Hi everyone! It’s been a typically quite day on the news front, being Sunday and all, and I guess the May Day holiday is only contributing to that. Nevertheless I’ve got a few interesting updates for you on the the programs featured on my monitoring page. First though I want to look a bit more closely at on of the latest additions there. It’s called ArbexTraders and it’s a nice looking website offering moderate returns for three long term plans and one mid term one.

Before I get to the plans themselves I should point out that ArbexTraders only has one payout day per month. It’s the same day for everyone. On the first day of every calendar month all the members get paid together, but it doesn’t matter what day you actually joined. You get paid a monthly rebate according to the size of your deposit, but let’s say you join in the middle of the month or at the end of the month your first payout will be proportionately smaller. The following payouts will be for the full amount you are owed though. Your account will be credited with variable profits on a weekly basis but you just won’t be able to withdraw them before the first day of each month.

The first investment plan from ArbexTraders is called The Silver Plan and it looks a bit more like a test plan. Mind you, with a $50 minimum investment (which is a bit steep for a new program) it isn’t going to be a cheap test. For amounts between that and $500 you are offered a profit of up to 20% after a term of one month. I say “up to” 20% because results can vary and are based on the earnings of the ArbexTraders activities. It’s still a very new program so for now it’s impossible to say how close or how often they will hit that target, but that’s the goal. Your principal gets returned in full along with what we hope will be as close to 20% pure profit as they can manage.

The first of the longer term plans, The Gold Plan, runs for a duration of 150 days, or 5 months. During that period you will earn a variable monthly payment of up to 30%, so like the previous option it’s based on the ongoing ArbexTraders performance and figures can fluctuate a bit. Your account gets something credited to it every week and fingers crossed that will come as close as possible to 30% when the time comes to withdrawing it. The minimum investment is $501 and the maximum is $5,000. Your principal is returned on expiry.

Beyond that things get a bit more expensive for the average investor and are for serious players only. $5001 is the minimum investment required to join The Platinum Plan with the maximum set to $20,000. The plan will again run for a term of 150 days/5 months and make monthly payments while crediting your account weekly. The rate of interest is still variable but this time ArbexTraders are hoping to get it to a maximum of 40% per month. Just don’t be disappointed if that’s not achieved as often as you would like it to be. Principal is again returned on expiry.

And finally for information purposes we have The Diamond Plan. I say for information purposes because with prices between $20,001 and a cool million it’s unlikely any readers here will be signing up, but if you’re interested then the plan works exactly like the previous two. The term is still 150 days and for that period you will be paid five monthly payouts that will be variable and may amount to anything up to 50%. Your principal is then returned on expiry.

Slow and steady growth is I think what ArbexTraders are after here, but one thing that may hinder that growth is the choice of payment options. At the present time that’s limited to just LibertyReserve and GlobalDigitalPay and while there’s nothing wrong with either you should remain aware at all times what their policies are in relation to recovering your money in the event of any losses. It’s not going to be done, so on the plus side you may take that as a little encouragement to keep your deposits at a sensible and affordable level. And that of course applies to all online HYIPs.

A couple of other things you might want to know is that compounding is not allowed. Another thing is that a 2% deposit fee is charged to cover the program’s expenses, so remember that when planning your budget.

I do like the approach of offering variable interest payouts though. I know most of you would probably prefer to be getting a fixed amount that you could plan around but in the greater scheme of things this way is more beneficial to the long term stability of the program. And that ultimately means more beneficial to the investors. By refusing to commit himself to paying a fixed amount the admin of ArbexTraders will be able to manage the program’s cash flow much more efficiently. If they have a bad week and the money just isn’t there then he can lower the payments (but still make them!) until the following week when he can once again assess the situation and pay accordingly. And it’s not that unusual a method either. In fact PanaMoney made a great success out of offering something similar and look how long they were able to run for.

On the design and security side of things ArbexTraders is one of the better new websites to come online recently. Many of you may recognize the script they are running off as the same one that was used by GNI, so it works by you first funding your e-wallet and then redirecting your funds to the appropriate plan. The hosting and protection is provided by Dragonara who as you should know by now one of the top and most dependable providers in the business. Expect downtime, if there ever is any at all, to be negligible. The entire site is also SSL encrypted for added security as certified by Comodo. Any contact with the admin can be done by submitting a support ticket on the form provided.

