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Queen · 11-10-2009, 05:55 PM

Why should Steed care if two dollars are spent for every one dollar added to the total amount recovered? He gets paid his percentage off that big number, the total amount recovered, before any costs are deducted.

On July 31,2008 Steed found $20,000 in checks written to TFP for seminars and deposited them to get a percentage of that money himself.

On July 31, 2008, months after the offices were closed, months after the company was in bankruptcy and a month after Rivas was arrested, Steed found $20,000 in checks left behind that were written to TFP for seminars that had long ago been canceled and deposited them** to raise the total amount recovered and to get a percentage of that money himself. Or do you really think that he, the one who had already told the press that this was all a big Rivas scam, thought these people would actually get the seminar they paid for?

** See these checks on page three of the Cash Receipts and Disbursements Record on the Applications of Trustee for Compensation and Reimbursement of Expenses and I did not include this $20,000 in the $3,073,391.49 that has been there since July 2008 mentioned before.

11-10-2009, 05:55 PM	#1056 (permalink)
Queen Junior Crapper Join Date: May 2008 Posts: 52 Thanks: 8 Thanked 11 Times in 9 Posts	Re: The Forex Project Why should Steed care if two dollars are spent for every one dollar added to the total amount recovered? He gets paid his percentage off that big number, the total amount recovered, before any costs are deducted. On July 31,2008 Steed found $20,000 in checks written to TFP for seminars and deposited them to get a percentage of that money himself. On July 31, 2008, months after the offices were closed, months after the company was in bankruptcy and a month after Rivas was arrested, Steed found $20,000 in checks left behind that were written to TFP for seminars that had long ago been canceled and deposited them** to raise the total amount recovered and to get a percentage of that money himself. Or do you really think that he, the one who had already told the press that this was all a big Rivas scam, thought these people would actually get the seminar they paid for? ** See these checks on page three of the Cash Receipts and Disbursements Record on the Applications of Trustee for Compensation and Reimbursement of Expenses and I did not include this $20,000 in the $3,073,391.49 that has been there since July 2008 mentioned before.