Copernicus

KHAMM4 thanks for the information. I don't think anyone is attacking you. There is a lot posted here, back and forth, that is interesting. It is like a novel. Sadly for people like you it must be stressful. Not to make fun of you at all, but did you know Lou was convicted before you invested?

No one is ever convicted and sentenced by default. The state has to prove their case beyond a reasonable doubt. Our Constitution guarantees us due process of law and we cannot be deprived of life, LIBERTY, or pursuit of happiness without due process.

Further, If you go into a prison and ask the inmates there isn't a guilty man there (except the guards and the warden).

Racer

KHAMM4:

From what I found there were two cases, one in AZ and one in FL. Which case are you speaking of when you say he was convicted by default? In the AZ case I found he took a plea bargain and it appeared that he received more time than any of the co-defendents leading me to believe that he was the ring leader. In FL I found what looked like 60+ different counts including grand theft, securities fraud and running a boiler room.

If you go to this website and type in Luis Hiram Rivas and date of birth 04071953 the case will come up.

Miami-Dade County Clerk - Criminal Justice and Civil Infraction Cases

KHAMM4

You are right. But my information stated that he was convicted for getting involved in this business deal that he thought was legitimate. Because of him being involved he was convicted right along with the others. I dont have any names of the others involved but I am currently working on that. No I had no idea of his criminal record until just a week or so ago. I guess I am so defensive of Lou because he has been so good to us(my family). I have never had any problems with him or anyone at The Forex Project. I can understand that it hasn't been the same for everyone and I am surprised. There is good in that man and I have seen it on several ocassions. I am praying everyday that he comes through for everyone. Everyone needs to understand this is just who I am. Lou taught many people to "pay it forward." Even with everything that is going on, that is something that continues to play in my mind. I know it has helped me be a better person and I feel that since I have met him I have done more meaningful things in my life by helping others less fortunate.

KHAMM4

I havent looked into anything in FL. I just skimmed the surface but it is my next project. I dont know what site you are looking at but that is not the same info I found about his AZ conviction. I am looking into a very thorough ,and expensive, background check. It will take a while but I will see what I can get. Hoping that doing it this way it will be very accurate.

KHAMM4

The grand theft charge was in 87. He was only young 30's at that time. I could see if he was an irresponsible person at that stage in his life. People grow up and they change. I dont think that this is relevant to anything going on now.

Racer

Khamm4

Yeah it was 87 but he then spent the better part of the 90's in prison so he really hadn't been out that many years when he started this forex thing.

Here is the AZ link that has the codefendents.

Criminal Court Case Information - Case History

I heard one of Lou's seminars and on there he seemed like a great person and very successful Forex trader. Thus, that is why I invested and assumed that with all the money he was making trading for people and generating millions for himself in the process, he wouldn't have a reason to steal. His sytem does seem sound. However, as a previous poster said he may be a Sociopath which means he really doesn't have any bad feelings about doing bad things and is the consumate con artist.

done

khamm4 lou may be good but it dosen't look good not only for the client's but for the people that worked for him they lost there jobs and income can't pay for there home's is he going to pay them too or is he going to forget about them they lost to what help will they get

KHAMM4

I know it is not good. There are a lot of people out of a job. The offices are closed for good. There are people living in those houses Lou helped them get and now they are gonna have to move because they won't be able to afford them now. And I have thought about how hard it is going to be to get another home if they are unemployed. I have thought about all of this and my heart goes out to them. I do pray for these people and hope that they are able to find another job soon. But I still have hope about him returning money. I have been told he is going to return everyones money and trade his own money and no longer have investors since there is no longer a business. We will just have to wait and see what happens but I am still confident.

bobby

KHAMM4, thanks for all the hard work you're putting into this. I will be interested to hear the results. Sorry I haven't been able to post lately, I was imprisoned last week for holding up a local liquor store. Of course I am innocent, it was by default that I was holding the gun and shooting at people, so it was by default that they arrested and charged me. If Lou was arrested by some type of "default" system I am unfamiliar with, why did he tell everyone that it was mistaken identity when questioned? And KHAMM4, when was the last time you got scammed by someone who didn't seem like a really great guy? The scam artists who are obvious never make the news because they are unsuccessful. And the whole "God" thing should have been everyone's red flag. Anytime the God-card is played, as Lou so often did, there is sure to be a scam coming soon. Lesson learned by all, including me, don't chase after fool's gold. Sorry for everyone's losses.

Smell_the_coffee

It ceases to amaze me that people are still using adjectives like benevolent and paying it forward to describe Lou Rivas. Why is it so hard to come to terms with the fact that there is no good in a man that gives away what is not his? Doesn't the fact that he stole from investor's and drained IRA's negate any "good"?

During one of Lou's "we don't want the money, we don't need the money" seminars I witnessed him dish out over $100,000 in a weekend. Everything from charity donations to laptops to expensive dinners. The money was flowing like water. I sat there and pondered to myself, why would someone be so loose with their hard earned cash? Either they have so much money they don't know what to do with it OR it was never theirs to begin with. There is NO good in a man that makes high yield guarantees to investors and then squanders the money away on impulse buying, charity donations and shopping sprees to impress woman.

Lou Rivas has a deity complex that was fostered and nurtured by spending money like a drunken sailor.

KHAMM: My intentions were not to be harsh, but to show some tough love. It is obvious that you and others are still hoping for Lou to ride in on his trusty steed, stroke a check and save the day. Whether you were an investor or an "employee", the faster you wake up from this fantasy nightmare, the better.

I can't help but draw a correlation to Cult like activities I just watched on Discovery. The documentary highlighted Michael Travessar and the End Of The World Cult in Strong City, NM. Michael predicted that the world would end on October 31, 2007... Obviously his prediction was incorrect, but the amazing thing was the reaction of his followers. They were still right by his side, in lockstep with the glazed-over/ brainwashed look in their eyes. STOP drinking the Kool-Aid people!