25/11/2009. Interview with the admin of ArbsFund

THIS PROGRAM HAS STOPPED PAYING! PLEASE DON’T INVEST!

Hi everyone! As has been the case a few times recently I’m having to occasionally publish two updates per day, so if you’re looking for the daily news then that will be along as usual a bit later this evening. First up though is this interview I received to my mailbox with the admin of ArbsFund, a newly launched long term HYIP with offers to pay a fixed rate of interest of 8.5% per week for as long as the program runs. It’s proving to be a popular enough style of plan with a number of successful HYIPs offering similar ones. For further information on ArbsFund you can always refer back to my original review published here.

“1. Please introduce yourself to the readers of money-news-online. Tell us about your own role within ArbsFund. Who else is involved in managing the program with you? What can you tell us about your experience in running an online investment program?

Hello to all readers of money-news-online, I am Cadman Randolph from the States and the project manager of ArbsFund, Inc., We are composed of 12 people in our team and divided into different department. This is our first online investment program and we hope to make a real difference.

2. Can you give us some background information on ArbsFund? How long have you been online? What are you realistically hoping to achieve by launching this site?

We are operating privately since 2007 and we didn’t accept investments from online investors, and we only utilized our private funds to generate profits. We are hoping to be the best in this field, and to provide a risk free investment environment.

3. For those unfamiliar with online HYIPs can you explain how the process works? From the moment I decide to invest in ArbsFund to the moment I get my first payout, what happens? What do I need to do before joining?

Being part of our team is easy, you will need to open account using OPEN ACCOUNT tab, and you will be redirected to the registration form, fill in all the required information and click on the REGISTER button. Before you can earn weekly profits you need to make an investment using the MAKE DEPOSIT button found in your members account area, we a offer wide range of payment processors for members convenience. After you make an investment, interest will appear in your member area after seven calendar days of your investment and it will be available for withdrawal.

4. What are the investment plans you are offering investors? What are the minimum and maximum amounts to invest? What payment processors are you currently dealing with?

We offer 8.5% risk free weekly profits forever, the minimum amount of investment is $20 and the maximum is $10,000. You can make additional investment as many as you like but all investment are handled separately. We offer wide range of payment processor, at the moment we accept AlertPay, LibertyReserve, PerfectMoney, StrictPay, and SolidTrustPay.

5. Why do you think programs offering “perpetual” plans like yours, i.e plans with no expiry date, are so popular now? Also, I don’t see any mention of an “opt-out” clause on your website for those who would like to get their principal back and leave the program. Is there one?

Since we are engage in a risk free venture which is Arbitrage betting we offer a lifetime earning opportunity for as long as you want to stay in our program. Investors can withdraw their principal deposit only after an eight week lock in period.

6. One of the first things I noticed about your website is that the texts on arbitrage betting are copied directly from another source. Why?

The guide was used by as a general guide of arbitrage betting, we used it because it was clearly explained and easy to understand if you want engage in arbitrage betting.

7. I notice you don’t have any sort of “Ratings” page. Why not? I see there are discussion forums where investors can go to verify the good standing of ArbsFund but why don’t you list monitors?

We have decided that forums are still the best source of information for the standing of our program. We have plans to list some monitors in the upcoming weeks, as of now keep checking on our forum thread for your reference regarding our program.

8. Tell us in detail about the security of ArbsFund. Who is your hosting provider and are you on a dedicated server? What kind of protection do you have from DDoS attacks? How highly do you rate your hosting provider in terms of dependability and customer service? How reliable are they when you have problems?

We are hosted on a Staminus Dedicated server, and DDoS protection from KODDOS, which is one of the best in the industry.

9. Could you also tell us in detail about the script you are using for ArbsFund? Where does it originate from and what sort of features does it have? How highly would you rate it and it’s provider again in terms of customer service and security?

ArbsFund is running on a license Gold Coders script which is better in terms of security and its user friendly interface.

10. How have you been promoting the program so far? What advertising strategy are you using? How big a part have the existing members played in this? Are you satisfied with that level of support?

We are advertising in all strategic locations to reach our target audience in order to increase not only our membership based but also to increase public awareness regarding our program. We are aiming to reach 1000 members before Christmas. Member are already advertising our program and some already enjoy good rewards in promoting ArbsFund, since we offer 8.5% Referral Commissions.

11. What about the success of the program overall so far? Are you pleased with the level of growth to date? Can you give us any statistics on the amount of members and the total amount deposited? What are your expectations over the coming weeks and months?

We can say that the launch of ArbsFund has started as a huge success, we are already satisfied to the current growth of ArbsFund. We already have 550+ members and the total amount of investment is well above our expectations.

12. What kind of customer support do you provide for your members? What is the most efficient way for members to get in contact with you if there are any questions? I see that you have a Live Chat feature. What will be the best time to talk with you or an ArbsFund agent there? Are there other ways of getting in contact with you?

We at ArbsFund are committed in providing the best customer service possible. We offer Email Ticketing system also we offer live chat support, so you can solve your online inquiries faster. You can get in touch with our Customer service representative 8Hours per day 7 days a week.

13. What about your address in Belize? What would happen if I called there during business hours asking to so an ArbsFund agent? Or is it just a “Virtual” serviced office and mail collection point?

ArbsFund is ran directly from Belize, although some of our staff are located around the globe. You are welcome to call Paul and we are pretty sure our support would be available to answer to your questions.

14. Also what can you tell us about the outside business interests of ArbsFund? What are you doing with members funds in order do finance the payouts? Do you have a license for these activities?

ArbsFund are engaged in Arbitrage Betting. We divide our operation capital into different portions, 20% is for members payouts and the 50% is used to fund our different bookmakers accounts, and the remaining 30% acts as a reserve fund for our everyday trading.

15. What proof can you offer of them and can you give us one ore two examples of sporting fixtures that have yet to be played (let’s say that occur within a few days of you answering this) where readers can check your methods and maybe place a bet for themselves? Just to see that it really works.

Since we are subscribed to the different Arbitrage alerts services, and surebets are only available few hours before the match.

16. What are your plans for the immediate future of ArbsFund? Can we expect any new developments or improvements over the coming weeks or are you satisfied with the state of the program as it is?

We have many plans for ArbsFund in the upcoming weeks, we are going to launch our forum for additional support and also a blog to provide a daily updates for our members.

Also we are going to add currency exchange and compounding options for the benefit of our members.

17. And finally, there are a lot of good choices out there now for HYIP players to choose from. If you had just one thing to say to potential investors to convince them to give you their money, what would it be? What is it in your opinion that makes ArbsFund better than the rest?

We at ArbsFund aim to provide a risk free investment environment for online investors. We are not the best, but we are here to provide our client the best investment solutions for their investment portfolios.”

Thanks a lot to the admin for that. As usual the information is entirely up to yourself to decipher and to consider if it is suitable for yourself as an investor. Like why the authenticity of any claims made, why exactly they are aiming for the target of getting 1000 members signed up before Christmas, which seems like an odd sort of a goal for a program claiming to be risk free and long term to have at all. Anyway, it will be your choice.

Don’t forget to check back here a little later for another review and all the most up to date news stories from anywhere in the HYIP industry. So stay tuned for that everyone!