{"id":2933,"date":"2010-03-10T06:00:22","date_gmt":"2010-03-10T06:00:22","guid":{"rendered":"http:\/\/money-news-online.com\/blog\/?p=2933"},"modified":"2010-06-27T19:45:01","modified_gmt":"2010-06-27T19:45:01","slug":"09032010-highyieldclub-review-and-other-news","status":"publish","type":"post","link":"https:\/\/money-news-online.com\/blog\/2010\/03\/10\/09032010-highyieldclub-review-and-other-news\/","title":{"rendered":"09\/03\/2010. HighYieldClub Review and Other News"},"content":{"rendered":"

BEWARE! THIS PROGRAM HAS STOPPED PAYING! PLEASE DO NOT INVEST!<\/span><\/strong><\/p>\n

Hi everyone! Safe and sound in Toulouse this evening for the first time ever and I must say the last thing I was expecting to see was snow on the ground. To be honest I didn’t really know what to expect as I’ve never been to France before but I guess discovery is the point of exploration! Anyway, before tonight’s news update the program I want to talk to you about is called HighYieldClub<\/a>. And hopefully I can keep this one a bit shorter than last night’s review as there is (thankfully!) only two investment plans this time.
\n\"\"<\/a>
\nThe first thing I have to make you aware of about HighYieldClub<\/a> however is that it’s not quite new. It’s been online for well over a month now, in fact 40 days or so I think. But don’t worry too much about that. HighYieldClub<\/a> is a long term program so it wouldn’t be a major drawback. Still, I’d just prefer if you knew that from the start.<\/p>\n

Anyway, like I said HighYieldClub<\/a> has two investment for you to choose from. The first of which is called the HYC-BiWeekly plan which runs for 16 weeks and makes interest payments once every 2 weeks. Please note that one of the programs banners says otherwise, but I can confirm that the plan does in fact run for 16 weeks<\/strong>. Your payment will be based on the size of your investment and will look as follows: The minimum investment is just $5 and everything between that and $999 will earn 20% interest every 2 weeks<\/strong>. Your principal is already counted in those payments so in practical terms it works a bit like this \u2013 let’s say you invest $100. That means you would get paid $20 every 2 weeks for 16 weeks. That’s 8 individual payments of $20 which means you break even after 10 weeks (5 payments) and finish with $160 in total.<\/p>\n

For 16 weeks that’s a tidy little profit but it’s not an outrageously high return either so in the right hands it can be sustained for a while. But if you’re into taking bigger risks then HighYieldClub<\/a> will accommodate you as well. Deposits from $1000 to $2499 will receive 25%<\/strong> interest every 2 weeks and deposits of between $2500 up to the maximum of $75,000 will earn 35%<\/strong> interest every 2 weeks, both for the same 16 week term and both including your principal in the payouts.<\/p>\n

If you want something a little different then take a look at the HYC-DailyPlan. It’s a significantly longer term plan at 240 calendar days<\/strong> in length although the risk is somewhat offset by the fat that payments are made on a daily basis. In other words no matter what happens you will at least get part of your investment back. Of course it still takes you longer to break even. But let’s not start on too negative a note either. The minimum amount to invest is still only $5 and anything up to $999 will get you 1.2% interest per day<\/strong> with your principal already factored in. So that same $100 here will get you $1.20 per day, making you break even after 84 days and finish with a total of $288. Or 288% of your deposit if you prefer. It’s a tricky one to call but remember that you only need to get to day number 84 before you can count everything else as a bonus and programs paying a similar return have run for months and months in the past.<\/p>\n

For your information the higher paying options available include 1.3%<\/strong> interest paid per day on deposits from $1000 to $2499 and 1.5%<\/strong> per day on amounts from $2500 to the maximum allowed $75,000.<\/p>\n

Just like the previous plan by the way some discrepancies exist between what the public area of HighYieldClub<\/a> says this plan offers and what they actually offer in reality. It all looks a bit amateurish I’m sorry to say but let me confirm again that the plan, as seen from within the members area, runs for 240 days and not 280 days as stated on the public area.<\/p>\n

A couple of other things you may wish to know before signing up include obviously the payment options. HighYieldClub<\/a> is fairly well covered there with the five most popular payment processors accepted which are AlertPay, LibertyReserve, PerfectMoney, SolidTrustPay, and StrictPay. One other thing is that because of the script (Neversay) you are only allowed to invest in blocks of certain amounts. In this case however it’s multiples of $1 so that shouldn’t be an issue.<\/p>\n

Moving on to the security of the website, HighYieldClub<\/a> is up to a reasonable standard for the industry, though the truth is there is still room for improvement. The hosting provider is the ever reliable HushHosting who as usual prove to be a popular choice among HYI program admins. They’re keeping HighYieldClub<\/a> on a dedicated server and protecting them from DDoS attacks. The script is (as I already mentioned) under license from Neversay. All of which is great but where the program falls down a bit is the absence of SSL encryption.<\/p>\n

Contact with HighYieldClub<\/a> is quite good. If you open their support page for instance you will open a new page which will then provide you with a number of features. One of which is a series of links to some of the most frequently asked questions so at least you can stop yourself from going any further if you find your question there. Otherwise there is the more traditional support ticket submission system but also back on the HighYieldClub<\/a> homepage there is a Live Chat feature. The support network seems pretty well organized overall in fact.<\/p>\n

