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

Hi everyone! Hope your weekend is going well so far. It’s been quiet enough once more on the news front as weekends so often are, but that doesn’t mean there isn’t some activity to report on. Far from it in fact and the first thing I want to talk about is a highly promising new HYI program, and also a highly original one, called Greenvestment. It’s a brand new long term investment program that launched during the week and with what is to be brutally honest “a void” opening up in the HYIP market over the last few days Greenvestment are in as good a position as any to fill it.

There are many original features to Greenvestment but the first thing to catch my eye was the plans. There’s three of them in total and all of them are very affordable. In fact they all come with the same basic ten dollar price tag if you wish to join. The difference between them however is the various lock-in periods you are required to leave your principal in place before you can leave. The choice being put to you is that for an increased daily profit you will be required to leave your principal in place for a longer term. Don’t like it? Fine. You can get your money back a lot faster if you opt for a smaller daily profit. Don’t worry if I’m making it sound complicated now – it isn’t and I’ll go through each individual plan for you here anyway. But the question you will need to ask yourself is what is more important? To get your principal back as fast as possible and finish with the program? Or to just break even as fast as possible, take a risk with the principal after that, and ultimately earn a lot more? The choice is yours but whatever option you decide on none of them need be any more expensive than the rest.

All of Greenvestment‘s plans come with a minimum lock-in period attached. This however is just the minimum term you are required to stay in the plan. Once it expires you are free to either withdraw your principal in full, or else leave it in place and continue to earn a daily interest payment until such a time as you are ready to withdraw or the program just collapses. Personally, and I know I’ve said this before, I always stay with the program to the end. Yes, partially because I’m a monitor but speaking as an investor once I’ve earned back an amount equal to my principal everything after that is a pure passive income. If I’m in profit I see no reason to walk away from that. Sure, you never know what your final earnings will be in programs like Greenvestment, but to me the gamble is part of the attraction of the whole online HYIP industry. Like Forrest Gump and his famous box of chocolates! But anyway, that’s just me. You are free to make your own decisions based on your own individual needs and circumstances.

So getting moving on to the plans themselves, as I already said there’s three of them. The first carries a minimum term of 50 business days (10 weeks) and can be joined for a deposit of $10 or more. In return you are offered an interest payment of 2% per business day from Monday to Friday. That adds up to 10% per week and 100% by the time the plan expires.

But of course the plan doesn’t really expire. When 50 business days have elapsed you may ask for your principal back. If you want to leave now you will have doubled your money. If you are happy with the longer term prospects of Greenvestment and are satisfied with the fact that you have at least broken even then you may leave your principal in place and continue to collect 2% per business day until you’re ready to leave.

That first plan is probably a better option for those of you who prefer to withdraw after the suggested minimum term. Anyone with an eye on longer term earnings (or a least a chance of them) might be better off looking into Greenvestment‘s second plan. It too will only cost you a $10 minimum so it’s quite affordable, however the lock-in period for your investment stretches to 100 business days (20 weeks). In return you will then be paid an interest rate of 2.5% per business day from Monday through Friday. That adds up to 12.5% per week, allows you to break even after 40 business days, and gives you a total of 250% at the end of the lock-in period. You may collect your principal now and leave Greenvestment, or continue to earn by keeping your principal in place.

However I think the more adventurous players out there will probably opt for Greenvestment‘s third plan. On one hand it carries the highest risk in terms of getting your actual principal back, but on the other hand it allows you to break even the fastest. Just decide where your priorities lie before proceeding.

The plan itself again requires a $10 minimum to participate, and your principal gets locked-in for 150 business days (30 weeks). After that you are paid 3% interest per business day. This will allow you to earn 15% per week and break even after 34 business days (just under 7 weeks). Everything after that is profit and assuming the plan runs for its full term should allow you to collect a total profit of 450%. Your principal will then only be returned if you ask for it. You can take it if you wish but my guess is that most people joining this particular plan are doing so prepared to take the risk and continue earning.

