Aug 15th, 2009 Archives

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

Hi guys! Today I’m pleased to be writing to you from the wonderful old Danish city of Odense. Home to many wonderful old landmarks and forests, there is a noticeable change of pace here to the hustle and bustle of Copenhagen and a welcome one too I think. The atmosphere is distinctly more relaxed.

One thing that shows no sign of slowing down though is the latest, and arguably one of the better, short term HYIPs to explode onto the online investments scene recently. There are of course PlusInv and today I’m pleased to have an interview with the admin there, Jenny. In keeping with the best traditions of short term HYIPs Jenny has wasted no time in getting straight down to business. No time wasting and no nonsense. Which is the real strength of PlusInv and its admin. They arrived on the scene as the finished article with a full quota of payment processors and the best in security. Coupled with a very efficient approach to customer support I would tend to believe this is no amateur operation. Although I must stand by my assertion that PlusInv is little different from other HYIPs in the sense that it is a gamble, I am pretty sure the admin here is more than sure about what they are doing.

Before we proceed with the interview let me remind you that PlusInv is a short term HYIP with three plans running for 3, 7, and 30 days and paying 112%, 130% and 310% respectively on expiry. Personally I am less enthusiastic about the 30 day plan but the others are OK for now. For more information please see my original review published here, but first let’s here from Jenny.

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

Hi Paul, thank you for inviting us for the interview. I’m Jenny, and I live in London. I am the Financial Manager and responsible for the investor relations in PlusInv Ltd. I have experience in creation and support of a site. I had been working for quite a long time for an IT company in Marketing, when I met Belinda Edwards, who is now my partner in management of PlusInv Ltd. She shared her ideas of combining IT technologies, Forex trading strategies and market analysis, in the way the company and its clients can benefit the most.

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

The opportunities provided to every client are vast and each client can decide which plan he/she would like to take advantage of and how.

First of all, an investor requires a payment processor account with the amount he/she would like to invest in PlusInv.

Let me continue with what I would do as an investor.

I need to open an account first. Please note, we don’t have any fees for opening an account and don’t require any deposit to be made. Once I login to my account, I would surely go to the “All Transactions” page to analyze my deposits and my earnings history. Then I would deposit money to my Current Account balance by going to Start Deposit page. Before I invest, I can decide how many investment plans I would like to open. For example, I can deposit $3000 and open all the 3 investment plans with $1000 each. On the “Your Investment List page”, I can see the deposits I made into each plan. In the future I can keep opening new investments with my profits, and have them traded separately or combine them with some other plan. After a deposit expires (3 or 7 or 30 days depending on the investment plan chosen), I will be able to see the AMOUNT INVESTED + PROFITS in my PlusInv account balance. When the trading days are over, and when the profits come to my Account Balance, I can either request a withdrawal of this amount to the payment processor from which I deposited, or reinvest it back into PlusInv. Reinvesting is possible by opening a new investment plan only, which requires at least $5 on your Current Account balance.

3. 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? Are payouts automatic or do I need to request them?

We have three main plans.

Classic Plan: The minimum investment for this plan is $5 and the maximum is $25,000.
We offer 112% return after 3 days for investments made into this plan (100% principal plus 12% Profit).

Premium Plan: The minimum investment for this plan is $100 and the maximum is $25,000.
We offer 130% return after 1 week for investments made into this plan (100% principal plus 30% profit).

Extreme Plan: The minimum investment for this plan is $200 and the maximum is $25,000.
We offer 310% return after 1 month for investments made into this plan (100% principal plus 210% profit).

For withdrawing money you will need to request it. We typically process such requests within less then half a day. Our payout plans are sufficiently flexible to meet the demands of almost every investor.

To accept deposits in the program, we work with several payment processors, LibertyReserve, PerfectMoney, StrictPay, SolidTrustPay and AlertPay. Our AlertPay, SolidTrustPay, and StrictPay accounts are all verified.

4. What about the security of the PlusInv website? What steps have you taken to protect yourselves from things like malicious hackers or DDoS attacks? Are you on a dedicated server? Tell us also about the script and any other security features.

The security of PlusInv is indeed a matter of great concern to us and it’s really important for us to make PlusInv highly secure. Our site is hosted on a dedicated server and is protected by DDoSWiz. We are using a licensed GoldCoders script, with additional security features like protected folders.

We have also taken the necessary steps to provide the best security for our members’ accounts.

Our unique hacker proof script has been designed and created, specifically for PlusInv.

Another security feature applied is, with the payments processor accounts and the payout process.

Users should use a transaction code to withdraw their money from their account. And as you have noticed, PlusInv payments are processed manually (by me).

My laptop is secured from viruses and spyware too. I have installed top rated antivirus and spyware software on my laptop.

