01/09/2011. Daily News from the Industry

Hello everyone! I have to start today’s update by saying that most of today’s news is less than pleasant to read because of so many programs moving to Problem status on MNO. In fact the majority of the news will be dedicated to such programs and warnings about them. Well, I guess there should be a clean-out made before the new HYIP season starts as definitely more new and high-quality programs will replace the failing ones which include SecureEarn, HotInvesting, JPDaily, AllenFinance and possibly even GorgonProjectInvest. In fact I already have one new short term addition to my monitoring list which I’ll tell you about at the end of the update. But let’s get started with the news and take a look at the details.

Unfortunately, the first program moved to Problem status today was GorgonProjectInvest. I had a lot of talks with my readers on MNO Chat last night and they agreed that moving GPI to Problem status was regrettably the only serious option left open to me. This is based on the fact that for the last couple of days there were absolutely no payouts made to LibertyReserve. And while I can see that the withdrawals to other payment processors – PerfectMoney, SolidTrustPay and GlobalDigitalPay – are still being processed within the promised 48 hour timeframe the pending payouts to LibertyReserve where the majority of GorgonProjectInvest members made their deposits have stalled. There is absolutely no solution provided for members so far and they can’t even exchange their LR balances to any other e-currency to be paid faster, except GDP the exchanges to which are still allowed but is not worth the effort anymore as they cannot be withdrawn. Anyway, the worst thing with GorgonProjectInvest is the lack of a proper update from its admin Paul as he hasn’t updated me yet on the current situation and the latest official update on the site is dated on 28/08. Gorgon‘s Twitter is also silent regarding these issues and the last message was regarding some email issues the site experienced but failed to address the real issue with pendings:
“The e-mail server is fixed, so everything on the site is working now. Sorry for the extended problems, now we can go full steam ahead.”
Please note that I made every effort to contact Paul personally yesterday but still have no reply from him. This and the fact that a lot of complaints from LibertyReserve account holders with GPI some of whom have been waiting for their payouts for over a week already prompted me to move the program to Problem status and advise against further investments, at least until the issue with LibertyReserve is solved. I still hope that can happen soon and as GorgonProjectInvest is paying to all other payment processors so I don’t believe it was Paul’s original intention to pull the plug, otherwise the program had just stopped payouts completely. Please stay tuned for more updates regarding GorgonProjectInvest and check out my blog often, but until LR payouts resume I can’t recommend any further investments there!

UPDATE! There is more news now from Paul of GorgonProjectInvest about the pending withdrawals available on Twitter now:
“All Solid Trust Pay and GDP withdrawals are totally up to date. Doing Perfect Money now and LR will be next.”
I can see that the some withdrawals to LibertyReserve have been processed and hopefully it’s a good sign for a full recovery. For now I am waiting for some more confirmations regarding received/unreceived pending withdrawals to LR, so if you have something to say please do not hesitate to contact me at abramsonp@gmail.com
I have also received a short update from Paul who said to me that there is some progress on LR withdrawals and some oldest pendings should be paid by tomorrow. I will provide you with more detailed update on the current situation with LR withdrawals from GorgonProjectInvest tomorrow, but certainly things are looking up so far. GorgonProjectInvest still remains on Waiting status with MNO, however, I have removed it from Problem. More tomorrow!

It was discovered by many investors of HotInvesting and SecureEarn which most likely were run by the same admin anyway that both programs started paying selectively and only their monitors received their daily payments while the regular investors only received a payment confirmation without a batch number. Of course payout confirmations without batch numbers are sent for the sole purpose of misleading you and extending the final few days of HotInvesting and SecureEarn. The majority of monitors on the rating page of both programs will simply ignore the selective payouts as long as they are the ones getting paid, so don’t expect them to change the statuses of either program soon. MNO monitoring on the other hand has some very strict policies on that and I’m proud to say that I was the first monitor tp move both HotInvesting and SecureEarn to Problem status last night and prevented MNO visitors from losing money in these collapsing HYIPs. Well, experienced investors were able to see yesterday when surprising emails from both programs were received offering new plans with highly unrealistic returns which was a huge red flag in itself indicating that both HotInvesting and SecureEarn might have some cashflow issues and are trying to fill in the hole in their finances with such tricks. Look at the email from SecureEarn for instance:
“Dear Investor! We have new plan : 350% After 1 Day!”
Well, now I would like to ask who in their right mind would invest in SecureEarn after seeing such an obvious scam. I think the answer is obvious after reading the following update from HotInvesting offering another high-paying plan as well as some bonuses to its investors:
“Our site just has a nice start. Hot-Investing has successfully run more than 40 days.
Now Our add new Plan:200% After 1 Day + Principal deposit (Total 300% After 1 day)
Welcome everyone to join
Now deposits bonus to everyone.
1:You deposits 500$.I will give you 10% deposits bonus.
2:You deposits 1000$.I will give you 15% deposits bonus.
3:You deposits 10000$ .I will give you 30% deposits bonus.
4:You deposits 100000$ .I will deposits you 50% deposits bonus.
Best regards.”
I cannot say anything bad about either HotInvesting or SecureEarn in terms of longevity though as they both ran for well over a month which was definitely more than enough time to profit multiple times from their 1-day plan and a couple of the other longer plans. Such programs are definitely a very valuable asset to the HYIP industry as they allow to keep it going and give everybody a fair chance to earn some money. Of course when the inevitable collapse occurs things get ugly and selective payouts start piling while some monitors use this opportunity to grab some last ref commissions from the dying programs while more profitable and unrealistic offers are issued by them. My accounts in both HotInvesting and SecureEarn have been deleted now and the monitoring logo removed from the choir of other monitors still displaying Paying status for both. Please be aware of that and do not invest there again!

