{"id":6107,"date":"2011-08-23T19:52:50","date_gmt":"2011-08-23T19:52:50","guid":{"rendered":"http:\/\/money-news-online.com\/blog\/?p=6107"},"modified":"2011-09-02T08:29:56","modified_gmt":"2011-09-02T08:29:56","slug":"23082011-largeearning-review-and-daily-news-from-the-industry","status":"publish","type":"post","link":"https:\/\/money-news-online.com\/blog\/2011\/08\/23\/23082011-largeearning-review-and-daily-news-from-the-industry\/","title":{"rendered":"23\/08\/2011. LargeEarning Review and Daily News from the Industry"},"content":{"rendered":"

Beware! LargeEarning has been moved to Problem status due to selective payouts! Do not invest! \u00a0<\/strong><\/span><\/p>\n

Hi guys! Before the day’s news stories I want to look at one of the most recent additions to my monitoring page. It’s called LargeEarning<\/a> and it appears to be the latest in a long line of often popular but sometimes controversial short term HYIPs that have become very similar in appearance and their approach to the industry. Regular MNO readers will probably know what I’m talking about instantly the instant you see the LargeEarning<\/a> website, and it really has the potential to go either way \u2013 a runaway success or a disappointing failure, with very little middle ground between the two.
\n\"\"<\/a>
\nIf I’m honest I’d say a lot of you could almost guess the LargeEarning<\/a> plans at this stage, you must be so familiar with programs like them. Certainly fans of short term HYIPs anyway. So as you might expect there’s a couple of good options that are likely (indeed have already started) to bring a modest but also generous profit considering the short investment terms involved to those members quick enough to get in early. Then there are options that could frankly go either way and will require a more serious gamble on your part. They might pay off, or then again they might not, so if you want to play then I would suggest doing so for no more than \u201cfun\u201d money, ie an amount you might not even realize that you’ve lost. And then as usually happens in programs like LargeEarning<\/a> there’s a couple of other options that are best avoided due to them being all but impossible to pay, even for one cycle.<\/p>\n

But let’s start with the more realistic plans. LargeEarning<\/a>‘s first one has already put a number of investors into profit, including myself so I can at least confirm that this one is working. It runs for just 1 single day<\/strong>, costs a $10 minimum to join, and makes an interest payment on expiry that will include your principal. So in other words join today and get paid tomorrow. For anything invested between the afore mentioned minimum and a sum of $200 LargeEarning<\/a> pay 105%<\/strong> on expiry<\/strong>, or 5% net profit on top of your principal. That would mean receiving $105 in total after a $100 investment for example. Higher rates apply to larger deposits and are calculated as follows:
\nAmounts from $201 to $500 are offered 106%<\/strong> on expiry, $501 to $1,000 is offered 107%<\/strong>, and from $1,001 to $3,000 is offered 110%<\/strong>.
\nThere’s no upper limit placed on what you can spend but if you want more information on amounts bigger than $3K then check out your LargeEarning<\/a> members area.<\/p>\n

LargeEarning<\/a>‘s second plan which at the time of writing is also due to put the first investors into profit very shortly runs for 3 calendar days<\/strong>. It still costs a $10 minimum to join (all their plans do) but this time payment on expiry of anything up to a $200 deposit will yield 118% on expiry<\/strong>, principal included. Again higher rates will apply to bigger deposits and will be made as follows:
\n121%<\/strong> for $201 to $500 invested, 124%<\/strong> for $501 to $1,000 invested, ans 150%<\/strong> for $1,001 to $3,000 invested.
\nAgain there is no maximum deposit for this plan either, but if you’re serious about risking something more than that then refer to the LargeEarning<\/a> member’s area for the remaining rates.<\/p>\n

