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

Hi everyone! Well it’s my last day in Sweden for the time being and in particular my last night in Ostersund. I have to say it reminded me a bit of Reykjavik in Iceland, except it’s a lot quieter here. So tomorrow’s update on MNO will be written from the early train to Trondheim in Norway (which I’m really looking forward to). But for this evening’s post I want to start with one of the latest additions to my monitoring site. It’s a brand new short term HYI program with the plain speaking name of JustDollars.

The program’s got four standard run of the mill investment plans to choose from, nothing we haven’t seen before but also nothing we can’t make a profit from if you’re quick enough. You have a choice between payment on expiry plans or a plan that pays daily. One thing they all have in common however is a very affordable minimum investment figure so it doesn’t have to cost you a whole lot to play.

Despite it not being the shortest term plan, I think I’ll start with JustDollars daily payments plan. The term runs for 10 calendar days and during that time for deposits starting from just $5 you are offered a daily payment of 12% interest, lending an almost autosurf style feel to it. The payments add up to a total of 120% interest by the time it expires but as your principal is already counted as part of that then your profit is 20%. Maximum investment is $500 so while you can’t lose a huge amount of money you’re not going to win one either. Not that I’d call it a test plan or anything – 20% is an excellent return even if it is to a maximum value of $100 – but it’s definitely one for the smaller players.

For the payment on expiry plans JustDollars starts with a plan just 4 days in duration. To join still requires a $5 minimum but the maximum goes to $1000 so I guess this is where the gamblers come into play. The payment on expiry is 118% which includes your principal so final profit is 18%.

It’s plain to see that even if you are a smaller player this plan still makes the previous daily payments plan all but obsolete. It may offer a (very) slightly smaller return but it does so a lot faster. And after 4 days you are still a long way from profit in the first plan anyway.

As is usual for a short term HYIP, JustDollars gets a little riskier as it gets more profitable. Their next plan runs for a term of 8 days and offers 140% interest on expiry. Of course when I say it gets riskier that’s very much a relative term. The minimum investment is still only $5 so in real terms the risk is minimal. What I mean is it only goes up in accordance to how much money you choose to risk. Maximum spend is $5000 and your principal is counted as part of your final payment leaving you with a 40% profit.

The final plan runs for 16 calendar days. JustDollars is offering a total return of 200% on your investment here (including your principal) so double your money on expiry. Difficult to say how long an offer like that can be sustained, obviously not indefinitely, but it really comes back to how much cash gets poured into this pool in the first place. Minimum deposit is $5, so it’s probably not that hard to pay 200% on that. Less likely as we get closer to the maximum deposit of $20,000.

You have a decent enough choice of payment processors if you do decide to join. AlertPay, LibertyReserve, PerfectMoney, and GlobalDigitalPay are all accepted by JustDollars.  Payments are manual and the admin requests you allow him a maximum of 24 hours to process them. Minimum withdrawal is $1 and after the minimum deposit of $5 further deposits are only accepted in increments of $1.

I mentioned the script there so I should also say that it’s licensed from Neversay, making it typically more safe than the average HYIP. JustDollars is also hosted on a dedicated server by another usually reliable name in BlackLotus. Customer support is best made through the ticket submission form on the JustDollars website. It does feature a Live Chat function but does not indicate what time (if ever) you can expect to see them online. It’s interesting to see that the program also keeps an online blog. It doesn’t actually work at the time of writing, but if the admin choose to make it into a program discussion area for himself where he can keep his own members constantly updated with his news stories. It can certainly reduce the workload for him as regards answering the same questions in support tickets over and over again. We’ll see if that happens anyway.

The business plan as presented by the admin is a bit vague really, to the point of being non-existent. Outside the world of online HYIPs that is, because that’s what JustDollars looks to have been presented as here. So as usual, and no disrespect to the admin but especially with higher risk high ROI programs, be careful. Don’t be afraid of the risk either because it’s always there in this business but be realistic about it. If you are joining JustDollars then do so as part of a diverse portfolio that is not too dependent on any one program.

OTHER NEWS FOR TODAY.

