Beware! FixedMonthlyIncome has stopped paying! Do not invest there!

Hello all! Hope you’re all having a good weekend so far! For myself I had a pretty long drive today as I made my way to the western sea shore of Ireland where I’m going to be staying for a couple of days before going home, but I can tell you it’s worth it. The view over Connemara and the Atlantic ocean is surely one of nature’s wonders on a fine spring day! But as ever there’s always time for business and before tonight’s news there’s one program in particular that I know has been intriguing MNO readers for the last month. It’s called FixedMonthlyIncome and you’ll have seen it listed on my monitoring page since late February. I’ve gotten a few curious e-mails about it since then so now, as I’m able to confirm that it’s a paying program (as I have received the first of what I hope to be many payments for a very long time to come) I can finally delve into it in a bit more detail.

I suppose to start with – and I don’t mean this in a bad way but it’s something that simply must be addressed right from the very start – FixedMonthlyIncome will not be a suitable program for all of you. Some of you maybe, but not all of you. This is a program aimed more at the serious long term investors. The “career HYIP players” if you like, those that spend and earn a more significant portion of their income from the internet as compared to those in the regular work-a-day world. But I also know that a good deal of serious players read MNO so the program isn’t without a fair sized amount of appeal. However the fact is that FixedMonthlyIncome will appeal to a more limited audience than most online HYIPs, but if you’re one of that audience then keep reading. You might like it but it’s definitely a very interesting opportunity if you’ve got the money and you’ve got the patience.

After a month being monitored by MNO I imagine some of you might be wondering you’re only hearing about it now. Well, the fact is that FixedMonthlyIncome (as the name hints) makes one monthly interest payment to its members. So basically it’s taken this long to get paid, so therefore it’s taken this long to tell you about it. But I do hope it’s been worth the wait because it’s a very unique program with a lot of undeniable potential in front of it. How the program’s owners tap into that potential is a completely separate matter, but it’s definitely there.

FixedMonthlyIncome only has one investment plan, though it’s not quite as simple as you might first think. You may join it with either dollars or euros, though for convenience I’m just going to describe in using dollars here. It provides a steady monthly interest payment which is fine, but there’s also a bonus system of payments that comes into play the longer you stay a member, so that needs to be considered, as well as a fairly large sized minimum withdrawal that means not everyone will be able to profit from them every month despite a generous earning.

But let’s look at the actual plan before we worry about any of that. You’re going to need a minimum of $1,000 to join FixedMonthlyIncome, so bear that in mind before doing anything. But if you’re prepared to spend that kind of money then what you are offered in return is a monthly interest payment of 10%. The plan has no expiry date so you can expect to collect that 10% interest payment every month until you decide that it’s time for you to leave the program and withdraw your principal. After that it’s pretty easy to work out your total earnings from the program, for example if you stay for one month your profit is 10%, stay for two months and your profit is 20% and so on.

That however is a rather oversimplified version of how FixedMonthlyIncome works and there’s more to consider than just that. For one thing there’s a minimum withdrawal of $500, so if you’re joining with anything less that $5,000 then the only way you can withdraw your first months profit is going to be to take your principal out with it. Fair enough I suppose but hardly the reason you’d be joining a program like this one to begin with. But your 10% monthly profit is just one source of payments from FixedMonthlyIncome. The other main source comes in the form of a quarterly bonus payment made every three full months you are a member.

For instance here’s an example:
We’ll say you invest with the minimum $1,000. Every month you get paid $100 (10%) interest. You can’t actually withdraw anything unless your withdrawal is $500 or more, so you may be tempted to withdraw your principal. However if you’re prepared to leave your actual principal untouched then FixedMonthlyIncome are prepared to sweeten the deal for you by paying a little extra every three months. So in addition to your regular 10% payment, you’ll get an extra 10% on top of that in the third month. Stay for six months and that payment will double to 20%, and stay at 20% every third month after that.

Confused? Don’t be. It looks like this:
You invest $1,000. For months number 1 and 2 you get $100 each. For month number 3 you get another $100 as a regular payment but you can also expect an extra $100 as a bonus payment. Months 4 and 5 will see you get your usual $100 again. Month 6 however will see the usual $100 be supplemented by an extra $200 this time. Months 7 and 8 again see you earn $100 per month, with month 9 again seeing a $200 bonus on top of the regular monthly $100. And that’s more or less how it continues in three month cycles after that.

