Apr 25th, 2010 Archives

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Hi everyone! Straight into the news tonight but don’t worry if you were on the lookout for some new programs. I’ll have a new review for you soon enough but as today turned out to be a lot busier than the usual Sunday I thought I’d leave it off until the morning.

Some good news came last night from a program that many readers are now considering the next big thing. I’m talking about MoneyMakersGroup which just added AlertPay to their list of payment processors that already included LibertyReserve, PerfectMoney, GlobalDigitalPay and StrictPay. With the addition of AlertPay this program paying 10%-12% daily for 12 days will definitely become more prominent and popular among HYIP investors. I have reviewed MoneyMakersGroup on my blog as well (read the review here) and sent some questions for the interview to the admin so hopefully I’m going to be publishing that pretty soon as well. Here is the latest news from MoneyMakersGroup:

Dear Money Makers,
As per the request of our valued members AlertPay has been added to the list of Payment Processors accepted at MoneyMakersGroup. Please add your AlertPay account details to the profile and make deposits.
The review has been published about MoneyMakersGroup on MNO. You can see it here:
http://money-news-online.com/blog/2010/04/23/23042010-moneymakersgroup-review-and-other-news/
Thanks. MoneyMakersGroup
”.

The admin of DollarTime Carl also mentioned in the latest newsletter that his AlertPay account is also now fully verified. It’s weird because even in my review of DollarTime (published here) I already mentioned that AlertPay was among their accepted payment processors. It’s funny that they fully verified their account only by now so finally you can deposit funds via AlertPay. Moreover, DollarTime reported about the possible addition of SolidTrustPay soon and I think there will be a huge demand for this popular payment processor (Don’t forget to submit your questions for the upcoming interview with STP). Finally, a bonus will be paid to every investor starting from as low as $10 as a part of a promotional campaign running till the end of the month. Please note that the bonus of 5%-10% will be paid for any investment done to any of the plans on offer by DollarTime – 2% for 30 days or 20% for 4 weeks with the principal returned on expiry. The bonus is not automatic though and after making it you will have to contact the admin via email or Live chat and they will add your deposit manually which can be either withdrawn to your e-currency account or put in one of the plans of your choice. Here is the latest news from DollarTime:
Hello I’m Carl Stuart the administrator and I want to give a greeting to all our users, this day we complete 8 days online and everything is going better than expected.
I want to thank all users who have relied on us, the supporters, monitors and blogs which have done an excellent job promoting DollarTime.
I wish to inform that now we have AlertPay fully verified business account, finally after long time of checking and expects our business account has been approved, it will generate a lot more confidence and security to all our users and prospective investors.
We are also considering the possibility of adding SolidTrustPay as deposit option, I would like to know the opinion of the users so I would appreciate that respond to this mail telling us what you think.
Today we are launching a new contest, after the past successful referral contest and the excellent work of supporters, now we want to give investors the opportunity to get some extra cash too, we are offering a bonus from 5% to 10% for each deposit you make.
Deposits from $ 10 to $ 100 =5% bonus
Deposits from $ 101 to $ 1,000 =8% bonus
Deposits from $ 1,001 to $ 10,000 =10% bonus
This contest will be available only for 7 days and ends on April 30, all you have to do after deposit is send an email to support or contact Sara in the live chat and you will receive bonus in account balance, it will be available for immediate withdrawal or invest in plans.
Please all users continue putting your payment proof in the forums, this will help us continue to grow at all.
Best regards to all and remember “Time is Money”
Carl Stuart.

