Oct 26th, 2010 Archives

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BEWARE! THE INSTANT PAYMENTS HAVE STOPPED IN QWEEZ FOR SOME REASON! PLEASE DO NOT INVEST UNTIL FURTHER NOTICE!

Hi everyone! As we have seen in a recent MNO readers poll most of the players in the HYIP industry are men. Resoundingly so. 80% in fact if I’m not mistaken. No surprise then if most of you find the advertising banners of Qweez, the program I’m looking at tonight, a little bit bewitching! An attractive young model featured on the front page may not exactly be a fair representation of the target audience (come to think of it, it looks a bit like a shampoo commercial!) but I guess it got the men’s attention, eh?

Anyway, let’s just look at the facts. Qweez is a brand new high interest and high risk HYI program that launched just yesterday. It’s offering four plans that all have short investment terms and reasonably affordable (for most) minimum deposits. The first one is called The Basic Plan and runs for just 1 single day. You can join for a minimum of $10 and your interest payment made on expiry will be 104%, principal included. Maximum spend is $5,000.

The minimum investment to the second plan doubles to $20, as does the investment term which stretches to 2 days. The plan is called The Advanced Plan and Qweez are offering a payment of 110% interest, principal included, to members on expiry. The maximum investment is $5,000.

Next is The Premium Plan and it runs for 3 days. This time you are required to pay a minimum of $30 to join and the interest rate, again payable only on expiry, goes up to 118%. If you care to gamble with larger amounts of money then the maximum spend remains at $5,000.

And finally there is The Luxury Plan where for a $50 minimum deposit Qweez are offering members a 135% interest payment on expiry of a 5 day investment term. Just like the others, maximum spend stays at $5,000.

If that all looks a bit simple and straight forward – it is – then the list of payment options are right in line with that. They are limited to just LibertyReserve and PerfectMoney, so as I said it’s a high risk game where the payment processors are under no obligation to help you out if things don’t go the way you want. So bear that in mind and always spend accordingly. On the plus side however Qweez are currently using instant payments so once you log in and request them they should appear in your e-currency account within seconds. I can personally confirm this by the way as I just requested my own first payout on expiry from the one day less than an hour ago and was paid instantly.

The other features of Qweez (apart of its unusual name of course) are quite standard for an online game of this standard: a dedicated Staminus server with DdoSWiz protection, a licensed GoldCoders script and SSL encryption for safer browsing and safer transactions. Customer support is offered by filling in your details on the ticketing form provided on the contacts page and submitting it.

As is the case with so many short term HYIPs the texts on the Qweez website are not original and have been used by other similar websites in the past. You can put that down to the designer as I usually do, if you care that is, but for sure it just means you should disregard any claims relating to real investments and business interests. To to be fair there is a full page given over to that but still relates almost no real information about what real activities the company is involved with. So as per usual, keep your eyes open, know that you are participating in a high risk game, and don’t invest so much as to make playing it no longer fun.

DAILY NEWS FROM THE INDUSTRY.

It looks like the admin of PandaTrade is looking for more ways to build confidence in his program among investors. As you may remember there was a message on their site a couple of weeks ago saying about the international support crew they were looking to hire. So now they found a few representatives and listed them on PandaTrade‘s website. Please do not be mislead as it doesn’t mean that the program has real offices there. Most likely the four countries you now see represented by people on their contacts page (Indonesia, Singapore, Russia and Nigeria) are just people who have mobile phones and other means of communications and are hired by the admin to give the necessary support to prospective investors from those countries. Of course it’s highly unlikely that PandaTrade itself has a real office in the British Virgin Islands but through all the smoke and mirrors some gullible investors will want to believe in order to feel safer about their money. The plans in PandaTrade were thoroughly discussed in my review of the program published here. Anyway, any positive developments in HYIPs are for the greater good and I’m glad to see that PandaTrade is moving forward little by little and of course that the instant payouts to LibertyReserve and PerfectMoney continue to keep coming. Here is the latest news regarding the representatives from the administration of PandaTrade posted on their website:
Dear clients of PandaTrade, we are glad to inform you that we have extended the list of our representatives. Now we have new representatives in various countries, and if you need help or you have any other questions you may contact them directly.
Wait for new representatives in your country, since PandaTrade community is developing very quickly and very soon our representative will work in your city.
Check out new representatives in Contacts section.
(https://www.pandatrade.com/contacts.aspx)
Yours, Paul
”.

