HSSNA.com: Forex scam that destroys managed forex accounts, milked for commissions

[FalekGrange]

New Information

Hi,
I was using google to look up a name to find dirt on ... the person called "Fast Eddy" here is my POI (Person Of Intrest). What I like to know is if anyone of you ever had any deals with this person in real life? Do you know what he looks like? How much money did you loose on this guy?
(Is he a normal size -lets say 5'9 (176cm), rather fat guy with a grey thin mustage, dresses like a farmer, is a smoker, ...)

Anyway like I said, I'm intressted in this person because my POI has the same name ... The only difference is that my POI is my landlord that just gave me his notice of eviction (he's no longer intending to rent this place to me - his daughter wants to live here) ... So for that reason I was using google to see if I could find some dirt on him that I can use against him.

The chance that my POI is yours aswell is rather big. "What are the chances of having the same POI, with the same name, that lives in the same village, in the same country?" <- The ONLY difference is that my POI has a different address (still in the same village/country).

Anyway, if anyone knows more about this guy let me know ... The more I know, the more I can use against him. I'm more than just pissed off on this guy and every detail will help. After I'm done with this guy he's going to regret renting to me at all.

 

[Trader B]

Well, well... Karma is biting back at 'Fast Eddy'.

Go for it. You should find enough detailed evidence in these posts.

You can also lure him into a trap and involve the police when he is trying to defraud you - it looks like he is still out there scamming victims under different names and websites. The scams are all similar, one that looked like his doing recently popped up from a Dutch (virtual?) address in Amsterdam.

I recommend you contact FXiGoR (earlier post above). He lives nearby and has evidence against him. You can find FXiGoR over at the TSD forum, or should not be difficult to contact him by googling his contact info.

 

[tedlevitt]

It is useless to go to court, If you loose your money in market fluctuations. But if there is any technical mistakes from the company or something like that, I advice you to try.

 

[Pharaoh]

If a company deliberately churns an account for commissions, that's not losing money to market fluctuations.

The FPA already confirmed this one as a scam.

 

[BigT1]

If a company deliberately churns an account for commissions, that's not losing money to market fluctuations.
The FPA already confirmed this one as a scam.

Churning is in the eye of the beholder (that is, the account holder).
When you designate yourself as Speculator, and thereby minimize broker requirements for preservantion of capital, you have agreed to cross the Atlantic in a row boat.
The responsibility for trading activity shifts from the broker to the trader.
.
AI

 

[Pharaoh]

Although there's not a definite line between churning and not churning, egregious cases are pretty easy to spot.

Let me thing. . . . . how to phrase this and not have the FPA end up getting blocked in some uptight country? ? ?

Think of it like "is it art or is it adult entertainment". Few would say the the Venus de Milo belongs firmly in the adult viewing category. Few would say that some film involving seriously underdressed nubile college girls doing amazing things to each other with battery operated devices should be mentioned as part of a middle school level art lesson. Obviously, there's a gray area somewhere in between where the purpose of the creator and viewers perception may be open to debate.

 

[BigT1]

Although there's not a definite line between churning and not churning, egregious cases are pretty easy to spot . . . Obviously, there's a gray area somewhere in between where the purpose of the creator and viewers perception may be open to debate.

Pharaoh,
To quote Supreme Court Justice Potter Stewart in 1964 on hard-core pornography: " . . . is hard to define, but I know it when I see it".
http://en.wikipedia.org/wiki/Jacobellis_v._Ohio
.
AI

 

[Trader B]

Not sure how this thread has become active again from this perspective.

The question of churning or not churning seems rather academic. This type of scamming is a question of deliberately misrepresenting performance results, then harvesting some money before an account crashes, then cut communication with investor. This is in full knowledge that accounts routinely crash, and is a regular routine of (a) hiding poor performance results on websites very quickly, and if this no longer works, (b) move into using a different alias and a different website, and repeat cycle again.

Churning by burning...

 

[Pharaoh]

Yeah, churning was just a small portion of the many problems with this company.