01/07/2011. LeLaissezFaire Review and Daily News from the Industry

Beware! LeLaissezFaire has stopped paying and has been moved to Problem status on MNO! Do not invest there!

Hi guys! Hope you’re all looking forward to the weekend like me. Before we get to another lengthy news section (like we’ve had most evenings this week) there were a good number of new programs added to the MNO monitoring page in the last few days that I want to talk about. There’s enough there to keep me going into early next week, but the one I’m going to start with is called LeLaissezFaire.

It’s a brand new short term program, and while I have to say contains nothing distinctly memorable by itself does share several features in common with some of the most successful short term HYIPs of the year. Most notably the investment plans. What LeLaissezFaire have to offer are highly profitable without ever crossing the line to being impossible to pay. Not in HYIP terms anyway so in the right hands could be good for a number of cycles as they have been with several online HYIPs that offered similar plans in the past.

LeLaissezFaire has four investment plans and can be joined for a minimum fee of just $1, so it’s open to just about everyone. The first one is called The Idea Plan and it runs for a term of 7 calendar days. As I said the minimum deposit is $1 and you can spend up to a maximum of $200 for this particular one. In return for joining LeLaissezFaire offer to make one single payment to you on expiry of 110% interest. That includes your principal of course leaving you with a net profit of 10%. Or in other words if you deposit $10 you can get $110 back.

The second option runs for a term of 14 calendar days and is called The Dream Plan. LeLaissezFaire require a minimum investment of $100 this time and carries a maximum of $1,000. Interest payments are again paid out just once on expiry and are made at a rate of 125%. Your principal is already counted as part of that so will not be returned, therefore leaving you with a 25% final profit.

LeLaissezFaire‘s third option is called The Goal Plan. It runs for 21 calendar days and makes a single interest payment on expiry. The rate is 145% and will include your principal as part of that. The minimum cost of joining is a bit steep at $200 with the maximum limit set to $2,000.

From this point on I have to say the remaining plan is less attractive. Not because of the profits that LeLaissezFaire are offering but rather because of the high cost involved and the relatively long wait required for on expiry payments. The longer the wait before investors see any return at all, then in my experience the less likely they are to buy it. Especially when the plan has a high minimum deposit requirement. Take their remaining Freedom Plan for example. It runs for a term of 28 calendar days and makes one single interest payment on expiry. The rate is 190%, principal included. Nothing unusual there you might think and it may even be worth a gamble if you got paid already from the shorter term plans. But then consider the minimum cost of joining. LeLaissezFaire require a $400 deposit to join this one, which in my opinion will scare off more investors than the few it will attract. I’m not saying you can’t make a serious profit from it, I’m just saying 28 days is a long time to wait before seeing any return on a $400 deposit. But if that’s affordable to you and you like the gamble then you should also be aware that there is no maximum spend for this plan. You’re free to invest as much as you please.

Payment options are a bit basic with only LibertyReserve and PerfectMoney being taken by LeLaissezFaire at the moment. Not great but at the same time I’d have mixed feelings about adding others right now, so in this case may prove beneficial to the program’s survival in the longer term. Well, at least an argument can be made in favor of this opinion anyway. Withdrawals are made manually so you will need to log in to your LeLaissezFaire account and request them. Once made the admin requires you to allow him up to 48 hours to complete the transaction. Also please be aware before you try to withdraw that the minimum payout is $2 so make sure you have at least that amount in your balance first.

LeLaissezFaire is hosted on a dedicated and DDoS protected server with support from Dragonara. The website is SSL encrypted and runs off a script under license from GoldCoders. You can get in contact with the program’s support team either by mailing them directly at the address provided, filling in the support form and submitting it, or else via the Live Chat feature. Incidentally unlike the majority of HYIP websites that have this feature, I’m pleased to say LeLaissezFaire‘s Live Chat actually works (though it’s not a 24 hour service).

It’s quite an original website overall with a lot less of the same old standard clichés that so many HYIP admins use time and time again. The very concept of “laissez faire” as many of you will already know is an economic term borrowed from the French language meaning that businessmen and merchants should more or less be allowed to do as they will without any government regulations stifling them. Nice if you owned a factory, not always so nice if you just worked in one (“laissez faire” once been used as an argument against giving free food to famine victims in the 1840’s). But if you haven’t already noticed that’s a philosophy widely in use already amongst HYIP admins, the LeLaissezFaire admin simply being the first one to put it into writing.

