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

Hi guys! Hope you all had a good weekend and are looking forward to the week ahead. For the first new review of the week I want to take a look at a recently launched short term HYIP with the slightly Italian sounding name of Cizaro. It’s a low rate of interest program that makes daily payments before returning your principal on expiry. Cizaro has been running for just under a week so none of the members are in profit just yet but make sure to keep an eye on MNO and I’ll let you know as soon as that happens.

There’s three plans for you to look at here but basically there all identical. The only real difference in any of them is that the more you spend the higher the interest rate they pay gets. The first of them is called Ciza1 and is open to deposits starting from a minimum of $10 and up to a maximum of $100. In return for that Cizaro offers a daily payment of 1.3% interest over a term of 14 calendar days. That all adds up to 18.2% which can then be considered as pure profit once your principal gets returned.

If you’d like a bigger gamble then take a look at Ciza2. The plan still runs for 14 calendar days but this time Cizaro is paying out 1.5% interest per day on larger deposits that start from a minimum of $101 and go to a maximum of $500. Over 14 days that will add up to a total of 21%, and your principal is then returned.

And finally for the big spenders we have Ciza3. This one will cost you a minimum deposit of $501 to join so think carefully. Again it’s a 14 calendar day plan that makes daily interest payments, this time of 2%. That means you would finish the term with a total of 28% in profits once your principal gets returned. Maximum spend is $5,000.

It’s no secret that there’s a lot of caution in the air concerning the industry right now so the use of a couple of payment processors that require a verification process will ease a lot of investor’s worries and won’t do any harm to Cizaro‘s chances of popularity either. In fact the list of payment processors that they do accept is excellent with all the most popular ones being taken. The list includes AlertPay, LibertyReserve, PerfectMoney, SolidTrustPay, and StrictPay. Payments are made manually so you will have to request them. The admin requires you to allow him up to 24 hours to get it processed. Minimum withdrawal is $1.

The security of the program is up to a decent enough standard with Koddos being the hosting provider and are keeping Cizaro on a dedicated Staminus server with protection from DDoS attacks. The script is licensed from GoldCoders and the website has added protection with SSL encryption. The design of the website itself isn’t great though. I mean it looks nice but black texts on a dark blue background makes most of it extremely difficult to read. Maybe the admin will fix it, but I’ve given you most of the practical information you’ll need to get started with them anyway.

Contact with the admin can be made through submitting a support ticket or else through Live Chat. However that particular service doesn’t work at the time of writing because when I tried it I got the message:
“Message cannot be sent to the Online Support because the email address was not specified by this Live Support account administrator. Please try contacting this company directly by the email address or phone number you may find on the company web site.”
So that’s something else the admin may wish to look into. Cizaro also have a postal address in Cyprus, but whether or not that’s just a hosted “virtual” office (which I suspect) is not clearly stated. As well as the street address there is also a P.O box number (not sure why you’d need both) and an e-mail address that you can contact directly.

Cizaro is claiming to be a registered company in Cyprus (which may very well be true) and claim to be a private investment company. However the texts are copied directly from another source so I would immediately dismiss the second claim. And as the first claim guarantees you nothing anyway, then continue treating them like any other online HYIP. Which I hope you were all doing anyway! But the returns are low enough to be sustained for a good number of cycles provided the right support for the program is out there and provided the admin knows what he’s doing. He came across as pretty confident to me about that by the way. I think next week when Cizaro is due to start returning the first principals to the early investors will really be the make or break point (stay tuned for that), but all I can say is that up until now they have been consistent with the daily payments so no complaints there.

OTHER NEWS FOR TODAY.

