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

Hi guys! Well it’s been my first full say here in Luxembourg (though I arrived yesterday) and it’s been like a beautiful Summer’s day. And what a place! I really didn’t know what to expect but for such a small city it really is very cosmopolitan and full of contrasts. Gigantic skyscrapers holding international banking corporations and European Union departments sit side by side with medieval castles and churches, and a colorful and eclectic mix of languages and cultures on the streets. I’m also looking forward to hopefully getting a chance to explore the Ardennes forest before the end of the week too so I hope the sunshine lasts.

Back to business for the evening now however and before the usual news update I want to take a closer look at one of several new additions to the MNO monitoring page. It’s a relatively new long term HYI program called SyFunds. At just over four weeks online it’s not exactly a new program in the usual sense of the word, but when you see the plans and the terms you’ll agree that in the greater scheme of things they are barely getting started. SyFunds have three investment plans for you to think about, and I’ll try to describe the basics behind them for you here.

First of all what’s going to be of most interest to the majority of investors is The Balanced Plan, because with a $20 minimum required to join it’s likely to be the only plan affordable to most. It runs for a term of 210 calendar days (30 weeks) but – and this is very important – will only make payments on business days. So over the course of the 210 days you will be a member, you can expect to see 150 payment days (Monday to Friday). The daily interest payment is 1.5% which adds up to a very reasonable 7.5% per week. By the time the plan expires you will have broken even after 67 (payment) days and earned a total profit of 225%. Your principal is then returned. Maximum spend is $999.

The SyFunds website already has a built-in profit calculator so there’s little need to give you a practical example. But I will anyway. Let’s say you invest $100. That gets you a return of $1.50 paid 5 days per week for 30 weeks. You earn $7.50 per week, will earn an amount equal to your initial hundred back after just over 13 weeks, and will see a total profit of $225. On top of that your original principal will then be returned.

Past that SyFunds start getting a little serious. Their Classic Plan is only available to you if you have $1000 to invest as a minimum amount. The plan also runs for 210 calendar days with payments only being made on business days. So again SyFunds will only actually pay you on 150 of the 210 days. But when they do, it’s a much more generous rate of 1.8% per business day. That comes to 9% per week and 270% (profit) on expiry. Your principal is then added to that. Maximum spend is $9,999.

And if that’s not enough for you then check out SyFunds‘ Disciplined Plan. With a $10,000 minimum required to join it’s not for the average MNO reader but for your information the plan runs for 210 calendar days, and makes payments of 2.2% on business days. On expiry that will have accumulated to 330% profit upon which your principal should then be returned.

I should also mention at this point that SyFunds allows you a compounding function, so if you want to take an extra gamble and let your payments go unclaimed while earning you more money then don’t forget to set the percentage.

On the face of it SyFunds look as if they have a rich and varied choice of payment processors. Well, it is varied. But a couple of the options aren’t all that popular. So as well as the almost omnipotent LibertyReserve and PerfectMoney. SyFunds are also accepting EcuMoney and Pecunix. Mind you Pecunix seem to have been around a long number of years now so despite their lack of popularity in the HYIP world I guess they can’t be all bad. Anyway, payments are manual so you’re going to have to request them yourselves. The admin of the program requires you allow him up to 24 hours to complete the transaction, but keep in mind that payments are not made on weekends. So if it’s late on a Friday when you send your request don’t panic if you’re waiting a couple of days.

SyFunds is another long term program to have bypassed the typical generic model industry scripts and have gone for a unique custom made option. While I can’t say I know all that much about their hosting provider – they wouldn’t be a well known name in HYIP related circles – they do have SyFunds on a dedicated server which is always positive no matter who the provider. The website is also SSL encrypted as certified by Comodo. There’s a variety of ways you can raise any support related issues or just general background questions with the admin if you have any. For a start there’s the usual ticket submission system on the contacts page. You may e-mail the support team directly if you prefer (not that it makes a difference) or you can use the telephone number provided if you prefer to speak to a SyFunds operator in person. Their postal address is located in the Seychelles, but for the benefit of those new to the HYIP industry these addresses are typically for registration and message collection purposes only. However if the admin agrees to an interview I’ll gladly ask him to clarify that for us.

