19/05/2010. Interview with the admin of DubaiFinances

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

Hi everyone! Well another long day for me but I’m finally back in Israel again and back to the sunshine. Someplace else associated with sunshine of course is Dubai, and today I have a recent interview with the admin of DubaiFinances, a recently launched medium term HYI program first reviewed ten days. Interest in it’s been reasonable enough, considering the length of the term (60 days) and that longer term programs are usually slower burners anyway. The rates available from DubaiFinances include 2.5%-4% for 60 days. But for more information on the program I suggest you refer back to my original review published here.

“1. Hi Harson, please introduce yourself to the readers of MNO and tell us about your own role within DubaiFinances. What are your own duties within the program? What kind of experience do you have in the online investments business? Of managing other peoples money?

Paul, hello and greetings to you and all readers of MNO, my name is Harson and I’m the chief administrator. My role here is to verify that everything works well, the management of investors’ money, contact with our traders and managing my work group.

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 DubaiFinances?

We have been online for 10 days. My main goal is to make this company the best investment option and be here for many years. Things in these 10 days have been better than expected since we have been very well accepted by the people and I hope everything continues to improve every day to come.

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 have four investment plans which are all for 60 calendar days and the principal is included in the daily return and work in the following way: in the novice plan the minimum investment is $10 and the maximum is $100 and you get 2.5% daily, the advance plan the minimum investment is $101 and the maximum is $1,000 and this will get 3% daily, the expert plan the minimum investment is $1,001 and the maximum is $10,000 in this you will receive 3.5% daily, and finally the elite plan the minimum investment is $10,000 and the maximum is $100,000 and this will get 4% daily.

4. Tell us about the payment options available from DubaiFinances. What payment processors are you currently dealing with? What are the most popular choices so far?

Sure, we offer various methods of investment, like LibertyReserve, AlertPay (fully verified) StrictPay (fully verified), PerfectMoney and GlobalDigitalPay, and the most popular choice is LibertyReserve, but all have been very popular.

5. 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?

Our hosting provider is the well recognized KODDOS, which we have hosted on a dedicated server protected from DDoS attacks, their service is excellent and to this day have not had any problems.

6. What about your script? Who is the provider and what do you think the benefits of this script are to both the admin and the investors? Are you using SSL encryption?

Our script is from GoldCoders and I think it’s a great script. Very safe and very easy to use for both users and the administrator.
Of course we use SSL connection as it is very important in these sites and will give our investors a lot of security.

7. In my review I mentioned that the Live Chat feature wasn’t working at that time. Have you made any progress on that?

Yes the live chat will be available this week.

8. 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?

Fortunately up to this day have not had any problems at all, not with our investors or with the script or with the payment processors, everything works perfect.

9. What other outside business and investment activities are DubaiFinances involved with? Are you doing anything more constructive with your member’s money or are you relying on further investments to pay off old ones?

We are mainly engaged in the business of petroleum and fuels. We are associated with an oil company in which we invest both our own money as the investors’ money.

10. I also said in my review that while claiming to be involved in the oil business you also have a widget displaying foreign currency exchange rates? What’s the connection? And why isn’t this explained properly if your site is prepared to accept up to $100,000 from investors?

About the currency chart, that was something that our designer added and which we decided to leave because we work with different international currencies.

11. If internationally traded currencies rarely fluctuate by much more than 0.03% in a week and the price of oil hasn’t gone beyond $10 either way in the price of a barrel this year, how can you come up with 4% interest per day?

That part of the negotiation itself is handled by our team of traders and they are the experts in the field, my role within the organization to verify that everything worked well and obviously that the traders are accountable for their work.

12. By the way, why “DubaiFinances”? The oil industry has been in decline in that part of the gulf for years now, and isn’t so important anymore.

Because in Dubai is our main office and is where our finances are managed, but that does not mean that the we invest the money in Dubai.

13. Are there any plans to develop DubaiFinances further in the near future? Will there be any interesting changes made soon? How are you planning to keep the program competitive with so many new HYIPs opening every day?

Everything remains the same, do not think about making any change because there is no need. Everything works perfectly and our plan is to grow every day and make this one of the safest and popular companies in the network.

14. 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?

I want to thank all who have supported us as much as this blog MNO, the monitors, forums and Support, would be nothing without you, here we will continue working hard for you and make sure your money is safe and so that we can provide the best service.”

Thanks a lot to Harson for that and best of luck to all the investors there. That’s about it for the moment guys, but not for the day. I’ll be back again a bit later tonight with a full news update from all the programs covered on my monitoring page, so stay tuned for that and see you all then!