Hello everyone! Welcome to MNO blog – a place to go for the latest news from the HYIP industry. As you can see, MNO monitor is a place for only elite programs to advertise as I charge the highest monitoring fees that can’t be afforded by many fast scamming admins. Therefore, by checking out what programs are listed here you can be sure that they include the quality programs run by experienced admins. Anyway, today I will have an introduction of a program called LoanClicks that’s been running for 100+ days already and whose admin just upgraded his listing to Premium status and thus, qualified to get a full review from me which will be posted on MNO blog by tomorrow. Stay tuned for that, and read the introduction of LoanClicks at the end of this post. But for now, let’s get back to the latest news from the HYIP industry that occurred over the last 48 hours.

PERFECTMONEY – SHARP INCREASE IN FEES FOR UNVERIFIED MEMBERS

The major news for today and already widely debated on the forums is the decision by PerfectMoney to increase their fees. I remind you historically PerfectMoney fees were always the lowest, a fact which they were never slow to publicize in their promotions. Since then many things have changed and the most important news story to hit the industry in recent years happened at the end of May this year when LibertyReserve was shut down by the US authorities who rightfully blamed them for laundering the money for all kinds of thieves, child pornographers, and other shady persons. Indeed, LibertyReserve allowed any kinds of transactions without any questions and, the most hated ever feature, it didn’t allow any reversal of transactions, even if they knew your account was hacked and your money stolen. They turned a blind eye to shady activities and didn’t provide any support for the members who were robbed. In this case, we should admit that LibertyReserve was run by criminals themselves and that was proved by the actions of the US authorities who tracked the owners for months and finally arrested the management and seized their assets. The most difficult blow for the industry was for the investors, some of whom blindly kept thousands of dollars in their LibertyReserve accounts and so lost everything they had there. As with every virtual currency, funds in LR accounts were virtual and so disappeared along with the website and the domain that were both seized by the US authorities. Another blow was taken by the exchangers who were named as willing accomplices to LR, cashing out literally billions of dollars for all types of internet criminals. Many domains were seized and many exchangers have lost their money and had to close due to this operation. Others who survived got stronger and registered new domains and kept working, proving the old saying what doesn’t kill you makes you stronger and those exchange providers that survived deserve some respect.

As you might remember, the HYIP industry as a whole was badly hit by this chain of events, and many programs closed as a result. In any case, the summer of 2013 was the worst in my memory (and I was a monitor since 2007), and the slow process of recovery is still underway. And then here comes another blow – PerfectMoney reported today that it had drastically increased their fees from 0.5% to 1.99%. However this move will only affect unverified account holders and those whose status is less than Premium. Let’s see first what was posted on the PerfectMoney website today and then try to analyse what the reasons for this decision and what impact it will have on the industry and the programs accepting PerfectMoney:

“Changes to Perfect Money commission schedule
Dear Customers,
To improve the service provided to our customers and further expand the Perfect Money payment system to new markets, starting on 10/09/2013 our commission schedule will be updated. The new commission for internal transfers (transfers within the Perfect Money system) is set to 1.99%. For customers making transactions from verified accounts, and for premium account holders, the commission remains at 0.5%.
In line with our continuing commitment to transparency within our system, we encourage our customers to verify their Perfect Money accounts. The verification process is as straight forward as possible and should not take more than 72 hours if a customer follows the instructions closely.
KYC (Know Your Customer) is an important, globally-accepted policy that is essential to ensure greater customer satisfaction and quality of service as well as compliance with modern business practices. As of 10/09/2013 our commission schedule will directly reflect the above mentioned policy.”

