Jul 9th, 2012 Archives

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Beware! GlobalOilFund has stopped paying! Do not invest there! 

Good morning everyone! For the first post of the new working week, and the first post of the day too as I’ll be back later tonight at the regular time with all the day’s main news stories (so make sure to check again this evening for that) I have an interview with the admin of short term HYIP GlobalOilFund. His name is Sean and he has both impressed and surprised me by keeping his program online for as long as he has, which as of today is already over a month.

Nothing special about that you might think but when you consider the plans GlobalOilFund are offering members, including 105%-125% after 1 day, 55%-70% for 2 days, 130%-300% after 5 days, 180%-475% after 10 days, 300%-800% after 20 days, and 500%-1300% after 30 days you begin to see how difficult this might be. So whatever happens next, kudos to him for that at least. But up until now all I can say is that it’s been a solid enough performer so let’s hear what Sean has to say. If you like it and would like more information on the program then GlobalOilFund was first reviewed on MNO here.

1. Hi Sean, please introduce yourself to the readers of MNO and give us a little background information on yourself and your experience in managing other peoples money.

Hello, Sorry for the delay in answering this interesting interview Paul. As you all know, GlobalOilFund has grown tremendously over the past weeks and we were just so loaded with obligations on the company. I am Sean Cooper, the manager of our company (GlobalOilFund) and I administer the business. I used to work as a financial advisor for private individuals looking to invest their money. That should summarize my experience in handling the liquid assets of other people. After more than a decade of doing this as my profession, I met a client who got into the Oil and natural gas industry before he even met me. Being the friendly and easy to approach bloke that I am, this client of mine discussed his investments with me and asked me if it was a good investment or not. I immediately got interested because I usually prepare investment plans for my clients before for physical businesses, franchises and lending companies. The oil industry has intrigued me ever since.

2. Can you share some facts about the GlobalOilFund business with us? How long have you been in operation? Tell us about any partners or assistants you might have working for you as well.

GlobalOilFund ( the website ) was just launched last June 7, 2012 because I felt that there was already a need for me to share this opportunity to general public. Aside from the fact that the investment demand is very high , and there is enough room for more investments to be placed, I thought of pooling funds online. I discovered this HYIP industry without much knowledge and voila! I knew I found a right place to introduce this business to you. I have 3 staff working for me right now. Nathan, Daine, & David. All with their own responsibilities and departments to take care of. I look over them all the time, that is why I always lacked time to do other things. But with the heavy loads beyond us already, expect more developments from our company.

3. What are you offering investor in terms of plans and profits?What is the minimum and maximum amounts you can invest?

I am offering everyone a chance to begin investing with as little as $5 and as high as $25,000 . I believe that if you pool these $5 deposits together, you can come up with an amount that is decent enough to make good profits. We have 6 plans which you discussed accurately on your review a while ago. But let me give you a little more details here. As you can see when you click on the deposit link after logging in, we have 6 plans and each plan is divided into amount brackets. Please note that the advertised profits on the home page and the plan names are just the maximum profit you can receive from each plan if you deposited the maximum deposit amount on that plan. I suggest you go and check the deposits page for more information. Please note that the principal is included in the returns.

4. What payment processors arecurrently dealing with? Are payouts instant or do you make them manually? Also can you explain in detail the process of depositing through Payza and SolidTrustPay, because some investors may suspect you’re website has not been approved by those processors. Is this the case?

GlobalOilFund accepts Payza, SolidTrustPay, LibertyReserve, PerfectMoney and Walletbit (BitCoin). Payouts are made manually. I do not trust automatic payment systems, it is just too risky , no matter how you make sure its secure. Depositing through Payza is easy, all you have to do is login to your account, click on the deposit link, scroll down, click on the MAKE AN INSTANT DEPOSIT VIA PAYZA link on the payment processor choices. It should open a pop up window, and you will need to choose the plan from the drop down box. Once you have selected a plan, click on the Submit button.

Now here is the most important part, you will see some text in RED , it should read as a sample “Deposit by Sean to Ordinary Plan” (this is just a sample) . Copy that and never modify it, add text, delete text, or change anything. Now, login to your Payza account, click on Send Funds, enter the details you need, Amount, Type of Purchase (choose Other), and on the NOTE field, paste the code of text you just copied (the red texts).

