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

Hello all! Despite it being Sunday and traditionally the slowest day of the week for the HYIP industry I still have two updates for you. I’ll be back a little later tonight at around the usual time I post with all the day’s news events (assuming there’s anything worth talking about at all!) plus a more detailed look at another of the new programs on the MNO monitoring page. But first up today is another interview, this time one I received from the admin of HytexAG. Regular readers will no doubt recognize the name straight away, as it’s been a consistent performer since first launching last February. Since then HytexAG have been offering online investors plans such as 8% for 14 days (principal included), and 1.5% for 25 days, 1.8% for 35 days, and 2.2% for 50 days, all with your principal back. The admin’s name is Ferdinand and if you like what he has to say and would like some further information on the program, then you can start with the original review of HytexAG which was first published here:

“1. Hi Ferdinand, please introduce yourself to the readers of MNO and tell us please about your own involvement in HytexAG. 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?

Hello! My name is Ferdinand Konrad and I’m one of founders of the company. I personally control all priority areas of activity and administer the project. Not only I, but every team member of the project have really broad experience in HYIP administration. Our knowledge helps us to ensure the high profitability and stability of the program. Our project offers a variety of tariffs which let our investors choose the most suitable investment term and conditions.

2. Can you give us some background information on HytexAG? 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?

It is hard enough for a single person to create a really high-quality and promising project, so our company is a team of professionals, each person in which exercises its own functions. To date, we create all conditions for a stable and constant gain for our business partners. Transparency and confidence of our relationship is the key to success for all project participants.

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)?

The project has four major plans to allow each of our participants to choose the one that suits them best. The minimum investment is $ 10, the maximum possible deposit equals to 9,999 dollars. The periods of the proposed plans are quite small, which allows even over a small period of time to make a good profit, and many of our investors could already have realized this. Today, the project receives all the most popular payment systems like Liberty Reserve, Perfect money, EgoPay, SolidTrust Pay. As for payouts, we withdraw money immediately after receiving your request, the funds are paid out instantly, but I want to notice that for security reasons we have restrictions on withdrawal amounts. All payouts exceeding $ 100 are processed manually. The maximum payout term can reach 48 hours, but it usually is due to technical problems.

4. How secure is the website of HytexAG? 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?

We are constantly working to improve the level of security of our site, and use only most cutting-edge technologies. The company adheres to rather strict security and confidentiality policy. However, we constantly keep informing our partners that security of their accounts and personal data is also largely dependent on themselves: it is important not to disclose account information third parties, to set a strong password and change it every three months. The project has a dedicated server and our DDOS protection is based on a very promising cloud technology.

5. What kind of script is HytexAG 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?

The script was custom developed and individually tailored to the features of the project and user behavior. Particular attention has been paid to the safety of the system, so we can be sure of its safety for end users.

6. Can we see any statistics regarding HytexAG? 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?

Such information is not available and because the rules of the project assume full anonymity of all participants. To get this data, you may just have a look at Alexa chart, which is constantly raising. It proves that every day, hundreds of partners from around the world join our project, creating fake statistics is not our policy.

We provide 24/7 customer support, our project participants may contact it at any time with any questions of service operations in Russian and English languages.

7. How can members contact you if they have any questions or support related issues? Tell us about your Live Chat and phone support. Are these 24 hour services? If not, then what is the best time (GMT) to find an operator there?

Today, our support is provided in diverse formats: via online chat, over the phone, e-mail, as well as via the feedback form on Contact page. Questions can be asked 24/7. Depending on the workload of our support staff, you will be answered within a period that does not exceed 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?

As we provide support to our investors, we are constantly receiving a large number of issues related to the procedure of investment, opening and closing of deposits, interest accrual. We are repeatedly asked about the guarantees we provide and security of investments. I can safely say that the best guarantee is reputation and transparency of relationships. And in our case, in our project, it really is at the highest level. We are striving to build long-term business relationship, because our plans are very ambitious, and we did not come here for a limited time.

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

Mainly, the promotion of our project is made via the participation of our current investors in our referral program. In the near future we plan to launch an advertising campaign on all specialized resources and portals.

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?

Our company HytexAG Ltd is engaged in investing in gold. All the obtained profit is committed for further development, and our project participants regularly receive and will keep receiving the set interest on their deposits.

11. 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.

I invite you to learn the information published on the site, you can find there all the answers to your questions. Today, on behalf of the administration of the project I guarantee the reliability of all its services, timely payment of accrued interest and principal amounts of deposits. If you want to earn, then let’s earn together!”

That’s all for the moment, folks. Thanks a lot to Ferdinand for taking the time and effort to complete the questions, and I hope it was useful to anyone still trying to decide one way or another if the program is suitable for them or not. Best of luck to the admin with making the program a huge success, and best of luck to you too if you’re a member in seeing a good profit back from your investment. I’ll leave it at that for now, but as I said at the top of the page I’ll be back later this evening with a full news round up. So stay tuned for that and see you all then!

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