{"id":8010,"date":"2012-09-08T02:41:45","date_gmt":"2012-09-08T03:41:45","guid":{"rendered":"http:\/\/money-news-online.com\/blog\/?p=8010"},"modified":"2012-09-08T02:41:45","modified_gmt":"2012-09-08T03:41:45","slug":"07092012-daily-news-from-the-industry","status":"publish","type":"post","link":"https:\/\/money-news-online.com\/blog\/2012\/09\/08\/07092012-daily-news-from-the-industry\/","title":{"rendered":"07\/09\/2012. Daily News from the Industry"},"content":{"rendered":"

Hello everyone! I must say that with the reputation of LibertyReserve steadily going down for the last few weeks due to the numerous account blockages (read more about it here<\/a>) the same way many HYIPs which accepted LibertyReserve as their major payment processor are going down too. You might notice that a lot of programs collapsed due to this mayhem in LR recently and the whole industry was shaken. It looks like it’s never going to be the same and with the lack of either ability or resolve from LibertyReserve to fix the issue more and more investors are switching to more stable currencies like SolidTrustPay, EgoPay and PerfectMoney to make investments. So the admins stuck in a time warp and only launch programs with LR (sometimes accompanied by PerfectMoney) can be in trouble as they will get very little action from people frightened by the possibility of finding their own LR account blocked. So my suggestion to such admins would be to think really hard about what their investors want and accept more payment processors in their programs. This will help ensure their programs will be able to survive this latest crisis.<\/p>\n

<\/a>
\nKBSINVESTMENT PROVEN SCAM!<\/strong><\/span><\/p>\n

It looks like the seemingly stable program KBSInvestment<\/strong> which was quite unique compared to its competitors has stopped paying and apparently the admin has simply disappeared. Well, I guess we shouldn’t really have expected much from an admin going by so many different names at the same time. It all looked like a game by the time it ended. I don’t know if it’s a coincidence but KBSInvestment<\/strong> pulled the plug just as LibertyReserve issues were reaching their peak and affecting hundreds of accounts causing major trouble in the industry. So it would be na\u00efve to think that programs like KBSInvestment<\/strong> which were quite old and only accepted LibertyReserve and PerfectMoney could survive. KBSInvestment<\/strong> has scammed and it’s not coming back, so please do not invest there. One more thing I can say about it is even if a lot of effort goes into a program and it looks very different that just means that the admin hopes it will attract more investors that a regular more orthodox program might. So the conclusion might be that even the most sophisticated and well made program can scam if the admin thinks he cannot continue. That is why it’s really important to diversify your funds and not to put everything even in the most promising program on the market which KBSInvestment<\/strong> might have looked like to some.<\/p>\n

<\/a>
\nHOURHOUR<\/a> \u2013 MNO REVIEW ANNOUNCEMENT AND LR TEMPORARY ISSUE<\/strong><\/span><\/p>\n

HourHour<\/a> remains the only Sticky program on MNO at the moment and it seems to be doing fine. By paying 1% hourly for the duration of 120 hours (5 days) and 150% after 240 hours (10 days) HourHour<\/a> has managed to attract a lot of new members looking for a quality and instantly paying program accepting all the popular payment options on the market \u2013 LibertyReserve, PerfectMoney, SolidTrustPay and EgoPay. The program has been online for only a couple of days and we will hopefully see the first investors in profit pretty soon. The review on MNO (click here<\/a> to read it) and the place of the program on Sticky listing was mentioned by the admin of HourHour<\/a> Kirk in the newsletter sent straight after the review of his program was published on MNO blog two days ago:<\/p>\n

\u201cWe Are Reviewed By MNO<\/strong><\/em>
\n Dear HourHour<\/a> members,<\/em>
\n It is our great honor to be reviewed by the most popular blog MNO.Your can read the full content by visiting the blog page on MNO.<\/em>
\n http:\/\/money-news-online.com\/blog\/2012\/09\/06\/05092012-hourhour-review-and-daily-news-from-the-industry\/<\/em>
\n Now we are also the only Sticky listing programme on MNO.<\/em>
\n Thank you.<\/em>
\n Best Regards. Kirk Walter<\/em>
\n CEO HourHour<\/a>.<\/em>\u201d<\/p>\n

