How did Olint steal your money, and how David Smith planned to get away with it.

From all the information that has been made available, it appears that David Smith really did little or no forex trading in the years prior to 2006 and then in 2007 attempted to create the illusion that he was really a big time trader.
I am of the view that and the end of 2006 and [...]

F1 vs May Daisy (Part 2)

On June 26, 2008, Steve Plamer & F1 investments has filed a lawsuit in a Flordia court against Ingrid Loiten, May Daisy, I Trade FX, LLC, Deutsche Bank Trust Company Americas and Turks & Caicos Banking Co. Ltd.  In part 2 of this article we examine briefly the counts  as stated in the lawsuit.
These are the Counts as [...]

F1 vs May Daisy (Part 1)

In an interesting twist one alternate investment scheme(AIS) or Un-regulated Financial Organisation(UFO) has sued another. This occurred when F1 investments had enough of May Daisy’s failure to pay over sums it had requested. Here are more details on that lawsuit. There are five(5) points of contention

Breach of contract
Civil theft
Conversion
Unjust enrichment
Demand Accounting

Background
Based on the information at [...]

F1 Closes OLINT-traded Gold Fund

F1 Investments is explaining to customers that problems with David Smith Led OLINT has put their GOLD fund in jeopardy.  In a release to members they say that the Platinum fund is not in danger except for the problems that they are having with Ingrid Loiten led May Daisy. Please see the letter below.
July 25, [...]

F1 Investments addresses May Daisy issue

F1 investments who filed suit against May Daisy has now sought to advise its clients of what is happening. Here is a letter sent out to its clients.
Dear Clients
F1 Investments Inc. (F1) has, over the years, achieved good returns for its clients through Foreign Exchange Traders and entities who have had good trading discipline and have exercised [...]