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

Hi guys! Hope you’re all enjoying the weekend so far. I’m expecting a quiet couple of days myself as far as HYIP news is concerned, though of course I will continue to bring you whatever updates there is. Before we get to that however perhaps one of the most whimsical HYIPs I’ve seen in a while is CharterInvest, a short term investment program that was added to my monitoring page just yesterday. They’re claiming to be in charge of a massive fleet of airplanes consisting of a 150 planes in the USA and a further 250 worldwide. Now, let’s just put that into perspective for a second. Were that to be true it puts CharterInvest in charge of a bigger operation that either Air France or British Airways! I mean I’m pleased not to see yet another in the assembly line of mind numbingly boring ForEx HYIPs but still, bigger than Air France? I think I’d have heard of them before last Thursday!

But getting away from that for a moment and sticking to what we know to be facts. CharterInvest have four short term investment plans to choose from, all of which offer daily interest payments based on the size of your deposit.

The first of these is called a Test Plan, and while I guess that’s because it’s only open to small deposits it still runs for the same term as the others – 30 days. The minimum deposit is a bargain $5 and the maximum is $100. Over the course of the term you will be paid 5% interest per day. Your principal is counted as part of these payments so you break even after 20 days and see your first profit after that. You should finish with a total of 150% of your deposit.

Next we have the Advanced Plan where in return for deposits from $101 up to a maximum of $1000 CharterInvest offers you 5.2% interest per day for 30 days. That still means it takes 20 days to break even so your chances of success are about the same but you finish the term (we hope) with a total of 156% of your deposit, which is included in the payments. OK, but not that much more of an incentive to risk a lot more than the previous plan either.

The Expert Plan is where things get a bit more serious. CharterInvest charges a minimum deposit of $1001 to enter this plan with the maximum at $5000. Again the term is 30 days but the daily rate of interest, which counts your principal as well, is 5.5%. At that rate you break even after 19 days and finish with a total of 165% of your principal.

The fourth and final plan from CharterInvest is the VIP plan. It will cost you a minimum of $5001 and takes anything up to $100,000. So for all intents and purposes there’s no real maximum. The investment term is still 30 days and you are still given daily interest payments. The rate is now 6% per day so on the off chance that anyone actually joins this one you could break even after 17 days and finish the plan with a total sum of 180%, principal included.

The list of payment methods is OK for a short term HYIP. The inclusion of AlertPay will make a lot of people feel more at ease about joining, and in addition to that there’s the ever present LibertyReserve and PerfectMoney. Payments are instant by the way so this should really give the program a boost. Despite the FAQ page saying they’re “usually” made within 12 hours without explicitly putting an exact time frame on it, I can personally confirm that payments are definitely instant.

The CharterInvest website is decent enough. It’s easy to navigate and is up to a reasonable security standard. DdoSWiz are the hosting provider and they are keeping CharterInvest on a dedicated server. The script is licensed from GoldCoders and SSL encryption is being used throughout to protect the members accounts. You can contact the admin with any questions or support issues via the online support ticketing system.

I already mentioned the alleged business activities of the program at the top of the page. Now, you are free to do as much research into that as you please but I’ll be taking it with a liberal dose of Siberian salt myself! I must admit though it’s a colorful one! The admin gets an extra point for making the effort though it doesn’t make your deposit more secure. Treat it like any other HYIP and remember that it only costs five bucks to join. So it’s possible to make a deposit without losing your shirt. A modest deposit might be a fun addition to a diverse portfolio.

OTHER NEWS FOR TODAY.

