Ponzi Scheme investing4you.co.uk scam forex investment

[CallMeSergeant]

I sure do. Everything is circumstantial at best. Unmerited accusations

Its not circumstantial. Its pretty factual. A lot of people have a lot of money 'invested'. But they can't now get their money out. That's fact. Declan Nowell has stolen their cash, under the pretence of Forex trading, and then tried to scapegoat that one of his clients was investing on other's behalf's and this has suddenly caused all accounts to be frozen and for him to return to his life delivering groceries ?

Its lies, if there is such a thing as justice then Declan will receive a custodial sentence for this. Him and the rest involved with stealing decent, hard working folks savings.

 

[Scun101]

"Where clients deceived into thinking he was?" - Yes. Many have said they have seen relevant documentation. Which we all know could not be legitimate documentation as Investing4You / Declan was not authorized by the FCA.

"I know Mike Fair challenged him and he responded." - The response was Declan accused me of slander and that I was "not aware how that works". Georgia claimed my querying of the FCA status was "irrelevant".

"But other than that where clients deceived?" - Yes. Declan has on many times made a statement only for it not to be true. For example, an email was apparently sent to all clients. Declan claimed, "the companys' Paypal, trading platform and bank account has been suspended by the FCA".

When it has been confirmed now multiple times that the FCA did not in fact take this action.

The new spin I’m hearing (after the FCA account freeze story was blatantly disproven) from clients is that they have now been told by investing for you ltd that the funds are in a libertex account & have been frozen due to individuals gathering & investing other peoples money through Dec.

Anyone with funds invested should be doing their upmost to prove/disprove the stories IFY are telling. Not by speaking with Dec or Georgia but by getting information from source IE contacting libertex. As others did with the FCA. Facts are needed, not stories from already proven liars.

 

[Ihatelies]

I sure do. Everything is circumstantial at best. Unmerited accusation

"Where clients deceived into thinking he was?" - Yes. Many have said they have seen relevant documentation. Which we all know could not be legitimate documentation as Investing4You / Declan was not authorized by the FCA.

"I know Mike Fair challenged him and he responded." - The response was Declan accused me of slander and that I was "not aware how that works". Georgia claimed my querying of the FCA status was "irrelevant".

"But other than that where clients deceived?" - Yes. Declan has on many times made a statement only for it not to be true. For example, an email was apparently sent to all clients. Declan claimed, "the companys' Paypal, trading platform and bank account has been suspended by the FCA".

When it has been confirmed now multiple times that the FCA did not in fact take this action.

Right so none of them screenshots prove you right. You have challenged him.
Sanders has a lil spat with you.
Then the email which I was well aware of BTW but thanks for sharing. I don't know what the crack is there but I have seen a previous screenshot of him saying it wasnt the fca but the banks that froze it.
So like u previously stated was that a outright lie or did he just have it wrong at the time?
I know I can't access my money and I don't really know what's going on but what I do know is you boys have an opinion and there is no guarantee what so ever you are right. You maybe but as it stands today you do not know just like I don't. Of course there is basis but nothing concrete and only an opinion.
You said before in your well said comment tbf about looking at it as an outsider with no connection or monies invested, but I do so the view of it is different

 

[Ihatelies]

Its not circumstantial. Its pretty factual. A lot of people have a lot of money 'invested'. But they can't now get their money out. That's fact. Declan Nowell has stolen their cash, under the pretence of Forex trading, and then tried to scapegoat that one of his clients was investing on other's behalf's and this has suddenly caused all accounts to be frozen and for him to return to his life delivering groceries ?

Its lies, if there is such a thing as justice then Declan will receive a custodial sentence for this. Him and the rest involved with stealing decent, hard working folks savings.

I'm as gutted as anyone Trust me on that. Am as hard working and decent as the rest.
It's the stolen your money under the pretense of forex trading just doesn't sit right. Call me naive but until further notice can't see it

 

[hoodledudle]

Client's can simply prove the whole situation wrong, just go to libertex.com and contact their customer service and ask if they have any information of I4U and yourself.

 

[forexforyou2021]

There's NO money people!! Your balance on your app is made up. Think its about time you wake up and stop making your self's look even more stupid then handing your cash over to a delivery driver who lives in a "industrial" town called Scunthorpe in the first place.its embarrassing know the airs polluted ..but really .haha..you've had your pants down. Listen to all you want..its not exactly going well is it?? sorry to all who have been scammed , but the red flags WERE there from the start...and no surprise are STILL there.

People on here are trying to HELP YOU!!!

 

[Ak261]

Well I think it’s safe to say that unless you sent Mr Nowell your passport/bank statements and proof of earnings, you definitely haven’t got an account with Libertex.

The problem with telling so many lies to so many different people (especially when their savings are concerned) is that you need to stay on top form to remember it all

Blame this forum as much as you want (you know who you are )but it’s ALL there in black and white. Just ask and we will show it to you. Don’t you just LOVE the internet!!

I think amongst us we haven’t done too bad a job of piecing things together. We might even get to play ourselves in a reenactment for the bbc

 

[hoodledudle]

Well I think it’s safe to say that unless you sent Mr Nowell your passport/bank statements and proof of earnings, you definitely haven’t got an account with Libertex.

