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

Hi everybody! First of all regular readers will have noticed there was no update yesterday. No serious to report there, just a combination of me spending a good portion of the day traveling home from the UK to Israel, and on arriving realizing there wasn’t a whole lot to report on anyway. Or at least nothing major that couldn’t wait until today. So I decided to get an early night and get back to work today instead. So I have a couple of stories you might be interested in in the news section which I’ll get to in a few moments, but want to start today’s update with a more detailed look at a recent short/medium term addition to the MNO monitoring page’s Premium List called ChessInvestment.

Starting as always with the investment plans, I suppose the first thing I need to clarify before going any further is the process of depositing. If you decide that you like any of the plans on offer – there’s three of them – just be aware that because ChessInvestment is running off a unique script that some of you, particularly those of you new to the HYIP industry may not be familiar with, the process of depositing is a little different from what you may normally do with other programs. Nothing complicated of course, just different. You’ll need to deposit your principal first in your member’s wallet, and after that it’s just a simple matter of re-directing your money into the plan of choice by clicking the “Make an Investment” tab. That’s all you need to do but be sure not to forget because your investment won’t become active and start earning interest until after you do.

Moving on to the actual numbers now, I see that ChessInvestment have taken the curious move of making their more expensive plans LESS profitable than the cheaper ones, but have made them more attractive by making sure you get into profit a whole lot faster. You’ll see what I mean as we go, but it will only cost you a $10 minimum to join. That gets you into The Season Investment Plan which runs for 30 calendar days. During that time ChessInvestment are offering members a daily interest payment of 5%. They include your principal as part of these payments and so will not be returned to you separately on expiry. That means that the payouts, which will eventually add up to 150%, include your own money plus 50% net profit for yourself.

Just to put that into monetary terms for you, a $100 deposit in this plan would yield a $5 daily payment, allowing you to break even (earn back your own money) 20 days into the term, and completing it with payments totaling $150, or $50 profit. ChessInvestment have a maximum limit of $50,000 on deposits.

More serious investors looking to spend a $250 minimum can take a look at The Advance Profit Plan. Working along the same lines as the previous option, ie making daily interest payments to members, ChessInvestment offer a daily rate of 7%, an increased rate but for a shorter term of 20 calendar days. ChessInvestment also include your principal as part of the payments so all things going according to plan you’d be hoping to finish up with 140% in total here, or your own money back plus 40% net profit. So as you can see the actual percentage profit itself isn’t so high but you’ll get there a lot faster. The same $50,000 maximum deposit will apply, not that I expect anyone to get even remotely close to it.

For the third plan ChessInvestment will require a $500 minimum deposit, and you may spend anything up to $50,000 once again. It’s called The Professional Profit Plan and it runs for 10 calendar days. Your investment earns a daily interest payout of 13% from which ChessInvestment are also counting your principal. That means that by the end of the term your total returns should come to 130% which contains your original deposit plus 30% profit on top.

Payment options are up to a reasonable standard, or at least the minimum what serious players would expect from a program these days anyway, with ChessInvestment taking all the popular processors. So you can choose from either SolidTrustPay, EgoPay, PerfectMoney, or LibertyReserve and I imagine that list is unlikely to change, not that there’s much reason for it anyway. Payments to members are made manually by the ChessInvestment admin and so need to be requested from inside your private account area. After you do this you’re then asked to allow anything up to a possible 12 hour maximum for the transaction to be completed and the money to appear in your e-currency account.

Getting to the design and security features of the ChessInvestment website, I already mentioned the script which was custom made especially for the program. Gives no particular guarantee to the safety of your funds of course but at least suggests that the admin is serious about at least trying his level best to run a decent program, though whether his best is good enough or not is something as always that will only become apparent if ChessInvestment becomes a popular choice with investors. As for the hosting, well, there had been a few accessibility issues with the original host but that seems to have been taken care of now that the admin has moved. ChessInvestment is now on a dedicated server with the support and protection of Koddos. Something else that’s improved with the ChessInvestment website since that move is that they are now using SSL encryption which is provided by Comodo for safer browsing and more secure transactions. For any further questions or account related issues then the best way of getting in touch with the ChessInvestment admin is to fill in your details on the online customer support form on the contacts page and submit it. Not exactly a means of direct one-on-one communication but ChessInvestment are also one of the few HYIPs to operate their own YouTube channel. That, plus a couple of other social networking profiles namely Facebook and Twitter.

