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Club MonyStar is a Panama-based program which is gaining wide popularity these days. You can see their website (in Spanish) here.
What seems serious about MonyStar:
* the program is owned by a real company (SOLARSET GLOBAL INC.), which is registered in Panama
* the company is not included in Panama Government blacklist of companies doing trading without a license (you can check here).
* it is necessary to provide a valid identity document and address validation (through an invoice or a bill) in order to register to the program
* every 31st December the company promises to issue and send to its users a document summing all user’s gains through the year, to be used for tax filing purposes
* the program is active since 2005 and always paying up to now. As for today, it is impossible to find even a single user complaint filed on the web.
The program features 6 plans (a 7th will come soon) all sharing the same basic concept: the player’s principal is locked for a variable period of time (6 to 24 months depending on the program), and after that time it begins to deliver monthly interest on compounded base (13-22%). Principal cannot be withdrawed, altough monthly rates are high enough to reach break-even in a few months.
* Pros:
o Original monthly income concept
o Very high promised interest rates
o Young program still in its expansion phase
* Cons:
o Principal is locked forever
o Monthly income will start after a months-long wait
Referral commissions scheme is a 4 levels (4%-3%-2%-1%). In other words: a 10% distributed over 4 levels.
The program MonyStar and its website currently speaks only Spanish, but other localizations have been announced to be added soon.
Club Monystar is owned by SOLARSET GLOBAL INC., a Panamese company registered in Panama’s Business Public Registry (Sección Mercantil del Registro Público de Panamá) under RUC # 1152059-1-571936 (meaning file 571936, document 1152059).
Thomas Meier, a trader with a long experience in the Forex market, is currently President at MonyStar’s and responsible of SOLARSET GLOBAL, set in Badajoz (España) and holding atmforex.org to have the rights to distribute international ATM cards.
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monystar - monystar.com
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