{"id":6121,"date":"2011-08-25T15:29:54","date_gmt":"2011-08-25T15:29:54","guid":{"rendered":"http:\/\/money-news-online.com\/blog\/?p=6121"},"modified":"2011-08-25T22:18:43","modified_gmt":"2011-08-25T22:18:43","slug":"25082011-daily-news-from-the-industry","status":"publish","type":"post","link":"https:\/\/money-news-online.com\/blog\/2011\/08\/25\/25082011-daily-news-from-the-industry\/","title":{"rendered":"25\/08\/2011. Daily News from the Industry"},"content":{"rendered":"

Hello everybody! First of all sorry if you were looking for the regular news update last night as I wasn’t online to update my blog. So I’m in Paris now and before hitting the town I’ve decided to post earlier than usual tonight to catch up with everything from the last couple of days and also have some free time in the evening to explore the Montmartre streets.<\/p>\n

Anyway, we’ll start with the program that made a lot of people nervous for the last four days during the prolonged downtime \u2013 GorgonProjectInvest<\/a> (reviewed here<\/a>). Apparently, that yesterday, after four days of downtime the admin Paul is still reporting problems accessing his site by a number of investors due to high volumes of traffic which could not be handled by the program’s new hosting provider Dragonara and its server which seems to be unprepared for such situations. That caused further downtime and made it very unstable over the last day. And though Paul did his best to pay to everybody their pending withdrawals that accumulated for the last few days even though the site was not in a good condition and not ready for the high volumes of traffic, it looks like this was not appreciated by some members who questioned me again why I kept GorgonProjectInvest<\/a> on Paying status. Well, the answer is simple \u2013 I trust Paul more than any other HYIP admin because for the eight months of monitoring on MNO and reaching #1 there the program never failed to deliver what they promised. And though there are some tough times for GorgonProjectInvest<\/a> now I firmly believe that they will overcome it and the proof is in the fact that withdrawals resumed even when the site was still offline and have continued yesterday and today. It definitely proves that Paul (interviewed here<\/a>) not only want to bring his program back to normal as soon as possible \u2013 he continues paying to existing members which indicates his real intentions to keep going despite all the obstacles encountered lately. Such determination should definitely be appreciated by GorgonProjectInvest<\/a> members who still benefit from great profits on the following investment plans for months already – 1.9% for 30 days, 2% for 90 days, 3.5% for 180 days, 3.65% for 365 days with principal returned on expiry. I’m aware that the GorgonProjectInvest<\/a> website might be up and down for a while but let’s give the admin the benefit of a doubt and appreciate his efforts in doing the right thing \u2013 paying the investors on time. I hope to see more encouraging news from GorgonProjectInvest<\/a> by tomorrow and I’ll update you if I do. So stay tuned!
\n\"\"<\/a>
\nWhen they see some programs having problems the thieves and conmen are never far behind to try and take advantage and scam you. One such criminal already mentioned in an earlier post on MNO opened the copycat website GorgRonProjectInvest<\/strong> started sending more emails asking victims to create an API in their LibertyReserve accounts allegedly to receive pending deposits faster. Of course, it’s complete nonsense and should be totally ignored by the members of GorgonProjectInvest<\/a> if they don’t want to lose their money. Creating an API only allows the scammer who sent you the request to transfer all of your money out of your account and into his. This email would not have even received coverage on MNO’s Daily news today if I wasn’t warned about it by readers who were vigilant enough not to allow the scammer to take advantage of the current situation, especially considering that at the time of writing GorgonProjectInvest<\/a> is back online and the payouts are processed within the usual timeframe of 48 hours. So do not be fooled and always carefully check the sender’s details as sometimes even one letter makes all the difference.<\/p>\n

