Beware! WealthersInc has stopped paying! Do not invest there!
Hi all! The end of the working week already (though the work never really stops on MNO!) and I must say it’s been a busy few days with new programs on my Standard and Premium Listings. More openings than closures anyway so that’s always nice to see and a positive sign for the industry at large. So the last program I want to tell you about before your weekend gets started and you start thinking over your plans is a longer term project called WealthersInc. It’s not strictly speaking a brand new program, being as it is over two weeks online now, though once you see the length of their investment plans that’s not going to be an issue. Also WealthersInc have only just expanded their list of payment processors so I’m guessing that may have been one reason they were waiting until now to ask for MNO Premium Listing. So before our final news update for the business week I would like to take a closer look at the finer points of WealthersInc and see if you think it might be worth your while taking a chance on.
I’ll get started as usual then with the investment plan – yes, there’s only one – which you can join for a very affordable $5 minimum. The WealthersInc went to some lengths to convince me his program was significantly different from others. I’ll explain in a moment why he thinks so and also why I disagree, though that’s not to say I don’t like it or that there isn’t a very clear twist in the tail.
So for your $5 deposit, or for anything up to a $10,000 maximum if you prefer, your money is committed to a term running for 120 business days (which is 24 weeks). During that time WealthersInc are offering a basic 1.5% interest payment per business day, Monday to Friday, for all investors regardless of the size of their principals. So the smaller player gets exactly the same rate as the bigger one. Over the course of the term this adds up eventually to 180% in total. On expiry then WealthersInc promise to add your own initial principal on top of that, leaving you with your own money back plus the 180% as net profit.
But this is the twist – 1.5% per day is only the guaranteed minimum payment WealthersInc are promising to all members. There are substantial bonuses available that could raise your payment to as high as 2% per day. To put that into perspective over the course of the 120 day term that’s a potential 60% improvement on the basic offer. So what do you need to do to avail of this offer? Well, it’s all about promotional work . If you are in any way adept at picking up any kind of a downline in online HYIPs, be they friends and family or just other online acquaintances you sometimes deal with, WealthersInc will increase your daily interest payment by 0.05% for every additional member you have joining under your ref link with an active deposit. This will be awarded until you reach a maximum payment of 2% per day. So it only takes having another ten members in your downline to make up the extra 0.5% to avail of the maximum payout rate.
Of course, when I say “only” ten members in your downline that’s easy for me to say as a monitor, and that’s why I differ in my opinion with the WealthersInc admin as to the uniqueness of his program. I mean there’s nothing wrong with the plan and nothing to complain about with the incentive, in fact I think it’s a great idea to try and get members more actively involved in the programs they join. It’s entirely in their best interests to do so after all. But as the overwhelming majority of regular investors wouldn’t be all that concerned with promotion I can only see monitors being the main ones to gain here. Monitors and multiple account owning self-referral cheats who think they can get away with a quick scam of their own. But we’ll see how it plays out and whether I’m completely wrong about the whole thing, and I really don’t mind if I am.
If that’s the type of thing you are looking to add to your portfolio at this time and wish to sign up to WealthersInc‘s plan then your payment options are up to an acceptable industry standard. It’s true that more and more HYIPs are looking into newer less traditional payment methods – a combination of fallout plus self preservation from the LibertyReserve closure I guess – but at least WealthersInc do have what are still by far the biggest providers servicing the HYIP industry with SolidTrustPay, EgoPay, and PerfectMoney. To make a withdrawal from you account once you receive an interest payment you will need to log in and make a request. However something that will probably appeal to a lot of potential clients is that WealthersInc are making instant payouts, something I can vouch for myself having received my first ones already. So just log in, make the request, and the money should be in your payment processor account in under a minute. Apart from that the only other major point I can think of about the plans is the option of compounding. Never something I was that excited about myself, it’s up to you whether you wish to take WealthersInc up on their offer or not.
On the more technical side of things such as web design and hosting, WealthersInc is running off a script licensed from HYIP Craft. Perhaps not an everyday name in the industry but all the same one that’s been used by some successful programs in the recent past. Not that that implies any connection you understand (though it can’t be ruled out either as despite being commercially available it’s not a widely used product), I only mention it in relation to WealthersInc at all to give a general idea of the appearance. Overall though it’s quite easy to navigate and designed to a very professional degree. Hosting is on a dedicated server with the support and protection of Koddos. The WealthersInc website is fully SSL-secured by Comodo for an extra layer of protection, and if you have any further questions you don’t think were explained here or any account related problems then the admin can be contacted directly by filling out the online customer support form and submitting via the support page.
