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jago

Victim Of Ponzi Scheme... But Is That The Whole Story?

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I lost my life savings supposedly to a ponzi scheme a couple of years ago. That is the official explanation from the FSA (FCA) who quote that funds were lost due to conspiquous consumption of the company owner. The 15 other employees have been unaffected while the main guy is expected to go to jail next year.

However:

- the lavish lifestyle of the company owner was £100,000's and the missing funds are £millions.

- the trading history of the investment accounts has been censored from the liquidator who has been unable to check activity on the brokerage accounts.

Is it possible that funds may have been moved via brokerage accounts? Perhaps assets could have been transferred by microcap mispricing or transfer mispricing?

( http://en.wikipedia.org/wiki/Transfer_mispricing )

How else could these brokerage accounts have been misused?

I appear to be the only investor to have noticed this massive hole in the criminal investigation. Perhaps they were distracted by the reports of wild personal spending of this guy who is expected to be going to jail next year. I have also been prevented from contacting other investors who got burnt.

It all doesn't sound quite right to me. I've seen ponzi schemes but it seems like we're not getting the full picture here.

I am waiting for the criminal court case to conclude. At that point I will start to try to find out why the other people involved have been left unharmed and try to find out more on those brokerage accounts.

Where can I get more info and help?

How can I contact other investors?

Bring on the conspiracy theories?

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I lost my life savings supposedly to a ponzi scheme a couple of years ago. That is the official explanation from the FSA (FCA) who quote that funds were lost due to conspiquous consumption of the company owner. The 15 other employees have been unaffected while the main guy is expected to go to jail next year.

However:

- the lavish lifestyle of the company owner was £100,000's and the missing funds are £millions.

- the trading history of the investment accounts has been censored from the liquidator who has been unable to check activity on the brokerage accounts.

Is it possible that funds may have been moved via brokerage accounts? Perhaps assets could have been transferred by microcap mispricing or transfer mispricing?

( http://en.wikipedia.org/wiki/Transfer_mispricing )

How else could these brokerage accounts have been misused?

I appear to be the only investor to have noticed this massive hole in the criminal investigation. Perhaps they were distracted by the reports of wild personal spending of this guy who is expected to be going to jail next year. I have also been prevented from contacting other investors who got burnt.

It all doesn't sound quite right to me. I've seen ponzi schemes but it seems like we're not getting the full picture here.

I am waiting for the criminal court case to conclude. At that point I will start to try to find out why the other people involved have been left unharmed and try to find out more on those brokerage accounts.

Where can I get more info and help?

How can I contact other investors?

Bring on the conspiracy theories?

You'd have to look at all the trades to see who was on the other side to see if a pattern emerged by which one counterparty was consistently winnning. Unlikely, but possible. Unless the sum you lost was huge, may not be worth it (you'd need a lot of experts).

bet the regulator never looked at that angle...

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