It seems that despite becoming the best promoter for Rags2Richness program (reviewed here) I didn’t receive the last two newsletters from the admin for some reason. That was corrected now and the admin Stuart was so kind to re-send the missing newsletters to me to publish them on MNO. In the first newsletter there was 10% deposit bonus announced to all the members willing to deposit over $100 in any of the investment plans currently on offer: 3.5%-5% for 45 days, 27%-40% for 7 weeks or the newest addition – 14% for 10 days. To apply for the bonus which cannot be withdrawn by the way but can be added as a deposit to your plan of choice you should email the admin with all the necessary info mentioned in the following newsletter:
Welcome to all new members who signed up with us. Today we have a special treat for everyone:
Rags2Richness is giving a 10% extra bonus added on deposits of $100 or more till the end of April. The unique part of this is that the 10% bonus can be invested in any other plan of your choice. So you can have $100 in the Daily plan and $10 in the weekly plan.
This bonus will remain until the end of April or can be stopped beforehand if we find any abuse of it. Both new and existing members qualify for it. Please note however affiliate commissions will not be paid out on the 10% bonus. Referral commission is still paid out as normal to the original deposit of $100 or more.
To get the bonus just deposit and send an email on bonus@rags2richness.com and your bonus will be added to the plan of your choice. When sending the email please include your member ID, deposit batch number, and the plan that you would like the bonus sent to. It is important however that you send an email from the same email address you have on your Rags2Richness account.
The much awaited first standings for the referral contest are as follows:
1 – MEMBER 205 – 10 Referrals – $307, 2 – MEMBER 95 – 4 Referrals – $302, 3 – MEMBER 290 – 2 Referrals – $276, 4 – MEMBER 38 – 2 Referrals – $210, 5 – MEMBER 57 – 2 Referrals – $101, 6 – MEMBER 241 – 3 Referrals – $92.50, 7 – MEMBER 215 – 2 Referrals – $56, 8 – MEMBER 153 – 1 Referral – $20, 9 – MEMBER 89 – 2 Referrals – $16
There are still more than 8 days left until the contest is over and I’m very happy with the outcome so far. Congratulations to these members and please keep up the good work!
Take Care & Best Regards. Stuart. Rags2Richness Admin
”.

By the way, did you look at the charts? Money-News-Online is the #1 referrer in Rags2Richness and who knows maybe I will win the main prize (provided the program will still be in good health when the contest ends of course). Surely anything can happen with Rags2Richness by the end of the month but if the admin really wants his site to be moved to BlockDos servers which is considered to be the safest hosting provider for HYIPs next week (as promised in the second newsletter) then we can expect the program will run longer. You should agree that nobody will be changing their hosting provider if they want to close their program soon, especially to one so expensive. So in my opinion if the moving of the site really takes place next week we should expect some good results from Rags2Richness over the course of the next few weeks. I hope that the plans of starting a vigorous advertising campaign early next week to help the program grow together with some exciting plans the admin has in mind will all help in the long run. Here is the last newsletter I received from Rags2Richness:
Welcome to new members who signed up with us since yesterday. Today I’m sending a short newsletter to inform everyone about our plans for the next few weeks. We will be moving to a new hosting next week – BlockDos. We believe that Rags2Richness is among the best programs out there and we aim to be the No.1 Online investment opportunity out there and to do this we need to be protected by the best and need to have the best resources around. Therefore between Wednesday and Thursday next week we will be migrating to BlockDos hosting. More details on this will be given later this week.
I’m also happy to announce that our recent promotions have been received very well and there are many members who are taking advantage of them. We will certainly have more to come once the current ones are over. We will not be adding any new promotions until the end of the month but when the current ones are finished we will launch 2 new promotions and contests which are different then these.
From Monday we will also be starting a rigorous advertising plan where we seek to advertise in all the key places at the right spot and the right times to help Rags2Richness grow even further.
There are some key points which we will be looking into and planning this week to add to R2R in the near future to further set Rags2Richness above all others:
– Credit Card and Bank Wire deposits
– Own Debit Cards to withdraw money in your account straight from an ATM
– SMS notifications
– Auctions Page
More information about the status of these features will be given in the coming weeks.
With the current growth and traffic we will see Rags2Richness becoming the Top No.1 Online Investing Program out there in a few months. With this we would like to thank our current members for your support and membership with us.
Take Care & Best Regards. Stuart. Rags2Richness Admin
”.

