Beware! TrackInvest and Black&WhiteFund have stopped paying! Do not invest there!

Hello everyone! Plenty to report for you today so I’ll be posting twice, so just as well I’m home from my vacation. The first update I have is in fact an interview, so all the news will be along at the usual time later tonight. So to start things off I’m “talking” (virtually that is) to Lawrence, the admin of a what it must be said has been a successful mid to long term HYIP called TrackInvest. The program was moving along quite nicely though well under the radar for sometime until the admin decided to move it from the MNO Basic List to the Premium List and take it to a much wider audience. In a somewhat controversial move however, and to my memory unprecedented in the industry, the TrackInvest admin stated that he had “acquired” a second online HYIP, Black&WhiteFund, and would be running the two of them in conjunction with each other. Well, what ever you think of that yourself is up to you, I’ve addressed the question to Lawrence and you can make what you will of his explanation. I’ll just remind you first that TrackInvest offers members plans of 3.5% for 15 days, 4% for 30 days, 4.5% for 45 days, and 5% for 60 days, all with your principal back on expiry. If you like what the admin has to say and would like some further information, TrackInvest was first reviewed on MNO here.

“1. Hi Lawrence, please introduce yourself to the readers of MNO and tell us please about your own involvement in TrackInvest. What kind of experience do you have in managing online HYIPs and how can readers be sure you know how to keep the program profitable for as many people as possible for as long as possible?

At first, I would like to thank you for providing us such an opportunity to introduce ourselves with the readers and visitors of MNO. I am Lawrence Newman, the mind behind the foundation of TrackInvest Inc. I am founder and administrator of the project or you can say the guy responsible for such a successful project. By profession, I am professional Forex trader and investor.

The experience of running the TrackInvest is unique, slightly difficult but interesting and challenging. Unlike other programs we have resources, funds and continuous earnings from our trading activities to keep running the program without any problem for long term.

2. Can you give us some background information on TrackInvest? How many others are involved with the program or are you operating alone? How long have you been online? What kind of an impact do you realistically expect to make on what’s a very competitive market now?

TrackInvest started online operations in early November-12 and in fact consist of like minded group of people. Running a good program is not possible alone, we have following key positions which include but not limited to Senior Administrator, Marketing Manager, Finance and Accounts Manager, Support Personnel, Web and Server Administrator. This doesn’t include our offline staffs that do the trading activities.

We are growing our presence and trying to buy other good projects. We recently purchased Black&WhiteFund, we also bid for couple of other projects. Soon, we will be the market leader.

3. Explain the investment plans in detail to us. What ROIs are on offer. What are the minimum and maximum amounts to invest? What payment options are you currently accepting? What’s the payment schedule (ie the gap between requesting a payment and receiving it)?

Our investment plans are 3.5% daily for 15 Days; 4.0% daily for 30 Days; 4.5% daily for 45 Days; 5.0% daily for 60 Days; the principal is returned at expiry without fee or before expiry by paying 30% fee once half of term is over. The minimum deposit amount is as low as 10$ and withdrawals are manually processed within 12-24 hours.

4. How secure is the website of TrackInvest? What are you doing to protect it and members’ accounts from hackers? Are you on a dedicated server? Who is your host? What kind of anti-DDoS protection do you have?

TrackInvest is secure now although we faced slight problem lately when our Hosting provider tried to modify the script and or user details. We quickly mitigated the issue and shited our servers from Black Lotus to BlockDOS. We believe that no one can run HYIP successfully without top notch security. We have the industry leading hosting and DDOS protection services and our website having 99.99% uptime. We have a dedicated DDOS protected servers, Comodo SSL encryption, regular back-ups, etc. This has great importance to us and that’s why we chose BlackDOS as our hosting and DDOS protection provider.

5. What kind of script is TrackInvest running off? Where did you get it, how safe is it, and why do you think this one is most beneficial for you as an admin and your members?

TrackInvest website is using licensed GC script. We selected Gold Coders script because it pioneers in the HYIP industry; it is safe, widely used and has almost all features we need. It is user-friendly and can be easily customized. We haven’t faced any serious issues until now.

6. Can we see any statistics regarding TrackInvest? How many members have joined since the beginning and how many are active at the moment? Are you pleased with the support from the members so far? How important a role do they play in bringing in new members?

TrackInvest don’t share the financial statistics for company or for members as we have our privacy policy. However, we have more than 15,000 members; almost 67% of them are active. Active member one who either made deposit, earned referral commission or got bonus from us at least once. Members support is great which is reflected in our face book page, forums and votes etc. Our existing members are promoting us, and we are also doing moderate marketing to bring in the new members.

