Problem MexBank - MexGroup

[JSCoffman]

Mexgroup

My name is Jeffrey S. Coffman. I am a retired Resident Agent in Charge (Supervisory Special Agent) from the Department of Homeland Security (ICE). I was considered an expert in commercial fraud and I conducted and/or supervised numerous large investigations. I still retain my Top Secret Clearance.

I have been tasked by MEXGROUP to research the facts surrounding the loss of funds in MEXGROUP's FOREX trading. I have talked to the Swiss Attorney and I have interviewed MEXGROUP officials. I have also researched the Swiss banking laws.

What I can disclose is that I have verified that a criminal complaint has been filed on behalf of MEXGROUP alleging wrongdoings on the part of a STP Liquidity Provider.

If you have any questions, I will gladly attempt to answer them. My email address is fraudprevention@mexgroup.com.

 

[stew1art]

mexgroup

hello brothers and sisters. i'm taking an action tomorrow which is supposed to trigger an event between the 9th and the 15th of April. i don't want to upset my own applecart in the meantime, but we're all supposed to know more by the 15th of April. that is to say whether or not "they" are going to settle. they are "supposed to settle or counteroffer" by the 15th, roughly. it was hung up by that translation for a week or two, as you've been told. i will have some things to say about mr. winkler at that time, probably. and i have my own opinions about the whole thing, but i'm going to keep those to myself for now too. as you are aware, someone in chicago has taken legal action, and probably a state attorney is now involved, and you've been asked to cooperate with him and answer his questions. i'm hopeful tonight, after having spoken to my rep. is it true that at least one of you dealt directly with don winkler? i didn't know that was one of his functions. i thought he was a kind of broker between the bank(mexbank) and the reps.

 

[sanantoniotxlaw]

MexBank // MexGroup Scam

Don Winkler is just an escort boy for MexBank. He started off as a private investor himself in the scheme back in 2005. After profits-taking for a little while, he became a promoter himself. He travels to Mexico frequently all expenses paid bringing new prospects to visit the "organizers". Free trips, free room and board, and free wine and dine; he was thrilled!! For Don Winkler, it's a free Mexico vacation every 2-3 months all year long regardless of seasons? Don Winkler is 74 years old; he always preaches Lord Jesus tells him not to eat red meat, so he only eats chicken and fish.

 

[wheelz]

Mexbank //MBFX// mexgroup victims please email

Dear Mexbank victims,

I am trying to get us together to look at our legal position. If there are already those out there that have sought counsel please email me anyway. A joint effort can minimize costs. I am just trying to look at our legal position. If we got scammed, and I'm not saying for sure we did, (I'm uncertain, but losing hope of us getting our money back every day), than we need to take action. Sitting on our butts doing nothing obviously isn't allowing us to feel comfortable. We need to network. I am an investor/victim, like you.

Email me at:

mr_right1983@hotmail.com

fraud, scam

 

[PROCHORUS]

MexBank (MBFX)

We as investors have completely missed the point.

These discussions amount to very little - Making unsubstantiated claims on an anonymous forex blog solves and furthers nothing. If you don’t have credible and verifiable information, don’t put it forth as such. As the situation stands, Mexgroup is either a fraud or it is not—I really don’t have the resources to say. But even if it is not, there are still many concerns for the investor—seems like they may still lose.

I propose that we alter or expand our actions in a way that will accelerate this process. Besides seeking to identify the law firm or liquidity provider (etc. &c.) for verification of Mexgroup’s story, I suggest we try another approach—one that will provide insight should Mexgroup be legitimate, or that will be quite telling if Mexgroup is swimming in the Ponzi pool. How…?

Indemnification.

Eddie T: Frankly I don’t think the maligned Mexgroup investors care much about the legal details of apostilled documents. Nor do they care about the credentials of a hired aid that will somehow confer credibility. They care about their victimhood, not yours—their money was lost and it was last seen in your hands. So really no matter what you do short of making the proceedings public, investors will remain skeptical. Surely you know this, but the PR battle wages on.

