21/07/2010. Daily News from the Industry

Hi, guys! It has come to my attention today that somebody is (again) trying to impersonate me and sending spam emails soliciting money for some LibertyReserve and PerfectMoney accounts claiming that I allegedly opened a HYI program. I can tell you in all honesty that this email was not sent from me, but rather masked to appear that way. I never did own and do not currently own any HYIP. Moreover, I don’t intend to open one in the future as I believe the ponzi style in which the programs are run is not decent enough for me and I’m not going to spoil my reputation by running one.

This email was sent from a well-known scammer who has in the past scammed some less attentive admins by selling them non-existent advertising, banners etc. When I put the LibertyReserve account he used into search it appeared that it was used already many times to scam the admins of popular HYI programs, such as SazaInvestments, InvestProxy, BestFxTrade, GloTrade, MoneyPlus, UmaxFunds, Aballong and many others. After one of my readers resent me the header of this email I discovered that it was sent from SolidInv servers. You might remember that SolidInv was intended as a short-term scam with the crazy idea in mind to impersonate the admin of TrueEarn by borrowing the texts, web-design and even plans almost in its entirety. However, even with this he couldn’t fool me and I wrote a more direct review that he didn’t expect. Well, I never compromise my readers and only say what I think. This was of course not taken by the admin of SolidInv lightly as apparently he was hoping I would support his story. He didn’t even put my logo on his site and shortly after that his program was gone becoming another short-term failure. So he had a grudge against me then and tried his best to hide the real email address he was spamming from. However, if you use Gmail (I’m not sure about other email providers) it’s very easy to see from where the email actually originated. For that simply choose the email and click on Show Original and then you will be shown the return path and the real email address from which it was sent. Probably he used the database of investors from SolidInv as not many people received this email. However if you get a similar email in the future please note that I’m not running any HYIPs and that I have ONLY two e-currency accounts: it’s LibertyReserve U0752710 and PerfectMoney U1864286. All other accounts don’t belong to me so all the money being sent there will go to that scammer and you will never see it again. The latest warning is to be addressed to the admins of HYI programs that are sometimes really stupid and paying out without even looking at my blog page where the warning was written on the very top and is hard not to notice.

By the way, I wrote to the hosting provider of SolidInv DdoSWiz as the email was sent from their servers and they already took the necessary measures at my request and added his script to a black list so he could not send spamming or phishing emails from DdosWiz servers anymore. Although I don’t think he will stop so expect more nasty emails from him. So when you’re receive suspicious emails allegedly from MNO asking for money please double-check the header and don’t send any money to somebody pretending to be me. Also remember that I don’t have my own list anymore and all the emails are now managed by FeedBurner so by subscribing to my daily news that’s all you’re going to receive daily to your mailbox. Don’t even expect any soliciting offers or archived contagious files from me!

Another thing that want to bring to your attention today is the status of OilStructure that was shown as Not Paying on hyip.com scam monitor. Apparently its admin has nothing better to do than issue warnings about all the paying programs that dared to choose on MNO instead of him due to poor advertising results from him. Some other blogs and monitors already found such a bizarre policy logical and even blamed MNO for accepting the programs for monitoring which are being advertised on hyip.com. Well, I myself don’t have any such policy preventing any of my advertisers from promoting their programs anywhere else. I have absolutely no issues with MNO listed programs being advertised on all other monitors simultaneously, including hyip.com, although you might remember that GNI became one of the largest and most successful programs online advertised exclusively on MNO. It’s actually saved them a lot of money from such useless monitors as hyip.com and made their program a huge hit. So why should you hold MNO responsible for the stupid policy introduced by a low-grade monitor that has absolutely no moral principles left? It is not the responsibility of MNO to enforce the policies of others, least of all pathological liars and blackmailers.