I must say that Kirk is perfectly aware that HourHour<\/a> is a very sensitively balanced program and even the slightest sign of trouble like delays in instant payouts might send a scam alert to investors and affect the program very badly in a very short period of time. That’s why it’s of utmost importance for a good admin to update investors on all the changes in the program’s payout schedule. So when yesterday there was a problem with LibertyReserve’s API which prevented sending payments automatically for a few hours a newsletter was sent to members immediately and another one sent after the issue was resolved. At the time of writing I can confirm that HourHour<\/a> processes all the payments instantly except to EgoPay which is not yet supported by GoldCoders from which the program runs. Here’s both updates:<\/p>\n

\u201cAPI Problem Of Libertyreserve Now<\/strong><\/em>
\n Dear HourHour<\/a> Members,<\/em>
\n All Libertyreserve withdraws went to pending from about 1 hours ago. We have checked this matter and found that there is a problem with the API system of Libertyreserve. We even can not use masspay to process the withdraws manually. Every time it saying ‘Server returned an empty response.’And we have confirmed this problem with all other sites. We will process all pending LR withdraws when LR has fixed its problem. All withdraws to Perfectmoney and Solidtrustpay are still instant.<\/em>
\n Thanks and Regards<\/em>
\n Kirk Walter<\/em>
\n CEO HourHour<\/a>.<\/em>\u201d<\/p>\n

\u201cLibertyreserve API Back To Normal<\/strong><\/em>
\n Dear Hour-Hour members,<\/em>
\n Finally the API system of Libertyreserve comes back to normal and all pending LR withdraws processed. Now all LR withdraws are instant again.<\/em>
\n Best Regards. Kirk<\/em>
\n CEO HourHour<\/a>\u201d<\/em>.<\/p>\n

<\/a>
\nFINVANCE<\/a> \u2013 DEPOSITS EXCHANGES OPEN ON SATURDAY WITH NO FEES<\/strong><\/span><\/p>\n

You may remember last weekend the admin of Finvance<\/a> Mark (interviewed here<\/a>) made a very interesting move allowing everyone who makes a deposit into the 8% for 20 business day plan (the only plan Finvance<\/a> has by the way) for a limited period of time to exchange their deposits from one e-currency to another. And the most important thing is that such deposits were allowed to be exchanged with absolutely no fees. For instance, you make a deposit via SolidTrustPay and you wish to withdraw your return via PerfectMoney? Not a problem if you invested with Finvance<\/a> \u2013 simply contact the admin with the relevant information and your deposit will be converted to the e-currency of your choice. Simple, isn’t it? Anyway, as I said this exchange feature was available only for a limited time last week and not everyone could take advantage of it. So now you have another opportunity as for the duration of Saturday you will be able to make exchanges of all NEW deposits made in the program. I remind you that Finvance<\/a> accepts all the popular e-currencies \u2013 LibertyReserve, PerfectMoney, SolidTrustPay and EgoPay starting from $20. So in order to apply for a deposit exchange please make your deposit within the next few hours and follow the step-by-step guide provided in the following newsletter from Finvance<\/a> (reviewed here<\/a>):<\/p>\n

