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

Hello all! Not a whole lot of news to report on yesterday due in part (well, due mostly in fact) to LibertyReserve’s continued absence from the game. Just as well for me anyway because I had a pretty good day’s fishing on one of the nice lakes, followed by a tougher day’s hiking on Torc Mountain, here in Killarney where I’m staying for my last couple of days here in Ireland before heading home. So I hope you guys all had a pretty good weekend too.

But with LR back online today it’s business as usual again in the HYIP industry and one of the latest investment programs to be added to the MNO monitoring list is one called RebelFunds. That’s a medium/long term HYIP with one fairly straight forward and uncomplicated plan that has three different payment rates depending on how much you want to go in with.

Which doesn’t have to be a whole lot of course because RebelFunds will start taking deposits from just a $5 minimum. For that you can join the investment plan that runs for 50 calendar days, and collect interest payments on a daily basis. For any deposit up to a $500 maximum RebelFunds are offering 2.1% interest paid every day, then return your initial principal on expiry. That would bring in 14.7% interest over the course of a week, allow you to break even after 48 days (which is practically so close to the end of the cycle anyway as makes no difference), and gives you a total profit of 105% on top of your original deposit which should now be returned.

If you’d care to make a bigger spend then RebelFunds are offering a 2.3% interest payment per day, again for 50 calendar days, with your principal returned on completion of the cycle. To avail of this offer however you will be required to make a deposit between a $500 minimum and a $5,000 maximum. If that’s affordable to you then you could earn 16.1% interest over a week, break even after 44 of the 50 days have elapsed, and finish up with a total profit of 115% which is in addition to your initial principal which should now be returned.

For the really big spenders RebelFunds haven’t forgotten about you. There is however a massive inconsistency in this plan that really reflects kinda badly on the program in general in my opinion. If you are prepared to invest something between a $2,500 minimum and a $15,000 maximum for 50 calendar days then RebelFunds offer a daily interest payment of 2.7% per day with principal returned on expiry.

See the gap there? You can make a smaller or equal deposit in this plan yet earn a higher interest rate than in the previous one, thus making it pointless. I mean it’s unlikely that anyone will be spending that kind of money anyway but it does look more than a little amateurish. But for the record a deposit here should hopefully earn you an accumulative rate of 18.9% per week, allow you to break even after 38 days, and finish up with a total profit of 135% before your deposit gets returned.

Payment options are decent enough by industry standards, however there is another massive inconsistency between what the RebelFunds homepage says is available and what you will find actually is available to use after signing up. As it stands AlertPay, GlobalDigitalPay, LibertyReserve, and PerfectMoney are all accepted. And that’s a fair list for a program like this, but do ignore the other options you might see listed on the website’s public area. Payments are made manually by the admin so will need to be requested from within your members area. Once done you are asked to allow up to 24 hours for it to be processed. There is no option to withdraw your principal early, so be sure about what you’re doing before committing yourself to anything.

The RebelFunds website is running off an interesting script which looks original though I have seen it used a couple of times before, but not too often. They are hosted on a dedicated DDoS protected server supported by BlackLotus. RebelFunds also features SSL encryption for safer browsing and more secure transactions in your account. Should you have any questions or account related issues then you can get in contact with the admin by filling out the e-mail support ticketing form on the support page.

There isn’t really all that much of a business plan presented to you here regarding what if anything happens your money after you hand it over to RebelFunds. But I think we can safely assume that Hollywood blockbusters and HYIPs are about the only things that give these kind of profits this fast, and I think we all know which one this is. So as is always the case proceed with caution – if proceeding at all that is – and stay within a spending limit that’s affordable to you as part of a varied and diverse portfolio.

DAILY NEWS FROM THE INDUSTRY.

Probably the best news for the day which many people were eagerly anticipating for the last few days was the return of LibertyReserve. Well, we cannot say that their website is completely back to normal just yet as it’s loading very slowly due to increased traffic to the website but that should normalize within the next 24 hours. Of course now naysayers can’t say much about their conspiracy theories because LR is totally back to normal and everybody who managed to get into their account (including me) reported no issues or missing funds so far. Here is the latest update from the official blog of LibertyReserve which might help you in case you still have difficulties in accessing your account:
“Liberty Reserve is back up + solution for slow load.
Dear Clients, We are back!
In the first 5 minutes we saw a number of logins equal to three days of normal service! We ask you to wait a few hours until the load normalizes.
Also if you experience slow web loads you should clear your old cookies.
We are sorry for the outage. We will do our best to avoid such a situation in the future.
Thank you for your support.”