Overall though I’d say a fair bit of work went into the ArbexTraders website and it shows. The texts are all original as far as I can make out and while it may appear complicated to some at first it’s all really well explained and very user friendly. What some may also see as drawbacks, e.g high minimum deposit, relatively low monthly payouts, etc will I hope help keep the growth at a slow but sustainable level. And it is quite secure.

The business and outside investment activities of the program are to be honest a little, well, predictable. A cross between two of the most common claims in the online HYIP business, ArbexTraders claims to be involved with ForEx trading and arbitrage betting. Now, just because one program is claiming to do that (and isn’t) doesn’t mean we should cast aspersions on someone else’s abilities to do it. But as usual there is little in the way of solid evidence. Mind you they do make a decent attempt at explaining what those activities are, but just don’t go far enough in satisfying me that they are indeed genuine.

So on the plus side ArbexTraders is a very well designed and secure HYIP website, and on the down side it’s an expensive one to join with a poor choice of payment processors and only pays you once per month. It won’t be an overnight success but I don’t think it’s meant to be one either. A slow burner and one to keep an eye on for sure, maybe not the best timing for a new long term HYIP, but keep it affordable if you think it’s suitable for yourself.

OTHER NEWS FOR TODAY.

TrueEarn (reviewed here) is really doing well again after its AlertPay issue was successfully resolved its still in full force swing paying for three investment plans on expiry (116% after 4 days, 145% after 10 days, 210% after 20 days) for nearly a month now. TrueEarn is now ranked #1 on MNO monitoring and I sincerely congratulate the admin on this important achievement. Despite all the fast payouts and proper support many investors don’t appreciate the work the admin puts in on a daily basis and even post complaints when their payouts are only 3 hours pending though on the site it says clearly that you should wait up to 24 hours. It seems the investors were spoiled by the usually fast payouts from TrueEarn but the admin Scott (interviewed here) also emphasized that he’s only human and needs to sleep sometime and do other things beside administrating TrueEarn. Scott also encouraged everybody to post their payment proofs on public forums and vote for the program on some top monitors to let it grow further and provide you with the fast payouts for a longer period of time. Well, I can say only one thing – long live TrueEarn! Here is the latest newsletter from the program:
“Dear Members,
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TrueEarn RANKED NO. 1
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I really don’t have words to express my happiness and joy because something really amazing happened this week. TrueEarn has topped the rankings in the top money making news blog and monitor, Money News Online, and it’s not only an achievement of TrueEarn alone, but it’s the achievement of all my members, the whole TrueEarn family. TrueEarn is now ranked #1 in Money News Online. It just took close to 4 weeks for us to reach this milestone, and it just shows how popular we are, with our superb performance. I specially thank all my members for supporting and promoting TrueEarn to achieve this rank. TrueEarn is now the top program in this money making industry, and all those who have joined TrueEarn have made the right decision. More such milestones, in fact, bigger ones, are yet on our way. With the collapse of the big programs recently, most of you have been looking for a good program to invest your money. That’s why TrueEarn is here. Think no further, TrueEarn is your right choice.
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HAPPY NEWS FOR ALERTPAY INVESTORS
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As promised in our last newsletter, the AlertPay issue has been taken care of. The AlertPay authorities have completed the verification process of our account and we have been successfully verified to do business with them. From now on, you can make new deposits with and request for withdrawals to AlertPay as usual.
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GLOBAL DIGITAL PAY WTHDRAWALS
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All Global Digital Pay payments are still on hold. We cannot process those payments as their website, www.globaldigitalpay.com, has been undergoing some kind of maintenance for over a week now. All Global Digital Pay withdrawals will be processed as soon as their website completes the maintenance process and becomes available again.