\u201cWeekend 0% Rate for ALL Currency Exchanges<\/strong><\/em>
\n Finvance<\/a> is announcing a second stress test for new additions to our currency exchange system. Our stress test is in addition to our already added exchanges of LR to STP and EgoPay. For NEW deposits between the sending out of this newsletter and tomorrow, Saturday 7PM Eastern Time (Saturday 11PM GMT) will quality for the below multi directional currency exchange stress test.<\/em>
\n The following exchanges \/ deposit conversions will be allowed for these new deposits:<\/em>
\n LR to STP, LR to EgoPay, LR to PM<\/em>
\n STP to LR, STP to EgoPay, STP to PM<\/em>
\n EgoPay to LR, EgoPay to STP, EgoPay to PM<\/em>
\n PM to LR, PM to STP, PM to EgoPay<\/em>
\n All these conversion exchanges will be at a 0% RATE. AN EVEN EXCHANGE. $100USD = $100USD<\/em>
\n Once you have made a new eligible deposit during the stated time period, please send an email to admin@finvance.com with the following information:<\/em>
\n Your Username<\/em>
\n COMPLETE AND FULL Transaction Details of Your Deposit<\/em>
\n Your Requested Exchange E-Currency<\/em>
\n Thank You for participating in our stress tests for the improvement of Finvance<\/a>.<\/em>
\n Finvance<\/a>.<\/em>\u201d<\/p>\n

<\/a>
\nYACHTWEALTHCLUB<\/a> \u2013 MNO INTERVIEW ANNOUNCEMENT AND 50 DAYS ONLINE<\/strong><\/span><\/p>\n

Apparently Koddos protection was not good enough for YachtWealthClub<\/a> to maintain stable uptime and the site had to switch servers to BlockDos just a couple of days after the interview with the admin Alan was published on MNO (click here<\/a> to read). BlockDos protection is more expensive but will certainly allow the program to avoid unnecessary downtime in the future as after 50 days online now they want to keep up their perfect reputation. Payouts to EgoPay, SolidTrustPay, LibertyReserve and PerfectMoney which are all accepted by YachtWealthClub<\/a> in two investment plans both paying out the original principal on expiry – 3%-3.5% for 7 days and 4%-5% for 10 days have made them one of the most popular short term programs online. Having gone for quite a number of cycles it looks like YachtWealthClub<\/a> is not going to stop there and the move to BlockDos is further proof they have some ambitious plans for the future.<\/p>\n

The interview on MNO was also announced in the last newsletter from YachtWealthClub<\/a> (reviewed here<\/a>) along with notice of the changed server time due to the necessary move to BlockDos. Please note the difference and adjust your expectations of the daily profits. The two latest updates from the program about the server change are below:<\/p>\n

\u201cNEWSLETTER #5<\/strong><\/em>
\n Hello Dear Investors,<\/em>
\n Today is 50 days online since we launched YachtWealthClub<\/a> and hope we proved our hard work in your eyes.<\/em>
\n We want to apologize for inconvenience you my faced today with an access to YWC because we moved our hosting to blockdos as we mentioned in our previous newsletter. Due to very stiff competition on the current market we have to use the best protection company for the best service we offer. For some countries DNS is still not updated, so please allow some time for DNS propagation. Maximum it takes 24 hours. You can try to use proxy or vpn to get an access as well.<\/em>
\n We would like to thank blockdos staff for their great support, for helping us to move and set up all security firewalls properly. You can check our nameservers here:<\/em>
\n http:\/\/www.checkdomain.com\/cgi-bin\/checkdomain.pl?domain=yachtwealthclub.com<\/a><\/em>
\n Our interview was published on MNO and you can read it by following the link below:<\/em>
\n http:\/\/money-news-online.com\/blog\/2012\/09\/04\/04092012-interview-with-the-admin-of-yachtwealthclub\/<\/a><\/em>
\n Thank MNO and its readers!<\/em>
\n We have added new monitors, representatives, new testimonials and will update a list within 24 hours.<\/em>
\n Looking forward for more testimonials and votes.<\/em>
\n Kind Regards,<\/em>
\n YachtWealthClub<\/a>\u201d<\/em>.<\/p>\n

\u201cYACHTWEALTHCLUB<\/a> SERVER TIME<\/em><\/strong>
\n Hello Dear Investors,<\/em>
\n Due to we moved to blockdos.net hosting our server time has been changed. Please allow a little difference in time when your deposit expires.<\/em>
\n If you have any questions feel free to contact us.<\/em>
\n Kind Regards,<\/em>
\n YachtWealthClub<\/a>\u201d.<\/em><\/p>\n

