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Jacko's Forex House of Pleasure and Pain

  • #11,421
  • Aug 13, 2010 5:01am Aug 13, 2010 5:01am
Quoting chiba_san
Look, i work in quarry bay, the company bus will pass wan chai in around 45 minutes....
Your help and kindness are extremely appreciated, chiba_san.
  • #11,422
  • Aug 13, 2010 5:08am Aug 13, 2010 5:08am
first legitimate proof in 4h

lets wait
  • #11,423
  • Aug 13, 2010 5:09am Aug 13, 2010 5:09am
Quoting TJPLD
I personally have contacted him to comment on this. I hope we will see a reaction soon. People here could use some moral support at least.
Absolutely. It's not good enough. FF could have posted something saying that they were looking into the matter and would keep posters advised of their findings.
Nothing worth having is easy.
  • #11,424
  • Aug 13, 2010 5:12am Aug 13, 2010 5:12am
Chiba_San is Jacko. He'll find no trace of life at the address.

Only kidding. Do this properly guys.

Bank. Police. Online Fraid Agency. FF. ISP etc.

Set up a pvt email group/forum so all those affected can get together without having to publically admit it. Someone needs to be leader here. Get Twee to allow an amendment to the original post updating everyone on the findings.
  • #11,425
  • Aug 13, 2010 5:13am Aug 13, 2010 5:13am
Quoting cloggie
Share some screenshots here.
The blog postings wont be helpful, but todays is
MESSAGE FROM JACKO 659

It is 1.00am NY time Friday August 13 and the market is at 1.2855.

Yesterdays trade results were disappointing. In an effort to determine what caused the disappointing results, I again quickly saw that the culprit was the increase in volatility that caused the market to swing up and trigger the AH trade and then swing back down, taking out the trade at a loss. The volatility can best be seen by setting the Average Trading Range (ATR) on the Daily chart to 1 and seeing increase in the daily trading range over the last week. (The increased volatility was contributed by the increased volatility in the US stock market which dropped 2.5% on Thursday) After seeing a day like Thursday when we saw a 330 pip range for the day, he 50 pip buffer for the AH trade needs to be moved back out to 100 pips to try to avoid this volatility.

My cost was simply $700 to join his group, & I have been able to recover that from the trades he advised that I thought to be worth taking - so I dont have a personal beef, other than I hate the thought that those that gave him funds to manage are now right out of pocket.

Everyone who put money in the group has the details of where those funds went (first), account number and name. The bank wont willingly give out details but that presumably has to be the route for tracking the individual down. I doubt HSBC will be overjoyed to learn that an account in their bank has been used to defraud members of the public

good luck all Ziggy
  • #11,426
  • Aug 13, 2010 5:14am Aug 13, 2010 5:14am
Quoting ratman
first legitimate proof in 4h

lets wait
It's a serviced/virtual office. There will be nothing to see/find. It would have just been used as the registered office address for the Jackson Fortress Fund. It doesn't even look like Jacko took advantage of a telephone answering service there because the telephone number he provided was from Singapore.

Didn't anybody ever get a copy of the quarterly audited accounts? Or request a copy? If so, the accountant's name and address would have been on the accounts as the auditors. Did anybody go any further with the Hong Kong Companies Register search - like pay to get a copy of the listed directors or any accounts that were filed (if any)?
Nothing worth having is easy.
  • #11,427
  • Aug 13, 2010 5:16am Aug 13, 2010 5:16am
garrye my man...wea you been? Been waiting for your to comment on something..................true garrye has been warning all of us...............the thing though is this....................WHY WOULD HE STILL KEEP POSTING ON THE BLOG..............either BUYING TIME TO GET AS FAR AWAY FROM YOU ALL AS POSSIBLE or HE IS A GENUINE MAN................now should you all be patient and let he get as far away as possible to wait for your bank to call you................................Thank God i only paid US$700......sorry all....

