21/10/2010. DigitWallet Review and Daily News from the Industry
BEWARE! THIS PROGRAM HAS STOPPED PAYING! PLEASE DO NOT INVEST!
Hi everybody! It looks like it’s been a pretty active week so far for short term HYI enthusiasts with a number of decent looking games emerging. One of the latest ones added to MNO is called DigitWallet and in what will shortly prove a very difficult area to distinguish yourself in (if it becomes over saturated I mean) I think they have enough individual features to help them stand out and attract enough investors to last a few cycles at least.
In many ways DigitWallet‘s plans are a little better than some of their short term competitors in the sense that they have options that will make daily payments and not on expiry. It’s not that they’re that much more profitable as such – in fact they’re fairly standard in that way – but it does make your money at least partially more secure and it’s much easier for you to keep track of the program’s “paying” status on forums and the like. The other thing is that some of DigitWallet‘s competitors have asked for minimum deposits in some of their plans so ridiculously high as to render the entire plan utterly useless. Not so with DigitWallet.
So the first of your three options pays on expiry after just 1 single day. It will cost you a very basic $5 to join. Anything between that and $499 (which I guess is the budget for most readers) is offered 105% interest, principal included, on expiry.
Should you wish to gamble a little more then for a deposit between $500 and $4,999 DigitWallet offer 110% interest on expiry. And for the really big players who deposit $5,000 or more with no published maximum 115% is the offer.
The remaining two plans see DigitWallet offer daily payments, though again for extremely short terms. The next one we come to runs for 2 days and costs a $5 minimum to join. Deposits up to a maximum value of $499 will be rewarded with payments of 60% interest per day, or 120% in total including your principal.
If you’re prepared to take a more serious gamble and spend from $500 to $4,999 then 65% interest per day is offered, giving you a total return of 130% which includes your principal. Anything over and above $5,000 is offered 70% per day (140% in total).
The third, final, most rewarding, and riskiest plan from DigitWallet runs for a term of 3 days. Though with a $5 minimum investment the risk in financial terms is only what you make it. Anyway, for deposits up to a maximum value of $499 you will receive a daily interest payment of 45%. This adds up to a total return – including your principal – of 135%.
Larger deposits are again rewarded with larger payments with amounts between $500 and $4,999 receiving 50% interest per day for 3 days (150% total return including principal). Anyone risking $5,000 or more is being offered a 55% return per day, which including your principal comes to 165%.
I guess if you really do have $5K to spend you really shouldn’t be getting too greedy here, but if the higher interest rates in the latter plans are just too much to refuse then as usual with programs like this one I would have to suggest splitting your deposit between the plans which will help to both maximize earning and reduce the risk to your money. The longer the individual plan runs for, the smaller the share of your principal it should receive. But I suppose you all know by now to base these things on your own level of experience. If joining then be aware that the only payment processors currently in use – which I don’t expect to change – are LibertyReserve and PerfectMoney. So all transactions are final. On the plus side however payments are instant which is always popular with investors. You will still need to log in to your account and request them, but once done you should hopefully see your money in your chosen e-currency account within seconds.
For a short term HYI website DigitWallet have done well enough with the security and design. BlackLotus are the hosting provider and they are keeping them on a dedicated server with their highest Enterprise level of protection. The script is licensed from GoldCoders and the website is protected by SSL encryption. Any questions can be submitted to the admin by filling out your details in the support form provided on the contacts page. There is also a Live Chat feature though this is not a 24 hour service and there is nothing to indicate what (if any) work schedule they keep there.
The very first line you will see on the DigitWallet homepage unapologetically states that the program “is a private investment program founded by experts and professionals in the HYIP market”. And if you ask me that’s as good a description as you’re ever likely to see of a basic HYIP related online game. Anything else they may or may not claim to be is a matter of speculation and not proven. However with so many brand new short (and very short!) term HYIPs springing up these last couple of weeks DigitWallet might prove to be competitive as they offer daily payments at affordable minimums and with shorter waiting times – some things missing from a couple of others that could make DigitWallet a more attractive option to fans of short term games. Just remember to always heed the usual warnings.