First of all, we need to remember that PerfectMoney is perhaps the only payment processor in the HYIP industry which actually charges a fee for sending funds, not receiving them. So, you as a PM account holder will be charged 1.99% instead of 0.5% for sending money to others (which only applies if your PerfectMoney account is not Premium and not properly verified). This puts PerfectMoney on par with such established payment processors as EgoPay and SolidTrustPay, as there will be no particular benefit to using PerfectMoney anymore in terms of transaction fees. Although, as I already said, those most affected are not those who receive money from others (as with EgoPay, SolidTrustPay, PexPay and other payment processors), but those who send money to others. They will be the ones who will be charged extra. The only way out of this is to either verify your PerfectMoney account by sending them proof of identity and proof of address, or having an account which has Premium status. In order to understand what Premium status means, let’s look at the FAQ section of PerfectMoney and see how to qualify for that status and be entitled to lower fees:

“Premium accounts are privileged in terms of offered benefits which include a low 2% fee on balance transfers via bank as well as a priority treatment in all deposits and withdrawals of your account funds.
How do I upgrade to the Premium status?
In order to obtain the Premium status, you need to remain a PM account holder for not less than three months and make a deposit of US $50,000 or more into your PM account.”

As you can see from the newsletter, PerfectMoney is trying to encourage the verification which is currently optional and charge the extra fees to account holders who for some reason refuses to do so, or don’t have enough of a rating yet to become a Premium member. Members who wish to maintain lower fees in PerfectMoney will have to verify their accounts in order to benefit, or else earn a Premium rating by building their reputation over time. As you may notice, those features don’t apply to the majority of HYIP admins who would not like to have their accounts verified and definitely have no desire to stay on Paying status for enough time to obtain a perfect credit score (a sort of trust level used by PerfectMoney). Therefore some admins will be forced to share their profits with the payment processor by paying the 1.99% fees instead of only 0.5% before. Of course the greedy HYIP admins will be forced to verify their accounts in order to benefit from the lower fees, but in that case their identities and personal details will be known to the PerfectMoney administration who, in the inevitable event of a scam, will be able to provide these details to the relevant authorities if required. The alternative would be losing more money on fees, which I believe many admins will be willing to do instead of revealing their true identities. They can always take the risk of verifying an account with fake documents, but in that case the admin risks losing all the funds held in PerfectMoney as the payment processor reportedly has a much stricter policy now when it comes to out-exchanges from HYIP accounts.

No one will give an admin a guarantee that his funds are safe in PerfectMoney anymore, neither if his account is verified on a false name or not verified at all which will be a perfect excuse to freeze his account and return the stolen money to the rightful account owners. PM never did this in the past, but have recently started doing so in some cases. If PerfectMoney actually continues like this, then the regular members will be only too pleased to verify their accounts in order to benefit from lower fees. At the same tie, no one forces anyone to do so, and if you wish to continue using your PerfectMoney account and paying higher fees you may to do so with no restrictions whatsoever. In any case, I believe the only “target” of these new increased fees are the fast scams that will be forced to share a higher percentage of their earnings with the PM administration. Regular users can just verify their accounts or simply continue as usual if they have Premium status in their accounts. In any case, this change will affect many short-term programs such as those offering the likes of 103% after 1 day plans. Some admins will find it a problem to offer such high returns anymore. Therefore, we may expect some changes in the industry soon.

In my honest opinion this event might only be the beginning, with more restrictions on the way for unverified and untrusted accounts. So what will you do, my dear readers, knowing that PerfectMoney increased their fees almost fourfold? That will be the next question for my poll which I’m asking on the MNO TalkBack page tonight. The new poll question is as follows:

What will you do with PerfectMoney in light of their increased fees?

– Nothing. I’ll pay the new 1.99% fee instead
– I’m going to verify my account in order to keep my 0.5% fee
– I have already my PerfectMoney account verified
– I already obtained Premium status and am unaffected by this

Let’s see what MNO readers think and I’ll be very grateful to hear your opinions on my TalkBack page. The last poll which was online for several weeks now showed PerfectMoney as the favored payment processor used most by readers for investing in HYIPs after the unfortunate LR collapse earlier this year. As of today, PerfectMoney scored 49.5% of the votes which makes it the leader and definitely the one that gained most after the LR closure. Second place went to SolidTrustPay with 35.5% and keeps a strong position in the business still preferred by many, especially among US clients which PerfectMoney is no longer accepting. Third place goes to EgoPay with 11.8% of my readers naming it as their favorite payment processor. Finally, less favorable payment options as BitCoin, PexPay, OkPay, HD-Money, etc. got a combined 3.2% of votes. I have started accepting PexPay for advertising purposes on MNO and am looking forward to getting an interview from the admin soon.

