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Update from MNO on FENIX

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FENIXGROUP – PAYMENTS STOPPED! DO NOT INVEST!

After a little bit more that two weeks on MNO the hottest program among readers FenixGroup unfortunately stopped paying. It has now moved to Problem status on the MNO monitor and further investments are not recommended. So what happened? I’m basing this on information provided by the admin of FenixGroup himself who replied to me earlier when I asked about delayed payments and moving money back to balances. He claims that Neteller is to blame for the premature closure of FenixGroup which we all (including the admin) had such high hopes for. He went on to explain that a few days ago Neteller blocked one of the accounts used by FenixGroup with the other accounts all blocked as well when the admin was trying to recover access to the funds in the first one.

Apparently that was due to some activities Neteller considered suspicious and possibly the admin even tried to move money out of the system (though I doubt he’d admit that if true). In any case, without the Neteller funds it was impossible to continue and the admin told me that he would not be using them in any future projects. Not that it’s of any comfort to most of you, but at least he apologized for letting so many people down, saying it was out of his hands and was simply impossible to continue payouts this way. I can only speculate that the admin knew already that the issue with Neteller was coming when he announced a third weekly bonus last Friday, but still went ahead with it in hope of incoming deposits filling the gap left by blocked Neteller funds. Obviously that never happened as only some investors were paid on Monday and today it became clear that FenixGroup had stopped payouts altogether. The admin did make a promise to pay members to SolidTrustPay and Neteller, so fingers crossed then that some of you might not be hit too hard by the closure. In any case, FenixGroup which was met so enthusiastically and hailed as the next big thing came to an inevitable if somewhat premature end today. I hoped it could continue if the Neteller issue wasn’t so serious as it had great potential to be the next industry leader. Unfortunately HYIP admins are only human and capable of making mistakes, and this one proved fatal. FenixGroup has sadly finished, but hopefully the future projects from the same admin will have better luck. Please stay away from FenixGroup as the website is still online and collecting new deposits!