There’s no real information, nothing worth repeating anyway, about any kind of business plan or strategy supposedly backing the whole thing up. Not that I’d suggest you spend too much time looking around for one anyway as you’d be unlikely to verify it. Better to regard WealthersInc as you would any other anonymous online venture because you won’t be able to trace either the admin or your money after it’s been spent. The same rules apply here than as with all other online HYIPs insofar as you need to establish a spending limit that is affordable to your own means and that won’t hurt you were you to lose it, and if joining WealthersInc at all then keep them as a smaller part of a wider more diverse portfolio.
DAILY NEWS FROM THE HYIP INDUSTRY
INVGLOBAL – TWO MONTHS ONLINE AND REPRESENTATIVES WANTED
InvGlobal (reviewed here) is one of those programs flying under the radar during its first months online, but are always paying fine. Although the first investors from the 1.2%-2.5% for 120 business days plan with principal return on expiry are yet to break even, the flawless instant payouts to EgoPay, PerfectMoney, and OkPay from the program over the first two months online inspired some cautious optimism in a bright future. To celebrate 60 days online the admin Fabienne issued the first big newsletter where he told us more about the investment activities of InvGlobal Ltd to “purchase abandoned buildings and shops in Africa” and reminds us that InvGlobal Ltd is a legal company for some bizarre reason registered in the Seychelles which has nothing to do with its investments apparently. Anyway, I guess MNO readers know the risks connected with investing in HYIPs and won’t believe any claims of investing money somewhere other than the admin’s pocket, but to some extent I believe that such a story is better than the traditional fairy-tales of making money in ForEx markets.
If you like how InvGlobal is going and are familiar with how they operate the admin invites you to join the representatives program launching soon to assist members in local markets and increase their exposure. If you think you have enough expertise to qualify for a position you can email the admin at the address in the latest newsletter from InvGlobal below:
“InvGlobal 2 Months Online
InvGlobal was open to public on September 10th. It is our 60-day celebration today.
We would like to say thank you to all of our members and partners. InvGlobal ltd is a REAL LEGAL registered private investment company in Republic of Seychelles. We will upload more evidences soon for all of you to check online. In fact,we haven’t attracted enough investors to join us as we expected in the first 2 months. Maybe it is because our payment ratio is a bit lower than investors’ expectation. We offer 1.2%-2.5% daily profit for 120 business days and principal returns. We also have an instant withdraw system. We accept Perfectmoney, Egopay and OKpay at this time. Our main business is to purchase abandoned buildings and shops in Africa. We always believe that more and more investors will join us because no one will miss a stable paying company.
Now we have phone support and live chat. In order to give investors a better support,we are ready to open our representatives system. Our representatives system gives new investors a chance to ask questions to InvGlobal experts in their local languages and receive guidance on the entire process of making an investment, it was the best way we found to allow new investors, not used to online investments, to join us and also earn. If you have invested in InvGlobal for a while, have known InvGlobal ltd very well, and think that InvGlobal ltd is good enough, you can send a support ticket to admin@inv.bz to apply to become one of our representatives in your countries. If you are one of our representatives,your contact info and your referral link will be placed on our ‘InvGlobal‘ page. Then you can have a chance to earn thousands dollars of commissions every month.
Best Regards Fabienne Borde
Admin InvGlobal and CEO InvGlobal ltd”.
RFIGROUP – BITCOIN ACCEPTED AND TOP FIVE POLL INCLUSION
You may remember the main point of yesterday’s review of DublinCryptoriumLimited (click here to read it) was the ever growing popularity of Bitcoin and its unique features like total anonymity and the lack of a central control centre that protects it from outside interference. If it stays that way then there’s no long term competitors to Bitcoin in the HYIP market. I’m glad that more and more programs on the MNO monitor realize this and are willing to satisfy investors’ demand for this currency by adding them to their programs. The latest example of that current trend in the industry is RFIGroup – a program that re-claimed its spot in Top Five most popular programs among my readers after the demise of EmpireFinanceGroup. BitCoin is now accepted by RFIGroup along with EgoPay and PerfectMoney and direct bank wire deposits. Usually the minimum to invest in RFIGroup starts from $10, but for Bitcoin that wouldn’t work due to its fluctuating exchange rates. So RFIGroup accepts Bitcoins starting from a $10 minimum, but only at the proper exchange rate which they’ve had built in to the script. RFIGroup is still accepting deposits into two plans paying variable returns and principal back anytime (explained in my detailed review posted here) and a further three investment plans with principal back on expiry – 1% for 100 business days, 1.6% for 130 business days, 2% for 150 business days. RFIGroup always pays instantly and during its first nine months online won many fans because of it. So I decided to include RFIGroup in the ongoing poll on my TalkBack page and ask readers to vote if they haven’t done so yet. You can cast your vote for RFIGroup or any other program from my Top Five, so please do so here. As EmpireFinanceGroup was recently dropped for obvious reasons I have decided to extend the poll on my ShoutBox for a few more days, so you can still vote for your favorite program and also rate the MNO monitor from one to five. Please do so here, and I look forward to your votes, guys. As for RFIGroup, the recent news of Bitcoin is included below:
“We have added Bitcoin currency as a payment method
Dear customers,
We are pleased to announce that we have added Bitcoin currency as a payment method. Bitcoin popularity growing bigger day after day and currently it is the most promising e-currency on online market. Bitcoin rate is getting higher after almost every trading session. We are getting current rates from BTC-E Bitcoin exchange. We wish you all high profits both with RFIGroup and Bitcoin currency.”