The texts and website content appear original, though at the same time contain next to no practical information and certainly nothing about any form of strategy or business plan that would support such huge returns. ChessInvestment simply describes itself as “an online investment company”, and pretty much leave it at that. Well, I guess if that’s not an admission of being no more than an online HYIP then I don’t know what is! So follow the usual rules of personal safety if you’re going to get involved here, starting with always staying well under a sensible spending limit that you can afford to lose, and if joining ChessInvestment at all then remember to try and keep them as a smaller part of a wider more diverse portfolio.

DAILY NEWS FROM THE INDUSTRY

SPHEREINV – REFERRAL CONTEST WINNERS ANNOUNCED

Just last night the admin of SphereINV Elvira (interviewed here) announced the ten lucky winners of the referral contest that was held over the course the last few days which counted active referrals – the ones who made a deposit of at least $10 into the 133% after 3 days offered by the program. I came second in active referrals counts with 160 people registered in SphereINV under my link and hopefully already receiving their profits to SolidTrustPay, EgoPay, LibertyReserve, or PerfectMoney accounts. This undoubtedly shows the enormous popularity of MNO as your daily guide in the online investment world and the support people who join under my links show me for my work. The prize of $100 credited to winners accounts has already been paid. SphereINV has been an incredible performer so far for all the members paying on a single 133% after 3 days plan for 15 full days already making it today five full investment cycles successfully completed. We can’t predict for how much longer SphereINV will run, but let’s just enjoy the ride while it lasts. The latest newsletter from SphereINV (reviewed here) featuring the winners of the ref contest please read below:

“SphereINV Referral Contest Winners
Congratulations to the winners of our first SphereINV Referral Contest! The top 10 active referrers below will receive $100 each into their accounts for withdraw. If you are a winner, be on the lookout today in your account. See the winners list below with how many active referrals they won with.
1. iehyip 203, 2. moneynews 160, 3. InvestRecord 118, 4. Invest-Tracing 107, 5. popularhyip 92, 6. dominicw 89, 7. List4hyip 83, 8. shumonitor 79, 9. HyipSCOPE 55, 10. carina 52
Thank You, SphereINV Administration”.

PROFOREXUNION – APPLE PRIZES FOR UPLOADED VIDEOS

After a successful contest with lots of prizes for the investors of ProForexUnion that sent their photos, now the program’s administration is seeking to give away some amazing prizes for uploaded Youtube videos. You have to be creative and tell on camera what you think of your investment with ProForexUnion and the reasons why you made your investment in one of the plans offered by them – 1.2% for 20 days, 1.7% for 30 days, 1.9%-2.4% for 60 days (all with principal returned on expiry). I doubt you should have any issues with making a video and explain why you’re staying with ProForexUnion that has been paying for almost six months already to many payment processors including LibertyReserve, PerfectMoney, SolidTrustPay, EgoPay, PexPay and many more. And the prizes are really good and include all products by Apple including their phones, laptops and ipads. So try your luck with ProForexUnion (reviewed here) and hopefully one of the prizes described in the newsletter below can be yours:

“ProForexUnion. Iphone5
Do you prefer to look stylish and beautiful?
Do you want to be one of the lucky owners of the most unique and one-of-a-kind phone?
It’s quite simple; report on camera the benefits of earnings with ProForexUnion company!
Why did you choose namely ProForexUnion!?
Tell me about your work plans with our company! Upload your video on Youtube and send us the link.
Every week! The winners will receive a stylish Apple IPhone5
Once a month! The winners will receive a stylish Apple MacBook
In a random way will be awarded Apple IPAD
ProForexUnion thinks about our partners!
Medal place is not just one. There are five of them!
The five of the top prizes will be rewarded with a $ 100 deposit
Sincerely, yours The ProForexUnion team.”