Things start to get a little bit more risky with LargeEarning<\/a>‘s next plan which runs for a term of 10 calendar days<\/strong>. The minimum deposit is still only $10 though so as always if you like a gamble then there’s no need for it to be an unaffordable one. Interest rates are paid on expiry<\/strong> and for a deposit up to $200 will come to 165%<\/strong>, principal included. It’s hard to see that being sustained for long but as long as people don’t start throwing big money into it and keep deposits at a sensible level then honestly, it could surprise us. It’s a possibility anyway. Otherwise for larger deposits the rates include:
\n175%<\/strong> for $201 to $500, 185%<\/strong> for $501 to $1,000, and 300%<\/strong> for $1,001 to $3,000. There is no upper limit on deposits, but check the LargeEarning<\/a>‘s members area for the figures on bigger amounts if interested.<\/p>\n

The fourth plan runs for a 15 calendar day term<\/strong> and again gives you an interest payment on expiry<\/strong> that includes your principal. And again it’s tricky to say how many (if any) cycles can be completed here due to the difficulty of meeting the rates being offered. For a $10 minimum spend up to $200 LargeEarning<\/a> have a 205%<\/strong> rate available. That includes your principal so it’s over double your money, something that sure looks great if it can be done, but therein lies the question \u2013 can it be done? It’s your money, nobody else’s, so it’s your decision. For bigger deposits LargeEarning<\/a> have the following rates:
\n220%<\/strong> on anything from $201 to $500, 235%<\/strong> on anything from $501 to $1,000, and a pretty unlike sum of 450%<\/strong> on amounts between $1,001 and $3,000.
\nInformation on deposits above that can be found in the LargeEarning<\/a> members area. There is no maximum deposit.<\/p>\n

Moving on to plans that carry the highest level of risk, LargeEarning<\/a>‘s next choice runs for a term of 29 calendar days<\/strong> and offers one single payout on expiry. Deposits start from a $10 minimum and this time there are just two levels (though to be blunt this is only for informational purposes) with anything up to $500 offered a return of 500%<\/strong> and anything above that to a $50,000 maximum promising 2250%.<\/strong><\/p>\n

The final plan which I again include for information purposes only runs for a term of 60 calendar days<\/strong> and offers a risible 8500% interest on all deposits from a $10 minimum to a $50,000 maximum. There’s not much else to say here except that it’s best to not even discuss this plan. Because the simple fact of the matter is it only distracts us from the fact that LargeEarning<\/a> have other more serious plans that can realistically earn you an actual profit. No, not 8500%<\/strong>, but something genuinely achievable in the short term.<\/p>\n

Payment options are limited to either LibertyReserve or PerfectMoney<\/strong>, pretty much as you might have expected. Payments will need to be requested from inside your LargeEarning<\/a> account area, but one curious feature is the inclusion of a clock (well, more of a timer really) counting down from 24 hours. All members get paid at the same time once every 24 hours when this timer \u2013 which you can see on the LargeEarning<\/a> homepage \u2013 reaches zero. You get paid, the clock resets to 24 hours, and the whole process starts all over again.<\/p>\n

LargeEarning<\/a> is running off a licensed GoldCoders script and has a fully SSL-encrypted website. They are hosted on a dedicated server with support and protection by AntDdos who, while having no bearing whatsoever on the safety of your deposit, have had no serious problems that I am aware of when it comes to attacks or downtime. If you have any questions for the admin then you should contact him directly by filling in the online e-mail ticketing submission form that you can find on the support page.<\/p>\n

I think by now most regular MNO readers will recognize the pointlessness of debating the authenticity of LargeEarning<\/a> as a genuine business by now. It’s an online HYIP and a high risk game. Some of you I know will prefer to pass on this one and more of you will give it a shot. Nothing ventured nothing gained as the old saying goes, but as always don’t lose sight of the risks, nobody wants to know about it later when you lose more money than you could have afforded to, so try to stay within sensible spending guidelines and use LargeEarning<\/a> more efficiently as part of a more diverse portfolio.<\/p>\n

