Jun 12th, 2010 Archives

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

Hi guys! Hope you’ve all been looking forward to the weekend and to the start of the world cup tonight. Anyway, despite the festivities during the next couple of weeks MNO will still be here as usual every day with the important updates and introductions of any interesting new programs that come my way. And one such program is called InWolton, an online HYIP that I don’t mind telling you looks very impressive. Imagine a cross between (mostly) Verifield and (a little bit) of IncoForex and you get the idea. Two closed programs now but two great ones nonetheless. If InWolton turns out half as good as either of those then it’ll be a major success already.

The program can look a little overwhelming to newbies at first, or maybe overly complicated would be a better way of putting it. But don’t be put off. I’ll admit it is all a bit unnecessarily complicated for what is in essence still an online HYIP. But I think with a little patience and perseverance here you will be rewarded. Traditionally Summers are always quiet in this industry but if InWolton can get past that and get the support it deserves then I think we could easily still be talking about them in December and beyond.

At the moment there’s just the one investment plan available from InWolton and it runs for 30 business days (six weeks). It’s called The Perfection Fund. You get paid a variable low rate of interest every day from Monday to Friday and your principal then gets handed back on expiry. OK, so what’s so complicated about that? Sounds like most mid term HYIPs you might say.

Well, the real difference is that it’s not really a “plan” in the traditional online HYIP sense of the word. Rather it’s a “fund”, and this fund is made up of 20,000 shares priced at $1 each. The minimum investment is $10 (ten shares) and the maximum investment is really just limited to the number of shares that remain available. For instance as I write this I can see that there are 10,650 shares still available from the original 20,000.

Then of course we come to how the profits are calculated. InWolton claims to be involved in the area of foreign currency trading and speculation. The profits generated by how they re-invest your money are variable, but they are divided up between three different recipients. You, them, and their insurance fund. The more shares you buy then the bigger your slice of the profits will be. Anything up to 500 shares could potentially bring in 120%. From 501 to 1500 shares could bring in as much as 122%. Up to 3000 shares can bring in up to 124% profit. Between that and 5000 shares earns up to 127% profit.

As I said there’s only 20,000 shares to go around in the first place so it’s going to be first come, first served. Therefore it’s unlikely that any one investor can pick up more than 5000 shares immediately upon joining (though there’s way’s and means around that later as we shall see) for the record I’ll just let you know that investors with between 5001 and 10,000 shares can earn up to 130% profit and everything over and above that can pick up up to 133% profit.

So let’s say you really like InWolton and would like to buy a couple of hundred or a couple of thousand shares. But you get there a bit late because as I said there’s only 20,000 shares to begin with. So what do you do if you visit InWolton and they only have 50 or 60 shares left to sell? Buy them anyway because they have an internal share selling platform where just like the real stock exchange you can trade shares with other members.

So what happens next with InWolton? I mean what happens when all 20,000 shares are sold and being traded internally between members? Well I’m sure the admin has a number of other plans to launch that will happen then. As soon as the Perfection Fund is full then I’m sure they will have a longer 45, 60, and 90 day plan to follow. Or who knows? Possibly even 21 and 15 day plans? We wait and see.

At this point InWolton‘s choice of payment processor is pretty weak. Just LibertyReserve and PerfectMoney at the moment so feel free to ask for mode if you prefer. Albeit they remain the two most popular choices amongst HYIP admins the fact is that many of the bigger HYIP players stay away. But to their credit the InWolton admin team have went some way towards compensating this for me by issuing instant payouts. Payments are still manual as ever and need to be requested, but after that wait out the less than 45 seconds it should take to approve your on the website.

One of the undisputed leaders among hosting providers now (and have been for many years) is Dragonara. They are keeping InWolton on a dedicated server and I doubt very much there will be many problems to speak of there. InWolton is also using a very interesting original and customized script. It’s quite secure and as regards advertising they have a professionally made flash presentation with flash banners. But I think what I most look forward to here is new investment plans rolling out on a regular basis for us to consider. Should that happen as I suspect it shall, then InWolton is a program that can grow and grow for months and months to come.

OTHER NEWS FOR TODAY.

First off I would like to clarify the status of some programs my blog. Regarding TopEarnClub you might remember that I promised to move them to Problem status if I don’t get a reply from their admin Nick (interviewed here). However just a few hours after I moved them to Problem on MNO I got a an answer stating that he had some internet connection issues yesterday preventing him from making payouts. After placing TopEarnClub back to Paying status though I received a couple of complaints from my downlines about delayed cashouts which were then sent to the admin by myself. He promised to take care of the payouts as soon as possible. I am not quite aware of the reason for that but hopefully all the issues will be resolved soon and all the pendings will be paid. Please keep me informed about the situation in TopEarnClub (reviewed here) but so far I will leave it on Paying status.