And if “laissez faire” is how the admins operate then let me remind you that “Caveat Emptor” (meaning let the buyer beware) should be the philosophy adopted by investors. Granted the admin does appear to have a fairly good grasp of the industry so I doubt it’s his first outing in the world of online investing, so he’ll know that fair is fair when I say from the investors point of view it’s best to keep your deposits in LeLaissezFaire to a sensible and affordable level. If you really feel the need to invest larger amounts of cash then at least consider spreading smaller investments out between more programs, though there’s certainly nothing wrong with including a few bucks in LeLaissezFaire as part of that portfolio.

DAILY NEWS FROM THE INDUSTRY.

EarnGroups is definitely becoming one of the major players in the short term market and due to its growing popularity the program manages to get ever higher in my rankings almost every day and now occupies the #6 spot. This was achieved after less than a month of monitoring which is an excellent result that was largely based on the site’s recent layout and security upgrade. The last update from EarnGroups containing detailed manuals on how to attract more investors has become a great tool to those novice promoters and according to the admin put the program on a new height. Actually one great indicator of the popularity of EarnGroups would be the rising activities of all sorts of scammers who are trying to take advantage of the program’s good reputation. They create other sites pretending to be somehow affiliated with the real EarnGroups, or else just plain old fake sites. So in the latest update the admin of EarnGroups Christian (he was interviewed on MNO here, by the way) warned members about these scams and mentioned that they are not responsible for your losses if you willingly hand money or account access over to criminals. According to Christian the site is doing really well with a lot of members and deposits flowing in and instant payouts still flowing out to AlertPay, PerfectMoney and LibertyReserve for both plans offered by them – 120% after 7 days and 145% after 14 days (read more about that in my detailed review posted here). Let’s hope that EarnGroups will last for a long time, however you should be aware it won’t be here forever either, so take your chance while you have it. Just read the latest update to see what they have already achieved and what it may yet achieve in the future:
“Spoof Website Warning!
Hi Members, Please read this email very carefully, as it contains something very serious we need to make you aware of.
As you all know, our program name is EarnGroups, and our website link is https://earngroups.com. Without us even mentioning, every online investor in this industry are aware of EarnGroups, and know that we have become the day to day talk of the industry. With our huge growth, and success, some other competing admins are trying to tarnish the big and good reputation of our website by putting spoof websites into operation, which have links and/or looks similar to that of ours, and use our monitoring links.
We would like to make ourselves clear that, we are in no way related or associated to any such spoof websites. We would also strictly advise you to refrain from investing in such websites, as there is a very high chance that you will not ever see your money again if you do so. Please be advised that we will not be responsible for any losses you may incur, by investing in such spoof websites.
So once again, we strictly discourage you from investing in any spoof websites. Please be advised that, we are in no way affiliated to any other website, and if you come across any spoof website that looks similar to the real EarnGroups, ignore them at once, and refrain from investing there. We remind you that, our program name is EarnGroups, and our ONLY website link is https://earngroups.com, and NOTHING ELSE.
As for the good news, we would like to let you know that, after we sent out the tutorial as to how to use your referral links and banners, we have had a lot of members using their promotional tools to get referrals. We noticed that our growth has become more than two times than it was earlier and it just keeps getting better day by day. We would like to congratulate each and everyone who are doing this amazing work, and encourage you to continue to do so, because it will be only you who will benefit from it in the due course.
Out of the two investment plans we are offering, we noticed that a vast majority of our members are opting for the Professional Plan which runs for 14 days, which gives the maximum profit. This is the biggest proof for us to know that, our members are gaining more and more trust in us day by day. We really appreciate the trust you have put in us, and thank you all for your huge support.
With the recent improvements for our program website, our members have gained enough confidence in us to invest huge amounts. We are glad to know that our members have realized the fact that EarnGroups is here to stay forever, and not to disappear like the others. Some of our members have already invested amounts exceeding $20,000, and we are really excited to see such a great amount of confidence you have put in EarnGroups.
It is you who makes EarnGroups a better place for us to work every single day, and serve you better. You are the reason why we are here, and we promise you, that you will reap the fruits (profits) for the seeds (money) you have sowed (invested). If there is one place you can earn money without be afraid or scared, it is EarnGroups, and will be EarnGroups forever.
We wish you a pleasant stay with us.
Best Regards, Christian. EarnGroups.”

