23/04/2010. MoneyMakersGroup Review and Other News

BEWARE! THIS PROGRAM HAS STOPPED PAYING! PLEASE DO NOT INVEST!

Hi everyone! Looking forward to the weekend I hope. Anyway, before we get to the news I’d like to take a look at a new short term HYIP game called MoneyMakersGroup. I know, I had to look twice at the name as well! Obviously the admin is taking advantage of the good name of the popular investment forum but there’s no connection there. In fact MoneyMakersGroup have their own discussion thread on the MMG forum and the admin contributes regularly so I don’t think anyone has a problem with them calling themselves that. Most likely they are taking it in good humor, but hey, what’s in a name as long as they pay on time, right? Actually all it did for me was cause confusion when I put their name into Google and all I could get was info on the MMG forum!

Not to worry, I think I got it figured out now! So MoneyMakersGroup are online this last few days and have been getting a fair share of enthusiasm among the investing community. It’s not really difficult to see why of course, for better or worse programs like this are always going to get to their target audience. They know what the public want (which is only one deciding factor) but they also know how to present it and deliver it. I mean the plans are fine but anyone could come up with that. Getting people in the door so to speak and getting those plans to work is a whole other matter.

So there’s three short term plans and they all have a sort of autosurf style about them that has proved so popular with investors in the past. They can best be described in just two words – simple and profitable. Profitable for the admin anyway, but profitable for you too if you join at the right time.

The first of the three plans is called The Copper Plan and it’s open to deposits between a minimum of $10 and a maximum of $99. The investment term runs for 12 days and MoneyMakersGroup offers you a daily payment of 10% interest on that. This includes your principal so you will break even on day ten and complete the cycle with a total of 120% of your original spend. Or in other words 100% principal plus 20% profit.

MoneyMakersGroup then offers what they call The Silver Plan. The investment term still runs for 12 days but the minimum investment goes up to $100. In return you are now offered the increased rate of 11% interest per day with your original principal factored in. It still takes ten days to break even, but you’ll finish up with a total of 132%. Maximum spend is $999.

And finally for the big spenders out there, if you’re prepared to risk a minimum deposit of $1,000 there is The Gold Plan. Just like the others the plan runs for 12 days and makes daily interest payments. This time however MoneyMakersGroup is offering 12% interest per day (principal included) so it takes nine days to break even and you finish with a total of 144%, or 100% principal plus 44% profit. There’s no doubting that a thousand bucks is a lot to ask, especially these days but in this case I wouldn’t be too surprised if MoneyMakersGroup find a couple of takers. The plan has always been a popular one with sites that offered it in the past (and there was dozens of them) as long as the program is well organized. Maximum spend is $10,000.

I should also point out in relation to the plans that MoneyMakersGroup is using a script from Neversay. As I’m sure most of you are already aware joining a program with this script usually entails you buying individual shares at a certain price. In this case however it’s just a dollar each so if you want to invest let’s say twenty bucks you just buy twenty shares.

The list of payment options is OK. Room for improvement but considering this is a high risk short term HYIP it’s fine. GlobalDigitalPay, LibertyReserve, PerfectMoney, and StrictPay are all in use. All of them are OK and all have their uses. What they don’t have however is a chargeback system in the event of you losing any money in scams so keep that in mind as well and spend accordingly. Payments are manual so you’re going to have to request them. The admin asks that you allow up to 24 hours for it to be processed but in my own experience he’s been a lot faster than that. I guess he will be while the program is still new.

I have to say I really like the MoneyMakersGroup website. It’s quite flash but has substance as well as style and looks really professional. Better though is the use of SSL encryption as certified by Comodo to protect the accounts and the use of a dedicated and DDoS protected server for hosting. The provider for that is Koddos and the script as I already mentioned is licensed from Neversay. Customer support is decent enough as well with a Live Chat feature available (though not 24 hours) in addition to the usual e-mail support ticketing system. The admin is active on the various forums as well. He is at the moment anyway.