As GorgonProjectInvest<\/a> is now hosted by Dragonara I believe that I should mention some recent allegations made against them by the admin of the recently collapsed Safearn<\/strong> which was moved to Problem status on MNO last night (do not invest there!). Anyway, knowing that the particular admin is usually quite good when it comes to running long lasting short term programs I was surprised that Safearn<\/strong> lasted for only nine days so I questioned him about what happened. To my surprise I received the following reply blaming the hosting provider Dragonara for the closure:
\n\u201cHello, Paul<\/em>
\n We provided our root account information to Dragonara.Net on August 23,2011 in order to let them help us check the reason why our server is slow. But the next day they logged in to our server and steal all our funds in our accounts.<\/em>
\n We will change the hosting provider with the next program. Please publish a news to inform other HYIP admin to warning the steal activity of Dragonara.Net. We also suggest that they change the hosting provider<\/em>\u201d.
\nI’m not sure if that is true or not, I mean there’s no way that I can prove that, but it’s definitely not the first complaint Ive gotten from HYIP admins regarding Dragonara. There were many many others but this hosting provider is still considered to be one of the best in the industry. If we assume it’s true I’m not so sure that moving GorgonProjectInvest<\/a> to Dragonara servers was such a smart move after all. Well, let’s hope it’s not true and any official response from Dragonara hosting regarding the allegations raised by the admin of Safearn<\/strong> which has stopped paying already would be highly appreciated and will be definitely posted on my blog. So far, I have only the version provided by the admin of Safearn<\/strong> and I can’t confirm or deny if that is true. Just something to think about anyway!<\/p>\n

One more attempt at criminal fraud uncovered by my readers yesterday when the admin of the miserably failed program SpringPoints<\/strong> started sending emails to his investors in order to get some sensitive information from them on an unsecured website and later on steal their money too. Please note that it was proved already that SpringPoints<\/strong>‘ admin is one of the worst and most dangerous industry scammers who won’t stop at anything to get his hands on your money. Please do not allow him to rob you and say \u201cno\u201d to that email if as a former member of SpringPoints<\/strong> you received it. Please note that for security reasons I will not be republishing this email on MNO but those who have received it will understand immediately what I’m talking about! Please beware of SpringPoints<\/strong> and don’t do anything he asks you in order to avoid further losses!<\/p>\n

The admin of CommoditiesCapital<\/a> James (interviewed here<\/a>) has decided to downgrade his program on MNO from Exclusive back to Premium status in order to get back other monitoring sites. To tell you the truth, I never quite understood why he made the upgrade in the first place as it wasn’t really suited to a program like his. It was actually online for a few weeks already and changing the listing at that time would not really be beneficial as he continued to pay monitoring sites scared that they could move CommoditiesCapital<\/a> to Problem status. So there was no real savings involved for the program. At the same time, some malicious admins refused to remove the program and put it to Problem status (like the well known scammer Hyipexplorer for instance). This caused further confusion among the investors of CommoditiesCapital<\/a> who could not understand the reasons for dropping other monitors in the first place. Many were scared of the Problem status on other monitors and therefore stopped depositing. I guess such a rapid and hasty decision was misguided and he went on to choose downgrading the listing with MNO. It’s sad to see it but at the current difficult situation in which CommoditiesCapital<\/a> apparently finds itself it was the only realistic choice for his program to survive and develop further. I respect this decision and would like you to read it by yourself below as to why this was done:
\n\u201cAdding monitors back<\/strong><\/em>
\n We decided to downgrade on MNO to Premium class again. We appologize if this won’t look very professional to you but as we are new to this industry we sometimes do mistakes maybe. What is important is that we are learning every time from this and we are doing our best to please our members. The Exclusive class on MNO was not what we expected (maybe we didn’t understood right what it supposed to offer) and it’s our fault for this. Anyway we are trying to make things better every day. Please all monitors that has been paid and helped us, add our list again and email us your monitors codes to add them in rate us area again. Thank you all for your understanding and keep supporting us as you did before.<\/em>
\n Regards, James. CommoditiesCapital<\/a><\/em>\u201d.
\nAnd obviously just to make his program more attractive to the members again the admin has announced increased prizes for the best referrals contest which is running now. The top referrers will be pleased to see the prize fund which will be redistributed among the three lucky winners rise to $850 in total. CommoditiesCapital<\/a> pays on four investment plans – 1.8% for 100 days (principal back), 3.2% for 45 days, 5% for 30 days, 6.5% for 25 days via AlertPay, LibertyReserve and PerfectMoney. More on the program read in my review posted here<\/a>:
\n\u201cPrizes Raised<\/strong><\/em>
\n It seems that our prizes for the referral contest were not so appealing to you(or so few members told us) so we decided to raise them. So first prize will be 500$ deposit bonus, second 300$ and 3rd prize 150$ deposit bonus. Now i hope this will make you fight for these prices more then till now. Good Luck!<\/em>
\n Regards, James. CommoditiesCapital<\/a><\/em>\u201d.<\/p>\n

