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

Hi guys! Before we get to today’s news I want to move away a bit from the shorter term programs that have been dominating this week and look at something a bit more medium to long term. The program is called GoldMiningFund and has been monitored on MNO since last Monday. In fact to date I think I might still be the only monitor covering them but I believe that will change soon enough.

GoldMiningFund have a number of different plans available depending on how much you are prepared to risk with them. But basically they all fall into one of two categories – plans that return your principal on expiry and plans that do not. The plans that don’t return it compensate by offering higher interest payments but are a bit more expensive to join.

But starting as we do at the other end of the scale, you can join the cheapest plan for just $10. It runs for 30 calendar days and makes daily payments of 2% interest. At the end of the term that adds up to 60% interest which can then be considered as profit after GoldMiningFund returns your principal. The maximum investment for this one is $100.

The rest of the plans work in more or less the same way except that the terms, the minimum spends, and the payments all increase. So to join the second plan GoldMiningFund require a minimum spend of $101. The term runs for 40 calendar days and payments of 2.2% are made daily. This eventually adds up to 88% which will be your profit after the return of your principal. The maximum investment for this one is $200.

For those prepared to spend from a $201 minimum to a $500 maximum, GoldMiningFund‘s next plan runs for a 50 calendar day term. In return for joining you are offered a daily interest payment of 2.4% which should eventually grow into a total return of 120% on top of which your principal then gets handed back.

Getting to the more serious players now, for a minimum deposit of $501 GoldMiningFund are offering a daily interest rate of 2.6% for a 60 day investment term. That amounts to 156% in profits which is in addition to your principal getting handed back. Maximum spend is $1,000.

The fifth plan requires at least a $1,001 to join and it runs for 70 calendar days. During that time you are offered a daily payment of 2.8% interest and again have your deposit handed back on expiry. The total payments should amount to a profit of 196%.

GoldMiningFund‘s sixth plan, and the last one offering to return your principal, is really one for the high rollers. Assuming December hasn’t made them all extinct that is! Anyway, the cost of joining is a $5,001 minimum deposit and the plan runs for 80 calendar days. In return you are offered a rate of 3% interest per day totaling at 240% in total. Maximum spend is $25,000.

If that’s too long for you and all you’re really after is just a fast profit and aren’t afraid of spending money in order to obtain it then GoldMiningFund has a couple of interesting shorter term options that may prove popular should the program be successful come January. Both of them run for 30 calendar days and both of them count your principal as part of the payments.

The first of these requires an investment of between a $250 minimum and a $1,000 maximum. Over the course of the 30 day term you are offered an increased rate of 4.5% interest per day, allowing you to break even after 23 days and finish with a total return of 135%, or 35% profit.

For larger deposits of between $1,001 to the maximum allowed $10,000 the rate goes to 5% per day. In this case you break even after 20 days and complete the cycle with a grand total of 150%, of which 50% is profit.

GoldMiningFund accepts four payment processors: LibertyReserve, PerfectMoney, GlobalDigitalPay and AlertPay. Not a bad selection it has to be said. The script works in such a was as to make the process of joining a bit like buying shares in the program, priced at $1 each. Payments are made manually so will need to be requested. Once done the admin requires anything up to 24 hours to have it completed. Minimum withdrawal is $1.

GoldMiningFund is properly secured by an SSL connection with hosting by BlackLotus on a dedicated Enterprise level server. Some pages (like the one labeled “instructions”) are still missing but I guess the admin will either add them with time or else remove the link completely because GoldMiningFund is a brand new site and still needs a finishing touch. That being said there’s nothing wrong with their support so far and you can contact the admin by either e-mailing him directly or filling in your details on the form on the contacts page and submitting it. They also have a fax number and a postal address which I am unable to verify as it’s in Panama. GoldMiningFund also have a Skype account for live chat/calls, but no schedule as to when it’s online.

The concept of investing in mining for gold may not exactly be an original one in the HYIP sphere, but at least in this case the texts are. Not that I’m suggesting you believe them or anything (that’s your own business) though it shows a little extra effort on behalf of the admin. He’ll need more than just that to make a success of GoldMiningFund of course and I think January will give us a clearer picture of where this is going. But if you are going to join then the best time to do so is typically at the beginning, and always remember that the rules about staying safe online are more important now than ever. So keep it affordable (whatever that means to you) and use this as a smaller part of a wider portfolio.

DAILY NEWS FROM THE INDUSTRY.

