In May 2005, I spoke to Mr. Basset, who convinced me to invest money in what now appears to be an elaborate Ponzi scheme, promising an average rate of return of 20% per month. I eagerly invested after receiving feedback from friends who had invested in this program.
Recently, he closed my account on his investment site (www.fxinvestmentgroup.com) and claims it never existed!!
I have sent all proof to him again, and he still refuses that I ever paid him. It is now clear to me that he is running a Ponzi-like scheme and that he needs new investors to join in order to keep the system going, and that he selectively closes accounts to meet deficits or holes in his system.