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

Hi everybody! Well it’s not been such a great start to the summer so far, has it? With one of the biggest short term programs of the year so far finally running it’s course and a big question mark over one of the longest running long term programs, things can only get better. So before we get to tonight’s news section I’d like to take a closer look at a newly launched program that might help to improve things. It’s called VezGroup and it’s a long term HYI program.

I say it’s a long term program but the length of the term is really up to yourself. Because VezGroup has just the one single investment plan and it’s a perpetual one, ie there’s no expiry date. You only need to join once and will then continue to be paid for however long the program runs for. Of course you can always collect your deposit and leave if you want to, but you can’t do that until you’ve been an active member for 12 weeks.

The plan itself is called The Vez Forever Plan and requires a minimum deposit of $20 to join. In return for that you are offered a daily interest payment of 2.4%. VezGroup pay this on calendar days by the way and not just Business days so it’s seven payments per week. You’ll get this everyday as long as the program survives. So let’s say you want to play with $100. That gets you back $2.40 every day, bringing in $16.80 per week and allowing you to break even after 42 days.

And everything after 42 days is pure passive profit. How much you want to take from it in the end is your decision. You’re free to request your principal back anytime and leave after a lock-in period of 12 weeks. By that time however you will have already doubled your money from the profits so personally I’d be inclined to leave my principal there and continue earning for as long as VezGroup wants to pay me. But you make your own mind up on that based on the circumstances you find yourself in on the day. Maximum deposit is $20,000 and compounding is allowed. I also need to point out that while I was unable to find any mention of the 12 week lock-in period on the VezGroup website, I can assure you that it’s there because the admin told me so himself.

As for the choice of payment processors, well, I couldn’t have asked for better and the list should I am sure greatly boost VezGroup‘s chances of popularity. All the important ones are in there including AlertPay, GlobalDigitalPay, LibertyReserve, PerfectMoney, SolidTrustPay, and StrictPay. Payments are made manually so need to be requested. The admin requires 24 hours to have it processed.

Design and security wise the website is also pretty good. It’s well laid out and user friendly and running off a script licensed from GoldCoders. They are hosted on a dedicated Staminus server with protection and support from Koddos. VezGroup are also using SSL encryption to protect the site even further. Contact with the admin is through a support ticket submission form. VezGroup also has a Live Chat feature, though nothing to indicate when (if ever) it operates.

Money isn’t the only thing green with VezGroup as they claim to be involved with agriculture and food production. A claim I’ll take lightly by the way as it’s unsubstantiated, but at least the texts are original and the website is very well planned and organized. That, added to the fact that they only opened for business yesterday means that your best chances of profiting from the program are if you join now and get in on the ground floor as they say. I’ll just remind you though of the fairly lengthy 12 week lock-in period on your principal, so when deciding how much you want to spend make sure it’s a figure you’re absolutely certain you can do without getting back for the rest of the Summer. And as usual an investment with VezGroup carries no guarantees (even if you and I both like it) and is best used as a small part of a wider more diverse portfolio.

OTHER NEWS FOR TODAY.

There wasn’t really that much news today but one incident I would like to mention is undoubtedly the scamming of SpaceInvest program. I was really surprised that despite such enormous rates the program was offering it managed to last for as long as it did (10 days) paying instantly to LR and PM accounts. It seems the payouts became selective now as only the monitors and investors with small amounts are still getting their instant payouts while others have to wait. The admin of SpaceInvest is still communicating well but I only heard some promises that the pending payouts would be paid soon. I cannot tolerate this approach and leave the program on Paying status even despite obvious cashflow issues. So I’ve made up my mind to move SpaceInvest to Problem status on MNO. Please do not invest there!

Seems that last night’s story about the collapse of TrueEarn got a surprising reaction from the administration of StrictPay who supposedly refunded the money to the investors left in the TrueEarn balance. However I find it highly unlikely to believe that TrueEarn was actively using this money to start a new project. As you know the value of StrictPay is currently close to zero (read more about that on MNO forum thread here) and definitely the admin of TrueEarn could not use StrictPay in any way as nobody in their right minds currently accepts it. I for instance do not accept StrictPay for the time being since their liquidity problems started a couple of weeks ago. So while appreciating the fact that StrictPay made the refund it would still be nice to hear when they are planning to at least help their official exchangers with purchasing their storage of STP money which they can’t dump anywhere. Well, at least this message sent to me today by one of my readers proves that StrictPay is still alive and fully operational giving some hope to those desperately needing to cash in their StrictPay funds. Here is the message received by somebody from StrictPay today together with the refund from TrueEarn account:
“This message is to inform you that your account has been refunded. Your account has been credited with a percentage of the funds that you sent to account 83027 (Truearn). This account holder was attempting to filter all the funds in their account to other StrictPay accounts in what appeared to be an attempt to use the funds as startup for a new website. We have decided to refund purchases to customers because this merchant is attempting to filter funds out of the system and no longer pay their customers. These transactions were made this morning and we immediately reversed them and processed the refunds.”

I have been paid today from the following programs:
GoldWayMoney, TopEarnClub, FxCrudeOil, BookmakerOffice, InvestiHeaven, FinFex, OnyxInvClub, RichWorld, YesInvestment, GoldenInvestment, StaunchFinances, EzProfit, PrivateDiamondClub, KaizenPortfolio, ForexNetClub, DynFxTrade, InvestAward, OilInvestment, TrumpForexClub, RedOrchidInvest and VezGroup (the first payments received).

That’s all the news for today and I hope to see you on MNO tomorrow with more news from the industry. Stay tuned, guys! And special thanks to those who supported the MNO Forum by participating in the discussions there as it reached 300 members today in less than two weeks online!