Beware! FIPO has been moved to Problem status! Do not invest there!

Hi all! Since being introduced a couple of weeks ago to coincide with the launch of the new MNO monitoring script, there’s been a couple of new programs going to the Exclusive Listing section on my monitor. The latest of these which opened only yesterday is a program called FIPO which I want to take a look at in a bit more detail for you before getting to the days news. There’s a few things to separate FIPO from the average HYIP but basically what you have is a choice between a short term investment plan and a perpetual investment plan, ie one that doesn’t have any fixed expiry date that allow you to keep earning until you decide to leave.

The first choice put in front of you is called The FIPO Daily Profit Plan, which is the shorter of the two options. It runs for 22 calendar days and will make daily interest payments. You can join for a $5 minimum which means it’s more than affordable to everyone though if you want to see a bigger return on your investment you can spend anything up to a $5,000 maximum. All deposits receive the same rate of interest which is fixed at 2.2% per day for the plans duration. On expiry FIPO will then return your principal.

So let’s look at a practical example and say that you wanted to invest $100 here. That would see you receive a $2.20 payment every day for 22 days which comes to $48.40 which can then be considered profit once FIPO return your initial hundred.

If you have a bit more faith in the longer term prospects of FIPO and think that considering that September will begin by the end of the week – a time that traditionally sees an upturn in the HYIP industry – the prospects of this program becoming a hit might be worth gambling on, then you can look at the second option. It’s called The FIPO 4Ever Plan and also makes daily interest payments.

This time however it doesn’t have an expiry date in the usual sense and will therefore continue to pay you every day until either you decide to leave or the program collapses, whichever comes first. You can join for a slightly higher but still affordable $10 minimum this time with the maximum still set at $5,000. The daily rate of interest is fixed at 2.4%, but please note that your principal is subject to a minimum 24 calendar day lock-in period. You are free to reclaim your principal and leave at any time after that, but not before so do keep that in mind before committing yourself to anything.

As for how much you could earn from this plan, well that’s really up to yourself. Working off the bare minimum assumption that you only stay for the mandatory 24 days you would at least collect a 57.6% profit, but the final figure is up to you.

Payment options are a little unusual, not in the sense of the processors FIPO are using but in terms of how they work them. As always LibertyReserve and PerfectMoney are in the forefront here. AlertPay are accepted as well but it’s a little trickier using them. Basically LR and PM can be used automatically in the script when joining FIPO, but if you want to use AP then that’s fine as well, you’ll just have to contact the admin first and discuss the details. Your investment will then be added manually. Once in however the same rules will apply to withdrawals regardless of your choice of processor. You need to request you payout from inside your members area after which the FIPO admin requires up to 24 hours depending on the queue waiting in front of you.

FIPO runs off a customized script designed by Neversay which isn’t a name I’ve seen much of in the HYIP industry in recent times (generally more associated with autosurfs anyway) but was always known for a good solid level of security as well as being easy to use. The website is SSL secured and is hosted on a dedicated Staminus server with advanced DDoS protection. FIPO also features a built-in translator which covers the website in French, Russian, and Spanish. It’s an internet based tool and so not a professional translation but it’s enough to give speakers of those languages the basic idea of the program. Far from perfect but it’s not a difficult thing to do and a nice touch that few admins can be bothered with. The admin’s been fairly good to communicate with so far and pretty quick to respond to any questions. You can contact the FIPO support yourself either through the Live Chat feature (one of the rare cases in the HYIP industry where this actually works by the way) or else by submitting a support ticket. Even this is a more professional set-up than most as at least they will provide you with a ticket number so you can follow the progress of any outstanding issues you might have.

Overall it’s quite original and has its own original texts describing the program. Personally most of you will know I tend to shy away from anything attempting to describe the program’s covered on MNO as genuine licensed financial services providers and FIPO won’t be an exception, but between me and you these things are a bit more aimed at the industry newbies and not intended for the experienced HYIP players that make up most of the MNO readership. Though I must say the FIPO admin does a better job than most in explaining his plans (even if they are kinda simple anyway) so kudos to him for that. As always though remember that this is always a high risk venture with zero guarantees, so please remember to set yourselves sensible and modest spending limits that you can comfortably afford and as with all HYIPs FIPO is more effective as part of a diverse and varied portfolio.

DAILY NEWS FROM THE INDUSTRY.

First of all I would like to issue another serious warning about a program which already scammed many days ago leaving most investors at a loss. The program is SpringPoints and I was informed that its admin Robert has become very active lately trying to get more money from unsuspecting investors by allowing them to withdraw $2 daily and actually paying that money. He actually put all the game on the premature collapse of the program on the unknown hacker and STP and AP payment processors which allegedly blocked the accounts of SpringPoints. Well, even if it’s true it was very well expected as the admin himself (though he’s blaming a hacker for that) sent the emails where he tried to trick the investors into creating an API in their LibertyReserve accounts to be able to steal money from them. So, I don’t believe how all those people can still believe to what this crook is going to say and are ready to spend fortune on his site just because they were allowed to withdraw $2 daily. Well, as you know such trick would not be possible if the admin didn’t see the benefit in paying such small money to himself. So, in very poor English it was popularly explained that in order to raise this limit and be able to withdraw the whole pending amount the investors have to make a fresh investment of at least 50% of what they are owed. Judging by the referral commissions reports I have been receiving lately I can see that many investors of SpringPoints are still buying this trick and keep investing into this ugly scam. Please note that this won’t help you get your money back from the program and it’s clear that this crook will close this offer very soon, most probably as soon as the money which he managed to steal by emptying LR accounts after his previous newsletter is finished. I would like to emphasize again on my blog – SpringPoints is an ugly scam which is not worth your investments even if you’re paid your $2 daily now. Keep getting your money back from the program while you can but do not invest anymore and don’t allow this conman to scam you again!