Fellow Investors: The whole situation is off base. The investor seems to be pitted against the felonious liquidity provider. While I believe it is yet unspoken, it seems the general feeling, and perhaps unwarranted assumption, is that if litigation fails to recover the investor funds, the investor looses. This is inaccurate. I propose we request a simple thing of Eduardo and management: a contingency plan. If litigation fails to recover x percent of funds, how will Mexgroup indemnify its investors? (Will they?) Indemnity, simply, is restoration; in the legal sense it is to “compensate another party to a contract for any loss that such other party may suffer during the performance of the contract.” I am not a lawyer and am not familiar with the specific contractual provisions of the affected contracts, nor do I know how the pertinent jurisdiction views liability in the event of third party interference. However, Mexgroup investors need to press the question, and notice carefully how Mexgroup reacts.

We don’t care much for the specifics of the legal process. In fact, the energy devoted to keeping us informed—yet so not informed—comes across as plain fishy. Mexgroup: Will you and to what extent will you indemnify your investors if you can’t recover the funds?? You are a large and so very successful financial institution, and allegedly, “The losses are a relatively small portion of the total funds and assets under our management;” the great publicity this would cause not being a function of “the scope or size of the theft.” If this is so, tell us how you will make it up to us if you fail. Or do you have no intention of so doing? I call on you to prove the professional honorableness and worthiness of your institution. It will go a long way for investor relations now, and I am sure it will prove to considering and future investors your highest quality. That’s what we care to know. Give us a written, detailed plan—strategic and tactical. Let us know exactly what will happen in any provision…and help us believe you. Or can you not do this?? I believe this is an “extremely reasonable” request?
If you agree with me, please contact Mexgroup with just such a request.

Until again I remain,

Very truly bereft of my money,

Prochorus

 

[PROCHORUS]

MexBank (MBFX)

We as investors have completely missed the point.

These discussions amount to very little - Making unsubstantiated claims on an anonymous forex blog solves and furthers nothing. If you don’t have credible and verifiable information, don’t put it forth as such. As the situation stands, Mexgroup is either a fraud or it is not—I really don’t have the resources to say. But even if it is not, there are still many concerns for the investor—seems like they may still lose.

I propose that we alter or expand our actions in a way that will accelerate this process. Besides seeking to identify the law firm or liquidity provider (etc. &c.) for verification of Mexgroup’s story, I suggest we try another approach—one that will provide insight should Mexgroup be legitimate, or that will be quite telling if Mexgroup is swimming in the Ponzi pool. How…?

Indemnification.

Eddie T: Frankly I don’t think the maligned Mexgroup investors care much about the legal details of apostilled documents. Nor do they care about the credentials of a hired aid that will somehow confer credibility. They care about their victimhood, not yours—their money was lost and it was last seen in your hands. So really no matter what you do short of making the proceedings public, investors will remain skeptical. Surely you know this, but the PR battle wages on.

Fellow Investors: The whole situation is off base. The investor seems to be pitted against the felonious liquidity provider. While I believe it is yet unspoken, it seems the general feeling, and perhaps unwarranted assumption, is that if litigation fails to recover the investor funds, the investor looses. This is inaccurate. I propose we request a simple thing of Eduardo and management: a contingency plan. If litigation fails to recover x percent of funds, how will Mexgroup indemnify its investors? (Will they?) Indemnity, simply, is restoration; in the legal sense it is to “compensate another party to a contract for any loss that such other party may suffer during the performance of the contract.” I am not a lawyer and am not familiar with the specific contractual provisions of the affected contracts, nor do I know how the pertinent jurisdiction views liability in the event of third party interference. However, Mexgroup investors need to press the question, and notice carefully how Mexgroup reacts.