The admin of ChokoMoney Chris (interviewed here) announced the winners of the first referral contest held by him. I’m glad to report that MNO was one of the three winners though I only came second (my sincere congratulations to the winner of the contest!) it’s still a good achievement for me as I started promoting the program only on the second day online. It just proves again how efficient advertising on MNO might be on condition that the program meets the criteria of a quality program with a proactive admin running it. After two weeks online ChokoMoney is still paying to all members from one single plan – 135% after 7 days. The payouts are usually processed quite fast resulting in a high level of reinvestments and more members joining ChokoMoney on a daily basis. At the time of writing ChokoMoney had 1630 members who deposited over $346K in total which is a very good achievement in itself. If you promoted the program hard but didn’t win the main prizes please don’t despair as the second contest starts now and finishes on May, 20. The good thing is that the winners of the first contest will be excluded from participation in the second one so you all will have a better chance to win. The four winners will get $250 to the payment processor of their choice. So get to work promoting ChokoMoney (reviewed here) for the chance to win such great prizes! Here is the latest news from the program:
“Dear members, I hereby announce the winners of ChokoMoney First Referral Contest which ended today, May 10th. The best referrer is topnotcher, member ID #7, with 205 referrals in his downline. The second place goes to Paul Abramson (Money-News-Online Admin) who got 201 referrals in his downline. And the third place goes to Orchard, with 198 referrals in his downline. Warmest congratulations to the winners!
The second referral contest of ChokoMoney begins! The contest starts from today, May 10th, and ends on May 20th. This time there will be 4 winners (those who won in the first referral contest aren’t included in the list of participants, of course) and each one of the 4 winners will receive $250 directly to the payment processor he wishes to receive it. I hope many members will participate and help ChokoMoney grow and expand to make it sustainable for the longest time possible.
Regards, Chris”.

The admin of MetalCommerce program which was reviewed on MNO just a couple of days ago (read it here) sent out his first newsletter. In it he updated us on the recent stats and the program’s growth, reminded that the payouts would not be processed on at weekends (although you might’ve noticed that the daily plans pay 1.4% for 15 business days and 1.6% for 30 business days with the principal back on expiry), announced the coming payouts for members who invested in the 12% weekly for 12 weeks plan and gave some fresh news about metal trading. You might not believe the full story but one thing is for sure – MetalCommerce had quite a good start and is paying fine so far. Let’s hope it will continue for a long time. Here is the whole update from them:
“First and foremost, I want to say a big that you for joining MetalCommerce. I am quite aware that there are a lot of other programs out there but you chose to join MetalCommerce. because you believe in the long-term sustainability of this project.
As at our last count, MetalCommerce has 310 members in 6 days and still counting. We have an average of 3400 visits per day and I think it is a very encouraging traffic flow. MetalCommerce is growing larger by the day and waxing stronger. Those who know how investment strategy works know that this is the best time to join a program of this nature because at the end of the day, you will have the cause to smile to your bank account.
The key to being successful in any program is to upgrade, earn and refer. So if you haven’t upgraded yet please do so as soon as possible.
Just to remind you, MetalCommerce do not process payments Saturdays and Sundays. This is clearly stated on our FAQ section for all members to read.
Daily payments will resume on Monday as our accounts department will resume payments tomorrow.
Only yesterday, MetalCommerce was reviewed on a leading online investment blog mno (moneynews-online). You can find the link to the review here.
Our trading for the past five days has been very encouraging. There have been upward and down-ward trend of events as this is synonymous with precious metal trading. Gold has appreciated and declined. Same thing with silver and other metals we trade on, but on the whole, we have been in appreciable profit that can sustain our payment plans. Already, we have a good number of upgrade as more than half of our members have made various deposits ranging from $10 to $1000. The prospect is bright, the future is certain and MetalCommerce is growing steadily.
For those who invested on our weekly Gold payment plan, first payment will commence tomorrow. This means our accounts dept. have a lot of payments to make. Be rest assured that you will be paid promptly.
Next weekly, we will introduce a contest that will pay you guys some extra income. Presently, we are working on that plan, as soon as it is ready we will announce to members.
Once again, thank you for making MetalCommerce work.
Bill Howard. MetalCommerce Admin”.

