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

Hi guys! I hope you all had a good weekend and are looking forward to the week ahead. There was a couple of new additions to the MNO monitoring page that you might have noticed and I’ll be getting around to them soon enough. But before today’s news update the one I’m going to start on is a short-term HYIP called BankOfPanama. Needless to say I don’t think they’re an actual bank of course, but they are the latest online game to start offering a huge selection of plans that have become so popular recently.

Before we move on to the plans however there is one point that I need to make very clear to anybody joining BankOfPanama – there will be a 5% commission fee charged on all withdrawals. Initially this wasn’t highlighted on the FAQ page so some of the first investors may have been surprised when making their first withdrawal as I was. That information has since been updated and now makes the fee clear to everyone before joining. So whereas I will be describing the plans with the full rate being offered by BankOfPanama, remember to deduct 5% from everything to get a truer picture of what’s being offered.

That withdrawal fee may prove to have a very detrimental effect on what might have turned out to be BankOfPanama‘s most popular plan. It runs for just 1 single day and makes interest payments that include your principal on expiry. You can join for a $10 minimum and for anything up to $999 the return is 106%.

That sound great but now you see where the problem starts? From that 106% profit BankOfPanama will now deduct 5% as a withdrawal fee. Take into consideration the fact that LibertyReserve will always charge you another 1% handling fee on top of that. All of which means everybody seems to wet their beak in your profits, except you that is. You get back what you put it, making it a fairly pointless exercise.

However, there is one way of getting around it. You can withdraw your profit and redeposit your principal. Because you only pay the fee on the sum you are taking out. For example, let’s say you invested $100. The next day you have $106 in your account. What you can do is just withdraw the $6 profit, pay the 5% fee on that, and you original hundred remains in tact within your account ready for reinvestment. The following day you do the same, and continue doing so until such a time as you are ready to quit BankOfPanama completely. Of course you’ll have to pay the fee eventually, but until then it’s not a bad trick to discourage hit-and-runners.

But anyway, if you are prepared to spend a little extra for an increased rate, then BankOfPanama offer 107% back on deposits from $1,000 up to $1,999 and 108% back on deposits between $2000 and $2999. For information on larger deposits see your BankOfPanama members area. Maximum rate is 122% and the maximum spend is $50,000.

If you are on a restricted budget and don’t have a lot of money to throw around on HYIPs then maybe a better option for you would be BankOfPanama‘s second investment plan. The 5% fee still applies of course but overall the rates being paid out are a bit more generous and can absorb it a little better. You can join for a $10 minimum and for anything up to a $999 deposit you will be paid 120% on expiry of a 3 day term. That also includes your principal.
Alternatively you can invest from $1,000 to $1,999 and get paid 123% interest, or invest from $2,000 to $2,999 and earn 129% interest. See the members area for information on larger deposits. The maximum investment is $50,000 and the maximum rate payable is 177%.

BankOfPanama’s third plan runs for a term of 7 days, making one single payout on expiry that includes your principal. You can join for a $10 minimum with anything up to $999 getting paid a rate of 145% on expiry. That’s only marginally better than what you might expect from re-investing in the previous plan for 2 cycles, so think about it carefully before proceeding.
If you’re going to make a larger deposit then BankOfPanama‘s rates include 155% on expiry for deposits between $1,000 and $1,999, and 170% on deposits between $2,000 and $2,999. Higher rates are available up to a maximum of 255% and a maximum spend of $50,000.

You’ll see as we progress through the plans that they begin to get gradually more risky, though not more expensive to join. BankOfPanama‘s fourth plan for instance while only paying on expiry after a term of 10 days still only costs $10 to join. On successful completion of the cycle you are offered a single payment of 170% on any deposits up to a value of $999. You may avail of a rate of 180% for deposits between $1,000 and $2,999.
You can find information on the offers made to larger deposits within your BankOfPanama members area, where deposits up to a $50,000 maximum and a rate of 322% can be found.

After that it gets a little tricky to call. BankOfPanama‘s next plan runs for a term of 15 days making one single payout on expiry, principal included. For a deposit between a $10 minimum up to $999 you are offered 220% interest, something really only achievable if amounts are kept to a minimum. But for larger deposits between $1,000 and $1,999 you are offered 320%, and for deposits between $2,000 and $2,999 the rate is an even more unfeasible 420%. The maximum rate payable from this plan is 555% and BankOfPanama accepts a $50,000 maximum deposit.