A number of people are already in profit so we know that much is working fine. For how long is anyone’s guess but I can tell you that a bit of planning has gone into this one and it wasn’t just thrown together overnight. The reason I know this is because the admin contacted me about monitoring over a week before the site ever came online. So join if you like the odds but do keep it sensible and keep it fun. Which is after all what a short term HYIP should be.
DAILY NEWS FROM THE INDUSTRY.
Let’s start today’s news with the exciting update from the admin of EarnPlaza Matt (interviewed here). His program is paying 110% after 5 days, 130% after 10 days and 160% after 15 days to AlertPay, LibertyReserve and PerfectMoney for one month already and I think it’s a truly great achievement. But can it last for a longer period of time? I believe so, as with such a dedicated admin wonders can happen sometimes. To celebrate its first month anniversary the admin of EarnPlaza decided to reward the members who want to deposit big amounts of money ($500 or more) into his program with a 10% bonus on their deposits. In addition to this news, Matt also mentioned the three winners of the recent referral contest (and MNO was one of them – nice surprise for me!), announced about some changes in the design to make the site even more convenient and user-friendly for members and even about the planned switch of hosting from the current DdosWiz to the more solid Dragonara. I will look forward to the plans being implemented and will discuss them on MNO when I get the next newsletter from EarnPlaza (reviewed here). To read the latest one please have a look below:
“Hello. I would like to congrats everyone, EarnPlaza is one month old. I think it’s a great achievement. Thank you all of your great support during this month, without you we won’t reach this for sure.
As I promised on a one month anniversary we will have a lot of surprises and gifts. We have launched anniversary special offer which is valid only one day. All members who will deposit at least $500 by any ecurrency on anniversary day will get massive 10% bonus on their deposits. But that’s not all, first member who will make anniversary deposit via LR, AP and PM respectively will get also 10% to his account for withdrawal to ecurrency he made deposit with.
We would like also to congratulate our top referrers:
1. hustla88 – $200, 2. hyipsuccess – $100, 3. moneynews – $50
Thank you for a good job you are doing and please contact us with payment processors ID you want to receive your prize.
Some more news, tomorrow we will change little bit EarnPlaza design and I hope you all will like it. It will became more professional, more beautiful and of course it will be very easy to use. Currently I am working on a new more secured server and hopefully until the end of this week we will move to a secured Dragonara server. That’s all for today, invest with EarnPlaza and enjoy your earnings.
Best regards, Matt Powell
EarnPlaza Support”.
As you might noticed last night I was not worried about the recent downtime from UniteTrade (reviewed here) as I have a huge level of trust in the admin built by the months of monitoring the program which will soon celebrate seven months online. Apparently, the downtime which was caused due to moving the site to better servers and upgrading their security and protection levels which was vital for further development with daily growing membership took more time than originally expected. However I must say kudos to the admin of UniteTrade Andy (interviewed here) who kept everybody up-to-date regarding the situation and responded to all queries on UniteTrade‘s official forum that stayed online and available for the members to receive the latest updates. Fortunately this time everything went smoothly and the site had been successfully transferred to new servers where the improved security and top-notch protection will make it even more popular and ensure further growth.
The other important feature that was introduced today and improved the usability of the member’s area for UniteTrade‘s members is the addition of the real-time countdown that can be see if you click on the “Your Deposits” tab in your account. Opposite each deposit and the date and time when it was made you can see a timer which tells you precisely to to the second the time when your deposit is going to expire. This feature was promised to be implemented some time ago on request of the members and now it’s available in the accounts for your convenience.
From other news regarding UniteTrade I want to emphasize the very important issues that might happen in your account (for me everything was alright, by the way). During the transfer of the site to another server and security upgrades it became apparent that for short period of time some investors made deposits but whose accounts were not properly credited. If that includes you then you’re required to contact the admin with all the necessary information in order to add your deposit manually. The same applies to the members who might notice blanks in their e-currency accounts and since you cannot fix them by yourself for security reasons you should contact the admin and provide the right accounts. Anyway, for such members there was a temporary solution added which allows you to write your account number in the comment blank field to your withdrawal which is available for those whose accounts might be blank. And finally, in the very recent short update posted on the UniteTrade website it was detected that the recent deposits made via AlertPay might not get credited instantly due to some glitch with the AlertPay payment system. So those members affected are again asked to contact the admin and provide all the necessary info:
“AlertPay Deposits
There seems to be a temporary glitch regarding AlertPay deposits getting added instantly. If your AlertPay deposit has not been credited to your UniteTrade account automatically, you are kindly requested to contact us, and provide us your username, transaction details of the deposit, and the plan you wish to invest in, so that we may add the deposit to your account manually.”
