Sparen scam - police contact
Hi Folks,
Having been involved with this before - I cant emphasize enough at the important at making this well know to authorities ASAP - you never know, they just might be able to do something and to presume otherwise is to accept total defeat now.
You've lost your money - now, at least don't make it easy for Mark.
This is an email I just sent to the Texas ranger Police department in Sugar, Texas (where Mark has an address). I tend to think the police are better to deal with this versus the limp wristed CFTC or NFA - this is crime not a regulatory matter - but the CFTC and NFA will be next port of call for me.
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# TEL: 281.ASK-CITY (275-2489)
# FAX: 281.275.2721
askcity@sugarlandtx.gov
To Whom it may concern:
I wish to report a crime.
It involves Mark Edward Rice.
Image - TinyPic - Free Image Hosting, Photo Sharing & Video Hosting this is his passport.
This is the address I could find:
2618 Fairway Drive, Sugarland, Texas, 77478
This fellow is the head guy behind
Sparen FX Peter or Paul Krause and Mia Z is either an alias, or an accomplice.
I have a colleague that's sent about 3 million of client funds his way, and he says he knows an intitional investor that has 15 million with Sparen FX. I have clients with funds in excess 200k there.
The short story is that the company isnt honouring withdrawal request and hasnt done for months and is not providing any explanation that make sense or are even consistent - its a classic Ponzi - which I assume you understand the term.
Mark is savvy and works through offshore structure and offshore banking accounts.
Unfortunately this isnt a new experience for me.
If you do a google search using the term Sparen FX Scam you will quickly find plenty of claims from folks who havent been paid.
I'll be posting the details of your branch at the Forex peace Army website with a suggestion that folks contact you directly to report this crime, in the hope that you guys can do something to bring this fellow to justice for the crimes he's committing now.
Please can you tender details of the person to whom I should be dealing with.
Kind Regards,
Adam Liddiard
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New Millennium Inc
Forex & Commodity Trading Services
www.new-millenniuminc.com
info@new-millenniuminc.com