4SqA.com and Danny Wall, the Master of Stall
FPA member Vincam thought his forex investment was a sure thing. It was supposedly a “guaranteed pool” run by Danny Wall of 4 Squared Analytics. All went well until Vincam requested to withdraw $1000 owed to him. Vincam reports that after complaining to Danny for a number of weeks, he either got excuses or no response at all.
The excuses got to be interesting. One of the best was when Danny claimed that his daughter hired an assistant who ran off with the money. No one ever saw a copy of a police report associated with this. Danny later claimed that money was on the way and could only be sent by certified mail. Deadline after deadline was missed.
We might have asked Tessa to hold off a week or two longer, but it appeared that Danny Wall was actively pursuing more funds for what looked to us like questionable investment schemes. We felt we had no choice but to declare Danny Wall to be a scammer and 4SqA to be a scam.
There is no such thing as a guaranteed fund in forex. All managed forex accounts have the potential to lose money. Anyone who says otherwise is either misinformed or a scammer. If someone wants prove us wrong on this, give us investor access to a live account with at least 2 years of active trading with no losses and we will take a look.
If you are considering any form of managed forex as an investment, we strongly recommend reading these two articles first...
We warn all traders to avoid any form of managed forex that claims to offer guaranteed returns. We warn all traders against placing any money with Danny Wall or any companies and websites associated with him. At this time, we know he is linked to 4SqA.com, TradingStrategiesMag.com and DannyWall.com. We recommend anyone who has money with him try to get it back now. If you encounter any trouble with this, we recommend you file fraud complaints with the proper authorities. We recommend contacting the CFTC, the SEC, and the NFA for a start.
FPA Scam Finding against 4SqA.com and Danny Wall
Original complaint against 4SqA.com and Danny Wall by Vincam
FPA Review Page for 4SqA