Once your transaction is completed, your deposit should be in your account (if you followed all instructions) within 1 minute to 2 minutes. If your deposit failed to be added automatically , this happens to some deposits, you can click on the button in your main account area that says MISSING PAYZA DEPOSIT? CLICK HERE . Click that button and it should open a pop up window with a form. Enter all the details of your transaction and Nathan should add your deposit within minutes , if he is online.

We are approved by Payza to use Send Funds page for deposits. They set a rule on our account of 10% holds due to the nature of the business we are investing in. We chose to use this route instead of the other one where they will impose a 7 days hold of funds received through their payment buttons. Imagine having a 7 days hold when we have 1, 2, and 5 days plans. It is just impractical and it defeats the purpose of having short term investment plans.

5. Can you give us any other general statistics on the program, for example the number of active members, total deposits, total withdrawals, etc?

As of this writing, there are roughly 9,300 total members on GlobalOilFund. 6,219 are active investors already. All information is publicly displayed on the homepage. I know this should be a breath of fresh air but we sincerely and truly invest 30% of the deposited funds on the oil industry. The total deposited and total withdrawn should never be the basis of our company’s integrity and strengths because time might come that we will pay out more than the total deposited funds in our company.

6. What would be the best and most efficient way of contacting you if I have any questions or problems?

Guests and investors can contact me using several ways. First way to contact me is to use the help desk, ask the CSR to forward you to Sean, and your ticket will be assigned to me. You can also see me active on Facebook. Just like our Facebook page and you are automatically able to reach me via that social networking website. For your reference, here is our page http://www.facebook.com/GlobalOilFund .

Contacting me directly to my e-mail address admin@globaloilfund.com and my gmail account, will just slow things down for you. It is your best option to contact me on Facebook or using the help desk support system.

7. What have been the most common questions, problems, or other support related issues that you have had to deal with so far? Is there anything you would like to address here so that members can avoid having to contact you?

Well there are many questions that we receive daily, ranging from the very simple questions to more technical ones. The simplest question asked was, HOW DO I LOG OUT? Can you imagine having such questions, when the website clearly shows a big LOG OUT button? This is actually why I decided to write that FAQ page that way.

Investors asking why they received only $5 profit from their $100 deposit on the 1 day Ordinary plan is just an example that is very easy to explain. As you know the principal is not returned because your earnings include your principal deposit. This is the main issue we always receive. Another question is about having multiple deposits in multiple plans. We do not restrict our investors to single plan deposits. You can make new deposits to any plan, at any time, simultaneously. The most we have are those asking why their Payza deposit was not added automatically. The reason for this is because they leave the NOTE / MEMO field blank when they send the funds to us. Aside from not getting these added automatically because they did not follow the instructions, we are unable to locate their usernames and the plans they chose for that deposit. Most of the time, the e-mail registered on their payza accounts are not the ones registered in our system, so this will give members a delay in getting credited for their deposits. I request everyone to follow the instructions as accurately as possible.

8. Can you tell us in detail about the security of GlobalOilFund? Who is your hosting provider and how highly do you rate them as a service provider? What level of protection do you have from DDoS attacks or other malicious activities?

Our server is a custom set up provided by CloudFlare. We made sure that our website will be secured from attackers and hackers by getting a simple script, modified heavily to look like a regular script (for ease of use) but within it is a series of security measures and modifications in place to protect both the investors information and their funds.

I am not technically knowledgable about the DDOS protection we have but if you notice, for the past 32 days, we only had a single downtime, and we just moved to a more powerful server later and never experienced a downtime anymore, despite attacks trying to get through, specifically DDOS attacks. I am not familiar what level that is but it sure is enough to handle the recent attacks we encountered. Our system generates system backups every minute, with a rule that if a new generated backup file is lower in file size from the previous backup file, then it will notify us immediately.

9. What script are you running off? How secure is it, and what are its advantages for both you as an admin and for investors? Is your website protected with SSL encryption?

It is a simple investment script, one that is very popular in this field as I see majority of the sites using it. But as mentioned in the previous answer, it has been heavily modified in the internal portions of it and the database to make it very secure. Why fix something that is easy to use and people familiar with, if it ain’t broke right? Yes our website is SSL secured by COMODO.

10. What other outside business and investment activities are you involved with? Can we see any independently verifiable proof of these activities?

