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The Private HYIP Blog’s Scam refund Compensation Plan

Yeah ! It’s been one month today  that I’m a HYIP blogger!

I would say that HYIP talking, I find this Saturday is especially awesome. That’s right, it’s  time for me to reveal the details of a Great Project I have the ambition to realise.  First, I will present my plan to you and only then we will be able to go further to accomplish it. I’m very excited about it right now so here it is:


You know, every single person who starts a HYIP investment portfolio will inevitably have losses. It’s something we have to deal with. As hard as it can get, the key is to win more than to loose. In addition, I never heard of anybody who was successful in getting a refund from a HYIP who suddenly disappeared in the clouds. All HYIP scams one day and there’s no legal actions whatsoever to get our money back from these frauds. These are the rules of the game and we all accept them when we choose to put our money in any given High Yield Investment Program. But wait! Wouldn’t it be great to actually have a financial tool against HYIP scams? That’s where my plan comes into action.

You know, every online HYIPs spend a real fortune in promoting their investment offers. Take Money-News-Online.com for example:  dozens of HYIP admins are paying more than $1000/month to advertise only on this HYIP blog! All this money is flowing right into MNO’s pocket, not counting all the referral commissions generated! You’ll agree that’s a huge monthly income  for one simple blogger. Do you begin to see where I want to get?

The more visitors a given website welcomes daily, the more money it generates from paid advertisements. A real-life example would be the cost of a 30 seconds TV-ad during the Superbowl or the Olympics.

My ambition is to create a fund to allow all my blog subscribers to reduce their losses when they get scammed by a HYIP. This fund will be financed by the future Paid Advertisement Program I will soon implement on The Private HYIP Blog. In addition, I’m planning to draw weekly winners among my subscribers . The prize will be to have their HYIP Referal link into the paid HYIPs banners displayed through my blog for 7 days.

Best of all, only HYIPs  will directly sponsor our fund since it’s them that will want to buy advertisements here on my HYIP blog! It’s ironic and I think that truly makes the beauty of my concept.

******************************************************

I can now here some of you wondering: ” But Frank, what makes you think HYIPs will want to spend money for advertisement spots on your blog?”

Well, click here to see the daily traffic stats of the The Private HYIP Blog. With that kind of numbers, other HYIP blogs and monitors generates more than $300/month from advertising. That’s not counting the referral commissions they get. In addition, today ( April 10th ) rings the first month anniversary of my new blog. I’m only beginning to get traffic from Google and Yahoo and I’m not using any kind of advertisement but word of mouth.

I plan to continue delivering quality posts so I’m expecting to welcome more than 200 unique visitors everyday by the end of May. Even you could help by posting my blog posts on forums , facebook,  word of mouth, etc. More people visiting my blog will implicate a higher  cashflow in our ” Scam-Absorber-Fund ” because of an increase of the advertising prices and also more people enjoying a reduction of their HYIP scam losses.

  • Here is how I will manage the fund :
  1. In order to be eligible to request the  financial services of the future HYIP-Scam-Absorber-Fund, a person will have to  subscribe to The Private HYIP Blog;
  2. I will open a LibertyReserve account dedicated to put the money collected from paid advertisements;
  3. When a member of the fund gets scammed by any HYIP before he could clear a profit, he will be accorded a direct cash compensation in his LibertyReserve account;
  4. A proof of investment will be asked along with the proof that a profit wasn’t accomplished. That will be simple  screenshots like you can see on my Private Monitor page. Abuse of the service will also be moderated;
  5. The amount of money accorded to the member will not depend on the amount of money he lost. Everybody will have the same benefit. It will be calculate by considering the number of subscribers and the actual and forecasted amount of money available in the fund. All this information will be published into a special page on my HYIP blog.

These points are likely to vary a little but the pillars of the concept are there to stay.

  • The Weekly Draw

I will simply give each of my blog subscribers a number according to the date of their subscription. I will draw the winners from my hat on every Sunday. Note that it won’t matter whether you’re an active investor or not in the advertised HYIP.  HYIPs usually accept that an individual  earns referral commissions without having an active investment. What you will need to do is  register  a free account with the HYIP you will be matched with. Finally, you’ll need to send me your referral link so I can plug it into the banner.

To conclude, I need to know what you guys think about this whole HYIP-Scam-Absorber-Fund concept. I want your feedback on it to know if you think it’s a good idea or not. In the positive, your comments are  likely to improve the general idea of it or details I could have forgotten to consider. I’m waiting patiently to hear about all of you during the next couple days!

