[NG12]

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) but anything above the 10% is their profit.

Owners name is James Ossie and VP's name is Robert Gaubert.

I agree with you that this sounds like a ponzi scheme, I just can't find any definite proof to show my friend. I've found several lawsuits against Mr. Ossie's previous company (Nation Direct Capital, a commercial mortgage company) but they have played these off. I've also found some info on Mr. Gaubert's previous company, UBG Capital.

I'm concerned for my friend. I'm afraid we won't have any definite proof that this is a scam (if it truly is) until he loses all his money.