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GTCapitalInvestments.com aka Green Tree Capital and Lyndon Parrilla

Discussion in 'Blacklisted Folder (Unresolved Scam Cases)' started by Scam Investigations Committee, Apr 14, 2011.

  1. Scam Investigations Committee

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    GTCapitalInvestments.com aka GreenTreeCap.com aka Green Tree Capital Investments and Lyndon Parrilla Scam Confirmation

    We the members of the Scam Investigations Committee of the Forex Peace Army have deliberated on all the evidence available to us and have reached a conclusion. It is our opinion that...

    In January of 2011, the FPA began hearing complaints about investors being unable to withdraw funds that had been placed with GreenTree Capital. The complaints continued and 2 FPA traders court cases ended in guilty verdicts when the company failed to respond.

    The CFTC and the FBI conducted parallel investigations. On April 12th, 2011, Lyndon Lydell Parrilla was arrested and charged with fraud. According to the charges filed, he is accused of trading only a small portion of the money in forex and spending a lot of money on other things. These things include about $130,000 for a car and about $950,000 spent at casinos. Statements sent to customers made it look like their funds were being used to trade forex.

    Failure to return money legitimately owed to traders is the FPA's first definition of scam. In this case, My Parrilla has already failed to respond to trader and the FPA over funds not able to be withdrawn and now is charged with defrauding investors out of more than $5 million.

    Under these circumstances, we consider Green Tree Capital to be a scam and Lyndon Parrilla to be a scammer. We offer Mr. Parrilla the opportunity to have this scam finding lifted by meeting these requirements. He and his company must promptly pay all money owed to clients.

    Green Tree Capital is hereby blacklisted by the Forex Peace Army. We urge traders who have invested with this company to contact the FBI and CFTC immediately if they have not already done so.


    We wish thank the many FPA members who have diligently followed this case as well as those who participated in the votes in the FPA Traders Court. We want to give a special thanks to FPA member ReportFXscamsters for bringing the criminal charges to our attention.



    Discussion Thread for this Scam Finding

    Original complaint thread against GreenTree by Traveler

    FPA Traders Court verdict for Traveler's case

    Original complaint thread against GreenTree by Slier

    FPA Traders Court verdict for Slier's case

    FBI press release for charges against Mr. Parrilla and Green Tree

    US Dept. of Justice press release for charges against Mr. Parrilla and Green Tree

    NFA permanently bars Lyndon L. Parrilla from membership

    FPA Review Page for GTCapitalInvestments.com

    Article on selecting a forex account manager
     

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