The problem with telling so many lies to so many different people (especially when their savings are concerned) is that you need to stay on top form to remember it all

Blame this forum as much as you want (you know who you are )but it’s ALL there in black and white. Just ask and we will show it to you. Don’t you just LOVE the internet!!

I think amongst us we haven’t done too bad a job of piecing things together. We might even get to play ourselves in a reenactment for the bbc

Anymore disbelievers want to chime in, I mean what more do you need to see? Here's a client who probably admits they made a mistake and didn't do due diligence, saying in this public forum that they was never asked to provide bank statement, passport and proof of earnings.

He's stated to multiple people that he opens an account for you and trades under himself, so in this case Declan just took money off a random stranger he has no idea about.

They also provided a screenshot of a recent conversation with I4U, of them claiming now they have no idea what's happened and they've also had their accounts frozen. So wait, you have no idea what's happened, but told clients the FCA was investigating then told them it actually wasn't the FCA but the banks because a client of yours was scamming.

 

[Pharaoh]

So because the pharaoh is banging on about ponzi it must be a ponzi.
Or maybe by being to big implys that at a guess well over 1000 people involved in investingforu and everyman n his dog trying to get in lol
But no the pharaoh has babbled on alot about what he thinks too big is

Yeah, I've been babbling about Ponzi schemes here since 2008. Guess what? In most of those threads there were people just who love to attack the messenger and ignore the multiple red flags around the scheme.

I'm as gutted as anyone Trust me on that. Am as hard working and decent as the rest.
It's the stolen your money under the pretense of forex trading just doesn't sit right. Call me naive but until further notice can't see it

There may have been some trading at some point, but the profits claimed are beyond the wildest dreams of George Soros and Warren Buffet. Anyone can have a great day trading, but NO ONE averages even 1% per day for 90 days. A significant number of Ponzi schemes do have some money in a trading account, but mos are only a small amount of the total money deposited. Here's a brand new one for my collection:

https://www.cftc.gov/PressRoom/PressReleases/8415-21

"According to the complaint, starting in at least March 2018, Bazzi, the owner of Welther Oaks, fraudulently solicited at least $470,000 from at least 25 pool participants for a commodity pool that would purportedly trade forex. As alleged, in order to entice pool participants, Bazzi and Welther Oaks falsely represented that they had made large profits trading forex; and that pool participants would realize guaranteed profits as high as 15% per month on their funds without losses, and could withdraw their funds at any time. The complaint further alleges that Bazzi and Welther Oaks used only a small fraction of the funds they collected to trade forex and concealed their fraud by issuing false account statements to the pool participants that purported to show trading profits. In addition, the complaint alleges that defendants misappropriated at least $387,000 of participants’ funds to spend on automobiles, jewelry, retail purchases, meals and entertainment and travel for Bazzi."

I'm sure those who joined early and came out ahead are completely floored by the fact that such a small amount was actually traded. I've seen it so many times that I know that either tiny amounts traded or no trading at all is just a standard part of how these scams operate.

Every cent of profit anyone has collected from Ponzi schemes like these was stolen from other people's deposits, not from trading. I post in threads about possible Ponzi schemes because I hate scams like this and want to see them shut down as fast as possible to reduce the damage done. These schemes can leave some victims financially ruined.

If you really want to learn more about the details of how Ponzi schemes work. I've written an article:

Ponzi Schemes and HYIPs - Free Money Traps

Read it and you'll see that Invesing4You is a textbook case.

 

[MikeFair]

Right so none of them screenshots prove you right. You have challenged him.
Sanders has a lil spat with you.
Then the email which I was well aware of BTW but thanks for sharing. I don't know what the crack is there but I have seen a previous screenshot of him saying it wasnt the fca but the banks that froze it.
So like u previously stated was that a outright lie or did he just have it wrong at the time?
I know I can't access my money and I don't really know what's going on but what I do know is you boys have an opinion and there is no guarantee what so ever you are right. You maybe but as it stands today you do not know just like I don't. Of course there is basis but nothing concrete and only an opinion.
You said before in your well said comment tbf about looking at it as an outsider with no connection or monies invested, but I do so the view of it is different

The screenshots show that either Investing4You are representing their FCA authorisation or that clients have been shown documentation or believe Investing4You to have the correct FCA status - they would only believe this if they had seen documentation or Investing4You told them as much.

Many people have had "spats" with me when I've tried to explain the FCA authorisation and told me I'm wrong. As the screenshots show people defending Investing4You have commented about the FCA authorisation and the documentation they have seen or the information given to them.

One can only assume that the clients are not lying - so just what has Investing4You/Declan shown them to make them believe this FCA documentation exists?

You've admitted yourself that you cannot access your money - as such I can assume you are a client.

As other clients have said they have seen FCA information.

What did you see?

---

"So like u previously stated was that a outright lie or did he just have it wrong at the time?"

Maybe he rushed to give up to date information as soon as possible and he was wrong at the time.

Where did he get the impression the FCA had frozen the accounts initially though?

The FCA certainly did not do it.

So who told him it was the FCA?

He had to get the information from somewhere unless he was just in a panic and lied and blamed the FCA?