Let’s start today’s news with the latest update from one of the most popular low-ROI programs which will hopefully be able to survive Black December – PandaTrade. The program already managed to reach #8 spot on MNO monitoring and keeps climbing higher while other older programs are collapsing as we get closer to Christmas. You might remember that last week a PDF presentation in thirty languages were added to PandaTrade’s website describing the plans potential investors might be interested in along with their business concept and some other features mentioned in my detailed review of the program published here. This web presentation can be used though as a mighty advertising tool if you want to promote PandaTrade in your local area in your native language and in my honest opinion can really increase the program’s popularity around the world and attract many new interested people. Until now these PDF presentations were available in download only format, but starting today you will be also able to get a high-resolution version for printers and make high-quality presentations to demonstrate to those who might not have their own computer. This is a wise move as well and it makes the site look even more professional and tempting to join. Of course, you should always remember that such actions should be seen in terms of the possible growth and not as evidence of their investment activities. So only invest what you can afford to lose, even when a program looks so nice and professional like PandaTrade, although I really appreciate the admin’s efforts in spreading the word about the program internationally which will definitely benefit existing members in the long run. Here is the latest newsletter introducing the new printer-friendly version of their PDF presentations in 30 languages:
“Welcome to Client Support Department of PandaTrade!
Good news for our partners – we provide you with print version of our presentation in 30 languages. Choose your language, promote PandaTrade and get partnership interest.
Print version is not heavier than 30 Mb. This version was created in a special format .TIFF, intended for printing high quality pictures in both print shops and at home using a color printer.
Use the print version to develop your partner business, demonstrate it to your colleagues, friends, partners and relatives. You may hold conferences, send presentation by mail or show your bosses to demonstrate the unique opportunities of the investment company PandaTrade to get an income.
If you need any help to control investor area, you may use information provided in section Help for investors.
Probably your question has already been answered on the FAQ page.
If you need a consultation of a specialist, please contact online consultant.
Make maximum use of investment opportunities. PandaTrade – inspire success trading!
Client Support Department of PandaTrade, support@pandatrade.com.”

RussianOilFund (reviewed here) seems to me like another serious program which tries its best to create an impression of a real investment opportunity and avoid the HYIP treatment from potential investors who feel quite cautious about investing in low-ROI programs during Black December. If they manage to do it well then the potential investors are to judge. I’d only add that I always appreciate when an admin tries to keep his members updated regularly and tries to make a good impression which is vital if you’re here to survive the slow period in the industry. The latest newsletter from RussianOilFund mentioned that the next corporate update would be published on their site the following Monday and reminded that there is still two weeks left till their Facebook and Twitter contest is finished. I hope the winners will be rewarded on December, 30th and it’s not just hype to bring attention to the program. Here is the first newsletter I received today from RussianOilFund:
“Hello RussianOilFund Family,
We would like to announce the release of Corporate Update 7 will be this upcoming Monday. Corporate Update 7 will be the continuation of Corporate Update 6 where we announced the signing of the Joint Venture agreement and the announcement of a field office in Hong Kong. For those who have not read Corporate Update 6, you can read it at this link: https://russianoilfund.com/index.php?a=news#9
Corporate Update 7 will be the next release of information regarding the Joint Venture agreement that was signed in Hong Kong. Stay tuned for the update this upcoming Monday. This is part of a 3 part release of the details of the Joint Venture.
You also still have time to enter our $500 giveaway that is on going until the end of this Month (December 30th). December 30th is the last day to enter our I’m a RussianOilFund Investor Contest via Twitter and Facebook!
You can enter daily to increase your chances as well as use the Facebook share and invite links.
Enter via Facebook: http://apps.facebook.com/sweepstakeshq/contests/76067
Enter via Twitter: http://wildfireapp.com/twitter/233/contests/76067
Thank You, RussianOilFund”.

That wasn’t the only update from RussianOilFund received today. In the second newsletter members were asked for their suggestions for the following year which they can submit via email. Please refer to the following update regarding that for more details:
“As we approach the end of the year, we’d like to take some time to create our own “New Years Resolutions”. Going into the New Year we’d like to receive all our members input on what they’d like to see from us in any way. You can just submit an email responding to this one with your suggestions on what would make RussianOilFund better in the New Year!
We are looking forward to hearing from all of you!
Thank You, RussianOilFund”.

It looks like we can name ChristmasCracker as the shortest ever lived game as the site disappeared this morning after having been online for not more than 12 hours. This is really hilarious as the site was obviously taken down but some malicious attacks or hosting server issues. There was simply no way that the admin of ChristmasCracker could collect money and run as the investors are very cautious this time of the year and only some tiny deposits were made. That makes absolutely no sense to me to bring the site offline as you can always collect money from the investors. We can assume though that ChristmasCracker was another victim of some unknown downtime possibly caused by some DDoS attacks and shared the fate of the recently collapsed LrPmBrokers and PrimitiveMoney the sites of which have been offline for over two days already. The only difference between those sites was that ChristmasCracker were hosted by BlackLotus while LrPmBrokers and PrimitiveMoney were on Dragonara which both are considered to be the leaders in DDoS protection. Of course, there is a small chance that ChristmasCracker will return online at some point but even if that happens I really doubt we will see some payouts from it, especially since they promised to pay instantly to everybody. Such short term programs like them are especially vulnerable when it comes to downtime and it’s definitely their weakest point compared to long term programs.

