John Smith
Elgin,#2Consumer Comment
Fri, December 19, 2008
Happy hannauka boys!
Bernard laufer
New York,#3Author of original report
Tue, September 16, 2008
Tom of Arlington, Virginia The point of my reports is OptionsXpress Fraud and Embezzlement -- not my educational background. You are obviously an OptionsXpress or Optionetics shill or a sleazy options broker looking for suckers (see the Four Biggest Mistakes in Options Trading by Jay Kaeppel -- "90% of options traders lose money in the long run." -- imo it is more like 95% for off floor traders that only make use of their own capital) if you are trying to discredit my reports with such tangents as to whether I graduated from M.I.T. or not. I don't imply anything so don't put words in my mouth Tom. I say what I mean and I mean what I say. Thank you for clarifying this point in regards to M.I.T. Sandiegosunriser. I can provide written proof for everything I wrote in my reports or else OptionsXpress would most probably have already gone through and sued me for libel as they threatened to do so several months ago if I make this dispute public, but so far the only one that has had to fend off charges of criminality in regards to this fraud and embezzlement has been OptionsXpress and its executive management from a criminal SEC investigation request that I started against them, and they know for the crimes that they committed in this case I have many other sources to tie them up in knots as I stated in the e-mail posted on the Ripoff site to the OptionsXpress executive management team so even if I don't prevail in getting my money back because their lawyers know how to play the system they will lose more in resources for legal fees than the $10,400 they stole from me so they will not hold on to one dime of these ill gotten gains plus the bad publicity as a result of the crimes they committed against me will follow them forever. Bernard L., MCP, CPA P.S. Tom, I trade index options on a part time basis. I have my parents caregiving to keep me fully occupied. I am into algorithmic strategic trading which doesn't take much time once one has a profitable algorithm going (but does require daily monitoring and fine tuning now and then), but before I got into this work I was an Investigative Systems CPA in private CPA firms and NYC/NYS government agencies so OptionsXpress Executive Management Team couldn't have picked a worst person to defraud and embezzle assets off so I won't rest until I pay them back for their treachery in full plus interest!
Bernard Laufer
New York,#4Author of original report
Fri, August 22, 2008
Tom of Arlington, Virginia The point of my reports is OptionsXpress Fraud and Embezzlement -- not my educational background. You are obviously an OptionsXpress or Optionetics shill or a sleazy options broker looking for suckers (see the Four Biggest Mistakes in Options Trading by Jay Kaeppel -- "90% of options traders lose money in the long run." -- imo it is more like 95%) if you are trying to discredit my reports with such tangents as to whether I graduated from M.I.T. or not. I don't imply anything so don't put words in my mouth Tom. I say what I mean and I mean what I say. Thank you for clarifying this point in regards to M.I.T. Sandiegosunriser. I can provide written proof for everything I wrote in my reports or else OptionsXpress would most probably have already gone through and sued me for libel as they threatened to do so several months ago if I make this dispute public, but so far the only one that has had to fend off charges of criminality in regards to this fraud and embezzlement has been OptionsXpress and its executive management from a criminal SEC investigation request that I started against them, and they know for the crimes that they committed in this case I have many other sources to tie them up in knots as I stated in the e-mail posted on the Ripoff site to the OptionsXpress executive management team so even if I don't prevail in getting my money back because their lawyers know how to play the system they will lose more in resources for legal fees than the $10,400 they stole from me so they will not hold on to one dime of these ill gotten gains plus the bad publicity as a result of the crimes they committed against me will follow them forever. Bernard L., MCP, CPA P.S. Tom, I trade index options on a part time basis. I have my parents caregiving to keep me fully occupied. I am into algorithmic strategic trading which doesn't take much time once one has a profitable algorithm going (but does require daily monitoring and fine tuning now and then), but before I got into this work I was an Investigative Systems CPA in private CPA firms and NYC/NYS government agencies so OptionsXpress Executive Management Team couldn't have picked a worst person to defraud and embezzle assets off so I won't rest until I pay them back for their treachery in full plus interest!
Sandiegosunriser
San Diego,#5Consumer Comment
Mon, August 11, 2008
I suggest you reread what Bernard wrote about MIT: "It is easier to get into M.I.T. and Harvard than to be a successful off floor options trader over the long term. I should know because I was at M.I.T.,..." Bernard did not write, nor did he imply, that he graduated from MIT.
