{"id":9391,"date":"2013-04-09T16:51:59","date_gmt":"2013-04-09T22:51:59","guid":{"rendered":"http:\/\/money-news-online.com\/blog\/?p=9391"},"modified":"2013-04-11T04:54:16","modified_gmt":"2013-04-11T10:54:16","slug":"09042013-splitprofit-review-and-daily-news-from-the-industry","status":"publish","type":"post","link":"https:\/\/money-news-online.com\/blog\/2013\/04\/09\/09042013-splitprofit-review-and-daily-news-from-the-industry\/","title":{"rendered":"09\/04\/2013. SplitProfit Review and Daily News from the Industry"},"content":{"rendered":"

Beware! SplitProfit has stopped paying! Do not invest there!<\/strong><\/span><\/p>\n

Hello everyone! If you were reading here last night you will have seen that a couple of brand new programs were added to the MNO monitoring site yesterday. So as promised before this evening’s news update I want to bring you more detailed reviews of them on my blog over the coming few days, starting tonight with a short term HYIP called SplitProfit<\/a>. It’s a fairly straight forward program, typical of the industry and nothing too complicated going on. So let’s take a look at SplitProfit<\/a>‘s investment plans and other main features and see if there’s anything there you might like.<\/p>\n

I suppose the best place to start is usually with the plans, that being the most important area of SplitProfit<\/a> that most of you will want to hear about first. You have three to choose from in total, all of which make one single return payment to you on expiry of terms running for various lengths. So clearly some of them are much riskier than others, though SplitProfit<\/a> balance this out somewhat by keeping the minimum cost of joining all three plans to a very affordable minimum for all investors. So in financial terms the only real risk in joining SplitProfit<\/a> is determined entirely by you the investor.
\n\"\"<\/a>
\nSo the first plan runs for 3 calendar days<\/strong>, and sees SplitProfit<\/a> accept a minimum deposit of $10. Spend anything up to $999 and they offer to pay you back 114%<\/strong> interest on expiry<\/strong>. This includes your principal of course so basically it’s your own money back plus 14% net profit. Or to put it another way, if you invested $100 you’d be hoping for a repayment of $114 three days later. SplitProfit<\/a> offer slightly improved interest rates for those taking a bigger gamble, with 114.5%<\/strong> offered to investors spending from $1,000 up to $2,999, and\u00a0115%<\/strong> offered to anyone spending more than that up to $9,999 which is the maximum accepted by them in one single deposit.<\/p>\n

The second option pays on expiry<\/strong> after a riskier 7 calendar day term<\/strong>, though if it works out successfully then you are rewarded with a more generous interest rate. On the plus side SplitProfit<\/a> still only require a $10 minimum to join so at least it’s an affordable risk. On expiry of the term all deposits up to a maximum value of $999 are being offered a single payout of 138% interest, a figure which includes your initial principal so it’s 38% net profit. Needless to say larger deposits will of course be welcomed by the SplitProfit<\/a> admin who offers 139%<\/strong> back on investments between $1,000 and $2,999, and 140%<\/strong> back on investments between $3,000 and the maximum allowed $9,999.<\/p>\n

SplitProfit<\/a>‘s third plan runs for 15 calendar days<\/strong>, and like the others it too just pays you back one single interest rebate on expiry<\/strong> of the term. You can still join for a minimum spend of $10, and for anything up to $999 expect a payment of 190%<\/strong> in return. Obviously this figure again includes your principal, so you get your own money back plus 90% net profit. As with the other plans, with such an affordable minimum required to join the risk you take is whatever you make it yourself, though it has to be said 190% back in just fifteen days is going to be a tricky one to sustain. I’m certainly not saying it can’t be done, as indeed we have seen it done many many times in the HYIP industry for several years now, but there’s a limit to the number of cycles this can realistically be done for. That number might be drastically increased if more members joining this plan stay shall we say closer to the $10 limit as opposed to the $999 limit, though that’s up to you. If you think that’s not worth your while then just remember that there’s nothing to stop you from splitting your deposit between the three plans, keeping the bigger share (I suggest) for the shorter term option. For anyone wanting to spend a bit more then SplitProfit<\/a> are offering 195%<\/strong> interest on expiry for deposits from $1,000 to $2,999, and 200%<\/strong> on anything from $3,000 to the top investment allowed in the program of $9,999.<\/p>\n

