17/08/2012. BGTGroups Review and Daily News from the Industry

Beware! BGTGroups has stopped paying! Do not invest there!

Hi everyone! Hope you’ve all had a good week and are looking forward to a couple of days off. If you’re not too busy over the weekend then I still have a couple of new programs to get through for you between now and Monday, so you might want to keep an eye on MNO and see if there’s anything you like. Tonight I’m going to continue with a long term HYIP called BGTGroups, a program I think might look familiar to many of you because whether the admin likes me saying this or not it is made to look deliberately like some other highly successful programs. Maybe BGTGroups are trying to associate themselves with the success of others, I really don’t know, but I do know that the only thing that guarantees this success for yourself is hard work and proven results. So let’s see if BGTGroups have what it takes to deliver.

What you have is a choice of two investment plans, one that pays you by the day (business days only I mean) and one that pays you by the week. We’ll start with the first one however, and it’s called simply The BGT Daily Plan. You can join it for a minimum deposit of $20 and in return BGTGroups are offering 1.2% interest per business day. As for the investment term, there is no expiry date. Once you join you remain a member and continue to collect your earnings for as long as you decide to remain a member. You may ask for your deposit back any time you like, but the only condition is that you must remain a BGTGroups member for at least 180 calendar days. Provided you can do that then you are either free to leave your principal in place and continue earning daily interest payments or ask for your money back and leave. The maximum deposit allowed in the daily plan is $50,000.

It would be a wasted exercise to offer any practical examples here as every single member is going to have their own individual strategy. But at least up until the time when you will have to option to leave BGTGroups some statistics you may wish to keep in mind include that it will take you 84 business days (that’s almost 17 weeks) to break even. Assuming that’s actually the case and everything works out for BGTGroups then you may wish to consider leaving your principal. After all, you’ll already have earned it back anyway and it’s a pure passive income after that. Of course it’s a long long way to go until/if that happens but it doesn’t hurt to have a strategy in mind.

The BGT Weekly Plan then takes deposits starting from a $50 minimum up to a maximum value of $50,000. Again the plan has no expiry date as such, only that you are obligated to remain a member for at least 180 calendar days. After that it’s up to you whether you ask for your principal back and withdraw from the program, or else leave it in place and continue earning indefinitely. As the name suggests BGTGroups are offering a weekly interest payment marginally more generous than the previous plan. The rate is 7% paid once per week (in contrast to the daily plan where payments add up to 6% over the course of a week). At that rate you can expect to earn back an amount equal to your principal after 15 weeks, then it’s passive profit after that. What you do from this point on, how much you might earn, and how long you wish to remain a member of BGTGroups is entirely a personal decision for you then.

Currently most of the popular payment processors are taken by BGTGroups, including PerfectMoney and LibertyReserve for the admin’s convenience and SolidTrustPay for users who would like a bit more security. Payments are made manually by the admin and need to be requested from inside your BGTGroups members area. Once done you will need to allow up to 24 hours for the transaction to be completed, but do keep in mind that BGTGroups do not work weekends so if you go looking for a payment late in the week be prepared to wait until their back at work on Monday. I know it’s a long way off yet but at the moment investors are already being told that the return of your principal if requested can take as long as ten days. Also be aware that when joining BGTGroups for the first time you will notice that the script requires you first to make a deposit in your internal e-wallet, and then redirect the funds to the plan of your choice.

Not only are the plans deliberately laid out to mimic those of another well-known program, even the BGTGroups website looks decidedly familiar with it’s licensed Shadow Script. But the entire layout does have very much a “template” feel to it and apart from the wording of it obviously it looks very close to a lot of other sites I’ve seen in the past. Hosting is on a dedicated server with Gossimer who while I can’t say I know much about their handling of HYIP related websites the BGTGroups admin tells me that DDoS protection is supplied by Dragonara. Customer support is available via Live Chat if you want to get your questions answered or account issues dealt with in real time, otherwise you can try the listed phone number or write directly to any of the e-mail addresses found on the contact page. The name BGTGroups stands for Best Global Trading Groups and as they are registered in the UK as a company (which can be done online, cheaply, and anonymously from anywhere in the world so effectively means nothing). They publish a postal address in London, however I know this address to be a serviced office and not where you will actually find anyone connected with BGTGroups were you to knock on the door.

