Finanzas Forex recently sent out a communiqué, advising everyone that thay have nothing to do with GrupoSafengo.com, apparently an investment website. On their “Terms and Conditions” page, GrupoSafengo states that they are listed commercially as “Evolution Market Group, inc”. It seems like Safengo is registered with that name in Colombia, while FFx is registered in Panama… It’s strangely suspicious that Grupo Safengo would want to use the exact same name of a company that does the exact same thing they do. Reminds me of the “Abibas” shoes they sell at the flea market.
Finanzas Forex has been up to alot lately. They’ve lately required that every investor revise and sign a contract, and it’s rumored that they already have aquired a bank, and will finally have a defined place to send money to. It’s also rumored that Finanzas Forex is going to close itself off to new investors, and create a satellite company that will have all of the licenses needed to operate in the countries around the world (As of now, Colombians can’t sign up due to legal issues).
Although it’s annoying to have to sign a contract, and keep up on which country can and can’t sign up, it’s also reassuring. FFx is playing by the rules, which implies that they’re actually in the game. Every day I have less and less doubt that it’s a scheme. So far, I can’t complain. I’m coming up to the six month mark, and my investment seems to have paid off. Already people I know have taken out their original investment, and I’ve been able to withdraw without too much incident.
FFx or not, it’as always good to diversify. I recently bought stock in Calypso Wireless, a publicly traded company that has several patents in cell phone technology. Their big one is a patent on the technology that allows them to switch from the cell network to wifi seamlessly. T-Mobile is infringing on their patent. Last week, Calypso Wireless filed a lawsuit with them with the Williams Kherkher Law Firm, possibly the most powerful legal team ever (they hold the record for winning the largest settlement in the universe). The stock has jumped from two cents to four, and is rumored to hit 25 cents over the course of several months.
So i’m in. I’ll see what happens.
so you still didn't figure out that Finanzas Forex is a scam?
Why is it a scam? Well, besides the fact that people haven't been able to get their money for a year now and besides the fact that every single such "Forex" operation eventually turn out to be scams, the basic premise is faulty: it's impossible to maintain such returns on investment without using the money of new investors. One's virtual profits may grow, but essentially it's your plain old pyramid game, a Ponzi if you wish, which is also why the banks won't touch them and why Crowne Gold and 100s of others at the same time had their accounts frozen by the American authorities. As long as they kept a low profile and stayed out of US, which they were careful to do, things kinda worked, because people were not cashing out, but the minute they started peddling their nonsense in the US the house of cards collapsed and no amount of sweet talking will change that. Unless of course all the suckers are fooled into leaving their "money" in and new fools keep coming, but even with that, extremely optimistic scenario, every pyramid game is intrinsically doomed from the getgo