They are still working but not paying. Unfortunately such cases are not a rare thing. That's why we will try to contact the hosting and close the site. But, till it's working it's dangerous. By the way some investors are considering that elegantmoney.net is connected with elegantmoney.biz. The second site is not working that's why it's hard to tell something concrete. But it's well-know fact that Elegant Money has a big problems. They have ben working for a 2 months and brought a lot of profit. The have stopped paying on the peak of the popularity and still they can attract lots of the investors, whose deposits will never get back. Warn every one you can!
, HyipNews.com