Ponzi Scheme TadawulME / Exential Group:

[Pharaoh]

Yo Yo Yo ....
lol , really !!! first i dont back off from any challenge ! second i was on HOLIDAY that was payed off with my extra earnings in Exential that would have never been possible without it !! third , well an investor password ????? r u for real !!! lol ... 7 days !! lol ....

Spending money that you must by now realize is part of a Ponzi scheme. I can't wait to see what the authorities do with you.

Sharing an investor password is something that real companies and real people often do to provide evidence of real profits. It's easy enough to change it after the outside party gets a look and confirms the profits are real. Since you (and everyone else supporting the Exential Ponzi) has failed to even post an edited broker's statement, I'll take that as confirmation that there are no real accounts at any brokerage.

moreover i said lets meet face to face !! then after u can come here and post whatever ur convinced with , do u think i have the time to entertain all ur requests !!

Let's see - waste my time (plus airfare and hotel costs) to meet you face to face to argue about why you need to have evidence when you are already either a True Believer or are in bed with the scammers vs. asking for verifiable evidence. I certainly don't have time to sit there watching you chant "I love Exential. They pay me, so they must be ok.", so I laid out the real evidence that you and the company should be happy to provide - if the company's trading is real.

u call that a challenge ! my dear PHARAOH i offered a challenge in real life and not hiding behind a screen !! and NO ONE HAVE BROKER STATEMENTS , not a living soul has one , however when i asked to see it , i was entertained by exential with is my MANAGED ACCOUNT MONEY MANAGER who has the statements and thats how they roll and if i or u dont like it they dont beg u to invest !!

LMAO!!! "not a living soul has one" Finally, proof that there is no real investment! Unless you download the statement directly from the broker, it's not worth the paper it could be printed on. I'll wager he showed you a nice little spreadsheet or even a quickly faked statement. Would you like me to list half a dozen CFTC Ponzi cases which match this pattern exactly?

Ponzi scam don't need to beg for clients. They just need people like you to sing their praises.

why they dont give it to everyone , well for me its not an issue as long as i have made sure that the account is being traded live and the custodial bank holds the broker account where i actually sent my money !! and the broker does provide the platform for the money manager who is trading on my behalf !!

They don't give it to everyone because there is very little (if any) trading of client money. Any money in a custodial account will magically vanish when Exential does its disappearing act.

and REALLY !! did u even read ur post ! PRESIDENT !! man i dont know what to say but there is one thing im certain of now , who ever is selling u drugs , is DEFO cheating u .. lol !! i mean how high do u have to be to write down what u wrote about asking the GOV to come invest !! do u think they r short of cash !! do u think they listen to u !! do u think they told u the truth about WAR !! do u think they care about ur opinion !!
if they answer for the above is YES , then bro , i wana smoke whatever ur smokin !!!

Are you really so far disconnected from reality that you can't recommend sarcasm?

Then again, if there ever were such an amazingly perfect investment, I would consider it my civic duty to try to convince various levels of the government to take advantage of it. After all, unlike you, I want to encourage things that could help society instead of only focusing on my own profits even at the cost of destroying other people's lives. Too bad the whole thing is really just a house of cards that's going to come tumbling down sooner or later. Too bad your efforts may lure in more innocent victims before this happens.

 

[jay_dcg]

I really like reading this thread. I guess the information written here is quite enough for an investor to use before investing with this company. The important thing here is the risk appetite of the person. I admit that I too have accounts with Exential, given the high risk exposure, I still invested. Before I joined, I didnt know how forex trading works. I was quite fascinated and I tried doing my trade by myself with a broker/scammer (you may refer also to this site) then I lost a huge sum of money which made me sleepless for nights. But still, I didnt withdraw my account in Exential. But did it stop me for trading. No.. Did it lead me to withdraw my other investments. No...

I'm not saying that I dont have the risk of losing all my money with Exential. That is still a possibility, but will I withdraw my accounts? For now, No because I'm still contented to it. Given this kind of situation, the reaction/decision of a person varies. It really depends on how much risk you are willing to take and how you will manage it.

 

[investorone]

2 days from now and it will be a 1 year anniversary of this thread... HAPPY ANNIVERSARY!

People are still debating though whether the Company is legit or not...

