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Old 05-20-2008, 10:48 PM   #161 (permalink)
Charlotte
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Default Re: The Forex Project

Check this web site out
FOREXGEN.COM SCAM Alert! Broker stole over $160K from our trader! - Forex Peace Army Forum
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Old 05-20-2008, 11:32 PM   #162 (permalink)
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##########
Not sure posting this is a good idea...they prolly don't want luis to hear this.
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Old 05-20-2008, 11:37 PM   #163 (permalink)
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Not sure posting this is a good idea...they prolly don't want luis to hear this.
maybe he post was just gossp
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Old 05-20-2008, 11:42 PM   #164 (permalink)
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maybe he post was just gossp
i'm just saying...being he has now become a target in many ways, he is undoubtedly scouring the web to see what is being said. Specific phone numbers, etc should be pm'd or something I would think.
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Old 05-20-2008, 11:43 PM   #165 (permalink)
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I have been reading all along and as a trader and a close relation to some investors, I have to say that this entire fiasco has been a heartbreaking disappointment. While I knew Lou was frequently as full of himself as he was full of shit, I never imagined the pathology to extend as far into narcissism and sociopathy as it now obviously does. The lies go beyond comprhension and as I think of these, I can also see him in my mind, look me in the eye and ask me, "What do YOU want?". It was on the tip of my tongue to say, "I want this to be real and true". So as not to offend, I told him that my job was exactly what I wanted. Next to my genuine hope and appreciating the giving to very needy institutions that he did, I ignored the red flags that flashed so brightly in my face. I wanted what I wanted and it wasn't purses or cars or fur coats from HIM; I wanted something to be truly good that generated even more good and made people happy. I wanted the freedom and the prosperity to take a bigger part in my home and family while continuing to live the lifestyle I previously had but with tons less stress. I wanted my cake and to eat it, too. It's called GREED, regardless of intention, and all of us are guilty. We bit into the apple the serpent was offering because we are human beings. So I chose to keep my head in my ass, be true to myself, and hope for the best. There you have it. I know that everything happens for a reason. Now I am hoping the reason for all of this will be a good one and will come to light soon. The last thing Lou told me was to "never go back in the box". I hope trading will allow me that liberty and then some....as he and his loyal followers sit inside of their very tiny boxes in the near future.
He screwed my family and that is the very least I hope for him, LITTERALLY, during his next stint in the Big House. Like I told him recently as this all came to light, "Karma is a very certain and beautiful thing...". Thanks for the opportunity to vent. Thank you to those of you who did the research and have kept us informed on very difficult-to-get information. I'd also like to thank Bobby for kicking off this whole forum and wish him and everyone else involved the best possible outcome.
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Old 05-21-2008, 01:40 AM   #166 (permalink)
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I missed this conference call- could anyone who was in on it fill me in on what it was about?
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Old 05-21-2008, 01:44 AM   #167 (permalink)
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Does any of this sound familiar?

"I was sitting on my back porch drinking orange juice and had just finished making $4M. I looked up at the clock and realized it was only 10AM and I was still in my pajamas. Folks, I can make all the money I need and in fact I call this my ATM. I said to myself that there had to be more to life than this and I eventually came in contact with a few key people who convinced me to share my knowledge and God-given gifts with others. By the way, I will make numerous references to God, so if anyone doesn't like it, please leave now...I will refund your money. In the back of the room are my traders. As they will attest, my system works. Some of these guys were roofers, some were security guards, and some were my family members. I'm going to now open up one of my live accounts and show you what I've done in the past 10 months. This account was $200K in February and now it's $2MM. Anyone can do this...my system works. I hope you all enjoy yourselves and the meal I've had catered....yadayadayada..."

Red Flag One: Who is Lou? Why does he need investor money and seminars if he has an ATM in his pocket?

Red Flag Two: Did you see the traders he had in the back of the room? Enough said.

Red Flag Three: The references to God...the opportunity to get your money back and leave if you don't like it.

Red Flag Four: If you see a military person, buy them lunch and send me the bill...did anyone get an address or phone number for this? How do we send him the bill? I have 1000 lunches for military personnel for you, Lou!!! LOL!!!

Red Flag Five: If Lou has umpteen million dollars, then why does his website look like my 4 year old put it together (Typos, mis-spelled words, etc...)? Actually, I just I just insulted my daughter...sorry, baby.

Red Flag Six: All these smart investors (Doctors, Lawyers, Business entities) and no one did a background check??? Are you freakin' kiddin' me!

Red Flag Seven: The poor communication after initial investment. The inability to explain what the root cause for any occurance. The lack of followup and shady business practices.
Sattelite101: Wow... you're quick to jump and judge traders based on appearances aren't you? Were you quick to speak your mind, publicly at the time? I doubt it... because you can now hide behind a screen name. Let me assure you of a few things: Were there traders put in their position that shouldn't be there? ABSOLUTELY! But for you to be so callous and generalize all traders, based on appearance only, speaks for itself... very LITTLE of you. As you have at this point figured out, I am a previous trader of the Forex Project... now very regretfully. But I will tell you I left a very prestigious career to gain experience in the currency trading industry. Now, after my association with this company, I can't go back to the career I left because of the mark that has been left locally. But it makes me nothing shy of irate to hear you belittle traders, especially based on appearance. I assure you once again... there were many awesome traders and some of them you never would have guessed. So... from this point forward, choose your words a little more wisely... Your cut-throat comments generalizing a group when you obviously know nothing about them is very unbecoming of you!!!!
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Old 05-21-2008, 02:01 AM   #168 (permalink)
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And one last thing Satellite101 and then I'm done with this crap.... you're calling everyone "idiots" who didn't see all "the red flags" but after looking back and reading your posts... you're an investor... making you one as well!!! Again... choose your words a little more wisely.
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Old 05-21-2008, 02:32 AM   #169 (permalink)
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The conference call was just to confirm everyone is being screwed by Lou. He doesnt have all the money to pay everyone back. They HAVE filed involuntary bankruptcy on him and like i said before any gifts he has given people within the past two years will be taken back in order to pay his debt. They are looking into multiple lawsuits and named one attorney in Chattanooga. FBI is investigating in Spartenburg and no one knows where Lou is. On top of all that there was a woman from Chattanooga that kept interupting and made it go on longer than it should have. If she would have kept her mouth shut we could have gotten down to business and been done. She had a lot to say and it wasn't even helpful. Anyways this is gonna take some time but if you have any info you are supposed to report it.
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Old 05-21-2008, 02:39 AM   #170 (permalink)
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And one last thing Satellite101 and then I'm done with this crap.... you're calling everyone "idiots" who didn't see all "the red flags" but after looking back and reading your posts... you're an investor... making you one as well!!! Again... choose your words a little more wisely.
Thanks for every single word, Screwed & Pissed. I too left a prestigious career.
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