A couple of other quick points about the plans include that once the lock-in period expires and (if) you decide to leave your principal in place then your future earnings are in no way guaranteed. Possibly you will find yourself earning more than what the principal was worth, and possibly you won’t. The important thing to remember is that if you have completed the minimum investment term then you will have at least broken even. After that you can’t really lose money as such, but don’t get annoyed if you don’t end up earning the millions that you wished for. The industry doesn’t work like that unfortunately but can nevertheless be profitable if you play smart and stay realistic.

Another interesting aspect to Greenvestment‘s plans is that not only are the terms not fixed, the principals aren’t fixed either. You can join any of them for a $10 minimum, however you may top up your investment at any time by just adding an extra couple of bucks later on once you’re satisfied that the program is to your liking. And it doesn’t matter in the long run if you do add more money to it because the lock-in date will still expire on the same day, having been based according to the day you first joined.

As is so often the case with longer term HYI programs, the payment options are a bit limited. LibertyReserve and PerfectMoney are the only processors currently accepted by Greenvestment and nothing to indicate that might change. Not that there’s anything wrong with either of them, but just remember that nothing gets reversed under any circumstances so make sure you play with money you can do without for the moment. Interest payments are credited to your Greenvestment account automatically at the same time – 12.00 GMT – and can then be requested. Once made you should allow up to 24 hours to see the money in your e-currency account. So far payments have been a lot faster than that. Incidentally, bank wire transfers are also acceptable but due to the fact that these are only for deposits of $5,000 or more are unlikely to attract many takers. Not this side of Christmas anyway.

The security and design side of things is pretty good. Well above average for most HYIPs I’d have to say with Greenvestment running off a unique and customized script like most of the more serious programs around and is DDoS protected by Dragonara who have them on a dedicated server. The website is also SSL encrypted throughout. There’s a good variety of contact options if you have any questions or support related issues. As well as the usual support ticketing form you can e-mail the admin directly. There’s a couple of postal addresses in the UK and the Cayman Islands that I really can’t verify but from experience I know that HYIPs mostly use serviced “virtual” offices as mailing addresses. They’re not expensive to hire by the way, and are perfectly legal. What I can verify however is Greenvestment‘s telephone support. I called them today and while they only work from Monday to Friday I did reach their office and was told (by recording) that you are free to contact them during business hours (GMT) up to 16.00.

Allegedly the program is investing in greener alternative energy sources, environmentally friendly consumer goods and services, etc. Some texts are original, some are shall we say “paraphrased” from other news sources. One quote is even taken from a UK newspaper (the Sunday Telegraph) published only today. So at least they’re keeping it topical! But be that as it may as far as online HYI websites go Greenvestment is original enough in the categories that matter – the plans, their profitability, and their protection. Risks are there of course, as they always are, but for a $10 minimum the size of the risk is entirely up to you. Personally I think Greenvestment are at least the equal of any other long term HYIP to hit our screens in recent weeks. I might be more enthusiastic were it not for other events in the industry that have nothing to do with this program, but on a purely one to one basis it’s worth a few bucks as a small part of a wider more diverse portfolio.

DAILY NEWS FROM THE INDUSTRY.

Let’s start tonight’s update for with an important warning about AllianceAdvantage (reviewed here). It came to my attention a couple of days ago that some investors trying to make deposits to one of the plans (1.7% for 50 days, 2.2%-2.4% for 60 days, 2.5% for 90 days) faced some difficulties and cannot see their account being credited automatically after the deposit was made. So I asked the admin for the clarification on that and he admitted that the script really did have some issues but with the help of its hosting provider BlockDos it was finally fixed and now you can deposit via the three payment options (LibertyReserve, PerfectMoney and AlertPay) with no issues. I would like to thank the admin for his fast action in solving the issue and sending the following newsletter to the members of AllianceAdvantage last night where it was highlighted:
“Hello Members:
It was brought to my attention that the script was not updating the payment amount after the member had made a payment through AlertPay. I contacted AlertPay yesterday to find out what the issue was and they said that everything was fine on their side but that I needed to update something in the programming at AlertPay that relays the information back to my website when a payment has been made. I contacted my hosting provider Block DOS and they helped me correct the issue this afternoon.
Block DOS is really responsive when it comes to customer issues and I am sure glad to have them when an issue does happen to present itself.
Liberty Reserve payments are processing great and all payments have been made on all payment processors.
I’m really happy with the way things have been going so far. If anybody has any questions or anything please e-mail me or open up a support ticket. I’ll be around all weekend and speaking of that I hope you all have a good one!
Best Regards, Jeff Minner
AllianceAdvantage”.

