Beware! BYW30 has stopped paying! Do not invest there! 

Hello everyone! Before this evening’s news update I want to look at an unusually named HYIP called BYB30 that’s just been added to my monitoring page’s Standard Listing after launching about two days ago or so. The letters stand for “Broaden Your Wallet” (I’m guessing the 30 means 30%) and they offer an odd mix of short, medium, and long term HYI plans. Unfortunately that’s rarely a successful mix in this business and I’d struggle to name another program to really make it big with something like what BYW30 are offering here. But let’s take a closer look at them and their other features as well and see if there’s anything there you might be prepared to take a risk on.

Starting with the short term plan, it runs for 4 calendar days and can be joined for a minimum of $10. BYW30 make daily interest payments based on the size of your principal, which regardless of how big is included with the payments. So for anything up to a top level of $250 the daily return is 26%. That leaves you with a final profit of 4% at the end.
For larger deposits the rate goes up, with BYW30 offering 26.5% daily on amounts between $251 and $500 (6% profit), 27% daily for amounts between $501 and $1,500 (8% profit), and 28% daily for amounts starting from $1,501 up to $2,000 (12% profit). Higher rates are available up to 30% but in order to avail of that you’d have to spend an amount of money that’s really not advisable. Though I hope anyone who can afford it is smart enough not to throw it away so easily. Top deposit is $25,000.

For BYW30‘s second plan the term stretches to a more medium term 30 calendar days, during which you are again offered daily interest payments. Minimum deposit goes up to $50 however which is enough to put off a good number of investors all by itself, even if they don’t all think it’s a lot of money. BYW30‘s rates start at 5% per day on deposits up to $249, and will include your principal as part of them. That means your final return of 150% if your own money plus 50% profit.
For bigger deposits than that rates go up to 6% per day on $250 to $499, 7% per day on $500 to $999, and 8% per day on amounts from $1,000 up to the maximum allowed $100,000.

And finally the long term plan runs for 150 calendar days, making daily interest payments on all deposits between a $10 minimum up to $25,000. The rate is 1.5% per day and that includes your principal so the total earning (assuming BYW30 are still around for anything even close to that amount of time!) would be 225%, or 125% profit.

Things do improve a little with the payment options, but to be fair just about every new program coming on the market is going to list all the main processors anyway. Very few are getting away with just LibertyReserve and PerfectMoney anymore, most will have EgoPay and SolidTrustPay listed there too, and BYW30 have all four. Payouts are made manually by the admin and so will need to be requested from inside your BYW30 private members area. Once done you are then asked to allow a maximum of 48 hours for all transactions to be completed.

I have to say apart from being a little dubious about the investment plans, what leaves BYW30 down even more is the design and security aspects. It just all looks a bit amateurish or somehow unfinished. Very careless and clumsy really, with missing links all over and even things like a ratings page which contains no monitors doesn’t do the program any favors. Especially not in such a competitive business where there are better organized programs just about everywhere you look. Granted some things are fairly average and up to a certain minimum standard like the script which is at least licensed (from GoldCoders) and the website does have an SSL connection. Hosting is on a dedicated server from CloudFlare, and to be blunt their recent track record has been nothing to be proud of. Maybe they can turn things around, I don’t know, but my knowledge of them recently would suggest that they’re really not cut out for the aggressive nature of the HYIP industry where DDoS attacks fly around with a lot more impunity than in the real business world due to the questionable legal status of “the victim” making it all but impossible for them to do anything about it. Otherwise for any further questions for the admin or account related issues you can get in touch with BYW30 either by filling in your details on the online ticketing support form or, if the admin is online, but trying the Live Chat feature.

The only wallet getting fat from this one is likely to be the one belonging to the BYW30 I’m afraid, as it’s very very difficult to see anything worth gambling on other than the very first (cheapest) option in the shortest term plan. It’s not all that profitable but your chances of seeing it are far bigger that by joining any of the other BYW30 plans. As for the content and alleged business activities of the program, there’s only two short sentences making a very unconvincing reference to the HYIP admin’s favorite line, ForEx trading. However short as it is even that’s been copy pasted from older HYIPs, so you know full well that anything you spend on BYW30 is not an investment but a total gamble. To be fair that’s no less true of most things in the HYIP industry though, so just treat this one just the same. It’s entirely up to you what you believe about any site you choose to join, but I will as always finish with a suggestion that you stay well within your means when deciding how much to risk with BYW30, and if you do insist on joining then try to keep them as a smaller part of a wider more diverse portfolio.

