27/09/08. Interview with the admin of LargeSum

THIS PROGRAM STOPPED PAYING! PLEASE DON’T INVEST!

I have been waiting for this day for quite a long time now and finally it’s happened. The admin of LargeSum William Flanders finally agreed to answer my questions. I can honestly define LargeSum as a unique program that has been paying for more than two years online. It survived the e-gold crisis and the e-Bullion collapse and is still alive and kicking. LargeSum attracted hundreds of investors that deposited thousands of dollars and I would not be surprised if it appeared that LargeSum paid hundreds of thousands of dollars to their investors during these last two years. The only drawback I can see in the LargeSum program is that it’s mostly orientated to larger investors because the minimum to invest is $150. But it’s really worth it! You can read all the details of LargeSum in my review published here. But today let the admin speak! So today I proudly present to you William Flanders, the admin of LargeSum – an extremely successful project and probably the best long-lasting HYIP now.

“1. Please introduce yourself to my readers. What position do you occupy in LargeSum? How many people are involved in running the LargeSum program?

My name is William Flanders. I am the Support Manager of the project LargeSum. We also have analytical department, support department. As for programmming, we don’t have our own programmers. Instead we use the services of the professional companies who develop the software and provide the security for our site. All in all the staff of the project numbers about 50 employees.

2. Can you tell us about the history of LargeSum? When did it come online? What was the general idea behind the program?

We have been working for more than 2 years. The project LargeSum was launched online at the beginning of the year 2006. On March 5, it was officially presented online.

Though our team has huge experience and used to work on the market since 2004. The general idea was and still remains possibility for everyone to Become a Millionaire. All that’s needed for that is to start moving ahead!

3. What plans do you offer potential investors? Which plan best suits which type of investor in your opinion? Why is the minimum amount to invest so high?

We offer 3 investment programs:
FIRST STEP (interest rate is 1.6% daily, running for 30 business days, withdrawal allowed every trading day, minimum to invest $150),
PROFIT RUN (interest rate is 1.8% daily, running for 60 business days, withdrawal once a week, minimum to invest $750),
and WEALTH JUMP (interest rate is 2% daily, running for 120 business days, withdrawal once a month, minimum to invest $5000).

FIRST STEP: if you don’t want to take risk, and start with the minimum investment of $150. The program matures within 30 business days and you can close your account.

PROFIT RUN: serious investors who tried the first one and willing to make more with a longer investment term and more profitable program.

WEALTH JUMP : investment gurus who know what they want. They chose Largesum and fully aware of our earning potential.

4. Can I withdraw my principal before the investment term matures?

According to our rules, the principal is also returned to you anytime you want.

You can also take your principal anytime, though you should be aware if you do that before the program matures, we take 20% commission to cover the losses. The 20% penalty fee is really taken from the principal. However this rule is only applied when the investor wishes to take the principal and suspend the program before its mature. The interests are also not paid.

When the program matures, you are paid both the interests and the principal without any penalties. All the money is returned to our investors.

5. I noticed that the plans became more attractive to investors since your program started and grew from 0.5% – 0.7% daily to 1.6% – 2.0% daily. Why did this happen?

We pay a stable and decent profit, which is at the same time absolutely real. All the interest rates given on our site have been tested thoroughly before entering the public. As the result the conclusion was the following: the interest we offer now are is the optimal choice for getting stable profit both for our investors and ourselves.

6. What e-currencies do you accept and do you have plans to accept more e-currencies in the near future?

Due to the latest events with e-gold and e-bullion we are currently working only with LibertyReserve. However we receive many questions and requests from our customers, asking to add alternative ways of investing. All the requests are being considered.

7. What script do you use to run LargeSum? Does it provide the necessary security against hackers? Do you have SSL?

We don’t use a single script. The security level of the site is very high. The site you see online is the external shell just for your convenience. It is made in a simple way to make it easier for the clients of ours to navigate it.

All the financial information regarding our investors is highly protected and secured. We use reliable antiDDOS software, firewalls to protect from hacking attempts. Our technical specialists constantly update and increase the security level of the financial side of the project to avoid loosing any information. We take all responsibilities to our clients, since we take the loan funds to manage them and we DO care about them. We have also applied the SSL security protocol which makes all the transactions more secured.

8. What hosting provider do you use and how can you fight DDoS-attacks that are currently widespread among popular HYIPs?

To ensure the highly secured work and avoid any data loss, we use the services of professional companies who develop the software and provide the security for our site.

