Sep 19th, 2010 Archives

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BEWARE! THIS PROGRAM IS PAYING SELECTIVELY! PLEASE DO NOT INVEST THERE!

Hi everyone! I hope you’re all having a good weekend so far. I spent most of the day exploring Rotterdam and think it’s a pretty nice place considering how big it is. Much more relaxed and not so crowded like Amsterdam so it’s been an OK place for the weekend. I’m hoping things will slow down a bit more in Luxembourg next week as I think I need a vacation from my vacation, lol!

Anyway, being Saturday there’s a bit less news than usual to report on. But I’m pleased about that because I have other plans this evening anyway. Before moving on to the news that I do have for you I want to take a look at one of a recent number of new additions to my monitoring page and see if you think it might be suitable for you. It’s a short term program this time and it’s called OrderDollar. They’ve only started operations earlier this weekend and are offering just two investment plans.

Even at first glance what you see is pretty much what you get with OrderDollar. It’s a pretty simple and straight forward short term HYIP and it either suits you or it doesn’t, but there’s nothing too complicated about it. Of the two available plans one of them makes daily payments and the other pays on expiry. We’ll start with what I imagine will be the more popular choice, which is the daily payments plan.

It runs for a term of 5 days and is open to deposits starting from a very affordable $2 to a relatively small $500. During the term OrderDollar make a daily interest payment of 23%. You won’t actually be in profit until the last day (though it’s still a very short wait) and the final return will be 115%. OrderDollar have counted your principal as part of this so your profit is 15%. So for example, invest $100 per day and get $23 back per day until it adds up to $115.

OrderDollar‘s second investment plan is just as simple, though a lot more risky. This time the term runs for 10 days but only makes the one payment on expiry. It’ll cost you a minimum of $10 to join this time (still affordable) and the maximum allowed goes up to $15,000. In return for that OrderDollar are offering a payment of 135% interest, which includes your principal, to be made on expiry. Or in other words invest $100 today and get back $135 after a ten day wait.

Most of you will obviously see the increased risk being carried by the second plan. Just as surely as you’ll have noticed the extra profit available should it work out, so consider which (if either) of the plans is best suited to you. However on closer inspection one sees that joining the 5 day daily payments plan twice will bring almost the same result as joining the longer term on expiry plan for just one cycle.

For example, take the suggested $100 investment that I offered above. If you were to put this into the 10 day plan, it would (we hope) yield $135. Put the same amount into the 5 day plan and you have $115, but if you reinvest the principal on expiry for a second cycle you will have $130 in total but with the extra protection of daily payments. And were you to reinvest the full $115 after the first cycle, that would bring in $132.25 in total at the end of the second cycle. So for a vastly reduced risk it’s still possible to earn only very slightly less than in the 10 day on expiry plan.

If you do decide to press ahead with joining up the payment processors being used include LibertyReserve and PerfectMoney. A bit limited but hardly surprising given the recent experiences of some similar short term programs using the main Identity Verified processor. It’s not good, but that’s how a lot of people are seeing it now so it’s not the fault of the OrderDollar admin that that’s how things are going. Payments are made manually and will need to be requested. The admin asks for 12 hours in order to get everything processed.

DdoSWiz are the hosting provider and they have OrderDollar on a dedicated Staminus server. They are also running off a script licensed from GoldCoders. If you have any support related issues or just general queries then you can contact the OrderDollar support by filling out your details on the form provided and submitting it.

Unfortunately the OrderDollar texts are not original and are already to be seen on a number of other HYI related websites. Nothing out of the ordinary there I guess, it seems pretty common practice throughout the industry, particularly with programs that share the same designer. But I would therefore be even more dismissive than usual about the claims that the program is in any way involved with any genuine offline business. Regular MNO readers will already know all about such things anyway, I just repeat it once again for the benefit of those new to the industry. So proceed with the usual level of caution, which is a little higher with short term games I know, but do keep in mind that OrderDollar is practically brand new so if anyone is going to make money here, the ones that earn the most are the ones who get in at the beginning. But if joining please remember to only do so as part of a wider more diverse portfolio.

