19/06/2010. Interview with the admin of MoneyTree

BEWARE! THIS PROGRAM IS PAYING SELECTIVELY! PLEASE DO NOT INVEST!

Hi guys! Peter Russel is the admin of a recently launched short term program called MoneyTree and for my first post today I have an interview with him where he tries to explain the workings of his program a little better in his own words.

It’s a short term HYIP and despite the trouble surrounding a lot of similar programs as of today MoneyTree has completed three cycles of it’s first plan and has also paid out on expiry on one of the other two. Success being a relative term these days, it seems that so far Peter has managed to do something right so fingers crossed it will continue for now. Before we hear from him let me just remind you that MoneyTree is a program offering terms of 109% after 3 days, 132% after 8 days, and 180% after 16 days with your principal included in each. MoneyTree was originally reviewed on MNO here and can be discussed on the MNO forum here.

“1. Hi Peter, please introduce yourself to the readers of MNO and tell us about your own role within MoneyTree. What are your own duties within the program? What qualifies you to run an online investment project?

Hi Paul and all MNO readers. My name is Peter and I am the Manager of the MoneyTree online investment project. My work includes the handling of all funds transfers and answering support tickets. With years of experience in online investment projects I am confident in the future of MoneyTree.

2. Can you also give us some background on the program? How long have you been running? What were you hoping to achieve by starting it in the first place? Apart from you is there anybody else working on MoneyTree?

MoneyTree officially launched on 6/9/2010 (9th of June). Our Starter and Short Term Plans have just matured 2 days ago. My aim is a truly honest program that offers a high level of support, which sincerely puts the investors’ interests as a primary goal in order to build up a strong and long lasting business and community.

I manage the MoneyTree project with 3 collaborators – the support of a customer service person, a programmer and a designer.

3. What about the investment plans? Can you explain them in detail to us? What are the minimum and maximum amounts for investment, what rates of interest are on offer and how long do they run for?

We decided to include 3 levels of investments. The first one is the “Starter Plan”, in which your investment here is between $10 and $6,000. This plan returns 109% after 3 calendar days

Next is the “Short Term Plan” or 8 day plan, with the investment range from $30 to a maximum of $12,000. This plan returns 132% after 8 calendar days

Finally, there is the “Medium Term Plan”, which currently is our top plan, the best choice and most rewarding. Here you may participate with as little as $80 to a maximum of $18,000. This plan returns 180% after 16 calendar days

Principal is included in total investment return.

4. I said in my review that I thought an $80 minimum for a 16 day plan was a bit much in the current climate. How do you respond?

The MoneyTree project aims to attract small to large investors on the internet, with a range of investments wide enough to suit every taste and budget. I acknowledge your comment about the current climate, but there are those who yet remain able and willing to participate at higher levels in order to make increased gains.

5. Tell us about the payment options available from MoneyTree. What payment processors are you currently dealing with?

We are currently working with 3 Major payment processors: Liberty Reserve, Perfect Money and AlertPay.

Additional payment processors may be implemented if requested by our members.

6. How highly would you rate the security of your own website? Tell us about your hosting provider and how highly would you rate them as a service provider?

The MoneyTree website is hosted on a Dedicated Staminus server, with a high level of DDoS protection by Koddos. All files are monitored 24/7. Koddos is a very reputable hosting company who are professional and highly experienced in handling various attacks on e-commerce websites.

7. What script are you using? Is it licensed and what are the benefits of using it to both admins and members? Is your site protected with SSL encryption?

MoneyTree is running off a licensed GoldCoders script. Besides the flawless security provided by the GC script, it offers a convenient interface to both members and the admin back office.

The MoneyTree website protects all data transfers with 256 bit SSL encryption.

8. What kind of customer support do you offer? What is the best and most efficient way to contact you if I have any questions?

All member support requests are handled through support tickets. We are working to implement additional customer support as our membership grows.

9. Tell us about the most common questions or problems encountered by your members. Is there any advice you would like to offer here to save people from contacting you later?

So far there haven’t been problems encountered by our members worth mentioning. If members have any questions, our customer support staff will be happy to answer them all.

10. What other outside business and investment activities is MoneyTree involved with? What are you doing with your members’ money and how are you generating such huge profits? Can we see any proof of these activities?

The MoneyTree project is backed by funds spread from trading in stocks and futures markets. Trading in such markets makes it possible to generate high returns, however, do understand that high returns = high risks. I’m sure everyone here is well aware of this basic principle.

11. Are there any plans to develop MoneyTree further in the near future? Will there be any interesting changes made soon? How are you planning to keep the program competitive in such a difficult time for the HYIP industry?

Development of our project is a must to keep it competitive with others in the market. I will always be working to improve and add more to the MoneyTree project. The current short and medium term plans are a strategy to attract potential investors. In the future we plan to add long term plans.

We hope that our members will continue to show their support and aid our motivation to move ahead successfully.

12. And finally is there anything else you wish to say not covered in this interview? If there was just one thing you could say to investors to get them to join your program before any other then what would it be?

First at all, to prove my administrative presence, I will be there for my members – seven days a week, twelve hours a day. MoneyTree is relentlessly engaged in the improvement of our program. We will never stop improving and updating it.

If some of you still have doubts about participating in our program, you may choose to sit back and watch as it grows, but as a result you may leave behind the opportunity to make money with us. As we all know by now, there is no such thing as FOREVER in this industry.

Thank you for giving me the opportunity to answer this interview.”

Thanks a lot to Peter for that and best of luck to him and all the investors willing to take a chance there. That’s it for the moment guys but don’t go far because I’ll be back a little later with all the day’s main news stories, so stay tuned for that and see you all then!