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

Hello everyone! I know I said I’d be publishing twice today, but it seems I’ll just have the one update for you after all. Still have quite a lot to get through for you on MNO and I have plans well into next week already so I might have to start publishing twice per day again at some point to catch up. We’ll see how it goes, but for today before moving on to the main news stories I want to look into a highly promising new short term HYIP called AvaFunds. There’s definitely a market out there for this – and I think you guys know this already because you’re it! – so I hope in the right hands the program can see out its full potential. That much depends of the admin of course so we’ll see how that works out in the coming weeks, but given the level of enthusiasm still out there for the shorter term HYIPs I hope he knows both how to tap into that and what to do with it when he gets it. So let’s take a look at AvaFunds in a bit more detail this eventing, and see if you think it might be suitable for your portfolios.

AvaFunds is remarkably simple and straightforward, with just one investment plan divided into two sections put in front of you – so you’re either going to like it or you’re not, and it’s a perfectly simple choice to make to either join it or pass. And it makes for an easier review for me too I guess. So you can join AvaFunds for a minimum spend of $15. The first option for those of you spending anything up to $2,500 in total, offers a daily interest repayment of 15% that runs for 8 calendar days. On completion of the term that would add up to a total of 120%, out of which AvaFunds are already including your own principal so it’s a 20%.

For example then, let’s say you placed a $100 deposit in this plan. That would get you back $15 per day for the next eight days. This includes your own money so you break even on day seven when you earn back an amount equal to your deposit, and you finish the term with payments totaling $120, or $20 profit.

That covers just about most of you I would think, but anyone looking to take a serious gamble and drop from a $2,501 minimum into the program up to the maximum limit accepted by AvaFunds of $15,000 then you might expect a little more. The term remains unchanged at 8 calendar days, during which you continue collecting a daily interest payment calculated at an improved rate of 16% per day. AvaFunds are including your own investment as part of the returns, so the final payment which brings the total up to 128% is your own money back plus 28% net profit on top for yourself.

So if you like the plans then you’ll probably like the payment options as well because AvaFunds have included all the main popular processors normally found in the HYIP industry. You’ll all know the names by now such as SolidTrustPay, EgoPay, PerfectMoney, LibertyReserve, and the lesser known PexPay. Payouts to members are made manually by the admin and so will need to be requested from inside your private AvaFunds members account area. After you’ve done so you are asked to allow up to 24 hours for all transaction requests to be completed. There is a minimum withdrawal limit in place, which is set to $1. The only other thing I can think of that you need to be sure to be aware of when joining AvaFunds is that the process is just slightly different from most other programs. Experienced players will know this so it’s really just for the newbies, but you will first be required to fund your e-wallet, ie to move money into your account area. This money does not earn you any interest until after you redirect it into to the preferred plan under the Investments tab, thus activating your investment.

As for the design and security features, AvaFunds looks to be up to a reasonable industry standard on one hand, but the jury is definitely out on others. One of the better features for example is the script which is under license from ShadowsScript so that’s safe enough, and the website is also SSL-encrypted by GeoTrust for safer browsing and more secure transaction. What I’m unsure about however is the choice of hosting provider who are previously unknown and untested in the HYIP industry. They’re called MaxAntiDDoS and they have AvaFunds on a dedicated server with BlackLotus protection. I don’t really know what these guys have done in “the real world” before, but given the frequency and sheer ferocity of DDoS attacks in the online HYIP world I know they’re likely to have an uphill struggle to prove themselves. Anyway, if you have any further questions or account related issues for the admin to deal with, then there’s a couple of different ways of getting in touch. AvaFunds can be reached first of all by simply e-mailing them at the address provided. Otherwise you can just fill in your details on the form provided on the support page and submitting it. If you really think someones going to answer then you can try your luck with either of the listed telephone numbers and try to speak to someone in person. There’s a partial postal address listed without a building number, office number, or zip/postal code though I would have suggested you ignore it anyway. Fans of social networking sites will find AvaFunds maintaining profiles on the likes of Twitter and Facebook.

The website content and texts relate to AvaFunds somehow being involved with arbitrage betting, though to be blunt real information you can verify for yourself is about as rare as on any other online HYIP. Though the part about gambling is definitely true, only not quite in the way the admin would hope you believe it – the only one really taking a gamble at all you see is you the investor. The AvaFunds admin at least seems keen on keeping everything high profile from the beginning, and they do have a lot of the facets that determine a successful program provided it’s managed properly. That’s quite an unpredictable factor of course, but if you feel it’s a risk worth taking then just remember to always set yourself a spending limit based not on what you would like to earn but on what you can afford to lose. And if joining AvaFunds at all then try to keep them as a smaller part of a wider more diverse portfolio.

