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

Hi everyone! Let me get straight to the point here tonight and say that for reasons I’m going to go into a bit more in the news section that we will see the prevailing trend in the online HYIP industry swing back once more towards longer term low ROI programs. I know that these things change every couple of months or so as circumstances in the industry change. Some popular long term programs close and we see a revival of short term ones, the opposite happening when some popular short term programs close. And it’s also true that seasonal factors can also play a part, the creation of short-term “Christmas scams” for example that seem to blight the industry every December causing the more experienced players who recognize these things to take a break from the industry completely.

All of which leads me up to introducing you to an excellent long term program with the intriguing name of FondosMayores. It’s not a brand new program so I’m sure a number of readers will have heard of them already. But as long term programs go it’s new enough and they’ve been keeping things fairly low key up until now. And I think that the timing behind their decision to step things up a notch is ideal. FondosMayores have done some excellent ground work over the last few weeks and with the long term HYIP market being so notoriously difficult to establish yourself as a clear leader I really think they are in a prime position to put themselves among that tiny group of names that seem to make it onto almost every investor’s portfolio or at the least their list of programs to research further.

I know I’ve referred to them as a long term HYIP but there really is a bit more to these guys and much to separate them from most of their peers. FondosMayores is a really interesting example of a program that can bring something different in the HYIP industry. The first thing that caught my attention is that they are offering their own MasterCard which they can ship worldwide and which you can use to fund your account with them. I know that team running the program are eager to talk to investors directly and to explain themselves to you in their own words so I’m going to make sure to quiz them about that in detail for the interview I’m going to send them. By the way, feel free to submit a couple of questions of your own if you have any and I’ll try my best to include them.

FondosMayores have a decent enough selection of investment plans for you. On one hand they are all long term and low ROI, but the admin has still managed to fit a good amount of variety in there. While I wouldn’t describe them all as instantly affordable to all, they don’t ask for the outrageous amounts of money required by some of their competitors as a minimum deposit. Over the coming weeks and months as (I’m sure) FondosMayores establish themselves as some serious industry players and a genuine alternative to some of the rapidly aging more popular names their plans will see a steady trickle of new investors turning to them.

One thing that I particularly like about the FondosMayores investment plans is that when usually in other online programs the more money you are asked to deposit the higher the risk you are taking. With FondosMayores however the risk is of course still there but the more you invest the shorter the term (ie spend more but get it back faster) the risk is at least reduced.

There are five plans in total, and I’ll start with perhaps the most basic of them. It’s called The Mayores Classic 125 Plan. It runs for a duration of 125 business days (that’s 25 weeks) and costs a $10 minimum to join. The maximum investment is $500. In return for joining FondosMayores are offering you a daily interest payment, made Monday to Friday, of 1.2%. Your principal is included as part of the payments.

So if we take a sample investment of $100 you can expect to earn $1.20 per day, $6 per week, break even after 84 payment days, and finish the plan with a grand total of 150%. OK, not quite as jaw dropping as some of the recent short term programs we have seen but with the general industry trend I think about to shift away from the pursuit of a high risk fast buck in favor of something that’s actually a bit more achievable, ie you may actually get it here!

The second plan is called The Mayores Classic 100 Plan costs a $501 minimum to join. It runs for the reduced term of 100 business days (20 weeks) but offers a higher daily return. Payments of 1.5% interest per day are made from Monday to Friday and your principal is included as part of the payments. That would allow you to break even after 67 payments and finish with a total of 150%. That’s right, it’s the very same as the previous plan but you just get rewarded for taking the extra risk with a faster final return. Maximum investment is $1,000.

The third plan, and the last of the more conventional style ones, sees FondosMayores offer a daily interest payment of 2%. It’s called The Mayores Classic 75 Plan, and as you may guess from the name by now runs for 75 business days (15 weeks). The minimum investment is $1,001 which granted is a bit steep for most readers but not all that uncommon for the more serious players. Maximum spend if $25,000. Just like the previous two plans you will finish the plan with a total of 150% interest, principal included, and will break even after 50 payment days.

Next we come to two less ordinary plans which are more profitable in the long run but will take a bit longer to mature. The Mayores Premier Plan is the first one we come to and it costs a minimum of $250 to join. It may be a little confusing at first as it’s not worded quite like any regular HYIP plan. But it works more or less the same way. Rather than offer you a fixed daily payment for a set investment term, it offers you a fixed daily payment until you earn a certain amount.