As for other deposits in UniteTrade, they should work just fine after the upgrade is fully done and the instant withdrawals to LibertyReserve, PerfectMoney and AlertPay are working fine as well. I believe that will be the end of the inconveniences due to the recent security upgrades and that from now on we will only see them back to normal. In return for a job well done the admin of UniteTrade asked members to support his program in every possible way and promised to deliver more pleasant surprises to everybody in the near future. He seems to be very enthusiastic about the future of UniteTrade and is confident that the jealous competitors will not be able to bring it down now that it’s so strong in terms of both growing membership and security. According to the admin, his program is simply unstoppable and I can see the reasons why quite clearly. I can see also that the winner of the referral contest was a member “Advertsier” who referred a record amount of members for the last week when the contest was running. I can confirm that this guy is real and not some fictional character as I saw many readers coming to MNO from his referral link to read the review and interview of UniteTrade.
Ok, enough about UniteTrade. I believe you will be able to read and analyze all the info from the newsletter sent by the admin just after the program successfully returned online this morning:
“Hello UT Members,
First of all, we would like to apologize to everyone, for any kind of inconvenience caused, with the recent server migration process we were having, to have the best security, protection, and speed, for UniteTrade. We have successfully completed the server migration process, but we need to analyze it more, by conducting the required test procedures, and make sure the security and technical features are working perfectly.
It is possible that the information related with the account of some of the members of UniteTrade, like the e-currency account details, e-mail ID, and other details might have changed, while we were migrating our domain to the new and secure server. So every member of UniteTrade is strictly asked to log in to your respective account right now itself, and make sure the details associated with your account are 100% correct. If you find any mistake in the details, you should contact us immediately, by sending us an e-mail to admin@unitetrade.com, or by using the support form, and provide us with your correct e-currency information, and/or e-mail address, along with your security question and security answer. We will correct them as soon as possible.
Some members, who made a deposit in UniteTrade, might not have got their deposits credited to their accounts, due to the server migration process we were having. Such members, who did not get their deposits get credited in their respective UniteTrade accounts, are requested to contact us, by providing us their username, the transaction details of their deposit, and the plan you wish to invest in, using the support form.
We have a kind request to make to every member of UniteTrade. If you any kind of negativity anywhere, like bad posting in forums, or negative voting in the monitoring sites, do us a favor in return for the quality services we are providing you with. Please contact the concerned officials of the monitoring sites/forums, and ask them to remove such kind of negativities, which are completely invalid.
Our website is now running on a very strong and secure server, with the highest possible DDoS protection. UniteTrade has now taken a new path, for its very long journey ahead. The funds associated with UniteTrade are growing day by day, at an exponential rate, and so are the backup funds too. If our estimation serves right, our balances are increasing at an amazing rate of 300% each month, and that means, the lifetime of UniteTrade is getting prolonged day after day, which in other words imply that, UniteTrade is going to be here for a very long time to come. We have been online for almost 200 days now, and we wouldn’t be surprised to see UniteTrade surpassing another twenty times of 200 days of lifetime.
Obviously, some jealous competitors and other admins, see UniteTrade as a threat to their business, and try to take down in every possible way they can. But that is not going to happen, ever. UniteTrade is here, not only for Andy, but for the entire 15,000+ members we are having, which in fact is increasing at a rapid rate, day after day. If such kind of jealous people try to take down UniteTrade, then keep in mind that these people are involving in a fight with the entire UniteTrade family, a fight which they will never be able to win, because of the strength of the UniteTrade family.