One of many things that differentiates FixedMonthlyIncome from just about anything else in the HYIP world is the payment options. The traditional methods are shunned in favor of Bank Wire Transfers, their exclusive payment option. If you wish to join FixedMonthlyIncome then the only way you can do so is to transfer money directly from your bank account into theirs. In order to get paid, they will in turn transfer funds from their bank account back into yours. In the years I’ve been in the HYIP industry I can honestly say I’ve only encountered a handful of people that have favored this method over the traditional payment processors. On the other hand I wouldn’t say this is entirely a bad thing as there’s always going to be a certain paper trail left behind by any transaction not found by the likes of let’s say LibertyReserve. Your bank may not be able to recover your deposit in the event of you losing money, however nor are they likely to just sit there shrugging their shoulders in the event of you lodging a complaint. They may be limited in what they have the authority to do for you after you have made a transfer freely and of your own accord but are unlikely to abandon you completely. If they do then I suggest you find another bank. If you don’t wish to use bank transfers then you may use WesternUnion as an alternative. You’ll find the details on the FixedMonthlyIncome website.

Having said that my feelings on the wider security of the FixedMonthlyIncome website are a bit mixed. FixedMonthlyIncome is hosted on a dedicated Piradius server but no DDoS-protection has been installed. However as there is no script in the traditional sense and no member’s account area (money changing hands directly from bank to bank) the chances of a hacker breaking into your “account” is effectively cut out. After all, there’s nothing there to actually hack. Unfortunately there is also no SSL certificate, and I really feel that a program that requires such a large minimum spend from its members would take this a bit more seriously. You’re required to submit you’re bank account details and deposit at least $1,000. The only ones in a position to do this would be the more serious industry players, people who have much higher expectations of the programs where they deposit. FixedMonthlyIncome try to distance themselves from the wider HYIP related industry after all, and this is no cheap $10 short term scam. So a little extra work would be appreciated here by the people who are expected to be the ones financing FixedMonthlyIncome with their deposits.

If you have any questions about that, or indeed any comments or suggestions, then there’s a good variety of ways to contact the administration team. There are two telephone numbers which are manned between 09.00 and 17.00 EST (14.00 and 22.00 GMT). You have a selection of e-mail addresses, each one dedicated to a particular issue (payments, tech support, etc) so you can contact the right department from the very start. There is also the more usual method of the online ticketing system where you can just fill out the form provided and submit. And finally there is a postal address in Panama, actually a PO Box number to be exact, so it’s most likely a virtual serviced address.

For what is on the face of it largely a highly original program in the online investments industry, I can’t say the same for the texts. They’re not original and have been seen used in other online HYIPs in the past. Not that it indicates a connection or anything (because it doesn’t), but it would suggest that FixedMonthlyIncome‘s alleged line of business is unlikely to be as genuine as they say it is. For the record that business is ForEx trading, but again for the size of the deposit you are being asked to make I think a more convincing case could have been made for this than texts previously seen on other HYIP based websites. So therefore until proven otherwise that’s pretty much how you need to approach FixedMonthlyIncome. I don’t mean to overstate the size of the deposit by the way (so sorry if I did) because it’s exactly the same principle as everything else in this industry – ie no matter what it is it’s perfectly OK as long as you can afford it. So make sure that you can afford it and then use them as part of a diverse and varied portfolio.

DAILY NEWS FROM THE INDUSTRY.

I think EliteAlliance is possibly one of the most popular programs on MNO now having recently hit the #4 position on MNO rating and capturing the attention of investors with four lucrative plans with payouts on expiry – 111% after 7 days, 125% after 14 days, 160% after 1 month, and 260% after 2 months. The minimum to invest in every plan is only $10 and this is a very attractive feature for many people. together with the acceptance of all the popular payment options – LibertyReserve, PerfectMoney, AlertPay and SolidTrustPay. Another important factor influencing the popularity of EliteAlliance is definitely a kind of romantic flair of spy movies because the program is in essence a private investment club where new sign ups are allowed only by invitation from existing members (to join via MNO invitation please click this link). Apart from this the concept of the program and all the main features were discussed in detail in my exclusive interview with the EliteAlliance admin Leon here and before that in my review of the program published here. But let’s return to the latest update which was available for viewing only by their active investors through the members’s area.

