26/06/2012. FlitzInvestments Review and Daily News from the Industry
Beware! FlitzInvestments has stopped paying! Do not invest there!
Hello everyone! Before we get to this evening’s news, not all of which is good as I think some of you will probably already know, I want to take a closer look at another of the latest additions to the MNO monitoring page. This time it’s another shorter term program called FlitzInvestments, which is on one hand quite a conventional program as far as the investment plans go, but is a little different when it comes to design and the whole operational process. Anyway, despite claims that FlitzInvestments have been running for a number of weeks they only became listed on monitors and forums just before the weekend started, so in my opinion it’s still safe enough to consider this one a new program.
So what you get from FlitzInvestments is two different categories of plan. One group of plans makes daily interest payments to members while the other section just pay once on expiry. Starting with the daily payments as generally speaking these tend to be the more popular ones due to being less risky, you can join for a minimum deposit of $10. There are three options here, but you need only concern yourself with the first one, as the other two are priced well beyond the reach of the majority of players. The term runs for 8 calendar days and what FlitzInvestments pay you by way of interest is determined by the size of your deposit. So for anything from that $10 minimum up to a value of $4,999 you can earn 15% interest per day. By the end of the term that will add up to 120% in total. Please note that FlitzInvestments are counting your principal as part of those payments and therefore will not be returning it to you separately. What you are left with in that case is your own money back plus 20% net profit on top for yourself.
For any bigger gamblers out there looking for whatever reason to spend more than that, then for a deposit between $5,000 and $9,999 the rate is 18% per day, adding up to 144% by the final day or 44% profit. And just for your information anyone depositing from $10,000 to the maximum allowed by FlitzInvestments of $50,000 is being offered 21% per day, amounting to 168% in total or 68% profit. I have to say that while neither of these two options might sound sustainable (given the term is only eight calendar days) I don’t think it really matters as they are unlikely to get much attention. The first option however with the 20% profit could well turn out to be an easy little earner for a couple of cycles as has been seen many many times in the HYIP industry in the past.
But that’s not all to FlitzInvestments, because they have an on expiry section of plans as well. They carry a greater risk that the daily plans, but I can’t really recommend joining them. I’ll give you the details first and explain why then. You can still join for the same $10 minimum, and the term stretches to 11 calendar days this time. For a deposit between the $10 minimum and $4,999 FlitzInvestments offer a one time payment of 160% on expiry. This payment includes your original deposit so it’s your own money back plus 60% net profit for yourself.
For the bigger spenders a deposit from $5,000 up to $9,999 comes with the offer of a 185% on expiry payout, and FlitzInvestments offer 210% on expiry for deposits from $10,000 up to $50,000.
So what’s wrong with that I hear you ask. Well, nothing really but it’s just that on a profit per day basis the on expiry plans actually bring in a smaller average profit for every day of your investment. Given that these plans are decidedly more risky I would think that needs to be the other way around, right? For example, a $100 deposit in the 8 day plan gets you $15 per day. $100 in the 11 day plan gets you $160 in total, which works out at an average of $14.54 for every day that FlitzInvestments are in possession of your money. Yes, I am aware that the final return is bigger in purely numeric terms, but my point is I don’t feel it justifies the risk. However if you see things differently then feel free to leave a comment. I’m just offering a suggestion and you can take or leave it any way you like.
As for the payment options, there’s room for improvement I suppose but to be fair I doubt many investors would complain. It’s a fair enough choice that includes LibertyReserve, PerfectMoney, and Payza. The first feature we come to about FlitzInvestments that sets them apart from the rest of the industry is the payout schedule. Payments are made (manually by the admin I assume) without any need for you to request it. In fact there isn’t even a member’s account area for you to log into.
When you join FlitzInvestments you simply transfer money directly from your payment processor account to theirs, and then they do the rest. You will be paid usually between a nine hour window everyday (or on expiry, depending on your plan) between 01.00AM and 10.00AM (GMT) without the need to log in and ask.
The reason for this is of course the fact that FlitzInvestments don’t run off any script in the traditional HYIP way. It has some advantages I suppose, but I guess I can understand why some folks don’t like this approach. Honestly though, having a members account area is like a “security blanket”, it guarantees you nothing and it protects you from nothing, and you should really be keeping an offline hand written record of all your transactions anyway.
Other than that the website is solid enough. You may notice a lack of SSL encryption but again the fact that there’s no script makes that a non-issue and nothing to be interested in. Hosting is on a dedicated and DDoS protected server from AntiDdos who are now established as a dependable provider and I’ve not been aware of any major problems to speak of with the programs they hosted in the past. If you have any further questions about this, the plans, your account, or any other aspect of the program then the FlitzInvestments admin can be contacted directly at the email address listed on the website.