Now there are still a lot of unanswered questions remaining – what really happened with LibertyReserve that took them four days to get back online? This we can only ponder because the administration prefers to keep that particular secret well under wraps but it was obviously a very serious issue since it took them four full days to sort it out. Now we should expect that some of the members will try to move the money they had on LibertyReserve to safer havens which can only be your own bank account in a proper offline financial institution. Many clients of LR after having some sleepless nights guessing what really happened with their funds will try to diversify their money between the main competitors among anonymous payment processors who don’t require verification – PerfectMoney and GlobalDigitalPay. However, I don’t expect that this current will be huge and since everything was ok inside the accounts and the administration promised it wouldn’t happen in the future so everybody will remain calm and keep the main funds they use to play in HYIPs in LR. Probably it was even better for LR members not to know what really happened after all!

However we can’t say the same about the HYIP industry because many of the admins didn’t expect such a long four day layoff and the cashflow will be definitely affected even though they almost never admit it. Mostly it concerns shorter-term programs that already accepted LR while the crisis struck and didn’t manage to cope with the loss of new money and closed. This was the fate shared by such popular short-term programs as BankOfPanama, FundOfProfit and BestProfitInv all of which collapsed during the day of LR downtime and of which I have already reported on my blog.

So what will happen with other HYIPs listed on MNO and how will they be affected? Well, I cannot tell you this now because LibertyReserve is not completely back to normal yet as the site is slow and very intermittent at times caused by enormous level of traffic their servers are handling now. However, in a few hours everything is expected to be back to normal and then we will see who was really affected and had to close and who will survive and continue paying. I would suggest therefore to watch MNO closely over the next 24 hours and read my update tomorrow where I will announce what programs will be sent to scam. There will be a few for sure but I just hope that there will be less of them than I expect. So stay tuned and keep checking my blog often for more information on that tomorrow!

Due to the LR downtime happening mostly over the weekend the programs like BusinessVentureFunds (reviewed here) which only pay on business days shouldn’t be affected too much by the downtime I hope. The admin of the program Jonathan sent an update regarding this just a few hours ago and promised that the pending LR withdrawals which are now due to be paid only for two days would be sent as soon as the website is back to normal. I remind you that BusinessVentureFunds was just added to MNO monitoring eleven days ago and offers direct payouts to your LR and PM accounts without the need to request them from a plan offering 2.15%-2.85% for 120 business days with principal returned on expiry. Here is the latest news from Jonathan at BusinessVentureFunds:
“Hello all, Liberty Reserve is still not back up, so we have been unable to make interest payments for today (04-April) as well. As of now interest payments of 01-April (Friday) and 04-April (Today) are pending. We will process these payments once LR is back up which should be quite soon based on the message in their home page. Please note that this situation is applicable only for Liberty Reserve investors. Perfect Money interest payments have already been processed as usual.
Regards. Jonathan”.

It looks like the admin of SafeDailyFund (reviewed here) already regrets encouraging members to exchange what they are owed in their balance in LR to PerfectMoney and AlertPay. It seems the requests to PerfectMoney exceeded their available balance since they didn’t expect such a demand for it compared to AlertPay and they had to replenish this via a Bank wire. So all the members of SafeDailyFund are asked by the admin to remain calm and wait till LibertyReserve is totally back to normal and they can enable instant payouts to LR again. I will give you more news on the pending cashouts from SafeDailyFund tomorrow, meanwhile read the latest update on that from the admin below:
“Due to the unexpected downtime with Liberty Reserve’s website, the increased exchanges from Liberty Reserve (LR) to Perfect Money (PM), and the lower popularity percentage of clients using Perfect Money; PM withdrawal requests can not continue until liberty reserve’s website returns online, or we provide bank wire to deposit company funds into perfect money account. When which ever of these occurs first, PM withdrawal requests will once again continue instantly. The process for depositing company funds into Perfect Money account is already started, however this is not instant and we must await transfer, or Liberty Reserve’s website to return online to process an instant exchange to PM from our LR account.
Alert Pay however, is working as usual and should continue doing so normally. As you may know, our system processes withdrawal requests instantly, so remember that you may still request an exchange of Liberty Reserve to Alert Pay for instant withdrawal. After Liberty Reserve’s website is available, LR and PM withdrawal requests will continue instantly.
Within Liberty Reserve’s latest update, they assured all clients that their prolonged technical issue is being resolved as fast as possible. They hope to have their issue with the downtime resolved before the end of the weekend is out. Please patient as Liberty Reserve will return online shortly as they always have.
We thank you for understanding, as well as your continued support of SafeDailyFund. Our company is works around the clock to bring you the most efficient investment solution as possible. We pride ourselves on dedication, and genuine customer support. Rest assure that all will return to normalcy in a short period of time.
In Best Regards, Al Potter – President of SafeDailyFund”.

