I think the funds will have been used to lure the next batch of us mugs under a different scheme name.
GCW, Swisspro, Magna, Ultra, Ardu, CWM, Pellucid, Libra, Denaro etc etc.
I spoke to a GCW shareholder, who took legal action against them, in 2019. He told me that the police were investigating then. So depressing that nobody has faced justice yet.
No. I'm invested with one of the other schemes. The owners of UTS were all involved with Swisspro Asset management which has been discussed on here before. UTS are still paying out. AP, on the face of it look legit. Looking deeper, they are the same company as Aubit /Freeway. Also, the industry...
Anybody invested in UTS who trade Forex through Ardu Prime ?. Both appear questionable and UTS are owned by people involved in other schemes that are under investigation.
I wasn't invested personally. Last time I heard there were several hundred creditors who were due multi millions in returns and hadn't received them. There also didn't seem to be any legal consequences for the two in charge. In fact one of them appears to be a "respected" member of the financial...
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