When it comes to business however please ignore the cryptic claims made by the admin and take this one, as usual, as a regular HYIP. Some texts include something called \u201cgamma strategies, gamma scalping and automated arbitrage trading.\u201d Perhaps a more fluent English speaker than I can explain this because I certainly can’t. But if you’re as curious as I am about what \u201cgamma scalping\u201d is then please contact the admin. Let me know the answer because I’m dying to find out!<\/p>\n

So on the face of it, a regular HYIP, nothing spectacular but not too bad either. And remember it only costs $5 to join so no need to spend thousands as part of a diverse and affordable portfolio. Unfortunately conflicting versions of the investment plans between the private member’s area and the public area lend a very amateurish feel to this one so caution as always is advised.<\/p>\n

OTHER NEWS FOR TODAY.<\/strong><\/p>\n

Today marked the official demise of GNI<\/strong> as we used to see it which was announced by its admin Robert in the latest newsletter. I’m not sure if anybody else expected this but I did do and predicted as much on my blog by suggesting that Robert close the program and pay back those not in profit. I know that Robert is a man of reason and most likely knows that too much damage was done to the program to continue in its present incarnation. That’s why refunds will be issued ONLY to those members not in profit at 101.5% rate (I think that’s more than enough to cover any losses!) and the new private venture will be started soon which will be more legitimate and more closed and available only as a private club investment. At least this is how I understand the last email from Robert issued today. More details will be issued later. I hope everybody not in profit will be refunded soon (no deadline was given yet) and I wish the renewed GNI<\/strong> the best of luck and thank Robert for his co-operation with MNO that continued for over a year and a half. Here is the latest newsletter from Robert if you haven’t seen it yet \u2013 GNI<\/strong> is officially closed as of now and moved to Closed status on my monitoring page<\/a>:
\n\u201cGreetings to the Most Loyal GNI<\/strong> Friends, Family & Associates and; Nemesis:
\nAs I have mentioned in the forum, I have spent the last few days in Northern Cyprus trying desperately to obtain those funds which belong to us – members and principals of GoldNuggetInvest<\/strong>.
\nBesides myself, I have been privileged to be assisted by Counsel (one of our attorneys) to not just make a strong presence on behalf of some faceless arbitrage project; indeed, but to help me place a face on the thousands of loyal GNI<\/strong> Customers who have (rightfully or not) depended on our presence and weekly payments to:
\n1. pay the rent or mortgage,
\n2. pay doctor’s bills,
\n3. pay for a family member’s schooling,
\n4. retire in a manner that is consistent with the years of service provided to their employer,
\n5. take a well-deserved vacation with someone special or
\n6. have some peace of mind in these troublesome times.
\nDespite our best efforts, and monumental efforts were made by all concerned, we could not get the directors, regulators or oversight administrators to relent. There were several tactics employed, a couple of which were most creative, but it was of no use. We thought we may have a foot in the door, only to have it cut off. What I can say is we tried damn it….we tried our hardest; but we could not overcome this hurdle.
\nWithout this income, we go in reverse. We have had suggestions, offers which included members giving us funds, members willing to delay the taking of payments, partial payments, the entire spectrum of suggestions; the reality is, however, these suggestions amount to a band-aid when in fact a tourniquet is called for.
\nI must, for the sake of the sanity of myself and my family, the GNI<\/strong> Team Members, the Principals and our most trusted customers, shut down Goldnuggetinvest.com effective immediately and permanently. This decision will not be reversed.
\nRefunds: Despite the ‘disingenuous’ overtones having made its way around the world of on-line investing, we will be refunding those members who are NOT in profit, an amount equal to 101.5% of their principal investment (this includes interest payments already received) rendering EVERY person who invested with us, more than whole as defined by Commonly Accepted Principles of Accounting. The instructions will be provided within the next 48-72 hours; will be straight-forward so this can be expedited.
\nThe new GNI: GNI<\/strong> has the concept, the tools and the strategy somewhat perfected in the world of Sure-Bets. We will be making an announcement at 08:00 (GMT) on Friday, March 12 as it pertains to our future. We can give a hint: It will be a completely and totally PRIVATE program fashioned in a manner that is compliant in any and all world-wide jurisdictions with no limitations. This program has been in the planning stages for nine months and was to be run in parallel with GNI<\/strong>. Nothing more will be said until Friday.
\nSummary \/ Conclusion: I want to take a moment to thank all of you, our GNI<\/strong> family for all the kind words and support you have shown over the past several months. I never anticipated some of the hurdles which we had been forced to try to navigate. This program was my baby, you were my extended family. This program was a sense of pride, an attempt to help those of you who needed it the most. I have never, nor has my team, hid from reality; perhaps we were a bit over-confident, but our intentions were and always have been true.
\nOur next chapter will be very bright, very private, but very bright. I hope to see all of you join in the journey.
\nThank you from my heart!
\nWith kind regards, Robert and the GNI<\/strong> Team<\/em>\u201d.<\/p>\n