Scott, the admin of TrueEarn (interviewed here) pleasantly surprised me tonight by adding my request about submitting questions for my forthcoming SolidTrustPay interview to his latest newsletter. I would like to thank him for that and remind you that I’m still accepting your questions to STP for a few more days. I received several questions already so would like to thank everybody who submitted them. In case you don’t already know Stella the owner of STP has agreed to answer any questions about STP, payment processors, or to the extent that she might be able the wider world of online e-commerce and online investments. Do yourselves a favor guys and take advantage of this opportunity. She’s one of the most experienced people in this business and it’s not everyday that you can share in the knowledge and experience of people like her. Rest assured that I will send all your questions (or even suggestions) to the admin of SolidTrustPay Stella.

As for the program itself TrueEarn is doing well and growing just fine with no payment delays and 20 days of stable online work behind them. The first payments from the highest paying plan of 210% after 20 days should be processed tomorrow and I will be looking forward to seeing the paying posts on forums and monitors which were mentioned in the newsletter. There are also two more different plans in TrueEarn (116% after 4 days and 145% after 10 days) where you can make your deposits via all six MNO recommended payment processors. More about the plans can be read in my review of TrueEarn published here. TrueEarn currently holds the #2 spot in MNO Rankings and I’m sure with such good work it will become the #1 performer pretty soon. Please read all the latest news and updates from the admin below:
“Dear Members, Before getting into the main news, I thank all my members who have been showing their continuous support for TrueEarn from the very beginning. For the past 3 weeks of our journey, TrueEarn have attracted close to 4000 members, and I’m sure most of you who have been with us from the beginning are already in nice profits. I have to agree that my members have done a great job in supporting and promoting TrueEarn all the way along, and I hope to see you all with us in the long run.
As you all know, we added the payment processor, SolidTrustPay, as the new deposit/withdrawal option, a few days ago. Paul of Money News Online, with whom I had an interview a few weeks ago (which you can read here), and who is also one of our top promoters, is planning to do an interview with the admin of SolidTrustPay very soon. So Paul suggested that, all those members who would like to have their questions asked to the SolidTrustPay admin, about their performance, security, even the quality and efficiency of our work with them since we have their payment processor accepted as a deposit/withdrawal option, and everything that comes in your mind that is related directly or indirectly to SolidTrustPay, may contact Paul, so that he can ask those questions to the SolidTrustPay admin, during the interview. You can contact Paul of Money News Online by going here.
Another important news is that, since GlobalDigitalPay, www.globaldigitalpay.com , is undergoing a scheduled maintenance at the moment, all GlobalDigitalPay payments are put on hold, and those payments will be processed as soon as GlobalDigitalPay completes their maintenance and their website is back on track.
In the last newsletter, I mentioned about thanking us for our honest work, by voting for us in at least a couple of monitors. But some of my members had a doubt in choosing the best monitors to vote for us. We would prefer to see your honest votes in the below monitors
GoldPoll – http://www.goldpoll.net/details/15097/
HYIP Explorer – http://www.hyipexplorer.com/true_earn_2582/
GS Monitor – http://gsmonitor.org/details/2714/
Those who wish to take part in the discussions of TrueEarn being held in the top forums, can follow the below links. You can also post your payment proofs there. I believe there are a lot of TrueEarn members, who are also the members of the below forums, but I don’t know why they are not posting their payments proofs in these forums. Honestly, I would like to see my members posting their payment proofs in the below forums, and I would highly appreciate your effort.
MoneyMakerGroup Forum – http://www.moneymakergroup.com/True-Earn-Truearncom-t343211.html
DreamTeamMoney Forum – http://www.dreamteammoney.com/index.php?showtopic=96119
TalkGold Forum – http://www.talkgold.com/forum/r288973-.html
Just as a reminder, do keep in mind that all incoming and outgoing transactions processed through our website are highly secure due to the 256-bit high end SSL (Secure Sockets Layer) encryption system we are having from Comodo, and also that, we are accepting 6 payments processors, Liberty Reserve, Perfect Money, Alert Pay, Strict Pay, Solid Trust Pay and Global Digital Pay. You can invest with any of the 6 payment processors of your choice.
I wish you all an enjoyable weekend with your nearest and dearest ones.
Regards, Scott. TrueEarn Manager”.