The admin of GWDConline Albert finally issued an update where he announced about the successful transfer of the site to Koddos servers and the beginning of the stable work in paying on the only available plan – 3% for 40 calendar days (principal included). Since some of the deposits might not be credited instantly to members’ accounts during the transition process the admin kindly asked everybody to submit a support request if they have any such issues. If you feel that the earnings for one day are missing please do not worry as your principal will only expire after you earn the full 120%. And if the site was offline during the time when the profits should be credited to your account they will be still added at the end of your investment term. Please refer to my detailed review of the program published here if you want to get more details about how the program operates. Meanwhile here is the latest update from the admin of GWDConline:
Once again Here’s Albert. This is a short and simple update to let everyone know that seem to be operating now. We are on hosting with KoDDos. Please use the direct URL for accessing the site.
Deposits are being added instantly however some may not. This is just as your internet needs to update the new location of the server so does that of Liberty Reserve and AlertPay. Should you have a deposit that is not instantly credited simply let us know and we will add it in.
Missing earnings. This script is set up in a way that missed days from down time will be added at the end of the term. Since hosting was down for just about 24 hours this will just extend the days to earn by one.
All distribution have been completed. Please be sure to show your support by voting on monitors and posting in the forums.
Global Wealth Distribution Center (GWDConline) is here to stay.
Albert, Global Wealth Distribution Center
”.

I would like to issue a warning about a very dangerous email currently circulating from the admin of DigitWallet which is written exactly like the one that was sent to all PremiumGain members (so I tend to believe that those two programs might have originated from the same admin). Anyway, to many members of DigitWallet (oddly enough I was excluded from this list!) there was a message sent out where the admin apologized for the delays with the payouts and asked you to make some changes in the settings of your LR account. Please do NOT do this as otherwise your LibertyReserve account will be emptied in no time. This is a very ugly thing to do to take advantage of the innocent members and I believe the admin of PremiumGain and DigitWallet should be really ashamed of himself, especially after I received quite an honest reply yesterday to my query. Again, since I received many requests from DigitWallet members today I would like to warn you from doing what the admin of asks in the following email (I even had to drop some details so nobody would accidentally do it and fall victim to this scam):
Hello DigitWallet members, sorry I was away for the last days and instant cashouts were not working.
Here is what you need to do in order to receive the further withdrawals from DigitWallet:
1. Login to your LR account, go to Merchant Tools.
2. Click on “Create new API”
3. Enter the following entries
3.1. API Name: xxxxx
3.2. Sec. Word: xxxxx
4. Tick ENABLED
5. Tick TRANSFER
6. Tick BALANCE
Other values leave to default. Make sure you SUBMIT and save it.
You should be able now to receive instant withdrawals from us.
After doing so, please e-mail me back and we will fix this as soon as
possible.
David
”.

Guys, to tell you the truth I’m not sure anymore of the statuses of two program that are monitored on MNO. They are OrderDollar and FxTradingWorldwide. So I need your help to define them.

Today I received a complaint from one reader regarding substantial amounts that have been in pending status in his OrderDollar account for a few days already. The admin didn’t reply to his emails exactly like he never replied to my requests so I tend to believe what he had to say. So please let me know if you also have some pending withdrawals from OrderDollar. Perhaps the program is still paying selectively and it was a mistake to move it back to Paying status on MNO last night. Anyway, at the moment caution is advised if you deal with OrderDollar and I would not recommend any new investments there, at least until I get some additional information from my readers about it. So beware – OrderDollar is moved to Waiting status on MNO tonight.

Regarding FxTradingWorldwide the situation is totally the opposite as the investor who complained to me about his pending withdrawals last night and whose complaint was verified by me was finally paid on all his pending withdrawals. However, I’m afraid that there might be some more people who were not so lucky. The thing that concerns me is that I haven’t been replied to by the admin of the program who was actually pretty fast in replying to my tickets before. So I would advise some level of caution here as well and even though my reader was paid from the program I would like to ask the rest of the members of FxTradingWorldwide to please contact me and let me know if you were paid by them. For now it will stay on Waiting status on MNO until further notice.

