Beware! TopsFund is paying selectively! Do not invest there!

 Hi everyone! Yet another full day on the news front for me today with plenty of updates to go trawling through through tonight for you, so I’m sure you’ll find something in there important to your own portfolio. And on top of that I have a closer look at another of the latest crop of HYI programs to be added to the MNO monitoring page since the summer began. Today sees the turn of one called TopsFund, a new program added over the weekend.

I was tempted at first to label TopsFund a long term HYIP, which wouldn’t be too short of what they’re about. But I think a more accurate description what TopsFund are offering would be perpetual plans, ie they have no expiry date. Once you join the program you stay a member indefinitely and will continue to collect a daily interest payment for an undetermined period of time. In other words just deposit once, and TopsFund will continue to pay you until the program collapses. You do (as you were probably wondering) have the theoretical option of withdrawing your principal and quitting the program, but as you are subject to such an inordinately long lock-in period this option isn’t really something you should even be considering when first signing up.

I’ll tell you more about that in a moment but first let’s start with TopsFund‘ investment plans. At the moment what you basically have is just one investment plan with three different variants depending on how much you would care to spend. It’s been stated on the TopsFund website that they intend to offer some other plans at some point in the future, however these offers are not currently valid at the time of writing and with no further information available as to exactly when they’re going to be launched then I really should avoid any comment on them in at this moment.

So what about what’s available right now? Well, for a start you can join TopsFund for a minimum deposit of $10. For anything you spend between that and a maximum of $4,999 you receive a daily interest payment of 0.5% for as long as the program can run. And that’s pretty much all there is too it. Payments are made on calendar days so you can expect a cumulative total of 3.5% per week. Of course you wouldn’t actually break even until 200 days (that’s close enough to seven months) before ever even breaking even and being guaranteed not to lose money in the program, a term that may put several people off joining at all. But if you’re one of those investors to whom “slow and steady” is of more importance then there are currently a good number of low ROI programs that made similarly sized returns who were (eventually) quite profitable.

If we take an example of a $100 deposit in this plan TopsFund will pay you back $0.50 per day for as long as possible. This allows you to break even after 200 days, though as the plans are perpetual and will not expire then your final profit – assuming the program ever gets that far in the first place – will depend on how long you are prepared to stay a member before collecting your principal and leaving.

As you’re only two remaining options in TopsFund will involve you spending several thousand dollars at a minimum then I guess the majority of readers will most likely prefer to skip them, but for informational purposes I’ll let you know what the options are anyway. To take it or leave it is up to you. So for an investment between $5,000 and $14,999 you can get a return of 1% interest per day with no expiry date, and for deposits between $15,000 and $50,000 the offer is 1.5% per day.

Payment options for TopsFund members are currently closed to everything except LibertyReserve. I guess that’s what’s known as “Hobson’s choice” in English, ie no choice, so take it or leave it. It’s entirely possible more options will be unveiled in the future if the admin ever successfully manages to launch the other investment plans, though for now nothing would indicate this to be the case. Payments are made manually and will need to be requested. Subject to a $1 minimum withdrawal the admin says you should allow him up to 24 hours to process them.

There is also the matter of withdrawing your principal back from TopsFund and leaving the program altogether. Well, you can do so but only on expiry of a lengthy 18 month lock-in period, so you had better be pretty serious about joining this program. At this point it’s going to be 2012 before you see a profit and 2013 before you can ask for your money back. That doesn’t mean you can’t make a profit from TopsFund – indeed it has nothing to do with whether you can or not – but it does mean you need to think carefully about how much you spend and make sure you can afford it. A piece of advice you’d do well to heed in any online HYIP and not just this one.

The TopsFund website is hosted on a dedicated server with protection and support from Dragonara. They are running off a customized script, though not entirely unique as something similar can already be seen in use elsewhere in the industry. But it’s not the usual generic mass produced product you might expect. To contact the program’s support team you will need to fill in your details on the online ticketing form and submit it. A less reliable method may be the postal address they publish for the USA where they also list a telephone number.

