{"id":5120,"date":"2011-03-06T20:23:41","date_gmt":"2011-03-06T20:23:41","guid":{"rendered":"http:\/\/money-news-online.com\/blog\/?p=5120"},"modified":"2011-04-01T15:16:20","modified_gmt":"2011-04-01T15:16:20","slug":"06032011-bestprofitinv-review-and-daily-news-from-the-industry","status":"publish","type":"post","link":"https:\/\/money-news-online.com\/blog\/2011\/03\/06\/06032011-bestprofitinv-review-and-daily-news-from-the-industry\/","title":{"rendered":"06\/03\/2011. BestProfitInv Review and Daily News from the Industry"},"content":{"rendered":"

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

Hi all! Hope the weekends been going well for you so far. As usual Sunday’s been a slow enough day on the news front but before I get to what stories I do have to report, I want to look at a new short-term HYI game that was launched only on Friday. It’s called BestProfitInv<\/a> and if you’re a fan of programs like this it might be worth your while taking a look because as you probably know timing is everything in this industry and the best opportunity you’re ever going get is pretty much by joining anything at the beginning.<\/p>\n

Once you sign up what you’re going to be presented with is an almost dizzying array of plans. Some are pretty good and are worth a gamble, others are a bit unfeasible to say the least, but if you use the right strategy then it’s totally achievable to get BestProfitInv<\/a> to work in your favor. Plans range from those that pay you by the hour to those that pay on expiry, so let’s see which of them might suit you the best.
\n\"\"<\/a>
\nThe first of eight plans in total runs for a term of just 1 single day<\/strong>. So it shouldn’t be too difficult for you to verify that it is indeed paying as numerous investors can testify to that. You can join for a minimum deposit of $10 and for anything up to a sum of $100 BestProfitInv<\/a> are returning 106% on expiry<\/strong>, principal included. If you’re prepared to spend a little extra then you can expect the rates to increase as follows:
\nFrom $101 to $300 will earn you 106.5%<\/strong>, deposits between $301 to $800 will get 107%<\/strong>, an investment from $801 up to $1,500 will earn 107.5%<\/strong>, and anything above that up to $5000 will get 108%<\/strong>.
\nHigher rates are available for larger deposits which you can see in the BestProfitInv<\/a> members area. There is no maximum spending limit and the highest rate they offer is 129%<\/strong>.<\/p>\n

Similar in style to the first plan, BestProfitInv<\/a>‘s second plan runs for 2 days<\/strong> before paying interest on expiry<\/strong>. The rates, when broken down to a per day basis, are only marginally better than the first plan. In fact by reinvesting in the previous plan for two consecutive cycles would give you a return of only a few cents less than the 2 day plan for most small to medium investors, so all you really gain is the convenience of not having to withdraw every 24 hours. But anyway, the plan works like this \u2013 for a $10 minimum deposit up to a $100 maximum you get paid 113% <\/strong>interest, principal included, on expiry. For a larger deposit you can expect the following:
\n$101 to $300 will earn 114%<\/strong>, from $301 to $800 will earn 115%<\/strong>, from $801 to $1500 will earn 116%<\/strong>, and from $1501 to $5000 will earn 117%<\/strong>.
\nHigher rates up to a 174%<\/strong> maximum are available to larger deposits which you can check from inside your BestProfitInv<\/a> member’s area.<\/p>\n

The third plan then in turn runs for 3 days<\/strong>, working along the same lines as the previous ones paying interest with your principal included on expiry<\/strong>. For a $10 minimum investment you are offered a payout of 120%<\/strong>. This applies to anything up to a $100 maximum. Other rates then apply as follows:
\n$101 to $300 will earn 121.5%<\/strong>, from $301 to $800 will earn 123%<\/strong>, from $801 to $1500 will earn 124.5%<\/strong>, and from $1501 to $5000 will earn 126%<\/strong>.
\nHigher rates up to a 199% maximum are available to larger deposits which can also be viewed from inside your BestProfitInv<\/a> member’s area.<\/p>\n