DAILY NEWS FROM THE INDUSTRY

GOLDENPAYMENT – EGOPAY AND SOLIDTRUSTPAY ACCEPTED

Just yesterday I reviewed a new short-term program GoldenPayment (click here to read it) and mentioned they only accepted LibertyReserve and PerfectMoney. However, today, after being online just for three days the admin had some very good news with the addition of EgoPay and SolidTrustPay. Within the space of a few hours two separate newsletters were issued by GoldenPayment‘s admin today making the announcement. New sign-ups will be asked for e-currency account details on registration, while current members can easily add their STP and EP account by clicking EditAccount tab in the member’s area and entering the names of your accounts. For those who don’t know yet I would like to remind that you can join GoldenPayment for $10 in plans like 105% after 1 day, 120% after 3 days, 150% after 7 days, or 325% after 15 days. Below you will find both newsletters from the admin of GoldenPayment:

“EgoPay now accepted at GoldenPayment
GoldenPayment now accepts EgoPay deposits. To make your EgoPay deposit, please login at GoldenPayment and update your account with your EgoPay account.
Thank You, GoldenPayment”.

“SolidTrustPay now accepted at GoldenPayment
GoldenPayment now accepts SolidTrustPay deposits. To make a SolidTrustPay deposit, please login to your account and update your profile with your SolidTrustPay account.
GoldenPayment now accepts four major processors, Liberty Reserve, Perfect Money, SolidTrustPay and EgoPay.
Thank You, GoldenPayment”.

ADSOLID – INTERNAL EXCHANGE ACTIVE NOW

Staying on the topic of e-currencies, I would like to report that the admin of ADSolid (reviewed here) added a handy exchange feature yesterday that will be of huge interest to those who would like to exchange e-currencies internally and be paid to a different payment processor than the one he deposited from. Plans in ADSolid include 1.2%-2.1% for 150 days plan with payments credited on business days only and principal returned on expiry. ADSolid is also using a very interesting original script which allows you to advertise your website in addition to your daily earnings and if you do need to make an internal exchange between SolidTrustPay, LibertyReserve, PerfectMoney, or EgoPay you can find this option under the Exchange tab in your account. It contains all your balances in different currencies plus a handy table with the fees, so you will understand what you’re paying for. Here’s the latest short message taken from the ADSolid website:

“Today we have added the exchanger inside member areas of our users.”

PROFOREXUNION – BANK WIRES ACCEPTED

I always thought ProForexUnion (reviewed here) already accepted direct bank wires from the investors, and I am aware that one can deposit there even directly from some Russian-based internet-banks, and also such unusual options for HYIPs as LiqPay, Credit Card and even WesternUnion. However, it looks like Bank wires were not actually accepted by ProForexUnion as today I received a newsletter from the admin inviting me to invest via bank wire and to contact them for further details if interested. Here’s the newsletter:

“ProForexUnion. Bank Wire!
ProForexUnion, adds opening deposits and withdrawal of funds through money transfer – Bank Wire!
For instructions, please contact us. support@proforexunion.com
Sincerely, yours The ProForexUnion team.”

The more orthodox investors of ProForexUnion also use LibertyReserve, PerfectMoney, SolidTrustPay, and EgoPay. The program is currently ranked #1 among the five programs from MNO Sticky listing. ProForexUnion has been online for over four months already and is still paying impeccably well on all the mid-term investment plans with the original principal return on expiry – 1.2% for 20 days, 1.7% for 30 days, 1.9%-2.4% for 60 days. Such high quality programs as ProForexUnion are true gems in the industry and with six completed 20-day cycles the project keeps expanding. Long may it continue!

FELMINAALLIANCE – ADVERTISE FOR CASH PRIZE

FelminaAlliance (reviewed here) sent a newsletter today announcing the start of a weekly promo contest. I believe with many reports of bank wire delays FelminaAlliance definitely needs some positive cashflow in order to pay everyone what is due and continue the second year of operation on a high note. I remind you that FelminaAlliance first launched in July 2011 and originally offered only one investment plan – 1%-1.6% for 180 business days with the principal return on expiry. Last year a short-term plan was introduced offering 0.8%-1.4% for 90 business days with the principal handed back on expiry. Since its launch FelminaAlliance managed to climb in MNO ratings and is currently at #4 on my Premium list. The payment processors list has also been extended during that time and currently along with direct bank wires (not recommended currently due to some uncertainty and delays), FelminaAlliance also accepts deposits starting from $20 via LibertyReserve, PerfectMoney, SolidTrustPay, and EgoPay where payments to all of them are processed on time. Here’s the latest news from FelminaAlliance for your attention:

“[FelminaAlliance] Official Newsletter
This is an official newsletter from FelminaAlliance Inc.
We are inviting you to take part in our best promo contest.
Advertise us and win cash prize every week.
At the end of every week, the 3 randomly chosen winners will get $1,000.00, $500.00 and $200.00 added to the available balances in their accounts.
You can enter the contest any time. To do this, simply post a short advertising message on your blog, facebook, forum or any other form of social media.
Detailed instructions on how to participate can be found inside your FelminaAlliance account.
Note that only existing blogs, forums and accounts in other social media are eligible to participate. All newly created accounts will be ignored.
Best Regards, Marketing Department,
FelminaAlliance Inc.”

NUBCOYU – WITHDRAWAL DELAYS AGAIN

I’m getting a little tired of moving Nubcoyu back and forth in my listing due to delayed payouts. Today saw another move to Waiting status and returned only after I was paid an outstanding withdrawal that was pending for more than the promised 48-hour timeframe. At the moment, I do not see any reason for such delays to be justified, especially with the latest decision to increase the minimum withdrawal to $5. According to the admin, the work overload is still too high for him, and since his assistant is not helping anymore and he himself always seems to be something else, expect other “slight” delays ahead. The explanations for the current delays are given in the latest newsletter from the admin (he was interviewed on my blog here):

“Expect Slight Withdrawal Delay Today
Dear Valued Investors,
I’m online through iPhone here. Due to our senior executive officer, Mr. Moriyama will be on trip to Seoul today, and I’m assigned to accompany him on the trip to Korea. I won’t be be staying overnight and will be coming back to Yamanashi late this night. Withdrawals are processed up until the 28th at the moment, with the 29th not yet complete. Misaki is on the field trip where carriage of laptops are not allowed. Please expect some slight delays and please rest assured.
Also, please take note of the time difference. My timezone is GMT+9
Regards, Nubcoyu”.

Just to remind you all – Nubcoyu (reviewed here) is a long term program with just one plan of 1.4% for 200 business days and accepting deposits from $10 via SolidTrustPay, EgoPay, LibertyReserve and PerfectMoney. Nubcoyu has been online for about five months and the first investors should be well in profit by now, but all those constant delays are simply killing any confidence in the program’s future, so I hope the admin will do something radical to avoid more delays and keep Nubcoyu on Paying status on MNO at all times.

40DAILY AND BGTGROUPS PAYOUT DELAYS – WARNING!

Please note that I decided not to publish the interview with the admin of 40Daily today due to his obvious attempt to use it as a last attempt to get more deposits before closing. There was troubling signs from a couple of investors whose payments to LR and PM payment processors were not processed instantly as before. And although the terms on 40Daily‘s website promise withdrawals to be processed within 2 hours maximum, that was no longer happening so I had to move them to Problem status on MNO. As far as I know, some payments to STP are still processed instantly, but try to withdraw in small amounts if you wish to get paid, as there is no possibility to cancel your withdrawal once you made it. You can imagine, that the admin of 40Daily behaved as a pure scammer after he halted instant withdrawals, and not only not reply to my emails, but also tried to squeeze some more money from unsuspecting investors with a new promo plan allegedly to celebrate 4 years online, when we all know by now that 40Daily only lasted for 8 days which is a staggering difference to what the admin attempted to lie about. Please avoid investing in 40Daily and ignore the message you might have received from him tonight:

“40Daily – 4 years online celebration
We are online for 4 years already!! To celebrate this we added new VIP plan for limited time.
You can deposit starting from $250-$50000
VIP plan pays you 150% after 1 day. For example if you invest $1000 you will receive $1500 after only 24 hours!
To make an investment you need to go to deposit page in your member area.
Deposit now and get profit tomorrow. Best Regards”.

Another loser today is BGTGroups. As I’m not requesting withdrawals daily I was not aware that the program actually stopped paying yesterday, but today, after verifying an unusually long pending withdrawal request for my referral and emailing the admin I finally realized that BGTGroups turned into a scam. Funny enough, the admin stopped paying just days before the first principals had to be released and paid to its members. For less than 6 months online BGTGroups still brought profits to its first investors, but unfortunately, the admin was not willing to continue and even not tried to disguise the fact that he wanted to disappear before anyone who joined on day one even think of asking for his principal back. Please be aware of the Problem status of BGTGroups on MNO and do not make any further investments there!

