HugMoney.com [Review]

Good day to all of my friends, Currently if we see the statistics, you can see that we are going through a new wave of "paying at expiry" kind of programs. Most of them have shown us terrible performances and very few of them are still paying. Today I am going to introduce such an investment program which is already paying for 49 days at the time of writing this review. The name of the program is "HugMoney.com". If we take 5 days as an term then they have already paid their 9th cycle of payments. So I am having a great hope for this one to sustain for longer time but also have doubt because of their high return. The website is being hosted on a DDos protected dedicated server provided by DDoswiz. The domain name is just registered for one year and will expire on 25th November,2010. Click here to view the complete whois record.

Now lets move to their plans to discuss. HugMoney offers 3 investment plans to the investors. There is a rule which is same for all three plans is that, you will receive the interest + principle back only after the term expires. Their first plan is 5 days plan where you will receive 122% return. That means 22% profit in 5 days, so if we calculate in daily basis then the daily profit is 4.4%. I think 4.4% daily profit is really good but also not so much sustainable as it shows it's ponzi characteristics. The minimum is only $4 and maximum is $2,000. And as per my strategy of Minimizing the loss, I preferred this plan since shorter term comes with lower risk for these kind of plans.

HugMoney also offers two more plans to the investors. Take a look at the chart below for easy understanding,

1st plan :
Term : 5 days
Return : 122%
Minimum to join : $4
Paid at expiry
Principal included.

2nd plan :
Term : 7 days
Return : 135%
Minimum to join : $40
Paid at expiry
Principal included.

3rd plan :
Term : 20 days
Return : 200%
Minimum to join : $100
Paid at expiry
Principal included.

After reviewing those plans I must admit that the returns are high as per terms and it is also very risky for the admin to continue paying because making this large profit is not possible everyday. So I can just wish for them. But also I am seeing that HugMoney is already paying for almost 50 days, so For me it seems to be another HYIP game where you can make some nice profit out of it if your timing is right as early birds are already getting it.

The design of the website is not bad but I found some drawbacks while writing this review. Their FAQ page is normal with no unique content. But while visiting their "About us" page, I got shocked because that page was just empty. Which proves the lack of seriousness of the program and made me feel uncomfortable with the program.

HugMoney is having a nice referral commission structure. They offers 5% referral commission for upto 30 members, 6% commission for upto 30-100 referrals and 7% commission for 100 referrals or more. HugMoney accepts 5 major ecurrencies like, Liberty Reserve, PerfectMoney, AlertPay, StrictPay and SolidTrustPay.

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Disclaimer : The reviews and all the payment proofs is just my opinion and experiences with the actual website, I do not endorse any program i posted here,Please understand the risk and invest at your own risk.