DAILY NEWS FROM THE INDUSTRY.

First of all I would like to apologize to MNO readers that I had to temporarily remove the voting feature on my monitoring page. I made this move due to the admin of ForexCompanyOnline hiring a spammer to put robotic votes there. He also admitted that he was sending spam to the members to advertise his program, hired a professional team of paid voters and threatened a massive DDoS attack on MNO if I don’t comply with his demands. So here is the blackmailing message from ForexCompanyOnline and my comments to my readers:
We paid money for advertising. You did not give us any advertising and any money.
Put our project status “Paying” – while still operating our project, either return the money.
If you do not fulfill your obligations, or not return the money 400 USD – your losses exceed your duty before us.
Now, you to understand, we hired a spammer, who works for USD 10 per day. Also we will have enough money and powerful DDoS-attack.
Here it trouble, in the case is not about money, but in principle.
You’re are acting like a bastard.

Here is my comment to this. ForexCompanyOnline came to MNO first and purchased Premium listing. The review has been published on MNO and I kept the program on Paying status up until the moment when I suddenly realized that without an explanation the admin blocked my account and prevented me from requesting withdrawals and subsequently deleted it. At the same time to alleviate the Not Paying status on MNO the admin of FCO started sending paid voters (maybe you remember one particular scam team who blackmail HYIP admins and threaten to spread all kinds of bad rumors and votes if you don’t pay them). Of course after finding that out I deleted them and kept the program on Not Paying status as well. Well, the rest is history as you may have noticed the bad votes and the spam that the admin of ForexCompanyOnline is now trying to flood you with. If this type of behavior, and indeed this level of character, isn’t enough to warn you away from this scam then at the very least you can recognize an act of desperation as a strong indicator that this program is in severe difficulty now and highly unlikely to be around long enough for anyone to profit from. Anybody other than the criminal who is running it of course.

I must say I’m not all that worried about the possibility of a DDoS attack because I’m protected by the best hosting provider in the industry – BlockDos. Many have tried to take down MNO in the past and all have failed. The thing is that my site would at worst be offline for a few hours while it could cost the attacker hundreds of dollars. So ask yourself why the admin of ForexCompanyOnline would spend his members money taking their revenge on MNO whose account they deleted by themselves, in turn acting on the instructions of another extortionist, a monitor. What an absolutely shocking way to run a business! It would be almost comical were it not for the fact that it’s investors money he is squandering on all of this, simply speeding up the process of his own program’s collapse. I just hope that MNO readers will not have too much money tied up in this pending scam when it happens.

I have nothing to hide and I’m not prone to be frightened by some stupid and baseless accusations. I simply do my job and if a program pays me and MNO readers I list it as Paying, if it stops paying or processes selective payouts it will be moved to Not Paying status. There is no exceptions for that and MNO will not be silenced and cover up for the scammers who infest this industry and refuse their members.

As you might remember the admin of Forexica accused recently their hosting provider Dragonara of not helping them when the site went down due to some technical error. The admin of Forexica recently forwarded me his emails exchange with Dragonara technical support asking them to restore the site and fix the issues. Very strangely their emails to support were simply ignored and their cry for help remained unanswered. The most interesting thing was when the admin tried to contact Dragonara writing to the same email address and pretending that he was a different admin interested in buying their services the support was very quick and replied pretty fast explaining the prices.

But I wonder if this policy of fast support is Dragonara only catering to their new clients before they pay for hosting or if they didn’t reply to those emails for a reason. Anyway, I have contacted the Dragonara technical support regarding the same issue with Forexica and their allegations but have yet to receive a reply. This is now over 24 hours ago so I hope that some representative of Dragonara reads my blog and they will be able to provide me with a reply confirming or denying the serious allegations made against them by Forexica. Here is my email to Dragonara to which I hope to receive a reply:
Hi Scott, The owner of the Forexica website has made some fairly serious accusations about Dragonara in the e-mail you can see forwarded and I have also been asked about this by several other readers and regular HYIP clients.
Can you please comment on what is going on?
Best regards, Paul
”.
Of course, I will keep you updated on the current situation and let you know on my blog when hopefully I receive an answer from Dragonara.