Next we see a complete change of direction from the program with their fourth plan making hourly payouts for a term of 24 hours<\/strong>. Minimum cost of joining remains unchanged at $10 and for anything up to $50 BestProfitInv<\/a> are paying 4.35%<\/strong> interest per hour<\/strong>. By the final payment that will have brought you a total of 104.4%<\/strong> interest which also counts your principal as part of it. Rates for larger investments will be calculated as follows:
\n$51 to $100 earns 4.4% <\/strong>per hour (105.6% total<\/strong>), $100 to $200 earns 4.42%<\/strong> per hour (106.08% total<\/strong>), $201 to $400 earns 4.44%<\/strong> per hour (106.56% total<\/strong>), $401 to $1000 earns 4.46%<\/strong> per hour (107.04% total<\/strong>), $1,001 to $3,000 earns 4.47% <\/strong>per hour (107.28% total<\/strong>), $3,001 to $5000 earns 4.49% <\/strong>per hour (107.76%<\/strong> total), and for anything above $5,001 with no maximum BestProfitInv<\/a> offers 5.4%<\/strong> per hour (129.6% total<\/strong>).<\/p>\n

Next is another hourly payment plan<\/strong>, this time running for 48 hour<\/strong>s. The individual payments themselves are smaller but obviously as there’s more of them the plan is ultimately more profitable. $10 is still the minimum deposit and for anything up to $50 BestProfitInv<\/a> are paying 2.25% per hour<\/strong>. This come to a total of 108%<\/strong> including your principal. Other rates include the following:
\n$51 to $100 earns 2.27% <\/strong>per hour (108.96% total<\/strong>), $100 to $200 earns 2.29%<\/strong> per hour (109.92% total<\/strong>), $201 to $400 earns 2.31%<\/strong> per hour (110.88% total<\/strong>), $401 to $1000 earns 2.33%<\/strong> per hour (111.84% total<\/strong>), $1,001 to $3,000 earns 2.35%<\/strong> per hour (112.8% total<\/strong>), $3,001 to $5000 earns 2.4%<\/strong> per hour (115.2% total<\/strong>), and for anything above $5,001 with no maximum BestProfitInv<\/a> offers 3.4%<\/strong> per hour (163.2% total<\/strong>).<\/p>\n

Then we come to a daily payment plan<\/strong>. The term runs for 2 days<\/strong> so you can expect two separate payments that will also count your principal. Anything between a $10 minimum up to $100 will earn you a daily payment of 56%<\/strong>, or 112% in total<\/strong>. And just like the other plans BestProfitInv<\/a> will make slightly higher payments to those investing more and more amounts. The rates include:
\n56.5% <\/strong>per day on $101 to $300 (113% total<\/strong>), 57%<\/strong> per day for $301 to $800 (114% in total<\/strong>), 57.5%<\/strong> on $801 to $1,500 (115% total<\/strong>), and 58%<\/strong> on $1501 to $5,000 (116% total<\/strong>).
\nLarger deposits are accepted with no maximum and a top rate of 100% per day<\/strong> could apply, which again you can see from your account area if interested.<\/p>\n

Next on the list is an on expiry plan which to be blunt has very little make it look attractive for anything other than amusement purposes. While I have little doubt that the plans listed above will make a decent return for a lot of you \u2013 indeed this has already started to happen \u2013 I’d be a bit more surprised to more than a handful (if even that) profit from this one. Certainly not on a consistent basis anyway. The plan itself runs for 29 calendar days<\/strong> at the end of which BestProfitInv<\/a> are offering one single payment that includes your principal. It costs $10 to join and for anything up to $100 you are offered 300%<\/strong> interest on expiry<\/strong>. Larger deposits are offered larger payouts with 400% <\/strong>offered to between $101 and $500, 800%<\/strong> available on from $501 to $1,000, 1200%<\/strong> paid on deposits of $1,001 to $3,000, and 1900% <\/strong>paid on anything larger. Hardly an achievable sum but there it is for your information.<\/p>\n