I have sent interview questions to another successful program today that is kinda flying under the radar still. I’m talking about CashMiner (reviewed here) which is still paying instant weekly cashouts of 8%-10% for an unlimited term. The program has been monitored by MNO for nearly two months already and has never let me down. Quite the opposite in fact, apart from a small glitch affecting the instant payments which was successfully fixed within the first week CashMiner seems not to have any issues anymore and gradually expands its popularity introducing new features all the time. The latest was the translation of the site into Russian so from now on all Russian speaking persons can understand the rules even better. As a native Russian speaker myself I can confirm that the translation was made by professionals and not by online tools auto-translators (which never actually come even close to being accurate). Russian language support is also available if you submit a support ticket. Russian became the third language after German was introduced earlier. I guess that the right time to interview the admin of the project is about now so I am sending some questions and hopefully he will find the time to answer soon. Here is the latest short update taken from the website of CashMiner:
“As announced in our last newsletter, CashMiner is now translated into another language – Russian. We also accept support tickets in Russian. More translations are on their way, just watch for our upcoming newsletters.
Best of Luck!”.

I would like to briefly mention one website not monitored on MNO but which recently scammed after only two months online. I’m talking about Eigeline. I believe many of you were lured into it by some self-proclaimed experts that screamed on every corner of the Net how promising it was and how profits from it were almost guaranteed. They analyzed Alexa graphs (of all things! Like an Alexa graph measures an admins honesty, or assumes a high number of visitors must automatically mean a high number of deposits), estimated their budget spent on advertising, and praised the script and security features. Only to be exposed later on of course after this nonsense was used to fill their pockets with referral commissions. Well, I suppose few people expected Eigeline to collapse so soon but it happened anyway and the investors who believed these experts and analysts were scammed.

Apparently, for the two months it was online nobody was in profit from Eigeline. Nobody except for those who raked in referral commissions. And the admin of course. I hope this will be a very good lesson for both “experts” and investors alike – you can’t say for sure if a program will be a hit and likewise you can’t tell when it will collapse. It’s simply impossible even if you analyze all the factors and all the features of a program. There are countless examples of less well designed and thought-out programs becoming huge hits while at the same time many programs with huge advertising and set-up budgets scammed very fast. Like Eigeline. You can guess and speculate (some say “analyze”, I say “speculate”) because there is only one factor that truly matters and is truly unmeasurable in the HYIP world – the admin’s intentions, and his plans to pull the plug at some a time known only to him. Apparently, the admin of Eigeline planned this short-lived scam from the beginning, otherwise he wouldn’t have “forgotten” to extend his hosting service. Believe me, a good hosting provider will make sure you don’t forget! These experts simply cannot understand that the HYIP industry is wildly unpredictable and changes constantly. It is rarely, if ever, in line with their half-baked analysis even more laughable conclusions.

I had to move Biffalo to Problem status on my monitoring due to some script issues. I remind you that I did this already once before but returned them to Paying status as soon as the issue was fixed. Now when you try to withdraw nothing happens and the money remains in your account intact where it has to be transferred instantly to your LibertyReserve or PerfectMoney accounts. Let’s hope they can fix this as soon as possible like they did before. Anyway, I will report on my blog about the outcome but for now all the future investments in Biffalo are temporarily not recommended.

It has come to my attention that PrivateDiamondClub might be paying selectively. I received two complaints from readers stating that their withdrawal requests had been in Pending status for two weeks now. I myself didn’t have any such problem with my account and was paid promptly every Tuesday and Friday. So I contacted the support of the program and the admin Lars last night and requested clarification regarding those pending withdrawals. Lars has replied to me already and said that the support would verify the validity of those complaints and that the payments would be properly processed if they are owed. Well, at least I received a reply but for the time being I still decided to put PrivateDiamondClub to Waiting status on MNO. I will update you on my blog tomorrow if the payouts are back to normal and if those guys are paid what they are owed by the program.

I got a heads-up from one MNO reader on my Shoutbox today regarding the layout “borrowed” by the administration of OriginFunds from http://bergersingerman.com/ Well, I must say that on closer inspection the design really looks pretty much identical so I asked the admin of OriginFunds about it. I suspect that this can be connected with the designer rather than the admin who probably purchased a ready made template from someone. Anyway, any clarification about that will be more than welcome from OriginFunds before it gets reviewed on MNO tomorrow.

I have been paid today by the following programs listed on my monitoring:
FairHYIP, FundsOMatic, JustDollars, OilStructure, OnyxInvClub, PawnShopFund, GlobalTradeManagers, HOX, FutureTrails, Flamanta, SeatRonacs, ReProFinance, YamaFinance, WorldPrivateFunds, 144CashAds, OptimumPride, CherryShares, GoldFinanceCorp, PrivateDiamondClub, YesInvestment, EzProfit, AvaInvestment and OriginFunds (the first payment received).

I hope to see you all on my blog tomorrow with the latest news and the events from HYIP industry! See you all then, guys!