August 2012 Archives

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

Hello everyone! For tonight’s update I don’t really have that much news for you, though I do have three new programs on the MNO Premium List to introduce. Well, strictly speaking only one of them is new, the others just upgraded from their existing Basic Listing. I’ll get to them in a moment, but first I want to focus on a new long term program you might remember was reviewed on MNO recently called DonaldsGroup.

This is a program offering two individual plans paying either 1.6%-2.3% for 90 business days, or 1.8%-2.5% for 180 business days depending on which one you prefer and how much you invest. Both of them should give you your principal back on expiry though. So I hope you find it useful if thinking about whether DonaldsGroup is a suitable addition to your portfolio or not, and if you like what Frank has to say then and would like some further information then you can start by checking out my review of the program first published here.

1. Hi Frank, 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 Paul and all of your readers! My name is Frank Levinworth and I manage the online portfolio of DonaldsGroup.

DonaldsGroup was founded in 2000 and ever since we’ve wanted to go online to expand our reach to new potential investors. I was hired early 2012 to manage the online side of things, and to help grow our existing pool of assets.

2. Can you share some facts about the DonaldsGroup business with us? How long have you been in operation? Are you the sole employee or do you have an assistant or a partner?

DonaldsGroup has been operating since 2000 in Toronto, Canada.

As I said before, I was chosen to manage the online part of DonaldsGroup. Donald (the CEO) selected me as his partner and I very eagerly accepted!

Currently, I am solely handling DonaldsGroup online. Any issue that arises, either I or my developer fixes. If necessary, support may be hired in the future, but I am answering all tickets for now.

3. Assuming someone is coming into the online HYIP industry for the first time, can you talk us through the process of joining DonaldsGroup? What do I need to do and what can I expect to happen next and over the following number of months?

Sure thing Paul!

Signing up to DonaldsGroup is quite simple and easy.

Firstly, new investors should sign-up to one of the 4 payment processors we currently offer, SolidTrustPay, EgoPay, Liberty Reserve, and Perfect Money.

Once you’ve signed for one (or more!) payment processor(s), go to https://donaldsgroup.com and click on “signup” in the top menu. Fill in the required details, including your payment processor accounts, and proceed to your member’s area.

To deposit: Simply click on the deposit tab on the right and choose which payment processor to deposit with. It should automatically be added to your account.

Investing: Once deposit is credited to your account, click on Invest right under “Deposit”. Choose your desired plan.

Compounding: If you decide to compound, please remember, your choice is PERMANENT. It can not be changed once you’ve invested, as stated in our FAQs.

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

We have quite a few plans, but they fall under two categories, the 90 days plan and 180 days plan. The minimum and maximum amounts to invest are $10-$100,000.

One thing I would like to mention is that the 180 day plans offers higher interest so if you are looking to get in profit faster, this would be your preferred choice. If you prefer getting your principal back sooner, choose the 90 days plan.

For the 90 days plan, we offer 1.6%-2.3%.

For the 180 days plan, we offer 1.8%-2.5%.

If you would like to see more detailed parts of each plan, just scroll to the bottom of our homepage.

5. In your own opinion without an early withdrawal option are investors less likely to commit their money to longer term programs like yours? Also do you think that with such high minimum requirements to join some plans that they may push away more investors than attract?

Honestly, not having an early withdrawal option will keep us very running smoothly for some time.

Investors can start with as little as $10 and invest a total of $100,000. This puts us in a good position to entice bigger investors to invest in our higher paying plans.

6. What payment processors are DonaldsGroup currently dealing with? I remember you had been in the process of adding EgoPay to the list recently. What progress have you made with that and do you think they’ll become a popular choice both with your own members and within the industry in general?

Yes, as promised we have added EgoPay to our list of payment processors. I am very pleased to say we now offer the 4 major processors, Liberty Reserve, SolidTrustPay, EgoPay, and Perfect Money.

To be honest, I didn’t think EgoPay would be such a popular choice but it really has started to pick up steam and I’m seeing more people invest with EgoPay. I think EgoPay can become a very good alternative to Payza. However, my major concern is the fees, if they were lower plenty more people would be using them now.

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

Sorry Paul, I believe it would be of best interest to keep this confidential. I will say however that DonaldsGroup has had fantastic growth in the last week.

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

You can submit a support ticket through our site, or you can email me at: admin@donaldsgroup.com . All questions are usually answered within 24 hours. If I am particularly busy, it can take up to 48 hours.

9. 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?

Some of the issues that we had were the payment processors API and SCI. Of course those issues are now fixed and depositing and withdrawals are processed quickly.

Another thing I would like to mention is interest crediting. Because of the particular script we run on, earnings are credited after 24 hours. So Monday’s earnings are paid on Tuesday, and Friday’s earnings are paid on Saturday.

10. Can you tell us in detail about the security of DonaldsGroup? Who is your hosting provider and how highly do you rate them as a service provider? What script are you running off? Is your website protected with SSL encryption?

We take security very seriously at DonaldsGroup. We have an Essential SSL certificate issued by Comodo. So all information sent between us and our investors, is encrypted.

As for our script, we are running on the Gotenks Script.