Now that that poll has been closed, I want to add a second question on a related topic to the other new poll mentioned above:

How do you think the increase in PerfectMoney fees will affect the industry?
The options are:

– It won’t affect anything and everything will remain as before
– It will affect mostly short-term programs with one day returns
– PerfectMoney will be used less in the industry both by the admins and members alike
– It will force people verify their accounts and make scams in general more difficult

As with the first poll, you can submit your vote on the TalkBack page and I’ll be very grateful for your active participation. Let’s hear what investors say and stay in touch, as the MNO community will grow stronger with your help!

POKERBYPROXY – MIXED RESULTS FOR THE LAST TWO DAYS OF OPERATION

As you might be aware from my recent review of PokerByProxy (click here to read it), the program is different from others not only by the fact that you can withdraw your initial principal in part or in full anytime, but also by the fact that you can sometimes lose money. While the possible daily profits in PokerByProxy could be as high as 25%, the possible daily losses could be 5% on any given day. While yesterday profits of slightly over 2% were reported, tonight was not so lucky as a loss of 3.8% was admitted by the admin. Well, this is just proved to be a real thing about the program as the admin isn’t afraid to admit his mistakes and “re-group” to make up for the losses tomorrow which will hopefully become a profitable day for PokerByProxy and its members. The latest newsletters are posted below and along with the daily results and their analysis you can also see the link to the MNO review which the admin gracefully shared with his members. By the way, stay tuned for another update on PokerByProxy tomorrow night where the admin will give away twenty $10 deposits exclusively to MNO readers who join the program under my link. For more details check out the PokerByProxy daily news tomorrow and be the first to take advantage of this great offer:

“Monday 9th September 2013
Result 2.02%
Report: First and foremost, I would like to announce that PokerByProxy has been reviewed by the famous investment blog, Money News Online. You can read Paul’s review here
Today’s Result
After what was probably one of our longest marathon poker runs yet, we managed to squeeze out a 2.02% profit for the day. Things weren’t looking good at the start, and at one point we were nearly 4% down, however thanks to a nearly 3 hour run at Poker Stars, we managed to turn things around and make out with an acceptable profit.
Today should serve as a reminder that not every day will be profitable here at PokerByProxy, and we’re bound to have some negative days in the future. We’re thankful that we managed to turn things around, however there will be days when we’ll have to cut our losses and settle for a negative return. Anyway, all accounts have been updated with today’s result!”

“Tuesday 10th September 2013
Result -3.80%
Report: After nearly a full week of positive returns, we unfortunately must announce that today’s result is negative. Despite our team’s best efforts, we were hit hard by a series of bad beats, which ultimately resulted in a negative 3.8% return. After losing 3.8%, we decided that it would be best to cut our losses, regroup and try again tomorrow.
You will notice that your account has been updated with today’s negative result, and your investment balance will have decreased. Not to worry though, tomorrow is a new day, and we’re confident that we’ll be able to return to our winning ways!”

EMPIREFINANCEGROUP – MINIMUM DEPOSIT INCREASED TO $100

Did you know that EmpireFinanceGroup (reviewed here) is the oldest program on the MNO Premium Listing and perhaps even the oldest in the entire industry? The program has been paying since June 2010 and managed to survive the LR crisis by paying their investors who initially deposited via LibertyReserve to other payment processors, namely PerfectMoney and EgoPay. Direct bank wires are also accepted by EmpireFinanceGroup, by the way, which could be good news for those who prefer to avoid processing fees. The only downside is that in order to make a deposit via Bank wire you should transfer at least $5,000 while to make a deposit via EgoPay and PerfectMoney you only needed $50 until today. This has changed though, as today it was announced that the minimum deposit to invest in the shortest 1.3% for 45 business days plan with principal back on expiry is now $100. The minimum to invest in the second plan paying 1.5% for 80 business days and 1.7% for 100 business days (both with principal returns on expiry) remains the same at $1,000 and $5,000 respectively. The unique position of EmpireFinanceGroup in the market (with over three years of stable payouts) kind of implies that the admin prefers to deal with more serious investors now that the program has certainly established itself as a relatively safe haven offering stable and instant payouts to members’ PerfectMoney and EgoPay accounts. Therefore I don’t think the increase minimum deposit will negatively affect EmpireFinanceGroup‘s performance. In the latest newsletter there were also some limitations announced for the members with more than $60,000 in their accounts (although I also don’t believe there’s any). S, I guess the second part of the newsletter is really kind of a trick to attract bigger investors into the program. And who could blame the admin of EmpireFinanceGroup for doing so? The performance can’t really be faulted up to now. Of course, it doesn’t make EmpireFinanceGroup any safer than any other HYIP, so as usual, just be sensible in your investments:

