F1 investments
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F1 investments
Hi,
Has anyone actually been paid back their capital from F1 six months after the have stopped.....or have they actually stopped trading the money?
Everytime I contact them they say I am not on this weeks list!!
Has anyone actually been paid back their capital from F1 six months after the have stopped.....or have they actually stopped trading the money?
Everytime I contact them they say I am not on this weeks list!!
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Me think you can wait for an very longgggggggggggggg time. Ever heard about a ponzi scheme. Try to google it. While you, re at it, try googling F1 investment. Is some similarity there
.
Don,t no **** about investments, but when its to good to be true...................
.Don,t no **** about investments, but when its to good to be true...................
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Yawn! sanddude. Thanks for your keen observations. A little off topic though.
Wouldnt be surprised if the money is either lost longtime ago or is still being invested by the owners
Wouldnt be surprised if the money is either lost longtime ago or is still being invested by the owners
Last edited by Payscale; 6th Jan 2009 at 17:54. Reason: understanding
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Yeah, I am also waiting for my money.
Still, I don't think its a ponzi scheme. I did google F1 Investments and makes for some interesting reading......just highlights the lack of knowledge out there. People don't seem to understand how the FX market works and can't comprehend 100% plus returns.
I had a good chuckle at the mention of the fact that members of such funds often have no legal recourse.......tell that to investors in the highly regulated US market who were invested in the Madoff fund.....they got plenty of legal recourse but it ain't gonna help them jackschmit!
I hope they didn't pinch my money but I went into it with my eyes open and am prepared to lose the money
Still, I don't think its a ponzi scheme. I did google F1 Investments and makes for some interesting reading......just highlights the lack of knowledge out there. People don't seem to understand how the FX market works and can't comprehend 100% plus returns.
I had a good chuckle at the mention of the fact that members of such funds often have no legal recourse.......tell that to investors in the highly regulated US market who were invested in the Madoff fund.....they got plenty of legal recourse but it ain't gonna help them jackschmit!
I hope they didn't pinch my money but I went into it with my eyes open and am prepared to lose the money
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Amen... He didnt loose my money. I went into an investment knowing that I might loose everything. Didnt even know him when I signed up. However the boat was sinking when i sent my savings, and they shouldnt have taken more clients.
I dont see us getting the platinum capital anytime soon
I dont see us getting the platinum capital anytime soon
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Payscale,
You still don,t get it. Of course they will take your savings, thats what prevents the boat from sinking! Thats the basic principle of a ponzi Scheme my friend.
Anyway with predictions of 5 to 10% returns A MONTH, you must have realised you where not making an investment, but was just trying a (hopefully) small gamble, just for the hell of it
.
No need to identify our jamaican friend (nice guy anyway), he is most probaly a victim himself. Only yourselfs to blame gentleman. Greed has never been a good adviser
. just don,t tell your wife
, and all will be allright!
You still don,t get it. Of course they will take your savings, thats what prevents the boat from sinking! Thats the basic principle of a ponzi Scheme my friend
.Anyway with predictions of 5 to 10% returns A MONTH, you must have realised you where not making an investment, but was just trying a (hopefully) small gamble, just for the hell of it
.No need to identify our jamaican friend (nice guy anyway), he is most probaly a victim himself. Only yourselfs to blame gentleman. Greed has never been a good adviser
. just don,t tell your wife, and all will be allright!
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Hi guys,
Sanddude......very astute.....thank you.
I went into the forex market knowing the risks......I have even started trading myself. The problem is not the "market" risk, but the simple theft of our money!
I went in to this based on word of mouth recommendation of my colleagues, one of whom is apparently involved! If I cannot trust the opinion of my peers, who should I trust? Perhaps those financial advisors that bug me every time a mate of mine joins the company
What I am getting at is that I think maybe we should approach this matter collectively. Payscale, do you have any ideas how we can create a list of affected people, so that we can at least create a group of people that have a vested interest......I don't believe the "I told you so clan" will be able to contribute.
I have said before that legal recourse means nothing, but theft is still a criminal offense and we can try make the world a smaller place for these people.
Sanddude......very astute.....thank you.I went into the forex market knowing the risks......I have even started trading myself. The problem is not the "market" risk, but the simple theft of our money!
I went in to this based on word of mouth recommendation of my colleagues, one of whom is apparently involved! If I cannot trust the opinion of my peers, who should I trust? Perhaps those financial advisors that bug me every time a mate of mine joins the company
What I am getting at is that I think maybe we should approach this matter collectively. Payscale, do you have any ideas how we can create a list of affected people, so that we can at least create a group of people that have a vested interest......I don't believe the "I told you so clan" will be able to contribute.
I have said before that legal recourse means nothing, but theft is still a criminal offense and we can try make the world a smaller place for these people.
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Kenny - I am not involved but I think your plan may work. Email all the pilots and get a group going and then contact F1 with that list. Make a LOT of noise, threaten legal action, going to the newpapers etc. They may pay you back just to shut you up. If it is a scheme you'll want to get paid back first before the money or the thieves disappear.
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Hey Kenny, Nobody stole your money, you gave it to them willingly to invest and it died!! Sounds like the second oldest profession in the world to me. You gambled and lost. What judge will look on it otherwise? By going the legal route you will spend more hard earned cash and get nowhere. Next time remember if it sounds too good to be true.......
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Thanks you Sanddude...its much clearer to me now.
To all of us you did invest, we know where the money went, and thats the shame off it. I wasnt bad forex investment, but crime. Or so we are told.
Anyway. I started the thread not to get good advice and I Told You So crab.