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CREATION OF MULTIPLE ACCOUNTS
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I would like to remind you all once again, that creation of multiple accounts to earn referral commissions, or for any other purpose, will not be tolerated under any circumstances, and all such accounts will be suspended without any prior notice. I really don’t understand what is the need to create multiple accounts, when we are offering good returns. Please do keep in mind that you can have only one account.
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POSTING PAYMENT PROOFS IN FORUMS
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In my last newsletter, I mentioned about posting your payment proofs in forums, but I haven’t seen much response yet. I really don’t know what is holding my members back from posting their payment proofs in forums. I’m processing hundreds of withdrawals every day, most of which are over $500, but I see only a very few of my members posting their payment proofs in forums, when compared to the withdrawals I’m processing daily.
It’s crazy if you say that you’ll post only when we make an announcement like, “We are giving out $5 or $10 for each payment proof you make in the forums”. I know there will be a lot of members coming daily to post their payment proofs, if I make an announcement like that, but that’s real crazy, because do you mean we should give added incentives for posting your payment proofs in forums, in addition to the fast payments and high quality support we offer? Can’t my members thank us for the efforts we are putting in to keep TrueEarn at the top with consistent fast payments, by supporting us and posting their payment proofs in forums? It will not only help TrueEarn to grow, but also you. Always remember we are a family. I’m not forcing anyone to post your payment proofs in forums, but I expect to see the rest of you posting your payment proofs in forums after you read this. It’s my humble request.
Links to the forums are given below.
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
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PAYMENT PROOFS OF OVER $2000
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Of course, I specially thank all my members who have reported their payments, both big and small, in the forums. You can see the payment proofs of over $2000 in the forums. Those who would like to have a look can follow the below links
Payment proofs of over $2000 in MoneyMakerGroup Forum:
http://www.moneymakergroup.com/index.php?s=&showtopic=343211&view=findpost&p=5991100
http://www.moneymakergroup.com/True-Earn-Truearncom-t343211.html&st=285&p=5999457#entry5999457
Payment proofs of over $2000 in TalkGold Forum :
http://www.talkgold.com/forum/showpost.php?p=3676651&postcount=243
http://www.talkgold.com/forum/showpost.php?p=3687168&postcount=279
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WITHDRAWAL REQUEST REMINDER
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Please keep in mind that all payments will be processed within 24 hours, after you give the withdrawal request. When we say 24 hours, you have to wait for 24 hours, before shouting out, pending. Usually, payments are processed within 1 minute to 2 hours, but you’ll have to give me a maximum of 24 hours, because I too have a life to live. I too need to have some rest and sleep. Recently, one of my members posted in the forums that his payment was pending for 3 hours. Yes, just 3 hours. He submitted the withdrawal request right after I went to sleep. Do you mean I shouldn’t sleep? I do have a partner with me but he takes care of only the support queries. I’m the one who makes the payments. I guess I have ruined you with the fast payments such that it has come to the situation that you cannot wait for at least an hour. Once again I’m stressing it, please wait for 24 hours for your payment, after you submit the withdrawal request. Usually payments are made within 1 minute – 2 hours, but can take anywhere between 0 – 24 hours, if I’m not online. It’s already given in the FAQs.
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VOTING FOR TrueEarn IN MONITORS
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I would also like to remind you to please vote for TrueEarn after you receive your payments from us, in the monitors given below.
GoldPoll – http://www.goldpoll.net/details/15097/
HYIP Explorer – http://www.hyipexplorer.com/true_earn_2582/
GS Monitor – http://gsmonitor.org/details/2714/
More exciting stuffs such as referral contests and promotions are on the way.
I wish you all a wonderful day with your beloved ones.
Regards, Scott. TrueEarn Manager”.

