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

Hi everybody! Hope you’re all enjoying the holiday weekend so far, wherever you are in the world. As long as it’s actually a holiday there that is! Anyway, for my second update today, and before getting to the news, I want to talk about a short to mid term online HYIP that I found recently called MasterTraderClub. And it’s brand new (running for the last three days I think) so your chances of turning a quick profit from it are reasonable. After a bad month all round I’m hopeful that in the coming weeks things will start to pick up around the industry in general, so fingers crossed MasterTraderClub might play some part in that.

There are for plans in total to choose from. As is usually the case the more you want to gamble with the more you are offered in return, but all the plans are pretty simple and straight forward and it will only cost you $10 to join. For that $10, and anything up to a maximum of $300, there is what’s simply referred to as Plan 1. It runs for 20 days and pays you a rate of 2.2% interest every day. That will be a total profit of 44% on top of your initial principal which then gets returned.

For larger investments MasterTraderClub has Plan 2. This will run for 26 days and will pay an increased rate of 2.6% interest per day. The cost of investing here is from a minimum of $301 to a maximum of $500. You should end up with a total return of 67.6% which is profit in addition to the principal which is then returned.

Next, Plan 3 is open to deposits from a minimum of $501 to a maximum of $1000. And if that’s not too rich for you then you can expect a return of 3.3% per day for a term of 30 days. That will give you a total of 99% in profit on top of your principal so it’s almost double your money.

And finally there is Plan 4. This time MasterTraderClub offers you a daily return of 3.9% interest for a term of 40 days. The total profit should therefore be 156% on top of your initial deposit, but has the added benefit of allowing you to break even after 26 days. Which sounds great until you remember what it’s going to cost you. The minimum deposit here needs to be $1001 while the maximum is a cool $50,000.

The selection of payment methods is bit of a letdown to be honest with only LibertyReserve and PerfectMoney being accepted at the moment. That would dampen a lot of people’s enthusiasm I know, given the fact that were you to lose money in this (or any) program they wouldn’t really want to know about it. But on the plus side the admin has gone some way towards compensating for the lack of choice by introducing instant payouts. You’ll still have to request them of course but once you have you should be able to see them in your processor account within seconds. Not that there’s any degree of protection from that alone or anything but it does keep the game a bit more enjoyable while it lasts. And instant payouts never fail to be a popular feature in any program allowing them. One other quick point I’d like to make about the plans is that MasterTraderClub offers you the option of compounding. You can set the rate yourself if you feel the need to risk a little extra for a higher return.

The design of the MasterTraderClub itself is quite basic, nothing too flashy and a bit spartan, but the information you need is contained therein. The program is running off a script licensed from GoldCoders and is hosted on a dedicated server. The hosting provider is CyberCastco, and to be honest it’s a new name to me. Feel free to do your own research on them and satisfy yourself as to their track record, but for now all I can tell you is that they are supporting MasterTraderClub on a dedicated server. They are also using SSL secure encryption. Contacting the admin should you have any questions is done through the e-mail support ticketing form you’ll find on their contacts page. Live Chat is also available, though it’s not a 24 hour service so you’ll only be able to take advantage when the admin (or an assistant) is logged in.

The alleged business activities of MasterTraderClub is that old HYIP chestnut ForEx trading. Make what you want out of that and feel free to contact the admin if you wish to see more solid evidence of it as it isn’t presented on the website. As with every online HYIP however I suggest you skip on the suggestion that your principal is guaranteed in any way. But with the interest rates at a sustainable level and of course the instant payouts, MasterTraderClub might be worth a second look, especially now that it’s so new. Just remember the usual rules about staying safe and not jumping into anything with ridiculous amounts of money. It is after all only $10 to join.

OTHER NEWS FOR TODAY.

Sunday has traditionally been a lazy day for HYIP admins who used to leave all the important updates for Mondays. Provided that today is a holiday for many religions it’s understandable that many admins are not eager to make any announcements to the members who are most likely relaxing themselves today as well.

