03/06/2011. Daily News from the Industry

Hello all! I hope you’re all pleased at the end of the first business week of summer and are looking forward to a well deserved weekend of rest and relaxation, or maybe something a bit more lively if you prefer. Anyway, for those keeping busy with the HYIP industry, don’t worry as MNO (just like the industry as a whole) doesn’t take days off and whenever there’s news to report then there is MNO is where you will find it.

We’ll start today with another update from EliteAlliance (reviewed here) and its admin Leon Reiter (he was interviewed on MNO here). I must say that EliteAlliance never ceases to amaze me with its stable performance despite all odds. After having been monitored on MNO for almost four months EliteAlliance managed to reach the #2 spot in my monitor rankings and I have over 570 satisfied members referred so imagine how many members are there in total (remember that in order to join the program you must sign up under another member’s invitation as it’s supposed to be a private investment club). So every week I can see that the payouts may be processed faster and sometimes a bit slower. Occasionally they even drift outside of the 48 hours guaranteed in their terms and conditions, though not by much. Anyway, I realize that EliteAlliance probably have a lot of business lately, and that’s why the payouts might be delayed sometimes. Apart from that their performance has been nothing by fabulous during those four months of monitoring and I think it absolutely deserves the right to be in the top three most popular programs on MNO. I remind you that EliteAlliance is paying on four investment plans on expiry with the minimum of $10 for each plan – 111% after 7 days, 125% after 14 days, 160% after 1 month, 260% after 2 months. The current payment processors – AlertPay, LibertyReserve, PerfectMoney and SolidTrustPay – are going to be joined by some new payment methods very soon that will allow members to deposits directly and without help of the third-parties. These methods will include Wire (SWIFT/IBAN) Transfers, Direct Deposits and the program’s own Debit Card. I must say I’m really skeptical about the introduction of such cards as this was promised by several HYIPs in the past but in reality was never successfully implemented by any of them. So if EliteAlliance managed to offer this payment option to its members it would be the first case that I’m aware of. Anyway, EliteAlliance paid many pending withdrawals yesterday and today and I think they have totally caught up by now. Those people who cannot withdraw because they forget their secondary password which is necessary as a second level of security are requested to wait till next week when a password recovery tool should be installed. In the latest update from Leon there was also plenty of other news. The entire newsletter from EliteAlliance can be read below:

“Update from Leon Reiter (Managing Director)
Dear Members,
It’s Leon here. This is just a very, very short update on what is going on behind the scenes.
I apologize for not letting you all know that we were going to update our server software. Were wanted to do this completely invisibly, but at some point our programmer considered that it was necessary to turn off the Server.
Updates are almost installed and we will have our new Password Recovery Tools set up and available next week. At the same time we will update some parts of our Security Module to meet the new criteria.
Also, we would like to introduce to our Members several new Payment Methods – Wire (SWIFT/IBAN) Transfers, Direct Deposits and our brand-new Debit Card. All arrangements are almost done and we will have a new section on our Private Website in about a week where the Debit Card will be introduced. All this will be explained at greater length in my next Update when I get free from the things this week has snowed me under with.
Now I am getting back to all the Pending Payouts and we should get completely caught up with them WITHIN 24 HOURS. And by the way, I will print and upload the missing Activity Reports tomorrow as it seems I have the busiest week ever.
Thank YOU ALL for ALL your patience and have nice profits Everyone!
With best regards, Leon Reiter
Elite Group Managing Director
Office Phone: +44-203-355-0081
International: +1-866-974-1777”.

I’m glad to report that after a few hours offline and the problems UnicornInv reported by its hosting provider BlockDos, everything seems fixed now. The site is loading fast as usual and I was paid all my pending withdrawals today as well. For those unfamiliar with UnicornInv I would like to remind you that it’s one of the longest running programs on MNO. First added to my monitor 185 days ago, it currently occupies #3 on MNO monitoring. The program offers two perpetual plans with daily (1% on every business day) and weekly (6% every week) payouts and the option to withdraw your principal after 180 business days if you like. The minimum to deposit in UnicornInv is only $20 which is accepted via LibertyReserve, PerfectMoney or SolidTrustPay. More information about them can be read in my detailed review of the program posted here or my interview with its admin Thomas which you can find here.

It looks like AlphaForex have added AlertPay to their list of accepted payment processors (which was limited before to just LibertyReserve and PerfectMoney). The admin did it silently and there was no announcement made on the AlphaForex website yet. However the option is out there and you can deposit and withdraw via AlertPay now as well. The only difference between using AlertPay for deposits compared to LibertyReserve and PerfctMoney would be a 5% deposit fee that you will have to be paid when you add your funds to your account in AlphaForex. So, suppose you wish to invest $100 in one of the investment plans paying 1.6%-2.6% variable for 180 days with payouts processed on business days and principal returned on expiry. Then you will have to pay $5 fee on your deposit, and so the total amount to pay would be $105 and not $100. For LibertyReserve and PerfectMoney this fee does not apply so I guess the admin has added this to give the investor the obligation of paying their fees which are quite high as you might know. Maybe it’s a wise decision as it will help AlphaForex last longer but you should still remember that after adding the funds and making a deposit you will still get a 20% bonus which is available for the first 20,00 investors of the program, so you will still get a bigger deposit than you expected which is a definite advantage. For more details on how the investment process works as well as a full analysis of the investment plans you can read the full review of AlphaForex posted here.

