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

Hi everyone! Before we get to the day’s news theres one medium term program that I came across for the first time recently and I must say they left feeling very intrigued if not downright puzzled. It’s called OnyxInvClub and guess how long they’ve been running? Since the start of last September! I was a bit puzzled you see because I had never heard of them before. Of course there’s hundreds of others out there I haven’t heard of either, but one that’s supposedly paying their members for almost nine months? I’m sure I would have come across their name at least once. But once I looked into it a bit further I became aware that the main reason behind the longevity of OnyxInvClub is the fact that I don’t believe they have gotten more than a handful of members into and out of the program for the time it’s been online. So I guess the admin has finally decided it’s make or break time and to either do some proper promotion or else forget about it.

Despite running since last September OnyxInvClub has next to no advertising and almost no forum activity whatsoever. The thread on MMG for instance carries one single reply to the programs announcement. It fares little better elsewhere with full pages occupied by payment notifications put there from just one single monitor and nothing from real investors. Basically the point I’m trying to make here is that in this case the longevity of the program is not an indication of any real success. But if the admin wants to make an effort to get his program well known, then who am I to argue? I just wish he did it last year.

So what are OnyxInvClub trying to sell us here? Well, they’ve got two medium term investment plans, one of which pays you by the day and another that pays you on expiry. For the first one the term runs for 40 business days (8 weeks) and is open to deposits starting from a minimum of $10. There is no maximum. During the course of the plan you will be paid a variable interest rate depending on the size of your deposit five days per week, Monday through Friday. Your deposit is counted as part of your payments. The rates are 3.5% on $10 to $2000, 4% on $2001 to $7000, 4.5% on $7001 to $15,000, and the maximum rate of 5% on everything above that.

The second plan is also open to deposits starting from a minimum of $10 with no maximum. The term is also 40 business days, but this time OnyxInvClub only pays you once on expiry. The payments are again based on the size of your initial deposit which is already counted as part of it. The interest rates are as follows:
160% for $200 to $2,000, 180% for $2001 to $7000, 200% for $7001 to $15,000, and the maximum return of 220% on any deposits larger than that.

Now, it’s easy to say that had you joined OnyxInvClub last September you could easily have doubled your money several times since, because clearly they have completed a lot of cycles. But the enigma that is this program means that I honestly can not say that one single investor has tried. Other than monitors that is. I’m sure the admin could give you some statistics if you asked him, but then again he can give you any figures he likes. I’m just saying that I can’t verify it and can find no evidence of it on the forums.

But if you care to take a chance on it then the payment methods include LibertyReserve, PerfectMoney, and StrictPay. Standard fare for online HYIPs really but given the problems withdrawing from StrictPay at the moment your options are a bit more limited. And of course you know the refunds policy with those processors is non-existent so stick with smaller amounts you can afford to lose. Payments are made manually and the admin asks to allow up to 24 hours to have it processed.

OnyxInvClub is running of a script licensed from GoldCoders. They are hosted on a dedicated server, though I can’t really comment on the reliability of the provider as I’ve not come across them before. They’re called Gogax and while there is one other site hosted on the server, it just redirects you to OnyxInvClub itself. You can contact the admin through the e-mail support ticketing system on the contacts page. SSL encryption is not supported.

As for the business plan behind the program, OnyxInvClub says it’s mostly based on ForEx, seemingly every HYIP admin’s favorite pastime. I’d avoid putting too much emphasis on that though. I mean if I believed you could earn a 5% in a day from trading foreign currencies I’d be doing it myself, wouldn’t I? But this is definitely a difficult program to call and I’ll be keeping a closer eye on it over the future. I know it sounds a bit odd to say that a program that’s been running for almost nine months isn’t anything other than a massive success but the fact is all I can see so far is inaction and inactivity. It’ll be interesting to watch how he performs and what he does next to turn things around if he’s serious because at the rate programs are collapsing anything could happen.

OTHER NEWS FOR TODAY.