So in return for your investment FondosMayores are offering a daily payment of 0.55% interest, except this time you’ll earn it on calendar days so that’s seven days per week instead of five. You will receive this payment until you have reached 200%. Your principal is already counted there so it should mean that you break even after 182 days and double you money after 364 days. Sustainable as it is it’s still difficult to see this one getting popular anytime soon due to the length of time it takes to profit. Although when FondosMayores get a bit more established I’m sure there might be a few takers. This plan by the way has no upper limit on your investments.

The final plan is called The Steady Roller Plan and will set you back a minimum of $2,500 if you wish to join with no upper limit. Similar to the previous plan there isn’t a fixed term here as such but rather you will continue to earn until you reach a certain limit. This time however payments are made just once per week (though they are processed seven days per week so if you join at the weekend it won’t be a problem) and are of variable rates. They can be between 5% and 8% per week and you will earn that until you reach a total of 300% in earnings.

Worst case scenario you break even after 20 weeks and it takes you 60 weeks to complete the cycle. Which isn’t actually all that bad because everything you make after 20 weeks is pure profit anyway so just enjoy it. Of course in the best possible situation you might complete the cycle in as little as 38 weeks, but my guess would be the true number is somewhere in the middle. By the way, compounding is available here so if that’s an option you wish to take advantage of then feel free to do your own calculations.

The choice of payment processors accepted by FondosMayores is also quite good, unusually so in fact for a long term HYIP these days. The list includes the welcome appearance of SolidTrustPay for those who like using their Debit Cards, along with AlertPay, LibertyReserve, and PerfectMoney. There is also a new payment processor called CashX that I must admit I haven’t heard of before so any readers with experience with them please feel free to leave a comment. And if you prefer to avoid online payment processors altogether then FondosMayores will accept Bank wires. Contact the admin for more info on that. Payments are made manually so you will need to request them. It isn’t specified what the time limit is for payments to be processed is (another question for interview!) but in my own brief experience with them they’ve been fast.

Just one thing you need to keep in mind when selecting how to join the program is the fees involved with withdrawing. Some charges will apply so just be aware of this. A 2% levy is attached to CashX, LibertyReserve, PerfectMoney, and SolidTrustPay. A stiffer charge of 5% plus a $2 flat fee is applied to AlertPay. And a $30 fee will apply to Bank Wires.

Overall it’s also quite a well organized and presented website that looks quite professional, well explained, and easy to navigate. But more importantly, secure. It’s SSL encrypted throughout and running off an original script from ShadowScripts (who some of you may remember from the later days of GNI). Hosting is on a DDoS protected dedicated server by Electronic Consultants. That’s a new name to me so I don’t know if they have much experience dealing with HYIP related websites (a whole different world to just regular sites!) but to date FondosMayores have had no serious problems to speak of.

Where FondosMayores excels though is in the field of communication. They have an almost dizzying array of international agents available to work with you from the four corners of the globe, all of whom are available by both e-mail and telephone. Check out the contacts page for the full list of operators and the hours during which they are available. More countries are promised to be added to the list in due course. The admin went to great lengths to assure me that these are serious employees and partners that will treat you professionally, rather than some paid forum members looking for $5 a day and then do nothing when you try to call them.

Other than the international support crew you can also contact the various members of the senior FondosMayores administration team (some of whom are multi-lingual themselves) via e-mail if you have any queries relating to various technical, PR/advertising, payment issues, etc. A postal address is also published in Ecuador where FondosMayores say they are operating from. Needless to say I’m in no position to verify that personally (I’m not that interested anyway) but if it’s important to you then feel free to research the matter further for yourself.

Original texts give a brief outline of the alleged business interests and activities of FondosMayores. Basically if you can sell it then they seem to be involved with it but once again that’s going to be entirely a matter for yourself to research. Until I have a substantially bigger reason to think otherwise I assess every program that comes my way as an online HYIP based game, and no offense to the admin you has done a magnificent job, but FondosMayores is not going to be an exception. But approaching it purely as an HYIP the tide will begin to turn slowly back in favor of longer term programs pretty soon and I would say that this is one of a couple of recent programs in a good position to take advantage of this. Fingers crossed they can bring as many investors as possible along with them into profit.

