Traderj

You are quite right Opie this particular thread has degenerated, but please keep your eyes open to the fact that PeterG and Jamdoody had a large had in that... so moving on.....

I hate to say it as it's very much a closing the barn door after the horse has escaped type thing.. I wonder if the people that have lost money in this ClubFX thing have learned their lesson? Regardless of whether PeterB is a liar, scammer or just completely clueless when it comes to computer security the bigger issue here is it does seem that at least SOME of the people did in fact break the golden rule and invested more than they could afford to lose.

This often happens after a program has built up a bit of trust or the member has removed a few bucks not close to their total investment but enough to allow them to convince themselves that this person is in fact real So they throw the farm at it..

But remember any time you give ANYBODY control over YOUR money you have taken a risk I don't care if it's me or PeterB or anybody once you no longer have access like you would with a managed account (MA) what goes on with your money is 100% out of your hands.

This does not mean that other programs don't ever work out, but it's curious how people get the slightest bit of faith in something and then start throwing the mortgage money at it.

It would seem to me that any program that is not able or willing to provide proof of their actual trading account's activity should be considered suspect with a rather large red flag hanging over them.

I don't know if anybody has brought this issue up either, but the likelyhood of PeterB "averaging" a 20% return or greater month after month on the FX is almost nil. So perhaps he had a couple of great months then the bottom fell out and this (the hacker story) was the only way he could figure to get out of it without losing face or having to face the music. Although I would have to think as an investor I would much rather have him say here's the deal I made a horrific trading move and the account is in a 70% draw down and deal with that reality, than the complete nonsense that is now happening.

His silence for the last 4 days now just make it look more and more like he's going to do a runner. That might not be the case maybe he will reappear with a great solution, but even if he does how insane would someone have to be to invest with him again after how he's handled this whole mess. The proof of any person's character is NOT how they handle the good times but rather the tough times. It's pretty clear his handling of this situation has been massively poor.. regardless of how it ends up.

I hope it all works out for you guys that have money in it certainly does make great theater

seemezoo

Regarding those screenshots:
I know discussions went everywhere since, but jumbutty posted fairly neutral thoughts (if he was seen to be PeterB's side) at GT a few days ago - that those date entries might have been modified in order to be justified with the date of PeterB's "very bad news" e-mail was sent out (= they were not the words jumbutty used, but I can't find where it was now I can't point to it).
I lost that e-mail but thoguht that theory makes sense...? sadly.

yuko

Traderj

Consider it done...

Do you or does anyone have the name of PeterB's mystery lawyer? If so it would seem common sense at this point to just have your own legal counsel contact him and find out what's going on. If you don't have contact with his counsel I would suggest the only course of action left at this point is making sure that Egold releases the info on the account(s) attached to the one being called the hacker account and see where that trail ends up.

It wouldn't take much to get that information from Egold there are more than enough people to have a court issue the needed documents.

Once that is being done as a courtesy you could contact PeterB via official channels with your lawyer making a formal request for his lawyer information... all legal and registered so you will know in fact he has received it and that as well will give you more of a glimpse into what his intended future actions are.

That is my two cents worth of what you can do in the short term, it's really a shame this didn't happen the day of the so called hack, likely all the money would have been returned by now if indeed a hacking could have been proved.

J

Traderj

I can tell you for a fact as I trade on a daily basis for my living, that anybody making 20% or greater a month is in a league all by themselves and I can assure you that if they are able to do that, they are NOT setting up HYIP's on the net to take money to trade with. I guess I should say I would be beyond shocked if they were I guess it's possible that somebody decides they want to help the little guy or something but boy it seems unlikely.

I know a very good group of traders that have averaged around 16% returns monthly for the last number of years, and they were not doing it only FX and it takes some big numbers and serious long term skill to pull that off...

As for the screenshots I don't have much graphics knowledge so when I looked at them it really meant nothing to me... bottom line continues to be.. read only access to the trading account... ten minutes in the Egold back office.. POOF less than half an hour issue settled... the question that everybody should be screaming at PeterB is why was this not done the day of the big email and why does it continue to NOT be done? Sounds like someone is stalling to me.

Good luck to all you investors.

Schminner

The way things are going right now, I think PeterB is still trying to buy time so that he can stash the loot in a nice hidden place.

It's a great trading strategy for PeterB, at the investor's expense ....