TopsFund are claiming arbitrage betting to be the main stream of income for the program, however texts are copy/pasted from other internet sources without the original links being cited. So if you are unable to explain your own business in your own words you’re either not particularly good at it or else you’re simply not doing it at all. And in the HYIP world I think it’s fair to suspect the latter. Where there is no concrete proof available to you then you know it’s a high risk venture without guarantees. So as I always remind you (and always will until everyone listens!) always establish a sensible spending limit you can afford and try to diversify your portfolio.

DAILY NEWS FROM THE INDUSTRY.

First off I’m glad to report that after several hours of downtime caused by a huge DDoS attack EarnGroups (reviewed here) has finally come back online and the instant payments to LibertyReserve, PerfectMoney and AlertPay for two investment plans (120% after 7 days and 145% after 145 days) have resumed. Such attacks from jealous competitors is something that can make or break HYIPs like EarnGroups and the fact that the program has survived this incident and kept paying instantly all the time will only strengthen its position in the HYIP market. We shouldn’t forget that all HYIPs are here very much for the benefit of their owners first, not the investors (EarnGroups is no exception) and that is why the statement about their high mission for the betterment of all mankind posted in the latest newsletter sounds nothing less than hilarious. I will though prefer to stand behind such dedicated admins like Christian from EarnGroups (interviewed here) who has the dedication to overcome all obstacles and move forward despite everything than those who would surrender once the first problems appear on the horizon. I believe that EarnGroups still has a lot of potential to grow and definitely such motivational newsletters like the one issued today inspire some confidence in investors. Just read it for yourself and you will see what I mean:
“EarnGroups – A True Sensation!
Hi Members,
As you may have all noticed, the website of EarnGroups experienced several hours of downtime, till a few hours back. We were under a strong DDoS (Distributed Denial of Service) attack during those hours, and our website was taken down by the attackers. Our hosting-cum-DDoS protection provider worked tirelessly during the hours of attack in the most efficient way to bring the website back online, and as you can see, our website is already back online now. We would like to express our sincere thankfulness to the team of DDoSWiz who helped us in mitigating the attack.
Since a DDoS attack is an attempt to make a website unavailable to its users, the only thing that happened during the time of attack was the downtime of our website. So we would like to assure you that, all your account details are safe and up to date, and nothing has been compromised. We have also taken the necessary steps to heighten the security of our website to a much greater level, so that such downtimes may be reduced or completely avoided in future.
More to say about the attackers, they were most probably the admins of other programs who are jealous of the huge growth and success of EarnGroups. They demanded us to pay them some serious amount of money to stop the attack, but we refused to do so, because we know that you have out your money in EarnGroups due to the trust in us, and not to feed the evil-minded people. So they continued on with the attack, but they were not strong enough to stop us. We had more than enough resources and features to stop their attacks, which we made use of in the best way.
To any of you out there who are jealous of the growth of EarnGroups, we would like to tell you that, nothing can stop us. Whatever evil things you may try to do to take us down; we cannot and will not be defeated. It is us who will always prevail. This is not some vague statement, but a fact.
We did not come into this industry just to be taken down by a bunch of jealous and evil-minded people. EarnGroups came here for just one purpose; and that is to provide the best money making opportunity forever, for the survival of mankind.
Therefore, members, we would like to assure you that, if at all, you come across any such circumstances in the future, do not get upset; because we are EarnGroups, and nothing can stop us. Our members are the ones who built us, and helped us become a true sensation in this industry. So just take a sip of coffee, or have fun with your friends or family during any downtime we may experience, because you can be most certain that we will be working in the most efficient way to overcome any such circumstances.
We thank you once again for being a part of EarnGroups, and we wish you a prosperous stay with us.
Best Regards, Christian. EarnGroups.”

Another popular choice among investors – PrimFix (reviewed here) – also managed to survive a DDoS attack due to which the site was unavailable for 15 hours. It returned to normal today. The admin of PrimFix Derek (interviewed here) has issued an update addressing the issue and ensuring members that the unfortunate incident didn’t affect the program’s performance in any way:
“PrimFix is back after 15 hours downtime
Dear members,
As some of you may have noticed, our site was under a small attack yesterday. Our database is 100% encrypted so there was not data loss thank to our server management team who acted very quickly to end that attack.
We have purchased an even stronger server protection today so that PrimFix will be safe from further attack attempts like the one we just had. I just wanted to apologize if that caused you any trouble, PrimFix is doing amazing and our business go on as usual, nothing has been affected.
I hope you’ll have a great week, enjoy your profits!
Site may be not accessible in some places, because we had to change DNS yesterday.
Best regards, Derek”.
Well, I can confirm that currently PrimFix is loading fine for me. Moreover I was paid from the program again today on the expiry of my investment of 210% after 45 days which is the longest and most profitable plan offered by PrimFix. The remaining two plans include 120% after 15 days and 160% after 30 days. All the popular payment methods including AlertPay (including their Credit card facilities), SolidTrustPay, PerfectMoney and LibertyReserve. More about PrimFix can also be found in the full chat transcript with Derek posted on the MNO forum thread here.