The final plan, the one carrying the highest risk, and the one likely to attract the least attention, runs for a term of 30 days. BankOfPanama offer one single interest payment on expiry, however this is then in addition to your principal being returned. The rates being offered are unlikely to be sustained for any amount of time so the offer is probably a moot point anyway. But purely for your information You are offered a 700% payment plus your principal back for a deposit between a $50 minimum and $99. From $100 to $499 the offer goes to 900%, and for anything between $500 to $50,000 the rate is 1111% which I imagine every HYIP player knows to be unworkable.

Payment options are a fairly basic choice here. Only LibertyReserve and PerfectMoney are accepted, a situation I wouldn’t expect to change. So you all know the rules by now, no chargebacks and no questions, so make sure your spending money that you can easily so without in the case of emergency. But on the plus side all withdrawals are instant as I’ve checked this myself. You will still need to log into your BankOfPanama account area to request the payment, but once done you should see it completed in under a minute.

The program is hosted on a dedicated server with support and protection by AntiDdos, a new enough name in the industry and popular with some of the recent short-term HYIPs. I really don’t know how seriously they’ve been tested but so far I’ve become aware of any serious breaches on their servers, so I guess it’s a fair enough service. BankOfPanama are also running off a licensed GoldCoders script. Customer support if you need to get in contact with the admin with any further questions is available by filling in your details in the form on the contacts page and submitting it. You may also e-mail the admin directly if you prefer. The BankOfPanama website homepage also features a postal address and telephone number based in (where else?) Panama.

There’s not really much to say about the texts of the website. They don’t give much away about what (if any) business BankOfPanama are tied up in, rather just a brief overview of signing up and picking a plan. I’m not aware of any bank paying you anything faster than monthly by the way, and nothing even approaching these rates, so I guess it’s safe enough to dismiss the notion of them having anything to do with the banking sector. You’ll find a certificate of incorporation on the homepage as well which will of course only mean anything to the most naïve of industry newbies. I mean there’s no reason to think it’s not genuine for the simple reason that they’re ridiculously easy things to obtain, and prove nothing in any event.

So as always caution is to be used when dealing with any HYIP. Try to work it to your own benefit by sticking to the shorter term plans, never overstep your spending limits because there’s just no guarantee of what will happen next, and spread your investments out between a wide and diverse portfolio.

DAILY NEWS FROM THE INDUSTRY.

I want to start the news with the latest newsletter from the admin of ExoticFX Charles who sent his members a link to last night’s enormously comprehensive and detailed interview with him posted on MNO. From the feedbacks I received on it myself I realized that many investors who after getting acquainted with it became even more confident in their opinions that ExoticFX might be the next big thing in HYIP industry. Having been listed on MNO for only 23 days only ExoticFX is fast becoming one of the most popular choices offering deposits via AlertPay, LibertyReserve, HD-Money and GlobalDigitalPay on multiple daily and weekly plans with a very affordable $10 minimum. To read more about the investment plans you’d best refer to my review of the program published here. However, if you’re already a member of ExoticFX then reading the interview with Charles will be compulsory for you if you wish to take full advantage of all the features ExoticFX has to offer. Or indeed if you are for some reason just experience difficulties in understanding how this program works because it’s quite different from the usual HYIP crowd. So click here to read the lengthy but extremely interesting interview with Charles. And by the way, if you want to participate in the MNO Cash contest sponsored by ExoticFX and win $5 daily by answering the questions about the program you’re welcome to give it a try in this thread of MNO forum. Please note that only active members of MNO forum can participate so to sign-up please click here.