And finally, that moment for which you all have been waiting for, has arrived. Our very first referral contest has officially come to an end. The contest was a huge success, without any doubt, and it definitely helped in bringing a lot of members to UniteTrade. Before I declare the winner of this contest, I would like to specially thank each and every member, who actively took part in this contest, did their best to promote UniteTrade, and made this contest a huge success. Without you, this contest would not have been such a success, and we would like to make use of this opportunity to express our sincere appreciation to each and every member of UniteTrade.
Now let me take the honor to announce the person who was fortunate enough to become the winner of this contest, due to the hard work he/she put in promoting UniteTrade, in getting the maximum number of active referrals. The username of the member who is going to be given that $1500, which most of you have dreamt of grabbing, is “Advertsier”. “Advertsier” managed to get 360 referrals in total, out of which 243 of them are active. Considering the number of referrals he/she got just within such a short period of time, it is certain that he/she did a great job in promoting UniteTrade to the best of his/her efforts, and he/she was ambitious enough, and had his/her aim fixed at the prize money, to win the $1500 we were going to give away to the winner. We are really pleased to see such kind of members in UniteTrade, and we would like to congratulate “Advertsier”, on behalf of the entire UniteTrade family, for having won this contest, as a result of his/her hard work.
“Advertsier”, you are kindly requested to contact us, and let us know in which e-currency you want to get paid the prize money of $1500.
Definitely, most of you will want to have, still more contests from UniteTrade, to stand a chance to win prizes at UniteTrade. We are not going to end with the contests here. We will be having a lot of contests in the coming future, the details of which will be made available, through the newsletter we send out, and in our very own forum (www.forum.unitetrade.com). Remember, we are offering $0.01 for each post you make in our forum. So why waste this money making chance? Join our forum today itself, and start earning money simply by contributing to the discussions being held in our forum.
As we had promised a few weeks back, we have successfully implemented the new and improved feature, pertaining to the withdrawal system. From now on, you can see the remaining time left for your deposit to expire in the form, “A days B hours C minutes and D minutes remaining”. So enjoy the new feature, and every moment with UniteTrade.
Members of UniteTrade, I have a kind request to you. I found some people trying to hurt UniteTrade, by making negative comments in the forums like, MoneyMakerGroup.com, DreamTeamMoney.com and TalkGold.com. If you happen to be a member of these forums, or any other forum which have the topic of UniteTrade in it, please control our topics in such forums, and promote UniteTrade in the best possible way you can. For instance, you can post your payment proofs, and optimistic ideas of/for UniteTrade. In any case, whatever these jealous people do to hurt UniteTrade, we are never going to get hurt, even a bit, thanks to the support from our members. UniteTrade has a bright future ahead, UniteTrade will outlive everyone’s expectations, and UniteTrade will never stop, because, UniteTrade is simply, the unstoppable. Members all over the world are making fortune with UniteTrade.
We have a lot of surprises coming ahead for everyone, which will make UniteTrade stronger, better, and more powerful, than ever. So stay tuned!
United we stand, divided we fall. UniteTrade, so let us all stand together, united forever!
Regards, Andy. UniteTrade.
***** ATTENTION *****
It is possible that the information related with your UniteTrade account, like the e-currency account details, e-mail ID, and other details might have changed, while we were migrating our domain to the new and secure server. So you are kindly and strictly advised to log in to your account right now itself, and make sure the details associated with your account, are 100% correct. If you find any mistake in the details, you should contact us immediately, by sending us an e-mail to admin@unitetrade.com, or by using the support form, and provide us with your correct e-currency information, and/or e-mail address, along with your security question and security answer. We will correct the required information, as soon as possible.
If you made a deposit in UniteTrade while we were transferring our domain to the new server, and did not get it credited to your UniteTrade account, you are kindly requested to contact us, by providing us your username, the transaction details of you deposit, and the plan you wish to invest in, using the support form.”