One of the most popular programs on MNO also remains GulfReserve (reviewed here) which currently holds the #2 position on my monitor. They offer instant payouts on AlertPay, LibertyReserve and PerfectMoney deposits via different plans where anyone could find something that suits his needs – 4%-5.5% for 30 business days, 1.2% for 150 calendar days, 105% after 5 calendar days. The secret to success for GulfReserve is not only in the instant or fast payouts (albeit the only thing real investors should appreciate a program for) but also in the constant development of new features and the good communication between admin and investors, something vitally important for its survival in the long run. If you want to know more please come to read my interview with Alina, the admin of GulfReserve, which was published on MNO here, you can read the latest newsletter from her just to see how important good communication is in the program.
Among the many important points covered in this update one includes the the latest cash contest on the MNO forum – click here to participate. If you don’t know what that is then basically GulfReserve are sponsoring a series of cash prizes on the MNO forum. To win one of them you simply need to log in, answer one simple question about the program, and if you are either the first one with the correct answer or at least the closest in the opinion of the GulfReserve admin, then you collect a nice $5 cash prize to your PerfectMoney account. In the interests of fairness questions are posted at random times throughout the day and night to give readers from all over the world a fair shot:
“Official Newsletter
I hope all of you are having wonderful time, There are few updates that I would like to announce and some issues that I would clarify.
FaceBook and War against SPAMMERS:
First of all, We have gained over 1600+ supporters at FaceBook but unfortunately there are few people who are using our official FaceBook page for spamming purposes which will NOT be tolerated so this is a final warning to anyone who is spamming or promoting any kind of any other web address on our official FaceBook page, from now on we will simply start putting a permanent ban on these people which will of course kill their chances to participate in our FaceBook contests.
Growth and Customer Services:
Another good news, GulfReserve‘s growth is on its TOP gear and we have already gained more than 5500+ active participants of our programs. But another unfortunate side effect of this is our support ticketing system is flooded up. Naturally it makes sense that when we have hundreds of support emails everyday, and most of them requires different kind of actions to be performed besides just having them replied so naturally it slows down the process. So I am reminding everyone that we have not advertised any kind of “immediate response” service, and I believe to have your email replied with in time span of 12 to 24 hours is completely normal and I am requesting our members to understand this and support us on this one too, in the meanwhile of course we are planning for enhancements in our customer support services and looking for more qualified representatives.
I will also clarify another issue once again and that is about withdrawals. If any user has invested less then 24 hours ago then there is no way he will get paid instantly, because each e-currency accounts need to be manually verified to neutralize any kind of fraudulent or hacking threats. Secondly, If you are an old investors but one of your requests shows “pending” status then it means there was either timeout issue (which happens when there are too many requests going on with server in background and that causes few of them to not complete as expected), or allocated instant payments balance has dried up (which is one of necessary pillars of security infrastructure). In both cases, all of the pending requests are later denied and refunded. This refunding event is also exclusively done by me and is done at least 2-3 times a day. So even if request is showing “pending” or “cancelled” status, this is not really necessary to contact support about this as I have already explained this procedure above. Also only less then 10% of withdrawals requests require refunding everyday while over 90% are instant as usual!
You withdrawals are INSTANT, and they will always remain INSTANT!
We are constantly enhancing our services and overall program but we also need to ensure about program’s security which is guarantee of its life and long term mutual benefits so I have explained how this system works above and there are absolutely “no” exceptions about it.
Coming Soon… Second MNO Chat Session!
Its an absolute 1 month ago when we held our first chat session at MNO where investors asked me their questions live and earned prizes too. Me and Paul are negotiating for second chat session and this will be announced as soon as we conclude and schedule a date for it. But in meanwhile we have our 1-week long cash contest running at MNO forums where participants can earn $5 usd cash reward everyday!
In the meanwhile, Our our contests at FaceBook are also running and we are rewarding our FaceBook participants everyday with bonus investments and cash reward so I highly recommend you to join us at FaceBook as well:
http://www.facebook.com/pages/Gulf-Reserve/209901512378189
Regards, Alina.”