DAILY NEWS FROM THE INDUSTRY.

No doubt about it but the most shocking news today was the very sudden and unplanned collapse of UniteTrade. Let’s start with the chronology of today’s events as not many people actually believed that within the few hours the biggest short-term program of the year turned into the biggest collapse.

Well, it all started in the morning when I was alarmed by a couple of MNO readers telling me that they had pending withdrawals to LibertyReserve for a few hours. So I went to check out my own account in UniteTrade and discovered that although the AlertPay withdrawals were processed instantly as usual LibertyReserve definitely had some issues and went to pending status. This did happen before so I was not very worried at first and went to UniteTrade‘s official forum to see if anybody else had the same problem. It appeared that there were a few complaints already from people waiting for their withdrawals to be paid to LR for over six hours. This didn’t sound good to me at all, especially considering that the moderators couldn’t provide any viable answer as to why LR payouts were pending and came out with the usual line about unnamed LR issues (which interestingly was not affecting any other instantly paying HYIPs). The biggest red flag to me was the admin’s silence which was extremely suspicious and only strengthened my feelings that UniteTrade might be on the verge of collapse. Under the insistence of some MNO readers I decided to move UniteTrade to Waiting status as I felt that it might be dangerous for new members to make any additional deposits at this point. I went out for a few hours and after I returned I was very surprised to see that UniteTrade‘s site and even forum was under maintenance and the only sign that could be seen there was:

“UniteTrade is currently migrating to a new and more secure server. We highly expect your patience during this time. Please visit us back later.”

I must say that I was not sure what to think about that and was ready to believe any nonsense going around. For instance, the admin of the recently folded short-term scam StablEarn suddenly wrote to me and reported that allegedly his site and many other sites that were using automated LR SCI and API interface were hacked, including UniteTrade. As I found out earlier this was not the case but this up much stirred controversy among members who couldn’t believe that such a perfectly paying program could scam so suddenly and abruptly.

At the same moment I have received an email from the admin of UniteTrade who honestly outlined a few reasons why he couldn’t continue to run his program anymore and why this decision was taken so suddenly. It appears that was not due to the lack of funds as the program had many thousands in their accounts and not due to some naysayers who dreamed of seeing UniteTrade collapsing as this will give more room for their own program (UniteTrade was simply the best and too hard to compete with). The reasons were really personal and the admin of UniteTrade Andy asked me not to make it public. So I can’t share it with you, guys, sorry. I only can say that the reasons to close UniteTrade were really serious and that I were able to understand the admin’s motives. He also promised to issue some refunds and to open another program some time.

This really happened – I mean the refunds. And although the site and the forum of UniteTrade have disappeared (perhaps it’s even better as nobody will be able to invest into a dead program anymore) I was surprised to see some refunds coming. I was told about many refunds made to AlertPay and to SolidTrustPay payment processors. And while the admin cannot move these funds from verified payment processors anyway he could have just left them suspended for some time and not bother refunding anybody. But he didn’t and that’s highly appreciated by me. As many investors understand how such games as UniteTrade work the admins rarely bother to refund at all and just leave the funds where they are left in AP and STP payment processors which sometimes is pretty useless for the investors anyway (for instance, I received some reports about the rejected complaints filed against Pickash). So I repeat – the fact that even some refunds are issued is a really positive sign.

Of course, one should be perfectly aware that it’s impossible to refund everybody in a program like UniteTrade which is ponzi-based and where the first withdrawals are paid at the expense of later deposits. So it’s literally impossible to bring everybody in profit. It’s also highly unlikely that refunds to LibertyReserve and PerfectMoney will be issued at all because such payment processors are pretty easy to exchange and turn into real cash while they never provide chargebacks and so are a haven for HYIP admins. So the conclusion from that is to invest more via AlertPay and SolidTrustPay where there will be a much better chance for you to be in profit or at least to recoup your money, especially in such short-term programs as UniteTrade.

If I say to you that I received praise today about the program that has been in Scam status on MNO for a few days already – UnitForce – apparently they still pay to those who invested via AlertPay because they cannot get that money out anyway. There is no guarantee for refunds from UniteTrade and I don’t know who is going to get them and who is not. That’s why you can post on the public forums including the MNO forum if you think that it will help you to get a refund from UniteTrade faster. However, keep in mind that everybody cannot be refunded in full due to the nature of the program and I hope you didn’t lose much money there. Actually, I believe many investors were in good profits with UniteTrade which was truly one of the best and longest running short-term programs which ran for nearly seven months and it will be remembered by investors for a long time to come.