All in all SyFunds isn’t a bad looking prospect and worth a little cautious optimism. The website’s texts aren’t all that original however, I’ve seen the very same words used in exactly the same context by a couple of other HYI programs in the past. I won’t use that against SyFunds (it’s more likely those sites share a designer rather than an admin) but I would take it as reason enough to dismiss any claims they make about being a legitimate investment company. There are a couple of other flaws in the design (more specifically texts that contradict themselves). Nevertheless I will of course also put that to the admin should he agree to an interview. I would suggest you not pay any attention to the so-called guarantees being made on your principal by the way. The thing is that if neither LibertyReserve nor PerfectMoney are prepared to guarantee your funds then SyFunds certainly can’t either. But approaching them purely as a high risk online HYIP SyFunds isn’t bad and if you like longer term programs and are trying (and you should!) to create a more diverse portfolio for yourself then leaving room for an affordable deposit in SyFunds might be OK.

DAILY NEWS FROM THE INDUSTRY.

Let’s start today’s news overview with some good news for the people that invested in OrderDollar (reviewed here). The withdrawals to both LibertyReserve and PerfectMoney are now instant. Obviously it was done to attract more attention to the program and compete successfully with other popular short-term program already offering this feature from the beginning. Anyway, I tested it last night and was paid from OrderDollar yesterday to both LibertyReserve and PerfectMoney. So I can confirm it works fine. I remind you that I added OrderDollar to my listing just a few days ago and didn’t even finish my first cycle yet. OrderDollar offers two investment plans (23% for 5 days and 135% after 10 days) and so far pay regularly. I hope with the introduction of the instant payouts it will become more popular among investors and last longer. Here is the official update from the admin of the program sent last night:
“Hello Members,
Due to many requests from our members, we have decided to change the withdrawal process to an instantaneous one. Yes, that’s right! Your money will be in your payment processor account, at the next moment you hit the withdrawal button.
Enjoy our new attractive instant withdrawals.
Regards, OrderDollar.”

Yesterday I finally got a reply from the administration of Dragonara hosting provider regarding the situation with the Forexica website. I remind you that the admin of Forexica asked me to contact the support of Dragonara and ask why their questions to them remain unanswered. Actually Dragonara (although they replied) went without answering my questions directly either, citing their privacy policy as the reason for not telling me. Here is their reply to my support request:
“Hello, There is no information I can report due to privacy policy of Dragonara Alliance Ltd. company, which is not allowing us to discuss any customer issues, publish any customer details or confirm of the service usage by any customer.”
Today all of a sudden the website of Forexica reappeared online but I don’t believe it will be able to survive and resume the payments due to the very long downtime caused by this bizarre behavior by their hosting provider. We still might only keep wondering what happened with Forexica which caused such serious troubles. One thing is for sure: this long downtime and the Not Paying status on many monitoring sites makes it hard to imagine that Forexica will stay back online. Anyway, I will inform you on MNO if the payouts resume.

There was also a strange situation with the payouts from MajesticMoney. I got PerfectMoney payout today instantly as usual while I have two pending payouts to LibertyReserve, although they are quite small. The admin whom I contacted today told me that the instant payouts are disabled and will be processed manually. It would have been nothing to worry about if earlier I hadn’t received a warning from one of readers telling me that the account of one of his referrals in MajesticMoney has been deleted after the member requested a large payout but was not properly paid. I hope that the admin of MajesticMoney doesn’t play tricks and doesn’t pay selectively now. Anyway, at the moment I would not recommend to invest in MajesticMoney and I have updated their status on MNO to Waiting status. I’ll put them back later if the situation changes but for now better be safe than sorry!

