21/12/2009. Interview with the admin of MoneyPlus

BEWARE! THIS PROGRAM HAS STOPPED PAYING! PLEASE DO NOT INVEST!

Hi guys! In the first of two updates I’ll be posting today I have an interview with the curiously named T. Abrahami who is from MoneyPlus. That’s a long term HYIP offering plans like 0.6%-1.3% for 30 days, 1%-1.7% for 60 days, 1.3%-2% for 120 days, 1.7%-2.5% for 240 days, and returning your principal on expire. For further information you can always refer back to my original review here.

I thought I’d heard and seen it all in this industry. But you know every time I think that, something else comes along to surprise me. Enter Doctor William Stone. Apparently a lecturer in Information Technology at the world renowned Oxford University, it seems he has taken to running an online HYIP in his spare time. I know, I was a bit surprised as well!

Anyway, this is the information offered by the program admin. Use that information wisely.

“1. Hi, please introduce yourself to the readers of MNO and tell us a bit about your own involvement in MoneyPlus. Is this your first online venture? What other experience do you have in this Industry?

This is T. Abrahami one of the MoneyPlus support staff, but the company was founded by Dr. William Stone. The team consists of 50 specialists, citizens of 9 countries, graduates of the top universities and business schools who know how to invest money. Majority of the members of investment committee and personal financial consultants possess the most valuable certificates of the world of finance – CFA, ACCA, MBA, FCFR. Every manager has a solid personal career and deserves credit from their client and money market due to their professional knowledge and absolute honesty. This confidence is our capital and it is also a guarantee of our success. Nobody from our team will ever risk the investment assets and capital even if it would be quite profitable at first glance.

2. The first thing that struck me (and a lot of others) about your website was the text and design. It’s a direct copy/paste from another UK based car finance company, Even the slogan and the mascot. Why? How long have you been aware of this? Is this ever going to be fixed?

Our designer group was KASPID, which is the same as Credit Plus, but we did a buyout of this template.

Comment from the : moneyplus.biz is bogus and have stolen copyrighted material from creditplus. Creditplus is not and never has been a customer of kaspid.

3. Can you also give us some background history on MoneyPlus? Why did you decide to open your own program and what are you expecting to achieve by this? Are you alone or do you have a business partner or assistant?

Founded in 2005 in LAWSON HOUSE, UK., The MoneyPlus is a multimedia financial-services company dedicated to building the world’s greatest investment community. The Name of our company is MoneyPlus, but we are listed all over the place under the umbrella MoneyPlus Group Limited with Reg. No.07015259 Fund Inception Date of 05/08/2005.
Currently We have 2 branchs, London and California:

Money Plus Worldwide Financial Services Ltd.
Flat 44 Sarnersfield House, Pergrain Way, London, United Kingdom, SE15 1ND

“Money PlusFinancial”
8577 Haven Ave # 100 Rancho Cucamonga, CA 91730-4850

Money Plus Group Ltd was located in Cheshire but has been removed to London and name was changed to Money Plus Worldwide Financial Services Ltd for changing mode to online services.

4. What are the plans you are offering investors? What are the minimum and maximum amounts to spend? What payment processors are you currently dealing with? Are payouts automatic or do I need to request them?

There are 4 investment plans; 30, 60, 120 and 240 days plan, with different percent profits in relation to amounts invested. Currently LibertyReserve, PerfectMoney, AlertPay, BankWire, Webmoney, SolidTrustPay, StrictPay are accepted. Payments are processed instantly for verified accounts and manually after request for regular accounts.

Basic: 10 – 1,000 ; Fair: 1,001 – 5,000 ; Good: 5,000 – 25,000 ; Excellent: +25,001, that profits are between 0.6% daily up to 2.5% daily.

5. Are the rates of interest you offer realistic? How long do you think it can be sustained?

In today’s market with good and knowledgeable market research and analysis, it is best place to have over 30% or 40% return on your investment and now our profit in major market eg. NASDAQ, S&P , Forex, is more than profits in our investment plans, and our program will not be closed. Perhaps our plan going to change in future.

