TheForexProfitZone.com Review

I responded to a very slick ad and convincing Diversified Trading Strategies (DTS) video and was convinced by their very slick and convincing tele-salesman Bill Weede to pay $5,000 up front money to get into the Dan Johnson Cyclone 4X system they promoted.They presented lots of convincing evidence to support their claim of 8+ % profits per month,real money, for the past 5 years and of course there was the full money back guarantee if they had lost one penny after a year. Dan Johnson proceeded to.... lose 16%.... of my hard earned money over the next 4 months. I called DTS and was told by Leticia Zamora that DTS no longer promoted Dan Johnson and the best she could do was move my money to their Master Pro Forex program. She sent me very convincing evidence that Master Pro Forex had made 98% in the previous 6 months, so I moved the money to them.....and they lost an additional 10% in the first month. The total loss and expense now stands at $13000. Now Leticia Zamora says the best she can do is move my money to their Art Palmer program and this time she sent me less than believable evidence. These people seem to have no end to the losing traders they shamelessly promote. Thanks to this web site I've found out one of the DTS owners was involved in another defunct front business similar to this one.....and that should tell us all something.

I have just read all of these reviews and I couldn

These are the same guys running Diversified Trading Strategies INC .
They are marketers only, with no financial background.
Do your homework and go to the traders direct.DTS won't tell you and they don.t tell their marketing affiliates that customers can get a better deal directly from the trader.
Their is ABSOLUTELY no benefit to their service ( SCAM ).
They have a overzealous marketer named Travis who will quote returns on peoples accounts, but he doesn't even have access to client accounts.
Defiantly don,t ever give them any of your client information as they will circumvent you and ruin your relationship with your clients
.The traders hate these guys! For obvious reasons

BEWARE OF THIS SCAM! As ashamed as I am to admit it, I actually worked in the Profit Enterprises phone room for 2 weeks back in November, 2007. "Training" was for 4 days, then hit the phones. I am very familiar with the FOREX market, but was shocked to find that the phones were manned by people who hadn't a clue about forex and may never have looked at a chart in their lives. For those who stuck it out and were able to overcome that pesky personal trait called "Scruples", these guys make anywhere from 100-200k per year plus. All you are to do is follow the script and sell, sell, sell. I was uncomfortable with it from the first day, but I stuck it out assuming it was the new-guy-jitters. Each day, I felt worse about being there. Not being a super-salesman, I sold nothing in the 2 weeks I was there and therefore made zip...and I'm glad. Here's why:

I never could get Michael McGinnis or Max Day to produce ANY recent trading results for the 28-6 Forex program. Oh, they had a few documents that were months old and reviewing those, I could see that the returns were smaller and smaller as time went on. Of course, there was the explanation that it's the long-term returns one needs to focus on, not the month-by-month micro view, and there was always the money back guarantee if the initial account balance asn't doubled at the end of the 12 month agreement. True enough, but still, no recent trade results. And don't do too much thinking, just follow the script. Highly questionable.

NOW, I stumble on this review and read, in his own words, John Schmude stating that he resigned in August, '07! There I was, in NOVEMBER, '07, proclaiming the expertise of Mr. Schmude and assuring my prospects that "HE" had been producing our clients 15% per month, averaged over the previous 12 months, which is what was in the Script, and that if they joined us, John would produce these types of returns for them, too. Kind of difficult, considering he's no longer associated with them!

Also, I thought it strange that, as part of the hiring schpiel, Michael felt obligated to bring up the subject of the BBB and what a "usless organization" it really is. "Most people think it's a government agency" , he said. " It's just a private franchise that can twist information as they see fit. They have zero legal recourse." Like I had asked or something....

What blows my mind is that it really isn't that difficult to make serious money LEGITIMATELY when you work hard and smart. WHY is it that these people and so many like them have such a need to do it by scamming, lying, cheating...I will never understand that.

One final note for those of you that joined this program, as well as any other Trading Program ever offered by Profit Enterprises (or whatever name it's operating under this month)..... The agreement you signed states that there will be a 100% refund of your subscription fee IF and ONLY IF the program does not double the initial deposit amount by the end of 12 months. My point is that if you think you're going to see a nickel prior to the expiration of 12 months, you're in fantasyland. It won't happen. Don't waste your breath complaining about it. And don't yell at me, YOU are the one that signed the agreement. If, after 12 months of enrollment, you haven't seen your initial account balance increase by at least 100%, the agreement (you know, the one that YOU signed) says that that you can get a refund of your subscription fee (refund does NOT apply to any loss of principle or commissions) OR you can extend your subscription for an addditional year at no charge. Don't fall for the additional year bit, they just want to hold your money for another year, probably hoping you'll forget. If, after the 12 months, you have not seen your initial balance double and you still cannot obtain the refund or even get them to return your phone call, GO GET 'EM!!!!!!!

These guys need to go DOWN!

I've stayed with Profit Enterprises after one year of suffering major losses and hearing all the BS from Micheal Mcguiness who is now a partner in Diversified Trading. The phone # for Profit enterprises is obviously disconnected and after research, I finally found Micheal Mcguiness. You can call to find out the status by calling 877-872-3351. Speak to Letchia or ask to speak to Micheal directly but you will not get a refund. He refuses to return my calls and has his EA Leticia filter all calls.
They STILL support the 28-6 program but refuse to give refunds which confused me.

I've filed a report with the BBB in CA but they dont seem to be much help.

I was told by Conrad Homishak at Profit Zone 28-6 that I would make the $4500 fee back within 3 months with their trading system. When I called their office after the 3 months and continual loss of funds from day one. They never returned phone calls. I reported them to BBB in California. This is theft by deception. They will not get away with this. In the future I will enter a class action law suit against all that were involved. If anyone has contact information and names contact me at wjtorres2005@yahoo.com .

After reading these posted reviews, I believe the only path is a class action suit...Where does one file the grievances...need an address.

Hi Nick...how did you file w/ the FBI re. Profit Zone and all scum bag conmen associated with them? Where did you log on and what info was required? Also, was it anonymous? I don't trust these guys....being from Chicago. I want them to go to jail and pay huge fines, but look themseleves in the shiny burnished metal plate they call a mirror in the one cell bathroom, and think that they are the only ones to blame.

Is it better to file with the FTCC re. commodities and forex trading and fraud....also the Attny. Generals office in each state: Particularly CA, TX, IL and NV where fat Schillmoeller resides with his androgynous partners. And I want is to nail Schmude and Day, both obscene crooks and con-artists. I think Day resides in TX....Schmude may be in MI. Anyway please let me know since justice needs to be done and these evil people need to be stopped from hurting any further people. Thanks.....

i have filed a grievance with IL branch of the FBI, Fraud division. If you are from IL and were scammed, you might want to file a complaint as well. it can be done with email. If you are not from IL, you might be able to file with a similar authority in your state. you can probably get the info from this site. If enough people file grievances, maybe something will be done about these people.

springfield@ic.fbi.gov.

I had similar bad experience trying to get a refund of subscription fees from Profit Enterprised relative to the Profit Zone 28-6 program.

I do have a phone number that actually works but it is for Diversified Trading Strategies and they will disavow any connection to Profit Enterprises and refuse to give you anything but you are welcome to try.

The number is 760-918-5633. It is their customer support number.

Meanwhile, I would be happy to join any class action against Profit Enterprises if someone knows how to instigate it. I hate seeing fraud perpetrated on the public.