Another program paying selectively now and cannot be considered safe to invest is JPDaily. As you remember I sent some questions to the admin of the program recently but he delayed the answers and apparently for a good reason. Yesterday I was contacted about selective payouts from the program from a reader who provided me with all the necessary proof of how he was robbed of $500 by the admin. To my inquiry to the admin to explain the situation he simply called the guy a “whiney a**hole” (and I remind you this is a $500 investor we’re talking about!) and threatened me that if I moved his program to Problem status he will do anything to destroy my reputation. Well, he’s not the first crooked ponzi admin to threaten me so I’m really not all that bothered about that. I prefer to confront the dishonest admins rather than compromise my sincerity and the integrity I have earned for so many years. So JPDaily has been moved to Problem status on MNO and will remain there until the member is fully reimbursed and the admin apologizes for his language towards his own members. From my experience though any program that pays selectively can easily run for some time while the admin pretends nothing happened but with time more and more accounts will be blocked and more investors will suffer. But since we don’t know the approximate timeframe the admin of JPDaily is going to pull the plug (I heard he’s going to open another program to support his old one) the wisest solution at this point is to withdraw your principals from the program as soon as possible while you still can. This option is allowed under the programs rules and the admin can’t do anything to stop you from doing so. As you can see so many programs collapsed today and possibly JPDaily will be next to go, my suggestion might help you get your money back while JPDaily keeps struggling in paying what is due to its members. You got my advice – just take it and be in profit or leave it and regret it later!

AllenFinance is another program moved to Problem status on MNO due to the halting of payouts. The program stopped paying yesterday and happened on the week when new deposit bonuses were offered by the admin which was just a trick before scamming. AllenFinance was kinda bad program for the investors which didn’t make profits to anyone and collapsed even before the first investors were in profit. A little bit more than a month in total online for a program like AllenFinance paying 2.5% for 90 days was really a bad achievement which the admin certainly can not be proud of. Anyway, the program has been moved to Problem status on MNO today so please do not invest there anymore!

Now back to moree positive news. I would like to welcome MGFunds (reviewed here) back to Paying status on MNO yesterday. I remind you that the program was moved to Problem status on MNO a few days ago following multiple complaints from my readers regarding delayed payouts. The admin was able to explain the reasons for the payout delays to me personally and paid everything due to my downlines. So I have made up my mind to return MGFunds to Paying status as the admin also promised to issue an official update within the next few days regarding the pending payouts which may allegedly be connected with the AlertPay issues the admin recently had. Be it one way or another, I believe that all the members of MGFunds are entitled to know what happened. I will keep you updated on MNO regarding the status of MGFunds and encourage you to report to me if you have pending payouts which might affect the program’s status on MNO. Let me assure you that I tend to listen to what my readers have to say regarding the programs monitored on MNO and take all the reports quite seriously on condition they can be verified properly.

If you haven’t read my interview with the admin of the successful short-term program After60Days you can do so here. Funny though that the promised to prove me wrong in this interview and to actually pay a 10,000% return to those invested in the infamous 60 day plan which gives its name to the program. I remind you that After60Days pays on four main investment plans via LibertyReserve and PerfectMoney – 104%-120% after 1 day, 122%-200% after 5 days, 200%-700% after 15 days, 10,000% after 60 days. More on that can be read in my detailed review posted here or in the more recent interview linked in the latest short update:
“Hello dear users!
Interview of After60days.com has been published on the Money-News-Online.com!
You can read it here:
http://money-news-online.com/blog/2011/08/31/31082011-interview-with-the-admin-of-after60days/
Thanks, Paul.
Best Regards!”