Apparently following the examples of other successful long term programs like SafeDepositary<\/a> and NeoProgress<\/a> the administration of EurexTrade<\/a> has decided to increase the number of regional representatives. But strangely, Africa and Nigeria in particular are the first places to start according to the update posted on their website yesterday. I don’t know if anyone would take Nigerian representatives seriously as we know that the country has a kinda negative reputation when it comes to online scams. Of course while it’s fine for the HYIP players who actually live in Nigeria, I also think it would be more beneficial for EurexTrade<\/a> to make representatives in Europe and America, but this is just my subjective opinion. I hope the admin knows best. This is what was written on the site:
\n\u201cNew Local Representatives<\/strong><\/em>
\n To meet the needs of our customers, we are expanding our regional network.<\/em>
\n You may contact our representatives in Africa directly, concerning any question that interests you, as well very soon there will be a representative in Nigeria for consultations on general issues.<\/em>\u201d
\nI remind you that EurexTrade<\/a> can be considered as one of the most successful long term programs having run for over five months and never failing to process instant withdrawals to LibertyReserve and PerfectMoney to its investors providing them the variable returns on every business day on up to 2.9% and principal returned on request. To read more information on EurexTrade<\/a> please refer to my detailed review of the program posted here<\/a> and my interview with the admin (click here<\/a> to read it).<\/p>\n

I’m glad that the admin of JPDaily<\/a> Rich finally thought that it was the right time to answer my interview questions so I’ll be sending that to him later today. The program was already reviewed on MNO while it only accepted LibertyReserve and had a lower deposit minimum. I guess now that the minimum was increased to $20 and AlertPay and PerfectMoney were added as some additional processors an interview might show how JPDaily<\/a> is different from other programs. I think the originality of JPDaily<\/a> is obvious as you see by reading my original review of the program here<\/a>. You might know that the admin sends regular daily reports for his members announcing the results, and below you will find the latest two submitted by JPDaily<\/a> for the last two days:
\n\u201cDaily Result:+2.62% 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=1314130474<\/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 Today was long long long long long!<\/em>
\n And for what? Less than 2 rolls. OOFF!!<\/em>
\n At least three times we made a teeny tiny return before having the carpet whipped out from under us. That was so damned tedious clawing it back, clawing it back, clawing it back, getting within one good hand of a usable result, but nope! What a pain in the ass.<\/em>
\n Anyway… day done! We didn’t lose. Happy days.<\/em>
\n More tomorrow!<\/em>
\n Regards, Rich<\/em>\u201d.
\n\u201cDaily Result:+2.84% 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=1314217783<\/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 Good, today was alright actually. Not a huge result, but was a nice and straightforward day.<\/em>
\n Tomorrow or the next day we should be having an interview with MNO. Hopefully Paul will ask some insightful and interesting questions. And it shouldn’t be the normal charade of cut and pasted politically evasive answers you normally see admins spew lol.<\/em>
\n “How serious is your company?… Yes very serious with 300 traders investing into stocks, precious metals and forex and magically making the same result every single day with never any losses” lol.<\/em>
\n I’ll have some fun with that tomorrow for sure.<\/em>
\n I was thinking also that this Sunday, after paying the next batch of referrals. I’m going to auto-cashout all accounts under $20 again… In anticipation of next week when the “option for little people” I was talking about a while back, will be ready! But I want to try and cashout the little accounts in blocks – as otherwise takes ages to pay a million withdrawals.<\/em>
\n We’re going to launch that and run it side by side with JP<\/a> I think. Then as we do that, i’ll raise the minimum on JP<\/a> to at least $100, perhaps $200. And try and force the masses into the new, automated system, leaving only a few serious investors at JP<\/a> – who don’t opt to switch to the new system. (And that automated system – with a twist! – will then become one “pooled account” at JP<\/a>).<\/em>
\n And we’ll see how we go… Depending on how people receive that, we could eventually transfer all of JP<\/a> into it (as there are a few advantages with that system over this basic one, as you shall see!). But I don’t know yet. One step at a time!<\/em>
\n Anyway, all that is to come probably next week.<\/em>
\n And in the mean time…<\/em>
\n More tomorrow!<\/em>
\n Regards, Rich<\/em>\u201d.<\/p>\n