I’m going to send some interview questions to the admin of ChokoMoney Chris tonight as he requested an interview from me. Probably the interview will be published on MNO on Tuesday when the first payouts on expiry from the only plan offered by ChokoMoney – 135% after 7 days – should have been processed already. In the latest newsletter Chris quite bluntly pointed out the important things on condition of which ChokoMoney will be able to continue its successful payouts for a long time. So what are those things? Reinvesting, posting payment proofs on public forums, voting on the monitors and promoting the program in any possible legal way. That’s what will bring the success to any short-term program and ChokoMoney is no an exception. I will always try to support ChokoMoney on MNO by publishing the interview and let people know about them. I hope the admin will meet my high expectations of this program and keep it going for a long time. Please do not forget that money and chocolate is the theme of ChokoMoney‘s creativity contest which is currently running and where you have a chance to express yourself by posting photos on forums containing two important things (at least for me) – money and chocolate. Let’s have some fun and enjoy tomorrow’s first payouts, guys! Here is the latest from ChokoMoney (reviewed here):
“Dear members, Tomorrow (Monday) is the first payday ever of ChokoMoney. It is the day the first deposits expire and I am looking forward to seeing the tremendous increase in the growth rate after that day. So far ChokoMoney attracted 665 members and almost $83k in deposits in just 6 days, it means the daily growth average is $10-15k daily which is totally amazing as the first payouts on expiry haven’t yet commenced. I’m sure it will get much stronger starting from tomorrow so I can officially declare that tomorrow marks the beginning of ChokoMoney and everyday will be a payday. I’m hoping for the very best from each member’s support and am looking forward for a very long and successful journey for everyone of us. Nobody can deny that the potential of ChokoMoney is enormous and it can become the most profitable program in 2010 and we all must work very hard starting from tomorrow to make this happen and achieve this!
I expect EVERY member that gets paid from ChokoMoney to support the program by:
1) Reinvesting – As I said in the previous newsletters I sent, ChokoMoney main goal is to show the HYIP industry that with enormous members’ support and a honest admin that doesn’t have any bad intentions in running a program, the program can reach heights and become very profitable and enjoyable for everyone in the long haul. Reinvesting is extremely significant for the program’s health growth so that it can be sustainable for a very long period of time. I would like to say that again, ChokoMoney is not here for hit & runners or to members who takes advantage of the program’s enormous potential and therefore ask me to increase the total maximum deposit amount so they can make big profits to themselves and then leave. ChokoMoney relies on members’ support and everyone working together here as a teamwork to make everyday stronger and better from the day before both in terms of deposits and members’ support.
2) Posting your payment proofs on the forums – it’s a MUST to post payment proofs on the forums as it is an integral part of the program’s success. Let everyone know that ChokoMoney is ALWAYS PAYING! I expect each member to post his payment proofs from ChokoMoney AT LEAST on 2 of the following forums :
http://www.moneymakergroup.com/Chokomoney-Chokomoneyc-t346444.html
http://www.talkgold.com/forum/r291222-.html
http://www.dreamteammoney.com/index.php?showtopic=97655
http://www.italkmoney.com/index.php?/topic/1390-chokomoney-chokomoneycom/
In order to motivate ALL the members who get paid from ChokoMoney to post their payment proofs on the forums even further, I decided that in this coming week I will choose 5 payment proofs out of all the payment proofs that will be posted on the forums and each one of the 5 member’s who posted that payment proof I chose will be given a cash prize of $5.
3) Voting for ChokoMoney on the monitors – after you get paid from ChokoMoney, it is EXTREMELY significant that you vote for the program on the monitors on the “Rate us” page. This is your way for feedbacking and also showing everyone that ChokoMoney is paying consistently. The more monitors you vote for the program on, the better is the program’s rating and performance in this industry! For those who don’t know, this is the link for the monitors page: http://www.chokomoney.com/rateus.php
4) Promoting, advertising, and telling ALL your friends about ChokoMoney – please let all your friends know that you got paid from ChokoMoney and also tell them about it, share your experience with it with them and show them how many members are happy with the success and performance of the program. I also have one additional request to many of the blog / forum owners that send me thousands of emails everyday begging me to advertise in their blog / forum. I will NOT do what other admins do and that is using members’ funds for advertising and promoting their program. This act causes for cashflow problems in the future and such thing will never be done with ChokoMoney. The program has received so much exposure in these 6 days alone, and already got 20k unique visitors daily (see here) that I STRONGLY believe that it can keep it up this way and grow gradually as members support the program in all the ways I mentioned above.
I would also like to remind you that ChokoMoney Creativity Contest is still going on and will end on Tuesday. In order to participate in this contest you should make a creation of something which shows a combination of chocolate & money (it can be anything that pops up in your mind), then photograph and upload it in the forums I mentioned above. I will announce on the winner on Tuesday (it’s the one who uploaded the creation which I liked the most) and also let everyone know the prize he received, which is gonna make him extremely happy for sure!
Ok I guess that’s all for now!
Regards, Chris”.