One thing that’s conspicuous by its absence on the MoneyMakersGroup website is any formal claims about being involved in some sort of business or investment activity. And in my opinion that’s most welcome. No excess baggage and no need for one barefaced lie to cover up another one that is so rampant in this business. So kudos to the admin for that and he gets a bonus point in my book for being one of the few that present an online HYIP to you exactly for what it is – an online HYIP! You always know where you stand with guys like that and nobody is going to deny the risks involved if you insist on playing these games.

Some people will lose, some people will win, but everyone gets a fair chance and if you act on it at the right time your chances of success are greatly increased.

OTHER NEWS FOR TODAY.

There seems to be high anticipation of my review of MoneyMakersGroup because even the admin of the program wrote about it in the first newsletter sent to the members (lucky for him it was favorable lol!). Besides that anticipation reflected in that newsletter the admin also gave us some stats based on which we can see more about the success of the program which is only three days old. They have also created a few interesting contests with good prizes that will keep the members’ interests on high. Here is the newsletter which will be of interest to all the current members of MoneyMakersGroup as well as potential members:
“Dear Money Makers, We welcome you all to the family of MoneyMakersGroup. We would like to thank you all for choosing us instead of all other options.
We are now just 72 hours old. The amount of attention we are getting is marvelous. Let us come to the quick stats first.
Total Members: 158
Upgraded Members: 83
Total Deposits : $5419
Total Withdraw : $767.37
That shows how good program we are in this volatile conditions. We are listed over 20 famous monitors and 4 famous blogs including MNO. The amount of support we are getting from our members in forums is exceptional. Looking forward to see your continued support. You will be rewarded for that soon.
Here comes the first promotion: The member who will take us to the land mark deposit will be rewarded accordingly. Will give you an example.
The member who takes us to $10,000 mark will be paid $75 & his sponsor will be paid $25 via cash balance which they can withdraw immediately.
The member who takes us to $20,000 mark will be paid $75 & his sponsor will be paid $25 via cash balance which they can withdraw immediately.
This reward will continue for every 10k. The winner will be announced immediately after reaching the landmark. Stay tuned for that.
Now the second promotion. The first best post on MMG & DTM forums will bag $3 everyday. The second best post will bag $2 everyday. Winners will be paid daily accordingly.
We are planning to add more payment processor options in coming days.
Now the big news is MoneyMakersGroup is getting reviewed by Money-News-Online today. Stay tuned for that.
We are available over live support for 18 hours a day. Feel free to contact us if you need any clarifications via live support or mail support.
Finally we assure you that we will live up to your expectations and deliver the required results in coming days.
See you all later.
Thanks. MoneyMakersGroup”.

The admin of StaunchFinances which I consider to be one of the most innovative new HYIPs was so kind that he put the recommendation to read my detailed and comprehensive review of his program published on my blog yesterday. If you still hasn’t done so you can see it here:
“MONEY NEWS ONLINE, the most reputable money making blog/monitor posted a glowing review of our site. Please click on the MNO logo above to read it! Thank you Paul!”

