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 [...]

Lewfam Closing ?

We have in our possession a copy of an email which was just sent out to Lewfam clients last night (Dec 3, 2007).
Is this the end of the road for Lewfam or will the office reopen as stated in the email.
 
Dear Member,
As at midnight 3rd December 2008 the LewFam Investment Club website will be suspended [...]

Lewfam: We are still waiting

Lewfam Club has issued another updated to members. In an apparent attempt to keep its promise to members Lewfam issued an update this morning. The short message is shown below.
Dear Members:
We have not yet received the information we were anticipating yesterday, but as soon as it is available we will let you know.
We apologise for [...]

Lewfam publishes new update

Lewfam has posted another update to its troubled members. The update reads as follows
Dear Members,
We wish to take this opportunity to thank you so very much for your continued patience, understanding and support shown in so many different ways.
Please be assured we are working assiduously to procure funds to honour urgent encashment requests of our [...]

Lewfam updates members

It is all unraveling and it is becoming sadder with each passing day. Lewfam has issued an update to their customer. The full contents of the letter can be seen below.
Dear Members;
We apologize for the long wait in communicating with our members. We have been trying to fully understand the situation surrounding all the [...]

Payment Delays and Problems abound

Despite the annoucements of schedules,cycles and policy, the reality is that payment problems persists

May Daisy: There has been delays, stories of changing management and questions of who is in charge.
Olint: There have been delays already people are becoming edgy. The second batch of payments should have be completed on June 26, 2008.
TCI FX: 0% return [...]

How OLINT survived?

There are persons that argued that OLINT could never be a SCAM.  They give basically three reasons.
The first one is, David Smith is Christian man who was a successful trader at Jamaica Money Market Brokers(JMMB). Secondly, the FOREX market is liquid, huge and lots of money to be made once you know what you are [...]

TCIFX.Com no longer points to Lewfamclub.com

Earlier this morning we discovered that tcifx.com was pointing to lewfamclub.com. However, it appear that things have changed and it no longer is happening. The domain tcifx.com now reports the following error, “Bad Request (Invalid Hostname)”.
What we do know is that tcifx.com domain name is owned by  the same company responsible for the development [...]