One more program paid me on expiry today from their 111% after 3 days plan was OneStepMoney (reviewed here). Due to the first payouts having been processed from OneStepMoney I requested the admin to answer my questions for the interview which hopefully will be published on my blog soon. Yes, if you are wondering OneStepMoney also has two other more profitable plans which pay 144% after 9 days and 200% after 18 days and payments from which I will be hopefully reporting on my blog soon as well.

Well, I received the interview back from Brent, the admin of StaunchFinances today. His program is really unique and deserves some good exposure on MNO. StaunchFinances (reviewed here) is the only program combining two plans (short-term 120% after 6 business days with the longer-term 2.5% for 56 business days) in one. This is really a unique feature and hopefully Brent will share the secret behind StaunchFinances’ success as well as his experience as an admin of another program he ran in the past. So stay tuned for the interview with the the admin of StaunchFinances on MNO tomorrow!

Surprisingly the admin of RedOrchidInvest (interviewed here) which has been a very stable performer for a long time has opened a casino site. The profits of this might be a good outside source of income for the program. You can check out the casino site by clicking on the link on the RedOrchidInvest website. By the way, please do not forget to check out the plans offered by RedOrchidInvest by referring to my detailed review of the program published on MNO here. This is the latest news I received from them today:
“Humans not only live from work, that’s the reason we prepared for you some entertainment. You can play for free, just for fun, in our casino, but if you like to try your luck, you can also play for real money. Our casino processes deposits and also withdrawals with LR, PM, and deposits direct from RedOrchidInvest balance. The Casino is fully functional, we are just working on some graphics and texts. We wish you a lot of fun and good luck. RedOrchidInvest Team”.

It’s sad but true that GlobalDigitalPay seems not to have learned anything from the previous downtime and the site has been up and down for the last two days due to continuous DdoS-attacks on their servers. I think without tightening up their security GlobalDigitalPay can forget about their dreams of becoming a significant payment processor as it won’t be able to compete with such giants like LibertyReserve and PerfectMoney. In my opinion, at this moment it’s not wise to keep much money in GlobalDigitalPay therefore I exchanged all my funds there via xChanger to a more stable payment processor. If you’re concerned about the safety of your funds in GlobalDigitalPay you can do the same by exchanging your GDP funds to any e-currency via xChanger or another established exchanging site. Please remember that I’m not against GlobalDigitalPay in any way but in this tight and sometimes unfair war between payment processors for investors’ attention everybody should think of themselves and the safety of their funds. Unfortunately it’s obvious now that GlobalDigitalPay failed and could not cope with all the recent issues meaning their popularity will decrease significantly during the next weeks.

Six days in May were announced as non-trading days by the administration of the highly successful IncoForex (interviewed here) offering daily variable returns based on the results of their ForEx trading since August 2009. The list of the holidays was published on their website so you can see when your profit will not be credited. Withdrawals however will be processed instantly as usual. Here is the latest from IncoForex (reviewed here):
“Non-trading days
Dear customers! We have non-trading days on
May 3 2010 May Bank Holiday in GB
May 4 2010 Greenery Day in JP
May 5 2010 Children’s Day in JP
May 13 2010 Ascension Day in CH
May 24 2010 Victoria Day in CA
May 31 2010 Memorial Day in US
Deposits and Withdrawals will be processed as usual instantly on these days.”