BRISCOFUND – CALCULATOR ADDED

Today a small adjustment was made to BriscoFund (reviewed here) for anyone thinking of investing in their 1.6%-3.5% for 250 days with principal back on expiry plan but are in doubt regarding the amount they will get at the end of the term. You can even take into consideration the compounding rate which you can set up to 10% at the time of making a deposit in BriscoFund which can start from a $10 minimum and via four big payment processors in the industry – SolidTrustPay, EgoPay, PerfectMoney, and LibertyReserve. Here’s the latest short update regarding this undoubtedly useful option for investors:

“New custom calculator
At request of many members we have added in our members area a custom calculator that you can use from now on. In members area (left menu) you will see this option: “Calculate your profit”. Same option you have in Make Deposit area (right under each plan). Hope you enjoy it.
Amanda BriscoFund.”

WORLDGEMSINVEST – BANK WIRES ACCEPTED AND FACEBOOK PAGE OPEN

WorldGemsInvest (reviewed here) is also improving and the admin reported in today’s newsletter about the addition of their own Facebook page which is slowly but surely becoming a standard for any quality HYIP. Also, it was decided by the admin Daniel (he was interviewed on MNO here) that in addition to the already accepted payment processors like SolidTrustPay, LibertyReserve, PerfectMoney, and EgoPay from now on direct bank wires and Western Union transfers will be accepted. For instructions on how to do that you need to contact Daniel himself, as this process is manual. All in all, WorldGemsInvest is doing quite well and after about a month online the program pays steadily on a 1.25%-2.4% for 120 days plan with the initial principal returned on expiry. Here’s the latest newsletter from WorldGemsInvest:

“Newsletter #3 New features
Greetings dear members,
We are pleased to announce some new features on your program :
Firstly, we launch our Facebook page, some of you may already seen it before , or have already noticed the present link on our home page.
Feel free to visit, comment, ask questions, we will respond and participate on this page as much as we can.
In addition, we have included new deposit methods on the website:
The first is the bankwire, some for whom the addition of funds to an e-currency is complicated, do not hesitate to use this option which is quite fast. After receiving the funds, we will add your deposit into your members area in a few hours later.
We also choose to use Western Union, which remains a very quick and easy option for people pressed. As well as bank transfer, we will add funds to your members areas in two or three hours after received your funds.
Thank you contact us directly to get the necessary informations when you will decide to invest, or add more money on your actual active deposit.
Thank you all for your support & trust,
Do not hesitate to contact us for any further informations,
We wish you a great success in our program!
Best regards. Daniel”.

CHESSINVESTMENT – SITE IS BACK ON NEW HOSTING

During its first days online ChessInvestment (that was finally reviewed on MNO today) was nothing short of a mess with a script and accessibility issues with their former hosting provider a daily occurrence. Now that the site is hosted with Koddos and all the problems with the script have been solved, the admin is very optimistic about the future of the program. We’ll see though if ChessInvestment is about to become the next big thing or not, as only time will tell. The latest newsletter was sent last night just after they came back on the new hosting provider:

“Newsletter
ChessInvestment Just Got Better
Dear Partner of ChessInvestment,
Today is a good day I would say, We now have our website back online and all issues so far has been resolved, we do not anticipate any more challenges and we hope you still give our program support, we are one program you can trust irrespective of the startup issues. Many Admins by now would be in helpless situation or even close the website but due to our commitment and competence we brought back the website as soon as it can ever come up without error on members account
All pending withdrawal request has been processed and we look forward to a profitable and superb week with everyone. Our explanatory documents would be released shortly; this should help you have more detailed understanding of our program.
Thanks for your cooperation.
ChessInvestment Team.”

NUBCOYU – CASHFLOW PROBLEMS REPORTED

The admin of Nubcoyu (interviewed here) honestly admitted today that the program is having cashflow issues and so there were further limitations introduced to survive and keep paying to the existing investors on the 1.4% for 200 business days plan. Some reasons for that cash deficit were named, however I’m not sure how truthful they are. Anyway, the fact that the admin openly admits to it and does something to prevent the program from going down the drain deserves a certain level of appreciation. I would NOT recommend investing in Nubcoyu at this point, although am hopeful that they will overcome their current issues and keep going.

