The Forex Project on Page 58 at Nobullshit Network Forum

Volsintenn · 06-07-2008, 03:08 AM

Bankruptcy Judge Cook Appoints Trustee To Aid Luis Rivas Creditors
Says Those Who Invested With Ooltewah Trader Were Victims Of "Ponzi Scheme"

Chattanooga Bankruptcy Judge John Cook on Friday morning approved an interim trustee to try to recover money for a host of creditors who invested with Ooltewah foreign currency trader Luis H. Rivas. Judge Cook said Rivas has apparently absconded, and those who invested with him on promises of a 60 percent annual return are the victims of a "Ponzi Scheme." Attorney Grey Steed was appointed to handle the case by U.S. Trustee Bill Sonnenberg. He immediately met with a large number of the Rivas creditors who attended an emergency ...

trademan83 · 06-07-2008, 03:24 AM

Crime Victims Hotline
If you are a crime victim or someone who knows about an injustice or case that needs a spotlight, call "Nancy Grace" at 1-888-GRACE-01 or send information via e-mail to "Nancy Grace."

http://http://www.cnn.com/CNN/Programs/nancy.grace/

hope · 06-07-2008, 07:58 AM

Quote:

Originally Posted by moving forward

Did anyone notice that the ad for the house in Calif was "removed by author". I tried to look at it today and it is gone!

SolPix - Real Estate Media

The craigslist listing had a link to a for sale by owner site. The name is louis Rivas...but it seems fishy.
the phone listed is 562-659-5969. Take a look at the site, the real estate listed at about 1.3 mil.

Maybe it is linked to him and maybe not...why he would advertise a name so close to his real one...would be risky... But like I said when I called and asked for Luis Rivas not Louis... the woman who answered the phone...hesitated and then asked me if I wouldnt call back in a couple min's.

I told her I was calling about the craigslist posting and would like to speak to luis Rivas...so that's all I know.

getaclue · 06-07-2008, 08:09 AM

Quote:

Originally Posted by hope

Regarding Steve Johnson not being a part of it....I have a hard time believing that.

My story is that I received my first phone call from Steve Johnson mid April. I was told to Mail check to his home address (of course he did not tell me it was his home address at the time). Next that he needed the checks in his hand before he would mail out any contracts (documents) regarding prom. note for me to look over and we would decide how to set up as part of my account was to be set up for my toddler son. I also told him that I would have to transfer money to the account. He told me no checks would be cashed until an account was created and I had looked at and signed documents.

The 29th of April I called and spoke to Todd before I went to mail my checks. He confirmed the address and made sure I Made the check out to Luis Rivas. After mailing I called trying to confirm receipt as I was very nervous to mail checks in this huge amount to someone so far away and with nothing in hand. I gave it a week and no answer at the main number and Steve's phone said he was out of town please call the office. And of course the office was not answering and that was the 9th of May.

So I decided I had better put a stop payment on the checks ...and of course the bank told me that the were paid on the 8th of May.

I left multiple voice mails for Steve Johnson who has never responded, he never sent out the documents he stated he would and of course did not return my money if things shut down and he could not issue me a promissory note. So this situation screams fraud and deception not to mention felony theft in my situation with Steve Johnson and Todd working together for at least my situation is seems.

Steve Johnson has had ample time to correct this and make it right. Bank of America says the checks were deposited to a personal account that has now been closed. I spoke with the FBI and I think they will be able to give me the name on the account where he deposited the money and my banks fraud department is working on it as well.

But Steve Johnson has a lot to answer for in my opinion.

First of all you should never have given the man a check without a signed contract....

You should have met the man and exchanged the check for the contract.

If what you say is true then you need to call the FBI right away and tell them this.

hope · 06-07-2008, 08:17 AM

Quote:

Originally Posted by hope

8 Bedroom 7.5 Bath Brand New Custom Home #### VIRTUAL TOUR ###Avoid scams and fraud by dealing locally! Beware any arrangement involving Western Union, Moneygram, wire transfer, ... Louis Rivas Direct: (562) 659-5969 ...
inlandempire.craigslist.org/rfs/706537239.html

has anyone seen this posting for this house in california for sale by owner on craigslist. With phone number for a louis rivas posted....is it possible it's him?

Ok, I have a question...for anyone who knows how to find something like this out.