<\/a>
\nDIAMONDASSET<\/a> \u2013 WEEKLY NEWSLETTER ISSUED<\/strong><\/span><\/p>\n

If you read my review of DiamondAsset<\/a> (posted here<\/a>) you might remember that the program pays interest only on business days on the following investment plans – 1.8%-2.5% for 120 business days with the original principal returned on expiry. The minimum to invest is $10 and DiamondAsset<\/a> takes all the popular e-currencies including LibertyReserve, PerfectMoney, SolidTrustPay and EgoPay. Today they issued a newsletter mentioning that all outstanding withdrawal requests were honored and inviting everyone to check the program’s Facebook and Twitter accounts to stay on top of things:<\/p>\n

\u201cNewsletter<\/strong><\/em>
\n Dear Investor,<\/em>
\n Thank you for maintaining investment relationship with DiamondAsset<\/a>.<\/em>
\n This is to inform you that all Interest payments for this week has been successfully processed. We appreciate your patronage and invite you to FOLLOW us on Facebook and Twitter, this will enable you to get our Latest News and Updates faster;<\/em>
\n Facebook: http:\/\/www.facebook.com\/diam.asset<\/a><\/em>
\n Twitter: <\/em>https:\/\/twitter.com\/DiamondAsset<\/em><\/a>
\n Kind Regards,<\/em>
\n DiamondAsset<\/a>.<\/em>\u201d<\/p>\n

<\/a>
\nPEAKPAY AND 6MAGICPAY HACKED?<\/strong><\/span><\/p>\n

I was about to introduce two new programs added to MNO during the last couple of days but it looks like I will have to postpone this. I might be wrong but since both programs were running off the same script and maybe even by the same admin they may have been hacked by someone claiming that the admin ran 18AdsForYou<\/strong> before. I’m currently investigating the situation and have already contacted the admin\/admins of the programs \u2013 PeakPay<\/strong> and 6MagicPay<\/strong>. It looks that both websites’ databases were destroyed and there was no record of anyone ever signing up or any deposits made in either program. I have no idea who might be responsible but for now I had to move both PeakPay<\/strong> and 6MagicPay<\/strong> to On Hold\/Waiting status. Please refrain from registering and depositing into these websites before I get more information.<\/p>\n

<\/a>
\nGET PAID REPORT FOR 07\/09\/2012<\/strong><\/span><\/p>\n

Here is the list of the programs from my monitor that paid me for the last 48 hours:
\nFrom MNO Sticky list<\/strong>: HourHour<\/a>.
\nFrom MNO Premium list<\/strong>: NewGNi<\/a>, ProfitableSunrise<\/a>, OneInv<\/a>, Finvance<\/a>, EurexTrade<\/a>, RightFive<\/a>, FelminaAlliance<\/a>,\u00a0PlexCapital<\/a>, YachtWealthClub<\/a>, Bull&BearCapital<\/a>, BensonUnion<\/a>, MTResults<\/a>, PipsFund<\/a>, DiamondAsset<\/a>.
\nFrom MNO Standard list<\/strong>: UFOWin<\/a>, BGTGroups<\/a>.
\nFrom MNO Basic list<\/strong>: GoldTradeFunds<\/a>, CheeseCash<\/a>, PerfectLottery<\/a>, HippoWin<\/a>.<\/p>\n

That is all the news for tonight, guys. Enjoy the weekend and see you all on MNO in a couple of days!<\/p>\n","protected":false},"excerpt":{"rendered":"

Hello everyone! I must say that with the reputation of LibertyReserve steadily going down for the last few weeks due to the numerous account blockages (read more about it here) the same way many HYIPs which accepted LibertyReserve as their major payment processor are going down too. You might notice that a lot of programs […]<\/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\/8010"}],"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=8010"}],"version-history":[{"count":0,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/posts\/8010\/revisions"}],"wp:attachment":[{"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/media?parent=8010"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/categories?post=8010"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/tags?post=8010"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}