7. How can members contact you if they have any questions or support related issues?

The fastest way of contacting us is by using our online Support form or members can directly send the email at TrackInvest.com@gmail.com. Also members can share their opinion using our Face Book page or can call our representatives phone numbers. We reply as fast as possible, however within 12-24 hours.

8. What have been the most common questions and problems you’ve had to deal with so far? Is there anything you wish to say here so that members can avoid having to contact you later?

Yes, we would like to request our members and visitors to do the following as it will reduce plenty of loads on our support team;

· Please always go through the content of website as most of the information is already provided.

· Please always read and respect the Terms and Conditions, may be you are violating them.

· Please always contact the admin before posting concern on forums, our face book page or monitors.

· Please never panic in case our website is down or in-accessible due to technical reason. Always see our face book for latest news and updates.

· Please always remember your security question, answer and transaction code.

· Please always wait for the minimum 24 hours when you send withdraw request.

9. How have you been promoting TrackInvest so far? What advertising strategy have you been using? How are you getting new members to join?

We are doing very moderate marketing which include banners in Forums, Reputable Monitors, Blogs as well as we have Google ads. Our members are also promoting us and doing the marketing job to earn the referral commission without having deposit.

We are getting most of the new members due to affiliate program and because of this 150+ members are joining every day.

10. What exactly are you doing with investors money? How are you investing it and how are you generating the profits being made to members?

As I mentioned in introduction question, we are professional Forex traders and investors. Most of our income is from the trading activities. We are corporate clients of international brokers like Insta Forex, FXCM etc.

11. As this interview is intended to discuss TrackInvest I’m not really interested in moving on to other online HYIPs, but can you briefly describe your present involvement with Black&WhiteFunds? Why has this situation come about and what do you say to the investors (myself included) who believe it was always you running both programs and not just a recent thing?

Yes, this was an interesting event. Actually Tony Martin was one of my colleagues in the past. When we started the TrackInvest, he was interested to run his own program. He started the Black & White Fund Ltd and later on decided to close it. We proposed him that instead of closing the project; we can own it and run it for long term. Then the deal was made and we purchased the company. Once we purchased, we changed the design and plans etc. while keep paying the old members. So, we were not running the both projects.

12. Don’t you find it very dangerous to run two programs under the same identity? I mean when one eventually collapses, and let’s be honest we all know that’s going to happen someday no matter how good your intentions, investors will force the collapse of your second program no matter how successful it had been by leaving/blaming you/refusing to deposit. Any comments?

We don’t see any difficulty in managing the two projects at the same time with the same identity. We are very well aware of our capabilities, resources and funds we have. We have mission and vision in mind which is to become the industry leader and eventually to have 50% share of the market by end of 2013. We see no problem, or collapse of any project in the near future.

13. So now that the plans in TrackInvest and Black&WhiteFund are almost identical, wouldn’t it make more sense just to merge the two programs into one?

Some plans are same in both projects but old plans of Black&WhiteFund are also maintained. In addition, there are differences in minimum deposit amounts and some changes in terms. For example, there is no early release of principal in Black&WhiteFund; there is no restriction on more than one account from same IP in Black&WhiteFund and so forth.

14. And finally is there anything else you wish to say not covered in this interview? Also please feel free to comment on the review of your program published on MNO. If there was anything you felt was unfair, mistaken, or in any way in need of clarification then you are welcome to explain this in your own words here.

It is a quite a detailed interview and I believe most of the questions have been asked already. On the other hand, I would like to take this opportunity to invite everyone, together without or members and partners to come and join us as we share the good opportunities that TrackInvest has to offer.

If you like our services, we would be very happy if you can help us by rating in the different monitors, forums and blogs out there and simply hit the Like Button for our FaceBook page. The testimonies created by our satisfied and happy partners are more than enough encouragements to help us and everyone know the wonders TrackInvest has done for us all.”

Conquering the universe, one HYIP at a time, thanks a lot to Lawrence for taking the time to answer my questions which I you you’ll find helpful in deciding whether you think TrackInvest is a suitable project for you to add to your portfolios or not. Best of luck to him and to anyone involved or thinking of joining. That’s it for the moment, guys. I’ll be back later this evening with all the day’s main news stories plus a closer look at a recent addition to my monitor called SwiftMoney which is a mostly short term HYIP. Thanks for reading and see you all later for that!