Do NOT get scammed by this Mogul "game"

in readyplayerwhat •  7 years ago 

network-marketing-scam.gif

Most of us have seen the 10, no 15 million dollar game being offered by @matttrainer. A little research from other steemians reveal some questionable ethics.

@maxse https://steemit.com/scam/@maxse/scam-or-real-usd10-million-prize-reality-game

@mrssignificant https://steemit.com/news/@mrssignificant/fraud-or-reality

But here's a kicker and the one that should pretty much put this to bed
https://business.highbeam.com/435553/article-1G1-71349595/federal-agents-arrest-former-fund-manager-matthew-trainer

"FEDERAL AGENTS ARREST FORMER FUND MANAGER MATTHEW TRAINER ON MAIL FRAUD CHARGES: INVESTORS LOST AS MUCH AS $2.5 MILLION BEFORE THEY WERE TOLD THE FUND WAS BROKE.(Business)
Article from: St Louis Post-Dispatch (MO) | March 8, 2001 | Gallagher, Jim | Copyright

once seen by investors as a stock market whiz, was arrested on mail fraud charges Wednesday, the U.S. attorney's office said.

Federal agents arrested Trainer at the Atlanta airport as he arrived from Panama, said assistant U.S. attorney Ray Grunder. The U.S. Attorney's office asked that he be held without bail.

Trainer, 30, operated the Hardcastle Hedge Fund from O'Fallon and Wentzville. At least 38 people invested between $1.6 million and $2.5 million in the fund in 1999 and last year.

Last May, Trainer told investors that the fund was broke. He then moved to Panama.

In a telephone interview last week, Trainer told the Post-Dispatch that he lost most of the money trading in the stock market. …"

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