Pharaoh
Brigadier General
- Messages
- 20,312
Hello to all,
As I follow and read all the comments, all the members of exential are happy. To Mr.Pharoah what is your true intention, motive, and gain giving your accusation. First of all no one knows what is the truth even you and it's not your money will be loss if something bad happen.
I can see CLEAR warning signs that this is a Ponzi scheme. Those signs also correlate to the warnings on many financial regulators sites (also cited earlier in this thread).
Members of Bernard Madofff's investments, Dona Branca's "bank", Ronald Rewald's investments, James Paul Lewis' investments, Secure Investment, MyTIRN, and CRECapital were happy with their returns, until those scams failed. Charles Ponzi himself had many happy clients, until his scam failed. All of the prior happiness in each case was far outweighed by the losses of the victims.
My true intention is exactly the same as in these threads at the FPA, to protect innocent victims from throwing their money away, possibly ruining their lives in the process:
CRE Capital Corporation
Anyone heard of TIRN www.myTIRN,com
Secureinvestment.com
I was attacked in each of those threads for stating that the "investments" had all the warning signs of being Ponzi schemes. I was right. Each one later was revealed to be a Ponzi.
When I see what appears to be a nearly certain (99.9%) scam, I try to warn people away from it. The allegation that I them recommend some other investment opportunity is patently false. I recommend that people learn to trade for themselves. Then, even if a person wants to invest in a managed account program, it will be much easier for an individual who knows how to trade to evaluate how risky the trades are.
I can tell you something that sets Exential apart from a real investment. You said it yourself. "First of all no one knows what is the truth". Any good and honest investment opportunity should be transparent. Investors should be able to get their information straight from the broker, not from the account management company.
Yes, it's not my loss if something bad happens, since I have no money invested. Are you the type of person who would allow people to walk into a minefield without shouting a warning? I'm not. I have a conscience. I don't just care about the investors, I care about the damage their family members will also suffer. It's too bad you don't seem to care about what happens to other people.