Hi guys! Well, today was another quiet day but I don’t really mind as the most important thing is we didn’t see any problems from programs listed in Premium or Standard sections on my monitor. Some issues were reported about payment processors though as LibertyReserve was up and down today and AlertPay apparently had a problem with their API, preventing many programs from paying instantly. And of course this immediately made some impatient members scream “scam”. I wonder if they realize that such behavior is absolutely counter productive for any HYIP, especially those actually trying their best to pay to everybody in time. Spreading panic doesn’t help and can only lead to a premature collapse. I hope that MNO readers are smart enough to check out first if the payment processors (like LibertyReserve or AlertPay) themselves aren’t the cause of the problem of you not receiving your payouts before jumping to conclusions. In the long term panic and rumors can be damaging for your own deposits in the programs in question, so try to do a little research first.

I’ll get back to payment processors in a moment after the main program related stories. I would like to start with the post by the admin of GulfReserve about yesterday’s Live chat session on MNO. I believe most readers already know by now that we had a Live chat (first one for many weeks) with the admin of GulfReserve Alina (also interviewed on MNO here). The chat was a success and a couple of lucky members were even rewarded with a cash bonus both in MNO Chat (you can read the full transcript of it here) and in the program’s Facebook contest. In the latest email Alina also reminds us that she would not be fulfilling those requests of changing e-currency accounts of the members due to security reasons until she feels it is necessary and I fully support her in that decision. Here is the latest news from GulfReserve (reviewed here):
“Official Newsletter
I hope all of you are having good times with GulfReserve, and I have a couple things to talk about in this newsletter. Lets start with the MNO chatting session, and it did happen as scheduled although as expected there was a slight of confusion with timings due to DST but still meeting was nothing less then successful. Paul was kind enough to secure the chat logs for everyone else (especially for those who might have missed this meeting), so here is the link to chat logs:
http://money-news-online.com/forum/viewtopic.php?f=44&t=2141&start=0
Secondly, There is another blog which reviewed us and I really appreciate their efforts to review and explain GulfReserve in brilliant manners, and this one is really worth ready… You might also want to take a look from here.
Now, here is a important issue that I would like to make clear to everyone, Please note that we are receiving too much of e-currency account editing requests but our policy is clear: We only prefer to pay to same e-currency account, from where we received the investment payment, that is due to security related threats. So please don’t bother requesting for these kind of changes as I cannot fulfill these requests unless I feel it really necessary or in other special circumstances.
Meanwhile our facebook frenzy is smoking hot and I do have a lengthy list of our latest winners of $10 to $20 USD worth bonus investments, and even lots of cash rewards paid to these active supporters of GulfReserve. Here is the latest winners:
Jarkko Korpi, Joao Mouta, David Lie, Darklumina, Amr Karim, Aris Reguyal, Mohammed Hassan, Naenaa, Dario Sammaritani, Stac Stecatto, Aldo Manduca, Encik Leepan, Madhavi Sukumar, Mary Jade Damondamon, Amirrul Aizad Johari, Syed Ahsan Kazmi.
This is still not too late if you want to participate in these social contests, as these bonuses will continue as usual until our survey program has been announced. Here is the direct link to facebook page:
http://www.facebook.com/pages/Gulf-Reserve/209901512378189
Regards, Alina.”

I remind you that GulfReserve recently celebrated two months online and it’s currently ranked #6 on MNO monitoring. This rank is quite high for a program that pays 4%-5.5% for 30 business days, 1.2% for 150 calendar days and 105% after 5 calendar days and indicates the high level of popularity and trust the investors put into the program and its admin. GulfReserve accepts AlertPay, LibertyReserve and PerfectMoney and the payouts are processed instantly for all payment processors. I hope GulfReserve will stay with us for a long time and we will be able to have many more Live Chat sessions on MNO in the future.

The admin of UnicornInv Thomas (interviewed here) promptly notified me today that his program’s website was offline tonight for reasons unknown and is currently being investigated by its hosting provider BlockDos. Knowing the guys from BlockDos from my own experience (as MNO is also hosted with them and I must say their support is second to none) I believe that the problem would be solved in no time. Anyway, here is the latest news from UnicornInv (reviewed here) I received just a few hours ago (I will update you on the situation when I get more info):
“I just want to inform you that our site is currently not loading. We have informed BlockDos and they are currently checking the issue.
Please note that depending on when the site will be back online, payment might be delayed until tomorrow morning.
With best regards, Thomas”.

