Newsletter: FinMutual new listing, MutualWealth halted by SEC, Cryptory new lang RSS - comments

Hola mis amigos!

First of all, don't you worry. I know that I disappear from time to time, and you must feel terrible about it: you're probably suffering from insomnia and PSTD, you're crying all the time and every day is now a bad hair day.

I apologize. But sometimes you just have to let it go. And by "it", I mean the online world. Still, I have been busy and today I'm going to share all my freshly acquired knowledge with you. We have added a new program, discovered some unsettling facts about Mutual Wealth's future and conducted an interview with piratcoin.me's administrator, which is available here: http://www.money-monitor.com/article/view/slug/interview-with-piratcoin-admin-andrew. Are you ready to start our journey?

 

NEW PROGRAM ADDED: FINMUTUAL

To start with, FinMutual, our newest addition, is "in the niche of crowdfunding". The program set up its domain in July 2013 (valid for a year) and implemented Comodo Extended Validation Secure Server certificate in February 2014 (valid for a year). It is easy to check the program since they do not make any mystery of their address (FINGROUP LTD., St. John Street, London) or phone number (+4402032397334). In fact, you can also contact the company via Skype (finmutual.com) or Facebook (https://www.facebook.com/finmutualcom).

As far as the plans are concerned, there are three different options: 1.80%, 2.20% or 2.60%. You can earn daily from Monday to Friday for 160 business days. Deposits start as low as $25 and there is no maximum amount set. The principal is non-refundable and there is no compounding option available. The total return varies between 288% and 416%. All the shares are kept by FinMutual for "around 2 years" before the entrepreneur can buy them "at market price". Payouts are handled manually and can take up to 48 hours. You can use all the major money processors: SolidTrust Pay, Bitcoin, EgoPay, Perfect Money, OKPAY and PexPay to deposit your money with FinMutual. When it comes to Perfect Money, due to popular demand, FinMutual has verified its account and now "processes withdrawals with Perfect Money VERIFIED status".

Where did I find this piece of information? On FinMutual's highly informative and regularly updated Facebook page. The website is just as well-prepared, although one may find the forever funny "lorem ipsum" leftover under Terms and Conditions. Still, it is easily navigated and setting up an account won't take more than a couple of minutes. Naturally, FinMutual also offers an affiliate program, and one can earn 5% on referrals.

 

MUTUAL WEALTH HALTED BY SEC

According to its official website, the Securities and Exchange Commission filed an official complaint in the US District Court for the Central District of California to stop "a fraudulent pyramid scheme by phony companies masquerading as a legitimate international investment firm", namely Mutual Wealth. What one may read in the complaint is rather succinct and to the point, since the claim is that "almost nothing that Mutual Wealth represents to investors is true".

Newsletter: Valencia FH, Eos Financial Limited add, AdClickXpress turned to scam RSS - comments

Hola mis amigos,

this time we've had a truly busy week. Don't fret, don't panic, nothing majorly terrible happened. It's just that – maybe it's the before the lovey-dovey day atmosphere? – many things are happening at the same time. But first things first: we have added some new players to our game list.

 

NEW PROGRAMS ADDED: VALENCIA FH, EOS FINANCIAL LIMITED

Both our today's protagonists can pride themselves in originality. I know, I don't say that often, but it's true. Valencia Finance House, "a Dubai based investment company that focuses on the Forex and Commodities Trading and various large-scale Real Estate Projects", has also designed a very cute and unusual website. Maybe it's the fact that "Valencia Finance House has strong presence in all of the six member states of the Gulf Cooperation Council (GCC), i.e., Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates", or maybe it's just that they like cheerful colors – either way, it's interesting. By choosing one of the funny boxes on the main page, you can go to all the necessary places. What's usual about the page is the one-year valid EssentialSSL Comodo certificate implemented on January 28, 2013. The domain should last a bit longer, until November 2015.

The section that impressed me most was, peculiarly for me, the Investment Plan part – rarely does one see such clarity and, let's say, efficiency of form. The plans are clearly divided and aptly described: there are three options, and they are different when it comes to the profits (2.50%, 2.75%, or 3% daily), duration (30, 45, and 60 days), the minimum amount of money required to participate ($20, $50, and $100) and, naturally, the total return of investment (175%, 223.75%, and 280% – all including the principal). The principal can be withdrawn after the expiry of the term. There is no compounding and the minimum to withdraw depends on the payment method of your choosing. First of all, you can use EgoPay, Payeer, Perfect Money, OKPay, bitcoin, bank wires, but when you withdraw via bank wires or Western Union you need at least $500. Other processors are way "cheaper" – transactions start at $1. According to the comprehensive FAQ, "there is no maximum limitation on daily withdrawals" and you can spend any amount you want. Payouts are handled manually, therefore they may take up to 48 hours, but usually it's just 24 hours. Bear in mind, though, that "bank wire and Western Union withdrawals are processed within 1-3 business days".

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