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

Hi everybody! From the the most recent batch of programs added to the MNO monitoring page, I think it fair to say one of the more interesting ones is probably a longer term HYIP called BioRepay. It’s not exactly brand new having started about two weeks back or so, but given the length of its investment plans that’s still relatively recent and still allows members plenty of time to get in on the ground floor so to speak. BioRepay‘s plans are also more original than a lot of their competitors, though to be blunt that might also make them seem a bit more complicated in the eyes of less experienced players. So before we get to the day’s news stories I want to take a look at bioRepay in a bit more detail for you, and see if you think it might be a suitable addition to your portfolios or not.

Starting as we do with the important stuff – the plans – BioRepay‘s list includes four different long term options to choose from. What sets them apart from most other HYIPs however is that they offer an increased rate of interest if you decide to join up again for a second round after your first deposit expires. Here’s how it works:

BioRepay‘s first plan can be joined for a $10 minimum spend. It’s called The Canola Ventures Plan and it runs for 90 business days. During that time you receive a daily interest payment of 1.2% every day from Monday to Friday. At the end of the term your initial principal is then returned leaving you with your own money back plus 108% net profit for yourself. If you like how things have gone during the preceding 90 days, think the admin’s done a good job, and think BioRepay still has enough of a future in front of it to justify joining again, then you can earn 1.3% interest per day for the next cycle should you decide to try your luck for a second round. Assuming that all works out for you and you would like to join again after that 90 day term has expired, the BioRepay will offer 1.4% per business day for members joining up for a third cycle.

Of course I suggest you really put all that out of your mind for the time being, and don’t let it confuse you. None of it is of any importance whatsoever until after your first deposit earning 1.2% expires. Think about joining for a second round after you get your first deposit back, and not a minute before.

But that’s more or less the general idea behind all three of BioRepay‘s remaining plans. The second one is pretty much an extension of the first, running for 90 business days but costing a $1,000 minimum to join. It’s called The Jatropha Plan and first time members are offered 1.4% interest on their deposits per day. At the end of the term that should all add up to 126% net profit once your principal is returned as promised. If at that point you decide you have been satisfied enough with BioRepay‘s performance during the term and would like to go again for a second round, the any members doing so are offered 1.6% per business day, and your principal returned on expiry. If you’re still feeling lucky at the end of all that – assuming BioRepay is still with us that is – then any investor looking to go for a third term is offered 1.8% per business day.

Again however don’t get ahead of yourself. Concentrate on your first deposit before you go thinking about number two, never mind number three. Anyway, the last two plans are I think really only for the biggest spenders/gamblers in the industry at the moment as the minimum costs are a bit prohibitive to most I would say. But that’s up to yourselves to decide so I’ll describe them anyway.

BioRepay‘s third plan runs for a somewhat longer term of 120 business days this time. It’s called The Oil Palm Ventures Plan and will set you back at least $5,000 to join. In return (for joining once) the admin offers you a daily payment of 1.8% per day, Monday to Friday, and your own money back on expiry. Once you have your own money back, your daily interest payments can now be considered as profit and should come to 216%. If you’re happy with that and would like to take your chances on the program going a second round then second time depositors can earn 2% per business day, while anyone joining for the third time gets 2.2%.

And finally, mostly for information purposes, BioRepay‘s Millettia Ventures Plan also runs for 120 business days, making daily interest payments of 2.2% on deposits of $15,000 and upwards. Repeat investors are offered 2.3% per day if they join a second time, and 2.4% if they join for a third. Principals are again promised to be returned on expiry.