“Updated limits on deposits – EmpireFinanceGroup
Minimum deposit now is 100 USD.
Maximum amount of the deposits of one client is 60000 USD now. May be we’ll correct these amounts for several countries.
Option of the principal amounts reinvestment after deposit term ends is blocked for the clients having more than 100000 USD active investments in our system. It is so till the sum of active investments of the account is less than 100000 USD.
EmpireFinanceGroup Support Department”.

LOANCLICKS INTRODUCTION

After three months of stable payouts the admin of LoanClicks finally decided to upgrade the listing on MNO to Premium which entitles him to have a review on my blog. That will be tomorrow, but for tonight I just want to introduce the program and tell you the main features. LoanClicks pays a fixed rate of interest on every business day (Monday to Friday) which can be as little as 2% or as high as 3.3%. The duration of your investment is 80 business days and the original principal is already included in the earnings, so please take this into consideration when calculating possible earnings. The minimum to invest in LoanClicks starts from $30 which is accepted via PerfectMoney or EgoPay. An investor also has an option to invest via a direct Bank wire, but then obviously you will need a larger deposit. Another feature to consider when joining LoanClicks is that you are able to request your principal back even before the expiry date, but a hefty 25% fee applies for doing so. One of the most attractive features of LoanClicks is that it runs off a unique script with the instant creation of a $10 bonus on sign-up. It’s highly unlikely you will be able to withdraw any profits on that deposit before expiry though, as the minimum required to withdraw in LoanClicks is $10 and at the end the bonus deposit of $10 will be deducted from your total earnings in the program, so keep this in mind too. The admin also promises instant withdrawals, but it happened to me only a couple of times, while in most cases I was paid within 24-48 hours. More info will be in tomorrow’s review, but I can tell you that they include Master Key, Trader Panel Program, Multi-Level referral program, and so on. The admin of LoanClicks made a lot of effort so far to stand out from the competition and make his HYIP look different. Between the unique script, beautifully created website, prompt and timely payouts, two domain names registered until 2022, a dedicated and DDoS protected server operated by HostNoc, and an SSL-secured by Thawte website everything points to a serious admin who knows what he’s doing. 100+ days of stable payouts would be seen by some investors as a good selling point, while others would prefer to put money into newer projects. In any case, LoanClicks has been flying under the radar so far, and I believe that huge growth might be on the horizon for the fruitful autumn months. We’ll wait and see anyway!

GET PAID REPORT FOR 10/09/2013 

Here is the list of the programs from my monitor that paid me for the last 48 hours:
From MNO Sticky list: After90Days.
From MNO Premium list: PureIncome, EmpireFinanceGroup, RFIGroup, CatenaFinance, LocomotiveTrade, FidelisFinance, SolomonHit, SeedFunding, BillionairesGroup, RoyalTradeUnion, PokerByProxy.
From MNO Standard list:  –
From MNO Basic list: InvestmentCapital, StrongInvestment, NovaFastix, GulfInvestmentClub, TheInvestmentBank, CapitalForexBusiness.

That’s it for tonight, guys. Thanks for reading and see you all tomorrow with the latest news from the industry and a more detailed review of LoanClicks. And don’t miss the spectacular giveaway of $10 deposits by PokerByProxy‘s admin exclusive to MNO readers!