29/09/2012. BinarySuccess Review and Daily News from the Industry

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

Hello everyone! Hope the weekend’s been good for you so far. There’s a good bit of news to catch up with today, even though it’s Saturday and a lot of the programs I monitor take the day off. But even despite the weekend the fact is that there’s no shortage of short, medium, and long term HYIPs springing up all the time now so there’s enough to keep us all occupied anyway. One of those new programs is called BinarySuccess, a high risk high ROI program that just launched a couple of days ago and yet another site that will have a familiar appearance to fans of the game.

BinarySuccess has six plans to choose from, and is normally the case with programs like this some are reasonably priced and can easily make a modest profit for experienced players who know how to “work the system” as it were. There’s a couple of others best left to one side as they are unlikely to yield much more than an easy couple of bucks for the admin. Admittedly they all carry some degree of risk some plans carry a much better chance of getting paid than others as we shall see.

So to start with the first plan runs for a term of just 1 single day and makes one interest payment on expiry, a payment that includes your principal. So join today and get paid tomorrow. The minimum cost of joining is $10 and for anything up to a deposit of $500 BinarySuccess offer a return of 105%, or 5% profit. You may make a larger deposit if you can afford to, and expect a higher percentage in return. The rates are calculated as follows:
Deposits of $500 to $1000 will earn 107%, from $1001 to $3,000 will earn 118%, and from $3,001 to $5,000 will earn 124%. Check the BinarySuccess members area for information on larger investments if interested.

The second plan runs for a term of 3 calendar days and also pays on expiry. The same $10 minimum deposit is required to join and for anything up to $500 BinarySuccess are paying back 120% interest, a figure that includes your principal so that’s 20% profit for yourself. For anyone brave enough to go further than that then the following rates are offered:
135% for deposits between $501 and $1,500, 170% for anything between $1,501 and $3,000, and 200% for $3,001 up to $5,000. For the rates available to bigger deposits I suggest you see the BinarySuccess members area.

BinarySuccess‘s next plan pays on expiry after a term of 5 calendar days and costs $10 to join. Your final payment will also include your principal. The minimum cost of joining is $10 and the return will be 190% on anything up to a maximum value of $500. If you’re feeling lucky and wish to take a bigger risk then BinarySuccess make the following offers:
Spend from $501 to $1,500 and earn 240%, from $1,501 to $3,000 and earn 280%, and from $3,001 to $5,000 for an offer of 285%. Again check out your BinarySuccess members area to see what they offer to investments bigger than that.

As you can see the plans get more and more risky as the terms get longer. So it’s time to maybe start considering how realistic these figures are before getting too excited at the enormous rates available. But at least you can still join for a minimum spend of $10 and for BinarySuccess‘s fourth investment plan which runs for a 7 calendar day term that can supposedly earn you 320% interest, paid on expiry and principal included, if depositing up to $500. Beyond that the rates are:
360% for $501 to $1,500, and 380% for $1,501 to $5,000. Larger investments are accepted (obviously!) so for information there see the BinarySuccess members area.

Next up is a plan that’s perhaps best avoided (some might say the same for the previous plan as well, but anyway). It runs for 15 calendar days and pays once on expiry. The minimum deposit is $10 and for anything up to $500 the rate being offered is 625%. Higher rates include:
740% for $501 to $1,000, and 820% for $1,001 to $5,000. And if all that doesn’t sound unfeasible enough then check out the BinarySuccess members area for even more outlandish figures.

BinarySuccess‘s final plan is something I’ll just mention briefly for a combination of information and amusement reasons. For a $10 minimum investment (though I think minimum “donation” might be a more suitable word) up to a maximum of $500 they offer one single payment of 1750% after 30 calendar days. It may as well be a billion percent as far as I’m concerned because it ain’t gonna happen, though I hope it doesn’t distract you too much from let’s say the one day plan which may actually put some of you in profit while the program manages to survive. Other rates for larger deposits include:
1820% on $501 to $3,000, and 1900% on $3,001 to $5,000. See your BinarySuccess members area for rates on amounts larger than that.

