Print the value of index0
  • Report:  #746311

Complaint Review: Stock Market Funding

Stock Market Funding SMF.com, stockmarketfunding.com, Mario Marciano and Stock Market Funding Scam Henderson, Nevada

  • Reported By:
    SMFscam — Henderson Nevada United States of America
  • Submitted:
    Tue, June 28, 2011
  • Updated:
    Tue, June 28, 2011

This was the biggest mistake I have made in quite some time.  I had a feeling that SMF was a scam but I was doing my free 5 day trial at an earnings and made some money on AAPL and that was the last money I made.  A lousy $500 sucked me into the trap and now I am out approx $35000 dollars. 

Mario Marciano, Rick Gully, Brian Plain, and I hate to say it but Ken Flagg are all apart of this scam.  Clicking on the videos on Youtube was a huge mistake and falling for Rick saying that Mario was the king of trading, that he was a 30 year floor trader on NYSE, that I would make a TON of money, etc.  was all a set up for this 5 day trial.  When I joined there was about 15 people in the group and so it was deceiving.  I had numerous people saying they were making money but that was only on the demo account that gives you better entries and better exits.  Of course you are going to make money.  But when it came down to the real live trading there is only one person still in the group. Everyone else has lost ALL of the capital they put into SMF.  His platform is an M4 platform that anyone can get, Google it and you will see.  His system doesn't work because if you follow his "Half Bar entry/exit" method you will run through a ton of money even before the trade goes your way.  Then Mario will say you are over trading.   Its a joke.

 Mario will gamble with your money because he assumes no risk.  If you are the person taking all of the losses then why should he care if the trade is a gamble? Its the same as someone waiting until there has been 10 red numbers on Roulette and then having Mario say put $2000 on black and if it hits I am taking $800 but if it goes red again you take the loss.  He says, "we are long,"  "we are short" whenever the market is going in that direction.   He makes claims to HUGE GAINS but there has not been one trade I have seem where he makes anyone money.  When new people come into the room others involved in  the scam will call out trades but they are not trading with real money.  It is either on paper or in a demo account.  Rick Gully is a perfect example of this, as well Scott Shubeck but he is no longer in the group.  I guess he has moved onto the other group of traders.  Oh yeah there is NONE!!! Mario says there is another group of senior traders.  Ask to speak to one of them.  He will have a person Ron come into the room and talk a bunch of crap.  Listen if you read all of the other reports there are TOOOO many similarities for all of these people to be lying.  If I had read this Rip-off Report before I paid I would have never joined.  I made the mistake of trusting these people and feel very dumb in doing so.  

His address that is associated with SMF is a PO Box in Henderson, NV.  All of the emails from Rick, Brian, Scott, Mario have had there IP addresses hidden.  His cell phone is from Oregon and the SMF Trading desk number is a land line from Las Vegas.  The NYSE has no record of there ever being a trader by the name of Mario Marciano.  All tail tell signs of a scam and that is direct from the FBI's mouth.  When I contacted them about SMF I told them everything I knew about the companies and the FBI asked questions like, "can you see the IP address of the person sending you emails?"  "Do you know if the address the company uses is an actual physical address?"  When the FBI and myself went through these to verify if the IP addresses are where the people say they are from or if the physical address was a PO Box, the FBI did tell me that the IP addresses were in fact hidden and the Henderson address is a PO Box.  It is in your best interest to just stay away from Stock Market Funding it is a total scam and they will eventually be held accountable for their actions.
 
I have spoken to couple different individuals who are interested in taking legal action against Mario and Stock Market Funding.  I have also spoke to 3 lawyers who say that there is a potential case against SMF and everyone who is involved.  I am organizing a class action law suit against Stock Market Funding and if you have been scammed by Mario Marciano then please contact me at (((email rerdacted))) do not hide your IP address or your email will not be answered.

CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.

Respond to this Report!