Because we keep our files private, far from the prying eyes of people who might want us to get in trouble for sharing this opportunity online, we’d rather not provide these publicly. There are laws that prohibit anyone to solicit funds online for whatever reason, so I do not think I can share this information with you as of the moment, despite our investments being real.

11. Tell us more about the general advertising and promotional strategies being used by GlobalOilFund. In a very competitive market what are you doing to bring the program to a wider investment audience?

If you were monitoring / watching GlobalOilFund from the beginning until now, we did a progressive way of advertising our company. We started by adding some of the good monitors, then we started buying ad spots on popular forums and blogs (yours included), and up until now, we still buy ad spots on popular places. Just few days ago, we advertised at Talkgold. 2 weeks ago, we started advertising with MoneyMoneyGroup. Then there are my ads here in your blog, and several other blogs as well. So far this has proven to be very very effective in gathering interested investors together to our program. If you check our alexa traffic rank, you will see the very positive effect of our advertising methods.

12. Are there any plans to develop GlobalOilFund further in the near future? How are you planning to keep the program competitive with so many other options open to investors?

As the main man on this company, I think of innovations and features that would set us apart from the crowd. We take care of our investors and we think of ways to make their experience with us more convenient and hassle -free. If you notice, that we make changes on the site almost on a weekly basis, we add features and pages and update this and that. We are doing this to always improve our system and our program. We are open to suggestions with what can make your experience with GlobalOilFund a better one.

13. And finally, is there anything you feel that wasn’t covered in this interview that you think the readers of MNO should be aware of? And also would you like to comment on the review of GlobalOilFund that I wrote? Is there anything in it that you felt was unfair, inaccurate, or otherwise in need of correction?

Paul, your review of GlobalOilFund has definitely exceeded my expectations. Your view is very accurate and very informative. These blogs were made to inform readers of the real deal about the topic and you are doing just that, perfectly. I love the way you explained the plans too. So I would suggest you link your review on that part where you asked me to explain about the plans.  I would be thrilled to see another review from you, in the coming days. Is that even possible? Well as far as I see right now. Everything I had in mind has been covered by this interview, if I feel like I wanted to address something that was not covered here, I will immediately contact you and we can set another interview. What do you think?

Thanks a lot to Sean for that, and good luck with the program in future. To answer his question for anyone interested by the way, follow up interviews and reviews are always a possibility on MNO but first there needs to have been significant changes made to a program to justify replacing the old version, and of course they would have to be online a lot (and I mean a LOT!) longer than GlobalOilFund has been. But that’s up to the admin and if he can manage that then sure, I see no reason not to pick this up again by Christmas. But for now I’ll also wish the best of luck to all the GlobalOilFund investors. I hope the interview was of some use to you one way or another and that you can all make a profit.


INTRODUCTION OF EXPERTKAPITAL

Just one more thing I’d like to report today is that as of an hour ago a brand new program ExpertKapital was listed on Premium Status. The program’s layout looks quite nice at first glance and the only investment plan accepted via LibertyReserve, PerfectMoney and Payza will definitely catch the smart investor’s eye (SolidTrustPay will be also added soon, according to the admin). The plan paying 7% for 22 calendar days with a minimum investment of $10 and the original principal included in the daily payouts looks both sustainable and profitable. The most original thing about ExpertKapital is that you don’t have to request a payout as after sending the money to the payment processor’s account of your choice you will be paid daily and directly to the e-currency account you joined with. After creating an account and making the deposit you will be sent a confirmation email with the investment terms and your referral link. ExpertKapital is an SSL-secured site hosted on a dedicated server with Staminus which usually provides a quality service for HYIPs. The admin even went as far as registering five different domain names for mirror sites, so you can be sure that if something happens with one it will be easily replaced with another. The recent example with NewGNi who had issues with their domain registrar and had to switch to another extension proves that it might not be a waste of time and actually quite a wise move on the admin of ExpertKapital. All in all, the program looks quite fresh and I look forward to review it on MNO soon. Stay tuned for that, guys!

That’s it for the moment guys, but don’t go too far. Like I said at the start I’ll be back again tonight with a closer look at one of the recent additions to the MNO monitoring page as well as a full round up of all the main news stories from the industry. So stay tuned for that and see you all then!

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