The admin of CommoditiesCapital James (interviewed here) has added the referral stats for his current contest and also spoke more about another quiz contest running on the program’s Facebook page. Here is the latest two updates from CommoditiesCapital:
“News
We added today in members area (left menu) a link “Referral Contest” for everybody to see the top 10 referrers. Don’t forget that ONLY the active referrals counts to win the contest (referrals that invested).
Because one member told us we should put a question for other time zones too, we decided to put a question today and we will let it on the wall for several hours until we will pick up the winner. It will be more a guessing question today and we will pick up the answer that we will like the most.
You can check the wall to answer the question for today. Good luck!
Regards, James. CommoditiesCapital”.
“New question for today
Prize for yesterday has been added to the user. New question for today has been posted on our wall on Facebook so good luck to everybody. We will choose the winner after several hours so all time zones to have the chance to answer. Also considering the answers from yesterday we decided to implement a forum and a testimonials area on our site. Once it will be ready you will be able to see the buttons added to our top menu on home page. I hope you will enjoy it. Also don’t forget about our referral contest which is still on going. The link for you to see the top 10 referrers is in your members area (left menu-Referral Contest). Thank you all for your great support.
Regards, James. CommoditiesCapital“.
I remind you that CommoditiesCapital accepts AlertPay, LibertyReserve and PerfectMoney starting from only $1 and offers such returns as 1.8% for 100 days (principal back), 3.2% for 45 days, 5% for 30 days, 6.5% for 25 days. For more information you can always check my original review posted here.

The admin of BetForInvest has reported problems with deposits not getting credited automatically over the last few days. The problem has been solved by now and everything is back to normal, so you can invest safely again via LibertyReserve and PerfectMoney into one of the plans described fully in my review of BetForInvest posted here – 1.5%-1.8% for 20 business days, 1.6%-1.9% for 30 business days and 1.7%-1-9% for 60 business days with principal return on expiry. By the way, I would like to report that my first investment with BetForInvest has expired and I was successfully paid my principal back yesterday within a couple of hours. So the program is really paying and so far is doing fine. For the latest update from BetForInvest please read below:
“Deposit are working again
Dear Investor,
We had a problem with the deposit money. When you make a deposit the money was not added to your account. We had to make manual deposit for the last 2 days. We finally found where was the problem and fixed it.
Now everything is back to normal and running again automatically.
BetForInvest Admin”.

The admin of PowerfulStrategy Jstin reported today that the 10,000th member had joined his program and had been rewarded with a surprise bonus of $300 credited to one of the investment plans offered by PowerfulStrategy – 1.8% for 10 business days, 2% for 25 business days, 2.3% for 60 business days, 2.8% for 120 business days with principal return on expiry. I must say that PowerfulStrategy‘s lifetime came as a surprise to me as for over three months the program keeps delivering instant payouts to AlertPay, LibertyReserve and PerfectMoney investors. This alone propelled the program to #5 among the most popular programs on MNO as more and more members realize the benefits they are getting from joining this stable paying programs that managed to survive the summer of 2011 which managed to kill off many other similar HYIPs and is still doing strong. Here is the latest news from PowerfulStrategy (reviewed here):
“Today the 10,000th member joined our project, his username: JohnH, he still haven’t made a deposit, but we decided to award him with a bonus of 300$ directly in his account balance. We wish a good luck to all of you, dear investors!”

