13/11/2010. FinanceCity Review and Daily News from the Industry

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

Hi guys! If you think the tide is turning in favor of longer term programs in the HYIP industry at the moment you’d be right, but as always there’s never a shortage of short term games out there either if that’s what you’re after. One such game is the newly launched FinanceCity which has just been added to my monitoring page on Thursday and the program I’d like to look at in a bit more detail today.

Starting as ever with the plans, FinanceCity has six of them in total which are then broken down into 29 sub-categories depending on how much you’d care to gamble with. Don’t worry about that however as it’s not as difficult a choice as you might think. In fact as we are about to see some of them are so far away from being in any way realistic or achievable that I doubt many readers here will be opting for them. But what you do have if you’re quick enough is an opportunity to make a fast couple of bucks for yourself in some of the shorter term plans. The trick with making a program like FinanceCity work for you is cutting through what can’t seriously be obtained and going with what’s left, which is still of course highly unpredictable.

And indeed some of the shorter term plans are exactly that – very short term. The first one runs for just 1 single day with payments on expiry. FinanceCity offer various rates of interest based on your deposit which can start from as low as $10. Anything from that up to $199 is offered a return of 105% on expiry, principal included. If you’re prepared to take a bigger gamble then 106% is paid on deposits from $200 to $999, 107% is offered on anything between $1,000 and $1,999, while 108% is paid on deposits from $2,000 to $3,999. FinanceCity doesn’t stop there however and will gladly accept deposits up to a maximum value of $100,000. I’m not suggesting you spend it but if you’d like further information see the FinanceCity website.

Next we come to a plan that pays on expiry after a term of 3 days. It works more or less the same way with FinanceCity paying you according to how much you wish to spend. And it doesn’t have to be much because the minimum investment is still only $10. Anything between that and $199 gets you a return of 118%, principal included. If you want to be a bit more ambitious then the following rates are offered:
121% on amounts from $200 to a $999 maximum, 124% on amounts from $1000 to a $1999 maximum, and 127% for deposits between $2000 and $3,999. As before you are free to spend more if you wish and to see the rates of interest offered by FinanceCity for doing so you should see the website.

FinanceCity‘s third plan runs for a term of 7 days and offers payments on expiry that include your principal. Minimum spend is still $10 and anything up to a $199 investment is offered a return of 150%. Bigger spenders are as usual offered higher returns starting from 155% on deposits between $200 and $1000. Over that and FinanceCity offer 160% for deposits between $1001 up to a $1,999 maximum, and 200% on amounts between $2,000 and $3,999. For information on larger deposits have a look at their website.

So as you should begin to notice now that FinanceCity‘s plans get more difficult to be realistically viable as we progress, certainly not on a consistent basis anyway. But the decision to take the risk or not is your’s, I’m simply going to repeat what FinanceCity are offering. Whether they can make it work or not is another matter that you will have to think about before going any further.

So the next plan pays on expiry after a term of 10 days. Interest payments will include your principal and will be 180% for amounts between the $10 minimum required to join and $199. 190% is offered for deposits between $200 and $1,999. For deposits between $2,000 and $3,999 FinanceCity offer 250%. Larger deposits are accepted and information can be found on the website.

The fifth plan runs for a term of 15 days and pays once on expiry. Payment will include your principal. Minimum spend is $10 and anything up to a maximum of $1999 is offered a payment of 250%. Larger investments up to $3,999 are offered 400%. Higher payments are made on higher deposits so again check the FinanceCity website if you need to know.

The final plan, and I think we know by now that this for information purposes (maybe even amusement purposes!) due to it being all but unworkable in anyone’s favor other than the admin, runs for 30 days and makes interest payments on expiry. It costs $100 to join and offers 1000% on deposits up to $299. For anything bigger the rate is an even more baffling 1111%.

The choice of payment processors is limited to just LibertyReserve and PerfectMoney so you should all know the drill by now in the event of things not going according to plan. There’s no chargebacks in place here so let that be the reminder you need to not let temptation get the better of you and keep your investment at a sensible level that you know you can do without. In a move that partially compensates for the lack of choice however FinanceCity are using the always popular instant payouts. Payouts will still need to be requested, but once done you can expect to see them in your e-currency account within minutes. And as long as payouts are still instant you have the added peace of mind that things are going OK with the program.

FinanceCity is up to a high enough standard in security as is running off a licensed GoldCoders script, is SSL secured, and is hosted on a dedicated server provided by BlackLotus. That’s a reasonable industry standard, especially for a program like this. Communication with the admin if you have any support related issues is done by filling out your details and submitting the form found and the contacts page.

Clearly FinanceCity‘s claim to be an investment company of stock brokers and ForEx traders is about as realistic as the 1000% interest story, and you are encouraged to ignore the “guarantee” that you can’t lose money. I think the admin was most likely referring to himself when he said there is a 98.2% guarantee, but as that’s not something provided by LibertyReserve or PerfectMoney then I don’t believe it’s something FinanceCity need to be claiming either. Obvious risks aside however I know how popular games like this one are and I know a lot of you will be joining anyway regardless of what anyone else tells you. And as long as you’re an adult and know what you’re doing then great! I hope you enjoy it! Just consider that certain aspects of FinanceCity are there to separate the greedy and the gullible from their cash, while other aspects are risky but possible ways to make a fast profit for a modest gamble. Hopefully you will spot the difference between the two and come out as one of the winners.