POKERBYPROXY – LATEST RESULTS ANNOUNCED
Sadly for many investors tonight’s results in PokerByProxy were negative with investments losing almost 4% of their value. There’s nothing to worry about as it happens occasionally (maybe about once a week) and I guess after the lengthy newsletter last night were too exhausted to concentrate on the activities allegedly making money for investors. A detailed report from PokerByProxy‘s admin Patrick (interviewed on MNO here) was published just an hour ago that you can read below:
“Friday 8th November 2013
Result -3.98%
Report Every now and then it seems that you have a day where nothing seems to go as planned, and today is one of those days. The poker team started the day around 10am and jumped right into Zoom poker, hoping to make a nice and quick return, with hopes of finishing early and spending the rest of the day relaxing. Unfortunately that didn’t happen, when a bad beat occurred within the first 10 minutes of play. The team immediately went into recovery mode, trying to make up for the loss, to avoid having to report negative earnings for the day, however after playing for an additional 3 hours, they just couldn’t seem to make it happen. Having no luck with Zoom poker, they decided to head over to the sit and go, single table tournaments, in an attempt to make the day a good one, but things continued to stagnate. At one point the team was down approximately 4.6%, but they managed to make a slight recovery, ending the day down 3.98%. A bit of a disappointment, but only our second negative day for November, so not that bad overall.
All accounts have been updated with today’s loss. On the customer support front, Jack had an appointment this morning, and has just returned. He is currently working through the pending support tickets and anyone waiting should expect a reply within the next 7 hours.”
PokerByProxy (first reviewed on MNO here) offers an extreme level of flexibility. Deposits can start from $25 and are accepted via PerfectMoney, EgoPay, SolidTrustPay, BitCoin, HD-Money, PayPal, e-Transfer, Bank wire, or Western Union. As losses do happen but are rare and capped at 5%, usually your account will grow and on the better days and can possibly reach 25% per day. The big advantage of PokerByProxy is that you can adjust your investment strategy by withdrawing your principal or any part of it anytime you like and be paid to your e-currency accounts within 24 to 48 hours. Thousands of investors already spotted an enormous opportunity here and made very decent profits by tweaking their strategy from time to time to their liking. Although PokerByProxy has been online for just over two months, they got a lot of attention from readers and only narrowly missed the #1 position on my Premium List. Let’s hope the rest of the weekend will bring better results and as always I’ll keep you updated right here on MNO regularly.
SOLIDTRUSTPAY – BANK HOLIDAY AND DEBIT CARDS SENT
Please note that SolidTrustPay‘s support will be on vacation this coming Monday so you won’t get any response to your support tickets until after that. If you don’t know then next Monday marks Remembrance Day in Canada which is an official bank holiday there. And as that’s where STP is operating from, those are the holidays they observe. I remind you that SolidTrustPay is one of the most popular payment processors in the HYIP world and that you can read more about that in my interview with their CEO Stella published here. You can also open a free account here for many direct and convenient deposit and withdrawal options. Below is the latest update posted on the official SolidTrustPay blog:
“Customer Support Closure – Remembrance Day (Monday, Nov 11 2013)
Please be advised that SolidTrust Pay’s offices will be closed on Monday, November 11, 2013 to observe Remembrance Day in Canada.
As this is also a Canadian banking holiday, customers are reminded to add an extra day of processing time for deposits, withdrawals, and e-currency exchanges.
For a complete list of STPay Customer Support Holidays / Closures, please visit our online Holiday Schedule.”