The program that was just announced on my blog last night and that will be reviewed tomorrow – SmartMoneyInv – also sent out the first newsletter today. Even before the review is published I’d like to remind you that SmartMoneyInv accepts LibertyReserve, PerfectMoney, StrictPay and AlertPay to three investment plans with the principal returned on expiry: 1.5% for 10 calendar days, 2% for 20 business days and 2.5% for 40 business days. The first payouts are being processed instantly and the admin apparently has some great plans for the future expecting about 2,000 members to join SmartMoneyInv within the course of the next few months. There were some topics covered in that first newsletter including: the investment bonus of 5% to 10%, purchasing Sticky topics on the top forums, support questions and the first ever contest the rules of which are outlined at the end of it. I’m republishing the newsletter in full below:
“First of all I would like to say congratulations to our top referrals for making this a successful opportunity thus far. You continued efforts will pay off with many upcoming contests. See the last paragraph for our FIRST contest today!
During the past 6-12 hours our site experienced a bit of downtime, which was apparently a ddos attack. Our ddos protection team, Dragonara.net was able to subside the attack and all is fine and working again.
If you haven’t already made your first investment, now is the best time to secure your earning and profit. You are among our first investors, and guaranteed a return. Within a short time we expect over 2,000 members, and we are on track to hit our goal. Our system deposits are growing faster and our first investments should begin sometime this week.
We expect this rate of growth to continue for at least the next few months. Our capital has grown tremendously, and we are here to see that each investor gets their fair share into profit. We are nothing like many of the past investment sites which were designed to run off quick. Our plans from the beginning was to offer a stable and secure earning platform for the long term, and I think we have succeeded with SmartMoneyInv.
We’ve experienced almost no errors or major problems since the launch of our site, and this 99% uptime will continue in the following weeks and months. Each payment processor is working instantly for both deposits and withdrawals.
Remember, for a short time, deposits in excess of $500 qualifies for a 5% deposit bonus now and deposits in excess of $1500 also qualifies for 10% deposit bonus. Join our vip team today and enjoy increased earnings with exclusive updates on our status.
In other news, look out for an exclusive review by money-news-online.com scheduled tomorrow, Tuesday, May 11 2010.
We’ve just purchased a sticky for mmg as well, with tg and dtm stickys coming soon. You may view our active thread here:
http://www.moneymakergroup.com/Smart-Money-Investment-t347109.html
If you ever have any questions, please do not hesitate to contact us via live chat, phone, or support form.
For live support, the link is located along the left side of our site.
For Phone support contact us during 9am – 5pm GMT -7 at +507 836 6015
For support form http://www.smartmoneyinv.com/?a=support
SmartMoneyInv FIRST CONTEST
Our support team would like to hear what you have to say about SmartMoneyInv. Please reply to this email with any suggestions or comments on how to make our investment a better opportunity for all. Your comment could earn you a reward $20. There will be 3 winners. Bonuses will be paid within the next 24 hours.
Regards, Paul – SmartMoneyInv”.

Apparently the mass email system from Brent, the admin of StaunchFinances (interviewed here) is back to normal enabling us to receive the first pre-update this week. In this email the admin of this very unique program where your deposits go into both short-term and long-term plans (read more about this feature in my review here) mentioned some nice surprises that are going to be revealed in the next newsletter and that will be connected with the celebration of the first month online for StaunchFinances which is going to be celebrated on May, 21st. Here is the whole update for your attention:
“Dear members, Let me just say that ‘It’s good to be back!’. As you may have known, our mass email feature was blocked by gmail (can’t send nor receive emails) and now I believe we have found a solution. And since our programmer was gone for the weekend, the modifications wasn’t done until a few minutes ago.
I will send out some exciting news on a formal newsletter update later on. Just so you know, we are closing in on our 1st month anniversary (May 21st) and we have some pretty awesome surprises for all of you to celebrate that occasion.
Thank you very much and continue supporting our site and posting your payment proofs on the different forums. I will be back later!
Have a great week everyone! Brent”.

