BEWARE! FirstCoasts has stopped paying! Please do not invest!

Hello everyone! I hope you’ve all had a nice relaxing Sunday because if your active in the HYIP industry it looks like the coming business week is going to be one of even more activity with a lot of new programs coming to MNO. The one I want to look at this evening before we move on to the news is the most recent addition to the MNO Exclusive List called FirstCoasts. It’s an unusual name so suitably they have an unusual mix of investment plans that range from short to medium to long term. I suppose you could say that the plans are as eclectic as the investors so hopefully FirstCoasts might have something that suits most HYIP players. Keep reading anyway, and see if there’s anything you like.

The plans are also slightly unusual in the sense that the shorter the term the more expensive the plan is to join. Generally it’s the other way around, so today for a change I’m going to start by telling you about FirstCoasts longest term plan as it’s also their cheapest. It’s called The Professional Plan and can be joined for a basic minimum of $10. The maximum allowed is $25,000 and the term runs for 90 calendar days. During that time you will earn 2.4% interest per day adding up to a total of 216% in profits after which FirstCoasts return your initial principal.

Their second plan is a bit more medium term this time, running for a term of 45 calendar days. It’s called The Premium Plan and will set you back a minimum of $20 in order to join. In return you receive a daily payment of 3.2% interest from FirstCoasts this time, which comes to a total profit of 144% by the end of the term. You should have your principal returned to you then. Maximum spend is $20,000.

Things take a slight change of direction for FirstCoasts next two plans, starting with The Classic Plan. This one runs for a term of 30 calendar days and offers a daily interest payment of 5% on all deposits between a $50 minimum and a $15,000 maximum. That will add up to 150% by the end of the term, however the main difference this time is that FirstCoasts will not be returning your principal (they’ve already counted it as part of the payments).

FirstCoasts do not return your principal for their final plan either, though as it’s a short term plan you’d hardly expect it. The plan, called The Aggressive Plan, runs for 7 calendar days and unlike its predecessors only offers one single payment on expiry of the term. Were it not for the prohibitive cost this may have otherwise been the most popular of FirstCoasts plans. But anyway, the minimum deposit is $300 and on expiry of the term the return is 120%, principal included. The maximum spend is $10,000.

The selection of payment processors used by FirstCoasts is as good as anything you’ll find in the industry, will all the popular choices available. At the moment you can channel money in and out of the program using AlertPay, LibertyReserve, PerfectMoney, and SolidTrustPay who seem to be undergoing something of a renaissance in recent times. Incidentally, GlobalDigitalPay also gets a mention for some reason but we all know that one’s dead now so forget about them. Payments are made manually and will need to be requested from inside your account area. Once done the FirstCoasts admin asks you to allow a lengthy 48 hours for the transaction to be completed.

FirstCoasts is hosted on a dedicated server with support and protection from DDoS attacks by Koddos. The program is running off a licensed GoldCoders script. They are also using SSL encryption for for a little added security on your transactions. For any further questions, suggestions, comments, or account related issues you can contact the admin directly by e-mailing him at the address provided or by filling in the ticketing form on the support page. Two things that really let the program down however and make it look like quite an amateur home-made HYIP is first of all the inclusion of an address where they get the country wrong(!) and a banner advertising “24/7 online live chat” support, a service that is not actually provided at all (clicking the chat button does nothing more than refresh the existing page).

FirstCoasts texts are stolen and can be found easily being used word-for-word in a variety of other sources, including a magazine article from some twenty years ago, so it’s been through the mill more than once! Well, that’s hardly a new development in the HYIP industry either now, so just like anything else you stumble across in the industry remember the high degree of risk involved, stay well under an affordable spending limit, and protect yourself from heavy losses if one program collapses by keeping a diverse portfolio.

DAILY NEWS FROM THE INDUSTRY

It looks like I was right about the admin of IMakeMoneyNow and his alleged association with another fast scam program 1MonthMillionaire which I revealed on my blog a few days ago. Although the admin of IMakeMoneyNow strenuously denied all the allegations in the recent interview to MNO and wondered why I have such a rich imagination! But guess what? His new program has already stopped paying and not survived 1MonthMillionaire for long getting dumped after two weeks online which is still a better result that his other scam. I guess you see now that my gut-feeling about IMakeMoneyNow was right when I predicted that as soon as one collapsed the other would follow very quickly. At the moment, I can state for sure that IMakeMoneyNow is a scam which stopped paying already and investments are not recommended. I have already moved the program to Problem status on MNO.

I’m glad to report that since my review of GlobalBankInv was published last night (click here to read it) the SSL issue has been fixed and now the site is properly secured. Otherwise there are no changes in payouts and the admin continues to pay to LibertyReserve and PerfectMoney for deposits in plans such as 105%-130% after 1 day, 116%-219% after 3 days, 137%-600% after 7 days, 180%-1075% after 15 days, 270%-2550% after 30 days, 8890% after 60 days. Although GlobalBankInv is still a relatively new program being online for only a week the admin is really working hard to implement new features that will make his program distinctive. Today a phone number providing support for GlobalBankInv‘s Indonesian members has been added and it was also reported that English phone support would be added soon too. MNO will keep you updated on all these new features and meanwhile you can read the latest newsletter from GlobalBankInv below:
“GlobalBankInv – #3 NEWS
I just want to let you know that SSL is now fixed and working fine.
https://globalbank-inv.com Use this link for secure connection.
We added phone support in Indonesian language – +62 8523 546 1771 ( Phone support will be in test mode for 2 days ) Available 24/7
Phone support in English language – Soon.
GlobalBankInv has been reviewed by the most popular blog in HYIP industry Money-News-Online.com. You can read it here – http://money-news-online.com/blog/2011/10/01/01102011-globalbankinv-review-and-daily-news-from-the-industry/
This is the last 24 hours to vote for our second site language.
http://www.misterpoll.com/polls/536671 Please vote.
Results – http://www.misterpoll.com/polls/536671/results
After 24 hours we will announce the next language of our site. It will be translated within next few days.
Don’t forget to vote for us in monitors and post payments in forums – http://globalbank-inv.com/?a=cust&page=ratings
Stay tuned for more updates in next 24 hours.
Best Regards, GlobalBankInv Admin”.