I hope after what happened with GNI<\/strong> about their closure there will be more people that will listen to my advice in other programs because for some of them the future doesn’t look too bright. For instance, script issues in GeniusFunds<\/a> definitely caused some financial troubles that made them search out new sources of income from the whole membership. Only a blind man would now deny that to invest your money in a program that has several payout and script issues, not to mention a hearing before the Canadian courts in a couple of weeks might not be such a clever move. And while the payouts are still processed the future of GeniusFunds<\/a> will most likely depend on cash flow meaning if the new plan will become popular among serious investors. According to the new plan the investors will be paid the higher fixed weekly interest of 10.2%-12.3% on every deposit (the shares can be sold at any time with 25% applied if you wish to do it within the first 30 days). Most definitely the new plan is aimed to keep GeniusFunds<\/a> going before the hearing in British Columbia commence in April where the program will almost definitely lose and will be officially announced as a ponzi. I hope that this strategy will work for the sake of the existing members, however it would be really uncomfortable for me to recommend you to throw thousands in GeniusFunds<\/a> right now, at least before the script issues are resolved and everybody is paid as usual, of course if you’re not a super great follower of that program and are aware of all the risks involved. If you’re still interested in investing in GeniusFunds<\/a> here are all the details of the new investment plan you need to know:
\n\u201cThe new WBMF Select Offering
\nAn e-mail was sent yesterday from our servers advising of a new investment fund being offered selectively to private clients. Unfortunately, a technical problem caused the e-mail to be sent to all our investors. After the meeting of the board of directors, it was decided to offer the new fund publicly to all investors and not selectively. Therefore this fund is now available for purchase by all investors that hold an account with us.
\nSelect 1 Shares:\tUSD 2000
\nSelect 2 Shares: \tUSD 25000
\nSelect 3 Shares:\tUSD 50000
\nIncome distribution
\nDistribution period:\tWeekly, on Mondays
\nDividend range:\tFixed at 10.2% for Select 1 Shares, 11.6% on Select 2 and 12.3% on Select 3 Shares
\nInvestment term:\tVariable, shares can be sold at any time. However, shares sold within the first 30 days of purchase are subject to 25% commission<\/em>\u201d.<\/p>\n

Somebody asked me today my opinion about NanoMoneyCorp<\/strong> and if it’s going to return to the stable payouts soon. I think it will not happen and unfortunately I admit that NanoMoneyCorp<\/strong> ended like this after 4 years of stable work. It’s another proof that even long-lasting HYIPs cannot be considered as very safe and you should not deny the possibility of losses even in the most stable programs at the moment.<\/p>\n

The admin of Aballong<\/a> Alrea (interviewed here<\/a>) announced a proposal last night where she invited members to try their luck and do a little betting of their own. You can do so within your members area. Please also remember that as promised previously the second investment pool will be open for investments only until such time that Aballong<\/a> reaches $100K. After that it will again be closed for new sign-ups and investments. Some members will be allowed to invest more during the summer football world cup, however this will only happen if you have at least $1,000 in active deposits in your account. I remind you that Aballong<\/a> is a program based on soccer arbitrage betting and is offering weekly variable returns with possible upgrading of your account via different methods including all six recommended by MNO payment processors and Bank wires for verified members. Below is the latest newsletter from Aballong<\/a> (reviewed here<\/a>):
\n\u201cMartin and I want to give our investors the possibility to make their own arbitrations, therefore we not show bets a few days delayed but upcoming bets with odds their bookies.
\nThis is a pretty unique opportunity to learn and start arbitration yourself. Still do not forget we are happy to do the bets for you, and you can just lay back, go maybe to the beach and have when you come back your daily earnings.
\nWe were having also some DDOS yesterday, but Hushhosting was able to block the attacks quite quick, a big thank you to them. If you can’t access the site in some areas, you might clear your browser cache and maybe restart your modem to get a new IP, but as Hushhosting informed us all should be back to normal and host-tracker shows Aballong<\/a> up worldwide.
\nPlease remember Martin and I will only offer this second pool, and we will be closed for for registration and investments after the pool amount is arrived. We also do not allow reinvesting or new investments after the closing of the second pool. For existing Members we will have the opportunity during the football world cup in South Africa to deposit in a special world cup plan, but this will only be offered for investors with at least $1000 already invested within our system.
\nArbitration situations will be updated daily, so feel free to make your own money with the bookies, but you need quite great amounts to make real arbitration.
\nAlrea<\/em>\u201d.<\/p>\n