Apparently I was right about OilInvestment who announced high plans of 133% after 1 day. It was hard to imagine that a program could continue with such unsustainable plans and the red warning sign was too big not to be noticed by the investors and me. And so it goes. OilInvestment is paying selectively now to some monitors only while ignoring regular investors. This approach will not be tolerated by MNO and I have already moved them to Problem status. However you can’t deny that the administration was stupid enough and tried to play the same old trick that was repeated over and over again by many programs that hopefully helped you avoid any losses with OilInvestment as that was a very good program overall that lasted for 4 weeks.

If you might have noticed I finally removed my ShoutBox and this time this decision will be permanent. I guess with the opening of the MNO Forum you have the chance to express your feelings and thoughts openly and I must say I try to check contribute there as often as I can. But as it becomes increasingly difficult to moderate every comment then I think it’s finally time (as I always intended) to close down the shout box and start asking you to register in the MNO forum instead. Put your questions to other experienced players there and see if you can either contribute something or learn something! So please read my disclaimer here before making an investing and welcome to my forum which already has about 370 members.

Some funny news came today from Forexica (reviewed here) which has been online for almost 7 weeks. As you might be aware the admin already changed the plans once by increasing the rates in order to maintain interest in the program. But that last email was really abrupt which made Forexica a long-term program and totally changed the plans to the more than conservative 1.4%-2% for 160 calendar days with the half of the principal being returned on expiry. As you might imagine that daily rate is fixed and depends on the amount deposited into the program. The minimum to invest via LibertyReserve or PerfectMoney has been also increased from $10 to $30. I’m not quite sure why we could see such sudden changes in plans as they are quite old for a short-term program so there will be less and less investors willing to deposit in high-risk plans that Forexica used to offer. Probably the admin (interviewed here) decided to change its image to a more respected low-ROI program but then the question arises how long was Forexica going to last as their previous programs died on their third month. Anyway, I was totally right in my assumption that Forexica would last for some great amount of time and those who invested in that program during its first weeks online have been in profit. Now the door is closed as the program will only accept the deposits into the new plans (though the members with currently running short-term plans will not be affected and will be paid as usual). Here is the latest newsletter from Forexica which I received about half a dozen for the last 24 hours for some reason:
Hello Forexica members,
After 46 days of online business,we decided change our investment plan terms to long term plans.
Because we have shown our test plans and we past them successfully and now we want to switch on our main plans.
All previous invests are safe and you will be paid for them if you have invested in them but they are disable
from now for new investors and new invests.
We strongly recommend you to invest in our new long term plans after releasing your funds from old plans.
Important for monitoring sites :
Please change our investment plans to new plans :
1.4% daily for 160 calendar days
1.6% daily for 160 calendar days
1.8% daily for 160 calendar days
2% daily for 160 calendar days
50% principal return
Compound is available ( 0,10%,20%,30% )
Thanks for doing business with us.
Best Regards. Forexica Group
”.

Some other programs also activated its activities and from GroupUniversal for instance I received two emails today. Perhaps just like you the admin is following the World Cup as he sent out two updates today updating us on the game between South Africa vs. Mexico. Though he missed the final score which was 1-1. Here are the updates from GroupUniversal which is paying 1.8%-2.2% for 150 business days (reviewed here):
Hello dear GroupUniversal members,
We wish a nice weekend for you and your family.
Hope you enjoy the World Cup Soccer 2010 in South Africa.
Now that we are sending this Newsletter the result of 1st match between South Africa and Mexico is 0-0
Group Universal is with you 24/7 during this period.
Best Regards. GroupUniversal
”.
Hello dear GroupUniversal members,
Happy first goal of World Cup Soccer 2010 in South Africa
Hope you enjoy this matchs.
South Africa 1 – 0 Mexico 58′
Best Regards. GroupUniversal
”.

The admin of VezGroup (reviewed here) in his last update to the members last night reminded about the opportunity to read the recent interview published on MNO here. Other stuff is simply advertising on how VezGroup is better than others. Here is the update:
Dear Client, VezGroup Incorporated is truly a business whose future depends upon the satisfaction of our customers. To all new member’s, welcome to VezGroup. You can rest assured that we will strive to provide you with the fastest most efficient service, along with the highest quality support available.
Our program interviewed has been published on Money-News-Online and it can be read on: http://money-news-online.com/blog/2010/06/09/09062010-interview-with-the-admin-of-vezgroup.
VezGroup is a secure place for investment, If you have any inquiries about VezGroup feel free to contact us on our online support team or email contacts. Thanks!
Regards, VezGroup Team
”.

