I received the following from the long-term HYIP Gain Interest:

Thank you for being with us. This week was not a good week for us and we have to say it was a very bad one.

From the inception of Gain-Interest.com , we have faced many dishonest things in what you refer as “industry”. This “industry” is full of craps (from programmers to dishonest monitors,….) and I don’t know how and who can fix its problems, I think the investors are the only ones who can distinguish between lousy and real guys. I personally felt that “you have to be another person so can work in this situation”. We encountered many problems but each time we said ” that’s OK, we will get it right, we can be successful and make profits for ourselves and others”. Our LR account was hacked, we had to change the hosting provider,….and we did our best not to delay or breach of any of our promises. Now the new story begins:

We have been reported by several members that our deposit function of the script is not working. We told this to our programmer and he said there is a bug in your script and will take time to rectify that as he has to scan all the script’s files. We thought he is saying that just to get more money but it was confirmed by another 3 programmers. We said OK, we will install a new script and will get the database transferred. But they said your script is a crap and its tables are different. On the other hand we have received some emails saying some other problems in the script as well, like not being able to edit the account details,….

So due to these and many coming problems (we have received some threatening emails as well,…), because we cannot change our attitudes and cannot adapt to this so called “industry” we are announcing CLOSING of Gain-Interest.com .

I am really sorry to be the bearer of bad news. We came here to stay for a very long time and make money for all of our members but we didn’t know about these **** stuff.

These are the terms for closing:

1- ALL the INVESTORS will get back their money in the next 48-72 BUSINESS hours.

2- ALL monitoring services are canceled.

3- NO new member can signup.

4- NO new withdrawal nor pending will be processed.

5- NO email is answered concerning this matter. Except the investors can email us if they didn’t get their money back in the proposed time frame.

Please be advised that is not a “run away” story as we came to stay but…..

I wish we knew the condition of this business before starting it and hope you will be successful in this “industry”.

Thank you for understanding our situation.

Best Regards,

Gain-Interest.com Administration Team

The Gain Interest site is down with the above message being the only thing on it (other than a link to 7angels.info web services). In the above message they say refunds will be issued within the next 48 to 72 business hours. So, all refunds should be issued in 9 business days from now or by November 9th, 2010.

I’ll keep you all updated if I hear anything further from Gain Interest. At this time I’m moving their program to the Problem/Closed section on my Monitoring page. If you are an investor and receive a refund please post a comment here or contact me.