One of the most popular (#3 on MNO ranking) and long lasting programs on MNO (monitored for 225 days already) is RedOrchidInvest offering a wide variety of investment plans thoroughly discussed in my detailed review of the program published here. I must say that I forget the referral contest’s rules that were announced by the admin Nathan (interviewed here) some time ago so I didn’t do anything special to win. Still the admin decided to reward my account with some cash prize which is very much appreciated. The winners of the contest have been announced in the latest update from RedOrchidInvest which can be read below:
“We are pleased to inform you, who our other winners are from our referral competition. Our absolute winner is Matin, who completely fulfilled all the conditions, and won $10,000To support also all other contestants, we chose also those who fulfilled at least one of the conditions: 1. hyipcom won $100 2. klarka won $100 3. lukas won $100 A comfort prize of $10 will be credited to those, which were missing one of the conditions moneynews, LUKA, hyipref, dedek, yuryH,……..and other. The amount won by you, was credited to your RedOrchidInvest acc. balance, and it is up to you if you withdraw it, or multiply your winnings by depositing it into one of our plans. Congratulation to all the winners and thank you for the support of our website.”

I guess that it’s very convenient for some admins when some holidays are taking place in some country and it’s a perfect excuse for non-paying (sorry, non-trading) day, lol. Well, I had no idea that apparently yesterday in Japan they celebrated Respect for the Aged Day which prevented YamaFinance (reviewed here) from trading and you from having your account credited with profits in one of the following plans: 1.2% for 100 business days, 1.3%-1.55% for 110 business days, 1.6% for 120 business days. I wonder how the profits will be affected in the weekly plan offered by YamaFinance (6.25% for 22 weeks) because on the latest update there was no mention about that so I guess it affected only the daily paying plans. YamaFinance has been monitored on MNO for nearly three months and has managed to reach #12 on the MNO ranking already, slowly building a reputation as a very nice program supported by steady instant payouts. I guess instant payouts is a very good way to compensate for the lack of choice with the payment processors (YamaFinance only accepts LibertyReserve and PerfectMoney). More about the program can be read also in my detailed interview with the administration of YamaFinance that was published here. And for those who still have no idea why their account was not credited yesterday please read the following update from YamaFinance:
“Welcome to YamaFinance.
Dear clients, please be informed that today on September 20 our company has a non-trading day due to Respect for the Aged Day. The stock exchanges TSE, OSE, TFX and TOCOM also do not work.
The clients have a right to carry out the investment operations and to withdraw profit but the interest will not be paid due to no trading this day. We hope for your understanding and adequate attitude towards the company values.
YamaFinance – Peak of your financial imagination.”

It looks like the administration of FxTradingWorldwide is doing everything possible to stabilize the program to continue in the long run and cut out the hit-n-runners that might damage the program since one dishonest monitor put a fake warning on their status. There were some delays with the payouts lately and I got a couple of complaints from my readers about it. Although I have to give the credit to the admin of FxTradingWorldwide who addressed these issues very fast and paid to everybody. Now that the major changes will come into effect in October this should stabilize the program and leave only the investors who want to be there. So temporary measures until October will be imposed: daily limit withdrawal will be $100, the payouts will be processed within 48 hours instead of the previous 24 hours, investments into the 7 business day plan will be limited to $100 per member, and some others. I will be adjusting my review of FxTradingWorldwide soon to reflect the upcoming changes, or else publish an updated review on MNO. Anyway, please make note of the current changes discussed in detail in the latest newsletter if you intend to invest with FxTradingWorldwide or are already a member there:
“As we aware that there are many adjustments to our system and investment plan in past 5 months to sustain our system and best service of our program in long term.
We faces the situation that the major trading account size move too fast due to the existing plan create possibility to withdraw principal with profit out in short term rather than long term investment.
Since beginning of August, we withdraw funds to members continuously and find that the daily request volume reach the daily reserve limit many times.
To sustain our trading size, we decided to adjust our plan which will be affective in 1st Oct, refer to announcement on 7th Sep.
We are in process to invest more funds into system to compensate past month withdrawal volume and this will takes approx 1 week to work on.
Anyway, after carefully discussed over past week, we propose and decided the following actions to clear out our pending withdrawal as below.
1. From today until 30th Sep, the daily withdrawal limit per user per day is 100$ , this limitation will be until 30th Sep on, and will back to use normal limit in 1st Oct.
The process will takes within 48 hours, if you find there is long waiting time, please direct contact to admin@fxtradingworldwide.com
2. The request before today before 21th Sep, and below 100$ will be processed within 22th Sep, the request over 100$ please send direct email to admin if you are in urgency then we will put your request in high priority
3. Regarding to the investment plan, we update our adjustment as below
3.1 Investment 7 days plan, investment range 1-100$ per transaction, start from today. If you invest over this range, we will manually add the profit one time when you complete plan (notice directly to admin@fxtradingworldwide.com)
3.2 Stop 15 days plan, to simplify overall investment
3.3 Profit adjustment start from 1st Oct (Discard news on 7th Sep)
– 7 days plan 1.00% maximum
– 30 days plan 1.50% maximum
– 60 days plan 2.00% maximum
– 90 days plan 2.50% maximum
– Special package 4 weeks (20% per 2 weeks)
For members who invest in 90 days plan and find that this new profit range not meet your personal requirement plan, please direct contact admin and we will consider to refund you in special case within 2 weeks after request
4. After this month and, we plan to implement auto withdrawal to reduce pending traffic, please wait for announcement in next few weeks, This concept will be like if you request below 20$ per transaction, it will be instant withdrawal.
Have a nice working day
Admin. FxTradingWorldwide. Your Money Factory”.