To our common success,

Frank

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37 Responses to “The Private HYIP Blog’s Scam refund Compensation Plan”

  1. jopa says:

    Hi Frank, thats a great idea. Lets start to try it for some time and we will see how its works out.

  2. mango says:

    It’s really a great idea,Frank.I hope every subscribers of this blog will like it as I do.

  3. dosh says:

    say if i decided i want to cheat you and your readers.
    how would you know if i was actually in profit or not?

    say i just broke even, made my money back before the hyip scammed.
    i could show you that i invested $100.
    but then show you that i only received $80 back, hiding the $20 from the screenshots.

    • Mr.Frank says:

      Dosh, there will always be people in this world with no honor. I’m conscient that the draft of my concept is not Thieves-Proof and I’m thinking about ways to make it harder to abuse. For now, since I trust the big majority of my subscribers are honest like you, I’m confident we could test-drive it without being taking advantage of too much. We just need to find a way to make it flawless.

  4. ftslongs says:

    I think the lose would definitely be greater than the advertise and RC you made
    so I dont think it was realistic

    • Mr.Frank says:

      The goal is not to completly compensate the loss as it’s true it’s not realistic. Still, it will provide the fund member a sum of money allowing to reduce his overall loss in a given HYIP.

  5. Rip says:

    Interesting concept. I would have to agree slightly with dosh. I can see people trying to scam you as well.
    Are there going to be limits on what HYIP’s will be “insured.” Will it be the ones just on this site?
    Looking forward to seeing more details. I’ve lost more than I have gained, so I’m DEFINITELY interested.

    • Mr.Frank says:

      For now all HYIPs would be insured, not only the one advertising on my website. There will only be a maximum a subcriber will be able to request for scam-compensation at the precise moment the HYIP shuts down. This will be calculated according to the number of subcribers, the amount of money available in the fund and the amount of money lost. Note that I’m working on scenarios for these calculations at the moment.

  6. Bela says:

    Hello Frank,

    This is a very good and unique idea!
    I think we can improve this concept all together.
    The question of dosh is a very interesting one, but i sure
    there is a solution for this problem.
    Think forward together!

    • Mr.Frank says:

      Yeah I agree with Dosh too. For now, we will have to hold on people’s honesty. One way to counter abuse could be to have a registered account in the fund for 30 days or more. This would make it impossible for a person to subscribe to the fund immediatly after being scammed to request a compensation. This would sure help for the sustainability.

  7. Tim says:

    Great idea, and extremely giving of you! I think the 30 day term is a good idea to at least scareaway the hit and runner dishonest few who might try. Showing account statements to a degree will help as well. Tim

  8. Brandon says:

    Sounds like a plan. Keep it up.

  9. cellphone says:

    Good idea. So you will insure all programs? Won’t be much to go around, I wouldn’t think, with all the programs and all the failures. I would think it should apply to your approved programs that are joined under your link only. Policeing it will be a big job.

  10. dvdhyip says:

    I agree with cellphone Frank.
    There is simply too many junk among hyips. You should only insure the hyips you are planning, or those you believe that are good to try.

    But the concept is good. Flaxtalk will also give a similar concept for its “movers and shakers list”.
    I…am simply too lazy to do such thing lol. I also had the idea of doing a weekly draft for my loyal readers, but never went ahead with it.

    I hope you have success with this idea Frank ;)

    • Mr.Frank says:

      I think you are right guys; ” there’s too much junk among HYIPs”. So I will make a list of HYIPs that have the best profit potential according to my analyses. Not only this will prevent people from joining the worst programs, but will allow a better sustainability for the Fund. Very nice guys, let’s continu with comments!

  11. Brandon says:

    I was thinking about the same idea, you should only finance loses from your recommended Hyip list.

  12. whynot says:

    Hi Frank

    I think also is a great Idea. You’ll be one of the tops very soon.

    • Mr.Frank says:

      Thanks a lot WhyNot, but I doubt I’ll be at the top so soon. Don’t forget all there are other great HYIP blogs out there! Still, that’s my ambition to reach the top and make everyone of my readers profit from my blog through my future Scam-Counter-Fund

  13. whynot says:

    Hi again.

    You will post programs which you think will be good to try, but when you see that is too risky to continue, how do I know that is time to jump out? Update, when necessary, your intentions about certain hyip? E-mail me for being your referrral?

    bye

  14. boss says:

    ObVIOUSLY you have your readers in mind.keep it up.I hope you stay the same even after your blog gets ‘to the level’.