Everything mentioned above has been the major subject of the latest newsletter sent to ExoticFX members last night. Also contained was information on the new daily chart where you can chart the performance of the fund on a regular basis, as well as a reminder that you have a unique opportunity to enjoy socializing in the newly created text chat with their fellow members. More features will be added in ExoticFX including the introduction of direct Bank deposits and the pending addition of SolidTrustPay which will be reported on MNO blog in due course. Meanwhile, you can read the latest news from ExoticFX below:
“EFX Members News-Blast!
Our First Interview
The highly anticipated first interview has been posted at Money News Online (MNO).
The interview is a MUST read for those that want to better understand why ExoticFx is being hailed as the One-to-watch!
Here is some of what Paul had to say in his prelude to the Interview
“If you’re already one of those investors savvy enough to have realized the simply overwhelming potential of ExoticFX…
impressed so many industry observers, prompting them to label ExoticFX one of the finest programs to hit our screens in quite some time. I can only agree that they are one of the best researched, developed, organized, planned, and executed programs on the net today.
Thanks a lot to Charles then for taking the time and making such a superlative effort in completing my questions. I’m sure it will be a valuable reference point for many for a long time to come. The HYIP industry just got interesting again!”
You can read more of what Paul has to say and the entire interview by clicking here.
Cash Contest
We have also sponsored a Cash Contest at MNO. Simply by understanding a little bit more about our program you will be able to answer the questions posed by the contest and win $5 deposited to your ecurrency account. You can check out the Daily Contest by clicking here.
Don’t miss your opportunity to cash in on this contest and take advantage of the Top HYIP Monitoring Blog available, Money News Online.
NEW Chart Daily and Overall Fund Performance
We have added a New Chart to our website. Naturally it is on the Charts Page located in the scroller below the main webpage image (or beside it if you are logged into your account).
This Chart shows the Fund Performance in 20 Day sections. We have included sections dating back to September of 2010.
The chart shows the daily profits, or losses, of combined trades returned each day. In addition, you will notice that we have also provided the overall profits for the entirety of the 20 day term depicted.
Please familiarize yourselves with the chart. If you have any questions, feel free to stop by our Live Support room where we have Moderators available 24 hours per day, 7 days per week.
EFX Traders Society
Just a quick reminder that we have created a new Social Medium, the EFX Traders Society. This is a text chat environment designed for you, our members. We wanted to provide you a place to socialize with each other, discuss investment strategies or meet fellow members and new people.
If you are not yet a Member of ExoticFX, we would like to invite you to take this opportunity to research our offer.
EFX Hands Off Forex Approach
If you are like the 95% of the planet that simply doesn’t have the time to:
Dissect special reports or
Study the phonebook-size users manual or
Utilize all the coaching tools or
Study a training course full of cryptic instructions with promises to teach you to be a superstar independent investor
Then you should take a Hard Look at our newest Hands-Off Trading Platform ExoticFX.
ExoticFX is the easiest way to double or triple your money without breaking the bank.
YOU DONT NEED any previous trading experience. (In fact, the less you know, the less you’ll have to unlearn!)
YOU DONT NEED hours of free time.
YOU DONT NEED the bankroll of a hedge fund trader.
YOU DONT HAVE to read charts and analyze trades.
If you choose to use our service and allow us to do all the work for you, you can get started with as little as $10.00!
We provide you a no frill, easy to understand, simple to navigate portal that allows you to participate in million dollar trades alongside some of the top Forex Investors in the world and you dont have to do a thing!
With ExoticFX we have taken all the Fear out of Forex!
We will fully manage your fund and return you a Guaranteed Daily Interest rate of from 1% – 2.3%!
ExoticFX is a simple plug and play portal to the Multi-Billion dollar industry that is the
Exotic side of Forex.
Take a look at the hottest opportunity to hit the Forex market to date.
You’ll definitely be glad you did!
Best Regards, ExoticFX Trading Team”.

The admin of SparkMetals sent an update stating that the program had been doing well during its first days online and encouraging members to vote for them on major investment forums to let everybody know of its paying status. I remind you that SparkMetals offers 2.5% daily payouts for 120 days term with the principal returned on expiry. The program accepts deposits starting from $10 via AlertPay, LibertyReserve and PerfectMoney. More about SparkMetals whose latest newsletter can be seen below can be read in the review published here:
“Welcome to a brand new week. SparkMetals is now 6 days old today. So far, it has been very promising for us and we are proud to inform all our members of the increasing success we are experiencing at SparkMetals. All payouts have been processed and all support tickets answered in a timely manner.
Our trading for the past five days has been very encouraging as Gold has appreciated with silver and other metals we trade on, which have translated into a lot of profit for SparkMetals. We are expecting more of such weeks ahead.
As soon as you receive your payment from us, please ensure you vote for SparkMetals right on our monitor sites and paste your payment proofs in MMG, DTM and TG. Voting and Posting of payment proofs on forums is a way of letting everyone know that SparkMetals pays which is an integral part of the program’s success.
Once Again, THANK YOU all for being a member of SparkMetals and Have a very enjoyable week.
Best Regards. Ashley Judd. SparkMetals.”