The withdrawals to LR from GorgonProjectInvest (reviewed here) are not processed instantly yet either but it was announced on the site that they would resume after LR is fully back to normal. Another update from the admin of GorgonProjectInvest Paul (interviewed here) which I just discovered on the main page concerns a totally different topic though. This news is about the expansion of their investment opportunities in the Gorgon gas project in Australia. If you read the full transcripts of the MNO live chat sessions with Paul (click here and here to read them) you might realize that this is allegedly the project where GorgonProjectInvest earns the money to pay such high returns – 1.9% for 30 days, 2% for 90 days, and 2.2% for 180 days with principal return on expiry and all the payment processors accepted. I don’t know how this information will be relevant to online investors which are usually quite skeptical regarding these things anyway, but for me it sounds a bit encouraging. Here is the news taken from GorgonProjectInvest site regarding Chevron looking to expand its investment in the Gorgon project:
“Chevron looking to expand Gorgon Gas Project
Chevron is aiming to approve an expansion of the Gorgon gas project within 2 years. The news was released by Chevron’s vice president of technology and services, Jim Blackwell, at a briefing for analysts in New York. More that $US25 billion worth of contracts have been awarded so far at the Gorgon gas project.
This is great news for our investment strategy as Chevron are the main shareholders of the entire project and this will boost our investments with feeder companies as this means the project that was due to start production of LNG in 2014 will now expand and mean more construction, more property demand and more employment.
This is great news for the longevity of GorgonProjectInvest.
We would like to clarify that we are not partners or connected in anyway with Chevron.”

The admin of Roserlink (reviewed here) tried to persuade his investors that they had nothing to worry about regarding the downtime of LibertyReserve which according to him will not affect the program in the slightest. Brave words but I tend to agree with him on this one, but it’s simply because it offers relatively low returns compared to other HYIPs – 1.2%-1.5% for 100 business days (principal back) and 135% after 1 month (principal included) – and accepts apart from LR such payment processors as SolidTrustPay, GlobalDigitalPay and PerfectMoney the payments to which according to the admin were not affected by LR downtime and are being processed normally. Well, since I’m with Roserlink via LibertyReserve I can only confirm its paying status tomorrow when I fully expect all pending withdrawals to LR to be paid in full. Here is the latest newsletter from Roserlink also containing some mention of the plans for their loming three months anniversary online:
“Most of you already know that for the last 3 days Libertyreserve system has been down due to scheduled maintenance. We didn’t post any official information on that since we expected this wouldn’t have to take Libertyreserve crew that long to take care of the maintenance.
We are now officially informing you that all pending LR withdrawal requests will start being processed as soon as LR system gets back to normal operational mode. So far there is nothing we can do. However withdrawal requests in other payment processors are processed as usual according to the payment schedule.
During this time you might have seen many investment programs closing down due to LR downtime. Most of them are risky short term programs which will open up again as new programs once LR system is up. With only one exception for those who already lost or will lose their money in this type of hyips.
With all due responsibility we at Roserlink assure you that in no way our operations depend on new members and new deposits and we will successfully keep going and growing into the future. Right now we are getting things ready for our upcoming 3 months online anniversary. Besides we are planning some special limited offerings dedicated to 1 year anniversary since Roserlink was first founded as a project.
We are glad to have you on board as a Roserlink member, stay connected and stay in profit with us!
Sincere regards, Roserlink Team”.

