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

Hi everyone! Before we get to the day’s news update (which is a little thin on account of not much of note going on in the industry) I want to look at another short term HYI program added to my monitoring page a couple of days back called RonWards. Named for its admin – Ron Howard (no, not the Hollywood movie director!) – RonWards may be well known to some of you by now as it’s been online for around six weeks. Not exactly brand new for a short term program by any means, I know a lot of you will interpret that whatever way you want, and to be fair there’s both good and bad points in there in equal measure. But as always when it comes to MNO reviews I’ll just try and stick to the facts abut the program and you can use them any way you see fit. It’s probably worth noting however that despite RonWards being online this long – and that’s a fine achievement by the way – it’s still not as widely known as you might think. In fact the admin is really only stepping up the promotion of it now so I guess it’s always possible that this one could really surprise us. It certainly couldn’t be ruled out anyway. So let’s start with a a closer look at the plans and see if you think it’s still worth a shot.

Most of RonWards plans pay on expiry of the relevant investment term. The one exception is their second plan which makes daily payments but I’ll get to that in a moment. Interest rates will be based on the size of your deposit, and the minimum is quite affordable for all of them. We start with one that runs for just 1 calendar day. It will set you back a $10 minimum to join and for anything up to $1,000 they will pay you back 103% interest on expiry, a figure which includes your principal. So invest $100 today and get $103 back tomorrow. For anyone prepared to make a larger investment you can earn 105% on $1,001 to $5,000 however RonWards will accept anything up to a $30,000 maximum with a top rate of 125%. See your members area for details if interested.

RonWards second investment plan changes direction somewhat compared to the others. It’s still quite short term though, and carries the same affordable $10 minimum to join. The term is just 2 calendar days this time, during which RonWards will make two daily payments to you. These will include your principal as part of them, and start at 53.5% per day for investments up to $1,000. This adds up to 107% in total, or your own money back plus 7% profit. Deposits from $1,001 to $5,000 are offered 56% per day, or 12% profit. Any information on deposits bigger than that whether you’re genuinely serious about it or just curious to see what it is can be found in your RonWards private members account area.

The third plan runs for 5 calendar days. It requires the same $10 minimum to join, and for anything up to $1,000 RonWards offer 118% paid on expiry, principal included. For deposits between $1,001 to $2,500 you can expect 128%, and for anything between $2,501 and $5,000 the rate is 175%. See your member’s area for details of larger deposits if you’re interested, but the maximum investment is $30,000 which carries the top rate of 300%.

Next up is a plan that runs for 10 calendar days. For a $10 minimum deposit RonWards offer a payment of 145% made on expiry, a rate which applies to anything up to a value of $1,000. A rate of 175% is offered on deposits between $1,001 and $2,500, and 255% for $2,501 and $5,000. Check your account for information on anything bigger than that, but the maximum spend is $30,000 and the top rate is 500%.

Plan number five from RonWards pays on expiry after a 20 calendar day term and again carries the same $10 minimum price tag. An investment of anything up to $500 this time will be offered a 225% interest rate, principal included. Deposits between $501 and $2,500 are offered 300% interest, and deposits from $2,501 to $5,000 are offered 500%. You can see details of the other offers from inside your RonWards account area, however the maximum deposit is still $30,000 and the top rate is 1000%.

And finally the longest term plan and the one with the greatest degree of risk attached to is runs for 30 calendar days. The minimum cost of joining is still $10, and for anything up to $500 RonWards offer 400% interest on expiry, principal included. Other rates include 600% on $501 to $1,000, 1000% on $1,001 to $2,500, and 1300% on $2,501 to $5,000. Good and all as RonWards have been in managing to survive this long I think we all know we’re getting dangerously close to shall we say the cuckoo’s nest with some of those last figures, probably even in some of the shorter term plans as well. So if you really do want to take a gamble on the program completing another round of this plan you might want to keep your deposit a bit closer to the smaller side and keep the main part of your investment for something more feasible. Just a suggestion, it’s entirely up to yourself what you do with your money.

Payment options are up to fair enough industry standard, with RonWards accepting all the more popular industry handlers. You can sign up with them through any of SolidTrustPay, EgoPay, PerfectMoney, or LibertyReserve. Payments will need to be requested from within your member’s area and are promised to be completed by the admin manually in a timeframe not exceeding 48 hours.