I will start with one interesting update from InvestProxy which seems to have proved my theory about their direct connection with a very shady payment processor called RoutePay. I’m aware that some bad personalities who already scammed in the past are responsible for that payment processor and would advise you all never to use them due to the high risk. Recently I was contacted by the administration of RoutePay asking me to accept their payment processor and advertise them on my blog. I rejected this offer immediately as I still remember the scandal with AlterGold that closed just after becoming a relatively popular option among HYIPs. I can assure you that MNO will not be promoting some shady payment processor which is a pending scam regardless of how much I was offered for it. I’m simply too hesitant to promote such obvious scams. It seems any such crisis of conscious doesn’t bother the admin of InvestProxy (reviewed here) which is the only program accepting RoutePay and blatantly promoting them at every single opportunity. While a good program in itself InvestProxy seems to be keeping too much money in RoutePay which is not very safe for the program’s future. Now it’s offering an e-currency exchange from your InvestProxy account among different payment processors, however it was emphasized that RoutePay exchanges would be made faster due to huge reserves in this unknown e-currency. I remember that the admin of InvestProxy used to tell me that they have over 80 investors via RoutePay which is an obvious lie as nobody will use an e-currency simply because it’s accepted by one single program. So the most recent newsletter from InvestProxy really makes me wonder about the real agenda surrounding this offer. Here it is for your consideration:
“We wish to inform you that we will be able to swap your payments for you between e-curencies. If for instance you made a withdrawal with AlertPay and want the payment sent to your RoutePay or StrictPay, or the other way round, we will be able to assist you with that provided you inform us before hand your cashout is processed.
Cashouts are processed very fast during the day. During the day, cashouts could be processed between 1 minute and 15 minutes after making the request. During the night, sleeping time, cashout could take up to 4 hours.
In any case, if we processed your cashout before your message gets to us, or before the message is read, you could still contact us to know if we could swap your e-currency. If the direction you want is available, we will swap it one to one without additional fees.
We have a reserve of more than $45,000 in RoutePay most times so we will be able to handle your RoutePay swap anytime to/from any e-currency. Ecumoney is our least used e-currency at the moment. We only have one user at the moment, so we will not to make a swap offer with this.
Others are good.
Have a nice day. Hope you are enjoying the season.
Regards. Admin. InvestProxy.”

The most recent newsletter from PTVPartner (reviewed here) contained little in the way of practical information this time but still quite interesting. Mostly it was a reminder about the upcoming meeting which will be held tomorrow. Other columns include Blog articles of the day and Joke of the day. If you want to read another newsletter from PTVPartner please be ready to scroll down a bit as it’s quite lengthy as usual:
“New Meeting
Monday April 3rd, at 3pm GMT
Blog Articles of the Day:
Health Care Battle Ends; War on Social Security Begins
“Drunk with success over their Health Care bill passing, the Democrats are now lusting after even greater conquests. With the celebratory hangover still aching, the Democrats lurch forward towards a hasty drive to “reform” Social Security.”
How? When? Why? Most of all, What??? Read it here!
Buoyed By Healthcare Victory, Democrats Turn Their Attention To Financial Markets
Do you know where the focus is? Should this be what we need to focus our attention on?
“by Senator Chris Dodd (D-Conn.). The highlights of the bill include the proposal to create the Financial Stability Oversight Council (FSOC) to “identify potential threats to the financial stability of the U.S.” and counteract them. The agency would also have the power to break up a big financial institution that poses a “grave threat to financial stability.”
Do we need another “oversight committee? Why? Have we gotten so used to having a babysitter in the government that we can no longer take responsibility for ourselves? Read here and think about it.
Retirement Savings Tips For 18- To 24-Year-Olds
Good financial habits start early. There are many things that can be taught even before adulthood but what about when you get to be an adult and you really aren’t sure? As a young adult especially we tend to think we’ve got alot of time to plan in the future. Many aren’t aware that early savings patterns will affect them the rest of their lives.
Joke of the Day:
A judge in a semi-small city was hearing a drunk-driving case and the defendant, who had both a record and a reputation for driving under the influence, demanded a jury trial. It was nearly 4 P. M. And getting a jury would take time, so the judge called a recess and went out in the hall looking to impanel anyone available for jury duty. He found a dozen lawyers in the main lobby and told them that they were a jury. The lawyers thought this would be a novel experience and so followed the judge back to the courtroom.
The trial was over in about 10 minutes and it was very clear that the defendant was guilty. The jury went into the jury room, the judge started getting ready to go home, and everyone waited. After nearly three hours, the judge was totally out of patience and sent the bailiff into the jury-room to see what was holding up the verdict.
When the bailiff returned, the judge said, “Well have they got a verdict yet?”
The bailiff shook his head and said, “Verdict? Shoot, they’re still doing nominating speeches for the foreman’s position!
Start the Experience … join PTVPartner and … Free your Life!!!”