AllianceAdvantage also went offline for a couple of hours today due to a very extensive DDoS attack that hit 6 sites on BlockDos according to their support. The DDoS attack was really extensive on AllianceAdvantage and BlockDos had to switch their protection to a more powerful server which took them a very short time to accomplish. I myself had a lot of confidence in this hosting provider just like the admin of AllianceAdvantage had as I dealt with them before and believe me they know how to mitigate such attacks in a very efficient way, not to mention that their support is always very fast and helpful. So it’s great to report that AllianceAdvantage is back online after BlockDos took care of everything. This is the latest email from the admin I received just an hour ago:
“The site is up and running great! Right after I sent the last e-mail, Naju had just e-mailed me asking me to check it and said that it had been moved to a high powered server. I know that I had a really good server before this but I guess it is necessary to move it when these things happen.”

I would like to express my appreciation to Jeff, the admin of AllianceAdvantage (reviewed here) as when it comes to support issues he’s probably one of the better ones around at the moment. He always responds fast and always takes care of things or concerns if my referrals in AllianceAdvantage ask me to help them with some issues. A few days ago some members had login issues in the program and Jeff did his best to resolve it as soon as possible and email every member whose account was affected. I must say that not every admin would do everything that Jeff did for his members so far. This is why I hope that AllianceAdvantage will be able to successfully survive December and really take off in January. I remind you that the programs pays on three investment plans (1.7% for 50 days, 2.2%-2.4% for 60 days, 2.5% for 90 days) accepting AlertPay, LibertyReserve and PerfectMoney and returning the principal on expiry. Of course, Jeff was very fast in replying to me concerning the DDoS attack on their servers and I got his reply within minutes:
“Hello: We are under a massive DDoS attack right now. The support department from BlockDoS just e-mailed me to let me know that they were on it and that it wouldn’t be long before it would be mitigated. Hopefully, just a matter of moments.
BlockDoS is the best in the business, so there is nothing to worry about.
Thank you for understanding and sorry for the inconvenience.
Have a Merry Christmas!
Best Regards, Jeff. AllianceAdvantage”.
I remind you that this attack has been mitigated by now and you can access AllianceAdvantage perfectly well, just like I reported above.

As expected RealFunds scammed just 24 hours after the sudden addition of their too-good-to-be-true plans. I wonder if somebody fell into this trap again because surely we have more reasonable investors who are aware of all these tricks due to MNO warnings so I hope you didn’t get caught yourselves. Anyway, I doubt very much that the admin of RealFunds was in much profit from his program as it failed to become a popular program despite a lot of advertising bought on many forums and blogs. In fact, I think it failed miserably lasting for only six days which made it just over one short cycle. I doubt even if the admin managed to make much from it as too much money was spent on advertising and other expenses. Currently I can’t access the RealFunds website at all and got a couple of complaints from my readers for the delayed payouts. Obviously, RealFunds is gone by now. But it also raised my interest in discussing a topic of the ease or difficulty in running an online HYIP. Is it really true that the admins are always in profit from it or do they sometimes make a loss just like their investors? Look at another short lived program ChristmasCracker, for instance. Did the admin manage to make a profit from his site? Surely not. It was unfortunate that his site was attacked in the first few hours but nobody can predict this and its short life. So I thought it would be nice to discuss the subject on MNOFridays tomorrow when I plan to write another installment of this popular column on MNO. Stay tuned for more on that tomorrow and if you have any ideas on your side please don’t hesitate to submit them on my Shoutbox.

The last issue of MNOFridays which was published on MNO last week (click here to read it) was aimed at discussing such thing as trolling in HYIP industry, its role and impact on programs as well as investors’ mindset. Following that I decided to take a poll to see your opinions on this amusing part of the industry. The poll is still running and will stay open until the weekend when the results will be drawn. So the mid week results of the poll didn’t surprise me as 46% of my readers thinks that trolls “are destroying good opportunities while ignoring the real scams, and not providing any practical help to anyone.” I mostly share this point of view as MNO blog really tries to educate the investors without any nonsense and hidden agendas which trolls often use when it comes to their targets. The less popular option of the poll is “They’re entitled to their opinion, there is both good and bad aspects, but they rarely tell me anything I didn’t already know” which gained 21% of the votes. The other two options are less popular and if you want to influence the outcome you’re still welcome to vote on the poll which is located in the very end of the right blog sidebar or see the results under this link. I would like to encourage you to be more active and say what you think. Thanks a lot for voting, and I believe that by hearing each other we will get closer to the truth.

This is the list of the programs that paid me during the last 24 hours:
ProfitixGroup, AllianceAdvantage, RussianOilFund, OptimumPride, XSeedFinance, FelixFunds, FenixTrust, Konstant, InvestPlatforms, MutualTreaty, PandaTrade, ReProFinance, TetraMetals, YamaFinance, Greenvestment, TerraProfits, MetalicFund, ProfitEu, YesInvestment, GainBucks, UnicornInv, 144CashAds, FondosMayores, FutureTrails, PrimoEarnings and GoldMiningFund.

That’s about it for tonight. See you all tomorrow, guys!