Due to the recent severe DDoS attacks on the most popular investment programs it’s very important for rival admins to learn from the mistakes of others and take all the measures to protect their sites from the future DDoS attack before and not after it happens. Therefore the fact that the admin of Insectrio Robert (interviewed here) has upgraded the DDoS protection level of his website is definitely deserving of some praise. In my honest opinion such measures should show the attackers and blackmailers they have no chance of bringing the program down and will inspire more confidence from the investors. Here is the update:
“Dragonara WebPIPE Level 2!
Dear members,
I have just paid my hosting provider, Dragonara, for WebPIPE Level 2, which is the highest level of the DDOS protection they offer in stock. Even though Insectrio was fully protected and never been attacked with the Level 1 of the WebPIPE, I upgraded it to to the highest level because Insectrio has caught the attention of many large investors recently and it’s extremely important for me that nobody will be able to DDOS attack the website in the future, so that Insectrio will be 100% safe and secure from any kind of attacks, even huge ones. September is not far away and with this fascinating growth and power, together with your amazing support, we will undoubtedly surpass it! Thank you very much!
Regards, Robert”.

Insectrio has been running for nearly seven weeks and is only one step from entering the Top 10 on MNO’s most popular programs list. The program accepts LibertyReserve and PerfectMoney starting from $10 and process payouts instantly from the following plans – 103% after 1 day, 120% after 5 days, 145% after 10 days, 170% after 15 days (read more about that in my review of the program here). According to the second update from Insectrio posted today Robert keeps working diligently on the addition of more new exciting features that are supposed to attract more investors in the future and help the program to achieve the ultimate goal of surviving the summer and getting successfully into September and beyond. These new features were mentioned in the latest newsletter posted below and include forum, multi-lingual phone and live support and new promotional set of banners:
“Improvements Are Coming!
Dear members,
I am currently working on many new features to develop and improve Insectrio even further in the future. This includes a special and unique forum to all Insectrio members, in which everyone will be able to share his instant payment proofs from Insectrio, success stories, feelings, thoughts and suggestions, multi-language phone and live chat support which will take Insectrio to a much higher level, and also a special page for testimonials in which members will be able to recommend Insectrio to others and speak their minds. Insectrio will also have a brand new set of banners, which will be much more attractive and eye-catchy! I expect everything to be ready by the end of next week, so stay tuned for that everyone!
Regards, Robert”.

It looks like the upgrading of DDoS protection level for HYIP admins nowadays is not just another trendy feature for appearances but instead more like a necessity. So, the admin of AlphaForex (reviewed here) announced that the site was not available for an hour today due to an upgrade which will hopefully make the site stable and protect it from unnecessary downtime and keep the payments flowing to AlertPay, LibertyReserve and PerfectMoney for the single investment plan 1.6%-2.6% for 180 days with interest credited on business days only and principal returned on expiry:
“DDoS Protection Upgrade: AlphaForex
Our company’s website was unavailable almost an hour today due to DDoS protection upgrade. However, as our trading system is located on different servers, unavailability of our website does not affect our trading on the Forex market.
Now our web site back to normal and All members can log in to their members account.
We apologize for the inconvenience.
AlphaForex”.

