BEWARE! EarnGroups have stopped paying and have been moved to Scam status on MNO! Do not invest!

Hi everybody! I hope you’ve all been having a good couple of days off so far. No news yesterday as I suppose you noticed but it was pretty quiet all round so I made other plans for the day. I’ll make up for it today however by catching up a bit earlier than usual with all the weekend’s main talking points. The program I want to start with though is a “new” short term HYIP called EarnGroups and, well, it’s a kinda tricky one to describe. I mean as a HYIP related website there’s no way you could call EarnGroups “new”, in fact they’ve been around well over a year at this stage. But they are now in the process of restructuring the program completely from top to bottom and relaunching it as a more serious competitor to some of the big names in the industry. Previously they had been running as a low interest medium term investment website, but all that’s being scrapped now and they’re changing direction completely.

To start with I know a lot of industry players have been more than a little surprised by the longevity of EarnGroups. It’s not a secret that they’ve been running for over 400 days now. Not a secret, but not many people seem to know about it as the programs been flying well under the radar until now. You can check this out for yourself and confirm that EarnGroups have been listed on a couple of popular monitors for that time, as well as seeing that they were first mentioned on public discussion forums way back in April of last year. Back then as I already said they were a low interest medium term HYIP, something that has changed now.

It is worth noting though that this isn’t the first time this has happened in the industry, and this alone is something I find very encouraging about EarnGroups. Even as recently as this year we have seen a couple of examples of low interest long term HYIPs that for one reason or another managed to survive for marathon length terms until successfully re-branding themselves as high ROI shorter term sites. Some of the better ones did this to absolutely spectacular effect and quickly became some of the biggest names in the HYIP world. The reasons behind the change of course are wide open to speculation. One reason is maybe there was a change of ownership. A more likely possibility might perhaps be the timing behind EarnGroups initial launch. Remember that they first opened in April 2010, right on the eve of the entire industry plunging into easily its worst crisis in five years. As more and more investors left the industry it may have been that EarnGroups quickly made their way to the bottom of remaining investors “to do” lists, and never quite went back to the top. And after over a year of running what’s been a stable, but also let’s be honest a very pedestrian HYIP with barely enough investments to cover costs, the admin has come to understand that shorter term HYIPs are the current trend in the industry and that’s simply what a greater number of people are looking for at this particular point.

But enough about the past, because EarnGroups is barely recognizable as the same program that launched all those long months ago. Forget about the old plans, and if you didn’t know what they were, then don’t even ask. This is what they are giving you today – two highly profitable investment plans that pay you on expiry. But not too profitable that they can’t be maintained for for at least a good number of cycles, and definitely long enough for anyone reading this on the day of publication to get a very good run out of it. It’s been done before, and as long as the right admin is at the wheel then can be done with relative ease. And I suspect this admin knows exactly what he’s doing.

The first of the two plans runs for a term of 7 calendar days and is basically a model of simplicity. It’s called The Beginner Plan and it will cost you just $10 to join. In return for that EarnGroups offer a payment of 120% interest that will be paid to you on expiry. This payment includes your principal. So let’s say for a $100 deposit you should expect back a payment of $120 at the end of the term, or 20% net profit. There is no upper limit placed on what you can spend, though clearly that’s not to be taken as some kind of green light to start spending more than what you can afford either.

EarnGroups second option is called The Professional Plan and it runs for a longer term of 14 calendar days. But this time offers a more profitable return for the added risk of 145% interest on your deposit. The minimum deposit required to join remains a very affordable $10 so it’s good that the admin is keeping both plans available to as wide a range of investors as possible. Again the interest is paid on expiry and includes your principal as part of the payment. So in other words a $100 investment gets you back $145 at the end of the plan, or 45% net profit. There’s no upper limit to what you are allowed to invest in this plan either.

Payment options are OK and up to a fair enough industry standard. EarnGroups are accepting AlertPay, LibertyReserve, and PerfectMoney. Withdrawals, when you make them, are instant. You’ll still need to log in and request them, but once done the money should appear in your e-currency account in under a minute. Provided there’s no technical problems with the payment processor you’re using of course. If using AlertPay by the way, please note that the minimum withdrawal to them is one dollar ($1).