 

[SurfO]

Spending money that you must by now realize is part of a Ponzi scheme. I can't wait to see what the authorities do with you.

Moderation Team Note: Quote trimmed to avoid wasting space.
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Moderation Team Note: Uncivilized comments removed. SurfO has been banned for making these comments.

..., what do u care about exential which is in DUBAI ! obviously it seems ur doin a bit more than commentin then !! splitin traffic comes in ur favor maybe ! so why dont u show some evidence as you are the party who is doubting this company from thousands of miles away !
u keep rolling the same ideas and its boring for me to keep on answering ! and when i said a challenge with me face to face is becoz u keep whoring online ! so ur plane ticket and ur stay and whatever Chinese noodles u want to have will be like REALLY ! REALLY ?

LOL , i only read ur posts coz u make me laugh , u think no one bothered on checking on this company untill u came here to warn ppl !
u ask for proof but u keep confirmin they r ponzi , so why bother !!
again im tellin u , SMOKE IT bro ... too high toward the sky !! lol

 

[Pharaoh]

2 days from now and it will be a 1 year anniversary of this thread... HAPPY ANNIVERSARY!

People are still debating though whether the Company is legit or not...

The thread on Secure Investment ran for over a year before the regulators stepped in. I was also attacked in that thread for trying to warn people and for not having proof that it was a Ponzi.

A well run Ponzi can last a long time. Anyone who doesn't believe this never bothered to read about Bernie Madoff.

Moderation Team Note: Uncivilized comments removed. SurfO has been banned for making these comments.

So SurfO finally decided to cross the line. Too bad. I was having fun with him.

..., what do u care about exential which is in DUBAI ! obviously it seems ur doin a bit more than commentin then !! splitin traffic comes in ur favor maybe !

Unlike you, I care about protecting individuals from scams. If you had bothered to read the other Ponzi threads as well as my articles, it would become very obvious that I don't ever endorse forex products or services. Instead, I wrote an article about how a trader can find a broker to meet his/her own trading needs. I also wrote an article on how to find forex products that meet one's needs without getting scammed. Plus, there were my articles on managed accounts and Ponzis. Funny, not ONE of those contained any recommendations. Someone PMed me last week. First, he wanted me to recommend a MAM account manager. I declined and told him to do research. I also told him I do my own trading. He then wanted to get into a deal with me to offer my trades as signals to make more money. I told him that I trade for myself. My profits and losses are mine and mine alone. I don't want to worry about damaging someone else's finances if I have a bad month, a bad quarter, or even a bad year.

So, I'm not gaining anything special out of this thread, other than knowing that I've saved at least a few people from joining an "investment" that shows ALL the signs of being a criminal enterprise that will walk off with the money at some point (if the police don't show up first).

so why dont u show some evidence as you are the party who is doubting this company from thousands of miles away !

As I have clearly explained, without access to Exential's books and brokerage accounts, I can't prove it's a Ponzi. I have also made it very plain that the final proof that an organization like this is Powered By Ponzi only comes when the police or regulators step in and seize control.

On the other hand, I have clearly demonstrated that it shows nearly all the warning signs of being a Ponzi as detailed on the websites of multiple regulators.

Further, any legitimate investment company knows that the burden of proving claimed returns are legitimate lies 100% with the company making the claims. Legitimate companies are transparent and assist clients and potential clients in performing due diligence instead of hiding information behind excuses. Exential (in true Ponzi fashion) lacks the transparency needed to show that it's investing any significant amount of client funds into the forex market.

u keep rolling the same ideas and its boring for me to keep on answering ! and when i said a challenge with me face to face is becoz u keep whoring online ! so ur plane ticket and ur stay and whatever Chinese noodles u want to have will be like REALLY ! REALLY ?

Since you obviously are a True Believer who can't even consider the possibility that your holy grail might be a scam, I wouldn't waste the money to hop on a cross-town bus to meet you face to face. You've made it plain that until this scam collapses, you'll just keep trying to discredit all the flagrantly obvious warning signs. I wonder how much of a cut you are getting for each new person you introduce.