You might remember that some of program admins managed to bribe greedy Alex, the administrator of that site to have their programs listed perfectly well on both MNO and hyip.com. Just look at CherryShares and EzProfit that occupy high places on hyip.com monitoring to see that this policy comes with a price tag. Just wave a couple of dollars under his nose and watch the monkey dance to whatever tune you whistle. Moreover, it appears that the admin of OilStructure didn’t restrict Alex from getting profits from his account there as he was free to withdraw despite issuing a Do Not Invest alert of that program which has nothing to do with reality. Actually you’re aware of the rules in OilStructure (read my review here for more) and know perfectly well that you’re free to leave the program at any time except the first stage and your principal will be returned minus a fee. So what hyip.com has done is encouraged the members to withdraw their principals from the program simply because of his illogical grudge for MNO and therefore deprive regular members from the profits they would have earned had they not listened to his advice.

The program itself suffered for nothing as the admin wasn’t aware of the rule limiting their right to run their own business as they like in a free market. If he knew that I’m sure he would think twice where he would like to advertise his program – on a very standard monitor out of hundreds with a very shady reputation of covering scams or MNO which could make a program a great success even if it was only advertised on MNO exclusively (GNI for example). The main point is you must not believe hyip.com ratings as he totally discredited himself as a monitor and is not deserving of the investor’s trust by listing such well paying programs as OilStructure, FundsOMatic, CashMiner, Disalina and InWolton as Problem which is not even remotely close to the truth. Funny thing is however, you’ll find a list of low grade scams as long as your arm listed by him, and no such warnings ever issued against any of them, not even after they scam!

By the way, I have successfully withdrew my principal from InWolton today. $300 was transferred successfully to my PerfectMoney account within seconds. That just proves that despite of the lack of news from the admin for the last week currently the program has absolutely no issues with funds and is ready to pay instantly to everybody who would invest into their variable daily 15, 30 or 50 business day plans via LibertyReserve or PerfectMoney payment processors. More about InWolton can be read in my detailed review published here. I honestly consider InWolton as one of the most promising programs online and so far the admin didn’t disappoint me. The admin (interviewed here) promised to do everything possible to be on top of MNO Rankings already by autumn when he expects a surge of new investors coming back from summer holidays which will indicate the first signs of the industry recovery.

Apparently such low-ROI but high-quality programs as ReProFinance are also suffering this summer from the lack of investors which cannot be attracted by such low returns as ReProFinance has to offer (0.8%-1.5% for 90 days and 0.9%-1.9% for 180 days with the principal back on expiry). That apparently made the admin increase the ref commissions and make the ref system multi-tiered. The last update from ReProFinance (reviewed here) explains how the system works now in detail:
“Affiliate program bonus is changed to 10+2%!
Dear clients, ReProFinance company has good news for you! We are glad to tell you about changes in our affiliate program. Now you can earn even more!
According to new provisions of the affiliate program now we offer a multi-level reward system to those who help to make ReProFinance project more popular.
The multi-level system means that now ReProFinance project offers earnings not only to referrals but to the referrals of referrals (sub-referrals) as well.
Referrals receive 10%.
Sub-referrals receive 2%.
We are sure that this news will please all our clients because hundreds of them have already made a lucrative business out of participation in ReProFinance affiliate program.”

I had some positive feedback from investors since yesterday when the interview with the admin of GoldCollarInvest Bruce was published (read it here). Apparently people liked the detailed description of the program and its features and got more confident in the ability of the admin to run it for a longer time. Today Bruce issued another update where he announced some changes in processing withdrawal requests from the currently used GoldCoders script and mentioned that the limited offer plan of 1.5% for 7 calendar days with the principal returned on expiry might close in a few days, though he didn’t provide the exact date of when it’s going to happen. I guess a more significant boost from the investors should be expected when the principal can be withdrawn after the first 30 calendar days that for the first investors should happen in the beginning of August. I remind you that for 8%-10% weekly forever plans that were thoroughly discussed in my review of GoldCollarInvest published here you will be paid with no expiry date but you have the right to request your principal back after 30 calendar days. We will see soon when the first principal withdrawals are processed if the program really deserves the trust many investors put into it. Here is the latest newsletter from the program received today:
“Dear Folks,
Another week is flying by and I hope all has been fine with you. I need to let you know that GCI has reached over 300 members and I am really pleased with the sturdy progress we have made together for the long term budding program like GCI. On the business front as well we have been doing very smoothly. Our new associate Stephen, has proven himself as a professional from the start with his profit yielding thoughts and efforts.
Some of you may have already noticed the customized deposit page in your member’s area. The purpose is so that your deposit are not processed through the script. Likewise, all withdrawals are processed by our staff directly to your payment processor accounts without the involvement of the script. So, we have applied an added security while using a regular script. We will be using the current model till the end of this phase of 1000 members and probably we will add a new script in the next phase.
We have received quite a few enquiries about the expiry of the Limited Edition Plan. We only plan to run it for a few days. Although the expiry date has not been set for now, it should last for a few more days. We will let you all know about this. More exciting promotional features will be added at GCI in the near future.
As always, do vote for us and post your feedback at our official forum at MNO http://money-news-online.com/forum/viewtopic.php?f=9&t=281
Best Regards, Bruce Wagner.”