Payment options are up to a fairly decent standard with all the popular processors being used, though this is more or less standard practice for any new program that wants to be taken seriously these days anyway. SplitProfit<\/a> currently use SolidTrustPay, EgoPay, PerfectMoney, and LibertyReserve<\/strong> for all transactions into and out of the program. So that’s unlikely to change, and there won’t be much expectation or demand for it to change either. The majority of payouts to members are made instantly<\/strong> by the way \u2013 yes, I know I said the plans were on expiry, but I’ve made some withdrawals of ref commission payments \u2013 so just log into your private members account area, make the withdrawal request as you normally would, and the money should be in your payment processor account in under a minute. Just keep in mind that this service is not explicitly guaranteed by the SplitProfit<\/a> admin. You are asked to allow anything up to six hours (still pretty good) for all transactions to be completed manually, so if you happen to get anything faster than that just take it as a bonus.<\/p>\n

Other than that I guess the security and design features don’t really throw up many surprises either, with SplitProfit<\/a> being fairly typical of what you might find with shorter term HYIPs like this. Nothing particularly memorable but no obvious problems to complain about either and everything up to an acceptable industry standard. The website is running off a script under license from GoldCoders for instance so it will have an instantly recognizable feel for most of the regular players who’ll find it easy enough to navigate. For an extra layer of security SplitProfit<\/a> have also implemented SSL encryption by Comodo for safer browsing and more secure transactions. Hosting is on a dedicated server with the support and protection of Koddos. If you have any further questions for the SplitProfit<\/a> admin regarding his program or any account related issues you need to have dealt with then you can get in touch either by filling in your details on the online customer support form and submitting it through the contacts page, or else simply by writing directly to the listed e-mail address yourself.<\/p>\n

There’s really no more than that I can say about SplitProfit<\/a> for now I don’t think. You won’t see anything like a business plan backing the whole thing up and no further information about the program, including none of the usual clutter pretending that they might be involved in ForEx trading or precious metals, or anything else you usually see in online HYIP websites. That also means there’s no real excuse for you to start treating SplitProfit<\/a> like anything other than what it really is \u2013 an internet based HYIP, untraceable, and a risk. It might be a lucrative risk, then again it might not. So approach it with some degree of common sense and be realistic in what you honestly think such a program can genuinely deliver. Set yourself a sensible spending limit that you can easily afford to lose (because you can lose as well as win) and if joining SplitProfit<\/a> at all then try and keep them as a smaller part of a wider more diverse portfolio.<\/p>\n

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

<\/a>
\n306BZ<\/a> \u2013 ANOTHER DAILY JOKE POSTED<\/strong><\/span><\/p>\n

Another funny story was shared by the admin of 306BZ<\/a> in his latest newsletter. I guess instead of discussing how the project is going (and it’s going great, I must say!) 306BZ<\/a> is more busy delivering some laughs to investors. I hope it brings a smile to your face, though maybe it’s just my sense of humor but it sounds more like a horror movie to me, lol! Anyway, the full review of 306BZ<\/a> is available for you here. The program has been running well for 20 days making prompt payouts on the 20%-30% for 6 days plan, and also offering two more on expiry plans – 306% after 10 days (for a hefty $5,000 minimum), and 306% after 36 days (with a $100 minimum requirement to invest). I’d be pretty certain the daily plan is the most popular and 306BZ<\/a> (reviewed here<\/a>) has already successfully completed three cycles. It’s currently on fourth, and paying to all the popular payment processors \u2013 LibertyReserve, PerfectMoney, SolidTrustPay, and EgoPay. The newsletter can be read below, but just don’t expect it to contain any actual news:<\/p>\n

\u201cDaily Joke From 306BZ<\/a><\/strong>
\nWe would like to suggest all members care more about your health than treasure. Please read today’s Joke.
\n“MATERIAL DAMAGE
\nA yuppie was opening the door of his BMW when a car came along and hit the door, ripping it off completely. When the police arrived at the scene, the yuppie complained bitterly about the damage to his car.
\n‘Officer, look what they’ve done to my Beemer!’
\n‘You yuppies are so materialistic, it’s ridiculous” retorted the officer. “You’re so worried about your stupid BMW, you didn’t even notice that your left arm was ripped off.’
\n‘Oh, my God!’ screamed the yuppie, noticing the bloody stump where his arm used to be. ‘My Rolex!’ ”
\nBest Regards. 306BZ<\/a><\/em>\u201d.<\/p>\n

<\/a>
\nFINANCA<\/a> \u2013 POSITIVE ENDORSEMENT FOR THE SITE<\/strong><\/span><\/p>\n