There was another extensive update in my mailbox from Garrett, the admin of PTVPartner<\/a> (reviewed here<\/a>) this morning. He updated us about the schedule for this week’s meetings, promised to launch the new and redesigned PTV blog soon due to some issues with WordPress closing down their previous blog, reported about other important blog posts and published the usual joke of the day. The most important thing about this update is that the PTVPartner<\/a> team is currently working on improving the functionality of the website including the imminent implementation of Bank wires which would be a really great addition to the four payment processors currently accepted by PTVPartner<\/a>: LibertyReserve, PerfectMoney, StrictPay and GlobalDigitalPay. I remind you that the investment plans you can join with include\u2026… (more on that can be read in my updated review of PTVPartner<\/a> published here<\/a>). Here’s the latest newsletter:
\n\u201cMEETINGS THIS WEEK:<\/strong>
\nMarch 10th midnight GMT (4pm PST, 6pm CST, 7pm EST)
\nMarch 12th 4am GMT
\n(for North America that’s ** Thurs. March 11th- 8pm PST, 10pm CST, 11pm EST**)
\nMeeting Update:<\/strong>
\nIn order to make sure our program is secure and more user-friendly, we are constantly working to improve our site. Right now a lot is being done. Some things are visible and some things are being done in the background. There will be a minute or two here or there where something may not be responding quite like it normally would. This can be caused if we happen to be working where you are at the time. If that happens give it a minute or maybe two and then re-attempt whatever you were trying to do.
\nWe will be adding two servers, everything is backed up and synchronized so there will be no difference on the user side. However, on the program side everything will be being kept on different servers. When everything is completed we will have a total of 6 dedicated servers, completely offshore, ddos protected and everything secure.
\nAlso, we plan to upgrade moderator support abilities by allowing them to access general screens in accounts. Nothing personally identifiable would be accessed but it would approve their ability to assist with account questions and “how-to”s.
\nOur financial account is not completed yet. However, we are working on integrating the script at the moment so that it will allow greater function and a separate page\/system to add to the ease of bankwiring functionality.
\nBlog Update:<\/strong>
\nWordpress has suspended our Blog. We will no longer be located at wordpress.com.
\nSeems we are a bit too controversial! Going against the Grain! Rubbing someone Raw!
\nSo, we will host our own blog and report what we want, when we want and how we want. We will continue to supply the facts and insider information affecting the globe.
\nThe new Blog with be a complete remake. Much more user friendly, better design, more organized and still as revealing as always. It may take us another 24 to 48 hours to get it into shape. But you can rest assured we will make it happen as soon as possible.
\nOutside Blog Articles of the Day:<\/strong>
\nYesterday we pointed to articles on the economy. Today we will focus in another direction. Both articles are found on the same blog so they will be easily located. The first is:
\nBig Brother’s Money Laundering Fraud Expands
\nWhile much that’s done in the US is said to be based on the fear of “terrorism”, much that’s done in the end, results in nothing that significantly assists us in curtailing illegal activities. Instead it merely creates income for the government because after-all we have to raise confidence even though the main
\nhttp:\/\/baumanblog.sovereignsociety.com\/2010\/03\/big-brothers-money-laundering-fraud-expands.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+bobbauman+(Bob+Bauman)
\nThe Best Offshore Banks: or Offshore Banking Demystified
\nMany have been asking about asset protection and offshore banking. Here’s an article that will help you understand better some of this. The acts are often misconstrued or convoluted. If you’d like to learn something about this area there’a a really good article from Peter McFarlane of the Qwealth Report:
\nhttp:\/\/www.escapefromamerica.com\/2010\/03\/the-best-offshore-banks\/
\nBoth the Qwealth Report and EscapeFromAmerica are good resources for information regarding moving offshore both physically and just for asset protection as part of a whole package.
\nJoke of the Day:<\/strong>
\nSigns Found In The Kitchen
\nSo this isn’t Home Sweet Home … Adjust!
\nRing bell for maid service. If no answer, do it yourself!
\nI clean house every other day. Today is the other day.
\nIf you write in the dust, please don’t date it!
\nI would cook dinner but I can’t find the can opener!
\nA clean kitchen is the sign of a wasted life.
\nMy house was clean last week, too bad you missed it!
\nI came, I saw, I decided to order take out.
\nIf you don’t like my standards of cooking …lower your standards.
\nAlthough you’ll find our house a mess, Come in, sit down, converse.
\nIt doesn’t always look like this: Some days it’s even worse.
\nA messy kitchen is a happy kitchen, and this kitchen is delirious.
\nA balanced diet is a cookie in each hand!
\nThou shalt not weigh more than thy refrigerator.
\nBlessed are they who can laugh at themselves for they shall never cease to be amused.
\nCountless number of people have eaten in this kitchen and gone on to lead normal lives.
\nMy next house will have no kitchen … just vending machines.
\nI’d live life in the fast lane, but I am married to a speed bump.
\nMother does not live here any more, clean up your own mess.
\nMartha Stewart doesn’t live here!!
\nStart the Experience … join PTVPartner<\/a> and … Free your Life!!!<\/em>\u201d<\/p>\n

I wonder if anybody else received the same phishing email allegedly from the admin of NasMos<\/a> as I did, asking to deposit directly into some scammer’s account for a special plan. I hope you didn’t buy it because you must only deposit in NasMos<\/a> by logging into your account and depositing to them via LibertyReserve, PerfectMoney and StrictPay into 4%-6% for 40 days plan (the only plan offered by the program). Please remember that there is no special plan available for the members of NasMos<\/a> (reviewed here<\/a>) and be careful when receiving such phishing emails:
\n\u201cWe found some scamers sent FAKE Email and Asked you make deposit at new plan,
\nJust We try inform you we never do not do this work,don’t trust to that scamers,
\nAlso if you made deposit we do not add in our site.(because this is your mistake)
\nJust our URL is NasMos<\/a> don’t trust to another …<\/em>\u201d.<\/p>\n