Something else that’s got bit of a shake up on EarnGroups in recent times is the security and design of the website. Some of you may have noticed that the site was offline for a good part of yesterday in order to accommodate these changes, but now that they’re back online we can see that it was clearly worth it. For one thing we can see that EarnGroups old hosting provider has been scrapped in favor of something much more suitable for a high traffic website in the HYIP industry. They are now hosted on a dedicated server with support and protection supplied by DdosWiz. The website is running off a script under license from GoldCoders, however SSL encryption does not currently feature. The admin has promised a complete redesign of the website which is planned in the very near future, possibly even as soon as the coming week, so we can at least expect some other major improvements on that side of things. If you need to contact the EarnGroups customer support team for any reason then you can either e-mail them directly at one of the addresses provided or else fill in your details on the online form provided on the contacts page and submit it.

Texts appear to be original but typically for an online HYIP are extremely vague and give next to no information on whatever business activities may (or may not) be behind EarnGroups. But there’s really little point in commenting on any of this at the moment because as I mentioned above the admin is planning a lot of changes for the EarnGroups website so we’ll see what happens there next. Hopefully it will be something that’s both memorable and distinctive but still being just as easy to use as the current version. As far as online HYIPs go however – which is clearly all EarnGroups is – I’d have a certain degree of cautious optimism that they could go far. Precedents have already been set and we have seen many examples already, plus the fact that these are the type of programs that a fairly large slice of the online investment community happen to be going for at the moment. Clearly the admin can see that and is bending EarnGroups to meet their needs. Just one word of caution though. While I do expect a good run from EarnGroups I don’t expect another 13 months from them. Not with the current plans anyway. So as ever make yourself aware of the risks before you join (not after!) and don’t look for guarantees in this industry. Stay within a strictly enforced spending limit that’s affordable to you and try to lower your dependence on any one HYIP by keeping several smaller deposits in a greater number of programs.

DAILY NEWS FROM THE INDUSTRY.

Let’s start with the updates from the “old-new” program that was reviewed above – EarnGroups. As I said in the review the admin is going to totally refurbish the program making it more appealing to all potential investors. So next week will see a design upgrade to make the site more professional. The most important part of the site’s upgrades would be the security of course. So the admin explained to me that he had moved the site to new dedicated servers protected by DdoSWiz. If you still can see the message “Dear visitors, we are moving our website to a dedicated server. It will take up to 24 hours, depending on your location. Please, visit us again” please wait for a while as for your IP-address the site of EarnGroups is probably not propagated yet properly. Anyway, you can still access the site via a proxy server or else just wait for a while – the choice is yours!

SafeDepositary (reviewed here) was also growing nicely as the program is progressing and paying 1.6%-2.3% for 150 business days with principal back on expiry for 10 months already. So the necessity to move the program to a higher capacity server was in the pipeline and recently the site was finally moved there with the following notification placed on the site:
“New server
Dear clients! Due to fast growth of activity and transaction volume SafeDepositary is moving to a new more powerful server today. The website may be unavailable for a few hours today.”
Now, I don’t know if there’s any connection between that and the fact that at the time of writing the website of SafeDepositary is currently not available. The downtime only started earlier today and as yet no further information is available, however keep an eye on MNO and as usual as soon as something happens I’ll make sure you’re the first to know.

MAHIFund (reviewed here) is offering special weekend bonuses which will be available only till tonight. The bonus will be credited automatically to any members investing $100 or more (5% bonus will be added) or $1,000 or more (in which case 8% will be added). I remind you that MAHIFund currently offers three main investment plans paying instantly to AlertPay, LibetryReserve and PerfectMoney accounts – 1%-1.5% for 15 days (principal back), 2%-2.5% for 25 days (principal back), 170%-180% after 30 days (principal included). More about the program can be found also in my interview with the admin of MAHIFund Anuschka posted here. And this is the short announcement regarding today’s bonus offers posted on the website:
“Special Week End Promotion!
5% bonus offers on deposit over $100 or 8% bonus for deposit over $1000, available until Sunday night. Bonus added automatically after your deposit.
Have a nice week end!”

The administration of ViscoCorp (reviewed here) came out with some news recently. First off, the plan paying 120%-150% after 15 days has closed:
“15 Days Plans closed as we reached the investment limit. Please do not invest or it will return back to your account balance without interest.”
And second thing, within the next few days withdrawals from the program can be delayed and may take up to 72 hours instead of the usual 24 hours. According to the most recent update from ViscoCorp this is only temporarily and the withdrawal requests will be back to normal soon after that:
“Withdrawal process will be delayed.
Due to our manager who handle withdrawal payments is going to business trip, withdrawal process will be longer than usual. Withdrawal payments will process within 72hrs from June 4th to 11th.
We are sorry for any inconvenience.”
ViscoCorp is only accepting LibertyReserve to the following plans – 1.5% for 100 days, 2% for 150 days, 2.5% for 200 days, 3% for 300 days, 1260% after 180 days, 960% after 120 days. They have been monitored on MNO for almost four months and recently entered the Top 10 most popular programs on my monitor.

