Pharaoh
Brigadier General
- Messages
- 20,312
Dear Pharaoh,
The financial reporting process is stretched out due to the new MFX representative offices opening in 2015 and the company expansion as well as the reserve fund creation and investment projects liquidity maintaining on level 39%, and currently the auditors report is being corrected. This is a natural process considering the rapid growth of the company. Your comments and pictures we do not consider seriously and do not comment.
We promise to inform you personally when the financial report is released to the internet.
Best regards,
MFX Broker team
Let me get this straight. MFX opened some new offices and hired some new people. This (and the effort to maintain liquidity) somehow kept the whole company so busy that not one person in the accounting department could arrange to conduct and finish an audit to show that a program with Ponzi-style promises was a legitimate investment for a whole year.
Even PFG Best and Bernie Madoff were able to take the extra time to do fake accounting to make the numbers look good, but you claim that MFX can't add up what you say are real numbers (which should be backed up by real paperwork and thus be far simpler) over the period of a whole year.
MFX has no time for necessary calculations, but plenty of time to advertise the latest twist to keep new money flowing into the Ponzi-like investment:
The modern market offers a variety of investment products - and from reputable banks and MFОs with a favorable interest rate. Why is it worth to take part in the program of profitable investment from the MFX Capital?
- High interest rate - 45% per annum.
- The reliability of your investment - for 3 years MFX Capital has established itself on the market as a responsible partner worthy of trust due to the stable reputation.
- Only a positive experience of cooperation with investors.
- 10 years of the experience in working on the financial markets.
- The official license for Asset Management.
- A fixed profit percentage.
Unsustainable high fixed rates and ZERO evidence to show how this financial miracle is achieved. These are the hallmarks of a Ponzi scheme. The only difference is that Charles Ponzi's original scheme was based on a functional form of arbitrage. It only turned into scam after he let too many investors in.
I'll be waiting to see what's next. An accounting statement which can be verified in any fashion or another excuse.