You might have noticed that PawnShopFund is now displayed as a big top banner on MNO forum. That doesn’t simply mean that the admin purchased it, it’s simply a beginning of a new series of MNO contests which will take place on the MNO forum as an experiment for two weeks starting tomorrow and which PawnShopFund graciously agreed to be the first sponsor. Every day a cash prize of $5 will be paid to the first person who will submit the first right or the most complete answer to the question that will be asked by myself or by the admin of PawnShopFund Frederick (an interview with whom will be on MNO soon). This way I tried to take the advice of some of my readers who suggested I to start some cash contests on my forum and use them to highlight some of the better programs being covered there. I believe that the admin of PawnShopFund and the investors alike will be satisfied with the results. Please note that the rules of the contest will be published on MNO tomorrow so stay tuned for your chance to win. And register your account in the MNO forum as only that way will you be allowed to submit your answers to the questions to win the cash prize.

Staying on the topic of the MNO forum, I must say that recently it really came back to life and is enjoying a revival. This has in no small part coincided with the always excellent work done by Tony from HYIPBlogger as the MNO forum moderator. He always submits some interesting topics to discuss and has really contributed to the debate and the overall forum performance. Here is a sample of some of the interesting topics started by him and well worth your while voicing your opinion on if you are a regular HYIP player:
Why Real Business and HYIP don’t mix?” (you can read it and say what you think here)
Let’s Talk: The current state of the industry” (read and say what you think here)
TOP 5 Long-Term HYIP Programs?” (share your view on top 5 programs among the best long-term HYIPs here)
HYIP admins: Plan for Everyone’s Success” (advice given by Tony to HYIP admins that will help them succeed, can be read here).
I hope that MNO readers will become more active in the forum and share what they really think. I myself also want to comment on them and will do so from time to time once I have some spare time.

Thanks also to everybody who submitted their votes in the two polls to help me better understand your opinions and your interests. The results will be counted and more questions will be offered tomorrow. Today I just wanted to remind you that in my recent MNO Reader Profiles poll which will help me determine the average age the leading option is “Under 25 years old” with 29% of the votes. While in the poll to find out your take on the current state of the HYIP industry the lead vote is: “I feel that the recovery process is slowly taking place but it will take weeks or months to return to normal.” with 57% of the votes. Please keep the votes coming as everything can change by tomorrow when the results will be drawn. Both polls are located in the bottom of my blog’s sidebars and to vote in them simply tick the appropriate box and click on “Vote”. After that your vote will be counted and you will be able to see the current results.

I have been paid today by the following program featured on my monitoring page:
OrderDollar (the first payment received), MajesticMoney, Vodapex, ReProFinance, OnyxInvClub, FutureTrails, YoKapital, OilStructure, UniteTrade, FundsOMatic, GloTrade, FiboTradePro, YesInvestment, EzProfit, WorldPrivateFunds, CherryShares, VividTrade, RedOrchidInvest and PawnShopFund. Please do not deposit for now to FxTradingWorldwide and TradersPower due to the delayed payouts. I have emailed their admins tonight and will update about their status on MNO tomorrow. Considering it’s a non-business day today I will give them the benefit of the doubt and will keep them on Paying status on my monitor till tomorrow.

A new program called SyFunds has been added to my monitoring list today. Well, it’s not that new but rather running for 4 weeks already. It’s not a serious age by any means for a long-term program like this which pays only 1.5%-2.2% for 150 business days and returns your principal on expiry (compounding is also available). The payment processor choice is not ideal but is still rich in variety as SyFunds accepts LibertyReserve, PerfectMoney, along with the less popular EcuMoney and Pecunix with an addition of Bank wires. The script is unique and the program is running on a dedicated server with SSL-protection. SyFunds is allegedly a registered entity in the Seychelles and provides telephone support to its members. I’ll take a closer look at the program in the upcoming review that I’m going to publish on MNO next week after receiving the first payout.

That’s it for Saturday, guys. I hope to see you all safe and sound on Sunday night with yet another review and more news from the HYIP industry, so stay tuned and see you all then!

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