Beware! JackPotProject has stopped paying! Do not invest there!

Hi everybody! When I look at some of the more recent additions to the MNO monitoring page I can’t help but notice that several of the better quality programs seem to be making more of an effort to distinguish themselves from the rest of the industry by offering slightly more unusual or unconventional investment plans. Something with a twist if you like, as it’s a competitive market at the best of times and even more so at the moment when there’s a bit less activity though no fewer admins. It may well prove a wise strategy (we’ll see that in time) and one being used by JackPotProject, which is the latest program to join MNO. In this case as well as some typical HYIP style plans their particular niche is to offer a sort of points system that can then be exchanged for money. I’ll get to that in more detail in a moment but first let’s take a look at the regular plans.

To start with JackPotProject is best described as a medium to long term program. After being online for a month already it’s not a new program, but given the length of their plans that wouldn’t be a major concern at this point. It has three investment plans running for various terms that make daily payments. The first of these runs for 30 calendar days and is called simply Jackpot 1. You can join for a very reasonable minimum spend of just $1 or indeed invest anything you like up to a maximum value of $300. Over the course of the term you will receive a daily return of 1.25%, and then at the end JackPotProject will have your original principal returned. Interest payments should add up to a total of 37.5% which will be your final net profit.

A lengthier more profitable option for those prepared to spend between a $301 minimum and a still (in HYIP terms) conservative $600 maximum is Jackpot 2, JackPotProject‘s second plan. It runs for a 50 calendar day term and also makes daily interest payments on your investment. This time the rate goes up to 1.5% per day with JackPotProject again returning your principal on expiry. Payments will total 75% as your own net profit.

And then the third plan, the so called Jackpot 3, is open to investors with between a $601 minimum and a $5,000 maximum to spend in JackPotProject. It runs for 75 calendar days and repays you at a rate of 1.76% interest per day. Then your original principal will be returned on expiry of the term. Unlike the previous two plans this one will actually put you in profit before it finishes, requiring 57 of the 75 expected payments to get you there. All together though the interest payments should add up to 132% in total, your final net profit once the JackPotProject admin returns your principal.

So far so good, but there’s still nothing out of the ordinary in financial terms going on here. I mean the plans are good, being both profitable and sustainable, but still nothing we haven’t seen before. So in order to make his program stand out from the rest the JackPotProject have another way you can make a little extra cash for yourself out of their program. So basically what they’ve come up with here is a sort of loyalty program where you get rewarded with complimentary, or “comp”, points. Every time you make a deposit of $10 in JackPotProject you earn a point. What’s a little bit easier however if you’re adept at promoting the program is that every time your downline deposits you also earn points. Clock up enough of them and you can then cash them in for money. Granted it’s probably monitors that will earn the most from such a scheme, but it’s open to everyone and if you’re prepared to work at it then there’s a couple of bucks there to be made. So good luck!

Other than that the only things I think you need to know about the plans would be that JackPotProject only accept LibertyReserve and PerfectMoney as payment options, so you all know by now that means no refunds and no chargebacks under any circumstances. Payments are made manually and will have to be requested from inside your member’s area. Payments are generally processed some time between the hours of 10.00 and 18.00 (GMT) so if you put it in outside of that timeframe chances are the JackPotProject admin won’t see it until the following morning. 72 hours is the maximum waiting time. As well as that there’s an option for compounding if you want the extra risk of re-investing your profits as opposed to actually withdrawing them.

JackPotProject is overall a very professional and well crafted program, and that will surely go a long way towards reeling in a good number of new members I’d say. For one thing it runs off a unique and original looking script, and the program is properly SSL encrypted. Hosting is on a dedicated server with support and protection by Dragonara. Customer support if you have any questions for the admin or account related issues is available by filling out the ticketing form on the contacts page and submitting it. Or you can always just mail JackPotProject directly at one of the e-mail addresses provided. Also listed is a postal address in Cyprus, however I’m in no position to verify what you’d find were you to visit.

Just like the rest of the website texts are also original, though I can’t say the story they tell is hardly a new one. As you might have guessed from the name JackPotProject is allegedly involved in the world of online gambling. That of course is a massive industry in itself these days, involving a lot of people and even more money. I can’t say there’s no truth in it but nor can I confirm it either, therefore it’s your only option to always treat what you find on the net with some caution, without being afraid of it either of course. After all, it’s a risk even getting out of bed in the mornings! So as is always the case if you want to join JackPotProject then set yourself an affordable spending limit and try to use them as part of a more varied portfolio.

