Quote:
Originally Posted by selah
Well, I've received a reply from Peter, his intentions are still the same. He has a problem connecting to GT. So he's still around and working behind the scenes. Any admin who hasn't physically absconded gets points with me. 
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I'm sure you are well meaning and a trusting person. But don't you see that PeterB has done NOTHING that he said he would.
He said he'd show a 20% per month return and he has shown NO proof of that ever happening. I mean NOBODY has seen even one single trading statement from him.
For some crazy reason he decided to move ALL the money in his account to Egold at the exact time some hacker just happened to come along. What's really confusing about this one is that 99.99% of all brokers in the world will do a broker to broker transfer, there was no need to move the money out of the account and back into another account. He simply had to fill out a broker to broker transfer form and poof the money would be moved to a new account for him. I have used the form in the past as have many people I know. I would be happy to post a copy if anyone cares to see it.
He decided that the best course of action after "losing" all the money would be to start ignoring people and making wild promises that again he has not honored in any way shape or form.
His plan, start paying everybody 5% a month until they were all paid back. This was etched in stone, of course that never happened. He made ONE payment to most of the members and NOTHING since then.
He then said ok I'm going to pay all the complainers first to get them off my back and then the more agreeable sheep will be happy to wait longer. Oddly enough that never happened either.
When pressed he says he's almost there, he's currently holding a negative position that he is just waiting to turn around for him... uh huh... now he's a mind reader....
GT goes down and for some odd reason that means he is unable to update anyone on his progress (or lack thereof) I've asked a few members and tell me that when they made their donation to the PeterB retirement fund (AKA ClubFX) he sent them email to confirm their donation. Odd how suddenly now he seems able to use email any further.
Yet some people seem to think this is all fine and dandy. They seem to go out of their way to make excuses for this guy, yet he continues to break his word at every turn.
Nobody has ever seen proof of ANY trading profits, forget 20% a month. This guy is the worst kind of scam artist, trying to play off everyone's emotions about how bad he feels and how hes going to make it all right... but talk is cheap and he continues to not live up to HIS suggested repayment plan.
Will he ever pay? Who knows, I sure don't..but I do know that so far every single thing he has promised he has NOT lived up to. I feel very sorry for the people taken in by this scam and I do hope some day somehow this guy can make it at least somewhat right.
Good luck to you all.
J