hope

your ignorance is amazing.

These investors you speak of are real people...many of whom were victimized by those trained to abuse the trust of the relationship with family and loved ones. Saying this is an "invitation only program so don't rock the boat and make me loose my opportunity."

Those employees who saw first hand and who took part in the reckless spending and throwing of money away...and said nothing to those whom put their trust in them are Equal to Rivas in the moral courts and hopefully will be found equally responsible in the legal realm.

Greed is when you stand by and watch others be harmed for your own gain...certianly not investors trying to find ways to provide for their families..as most every investor I have spoken with is someone who sacrificed and saved for the dollars stolen from them and their children by these people ...turning a blind eye for their own greed for "unearned" rewards. Most of whom knew that their skills and labors did not warrant these sallarys and gifts...they were mostly just part of an elaborate scheme....because they knew that they did not have the skill nor training nor education to earn at that level and they watched other peoples monies being tossed out the door for unearned gifts and rewards etc... ....so please stop telling us about the poor employees.

And "shut up" if you have no part of this no one who matters thinks much of your rants.

My statments are strong ...but thieves and those who protect them really piss me off. Blame the victim...that is so typical in today's society.

Grey steed has an obligation to do his job. We as victims can appeal to the court if we believe his percentage is unfair...he is the first to tell us that. Rivas will not be out in a couple of years he has no...defense and just because he is an idiot does not mean it was not a ponzi shceme...He's a con man not a rocket scientist. No exit plan just meant he thought we were as stupid as he IS AND HE BELIEVED WE WOULD BE STUPID ABOUT "THE FOREX PROJECT" FOREVER....STUPID DOES NOT EQUAL INOCENT...IT JUST EQUALS 'GUILTY AS CHARGED AND HOPEFULLY THEY WILL NEVER EVER LET HIM OR HIS ACCOMPOLISES OUT TO DO THIS AGAIN.

AS IT IS CLEAR HE IS A CAREER CRIMINAL.

Queen

As I see it-

429 claims

21 are duplicates.. people who filed two claims for a single promissory note. Florida attorney, Larry Perry filed about 10 of these for people who had already filed the exact same claim.

2 filed claims even though they canceled their original checks and therefore had no claim.

44 had no promissory note in company files. That's not to say that the claim isn't valid. This total doesn't include employees, vendors or duplicate claims.

5 no total could be made out. One of these had their principal refunded in March.

Over 150 filed for more than the principal of their promissory note. Some filed for two months interest, four months, one year, three years, etc. Then there were crazy totals like two months interest plus $200. Rivas paid only some people about $500,000 in interest in March and April. Steed was supposed to have gotten that back. Ask him how much he has asked for and received.

Besides the one who’s total could not be made out, I do not see one claim here for ANY of the over 35 clients who were refunded their principals plus interest. By now Steed should have gotten about $3 million back from those people who had their money returned to them within the 90 days of bankruptcy. Obviously he hasn’t gotten a dime back because those people would have filed claims.

zna

Is Lou's court date still set for 12/15/08?

jeff15

I have never heard about forex projects before. If it is so i will keep in mind about forex projects and forward this to other's

EKH

I have been looking for Salih Acarbulut myself. If you have any any information please do let me know.

Thanks

EKH

Does anyone have any information regarding Salih Acarbulut? He was based out of Chattanooga, TN and is/was a forex investor. Address, phone number, etc. ?

Thanks in advance

heres_ur_sign

The promissory notes where just that, a legal loan. No where in any of the paper was the word investment ever used. The note was documentation of a lawful loan with repayment of loan spelled out in lawful terms. From what I understand the FBI reviewed the note and although they "didn't like it" they could find nothing illegal with it.

If I may, a comment about the people that loaned Lou the money. Lets be honest, you saw the promise of 5% per month return on your money in a time when the most you could get somewhere else was .5% and you jumped at it...think that can be called greed by some standards. No one not even Lou, twisted your arm, held a gun to your head, threatened you or family members to do this. You all did this with your own free will. Every one knows that you can't afford to lose it then don't risk it. You all signed risk disclosures as well so you all knew that it would be possible that Lou would not be able to pay you back or make the interest payments on the loans.

"A fool and his money...blah blah blah"

heres_ur_sign

[quote=pdb;15087]Oh goodness sakes "Do Nothing" Diane, as you were known around the office. Get over it. The one person I continue to admire is your husband Bill, he is truly a saint to put up with your crap.

You, nor any of the others that worked for Lou, including Angie, Joy and Pam, were employees. You were all contracted help, signed for a price and a bonus in some cases. Contracted to do a job, which some of you did and did well...others...not so much. Now you are all unpaid creditors in the eyes of the court with the same rights as everyone else that signed a note with Lou. You know as well as everyone else there that he loved playing Pam against Angie every chance he got, until he got so bad at the office then he sent Pam home and Angie on the road. Ever wonder why he did that? Ever wonder why he wanted everyone in Chattanooga to think Joy was the big bad witch? Why he sent her to town to shut the doors then put Angie on the phone to tell us she was wrong? It was his game, he pitted people against people all the time. What would have happen if Pam, Angie and Joy had all gotten along back then? What if the had all compared notes back then? I'm not sure but I bet the three of them would have cornered Lou and made him get his act together well before Tulsa. They would have made him take things alot more seriously and maybe even cut some of the fat, and by that I mean you and those like you, from the staff. I think they would have made him cut back on his spending, trim the traders down to those that could trade and make profit. Not let him go into Tulsa or even think about Florida.
So yeah Dave's right, you all need to stop pointing fingers at anyone but Lou and come together as, oh what was it you all use to call yourselves, A FAMILY and help one another. Whatever bug you have up your butt over Angie you need to rub it with cream and get over it. Your still playing Lou's game and he's the only one winning because of it. All your doing is throwing a life long friendship away at a time when you could all use all the friend and family you can get.

I'll step off the soap box for now, but I reserve the right to pull it back out if need be.

heres_ur_sign

Dame I love Codene.

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Now I know why people get hooked on Soap operas. Keep it coming guys!