Latest News from GNI (Gold Nugget Invest)

GNI (Gold Nugget Invest)  aka GoldNuggetInvest Newsletter May 17th, 2010 received by Gold Nugget Invest members

Greetings GNI Family:

Several issues to be discussed. They are as follows:
1. Refund Application Payments
2. Rumiko Rejoins in Refund Push
3. Timeframe / Anticipated Completion Date
4. Relationship / Impact on Other Programs
5. Comments

1. We are pleased to announce that our efforts to begin paying refunds due, owed and payable to GNI members, not in profit, have begun (this Monday, the 17th of May, 2010). For reasons which should be obvious, we will not announce the order, anticipated payment date or running totals. We maintain our commitment to conclude this process as soon as possible and with all members receiving a profit of not less than 1.5%.

2. To both assist and expedite the Refund Process, we have brought back "Rumiko" to the ranks of the gainfully employed. In addition, we will be making some movement of staff as we move in other directions. Not to worry. We will be maintaining the Refund effort; and have dedicated staff who are committed to providing excellent customer service.

3. Some are insisting upon us providing a completion date. This we cannot do. We will make steady headway and work to serve and refund all of our members out of pocket equally and fairly.

4. As we have maintained, the refunds all are receiving should not play into your participation in other programs offered on the net. Specifically, we do not think it wise or fair that commitments are made based on a pre-conceived notion or time-frame of an anticipated refund from GNI.

To summarize, Refunds have now begun and members can report there refunds as they see fit. We will continue to communicate as the situation dictates.

All our best,
Robert and Team

It doesn't look good them opening up for new deposits at the same time refunds are supposed to begin.

Their new program only accept LR. I bet refunds if any will go out using LR also. Not the same LR account that would be obvious but how hard is it to open a new anonymous LR account and xfer funds into it immediately? Answer: not hard at all!

So Beware with their new program. A program that is very private, no forum, no Blog ..... no nothing. ONLY means one thing. They can disappear much easier, any date and any time !

BE CAREFUL ! ! !

GNI Refund Instructions

I wrote about GNI (Gold Nugget Invest) Closed! and finally the admin of Gold Nugget Invest aka GNI sends the long awaited refund requests for the members. The request refund forms and guidelines for the refund and the limit on when the refund system will end can be read here at Gold Nugget Invest (GNI) Refund Instructions

Other HYIP News for Today

Paying HYIP Today
I was successfully paid from the following programs:
General Income, Hug Money, PTV Partner, NasMos, Red Orchid Invest, West Finance, Biotech InvFund, Euro Nano Invest, Finance Nova, Dyn Fx Trade, Dragadox, Mandarin Invest, Globo Funds, WWFD,  Water Investment, The Kapital, Aballong, BioEnergy Funds, Ava Investment, Umax Funds, ScootFx, Money Plus, Invest Award, Inco Forex, 10000 Dollars, CSM Finance, BVBC, Atlantis Mutual, One Daily Pro, AimTrust, PanaMoney, Genius Funds, Smart Traders Inv, Deposit Palace, Plents, Weekly Dividend, Xaga Enterprise, Super 12 Arbitrage and High Yield Club.

GNI (Gold Nugget Invest) Closed!

Today marked the official demise of GNI (Gold Nugget Invest ) as we used to see it which was announced by its admin Robert in the latest newsletter. I’m not sure if anybody else expected this but I did do and predicted as much on my blog by suggesting that Robert close the program and pay back those not in profits. I know that Robert is a man of reason and most likely knows that too much damage was done to the program to continue in its present incarnation. That’s why refunds will be issued ONLY to those members not in profit at 101.5% rate and the new private venture will be started soon which will be more legitimate and more closed and available only as a private club investment. At least this is how I understand the last email from Robert issued today.

I hope everybody not in profit will be refunded soon (no deadline was given yet) and I wish the renewed GNI (Gold Nugget Invest ) the best of luck.

Here is the latest newsletter from Robert if you haven’t seen it yet – GNI is officially closed as of:

Greetings to the Most Loyal GNI Friends, Family & Associates and; Nemesis:
As I have mentioned in the forum, I have spent the last few days in Northern Cyprus trying desperately to obtain those funds which belong to us – members and principals of GoldNuggetInvest.
Besides myself, I have been privileged to be assisted by Counsel (one of our attorneys) to not just make a strong presence on behalf of some faceless arbitrage project; indeed, but to help me place a face on the thousands of loyal GNI Customers who have (rightfully or not) depended on our presence and weekly payments to:
1. pay the rent or mortgage,
2. pay doctor’s bills,
3. pay for a family member’s schooling,
4. retire in a manner that is consistent with the years of service provided to their employer,
5. take a well-deserved vacation with someone special or
6. have some peace of mind in these troublesome times.
Despite our best efforts, and monumental efforts were made by all concerned, we could not get the directors, regulators or oversight administrators to relent. There were several tactics employed, a couple of which were most creative, but it was of no use. We thought we may have a foot in the door, only to have it cut off. What I can say is we tried damn it….we tried our hardest; but we could not overcome this hurdle.
Without this income, we go in reverse. We have had suggestions, offers which included members giving us funds, members willing to delay the taking of payments, partial payments, the entire spectrum of suggestions; the reality is, however, these suggestions amount to a band-aid when in fact a tourniquet is called for.
I must, for the sake of the sanity of myself and my family, the GNI Team Members, the Principals and our most trusted customers, shut down Goldnuggetinvest.com effective immediately and permanently. This decision will not be reversed.
Refunds: Despite the ‘disingenuous’ overtones having made its way around the world of on-line investing, we will be refunding those members who are NOT in profit, an amount equal to 101.5% of their principal investment (this includes interest payments already received) rendering EVERY person who invested with us, more than whole as defined by Commonly Accepted Principles of Accounting. The instructions will be provided within the next 48-72 hours; will be straight-forward so this can be expedited.
The new GNI: GNI has the concept, the tools and the strategy somewhat perfected in the world of Sure-Bets. We will be making an announcement at 08:00 (GMT) on Friday, March 12 as it pertains to our future. We can give a hint: It will be a completely and totally PRIVATE program fashioned in a manner that is compliant in any and all world-wide jurisdictions with no limitations. This program has been in the planning stages for nine months and was to be run in parallel with GNI. Nothing more will be said until Friday.
Summary / Conclusion: I want to take a moment to thank all of you, our GNI family for all the kind words and support you have shown over the past several months. I never anticipated some of the hurdles which we had been forced to try to navigate. This program was my baby, you were my extended family. This program was a sense of pride, an attempt to help those of you who needed it the most. I have never, nor has my team, hid from reality; perhaps we were a bit over-confident, but our intentions were and always have been true.
Our next chapter will be very bright, very private, but very bright. I hope to see all of you join in the journey.
Thank you from my heart!
With kind regards, Robert and the GNI Team