The main theme for the recent update was the new plans lined up for members in the near future. The most exciting plans are scheduled to be released in April but already for the last day of March there is another event not to be missed by members of EliteAlliance who are concerned about the course of the program’s future development. A Live Conference (similar to those held regularly on MNO chat) is scheduled to be held on March, 31st, and the link to book one of the limited number of seats will be open to members a couple of hours before the event takes place. Other important matters to be discussed included opening the program’s private forum up to more members and subsequently a greater level of transparency, the fan page on Facebook which also serves as another social networking tool for the program’s members. The current problems with Helpdesk were explained as well as the pending support requests which were promised to be answered as soon as possible. Please read the entire update below for more recent news from EliteAlliance:
“Update from Alex Reiter
Dear Business Partners,
I am glad to report that I have just received an Update from Leon, who is still in London. I apologize for being a little late with posting it. Please read it carefully not to miss something important.
*************
Dear Members,
It’s Leon here. I am currently at the Hotel Russel here in London preparing for departure later in the evening. These two days at the National Asset-Liability Management conference were truly inspiring. Though the whole Conference was definitely something worth attending, the most valuable time I spent was yesterday’s late dinner with my partners and associates, among whom was Roberts Grava of World Bank Group.
As for the EliteAlliance Wealth Club itself, yesterday was a very favorable day and hopefully, by the end of April we are going to have a Contract that will absolutely protect Elite Group from losses and liability and completely eliminate the chances of losing money in both the short run and in the long run. All this will be discussed in detail during the LIVE Interview next week. As of now (fingers crossed), we as an organization are extremely fortunate to have things going so well…
Now, back to the topic of this Update, I would like to highlight several key events.
1. LIVE Interview
The main upcoming event is definitely the LIVE Interview, which is scheduled to air on Thursday, Mar. 31, at 22:00 GMT+01:00 in our Live Conference Room. To participate in the Conference and listen to the Interview in real time, you need to “book a seat” by logging in to the Live Conference which will become available from our main page (https://www.elitealliance.net/) on Thursday, Mar. 31, at 20:00 GMT+01:00 (strictly 2 hours before the Interview begins). Please remember, the number of seats is limited!
2. Private Forum
The Open Poll will end up next week and beginning from April the Forum will become accessible to more Members. Every Member eligible for access will receive an email with instructions. This will also be discussed during the Interview next week, so stay tuned!
3. EliteAlliance Fan Page
As many of you are already aware, EliteAlliance is now on Facebook. Please find us at http://www.facebook.com/elitewealth Our fanbase is growing by the day, invite your friends and spread the word about EliteAlliance.
4. Support Requests
We are planning on installing a HelpDesk software to better handle Support Requests. That is why the Support Tickets within your Members Area will not be accessible for several days starting tomorrow. Current situation shows that Members tend to open several Support Tickets on the same matter. We always ask not to do so as this will push your ticket further down our queue and may result in a delayed response from us. As soon as our new help desk software is installed, we will update you immediately. Also, all currently open Support Tickets will be replied to via e-mail as soon as possible.
As soon as I am finished with this Update, I will be waiting for a list of Pending Withdrawal Requests from Alex. All withdrawals will be processed within an hour or so after receiving the List. Have nice profits Everyone!
Best regards, Leon Reiter
Elite Group Managing Director
*************
I want to let everyone know that Leon and I talked today for almost 2 hours about EliteAlliance and its course. There is a lot more to come in April, so stay tuned for the Interview! I bet this one will be interesting and even reveal more about EliteAlliance and it’s future!
Take care and best regards, Alex. Elite Group”.

The admin of SparkMetals Ashley announced that the first cash bonuses awarded to members investing $40 or more in the only investment plan provided by the program – 2.5% for 120 days with principal back on expiry – came to an end and that the next contest would be announced in the following week. So far the experience with SparkMetals has been quite positive as for the first 18 days of monitoring on MNO they paid within 24 hours on request to all the payment processors accepted – LibertyReserve, PerfectMoney and AlertPay. Let’s hope it will continue. Here is the latest weekend update from SparkMetals (reviewed here):
“We are proud to inform all our members of the increasing success we are experiencing at SparkMetals. All payouts have been prompt and all support tickets have been answered.
Our first contest has finally come to an end. Next week SparkMetals will be coming up with a special package.
Once again thank you all for been a member of SparkMetals, and we ask that you remember to post in forums and on monitors when your payout is received.
We wish you all a great weekend; enjoy your time with your families and friends.
Regards. Ashley. SparkMetals.”