As with all HYI programs, when some go others replace them, and the cycle continues. Below you will find some brief introductions to three programs that came to MNO in the last 24 hours and for Premium Listing on my monitor.

FATPROFIT INTRODUCTION

The first is a program with a mafia style looking fat guy on the front page and the suitable name FatProfit. The program just started yesterday and offers only one investment plan paying 10% for the duration of 15 business days (Monday to Friday). So your pure profit at the end of the three-week cycle will be 50% as your deposit is included in the daily earnings. FatProfit accepts all the main payment processors – SolidTrustPay, EgoPay, LibertyReserve and PerfectMoney – starting from a $10 minimum. Fans of instant withdrawals will be pleased to see them in use, and I already got paid a couple of times and so am able to confirm it. Although claiming the highest level of protection from DDoS attacks by BlockDos, I wasn’t actually able to verify that and all I can see is that the program is hosted on a dedicated Staminus server which is not bad by itself. FatProfit is also SSL secured by Comodo and is running off a script I’ve seen before and although the admin claimed that it’s a custom made, I sincerely doubt it. Anyway, FatProfit looks kinda different from many programs and this along with instantly processed payouts and quite sustainable plan might be beneficial for the program’s future and provide steady growth. Of course everything here depends on the admin’s intentions, so let’s hope they’re good. Please read the full review of the program on MNO blog in a few days and check out my blog often if you wish to find out more about this program.

ROYALINCOME INTRODUCTION

RoyalIncome also joined MNO’s Premium listing today. It’s a brand new short term and high risk project that only started a few hours ago. The returns offered by RoyalIncome are very lucrative and you can be in 20% pure profit in as fast as the 24 hours required to be paid on the 120% after 1 day plan. The other investment plans include 162% after 3 days, 230% after 5 days, 500% after 9 days. The admin will have a hard time sustaining such high payouts in the long term, but the lucrative returns and instant payouts to SolidTrustPay, EgoPay, PerfectMoney, and LibertyReserve will always get plenty of takers. Everything is perfect on the security side of things too as the site is protected by BlockDos on a dedicated server and runs off the ever popular GoldCoders script. I can also confirm that all my withdrawals (referral commission) were instant, and I had them in my e-currency accounts within seconds. Hope that the good layout and features will help the program last even with offering such high returns available for the minimum deposit of $20 into each plan. A more detailed review of RoyalIncome will be in a couple of days.

REWARDSWEEKLY INTRODUCTION

Finally, the last program to introduce tonight is RewardsWeekly. As the name implies instantly paid withdrawals credited to investors’ accounts on a weekly basis are available. Once you make a deposit starting from a $10 minimum via EgoPay, SolidTrustPay, LibertyReserve, or PerfectMoney you have to wait for seven days before you can see your first interest of 10% which will be credited to your account each week for the duration of a 40 week term. You will also get your initial investment back on expiry. RewardsWeekly also started only yesterday and is a perfect opportunity for anyone preferring longer term programs. However, the potential profit made could exceed all your expectations, provided RewardsWeekly will last for that long. The layout is quite good, all questions are answered promptly and I believe it might have a bright future, considering the admin purchased an expensive DDoS protection package from BlockDos on a dedicated server. RewardsWeekly also features a licensed GoldCoders script and is SSL secured by Comodo. The full review will be next week, so stay tuned for that!

GET PAID REPORT FOR 31/01/2013

Here is the list of the programs from my monitor that paid me for the last 24 hours:
From MNO Sticky list: ProForexUnion, MGProfit, AlevrasInvestments, OilOfAsia, VFinance, AvaFunds (the first payments received).
From MNO Premium list: ProfitableSunrise, EurexTrade, SureInv, FelminaAlliance, StallionGold,  DiamondAsset, 4FXInvestment, BensonUnion, Nubcoyu, VisitAd, AIOFinance, GoldenPayment, Xgolding, BerkeleyFinanceGroup, Black&WhiteFund, HurricaneAssets, ADSolid, RoyalIncome (the first instant payments received), FatProfit (the first instant payments received), Profitable2013 (the first payment received).
From MNO Standard list: AirCargoXpress, AustralianBusinessGroup, CashHub, TradExFund, PremierLeagueProfits.
From MNO Basic list: PerfectForex, InvestmentCapital, MainaLimited, Fxen, Finance7, Money&Credit, TheInvestmentBank, FinanciaLtd, EasyGrowth (the first payment received).

That’s all for today, guys. I hope you found something helpful in there and if you want more, then come back tomorrow for the full review of Profitable2013 accompanied with the latest updates and analysis of the current investment programs on MNO. See you all then!