HYIP News at The End of October 2008

No Effect Of Altergold`S Crash On Panamoney
All PanaMoney and its clients` funds are successfully traded. No collapse of AlterGold payment processor affected Panamoney clients or Panamoney company. Any payment transactions with clients who used AlterGold are executed with other payment processors available with PanaMoney.

Bonus From Topcommerce
TopCommerce is a research-driven, active manager that complements its bottom-up fundamental company analysis with industry, sector and regional analyses. The TopCommerce will offer a $10 bonus on first deposit where the minimum is $200.

Alternative Domain Of Summit Reserve
Summit Reserve have decided to host more domain extension in order to maintain stability of their websites at all times, now you can load Summit Reserve website on the following domain:

summitreserve.com
summitreserve.biz
summitreserve.net
summitreserve.org
summitreserve.info

Each domain will be hosted separately on different server, which means if one domain failed to load, you can always access Summit Reserve website from other domain extension.

Closed HYIPs - Don't Invest!!!

FX Elite, Euro Wide Invest, Liberty Reserve Invest, Better Funds,Trust - Paying , Xtra Profit, Excellent – Hyip, Rosen Funds, Line – Invest, Jomafund, Smart Paying, Latax Investment, Marketiva Investment

The last programs that have been discovered as "selective payers" are Axa Hyip, Solid Investment Company, Aurum Reality Foundation, EP Profit, FX Elite, Euro Wide Invest, Trust - Paying, Latax Investment.

Payment Processor News

About 2 weeks ago e-gold ltd. announced a new phase of their Customer Identification Program. The Customer Identification Program is a part of their Anti-Money Laundering Policy. Now all e-gold account users are required to submit documentation of identity and residential address.

Three month since the death of the co-founder of e-Bullion Pamela Fayed. During these months there were few hearings of the case however no results. The main suspect is the husband of the murdered woman and co-founder of e-Bullion James Fayed.

Liberty Reserve Attacked By Phishers and AlterGold Is Gone

E-Gold Update - Customer Identification Program

As you`ll already know E-gold has serious problems, and nobody knows whats gonna be. Here is the E-Gold latest news :

e-gold Ltd. is pleased to announce the deployment of the next phase of its enhanced Customer Identification Program (CIP). All e-gold account Users are now required to submit documentation of identity and residential address. Each User must provide a Government issued photo ID and a second document, such as a utility bill, showing the address they supplied as part of their Point of Contact information. Images of the required documents can be electronically uploaded to the e-gold website. Document review will occur as rapidly as possible and we continue to ask for the patience of our customers, especially initially, as Customer Service staff works through the avalanche of data from existing e-gold Users. 

As part of the e-gold Account provisioning process, e-gold now uniformly obtains the four essential identifying elements for a compliant CIP: the User's name, address, date-of-birth, and a government-issued personal identifying number such as a tax ID number. This latest system enhancement supports e-gold's ability to verify this data by either (or both) documentary or(/and) non-documentary means, and represents a significant milestone toward e-gold attaining full compliance with all applicable U.S. laws and regulatory requirements. Of equal significance, e-gold's robust CIP and impending Due Diligence procedures will aid in making e-gold a more secure environment for global eCommerce. 

As previously noted, Users located in selected jurisdictions may also experience additional service disruptions as licensing issues are sorted out or, in the case of countries identified as posing an increased risk of online criminal activity, until additional systematic risk-based Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) measures can be implemented. 

e-gold Ltd. remains highly committed to offering a cost effective Internet payment system affording instantaneous settlement, free of chargeback risk, to customers around the world. We continue to be confident that a regulated e-gold rebuilt to a more systematic specification will be less hospitable to criminals, and more attractive to mainstream business use without being less accessible to those disregarded by legacy payment systems.

What is your opinion about this?