The admin of LucrativaFund Richard said that the recent accessibility issues when some members of the program could not access it for some time were due to updating its DNS by their hosting provider Dragonara. This is mainly technical stuff here but I guess the admin just wanted to give the official reason of why the site was unavailable for some locations:
“LucrativaFund News update!
Hello LF Investors,
Some people couldn`t open our website today due to Dragonara were checking/updating our dns for all countries.
Now everything is fine and no need to worry.
Today we have prolonged our hosting service for the next 3 month and we are going to buy monthly ads packages.
Have a nice day/night!
Richard, LucrativaFund”.

This was not the only update from LucrativaFund. Another newsletter I didn’t take so lightly announced the addition of a new plan paying 28% for 5 days for those who are going to invest $250 or more. From my experience the introduction of such plans with high returns and high prices usually indicate some cashflow issues. I would not recommend to invest in this new plan offered by LucrativaFund and stick with the others that have more reasonable returns and minimums to invest – 110%-120% after 5 days, 120%-140% after 10 days, 7%-8% for 20 days, 12%-14% for 10 days (read more about them in my review of the program here). I sincerely hope that I am wrong about any cashflow issues in LucrativaFund but I really find it alarming. I guess it will be clear by Monday if the program is able to survive an always slower weekend. Meanwhile, you can read the latest newsletter announcing the new special offer below:
“Hello Dear LF Investors,
I would like to introduce our special offer: 28% daily for 5 days (total 140%). Don`t miss the chance off!
We are strengthen the position of LucrativaFund and in the next few days we are going to buy new advertising packages on different monitors.
Currently, we accept AP, LR, PM, GDP, Visa, Master Card, AMEX and will add bankwire tranfer in the near future.
Now you can withdraw your funds directly to your credit card with a 4% fee.
If you haven`t acceded to our page on facebook yet, please check it out:
http://www.facebook.com/pages/Lucrativa-Fund/133407456735848
To increase our rating, please vote for us and post your payment proofs when you get paid:
http://lucrativafund.com/?a=cust&page=rate_us
Our program running for 21 days and we have more than 1000 members now. I think you are very happy with Lucrativa!
All withdrawal requests processed in time as usual.
Richard Brighton, LucrativaFund”.

Unfortunately, I haven’t received any reply from the admin of SquareBoxTrends and it seems he simply disappeared. I’m still hoping to get a response as he’s often slow with replying. However, the pending payouts and his silence leave me no choice but to move his program to Problem status on MNO. Please do not invest in SquareBoxTrends anymore, guys!

The following programs featured on my monitoring page paid me for the last 24 hours:
GorgonProjectInvest, OsWealth, EarnoSphere, InvestNetGroup, ReProFinance, GulfReserve, AdvanceFund, Insectrio, MAHIFund, CyproRealty, EurosFund, UnicornInv, EliteAlliance, Opulentia, PermanentProfit, UmProfit, EurexTrade, BrantonsGroup, LucrativaFund, SafeDepositary, StraDox, AlphaForex, PrimFix and EarnGroups (the first payment received).

EarnGroups is the only addition to MNO Premium listing this week and I must say I’m pretty excited to have this one listed and advertised on MNO. At first glance EarnGroups looks like another short-term HYIP paying 120% after 7 days and 145% after 14 days and accepting AlertPay, LibertyReserve and PerfectMoney promising instant payouts. The script used by EarnGroups is also usual and is licensed from GoldCoders. The layout is average enough (though the admin told me that he will be overhauling the entire site design and banners next week). EarnGroups is hosted on a dedicated server by HostNoc and I’m not even sure if it has proper DDoS protection installed yet. However, according to the stats provided by some well known monitors on the program’s rating page we can clearly see that EarnGroups has been monitored by them for over 400 days already. So how can it be you might ask? Well, as far as I can see from the public forums the first mention of EarnGroups started back in April 2010 and has been paying for over a year now. But the investment plans were originally different and the program used to pay 0.5% for 30 days at first. It’s possible the management of the program changed hands, or else they’ve just decided to change things around to make it more appealing to the current investors. And from what I can understand from what the admin told me privately there would be more changes within the next few days which will move the program to the next level of its development. I really find the history of EarnGroups quite fascinating and personally think that any program that has been online for over 400 days and paying for all that time deserves some very close attention on MNO. I’m planning to review it in the next couple of days. So stay tuned for more information on this promising short-term program and I will see you tomorrow! Have a nice weekend, everyone!