{"id":14521,"date":"2017-06-13T18:07:06","date_gmt":"2017-06-14T00:07:06","guid":{"rendered":"http:\/\/money-news-online.com\/blog\/?p=14521"},"modified":"2017-09-08T16:26:24","modified_gmt":"2017-09-08T22:26:24","slug":"13062017-controlfinance-review-daily-news-hyip-industry","status":"publish","type":"post","link":"https:\/\/money-news-online.com\/blog\/2017\/06\/13\/13062017-controlfinance-review-daily-news-hyip-industry\/","title":{"rendered":"13\/06\/2017. ControlFinance Review and Daily News from the HYIP Industry"},"content":{"rendered":"

Beware! ControlFinance has stopped paying! Do not invest there!<\/strong><\/p>\n

Hello everyone! I hope you’re all keeping well after the weekend, although I know it’s Tuesday already but this is still the first post of the new business week. There’s a couple of news stories to catch up on since my last post, including the results of the last MNO TalkBack<\/a> opinion poll. The result was so entirely one-sided I decided there was no reason to keep it running any longer, as almost everyone voiced the same opinion. First of all though I want to focus on ControlFinance<\/a>, the newest addition to the MNO monitor<\/a>‘s Standard List. At about three weeks online already ControlFinance<\/a> isn’t at first glance a brand new program in the strictest sense, but as we shall see from the investment offers it’s going to be a very slow burner, especially launching at a time when activity in the industry is at a low. I don’t expect the program to be an overnight success and it’s going to be some time before even the admin gets back what he spent. But don’t worry, that’s not a negative factor by any means and if anything makes me hopeful that ControlFinance<\/a> will be around a bit longer than some of the horrible scams I’ve seen on other monitors recently. So let’s see what they’re all about and if you think it’s worth a gamble.
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\nThere’s basically just one plan in ControlFinance<\/a>, though the interest payments will vary depending on how much you invest. But let’s be clear about one thing before you join \u2013 ControlFinance<\/a> is a perpetual style investment program with no expiry date. Once you are in, you stay in, and you will not be given your principal back at any time. The trade off for that is that hit-and-runners will not be a problem, and the members keep getting paid for how ever long the admin manages to keep the program online.<\/p>\n

You will need a $10 minimum to join ControlFinance<\/a>. In return for this or anything up to a $300 maximum you can claim back 1% interest every day for as long as the program survives<\/strong>. Bigger spending players are as you would expect in the HYIP industry naturally encouraged by the ControlFinance<\/a> admin by offering higher rates. For those spending upwards of $300 to a $1,000 limit the return goes up to 1.1% per calendar day<\/strong>. For a bigger investment to a $4,500 upper limit ControlFinance<\/a> make an offer of 1.4% per calendar day<\/strong>. And finally the maximum possible return being offered by the program of 1.5% interest per calendar day<\/strong> is available to those spending upwards of $10,000 with a maximum cap of $30,000.<\/p>\n

There’s really not a great deal I can add at about the plan at this point, it might sound vague but it really is just a case of the individual investor filling in the blanks. It’s just a question of you deciding how much you want to spend, and doing the maths yourself to see how long it then takes you to break even, and assessing what you think ControlFinance<\/a>‘s chances are of getting you to that point. So let’s say you join ControlFinance<\/a> with $100. You earn $1 per day back on this for how ever long the program is with us. That means it’s going to take 100 days for you to break even, and then everything after that is your profit.<\/p>\n

As you can see the list of plans doesn’t really throw up any surprises for a program like ControlFinance<\/a>, but neither does the list of payment processors. There is some room for improvement (there always is in most HYIPs) but most of the popular ones are there, including PerfectMoney, Payeer, AdvCash and BitCoin<\/strong>. Payouts to members need to be requested manually by the investor by logging into their private members account area. Once done however the transaction should be processed instantly<\/strong>, with the money appearing in your e-currency account in under a minute in most cases.<\/p>\n