It looks like the admin of DigitWallet that was just reviewed on MNO tonight intends to send out regular newsletters to members and even share some useful tips with them. Well, I believe that the newbies will be the ones that will find them useful as for the readers that used to refer to MNO on a regular basis they should be already familiar with all the basics. For other members the most important thing will stay the updates from the program itself. According to the admin of DigitWallet the first two days online were quite successful in terms of deposits and growing membership, possibly attracted by the wide advertising campaign spread out on the famous forums and monitors. The instant withdrawals to LibertyReserve and PerfectMoney and the very profitable investment plans (105%-115% after 1 day, 60%-70% for 2 days, 45%-55% for 3 days) are definitely largely contributing to this growth as well. Even though the plans look pretty simple to calculate the admin added some examples for different amounts. You can find them on the site and are also mentioned in the latest newsletter from the program below:
“Hello all DigitWallet members, this is our second Newsletter and I hope you find it interesting. This time I would like to discuss with you following:
1. Overall DigitWallet‘s statistics and rating sites
2. Frequentely asked question and investment examples
3. Today’s Daily Tip – “Safe Investing”
DigitWallet has been online for 48 hours as of now. There are 470 members registered (320 active ones) and $15,000 deposited. DigitWallet has paid out $2,800 instantly so far. The funds are doing stable and I am satisfied with our achievement so far – we’re one of the fastest-growing program of it’s kind. I’m looking forward for a reliable and continuous growth in future.
Majority of our service monitors already have changed DigitWallet‘s status to PAYING. I would like you to leave a feedback as well at your favorite forum or rating site. Here you can find our partners: http://digitwallet.com/?a=cust&page=ratings
It is not a must, but if you are happy about our performance, leaving a feedback will show the world that DigitWallet is a real opportunity.
Today I would like to answer another frequently asked question – “Is the principal returned or earnings already includes it?”. The answer is, your initial spend (principal) is already included in the return. For a reference you can check DigitWallet‘s investment samples. They represent how much you can earn in each plan for different deposit amounts.
– Example for an deposit up to $499.99: www.digitwallet.com/?a=cust&page=example1
– Example for an deposit up to $4999.99: www.digitwallet.com/?a=cust&page=example2
– Example for an deposit starting from $5,000: www.digitwallet.com/?a=cust&page=example3
I hope you find these examples useful. Anyway, you can always contact me if you need any help on calculations or you need any advice regarding our investment plans. I will be happy to explain at my best.
The latest issue I would like to address this time might be a reminder for all HYIP members, especially to the newcomers. I will try to give you regular tips in our further newsletters, but this time I find it’s important to talk about the safety.
“Safety” in the meanings of your passwords and other private information. Surely the most common tip you might have heard already is – never use the same password for your e-mail address, HYIP account or e-currency account. Use unique and complicated passwords to avoid any hacking or fraud attempts. Let this be the golden rule in the first place of safe investing.
That’s it for the today’s newsletter. Thank you for registering at DigitWallet and being a part of it. I’m seriously looking to make DigitWallet the best of it’s kind and your support is much appreciated.
You may respond to this e-mail at anytime if you have any question, suggestion or just want to talk with me. Communication and instant transactions is DigitWallet‘s priority.
Thank you for the attention, David
DigitWallet Team”.
AlertPay has been added by one popular program today as an accepted payment option – WorldPrivateFunds (reviewed here). From now on all deposits are accepted via LibertyReserve, PerfectMoney, AlertPay and SolidTrustPay payment processors and you can invest via them into the following plans: 0.9% for 10 business days, 1.1% for 30 business days, 1.4% for 60 business days, 1.8% for 90 business days, 2.2% for 120 business days. I believe that will further strengthen the leading position of WorldPrivateFunds which has been monitored by MNO for three months already and is currently occupying the #17 position on my rating. Here is the latest update regarding the addition of AlertPay sent out by the admin of WorldPrivateFunds Samuel (interviewed here):
“We are pleased to inform you that we added a new payment processor – AlertPay.
Our account is a business verified account.
With this new payment option all investors will have more choices for their investments.
Do not hesitate to contact me for any problem.
Kind Regards. Samuel Arildsen. WorldPrivateFunds Admin”.