Ok, starting with something good today. TopEarnClub (reviewed here) has successfully survived the first round of payouts from 135% after 7 days plan and looking at the current state of things in the HYIP Industry it seems like almost a miracle, lol. Perhaps the growth of TopEarnClub was more gradual as most of the members definitely invested into the reduced risk plan with 18% daily payouts for 7 days. I think it’s time for the admin to step forward and offer some kind of promotion to extend the program’s lifecycle and attract more interest in it. So the traditional bonuses have been offered but unlike other programs the admin got more creative and the bonuses will be only paid to the members who vote on forums after receiving the payout. By the way, the bonus is offered on withdrawals and not deposits as usual so you have a perfect chance to receive up to 15% on top of your already earned profit just for voting. The minimum amount of the bonus you can earn is $1 and the maximum amount is limited to $50. Honestly, I’ve never seen such type of promotion before so kudos toNick the admin of TopEarnClub for his creativity. However, if you want to lose your money instead of earning it in TopEarnClub just try referral cheating after which your account will be suspended and funds will be frozen for the next 7 days. To Nick’s credibility the money will not be forfeited as is usually done by admins but only frozen for a week which is still risky considering the overall shorter-than-usual lifespan for online HYIPs. The first newsletter from TopEarnClub is a long one and you can read it here:
“Dear TopEarnClub Members
To begin our first newsletter, We would like to express our gratitude to everyone who has joined TopEarnClub and has decided to start financial partnership with us.
We are really pleased to inform our members that we have successfully completed the first cycle of our investment plan. During the first cycle of TopEarnClub, we have attracted slightly over 500 investors from all over the world. This fact has really encouraged us to maximize our efforts and focus on future program improvements which will be beneficial for us and all TopEarnClub members.
Next thing I would like to discuss is about 1 particular Club rules which has been abused by some of our members.
Members please kindly be informed that we do not allow creation of multiple accounts. Members who get caught having multiple accounts in our program will have their account suspended. In the past week we have suspended several account for abusing our club rules just to earn extra 5% from our affiliate commission program.
At first We were going to freeze their entire funds for abusing Club rules which has always been clearly stated on website when you sign up with us in the first place.
However being a friendly online earning club, we have decided to just suspending abuser accounts for 7 days. Members who get their account suspended will not be able to receive any earning from their investment nor able to withdraw their funds for 7 days.
Please be sensible members, TopEarnClub investment plan itself offers quite generous Return of Investment, why would you risk your account get suspended for 5% extra profit?
If you join our program through some online portals, it’s really fair for the website owners to earn 5% commission from your deposit since they have pointed you into our program and giving you the opportunity to earn more decent profits from our investment plan.
If you intend to inviting your family or your friends into our program or if you share the same connection to access your accounts, you will have to contact us in advance. Further instructions will be provided by our support staff.
Another exciting update in this first newsletter of our Club is the launch of our new Club Bonus promotion program.
Club Bonus promotion program will reward members upto 15% bonus of each payment you have obtained from TopEarnClub. Yes you heard that right! upto 15% extra earning on top of EACH payment which you already received from us.
There are few conditions you need to obliged to join our Club Bonus promotion program, please read the instructions below:
1. You need to posts and votes at EVERY forums and monitors provided at our Club promotion page.
2. Batch/reference number and amount of your payment has to be included on each posts/votes.
3. Send all links of your posts and votes to bonusrebate@topearnclub.com with subject “Club Bonus (your username)”.
4. Bonus will be credited into your TopEarnClub account within 24 hours, which you may use for deposit or withdraw.
5. Maximum $50 limit per bonus.
6. Minimum $1 per bonus (amount less will be accumulated until it reach $1)
7. We judge bonus % by quality of posts and votes, guaranteed at least 5% bonus, upto 15%.
8. Payment date start from 19-5-2010
9. Please visit this page as often as possible for possible updates on conditions.
For more details please visit our Club Bonus promotion program at below link:
http://www.topearnclub.com/?a=cust&page=clubbonus
That’s it for our first newsletter, we will surely send you more updates of TopEarnClub progress and definitely with more exciting features on our second newsletter, stay tuned!
We at TopEarnClub wish you best of luck and much success of every aspects in your life!
Best regards, Nick Eckhart. TopEarnClub Administrator”.