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

First news on MNO is about GorgonProjectInvest<\/a> (reviewed here<\/a>) which is now offline for three full days and the cause of much consternation among investors. Only those who know the admin of the program Paul (interviewed here<\/a>) and those who are already in profit from GorgonProjectInvest<\/a> remain calm, while others are, well, getting a little anxious and being too ready to listen to every rumor thrown at them doesn’t help the situation.. We could all discuss these conspiracy theories on MNO but since we have the official source of information on GorgonProjectInvest<\/a> who keeps updating us on the most current status (check out GPI<\/a>‘s official Twitter here<\/a>) I would prefer to stick with the facts and the information provided by the admin who proved everybody wrong so many times and keeps his program on Paying status after all these months. So, if GorgonProjectInvest<\/a> kept paying for all this time I wonder why I shouldn’t trust them now that the website is offline so nobody could make any deposits? Well the admin has never once let me down in the past and he has absolutely no reasons to lie about anything. Anyway, the latest news from today was not really encouraging (frustrating I think is a better word) as the site recovery is delayed possibly by another day. As the admin told me privately they were all set to go today and were just about to launch until unfortunately the script settings were too complicated and the database was also too large to get everything onto the new servers so soon. There are a lot of issues still have to be taken care of and surely, the security and future of GorgonProjectInvest<\/a> should in no way be compromised by the rush decisions. I’m sure all the investors of GorgonProjectInvest<\/a> realize that thing and will be grateful if the site is going to work again like clockwork once it’s back online. Another issue addressed by Paul in his exclusive update given to MNO readers is that the missing interest for these four days of downtime would be fully credited to members’ accounts as soon as the site is back online (hopefully tomorrow, fingers crossed!). More from the admin of GorgonProjectInvest<\/a> please read below:
\n\u201cOnce again we had a very frustrating day trying to sort out configuration issues with our new server. Our set up is not that simple compared to your run of the mill web site, we need to consider security and have multiple components that all need to work together and cannot be thrown together quickly. Our script is also highly modified and requires additional tweaking and modification. So, over the last few days in a mad rush to get the new server up and running a few things did not go to plan and caused this delay.<\/em>
\n Now, the good news is, that virtually everything is ready, all we are waiting for now is the database, because once it was all connected it started to process 4 days worth of interest payments for our 11000 members. So no one can log in just yet as the database is working flat out to get everything in order and ‘catch up’ with itself. This answers the question on many of your lips, ‘Will we be paid interest during the downtime’? The answer is yes.<\/em>
\n So, another day goes by with no web site on line, but all is well behind the scenes and we are looking good to be well and truly back on Wednesday.<\/em>
\n Keep checking the Twitter page for updates and we look forward to seeing you all soon.<\/em>
\n Regards. Paul<\/em>\u201d<\/p>\n

The admin of CommoditiesCapital<\/a> James (interviewed here<\/a>) has finally announced the winners of his slogan contest who had more \u201cLike’s\u201d on the program’s Facebook page. In total the four winners were credited with $180 deposit bonuses on one of the following investment plans currently offered by them – 1.8% for 100 days (principal back), 3.2% for 45 days, 5% for 30 days and 6.5% for 25 days. The minimum allowed to deposit in CommoditiesCapital<\/a> via AlertPay, LibertyReserve or PerfectMoney starts at $1 and for more on the plans please check out my review here<\/a>. Since CommoditiesCapital<\/a> has recently become a part of Exclusive listing on MNO you won’t find the program officially monitored anywhere else, so beware of fake statuses which some monitors can still display! More about the winners is in the latest update from CommoditiesCapital<\/a> below:
\n\u201cSlogan contest over<\/em><\/strong>
\n Our slogan contest ends now. We decided that just one prize might not be so fair so we offered prizes to first 4 places. So here are the winners and their prizes:<\/em>
\n user sonnyliem – 705 fans (“Like”) – first prize 100$ deposit bonus<\/em>
\n user anggraini89 – 275 fans (“Like”) – second prize 50$ deposit bonus<\/em>
\n user calwin – 121 fans (“Like”) – 3rd prize 15$ deposit bonus<\/em>
\n user chowee – 96 fans (“Like”) – 4th prize 15$ deposit bonus<\/em>
\n We congratulate all members who participate in our contest and wish them good luck in the new contest that we will announce few hours later. Thank you all for your support.<\/em>
\n Regards, James. CommoditiesCapital<\/a><\/em>\u201d.<\/p>\n