I’m glad to report that I have moved SafeDepositary (reviewed here) back to Paying status on MNO. It happened yesterday when I was contacted by the admin who apologized for the delay with an STP payout and emphasized that they were currently very stretched with the ongoing LR issues and some members’ impatience who couldn’t understand why they weren’t able to get their withdrawals to LR. In my opinion this was obvious enough but it looks like it was not for everybody. Anyway, I am glad I was paid and that SafeDepositary is out of danger, at least for now. The program was added to MNO monitoring less than three weeks ago (though it’s online for eight months by now). SafeDepositary offers a single plan paying 1.6%-2.3% for 150 business days (depending on the deposited amount) with the principal return on expiry. Apart from dealing with LibertyReserve, SafeDepositary also accepts AlertPay, PerfectMoney, SolidTrustPay and even direct Bank wires from its members.
Today the admin shared some exciting news about moving to a larger office in Panama and even suggested that all the interested big investors with over $50K deposits can visit after making an appointment. There was also a photo published on the website of SafeDepositary which you can find in the news section containing this latest news and the update on the LibertyReserve situation:
“New office
Dear clients! SafeDepositary informs that the whole SafeDepositary team will be moved to a new office because of too many employees who don’t feel comfortable in the current office. The new office is larger and better. New office is located in Panama City as the current head office of SafeDepositary. Top-management of the company is already moved there. Please keep in mind that any SafeDepositary investor with a deposit exceeding $50,000 may schedule a meeting in this office. The worse news is that Liberty Reserve hasn’t come back online as it was promised by them so we are still unable to process any transactions from/to this payment processor. All other withdrawals and deposits are processed instantly as usual. As soon as Liberty Reserve is back online we will process all pending withdrawal requests collected for these 5 days. It’s a big luck that we withdrew a large part of our Liberty Reserve balance to forward these funds to Swiss Forex account at Dukascopy. The interest for Liberty Reserve deposits is credited in usual mode.”

Apparently the new short-term program DreamRoi which was reviewed on MNO only two days ago (read the full review here) was not affected by the recent LR issues only because the admin launched his program after LibertyReserve went offline. So only accepting PerfectMoney and AlertPay really saved DreamRoi from collapse because due to offering such high returns of 105%-129% after 1 day, 11%-174% after 2 days, 118%-199% after 3 days, 300%-1900% after 29 days to its investors with instant payouts it would be impossible for them to survive four days of LR downtime. Fortunately, DreamRoi was miraculously not affected by the situation and the payouts to both PerfectMoney and AlertPay are still being processed instantly. Here are the two latest updates from DreamRoi, first announcing the recent review on MNO blog and then announcing that LR is to be added to their list of payment processors:
“Hello. Our site is reviewed by Money-News-Online.com and you can read review here.
LibertyReserve is still experiencing downtime, all members who want to deposit via LR need to wait when they will be back online.
Vote for us. http://dreamroi.com/?a=cust&page=rateus
Best Regards, Matt.”
And this was followed by:
“We added LibertyReserve as payment processor. You can now make deposits via
LibertyReserve, Alertpay and Perfectmoney!
You can edit your account and add LR number. If you have any questions, feel free to contact me back.”

Although I can’t confirm it yet about the other programs OilCapital (reviewed here) has already paid me the pending payout to LibertyReserve. Actually, I had no doubt that OilCapital would survive. Otherwise how was it able to survive over a year online and stay on Paying status for over 80 days already on MNO? The admin of OilCapital Jack whom I interviewed on MNO blog recently for the second time (read the interview here) was so confident of his program’s performance that in the last newsletter even advised members to wait for a while until LR is completely back to normal before making another deposit to OilCapital which you can choose from the two currently available plans – 3%-4% for 50 days and 120% after 10 days. So the withdrawals to all the payment processors accepted by OilCapital (LibertyReserve, PerfectMoney and AlertPay) are processed instantly now as usual. In the latest newsletter Jack also thanked the members for their continued trust (not to mention huge deposits) and promised to name the winners of the recent referral contest held by the program tomorrow. Here is the full update from OilCapital:
“Dear Clients,
To begin with, the website of Liberty Reserve is back available now, and all clients who wish to make a withdrawal to Liberty Reserve payment processor, may do so from now on. However, since many people around the world are trying to access the website of Liberty Reserve at the same time, its website is very slow at the moment, and we advise those clients who would like to make deposits using Liberty Reserve to do so after the speed of the website of Liberty Reserve returns back to normal.
OilCapital is proud to be known as the most trusted and well-managed program of the industry. Many of our clients are sending us words of appreciation through e-mails, which make us feel very much happy and proud, as it makes us know that our clients are 100% satisfied with our professional service.
Our clients have gained so much trust in us such that, many of them have invested amounts of $10,000. We have received many investments in the range of $10,000 to $15,000 during the past few weeks from many of our clients, and today we received yet another huge investment of $48,000. OilCapital is proud to serve our clients with such a profitable and professional service, and we are glad to know that our clients are continuously supporting us.
We also had a second interview done with Paul, the owner of the famous blog, Money-News-Online.com, and it was published in his blog the last week. We urge our clients to read it, the link to which is http://money-news-online.com/blog/2011/03/30/30032011-second-interview-with-the-admin-of-oilcapital/
The referral contest we had launched last week was quite a successful one, and it came to an end today. Many of our clients put huge effort in bringing active referrals, and for grabbing the grand prize of $1000. We will be announcing the winners of the contest in another newsletter that will be sent out tomorrow. So stay tuned to know the winners of the contest.
Warmest Regards, OilCapital Administration. Jack”.