The admin of StaunchFinances Brent (interviewed here) is determined to make his program the #1 site in the industry. His dream may come true soon as his program has already reached #4 on MNO ranking and keeps climbing while so many others are simply collapsing. Despite its young age StaunchFinances already won the hearts of many investors after less than a month online. So whats makes StaunchFinances different from the rest? In my humble opinion it’s the admin’s personality first and foremost as I think Brent is quite a straightforward and honest guy. Second, it’s definitely a very unique plan where your investment is divided into two equal parts with one is going to a short-term 20% for 6 days plan with payouts on expiry while the second goes to a low-ROI and long-term 2.5% for 56 days. Due to the upcoming one month celebrations Brent has a really interesting promotional contest where you can express yourself and show yourself as an original and one-of-a-kind person. There are so many ways to get what you want by promoting StaunchFinances (reviewed here) in the many unusual ways offered by Brent. Please read the latest newsletter from him below to find out more about the contest:
“Dear members,
Two more days and we are going to celebrate our first month anniversary online! Everything has been smooth so far: Amazing support from members, 100% uptime, Payments done within 8 hours after request, Support tickets answered quickly and Steady membership growth. Everything an admin could ask for in a program! My heartfelt thanks to all of you!
As mentioned in my previous update (which you can always read here), we are having a ‘STAUNCH’S BEST OF THE BEST!’ contest. We will divide a total of $1000 cash prize to the different categories we can think of including (but not limited to):
– BEST INDEPENDENT BLOG WRITE-UP/REVIEW (a new one-month celebration review of our program)
– BEST VIDEO EXPLAINING STAUNCH FINANCES (YOUTUBE or FACEBOOK video – whether tutorial or just an explanation of what we are. we will also use your video for promotional purposes.)
– BEST STAUNCH FACEBOOK PROFILE (create an FB profile and promote it to other people)
– BEST PROMOTER (starting from May 21st)
– BEST FORUM POSTER (relevant posts about our program)
– MOST ACTIVE HELPER AT THE FORUMS (helps members with their questions about the program)
AND MORE CATEGORIES YOU CAN THINK OF!
If you want to join, simply submit your application to staunchfinances@gmail.com (or @hotmail.com or @yahoo.com) and put ‘CONTEST APPLICATION’ as subject. Include in the body the link and the category you want to submit to. Cash prizes will be based on the relevancy and the interest-factor of your submission. This will go on for two-weeks starting on May 21st but you can put on your thinking caps already!
Well, not much stuff to say today. I do not really want to remind you again of the many reminders I’ve been giving you. You can just read them all again at the link I provided on top. Just remember that my target is to be NUMBER ONE and I want you all to be a part of it!
My best regards to everyone, Brent”.

The admin of YingYangInvestment (reviewed here) probably acting out of despair threatened to delete all the inactive accounts from the program. I don’t think that it’s a serious threat because anybody whose account was deleted can sign-up again if he wants so I think it’s quite a pointless gesture on the admin’s part. The worst part about YingYangInvestment now is frequent updates from the usually inactive admins and the bonuses offered which show more efforts to attract more money into the program but at the same time makes it more dangerous for new members to join it because it’s showing some troubling signs already. At the same time sincerity of the admin of YingYangInvestment (which is paying 1.2%-1.6% daily forever) is quite rare for this industry and should therefore be respected. Here is the latest news from the program:
“Dear members, We want to make you aware we will start deleting the accounts that are not upgraded very soon.
Also notice that there is a referral contest going on and it seems to have it’s effect. Please participate in it and refer friends etc even when you are not intending to win the contest.
Also notice that one forum supporter will be granted a price as soon as june starts.
And most important we are giving a 5% bonus for all members who have a total active deposit of 2K. Also we give a 2.5% bonus for all NEW adpacks starting from $500.
Best regards, John”.

