Recent content by NextGen4FX

**UPDATE** All information was forwarded to the CFTC today including account statements, video, screenshots and more. Good luck to you Vern!

According to some detail I did manage to get, this is not the first incident in which a brokerage had recently been taken by these two con artists. There were no details on what other brokers etc but Vern and Co. are in deep. I was told not to go into too much detail as to what is going to...

The ball is officially rolling and Vern is about to burn in the courts. I now have a 3pm meeting tomorrow with a Senior Trial Attorney with the CFTC from the division of enforcement! Bye bye Vern...

**UPDATE** Looks like things are moving forward. I was contacted by a nice lady from the CFTC of whom took statements from myself and two of our traders. We will be having a phone conference on Tuesday 1/22/2013.

I guess if you can't hide in the sunshine you hide in the sticks right? :rolleyes:

Hello Pharaoh, Vern will not come here and post in his defense because everything described in this thread is true to the point. We did receive word that Vern is in fact in Minnesota and this whole thing is about to really start knocking at his front door (figure of speech). I hope he is...

Just received a call from a Deputy Sheriff in Minnesota informing me that I should contact an attorney before having any further discussions "with" Vern Hedquist. He was very nice by the way. Vern, lets get this straight.. I have not spoken with you or had any other form of communication...

Hello Everyone! After a nice trip to the offices of FX Direct Connect LLC we are posting our findings here. Our communication first began at the plaza in which their suite was located on Las Olas BLVD. This location turned out to be a business called "The Mailbag" in which their owner...

We got a camera :) . This is going to be interesting as we just received word that they have abandoned that office after reading our post here about going to Florida. Interesting? We are still going Vern and that will not be the only trip we'll be taking since its not the only address we are...

**UPDATE** We will be flying down to Florida on Friday along with one of our clients to visit the office of FX Direct Connect LLC. I will let everyone know what happens when we return.

I never heard of Vern Hedquist prior to this. Seems that from research he has a bad reputation along with Frank Conlin and Rick Young from the Global One disaster.

If this is the same Tom Green I am thinking of, he has run several investment scams in the past that have cost people tons of money. A friend of mine had almost $100k in a payment processor called UGOTCASH years ago in which everyone funds disappeared overnight. He left people hanging high and...

Received a reply by phone from the SEC after they received our Email and FAX on Friday. Apparently the SEC does not have anything to do with Forex liquidity and they called it "the grey area" of the law that really has no regulation. They said that if we believe a fraud was committed, the CFTC...

Hello Pharaoh, The paperwork is being filed with the CFTC today as a formal complaint. I was just on the phone with them getting the complete process to file a complaint. We are just waiting on some of our clients to respond to our email to have them send us a written statement to send...

We have been doing business with SpartanFX (TradeForexOffshore.com) for well over a year. Starting a few months ago we began seeing anomalies on their MT4 platform, such as the platform disconnecting when the markets were volatile (only after you entered a position), gaps in the charts which...