    • Mr.Frank says:

      Thanks if you think that my HYIP blog can reach ” the level”, but there’s still a long way to go. One thing is for sure, I’ll never be able to write posts againts my principles. That would be dishonoring my readers AND myself.

  15. dosh says:

    just hope mr frank doesnt turn into mr paul, once he’s swimming in money from the advertising he gets for this blog.
    im sure u wont, keep up the good work mate.

    back on topic,
    u sure about 20? im struggling to come come with 10 good ones.
    and besides less programs means more funds to cover the ones that scams.

    • Mr.Frank says:

      Good day Dosh. No in fact I’m thinking like you that 20 is a high number, that’s a Maximum. I can’t really predict how many HYIP there will be at the moment since this could only be done when I establish the fund. It’s more likely to be around 9 but never more than 20. You’re also right that less insured HYIPs will benefit for a better sustainability of our Fund.

  16. [...] blog while it’s free. I’m thinking of charging 5$ for it soon when I’ll open my Scam Protection Fund to make it more sustainable. Stay [...]

  17. Richard says:

    Frank,

    … great idea ! What fee/time do you deliberate about ?

    Richard

    • Mr.Frank says:

      The more I think about this Scam-Proof fund, the more ideas I have. At the moment I’m receiving offers from HYIP admins asking me to list their programs on my monitor page. I think it would be clever to accept the best HYIP admins, and finance the fund with earnings from the ”free” investment they would pay me to be displayed on my Monitor. What do you think?

  18. [...] with a tool to fight their HYIP scam losses. You can read the general idea of my concept by clicking here. I came up with other sources to finance our future Scam-Proof fund, which I’m really excited [...]

  19. Cody says:

    Hey I just recently dropped by this blog, and I think you have great ideas there. Very constructive comments going around here, and I see David is here as well :D

    I’ve thought about organizing such an insurance on my blog as well, but there are many things that need to be considered. Maybe we can gather around and find out a solution to this Mr.Frank?

    For one, I think the insurance fund should be open for a certain time period only. This prevents members from abusing it by thinking there will be an insurance backing them up. It’s always important to let them be responsible for their own actions — the insurance is merely a back up plan.

    Secondly, the insurance from referral commissions alone will definitely not suffice to cover even 50% of the members’ principal. So what can be done?

    That’s something I’m struggling with right now. FlaxTalk mentioned the funds will be invested to grow it even further, but what does that mean? They’ll invest the funds in HYIPs too? What if the programs collapse? Won’t that just mean the insurance funds have been depleted?

    Let me know..

    Sincerely,
    Cody

    • Mr.Frank says:

      Welcome Cody, my readers’ fund will be financed mainly by two sources of income: 1) Daily profits from investment in selected HYIPs that want to pay for being listed on my monitor 2) Paid advertisements on through my blog from HYIP programs.

      I also plan to make every new subcribers pay a fee like 5$ to become a member of the fund. Now it’s you can subcribe for free but in the future, I think this will contribute the the sustainability and abuses.

  20. [...] Well maybe it was not that bad last week. In fact,  I would lie if I wouldn’t bring BetExpekt.com on the carpet. They do stand out from the crowd and probably offers the most professional looking and complete HYIP services about Sport Betting online. What is funny is that last week, the admin of betexpekt asked me how it would cost to  add his opportunity to my Monitoring list. I answered he had to give a $250 investment to my blog and all the profits would finance my future subscribers’ fund against scams. [...]

  21. Cody says:

    Daily profits from HYIPs that pay to be listed? Oh I see..That’s a good initiative..And advertisement as well huh?

    That’s very generous of you, to say the least..Good job Frank! I’ll definitely keep you on my blog’s top 10 bloggers :D

    So you plan to contribute all the earnings from your blog to the funds? How do you plan to distribute the funds then? Will you set a limit on how many reinvestments allowed? Perhaps us few bloggers can work together and form a network..Then anyone who invests under the group will be insured. What do you think?

  22. Mr.Frank says:

    Let’s work it slow Cody. Rushing things is more likely to mess up the whole concept. Please note that I do intend to benefit from the income my blog will generate in a couple months. In the middle of May, I will announce the ratio of my total blog income that will finance the Counter-Scam Fund . It’s important we set the pillar solid.

  23. [...] anyway, you’re going to benefit from  the popularity of my blog since I want to finance the Scam-Proof Fund with  these eventual website earnings. The bigger our community gets, the more money will flow [...]

  24. bzm says:

    I need help to return my money from scam hyip, any one here can help? Please

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