In his recent update the admin of 144CashAds Lewies (interviewed here) admitted that his scientifically constructed investment plans (read more about them in my detailed review published here) appeared to be very fruitful and that the program that is offering such plans is more sustainable than all the other HYIPs that often cannot deliver what they promise. Unfortunately, I was not able to read the comment on MMG forum mentioned by the admin as the link appeared to be broken but I understand what he was trying to say. I believe that if we had more such unique programs like 144CashAds the HYIP industry would be more interesting as there would be the competition between ideas and not personalities. Here is the latest news from 144CashAds that has been monitored by MNO for nearly three months:
“Hi. Thanks for your continuing support. Please vote for us. All payout done.
Welcome all new members. Please feel free contact with us if you need any help. You can get detail about how plans work in http://144cashads.com/index.php?p=about
You can also study MNO and other review site who explained it clearly.
Today I found a posting in MMG forum. Where one of our member wrote 144CashAds bring him back in hyip industry. Here is the link http://www.moneymakergroup.com/144cashads-…html&st=645 Post #660
I do believe that this comment will help us to go ahead with our activities.
Hyip industries are based on reality as other industries are.
Even very professional hyip admin who is familiar with high risk investment like forex, betting etc will fail with high investment like 15 to 20K$.
Because need to return high amount in very short time..
That is why we create scientifically plan structure with max share value of only 2k in each plan.
Here also give and take policy is followed.
Honesty of hyip admin generate more trust among members. After completing 114 days we are now financially 30% to 33% stronger than at the beginning of the project.
This phenomenon definitely encourage us.
Thank you all.
Lewies. Project admin”.
The day is coming when the first payouts on expiry from MoneyPallas should be processed. The program has been online for three days only and so the first payouts from the 110% after 5 days deposits should be released on Saturday when I plan to review the program on MNO. The other two plans on offer (150% after 15 days and 200% after 25 days) are way off on the horizon still but we will be the better judges of the program when the first payouts are issued. In today’s newsletter the admin of MoneyPallas discussed the advantages and disadvantages of big advertising campaigns that we often see in the HYIP industry and analyze the marketing skills of some administrators in quite a straightforward way. By the way, the answer to the question what advertising strategy MoneyPallas is going to follow to attract the investors to the program can be found in their latest newsletter:
“Hello, we have 3 days since program launch, very soon first deposits will expire and we should have a nice wave of Paying votes for MoneyPallas in the blogs, forums and monitors. This is really my expectation once our relation with investors is built by confidence and results. MoneyPallas is being well promoted – over 15 monitors and blogs are listing us – but we have a very realistic planning for advertising, it includes responsible use of program funds. I want to take this topic to start the first hint, on every newsletter I will bring a hint for better investing, so let’s go.
First of all I’m totally favorable to marketing, this builds your brand and stimulates competition, benefiting customers who now receive services increasingly sophisticated and the companies or professionals that works hard to deliver their best always. There is a very old jargon that says: “anyone who advertises, sells”. The problem comes when you don’t have a good product/service, or you hazard your budget with advertisement risking the future of your business. I see both situations are very common in the Hyip industry, of course majority of Hyip administrators have no marketing skills but they still spend lots of money advertising their sites often in medias with no effect. The source of money is also very clear: funds invested by members. My point here is warning investors that building confidence and providing results is more effective than huge advertising campaigns. This affirmation can be proved with a simple question. Do you prefer a program that spends $1,000 with payouts or another one that spends $1,000 with marketing?
When you build confidence you gain advertisers for free. Your clients become proactive promoters and they will spread your brand to their friends creating a viral system, word of mouth is the best advertisement that a company can have. So before choosing a Hyip to invest take a look in their advertisement style. Expensive campaigns may cause very nice results, but this is not the rule.
I will be back soon with another hint and news about MoneyPallas, don’t forget to visit our site and consider our investment plans. We have designed everything to guarantee the stability of this program for long time. If you want security MoneyPallas is the place.
You can find a copy of this newsletter in our blog.
Disclaimer: The advice(s) above are just suggestions, feel free to interpret them and take your own decisions.
Regards, Alonso. MoneyPallas”.