So, what’s the limit introduced in today’s newsletter from Nubcoyu (reviewed here)? It’s $10 daily withdrawals to all investors, so no one will be able to withdraw more than $300 per month, so take this into consideration. At the same time, the admin tried to sweeten the deal by saying that he would try to process the payouts within a 48-hour period, although is still reserving the 7 calendar day term as the maximum. That another limit of $10 daily was added to the already existing $5 to one single e-currency no one can withdraw, and so now the available daily range of withdrawals from Nubcoyu can be from $5 to $10 only requested to one of the payment processors accepted – SolidTrustPay, LibertyReserve, EgoPay, or PerfectMoney. Please remember that I do NOT recommend investing in Nubcoyu anymore, although I leave it on Paying status on MNO monitor due to the admin being honest about the current issues described in more detail in the latest newsletter:

“New Adjustment for Faster Withdrawals
Dear Valued Investors,
It has come to our attention that allowing 7 days withdrawal timeframe does indeed provide us more time and space to ensure that everyone receives their withdrawals. However, this has created a controversy between big and small investors within the Nubcoyu family. As stated before, our daily income as of present is only supplied by the external income via the offline channel only, while our online channels (RAF, ISM, HRS, HA, etc.) are being literally frozen because of their alleged LR API issues. The current supply to the system via the offline channel varies from $150 – $300 daily depending on the sales of each day. Here’s the problem; when we process large withdrawals, the next users in line will have to wait the next day to receive the payment and the same repeats. So, we’ve come to the conclusion of making the payout distribution faster and fairer for our beloved investors by raising the daily withdrawal limit of each account. Each account will be able to make the maximum of $10 withdrawal per day. Although that isn’t much, it’s worth about $1,000 investment percentage. You can take advantage of compounding or withdrawing daily while our cash distribution speed would be increased using this method. We understand the frustration, but instead of withdrawing a large amount and wait for another 7 days, why not try withdrawing a smaller amount and receive it within 24-48 hours? Of course, this limit will not be casted forever, as when our portfolios are revived and rebuilt, we’ll reduce or even remove the limit altogether. But for now, please cooperate with us during the time of crisis so that we can better build the portfolio and providing everyone with faster and more pleasant services.
You can expect to receive the withdrawals within 24-48 hours, although our term will still remain 7 days. The pending withdrawals will be cancelled and everyone is welcomed to request the withdrawal again under the $10 limit.
Once again, I’d like to thank everyone for cooperation and understanding and we sincerely hope for the improvement on the situation. We’ll try our best!
Regards, Nubcoyu Umezawa”.

ZENITHPAY – BACK TO PAYING STATUS ON MNO

As promised in my last post, I have an update on two programs monitored on MNO regarding their status. As for GSAOnlineInvestments, they proved to be a short-lived scam barely reaching three weeks online and scamming shortly after having serious issues with their script and downtime. Now it’s hard to say whether it was a deliberate attempt to scam fast or not, but I tend to believe that it was not intentional, as the program’s setup was too elaborate and advertising campaign too big to think so.

Fortunately, ZenithPay was returned back to Paying status on MNO after the admin admitted his issues with STP and paid me the due amount from another account. I honestly don’t understand why admins use third-party SolidTrustPay accounts and do not fear its inevitable suspension and disruption to their projects. Anyway, for now I can still see that ZenithPay accepts SolidTrustPay along with EgoPay, LibertyReserve, and PerfectMoney into the 2.35-2.8% for 75 business days plan with the principal returned on expiry. Will their second STP account be suspended as well? Who knows, for now ZenithPay keeps paying fine to everyone, and I have no reason to keep it on Problem status anymore. Here’s the latest news from the admin regarding ZenithPay‘s STP issues:

“Important Msg for STP ac Status
We got message from STP management on 18th. Bellw detail info
“”We are inquiring as to the nature of the transfers received from other members into your account. Please respond to this message. All options have been disabled in your account temporarily.
2013-03-18 09:54:27 EST””
We already sent reply regarding this issue ans still waiting for reply.
In the mean time we owe 3rd party STP ac for payment and now all payment up to date.
We will inform further about their reply
Have a nice day. Philip”.

ELITEBANK AND 4FXINVESTMENT – MOVED TO PROBLEM! DO NOT INVEST!

Please note that two more programs were moved to Problem status on MNO last night – EliteBank and 4FXInvestment. No further deposits can be recommended in either, so beware!