In other news from SolidTrustPay I have an update on the International Debit Card. You may remember that anyone with a card from their last provider LoyalBank was able to sign up to get a free replacement card from their new provider, the Cyprus based PaySpark. I’m glad to report that mine was received by in the post and successfully activated following the instructions given to me by PaySpark. Although at the moment the option of requesting a withdrawal to those cards is still disabled in STP and therefore you can’t really use the card, it should be activated soon. As per my request, STP support replied to me and said that the withdrawal option would be available soon and that they will send me an update as soon as it’s done. I will keep you updated on any further developments as I get them.
PEXPAY – HOLIDAY NOTICE FOR UPCOMING MONDAY
Please note that PexPay will also be on vacation next Monday, though for a different US holiday in Veterans Day which I guess is more or less the same as the Canadian Remembrance Day. As PexPay processor is officially incorporated but not physically based in the US, the customer support will not observe the holiday and the site support will be available as usual. However, please note that all banking related fundings and withdrawals will be extended for one day in lieu of Veterans Day in the US. I remind you that PexPay is currently accepted by three of the 32 programs currently monitored on MNO. PokerByProxy has however announced that PexPay would most likely be their next addition to an already extensive list, and I think others might follow. If you wish to read more about PexPay please check out my recent review with its administrator (posted here) and you can create your account free of charge here (please note that as with STP you will need to verify your account with PexPay in order to take full advantage of it). Here’s the latest newsletter from PexPay regarding the expected delays:
“Holiday Notice
Hello PexPay Customer,
Our bank along with the Federal Reserve will be closed on Monday, November 11th for Veterans’ Day. Any transactions initiated on Monday, November 11th will not be processed until Tuesday November 12th. The same restrictions are also in place for wires. Any wires processed November 11th will be processed on November 12th. If you should have any questions, please feel free to open a support ticket. We will still have staff available on the 11th for all non-related banking support.
Thank You, PexPay
Your Bridge to Anywhere”.
PERFECTMONEY – ANDROID APP RELEASED
Another popular payment processor which unlike STP is totally anonymous and doesn’t not usually require verification from members – PerfectMoney – has released an Android App recently, possibly realizing that to improve their position in a fiercely competitive market they need to stay in touch with the latest trends. You can now download the free app in Google Play and start using it on your Android-powered device as well. After the demise of LibertyReserve earlier this year PerfectMoney still remains possibly the second most popular payment processors and is increasingly popular among HYIP monitors and investors playing with small amounts. Please note though that due to the recent fee changes new PM accounts and unverified accounts both pay a 1.99% fee in comparison to 0.5% only for sending funds from their accounts putting PerfectMoney almost on a par with STP and EgoPay. However the verification process in PerfectMoney is very simple and quite likely just a formality to avoid the scrutiny of law-enforcement agencies that so abruptly put an end to LibertyReserve’s reign. So if you have an appropriate device and would try to add this new Android App for your PerfectMoney account please see the latest update from PerfectMoney on their website:
“Perfect Money presents the Android OS app!
We are glad to present yet another application designed to improve your customer experience while using Perfect Money. Android OS device owners will find the mobile application extremely useful when performing nearly any Perfect Money account management tasks (click here to download).
In terms of user friendly interface, this application is very similar to iOS, while incorporating a number of unique account management features:
– create/sign into your Perfect Money account
– make P2P payments
– currency exchange
– quick transaction history overview
– deposit and withdraw money from the system
– activate/buy Perfect Money e-Vouchers
– add new accounts
– request support tickets
Android OS app will bring the best of Perfect Money account functionality right into your mobile device.”
GET PAID REPORT FOR 08/11/2013
Here is the list of the programs from my monitor that paid me for the last 24 hours:
From MNO Sticky list: –
From MNO Premium list: PureIncome, GeniusCapitalLimited, CatenaFinance, RFIGroup, BillionairesGroup, InvOil, BestEight, InvGlobal, MutualWealth, KeystoneLoansDivision, DeltaTraders, DublinCryptoriumLimited, WealthersInc.
From MNO Standard list: IncomeAlways, SixaLimited, IndustrialInvestGroup, PipsinInvestments.
From MNO Basic list: GulfInvestmentClub, InvestmentCapital, WelorTrade, StableProfit, Brows&Co, ValuePathFinance, ThaiMonetaryFund, Financ (the first instant payment received).
That’s it for tonight, guys. Thanks for reading and enjoy your weekend. As I’m going to be busy myself I’ll be posting again only on Sunday so expect another update then. However if you have any questions or urgent issues to report you can do so via my Contact page to get a reply within 24 hours, as I’m always happy to hear your feedback and help you out if I can. Bye for now and see you all soon!a name=”pex” promise to . So before our final news update for the business week I would like to take a closer look at the finer points of /a
Filed under Daily News, Reviews by on Nov 8th, 2013. Comment.
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