Did you ever need an e-currency exchange? Do you have AlertPay but need LibertyReserve? Do you often exchange PerfectMoney to LibertyReserve? Then you simply can’t avoid knowing something about undoubtedly the best exchanger online – Xchanger.org. If you have never herd of them but are curious and would like to try their services there is no better time than the present as the rates just became even more attractive with new incentives for members being announced (you have to register your account in Xchanger in order to use its services. In the latest update the admin of Xchanger Andrei (interviewed here) announced a 20% discount code for first-time orders, 15% discount code limited in time, and introduced some special promotions with as low as 0% exchange rate in some directions. Please see the information in the latest email from the administration of Xchanger for the great promotions you can take advantage of if you use them for exchanging the most popular e-currencies:
“Hope you had a great summer.
There are a few topics we’ll cover in this newsletter:
1. 20% off Discount Code (First-time orders only): XCFSTIME. Use this discount and you’ll save 20% off the fees charged. The discount code only works for those who haven’t made any exchanges yet (first time orders only).
Let your friends, readers, followers know about this GREAT OFFER. You can refer them and start earning 15% of what we make for years to come.
More details about our Affiliate Program can be found here.
After your first order you’ll continue to receive further discount codes from us in the e-mails we sent you once your orders have been processed.
2. 15% off Discount Code (all orders): XC3am72k. This discount code saves you 15% off the fees we charge. But there’s a catch: it has a limited number of uses and it expires either when all are used or on next Thursday, the 28th of September. (hint: it will be the first option 99.99% considering the activity we have). So, you don’t wanna miss out on this if you have an exchange scheduled the next few days. Act now: http://xchanger.org
3. Testimonials. We’ve had a great success since we’ve launched the ‘Testimonials’ section on our website. There are at the moment of speaking over 230 published testimonials from our customers (click here to see them). These are all customer-written and we want to thank you for taking a minute out of your life to leave a testimonial. It’s greatly appreciated!
We’ve had a feature implemented so that, after you leave a testimonial, you’ll get an e-mail in which you’ll find a gift/surprise. This is our way of saying thank you for your time and dedication.
4. SPECIAL PROMOTION. We’re having special promotions from time to time to balance our reserves among different e-currencies. This a great way for you to make the exchange you wanted at an extremely reduced rate for a very limited time. You can be sure these promotions won’t be active for very long. Don’t miss out, act now!
Liberty Reserve -> SolidTrust Pay = 0%
Liberty Reserve -> Perfect Money = 0%
Liberty Reserve -> GlobalDigitalPay = 0%
GlobalDigitalPay -> SolidTrust Pay = 0%
GlobalDigitalPay -> Perfect Money = 0%
Perfect Money -> SolidTrust Pay = 0%
AlertPay -> SolidTrust Pay = 4%
Don’t miss out, act now!
5. New e-currencies. If you have any suggestions of what e-currencies we should add to xChanger.org system, please open a support ticket here.
Sincerely yours, Xchanger team”.