Despite a cheery update from CazaInvestment last night I received a couple of complaints from readers today due to pending payouts to LibertyReserve. As far as I know all AlertPay payouts are still being processed fine and pretty fast while some LibertyReserve payouts might be delayed. The admin Pally (interviewed here) explained those delays with the necessity to go through every single withdrawal request manually and still having to deal with the consequences of the formerly problematic CazaExecutive weekly paying plan. Pally also asks to allow 48 hours for your LibertyReserve withdrawal requests to be paid before submitting a support ticket. I will give him the benefit of the doubt on that as nowhere in their terms and conditions could I find mention of the payouts having to be done within 24 hours. Anyway, I just report the facts on my blog and hope that all the members of CazaInvestment will be paid tomorrow regardless of which payment processor they joined with or which of the plans: 3.2% for 45 days (principal included), 3% for 21 days (principal back), 12% for 12 days (principal included). Here is the newsletter from CazaInvestment from last night telling about the success the program was able to achieve during its first 40 days online:
“Happy Weekend to all members of CazaInvestment Inc. This is a season of Joy and Fun and we hope you all are taking out time with friends and family to enjoy the feel of winter? We wish you all the best.
Not much news for today other than the major fact that CazaInvestment Inc is doing very well, payment are been processed and we do answer all customer support right on time. Our Program has become top 5 on MoneyNewsOnline Monitoring page, we achieved this mass success in less than 8 weeks of operating, we have launched our mass advertising and we hope it helps to increase our member base.
The top is what we reach out for. The Top is where every member of CazaInvestment would get to, we are going to stay on track and continue our fast payment and hold on to quality support service.
Thanks, Pally Eppie”.

Some readers have noticed the site of GWDConline is offline and its showing only a suspended page. I think this message has been online for over 24 hours now and so needs to be taken pretty seriously. I have already put GWDConline on hold on my monitoring page but fortunately managed to receive a reply from the admin of the program Albert. He was apparently aware of this situation and blamed his hosting provider for not answering his support tickets that he had sent to them already:
“I opened a ticket but cant get a response. I checked e-mails and all I can find is a request form hosting for upgrading ddos protection that I missed as they gave me 2 hours to pay it. I will provide a update as soon as I can.”
I sincerely hope that this situation will be resolved soon and we will see GWDConline back and paying again. For now please hold off from spending there even if you see the site back online as we need to hear some official statement from the admin of the program first.

The proven scam EzProfit which is currently paying only on daily plans and ignoring all the legitimate requests from members who can’t withdraw from the on expiry plans still labeled is as Paying on some low-quality monitors. Maybe due to their “good job” it’s still afloat and keeps paying to daily plans investors at the expense of those unfortunate enough to make deposits in the on expiry plans. But for me it looks like EzProfit is doing its best to run for more time by feeding those who still hope to get their Debit cards (which is a good excuse for those to whom they refuse to pay). You remember that a month ago EzProfit‘s administration reported about some delays “on their bank’s side” were allegedly to blame for the shipping delays. It looks like this non-existent bank is finally going to deliver those cards by tomorrow and I guess then the will be “sending” them to their clients then. Of course, it will no doubt take weeks to receive these cards (as you know that they don’t exist) and then the Christmas holidays are nearly there and it will be a perfect excuse for them to explain the delays that will definitely follow. Well, you can read up on their scamming tactics yourself by reading my detailed analysis here (it was made more than a month ago) and wonder how it’s possible that they still manage to run their site after all the sloppy excuses made for not paying their investors. If you still believe in their nicely written stories about the Debit cards you’re welcome to read the latest update posted on the site of EzProfit but be sure that I will follow the story on my blog and will let you know when the program will collapse eventually:
“Debit Card Available
Finally the debit cards are available and we are waiting for the bank ship to us. The bank will ship out the debit cards to us by Monday 29th November.
We will ship to you once we received the debit cards.”