I don’t quite understand the point of the latest short newsletter from the admin of Financa<\/a> Mark who proudly posted two links to the TRUSTe website and asked members for positive endorsements. As far as I can see there is nothing there yet and I’m wondering how this feature has anything to do with the program’s ability to meet its obligations to members. Financa<\/a> has been paying 3% for 75 business days with the principal back on expiry for about two weeks already. I must say so far I can’t complain as the withdrawals are always made fast to all the e-currency accounts accepted by Financa<\/a> \u2013 SolidTrustPay, EgoPay, PerfectMoney, or LibertyReserve \u2013 and I hope it continues so we see the first members in profit in a few weeks time. Here’s the latest from Financa<\/a> (you can read the full review of the program here<\/a>):<\/p>\n

\u201cFinanca<\/a> TRUSTe Positive Endorsement<\/strong>
\nAs we are a proud verified member of TRUSTe Policy. You can select positive endorsement for Financa<\/a> here :
\nhttps:\/\/privacy.truste.com\/privacy-seal\/<\/a><\/em>FINANCA<\/em><\/a>-LTD\/validation?validationId=30a34e43-ac7f-48ad-8739-10adf92cf782<\/a>
\nTo view our Policy :
\nhttps:\/\/privacy.truste.com\/reseller\/privacy-policy\/<\/a><\/em>FINANCA<\/em><\/a>-LTD\/certified\/ff1bc6a2-e6de-476e-9e23-972c38e1f761<\/a>
\nThanks for your support!
\nBest wishes. Mark Carney<\/em>\u201d.<\/p>\n

<\/a>
\nEMPIREFINANCEGROUP<\/a> \u2013 NO NEW DEPOSITS FOR A FEW(?) DAYS <\/strong><\/span><\/p>\n

In a surprising though not entirely new twist, EmpireFinanceGroup<\/a> today announced the temporary disabling of all deposits into the program. I remind you that EmpireFinanceGroup<\/a> used to accept investments exclusively via LibertyReserve and PerfectMoney into the following investment plans with your principal returned on expiry – 1.3% for 45 business days, 1.5% for 80 business days, 1.7% for 100 business days. As you can read in my original review of EmpireFinanceGroup<\/a> published here<\/a>, the program has a traceable record of lasting for about three years already and has a Paying status on some monitors for 1,000+ days which is surely an incredible result in itself. I remind you that possibly in hope of getting more serious investors EmpireFinanceGroup<\/a> already played this trick before and also stopped accepting new deposits for a few days, possibly resulting in an increase of new deposits once they were \u201copen\u201d again. I guess they are trying to repeat this trick again or simply prove that they are not a ponzi-based game and give the impression they don’t depend on new money to fund existing accounts. Otherwise I don’t see a reason why they are not accepting new deposits anymore. Meanwhile the decision didn’t affect any withdrawals, which as usual are processed instantly to both LibertyReserve and PerfectMoney payment processors. Redeposits from your account balance are also allowed, and the admin also mentioned in the latest newsletter today that he would announce once again when new deposits will be accepted again. I bet it won’t be too long, however I applaud the admin’s originality in getting in more new investors in such an unorthodox way. Here’s the newsletter in full:<\/p>\n

\u201cWe are not accepting new deposits again – EmpireFinanceGroup<\/a><\/strong>
\nWe have stopped accepting new deposits again, due to reaching certain limits by our traders on brokerage accounts and we can not specify the date when will resume to accept it.
\nPayments will be processed as usual, instantly.
\nWe are working and we will try to resolve the issue as soon as possible, but at the moment we have a problem with the transit bank accounts in Cyprus, which also makes it difficult to get started with the new brokerage accounts.
\nWatch the news on the site, renewal of deposits will be also announced here and by email.
\nAnd please note there are no any limits or restrictions on the daily earnings, payments and deposit reinvestments.
\nEmpireFinanceGroup<\/a> Support Department<\/em>\u201d.<\/p>\n

<\/a>
\nOPTIEARN<\/a> \u2013 MOST PROBABLY A SCAM ALREADY<\/strong><\/span><\/p>\n

Please note that investments in OptiEarn<\/a> are seriously not recommended as the program is definitely on the brink of collapse. Just today I received a newsletter from the admin announcing a new short-term plan paying 30% for 5 days for deposits starting from a $500 minimum. That alone is a sure sign of the pending collapse from a program originally offering 3% for 70 business days, so please do not invest in that new plan offered by OptiEarn<\/a> today in the following newsletter:<\/p>\n

\u201c30% daily for 5 days!<\/strong>
\nHello, dear OptiEarn<\/a> Limited member! We are proud to announce our new investment plan: “30% daily for 5 days”. Our new investment option will give you 150% return of your deposit after 5 calendar days (Saturday Sunday included). Example, if you invest $500, you will receive $750 back after 5 calendar days, invest $1000, you will receive $1500 after 5 calendar days. Minimum deposit amount is $500. Don’t waste any time, because this investment option is available for limited time.
\nBest Regards, OptiEarn<\/a> Limited.<\/em>\u201d<\/p>\n