Paying HYIP Today
I was successfully paid from the following programs:
General Income, Hug Money, PTV Partner, NasMos, Red Orchid Invest, West Finance, Biotech InvFund, Euro Nano Invest, Finance Nova, Dyn Fx Trade, Dragadox, Mandarin Invest, Globo Funds, WWFD,  Water Investment, The Kapital, Aballong, BioEnergy Funds, Ava Investment, Umax Funds, ScootFx, Money Plus, Invest Award, Inco Forex, 10000 Dollars, CSM Finance, BVBC, Atlantis Mutual, One Daily Pro, AimTrust, PanaMoney, Genius Funds, Smart Traders Inv, Deposit Palace, Plents, Weekly Dividend, Xaga Enterprise, Super 12 Arbitrage and High Yield Club.

Latest News about GNI (Gold Nugget Invest)

Gold Nugget Invest website experienced a huge DDoS-attack a couple of days ago due to which the secured channel was not available for a while and the members had to access their accounts via HTTP. For me the accessibility to their secured version is still very intermittent and sometimes I can access it and sometimes not. There is no reason to worry though as accessing accounts via the non-secured site is also quite safe because of the PIN-code which will be sent to your email if your IP has changed between sessions.

Remember to always use gmail accounts in order to receive your PIN without any issues. There was another problem though probably caused by this attack. For some reasons many deposits were not credited to members’ accounts instantly and now they have to wait until the support staff check everything and add deposits manually.

Please note that everything is under control and your deposit will be credited sooner or later (you may submit a ticket via your member’s area as well). Remember also that GNI has several thousand members so please allow a few days in order for your missing deposits to be credited to your accounts. Here is the update about that published on the private GNI forum:

Hello folks, Just to let you know that we are doing our best posting your missing deposits. Kindly give us a couple of days to have them posted. Your patience and understanding are most appreciated.
Rumiko. GNI-Customer Support Team

I think there is no need to mention that all the withdrawals from GNI are being processed in time which is the most important thing. I just hope they will tight their security so such interruptions of their service are not possible in the near future.

Gold Nugget Invest (GNI) News

It seems Gold Nugget Invest aka GNI is facing low reserves of STP, and are offering the possibility to withdraw to others processors at no cost:

STP Withdrawls
Posted Nov 17th, 2009


Attention GNI Customers Utilizing Solid Trust Pay E-Currency Services:

We have made it our priority to keep our trusted members current with our operations issues so that "mis-information," intentionally made or not, can be addressed in a way that our members can be assured we are ALWAYS truthful and will do what it is we say we will do.

Since the latter part of last week (w/e November 14), we have incurred a rather significant disparity in our distribution of and holdings of our e-currency. The logical assumption is the introduction of our e-currency exchanger. While this has introduced some unrelated challenges, it has not had any significant impact in our currency allocation(s).

We have, at the current moment, a disparity in our level of SolidTrustPay e-currency vs. StrictPay and to a lesser extent, LibertyReserve.

Specifically, we have more Strictpay and less SolidTrustPay.


Our exhaustive attempts to exchange SP for STP have shown there are significantly less exchangers availing STP. Those exchangers that had STP, did not so in the levels that we require. Despite our best efforts, we have not been successful finding or locating an amount of STP that will meet our current needs.


Therefore, what we have done and will be doing, is allowing those of you who currently use STP as their PP, the ability to exchange your STP to the currency of your choice at no cost.(0%). There will be some intangible expenses, such as an inconvenience and the time it will take for those of you who to properly add a new account to your profile. (For those who need assistance, please send a support ticket)

For Those of you who insist upon using STP as your withdrawal processor, this is certainly your choice, but we can't even estimate the turnaround time for your withdrawal. Timely withdrawals is something we hold near and dear.


We have already made the change (reduced the exchange rate to 0 for those who have STP and wish to go with another e-currency). Upon the completion of this update, I will be deleting all STP pending withdrawals which will allow you to select a new withdrawal mechanism (or to stay with STP).

We are very sorry for the inconvenience.

Todd - GNI Customer Service

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