6. What about the security of the MoneyPlus website? Who is your hosting provider? Are you on a dedicated server and how protected are you from DDoS attacks? What script are you using?

Goldpoll provide DDoS protection with a guarantee and SSL certificate with dedicated server. Our script is unique but based in GoldCoders because GoldCoders script is one of the best and safest investment scripts.

7. What advertising strategy have you been using to promote MoneyPlus to date? How big a role have existing members played in this promotion? Are you satisfied with the level of growth so far?

At first we did advertise in monitors with listing and banners. Then we did started to promote our program in forums with banners, and in near future you will see our ads in all of major forums and monitors plus Yahoo, Google and amazon.com

8. What can you tell us 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?

Our program has grow steadily by the day and you can see the evidence on http://www.alexa.com/siteinfo/moneyplus.biz But I’m sorry I can’t disclose amount of members and the total amount deposited.

9. What kind of customer service and support do you offer to investors? What are the most effective ways of getting in contact with you if I have questions or problems? Do you have live chat support? How often is that available?

There is 24 hour live support and all email will be answered between 1-8 hours.

10. What can you tell us about your outside business and trading activities? We know that the story on your home page isn’t original so what are you really doing with members money? Are you completely dependent on new investors money to pay the older ones?

We are not a Ponzi or Ponzi MLM system. Many scam programs and Ponzi systems affray people from online investing, also we became a victim of them, but we did learn our lesson.

We are traders in Forex and other major markets, also our home page text is original, but some repetitious questions and terms in our site are like other investment programs.

11. I am also interested in your postal address. I don’t live too far away. What would I find there if I called during business hours? Is it a “virtual” managed office for collecting mail or would I find a real working business staffed by MoneyPlus employees?

Our postal addresses are
Money Plus Worldwide Financial Services Ltd.
Flat 44 Sarnersfield House, Pergrain Way, London, United Kingdom, SE15 1ND

“Money Plus Financial”
8577 Haven Ave # 100 Rancho Cucamonga, CA 91730-4850

And they are a real working business staffed by MoneyPlus employees.

12. Many investors traditionally get extremely cautious around this time. Christmas often throws up a lot of scams from admins as well as a lot of Hit ‘n’ Runners from the investors. How do you intend to deal with both of those?

We think Christmas is a great opportunity for us to show the superiority of ourselves.

13. What are the future plans for MoneyPlus? How are you planning to help the program’s future growth and development into a major player in the online investment arena?

We have great advertising plans for the future and maybe our investment plans might see some changes in the new year.

14. And finally, one of several questionable comments on your “comments page” by William Stone included “Myself was born in British and teaching in Oxford University”. That, and the statement that accompanies it, was very obviously not written by a native English speaker. And certainly not by a lecturer at Oxford University. So why is it there? Tell us what this man teaches in the University and how we may verify this.

Dr. Stone really is one of lecturer at Oxford, he was born in British and he lived and studied in India for 30 years and after this he backed at 50 to British to teaching IM and IT in Oxford.”

Thanks a lot to the admin for making the effort there. Plenty of bizarre claims to keep you thinking there I think. Best of luck also to the students of Dr. Stone and to the future of the faculty at Oxford University. They’ll be needing it as I fear their thousand year tradition might be in doubt! Joining the 25 British Prime Ministers and the 47 Nobel Prize winners to have graced its hallowed halls we now have one HYIP admin.

It has come to my attention that the actual MoneyPlus Group mentioned by the admin in the earlier part of the interview are still very much in existence. Various allegations or wrongdoing have been leveled against MoneyPlus (the HYIP) in relation to this. If you have any concerns about what you are doing or how secure your deposit may be as a result of this you are free to contact the original MoneyPlus Group, who describe themselves as “ a privately-owned group of financial services companies” here. Feel free to raise any concerns about this issue with them. It’s your money we are talking about here, not the admin’s. It’s your duty to satisfy yourself about any doubts about these activities. If there was no wrongdoing, then nobody needs to worry. Right?

Anyway, thats about it for the moment but don’t stray too far because I’ll be back later this evening with all the latest news stories from the industry as well as taking a closer look at one of the recent programs to be added to my monitoring list. So stay tuned everyone!