Today I also received the first newsletter from Brent, (the admin of StaunchFinances) who I hope to interview for my blog soon. You will be able to read about a little bit about the admin himself and the support staff who will be answering your support tickets and be in Live chat with you if it’s necessary. Please also note that the interest for both short-term (20% for 6 days) and long-term (2.5% for 56 days) plans are only credited on business days. So you will not receive your interest on Saturdays and Sundays. Also Brent mentioned that some promotional contests would be coming soon and considering StaunchFinances is not his first program we might expect something unusual from such an experienced admin. The latest news and updates about StaunchFinances can be read in the newsletter below:
“Hello members, First of all, I would like to thank you all for the wonderful reception you have given the program since launching last April 21st. Many of you have chosen to support the program and make money with us. Trust me when I say that you will not regret your decision!
For those that don’t know me yet, I’m Brent Shackling, also known as ‘bshack’ on many different forums. I have the honor of being supported by two amazing people, Sue and Amanda, to make sure that support doesn’t get out of hand. We would love to serve you and give you the quickest attention on any questions or issues you may have. As you can also see, we’ve added the option of Live Chat Support on the main page, please use it when any one of us is online to get instant support.
Secondly, we have been getting extremely glowing reviews from different blogs and monitors.
Please do take time to read one or all of them. A lot more is coming up as interviews are on my next agenda. As always, I will keep you updated.
Thirdly, Contests are coming soon!
Fourth, just a reminder, earnings are only credited during business days (Mon-Fri). No earnings will post tomorrow and Sunday server date.
And last but not the least, please do read our FAQ’s (https://www.staunchfinances.com/faq.php). We are receiving a lot of support questions about the program when the answers are clearly given there.
Thank you and have a great weekend! Brent”.

I received also three updates from the admin of IntermedInvestments which recently got into the top 10 programs on MNO due in part it must be said to some recent closures but also partially due to their growing popularity. Today though saw a major obstacle arise when AlertPay suspended the program’s account. The reasons for that should be investigated further but I suppose it has something to do with the confirmation of the verification usually asked by AlertPay staff of some program admins. There will be an ongoing process though before the admin could use his AlertPay account again. So the members of IntermedInvestments (reviewed here) who deposited into one of the offered plans (1.25%-1.75% for 100 business days or 7.5%-10% for 20 weeks) via AlertPay are required to follow the instructions if they want to receive their payouts faster via LibertyReserve or StrictPay (1% withdrawal fee will be applied in that case). Please read more about that in the first update from IntermedInvestments:
“Communication is key in this industry. Therefore, I have a few important notices to communicate with our members.
PAYMENT PROCESSORS
It appears that our program has been a victim of random suspension of accounts by AlertPay. As of yesterday, I receive the message “access has been restricted” when attempting to login to our AlertPay account. I have submitted a contact request to AP, but that may take a few days. I’m honestly not sure what criteria they use for account suspension. Our balances in that account are never very high. We have paid consistently so there should be no complaints from investors. I’m starting to think AP uses the alignment of the stars to determine who gets suspended!
Regardless of the reason, I am unable to make payments from AP at the moment. This requires an immediate remedy, since our members are unlikely to be forgiving if payments stop from this processor (even if only temporary). Therefore, the following offer is on the table:
Those with AlertPay account balances may request their withdrawals in either LibertyReserve or StrictPay instead. My employers have funded our LR and SP accounts with some extra funds for this purpose. These will need to be done manually, so here is what you need to do, in order of how you do it. PLEASE – follow the instructions carefully.
1. Request your withdrawal to AlertPay as you normally would.
2. Make sure you have a valid LR or SP account number listed on your account. You may check this by clicking “Edit Account” in the member area, and filling in the blanks. (IMPORTANT: No account number changes will be authorized for this. If you have the wrong account numbers listed for SP or LR, you will simply have to wait until AP is available again.)
3. Send an e-mail to administration@intermed-investments.com with your Intermed ID Number, login E-mail address, and the processor you wish to use instead of AP (LR or SP).
That’s it. I will take it from there. You will receive your withdrawal within 48 hours of your e-mail. Because I will eventually have to transfer funds from AP to LR/SP to balance out the accounts once this fiasco is cleared up, there will be a nominal 1% charge deducted from your withdrawal to cover the eventual transfer fees I will incur.
Your other choice, rather than requesting the exchange, is to wait for AP to be available. I will be honest – given the history of these suspensions, there is a good chance AP will not be available again. If that happens, I will make an announcement and you will be allowed to have your deposit transferred to another processor.
For those who have not yet deposited, but were considering using AP, DON’T! I cannot disable AP in the script, because this would disallow withdrawal requests as well. Until I figure out how to disable only deposits from AP, please don’t use this processor – your funds will not be available to me, nor will I be able to refund them until I have access to the account.
IN OTHER NEWS (and on a happier note)
Our new design is almost ready for upload. I don’t want to make too big a deal of it – you may not like it. I just don’t know. But we’re ironing out a few glitches before changing over – I will announce when this is to happen. There should be NO interruption in your ability to access our website or login. What you MAY see is some funky design issues (combinations of the new and old design, for example), but this should not affect the functioning of the site.
Have a great weekend!
Regards, Terry Jameson. IntermedInvestments.”