UnitrustDirect (reviewed here) is actually one of the most interesting programs around now in my opinion – secured, running on a dedicated server with a totally unique script and instant payouts to both LibertyReserve and PerfectMoney – while still being relatively unknown among my readers. Even after the interview with the admin of UnitrustDirect published on MNO here I didn’t notice any significant change in its fortunes. I can imagine it having something to do with the investment plans offered by the program till recently which only paid on expiry while the returns were quite modest – 102.5% after 5 days, 107.1% after 10 days, 123.8% after 25 days, 194% after 65 days, 403.4% after 125 days. UnitrustDirect has been running since April 2011, but such plans still didn’t attract a very wide audience. I guess that’s why the admin extended the line of offers and compliment it with plans offering daily returns. So the new plans offered by UnitrustDirect now offer the following:
14.7% for 7 days ($5 – investment minimum), 3.9% for 30 days ($25 minimum to invest), 2.91% for 60 days (the minimum of $100 required) and 3.1% for 120 days (only for those investors ready to spend at least $250 in the program). Remember that you can also invest directly via Bank wire in any plan with UnitrustDirect starting from $1,000.
You must know that for all the new daily paying plans your principal is already included and will not be returned on expiry. You will be paid your returns daily and they will be available for immediate withdrawal to LibertyReserve or PerfectMoney. More about the new plans in UnitrustDirect please see below:
“New investment products
Responding to client requests, we are launching a set of brand new investment products with an option of daily interest payout.
Investment products with daily interest payouts
Duration: 7 days | Daily payout: 14.7% | Tot. return: 102.9% | Min.: $5
Celeritas Portfolio is a new short-term investment product offering daily interest payouts. This product is very similar to Trial portfolio in terms of ROI and duration, the main difference is that Celeritas portfolio will provide a 14.7% return on principal investment every day for a one week period.
Duration: 30 days | Daily payout: 3.9% | Tot. return: 117% | Min.: $25
Invenio portfolio will deliver 3.9% of daily interest to your account with a total return of 117% in a period of one month (30 calendar days). Should you be preparing for a vacation or planning a significant buy in a month, this investment product will help you make the most of your money.
Duration: 60 days | Daily payout: 2.91% | Tot. return: 174.6% | Min.: $100
With a 2.91% daily return on investment for a period of 60 calendar days Merridia portfolio is a well-balanced investment product that is becoming increasingly popular among company’s clients.
Duration: 120 days | Daily payout: 3.1% | Tot. return: 272% | Min.: $250
Efficio portfolio will provide a 3.1% return on principal investment every day for a period of 4 months (120 calendar days). This long-term portfolio is an efficient investment product for experienced investors who are intent on making their money work the hardest.”

Some good news now for those who use SolidTrustPay as a payment processor. From now on every verified member can make direct withdrawals to any Visa or MasterCard in their name on completion of a token $3 deposit needed to verify your card for further use. I think the new addition will definitely make SolidTrustPay one of the major players in the HYIP industry and taking a big share of investors from their main competitor AlertPay. For investors there will be more choice and more payment options which is also beneficial for both HYIP investors and admins. Both groups win when it comes to using SolidTrustPay. Read the latest update posted on the official STP blog below:
“SolidTrust “Pays” Your Bills
WAHOO!! SolidTrust Pay offers a new and super convenient withdrawal option. You can now withdraw to any VISA or MasterCard in your name!!
Let SolidTrust “Pay” your bills !
Requirements
1) verified account status
2) card to be withdrawn to needs to have been used for at least one incoming deposit.
NOTE – if you have never used your card in your STPay account previously, just add it to your profile and do a small $3 transfer. That then verifies your card and authorizes it for withdrawals.
Thx for choosing SolidTrust Pay – your money, your way!”

Here is the list of the programs that paid me for the last 48 hours:
GainRace, StockBiz, CommoditiesCapital, NeoProgress, BetForInvest, OnlineInvestmentBank, PowerfulStrategy, MirexGroup, HyperCompound, FIPO, HitNRunMasters, PerfectLottery, InvestNetGroup, GorgonProjectInvest, PermanentProfit, BrantonsGroup, EurexTrade, PrimFix, BruyetteInvestment, ViscoCorp, TopsFund, MInvestment, BaseBucks, GlobalFxTrades, RockwellFunds, LargeEarning, SafeDepositary, ReProFinance and EarnGroups.

I would like to introduce the newest addition to MNO Premium list that I mentioned at the start of the news – SushiProfit. This is a brand new short term program that has just launched today and which is offering many different plans with payouts on expiry that include the following:
105%-129% after 1 day, 116%-217% after 3 days, 137%-588% after 7 days, 180%-993% after 15 days, 270%-2245% after 30 days, 7670% after 60 days.
SushiProfit accepts LibertyReserve and PerfectMoney starting from $10 and the payments are paid within 24 hours on request. As the name implies when creating the program the admin was obviously inspired by Japanese cuisine which means you will see all those mouth-watering dishes all over the website. Apart from that I quite enjoyed the security features which are all up to a reasonable standard including SSL-encryption and hosting on a dedicated and DDoS protected server from Dragonara. Hopefully, SushiProfit will be moved to Paying status on MNO soon which will allow it to be reviewed on MNO tomorrow. Stay tuned for that, guys!

That’s all I have to report to you today, guys. I hope you enjoyed my daily update and see you on MNO tomorrow. And I hope you’re looking forward to the coming Autumn – a very beautiful season in my opinion!