The admin of MidasGoldFund Warren (interviewed here) announced the addition of the highly anticipated phone support option. Not only can you speak to an operator directly, you can also send a short message if you prefer to communicate that way. I hope this new feature will be another popular move and will connect the admin with his members help to establish a stronger working relationship between all parties. Warren’s willingness to be as open as possible was already shown in the Live chat on MNO the full transcript of which can be read here. So far the performance of MidasGoldFund over the last 54 days listed on MNO was flawless and the payouts from 1.7%-2.7% for 30 days plan are processed in a timely fashion. MidasGoldFund is just a few days away from completing their second cycle online. In times of fast scams where most admins are here for a fast buck only and don’t allow members to earn properly MidasGoldFund is here to deliver profits and I hope that we will see the program as an established online venture for a long time ahead. Here is the last short newsletter from MidasGoldFund (reviewed here) announcing phone support:
“We would like to announce the introduction of our phone and sms support. You may call MidasGoldFund at: +1 (773) – 819 – 5186 or SMS the same number. This is another additional means of reaching us apart from our website. We are extremely excited to offer voice and sms support.
Thank You, MidasGoldFund”.

Another good program from which I received my principal back today successfully and with no fuss is ImperialFund (reviewed here). Although the program might not be widely known by the general HYIP audience its performance was great during its first weeks on MNO. I remind you that ImperialFund offers several investment plans where you can invest with LibertyReserve and PerfectMoney starting with only $1 minimum – 6% for 20 days (principal included in the daily payouts), 1.75% for 25 days (principal back on expiry), 1.95% for 45 days (principal back on expiry), and 2.4% daily forever (principal back anytime).

I would like to address some confusion regular readers might have after the introduction of a newly launched program called OrientProfit on my blog a couple of days ago. The thing is I have invested in their 10% daily for 12 days plan and started waiting for my first profit to be credited to the account. Strangely the profit did not appear after almost 36 hours which prompted me to contact the admin and ask him what the problem was. To my huge surprise I was told that since I invested into 10% for 12 days plan I have to wait for the expiry of my deposit in order to be able to withdraw my profits. Nowhere on the site of OrientProfit is that mentioned, so I assumed that for the first plan paying 2.5% for 120 days with principal return on expiry had the same rules as the second plan and they both make daily payouts. It looks like I was wrong but the admin was reasonable and thanked me for pointing that out. The website has now been changed and I would like to inform you of that even before the full review is published on MNO:
“Hello Paul,
OrientProfit board of trustees want to say a big thank you for drawing our attention to this very important aspect of our plan, which was developed as a result of our designer’s oversight. We are sorry for any inconveniences this must have cause you, this was as a result of the misinterpretation in the original plan which has been duly corrected.
Thank you for your understanding.
Regards, Barnett”.

I also received a clarification today from the admin of another program which is yet to be reviewed on MNO – EarnoSphere. The program has been paying on 115% after 5 days, 135% after 10 days, 180% after 20 days, and 280% after 40 days plans for over two months already and accepts LibertyReserve and PerfectMoney. However, in your members’ area many investors noticed that AlertPay is still listed as an option and that you could actually made a deposit via them. That caused a lot of confusion but I can say that the admin of EarnoSphere George has confirmed that AlertPay is not an option for investors anymore and that they used to accept AlertPay until the problem described below arose and their business verified account with AP was put on hold for no apparent reason. So AlertPay is only available in your members area until the last investor who used them gets paid, but officially EarnoSphere only accepts LibertyReserve and PerfectMoney. I think it all makes sense now for those of you who asked me about this and the information provided by George will certainly help me to deliver a more useful review of EarnoSphere which I’m planning to post on MNO tomorrow, after the first payout on expiry is received:
“Hi Paul. Let me explain situation to you.
We accepted AP last month.
The business verified AlertPay account we have been using for the deposit and withdrawal transactions, has been put on hold due to unknown reasons. I haven’t missed or delayed a single payout so far, and all payout were made within a maximum of 12 hours till now, even though in the FAQs, I have stated that all payments will be processed within 24 hours. It is most likely that the AlertPay authorities did it so, due to the complaints sent in by the bad poster/voter who has been trying to spoil the reputation of EarnoSphere last month.
I have sent in a support ticket to AlertPay regarding the matter, but I haven’t heard from them so far. So for the time being, I’ve decided to stop accept AlertPay.
We accept LR and PM now only.
The option to invest via AlertPay is not well. It works only for paying percents to previous AP depositors. (February deposits) When the last depositor be paid, we will delete this function.”