Another interview which is coming on MNO soon is the long anticipated one with the admin of the longest running program listed on MNO ReProFinance<\/a> which has been monitored for 445 days now. Since the original review was posted on MNO more than a year ago (click here<\/a> to read it) many things have changed. For instance, the investment plans are now more attractive and are offering 1.6%-2.3% for 90 business days and 1.8%-2.5% for 180 business days returns with principal back on expiry. Together with LibertyReserve and PerfectMoney which were the only payment processors originally accepted by ReProFinance<\/a>, these days you can also deposit via AlertPay and direct Bank wires. More recently a new rule was introduced allowing investors who joined via LR or PM but prepared to withdraw to their AlertPay accounts to get a 10% bonus on top of their withdrawals paid instantly. I can’t even count how many more changes ReProFinance<\/a> undergone during those 15 months online. And they keep improving! Their design for example is now much more professional than it used to be. Most recent news taken from their site invites the investors to take part in the discussions or become fans of ReProFinance<\/a> on their official Facebook page. More on that is below:
\n\u201cReProFinance<\/a> is now on Facebook!<\/strong><\/em>
\n Dear customers,<\/em>
\n We have opened a discuss board now on Facebook. Everyone is welcome to join the discussion. This is absolutely free discussion for both members and non-members. You can post opinions, questions, comments, thoughts, wishes, advises, and anything else you want to share among other customers. You can post here almost everything besides insults or things not concerned to ReProFinance<\/a>.<\/em>
\n http:\/\/www.facebook.com\/pages\/RePro-Finance\/221799537868561<\/a><\/em>
\n Please enjoy this page!<\/em>\u201d<\/p>\n

One of the most popular short-term programs online remains MInvestment<\/a> (reviewed here<\/a>). Since its introduction on MNO ten days ago they became a pretty established program and made a good name in the industry with a good level of communication and fast payouts to LibertyReserve and PerfectMoney on the following plans starting from a $10 minimum – 105%-130% after 1 day, 116%-220% after 3 days, 136.5%-600% after 7 days, 174%-950% after 14 days, 360%-2100% after 30 days. Looking at the plans you can see that the admin of MInvestment<\/a> is taking his program’s success pretty seriously and has paid for over 10 cycles already. Of course it would be na\u00efve to imagine that the long lasting program offering similar plans can survive for a long time without constant growth, so the admin is doing his part in order to spread the word about his program and make it the best in any possible way. The topic for discussion in today’s newsletter from MInvestment<\/a> is the affiliate program and some tips and tricks you can use to make a living from attracting other investors and making a more that generous 5% from their deposits. I guess if you’re kinda new to this promo stuff the following newsletter from MInvestment will be of a lot of interest to you:
\n\u201cMInvestment<\/a>‘s Official Newsletter – “Promotion Tools and Affiliate Program”<\/strong><\/em>
\n Hello dear investors, this is our second official newsletter.<\/em>
\n This time we would like tell you more about our Affiliate Program and how you can maximize earnings with ease. Before that, however, let’s take a quick look at our global stats so far.<\/em>
\n — Our Achievements —<\/strong><\/em>
\n MInvestment<\/a> is online for 11 calendar days already and again, it’s just getting started. More and more investors are getting familiar with our services and are starting to try them out. We are receiving tons of positive feedbacks from our clients thanking us for prompt payments and functionality. At this point we would like to thank you all for your cooperation and trust as well. Our clients are always our priority and what else if not making them happy is our greatest pride.<\/em>
\n During these 11 days we have attracted over 1,300 members and around 800 of them are active ones. Please let us know if you have any questions about our investment plans and products if you didn’t yet make an deposit. We are here to guide you trough and help with everything related to MInvestment<\/a>. Our investors deposited over $75,000 and we have withdrawn $30,000 to members’ LR, PM accounts. Good and stable figures to be mentioned in a newsletter.<\/em>
\n — Affiliate Program and Promotion Tools —<\/strong><\/em>
\n At MInvestment<\/a> you can tell your friends, colleagues and family about this opportunity and earn at the same time. If you’re an active investor with us (have at least minimum deposited of $10.00), then you are able to earn 5% directly from deposits made by people you refer.<\/em>
\n Basically all you need to do is make particular client register using your Referral Link. This way the system will recognize that it’s being referred by you and you will automatically earn from the referral each and every time he\/she makes an deposit with us.<\/em>
\n For better and more interactive promotional results, you can use our advertisement banners which are available in different sizes. They are designed to fit your needs and can be placed in your personal blogs, web sites, etc.<\/em>
\n Just visit “Referral Links” page when you’re logged in and you will find out everything you need to start maximizing your earnings now! It’s really that simple and we have already partnership accounts who earn serious cash because of referring new investors. Good luck with promotion and expressing the word about MInvestment<\/a>!<\/em>
\n That’s it this time. We’re looking forward to address more important features about our investment program in the next newsletters. Thank you for your attention if you took your time to read this message. It’s always our priority to focus on communication because we believe that an smart and informed investor is an successful investor.<\/em>
\n Best Regards, MInvestment<\/a> Team<\/em>\u201d.<\/p>\n