I see if someone else has been paid. I hope he enjoys his Tiger Woods mansion...if they build it!
There is a yahoo forum about F1s happy customers...
To all of us you did invest, we know where the money went, and thats the shame off it. I wasnt bad forex investment, but crime. Or so we are told.
Anyway. I started the thread not to get good advice and I Told You So crab.
I see if someone else has been paid. I hope he enjoys his Tiger Woods mansion...if they build it!
There is a yahoo forum about F1s happy customers...
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Payscale,
Not playing the "I told you so". Just wanna show the guys that with a bit of googling and research ( took me 5 min at the time) you can prevent yourselfs of being a victim of crime.
The guy behind the F1 investment has been a very well know type in jamaica for years. The jamaican SEC didn,t allow him to trade and took away his licence already years ago. Thats why he is trading from some ****ty island somewhere else in the carib.
The guy has been on the front pages in jamaica for years. No point in starting to get a EK victim list and get it into the news, because its old news. It was all on your fingertips, why not take 5 minutes before you put your hard earned dirhams into something.
This is the reason EK has the provident fund, and gives us the free session with mondial. There are a **** load of guys out there with no financial education and background. They should stick to the provident fund or start educating themselfs!
Thats all it is to it.
Anyway would not surprise me if they pay out one or two guys to keep the rest hopeful.
Not playing the "I told you so". Just wanna show the guys that with a bit of googling and research ( took me 5 min at the time) you can prevent yourselfs of being a victim of crime.
The guy behind the F1 investment has been a very well know type in jamaica for years. The jamaican SEC didn,t allow him to trade and took away his licence already years ago. Thats why he is trading from some ****ty island somewhere else in the carib.
The guy has been on the front pages in jamaica for years. No point in starting to get a EK victim list and get it into the news, because its old news. It was all on your fingertips, why not take 5 minutes before you put your hard earned dirhams into something.
This is the reason EK has the provident fund, and gives us the free session with mondial. There are a **** load of guys out there with no financial education and background. They should stick to the provident fund or start educating themselfs!
Thats all it is to it.
Anyway would not surprise me if they pay out one or two guys to keep the rest hopeful.
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With regard to the collective legal route I would be cautious about throwing good money after bad. Was involved on the wrong side of a property scam here in Dubai (Maz Actar) and although he ended up in jail we never saw a penny back. Its so slow, difficult, and the money's probably well hidden by now"in any case.
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Still, I don't think its a ponzi scheme. I did google F1 Investments and makes for some interesting reading......just highlights the lack of knowledge out there. People don't seem to understand how the FX market works and can't comprehend 100% plus returns.
Unfortunately, stuff like this is low priority in the ME legal systems unless you are a sheikh!
There is way too much of this happening out here.
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People don't seem to understand how the FX market works and can't comprehend 100% plus returns.
V
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Hey jack,
Actually, they did steal my money. I am quite afay with the concept of risk, and I don't gamble.
Your assertion that I gave them my money and it died is nonsense. It is akin to saying that a girl in a sexy dress deserves to get raped. Maybe the investment is controversial, however, that does not give them the right to just up and dissappear with my funds.
Fact is, I have written off that money, but that does not mean that I should let them get away with theft.....my friend, that is not how we operate in a civilised society. All it takes for evil to triumph is for good men to sit back and do nothing.
I also do not seek investment advise from you guys. I have my own ideas about investment and use of risk capital.......and it clearly differs from your point of view.
As a matter of interest, I find that people that use the term "If it sounds too good to be true, then it usually is...", when they have run out of intelligent answers in a debate. I'm sorry, but I don't measure my investments by the idea that it is just crappy enough to be true.........
I have no intention of throwing good money after bad.....I have criminal pursuit in mind and that does not need to cost an arm and a leg, but it does take a bit of effort.
sanddude has a point when he says that I(we) could have avoided the problem with a bit more due diligence......all my investments produce returns......either in the form of cash, or in the form of experience. No-one ever said the school of life was cheap.
Actually, they did steal my money. I am quite afay with the concept of risk, and I don't gamble.
Your assertion that I gave them my money and it died is nonsense. It is akin to saying that a girl in a sexy dress deserves to get raped. Maybe the investment is controversial, however, that does not give them the right to just up and dissappear with my funds.
Fact is, I have written off that money, but that does not mean that I should let them get away with theft.....my friend, that is not how we operate in a civilised society. All it takes for evil to triumph is for good men to sit back and do nothing.
I also do not seek investment advise from you guys. I have my own ideas about investment and use of risk capital.......and it clearly differs from your point of view.
As a matter of interest, I find that people that use the term "If it sounds too good to be true, then it usually is...", when they have run out of intelligent answers in a debate. I'm sorry, but I don't measure my investments by the idea that it is just crappy enough to be true.........
I have no intention of throwing good money after bad.....I have criminal pursuit in mind and that does not need to cost an arm and a leg, but it does take a bit of effort.
sanddude has a point when he says that I(we) could have avoided the problem with a bit more due diligence......all my investments produce returns......either in the form of cash, or in the form of experience. No-one ever said the school of life was cheap.
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Sanddude...
One question only... WHO is the owner of F1? and can you prove it? Its not the same as Olint...or is it? Show us your googleing expertise and why are there so many jamaican pilots investors if it common knowledge on the island that they are crook???
Payscale
One question only... WHO is the owner of F1? and can you prove it? Its not the same as Olint...or is it? Show us your googleing expertise and why are there so many jamaican pilots investors if it common knowledge on the island that they are crook???
Payscale