Something that might hinder the growth of BioRepay, but is by no means a difficult task for the admin to address, is the payment options open to investors. This is currently limited to just LibertyReserve and PerfectMoney. The thing is that this has traditionally been the case with longer term HYIPs, but smarter investors (and certainly bigger investors) are no longer so accepting of this. On the plus side however BioRepay are offering instant payouts. You will still need to log in to your member’s account area as usual but once the request is registered you should see the money in your LR account in under a minute. You’ll notice that I just said LR there, and not PM. That’s because PerfectMoney withdrawals are not currently instant. Due to a complication with their server it just doesn’t seem to be happening for them right now, though being PM I imagine it will only affect a minority of investors anyway. I’ll update you when the issue is dealt with. Other than online payment processors BioRepay also handle direct bank wire transfers. For further information on that however you had better contact the BioRepay admin yourself as an entirely different set of rules and charges will apply.

It’s quite a nice website overall, one that’s easy to navigate and user friendly throughout, but without compromising some of the more important security aspects. Hosting at the moment is provided on a dedicated server by SoftLayer, with protection from DDoS attacks provided by BlockDos who remain one of the best in the industry. The BioRepay admin has however decided to take this to a higher level again and move the entire website to BlockDos servers altogether, so they’ll now provide hosting as well as protection. In the long run I guess this will be more secure and efficient, not to mention cost effective. BioRepay is also running off a customized script based very heavily on the ProBizScript model, but modified by their own programmers to meet their expectations and needs. The BioRepay website is also fully SSL encrypted in both public and private areas for more secure transactions and safer browsing. For any further questions about this, your account, or any other aspect of the program you would like more info on then you can get in touch with the admin via a couple of different ways. Nothing particularly unusual mind, as with most HYIPs BioRepay features an online support ticketing form that you can fill out and submit through the website, or else just write directly to the e-mail address listed. BioRepay include a mailing address in the UK (the Channel Islands to be exact) though the street and the postal (zip) code don’t seem to match up it’s unlikely to be more that a hosted, or virtual correspondence address at best.

As for the business interests allegedly backing up the program and the repayments offered to its investors, BioRepay claims to be involved in the field of natural and renewable energy resources, something I think we’ve seen more than once now in the online HYIP industry. Considering the admin is also quite to the point about what he’s trying to achieve with BioRepay I doubt it’s his first outing in the industry either, so fingers crossed it’s someone who knows what they’re doing. Content, ie texts, are for what it’s worth quite extensive compared to many other online HYIPs and even quite interesting to read in places. Unfortunately as with so many programs it’s not original though, and is copy/pasted from other sources. As usual I know experienced HYIP players will have little if any interest in this but as always I mention it for the sake of the newbies reading this. Don’t be tempted to treat BioRepay as more than a high risk online venture, and that means never spending more money on it than you might be prepared to lose, and try to use it more effectively if you join it at all by keeping it part of a more diverse portfolio.

DAILY NEWS FROM THE INDUSTRY

RAZORPAY – MNO REVIEW AND MANUAL DEPOSITS VIA PAYZA AVAILABLE

The first official newsletter from RazorPay was issued today, just a few days after starting up with their two main investment plans – 7.5% for 20 days and 18% for 8 days. It also looks like they’re growing too with over 550 members in the last few days (according to the admin). They accept LibertyReserve, PerfectMoney and SolidTrustPay, but since their approval by Payza is taking longer than anticipated it was decided to accept deposits there manually due to high demand. So, if you want to join that way simply follow the step-by-step instruction sent in the newsletter. The admin of RazorPay also featured the link to my review which was posted on MNO blog last night (click here to read it) and I’d like to wish him and his members a long and profitable experience. Here’s the newsletter in full:
“Message from RazorPay Team
Dear RazorPay Member’s,
We at RazorPay would like to thank everyone for your support and promoting of our program, We have attain a 550+ membership base and still counting. We are maximizing our marketing efforts to further increase our online presence. RazorPay is a big success since we launch our project 5 days ago, Our RazorPay managers promise to be transparent in our status at all time.
We got a reviewed by MoneyNewsOnline you can read it here http://money-news-online.com/blog/2012/06/11/11062012-razorpay-review-and-daily-news-from-the-industry/ . It is also added to the homepage of our website, do well to read about what he thinks about our program.
Update for Payza: We are still waiting for the decision of Payza, We will update everyone via newsletter. Meanwhile due to the high request of Payza depositors we have come up with a manually deposit patter, kindly find below details on how to invest using Payza.
How to invest with Alertpay/Payza
1. Deposit Directly to our Payza Account Email: razorpay2012@yahoo.com
2. Put your username to the memo field and choose a plan
3. Send us an email containing the following information:
a. Payza Payment Reference
b. Your RazorPay Username
c. Send your email to payzadeposit@razorpay.com
d. Your account will be credited in shortest time possible.
All withdrawal request have been processed and we remain online to serve you in timely manner.
Thank You,
RazorPay Manager”.