We don’t care much for the specifics of the legal process. In fact, the energy devoted to keeping us informed—yet so not informed—comes across as plain fishy. Mexgroup: Will you and to what extent will you indemnify your investors if you can’t recover the funds?? You are a large and so very successful financial institution, and allegedly, “The losses are a relatively small portion of the total funds and assets under our management;” the great publicity this would cause not being a function of “the scope or size of the theft.” If this is so, tell us how you will make it up to us if you fail. Or do you have no intention of so doing? I call on you to prove the professional honorableness and worthiness of your institution. It will go a long way for investor relations now, and I am sure it will prove to considering and future investors your highest quality. That’s what we care to know. Give us a written, detailed plan—strategic and tactical. Let us know exactly what will happen in any provision…and help us believe you. Or can you not do this?? I believe this is an “extremely reasonable” request?

If you agree with me, please contact Mexgroup with just such a request.

Until again I remain,

Very truly bereft of my money,

Prochorus

 

[Pharaoh]

To reference your Madoff's comparison, this could never be a ponzi scheme.That much has been verified but associates of mine. I am not at liberty to give any details but it's CLEAR to me that it isn't. You were right in saying the bank that did this to us was having financial problems and possibly still does, but where in any email have you seen the name of which financial institution has done this, or have you just HEARD someone mention a name of some bank? I question that up front.

I question anyone who says that something is "verified" to not be a Ponzi scheme, but won't give details. Surely evidence that something is legal shouldn't be confidential.

We had at least one guy in our forums saying that he'd been to CRE Capitol's offices and he was very sure they weren't a Ponzi. He never posted again after they were busted by the authorities - for running a Ponzi scheme.

I'm not saying if Mexbank is or isn't a Ponzi, but a reassurance like this means nothing.

 

[sanantoniotxlaw]

MexBank // MexGroup // MBFX // Whatever ??

Hello, Stew1art,

If you know for sure the Illinois State Attorney is leading this investigation, please have him contact me at once. I have vital information he might want to know. My email address is sanantoniotxlaw@yahoo.com. Thanks.

Hello, fellow investors,

Did anyone try to respond to this "JSCoffman"? He claims he has answers. He talked to Swiss attorneys and interviewed Mexbank officials -- What does he know about all this?

hello brothers and sisters. i'm taking an action tomorrow which is supposed to trigger an event between the 9th and the 15th of April. i don't want to upset my own applecart in the meantime, but we're all supposed to know more by the 15th of April. that is to say whether or not "they" are going to settle. they are "supposed to settle or counteroffer" by the 15th, roughly. it was hung up by that translation for a week or two, as you've been told. i will have some things to say about mr. winkler at that time, probably. and i have my own opinions about the whole thing, but i'm going to keep those to myself for now too. as you are aware, someone in chicago has taken legal action, and probably a state attorney is now involved, and you've been asked to cooperate with him and answer his questions. i'm hopeful tonight, after having spoken to my rep. is it true that at least one of you dealt directly with don winkler? i didn't know that was one of his functions. i thought he was a kind of broker between the bank(mexbank) and the reps.

 

[charlyt]

Mex bank is not a bank

Hello everyone, I am sad to say, but Mex bank is not a registered financial institution here in Mexico.

this World Trade Center Offices are in fact a small virtual spaces down in the WTC tower in Insurgentes. You should be very carefull

The only way of recovering losses is reportint this problem to the Mexican Banking Comission (that in fact is one of the toughtest in the world) going to the following link .

[A011] Portal de Internet CNBV

The CNBV is the most difficult authority down here. you should be really carefull with this kinds of companies.

 

[charlyt]

Hello everyone, I am sad to say, but Mex bank is not a registered financial institution here in Mexico.

this World Trade Center Offices are in fact a small virtual spaces down in the WTC tower in Insurgentes. You should be very carefull

The only way of recovering losses is reportint this problem to the Mexican Banking Comission (that in fact is one of the toughtest in the world) going to the following link .

[A011] Portal de Internet CNBV

The CNBV is the most difficult authority down here. you should be really carefull with this kinds of companies.

In terms of the size of this company, you have to understand also that the rent for the office at the world trade center is about $1,200.00USD, so you can now imagine Mexbank is a fake, a normal bank here pays normally $250,000.00 monthly for office space, this company is a fraud as Popbox Mexico. be very very carefull, report this to banking comission in Mexico.