9. Why did you register three domains for LargeSum? Is it some additional security level against possible DDoS attacks on your site?

Three domains have been registered for the users’ convenience and as the requirement of the company that ensures our security. We wouldn’t like to dwell upon the details, however it is required due to reasons given above.

10. What promotional strategy do you use to make LargeSum known to potential investors? I noticed there are no flashy banners or monitoring seals on your site which is not typical of any HYIP. Do you only rely on the power of word of mouth?

Most of the time we have been working with our offline customers testing the interests we offered to the public later on. When we made all the preparations and the management decided to open our project to public we started our advertising campaign. Not before that time. By the way even now we are not advertising so much online. Most of all our clients give advertising for us. Good response and investment experience is the best advisor. What is really important that our investors who cooperate with us are satisfied with the services we provide. We are working without any troubles and our investors are happy about that.

11. LargeSum has been online for quite a long time. What determined its success in your opinion and what differentiates it from similar HYIPs?

First of all, we are not positioning ourselves as an HYIP in the negative meaning of this term. The interest rates we offer are real. They have been tested thoroughly before entering the public domain. As a result the conclusion drawn was the following: the interests we offer now are is the optimal choice for getting stable profit both for our investors and ourselves. And the main thing to my mind is high quality support and time online. THIS proves our stability and serious work. Thousands of investors, cooperating with us since the start of our work can prove that.

12. Do you have any additional sources of income to sustain the payouts or do you just rely on new deposits in order to survive? If possible can you disclose your sources of income if you have any?

You think of us as of a Ponzi program, living for the sake of new deposits from new investors. As i have previously mentioned, we work since 2006 and within this time we have lived through lots of troubles and we survived. We wouldn’t be able to live out physically, if we had the the new deposits as the only source of our income. We are working in various spheres of the financial market with the purpose of diversifying our deposits to the utmost. Of course we get profit on that and it is the main source of income paying to our investors.

13. How many members do you have and how many of them have active deposits in LargeSum? Are you satisfied with the members’ support so far?

Any information regarding the investors’ number as well as the deposits’ amounts cannot be disclosed to public. Speaking about whether our investors are satisfied with our services, I am sure they are, cause starting since the start of the project in March 2006 too much time has passed and lots of big programs shut down. As you can see we are here and not going anywhere. I do believe it proves much!

14. What are your plans for the near future? Do you plan to continue developing your program by increasing your level of security or offering some new features or deposits to the members of LargeSum?

Of course we are always working on improvement of the security level of the project. As I have previously mentioned, we use the services of professional companies who develop the software and provide the security for our site. We take all responsibilities to our clients, since we take the loan funds to manage them and we DO care about them. We have also applied the SSL security protocol which makes all the transactions more secured.

15. Can you tell me what you think about my blog? In your honest opinion does it help to online investors make reasonable decisions before making an investment?

You blog is really nice. It gives fresh and useful information to your readers. I do believe it will grow to the most popular investment blog in the future. The only requirement for that is a professional approach to leading the business. I do believe you have one and you will succeed.”

As you can see from the admin’s answers and the nature of this program LargeSum cannot be considered as just another HYIP. I DO believe myself it’s a real company which really operates on financial markets and invests the funds of the members. Otherwise they would not survive all these events. So if we take all the HYIP industry as a whole and we know that 99% of them are just ponzi-games disguised as investment opportunities I believe LargeSum is from that rare 1% category of real investment opportunities. Of course, it can’t be a guarantee that LargeSum will stay online forever (there’s always some risk involved in all real investments) but two years of stable work shows all the determination of the program’s administration and their desire to succeed and make all the investors a little bit richer and happier. I believe they managed to do it judging by hundreds of satisfied investors which you can meet everywhere on the Internet. LargeSum is not known to a wider audience because it doesn’t invest a lot of money in expensive advertising on forums and monitors. Instead they are doing what a real investment company should do – manage investors’ funds. And I believe they can continue to do it successfully for many years to come. I myself for example have re-joined LargeSum for the third time now and can say that I’m extremely satisfied with their services, fast support and stable and secured interface. I believe you will be glad if you decide to join LargeSum. Anyway, I wasn’t disappointed for a second that I joined LargeSum – this great investment program (a real program and not HYIP). Thank you for your attention and I’ll see you on my blog tomorrow when you can read my review of TradersInvestments and more updates from investment programs!