DAILY NEWS FROM THE INDUSTRY

FINVANCE – STP PAYOUT DELAYS

The admin of Finvance Mark (interviewed here) asked members to show some patience once more as just last night when he was about to process the pending payouts to SolidTrustPay the site went down and a system glitch caused some problems in completing withdrawals. As Mark said in today’s update, due to SolidTrustPay issues the payouts to them could take longer than usual while all LibertyReserve, PerfectMoney and EgoPay payouts are fine. Anyway, even in the FAQ it’s specified that payouts to STP can take up to 48 while payouts to other processors should be done within 24. My advice is if you want to get paid faster from Finvance will be to exchange your STP balance to another payment processor using the internal exchange service and get paid to LR, PM or EP. Mark thanks everyone for their patience in today’s newsletter and promises not to let anyone down:

“Finvance Payouts
Thank you investors for your patience yesterday with our server optimizations to provide a better experience for our radical growth. We immediately processed pending Liberty Reserve, PerfectMoney and EgoPay payouts. SolidTrustPay unfortunately was down for several hours after we attempted making SolidTrustPay payouts. We are currently processing them, but please be patient with us as we lost valuable time while they were down. Though as always, we offer exchanges to all e-currencies free of charge, so you may always exchange your SolidTrustPay earnings into another e-currency. To use the link to exchange you must be logged in at the time you access this link: https://finvance.com/ex.php
Mark. Finvance.”

Personally I believe that Mark is handling the explosive growth of Finvance pretty well and I must say I was kinda doubtful yesterday when I found out about the server optimization works on the website. However after the payouts from their 8% for 20 business days plan resumed after a break I was convinced the program is here to stay. I hope the members will support Finvance (reviewed here) and hope that with that support Mark will be able to run it for a longer time.

ROINVEST – ANOTHER NEWSLETTER ISSUED

I myself didn’t quite notice any significant growth in participation in ROInvest but it looks like the program’s admin (interviewed here) thinks otherwise. He issued a newsletter last night commemorating reaching the 2,000 members mark. ROInvest embarked on its journey about 20 days ago when the program launched with a totally different concept of nurturing gradual growth by adding different e-currencies and increasing the deposit limits little by little. The latest expansion of the program was the main subject of their latest newsletter. I remind you that ROInvest pays on various investment plans analyzed in my original review published here – 1.7%-2.7% for 50 business days (principal back), and 3.5%-4.5% for 50 business days (principal included). I wish ROInvest every success and for all the latest news please see below:

“ROInvest is growing
Dear ROInvest members,
It’s been a great week for ROInvest and for it’s members.
The hard work and slow growth start is paying off, and ROInvest is expanding and growing as expected and more.
We are almost at the 2000 member mark already, although less than half have deposited it is great to see people watching ROInvest and keeping an eye on us as we grow.
The limit of $750 per deposit for STP has now been taken away and you can invest with LR free from any limits.
NOTE: the odd STP, LR and PM withdrawal is ending up having to be done manually, do not fear it is only around 10 daily that don’t get done instant, and we are very fast at doing them anyway.
To help get you involved with ROInvest‘s progress and this great journey upwards here is some information about us, that will no doubt show you how we are progressing, these stats may appear small compared to others, but in the coming months we will grow to an amazing level with stats rivaling that of bigger programs:
Alexa rank: http://www.alexa.com/siteinfo/rawopportuneinvestments.com#
Daily traffic watch: http://www.hyipexplorer.com/webmasters/www/
Monitors: http://allmonitors.net/hyip/rawopportuneinvestments.com/
Have a good week everyone, as always we will be in touch with anything and everything about ROInvest.
Admin – Farid”.

NUBCOYU – STRANGE EXCUSE FOR PAYOUT DELAYS

Some admins find really bizarre excuses for not processing withdrawal requests on time. I remember that I heard stories of car crashes and all sorts of exotic illnesses during my experiences with HYIPs, and the latest newsletter from Nubcoyu (reviewed here) refreshed some old memories of that. In most cases it would seen as an excuse to stop the payouts, but I believe with Nubcoyu the admin may have an excuse as he just delayed the payouts a little bit on his 1.4% for 200 business days plan but straight away sent an an apology and processed the pending payouts straight after that. There’s probably nothing to worry about for now. Here is the latest news from Nubcoyu:

“Notice Of Hospitalization
Dear Valued Investors,
I deeply apologize for such delay with withdrawals. I had a car accident 2 days ago which resulted in my hospitalization at Yamanashi Min Hospital.
I’m scheduled to be released today at 18:00 Japan’s time. I once again would like to apologize for any delays and greatly hope for your kind understandings. I will process withdrawals immediately as soon as I arrive home.
Best regards, Nubcoyu”.