Some independent sources confirmed today about the scamming nature of the infamous monitor hyip.com which is already widely disregarded by informed and experienced investors. His rankings are for sale, he changes his opinions more often than his underwear, and his lack of standards in assessing the scams that he does accept (like such infamous fast folding scams like VarioFunds and InvestMerchant, just two of the many serial criminals welcomed by hyip.com as long as they pay him a couple of dollars to access his database).

Actually what he does is accept programs for monitoring and then put some nasty comments about them later if they dare to advertise on MNO. Well, it might be damaging for some programs but fortunately the admin of ReProFinance (which was reviewed on MNO here) put some clarification on his site today explaining everything to investors. I doubt very much that any damage will be done to ReProFinance which has a different set of low-ROI plans with 90 and 180 business day terms. The program just started its advertising campaign and some lies from a pathological liar and scamming monitor will only add to its popularity for sure from serious investors that prefer thorough analysis of the programs instead of biased opinions of some clown. Here is the clarification taken from the site of ReProFinance:
Dear investors,
Please note that hyip.com project has displayed an improper work by assigning a “Warning” status to our project. This happened due a subjective reason: HYIP.com has a conflict with another project Money-News-Online.com and put the incorrect status only because of our advertising on Money-News-Online.com. This incident has already been covered by HyipNews and Ecommerce Journal.

More lies came today from the CherryShares admin (I have no idea why they would say this but again one infamous blackmailer comes to mind). It appears they withdrew their “advertising order” with MNO which came as a surprise to me because no such thing ever existed!. Again and again I must state that it’s a total lie as CherryShares never advertised on MNO and I never had any communication with the admin. I accepted the program the program for monitoring based totally on the requests of my members.

Now it looks really interesting to me as probably explained to hyip.com that MNO monitored CherryShares for free made him change his mind as CherryShares didn’t pay me a cent for advertising their program. Anyway, even if a program advertised on MNO it would be impossible for it to withdraw the “advertising order” as once accepted the program will be monitored till the end. Except in the case of CherryShares where this “order” they are withdrawing never even existed. But once a liar always a liar, don’t you think? Even is the lie is told to one of the most hopelessly corrupt and dishonest industry blackmailers. It’s probably tempting to think that scammers stealing form other scammers is kinda funny but in this case it’s regular investors money that gets caught up. And once a proper business lied to their clients it would lose all credibility.

However it seems this simple rule doesn’t apply to the HYIP world where lies are so wide-spread that I’m simply sick and tired when so many admins are lying to customers. Please be aware that I don’t wish to destroy the reputation of CherryShares in any way and I will continue to monitor the program despite their withdrawal of a non-existent advertising offer, lol. Possibly the admin should be ashamed of his actions but if that makes CherryShares stronger I guess this step of accommodating the will of hyip.com was necessary to make the program stronger so I won’t hold it personally against them though it tells me much about the admin’s character. Here is the email received by the members of CherryShares today which is yet to be reviewed on MNO:
Dear Members and Investors,
First of all, we want to wish you a great weekend ahead of you and for those who love soccer – wonderful moments watching the World Cup! We really hope you will have good time both watching the tournament and knowing that on each day there is one company that pays your interests, without any delays at all!
You all have witnessed these days the confrontations that we had with administration of hyip.com. They are over now! After a very professional correspondence and exchange of mutual courtesy we’ve managed to get to a compromise. We defended our position and stated again that *we were not aware* about some of hyip.com listing rules. After some investigation that included also the communication with hyip.com administrator, we did find out that such rules are fully merited and are supported by evidence to a great degree.
Also, after making thorough analysis of Money News Online site, we did conclude that the presentation style and the attitude are not a suitable advertising area for such a program as ours. In every action that we take, we don’t want to harm our reputation and also our flawless approach to our customers. Therefore, we decided to withdraw our previous advertisement order with MNO. We also know that there are a big number of customers that will share the same opinion with us.
We wish you all the best and let’s enjoy this great summer with goals on your scree and cashflow in your accounts!
Sincerely yours, Dane W. Wolf. Managing Director
”.