WWFD<\/a> (reviewed here<\/a>) was another program that reported about some PerfectMoney API issues and suggested to wait before everything is fixed. I know that making the payments manually can be a very time consuming process so let’s just hope PerfectMoney API issues will be fixed soon. Here is the update received from WWFD<\/a> program:
\n\u201cPerfectMoney API has problem, so we can’t pay PM withdraw requests. Please be patient.
\nThanks. WWFD<\/a><\/em>\u201d.<\/p>\n

There was some good from MandarinInvest<\/a> (reviewed here<\/a>) today. The recent poll on their website showed huge support for the new payment option which is now available to their clients \u2013 Bank wires. The minimum to invest via Bank wire will be $1,000 with 3% charged fee. Moreover, in addition to the existing internal exchange between the already accepted e-currencies the admin Robbyn (interviewed here<\/a>) plans to introduce exchanges to and from bank wires to provide members with highest number of options in managing their funds. I guess that’s one of the main reasons why investors like MandarinInvest<\/a> along with instant payouts. I remind you that currently MandarinInvest<\/a> offers the following investment plans with principal returned on expiration: 1.1% for 30 days, 1.3% for 100 days and 1.6%-2.1% for 150 days. Here is the latest new from them:
\n\u201cAlmost all members who participated in the poll were for adding bank wires. For this reason we were working on it today and from now on MandarinInvest<\/a> also accepts bank wires. Bank details can either be entered while registering a new MI account or in the “Edit account details” section at the top. You wont be able to edit them later, so please be careful before saving the details and if you want to edit them later on, you will have to contact our support. Wire transfers are handled as a separate e-currency within your MI account. Minimum deposit with bank wires is $1000, minimum withdrawal – $1000, deposit fee – 3%. You will be redirected to a website of our partner where you have to enter your MandarinInvest<\/a> username (login), transfer amount and other details. Your MI account will be credited with the amount entered minus 3%. After that you will receive an e-mail with bank details you will have to use to send the wire. The deposit will be added as soon as we receive it, within 3 business days. The internal e-currency exchanger also offers exchanges from bank wires to an e-currency in case you would like to make a deposit via bank wire and withdraw to an e-currency. We also plan adding the e-currency – bank wire exchange direction. This way you will be able to request a withdrawal directly to your bank account. We will inform you of this in one of the newsletters.
\nSincerely, Robbyn Hart\u201d<\/em>.<\/p>\n

The admin of XagaEnterprise<\/a> Kevin (interviewed here<\/a>) strangely decided to reduce the minimum deposit in his program before the pending closure and it going private. I don’t really understand how this offer fits in with the recent bonuses offered by the admin just a week ago and it seems to me that his strategy of attracting the money is not too consistent. I don’t understand why XagaEnterprise<\/a> operated so thoroughly well for such a long time (it’s being monitored on MNO since May 2009), however the possibility of going private was only raised now. I can’t judge the program’s performance though as so far XagaEnterprise<\/a> was close to perfect in handling the payouts for all of the investment plans it’s offering be it the perpetual plans of 1.2% on every business day forever or 8%-10% weekly forever or the regular plans of 0.5% for 30 business days or 0.7% for 90 business days plans. The program came along the long way but all this going private fuss stuff is really bugging me and I hope it will not influence your decision to deposit into XagaEnterprise<\/a> because even if the program is really going private I’m sure there will be many investment opportunities later when the program will re-open for general public again. For more information on the plans please check out my detailed review of XagaEnterprise<\/a> published here<\/a> and for the most recent newsletter from Kevin please check out below:
\n\u201cDue to the fact the baccarat gaming tables have maximum betting limit (around 25K each hand) and the amazing growth of XagaEnterprise<\/a> (around 4K members), I decide to go private soon. The total amount accepted for investing in XagaEnterprise<\/a> is limited to $63,554 only! As soon it reaches the target, the investment button will be closed.
\nSo you may consider to add some investment here. It\u2019s an option. Not a must. When it hits $63,554, members and visitors can\u2019t invest anymore and the reinvestment feature will be disabled as well.
\nPlease notice that XagaEnterprise<\/a> is not a forex based company. XagaEnterprise<\/a> is a legitimate business run by the pros. Comps trading model. I can\u2019t handle any larger amount above $63,554.
\nXagaEnterprise<\/a> will go private soon. Let\u2019s make some money guys!
\nThank you. Xaga Rocks!
\nRegards. Kevin and Team<\/em>\u201d.<\/p>\n

Please note that GeneralIncome<\/a> (reviewed here<\/a>) changed their support phone number and from now on you can call them on a different number. The good news is the bug with LibertyReserve deposits has been fixed and they are added to members’ accounts instantly as well. I remind you that the payouts from GeneralIncome<\/a> are also instant to most of the payment processors accepted (except STP) on all the following short-term investment plans offered by GeneralIncome<\/a>: 110% after 3 days, 120% after 5 days and 150% after 10 days. The program has been online for 10 days already ans is still doing well. For more details on that please refer to my recent interview with the admin of GeneralIncome<\/a> published here<\/a>. This is the program’s latest newsletter:
\n\u201cGreetings to all GI members!
\nWe’ve finally managed to fix all problems with deposits from LibertyReserve. LR was blocking all outgoing post-backs. Now everything works perfect!
\nOur first 10 days online has past and I would like to thank you for being active and supported our program. Today our first VIP bonus package was given to member whose username is olens11. Congrats!!!
\nIn next few days a new Referral Contest will be opened – more info later.
\nYou can read an MNO interview with me HERE<\/a>.
\nDon’t forget to past your votes in monitors and payment proofs at forum!
\nWe changed our phone support number to +1 (254) 655-1531
\nSincerely, Sebastiaan!<\/em>\u201d<\/p>\n