The newest addition to the MNO Premium list today was a brand new short term program called After60Days<\/a>. You might ask why the program is called that and the answer is obvious \u2013 the longest-running plan offered pays an astronomical 10,000% after 60 days. Well, I have huge doubts that After60Days<\/a> could last for so long and actually pay anybody joining this plan. In my opinion, you have much better shot if you choose from several other plans which accept LibertyReserve and PerfectMoney and start from $10 – 104%-20% after 1 day, 122%-200% after 5 days, and 200%-700% after 15 days. After60Days<\/a> use a pretty interesting flash intro with sound but you can skip it if you wish to get straight to the point \u2013 investing. Other features worth mentioning include a licensed GoldCoders script on which the program is running, SSL encryption which makes using the accounts safer and a dedicated server provided by AntiDDos hosting. More on After60Days<\/a> will be in my detailed review of the program soon!<\/p>\n

To close today’s update I want to briefly mention the programs that processed withdrawals for me during for the last 24 hours and are on Paying status on the MNO monitor:
\nGorgonProjectInvest<\/a>, StockBiz<\/a>, MGFunds<\/a>, InvestNetGroup<\/a>, PerfectLottery<\/a>, PowerfulStrategy<\/a>, HitNRunMasters<\/a>, MInvestment<\/a>, HyperCompound<\/a>, CommoditiesCapital<\/a>, SafeDepositary<\/a>, AllenFinance<\/a>, BrantonsGroup<\/a>, EurexTrade<\/a>, NeoProgress<\/a>, RockwellFunds<\/a>, OnlineInvestmentBank<\/a>, BaseBucks<\/a>, GlobalFxTrades<\/a>, MirexGroup<\/a>, PermanentProfit<\/a>, ViscoCorp<\/a>, TopsFund<\/a>, BetForInvest<\/a>, HotInvesting<\/a>, LargeEarning<\/a>, SecureEarn<\/a>, JPDaily<\/a>, ReProFinance<\/a>, PrimFix<\/a>, EarnGroups<\/a>, FixedMonthlyIncome<\/a> and BruyetteInvestment<\/a> (the first payment received).<\/p>\n

That’s it for today. I have to go now, guys! Hope to see you on MNO tomorrow with more of the latest news from the industry! Thanks for reading and good luck with your investments!<\/p>\n","protected":false},"excerpt":{"rendered":"

Hello everybody! First of all sorry if you were looking for the regular news update last night as I wasn’t online to update my blog. So I’m in Paris now and before hitting the town I’ve decided to post earlier than usual tonight to catch up with everything from the last couple of days and […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/posts\/6121"}],"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=6121"}],"version-history":[{"count":0,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/posts\/6121\/revisions"}],"wp:attachment":[{"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/media?parent=6121"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/categories?post=6121"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/tags?post=6121"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}