Ponzi Scheme investing4you.co.uk scam forex investment

[Decmademerich]

Yes I agree the dynamic increase figure , has been set up automatically ie the 5-8% he was claiming. Hence why peoples account were just left to increase to a ridicules amount... i meant if you've invested through a friend , then the money was transferred into a new account, he was just doing it manually..my point i was trying to say is , he could type any figure in, ie £500,000 into anyone's account, no actually money was needed for this manipulation of figures.

His Job hasn't been trading on the Forex, his job has just been keeping up with the lies and making up false accounts, while one account grows and grows!!

This is the craziest thing I’ve read on here. Myself and many others have had money out of this, it’s been spent, on really nice things, that’s not some imaginary figure that some dosey stoner has just made up on a screen.

 

[Ak261]

So, best case scenario is that all the money is in the account which has been frozen by his own bank pending investigation? Minus all the cars, houses and faux payouts of course ???

 

[uptheiron]

So, best case scenario is that all the money is in the account which has been frozen by his own bank pending investigation? Minus all the cars, houses and faux payouts of course ???

I can’t argue that that is the best case scenario, but I can argue that it’s the most improbable.

 

[hoodledudle]

So, best case scenario is that all the money is in the account which has been frozen by his own bank pending investigation? Minus all the cars, houses and faux payouts of course ???

Of course that's the best case scenario, whether or not that scenario will become reality is in my opinion a very low chance.

Whether the money is still there or not, there's so many other issues like the FCA licence, the ridiculous rate of returns, lying to clients. (I have received picture evidence of Declan lying about his FCA licence on at least 3 different occasions)

You only need to ask yourself from the screenshot you posted. Why is investing 4 you getting legal aid from a criminal defence Barrister? And if he isn't getting legal aid, why is he lying about doing so.

If I was to take an oddball guess, he is co operating with law enforcement to get out of any fraud or serious charges and to put himself in a position of negligence.

He is going to claim everything he has done this far, is due to lack of experience of running a business and hide behind the contracts investors signed (possible risk of losing money) and the fact he has put himself under a limited business.

Or everything goes back to normal, the balance of some investors accounts is able to be withdrawn (£1,000,000+) and the business closes. I know which id put money on.

 

[Alkazeal]

Of course that's the best case scenario, whether or not that scenario will become reality is in my opinion a very low chance.

Whether the money is still there or not, there's so many other issues like the FCA licence, the ridiculous rate of returns, lying to clients. (I have received picture evidence of Declan lying about his FCA licence on at least 3 different occasions)

You only need to ask yourself from the screenshot you posted. Why is investing 4 you getting legal aid from a criminal defence Barrister? And if he isn't getting legal aid, why is he lying about doing so.

If I was to take an oddball guess, he is co operating with law enforcement to get out of any fraud or serious charges and to put himself in a position of negligence.

He is going to claim everything he has done this far, is due to lack of experience of running a business and hide behind the contracts investors signed (possible risk of losing money) and the fact he has put himself under a limited business.

Or everything goes back to normal, the balance of some investors accounts is able to be withdrawn (£1,000,000+) and the business closes. I know which id put money on.

They'll do their best to claw back as much money as possible as it would be through proceeds of crime.

The fact that he set up a limited company is neither here nor there as, in the case of fraud, the director would have failed in his duties and therefore would become personally liable. Negligence, stupidity, etc. is not a sufficient argument in this respect.

Although for any victims the following advice from AgeUK is good:

• Contact Victim Support or Think Jessica if a scam has made you feel anxious, fearful or guilty. They provide emotional and practical help to victims of crimes and scams.
• Contact the 24-hour Samaritans helpline on 116 123 if you feel low or anxious and need someone to talk to.
• If you need care and support, you can contact your local council’s adult social services department. They can provide safeguarding support, and will work with you to consider what action to take.
• Contact Citizens Advice if you’re having trouble paying your bills and are worried about what to do.

 

[MikeFair]

Just saying...

Investing4You Ltd

We believe this firm may be providing financial services or products in the UK without our authorisation. Find out why you should be wary of dealing with this unauthorised firm and how to protect yourself.

www.fca.org.uk

 

[NotAUsername]

Just saying...

Investing4You Ltd

We believe this firm may be providing financial services or products in the UK without our authorisation. Find out why you should be wary of dealing with this unauthorised firm and how to protect yourself.

www.fca.org.uk

Seems highly unlikely that the FCA would post this if Declan was telling even a modicum of the truth regarding his “application”…

This should be useful for any clients who are still “on the edge” with the whole situation, and hopefully it will give them the nudge they need to contact the authorities.

 

[Ak261]

Just saying...

Investing4You Ltd

We believe this firm may be providing financial services or products in the UK without our authorisation. Find out why you should be wary of dealing with this unauthorised firm and how to protect yourself.

www.fca.org.uk

bit late for that

 

[Alkazeal]

bit late for that

Unfortunately no one wanted to listen to mike over a month ago but here we are now..

 

[MikeFair]

bit late for that

Far too late, but there are still people and clients who are vehemently defending Investing4You or not accepting some of the basic facts.

The FCA warning will at least help some come terms or to the same conclusion others came to a while ago.