Texts are copy/pasted from older defunct HYIPs meaning that the claims made therein are unlikely to be genuine. For the record they allude to ForEx trading, though even if original I wouldn’t believe generates those kind of returns anyway. So as is always the case with what you find in the HYIP industry, FlitzInvestments carries a high risk no refund activity, so limit your spending to what you can comfortably do without, and try to keep them as a smaller part of a wider more diverse portfolio.
DAILY NEWS FROM THE INDUSTRY
ROYALTY7 – PROBLEM STATUS ON MNO EXPLAINED
It’s obvious the Royalty7 situation is on everybody’s mind today. There’s a lot of unrest now, and the delays with the payouts that started yesterday made many readers unhappy that I didn’t move them to Problem status even sooner. To tell you the truth, I myself clearly saw the unprocessed pending payouts in Royalty7 last night which was definitely a very disturbing sign. However, I am aware that as being the most widely read investment blog online I have to be careful how I phrase certain things. This is because it might create panic among some investors who will later blame me for their losing money. So I tried to keep it calm and wait a while before the required 48 business hours expire before taking any action on Royalty7. Still many investors persuaded me that there was something really suspicious happening with their accounts in Royalty7 and that their withdrawal requests not only were not paid but were actually canceled with the money returned to their accounts. As this is an old scam technique it made me take immediate action against Royalty7 the admin of which is obviously very skilled and is trying to conceal the traces of selective payouts to huge monitors like MNO.
Later on it appears I was right all along when I received the following email from the admin of Royalty7 Michael. I will re-post it below first before making any comments:
“Hi Paul
SolidTrustPay has yet to fix the API problem, and LR payments are still going slowly.
The pile of requests keeps building up and that’s why our mail server crashed from it.
However, we aim to get on top of things way before, so please don’t draw more panic.
We are on it, and still this timeframe is by far not a ‘Delay’ from our withdrawal policy.
Please bear in mind that we have stated 48 business hours (that could take a week).
We are going to release some news today to calm the members who are still waiting.
I hope you understand, but if you have any further questions or requests, we are here.
Good luck with your promotion.
Thank you & best wishes.
Admin, Michael Solomon.
Royalty7 Team”.
That was really an excellent explanation. So, I must keep Royalty7 on Paying status and help the admin to collect more money before his disappearance and he will be just feed us with his promises and pretend that he’s working really hard to process withdrawals. For some weird reason there was no explanation of canceled withdrawals in his email and he failed to explain why other big programs like NewGNi are still paying to STP with no problems. In addition, I leanrt that Royalty7 obviously being a real entity with real employees and real office and the warning posted by Isle of Man authorities about Royalty7 being an obvious ponzi (click this link to read it) means nothing. 48 business hours according to Michael is now seven days when it used to be two excluding Saturday and Sunday. It’s very convenient to change the calculations anytime you like and try to extend the lifetime of your ponzi by making some stupid excuses nobody would believe. For me it’s more than obvious that Royalty7 is going down the drain and it will stay on Problem status with MNO as a program not fulfilling its promises and delaying the payouts to some of its members while canceling them for others. This is not going to be tolerated on MNO and everyone (even a person who is still getting paid by Royalty7) is advised against re-depositing in the program. Once the panic starts and the admin applies the stalling tactics the days of the program are numbered, trust me!
RAZORPAY – MOVED TO PROBLEM STATUS
RazorPay is the second program moved to Problem status on MNO tonight. The program didn’t manage to recover from a problem over the weekend when many members didn’t see the regular profits in their accounts. Unfortunately the admin has stopped replying to tickets and paying pending withdrawals today and I can definitely say that the program has scammed now. Despite high expectations of investors and a huge advertising campaign RazorPay failed to impress, hardly lasting for two full 8 day cycles and not even finishing the longer term 20 day one. I have no idea why it happened, and I doubt very much that the admin himself intended to bury his project so early, otherwise how can we explain multiple banner purchases on MNO and other forums and monitors for quite a long term? Anyway, everything has been wasted now and RazorPay turned is a total disappointment.
WACOMARK – LATEST NEWS AND UPDATES
Just minutes after I published the latest news issue on MNO last night I received yet another newsletter from Wacomark which is really becoming one of the most popular programs now paying on the only investment plan of 10% for 20 days. Although Wacomark (reviewed here) has been on MNO for eight days it managed to get into the Top 10 most popular programs on my Premium list and is growing every day. In a couple of days we should see the first investors in profit so I firmly believe it can boost its popularity even further.