10 days online though has nothing else in comparison to the three months online which HugMoney<\/a> has been paying to its members on three investment plans: 122% after 5 days, 135% after 7 days, 200% after 20 days. This achievement is quite remarkable if you see at these high rates of interest. HugMoney<\/a> accepts all five most popular payment processors and pays on expiry quite fast. I think the payouts are processed several times per day which also encourages the enormous growth in membership HugMoney<\/a> is enjoying recently. For more details on HugMoney<\/a> you can refer to my recent updated review published here<\/a> or read the interview with the admin of the program here<\/a>. Currently I’m planning to send the second interview in commemoration of HugMoney<\/a>‘s three amazing months online which allowed to really get rich to some members. The most recent long update received by HugMoney<\/a> members tonight touches many different topics but I would specially like to mention the new referral contest that is starting tomorrow, the importance of the members support, the strict prohibition of self-referring and refback sites, the importance of updating your account with payment processors details if necessary and allowing the admin to answer all the support questions within 48 hours without submitting multiple requests to reduce the work overload. More on that please read below in the latest newsletter from HugMoney<\/a>:
\n\u201cGreetings HugMoney<\/a> members!
\nFollowing the great success of our last referral contest we have decided to run another one starting very soon. There’s going to be a few changes made this time however and we think it will be a lot more popular with our regular members.
\nWe noticed that all the main prizes were won by monitor sites, and we felt that that might not be entirely fair on the average member who does not have the same time and resources to promote their referral link. So we think it only fair that everyone else get a fair chance in the next one. This is how it’s going to work:
\na) The contest starts on March 10 and finishes on March 17.
\nb) The prizes will be \u2013 first $500, second $300, third $150
\nBut this is what’s going to be different \u2013 one contest will apply exclusively to monitors, blogs, and other assorted internet professionals. The second contest however will apply exclusively to regular HugMoney<\/a> investors. So this is an ideal opportunity for you to win some nice bonus for yourselves. As before all we ask is that you give a fair and honest assessment of your personal experience with HugMoney<\/a>. Just tell the truth. Tell them how much you invested and how much you got paid for it. You really don’t need a blog or monitoring website for that!
\nPlease also allow me to be very clear about one rule \u2013 only new and active referrals who join under you from March 10 onwards will be counted. Older and inactive members are not included. But I do think that because we have removed the monitoring sites from this that your chances of winning are vastly improved, but also remember what I said before the last contest. If you don’t win a prize you will still earn some commissions and anything that benefits HugMoney<\/a> as a program also benefits its members.
\nThe next important issue we need to discuss is that of our members support. Please remember that HugMoney<\/a> is not only one of the most popular investment sites online today, it’s also the fastest growing. Let me promise you that we always try our best to deal with each and every one of your questions as quickly and as efficiently as possible. But we’re only human and our support operators can only answer one e-mail at a time. Generally all issues are fixed within 48 hours and usually a lot faster but please be patient. We have a huge volume of traffic so I would ask you if you do have a problem then do not submit more than one ticket. In the very unlikely event that your problem is not dealt with satisfactorily within that time, then sorry for missing it, please write to us again and accept our apologies, There is no need to submit duplicate tickets before 48 hours, so we kindly ask you to refrain from doing so. In the long run it helps us deal with your and everyone else’s questions a lot faster.
\nAnother issue that has been brought to my attention is the almost unbelievable fact that many members with active deposits have actually neglected to provide us with their payment processor account details. I mean how on earth are you expecting us to pay you!?!?! Remember that it’s not just a simple matter of depositing in HugMoney<\/a>, you must provide us with you account details as well. For example, AlertPay customers must give us their AlertPay e-mail addresses, LibertyReserve and PerfectMoney users must give us their account numbers (starting with the letter U in both cases), StrictPay users must also give us a account number, and SolidTrustPay users need to provide us with a user-name. I understand that many of you are new to the business of online investments so you need to keep that in mind. We simply can not pay you if you don’t tell us your account.
\nAlso note that due to the increased fees applied by some processors we regret that we are unable to make payments of less that $1 to AlertPay and SolidTrustPay users. This has no effect on your account and you can withdraw as normal as long as you are asking for a minimum of $1. This rule does not apply to the other payment processors.
\nOne very important rule that continues to be broken by a small number of members is that of dual accounts, i.e members opening second and third accounts and using themselves as referrals. This practice is strictly prohibited by HugMoney<\/a> and we will have no hesitation in closing the account of anyone found doing this. In fact we have already removed a number members that have tried to abuse the system in order to benefit themselves at the expense of others. If this happens to you and you think we have made a mistake then we will request that you verify your identity with us (contact us for details on how you can do that). But please be aware that under no circumstances will HugMoney<\/a> tolerate this behavior.
\nAnd this leads me on to my next point. Because of this last issue, and let me assure all genuine HugMoney<\/a> members that this is for the good of the program, certain people have become very angry and have been threatening us and blackmailing us. Threaten away! We act in the interests of our members at all times, and nothing else. Therefore I would ask all monitoring admins that receive bad votes about HugMoney<\/a> to kindly verify the facts surrounding these complaints before acting on them. Invariably it turns out to be one angry blackmailer who tries to spread rumors and panic. So monitors \u2013 please act responsibly! Contact us to verify these claims before acting and we will satisfy you that its the complaining member that has broken the rules.
\nStaying on the subject of monitors I would also like to address the issue of \u201crefback\u201d, i.e monitors that pay you to join a program under their referral. Please note that HugMoney<\/a> also strictly prohibits this practice and if we become aware of any monitor, blog, or regular monitor offering this service then we will again have no hesitation in freezing your account. We consider this practice to encourage \u201chit and runners\u201d, in other words people who join just to get the extra ref-back, and then leave the program as fast as possible without ever re-investing. And if they do re-invest, they still withdraw everything and join again under another ref-back site. Why is this necessary when HugMoney<\/a> already accommodates re-deposits from your existing account? The answer of course is greed, and greed at the expense of the honest members. So HugMoney<\/a> will no longer tolerate this.
\nBy the way it really is quite simple to re-invest from your balance anyway. First just go to your account, choose a plan, choose the amount you wish to spend, and then choose deposit from account balance of your payment processors. Just follow the instructions from there really. We have tried to make it as easy as possible for you so there is no reason for us to tolerate ref-back sites.
\nBut remember that we as a program depend on you as members. We all need to help each other. So when we help you (by paying you!), please help us by voting for us on monitors, posting proof on forums, and leaving positive comments on any media where HugMoney<\/a> is covered. Remember it’s your program too, so anything good for HugMoney<\/a> is good for the members. We have been online for 3 long months now and I challenge you to find any other investment program offering the rates of interest that we do that has survived as long as this. Trust me, don’t even look because it isn’t there! But we have quite a sizable reserve built up now so rest assured that we can continue to support the program and its members for quite some time. Our main ambition is to make HugMoney<\/a> the biggest online based investment project ever and with your help I sincerely believe we are well on our way to achieving that. We have never let you down in the past and we’re not about to start now!
\nUntil next time, warmest regards, HugMoney<\/a> Administration team.<\/em>\u201d<\/p>\n