And look at it this way – anyone you does lose money in UniteTrade will be from the ones who joined in the last 14 days (and some of them from the 7 day plan will have a profit). So 7 months of winners versus 14 days of losers? No offense if you lost but sorry, that goes down as a successful program in my book. And personally I’d welcome this admin back in the industry anytime.

That’s the end of the story for UniteTrade unfortunately. Another program that keeps fighting to survive and continue its operation is FundsOMatic. After my analysis of the email announcing 130% cap on the profits I was contacted by many people asking me my opinion on that. Well, to tell you the truth, I still believe the admin of FundsOMatic Randy is able to turn things around. The only thing which will be lacking now is the investors’s support which is still backed but some unpaid withdrawal requests which (according to investors themselves) are pending for over 48 hours now. I must admit that I was finally paid all my pendings last night but I’m not sure that all the investors were paid with me. Anyway, the thing that I can accept is that Randy keeps communicating with the members. He keeps asking for support and complained that he doesn’t see enough of it. I believe it happens because investors are panicking now. And it’s an understandable reaction for an average investor – when the things go bad we must not invest in this program anymore, even if we are in profit. And although I can agree with this sentiment to some extent I can also understand the admin’s reaction on seeing that their efforts to pay everybody are not appreciated and think that maybe the only possible choice would be to close the program. Randy already said a couple of times that if this continues and the support is not shown he will have no choice but to disable deposits and go private where new registrations will not be allowed and then honor his obligations for the investors not yet in profit (as he did for his previous program SurfOMatic). I myself appreciate the efforts by Randy to bring the program back to normal but I’m not overly confident. Maybe the HYIP industry has changed since a couple years ago but that’s my gut-feeling anyway. The simple fact that randy didn’t scam and keeps sending updates is really encouraging though. Here is the latest email from him where several important issues have been addressed:

“Just a quick note. As everyone knows I am having to check each cash out and make sure that all are able to be paid. I could be going faster if I did not have an overwhelming amount of mail asking “am i effected?”. Or “how much can i cash out?” .

RandyM”.

It looks like Monday became a scamming day for two more programs listed on MNO – CurioHunters and OnyxInvClub.

OnyxInvClub was a huge hit and was listed on MNO for over six months (while the actual running cycle was since September 2009). The program was a definite success but couldn’t be taken any further. The instant payouts have been switched off and the rating page is now gone which is a definite bad sign.

Absolutely different feelings towards the other program – CurioHunters. The program only managed to last for a bit more than a month and therefore made no profits to those who joined. Anyway, CurioHunters might still get back to normal but due to the delayed payouts and Problem status on many monitoring sites already I decided to move the program as well. Please do not invest in CurioHunters and OnyxInvClub anymore!

It’s hard to believe to the admins who actually try to tell me that their LR account was hacked and having changed all the monitoring logos on their rating page think that they are so smart and send a cheerful newsletter to members soliciting yet more money. I think they are totally shameless and cannot be trusted in any way. Unfortunately, I cannot weed out such admins from my monitoring as they change their names and stories but one thing we could see is for sure – such sites as StablEarn cannot be trusted at all. The program became a scam yesterday and today the admin of the program shamelessly sent out the newsletter which is so jam packed with lies it makes your head spin. Some monitors (including GoldPoll) are still displaying StablEarn as Paying but please beware of this scam which introduced a new highly-profitable plan in his newsletter today but didn’t pay his pending withdrawals yet. I guess the next email we will see from StablEarn will be a sudden apology for pending LR withdrawals and a detailed instruction in how to change the settings in your account to allow him access to it. Here is the lying newsletter from StablEarn which is in Scam status on MNO monitoring now for several good reasons:

“Hello. While I was gone our daily $10,000 payout limit was reached on LR and about $300 were not paid instantly to some of our members.

Sincerely Jon.”