5. 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 have bought advertising on main popular resources, including the top forums, dealing with online investments. The core of our advertising strategy is global promotion.

In the near future, we’ll be adding the Chinese, Russian and Spanish versions of our website.

6. Are you planning any promotional contests to motivate members to get more active in spreading the word about PlusInv?

At present, we are giving $50 bonus to all members who make investments of $500 or more, into PlusInv. This bonus is a one time bonus. If a member makes an investment of $500 or more, again for a second time, he/she will not receive the bonus again.

We are also planning to conduct referral contests in the near future, and to give prize money to the members who bring in most investors to PlusInv.

7. 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 or months?

As of now (August 13th), PlusInv has 800+ members and is still growing at a rapid rate. We got this huge number of members just within 6 days, after our site went online. Currently we’re not announcing our incoming and outgoing amounts. But, be sure – it’s doing well and it’s really stable! It’s here to stay for many cycles and months.

8. What can you tell us about the outside business interests of PlusInv? What are you doing with members’ money and how are you financing the continued payouts? Can you offer any proof of this?

We trade Forex with the money we receive from our investors. We’ll send e-mails regarding the profits we receive by trading Forex.

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 is I have questions or problems? Do you contribute to any of the main investment forums? I know you have a “live chat” feature, but what is the best time to find somebody there?

Since the start of PlusInv, I have been offering e-mail support, and at the present, I’m working to add Live Support. Our support is available from 9.00 – 22.00 GMT every single day, except in case of public holidays.

If you have an urgent problem or just need some assistance, then the best way to reach our support is through e-mail. Within a couple of hours, your e-mail will be reviewed and answered promptly.

At the moment, we don’t offer Phone Support, but we are planning to add it as soon as possible.

10. A lot of good HYIPs have opened in the last six to eight weeks. There is a pretty big choice out there for the investor now so if you had just one thing to say to potential members to convince them to join PlusInv, what would it be?

I doubt whether many of those HYIPs are even real, but soon our members will realize this truth by themselves. We are making good profit and our business is really solid and stable. Our members will soon realize this fact, once they begin to trust and invest with us. I would like to tell potential investors that if they are looking for safe and stable investments with relatively high returns, then they should consider investing in our program.

11. Finally, what’s your opinion of the online HYIP industry in general? Can you offer any advice to newcomers to help them maximize their earnings and avoid getting scammed?

I think the online investment industry today is still under development and, from an investor’s point of view, it can be greatly confusing. In this way, I see our main objective as the stakeholders, to build a trustworthy, open and easy environment for investors. For new investors, I would recommend to use their best judgment while making their investment decisions and to go for the long-term and medium-term stability, instead of ambiguous businesses.

As usual let me give my thanks to Jenny for the time and effort it took in answering my questions. I hope you all enjoyed that as much as I did and let me say that I really do appreciate the straight talking approach adopted here.

Just how much credence you put in PlusInv‘s claims about their outside business claims remains up to you, but when it comes to their performance as an online investment game then their record has been good enough to warrant a gamble from us so far. A near flawless payments record and an excellent level of support are all indicative of just how good a game (and it is a game) PlusInv remains. None of them are here forever so if you’re looking for a fast profit, I suggest you not wait around too much longer.

And finally on an unrelated matter, I simply couldn’t pass on another short-term program that was introduced to me by one of my readers. It’s called TenTraders and it’s doing extremely well for the last 3 weeks now. I wish I came across it earlier but I hope it’s not too late yet as the program is being advertised on every big forum and monitor. Possibly it’s still growing which is the most necessary thing with such high paying plans as TenTraders are offering online investors. There is different minimum allowed to invest in every plan and they will be described in more detail in my review of TenTraders which is going to be published soon. I’ll just give a brief description for now: 107%-109% after 1 day, 115%-120% after 2 days, 123-135% after 3 days, 145-165% after 5 days, 170% after 7 days, 210% after 10 days, 450% after 20 days. For most of the plans the minimum to invest is $10 and there are four payment processors accepted: AlertPay, StrictPay, LibertyReserve and PerfectMoney. The program has an eye-catching purple layout, a customized script and a dedicated server from DdoSLock (that’s a new name to me). The most important achievement for TenTraders is that they have been running for over 3 weeks and are still going strong. I believe with such high paying plans it’s quite a good achievement and I hope it will last for much longer period. Of course, you shouldn’t be fooled by their story of stock market trades and invest sensibly as TenTraders is nothing more than a game. However, it’s a really promising game and I’m looking forward to bringing you a more detailed review very soon.

That’s about all for today folks! Sorry for not having the usual news update but even MNO is entitled to a vacation! But not to worry, I’ll make up for that tomorrow with a more comprehensive news round-up (if there is one!) from around the programs being monitored by me.

So stay tuned for that everyone. Enjoy the rest of your weekend and see you guys tomorrow!

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