Following the very successful MNO chat held last week (read the full chat transcript here) and the comprehensive interview given for MNO readers even long before that (click here to read the interview) the admin of MidasHoldFund Warren probably realized that his program having about 2,000 members from all over the world already is not getting the results it might have without some members knowing the basics about the e-currencies accepted by MidasGoldFund – AlertPay, LibertyReserve and PerfectMoney. So, to bridge this gap it was decided in the latest newsletter to tell the less experienced members some general information about e-currencies and the advantages they provide to online investors and programs such as MidasGoldFund. Such information will be useful only to HYIP industry newbies which apparently the program has among hundreds of its members. So, if you would like to invest in a 1.7%-2.7% daily for 30 days plan with the principal returned on expiry, you’re more than welcome to read the latest update from MidasGoldFund (reviewed here) which is dedicated today to the most popular e-currencies:
“As we approach 2000 active investors and a more active than ever support system, we have decided to talk a little about the basics of investing in MidasGoldFund. Due to part of our marketing division, we are receiving traffic from many who have little to no experience in international borderless e-currencies such as AlertPay, Liberty Reserve and Perfect Money.
Starting with the e-currencies themselves. AlertPay, Liberty Reserve and Perfect Money facilitate the transfer of funds across international borders with ease. The three companies allow an offshore investment company such as ours to accept investors from any country in the world from as little as $10 to investors who are of high net worth in the six figures.
The most popular and easiest form of investing is through Liberty Reserve. To start your investing you need to sign up for an account at www.libertyreserve.com
Your Liberty Reserve account will act as your digital banking service from where you can invest into our company and withdraw profits to.
Liberty Reserve allows funding and withdrawing quickly and with ease. It is the most used digital currency in the world. A Liberty Reserve account can be funded and withdrawn from within as little as 24 hours.
Digital currencies use exchange services who transfer your e-currency into your local currency anywhere in the world.
Funding and withdrawing with your Liberty Reserve account requires the use of an exchanger. The most used and quickest are www.ebuygold.com and www.goldexpay.com
Once you have funded your Liberty Reserve account you can use your MidasGoldFund account and deposit funds into MidasGoldFund using your account panel with us and begin earning interest daily. Whenever you wish to turn your Liberty Reserve funds into your local currency, you can exchange using an exchanger service. These exchangers can convert your Liberty Reserve funds immediately into your local currency via bank transfer or cash transfer services like Western Union.
Investors wishing to fund and withdraw profits immediately use Liberty Reserve as well as Perfect Money (www.perfectmoney.com). Perfect Money is very similar to Liberty Reserve and works in a similar fashion. AlertPay is quickly becoming a popular choice in global investing, but takes some time when using an AlertPay exchanger to convert into your local currency. To decide which e-currency is for you and suits your needs, read through their websites at the following links:
http://www.libertyreserve.com
http://www.perfectmoney.com
http://www.alertpay.com
Here at MidasGoldFund we can provide investment opportunity for any investor of any type in any country in the world instantly with the utilization of Liberty Reserve, Perfect Money and AlertPay as financial facilitators of your funds.
Sincerely, Warren Lincoln
President. MidasGoldFund”.

Please note that I had to move InvestPlatforms to problem status on MNO tonight because my withdrawal from the program has been pending for over 72 hours, something which is simply unacceptable. The admin of the program was notified about that and I’m waiting for an explanation from him. I don’t know if I’m the only one experiencing such issues with InvestPlatforms, so if you also have unpaid withdrawals please let me know at abramsonp@gmail.com Please note that any further investments in InvestPlatforms are not recommended until further notice.

Also please note that WallSteetCompany (reviewed here) is still having its AlertPay account blocked and therefore cannot pay the withdrawals to that payment processor yet. To the members who deposited via AlertPay who would like to get their funds back as soon as possible I would suggest you to file a dispute with AlertPay due to the high level of unpredictability surrounding that payment processor in general and the possible outcome for all the members that invested via AP in particular. It’s good to note that the withdrawals to LibertyReserve and PerfectMoney to all the investment plans offered by WallStreetCompany (0.8% for 3 business days, 1% for 7 business days, 1.2% for 21 business days, 1.4% for 40 business days, 1.7% for 60 business days with the principal return) are still being processed instantly. However, the current situation with AlertPay doesn’t make the program look attractive in the eyes of potential investors who are eagerly awaiting for the situation with AlertPay to get back to normal, which according to the latest email from the admin could take up to two weeks:
“Hello, I just wanted to address all Alert Pay users one more time. Our Alert Pay account has been blocked on Friday and we can not process Alert Pay withdrawals until Alert Pay authorities unblock our account. This can take from a few days to a week or two (we will try to make it as soon as possible). We kindly ask you to not request Alert Pay payouts till the problem is solved. We will send another newsletter then.
Thanks for your understanding and patience,
WallStreetCompany administration”.