EliteBank managed to last for a full 35 days before going bust, while has been featuring on MNO only for the last 12 days. That was still enough for many members to profit from its 1-day and 7-day plans, and the smartest and luckiest ones were on top, while as usually happens with HYIPs many of them lost too. Well, these things happens with every program sooner or later, and the most important thing you should remember is only invest what you can afford to lose.

As for 4FXInvestment, that was a much more longer-running project with an impressive 14-months online. Having started in January 2012, 4FXInvestment only came to MNO in October last year, but still surprised us all by paying on 11%-14% for 10 business days for over five months while it’s been monitored here. SA lot of investors should have been in good profit by the end and I will be looking forward to more similar projects from that admin, although obviously next time he will list his program on MNO under a different name, so it will be difficult to spot.

Please note that both EliteBank and 4FXInvestment stopped payouts, while are still willingly accepting new deposits. Do not invest as both are proven scams now!

ELEGANTFOREX INTRODUCTION

A brand-new program called ElegantForex joined the Premium Listing on MNO last night which I want to introduce to you now, with the full review to be published tomorrow. So what do we have here? A nicely made website SSL encrypted by Comodo and hosted on a dedicated BlackLotus server with DDoS protection provided by BlockDos, a unique though very comprehensive script that was surely influenced by GoldCoders as that one I had mistaken it for first. Investment plans offer from 7% to 7.5% daily return for a period of 20 calendar days while those who prefer to withdraw only once will find a very lucrative 120% after 7 calendar days plan. So depending on the chosen plan you can get from 20% to 50% pure profit on your investment with ElegantForex. The minimum to invest varies for each plan and can be as low as $10 or as high as $500 with the withdrawals promised to be processed within a 24 hour maximum of request. Payment processors accepted by ElegantForex include SolidTrustPay, EgoPay, LibertyReserve, and PerfectMoney. The welcome message from the admin can be read below:

“Dear Investors,
Today we announce that we are launched and starting to accept Investments worldwide. Our program accepts SolidTrustPay, EgoPay, PerfectMoney and LibertyReserve payment processors.
Investors from all over the world are welcome to participate in our investment program. Our support is ready to assist you 24/7 in case you need help.”

306BZ INTRODUCTION

The second program that was launched yesterday and came to MNO’s Premium Listing today is called strangely – 306BZ. Well, it’s not so weird if we consider the investment plans on offer – 306% return after 10 days or 36 days (the term actually depends on the amount invested). I guess, the most popular plan in 306BZ (and the least risky) will be the daily paying 20% to 30% for the duration of 6 calendar days with no principal returned and potential profit from 20% to 50% at the end of the term. The minimum to invest in the daily plan starts from $10 (while on expiry plans require higher minimums) and the withdrawals are promised to be paid within 12 hours of request. 306BZ is running off a licensed GoldCoders script and is protected by BlockDos though hosted on a dedicated BlackLotus server. The design of the program is really simplistic but stylish at the same time, and looks very different from what I’ve seen recently. They try to be different from other short-term programs online, and hopefully the originality in the layout will pay off and make the program last longer. The full review of 306BZ is coming soon, so stay tuned for that if you wish to learn more about the program and its investment plans!

GET PAID REPORT FOR 21/03/2013

Here is the list of the programs from my monitor that paid me for the last 36 hours:
From MNO Sticky listp: MajestiCrown, OilOfAsia, SphereINV, ProForexUnion, AirCargoXpress, SwiftMoney, SwissInvestFund, MoneyBox, BriscoFund, OptiEarn.
From MNO Premium list: SureInv, TureProfit, AXAIndustries,  InvestiField, BensonUnion, Stravia, Nubcoyu, MyFxCapital, ADSolid, EliteCapitalClub, MalaysianINC, WorldGemsInvest, ChessInvestment, ZenithPay, NorthlandOpps, HytexAG, MasterEarn, RFIGroup, EmpireFinanceGroup.
From MNO Standard list: AustralianBusinessGroup, AxiomInvestingGroup, PureIncome.
From MNO Basic list: VenturInvest, SuperWithdraw, InvestmentCapital, MainaLimited, Finance7, Money&Credit, Fxen, ZenithUnion, 12ProFinance, ForboEstate, DiamondProgress, ForexShare.

That’s it for tonight, guys. Sorry if you missed the news last night but I hope I made up for it by posting something useful today and earlier than usual. See you all back here again tomorrow!