- Report: #1032523
Complaint Review: 4xisland - Salt Lake City Utah
-
Author Confirmed
Why?
4xisland
www.4xisland.com Salt Lake City, Utah, U.S.A.
Web:
N/A
Categories:
Business Rating:
(0)
Tell us has your experience with this business or person been good?
4xisland 4XIsland Scammers, Lost 3 Million Dollars with their system!!!! Allen Nielson being investigated Salt Lake City Utah
I am a professional trader out of california a few years ago i invested a large sum int a company called Pig 4 X. They guaranteed i would make no less than a 100% return on my money, I lost every penny and they lost $3 million dollars of other scammed customers!! Now they are doing it again under a new name 4X Island. New name SAME SCAMMERS!!! Buyer beware, They will steal your money
Protrader1
beverly hills, California
U.S.A.
Protrader1
beverly hills, California
U.S.A.
1 Updates & Rebuttals
4xisland
South Jordan,Utah,
U.S.A.
Truth about 4xIsland
#2REBUTTAL Owner of company
Thu, October 09, 2008
The comments posted are incorrect. Pig4x was a company that raised funds for a managed forex account, traded by David Nelson out of Ohio. This managed account was around 1.3 million, not 3 million. David Nelson the trader did lose an average of about 65% for the customers involved in November of 2006. Each client of Pig4x had their own personal account in which they controlled and could add or withdrawl money at any time. The owners of Pig4x lost hundreds of thousands of dollars as well in this draw down. There was never a 100% guarantee return, that is absurd. There has never been any investigation, since nothing wrong was ever done. It sure would be nice in the world today to prove things versus just posting any comment or slander they wish. 4xIsland, Inc. is an education based company, not a managed forex account. Richard Ottley is the trading mentor and guru. He has been trading in the market for going on eight years and has developed three trading strategies. Please feel free to check us out with the Better Business Bureau. For any questions, please call us direct at 1-877-302-0665.