A rather weird mass email was sent from the admin of the recently defunct program EuropeInv. I remind you that this was quite a successful short-term game running for over three weeks before collapsing. According to the admin refunds to members who lost money in the program are going to start soon and that it’s required from those who were at a loss to send him details of their deposit and or pending withdrawal. Here is the email in full:
“Hello, dear EuropeInv member. Our website is now offline, but the good news is that we started refunds. If you have active deposit or/and pending withdrawal send me your LR, PM or AP number and amount invested.
Regards”.
I would like to tell you that this is almost certainly a simple trick to steal sensitive and personal information, so don’t send to the admin of EuropeInv anything, except the details of your deposit. I would say that your chance for getting a refund would be 1% or even less. Most probably, you will be asked to change the API in your LibetyReserve account or send some passwords or private details which would compromise your security and/or privacy in the future. So please be reasonable and don’t expect too much from a website no longer online. And most importantly, don’t get yourself scammed once again!

The following programs paid me over the last 48 hours:
BestProfitInv, GorgonProjectInvest, FirstMonetaryFund, FundOfProfit, ExtraIncome, OilCapital, Agromatica, ImperialFund, GainBucks, SparkMetals, CorpBayGroup, MidasGoldFund, DenXon, ReProFinance, WallStreetCompany, ViscoCorp, UnicornInv, EliteAlliance and BankOfPanama (the first instant withdrawals received).

Straight after announcing the spring discounts on MNO today, which was a very fruitful one for new programs, the admins took the opportunity to get listed on MNO for more attractive prices.

The first program added to MNO monitoring was RockLandFunds. This is a brand-new HYIP offering short-term but very sustainable and “solid” (as was mentioned in the first newsletter) investment plans:
“Its here… We have finally launched our rocking program with rock solid investment plans and all kind of known security that exists with business verified AlertPay account and of course LibertyReserve and PerfectMoney.”
The investment plans used by RockLandFunds and where you can deposit starting from $1 only in LR, PM or AP really look interesting and the admin of the program Garrett assured me that he had worked on them and tweaked them constantly for days. So the final offers look like this: 105% after 7 days, 15% for 7 days, 1% for 5 days (+ principal back), 110% after 10 days, 11% for 10 days, 1.25% for 8 days (+ principal back), 126% after 7 days, 18% for 7 days. Of course, I will have a closer look at the plans and will explain them in detail in my upcoming review of which I plan to publish tomorrow. For now I would just like to add that the program is running on a very customized version of the MonetarySoft script which is not so common in the HYIP industry. RockLandFunds also provides instant payouts to its members, has SSL-encryption and is hosted on a dedicated and DDoS protected server by Staminus. So the security level necessary for the provision of instant withdrawals is quite high. The site of RockLandFunds looks pretty nice and I will be glad to deliver you the whole review of it on MNO soon.

The second program added to Premium listing on MNO today is called ThomsonAM. It has been running for over a month already and has gotten some well earned feedback from its investors. ThomsonAM is offering several investment plans with a $15 minimum and accepts LibertyReserve, PerfectMoney, GlobalDigitalPay processors along with direct Bank wires. All the investment plans return principal on expiry and include: 0.5%-1.5% for 12 business days, 1%-2% for 24 business days, 1.5%-2.5% for 48 business days, and 2%-3% for 96 business days. Compounding is available on each plan and the interest rate is fixed and credited to your account from Monday to Friday. ThomsonAM is running off a licensed GoldCoders script and is hosted and DDoS protected by the famous Dragonara who host it on a server shared with three other though inactive sites. The full name of ThomsonAM is Thomson Asset Management and the program boasts to be “a global leader in providing world-class investment and wealth management solutions”. I would suggest to treat ThomsonAM which I’m going to review on MNO blog soon as a regular HYIP to avoid disappointment.

Finally the third program that was added just a few hours ago is ArchitectonicInv. The program started a few days ago and offers four investment plans with principal returned on expiry – 2% for 50 business days, 2.3% for 65 business days, 2.7% for 80 business days, and 3% for 110 business days. The only payment processors accepted are LibertyReserve and PerfectMoney and the minimum to invest in ArchitectonicInv is $15. The program is hosted on a dedicated Staminus server with GeniusGuard DoS-protection and features SSL-encryption. The script ArchitectonicInv is running off is GoldCoders, however, not licensed but totally modified. In light of the recent hacking incidents occuring with the licensed GoldCoders scripts I don’t know myself if it’s wise to pay for the license anymore and my feelings are apparently shared by the admin of ArchitectonicInv which is going to be reviewed on MNO blog later this week. Stay tuned for that, guys!

That’s about all the news I had for today, guys. Tomorrow you will be able to read an interview received from the admin of DenXon (reviewed here) as the first post. Later in the evening will be all the latest news from the HYIP industry on the only blog that provides you with today’s news today – Money-News-Online! See you tomorrow, guys!