As expected, ManorTrust closed down yesterday, with a short notice being sent out to members clarifying that the program couldn't continue on any longer. While I appreciate the fact that the admin's honesty, it was obvious from the start of the referral contest that this one was going on a downward spiral already. Please do not invest there any longer. Here are the details:
Hello,
I am sorry to announce we are unable to continue Manor Trust. Not too long ago, $9000 was stolen from our Liberty Reserve Account using a API hack. We were able to protect our account afterwards, but we were never able to catch up after $9000 just vanished from our accounts. Slowly but surely our ability to repay investors got worse. We tried our best to continue. In the end we were not able to.Thank You,
Timothy Alexander
StaunchFinances has finally reached it's 1000-member mark, an achievement that can be attributed to honest and effective administration, prompt payouts and sustainable payment plans. The admin invites the members to participate actively on forums, and he expresses his hope that the program will get 2000 members by the end of next month. Here are the details:
Hello members,
Hope you are all having a wonderful day! Just wanted to give you this great news, we finally achieved a membership count of more than 1000! It took us a few more days but it sure is a welcome achievement. Of course not all of them are active, but it is still a good 70+% that are invested. I bet those who joined early and not invested are slapping their heads now! Anyway, remember that these are real stats and not made up.I would also like to remind everyone that our OFFICIAL FORUM can be found here - http://money-news-online.com/
Thanks and happy earning to all! Watch out for a new interview that I just conducted with another independent blogger. I will send the link as soon as he posts it.
Brent
Apparently something was amiss with TruEarn's AlertPay account yesterday because some members complaint that they couldn't make deposits via AlertPay. TruEarn has been paying consistently for the past 50+ days, and I don't think the admin would allow such bumps interfere with his program. In fact, I think this is one of the few really hardworking admins in the industry right now who want their members to prosper from this site. So I went ahead and investigated further on the issue, and luck might have it, a frequent reader of my blog contacted me with details regarding the AlertPay issue.
Due to privacy, I will not reveal his name here. However, he somehow managed to take a glimpse into what happened, or as a matter of fact, what has happened during this past few weeks. TruEarn apparently had its AlertPay account suspended a month ago, which some of you still remember. Nonetheless, the issue was resolved after the admin registered a 2nd account under his partner's name. Things looked merry from there on, but little did he know that AlertPay wasn't satisfied with the way he handled the issues.
A few weeks from that suspension, AlertPay placed a partial freeze on the admin's account, holding about $7000, or 20% of the total reserves in the account. The admin panicked as he was really concerned that this would severely disrupt the program's cash flow. Luckily though, AlertPay released about half of that amount ($3500) back into the account due to the admin's good standing.
Just a few days ago, AlertPay, again, placed a partial freeze on the admin's account. Unfortunately though, this time the admin's plea to unfreeze the account fell on deaf ears. Apparently the recent slew of scam sites prompted AlertPay to take such strict measures. This caused TruEarn to be unable to take in deposits yesterday. But thanks to the admin's quick wits, and prior experience in handling such an issue, the account issue is all patched up and things are running smoothly again. Whether or not this will pose a threat to the site's longevity is anyone's guess, but for better or for worse, we can definitely see that the admin's placing a lot of effort into running the program, and his adroitness in navigating through AlertPay issues gives me the feeling that he knows what he's doing. And in this industry, that feeling is worth more than anything.
I won't make any wild guesses on TruEarn's future as I still see some potential with this one. Nonetheless, do take note that this is only a game, and each and every game will end someday. With that in mind, enjoy and have fun!
That's all for today folks! I'll see you tomorrow!
No comments:
Post a Comment