A new program that was added to my monitoring yesterday – ArbexTraders – sent out some clarifications regarding the payouts schedule. It appears that despite they are paying only once per month the payouts can be requested on the 1st of each month. So if you join and deposit into ArbexTraders on any day in April you will still be able to receive a partial monthly payment on the 1st of May. That was much needed clarification obviously which means that the program will moved to Paying status on MNO and will be reviewed earlier than I originally thought. Here is the newsletter from them:
Greetings AT members, We just wanted to clear up any confusion with regards to withdrawals for the month of April and going forward.
The withdrawal button will be activated on May 1st to allow those members who joined in April to receive a partial payment for the month depending on when you joined. If you joined with 8 days left in the month, you will have 8 days of interest sitting in your account which you can withdraw or reinvest. Interest will be credited to your account weekly based on Forex and Arb trades in the markets and will be available for withdrawal on the first of every month.
We hope this clears up any confusion there might have been. If you have any questions at all, please feel free to contact us via our live chat, email or support ticket.
We hope you all have a great rest of the weekend!
Best regards, Jeremy & John
”.

I have received the first payment on expiry today from BritishFinanceGroup (reviewed here). I used to have a deposit into 110% after 10 days plan but now I also upgraded to the second plan paying 125% after 20 days. I believe BritishFinanceGroup is a pretty safe pick for now even for two other plans that offer the highest returns – 150% after 30 days and 190% after 40 days. The program is still quite new and has every potential to grow. The acceptance of five popular payment processors and stable and on-time payments contributes to this growth for sure.

The admin of StarxInvest (reviewed here) promised to answer my questions for the interview within the next few days. So hopefully soon we will be able to find out a bit more about them. They have two perpetual plans with no expiry date: 1.5%-2% daily and 12%-15% weekly. There was some good news from the admin Tanner today – they added Live support and now you can solve any issues you might have in real time. Also they are planning to add SSL-protection pretty soon so I’m looking forward to that. In the latest newsletter from StarxInvest was also mentioned about the problems with GlobalDigitalPay which has been offline for a few days already. Here is the latest from Tanner:
Hope you all are enjoying your weekend off and are all rested up for your upcoming week!
Today, after researching a few live support operating software’s, I have now fully integrated our very own Live Support Feature to StarxInvest. If you would like to now talk with me or my support staff, you can find the live support icon on every page on the left hand side of the site.
The next feature we will be integrating is the security of SSL Comodo. It will be researched a little more and hope to have that to our site soon! (In the meantime, our site is already very well secured and no problems should occur)
Now on to payment processor GlobalDigitalPay. They are having a slight issue now with there scheduled maintenance and don’t expect to be online until Wednesday at the earliest. There are currently no withdrawals for this processor but if you do make one before there back online, contact our support and we would be happy to assist you with withdrawing to another currency.
Look forward working with each and everyone of you and have your success start here!
Sincerely, Tanner Michaels
”.

After that it’s pretty obvious that I also need to mention about GlobalDigitalPay payment processor which is still offline due to some technical issues. So the admin of this new but already quite popular processor made another attempt to apologize for the inconvenience caused and promised that when they are back online by Tuesday or Wednesdayof next week they will be stronger than before. I don’t see any reason not to believe that nor I think it will disrupt the work of the HYIPs due to the relatively small part of the overall GDP deposits in the whole sum. Here is the latest news about the possible dates and accessibility issues from GlobalDigitalPay team:
We are still working to get the web site online but have encountered some unforeseen technical problems and are likely to be offline for longer than anticipated.
We hit some issues during our maintenance downtime for some infrastructure and back end upgrades so this put us back a day or two. Then we got a DDoS (on the maintenance page) which was quickly handled, but delayed us further. The weekend means we have less staff to help, so this also slows us down, but we will be fully manned from Monday along with additional help from our web hosts.
We have to then upgrade the server, application and firewall etc and run some tests. It looks like we will not be online until Tuesday or Wednesday of this week.
We realise that this is not acceptable as an online business and we are very sorry for the extreme inconvenience. We are more confident than ever that when we return we will be able to provide an even better service and continue to grow into a more powerful and competitive digital currency.
We actually grew a bit too fast and did not have the proper infrastructure in place to be able to handle such huge demand on our services in a short space of time (we have only been open for 10 months!!). So this is our opportunity to put a better framework in place behind the scenes so we are able to expand sensibly.
The future is very bright indeed. We have more user account based enhancements planned, better user security options, our own debit card and the web site will finally be translated into several languages.
Please hold out for a few more days. May we kindly ask you to not blame your Exchange Agent for unfulfilled orders as the blame lies solely with us, not them.
Also, do not believe the silly rumors circulating on the forums and message boards. Please keep up to date on the GDP Support Center or with your Exchange Agent for genuine news.
Once again, please accept our sincere apologies for the down time.

