Funds-O-Matic now rests in the graveyard of failed, closed, or scammed HYIPs. So sad, because it was a cool little HYIP during it’s tenure. Many HYIP blogs and monitors gave it rave reviews and played it up.

Was there a warning for it? Yes. Funds-O-Matic began sending out a lot of messages in the two months before their demise. While great communication should be the mark of any HYIP, excessive communication should be concern for investors to worry. FOM began to send their members so many updates with new rules and explaining why these new rules were in place that it prompted me to begin to remove my investment as soon and fast as the program would allow. I advised those I referred to do the same. Thankfully, I got my money back and them some with FOM, but timing isn’t always that good with HYIPs, which is why you should know the warning signs.

In my experience, Funds-O-Matic was a great HYIP while it lasted. I was in profit and going well with it, but when an HYIP begins to talk about caps, being rung in by AlertPay, and other issues for which they say they must change their terms and investments, it’s time to take a closer look at what you put in and, if you haven’t already, begin to get back your initial investment.

Moving past scammed or closed programs in the HYIP is really tough. While many beginners in the HYIP world get discouraged, understanding HYIPs and playing them is a task of calculation and playing the timing right. Additionally, no self-respecting HYIP blogger, monitor, or HYIP should imply that an investor should put in any hard-earned money.

Yes, it’s true: Unite Trade has closed. Many did not see this coming, but there were some bubbles of possible scamming–from reliable sources–hat popped up on the internet about two days before their demise.

Some have said that they are giving refunds. If you invested with AP, I would suggest you create a dispute to get your money back, if possible.

Note: MoneyBlogOnline is in no way offering financial advice, but merely making the public aware of options available to them. As with any type of investment, approach these carefully as they involve some sort of risk.