DAILY NEWS FROM THE INDUSTRY

Firstly I need to warn readers investing with StableProfit, at least at this point until I get clarification from the admin. I suspect that the program might be paying selectively already by blocking the accounts of investors with a significant amount of money in it. Today I received proof to from one of my long-time readers in the program who first mentioned on my ShoutBox that it took him longer than usual to receive his payment, however just a few hours later he was stunned to find that his account was simply blocked/deleted with no prior notification from the admin. Well, as you remember two days ago I already expressed my skepticism about the longevity of StableProfit which has ran for over three months already so the end was kinda predictable. There was also some rather odd behavior from the admin who issued a couple of updates for the last few days as usually he only does 1-2 per month. Everything indicates that StableProfit might not be around much longer, but if the admin thinks that freezing members accounts will go unpunished then he’s mistaken. Thank God there are some honest monitors like MNO who can protect the rights of investors and warn others before it’s too late. So if he’s not going to restore full access to the account of my referral and pay him what’s due this will only mean selective payouts and Problem status for the program. Once again, I would like to say to HYIP admins that MNO will never tolerate selective payouts and will always be on my readers side, so think twice before blocking someone’s accounts! At this point it would be not wise to invest in StableProfit, at least until tomorrow – when the status of the program will be finalized. From previous experience there is very little chance that such investors are going to be paid and most likely this is signals huge cashflow issues. So, please stay away from StableProfit for the moment and watch the program’s status on my monitoring tomorrow!
P.S. Just as I was ready to post this information I received an answer from the admin blaming the reader for creating multiple accounts in StableProfit and blocking it for that reason. Well, it seems a little too convenient for him to block the account just after the withdrawal request was made and only blame him then for creating multiple accounts which is a total lie as this is a long-term referral investing quite big amounts in HYIPs and he wouldn’t be risking his account to make mere cents when he can make hundreds. Also he was a member since November 23 and was successfully paid before with no accusations made and no account getting blocked. All of which comes back to the obvious cashflow issues StableProfit is almost definitely experiencing now. My offer to pay to my referral still stands as I always behind them and not the admins. This will never be tolerated on MNO and if that guy is not paid by tomorrow morning StableProfit will be moved to Problem status on MNO due to selective payouts. So watch out for more info on that tomorrow!

It’s becoming a good tradition already that the admin of HYIPInnovation Sean (he was first interviewed on MNO here) keeps issuing updates which not really embrace particularly his own program but mostly discussing some of the the major topics and problems of the HYIP industry. Most such discussions would be interested only to newbies and pretty inexperienced investors who are unaware of how the HYIP industry really works. In any case I believe that seeing the industry through the eyes of the admin of a potentially good program which has lasted for over a month and reached the top 10 on MNO already is a totally new experience. Of course I do not agree with everything said by Sean, but I think his thoughts are interesting and worthy of further debate. And in today’s newsletter from HYIPInnovation (reviewed here) paying 5% for 25-40 business days via LibertyReserve and PerfectMoney the theme of HYIP monitors and their role and impact on the industry was discussed. It’s undeniable that quality monitors that try to actually help investors with displaying the true status of any program might be helpful, while the majority are only here for fast money and will definitely mislead the investors as long as they are paid, so should be avoided at all cost. But this is my personal point of view on the matter and of course, I respect Sean’s point as well though it’s a bit different from mine as you can see after reading the newsletter below:
“HYIPInnovation – What is HYIP Monitor?
Dear HYIPInnovation members,
As promised in one of our earlier press releases, this (hopefully useful to most) note is about HYIP monitors and it goes to all dearest current and future HYIPInnovation members, wherever and whenever this message finds you.
We believe that HYIP monitors and other relevant web portals are one of the most ingenious inventions of this industry. They constitute a very important integral part of alternative investments market, including HYI Programs in particular. Such web resources at times may even drive the whole industry to some newer developments and innovations by pointing out the good and bad about one or another HYIP and thus creating the industry trends. However and of course most importantly, these websites are first of all investors’ independent sources confirming the real paying status of any given program at any given time. Just imagine facing some of the HYIP monsters our there, all by yourself, with no reliable proofs of payments and therefore likely not seeing yours. As some of you know, HYIP industry is heavily abused by the fly-by scams, where not a single investor would stand even a chance to win some profits and it is THEM, the HYIP monitors and other informational portals who are trying to help investors to discern potentially real opportunities from plain scams. If it is was not for them, the investors would never know for sure if they are investing in the “dead horse”, or if the “horse” is really still kicking it good.
Now, all these monitor functions are of course good, useful and important, but things are not as easy as they may seem. In particular, you must ask yourself a question: Wouldn’t the monitor owners go broke sooner or later if they are to invest in every HYIP that comes alone? Well, the first part of an answer to this question lies in the fact that many HYIP portal owners are experienced enough to make the right choices for their own investments. Believe me, many are doing a very good job on this and I personally can confirm the fact of it, because I know about this first hand as the program owner. The second part of the answer however, is a subject of another press release, so if you found yourself intrigued and curious, you need to become “HYIP Innovative” immediately, because this membership may just become absolutely crucial for your future financial health!
High Innovative Five to all of you and thank you for your attention.
Sean Mebokan on behalf of HYIPInnovation Team
P.S. Please email the list of your 5 to 10 top favorite HYIP information websites to polls@hyipinno.com with the subject line “My Top Monitors”. This is NOT a limited time poll, please send your vote, whenever you read this message.”