The admin of ArbexTraders (reviewed here) made public some trading stats proving their trading activities. Well, I’m not an expert in this but you might want to take a look if you’re interested:
“Hello all AT members, we are very pleased to announce that we publish from today all our trades on MT4Stats.
You can find the link on our Home Page or by clicking here.
Have a great week and we will talk to you soon.
Jeremy and John!”

Unfortunately the pattern of very short-lived HYIPs which sometimes can’t go past the first cycle is continuing. The latest scam is SupremeFinances the admin of which never even paid for the first payouts from the 10 days on expiry plan. To my request sent to him today he replied that he didn’t mind me moving his program to Scam straight away and blamed the members for not supporting his program much! Well, what can I say? The admins are fully responsible for the created programs and if they really expect that everybody will rush to give them their money simply because they made a program which was not such good quality in the first place they are totally mistaken. In this cold climate only programs with a twist like StaunchFinances for instance or such short-term programs with dedicated admins like TrueEarn and ChokoMoney can succeed. But it requires a lot of work and it’s naïve to try and compete with highly successful programs if you don’t have a good marketing plan in mind that will help you differentiate your program from hundreds of similar ones. Anyway, such awful admins like the one from SupremeFinances don’t deserve any attention from my side as they are just low-life scammers who care about nothing but the thickness of their wallet.

I received some complaints today for two more programs which are probably starting to pay selectively now. They are ArbsTeam and InvestBand. If ArbsTeam has been online for 50 days InvestBand seems to become another short-lived scam which many (including me) considered to be very promising. ArbsTeam is still paying to some investors but I received two complaints from readers about stopping the payments to them for some reason and I’m currently waiting for some response from the admin regarding that. If I don’t get any reply or confirmation about the payments from my readers then ArbsTeam will be moved to Problem status on MNO. As for InvestBand I have already seen multiple complaints on forums and some people stated that their withdrawal requests were not paid for 48 hours already. I consider these messages as a very bad sign so InvestBand‘s status will probably be changed to Waiting as well in a few hours. Anyway, further investments in both ArbsTeam and InvestBand are not recommended at the moment. I will let you know on my blog if there will be some positive changes regarding them in the near future.

For the last 24 hours I was paid from the following programs monitored by MNO:
ForexNetClub, Cizaro, PrivateDiamondClub, ChokoMoney, DubaiFinances, OneStepMoney, AlphaMoney, SmartMoneyInv, BetExpekt, AlFunds, ArbsTeam, TrueEarn, MetalCommerce, DynFxTrade, StaunchFinances, RogerVille, NanoVenture, DorealCapital, EnergyMoneyFund, YingYangInvestment, YesInvestment, GoldenInvestment, GroupUniversal, EzProfit and MasterFunds (the first payment is received).

MasterFunds is the newest addition to MNO monitoring and I managed to receive my first payment from the program already. The good thing about MasterFunds is that the payouts are processed automatically to your LibertyReserve account so you don’t have to request them at all. Your interest will be paid to your LR account automatically at 0.00 GMT every day. MasterFunds will pay you 15%-30% every day for 15 days. After that your investment will expire and you will not get your principal back. The minimum to invest is very affordable to everybody at only $1. Unfortunately only LibertyReserve is accepted but the admin promised to add PerfectMoney pretty soon. The complication of the process of adding more payment processors is in the script mainly which is custom made so all the changes should be compliant with the payment processor’s API. MasterFunds is hosted on a dedicated server and DDoS-protection is provided by BlackLotus. The admin is quite active on live chat and forums, providing and adding new features on request. There is the total amount of deposits made shown on the main page and the figure is updated once daily. So overall, MasterFunds is quite a nice-looking program and if not for the limited choice of just one payment processor it could become a hit. It’s still new as well as MasterFunds just launched on the 5th of May. More on that will be discussed in the upcoming review on MNO on Wednesday. Stay tuned for that, guys!

That’s it for today and I hope today’s newsletter had something of interest to you. Please check back tomorrow for another review and all the latest news from the HYIP industry! See you then, guys!