As you could see from the above-published newsletter GlobalDigitalPay withdrawals cannot be processed at the moment due to their site having been inaccessible for the second day in a row. It seems that GlobalDigitalPay is experiencing some troubles which will hopefully be fixed pretty as promised in the recent update taken from their support site:
“Due to Emergency Maintenance on the GDP servers the main web site will not be available for another day at least.
Server issues and other configuration problems mean we have been delayed and it looks like we won’t be finished for a while.
We are really sorry for the inconvenience and assure you that your accounts and all funds are safe. We are working tirelessly to bring the site back up and promise to keep you informed on Twitter, our Blog and the Support Center.
Thank you for your understanding.”

The administration of InvestProxy (reviewed here) wants to know members’ opinion on opening a virtual office in London earlier than they first planned to do so in September. In my opinion, it’s an absolutely useless idea as this virtual office will not give any guarantees for your money and you will not be able to find the owners of the program there. Maximum that can be done here is for a small fee redirect all the correspondence sent to the virtual office to InvestProxy‘s original address which will remain anonymous at all times anyway. So really I don’t see any meaning in all this but it’s up to the members to decide whether they see any benefit to a virtual office or not so feel free to submit your opinion. However if you’re not entirely sure what all this means then you may wish to refer back to an article I wrote on MNO last year. Regular readers will know I used to live in London for a while and while there I did a little research into these so called virtual offices. Click here to see the results and then see if you think it’s such a great idea. Here’s the newsletter from InvestProxy:
“We announced some months ago that a support office will be opened in London in September. As we receive requests often regarding an office in Europe, we are considering paying for a virtual office sooner.
Please let us know if you consider a virtual office suitable until September. Many businesses are run from Virtual offices, but we believe we should seek your opinion on that before going ahead to pay for one. It is quite cheap.
We wish you a wonderful week.
Regards. Admin. InvestProxy.”

The admin of StarxInvest (reviewed here) promised to answer some questions for an interview for MNO when hopefully we will be able to find out more about that program paying 1.5%-2% daily forever and 12%-15% weekly forever. The program has been running for 5 days now and has only 80 members at the time of writing. I hope after the interview more people will take a closer look and at least think about it. Anyway, in my opinion slow growth for StarxInvest is more beneficial at this point when so many programs are in free fall. Slow growth is preferential at this point, especially for low-ROI programs like StarxInvest. Here is the first official newsletter from them:
“Since this is our first newsletter, I would like to welcome you to StarxInvest and thank you for your interest in our investment program. If you have any questions, comments or concerns and would like to contact our support department please do so at anytime 24 hours a day. Expect a reply within 24 hours.
Now for the main news today. Just two days ago StarxInvest was reviewed by Money-News-Online.com. I would like to invite you to read the review as it may answer some of your questions or concerns before investing with us. You can find the review on our site under the stats or by clicking the following link:
http://money-news-online.com/blog/2010/04/21/21042010-starxinvest-review-and-other-news/
Again, welcome and if you have any questions please contact our support at support@starxinvest.net anytime.
Sincerely, Tanner Michaels. StarxInvest.”