Quoting garrye
ive been warning you all for a long time.he is buying time your money has gone and so has he
  • #11,428
  • Aug 13, 2010 5:16am Aug 13, 2010 5:16am
If I remember correctly, any fraud/scam which amounts to over $500 is enough for the FBI to have a look at it (this was the case 3 years ago, at least, maybe things have changed). I'm not an expert on scams but if you are an American citizen, the least you could do is contact the FBI for information about what to do and which additional authorities to turn to. Here is a link to FBI's international operations and contacts: http://www.fbi.gov/contact/legat/legat.htm

PS. I haven't got any funds with J, in fact I discovered this thread via Jay pours his heart out thread. Best of luck to you guys.
If you don't risk, you don't ever have to lose.
  • #11,429
  • Edited 7:24am Aug 13, 2010 5:18am | Edited 7:24am
Hi Folks,

For those of you that are not members of Jacko's service here is a snapshot of the make up of the guy.

It would appear that the fellow is suffering from a dual personality disorder. He doesn't seem to be aware of all the distress he is causing.

Extracted from his blob today & kindly donated by Anon.

MESSAGES FROM JACKO (AUGUST 2010) (http://waynejackson888.blogspot.com/2010/08/messages-from-jacko-august-2010.html)
MESSAGE FROM JACKO 659
It is 1.00am NY time Friday August 13 and the market is at 1.2855.

Yesterdays trade results were disappointing. In an effort to determine what caused the disappointing results, I again quickly saw that the culprit was the increase in volatility that caused the market to swing up and trigger the AH trade and then swing back down, taking out the trade at a loss. The volatility can best be seen by setting the Average Trading Range (ATR) on the Daily chart to 1 and seeing increase in the daily trading range over the last week. (The increased volatility was contributed by the increased volatility in the US stock market which dropped 2.5% on Thursday) After seeing a day like Thursday when we saw a 330 pip range for the day, he 50 pip buffer for the AH trade needs to be moved back out to 100 pips to try to avoid this volatility.


MESSAGE FROM JACKO 658
It is 1.00am NY time Thursday August 12 and the market is at 1.2875.

My buy trade at 1.3020 was stopped out by my Stop Loss at 1.2920. The AH trade order to buy at 1.2920 was placed when the market dropped 50 pips below my stop out price of 1.2920 at 1.2870. I am now waiting for the AH trade to be activated.

Yesterday, I had the joy of finding out that a couple of the final fund payouts to the small investors from the trading group were "diverted" by a (now) ex-employee. I am now resolving the issue and remedying the situation. It just proves again to me that trading by yourself is far better than any other business where you are relying on staff.



Regards,

BabeFX
  • #11,430
  • Aug 13, 2010 5:27am Aug 13, 2010 5:27am
I forgot to add this. If this guy says he is from HK, you might want to ask for information from your local HK embassy: http://www.embassyworld.com/embassy/Hong_Kong/Hong_Kong1.html
I had a joke played on me a few years ago which I thought was a scam (it was the 1st of April and I got fooled). The embassy was very helpful. That's what they're for. To help you.
If you don't risk, you don't ever have to lose.
  • #11,431
  • Aug 13, 2010 5:59am Aug 13, 2010 5:59am
Quoting mp777
Nobody seems to have seen my post yesterday. When i joined his 2nd 'turtle' group 2 years ago, i sent my $500 to someone called L.A Knowles, not the Jackson Fortress account which later people are reporting.

Maybe L.A Knowles is his real name?

Chris

Yes, it is possible that it's him. What is the full name? Bank account was the same? It is possible that L.A Knowles is Jacko.
  • #11,432
  • Aug 13, 2010 6:01am Aug 13, 2010 6:01am
Quoting ziggy
Well "somebody" is still posting in his daily blog.......... if Chuck Norris is looking in the guys who invested could use his help!

Yes today someone wrote on his blog but I think the style writing that he is not. It's somebody else, so Jacko was about a group of people (a group of smugglers) and not one person.
  • #11,433
  • Aug 13, 2010 6:19am Aug 13, 2010 6:19am
I am one of the investors never received any money back. I am now very angry, and especially the psychological aspect. I will contact the local police, my lawyer and the embassy. Jacko (groups of people) if you're reading this and I'm sure, so please come back to us our money or that you'll regret it for life.

Please, Have you tried calling this number below? That number works and echoes there anyone in Singapore.

