Kenneth Carnesi, a Board member and consultant of the Lazarus Organization, today answered some questions concerning the Organizationâ€™s representation of Monkeetech, LLC.
Mar. 7, 2013
Kenneth Carnesi of Garden City, NY was interviewed today concerning his recommendation of Monkeetech, LLC Â to The Lazarus Organization for representation in the acquisition and management of potential investors for Monkeetechâ€™s patent pending credit card fraud prevention system. The Lazarus Organization formally announced its representation this week.
Q. Why the Lazarus Organization?
Q. What is innovative about the Monkeetech system? Â â€The Monkeetech system, unlike all other patented systems, (i) employs a non-confrontational method; (ii) focuses primarily on the deterrent factor; and (iii) effectively memorializes, stores and re-uses evidence of the fraudulent transactionâ€. â€œCredit card fraud is on the rise and is costing nearly $6 billion in losses every year. I believe that widespread implementation of the Monkeetech system will severely curtail those loses and in time, may very well effectively eliminate them altogetherâ€.
Q. What is the level of interest thus far? Â â€ It is very early and yet, we have seen a high level of interest within the electronic security industry and we have already spoken preliminarily, to a number of investment banking suitorsâ€. â€œWe remain most optimistic, but the process continuesâ€.
Kenneth Carnesi is an Honorary Board Member of The Lazarus Organization, a private international business consultant firm with offices worldwide and is the Director of International Sales for Quality Door & Hardware, Inc. in New York.