Texts seem original in the sense that they’re not copy/pasted from somewhere else, (meaning other HYIP admins will now be queuing up to steal it from BGTGroups, lol!) but in real terms of course there isn’t much we haven’t seen or heard a million times in the past. For the record BGTGroups claim to be involved mostly with ForEx trading, and whatever you choose to believe from that is up to you. I don’t see any solid evidence of anything myself and therefore suggest as always you treat everything you find over the net with caution, and stay well within a sensible spending limit. And of course if joining BGTGroups then try to keep them as a smaller part of a wider more diverse portfolio.

DAILY NEWS FROM THE INDUSTRY

KISNP – INPORTANT SECURITY MEASURE AND INTEREST CREDITING ISSUE

As you might know from my review of KISnP published here, the program is running off a licensed PHPflux script, one of the main peculiarities of which is the need to buy investments in shares, by the way. So it was reported recently about the main security loophole when someone changed the e-currency accounts of a few members who were obviously not aware of that and proceeded with requesting their usual payouts from KISnP. Fortunately, we know that the admin Zepp is a very cautious person and when he found out he announced that from now on everyone has to request payments to the same payment processor account from which the deposit was made to any of the plans currently offered by KISnP – one of so-called “forever” plans paying 1.1% per business day, 6.25% weekly, 30% monthly, with no expiry date and the optional principal return after 150 days, or two other plans – 4.5% for 50 business days and 3.75% for 80 business days. The programmer of KISnP was also asked about the option to block changing the payment processors account details in the members area as a precautionary measure against hijacking the accounts. I’m sure that such a security enhancement will be appreciated by all the members of KISnP and for more details on that please refer to the newsletter from Zepp sent last night:

“KISnP Update: Important Account Reminder
Hi members,
I am about to process the last batch of payouts for today however I found out there are 3 accounts that the details were changed.
And it seems only one person did it because each account as changed to have the same LR account.
So from now on, before anyone can request a withdrawal to a different processor they used when they made a deposit, you MUST send me first an email requesting for it.
Without any request received, I will cancel the withdrawal that upon our system check does not found any purchase of user made using that I.D /Processor Account.
This is for the security of each and every member of KISnP.
Also our programmer is now working on to disable option for member to change their details.
Once this is done, every member that would like to change any details on their account must send me an email about it and I will do the changing after cross checking and verification.
I already sent email to member’s who I found account was changed and will wait for them to get back on me.
I will now process the pending payouts.
Admin, Zepp.
KISnP.”

Today some members of KISnP faced another issue of not crediting their interest as usual on Fridays. Zepp has already stated that he was aware of this and will work it out very soon. Good to see that Zepp (interviewed here) is on top of everything and is doing his best to solve this error asap. Here is the latest newsletter from KISnP received just a few hours ago:

“KISnP Update: Interest Not Credited
Hi members,
I received quite a lot of emails from members informing me of their interest being not credited.
It started around 14:00 server time.
We are now checking on it and will fix whatever the issue causing this error.
Please kindly wait as we are checking one by one those accounts that got affected.
Rest assured I am on it already.
Admin, Zepp.
KISnP.”

GENIUSCAPITAL AND IVECON – BOTH MOVED TO PROBLEM STATUS

Unfortunately I had to move two more programs to Problem status on MNO tonight. They are GeniusCapital and Ivecon.

I have already reported about Ivecon and the site’s accessibility issues but now when for over 36 hours there was no news or updates from the admin and no sign of the website yet the situation is much clearer. Whatever happened with the site, Ivecon will have a really hard time to regain the investors’ trust with the admin’s attitude of not updating anyone (provided that Ivecon ever comes back). For now the website of Ivecon has simply disappeared and there is not much hope that it’s going to recover.