LOL , i only read ur posts coz u make me laugh , u think no one bothered on checking on this company untill u came here to warn ppl !
u ask for proof but u keep confirmin they r ponzi , so why bother !!
again im tellin u , SMOKE IT bro ... too high toward the sky !! lol

Looks to me like no one who invested, including yourself, bothered to perform proper due diligence. Anyone who did would realize that all the Ponzi warning signs are there, and any profits gained would come from money STOLEN from later investors. Only a truly evil person would consider it OK to make money in that sort of investment.

Obviously, you don't care what happens to later investors as long as you make money. If you truly do believe, I have some advice just for you. Max out your credit cards. Take as many big loans as you can qualify for. Put ALL your available resources into Exential and just keep reinvesting all of the profits again and again. If you are so certain it's real and can do what it claims, then you shouldn't be worried about doing this to maximize your profits. After all, if you're right and I'm wrong, you'll become a multi-millionaire quickly enough. If (when) I'm proven right, then you can use the Contact Us link and ask the admin to un-ban you so that you can come back and apologize both for your insults as well as for your support of a criminal organization.

For everyone else, keep your money away from any "investment" company that shows so many warning signs of being a Ponzi scam.

 

[SilentSpectator]

The thread on Secure Investment ran for over a year before the regulators stepped in. I was also attacked in that thread for trying to warn people and for not having proof that it was a Ponzi.

A well run Ponzi can last a long time. Anyone who doesn't believe this never bothered to read about Bernie Madoff.


So SurfO finally decided to cross the line. Too bad. I was having fun with him.

Although the most meaningful advice I got from SurfO were exclamation points, he would certainly be missed.

I'm still hoping for some "sensible" pro-exential arguments to fall from the heavens though...

From a logical point-of-view, Pharoah's totally owning this debate. But despite that, I can't bring myself to withdraw my money.

After 3 years of holding-out and waiting for a collapse, I couldn't take it anymore. I was so tired of my friends' stories about ski-trips being paid-for by residual income, that all my common sense went out the window. Like many investors in Exential, my friends aren't financially-literate (as a matter of fact some of them are the opposite), but I'd rather lose my 20 grand than go through another month being envious of their earnings.

 

[Pharaoh]

Any what will you do with your ill-gotten gains when you read the stories about the people who lost their life savings in the coming collapse? Will your escape from envy balance the knowledge that you staying in may have provided funds used to lure in more victims who don't know enough to see an obvious scam?

Have you tried reporting Exential to the UAE financial regulators? Maybe your active account with them could be put to good use if you let the right regulator or police agency have access.

 

[SilentSpectator]

Any what will you do with your ill-gotten gains when you read the stories about the people who lost their life savings in the coming collapse? Will your escape from envy balance the knowledge that you staying in may have provided funds used to lure in more victims who don't know enough to see an obvious scam?

Have you tried reporting Exential to the UAE financial regulators? Maybe your active account with them could be put to good use if you let the right regulator or police agency have access.

I've been a victim of a Ponzi once, so the idea of being possibly (probably) involved in another one is indeed a nagging thought (from an ethical perspective).

I agree that the best course of action is to consult the matter with the country's Financial authorities to clear the air once-and-for-all. Although I'm still hoping that someone else here already did, so I wouldn't have to do the legwork myself. Any Exential investors want to pool their research/findings on the company with me? I'm calling out all who did their due-diligence. Let's work on this together, I'm sure the effort will be worth the peace-of-mind and clear conscience.

 

[quarryman128]

Newsletter

Hi!

I am also a client of Exential, and I have only had good experiences.
Do you know where can I get that newsletter?

Thank you!

 

[Pharaoh]

SilentSpectator,

Does Exential pay clients in some way if a client recruits more people to deposit money? If so, can you detail how that works? Not all Ponzi's do this, but it is very common. The payments in those cases are often a little too generous.

Did you send your deposit to the broker or two Exential? If to the broker, what info do you have on the broker's legal status? I've seen brokers created out of thin air just to support a managed account fraud. Another possibility is that there is a real, legit broker somewhere, and your money was sent a bank account with a similar name, but not under the real broker's control.

Hi!

I am also a client of Exential, and I have only had good experiences.
Do you know where can I get that newsletter?

Thank you!

Everyone only has good experience with a well run Ponzi - until the day that the owner either runs short on cash or just decides to bail just after it peaks.

Why would you ask here for the newsletter. I'd assume if there was one, Exential would sent it to all their "investors". Why not give them a call and ask where your copy is.