The admin of Wacomark Bobby also keeps sending regular emails to inform members of all the changes and answer all the common questions. In this update for instance, Bobby mentions the need to have all your payment processor accounts in place for him to process your withdrawal requests without any delays. He also reminded that Wacomark pays on every calendar day and one should allow a maximum of 24 hours to be paid. Deposits in Wacomark via Payza are still accepted in manual mode and the admin sent instructions on how to use it properly. All other accepted processors – SolidTrustPay, LibertyReserve and PerfectMoney – are automated and there is no need to submit any other information after making them. Here’s the latest newsletter from Wacomark in full:
“Wacomark Notes and Updates
Hello Waco Members!!
In Today’s newsletter i will tackle very important notes about your Wacomark account.
1. If your WD request has been cancelled, it means your E-currency Account is not set up properly, your STP email is not your STP ACCOUNT NAME.
2. Friendly Remainder, You are responsible for your account security. For all those people that asking us to change their E-currency Account Details, will not be entertained for security of everyone account. You can change your Details via your account panel in edit account tab.
3. For those people that asking if were paying during Weekends, Yes we are, You are credited with your daily 10% interest Monday to Sunday.
4. For those people that asking how long they will get paid, All payments are done within 10Minutes – 24 hours.
That’s all for now. Thank You for reading
Investing in Payza? you can do it Manually!
1. Send your deposit in our PAYZA account wacomark@ymail.com
2. Send email to wacomark@gmail.com with the details.
Please follow this format:
USERNAME:
AMOUNT:
REFERENCE NUMBER:
Getting paid by waco?
Posting payment proofs will help us grow!
http://www.moneymakergroup.com/wacomark-Wacomarkcom-t411099.html
http://www.talkgold.com/forum/r361436-.html
http://www.dreamteammoney.com/index.php?showtopic=151855
Dot forget to vote for us in the most popular HYIP investment monitor!
http://money-news-online.com/monitoring/mno/pro.php?details=230
Thank you and have a nice day everyone!
Wacomark Team”.
ORBITSPAY – MANUAL DEPOSITS BY STP AND PAYZA
OrbitsPay which is due to be reviewed on MNO tomorrow, looks like even without the review the program is growing just fine with over 1,600 members over the first four days online. Many investors like the style of investment plan – 10% for 20 days and 225% after 15 days – and the wide variety of payment processors including Payza, SolidTrustPay, LibertyReserve and PerfectMoney. Please note that deposits via Payza have always been manual in OrbitsPay so you need to contact the admin after making the deposit and confirm the payment and your chosen plan. Until today, SolidTrustPay deposits were automatic as well, but for some reason they are not credited instantly anymore. I received many complaints from my referrals in OrbitsPay looking for my assistance due to this, which they all got of course. However until the issue is fixed please contact the admin if your deposit is not credited, and if you’re my referral in OrbitsPay you can also contact me for any assistance. And the last but not least important point in the newsletter is the minimum payout which is set now at $5. It’s not a huge amount I guess and will save the admin time and effort processing tiny amounts, especially considering the work load imposed by the necessity to add STP and Payza deposits manually. Here is the latest important update from OrbitsPay admin Wendy:
“Very Important OrbitsPay Admin News Update!!
I wish to welcome all our esteem members who have joined OrbitsPay since we got started.
OrbitsPay is growing at breck-neck speed with already over 1629+ members in less than 4 days ! No doubt, this is quite an impressive start.
Yes, we’ve met some few challenges since we got started. For some reasons STP deposits is no longer automated. I have contacted the script providers and we are yet to hear from them.
But as soon as they contact us, I am optimistic that shall be resolved.
But in the meantime, we manually process all STP and Payza deposits and this can be very time consuming as well as leaving us with the possibility of missing some upgrades.
Please if you do not see your upgrade after 12hrs, do contact us with email subject:
Missing Upgrades!
DO Add your username and payment receipt and we shall upgrade your account.
I wish to reinforce that we are doing our absolute best to satisfy our members and we wont stop as we are completely committed to serve you and everyone you have referred to OrbitsPay.
Withdrawals!
Cashout request are been fulfilled twice or trice daily until the dust settles down.
We have set minimum withdrawals to $5.00 per payment processor so should you have above $5.00 in your account balance, you can cashout anytime.
Payza Upgrades:
All those who wish to deposit using payza!!
To make a deposit using Payza, you have to login into your payza account and manually send funds to our Payza account: >> orbitspay@gmail.com and on the memo , please add your account username, your preferred plan and we shall credit your account accordingly.