And just as the old contest ends another one starts for the members of CommoditiesCapital<\/a>. After the best slogan contest the next one is a more traditional referral one. So, start bringing active referrals in order to get $50-$200 bonus deposit prizes in CommoditiesCapital<\/a> which will be redistributed among the first three winners according to the following update:
\n\u201cNew contest<\/em><\/strong>
\n As i said before we are starting now a new contest. Several members suggested us to make a more common contest so as we want to please all our members we agreed.<\/em>
\n So the new contest it’s a referral contest. Only active referrals will count. First prize will be 200$ deposit bonus, second prize 100$ deposit bonus and 3rd prize 50$ deposit bonus. So it’s officially opened now. Start bringing referrals (active referrals mean they invested) and make sure most of them are active referrals to win. Enjoy it and good luck to everybody!<\/em>
\n Regards, James. CommoditiesCapital<\/a><\/em>\u201d.<\/p>\n

It looks like NeoProgress<\/a> (reviewed here<\/a>) decided to initiate exactly the same steps as SafeDepositary<\/a> (reviewed here<\/a>) did recently. In an attempt to exercise more control over the team of global representatives the administration have decided to place additional requirements on potential candidates for these positions. For a start they must now have an active deposit of $200 in one of the investment plans currently offered by NeoProgress<\/a> – 1.5% for 30 business days, 1.8% for 60 business days, 2% for 90 business days or 2.2% for 100 business days with principal return on expiry (deposits are accepted via AlertPay, SolidTrustPay, LibertyReserve, PerfectMoney and Bank wires). In addition, such candidates will have to have at least 3 active referrals to confirm their ability to work with people and attract the much needed additional money to pay to the existing customers. Obviously, the reason to become an official representative for such a huge and popular program as NeoProgress<\/a> which has been paying for many months already should be not only an emotional, but also at some level a financial attachment to the program, a demand met by having such a deposit. Here is the latest update from NeoProgress<\/a> regarding this change:
\n\u201cRegional local representatives update \u2013 NeoProgress<\/a><\/em><\/strong>
\n Since 16 of August after the opening of regional representatives program 44 people from 19 countries have already become our representatives.<\/em>
\n We decided to not overload our support team and marketing department and to make a natural selection of the best representatives, we introduce some restrictions for participation in our representative program.<\/em>
\n Now, to be our representative you need to have active deposit at least $200 and at least 3 active referrals. All already added representatives must accept our rules and make deposit of $200 and attract 3 active referrals during a week.<\/em>
\n NeoProgress<\/a> Client Support Department<\/em>\u201d.<\/p>\n

For the third time in a row the admin of PowerfulStrategy<\/a> offers a 5% bonus on your deposit which can be only offered today if you invest in one of the following plans starting from $1 via AlertPay, LibertyReserve or PerfectMoney – 1.8% for 10 business days, 2% for 25 business days, 2.3% for 60 business days, 2.8% for 120 business days with principal returned on expiry. The third-month anniversary is the perfect time to offer such bonuses, especially if you consider the long life of PowerfulStrategy<\/a> and the perfect payment record where in 99% cases the withdrawals are processed instantly (including the ones that offer you deposit on expiry payment). PowerfulStrategy<\/a> (reviewed here<\/a>) is already quite an established and popular program which has already reached the #7 position on MNO monitoring after just two and a half months listed. What else can I say about them for now? Just that perfect in everything. The latest news on today’s bonuses can be read here:
\n\u201c23 Aug is our birthday, our age – 3 months. In honor of that we announce the new bonus campaign! Make deposit 23th of Aug and you will receive bonus of 5% of the deposit amount to your balance during the day. You can withdraw this bonus instantly at any time! Campaign is active from 00:00 to 23:59 by server time.<\/em>\u201d<\/p>\n