One more brand-new program that is scheduled to be reviewed on MNO next Monday but has already been moved to paying status is BusinessVentureFunds. Today I have received the first official email newsletter from its admin Jonathan who informed existing that the review on MNO was coming and stated that payouts from their 2.15%-2.85% for 120 business days plan are not sent to your LibertyReserve and PerfectMoney accounts on Saturdays and Sundays, so whoever joined BusinessVentureFunds after its announcement on MNO should expect their next payout on Monday. An interesting point made by Jonathan is his eagerness to add AlertPay as soon as possible. So keep a close eye on MNO for updates on that. Here is the first newsletter from Jonathan for your attention:
“Hello all,
My Name is Jonathan and I’m the administrator of BusinessVentureFunds. I am very glad to inform you that we have had a very good start to our program and we have been getting good reviews from most investors. First of all, a special thank you to all members who wrote to us with their enquiries and suggestions. The most frequently asked question was whether we would be adding Alertpay. So, we have decided that we will go ahead and add Alertpay as soon as possible. If you have any more suggestions or questions, please do feel free to write to us or contact our support team through live chat.
Also, I just want to remind everyone that today (Saturday) is a non payment day. The next interest payment will be on Monday. We have gone ahead and added quite a lot of monitors as part of our promotional campaign. We would like to encourage all members to vote for us on your favourite monitors and post on our forums when you get paid. In the coming week, a review of our program will also be published on Money-News-Online blog – one of the leading information sources in the industry.
Also, we want to encourage everyone to take advantage of our referral program. Remember that anyone can participate in our referral program even if they haven’t made a deposit with us. All you need to have is a Liberty Reserve account on which to receive your commissions. Our referral program pays you 5% commission on all the deposits made by people you refer. You can find your referral link and banners on our Referral Section page – http://www.bvfunds.com/referral.php
Regards. Jonathan”.