As I was contacting the admin of MGFunds Mark last night I got a reply from him which was unfortunately not good enough for me to move his program back to Paying status on MNO yet. MGFunds will still stay on Problem status until the issues with delayed withdrawals are resolved and the program establishes a set of rules that determine the withdrawal timeframe which do not allow the admin to leave payout requests unpaid for as long as he likes. He promised to issue such an update soon and he also reported about the program’s issues with AlertPay which will possibly lead him dropping AP soon. I will keep you updated on the current situation with the program as soon as I get more new information from the admin. Stay tuned for that!

GorgonProjectInvest is back online this morning after another 12 hours of downtime which was a result of a database issue mentioned by the admin of the program Paul (interviewed here) on his official Twitter account http://twitter.com/#!/gorgon_project. I can see that there are still many unsatisfied investors waiting to be paid to their LibertyReserve accounts though payments to other payment processors – SolidTrustPay, PerfectMoney, Pecunix and GlobalDigitalPay – are being processed normally. If you haven’t read Paul’s most recent update on the current situation with pending withdrawals to LR please refer to my previous article here. Hopefully everything will be sorted out and all the pendings are going to be taken care of once and for all within the next couple of days, but if you ask me I don’t think that constant downtime of the GorgonProjectInvest website is doing anything to help the situation. I will keep you updated on the situation with GorgonProjectInvest (reviewed here) as more news becomes available.

As September and a new HYIP season is just around the corner I started to receive some quite interesting emails to my inbox. And recently I got a pretty curious one about a possible re-incarnation of one of the biggest programs from the last five years which will possibly launch soon and be also monitored on MNO. I don’t know when it’s going to be added to MNO and what the expected date of the launch would but it will be announced on MNO as soon as everything is ready. So stay tuned and keep checking my blog often this autumn – you won’t want to miss this one!

TopsFund (reviewed here) has closed their 15 day plan which paid 300% after 15 days and replaced it with another even more unachievable plan paying 1800% after 360 days. In order to invest in this new plan you should be ready to spend at least $500 from your LibertyReserve account which beyond almost any doubt you will never see again. This so-called plan is just way too risky to recommend it to MNO readers and I would advise you avoid it like the plague. Better stick with two other more conservative plans paying 0.5%-1.5% daily forever or 102%-110% after 1 day. At least in case with those two plans in TopsFund you have a genuine chance to make a little money and you won’t need to wait for almost a year before seeing your profits back. Here is the latest updates from TopsFund regarding the change of plans:
“15 Days plan closed as we reached the investment limit.
NEW Fixed 360 plan launch !
We pay interest 5% to your account daily for 360 days, total 1800% return. Deposit included the interest return. Your pure profit is 1700%. Interest guaranteed.”

The first winner of the Facebook contest was announced in today’s update from CommoditiesCapital sent earlier:
“New winner for today
We have a new winner for today who gave a right answer on our wall on Facebook to our daily question. Also please don’t forget that we still have the referral contest on going who will end in few days with much bigger prizes. All details about it can be founded in our news area. Thank you all for your great support.
Regards, James. CommoditiesCapital”.
CommoditiesCapital has been paying for over a month already to AlertPay, LibertyReserve and PerfectMoney on deposits starting with $1 in the following investment plans – 1.8% for 100 days (principal back), 3.2% for 45 days, 5% for 30 days, 6.5% for 25 days. More on the program can be read in my review here and the interview with the admin James posted here.

Still no sign of the interview from JPDaily, guys, so maybe the questions sent were too tough for the admin Rich? Well, he himself asked me for it so I sent it as requested. Maybe the interview is delayed because he’s too busy with playing poker and thinking over the new program he’s gonna launch soon? Who knows… but I’m still hoping to receive an answer sometime this week. So far you can check out my review on the program here and I think I did a good job in explaining all the peculiarities the program has. Last update from JPDaily announcing over 2% profitable result for today for investors is being published below:
“Daily Result:+2.15% for JPDaily
Todays result has been announced!
Check your balances and request your withdrawals!
Daily Report: http://jp-daily.com/forum/YaBB.pl?num=1314736459
Investor Balances: http://jp-daily.com/investors.htm
Referral Stats: http://jp-daily.com/referrals.htm
News:
Bit of a late update! I fell asleep half way through the withdrawals lol.
Not much news today…
InvestProker is right around the corner though, we’re just waiting on the host to set its dedicated server up. And that’ll be ready to get started any day now. I’ll keep you posted!
And give me 30mins and all the pending referrals for the last week and a bit will be paid. (With the referral report posted in reply to todays’ daily forum report).
More tomorrow!
Regards, Rich”.

Here is the list of the programs that paid me for the last 24 hours and still remain on Paying status with MNO:
BrantonsGroup, AudivaTraders, InvestNetGroup, NeoProgress, PowerfulStrategy, ReProFinance, PermanentProfits, StockBiz, PrimFix, EurexTrade, EarnGroups, GorgonProjectInvest, LargeEarning, HotInvesting, After60Days, MInvestment, CommoditiesCapital, OnlineInvestmentBank, HitNRunMasters, HyperCompound, ViscoCorp, TopsFund, PerfectLottery, BetForInvest, BruyetteInvestment, RockwellFunds, BaseBucks, SecureEarn, JPDaily and FIPO (the first payments received).

That’s about it for tonight, guys. I hope to see you all back on MNO tomorrow with the latest news from the HYIP industry. Stay tuned and good luck with your investments!