Monday is also the first day when the payouts are enabled in 144CashAds (reviewed here). For those who don’t know – the program offers a unique model of six investment plans each of them offering 144% profit (hence the name) but with a twist. In order to deposit to shorter plans you have to have a running deposit in the longer ones which actually leads to a very good level of sustainability for the program. This model was also described by the admin of 144CashAds Lewies in his interview given to MNO and which you can find here. As usual the payouts were disabled over the weekend and now are enabled for all 144CashAds‘ investors again:

“Hi. Hope you all enjoyed weekend. Payout button now open and all payout done.

Lewies. Project admin”.

The admin of WorldPrivateFunds Samuel (interviewed here) announced that the promotion where you could get an 8% cash bonus on every new deposit dedicated to the celebrating of the first 100 days online has finished now. Everything else is going fine and WorldPrivateFunds is still paying well on all the accepted 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 (with the principal returned on expiry for all the plans). The latest update from WorldPrivateFunds (reviewed here) can be read below:

“Special bonus promotion for new deposits has been ended few minutes ago at 12:00, server time.

WorldPrivateFunds Admin”.

The administration of TerraProfits (reviewed here) added a second language to their website and from now on both their site and their support is available in German which I believe will be much appreciated by many central European investors. Anyway, this is only the first language with more to come according to what the admin of TerraProfits said in his latest newsletter:

“Hello, you might have noticed the language selection menu on our website, but wondered why it only has one language. Well, it takes some time to translate a website, so we will be adding new translations as soon as they are ready. Our website is now translated into German and you can contact our support center in German too.

Regards, TerraProfits Administration”.

I remind you that TerraProfits is a very recent program paying instantly to LibertyReserve, PerfectMoney, GlobalDigitalPay and AlertPay for the following investment plans: 1.2% for 30 days, 1.5% for 60 days, 1.8% for 100 days, 2.1% for 150 days (with the principal returned after each plan’s expiry).

EzProfit is still paying on daily plans and is displayed as Paying on the majority of monitors. This fact is really unfortunate one as it shows how careless many monitors are despite so many reports about selective payouts. As if they try to conceal the fact that those who invested in daily plans in EzProfit are being paid at the expense of others scammed in the on expiry plans that were available for some time. You can read more about the situation and draw the necessary conclusions in my extensive analysis of the EzProfit scam and if you care much about them you can read the latest update on their site announcing that the email replies will be delayed within the next few days. I wonder if it’s the beginning of the inevitable collapse. Here is the update:

“Email reply will be delayed in this few days due to server maintenance. Sorry for any inconvenience caused.”

Finally, let’s talk about the changes currently underway at GroupUniversal (reviewed here). This is strange but the member’s area and the main page of the website contains different information about the investment plans. I guess the contradiction arose when the administration probably forgot to update the member’s section with the new plans. The changes will not affect those who already invested in the older plans but will only apply for the new investors who would wish to make their deposits via LibertyReserve or PerfectMoney to that program that has been online for over six months already. That’s quite a long term for an online HYIP and I guess that they want to attract more investors and improve the current cash flow situation by offering new higher-paying and shorter-term plans. So instead of the previous 1.8%-2.2% for 150 business days (270%-330% total return) you will be offered to get 4%-5.5% for 40 business days depending on the deposited amount. That will be 160%-220% smaller returns overall but actually for shorter period of time (only 40 business days). Please note that your principal is already included in your daily earnings with GroupUniversal and will not be returned back to you. The minimum to deposit into the new plans is now reduced from the former $50 to $25 so it became more affordable for daily investors. If these new plans are able to revive interest in GroupUniversal I don’t know that but we can see that the admin is quite hopeful. You be the judge. Here is the latest email newsletter from GroupUniversal announcing the changes:

“Hello Dear members,

GroupUniversal Investment. Daren William”.

Here is the list of the programs that paid me today:

FundsOMatic, 144CashAds, RedOrchidInvest, EuroInvestOnline, InternationalCommerce, Vodapex, CherryShares, SolarisTrade, PawnShopFund, OilStructure, EarnPlaza, FutureTrails, GainBucks, YesInvestment, InnoClub and CazaInvestment.

Please check out my blog tomorrow when I’ll try to discuss the possible consequences of UniteTrade‘s sudden collapse on the industry. Also I’m going to introduce a program which I like very much but which I couldn’t announce on MNO earlier due to internal issues that program had with another monitor. I have high hopes for them although it’s not very new and has been online for a few months already. CazaInvestment will be also reviewed on MNO tomorrow and the poll results will be counted finally. Stay tuned for that, guys!