During today’s short downtime with LR the admin of Insectrio (reviewed here) Robert asked the members of his program to kindly cancel their withdrawal requests and re-request them after LibertyReserve was back online. This happened shortly afterwards, prompting him to email once again and thank his members for their cooperation. Here are those two emails every member of Insectrio got today:
“Dear members,
For an unknown reason, LibertyReserve website isn’t loading at the moment. Those who made a LR withdrawal request in this downtime, please cancel it and request it again when LibertyReserve website is back online so that it will be processed instantly as always.
Regards, Robert
Dear members,
LibertyReserve website is back online now. I’m glad this was a short downtime and that all the members that requested their LR withdrawals during that time, cancelled them, requested them again when LR website came back and received them instantly as usual.
Thank you all for your patience.
Regards, Robert”.

By the way, you should know that LibertyReserve is going to be offline again this Saturday between 7 am and 9 am GMT which was announced on the payment processor’s official blog. Well, I can calm down any hot heads straight away as this is perfectly normal and LR goes offline frequently for scheduled maintenance. This also became a major topic for another newsletter from Insectrio sent today. The admin of rushed to announce that in case of every downtime from the only two payment processors accepted by Insectrio – LibertyReserve or PerfectMoney – the withdrawal requests would go to pending status but would not be processed until the member cancels the request and withdraws again when LR or PM is back online. This is being done to avoid duplicating the payments from Insectrio which are usually processed instantly. I’m perfectly sure that many investors have already heard of this program which has been paying instantly for over 12 days already on four investment plans with a $10 minimum in each – 103% after 1 day, 120% after 5 days, 145% after 10 days and 170% after 15 days. In a couple of days the first 15-day cycle will be completed so I’ll let you know about that when it happens. Meanwhile, please read the regular email newsletter from Robert discussing the payout procedures during the payment processors downtimes:
“Dear members,
LibertyReserve website will be unavailable on June 4th between 07:00 AM to 09:00 AM (GMT). This information is taken from LibertyReserve blog: http://blog.libertyreserve.com.
In order to prevent duplicate payments, I ask every member who requested a LR withdrawal in these 2 hours, to cancel his withdrawal request (by going to “Withdrawals History” section in your member area and clicking on the “cancel” button near the withdrawal request) and request it again when LibertyReserve website is back, so that the withdrawal will be processed instantly as always.
And something I want you to always remember in the future: everytime LibertyReserve or PerfectMoney website is under maintenance and you request a withdrawal in that time, please cancel your withdrawal request and request it again when LibertyReserve/PerfectMoney website is back, so that your withdrawal will be processed instantly. Please be advised that I won’t process withdrawals manually because if at the same time a member cancels his withdrawal request and requests it again, a duplicate payment may occur and I don’t want such situation to happen.
Thank you very much for your understanding.
Regards, Robert”.

There was a complaint received from one impatient reader about the MAHIFund‘s instant payouts to AlertPay which was also affected by today’s issues with the API interface. As far as I know the issue has been fixed by now and AlertPay payouts from all the programs offering instant payouts like MAHIFund are processed instantly as usual. However, what is great about this story with MAHIFund is that the member who complained asked for a refund and received it immediately as per his request (this prevented him of course from profiting from the program but that’s a different story). The thing I like about that incident is that the admin of MAHIFund Anuschka (she was interviewed on MNO here) has completed what the member requested and fulfilled the promise to refund to him even though it was not her fault that AP had a problem. I think that alone speaks volumes about the program and its admin and I would like to congratulate her on perfectly handling the situation and providing fast support on my requests.

By the way, MAHIFund (reviewed here) announced another contest for its members which is aimed at encouraging the activity of the investors in participating in forum discussions and voting for the program on monitors. Three lucky winners will be announced at the end of the week with a bonus deposit of $50 credited to their account. More about the improvements that the members are going to enjoy soon will be published in the next newsletter planned for Monday. Here is the latest newsletter from MAHIFund which offers three investment plans with instant payouts via LibertyReserve, PerfectMoney and AlertPay – 1%-1.5% for 15 days (principal back), 2%-2.5% for 25 days (principal back) and 170%-180% after 30 days:
“Contest of the Week on MAHIFund!
Post your proof of payment or your vote in forums (Talkgold, MoneyMakergroup or Dreamteammoney) and monitors and send us a mail with the link and information associated, in order we can verify it. Please do send your report to contest@mahifund.com.
3 participants will be choosen in an aleatory way at the end of the week (Sunday night) and credited with 50$ deposit bonus.
More information about the future website multi-language and the next features will be announced in the next newsletter you should receive it next monday with names of contest winners.
Regards, Anushcka Cuperus
Ceo Of MAHIFund.
Malcom Arsley Holding Inc.”