AlertPay shut down for scheduled maintenance for a couple of hours today which was announced in advance so wasn’t a surprise for members. Still the admin of BruyetteInvestment Peter felt it necessary to update his members about possible delays with AlertPay payouts and issued this newsletter:
“BruyetteInvestment Inc – AlertPay Maintenance!
Hello. We want to warn you about:
“Maintenance
AlertPay is getting better still!
AlertPay is currently undergoing a scheduled upgrade to improve your experience.
During this time, access to your account and access to making payments will be disabled. You will be unable to login to your account.
The scheduled downtime will be starting from Sunday October 2nd at 9:00AM EST to 10:15AM EST.
We apologize for any inconvenience this may have caused.Thank you for your comprehension. The AlertPay Team”
When maintenance finished, we will make all payments!
Best regards, PETER SCHNAKENBERG
BruyetteInvestment Inc.”
Well, I can confirm that after AlertPay came back online the payouts from BruyetteInvestment have resumed and I keep receiving all my withdrawals requests promptly and every day paid not only to AlertPay but also to other payment processors accepted by BruyetteInvestment – SolidTrustPay, LibertyReserve and PerfectMoney. I would like to remind you that BruyetteInvestment was originally reviewed on MNO here. The program currently offers 4%-6% for 40 days for investments starting from $10 and providing fast payouts for about three months already. It looks like so far everything is going fine in BruyetteInvestment in the contrary with my recent predictions and I hope the program will be able to pay for a long time to come.

It looks like the anticipation of tomorrow’s review on MNO got the admin of CosmosInvest so excited that he decided to issue another newsletter totally dedicated to this event and mentioned that his program had already reached the top spot among the programs listed on Standard listing with MNO (a very short list by the way!). I remind you briefly that CosmosInvest provides instant payouts to LibertyReserve and PerfectMoney on two investment plans – 103%-105% after 1 day and 120%-130% after 5 days – and is officially running for over a month already having been kept very low-key so far. More on CosmosInvest will be in my detailed review tomorrow and meanwhile you can see the latest news from the admin below:
“Newsletter 3: Top Position in MNO Standard Listing.
We are proud to inform our Valued Investors that, after only 4 days listing in MNO, CosmosInvest has reached the TOP POSITION in their standard listing with ROI close to 140%.
This is just the beginning, INVEST, RELAX and ENJOY EARNINGS WITH CosmosInvest.
Regards. Joe. CosmosInvest”.

I would like to let any interested parties know that the monitoring script on which my programmer Andrew has worked for the last several months is finally on general sale. I’m not sure about the details or the price yet but it will definitely be very competitive compared to other popular scripts (GoldLister, etc.). The script is properly licensed and the first 10 customers receive free installation as well. You will also have full customer support from Andrew who will be helpful to answer all your questions. I will try to get more information about that soon and possibly even interview Andrew on MNO soon, but meanwhile you can have a look at my own monitoring page here and if you like it and would like a copy for your own monitoring site – click here and submit your order.

I’m glad to report that I was paid on expiry by two programs added to MNO last week. BrandDaily (reviewed here) and AdvantagesCapital (reviewed here) are two programs with a lot in common – running successfully for many months and offering instant payouts to LibertyReserve, PerfectMoney and AlertPay. There is slight difference with the investment plans though as BrandDaily offers 120% after 7 days and 150% after 15 days while AdvantagesCapital has slightly higher returns of 121% after 7 days and 150% after 15 days. Anyway, both programs look really good to me as they were for many members who are enjoying the high profits for almost eight months for BrandDaily and over a year for AdvantagesCapital. I believe that both are really worth a closer look as both are perfect examples of how short term programs should be managed and can last for many months and years to come under the guidance of a professional manager.

The following programs listed on my monitoring page remain on Paying status as I got paid from them for the last 24 hours:
AdvantagesCapital, BetForInvest, SafeDepositary, StockBiz, UnitrustDirect, iForexGain, PowerfulStrategy, GlobalBankInv, AuruMoney, WinnerEarn, OnlineInvestmentBank, BIA, HitNRunMasters, BrandDaily, GeniusIncome, SapaInv, EsplinoGroup, BruyetteInvestment, ViscoCorp, RegularBee, LargeProfit, CosmosInvest, StableProfit, SuperHotPay, SoaretInvestment, FirstCoasts, TopsFund, RichesBank, PokerProfits and OneInv.

That’s all the news for today, guys. See you tomorrow with a review of CosmosInvest and daily news from the HYIP industry and its most popular programs – only on MNO!