The search for diamonds in Africa continues! It’s not the plot of another Hollywood thriller but rather the work of an HYIP called PrivateDiamondClub (reviewed here). From the moment I was introduced to this program I was fascinated by these adventures in Africa that were even shown on YouTube and am always impatient to receive the follow-ups to this story. Anyway, the second journey for trading diamonds will be starting soon during which the new sign-ups will be disabled until the admin returns from his journey. Well, I will be looking forward to another YouTube video and another fascinating story after all this ends. Join PrivateDiamondClub for yourself and experience all the thrill of trading diamonds in an unpredictable African climate! The program is currently paying on three investment plans: 1% for 120-365 days (principal included), 5.5% for 12-24 weeks (principal back), 26% for 6-12 months (principal back). However after the admin returns from his second business trip he promised to change the plans. MNO will keep you updated about this of course, so stay tuned, guys! Here is the latest news from PrivateDiamondClub:
“It is the 1st of May. I know my last news update was on the 16th but I was very busy as always. But here the long awaited news update. I have 2 major points in my news today. One about our next trading journey and one general online news update.
My First Point – The PrivateDiamondClub starts its next trading journey
I am happy to inform you that our next trading journey starts on the 4th of May!
The journey was planned by our head of trading since 2 month and will take place in in the Central African Republic (C.A.R.). This time our head of trading will travel together with 3 partners. He decided to fly with 2 diamond experts. Again our main diamond expert, who also took part on our last trading journey, and a second diamond export, who works normally for a company in Botswana. He is a long term friend of our head of trading and will just stay 2 – 3 days to check the rough gemstones with a different new method. The 3rd member of the team is a trusted friend (a well known General in the C.A.R.) who will secure the trade. Our main partner, the one who will sell us the “product”, is not owning his own diamond fields but in the last 3 years we worked 4 times with him. He use to work for the Central African Diamond Company and had a position in the local Government. He is known for his contacts and always delivered in time. Our head of trading will meet him near the town of Bria. The C.A.R. has less resources than Congo but it is known in terms of quality diamonds. Due to the lack of control of the diamond industry in the C.A.R. the journey requires less paperwork than trades in Congo. But to make sure we get the needed quantity and the best quality to make the profit we are looking for, a higher amount is needed for the trade. It is a cash deal worth almost US$350 k. The team is bigger, the chartered plane is bigger and as a result the total expenses are higher. This time our head of trading will leave his video camera in the office, with US$ 350000 in cash we don’t take any risk.
The PrivateDiamondClub video from our trading journey is still online. Just click here and you will be directed to YouTube to watch the video. It is still in low quality because I had no time to push the editor and forgot about it. But he said it is ready and I hope it will be uploaded soon.
My Second Point – General News
Again, all StrictPay deposit’s are added manual. Our admin solved the problem first but after some complains we decided to add all SP deposits manual again.
We had problems with our phone line but this issue is fixed.
Last time we had some members who misunderstood our decision to close the doors for new members during a journey. It will be the same this journey. When I am sure the diamond trade was a success we open our doors again. I just like to point that out because this does not mean we are going private. I never said we will stop accepting new members.
I will make a change in our daily investment plan after the journey. But for existing members, who are already invested in the daily plan, nothing will change.
I am back with the a short update as soon as the trading journey starts. Thanks to all PrivateDiamondClub members and followers for the support. We also welcome new members to join our club or to visit us!
Your Lars von Oldberg”.

The site of DorealCapital was unavailable today due to the suspension of their account by their hosting provider for some reason. Now I can see the following message on what used to be DorealCapital site:
“Dear clients! DorealCapital website will be unavailable till Monday night (GMT). We are moving the website to another hosting provider.”
Hopefully DorealCapital will be back online soon. I will keep you updated on this!

The programs that paid me today are the following:
OneStepMoney, SupremeFinances, RedOrchidInvest, ArbsTeam, ChokoMoney, InvestAward, TrueEarn, BetExpect, InvestBand, BritishFinanceGroup, StaunchFinances, FinitInvest, EuroNanoInvest, NanoVenture, ForexNetClub, DollarTime, IncoForex, Xcelsus, StarxInvest, YesInvestment, GoldenInvestment, EzProfit, XoboFinance, PrivateDiamondClub and GroupUniversal (the first payment received).

Some short news from MNO to finish today’s news. I’m working hard on my forum now and the second attempt to launch it will be happening pretty soon. The voting in the poll regarding the strict or light approach to HYIP scamming is extended for one more day and the results will be concluded tomorrow. Also this will be the last 24 hours when you can submit your questions for PerfectMoney administration.

Don’t forget to check out my blog tomorrow for an interesting interview with the admin of StaunchFinances Brent and the review of the brand-new program NanoVenture. See you tomorrow, guys!