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Old 11-10-2009, 08:39 PM   #1057 (permalink)
Racer
Junior Crapper
 
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Default Re: The Forex Project

That is just wrong if he deposited those checks after the fact. Although, those people should have stopped payment on those checks when the seminars hadn't taken place and the bankruptcy was filed.

As I read those reports I came to the same conclusion that the only people making out on this are Steed and the lawyers and accountants. Charging $200-$300+ per hour eating up what little money has been collected. Steed says that maybe Rivas will talk after the sentencing next week but I doubt it. Maybe some people with priority will get some money but the investors won't get on thin dime when this thing is over with.

If this is how bankruptcy works it is really screwed up. I don't know which is worse, getting taken by Rivas or having these people that are supposedly on our side come in and take what is left.
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