UniPrimes (reviewed here) issued an update today where the admin announced the first payouts on 120% after 7 days plan had been processed today which marked the end of the first investment cycle. The admin also mentioned my review of his program which was published a few days ago and analyzed the plans which also include 10% for 14 days and 3.5% for 21 days + principal back on which UniPrimes keeps paying stably on a daily basis to all five payment processors it accepts – LibertyReserve, PerfectMoney, SolidTrustPay, AlertPay and GlobalDigitalPay. Here is the update:
“Hello Today,
Thanks for participating in our program UniPrimes, you have helped us reach success within the period of our operations and we truly appreciate. Today marks the end of our first cycle and lots of members has smiled with huge profit after a 7 days wait, its good for us and we hope to proceed to more and more cycles.
Earlier this week we got our program review from Paul of MNO and here is a link to what he thinks: http://money-news-online.com/blog/2011/07/04/03072011-uniprimes-review-and-daily-news-from-the-industry/ , we have everything in place and working fine for everyone and we hope for longer partnership
Once again thanks for your tremendous support.
UniPrimes Team”.

Today marked exactly five months to the day since Opulentia first came online. The program has been listed on MNO for 132 days from this term and always paid in a timely manner to five accepted payment processors (including AlertPay, SolidTrustPay, GlobalDigitalPay, LibertyReserve and PerfectMoney) on the following investment plans – 2.15% on every business day for 365 days and 11% for 55 weeks with principal returned on expiry. In the most recent newsletter the admin of Opulentia Daniel (interviewed here) also explained why his program is not accepting Credit cards via AlertPay and PayPal options, named another good exchanger and addressed the issue of overly aggressive spam filters on some members’ email addresses. Here is the most recent newsletter from Opulentia (reviewed here):
“Opulentia: Newsletter
Following our previous newsletter we have received numerous mails from users wondering as to why we do not accept PayPal and credit cards. The reason why we do not is security. Simply put, fraudulent misuse of both PayPal and credit cards is too much of a risk for our line of work, and that is why we will not accept them, as well as using credit cards over AlertPay.
We forgot to mention another good exchanger last time – wm-center.com. This exchanger is, as the ones we mentioned, top notch, fast and has live support online nearly 24 hours a day.
One problem which often happens, we would like to note, is that users do not receive mail from us. In this day and age, spam filters tend to be overly aggressive, so make sure to check your spam mail folder for mails that might have ended up there by mistake and also, depending your e-mail provider, there might be a list of blocked mail addresses. If you have problems, please verify those things first.
By the way, today marks exactly 5 months of us being online. Thank you very much for all your support and trust, we could not have done it without you!
Kindest regards, Daniel Beletzky. CEO at Opulentia”.

JPDaily which was announced on my blog yesterday and was also added to Premium listing last night came out with the first daily results for the day which as you know can be different. And today that was a hefty 7.11% interest from which the members have to pay a 3% withdrawal fee and prove their LR account address by paying $0.05 fee to the admin’s account. I must say I was paid pretty fast after submitting my withdrawal request in JPDaily site (though in quite an unusual form) and post the first daily result report from the program below:
“Daily Result: +7.11% for JPDaily.
Todays result has been announced!
Check your balances, request your withdrawals and enjoy the day! As it’s a profitable one. Great start!
Daily Report: http://jp-daily.com/forum/YaBB.pl?num=1309954628
Investor Balances: http://jp-daily.com/investors.htm
Referral Stats: http://jp-daily.com/referrals.htm
Regards, Rich”.