DynFxTrade<\/a> (reviewed here<\/a>) which is paying on three \u201cforever\u201d plans of 1% daily, 6% weekly and 25% monthly made this latest announcement on the results of their first ref contest. I remind you as well that the admin of DynFxTrade<\/a> has been interviewed by MNO today (read the interview here) and if you want to read more about the program you’re welcome to refer to my original review published here<\/a>:
\n\u201cDynFxTrade<\/a> is pleased to announce the winners of our first referral contest! The contest began Feb.22nd and ended today, March 9th. This was for the sponsors with the most upgraded members in the contest time period. Here are the winning leaders:
\n1st place: Big Profits ………. $100
\n2nd Place: Money News…….$50
\n3rd Place: GoldPoll……………$25
\n4th Place: Dreams of Profit …$20
\n5th Place: RevShareInfo……..$15
\nThe prize money was paid automatically by the system into the accounts of the winners a few minutes ago, and can be found under Current Cash Balance (ROI).
\nCONGRATULATIONS to all the above sponsors! We’ll begin an exciting new contest shortly.
\nAll payouts have been fulfilled for today! Please be sure to post in forums and vote on monitors when these are received. The members who do this faithfully are much appreciated.
\nHave a good Wednesday, Your DynFxTrade<\/a> Team<\/em>\u201d.<\/p>\n

One good program otherwise quite seldom mentioned in the news is WaterInvestment<\/a> (reviewed here<\/a>). It was not without reason as the payments from WaterInvestment<\/a> are only processed on a weekly basis but no delays on 10%-14% weekly for 20 weeks with the principal back on expiry. The only significant news for its second month online was the recent addition of StrictPay which is now accepted along with LibertyReserve and PerfectMoney (both in dollars and euros). By the way, some documents were finally uploaded on the WaterInvestment<\/a> website today proving their incorporation in two countries. And though it really doesn’t give you a guarantee on your investment it might make the program more popular among current investors. I would also suggest the admin add more payment options in the future as they are still quite limited (bank wires wouldn’t hurt either). Anyway, here is the latest from WaterInvestment<\/a>:
\n\u201cWe are glad to announce that most of our registration documents are now available to download from the FAQ’s page of our website. All the files are presented as-is in .PDF format.
\nYou are receiving this message because you have opened an account with WaterInvestment<\/a>.
\nWarmest regards, WaterInvestment<\/a> Administration<\/em>\u201d.<\/p>\n

The very small update I received today from just recently added and reviewed short-term program called 10000Dollars<\/a> (read the review here<\/a>). Actually it was only a notification to the existing members of the program about the review published on MNO and the upcoming interview (I’m going to send some questions for the admin tonight):
\n\u201cREVIEW with 10000-Dollars.com<\/a> has been published on Money-News-Online.
\nhttp:\/\/money-news-online.com\/blog\/2010\/03\/09\/08032010-10000dollars-review-and-other-news\/<\/a>
\nINTERVIEW \u2013 soon.<\/em>\u201d<\/p>\n

