Recent content by thasler

CFTC action You may be interested to know that International Foreign Currency, which you labeled a scam in 2008, is now under investigation by the CFTC and an indictment is expected early this year. I'm cooperating in the investigation and was interviewed last week.

fmr lightning They have another version, Lightning 2, which was installed yesterday and is already up $86.69, so there may be hope yet. Stay tuned.

fmr lightning I've been informed by an expert that the new version isn't new at all, but a re-cycled older version!

fmr lightning Yesterday they introduced a new version, claiming good results. The jury is still out. My demo account doesn't reflect the results of the new version yet.

fmr lightning My demo account continues to go down, contrary to their claims of great profits. I wonder whether there are grounds for a scam report?

fmr lightning I've had a demo account since April 16 and it's gone from $10,000 down to $9992.62, so a loss rather than any gain. They installed it on a VPS, so the settings are correct and can't be blamed. Where are the spectacular results they claim?

fmr lightning The demo account has been operational for one day and has made all of $18 on $10,000 so a long way from the claim of doubling the account in a matter of days.

fmr lightning They have installed it but the directions were very confusing - this is not a user friendly product. Stay tuned.

fmr lightning They offered to install it if I opened a VPS account. I've done that so hope to have it installed soon...

fmr lightning I signed up last week and the first thing I noticed was that the manual cautions against seeking quick profits, which is the theme of the Web site. It even urges users to demo the system for a few weeks and shows a curve that suggests good profits but only after few months, not a...

fmr lightning They have a new web site and the robot is for sale. They're claiming remarkable results from brief live trading, so I'd be interested in any critiques.

I forgot to mention in the previous post that I talked to my lawyer today and he's prepared to take the case to federal court if IFC is not willing to settle through the FPA scam resolution process. Through the FPA I've been in touch with a number of other people who lost substantial amounts...

This is a follow-up to a post on FPA about legal action I've taken against IFC. As I said in the post, I had a lawyer send them a demand letter March 16 asking for restitution of funds lost outside the scope of the limited power of attorney for managed accounts; my funds were lost in two narrow...

IFC update I finally spoke with Mike Kritch yesterday. He offered to handle my trades personally but that would only make sense if I add more funds and I'm reluctant to do that after he lost $10,000 in early October through a mistake. IFC "mistakes" have now cost me over $24,000. Mike...

resolution The one claim that Mike Kritch makes that I can dispute is that he returns calls within 24 hours. I've been trying to reach him all week about the proposed resolution of my problems with IFC, with no success. One of my calls actually went through to a live person and I was told...