The only other thing I can think of relevant to the actual investment side of the program that you might need to know is the use of exchange system. In a nutshell you can join ControlFinance<\/a> using one payment processor and withdraw your earnings using another, depending on what suits you best on the day. It’s slightly more technical than that in the sense that you don’t just make the withdrawal request and nominate an account like you normally would, you need to go through the motions of using the exchange system. It’s quite simple though, and don’t worry, ControlFinance<\/a> don’t charge any fees for the service.<\/p>\n

With such low interest rates and no chance to get your principal back during the investment term it’s going to be a while before ControlFinance<\/a> gets noticed by a wider investment audience. The admin must realize that for sure, otherwise there was certainly no point to launch his program in summer, when investment activities are at a minimum. If the program survives until autumn then it could really take off and grow into something special. Quite a lot of material is available for advertising as well, so members can get more involved with the promotion.<\/p>\n

The design and security features also appear to be up to an acceptable industry standard. The ControlFinance<\/a> website is running off a script that’s been licensed from GoldCoders so it will be instantly recognisable for most regular HYIP players and easy to navigate. For an extra layer of security the program features a secure SSL connection from Comodo to allow safer browsing and more secure transactions. Hosting is on a dedicated server from CloudFlare with the anti-DDoS protection provided by SharkTech. Overall I have to say the website is quite user friendly, well designed to give a positive first impression, and multilingual to make it more appealing to a global audience. You can access the ControlFinance<\/a> website through Russian, Korean, or Vietnamese if any of those languages are preferential to you over English. A promotional video can also be seen on the ControlFinance<\/a> website, and has been embedded in the MNOVision page<\/a> as well.<\/p>\n

For any further questions about the program or important account related issues you might need to have dealt with then there’s a pretty good communications set-up in place for the members. You are clearly instructed to read the FAQ page before submitting any support requests, so naturally you would start with that. You can then get in touch via several different methods if you still need to, including the regular customer support form where you fill in your details and submit it online. You may also just write directly to the listed e-mail address for the admin if you prefer that. The ControlFinance<\/a> website comes with a built-in Live Chat feature you can check as well, where you might be able to get your questions answered in real time if an operator is available. It won’t waste too much of your time to check it before sending a support ticket. Live Chat is also available through ControlFinance<\/a>‘s Skype and Telegram accounts. You might also notice a postal address in the UK though I would suggest you ignore that as I recognize it as a serviced office used only for registration purposes and not where you would find anyone physically located that’s involved with the program. ControlFinance<\/a> are the latest program to employ a network of regional representatives, regular members like yourself who provide customer support on behalf of the program in their home countries and languages. You’ll find the list on their website as well as the contact details and languages spoken by each, so you may find one of them in your area. And lastly for fans of social media networks you’ll find ControlFinance<\/a> keeping profiles on Twitter, Facebook, and as I already mentioned Telegram.<\/p>\n

As for any alleged business activities supporting the interest payments, as you might expect in the HYIP industry it’s all a bit vague and a case of \u201ctalking a lot without saying much\u201d if you know what I mean. In other words there’s plenty about ControlFinance<\/a> supposedly being involved with the trading of cryptocurrencies, but nothing to actually prove it. The fact that they give exchange rates and claim to be trading in all cryptocurrencies but then only accept one (BitCoin) from members tells you a lot more here I think. But as you should all know by now, playing with HYIPs is basically a form of gambling so if you lose don’t think you can blame someone else for you spending more than you were able to afford to lose in the first place. Treat ControlFinance<\/a> as you would anything else in the HYIP industry and stay, as I said, within a sensible spending limit. And of course also remember that ControlFinance<\/a> would be better kept as a smaller part of a wider more diverse portfolio.<\/p>\n

So, what do you guys think? Like it or leave it? If you have given any thought to ControlFinance<\/a> and whether or not you would like to join it or not then I hope you won\u2019t mind sharing your thoughts with your fellow MNO readers by voting in the following opinion poll. As always it\u2019s completely anonymous and untraceable, and will only take literally a second of your time. The results are never exactly final as such, but will give an interesting picture of what investors do and don\u2019t like about HYIPs and how many of you make a good decision as we learn more about how the program performs. The question is:<\/p>\n

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Will you make an active deposit in ControlFinance<\/a>?<\/strong><\/p>