Please note that if you’re a member of AlertPay and using a G-mail address to receive confirmation emails from them after every transaction you might have experienced some delays in delivery lately. I myself had these issues for a few days but today it seemed everything came back to normal. Anyway, if you’re still experience those troubles with AlertPay please read the following update addressed to all G-mail users of AlertPay:
\n\u201cUnfortunately we are experiencing some delivery issues for emails to the gmail.com and Google Apps hosted domains today. It appears that most mails being sent from our servers are being delayed for up to 6 hours, a condition which appears to have started around 3:00 PM this afternoon.
\nWe are in contact with Google’s helpful postmaster team and hope to have the issue resolved shortly.
\nIf you have a gmail (or a Google Apps) email as your primary email address and you have not received a sign up confirmation, password reset, transaction confirmation, or other AlertPay system message, please don’t fret! Your messages should arrive in the next couple of hours. We apologize for any inconvenience this issue may have caused you dear user!<\/em>\u201d<\/p>\n

I had to move two programs to Problem status on MNO tonight. They are CelexProfit<\/strong> and AlphaInvestments<\/strong>. They both stopped paying two days ago and unfortunately I didn’t receive any explanation of why that happened from their admins. So I assume both CelexProfit<\/strong> and AlphaInvestments<\/strong> became a scam. Please do NOT invest in them anymore!<\/p>\n

Most of the programs listed on my monitoring page<\/a> are still keeping the payments quite fine and for the last 24 hours I was successfully paid from the following programs:
\nGeneralIncome<\/a>, HugMoney<\/a>, PTVPartner<\/a>, NasMos<\/a>, RedOrchidInvest<\/a>, WestFinance<\/a>, BiotechInvFund<\/a>, EuroNanoInvest<\/a>, FinanceNova<\/a>, DynFxTrade<\/a>, Dragadox<\/a>, MandarinInvest<\/a>, GloboFunds<\/a>, WWFD<\/a>,\u00a0 WaterInvestment<\/a>, TheKapital<\/a>, Aballong<\/a>, BioEnergyFunds<\/a>, AvaInvestment<\/a>, UmaxFunds<\/a>, ScootFx<\/a>, MoneyPlus<\/a>, InvestAward<\/a>, IncoForex<\/a>, 10000Dollars<\/a>, CSMFinance<\/a>, BVBC<\/a>, AtlantisMutual<\/a>, OneDailyPro<\/a>, AimTrust<\/a>, PanaMoney<\/a>, GeniusFunds<\/a>, SmartTradersInv<\/a>, DepositPalace<\/a>, Plents<\/a>, WeeklyDividend<\/a>, XagaEnterprise<\/a>, Super12Arbitrage<\/a> (the first payment received) and HighYieldClub<\/a> (the first payment received).<\/p>\n

I have added another program to my listing today and this is very recently launched PrimaryPool<\/a> program. The program looks very nice, using a totally customized script and being hosted on a dedicated server with the highest Enterprise level of protection from BlackLotus. There are many other features I like about PrimaryPool<\/a> and which I’m going to describe in the upcoming review of the program on MNO: SSL-encryption, the original bonus of the day feature when an investor with the biggest deposit of the day is rewarded with 10% bonus, the translation of the site into five languages (not auto-translation), etc. Unfortunately PrimaryPool<\/a> accepts only two main payment processors (LibertyReserve and PerfectMoney) with the addition of Russian WebMoney and Ukrainial LiqPay payment processors which makes me think that the administration of PrimaryPool<\/a> has some slavic roots. The minimum to invest into the program is $30 and there is only one option for you that will be available depending on the amount of money you’re ready to deposit into PrimaryPool<\/a>: 1.1% for 30 business days (for the deposits from $30 to $499), 1.4% for 60 business days (for the deposits from $500 to $4,999), 1.7% for 120 business days (for over $5K deposits) and 2% for 120 business days (for over $12K deposits). On every plan you can set your own desired level of compounding and will received your principal back on expiration. I think PrimaryPool<\/a> is quite a promising new low-ROI program and I’m going to bring you the review of it on MNO pretty soon. So stay tuned for it!<\/p>\n

Tomorrow you should expect a review of a new perpetual program called Super12Arbitrage<\/a> offering 12% weekly with no expiry. And of course there will be more news from the Industry for your reading pleasure! Stay tuned and stay on the money with Money-News-Online! See you tomorrow!<\/p>\n","protected":false},"excerpt":{"rendered":"

BEWARE! THIS PROGRAM HAS STOPPED PAYING! PLEASE DO NOT INVEST! Hi everyone! Safe and sound in Toulouse this evening for the first time ever and I must say the last thing I was expecting to see was snow on the ground. To be honest I didn’t really know what to expect as I’ve never been […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4,6],"tags":[],"_links":{"self":[{"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/posts\/2933"}],"collection":[{"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/comments?post=2933"}],"version-history":[{"count":0,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/posts\/2933\/revisions"}],"wp:attachment":[{"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/media?parent=2933"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/categories?post=2933"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/tags?post=2933"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}