It looks like the AlertPay account of EarnPlaza has been suspended so the only way now to receive refunds from AP is to file a dispute as the admin of the program obviously no longer has any control over the funds anymore. I wonder if he was able to process more refunds if not for some interference from AlertPay themselves caused by complaints submitted by AlertPay holders despite the fact that the payouts to AP were properly paid at the time. We can only guess now as the site of EarnPlaza has disappeared now and there is only a blank page available if you try to load it. I believe that means the official end of EarnPlaza – the program that was apparently the last successful short-term HYIP of 2010 that managed to be run for over 2 months without any major issues. Well, I look forward to 2011 now to discover some more quality short-term programs and I’m sure that one of them will be from Matt who managed EarnPlaza and (possibly!) only fell victim to hackers.

Staying on the subject of AlertPay we can also see some intermediary results of my current poll asking your attitude towards programs not accepting this payment processor for some reason. So, to my surprise the most popular answer about investing in HYIPs that don’t accept AlertPay was negative and supported by 48% of voters. The most popular answer so far is: “No, as I believe that an admin who doesn’t accept AlertPay cannot be treated seriously.” 34% of the voters believe that the availability of AlertPay as a payment processor doesn’t affect their decision to invest into it as they mostly look at the overall quality of the program. The option they chose was: “I don’t know, it will depend on the overall quality of the program.” Only 18% of the voters say their decisions are not affected by AlertPay’s availability as they don’t think it’s necessary at all. Their choice was: “Yes, as I believe AlertPay is not a compulsory option for HYIP admins.” I believe this poll will show us how the HYIPs can be treated seriously without using AlertPay which is one of the most popular investment options now and maybe will make some future program admins seriously consider adding them. I remind you that you can vote for your favorite option at the end of the right sidebar. The final results of the poll will be counted and analyzed in a few days.

In another poll run by the respected EcommerceJournal AlertPay is coming second so far scoring 39% against 46% by the leader LibertyReserve. The poll in which you can participate here was aimed to name The best payment system of 2010. By the way MNO blog was nominated for The best e-commerce blog of 2010 for the second year in a row and I hope that this year (just like in 2009) I will be able to win this prestigious competition thanks to the help of my loyal readers. Please cast your vote for MNO here if you appreciate what I’m doing. Thanks a lot for your support, guys!

Here is the list of the programs that paid me during the last 24 hours:
Greenvestment (the first payment received), Konstant, AvatarSurf, InvestPlatforms, OptimumPride, DailyGains, TerraProfits, FelixFunds, FiboTradePro, YesInvestment, GainBucks, GloTrade, CazaInvestment, AllianceAdvantage and RedOrchidInvest.

A new short-term program added to my monitoring tonight is a brand new short term program called OnlineMoneyInvest. The admin of the program promises instant payouts (in some cases you have to wait up to 12 hours) to LibertyReserve and PerfectMoney. The choice of plans in OnlineMoneyInvest is very wide and depending on your deposited amount (the minimum to most of the plans is $10) you will be able to see the following returns: 105%-129% after 1 day, 55.5%-70% for 2 days, 112%-162% after 2 days, 140%-340% after 7 days, 185%-700% after 15 days, 265%-1500% after 30 days. The website of OnlineMoneyInvest is also up to a reasonably high standard: it’s an SSL encrypted site running off a licensed GoldCoders script and is hosted on a dedicated server protected by Dragonara against possible DDoS attacks. The texts are not original though that’s hardly necessary for such a fast game but the overall design of the site is quite decent. I’m going to review OnlineMoneyInvest on my blog tomorrow when the first instant payments should have been paid. Stay tuned for that, guys!

That’s all the news for today, guys. See you on my blog tomorrow with the latest updates from the industry!