In the latest update from SparkMetals (reviewed here) the admin of the program who shares the name of the famous Hollywood actress Ashley Judd reported that LR payouts would be processed as soon as LR is back to its normal (so far there are still accessibility issues reported from different locations). SparkMetals has been paying for four weeks on two investment plans – 2.5% for 120 days with principal back on expiry and 140% after 14 days. Payments to AlertPay and PerfectMoney were processed fast as usual while LR pendings are hopefully to be paid tomorrow, of which I will of course update you on MNO. The admin of SparkMetals asked her members to support the program with votes after LR withdrawals are done. Here is the full update:
“Hello. Welcome to a brand new week. We wish to welcome all new members to SparkMetals and thank old members for their support.
All payment have been processed except for members using liberty reserve payment processor. All liberty reserve payment will be processed once they are back on operation.
Our trading this weekend as been very minimal, this is due to the downtime of liberty reserve payment processor because most of our trading are done via liberty reserve. We hope they come online soonest.
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”.

The admin of the above reviewed program RebelFunds also mentioned in the latest update just sent to the members that for him it was impossible to process pending withdrawal requests to LibertyReserve at the time due to very slow loading of the site and inability to access it. Let’s hope it will be solved by tomorrow when I hope to get the first payment from RebelFunds to my LibertyReserve account. Here is the latest from them:
“Subject: Liberty Reserve Is Back But …
First of all, we are happy to see Liberty Reserve services back. But the services are not fully back yet as we are still unable to access our accounts.
Liberty Reserve might be slow because too many people are visiting the site at the same time or it could be that there are still some technical issues still being taken care of.
In any case, please keep checking your Liberty Reserve account and if you made any withdrawal to Liberty Reserve, please have some patience.
Best Regards. Admin. RebelFunds.”

For the last 48 hours I was paid by the following programs:
DreamRoi, ExtraIncome, ReProFinance, SafeDailyFund, SafeDepositary, SiliconValleyGroup, ImperialFund, GorgonProjectInvest, DenXon, GulfReserve, MidasGoldFund, WallStreetCompany, SparkMetals, PermanentProfit, OilCapital and RebelFunds (the first payment received).

The newest addition to my Premium list today is a program called SquareBoxTrends. The program started just very recently and offers many low-ROI investment plans with principal returned on expiry including 1.1-1.6% for 60 business days, 1.3%-1.8% for 80 business days, 1.5%-1.95% for 100 business days, and 1.7%-2.2% for 120 business days. Please note that the interest which is credited to your account on every business day is not fixed and can be variable depending on the results of their ForEx trading sessions in which the administration of the program is allegedly involved. The minimum is $15 accepted via LibertyReserve, PerfectMoney and GlobalDigitalPay. The program utilizes a completely unique script with different features which will be further discussed in my upcoming review of SquareBoxTrends. It also features its own forum and phone support. What I don’t like about the program straight away is its hosting on a shared server without DDoS protection, however the admin says they will upgrade its server pretty soon and DDoS protection would also be added as the site grows. So far I can see that SquareBoxTrends is a pretty new program and I wish it the best of success in their endeavors.

That’s about all I have to report today I think. I hope you found something useful in there and I hope that you will check out MNO tomorrow, as hopefully almost all the programs will stay on Paying status. Let others know that MNO is always on the money, guys!