Also included purely for your information is BestProfitInv<\/a>‘s final plan. It offers you a 200% payout after 1 day<\/strong>. What’s the catch? It’s going to cost you at least $15,000 to join so one would suspect the only person to get rich from it would be the admin.<\/p>\n

Your choice of payment methods is very limited here with only LibertyReserve and PerfectMoney<\/strong> in use at the moment, which is unlikely to change. So keep the \u201cno refunds allowed\u201d policy in mind when deciding how much to spend. On the other hand BestProfitInv<\/a> are using instant payouts, which is only logical anyway considering this is essential for a program that pays you by the hour. Just request it from your members area and you should see it in your e-currency account within seconds.<\/p>\n

The program is running off a licensed GoldCoders script and is also hosted on a dedicated server by AntiDdos with an SSL-secured connection. You will also find various details relating to things like total amounts of money deposited, paid out, number of members, et cetera on the home page. Customer support if you have any questions for the admin is available by filling out the e-mail ticketing form on the contacts page and submitting it.<\/p>\n

Texts are original and vaguely allude to the ForEx currency markets where BestProfitInv<\/a> are alleging to ply their trade. Needless to say the rates being offered here are realistically going to be found in the ForEx world, or just about anywhere else outside of online HYIP based gambling games for that matter. So that would be as always how I suggest you approach them if you do decide to get onboard. However recent examples of very similar HYIPs would suggest that BestProfitInv<\/a> and programs like it can do very well and successfully run for a huge number of cycles (cycles of the shorter term plans that is, personally I’d avoid the longer term one). Of course like most businesses, HYI related or otherwise, this success will hinge on cash flow so the newer it is the better your chances. Just don’t go crazy with the spending, know your limits and stick to them rigorously, and try to protect yourself by keeping any investment with BestProfitInv<\/a> (or anybody else) as a smaller part of a wider portfolio.<\/p>\n

DAILY NEWS FROM THE INDUSTRY.<\/strong><\/p>\n

Let’s start today’s news update with the MNO Live Chat<\/a> session which has now been officially announced by the admin of MidasGoldFund<\/a> Warren. The session is scheduled for Wednesday, March 9th, at 19:00 GMT (London time). You’re all welcome to participate, guys, so if you have any questions then don’t be shy. Especially it will be useful for you if you intend to join the 1.7%-2.7% for 30 days with principal back on expiry plan offered by them or already have an active deposit there. I guess that live communication with the admin and the ability to ask your very own questions could go either way and make you trust him or the opposite, to make you less inclined to deposit.
\nRegarding the DDoS attack on MidasGoldFund<\/a> last night that made the site unavailable for some time Warren stated that it’s over and the site should load fine from all locations. However, if you still can’t access the site for some reason then you should send your IP address to Warren (interviewed here<\/a>) to whitelist it by their hosting provider and get you access to the site. This is the latest newsletter from MidasGoldFund<\/a> (reviewed here<\/a>):
\n\u201cHello MidasGoldFund<\/a> Members,<\/em>
\n As of this moment, everyone should be able to access our website since we moved into a new and improved DDOS protection filter. DNS Propagation takes time depending on your Internet Service Provider. If you happen to still not be able to access our website, please email us your IP address so we may check to see if it has been blocked on accident in the changeover in our DDOS protection. The DDOS attack was quickly filtered within a few quick hours. The rest depends on how fast your Internet Service Provider updates their DNS records.<\/em>
\n Additionally, I would like to announce we will be participating in a live chat session on the Money-News-Online.com blog where anyone may join in and discuss MidasGoldFund<\/a>. I believe this will be a great way to discuss anything involving MidasGoldFund<\/a> with current investors as well as many other interested parties.<\/em>
\n Join us on<\/em> <\/em>money-news-online.com\/chat<\/em><\/a> in the live chat this upcoming Wednesday, March 9th, 2011 at 19:00 GMT.<\/em>
\n Sincerely, Warren Lincoln<\/em>
\n President. MidasGoldFund<\/a><\/em>\u201d.<\/p>\n