We are on a dedicated server by Dragonara, and I must say that I am quite satisfied with their service. We’ve had no downtime thus far, which is always a good sign, and not to mention DonaldsGroup site is running very smoothly at the moment.

11. I know in my review of DonaldsGroup that I had some criticism of your website’s design, particularly that it felt unfinished and that it was surprisingly missing an FAQ section. Would you agree that was true (at the time) and what progress have you made with this?

Yes I agree it was true, but since then we took your advice and added a FAQ page.

We are also working on a new design for DonaldsGroup to be implemented in the near future.

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

Sorry, all our trades are private. We are trading binaries, forex, giving loans to businesses, commodities such as Gold, and arbitrage. We wouldn’t be here if we couldn’t find a way to make our investors’ money grow.

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

Right now we are just establishing a base to show investors that we aren’t going anywhere. We are buying monitor listings now and some banners.

In this market, growing naturally is the best way to do it. Once we start getting more and more popular, we will start buying more banners and maybe even sticky listings in forums.

14. Are there any plans to develop DonaldsGroup further in the near future? Will there be any interesting changes made soon? How are you planning to keep the program competitive?

We are planning on adding new features in the future to DonaldsGroup.

Yes we are working on changing the website layout and will announce once that has been done.

To stay competitive, we will buy banners on more monitors and maybe sticky listings in the future. Most importantly, we will always be paying, even when other programs are going down the drain.

15. Finally is there anything you felt wasn’t covered in this interview that you feel readers should be aware of? Specifically you are also welcome to comment on the DonaldsGroup review that featured on MNO. Was there anything you felt unfair, mistaken, or in some way in need of clarification?

All questions were very well thought out Paul and I think you covered everything investors need to know.

Thanks Paul for reviewing DonaldsGroup and giving us the opportunity to be on MNO! I appreciate your constructive criticism and what you are doing here on MNO.

Thanks a lot to Frank for that, and I hope you all found it useful if there was anything about DonaldsGroup you wanted more information on. Good luck to him with his efforts in promoting the program and of course best of luck also to all the present and future members in making a profit from them.


INTRODUCTION OF MUTUALASSETS

Today MutualAssets upgraded its listing on MNO from Basic where it was featured for about a week to Premium which means it gets a proper review which will be done soon. For now I’ll just introduce it briefly and say they offer two investment plans paying 6% or 8% daily for the duration of 25 business days (five weeks) and the principal is included in the payouts which are made daily and not returned on expiry. The minimum to invest starts from $10 and at the time of writing only LibertyReserve and PerfectMoney are accepted as payment processors though the admin did promise to add SolidTrustPay soon. The MutualAssets website is properly SSL-secured, hosted on a dedicated server provided by Sfwebhostin, and the admin claims that they have DDoS protection. Unfortunately, as the site is running off a Probizscript which I’m pretty sure of their domain is not licensed as you can check for yourself. The admin told me this is because the script is customized, however personally I didn’t notice any signs of this in the member’s area and believe it to be pirated. Once requesting your withdrawal you should allow up to 48 business hours in order for it to get processed, so please be patient. More on MutualAssets will be in in my review tomorrow.


INTRODUCTION OF WEALTHFREEDOMFUND

The second program to upgrade its listing from Basic to Premium is WealthFreedomFund. The program has been on MNO for a few days now but is online and paying for more than two weeks. So the first members should be in profit from the only investment plan in WealthFreedomFund – 9%-12% for 20 days. Investments are accepted via LibertyReserve, PerfectMoney and SolidTrustPay and the minimum spend is $10. Your original principal is already counted in the daily returns and will not be returned on expiry. Still I believe that the opportunity to double your money within less than three weeks will bring WealthFreedomFund some investors who are willing to take the gamble. Since the program is running off a licensed GoldCoders script you should request payouts from your members area which the admin promises to be done in no longer than 24 hours. I can confirm that usually the payouts are processed much faster as mentioned in the program’s FAQ. All in all, WealthFreedomFund is well organized, hosted on a dedicated server protected by Koddos, and SSL-secured. There is also Live chat along with a support ticket system available if you have any questions. More details will be it the review on MNO soon.


INTRODUCTION OF MEGAPROFITADS

And finally, the third program to join MNO’s Premium listing today is MegaProfitAds. Unlike the other two it’s a brand new site that launched only today. It offers a simple investment plan paying 10% for 16 calendar days leaving you with 60% pure profit on expiry. Since MegaProfitAds is running on a PHPflux script you can invest only in shares, each of which will cost you $20. I was glad to see they accept all the popular payment processors including SolidTrustPay, LibertyReserve, PerfectMoney and even the almost forgotten Payza. MegaProfitAds positions itself as an advertising site where you buy upgrades in exchange for advertising your site and where possible earnings are just a bonus, so I hope there will be no problem with Payza on this front. While the program is running on a server protected by Koddos it is shared with two other forum websites and there is no SSL in place yet. I sincerely hope that the admin will consider these drawbacks as they could seriously compromise the security of both the website and its investors. I will give you a more detailed description of MegaProfitAds in the coming days, so stay tuned for that if you want more information about the program.

That’s all for today everyone. Thanks a lot for reading and I look forward to bringing you more information on the above listed programs over the coming days as well as all the usual news updates from all the others listed on the MNO monitor. See you all then!

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