Payment options are pretty good for a program like this, and all the popular processors are listed. BinarySuccess accept SolidTrustPay, EgoPay, LibertyReserve, and PerfectMoney. Payments are not instant and will have to be requested from inside your members area. Once you’ve done this the admin then requires a maximum of 24 hours to make sure all transactions are successfully completed, though I have to say that while the program is still new and the workload not that great my own payments have been quite fast.

If the BinarySuccess investment plans remind you of so many other programs over the last couple of years then so too will the design. The program runs off a licensed GoldCoders script which most will spot instantly anyway, and is also SSL secured by Comodo to give safer transactions. Hosting is provided by Koddos who are keeping BinarySuccess on a dedicated server. If you have any further questions or just want to make some suggestions to the admin then the only point of contact with him is by filling out the e-mail ticketing form on the contacts page.

At this stage there’s probably very few of you actually expecting to find some kind of business plan in operation behind BinarySuccess. It would be naïve of anyone to believe it if it were there anyway so I’m glad they’ve skipped it. The texts merely invite you to join and say they’ll reward you if you do. And they will, only not indefinitely. There’s been a lot of HYIPs like this in the recent past and in all fairness considering the huge rates they offer some of them haven’t been all that bad, but not forgetting that none of them can sustain themselves forever you need to act accordingly, take advantage of it at the right time, use BinarySuccess only as a smaller part of a wider investment portfolio, and always always stay within sensible and affordable spending limits. Some of their plans can make you money (for a certain length of time though I can’t tell you how long) and some will do absolutely nothing except make money for the BinarySuccess admin. All I can say is to let your own common sense guide you in what’s worth a gamble and what’s not. I don’t believe any of you are stupid so I’m not going to treat you like you are. You don’t need me to tell you a return of 2000% is not going to be paid out here under any circumstances, but something like 105% after one day could potentially roll along nicely for a while yet. Anyway, it’s your money, these are the basic facts about BinarySuccess, do what you like with the info.

DAILY NEWS FROM THE INDUSTRY

ROINVEST – SOLIDTRUSTPAY ADDED!

As part of their gradual growth strategy the admin of ROInvest Craig announced today that SolidTrustPay had become the third payment processor (after PerfectMoney and EgoPay) accepted now. Plans offered by the program and discussed in my review published here include 1.7%-2.7% for 50 business days (principal back) and 3.5%-4.5% for 50 business days (principal included). I can confirm that payouts to SolidTrustPay are processed instantly as promised as I already got my first referral commissions paid to my STP account. In three days from now the next payment option of LibertyReserve will be included too when payouts to LR, PM and STP will be processed instantly while EgoPay payouts will be done manually within 24 hours. The clock on the site of ROInvest is now counting down the time left till LR is added, and I’m looking forward what other marketing tricks Craig has up his sleeve to attract the attention of the spoiled for choice HYIP audience. Here’s the latest newsletter from ROInvest:

“ROI – STP added
Dear ROInvest members,
The big guns are out. STP is now added to our website, you are free to deposit, make sure you put your STP information in your back office.
STP withdrawals will be AUTOMATIC (Just like PM and soon to be added LR) EGOPAY withdrawals are of course manual.
LR will be the last PP to be added, tomorrow we will reset the clock for just under 3 days. Then after those 3 days LR will be added. That will spell the last and final use of are very much loved CLOCK, for the time being anyway.
ROInvest is indeed shining a bright light on the hyip industry. With our strict plans and promotion strategy. We will slowly add key monitors and banners and continue growing at a slow pace, in doing so we will be able to maintain steady growth of ROInvest and be a stable and secure site for a very long time.
NOTE: We do not pay profit on weekends as stated on our site, we do however process any withdrawals on weekends.
Another news letter will be sent out when LR is added.
Admin”.

BENSONUNION – PAYING OR NOT?