We thank you all for your co-operation as we continue to work hard to take OrbitsPay into another level of excellence.
My Finest regards, Wendy
OrbitsPay Admin.”
PROFITHALL – MNO REVIEW ANNOUNCEMENT
Just hours after the review of ProfitHall was published on MNO blog last night (click here to read it) the program’s admin also announced it publicly and sent the link to all the members in his newsletter:
“MNO review
Hi dear members.
please to inform you
blog Money News Online published a review about profit-hall
plz read – http://money-news-online.com/blog/2012/06/26/25062012-profithall-review-and-daily-news-from-the-industry/
Thanks!!”
I would like to remind you that ProfitHall is an ultra short-term program paying via LibertyReserve and PerfectMoney on the following plans – 105%-130% after 1 day, 143%-300% after 7 days, 165%-700% after 10 days, 235%-1000% after 18 days, 300%-2000% after 28 days, and 500%-5000% after 40 days. ProfitHall only launched a few days ago, and has great potential to grow further.
HYEARN – PAYZA ANNOUNCEMENT AND SHORT DOWNTIME ISSUE
The admin of HYEarn (reviewed here) is working tirelessly to process faster payouts on their 1% to 17% for 17 days plan not forgetting to update members almost daily on the project’s development. As he promised earlier he’s currently working on the addition of Payza as a third payment processor which will be a very welcome addition to the existing LibertyReserve and PerfectMoney. That should be finished within the next couple of days and I’m sure Alfie will let us all know when it happens. I also sent him some questions for an interview on MNO and will publish it as soon as he answers. The short downtime was also mentioned in the latest newsletter issued by HYEarn today and if you want to know more details please read the following till the end:
“HYEarn NewsLetter #3
Dear HYEarn members,
Hope you have had a great start this week.
This newsletter brings some good news, particularly for Payza users who have been contacting us for the inclusion of Payza as an investing option in our program. Pur management is in the final stages of the process to adding this processor and it should be completed in a day or two. Keep an eye on our website for further updates in this regard.
On the other side, we have sensed some minor interference in our servers that our technical staff noticed and had to upgrade the firewall protection in our servers today. Some of you may have noticed that the website was either a little slower or down for a few minutes earlier today. Well, everything is perfect and working fine now.
Our support team would be glad to help you if you have any issues regarding our program.
Regards, Alfie. HYEarn.”
INTRODUCTION OF GLOBALOILFUND
It looks that the style of program coming to MNO totally changed within the last couple of weeks and the trend is shifting towards shorter term programs now. The latest addition to my Premium listing today is GlobalOilFund which has been online and paying for 19 days already. It’s running on a script very similar to GoldCoders but actually a different version modified for more security which you can see by logging into your account there. GlobalOilFund has been recently moved to a more powerful dedicated and DDoS protected server and SSL encryption is also available for anyone looking to join. Plans include 105%-125% after 1 day, 55%-70% for 2 days, 130%-300% after 5 days, 180%-475% after 10 days, 300%-800% after 20 days, 500%-1300% after 30 days. There is a wide choice of payment processors accepted, but with a twist. Deposits via LibertyReserve and PerfectMoney are accepted in automated mode and will be credited immediately after depositing, while deposits made via Payza and Bitcoin (an unknown to me payment processor also accepted by the program) will be accepted in manual mode but you will be given the necessary instructions on how better to do that from your internal account in GlobalOilFund on its deposit page. The minimum to deposit in each plan is only $5, so the program is affordable to all. Withdrawals should be requested and should be paid within 24-48 hours timeframe. My first ref commissions were paid by GlobalOilFund already so I have moved it to Paying status on MNO already and look forward to reviewing it properly on Thursday. Stay tuned for that, guys!
GET PAID REPORT FOR 26/06/2012
Here is the list of the programs from my monitor that paid me for the last 24 hours:
From MNO Sticky list: FlitzInvestments, HYEarn, EWFund.
From MNO Premium list: NewGNi, ENR-G, OneInv, SilverStructure, EurexTrade, ProfitableSunrise, FelminaAlliance, BensonUnion, InvestForia, Wacomark, DividendService, MetalROI, PlexCapital, PrimeXCash, HighBornFinance, ProfitHall, KISnP, OrbitsPay, InvestConcept, Ivecon, GlobalOilFund (the first payment received).
From MNO Standard list: UFOWin.
From MNO Basic list: HedgeCapital.
That’s all the news I have today. Don’t forget to check out my blog tomorrow for more latest news from the HYIP industry and the full review of OrbitsPay. See you all then!
Filed under Daily News, Reviews by on Jun 27th, 2012.