DAILY NEWS FROM THE INDUSTRY.

I’m glad to report that CazaInvestment (reviewed here) which is definitely one of the fastest growing medium-term projects right now opened their first short-term plan. It’s the ever popular 12% for 12 days with daily payouts and judging by the speed of the current payouts I can guess that the payouts will be processed in the same fast speedy manner like in the other two plans that are still available. The others pay 3.2% for 45 days with daily payouts and 6.5% for 21 days with weekly payouts and principal returned on expiry. You might wish to know what is the reason left now to invest into those two plans since the new 12% for 12 days plan is obviously more lucrative, even if we admit that the principal is not returned like on the weekly plan. The answer to this question would be the high minimum which was set up for those investing in the 12×12 plan – $100. If we compare it with a $50 minimum allowed in the weekly plan and especially the $10 minimum in the daily plan we will see that the new plan will have limited appeal as not every investor has a spare $100 to lose (which could happen with CazaInvestment as well) but considering that the payouts should be processed daily and not on expiry the risks connected with the plan are more reasonable and if played well it might be quite a lucrative opportunity for some risk takers. The new plan is called Caza Explosive and is introduced in the latest newsletter from the admin of the program the interview with whom you will be able to to find on my blog tomorrow:
“Hello. Greetings on a weekend! We hope you have been having a great earning week with almost every member already in profit in CazaInvestment. We are so pleased about the progress of our project and we hope it continues and strengthens more by the day.
CazaInvestment happens to be one of the top projects running presently and this is as a result of your support and the effort of administrators, check on MNO Monitor and you would see we have become the Top 10 rated; this is so good for our business and for our investors. Our interviews would be published in no time, answers have been sent so please stay tuned.
CAZA! CAZA! CAZA EXPLOSIVE; this is our new plan; we have just added this plan to our site for the benefits of our members who may want a more aggressive earning opportunity. It pays 12% daily for 12days with a minimum deposit of $100 and maximum deposit of $5000, you would be able to withdraw your earnings daily as well as compound.
We are on top and we hope to stay on top, all withdrawal request are been processed on time and our support are always online to have your questions answers. Enjoy your membership as you take hold of this profitable oil and gas investment opportunity.
Thanks, Pally Eppie
CazaInvestment Inc – Relations Officer.”

I have been paid today on the first expiry of my investment with YamaFinance which was made into the 1.2% for 100 business days plan. The withdrawal came through very fast (although not instant as usual) and I have successfully reinvested into the same plan. YamaFinance is currently ranked as #9 on MNO and after nearly 5 months monitoring is still one of the most interesting choices. In my opinion, YamaFinance is doing very well with its very gradual growth and stable payouts to LibertyReserve and PerfectMoney to the following plans with principal returned on expiry: 1.2% for 100 business days, 6.25% for 22 weeks, 1.3%-1.55% for 110 business days and 1.6% for 120 business days. Of course the limited choice of payment processors kinda puts the brakes on the growth and I believe it would be more beneficial if YamaFinance could accept more payment options in the near future. If you want to read more about the program please refer to my detailed review of YamaFinance published here or my interview with its admin here.

If you’re looking for a brand-new short-term program then you might be interested to check out InvGenerator program that was launched just two days and has been added to Premium list on MNO tonight. InvGenerator only accepts LibertyReserve and PerfectMoney and offers three plans with payments on expiry: 115% after 6 days ($10 minimum), 140% after 11 days ($50 minimum) and 170% after 15 days ($100 minimum). InvGenerator is running off a licensed GoldCoders script, SSL-protected and is hosted with one of the leaders in the market – BlackLotus who have it on the highest level of Enterprise protection. I will deliver you a more detailed review of InvGenerator next week and meanwhile you can check the site out and read the introduction given by the admin of the project on the main page of InvGenerator:
“Got some money to spare and some time to spend online? Here’s a brand-new project that will help you invest both your time and your money on the Instant Payments basis. With us you can learn your money’s real worth – and without halting for weekends, for this is a round-the-week project. We won’t stop while the money is coming. The project is taking off, read the conditions and get on board, we are glad to welcome you.”

Here is the list of the programs that paid me within the last 24 hours:
EarnPlaza, GWDConline, FelixFunds, TerraProfits, YamaFinance, OilStructure, RoboticInvest, PandaTrade, CherryShares, HourlyInstant, WorldPrivateFunds, FiboTradePro, FenixTrust, MutualTreaty, Flamanta, CazaInvestment, FondosMayores, GloTrade, GainBucks, YesInvestment, MicroTechFund and TetraMetals (the first instant payout was processed).

I hope to see you all on my blog tomorrow with an interesting interview from the admin of CazaInvestment. Stay tuned and see you tomorrow, guys!