RonWards is running off a licensed GoldCoders script and their website has SSL encryption by Thawte. They are also hosted on a dedicated server with support and DDoS protection supplied by Snoork. That wouldn’t really be a well known name in the HYIP industry though I have seen them a couple of times before. I wouldn’t know enough about their track record to comment on the quality of their services, but RonWards don’t seem to have any serious problems that I heard about and they’ve been running for some six weeks at this stage. The best way to connect with the admin is by filling out your details on the e-mail ticketing support form found on the contacts page. RonWards have more recently also moved into the social networking sphere and you can now find them keeping accounts on Twitter and Facebook.

Texts are original (what little there are of them) though as usual for short term HYIPs give next to nothing in the way of any real information about the program’s history and background. I believe they’ve been copied by other programs alright, but to the best of my knowledge RonWards were the first. Not that it’s important or anything. The briefest of paragraphs vaguely touches on them being “an investments group” and says little else. So I think we know what to expect here. I’ll just remind you as always when playing with online HYIPs do so with sensible amounts of money that you have to spare and try to use RonWards as part of a wider more diverse portfolio. Anything can happen here and probably will!

DAILY NEWS FROM THE INDUSTRY

BENSONUNION AND FINANCE7 – SELECTIVE AND DELAYED PAYOUTS LED TO PROBLEM STATUS

I have no idea why BensonUnion held this circus on Monday with another webinar while the payouts were already severely delayed and the three extra dates with no interest added insult to injury last week, but it certainly didn’t improve their performance at all. You must remember that in my latest update regarding BensonUnion a couple of days ago I suggested you stay away from that troubled program despite the fact that the payouts were finally processed after 48 hours. However at the moment they are delayed again and it looks that the admin might be processing payouts selectively now and delaying some of them with a lot of complaints hitting the forums already. Due to delayed payouts and the inability of the administration to handle the obvious cash flow issues I’ve made the decision to move BensonUnion to Problem status on MNO tonight and discourage anyone from investing in this pending scam. There is no doubt that BensonUnion will try to squeeze every single penny from unsuspecting investors now by lingering with the payouts, and will possibly even pay some investors and monitors for some time in order to win their confidence back. However, MNO will not be participating in this anymore, as I’m certainly not interested in promoting a program that so obviously riddled with cash flow problems. The program will stay on Problem status until all the pending cashouts for interest and deposit are fulfilled, so until then please forget about investing in BensonUnion for your own security and the safety of your funds. I will update you on MNO in the unlikely event of the situation improving.

The second program where investments are no longer recommended is Finance7. I got a confirmed complaint from one of my readers today and verified his account just to find out that he had have three pending withdrawal requests to LR in his account the oldest of which had not been paid for over 48 hours. I tried to contact the admin of Finance7 to clarify this, but as so often happens in such cases he prefers to remain silent. Well, I do not have any obligation to keep Finance7 on Paying status on MNO due to confirmed selective payouts and I have moved them to Problem status already. Please note that the admin of Finance7 still has a static banner of his program displaying Paying status, but this is fake and you can see the real status of the program only on my monitoring page. One more clear sign that Finance7 might collapse very soon emerged today as the admin suddenly changed the investment plan from 10% for 20 business days to 20%-50% for 6 calendar days. Changing the plans so frequently (he’s doing this for the second time already in the last couple of weeks) is not a good thing at all, and usually indicates crooked intentions. Please take note of the warning and stay away from Finance7!

GET PAID REPORT FOR 02/05/2013

Here is the list of the programs from my monitor that paid me for the last 24 hours:
From MNO Sticky list: LoyalLucre.
From MNO Premium list: RewardsWeekly, NorthlandOpps, MalaysianINC, EaglesInvestment, BriscoFund, NEOMutual, MoneyInSports, AbsoluteGainFenix, XProfit, MoneyFerry, EmpireFinanceGroup, EarningAlliance, SecureAssets, Jango, DioMetal, PrimeInvest, CapitalPartnersInvest, EuroStar, RouletteGURU (the first payment received), AuroraUnion (the first payment received).
From MNO Standard list: PureIncome.
From MNO Basic list: InvestmentCapital, MainaLimited, Money&Credit, KabooForex, TheInvestmentBank, FxInvBiz, SanderaGroup, 12DailyFund (the first payment received), FiamaCorp (the first payment received).

That is all the news I have for tonight, guys. I hope that you have got some useful information for yourselves from my daily updates. For more, and hopefully better, news please tune in tomorrow as I’ll also have a more detailed review from one of the recent additions on my monitoring page – EuroStar. See you all tomorrow!