I know that I usually don’t post the recent news from payment processors serving the HYIP industry until the weekend but I want to make an exception for SolidTrustPay who recently introduced the long-anticipated card which US members can purchase now and use it to make deposits and withdrawals from the payment processor. Unfortunately in the breaking news update issued on the official blog of STP a few days ago there were no details reported on how one can apply for the card but since it is applicable to the US members of SolidTrustPay only as the card is domestic, and so only valid in the Unites States members from other countries shouldn’t be interested for the moment. For such members though it was reported that international Master Card would be also introduced shortly about which they will be notified later. This is really great news and together with direct bank and credit card transfers it makes SolidTrustPay a major player in the industry as AlertPay is still struggling with this feature. I remind you that SolidTrustPay already had such reloadable international cards in the past which they issued by GlobeWallet but unfortunately this company went bust and the money on those cards was frozen, prompting SolidTrustPay to refund affected members from their own corporate profits. But apparently this didn’t hit STP too badly as they proudly announced the charity activities under UNICEF corporal annual payments they make from abandoned accounts and to which any of their customers can make a contribution by sending money directly to the STP account specially mentioned in yet another update which was posted on the official blog just yesterday. Below you will find both updates which will hopefully give you an idea of how SolidTrustPay acts as a responsible service provider fulfilling their promises they made in the past. And I will be eagerly anticipating the coming news of the international cards and will let MNO readers know as soon as they are introduced which will hopefully make STP even more popular in the industry:
“Introducing the NEW STPay MasterCard
BREAKING NEWS BREAKING NEWS BREAKING NEWS
SolidTrust Pay, a world leader in secure online payment processing, is pleased to announce its new United States domestic MasterCard reloadable Debit Card.
STPay is excited to bring to its United States members its new, fully loaded MasterCard Debit Card ! Complete with awesome benefits, discounts and in-house loyalty program, the new STPay MasterCard will be awesome !! Look for it to be available in your Member’s Area mid January.
Our new INTERNATIONAL MasterCard Debit Card is soon to be announced as well, so check here often for all our news.
SOLIDTRUST PAY – when money matters!”
“Giving to Those Who Need
Every year, SolidTrust donates funds from abandoned, canceled and deceased accounts (with no beneficiary form on file), to well known world charities. These funds are matched dollar for dollar (and more) with SolidTrust’s own corporate monies. Members themselves also donate regularly throughout the year to SolidTrust Pay username: STP_Relief_Funds
STPay is recognized by Unicef as a corporate annual donor. Any members wishing to add to our Relief Funds account are welcome to simply login to their account, click on MY MONEY/TRANSFER MONEY and send an amount as small as $0.50 to username STP_Relief_Funds.
We in North America have the power to change lives – we challenge all of you to take up that power and DO something with it!”

Here is the list of the programs that paid me for the last 24 hours and keep their Paying status on MNO:
BonusPayMe, ProfitableSunrise, EurexTrade, HyperCompound, ForexReflex, APEnergyInvest, TopsFund, EVBusiness, SolidForexLtd, FXMoguls, WorldwideCapital, TopWallet, HYIPInnovation, Royalty7, LifeTimeProfits, StableProfit, OnlineInvest, ReProFinance, FelminaAlliance, PaidJack and JackPotProject (the first payment received).

That’s all I have to report for MNO readers tonight. I hope proves useful to you and hope to see you on my blog tomorrow. Stay tuned for more news and updates from the industry and don’t forget to check out the program’s status on MNO before investing – it might well save you some money!