The admin of DenXon<\/a> Nicole mentioned another review of her program in the latest newsletter, but I guess nothing can be better than the review published on MNO blog already (click here<\/a> to read it). Also she requested an interview from me and I will be sending her some questions tomorrow. If you have your own questions to the program offering a single perpetual plan of 2.5% daily forever and accepting AlertPay, LibertyReserve, PerfectMoney and SolidTrustPay as payment processors you can email me at abramsonp@gmail.com <\/em>within the next 12 hours or so and I will gladly include them in the upcoming interview. Meanwhile, in the latest email from DenXon<\/a> Nicole announced that during the first five days online the program has achieved quite good results and managed to attract over 400 investors with deposits of over $12K:
\n\u201cHello Everyone,<\/em>
\n This is the beginning of another new week, we are pleased to announce to you that we have been experiencing a steady growth with a total member no of 459 and deposit of $12,830, we believe this is good for this early days however we are going to continue processing payments to all request.<\/em>
\n Payments request are constantly paid, we hope you enjoy your time with DenXon<\/a>.<\/em>
\n Regards, Nicole<\/em>\u201d.<\/p>\n

If you remember last night I reported that ForexTradingTeam<\/a> (reviewed here<\/a>) had upgraded their DDoS protection level significantly by moving the website to BlockDos \u2013 the best DDoS protection service provider for HYIP sites in the industry. Perhaps, this decision was as good as upgrading the listing on MNO today to Premium status, meaning that the admin of the program John will be able to answer my questions for an interview pretty soon. In fact, I’m going to send some questions to ForexTradingTeam<\/a> tomorrow so again if you have anything to ask please let me know asap at abramsonp@gmail.com<\/em>
\nI remind you that for over a month already ForexTradingTeam<\/a> has been delivering instant payouts to AlertPay, LibertyReserve and PerfectMoney to those in their 2%-3% for 200 business days plan returning your principal on expiry. Of course with the minimum deposit allowed (only $10) investing in ForexTradingTeam<\/a> was affordable to nearly every investor. However today’s decision of adding two more payment processors to the list of those already accepted \u2013 SolidTrustPay and GlobalDigitalPay \u2013 definitely broadened the appeal of the program to a wider HYIP audience preferring to use them. In addition to those updates, ForexTradingTeam<\/a> also announced that they had established a partnership with InstaForex brokerage company whose banner now features on the website. The nature of this partnership as well as other interesting features of ForexTradingTeam<\/a> will be one subject of the upcoming interview on MNO which hopefully will be published soon. Meanwhile, you’re welcome to read the first monthly newsletter from the administration of the program:
\n\u201cDear ForexTradingTeam<\/a> clients,<\/em>
\n We are working online for a month now, happy to show you our first Monthly update.<\/em>
\n We have got to announce some significant updates about ForexTradingTeam<\/a> activity and upgrades we\u2019ve made lately.<\/em>
\n Before all, our company keeps strengthening and developing our winning currency trading strategies. We\u2019ve optimized our Forex trading methods that increased profits. We could get such impressive results due to you, our investors. Thank you for choosing us as your financial partner.<\/em>
\n ForexTradingTeam<\/a> has established partnership with Instaforex, Broker #1 in Asia.<\/em>
\n We have upgraded our DDoS protection to BlockDos providing strong DDoS protection in real-time.<\/em>
\n Complying with some of our investors\u2019 requests and keeping customer-centered policy, we have put Solid Trust Pay and Global Digital Pay to use. Since now you can invest into our program via any of 5 payment processors.<\/em>
\n We\u2019re sure that security measures, upgrading payment processors and establishing partnership with Instaforex make ForexTradingTeam<\/a> more trustworthy and very attractive for keeping long-term investing. Make more profits with us.<\/em>
\n ForexTradingTeam<\/a><\/em>\u201d.<\/p>\n