I was wondering what caused the recent issues with the withdrawals in BensonUnion (reviewed here). My last request which I made to LibertyReserve two days ago was not processed properly, but the pending withdrawals are still showing zero. The most alarming thing is not this (because it might be just a glitch) but the fact that the support of the program usually being pretty fast in replying to my tickets halted and never responded, although it’s been over 24 hours since I submitted my question to them. One of my readers reported to me also that the return of his principal in BensonUnion is delayed too, therefore we could suspect some kind of cashflow issues in the program possibly caused by massive principal withdrawals and no reinvestments. I must say that the admin of BensonUnion Ragnar (interviewed here) made a lot of effort recently in order to maintain interest to this already aging program, but surely such delays and irresponsiveness will cause BensonUnion problems in the future even if it’s not giving a strong signal of the cashflow problems already. Anyway, I would like to get some clarification from the admin regarding this and had to move BensonUnion to Waiting status on MNO until it’s fully clarified and explained. For now, I would not recommend to invest in BensonUnion. I will keep you updated, but if by Monday I’m not getting paid or hearing from the administration I will have to move the program to Problem status. Let’s hope for the best and keep our fingers crossed anyway!

YACHTWEALTHCLUB – REFUNDED TO MORE MNO REFERRALS

Today I was pleasantly surprised to get some feedback from the admin of the now defunct YachtWealthClub who was so kind as to issue refunds to a few more referrals of MNO which I asked him about. Today two more people contacted me and while I can’t promise they will enjoy the same positive outcome for their pending withdrawals I will do my best in order to help them out in this. Those referrals who were in my downline in YachtWealthClub and contacted me prior to that have already confirmed they received their funds and thanked me sincerely for the assistance provided.

I’m glad that I was able to help people out but please note that according to my new rules posted on the Contact Page only my direct referrals in any program will get my full attention to their issues and assistance with communications with HYIP admins if other channels have been exhausted. That might bring some positive results and might not, but you should always be sure that by joining via MNO links in any program you can get more support for your investments that money can’t buy. I think it’s only fair to limit my time and dedicate it only to people that support my work and MNO by joining via my referral links and I feel it’s kind of a a waste of time to spend it on others who are sometimes very hostile to me and my work in the first place. The support should be mutual and if you join under someone else you should seek assistance from your direct upline, however, would it be so beneficial for your money to be “assured” by some unknown person, or MNO blog that is the biggest blog and one of the biggest monitors online? Of course, it’s up to you to weigh up the pros and cons and decide what’s the better strategy, but I feel it’s necessary to say it again – investing under MNO links have its own perks and benefits others can’t offer, so remember that next time, guys!

SINGLESTEPINVESTMENT – MOVED TO SCAM DUE TO SELECTIVE PAYOUTS

As I said in the previous piece the protection of my referral’s funds in any program listed on MNO is of paramount importance to me. That’s why I was unpleasantly surprised today when I received a complaint from a referral in SingleStepInvestment telling me his account there was blocked for an unknown reason. It appeared he requested his withdrawal to PerfectMoney, but instead of paying him the sneaky admin just canceled his withdrawal request (twice!). So when my referral tried to look for an explanation on the program’s Live chat the admin instead of paying him just blocked his account, apparently to hide this incident from the eyes of monitors, if there are still monitors who actually care apart from MNO. This behavior will not be tolerated on MNO so I moved the program to Scam status straight after the admin confirmed that the poor guy was not paid but instead of feeling guilty and trying to restore parity by paying what he owes, he tried to threaten me, and even declared a war on MNO, lol.

Anyway, I could care less about what some ponzi scam like SingleStepInvestment has to say, because I’m right, he’s wrong, and everyone knows it. You cannot treat people like this blocking the accounts simply because they are asking about their own money. The program can pay to anyone else now but I doubt that any of the current investors would like to see their accounts blocked because the admin of SingleStepInvestment just doesn’t happen to be in the mood to pay them. I hope he will do the right thing and pay to my referral, but bad publicity caused by his own stupidity will only lead to its collapse pretty soon. But I can tell you from experience that once selective payments start they spread throughout the program very very quickly. Congratulations if you yourself are still getting paid, I hope you do well from it, but trust me on this you’re turn is coming eventually.

