Originally Posted by makila

Okay here is an update.

httpwww.moneymakergroup.com/The4xtraders-Pvt-Group-t124079.html&st=30&start=30

It appears the program went bust may this year. Its unknown whether refunds are being processed. According to Frank they are on their way, but the only investor I found so far wasnt refunded yet.

Paypal froze Frank's account permanently in may. According to the PP rules, a check will be send to Frank after a hold period of 180 days. Begin december Frank should have recieved all PP funds but I cannot verify this if this really happened.

67% of the money claimed to be lost during trading. But its uncertain how much % of the total capital was in the trading account when they made this loss.

I am in contact with Frank, and if I have more news about the refunds, from Frank or from an investor, I will let you all know.

Frank is planning to revive his site, and his intentions may be good, but as long as I cant confirm refunds, I would advise people to wait a little first. Frank's new program will not be launched before mid january anyways, so there is still some time.

To be continued.