PTVPartner is officially done, guys. It’s sad but true. There were no payments reported for the last two days but the admin Garrett still keeps sending meaningless emails trying to persuade people to invest in the infamous Gold plan in hope of some fresh funds by Monday. I think that’s what he meant by telling that he’s going to replenish the e-currencies accounts with fresh funds in the latest newsletter. I bet there will still be some people who will deposit into this plan despite all the warnings from various sources. Unfortunately some people are too gullible and there is nothing I can do about it. It’s very probable that some payouts will be processed on the coming Monday-Tuesday but don’t let this fool you. These will be only done to try and convince you that everything is back to normal. Of course people will be paid from the funds coming from those gullible investors depositing thousands into this fictitious mine. So if you do receive your payments on Monday don’t even think of redepositing your money as PTVPartner is definitely a goner. I predict that they will still be finding any for selective payouts for the next two weeks and after that they “go private” and disappear with all the money collected as happened so many times before. I hope you will be smart enough to hear the voice of reason and think carefully about your future relationship with this latest collapsing giant. Here is the newsletter from Garrett entitled “The End” the irony of which wasn’t lost on me!:
“The End!
The end of all the problems that is. Our ecurrency will be replenished by Monday and all accounts will be completely paid in full. We want to thank all the members who have been so patient with this problem.
Gold Plan is almost full as well. We will be removing it from the website as soon as it is completely fulfilled. Members who have participated will be able to continue in this program. Those who have participated will need to set the auto reinvest to continue participation at whatever level they wish to continue at. The maximum you can Re-Invest is 53% of your original investment.
We will be going Private in a couple of weeks and actually cannot wait to be out of the limelight. The website will have a member’s only entrance and all other information will be obscure unless a membership has previously been registered. All inactive accounts will be purged early next week. All members with more than 4 accounts will be required to merge those accounts. The ability to do this will be forthcoming.
We apologize for all the problems. Those of you that have lost faith in us, we understand and wish you well. Your funds will still be available for withdraw and you will receive them by Monday Night Tuesday Morning of next week.
The Ultimate High Yield Asset for your Offshore Financial Portfolio!!!
Start the Experience … join PTVPartner to … Free your Life!!!”

And here is the latest from the PTVPartner chat actually acknowledging the existence of pending payments from as far back as far as 17 days. Also there was no timeframe mentioned as to when the payouts are going to be paid. I remind you that first they promised to pay everything by Sunday, now they seem to be not so sure about that and the date is further delayed. Come on, do you they honestly think anybody could believe that they could process pending payments for 17 days by Sunday? Or within a couple of days after that? Especially after all the lies they are spreading? You’re gotta be kidding me, right:
“**PENDING WITHDRAWALS:
There are still some pending withdrawals. These are being attended to as wired funds reach the payment processors. No exact time frame can be given as this is mostly out of our hands. Currently only one withdrawal request will be paid per account, per day. There is no point in splitting withdrawals into smaller amounts.
From Garrett: We will shortly be paying out another huge amount of withdraw requests. All Withdraws should be caught up over the next couple of days. Only send a ticket if your legitimate withdrawal request is still pending from before the 7th April and use the Subject Line.”

EzProfit (reviewed here) launched another plan with high interests paying 7% daily for 180 days. I would not recommend this plan to anybody as the minimum is too high ($100) and the rates are not sustainable in the long run. For any program that comes with such a plan originally starting with a low 1% for 999 days plan it’s a huge red flag. So if you’re in EzProfit already I suggest you not redeposit anymore and if you’re not then don’t join it. Remember that it’s just my friendly advice to you as at the moment of writing this EzProfit is still paying fine. Here is the update from the EzProfit website announcing this new plan:
“6 Months Fixed Plan Launched!
We offer a 6 Months Fixed plan which pays 7% daily for 180 days. Total 1260% return and your pure profit is 1160%.
This plan will be closed at anytime once we reached the investment limit.
We guarantee all of your invested fund in this plan. You have nothing to lose.”

Another huge red flag came from GoldenInvestment (reviewed here) today whose admin is most likely (I’m 99% sure) the same admin running EzProfit. It seems that GoldenInvestment also changed the plans and I found out that my 2% for 300 days plan turned into 0.5% forever. That comes without any prior notice and without my prior consent. Formally the admin of GoldenInvestment is still paying me and everybody else and so I can’t move it to Problem status yet but the fact that the plan was changed points to an obvious cashflow issue. Please note that any further investments in GoldenInvestment are not recommended. Please also note the new plans: 0.5%-3% forever, 4%-6% for 180 days, 17%-25% for 45 days, 20%-30% for 15 days.