Apparently after changing of hosting provider by the admin of GroupUniversal from BlockDos to Dragonara for some unknown reason the servers were not up-to-date so some investors might be missing their daily interest for 2 days. Personally I wasn’t affected as my account in GroupUniversal is in full order and is getting credited daily from the only available plan 1.8%-2.2% for 150 business days. I appreciate that the administration of GroupUniversal (reviewed here) showed such concern for the investors and gave this update today:
“Hello, because we have changed our server some user’s interests have been missed for 2 days. But don’t worry about that. We are working on it and this issue will be solved soon. After solving this issue missed interests will ready into your accounts.
Thank you for your patience.
GroupUniversal”.

Unfortunately one program has to be moved to Waiting status on MNO today which is is RoyalPlaceInvest. It’s very probable that the administration tried to revive interest in the program by recently offering a test plan with payouts after 3 days. However, in my opinion this was simply bad timing as launching the program in late June and July proved to be an absolute disaster for similar short- and medium-term programs that failed very fast. Anyway, RoyalPlaceInvest stopped paying and I advise you not to invest any money there anymore. The program managed to survive for a month which is not such a bad achievement as those few investors that invested from the beginning should be nicely in profit from them.

I have added another long-term program to my monitoring today, OptimumPride. The program is based on a new Neversay script which is not compatible with certain browsers and where you have to fund your wallet first in order to make investments. Only LibertyReserve and PerfectMoney are accepted into a test plan with 0.4% return for 15 business days (ranging from $20 to $99 investments) and regular plans paying you 0.6%-1.5% for 180 business days (depending on the principal and starting from $100). Your principal is being returned to you on expiry of your investment with OptimumPride (15 or 180 business days respectively). OptimumPride just launched a couple of day ago and is hosted on a dedicated Staminus server with DDoS-protection provided by Koddos. The program has a nice looking website with a professionally created video presentation, legally registered address in UK (similar to what MNO has) and live chat feature. I believe so that the low-ROI plans are being compensated by some efforts made by the admin to bring the program to more investors. I will be glad to investigate this further and will bring you a more detailed review of OptimumPride on my blog tomorrow! Stay tuned for that, guys!

Also tomorrow MNO will also feature the long-anticipated interview with the admin of FairHYIP – the program that was announced on MNO nearly two months ago and where you can invest only by invitation from selected members (please email me at abramsonp@gmail.com if you are interested to get a personal invitation to join FairHYIP). I can say straight away that I was kinda impressed by the ability of the administration to answer all my questions thoroughly and hopefully you will find the interview with FairHYIP administration interesting and worth reading. More about the program that is paying on a weekly or monthly basis can be found in my detailed review published here. And look forward to the interview tomorrow!

Here is the list of the programs that paid me today:
Disalina, FluxRates, OnyxInvClub, CherryShares, OilStructure, GoldCollarInvest, ReProFinance, SeatRonacs, FundsOMatic, FinalEarn, BullInvest, EzProfit, GoldenInvestment, YesInvestment, AvaInvestment, InWolton, RedOrchidInvest and CashMiner.

That’s all for today, guys. See you all on my blog tomorrow!