The admin can keep passing all the excuses he wants, blaming MNO for some “betrayal”, but he’s the one running out of cash and he’s the one not paying his members what they are owed. And by the way, I’m not here to make friends with HYIP admins no matter how much money they pay me. I provide them with a monitoring service and list them as Paying as long as ALL my readers are getting paid. Paying selectively and deleting accounts is simply not enough to maintain a good standing on MNO and Paying status, so any HYIP admin who doesn’t like it can go somewhere else – there are hundreds of monitors that won’t do a damn thing if their downline is not getting paid. SingleStepInvestment admin, I suggest you stick with them next time. Any selective payouts will be always named and shamed on MNO and the programs making them will be moved straight to scam from now on! If that’s what constitutes “cheating and blackmailing” as the admin of SingleStepInvestment called it then so be it, but I would describe cheating and blackmailing as trying to avoid paying to your members and then cowardly giving them an ultimatum to delete their totally justified posts from public forums where scams like SingleStepInvestment are so afraid of being exposed. I’m not afraid to do it and if anyone wishes to see my email exchange with the admin which led to moving the program to Scam status on MNO today please email me through the contact page and I will forward you this exchange. For now the topic is closed and I will not return to it anymore. SingleStepInvestment has been moved to Scam status due to confirmed selective payouts. That is all.

INTRODUCTION OF PERFECTFINANCE

Another program just launched today has joined MNO’s Premium Listing – PerfectFinance. The admin also purchased a banner on MNO blog for a month and discussed it with me even a few days before launching his program, so I was fully prepared when he finally contacted me today and told me everything was ready for the launch. At first glance the site really looks well planned and organized. There’s a lot of useful information on their FAQ and Get Started pages proving that the admin is not using a generic GoldCoders template, but modified its licensed version to his requirements which is always a pleasure to see. All the popular payment options are accepted like LibertyReserve, PerfectMoney, SolidTrustPay or EgoPay. The minimum spend starts from $10 and depending on how much you spend PerfectFinance pay from 2.7% to 3% for the duration of 60 calendar days. Withdrawals to LibertyReserve and PerfectMoney are processed instantly (which is a big advantage) while those to STP and EP will be done by the admin manually and can take up to 24 hours. After that your principal gets returned. As in the most of the programs running on GoldCoders script compounding in PerfectFinance is also allowed and so you can determine what percentage you would like to compound in order to achieve bigger profits (the admin actually gives you some examples on how to do this in detail). As for the security there are no obvious flaws detected at first glance as the site of PerfectFinance is properly SSL-secured by Comodo and is running on a dedicated server with AntiDDos protection which is a really good choice for well-planned programs like this. The admin even issued a newsletter welcoming the first members of PerfectFinance which you can read below (more on the program to come soon in a more detailed review):

“Welcome to PERFECT FINANCE!
We are pleased to welcome you to the PERFECT FINANCE LIMITED investment program. We are now ready to accept new investors from all over the world into our investment group. For more details about PerfectFinance and its strategies, please refer to our web pages and if you have questions, don’t hesitate to contact our support department who will be pleased to answer you and guide you trough the process of becoming a part of our group.
Our website is hosted on a top-notch dedicated server with SSL encryption and a powerful DDoS attack protection. You can invest at PerfectFinance via LibertyReserve, PerfectFinance, EgoPay or SolidTrustPay e-currencies. Investing with us starts as low as 10 USD.
We will be happy to serve you!
PerfectFinance Administration”.

GET PAID REPORT FOR 29/09/2012

Here is the list of the programs from my monitor that paid me for the last 24 hours:
From MNO Sticky list: TheMoneyGalaxy, IntraFunds.
From MNO Premium list: Finvance, RightFive, EurexTrade,  TheBig5, FelminaAlliance, PlexCapital, Bull&BearCapital, BinarySuccess, PipsFund, AtlanticVision, RoyalUnion, JustTripler, ROInvest, ProsperaNova, OdoFx, CEmobility (the first payments received).
From MNO Standard list: UFOWin, Alconoil, Hero10.
From MNO Basic list: AoGo, CheeseCash, BeeGold, HippoWin.

That’s about it for this not so quiet Saturday night. Hope you enjoyed reading, and if so then don’t hesitate to come back tomorrow for a detailed review of Hero10 and more daily news from the HYIP industry. See you soon, guys!