Anyone on here invest in his punting club?
It is worrying that 'respected' members of the community- lawyers, policemen, judges, sport stars believed him when he spruiked he has a system and returns are 40%.
Hate to say it- but if that doesn't scream Ponzi to you, you deserve to lose your money........or give it to me.
If it is true that judges were investors, they should be struck from the bar immediately as all judgements they make cannot be taken seriously.
Why should it be worrying that professionals invest in this ? we're not all wage slaves like yourself looking over their shoulders worrying what the bosses are seeing on the surveillance video.
My home town had about 600 members, many i know. i tried to get into it but was refused luckily, some people have lost millions, am i sad for them, no....i know it's loose change for them and just a hobby to most so it's no great lose. some clowns borrowed against their homes, now that's sad and just plain stupid. As you mention the returns were just amazing, anyone with some common sense going into it knows it's high risk. I'd planned on putting $50k in but was refused, if i lost it would not hurt. my pride may be dented but it's only money and readily available if you're intelligent enough.
jafflemaker, you do talk sh1t.
Edited by Codboy, 11 December 2013 - 02:03 PM.