I have a strong feeling OptiEarn<\/a> (reviewed here<\/a>) is going to be moved to Problem status on MNO blog by tomorrow. However I cannot do it tonight as I was paid again today within the promised 12-hour timeframe. Most likely everything will be clear by tomorrow morning when OptiEarn<\/a> may well have stopped paying. The admin is probably aware of that and he already replaced the MNO monitoring image on his rating page to a static image which is another huge warning. Finally, to add insult to injury, OptiEarn<\/a> has now removed SolidTrustPay from the list of accepted payment processors so no one can deposit or withdraw via STP anymore. I am not sure why but perhaps there was an issue with their SolidTrustPay account. That’s unlikely though as I was paid to my STP account just a few hours ago, and perhaps, the admin simply doesn’t want anyone to deposit via SolidTrustPay anymore as it’s money he won’t be able to steal so he wants to force you into LR instead. Please beware and do not make any additional deposits in OptiEarn<\/a>. You have been warned!<\/p>\n

<\/a>
\nAFTER100DAYS<\/a> INTRODUCTION<\/strong><\/span><\/p>\n

After100Days<\/a> is a new short-term program that just launched yesterday and joined the Premium Listing on MNO monitor today. It’s typical of such projects \u2013 you’ll probably recognize the style immediately \u2013 offering a huge variety of investment plans all of which pay on expiry. After100Days<\/a> offers 104%-140% after 1 day, 114%-240% after 3 days, 124%-350% after 5 days, 135%-550% after 8 days, 180%-1400% after 16 days, 450%-3400% after 35 days, 700%-5000% after 50 days, 1500%-8000% after 75 days, 4000%-12000% after 100 days, 1500% after 15 days. A more detailed description will be in the upcoming review of After100Days<\/a> on my blog soon. Of course most of the plans are offering simply ridiculous returns and should be avoided at all costs though in the shorter term some of you will certainly make some good profits. The minimum to invest in most plans starts from $10 and all the big payment processors are accepted \u2013 SolidTrustPay, EgoPay, PerfectMoney, and LibertyReserve. Since the program is running off a licensed GoldCoders script the withdrawals have to be requested by investors and they are promised to be paid within a 12 hour maximum. After100Days<\/a> is SSL-secured and hosted on a dedicated and DDoS protected server by Koddos. I’ll have more information in a couple of days so stay tuned for that everyone!<\/p>\n

<\/a>
\nGET PAID REPORT FOR 09<\/strong><\/span>\/04\/2013<\/strong><\/span><\/p>\n

Here is the list of the programs from my monitor that paid me for the last 24 hours:
\nFrom MNO Sticky list<\/strong>: MalaysianINC<\/a>, OptiEarn<\/a>.
\nFrom MNO Premium list<\/strong>: InvestiField<\/a>, TureProfit<\/a>, BensonUnion<\/a>, Stravia<\/a>, RewardsWeekly<\/a>, 306BZ<\/a>, HytexAG<\/a>, WorldGemsInvest<\/a>, Financa<\/a>, RFIGroup<\/a>, BriscoFund<\/a>, MasterEarn<\/a>, EmpireFinanceGroup<\/a>, AppleInv<\/a>, EarningAlliance<\/a>, SplitProfit<\/a>, Bet7<\/a>.
\nFrom MNO Standard list: <\/strong>AustralianBusinessGroup<\/a>, PureIncome<\/a>, MoneyInSports<\/a>.
\nFrom MNO Basic list<\/strong>: StrongForex<\/a>, InvestmentCapital<\/a>, MainaLimited<\/a>, Finance7<\/a>, GalaxySaving<\/a>, Money&Credit<\/a>, TheInvestmentBank<\/a>, HYIPRoyale<\/a>.<\/p>\n

That’s all the news for today, guys. Hope you enjoyed reading it and I’ll see you on my blog tomorrow with the review of Bet7<\/a> and more updates from the programs monitored on MNO. See you then!
\n\/apstrong<\/p>\n","protected":false},"excerpt":{"rendered":"

Beware! SplitProfit has stopped paying! Do not invest there! Hello everyone! If you were reading here last night you will have seen that a couple of brand new programs were added to the MNO monitoring site yesterday. So as promised before this evening’s news update I want to bring you more detailed reviews of them […]<\/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\/9391"}],"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=9391"}],"version-history":[{"count":0,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/posts\/9391\/revisions"}],"wp:attachment":[{"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/media?parent=9391"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/categories?post=9391"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/tags?post=9391"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}