Last night’s regular daily update from JPDaily<\/a> was posted later than usual so I was not able to include it in my daily news. According to him the delay was due to a late finish with the poker games where he allegedly gets money for the members of his program. The profit was announced less than 2% but it’s still better than being in negative which sometimes happens in JPDaily<\/a> (you can read more in my review posted here<\/a>). That was actually the reason why the results were announced later last night which the admin briefly explains in his update:
\n\u201cDaily Result:+1.74% for JPDaily<\/a><\/strong><\/em>
\n Todays result has been announced!<\/em>
\n Check your balances and request your withdrawals!<\/em>
\n Daily Report: http:\/\/jp-daily.com\/forum\/YaBB.pl?num=1314023494<\/a><\/em>
\n Investor Balances: http:\/\/jp-daily.com\/investors.htm<\/a><\/em>
\n Referral Stats: http:\/\/jp-daily.com\/referrals.htm<\/a><\/em>
\n News:<\/strong><\/em>
\n Finally! I got interrupted half way through playing earlier, and we were at a very small loss at the time, so I couldn’t announce a quickie result and call it a day. But I’ve pulled a late one and managed a proper result. So that’ll do for today!<\/em>
\n Time for bed.<\/em>
\n More tomorrow!<\/em>
\n Regards, Rich<\/em>\u201d.<\/p>\n

The admin of AllenFinance<\/a> was quite pleased to be reviewed on MNO last night, exactly on the day he requested his review to be published. Although I can’t say that he was quite so satisfied with my honest evaluation of his program and even asked me where I found all the stolen texts which I mentioned. Anyway, AllenFinance<\/a> has been paying for a few weeks already on 2.5%-4.5% for 90 days with principal returned on expiry via AlertPay, LibertyReserve and PerfectMoney. I hope that my review will revive interest to the program and make AllenFinance<\/a> last longer and I hope that we will see an interview from the admin soon if he ever wants to clarify all the disputed facts about his program. Here is the latest newsletter from AllenFinance<\/a> announcing my review (click here<\/a> to read it):
\n\u201cReview by MNO<\/em><\/strong>
\n\u00a0Hi Member. We are extremely happy to announce that we recently had an reviewed on the famous blogger, Paul, of Money-News-Online.com, and that, now the Review has been published in his blog for public reading. What actually heightens the level of excitement is that, this is the first review we had, and that too, in less than month’s time since we online. We really hope you enjoy reading it.<\/em>
\n Warm Regards. Admin. AllenFinance<\/a><\/em>\u201d.<\/p>\n

Below is the list of the programs that paid me today and remain on Paying status on the MNO monitor:
\nMGFunds<\/a>, EarnGroups<\/a>, StockBiz<\/a>, PerfectLottery<\/a>, BrantonsGroup<\/a>, SafeDepositary<\/a>, CommoditiesCapital<\/a>, ReProFinance<\/a>, NeoProgress<\/a>, HitNRunMasters<\/a>, HyperCompound<\/a>, MirexGroup<\/a>, PowerfulStrategy<\/a>, Safearn<\/a>, OnlineInvestmentBank<\/a>, ViscoCorp<\/a>, PrimFix<\/a>, AllenFinance<\/a>, EurexTrade<\/a>, StraDox<\/a>, PermanentProfit<\/a>, InvestNetGroup<\/a>, MInvestment<\/a>, TopsFund<\/a>, BaseBucks<\/a>, GlobalFxTrades<\/a>, RockwellFunds<\/a>, BetForInvest<\/a>, SecureEarn<\/a>, HotInvesting<\/a> and LargeEarning<\/a>.<\/p>\n

That’s about it for this evening guys! I’ll be posting a bit earlier than usual tomorrow as I have plans for the night \u2013 taking an overnight train from Berlin to Paris which I have to say I’m very excited about \u2013 so make sure and check out MNO then. I have an exclusive interview with the admin of UnitrustDirect<\/a> (reviewed here<\/a>) which I hope you’ll enjoy reading. Stay tuned for that, guys, and see you all tomorrow on MNO!<\/p>\n","protected":false},"excerpt":{"rendered":"

Beware! LargeEarning has been moved to Problem status due to selective payouts! Do not invest! \u00a0 Hi guys! Before the day’s news stories I want to look at one of the most recent additions to my monitoring page. It’s called LargeEarning and it appears to be the latest in a long line of often popular […]<\/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\/6107"}],"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=6107"}],"version-history":[{"count":0,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/posts\/6107\/revisions"}],"wp:attachment":[{"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/media?parent=6107"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/categories?post=6107"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/tags?post=6107"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}