I don’t know if you read one article that I posted some time ago about what I considered a new strategy from scammers, please take your time to read it here

I don’t know if PeterB read my post to get the idea but I think that he is using the same strategy to scam all his investors.

It’s an intelligent method to scam people and be out of jail, and of course most of the investors will try to keep their mouths closed hoping to receive their funds, although they will not gain a profit with it.

So, a scammer can make profit with the funds of the investors while he is only returning the original deposit from time to time. And even he can be considered a hero saving the funds with some excuses without a proof: e-gold hacking, change in laws, SEC, etc…

If a scammer tells you one of these excuses please: TRY TO GET A PROOF!!, I am sure that these scammers will not show you a real proof of hacking or something like that. In this example with Club-FX, PeterB has not showed a real proof (and what he showed seems to be a false e-gold screenshot without more explanations) , he has not opened the Forex account in read-only mode to show all his investors some proof of trading or history in this bad situation: NOTHING.

Is it difficult to let the investors enter as read-only to see if he was getting 20% monthly as he was claiming or anything else?: NO

Perhaps it was only a bad Forex Trader who lost a lot of money and this is his solution to recover the funds. Who knows…

But… do you really think that he is telling the truth?

You can read the last news in the Forum of Life-Holdings website, he will pay a profit even to members that will be refunded:

Hello,

Regards,
Dan

Although I am not an investor in this reliable program (I have been successfully refunded yet) I  am thinking to invest here in the future again. I hope Dan will be able to fix his problems with the bank and legalizing his program

Finally they were not investing in real state or travel agencies. According to SEC they were investing the members’ funds in other hyips or autosurfs!

You can read the official SEC file against CEP Holdings in this link:

 http://www.sec.gov/litigation/litreleases/2007/lr20191.htm

My experience trading Forex these months (from December until now) hasn’t been so bad. As it occurs with many people when they trade with real money, I began very well and then I lost my money (few money after all).

Now my trades are so much better and I am gaining some money trading in this Forex market. My financial situation is not good and I need some more money to trade, so I requested my principal deposit from Life-Holdings: I must tell you that I received this refund in only some days (Thanks a lot Dan), so I have deleted this program from my portfolio. I hope to invest later again in this reliable program.

And my money into FxPool (the other program in my portfolio) has been used to pay a part of the legalization process. Now I haven’t money invested in any program (only remains a few amount into FxPool) and I am only learning more and more about Forex and trading as much as possible.

If you want to learn about Forex, I recommend you to follow what Jude is posting in his Forex Blog, you can see a link in the header of my Blog: NobsForex

Wish me luck with my trading