I was quite please to learn today that I was one of the winners of the recently completed referral contest held by the admin of UnicornInv Thomas (interviewed here) lately. The prize has been already paid to my STP account and I would like to congratulate my fellow winners both on their good job in promoting UnicornInv and on winning the other cash prizes. By the way, the program definitely deserves to be promoted as after more than seven months online it’s still paying fine and without any interruptions to SolidTrustPay, LibertyReserve and PerfectMoney accounts for two perpetual plans – 1% on every business day or 6% weekly – from which you can optionally get your principal back after 180 business days. The minimum to invest in UnicornInv starts from $20 and you can read more analysis of its current investment plans in the review posted here. Let’s hope that the program will successfully survive another few months (and more!) to celebrate a year online by the end of 2011 when the admin promises to launch another referral contest. But even if you don’t have this opportunity you should think hard about promoting it because from now on the program will pay two-tier referral commissions – the system which was also properly explained in the latest newsletter:
“Newsletter 1 July 2011
Dear Clients
The month of June has passed and as said in our last newsletter, we are glad to announce the winners of our referral contest.
The five winners and their prizes are:
1st Hyipman $500, 2nd marcd $400, 3rd moneynews $300, 4th investnow $200, 5th buckaroo $100
We congratulate our top performers and thank all our members for their kind participation. We will definitely have another referral contest in December, on the occasion of our first anniversary.
As a permanent addition to UnicornInv we introduce as of today a 2nd tier commission structure. The basic 5% commission for your direct referrals will remain unchanged. In addition you will receive 2% 2nd tier commission on deposits generated by these referrals. For example: You have referred Michael and have received your 5% commission for Michael’s deposit. Michael is inviting Susan and is receiving 5% commission on her deposits. Since you have invited Michael, you will get 2% commission on each deposit Susan (or any other referral Michael has invited) might make. Of course the 2nd tier commission will also be paid if one of your referrals has no active deposit with us, but is actively marketing UnicornInv.
We wish all our clients a nice weekend and remain with best regards,
Thomas Andersen & Team”.

The situation surrounding GorgonProjectInvest is unclear right now as I have noticed today that I was not paid to PerfectMoney for a few withdrawal requests, the oldest of which is dated from June, 27th, well outside the 48 business hours promised. I have already contacted the admin of GorgonProjectInvest Paul (interviewed here) and asked him to explain why even tiny payouts to PerfectMoney are being delayed. I will update you tomorrow, when hopefully I will receive a reply from him regarding such this. LibertyReserve withdrawals can be at least exchanged to GlobalDigitalPay and be paid there, but PerfectMoney’s investors lack this opportunity but they have to be paid on time. I’m aware that due to a surplus of GlobalDigitalPay funds the admin of the program probably has no choice but to pay LibertyReserve withdrawals via GDP. He admits in the latest update posted on the website that he’s fully aware of the current situation with exchanging GDP to other e-currencies. But at the same time he’s opening the doors to LibertyReserve investors looking to take advantage of the highest paying plan of 3.5% for 180 days with principal returned on expiry, a plan previously only available to GlobalDigitalPay users for a minimum deposit of $100. Effective immediately LibertyReserve investors will be able to avail of the same plan. But then the question arises – what is the point of that plan if LibertyReserve withdrawals are being delayed and the members are encouraged to exchange their requests to GlobalDigitalPay? Because it’s acknowledged that there is a major delay exchanging it to other e-currencies and no solution was provided for this. It looks like the admin of GorgonProjectInvest has some important info which allows him to be more than confident that the situation with GDP exchanges is going to be back to normal soon enough, but will Paul handle the GDP issues just as well as he handled the recent AP blockages? We’ll wait and see, but currently I would like to give a word of caution regarding GorgonProjectInvest while I wait for an update from the admin. I’m quite hopeful that he will propose a professional solution like he always did. Anyway, GorgonProjectInvest is still the #1 program on MNO and I would not really want to lose it because after over six months online and perfectly processed payouts on three main plans – 1.9% for 30 days, 2% for 90 days and 2.2%% for 180 days with principal back on expiry – it would be really unfortunate for the program to finish. I still hope that the most recent update posted on their website reflects the real situation and does not serve to mislead investors or distract them from possible payout delays. As usual, check out my blog tomorrow for hopefully more news from GorgonProjectInvest (reviewed here):
“Onslow 180 allowing Liberty Reserve Deposits & News Update
Hi. Due to public demand and because of certain issues with Global Digital Pay exchangers and the inability to transfer GDP to cash or other e-currencies, we have extended the special Onslow 180 plan to Liberty Reserve users too.
GDP users can still benefit from the exceptional rates but are advised to re-invest their earnings until the liquidity problem with GDP is resolved. Liberty Reserve users are invited to enjoy these incredible rates of return to take the pressure off the GDP situation.
This is a permanent offer and we promise to look after GDP users if the problems continue. More news about this soon, but we would like to assure our GDP users that we have contingency plans in place if any major problem occurs. Please remember how we handled the AlertPay disaster. Many companies collapsed, but we boldly and proudly stormed through the problems and excelled and grew stronger. We intend to do the same if things turn out badly with GDP. In fact we believe GDP will survive and rebound, but as always we have all sides covered and will not let our investors down.
On another issue, we implore our account holders to beware of very damaging posts in certain forums as there is a campaign determined to destroy GorgonProjectInvest for whatever reason (jealousy?). We advise you to keep up to date with news (good or bad) on the GorgonProjectInvest web site for TRUE information. We have already proven to be the ‘real deal’ and we do not think rash and immature postings on forums frequented by hackers and scammers do any good for all involved. We advise against taking any comments on Forums as true or relevant to our current situation. Forums are nasty places that breed untold FALSE rumours usually from competitors or scammers.
Stay informed – watch this space.
Regards. Support Team”.