PRIMEX7 – MINIMUM TO INVEST LOWERED FOR SOME PLANS

As you know currently PrimeX7 pays to SolidTrustPay, EgoPay, LibertyReserve and PerfectMoney on the following investment plans – 7% for 23 days, 157% after 7 days, 207% after 14 days, 267% after 21 days, 307% after 28 days. As during its first week online the admin managed to change one of the plans already (read the MNO review here to see the original short term plan) I was not surprised to receive another newsletter today about lowering the minimum to invest in two of the plans. That I believe is a result of nobody wanting to invest in such high risk plans for such high minimums. I firmly believe that it’s also a direct result of a bad planning in the early stages and it is not good to change the rules in mid stream. But I guess the admin of PrimeX7 has a different opinion, so here’s the latest update from him:

“Minimum Changed for better experience
We hope that you have enjoyed your time with us in PrimeX7.
In order to have our member enjoy a better experience, we have decided to decrease the minimum amount for our Progression PX7 (from $1500 to $500) & Infinitely PX7 plans (from $2500 to $800).
If you have any comment or suggestion which can help us to improve PrimeX7, please do not hesitate to send us a support ticket.
Admin”.

INTRODUCTION OF AGROFINANCE

Today I was contacted by the admin of a short term program called AgroFinance who purchased Sticky/Premium listing on MNO. They launched a couple of days ago and are a classic short term program paying on expiry and offering a huge variety of plans all paying on expiry. I’m even afraid of just mentioning them all on my blog let alone reviewing them tomorrow – 105%-125% after 1 day, 111%-160% after 2 days, 123%-235% after 4 days, 136%-325% after 6 days, 180%-570% after 12 days, 210%-750% after 16 days, 350%-1600% after 32 days, 1200%-3300% after 64 days, 500% after 3 days, 1200% after 7 days, 4700%-5000% after 72 days, 8000%-8888% after 88 days. I guess that is it! You can join AgroFinance using EgoPay, LibertyReserve and PerfectMoney. Withdrawals have to be requested from your member’s area and will be processed manually by the admin within a maximum of 24 hours. The AgroFinance website looks really nice from a designer’s point of view. It’s running off a licensed GoldCoders script, SSL-secured by Comodo and is hosted on a dedicated server by AntiDDos which also protects AgroFinance from DDoS attacks. The welcome message from the admin can be also seen on the website and you can read it below before checking out my detailed review of the program tomorrow:

“Welcome you to AgroFinance our official website.
Welcome you to AgroFinance our official website. As we have received an large number of request from our valuable existing members, We have launched our business online for giving the opportunity for our international investors to invest in our business easily from anywhere in the world. In order to understand the structure of AgroFinance and the services we are offering, we recommend all of our investors to read about our website. We do our best to meet all of our investor’s needs. We hope that you will make an great profits from our business, which will be better for you now and for your upcoming future.”

INTRODUCTION OF PROFOREXUNION

ProForexUnion is the second program to join the Premium List on MNO today, starting two weeks ago and offering several investment plans with different returns and terms of expiry – 1.2% for 20 days, 1.7% for 30 days, 1.9%-2.4% for 60 days. Compounding is allowed on all of them and the original principal is returned on expiry. The minimum to invest is $10 and accepted via SolidTrustPay, EgoPay, LibertyReserve and PerfectMoney. Note that your investment plan cannot be chosen by you in the traditional sense, and will be allocated to you according to the amount you invest. So please check carefully before making a deposit in ProForexUnion. The interest will then be credited to your account every calendar day for the duration of the term and can be withdrawn daily. ProForexUnion is running off a totally customized script and the site itself is also structured in an unusual fashion with a lot of different links and ForEx daily graphs available for those who still believe that HYIP admins can make money on ForEx. The program is properly SSL secured by Thawte and it’s hosted on an AntiDDos dedicated server with the appropriate level of protection. More on the program’s features will be in my detailed review coming soon on MNO, so stay tuned for that!

GET PAID REPORT FOR 11/10/2012

Here is the list of the programs from my monitor that paid me for the last 24 hours:
From MNO Sticky list: SiriusUnion, RoyalUnion, ForexEarn, TheMoneyGalaxy, IntraFunds, ProfitaLimited, TheMoneyGalaxy, ProsperaNova, AgroFinance (the first payment received).
From MNO Premium list: NewGNi, Finvance, RightFive, ProfitableSunrise, EurexTrade, FelminaAlliance, UniversalFinance, SkyCrown, PerfectFinance, PipsFund, ROInvest, MonetaryClub, BensonUnion, DiamondAsset, OdoFx, AWTC, Nubcoyu.
From MNO Standard list: UFOWin,  BGTGroups, BYW30.
From MNO Basic list: 10For25Ads, DepositProfessional, StallionGold, TradingFxInv, DebtReliefLimited (the first payment received).

That’s it for today, guys. See you on MNO tomorrow with a full review of AgroFinance and daily news from the HYIP industry.