I’m really surprised to hear this latest detective story from the admin of PrivateDiamondClub (reviewed here). Apparently their head of trade refused to sign a contract with an the owners of an underground and the details will be available in video footage which I’m really looking forward to seeing. I think the story regarding the tin mine will be nominated for Oscar as the most unbelievable story in HYIP history. But who knows? Maybe the most unbelievable stuff happened in reality. Anyway, I’m really sorry for their tin mine deal but I guess they could continue as usual with diamonds. And for the first time I was sorry I missed the trip to Africa the admin of PrivateDiamondClub offered to me as even Jessica Fletcher would be jealous of these adventures! Here are the two updates from PrivateDiamondClub, the second one being a follow-up to the first:
Yesterday our head of trading came back with hot news. If you are not only interested in profits, but also in what we are doing to earn money you should read this. The news have nothing to do with our diamond trades, but after we lost contact with our head of trading for 3 days while he was in the DRC to sign the papers for an underground tin mine, he made a dangerous decision. While Lars was uploading the lastest newsletter a few days ago he was already on his way with to sign a deal and make the PrivateDiamondClub a shareholder of a local tin mine… all I know is that our head of trading refused to sign any paper. He will share his experience and talk about his journey. Lars already approved everything and said it was unthinkable to sign the contract and we can be happy that our head of trading is back. For all who never understood why the privacy of our contacts and our head of trading is very important for the club and our success, I hope later you will get a better picture of that!
This it is for now… but I am back later with Lars and the head of trading!
Have a nice day…auf bald…karibu
Hilde
PrivateDiamondClub Support and Marketing Manager
”.
Dear members,
As Financial Manager, I want to announce a special today. As you know the privacy of our head of trading and Lars von Oldberg is very important for the club! This has something to do with the security situation in the trading areas and political contacts. It took years to establish these contacts and this week was a week our head of trading and our club will not forget.
On the 7th of June Lars was happy to announce that the PrivateDiamondClub is going to buy shares of an Underground tin mine, our head of trading and 2 of his close partners arrived the same morning (the 7th) with over US$800,000 in cash in a town in south east Congo…
It should be a normal business and our head of trading just wanted to sign the final agreement and the papers to make the PrivateDiamondClub, the main shareholder of an Underground tin mine. But the 7th of June was also the last time we heard from our head of trading. Yesterday night he came finally came back… A short business trip turned into a dangerous situation. No money was lost or stolen. Tonight or tomorrow we upload the story with exclusive video footage. For me it was an unthinkable situation. For the first time you can watch and hear the comments of our head of trading, and you understand why he refused to sign the papers. I make it clear, we stick to our diamond trades and our fair trade policy. We say no to tin from the DRC! For our members all will remain the same. But our head of trading want to show that his work is not always a holiday trip!
Thank you.
Natasha A. M.
Financial Manager
The PrivateDiamondClub Limited
”.

I have been paid today by the following programs:
TopEarnClub, InWolton, OnyxInvClub, InvestiHeaven, RedOrchidInvest, BalanceFunds, ReProFinance, KaizenPortfolio, CherryShares, PrimeMoney, BookmakerOffice, BukInvest, YesInvestment, GoldenInvestment, EzProfit, InvestAward, PrivateDiamondClub, TrumpForexClub, AvaInvestment, DynFxTrade, Forexica and MoneyTree (the first payment received).

MoneyTree is another short-term program added to MNO monitoring today. The program accepts LibertyReserve, PerfectMoney and AlertPay to the following plans with the on expiry payments: 109% after 3 days, 132% after 8 days, and 180% after 16 days. The minimum to deposit starts from $10 for the first plan and reaches $80 for the last plan. The program just started two days ago so the first payouts on expiry have yet to be processed. MoneyTree is hosted on a dedicated Staminus server with Koddos protection and SSL-encryption and is running off a licensed GoldCoders script. More on that will be discussed in my upcoming review so stay tuned for that, guys!

The second program I’d like to introduce tonight is called AirlineFinance and the admin says that they are involved in “primarily investing in Airline Bonds, Stocks and Binary Options”. Of course AirlineFinance is just another short-term which is very promising though and should be treated as such. AirlineFinance just launched a few hours ago and is offering two investment plans: 10% with daily payouts for 14 days and a more risky 160% once-off payment on expiry after 14 days. The payment processors accepted by AirlineFinance are AlertPay, LibertyReserve and PerfectMoney and the minimum to invest in both plans is a quite affordable $10. AirlineFinance is SSL-secured program hosted on a dedicated server by BlackLotus and is running off a licensed GoldCoders script. More on the program can be read on MNO in a couple of days!

And finally one more short-term program that just launched and was added to my monitoring already is WorldCupBets. World Football Cup is now definitely a hot topic among HYIP admins and possibly the program wants to attract both industry players and football fans alike. What do we have here? The same licensed GoldCoders script and the same BlackLotus protection on a dedicated server with SSL-encryption. So everything is up to standard but what about the plans? You can invest in WorldCupBets via LibertyReserve, PerfectMoney, AlertPay and StrictPay. The minimum to invest in the first plan that is paying 104% after 2 days is only $1. The other three plans on offer (115% after 5 days, 140% after 10 days, 180% after 15 days) can be accessed with a minimum deposit of $10. Since the program just started the first payouts on expiry should be made in a couple of days and MNO will definitely report on that together with the review.

I think that’s finally it for today. I wish you a good weekend and hope to see you on my blog tomorrow with another review and more news from the industry.

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