200% in One Week.. ?!
EmpowerForex (reviewed here) just announced that they have added another investment plan. It will pay you 200% after seven days. The minimum investment is $1,000. This means that, in one week’s time, you will double your money or, to put it still another way, you will make a 100% net profit. This is a LOT more than the typical HYIP that will offer you 5% or 10% net profit per week. If you divide the 100% total net interest by the seven-day length of the program, you get an average daily net interest (DNI) of around 14.3%. This is extremely high and, in the article in HYIP Insights #12, we suggested that the survivability of programs offering investment plans having DNIs higher that 2% might be at risk. This is WAY higher than this suggestion. So, the investor should be very cautious about this new plan — and even the overall program. However, high interest investment plans are nothing new for EmpowerForex. They already have another plan on the books with a DNI of 15% and a still more amazing plan with a DNI of 54% (see our review of the program for details). In fact, in our recent News Commentary #732, we actually recommended that the company delete this last investment plan because the interest that it offers is so insanely high. In fairness, although we are very skeptical of programs that offer such high returns, it IS possible that EmpowerForex has some sort of trick up their sleeve that enables them to generate the funds required to fulfill their obligations to investors in these plans. You will have to be the judge.
Here’s the announcement from EmpowerForex…
NEW TARIFF PLAN IS ADDED!
According to our recent trading results which are described by the link below, EmpowerForex company’s top management together with our trading department came up to a decision of expanding the field of the company’s activity. We seek to make our investment conditions suitable for everyone and launch one more tariff plan. You have a chance to make a one-week investment with a 200% interest rate. Deposit $1000 or more and receive double income at the end of the 7 days investment period! Go ahead, try the new tariff plan and have great earnings with EmpowerForex company!
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