InvestForia seems to be struggling recently with all kinds of problems coming their way during the last few days – delayed STP withdrawals, missing STP deposits, and finally unreturned principals. The last “issue” was actually the main reason I have moved them to Problem status on MNO tonight. I could understand that the admin cannot be held responsible for payment processor issues but there is no excuse for not returning the original principals as clearly stated in his terms of service. He is fully aware of that, by the way, since last night and didn’t do anything to rectify the situation and credit or pay manually the original deposits. I’m not the only one complaining about this either and at the moment it looks like he set this up deliberately hoping investors will forget that they are also owed the principal back on expiry of the program’s 60 day investment term. Some small withdrawals to LR and PM are still getting paid by InvestForia (mostly to monitors, of course!) but please don’t let yourselves be fooled. The program is in trouble and will go soon for sure unless the admin does something urgently which I doubt he intends to. There were more complaints also about the missing STP deposits still being made despite the fact that this shouldn’t be a problem anymore as the payment processor is back to normal now. Plus one of the members told me that he was paid by InvestForia but not to LibertyReserve as he requested by to STP, which just answers another question – the admin doesn’t want SolidTrustPay funds but he will most probably keep LibertyReserve and PerfectMoney. I believe it was his original plan from the beginning to finish the program before the first payouts on expiry had to be processed. Anyway, the admin of InvestForia is aware of all this but apparently is either doing nothing to rectify it or doesn’t care because he knows his program is collapsing. In any case, it would be dangerous to keep investing in InvestForia at this point and I will let you know if anything changes there!
MetalROI just stopped paying today and the admin stopped replying to my emails ignoring requests and not providing an explanation for pending withdrawals from his program which have already exceeded 36 hours (promised payment timeframe was 24 hours). MetalROI was in the same position as InvestForia now and it was about to return the first deposits on expiry of its first cycle in a few days. Apparently the admin has no money to fulfill his obligations to investors and that is why he has decided to pull the plug just in time. Just in a couple of days after the program with very similar plans and setup – SilveStructure – was gone it was expected from MetalROI to have cashflow issues too as many believed the program might be closely connected with SilverStructure and possibly run by the same admin. Just rumor and speculation which we can’t prove, but the collapse of another popular program became yet another blow to the HYIP industry which was seemingly unaffected by the usual summer slowdown before. MetalROI is a 100% scam so please do not invest there and spread the word about that!