You might have noticed that StrictPay was missing from that list of e-currency offers. The thing is that StrictPay has been unavailable for several days already, but not many members seem to have noticed as most of them accepted that they turned into a scam several months ago, contributing even further to the current dire state of the HYIP industry. The administration even went so far to announce the second round attracting new funds while the old funds were still frozen and nobody could withdraw them. I must say that this was the dirtiest trick I’ve ever seen in the HYIP industry. We all saw many payment processors appear, grow into something relatively popular, and then steal the contents of the accounts from the members. But what StrictPay did was a total scam. They used some fairy tale about government agencies in Panama freezing their bank account while investigating certain online HYIPs as an excuse for starting the second round without refunds for the first round (just like many HYIPs). Fortunately, due to the strong opposition of MNO and a few other truly independent bloggers StrictPay didn’t manage to succeed in the second round of their scam and hopefully disappeared for good.

I say this because I never believed a word about their intention to give the money back to the robbed investors, or even the HYIP admins. They simply waited and hoped that new money would flow in, helping them to build the successful foundation of their ponzi, round 2. There isn’t a shadow of doubt in mind that they were a ponzi project that paid till the funds were depleted and until there were less money coming in than money going out. Of course, they themselves were not at a loss for sure but at least they didn’t succeed in round 2 which is a good sign for those who considered them a scam since their latest newsletter and a definite bad sign for those who hoped to get their money back which was not going to happen anyway. So I guess StrictPay is now a closed chapter and they are probably now making a new project to launch in the near future. So beware!

By the way, since StrictPay is most probably gone the map of payment processor popularity will also have changed. So among the five most popular payment processors what is your favorite now that the HYIP industry is in deep recession? Please choose among LibertyReserve, PerfectMoney, AlertPay, SolidTrustPay, GlobalDigitalPay and others (if you use other payment processor). This will be the topic for the new poll that will start on MNO today and which you can find under my Shoutbox and check out the latest results of it on MNO forum thread here.

What about the results of the recent poll which was aimed to know your opinion on the current state of the HYIP industry that concluded tonight? The results were not unexpected to me as 55% of MNO readers are very cautiously optimistic about the current shape of HYIPs and “feel that the recovery process is slowly taking place but it will take weeks or months to return to normal.” 21% and the second most popular option are taking a more pessimistic approach saying they “think that HYIP industry is still in crisis and I’m not sure when it’s going to recover.” 14% “suppose that it will never recover as the damage was too big to repair.” And finally, only 9% “believe the HYIP industry has fully recovered and is on the rise now.” Well, I must say I had the same opinion and am cautiously optimistic about the state of things now. We will wait and see in a few weeks as hopefully things will pick up then.

Here is the list of the programs that paid me today and yesterday (in no particular order and only from Premium and Standard listings):
SyFunds (the first payment received), OilStructure, FundsOMatic, OptimumPride, UniteTrade, OrderDollar, VividTrade, 144CashAds, Vodapex, CherryShares, Flamanta, YoKapital, PawnShopFund, FutureTrails, ReProFinance, FxTradingWorldwide, RedOrchidInvest, TradersPower, MutualTreaty, EzProfit, YesInvestment, GainBucks, FiboTradePro, YamaFinance and WorldPrivateFunds.

By the way, if you haven’t noticed yet the site of WorldPrivateFunds became multilingual with a third version – Russian – having been added. And I must say that it’s a proper translation, unlike the gibberish one gets from online translators. You can read more about the site in my review of WorldPrivateFunds (published here) or my interview with its admin Samuel (here).

And finally, the bit you’ve been waiting for, the new cash contest question (sponsored by PawnShopFund) has been posted on the MNO forum and you can check see it here. Please be sure to include your LibertyReserve account number with every reply where I can send the $5 cash prize if your answer is correct. Yesterday’s question was correctly answered very fast so the money was sent to Mike, one of the regular MNO readers. So who will win on the second day of the cash contest sponsored by PawnShopFund (reviewed here)? Watch out the forum thread and MNO blog tomorrow for more details.

That’s it for today. Thanks for your attention and hope to see you all on MNO tomorrow with more news from the HYIP industry. Stay informed and always be on the money with Money-News-Online!