It looks like the instant withdrawal system that was going to be launched by FxTradingWorldwide last week failed for some reason and so withdrawals for all plans are still manual. Here is the latest email from the program outlining the issues and giving the approximate time for honoring the withdrawal requests:
“To update our system withdrawal process situation.
Please be informed that the withdrawal request transaction not over 10$ before today will takes approx within next 24 hours to reach you.
After we start instant withdrawal system last Friday and face some issues of unsmooth operation over weekend, we takes time to pay out per request list by first in – first out basis and the list become shorter up to now.
After we paid out these transaction, the instant withdrawal will restart again
The request over 10$ will takes longer time than 24 hours, and we are speed up the process week by week.
After the instant withdrawal system run smoothly, we will increase the limit time by time.
Thank you for your understanding and please accept our apologies, sorry for inconvenience.
Admin. FxTradingWorldwide”.
The admin of BrilliantsInvestment (reviewed on MNO yesterday) sent out a newsletter with the link to the review where you can read the review:
“The review of our program has been published on MNO!
You can see it here:
http://money-news-online.com/blog/2010/10/21/20102010-brilliantsinvestment-review-and-daily-news-from-the-industry/
Best Regards. BrilliantsInvestment”.
There is an unclear situation regarding LeadingROI at the moment and I would not recommend to investing at this point. The thing is I received a couple of complaints from readers that withdrawals stopped being processed instantly. Of course, in my interview with the admin which was published on MNO yesterday he mentioned that the withdrawals might be delayed and paid within 12 hours of the request. He also replied to my support ticket and told me that the instant withdrawal system should be working fine and asked members who didn’t receive their withdrawals instantly to submit a support ticket to be paid properly. So after this comforting email I was about to change my opinion about LeadingROI which though drastically turned negative again after I received the following email from the admin announcing a new higher paying plan:
“Hello. We have added new plan called “VIP PLAN”
If you invest $250-$500 you will receive 150% after 1 day!
If you invest $501 and more you will receive 250% after 1 day!
We are paying for already 7 days! All monitors show paying status from day 1. We have a lot of votes in monitors and great support in forums.
Our Alexa ranking is 487K Check here http://www.alexa.com/siteinfo/https://leadingroi.com
This is very good result for 7 days online!
Stats: Total deposited $ 17,361.80, Total withdraw $ 5,424.14
Enjoy our new plan and have a good day.”
The question is why if things are going so well the admin of LeadingROI had to add another plan paying 150%-250% after 1 day for all the deposits starting from $250? The answer to this question is clear – a lack of money to pay the current investors (hence the delays with payouts) and the cashflow issues. I would advise you to be very cautious about investing with LeadingROI and report to me if you were finally paid by them. If I receive more complaints by tomorrow the program will be moved to Problem status. For now I would only recommend extreme caution.
The same applies to EzProfit (reviewed here). Please be careful as the program probably pays selectively. I received one verified complaint from a referral today who reported to me that his deposit into the 180 day plan expired and he requested the withdrawal but was not paid. I’m currently in an email exchange with the administration of EzProfit and trying to persuade them to pay to all of their customers. However, if that doesn’t happen by tomorrow and my reader is not paid what he is owed I have no alternative but to move EzProfit to Problem status on MNO. I will update you regarding the situation tomorrow but for now I would recommend you stay away from them due to selective payouts.
The status of MegaEarn is also under scrutiny. The program has been paying instantly for three days but I was informed of the current withdrawals being stopped and going to pending status instead. Since it’s explicitly stated in MegaEarn‘s FAQ that the withdrawals should be processed instantly (and the admin didn’t reply to my email yet) I can see no further option but to react swiftly and move the program to Waiting status on MNO. At least, I’m still hopeful that the admin replies to me and saves his program from collapse by paying the pending withdrawals. I will let you know on MNO tomorrow but for now any new investments in MegaEarn are not advised.