BENSONUNION – DDOS-PROTECTION BY DRAGONARA

Despite BensonUnion‘s announcement about taking the DDoS protection from Dragonara (quite a rare occurrence in the industry recently as they don’t generally deal with HYIPs much these days), the program was not loading to me all day. I also saw several reports from readers having the same issue with BensonUnion which I believe could be the result of some kind of server misconfiguration as Dragonara is well known for a perfect level of protection. MNO which is hosted by Dragonara never experienced any significant downtimes since migrating from BlockDos and for which I’m really grateful to them. So I tend to believe BensonUnion and its investors will only benefit from adding such protection. Anyway, I hope that soon the site will be back online and as promised by the admin of BensonUnion Ragnar (interviewed here) will be loading faster than usual. At the moment I cannot confirm if that is true or not:
“BensonUnion official newsletter
BensonUnion website has been moved to a better, more powerful DDOS protection provider Dragonara.net. As you may see, the website loads much faster as well as protection level is much better.”

I remind you that BensonUnion was first reviewed on MNO here when it was considered by many to be a potential industry leader. Despite all the advertising efforts though interest in BensonUnion from readers became minimal after almost five months of stable instant payouts to LibertyReserve and PerfectMoney. Even the latest addition of Payza to the list of payment processors and covering the fees for those using direct bank wire deposits didn’t seem to bring any significant improvements in growth. I hope the latest move to increase their DDoS protection will improve BensonUnion‘s reputation and allow it to become more popular among investors who prefer low and stable payments on 1.2%-2.45% for 170 business days plan with principal back on expiry – currently the only investment plan offered by BensonUnion.

GENIUSVENTURE – LATEST ATTEMPT TO SCAM

A number of days have passed since GeniusVenture started paying selectively and deleted the accounts of people with big amounts in them. Yet some corrupt monitors have no problem with luring new investors (i.e. victims) into the scam by displaying Paying status simply because they personally get paid. Such accomplices are very close friends of the admin of GeniusVenture who make every effort to squeeze the last penny possible from you with the 100% for 2 days plan. Surely no reasonable person would invest in this program anymore, but due to many crooked monitors around I would like to warn MNO readers about them once more. Please note that according to the admin he already had 50 investors giving him thousands of dollars and he’s eager to get more. So don’t be fooled by his cheap tricks:
“GV Diamond plan already more than 50 members invested within it’s few days launched and soon will be closed once it reached 100 investors invested.”

GET PAID REPORT FOR 12/06/2012

Here is the list of the programs from my monitor that paid me for the last 24 hours:
From MNO Sticky list: –
From MNO Premium list: NewGNi, Royalty7, OneInv, FX7Pro, SilverStructure, ENR-G, PrimeAlliance, EurexTrade, ProfitableSunrise, InvestForia, DividendService, MetalROI, FelminaAlliance, PrimeXCash, RazorPay.
From MNO Standard list: UFOWin, InternationalForexLLC, KISnP, BioRepay.
From MNO Basic list: WinWinBet, XtraForex.

That’s all the news from the HYIP industry I have for you tonight, guys. I hope to see you on MNO soon with the latest updates from the most profitable programs you can find anywhere online!