It seems that the Verifield Poker Tournament which was planned in conjunction with a leading poker site is being delayed for one day and will take place today instead of yesterday as was announced earlier. Here is the latest news about that taken from Verifield site (reviewed here):
“Verifield Poker Tournament
We are very sorry to inform you that date of Spring Poker Tournament has been moved to 4th April, 2010. Stay tuned for more information. All participants will be informed via email today.”
I remind you that Verifield has been listed on my blog for over a year and is still paying fine on all the offered investment plans (103% in 3 days, 108.4% in 7 days, 139% in 30 days and 196%-208% in 60 days) which makes it one of the long-lasting HYIPs on my monitoring page now.

The admin of IntermedInvestments Terry just sent out a quick note with his best regards to all the members of his program celebrating Easter today:
“Just a quick note to say Happy Easter to our Christian friends around the world.
Enjoy the remainder of your weekend!
Regards, Terry Jameson. IntermedInvestments.”
Quick reminder: IntermedInvestments offers you two main plans (1.25%-1.75% for 100 business days and 7.5%-10% for 20 weeks) and accepts the majority of leading payment processors. More about IntermedInvestments can be read in my detailed review here (please note that the VIP plan has been disabled already).

Unfortunately I have to move another program to Waiting status on my monitoring page today and would not recommend investing due to some complaints received recently from MNO readers about the inaccessibility of their accounts and the total silence from the admin who never replied to them. It seems that the admin of ExceptionalFunds started playing some dirty tricks on the members by disabling their access to accounts and delaying the payouts (especially those who request the principals back). I myself have a pending payout from ExceptionalFunds for over 24 hours already and consider them as Paying selectively. Please be aware of that and hold off from depositing into this program for the time being.

If you’re looking for a new short-term program that just launched today and that is accepting all top five payment processors (LibertyReserve, AlertPay, PerfectMoney, StrictPay and SolidTrustPay) then you should look no further than TrueEarn. The program offers you three investment plans with payouts processed on expiry: 116% after 4 days ($5 minimum to invest), 145% after 10 days ($50 minimum to invest), and 210% after 20 days ($100 minimum to invest). TrueEarn gave me a very good impression after having a closer look at it: it has a 256-bit SSL-certificate for secure connections, is hosted on a dedicated Staminus server by DdosWiz and is using a licensed GoldCoders script. In addition, the layout in general is quite nice and I believe it will attract many new investors in no time. As usual with such short-term games like TrueEarn the best time to join is early enough to secure a possible fast profits. A more detailed review of TrueEarn will be published on my blog tomorrow as I have already received the first referral commissions very fast after making a withdrawal.

Beside TrueEarn today I was paid from the following programs listed on my monitoring page:
Aballong, MoneyPlus, SureBetInv, ArbsTeam, FinitInvest, MyGrandFunds, WaterInvestment, IncoForex, XZFinance, Verifield, ForexNetClub, PrivateDiamondClub, HighYieldClub, Cashift, AvaInvestment, InvestProxy, Xcelsus, WWFD, AtoxFinance, EuroNanoInvest, Eternidex, StereaFunds, GarantMoney, YesInvestment, GoldenInvestment, EzProfit and MasterTraderClub (the first instant payment is received).

I hope you’re celebrating the holidays well and hope to see you on MNO again tomorrow with another review and the most up to date news from anywhere in the HYIP industry!