Yesterday’s review of HyperCompound (read it here) was greatly appreciated by the investors of the program who looking to get a better understanding of how the program works. Likewise the admin was kind enough to mention the program’s review on his site under the news section today:
“HyperCompound Has Been Reviewed By MNO
We are pleased to announce that Paul from Money-news-online has published a detailed review of our program which makes for a very interesting read. You can find it here.”
HyperCompound is a new program that accepts LibertyReserve, PerfectMoney and Bank wires with instant payouts to the two payment processors. It features a custom script with a lot of new features and offers 1.5%-3% + bonus interest for 100 business days with principal returned on expiry or withdrawn early on request.

PowerfulStrategy (reviewed here) has added phone support today. The working hours when you can call as well as the number were posted on the website today:
“We are delighted to announce that we have added phone support. Our phone: +1 (829) 249-6541, hours of support: GMT 11:00-23:00, language: English. But on the technical issues please use our online chat, or the contact form!”
PowerfulStrategy was added to MNO three weeks ago. It’s paying instantly to LibertyReserve, PerfectMoney and AlertPay deposits made to the following investment plans with principal returned on expiry of each of them – 1.8% for 10 business days, 2% for 25 business days, 2.3% for 60 business days and 2.8% for 120 business days. I recently sent some interview questions to the PowerfulStrategy admin and hope to get an answer back soon.

It looks like ViscoCorp (originally reviewed here) is a totally different program with different plans on offer now. From the daily paying 1.5% for 100 days which was scrapped recently the program is now offering now a no-expiry plan paying 0.8%-1.5% daily fixed return that will be paid for as long as the program stays in business. Deposits start from $10 and interest payments will depend on much you invest via LibertyReserve. The new plan pays 0.8% daily return on $10-$4,999 deposits, 1% daily on $5,000-$14,999 deposits and 1.5% daily return for $15K or larger deposits. For sure this plan is totally sustainable and I believe that ViscoCorp will be able to sustain it in the long term. Especially as the program is not particularly old yet. Though it’s been here nearly five months that’s really not so long if we consider the plans (even the old ones were quite sustainable). Here is the short announcement about the newly added plan posted on the site of ViscoCorp:
“Daily Life Plans Launch !
Interest will be sent to your account daily for life, as long as your deposit with us.
You can withdraw your deposit after 1 year.
Once you withdraw your deposit, no interest will be sent to your account.”
Of course such low-ROI plans have to be funded at the expense of others and I believe that it’s very unwise to deposit in the 900%-1350% after 90 days or 1260% after 180 days currently being offered by ViscoCorp. You are unlikely at best to ever see your money again in such plans. And the more the admin promotes them the more cautious the investors must become. Today for instance there was a huge bonus promised to everybody who invests in the newly added 90-day plan which should be treated with a grain of salt in my opinion:
“July Promotion !
FREE $1000USD per unit deposit of 90 Days Plan for the first 20 units daily.
Example : You make a deposit of $500 into the 90 Days plans, you will get another $1000 bonus! This bonus only valid for first 20 units daily.”

I would like to confirm that MGFunds (reviewed here) finally resumed the payouts today after the successful change of hosting provider. Ss far as I know most investors were paid promptly to their LibertyReserve, PerfectMoney, SolidTrustPay and AlertPay accounts from the only investment plan offered by MGFunds – 3% for 45 days.

Other programs that also paid me promptly today include the following:
EarnGroups, EverydayEarnings, Opulentia, HyperCompound, PermanentProfit, OnlineWealthFund, TrueWealthAlliance, ViscoCorp, InvestNetGroup, GorgonProjectInvest, BaseBucks, UnicornInv, BrantonsGroup, EurexTrade, GulfReserve, Insectrio, ReProFinance, GlobalFxTrades, PrimFix, StockBiz, FeoCash, AlphaForex, UniPrimes (the first payments received), FxLandiar (the first payment received) and LeLaissezFaire (the first payment receieved).

That’s all for today, guys. I hope that you’re having a great weekend. MNO takes no days off though, so I hope to see you on my blog tomorrow with another review and more news and updates from the HYIP industry. Stay tuned for more news and more useful information, guys!