Something I hadn’t previously been aware of has now resulted in a smear campaign unleashed by some members of the TalkGold forum. The thing is that after my inquiry it seems the admin of JPDaily admitted that he ran the very same program back in 2007 (when there was e-gold and e-bullion still, those were the times). The best thing about that is that the first JPDaily version lasted for over nine months which I believe is a pretty good result for any online program. More info on that previous version was explained by the admin of JPDaily Rich in his email to me today. Please read it below and make up your mind if you wish to deal with JPDaily or not because the admin is apparently not hiding the fact that he administrated the same back in 2007:
“JPDaily ran back in 2007 with mixed results.
About 3000 people made a profit during it’s many months online, and approximately 500 lost money when our results went south. (Though that figure could of been far far less if people had invested more sensibly, and cashed out their profits along the way). Additionally, we made a subsequent effort to refund a number of those last people – if you check out the archives on MMG, you’ll see some of that. But clearly we weren’t able to refund everybody.
TG blows it all out of proportion of course, and there is only one word for failure in the world of hyips.
But as you will come to see; my now 10years playing poker, and experience with working bankrolls of up to $1.2million (that is proven fact / public record) is now yielding dividends / very profitable! I am without a doubt proven to be the most experienced hyip admin and professional poker player in this industry. That fact is indisputable! (A twisted CV, i’ll give you that. But a very good sign of things to come!) If your readers invest sensibly – there is very big money to be had here riding the swings. And im not a hit and run scammer. So you’ll do great!
Additionally I have used my real name the entire time. And never attempted to hide that fact. If you’d like a copy of my passport to verify that – you’re welcome to it…
And nothing bad has ever come of my very public history – because I always did exactly what was said. We play poker to make your returns. Winning is obviously not guaranteed! And as per any investment that isn’t a scam; they’re not without risk! Particularly when seeking double digit daily returns.
Inform your readers of all the facts by all means, along with a caution to invest sensibly. I can’t promote that enough. But please present the full and fair picture. Don’t slant the story exclusively to what the more aggressive TG moderators would have you believe.
JPDaily is a poker hyip. We prove ourselves by our results. And you can withdraw your investment at any time.
The maximum loss (hedge) is 20% per day. Invest cautiously and sensibly. And there’s a very good (and honest!) chance that you’ll make a profit.
Can’t say fairer than that. Rich.”
By the way, according to the admin’s wishes I’m not going to review his program on MNO until a few days after he proves he can run something worth joining. It looks to me that Rich is a very dedicated guy and hopefully he will be able to make his program a success. I’m going to investigate the issue further myself before presenting you with the facts about the old and the new versions of JPDaily but if you’re curious enough you can already check the forums threads and make your decision.

LibertyReserve was not available for a couple of hours today which is why I went to check their official forum. I couldn’t find any update there about scheduled technical maintenance for today (LR is working fine now by the way). Instead I found some interesting info from the LR administration informing members of the constant circulation of phishing emails allegedly coming from LibertyReserve and offering some investment plans to get huge returns. Of course, scammers are very sophisticated guys and come up with very different versions of the same investment offer. But just in case you come across such an “offer” please read the warning posted on the official blog of LibertyReserve and protect yourself from dealing with scammers:
“Dear friends,
It has come to our attention that there have been reports of e-mails appearing to be sent from Liberty Reserve web site regarding an investment opportunity. Please note that Liberty Reserve DOES NOT offer ANY investment opportunities directly or indirectly. The ONLY business Liberty Reserve is in – to execute instructions of our customers correctly, securely and in timely manner regarding their transfers to other Liberty Reserve account holders. Any claims otherwise by anyone are false and misleading. We ask you to forward all suspicious e-mails to our abuse department via ticketing system so that we can investigate the source and take appropriate action against those in violation of our Terms of Service. Please always exercise extreme caution when conducting any business on-line and perform your own due diligence on any entity you wish to do business with on-line. This does not only apply to Liberty Reserve account holders, but it is a good practice in general. Always remember: if the deal sounds too good to be true – it probably is!
You will find more information soon on how to secure even more your on-line experience from our upcoming Consumer Education Center that will offer tips on how to safeguard your information on-line and steps to take to determine the validity of a business on-line.
With best wishes, Liberty Reserve”.

I have been paid from the following programs featured on my monitoring page for the last 24 hours:
Opulentia, PermanentProfit, TrueWealthAlliance, EarnGroups, GorgonProjectInvest, UniPrimes, UnicornInv, BrantonsGroup, EurexTrade, GulfReserve, Insectrio, ReProFinance, PrimFix, SafeDepositary, StraDox, MonetaryOasis, FeoCash, LeLaissezFaire, ViscoCorp, MAFinance, BaseBucks, HyperCompound, PowerfulStrategy, TopsFund, LibertyHoard, FxLandiar, InvestNetGroup, JPDaily (the first payment received) and HeinxInvest (the first payments received).

That’s all I have to report for you today, guys. I hope to see you on my blog tomorrow with the review of HeinxInvest and more daily news from the industry accompanied with my personal comments. If you want to subscribe to my news to be delivered to your email box every morning please fill in the form which you can find on the top of the left sidebar in my blog. I have already over 2,000 subscribers via FeedBurner and that is really good to realize that MNO is not an artificially inflated Alexa-based site but rather a real source of information read by thousands of investors daily. Thanks for being one of them and see you on MNO tomorrow!