Unfortunately I have to move MoneyBreeze to Problem status on my blog tonight due to multiple complaints about delayed payouts which according to the site’s ToS should be made to e-currency accounts within 24 hours after the request. I tried to give the admin of MoneyBreeze the benefit of the doubt and contacted him today. And of course no reply was made meaning he doesn’t care so much about the payouts anymore being busy scamming. I guess the program deserves to be moved to Problem status and if you considered investing there please forget about it.

On the other hand I was paid two pending payouts from Oico yesterday which I considered to have become a scam already. Moreover, I received a couple of confirming votes for Oico in my ShoutBox. At the same time I’m quite concerned with the lack of communication on the admin’s side and the selective nature of the payouts there. I’m not going to move Oico back to Paying status yet on MNO but would like to ask my readers if they received their pending payouts from them. Mostly I’m interested in reporting about large payments which obviously should be delayed if the program is really paying selectively. Thanks for your assistance, guys!

Two new programs have been added to my monitoring tonight. The first one is XoboFinance. The program just launched today and it only accepts LibertyReserve as a payment option. XoboFinance offers two investment plans: 2%-2.8% for 40 business days and 11%-15% for 8 weeks. The minimum to invest in both plans is $10 and the interest as usual depends on how much you deposit. XoboFinance is running off a licensed GoldCoders script, has Comodo SSL-encryption and is hosted on a dedicated server with Koddos protection. Everything is fine about that but if the admin wants his program to become popular he must think hard about adding more payment options soon as despite LibertyReserve being the single most popular payment processor online it still cannot satisfy everybody’s needs. I will review XoboFinance on my blog next week so stay tuned for that.

The second program is more interesting in my opinion though it accepts only two payment processors: LibertyReserve and PerfectMoney. It’s another program that only launched today – AlFunds. AlFunds offers three plans with variable weekly returns. Depending on which one you join you can make profits of up to 5%, 6% or 7% weekly. The weekly stats will be displayed on the site so you will see it quite clearly. Your principal is locked for 30 weeks after which it will be returned to your AlFunds account and will be available for withdrawal. If you want to withdraw your funds earlier than 30 weeks it’s possible with a 20% fee. The minimum to deposit into the first plan is $10, into the second one – $1K and into the third one – $10K. The rates seem to be very reasonable and achievable yet attractive. There’s plenty of original texts on the AlFunds website, its minimalist yes stylish layout, a dedicated server from BlackLotus and 256 bits SSL certificate for a high level of protection and an original script that reminded me of GoldCoders. In my opinion, with the right promotion and stable payouts AlFunds could become very popular in the long-term perspective. And I think they are going to promote their program pretty heavily – the first limited in time bonus of 5% are available now for all first-time investors. Also the admin purchased a banner on MNO which will be displayed in a few days together with a more detailed review which is going to be published after the first payout is completed.

Here is the list of the programs that paid me today:
MoneyMakersGroup, Aballong, BritishFinanceGroup, EuroNanoInvest, HighYieldClub, SolidTrader, ArbsTeam, AtoxFinance, CharterInvest, PenninesFunds, WestFinance, TrueEarn, Rags2Richness, SureBetInv, FinitInvest, StaunchFinances, PrivateDiamondClub, ForexNetClub, StarxInvest, ForexPaidMe, MoneyPlus, EzProfit, GoldenInvestment, YesInvestment, DollarTime and FxCrudeOil (the first payment received).

I hope to see you on my blog tomorrow with another review and more news from the industry. Take care guys, and enjoy the rest of your weekend!

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