As for GeniusCapital, while promised instant payouts to LibertyReserve and PerfectMoney as is directly specified in the program’s FAQ the program failed to deliver instant payouts to me and other readers today. While the admin of GeniusCapital was notified about this issue promptly, so far I have received no answer from him and no payment has been made yet. I tend to assume the worst therefore and move the program to Problem status on MNO. Please do not make any attempts to invest in GeniusCapital anymore, at least until the situation is clear. So far the program has been online for four weeks only and nobody was in profit yet with the program paying 3.3% daily interest. It would be really disappointing if GeniusCapital had to finish like this, but I guess it always happens with every HYIP – what differentiates them is longevity and GeniusCapital has nothing to be proud of.

INTRODUCTION OF RIGHTFIVE

Today the highly anticipated program RightFive has finally launched. I would like to remind you that the admin already started preparations more than a month ago by acquiring a couple of banner spots across MNO teasing about the program opening. Unfortunately due to unforeseen delays with STP verification of the account which have suffered major backlogs recently RightFive was only able to launch today. And the program did not disappoint me, by the way. I must say it was worth waiting for! The two plans on offer pay you 5% for 30 calendar days or 110% after 7 days. The minimum to invest in both plans starts from $20 and the payouts have to be requested from your account which will then be processed within 48 hours maximum. The choice of the accepted payment processors in RightFive is quite wide and includes SolidTrustPay, EgoPay, LibertyReserve and PerfectMoney. Please note that you can request only one withdrawal per e-currency and per account daily and the minimum to withdraw starts from $2. RightFive has a very professional approach to the security of the website and from day one it’s hosted on a dedicated servers with BlockDos protection which is one of the industry leaders for providing this service and the website is also properly SSL-secured. The FAQ page is very extensive and comprehensive and covers every single topic, so even a newbie wouldn’t make any mistakes investing with RightFive. But the most exciting thing about the program is its custom-made script which is really beautifully tailored and offers some features unheard of in other programs like SMS-notification etc. I will take a closer look at this highly anticipated program in a more detailed review of RightFive which I plan to publish on MNO on Monday. So stay tuned for that, guys!

Meanwhile, I would like to share with you an email from the admin of the program Steve which you get automatically on the successful sign-up. It will give you a quick overview of some basic things you can start using in your account straight away:

“Welcome
Thank you for signing up and a warm welcome to RightFive.
Please take a moment to get familiar with your RightFive account. We have tried to make the navigation within the clients area as intuitive and self-explanatory as possible. If you need assistance, please click on the question mark symbol on the top right side on each page of the clients area to reveal more information about that particular page. Please consult also our Frequently Asked Questions (FAQ) page.
We recommend that you make use of our mobile phone verification for enhanced security of your account.
If you have further questions please do not hesitate to contact our support department.
We look forward to a long and mutually prosperous relationship with you.
Regards, RightFive Team”.

GET PAID REPORT FOR 17/08/2012

Here is the list of the programs from my monitor that paid me for the last 24 hours:
From MNO Sticky list:  HYIPla.
From MNO Premium list: NewGNi, KISnP, OneInv, ProfitableSunrise, EurexTrade, BensonUnion, DividendService, Finvance, PlexCapital, SafeRisk, InflexCapital, MegaProfitAds, MutualAssets, YachtWealthClub, Absolutiva, DecoFunds, KBSInvestment, Bull&BearCapital (the first payment received).
From MNO Standard list: UFOWin, Dynasty7, BGTGroups.
From MNO Basic list: CheeseCash, GoldTradeFunds, PerfectLottery, Profit4Saving, HippoWin.

That’s all I have for you tonight, guys. Please make sure that you come back tomorrow for a more detailed look at the latest hit HYIPla and more news from the HYIP industry which never sleeps, even on weekends. Enjoy your weekend and see you all tomorrow!