In most cases though the admins (especially the short-term ones) are simply laughable with their excuses for stopping payouts. For instance, the admin of EkonInnovation (which has stopped paying so please do NOT invest!) in her email to me put all the blame on AlertPay for removing the verified status of her account. Well, even I know what the reason is – using a fake identity or one stolen from a person with no idea that his/her data is being used by dishonest HYIP admins. And the fact that EkonInnovation admin is dishonest can be proven by the following email which I received from her today:
“AlertPay has reversed our AP account to non-verified. Means will take 10+ days to re-verify. With our short term plans that right there pretty much just ruined everything I could do. As 80% of deposits were with AlertPay.
You may like AlertPay and your readers too, but you must realize, when AlertPay see’s it’s a hyip AP account. They do freeze it. And that 80% of the time causes to collapse a program. So in sense, AP with hyips is not good in some views. Since the account was non-verified now, I refunded 70% of deposits starting with the biggest deposits. The other 30% went to Plan payouts.
I am going to close deposits in script as well.”

So let’s analyze it thoroughly. First, AlertPay suspended the admin’s account which made her return the money that in ANY case will be returned to its rightful owners but at the same time keeps LibertyReserve and PerfectMoney deposits as they don’t reverse transactions. This fact only proves that the admin was not quite honest since the beginning and using AlertPay for deposits in short-term HYIPs really makes sense as the chance to get your money back if you get scammed is quite substantial compared with 0% with LR and PM. That’s why 80% of all deposits in EkonInnovation were made via AlertPay (I can’t argue with that) and still the members using it were better protected against possible losses. So if for dishonest admins using AlertPay is quite a problem then for honest ones it seems not to be an issue at all. Just look at TrueEarn for instance who continue to use AlertPay without any problems and draw your own conclusions. So it certainly has nothing to do with AP not liking HYIPs.
Second, the admin is trying to seem as fair as possible by promising to close the deposit option soon. Note: this email was sent to me 14 hours ago and as far as I know the deposit option is still active and no email was sent to the members who already realized it’s a scam. So what is it? Trying to be honest but at the same time too greedy to do so, lol? Anyway, this lesson learnt again and from now on I suggest everybody use AlertPay more often as it seems that another good payment processor (I’m talking about SolidTrustPay) is not very popular among obvious scammers for being too stringent against fake and stolen identities either.

Another funny email from the long since demised InvestProxy was received today. After getting drunk and arrested in Dubai the admin of InvestProxy probably totally lost his mind and deposited over $32K into his suspended AlertPay account in order to get paid to everybody. Wow, that’s a really noble deed but then another question arises: do you still think Santa-Claus exists? I think he has some serious issues in the form of delirium after his little Dubai mis-adventures. Waking up with a hangover in a police holding cell seems to have taken it’s toll on his grip on reality. Here is the update from the now finished InvestProxy:
“We wish to inform you that we have recently made a deposit of $32,288 into our AlertPay account. This is to enable offsetting pending AlertPay cashouts.
Please note that since we stopped using AlertPay, payments should be made to you in the form of a refund. So you should be paid.
Others should follow as scheduled.
Have a nice week.
Regards. Admin. InvestProxy.”

I think I’m getting too soft on admins, allowing them second chances when in 99% of the cases it’s totally useless. So like recently with AlphaMoney I knew that it was going to happen but still trusted that the inability to pay for withdrawals was just a technical glitch as originally stated by the admin. Well, it seems I should learn my own lesson and move scammers to Not Paying status faster which I finally did today with AlphaMoney. Don’t worry – their banners were removed from MNO as well to avoid any confusion!

Getting tougher on admins is a part of MNO due to the changing HYIP climate so I’m moving TeddyBearDreams to Problem status as well due to the behavior of the admin in delaying payouts, not answering emails from concerned investors and just a general level of inactivity over the last few days that pointed to some obvious cashflow problems. I would not make any further deposits to TeddyBearDreams and think this program is yet another short-term flop that barely lasted one full cycle.