The team of ExoticFX (reviewed here) continues to work tirelessly to get the site noticed by investors. And what better way to do so than to make it utterly different from anything else on the net today? Apart from the exciting features properly discussed in my interview with the admin of ExoticFX Charles (click here to read it) the program constantly evolves new exciting features and great ideas. I can guarantee you that if this continues for a couple more months ExoticFX will become the most popular HYIP online. They are currently accepting AlertPay, HD-Money, GlobalDigitalPay and LibertyReserve to a variety of plans with daily payouts and principal returned on expiry (1% for 120 business days, 1.2% for 140 business days, 1.45% for 160 business days, 2% for 180 business days) or just one single payout on expiry (110% after 2 weeks, 125.6% after 4 weeks, 146.5% after 6 weeks, 192% after 8 weeks) ExoticFX has already attracted a lot of attention from the savvy investors who saw the enormous earning potential of this one. The main point that ExoticFX is proud of is the daily trading on ForEx with charts available for its members. As you know in ForEx market like any other you cannot be in profit all the time and this week the program reported losses which although will not affect the general more positive trend or have a negative impact on the interest returns. In the future it was announced they plan to select some dedicated members to teach them how to trade and make money by themselves. You might notice that I was quite skeptical about that feature recently however in today’s update my questions were answered and Charles made the process more clear as well as putting a list of requirements to all prospective students. If you are still in doubt and want to receive a second opinion on ExoticFX you can read another review which was published on e-CommerceJournal recently. The writers of that news source are always utmost professionals in reviewing programs and the fact that they highly appreciated ExoticFX lent it even more credibility. ExoticFX also announced another interesting contest that is going to start in a couple of days and the winners of which will be announced on April 6. A $200 total prize fund is up for grabs. For that you simply need to read the official blog of ExoticFX daily and register on their private forum and submit the answers followed by your account number. I remind you also that the MNO cash contest sponsored by ExoticFX is still running on the MNO Forum as well and all the members of MNO Forum have an opportunity to get a $5 cash prize. But perhaps the best option to explore the program would be to join ExoticFX by yourself and at least have a look from the inside to see how they differ from others. This is the full update received from ExoticFX today:
“ExoticFX – A Disastrous Week!
Weekly Performance
Our Fund performance this week was a total disaster. At least it was disastrous by our traditional averages. This week’s performance left us with a <-34%> return overall. Most programs would have been totally devastated (provided they actually invested anything anywhere), but not ExoticFX!
Even with disastrous losses this week, our fund performance since launch is UP 243%! (Note: our Performance Chart reflects CLOSED trades only.) Since we participate in Day trades, Swing Trades and Carry Trades along with ETF’s and Metals speculation, one week of downtrend or even one month is of no real concern. Several strategies are going to be matured and closed next week which will place us in a much better position than even a 243% profit level.
In the world of Forex, you have to be able to take the losses with the wins. They are inevitable.
With our trading strategies and the Secret Timing Indicator, we are maintaining a better than 88% winning streak.
Trading Forex can be financially devastating. ExoticFX has taken the Learning Curve out of the equation by providing you with the opportunity to participate in via a Fully Managed Fund. If you are a beginner trader or just want to diversify your portfolio and receive a Guaranteed Return, you need to take a serious look at our online portal, ExoticFX.
New Review by Ecommerce Journal
Ecommerce Journal has released a Review of our program. With quotes like: “… impressive presentation is a good sign which earns a good mark.”
“… the site is built on an original script, not standard scripts offered for investment projects. It means that the company has spent extra cash in a move to stay for a long time in the market.” And
“Good introduction, reasonable interest rates, original and unique website as well as high security of personal information and additional security measures like the key code make ExoticFX a competitive option for your investment business portfolio”
… we are pleased with the results.
You can read the entire review by clicking here.
Questions Concerning ‘Invitational Trading Account’
We have had a pretty fair amount of interest regarding the future release of an Invitational Trading Account. I wanted to post some of the Questions and corresponding answers for those that were interested.
1) Why should I be interested in a personal trading account when I can earn a Guaranteed Return as things are now?
I realize we have not fully explained the entire process, but perhaps the part that was explained that you failed to recognize was where we stated, “On our dime”.
When we have fully developed the Invitational Trading Account, selected members will be able to personally trade for a living using our money! This means if you are selected, you will share in the trading profits (you keep 90%) while ExoticFX absorbs the trading losses.
This apprenticeship educational program will teach you how to become a professional trader. You will be educated via a structured step-by-step training course combined with specialized small group training sessions conducted with our expert traders. The apprenticeship training will reinforce and reward consistent, professional trading behavior.
We will make money when you make money, so suitable candidates must be prepared to undertake the training, follow the exact strategies we teach, and be prepared to dedicate sufficient time to trading.
2) What will be required to become “Invited?”
There will be several considerations made when selecting invitees. Obviously, since we will be fully funding the account, we are looking for the crème de la crème. Some of the considerations will be…
Members that are disciplined in their preparation
Members that are good at following trading rules
Members that display logical decision making
Members that do not take losses personally
If the program sounds like something you would like to be considered for, you should start by researching the information we are providing at this time through our Newsletters and in particularly the Blog and Facebook. Our first choice selections will be those members who have subscribed to these features of our program and are our most active followers.
We look forward to adding additional training programs in preparation for the release of the Invitational Trading Accounts. Those that are interested in becoming professional traders, being taken under the wing of highly successful brokers and personally mentored, should begin preparation at their earliest possible convenience by absorbing the information as it is released.
Contest for Members and Soon-To-Be Members
ExoticFX presents – The EFX Answer Hunt Contest
Starts 00:01 GMT Monday 28th March – Ends 24:00 GMT 4th April 2011.
Test your EFX IQ!
All you need to do is find the questions that need to be answered on the EFX Blog.
Here is how it works:
Gather the answers to the questions asked on the EFX Blog.
Join our Private Forum. Post your answers in the Contest thread.
Note: Include your EFX account number in the post.
Report to the Live Support room that you have made your entry.
That’s it!
Also Note: One entry per member, ExoticFX staff cannot enter.
Charles will select the most correct 7 from the entries in order of posting. If you need any help, go to the Live Support chat room http://host71620.123flashchat.com/ExoticFX/
CASH PRIZES!
First Prize is a $100 ExoticFX account (withdrawable funds).
Second prize is a $50 ExoticFX account (withdrawable funds).
There are 5 Third prizes of $10 ExoticFX accounts (withdrawable funds).
You have from the 28th March until 4th April 2011 to post an entry.
Selection of winners!
Charles will choose the first 7 correct entries.
The winners will be announced 6th April 2011 GMT on the blog!”