There was some slight delays with the payouts processed from UnitForce today which were eventually processed a few hours later than usual. But it’s created a whole lot of fuss in my Shoutbox and in my email where I received many complaints. Actually, nowhere in the UnitForce website could I find any indication of the exact time when the payouts should be completed so I don’t quite understand what the fuss was all about. This is from the FAQ of UnitForce site: “Payments will be made directly to your e-currency account daily or at the end of the term.” Even more baffling was some readers who blamed me in the Shoutbox for the “failure” of UnitForce which simply used to pay at a different time of the day. I think they should really be ashamed of themselves for their impatience as I always do my best to protect my readers from scams by honestly monitoring the programs which come to MNO for promotion. You know that it would be simply hilarious to email the admins of the programs every hour, although they are still within the agreed terms for the payments. But following pressure from I had to contact the admin of UnitForce today and received the following reply from him:
Yes everything is ok. There was a slight delay with payments through LR (slow LR API), but now all payments are sent.
Best regards, UnitForce.

So was it really necessary to hit the panic button with the program still within its own terms for payouts? Next time please be sure that you read the FAQ on a program’s website carefully and only submit your complaints if you were not paid after the required term expires. I won’t accept your complaint otherwise.
One more thing – if you want to read more about UnitForce which is paying on two investment plans (17% for 8 days and 145% after 8 days) to LibertyReserve, PerfectMoney and AlertPay you’re free to check out my review of the program published here.

Even less expected for me was to hear in my Shoutbox and in some forums a totally unfair statement about allegedly “recommended” by MNO programs. Please note I do NOT recommend any programs for investing. I can give you my honest assessment about the programs that are listed on MNO and a description of how they work, but you are the ones who are responsible for your investment decisions and for your own possible profits or losses. I always honestly say to you that investing in any HYIP involves a very big risk and that you have to invest only money you can afford to lose. I may appreciate some programs because they are running for longer or because their admins look more professional than others but these are purely subjective thoughts that will not guarantee you profits if you just blindly join any program that is listed on my blog or whose banner you see advertising there. Please keep it in mind and if you need some “real recommendations” talk to your bank manager! As for the HYIP world you go and check out many sources that will eagerly give them to you, but of course they will be the ones who will reject any type of responsibility for those recommendations. MNO is a professional monitor not giving you any kind of recommendations. Simply it’s a site that gives you information about the monitored programs, accompanied sometimes by some personal thoughts. So again, please invest at your own risk and do not read between the lines! Remember if you win a couple of dollars you are under no obligation to share it with anyone, so likewise if you lose then nobody else will be footing the bill.

Here is the new question that MNO Reader Profiles poll. I would like to know what your favorite type of music is. Is it pop-music or rock-music, maybe it’s folk/traditional, country or classical music, or maybe it’s r’n’b/hip-hop music. I know MNO readers have different tastes so I would like to hear all about your musical preferences and you can submit your answer in my new poll located under my Shoutbox.

Instead of a question related to HYIPs I would prefer this week to instead ask your opinion regarding a particular aspect of MNO:
Do you want MNO to have an extended chat room (similar to what PTVPartner had with bigger capacity and more features than on my current Shoutbox)? I would really like to hear your opinion on that and if there is enough positive feedback I’m sure we could try to integrate such a chat room into the MNO forum within the next month or so. So please answer “yes” if you really have the need for that, and “no” – if the existing Shoutbox is enough for you and you’re not interested in this expansion. I would like to hear your opinion on those topics so please keep voting in that poll that you can find in the bottom of my right sidebar on my blog as well.

Here is the list of the programs that paid me for the last 24 hours:
Qweez (the first instant payments received), OnyxInvClub, CherryShares, WorldPrivateFunds, YamaFinance, UniteTrade, Vodapex, ReProFinance, PawnShopFund, PandaTrade, MutualTreaty, InternationalCommerce, EarnPlaza, Flamanta, FenixTrust, EuroInvestOnline, RedOrchidInvest, BrilliantsInvestment, GWDConline, UnitForce, GloTrade, FiboTradePro, FutureTrails, OilStructure, 144CashAds, CurioHunters, YesInvestment and TerraProfits (the first payment received).

Please check out my blog tomorrow for the review of a new low-ROI program called TerraProfits and more news from the Industry. Stay tuned and see you tomorrow, guys!

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