The craigslist add that I found was posted new on 6-3 around 9pm if I remember correctly. I called the phone number sometime in the afternoon of the 4th of June. I asked for Luis Rivas...was asked to call back and then I guess the add was promptly removed.

Before posting my question about the add I copied it and emailed it to myself and posted the link. The craigslist had a link to a for sale by owner add which I also emailed to myself.

So with the craigslist posting info and the forsale by owner posting....can these adds be traced back to an ip address to see if it is him?

Please let me know.

hope · 06-07-2008, 08:35 AM

I agree 100 percent although that does not help me now. I trusted a family member who did the face to face and....well I was stupid and I can not change that fact.

Yes things are as I said...and yes I have informed the FBI and other channels.

hope · 06-07-2008, 08:39 AM

Quote:

Originally Posted by KHAMM4

To all of you who want to know what is going on, even though I don't feel the need to tell you anything because you will just take what I say and insult me. Lou did not file bankruptsy. An involuntary bankruptsy was filed against him by an investor to get their money back. Whether you believe it or not he is working to get the money back. It takes time to get large sums of money from Interbank and then wired into an account. As for his criminal record. I have done a little research of my own. Lou was found guilty by default. This was a business deal that he did not start up. He was trusting and because he was involved he was sentenced-along with many other people. It was not a scam by him then and it isn't now. I know he is going to pull through for everyone. I am sorry none of you feel this way and I can understand why. I am truly sorry for everyones situation. So now that I have told you what I know you can now start attacking the prey.

Are you still in touch with Rivas and do you stand by this statement l?

Food_For_Thought · 06-07-2008, 09:02 AM

KHAMM4 had her heads in the clouds for quite some time, but now she is an expert on the subject with reliable sources...

Getaclue, stop giving legal advice when you have no knowledge on the subject. Where is Lou's bench warrant that you so emphatically mentioned would follow a no show in court? Like I mentioned before the hearing, it is my belief that the promissory notes were more for Lou's protection than anything else. As I also mentioned, bench warrants are not issued on civil charges. Criminal charges need to be filed. GET A CLUE!!

trademan83 · 06-07-2008, 12:59 PM

This is the other person arrested and if she's the one that started it and he was so innocent, why would he get 10 years and her probation?
Of course he would say something like that & blame someone else.

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

ShawnCas · 06-07-2008, 03:12 PM

Quote:

Originally Posted by KHAMM4

To all of you who want to know what is going on, even though I don't feel the need to tell you anything because you will just take what I say and insult me. Lou did not file bankruptsy. An involuntary bankruptsy was filed against him by an investor to get their money back. Whether you believe it or not he is working to get the money back. It takes time to get large sums of money from Interbank and then wired into an account. As for his criminal record. I have done a little research of my own. Lou was found guilty by default. This was a business deal that he did not start up. He was trusting and because he was involved he was sentenced-along with many other people. It was not a scam by him then and it isn't now. I know he is going to pull through for everyone. I am sorry none of you feel this way and I can understand why. I am truly sorry for everyones situation. So now that I have told you what I know you can now start attacking the prey.

KHAMM4 - I know your stance on this has changed a lot since this initial post. And even though this was from nearly 50 pages ago, and has been brought up again, I feel there is a valid point that could be made.

The fact is. Whether or not he is in any capacity attempting to resolve any of this is one thing. However, he has made it clear he WILL NOT state his intentions to anyone that could merely use an assuring word. And I don't mean any of this "the check is in the mail," or "Fedex lost it," crap that he so openly had his "go to" people tell my clients and everyone else time and again, day after day.

Since day one it was Lou's way or the highway. There was little to no room for suggestion of ideas, or intervention. He has the inability to be communicate at all, especially with clients. Sure, he can call my clients at 9am, 2 months after they received their last check and threaten them, curse them and tell them they won't get a dime, but he has yet to EVER (in my knowledge) make a PUBLIC "official" address as to the state of the company or clients funds, EVER. (Other than the conference call he graced everyone with, which had little relevance to anything.)

The man has apologized once to me in person for something, but other than that - I have never heard him admit he was wrong.

And now everyone around us suffers for it because of his mile-high ego, and holier than thou mentality.

Other than that, I am with you KHAAM, I still hold out a small shred of faith, and attempt to have hope..

Shawn

(Sorry so wordy)