The second update I received from Terry (interviewed here) today was sent regarding the downtime of another payment processor which the program is using – GlobalDigitalPay. According to the website of GlobalDigitalPay they are undergoing scheduled maintenance work and will be back online soon. Anyway, please note that due to that all the withdrawals requested from IntermedInvestments using GlobalDigitalPay would be delayed while the site is offline. Here is more news from Terry:
“A less urgent issue, but today is NOT a good day for payment processors.
The GlobalDigital Paywebsite, as of the time of this e-mail, is not available at all. You may check this at www.host-tracker.com if you wish.
Therefore, all GDP withdrawal requests are on hold until the website is up. I expect this is related to some upgrades they were performing yesterday, so it should be short-lived.
Please allow an extra 24 hours for these requests. If GDP is still not available at that time, an offer similar to the current AlertPay offer will be considered. But NOT YET. (So, please don’t ask. I will let you all know!)
As always, if waiting is absolutely not acceptable to you, please contact me and I will consider other arrangements.
Again, sorry for the inconvenience.
Regards, Terry Jameson. IntermedInvestments.”

The third and the last email from IntermedInvestments today gave more detailed instructions to the members on requesting their pending AlertPay withdrawals to LR or SP. Many people were confused about how to do it properly so Terry send a clarification email which you can read below:
“A quick note, as a large number of members have been requesting their account numbers be changed to SP or LR instead of AP – This was to be expected, and requests are being handled quickly. But just a few reminders:
1. You MUST have a pending request to AlertPay FIRST in order for me to change your processor. Please DO NOT send me an e-mail regarding FUTURE withdrawal requests. If you send such an e-mail, but do not have any pending withdrawals with AP, your e-mail will be deleted. Please send another e-mail once you have requested an AP withdrawal. (It is not my intention to be rude about this, but I’m going to be overloaded with requests as it is and this will only delay the processing of valid requests.)
2. Please, when you send a request, SPECIFY whether you want LR or SP. Don’t make me guess. Telling me either/or will not speed up the process, and I don’t want there to be any miscommunications.
3. Remember to include BOTH your User ID and your User e-mail address with your request.
4. You, and only YOU, must add your LR or SP account numbers to your account. Remember in my e-mail I stated that NO ACCOUNT NUMBER CHANGES WILL BE AUTHORIZED. If you have no account numbers yet, you can add them by clicking on “edit account” in the member navigation panel. If you have the wrong account number for both LR and SP, you are currently going to have to wait for AP to be available, since changes are not allowed. This is for the security of your account!
Remember, I also said that if this becomes a more permanent situation (i.e., AP is permanently restricted), another announcement will be made with instructions at that time.
Thank you for your consideration.
Regards, Terry Jameson. IntermedInvestments.”

It seems the previous email from the admin of WWFD program (reviewed here) also didn’t hit the target as many members didn’t do what they were required to (i.e. change their accounts due to a hacking attempt on the script). So especially for those members the admin of WWFD sent this clarification once again:
“Hello, We sent many emails about check your e-currency account numbers, But many members don’t change it yet!!!
Please check your e-currency account numbers such as LR, PM and etc and change it, if it is not your account number.
IMPORTANT: We didn’t own you any responsibility and all the damages is up to the users fault…
Best Regards, WWFD Incorporated LIMITED”.