As predicted two weeks ago and harshly denied by some frustrated members ExoticFX has collapsed today after a series of lies and misleading updates. As usual in this case the admin of the program Charles gave a poor excuse for why the program couldn’t continue properly and promised to refund small amounts to some members. Just like his other unfulfilled promises made during the last two weeks, this one should be taken with a grain of salt too. For me it was really obvious that ExoticFX was on the verge of collapse after it started delaying LibertyReserve payouts giving lame excuses why it was doing so and even deleted the accounts of some impatient members who otherwise threatened to make their story of unpaid withdrawal requests public. Unlike other less dependable sources of information, MNO was the first one who actually reported about the problem as soon as I became aware of it and didn’t receive any viable explanation from the admin. While some members still believed the lies spread by the admin for me it was a pretty sure thing that any program with over 50% of their funds frozen in a payment system simply can’t continue. Knowing for sure that despite the admin’s brainwashing ExoticFX was a ponzi I didn’t hesitate to report the issue therefore saving some readers from spending the money into this pending scam. Those who didn’t believe my prediction and still preferred to take advantage of too-good-to-be-true LR bonus offer are now in huge losses as certainly their funds will not be returned. Those who listened (and I believe the majority of you did) thanked me later for saving their money by moving the selectively paying scam where it belongs.
I would like to tell you that for me everything is clear in this industry. Any HYIP is good as it’s paying to every single investor and as soon as the problems arise and the complaints about the pending withdrawals are confirmed I can see no reason to keep a program on Paying status. Sorry, but I refuse to sacrifice my good name by supporting collapsing programs and you will not see me praising any program on MNO if I get any confirmed information about selective payouts from my downline. So please be aware that by being in my downline in any HYIP you are protected better than if you don’t have any upline because in most of the cases the admins are trying not to mess with me and pay my referrals, especially in the case of selected payouts. Obviously I cannot help you recover your money in most cases as all HYIPs are games and your invested money is lost in the event of a program’s collapse, but I will do my best to protect the newbies from investing in selectively paying programs. So please make sure that you check the status of the program which you would like to join on my monitoring page. You might be surprised if you see a different status, but do not worry as this can well save your money in the scam or soon-to-be-scam programs that are selectively paying and in the majority of cases are displayed on MNO as Problem Status much earlier than on other less reliable monitors.
By the way, here is the farewell newsletter from ExoticFX if you still care about the made-up reasons for their collapse:
“We Have Done All We Can Do
In our efforts to ensure all of you were taken care of, we have purchased large quantities of Liberty Reserve. However, as we reported last week, those funds have been delayed for reasons that were absurd. Yet another roadblock on our path to restructure. Since last Friday we have not been able to make contact with the provider. Discovery Attempts are unrewarded.
We have attempted to reverse the Bank Wire used to purchase the ecurrency but were unable to complete a reversal as their bank account is closed. No funds are recoverable.
In lieu of this additional disaster, we have no choice but to discontinue service completely. We cannot bear this additional loss.
We regret that this is our last day online.
We are returning what we can. But it will not be enough to cover your losses.
We sincerely apologize for the results of this program.
Charles Martinsen”.

Speaking of Problematic programs on MNO please be aware that MakeProfit2Day was marked as Problem after AlertPay froze their account and the subsequent hacking attempts that could not be handled properly by the admin and destroyed the program after only a few days online. SquareBoxTrends has been moved to Waiting status on MNO due to delayed payouts, but since that happened before and the admin paid eventually I will give him the benefit of the doubt and move the program to Problem status only if I don’t receive an explanation from him within the next 24 hours. Anyway, both mentioned programs – MakeProfit2Day and SquareBoxTrends – are not recommended for depositing at the moment as well as all the programs marked as Problem or Scam on my monitoring page.

By the way, if you wish to know which programs paid me promptly today just take a look at the list below:
EarnoSphere, GulfReserve, GorgonProjectInvest, OsWealth, PrimFix, LucrativaFund, Insectrio, ReProFinance, EliteAlliance, UmProfit, CyproRealty, Opulentia, PermanentProfit, InvestNetGroup, MAHIFund, EurexTrade, AdvanceFund, SafeDepositary, AlphaForex, EurosFund, ViscoCorp, StockBiz, BrantonsGroup and StraDox.

That’s about all for today I think. Hopefully you enjoyed the latest news from the most popular HYI programs. See you on MNO tomorrow with more news and views from the industry!