14/05/2010. Interview with the admin of Forexica

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

Hi guys! It looks like another fairly busy day for myself so I’ll be posting here twice again today. The first thing I want to bring you is the following interview I received with the admin of a recently launched HYIP called Forexica. As he’s opted not to give a name then maybe you should make something up! And as usual with admin interviews it’s up to the reader to read between the lines and filter out what you believe to be fact from fiction, but for more practical information on the program I suggest you refer back to my original review of it published here.

Forexica has a huge variety of plans on offer ranging from short term to long term. Terms available include 103% after 2 days, 107% after 4 days, 116% after 8 days, 135% after 16 days, 156% after 24 days, 185% after 36 days, 235% after 50 days, 280% after 65 days, and 400% after 90 days.

“1. Hi Admin, please introduce yourself to the readers here. Tell us about Forexica, about the nature of your company and about your personal role in running it.

Forexica is a private investment program with a professional team of traders and stock managers. It helps you to receive an additional income generated by the work by our professional traders.

The company was formed in San Francisco in 2002. At the beginning of 2007 the group relocated to Birmingham, England, where we currently have a personal office. We offer a comprehensive stock investment service that can easily accommodate your specific needs for good investments. Our program is backed by Forex, Bonds & Stocks Trading with various Financial Institutions all over the world.

2. On your home page you say you relocated from San Francisco to Birmingham in the UK, yet originally displayed an address in Birmingham, Alabama. How did you get your own address wrong? What would I find if I was to visit the original address?

That Alabama address that was placed for about 3 or 4 days was a default address that our web designer had put there. We sent our address to him and now everything is ok. We are in the UK not USA. So we rent an office there that’s where we work from.

3. So what exactly are you offering investors? Explain your investment plans to us in detail and tell us how profitable are they. What have been the most popular options so far?

First we had a test plan for the purpose of showing investors that their funds will be returned to them 100%. And after doing that we changed it to show our main plans to investors. We have nine investment plans from 103% after 2 days to 400% after 90 days that investors can opt for depending on their own circumstances. The Best option depends on the individual investor’s needs. I mean they will choose the best option for themselves but about our plans I can say all of them are safe and planned.

4. What payment methods are available? What payment processors are you dealing with and which would be the most popular?

We accept LibertyReserve and PerfectMoney and both of them are good and safe. But most of our investors deposit via LibertyReserve.

5. What kind of advertising strategy are you using to promote Forexica? The online investments business has gotten a lot of bad publicity recently so how are you getting through to investors that yours is a better option?

Our strategy all about being visible. But if we have only one investor we will continue with his/her funds and make money from that because we are not a ponzi and we really do something with investor’s fund.

6. What are the most efficient ways of getting in contact with you if a member has any questions or problems? I see you offer phone support. Will I speak to an actual Forexica operator there or is it just a message/call-back service? Is it a 24 hour service?

Best way is sending an email for solving problems related to accounts. Phone support is for the public and will present you with information about our site, plans, and other details from our phone support operator. It is not a 24 hour service. Try it between 07:00 – 17:00 GMT.

7. To date what have been the most common problems or questions put to you by the members? Is there anything in particular you would like to address here in order for members to avoid having to contact you at all?

I don’t remember any kind of continuously repeated question from our members.

8. Can you tell the readers in detail about the security of the Forexica website? Who is your hosting provider and how highly would you rate their services? Tell us also about the script and why you chose it.

We use a GoldCoders licensed script because we tested it and so modified it for some features, adding some hidden security options in there. We are hosted by BlockDos on a dedicated server and so our files are locked and no one can access or edit them. Only we can do that after sending a request. Their support is very good. High scale hosting is costly, but it’s safe and powerful.

9. I said in my review of your program that you give little in the way of real information about your business. So can you tell us what exactly are you doing to generate profits for the members and what are the day to day activities you are involved with?

Our main profit earner is doing hourly ForEx trading. But we are busy with some other money projects.

10. I see that you made a lot of changes to your plans in a very short space of time. What do you say to the suggestion that maybe your program wasn’t all that well organized to begin with? Or are you finding it difficult to compete against some newer higher paying programs?

As I said before that was all part of the planning, so let’s continue and keep looking to Forexica to become one of the best online investment programs. I promise.

11. Can you give us any statistics on Forexica as regarding the membership, the deposits, and the rate of growth? Are you satisfied with the progress you have made so far? How would you like to see the program develop in the short term future, over the coming three months?

Membership information as well as deposit histories is private and confidential, just as your own personal details are. We have planned on getting results for the long term and not the short term. Let me reply to growth in the future, because I think after 5 to 6 months Forexica will be a legend.

12. And expanding on that, do you have any plans to further develop, expand, or otherwise improve Forexica in the near future?

Yes of course. We have a managed plan. And we will continue with our plan every month to reach to our target.”

That’s it for the time being guys, but not for long. I’ll be back a little later tonight when I’ll have all the day’s main news stories for you from the programs listed on my monitoring page, so make sure and check back for that. See you then!