Some rather strange news was received from FutureTrails today. It has been a good performer for MNO readers for over three months, however the current total redesign of the program made it a short-term program with 18.5%-22% for 6 business days plans short-term plans instead of the previous more sustainable long-term plans 2%-2.4% for 150 business days. The deposits into the old plans are not accepted anymore, but the old members will be able to receive the payments on the old plans till they expire. I will keep watching and will let you know my take on those drastic changes in a few days. They might be for good or for bad, I don’t know yet. One thing is for sure though – the rebranding will attract more new investors seeking higher profits from a proven long-term program that has been online for many months already. If you want to see how FutureTrails looked before the upgrade of their plans please refer to my review of the program published a few months ago (click here to read). Here is the latest news for FutureTrails investors:
“To all of our respectable clients;
It is our honor to inform you that due to the respond of our marketing team to the fluctuation of the market, we would offer new sort of short term plans respectively (18.5-22% daily for 6 working days)
All respectable clients regardless of their previous plans are eligible to invest in above mentioned plans.
please be noted that previous deposits can not be transferred to new plan and new deposits are required.
Regards, FutureTrails Inc”.
Despite receiving another payment from GrapeVineFunds (reviewed here) I would not recommend investing there anymore as I received quite a strange email from the admin today claiming that all (!) his e-currency accounts were hacked and the money was stolen. Well, I heard such stories many times before but I find it hard to believe until they are backed with some proof. I don’t quite understand how all the passwords are stolen and the money gone and can explain this only by the laziness of the admin. I know for sure that LR, PM and STP accounts can be restricted by certain IP-addresses to give access to them but if the admin of GrapeVineFunds was careless enough it could happen easily. We should consider also that he used HotHyips script which is actually a cheap version of GoldCoders whose legitimate reseller’s rights I believe are dubious, therefore it could have backdoors in itself which allowed hackers to easily steal the money (this is provided that the admin is telling the truth).
What I found strange in his email though is his assumption that the hacker was somehow connected with MNO. I can tell you with all certainty that the admin of the program never contacted me regarding any issues and perhaps he meant MNO impersonators that are sometimes scamming programs admins pretending to be me. Anyway, from his email it’s not quite clear (as he’s obviously not a native English speaker) but I’m going to ask him about this and report his reply on MNO soon. I’m not sure how the program can continue if the funds are stolen, especially if we consider that LibertyReserve and PerfectMoney will do nothing in any case. All I can do is to email him and to keep you updated. Here is the last newsletter from the admin of GrapeVineFinds:
“Hello. We have a problem, today we had a security breach and to be honest I do not know how it happened but some one has managed to clear out our AP, STP and LR accounts, in short we have been stripped of all our money. I am currently in talks with all 3 PP’s to try to recover the funds and up to now STP have more or less said they will return our funds and I think AlertPay will recover them but as for Liberty Reserve they are not as helpful and I am worried that we will not recover a huge amount of money.
The problem arises from someone who obviously uses Moneynewsonline as a front and we are tracking him down, in the meantime please be careful as we also believe that he has sent out e-mails from GVF with a virus attached, what sick people we have on the internet.
We will not be able to make any payments except STP until this is sorted out and I am asking you all to patient whilst I sort out this matter, hopefully it will be resolved quickly, please do not be negative as we will make sure we make the payouts as soon as possible.
Please feel free to ask if you are worried, I am not going anywhere and will do my best to get our money back.
Ryan”.
Here is the list of the programs that paid me for the last 24 hours:
UniteTrade, FundsOMatic, GainBucks, EuroInvestOnline, WorldPrivateFunds, OptimumPride, UnitForce, BrilliantsInvestment, MutualTreaty, OilStructure, YesInvestment, EzProfit, CherryShares, Vodapex, PandaTrade, LeadingROI, OnyxInvClub, Famega, FenixTrust, DigitWallet, 144CashAds, FutureTrails, FiboTradePro, FxTradingWorldwide, InternationalCommerce, GrapeVineFunds, GloTrade, OrderDollar, EarnPlaza, InnoClub, RedOrchidInvest, CurioHunters and PawnShopFund.
That’s it for today. I hope you found the information useful and if you want to receive it to your email daily don’t forget to subscribe (the subscription from can be found in the top section of my left sidebar and it will take you only a few minutes). Don’t forget to check out my blog tomorrow when I’m planning to review another short-term program called UnitForce. See you then, guys!
Filed under Daily News, Reviews by on Oct 22nd, 2010.