You might notice that ForexPaidMe (reviewed here) has been online for 2 weeks already. I would like to congratulate the admin of that program on that amazing achievement. The thing is ForexPaidMe is an extremely short-term program paying on the following plans: 5.5% for 19 hours, 105%-130% after 1 day, 55% for 2 days, 112%-165% after 2 days. The payouts to both LibertyReserve and PerfectMoney payment processors have been instant so far and I don’t remember seeing any complaints on the forums about it. More about ForexPaidMe can be read in my interview with the admin published here.

Although I did receive and verified some complaints to the programs which I had to move therefore to Problem status on MNO monitoring. I’m talking about Oico and LiveProfits. Please do not invest in these programs anymore.

I would like to thank everybody who submitted complaints about those programs and assure you that MNO does its best to keep you up-to-date on the programs that are paying selectively. However, I can’t place a program to Waiting status if I don’t have enough proof from my readers. So the procedure of moving the programs to Problem is the following: if you are my referral in one particular program all you have to do to get me to help you is to contact me with the details of your pending request and I will contact the admin on your behalf and try to help you. Sometimes my interference is enough to speed up the process of paying the pending amount. If you’re not in my downline in a program you will have to show some proof by allowing me to access your account in the program to verify you’re telling the truth. After I see that you really have an unpaid and overdue withdrawal request in your account the program will be moved to Problem status on MNO as well. Be sure that MNO does not tolerate selective payouts and so the admins who commit this will have their programs moved to Problem status and their banners suspended without refunds. So please think twice before paying selectively if you advertise your program on MNO!

Please also remember about submitting any questions you would like to ask Stella, the admin of SolidTrustPay. Stella was kind enough to agree to a “Q&A” session with the readers of MNO so get your thinking caps on! Stella will be glad to answer all your questions on STP, payment processors, or I’m sure to the extent she has knowledge the online investments industry in general. There’s been some interest but so far I received only one really interesting question. So I’m still waiting and hoping that you, guys, won’t make me come up with all the ideas myself, lol. Thanks in advance and I hope to make interview interesting for you to read. STP has been a really good choice as a payment processor so far and if you think about where to put part of your funds SolidTrustPay is definitely the place to go. So take advantage of the opportunity here and send your questions to my e-mail address. Just make sure and put something like “STP questions” in the subject bar.

I have added one more program to my monitoring tonight which hopefully I will review on my blog tomorrow. CharterInvest is a program with a very interesting story behind it – allegedly a company which provides chartered airplane flights. Well, it’s hard to believe that but at least after boring Forex stories this one looks fresh and entertaining. CharterInvest will pay you between 5% and 6% daily (depending on the amount invested). You will be receiving your payouts for 30 days after which your investment will expire. Please note that the principal is included in daily profits and will not be returned. The minimum to invest in the program is very affordable $5 which can be made via LibertyReserve, PerfectMoney and AlertPay payment processors. CharterInvest is running off a licensed GoldCoders script so all the payouts should be requested daily. It has an SSL-encryption of the accounts and is hosted on a dedicated Staminus server with DdosWiz protection so the security is up to a high standard. I will be looking forward to reviewing CharterInvest on my blog very soon.

Here is the list of programs that paid me over the last 24 hours:
SureBetInv, Aballong, SolidTrader, ArbsTeam, StaunchFinances, MoneyMakersGroup, AlphaMoney, EuroNanoInvest, HYIPnet, StarxInvest, BetExpekt, DollarTime, TrueEarn, FinitInvest, Rags2Richness, WestFinance, ForexPaidMe, AtoxFinance, InvestAward, IncoForex, MoneyPlus, PenninesFunds, Plents, IntermedInvestments, AvaInvestment, YingYangInvestment, PrimaryPool, DynFxTrade, EzProfit, GoldenInvestment, YesInvestment and WWFD.

That’s it for today, guys. I hope to see you all on my blog tomorrow. I wish you all a very pleasant and relaxing weekend ahead!