Further troubling signs are coming from EForexInvestment (reviewed here). I don’t like the fact that interest was paid to me today via AlertPay instead of the requested StrictPay. I don’t think of it as a simple coincidence because usually the admins of such programs start to dump AlertPay due to an imminent collapse. Call me paranoid but due to the current unfavorable situation in the HYIP market one should be extremely careful and notice such troubling signs straight away to minimize possible losses. So if you ask my opinion I don’t think it’s wise to invest money in EForexInvestment at this moment. I might be wrong but it’s always be better safe than sorry, isn’t it? Here is the latest email from the admin which actually doesn’t contain much news or any real useful information at all:
“Hello, We wish to gracefully welcome all our new EForexInvestment members and also thank all investing members.
We will keep doing what we promise. Timely payments!
Also, let me use this opportunity to inform all our members that all pending payouts have been paid.
Please view our payout list that can be found at:
>> http://www.eforexinvestment.com/recent_payout.php
Thanks for being part of our success at EForexInvestment.
Remember that for you to continue earning, You need to have active shares . If you havent upgraded, you can start today and purchase at least of simple share that cost $10.00
Here is the link to login and grab at least one share in the system:
>> http://eforexinvestment.com/?ref=moneynews
For those of your that have been receiving payments, pls continue to support us in the forums and monitors.
Please visit http://www.eforexinvestment.com/ratings.php and put your votes there.
We’ll be more excited to see your comments at forums.
Sincerely, EForexInvestment Team”.

I would like to introduce a new program with very moderate returns to you tonight guys. It’s called ArbexTraders and it just launched a couple of days ago. It’s a program claiming ForEx trading and therefore variable monthly interest that will be credited to your account and available for withdrawal every 30 days after making a deposit. The minimum to invest is $50 which can only be done via LibertyReserve and GlobalDigitalPay (note that a 2% deposit fee will be applied). A $50 minimum is quite high for a new program I think and it’s up to $500 to join a plan offering up to 20% for one month with your principal returned. As you can see it’s a test plan and the proper plans will start only at amounts over $500. Then depending on the amount invested ArbexTraders will pay you up to 30%, 40% or 50% monthly for a five month period. After five months (150 days) your principal will be returned. The site uses the same script that GNI used and so you will have to fund your e-wallet first and then complete your purchase by choosing an appropriate sum. Actually you can refer to my old review of GNI to find out how the script works in detail because it will probably take me awhile before I review ArbexTraders on my blog (since they are paying only once a month and I only review after I personally confirm the first payments have been made). The site of ArbexTraders is quite good with a lot of original texts, they are SSL-secured by Comodo and hosted on a dedicated server by the respected provider Dragonara so downtime should be at a minimum. The only things that could get in their way is the limited choice of payment options, the quite high minimum investment figure, and the relatively low and variable monthly interest. However, ArbexTraders definitely stands out from the crowd and if they chose slow growth which will make their program more sustainable in the long run I believe that’s what they are going to get. Anyway, a full review of ArbexTraders will be available on my blog after I receive the first payout from them.

I have been paid today by the following programs:
TrueEarn, Aballong, SureBetInv, MoneyMakersGroup, BritishFinanceGroup, MoneyBreeze, ArbsTeam, DorealCapital, BetExpekt, FinitInvest, EForexInvestment, StaunchFinances, PrivateDiamondClub, AlphaMoney, Rags2Richness, DollarTime, StarxInvest, ForexPaidMe, RedOrchidInvest, AtoxFinance, EuroNanoInvest, IncoForex, GoldenInvestment, EzProfit, YesInvestment, IntermedInvestments, PenninesFunds, AvaInvestment, WWFD, Plents and CharterInvest (the first instant withdrawals received).

If you want more news from the industry please don’t forget to check out MNO tomorrow, You know it’s the best place to find today’s news today!