Unfortunately the admin of FirstMonetaryFund had disastrous news for members today. Apparently a lot of funds have been stolen from their LibertyReserve account a couple of days ago but they continued to work in hope that it would be resolved. This didn’t happen of course and the members of the program didn’t support it with reinvestments and the cashflow became negative. As usually happens with such HYIPs that are affected with cashflow issues they simply stop paying and FirstMonetaryFund was no exception. It was announced that the program is stopping temporarily, however I don’t think there is any way that it’s coming back at some point. FirstMonetaryFund only accepted LibertyReserve and PerfectMoney and they only make irreversible payments. The program has been monitored on MNO for 45 days and those who invested in short-term plans should be in profit by now. The contradiction between the negative cashflow and the allegedly stolen LR funds is striking as it was announced that they couldn’t exchange huge amounts from their PerfectMoney to LibertyReserve account in order to pay to LR members because no exchanging service could accommodate such a huge amount. I think it’s a total lie because I myself can see that the exchangers have now huge reserves of LR up to $100K and I don’t think that was the amount FirstMonetaryFund was looking to exchange. In any case, I guess nobody would refuse to be paid to PerfectMoney accounts instead of LibertyReserve. That is why I found this update very weird and it’s even stranger that the administration of the program asks from its members not to invest via LR. I guess we will never know the real facts here. The only thing I can be sure of – FirstMonetaryFund is on Problem status on MNO and I would not recommend to make any further investments in it until further notice. If the payouts don’t resume within the next couple of days they will be moved to the Scam folder. Here is the latest from FirstMonetaryFund if you’re curious to know the admin’s version of what happened:
“Hello dear investors of FirstMonetaryFund. The main goal of our work is providing the best service for our clients. On 23rd of March our company faced with the catastrophic that resulted in serious losses of money. It was recorded the theft of funds from the main Liberty Reserve account. No one felt that. We were continuing working in usual way for three days. All payments were paid from the Reserve Funds which had been made for such cases. Last night at the emergency meeting the administration of our fund made the audit of the situation and decided to stop temporarily the work of our Fund. The market is not in our favor. The daily payments exceed the amount of invested funds in a few times. In emergency mode, we have decided to withdraw most of the working capital to offset losses. Much to our regret, we failed to promptly perform money conversion of Perfect Money in Liberty Reserve. Right at this moment our experts are actively searching for specialized exchange organizations, which could take a substantial amount of exchange Perfect Money to Liberty Reserve. Administration of FirstMonetaryFund requests you not to do panic and also NOT INVEST more money to our Liberty account till the time we will set all things properly. Thank you for your understanding and patience!”

One of the programs from MNO Basic list which I don’t want to mention so as not to give them the attention which the admin obviously craves started sending spoof emails today asking the members to invest using an alleged MNO link. Please note that those emails do not originate from me and that’s easy to prove if you have a Gmail account. Just check the return path by clicking on the Show original option. I apologize for that spam though it did not originate from me. Having no other choice I had to move that program to Problem status on MNO. Please note that MNO never sends any spam emails and I have a very low regard for those who use it. In this particular case my name was used obviously to damage my reputation. The admin of that program also launched a DDoS attack on my site which was mitigated successfully by the best provider in HYIP industry – BlockDos. You know if you read MNO regularly that the least thing I would compromise is my honesty and no programs from my listing receive any special treatment from me and are treated equally. And if I’m asked for some favor and do not do what I was asked for and as a result of that get threatened I do not care. I will simply keep doing my job as always and will not pay attention to threats, especially considering I receive threats on a regular basis. Well, if you don’t like my blog you’re free to look for information elsewhere, however, I can promise you that I will never stop telling the truth on my blog, even if for somebody it could seem inconvenient.

The following programs have paid me today and maintained their Paying status on my monitoring page:
FixedMonthlyIncome (the first payment received), SparkMetals, Roserlink, ExoticFX, EliteAlliance, EurexTrade, FundOfProfit, Profitorium, ReProFinance, SiliconValleyGroup, Agromatica, GainBucks, ViscoCorp, BestProfitInv, PermanentProfit, ExtraIncome, ImperialFund, FondosMayores, OilCapital, DenXon, GorgonProjectInvest and MidasGoldFund.

That’s about it for tonight, guys. See you guys tomorrow! Remember that only MNO provides you with daily updates from the most successful programs online so keep reading if you like to stay properly informed about what is going on in the HYIP industry today.