Well, sometimes I’m just wondering why all the short-term programs cannot be like TrueEarn (reviewed here). The program has been paying fine for 46 days now accepting all the popular payment processors into three plans: 116% after 4 days, 145% after 10 days, and 210% after 20 days. This is almost unbelievable after seeing so many short-lived short-term programs. It deservedly occupies #1 on MNO rankings and proves that a program can be successful even in the current climate. So if an admin of a newly launched short-term program wants a good example of how a program can be run he can look at TrueEarn and maybe understand that it pays off to be a long-term reputed program rather than short-term scam. More about TrueEarn can be also read in my interview with the admin published here.

Just wanted to add that Cizaro (reviewed here) finally paid me the first payout on expiry today. The admin apologized for the error he made and I successfully received my deposit back. There are mixed votes on monitors though and some members of are still complaining on the irresponsiveness of the admin and the missed deposits. I don’t know if it inspires confidence in Cizaro but if you (just like me) received your payment on expiry from your 1.3%-2% for 14 days please let me know so I could be sure in the future of that program. Anyway, the latest update from Cizaro which I received today was quite cheerful so according to it everything is doing fine:
“Dear Valued Cizaro Client;
Greetings; I have a few information for you today and I would be taking them one after the other, let me begin by welcoming all new members of Cizaro Inc, you are in the right investment portal which offers a stable and sustainable earning. Cizaro got launched on the 4th of May, 2010. Our program has continued to grow in terms of membership and investment with our current 1439 members among whom have made quality investment, presently I would say we are one of the current best investment service providers online.
We would bring to your notice that you are allowed to request withdrawals of your principal if you wish to do so, 14days has elapse for a lot of you and we have been paying principals and we stay to paying more clients, however if you are comfortable with the services we have so far provided you with you may continue to trade with us just like a lot of members are doing. The week is on and we have had the best trading result so far, we would be sharing profits to all investors and be opening a contest for members by the weekend.
Finally, I want to once again appreciate you for your commitment to success, we are going to stay through for as long as we can. Our supports services are functional you can contact us 24/7 and be sure to receive respond.
Thanks. Project Director. Marvin Smith.”

If you’re enjoying short-term games and are not scared by the recent collapses then you should definitely take a closer look at FruitInvest which just launched last night. The concept of the program is really similar to the latest short-term HYIPs like ChokoMoney and TeddyBearDreams so many members concluded that the admins might be the same person. While I’m not quite sure of that the investment plans are really similar. FruitInvest is paying 116% after 4 days and 132% after 7 days and is running off a Neversay script which allows you to buy units of $1 each ($5 minimum) which you can buy via LibertyReserve, PerfectMoney, AlertPay and StrictPay payment processors. While FruitInvest is still new there is still a chance to profit. They are hosted on a dedicated Staminus server with SSL-encryption by the way which makes it difficult for hackers. By the way, due to this most recent trend of naming HYIPs after sweet and cuddly things (literally and metaphorically) I suggest some more names: RedWineGames, KittensMoney, SunshineInvest and LollipopProfits. I think you can come up with much better ones than me so suggest a few just for fun in my ShoutBox which by the way I decided to leave open for you a bit more often. I have already received the first referral commissions from FruitInvest but the way so I’m going to review it on my blog tomorrow. Stay tuned for that, guys!

Other programs that paid me today are the following:
TrueEarn, YingYangInvestment, TopEarnClub, Cizaro, PrivateDiamondClub, RedOrchidInvest, RogerVille, MetalCommerce, StaunchFinances, HighYieldClub, DubaiFinances, DynFxTrade, NanoVenture, Forexica, ForexNetClub, YesInvestment, GoldenInvestment, EzProfit, DorealCapital, InvestAward, TrumpForexClub (the first payment received) and OnyxInvClub (the first payment received).

That’s it for today. I hope you can all stay positive despite the obstacles. Remember that there is only one life so enjoy your every minute in this world! See you on MNO tomorrow!