Now I've tried all the numbers from which they were sent SMS. And I discovered once again step forward. One number works and is functional and can call on him. It is directed to Singapore. Can someone please try to call this number and ask why they were out of this number before sending SMS and if you know someone named Wayne Jackson?

My English is not very good calls and so I can not speak so good in English.

The Jacko number is: +65 8196 4695

The interesting thing is that this phone number of SMS that went before has a site on this company: http://www.nh-zx.net/nhkk.asp

It's about Chinese and that's before you put Google Translate but the bottom is the phone number.
  • #11,434
  • Aug 13, 2010 6:20am Aug 13, 2010 6:20am
you will find the office is servicecorp,also he never lived in hongkong he uses tor software to hide ip and thats why he has so many user names on here ,credit card will have been used to open servicecorp biz address and passport would have been used to open hsbc account maybe both fake.thing im sad about i was banned two times for posting and most of my posts deleted and attacked by all his user names.ive got a great email from twee asking me not to post on here pm me anyone who wants a copy. wheres captmilkdud when you need him lol.feel sorry that all you guys lost your money but it was a very clever scam hope you can move on not easy im sure. twee shame on you just because all the traffic deleted all the warning posts also guys the thread only got moved to commerical last year hes been getting his own way for years.hope some of you get to read this post before this ones deleted.dan gilbert i knew one day you would eat your words.peace have a good weekend
student
  • #11,435
  • Aug 13, 2010 6:30am Aug 13, 2010 6:30am
Quoting Peter333
Yes, it is possible that it's him. What is the full name? Bank account was the same? It is possible that L.A Knowles is Jacko.
This is a long shot, but I can only hope that "L.A." stands for Los Angeles -- where I live. It's been a few years since I used to Kick Box, but I would love to track this bastard down
  • #11,436
  • Aug 13, 2010 6:35am Aug 13, 2010 6:35am
Quoting TinaLousie
Were you one of the investors as well ? Please contact me if you are. Your private messaging is not turned on.

TinaLousie. Very glad to contact you but I can not send private messages. so please write me your email and I will immediately contact you. I am one of the investors.
  • #11,437
  • Aug 13, 2010 6:37am Aug 13, 2010 6:37am
This thread is so appropriately named. Jacko's House of Pleasure and Pain. His pleasure, your pain. He was laughing all the way to the bank from the beginning.
Nothing worth having is easy.
  • #11,438
  • Aug 13, 2010 6:39am Aug 13, 2010 6:39am
Quoting Patience
This thread is so appropriately named. Jacko's House of Pleasure and Pain. His pleasure, your pain. He was laughing all the way to the bank from the beginning.

nomen est omen.

but anyway i feel sorry for the users who have lost their money. they will never see it again, imho.
meine augen sind die sterne
  • #11,439
  • Edited 7:02am Aug 13, 2010 6:50am | Edited 7:02am
I subscribed to Jacko’s group at the beginning of the year. It was precisely the longevity and comments posted on this thread that gave me the confidence that Jacko was genuine. I have to admit it is disappointing to hear that posts have been removed that could have prevented me from drawing such a conclusion.

Within 1 week of joining it was immediately clear to me that, in my opinion, Jacko's trading was not inline with the style of trading as posted on his website, and I duly asked for a refund. Jacko eventually agreed to provide me with a refund in six months on the basis that I did not post anything to discredit him in this period. With the smoke’n’mirrors reputation Jacko had built up (only now apparent) I was confident this would be honoured. It’s not looking good right now …… but I’m becoming a little wiser for the experience.

As for the people who have contributed to his fund you have my sympathy. This man built up your trust and has seemingly betrayed you. If that is the case, he is the only person here who should be ashamed, no one else. Seek professional advice and make use of all the resources offered in this thread. I wish you luck in recovering your funds.
  • #11,440
  • Aug 13, 2010 6:50am Aug 13, 2010 6:50am
Quoting aserbfx

nomen est omen.

but anyway i feel sorry for the users who have lost their money. they will never see it again, imho.
Exactly. The thing is, he had the investor funds wired into a limited company account. If the rules are the same in Hong Kong as they are in the UK, then even if Jacko can be found, he will not be personally liable for any losses.
Nothing worth having is easy.
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