You might remember that a few days ago I moved CorpBayGroup<\/a> to Problem status on MNO. Well, the program is back on Paying status now and only today I received a short update from them saying that all the withdrawal requests had been processed. I’m glad that CorpBayGroup<\/a> is back to normal finally and still paying 2%-2.59% for 60 days to LibertyReserve and PerfectMoney having been monitored on MNO for nearly a month. However I find it quite noteworthy that the standard of English they use in their newsletters to the members of CorpBayGroup<\/a> (reviewed here<\/a>) is definitely far from perfect. Noteworthy because they are claiming to originate from the US. Anyway, almost every HYIP is a ponzi that has nothing to do with real business. And with case of CorpBayGroup<\/a> I’m sure they have nothing to do with real ForEx trading like they state. But I can’t deny that with such sustainable rates it’s entirely possible that CorpBayGroup<\/a> will last for a long time. Here is the latest update:
\n\u201cHello dear members:<\/em>
\n We are glad to inform you all withdrawals request has been processed.<\/em>
\n We apologize for any inconvenience.<\/em>
\n Thank you for your patient.<\/em>
\n CorpBayGroup<\/a> Help Desk<\/em>
\n Phone : +1 786 352 8882<\/em>
\n Fax : +1 786 352 8883<\/em>
\n Available 9 AM – 6 PM GMT Time (Monday \u2013 Friday)<\/em>
\n P.O. Box 8901 SW 157th Ave #16, Miami, FL 33196<\/em>\u201d.<\/p>\n

The admin of Agromatica<\/a> George is open to suggestions and proposals from members that will help make his program better and more attractive to online investors. This was covered in the latest mass email sent to the members of Agromatica<\/a> asking them to answer the simple questions listed below:
\n\u201cThis is broadcast e-mail to all members.<\/em>
\n Well. Firstly, I would like to thank members who mailed me about site design. Each opinion is very important for us to make Agromatica<\/a> better for members. We decided to open a poll with 2 simple questions.<\/em>
\n 1.<\/strong> You had opened an account and deposited. What was the most attractive for you?<\/em>
\n 2.<\/strong> You had opened an account, but not deposited yet, why?<\/em>
\n Please, take a time to answer.<\/em>
\n Poll: http:\/\/www.agromatica.biz\/poll.php<\/a><\/em>
\n Best regards, Agromatica<\/a> Admin<\/em>\u201d.
\nAgromatica<\/a> has been monitored on MNO for 12 days and has yet to become popular despite its acceptance of all the five popular payment processors (AlertPay, LibertyReserve, PerfectMoney, SolidTrustPay and GlobalDigitalPay). I guess the real popularity will come once it lasts for at least a few more weeks, because the investment plans offered are obviously not so profitable to attract the attention of the top investors yet. Agromatica<\/a> pays 0.5% for 15 days, 1% for 60 days, and 1.2% for 90 days with the principal returned and a $19 minimum deposit required. More on Agromatica<\/a> can be read in my review published here<\/a>.<\/p>\n

Here is the list of the programs featured in Premium and Standard listings on MNO monitoring<\/a> that paid me today:
\nBestProfitInv<\/a>, ForexTradingTeam<\/a>, FutureTrails<\/a>, CorpBayGroup<\/a>, Agromatica<\/a>, ExtraIncome<\/a>, OilCapital<\/a>, ImperialFund<\/a>, ExoticFX<\/a>, GainBucks<\/a>, DenXon<\/a>, ViscoCorp<\/a>, MidasGoldFund<\/a>, GorgonProjectInvest<\/a> and EliteAlliance<\/a>.<\/p>\n

I wish you the very best of luck with your investments and hope to see you on my blog tomorrow with the latest news and updates from the industry. But please be warned \u2013 visit MNO only if you want to read today’s news today. For yesterday’s news there are plenty of other sources. See you later, guys!<\/p>\n","protected":false},"excerpt":{"rendered":"

BEWARE! THIS PROGRAM HAS STOPPED PAYING! PLEASE DO NOT INVEST! Hi all! Hope the weekends been going well for you so far. As usual Sunday’s been a slow enough day on the news front but before I get to what stories I do have to report, I want to look at a new short-term HYI […]<\/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\/5120"}],"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=5120"}],"version-history":[{"count":0,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/posts\/5120\/revisions"}],"wp:attachment":[{"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/media?parent=5120"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/categories?post=5120"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/tags?post=5120"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}