equalizer

I am confident that Lou has the ability to do what he claims maybe even better but what I think is the real problem is his ethical standards. He is living very well in Florida for someone who owes millions of dollars to completely innocent clients/investors. I hope that when lou comes to his senses that he has enough of his clients money left to do what he is capable of doing and that is earing very high returns. So if that day ever does come I think lou will be able to atleast give his clients their original investments back. I think that those clients with large sums of money with lou would be more than happy to take that deal since most of them expect little or nothing at this point. My advice would be get your money that is a long shot and then stay as far away from Lou Rivas as you can.

Satellite101w

I too have money in the Project. Mine is in a self directed IRA and I have yet to receive a payment. My contact there was a guy named Bill who is seemingly incapable of returning phone calls. The office was closed today for some strange reason, but I was able to get in touch with a guy named John Shelling. There is going to be a teleconf on Wed this week at 2030 EST to discuss the lack of payments and state of the business (or so I am told). If you have questions or would like to join me on this call, get in touch with John at 423 504 2103. He can provide you with the phone# and access code. I'm pissed too and if I can get out, I am. If looks like a duck, walks like a duck and quacks like a duck... I have reason to believe they are too close to margin with their sub-par traders and need the 90 days to roll up their sleeves and make some money. That's just not good enough for me. I know he buys his guys houses and they really live high on the hog with our money, but are now unable to uphold their end of the bargain. I was also told I'd get a signed promissory note from Luis...and guess what...I didn't.

Copernicus

Luis makes a good impression and I am suprised at the turn of events. I would like to know what is going on. You guys also seem reliable. It sounds like bad management, reliance on untrained-untested subordinates, and less on foul play. However, when I hear he is buying houses for idiots with investors money and those same idiots are losing money on trades that moves the needle closer to foul play. How do you know this is really happening?

Charles

Has anyone any update information? I have just gotten into the Forex market and was researching The Forex Project Group. With the information I have gathered and now the information I have read here, I wonder if this is the right group to be with.

Satellite101w

Doesn't look good guys...Chattanooga looks to be closed.

Charles

Closed? How can the office be closed. What about the clients investiments? What about the staff?

Satellite101w

Does anyone have any history on Luis? Has he ever been challenged like this in the past?

Copernicus

Hi Satellite,

Do you live in Chattanooga? How do you know the office is closed?

Didn't someone on here talk about a conference call today or tomorrow?

Lou-is-EVIL

Here's the skinny... Lou Rivas is a con, or better yet a sociopath. He swindled investors money, drained IRA's and lived high on the hog while recklessly spending investor's money. This operation doesn't even make the grade of a ponzi scheme. It was simply a madman spending money faster than he could acquire it. Trading was nothing but smoke and mirrors. Investors and employees have not been paid, all centers have been shut down, all employees have been fired, Lou is being investigated by the FBI, there are several lawsuits pending and counting. The "company" has been dissolved. It has also been discovered that Lou served a ten year prison stint for... FRAUD. He ran the same type operation in the securities industry.


Remember folks: "If it sounds too good to be true... IT IS"


Click Here: Forexfraud.com - Promissory notes. The newest FOREX scam

done

pepole run from lou he can't pay you back florida is good place to hide