Tom
Arlington,#6Consumer Comment
Fri, August 08, 2008
You either didn't go to MIT or flunked out. Regardless, your attempt to imply that you graduated from MIT gives you very little credibility now. You surely implied it, a way of lying and giving yourself a plausible denial. http://www.linkedin.com/pub/5/83b/72b Bernard Laufer's Experience Index Options Trader Bernard Laufer, MCP, CPA (Investment Management industry) City University of New York-Queens College M.A., Computer Science, 1993 1995
Bernard laufer
New York,#7Author of original report
Sun, April 06, 2008
From: "Bernard ----" To: "Ned Bennett" , "Peter Bottini" , "Phil Bennett" Subject: Last Chance Officers of OptionsXpress to Return the $10,400 Cash You Stole from Me or Face Positive and Natural Law Consequences Date: Sat, 29 Mar 2008 06:38 Bernard ----, MCP, CPA New York, New York March 29, 2008 Mr. Ned Bennett, Executive Vice Chairman and Previous CEO of OptionsXpress Mr. Peter Bottini, Executive Vice President of OptionsXpress Mr. Philip Bennett, Executive Vice President of OptionsXpress OptionsXpress Online Options, Stock & Futures Brokers 311 W. Monroe Street, Suite 1000 Chicago, Illinois 60606 Gentlemen: Re: Very Late SPX Contingent Order Activation on 01/22/08 apparently(?) by OptionsXpress System Irregularity There is no point in hashing this matter out again. We did that already through 23 e-mails so we both know where things stand in regard to this issue. I have decided to give you one last chance to return the $10,400 you defrauded me of before I stop playing around, and seriously pursue you on a protracted basis if I may take the liberty of piercing of OptionsXpress' corporate veil by making complaints with the SEC, FINRA, NASD, Illinois Attorney General's Office, FTC, etc., and make this fraud public on complaint sites, and on various investing and trading forums so it will be common knowledge from one end of the Internet to the other. I have the OptionsXpress e-mails regarding this matter, and other OptionsXpress records to substantiate this complaint against OptionsXpress, and I have absolutely no qualms in releasing this information to the various investing and trading forums, government agencies, securities regulating bodies, and sundry complaint sites. To prove to you that I mean what say, contact your lackeys at Optionetics and ask them about the posts I made on their broker forum from March 2, 2008 to March 14, 2008. The topic was titled "OptionsXpress Contingent Order Fiasco," and contained similar information to the complaint I made against OptionsXpress at the Ripoff Report site which I appended at the end of this e-mail, and is available online at http://www.ripoffreport.com/reports/0/317/RipOff0317814.htm by the descriptive title OptionsXpress -- How To Rob Your Customers Without Any Legal Repercussions. You had at least one shill there as well so he should have filled you in. He infuriated me by repeating your sophistries, and as I was about to release the e-mails on this matter, as a result of his baiting, indicating your deceit the Optionetics sycophants came to your aid, and deleted every post I made. But not before something like 350 different pairs of eyes saw this heated controversy. Should your shill or shills have engaged me in the first place? People just love to come out and observe when two sides are fighting. On the other hand, to leave my post unchallenged would have also been bad for you guys as the officers of OptionsXpress. You have a dilemma here which you can easily solve by returning the $10,400 you stole from me. How much do you figure this airing of dirty laundry had an effect on your reputation in the eyes of OptionsXpress traders or potential OptionsXpress traders, and the actual dollar loss in potential OptionsXpress traders deciding to choose another broker after reading how OptionsXpress cheated one of its active traders of six years, as well as current OptionsXpress traders after reading this topic and fearing that what happened to me may happen to them as well so maybe they should start looking for another broker? You guys can't do what you did to me without taking a hit that will be several multiples of the $10,400 once this complaint is spread far and wide even if OptionsXpress has the nicest, most user-friendly, intuitive graphical user interface, and a host of other bells and whistles that make trading easy and pleasant. If you lose the trust of your customers it is all for naught. And don't forget that I am not the only guy out there that has a gripe against OptionsXpress so once my complaints against OptionsXpress start to appear all the over the place you may experience a chain reaction of complaints against OptionsXpress as is the case with Optionetics so that they are well known in the options community as options scam artists. What happened at Optionetics is now water under the bridge, but I have the ability to update the OptionsXpress Ripoff Report, and state that after some hesitation you did return the $10,400 to me so you will salvage your reputation there as well as on the Web (google "OptionsXpress Online"). If I don't receive a positive reply from you by Monday, March 31, 2008, I will assume that you are steadfast in this theft, and initiate further actions against OptionsXpress as stated above to prove to you that committing monetary crimes against certain people is a very poor business decision. Sincerely, Bernard -------