course they will display CorporateInvest as Paying once they receive their payouts. Please do not get into this trap yourself as CorporateInvest is a confirmed scam and the admin stopped communicating at all after just 7 days online. What a disappointment!

Even more disappointment came today from PerellaInvestment which not surprisingly collapsed after delaying the payouts. I already reported about this on my blog tonight but you know what made me put PerellaInvestment to Problem status on MNO straight away? The fact that the admin removed the rating page from his site which is a definite and clear sign of scamming for me. In addition, all the communication with the admin was cut off completely. Running for 5 weeks only PerellaInvestment was not profitable for the investors and became just another fast scam. Unfortunately!

One of the programs that really surprised me in a good meaning today was WWFD. Honestly, I was about to write it off from my blog today due to delays with the payouts. However today the admin came out with a significant update sending instructions on how to proceed with your withdrawal request after the script was finally fixed. I had to re-submit my withdrawal request in WWFD and was paid quite fast which made me think that there was no excuse but real script issues were involved which have now been solved. Here is the latest from WWFD (reviewed here):
“Hello, We updated our script and we deleted all withdraw request.
Please login to your account and go to “EDIT SETTINGS” then you MUST change all your e-currency account number and you should put your transaction code in “Current Transaction Code” in Login Info part .
Then you should click “Edit Settings” AND in next page you should go to your email and put the Confirmation Code and confirm it.
Please check your SPAM box if you don’t receive the Confirmation Code.
Best regards. WWFD Incorporated LIMITED”.

I would like to repeat again that PanaMoney will be left on Waiting status on MNO for one week until the alleged upgrade of the system is completed. The fact that the payouts are delayed due to this “upgrade” but deposits remain unaffected is not very encouraging though and it’s NOT recommended to invest in PanaMoney till the 28th of April when the payouts supposedly should be back to normal. Please note that the banners of PanaMoney will still be active on MNO during this week but it has nothing to do with its performance but rather purely commercial reasons because they paid for them and announced that there would be no payouts in advance. I will give them the benefit of the doubt like I do with some programs. Honestly, I don’t think they will recover. But who knows? Miracles happen sometimes even in the HYIP industry.

If you need an example for that simply take OneDailyPro. Unlike many other HYIPs it was closed in a very dignified manner when the admin disabled deposits and sent a newsletter informing the members about that. He also promised to process refunds and that was also typical with many admins promising the sun, moon, and stars but not delivering anything. Looks like the admin of OneDailyPro is really different from them. Today he personally let me know that the refund process had been started and asked to inform MNO readers about that. So I logged into my account in OneDailyPro and that’s the notification I have found there concerning the refunds:
“Refund. Stage #1:
1. For those clients who has lost less than 50% (total of invested funds) refund will be done on stage #2.
2. For those clients who has lost more than 50% (total of invested funds) refund will be done on stage #1. Refund queue direction: from end (newest clients will be refunded first). Stage #1 will be started on 2010-04-22.
Note: Bonuses are not included in refunds.
Note 2: Refund rate 50 – 60% (all profits is included).”

Returning back to PanaMoney. Please note that there is a phishing email circulating online in which the members’ frustration and curiosity is exploited and you’re advised to download and sign some contract (rar file) due to the recent changes. Scammers know how to get what they want and their obvious goal is try to steal all your money. So under any circumstances do NOT download or open this rar file if you appreciate the security of your online funds. Here is how this phishing email from PanaMoney looks like (note that the rar file is attached to it):
“Dear PanaMoney client, In response to recent events, we have to change the terms of the contract.
For each investor their contract. Read, sign and send us an email.
Best regards, PanaMoney Customer Support”.

The admin of YingYangInvestment (reviewed here) announced that the compounding option is active now and you can use it in the 1.2%-1.6% forever plan. The admin also told me that soon he is going to implement StrictPay as another payment processor (so far only LibertyReserve and PerfectMoney are being accepted). This is the latest update from YingYangInvestment:
“Dear members, The compound option will be available tomorrow as many of you requested.
Also we would like you to take the effort to post your payment proofs on the forums.
Some of you do but the majority does not, we would like some more enthusiasm from some of our members. (lol)
Best regards. John”.

There was also short update received from the admin of EForexInvestment today. In this newsletter the admin encouraged everybody to vote for the program as soon as you receive a payout. Also the admin asked to upgrade more to keep the program going (that was the funniest part, lol). Here is the update from EForexInvestment:
“We wish to thank all our new members and also annouce that all pending payouts have been paid for the day. You can check all recent payouts here: http://www.eforexinvestment.com/recent_payout.php Also we encourage all our members to vote for us via the monitor page that you can find at: http://www.eforexinvestment.com/ratings.php EForexInvestment is growing daily and the only way to earn is to purchase active shares in the system. To do so: Do login into your members area and and click on the upgrade button. You can start with one single share or you can purchase more. Click the link below to do so. >> http://eforexinvestment.com/?ref=moneynews Thanks for been a member as we continue to serve you better. Regards Vian. EForexInvestment”.

I would like to ask you for help now, guys. The thing is that I decided to interview Stella (along with her husband one of the co-owners of SolidTrustPay payment processor) again. The last interview was conducted quite a long time ago and I’m sure that now SolidTrustPay is different and is offering more options to HYIP players. I don’t want this interview with STP to be just another interview though. And this is where you come in. I want your contribution too, guys. So please I would like to ask you to submit any questions you might have about STP payment processor to me. I would like to make it a Q&A session just like I did last time with GNI. I believe it will be another interesting experience. So if you have any questions about SolidTrustPay you can submit them to my email and then I will include them in my interview together with my personal questions. If you have anything to ask please send your questions to my email address abramsonp@gmail.com by the end of next week with the subject: “Questions for STP”. Thanks in advance, guys!

Today I received payments from the following programs listed on my monitoring page:
AlphaMoney, SolidTrader, TrueEarn, MoneyBreeze, SureBetInv, BetExpekt, AvaInvestment, ForexNetClub, Rags2Richness, MoneyMakersGroup, InvestProxy, BritishFinanceGroup, Aballong, StarxInvest, EForexInvestment, FinitInvest, YesInvestment, DollarTime, ArbsTeam, StaunchFinances, WestFinance, ForexPaidMe, PrimaryPool, PrivateDiamondClub, AimTrust, InvestAward, IncoForex, HYIPnet, EuroNanoInvest, AtoxFinance, WWFD, MoneyPlus, PenninesFunds, HighYieldCapital, GoldenInvestment, EzProfit, Plents, RedOrchidInvest, YingYangInvestment and IntermedInvestments.

I will be publishing twice again tomorrow with the first article being an interview with the admin of HYIPnet. In the evening though I plan to review a new short-term program MoneyMakersGroup and bring you the latest news from the industry. So check back again for that and I hope to see you on my blog tomorrow!