The admin of Insectrio Robert seems to like keeping his members informed about how the program works. Today the major topic of discussion was the instant payments which according to Insectrio‘s rules are processed instantly in all cases. So after investing in one of four investment plans on offer – 103% after 1 day, 120% after 5 days, 145% after 10 days, 170% after 15 days – you can expect to be paid instantly to your LibertyReserve or PerfectMoney accounts. However, in some cases such withdrawals might not be reflected in your LR account instantly and it could take up to 20 minutes for them to show. It has nothing to do with the program itself but rather with LR’s interface which is delaying showing payment records sometimes. Anyway, after making a withdrawal request from Insectrio you’re usually given a batch number straight away, and since the withdrawals are processed automatically there’s nothing to worry about as eventually your withdrawal will show up in your LibertyReserve account. Sometimes though the payment processors accepted in Insectrio – both LibertyReserve and PerfectMoney – can be down for some technical reasons. In that case members are required to cancel their requests and ask for withdrawal once again after their chosen payment processor is back online. Here is the latest newsletter from Insectrio (reviewed here):
“Dear members,
There are two things I want every member of Insectrio to always remember in the future:
1) Sometimes I receive emails from members few seconds/minutes after they made their withdrawal request, claiming that the funds don’t appear in their LibertyReserve account. Please be advised that there is no need to panic at all, as sometimes there are delays in LibertyReserve system and it may take up to 20 minutes for your instant withdrawal request to appear in your LibertyReserve account.
2) In extremely rare cases, in the probability of one to thousands, a withdrawal request might not be processed instantly. If such thing happens to you, please don’t worry. You just need to cancel your withdrawal request (by going to “Withdrawals History” section in your member area and clicking on the “cancel” button) and request it again so it will be processed instantly as usual. If the withdrawal isn’t processed instantly in the second attempt, there is only one option: that LibertyReserve/PerfectMoney website is under maintenance. In this case, you have to wait until LibertyReserve/PerfectMoney website is back and then request it again.
Thank you very much for your understanding.
Regards, Robert”.

Please note that from today to eliminate spam messages and creating multiple accounts from the same IP-address in my ShoutBox I implemented a new feature that will allow only registered members to post. That will further protect it from spam and let me ban those who are there only with their own malicious purposes in mind more efficiently. In order to register you have to simply click on Register link in my ShoutBox and enter your desired username and password. That’s it and you can post now! Of course the ShoutBox will still be open for posting only when I’m online and can monitor it, so don’t even attempt to spam it but rather maintain a friendly discussion with me and other members. Remember that MNO Chat is open 24/7, so even if the ShoutBox is closed you can go there and post what you want and discuss any HYIPs you like. The ShoutBox will remain a place for discussing exclusively the programs that are featured on the MNO monitoring page.

By the way, here are the programs featured on my monitoring page that paid me for the last 36 hours:

GulfReserve, GorgonProjectInvest, EarnGroups, SafeDepositary, OsWealth, StockBiz, Insectrio, MAHIFund, LucrativaFund, AlphaForex, InvestNetGroup, ReProFinance, EurexTrade, ViscoCorp, AdvanceFund, Opulentia, EliteAlliance, BrantonsGroup, EarnoSphere, PermanentProfit and RichieFund (the first instant payment received).

As you can see, RichieFund is another short-term program added to MNO Premium listing last night. It’s based on a very unique script which I quite like and it differs completely from GoldCoders. The payouts to AlertPay, LibertyReserve and PerfectMoney are processed instantly which is also a definite advantage. The program also features cool graphics and is hosted on a dedicated server by Dragonara with SSL-security. In order to invest in RichieFund you have to invest at least a $5 minimum via LibertyReserve or PerfectMoney and at least $20 via AlertPay. The plans offered by RichieFund pay 27% daily for 4 days, 118% after 4 days, 140% after 8 days and 190% after 16 days. So both those who prefer daily payouts and payouts on expiry will find a suitable plan. I think RichieFund is quite an interesting program and I’m going to analyze all its features in more detail in the upcoming review which I’m planning to post on my blog tomorrow. Stay tuned for that, guys, and enjoy the rest of your Sunday. See you all then!