Recent content by NG12

It looks like the losses on this were huge. Almost half the money they raised was lost in the forex market. I'm assuming most of what is left was spent paying huge commissions and monthly returns (up to 20%!!!). I have friends and family that were involved with this and I pray that the...

And another: www.cftc.gov/newsroom/enforcementpressreleases/2009/pr5598-09.html

See link: sec.gov/litigation/litreleases/2009/lr20853.htm

Here's some more info my friend told me about these guys: After you wire the money to CRE, they wire it to German and Swiss trading accounts. They say that the money is not kept in commercial or retail banks but is 100% protected under the FIPC. They spread the money over 35 trading...

I do understand that. I guess I was just saying that if these guys are financial gurus that were apparently pretty well off before this, why wouldn't they just use their own money and let it compound for awhile? Maybe I'm looking at this wrong, but they could be billionaires in no time at an...

Again, I'm not saying this is scam but I would recommend you research how Ponzi schemes and HYIP's work. Some people will actually make money if they get in early. To point out that this person or that person got their initial investment back does not mean that it's legit. Also, I'm not...

Here's a copy of their contract I've obtained. I actually have a friend that has given them $100,000. He's been getting $10,000 wired into his account every month for the past several months. They are claiming that they average much higher than the 10% (I've heard as high as 26% average)...

Anyone know anything about CRE Capital Corp? They are based out of Alpharetta, Ga. They are agreeing to pay 10% monthly and your initial investment back. They only do 30 day contracts, that you can renew every month. Minimum investment is $100,000. They claim to have been around since...