HYIPTracker

Based on this, then I would expect that you would not have invested any money in Club-FX, and would have warned others about doing so ... Gee, yet when I looked for evidence of this here, at GT, and elsewhere, I come up with ... you guessed it ... zippity doo dah!!! ....

First of all, nobody has the right to be screaming at anybody. If you don't know how to talk and act like a mature adult, then may I suggest you go play in the toddler's sandbox. Second of all, do any one of you know for a fact that PeterB hasn't already done everything you *demand* of him on the day it happened? I'm fairly certain, from personal experience, that his attorney advised him [and wisely so] to keep quiet about any and all evidence he may have. Not only that, based upon all I've seen since here and at GT, is it any wonder that PeterB has taken the approach that he has. Every single time he opened his mouth to tell people what was going on, he was accused, judged and condemned already ...

All of your speculation is just that ... speculation ... and like opinions ... everybody has one ..... repeatedly screaming it at the top of your lungs ... or shouting down anybody who disagrees with you doesn't make your speculations fact ... now matter how much you might think it does.

Now, consider this ... what if the shoe were on the other foot???

What if *YOU* were to have suffered such a terrible loss as PeterB has, and then *YOU* attempted to do the right thing in order to give back to those people that you had originally tried to help, how would *YOU* have reacted to all of the accusations and condemnation that has been spewed out against him?

Let he who is without sin cast the first stone ...

Schminner

Can someone lend me a stone ???

Schminner

"Originally Posted by amazinggrace
Where is every thing at now with club fx? Any light on the matter? I hope the best for Mr and Mrs B.."

I'm sure they're at their best .... I'd be at my best too if I had $$$ from all of the sheeps in GT

Conciliator

Definitely. We know for a fact that he didn't provide evidence that he was trading. We know for a fact that he didn't provide access to his e-gold account showing it was hacked (only a few people got screen shots, and we now see the screen shots have many errors). We know for a fact that he didn't provide evidence that he was talking to an attorney. We know for a fact that he didn't provide evidence that anyone loaned him any money to start a repayment plan. Yep, pretty much everything we have demanded, Peter has ignored. He's the one making the claims, so if he wants anyone to believe him, he better provide some evidence. He's failed miserably in this regard and has lost a great deal of credibility for it.
Well this is speculation as well. I find it very odd that Peter essentially wrote off the possibility of recovering the funds almost immediately after announcing the loss. It doesn't make sense. As for the attorney advising him to keep quiet, why hasn't Peter said this is the case? Why, if this were the case, did Peter say things after claiming to contact the attorney like:By the way, the post above sounds ridiculously suspicious to me. "A 42 year old man from Mexico"? LOLSure sounds like he was advised not to say anything to anyone, LOL. And as has been pointed out repeatedly, he could give his attorney's contact info for someone to verify. Of course, that would be just too easy a solution. Peter is apparently averse to all easy solutions. He'd rather keep people guessing, since that'll... preserve his reputation?
That's because what he's saying is 1) Hard to believe, and 2) Unverified. No wonder every time he opens his mouth to tell people what was going on he gets accused. The fool hasn't made an effort to validate his initial claims of a stolen fund. Of course he's being judged and condemned... he's not presenting any evidence for HIS CLAIM.
We're not just speculating. We're demanding evidence for the loss. He's the one making the positive claim that the fund was stolen. He has the burden of proof for this. Thus far, his efforts have been a joke. He has not provided any persuasive evidence. And the evidence he has provided (the e-gold screen shots) just inculpate him even more.
I would react like someone with a brain. I'd realize that simply claiming the money was lost would be an incredibly stupid way to convince people and to help them understand what happened. I'd provide evidence for someone like Jude to confirm the loss. I'd answer questions in the threads rather than ignore them. Basically, I'd do everything that PeterB is not doing. The fact that he's not doing them strongly suggests he can't do them... which ties back in to what happened in the first place. In the paragraph above, you've already postulated that there was a hacker who stole the fund. That's one bad premise when it hasn't even been established yet.What the hell do you think this is? We're not condemning someone for sinning while being sinners ourselves. We're demanding evidence from someone who's making a pretty incredible claim. This person is providing no evidence for the claim. He's condemning himself.

allinvain

I've been away the net for a while and I haven't been following the latest news on the ClubFX recovery plan, so I'm just wondering, has PeterB started trading already or is he beating around the bush?