Is this 10%-15% per week investment a scam?

Ok there is a forex investment group that is offering 10%-15% per week(10% for <1000 15% for >1000 deposits).

You deposit your funds with no broker but directly with the group and they then deposit it into the broker account.

The broker they are using is LiteForex.

Total deposits are now 5.5 mil.

I know a few who have invested and have gotten withdrawals though its their first or 2nd week.

so all in all its a perfect Ponzi scheme.

But here is the problem, they are showing trading proofs in videos and as far as my knowledge what they are showing is only possible if the broker is involved (which is not an impossibility). They just announced a program for institutions with min deposits of 100k and they will give the institution investor password.

I cannot link the group directly or their video proofs cause that would be advertisement for them and puts me in commercial section. so below are some screen shots form their vids.

all the images are screenshots from their vids in which he logs in and out of account sets trades history to previous week etc.
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If they can make 10-15% weekly why they do still need investor for?
So the possibilities are it is a scam or they are really..really..really..really nice bunch of guys who like to help peoples.

Its confusing.

Also they hire traders too. So not only them can make over 40% month themselves but they can find other who can too and make them work for them.
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Just apply the common sense test; if it looks too good to be true, it probably is too good to be true...

Try it out thn, put in 10 bucks and wait 10 weeks to see if they return you ~25 assuming compounded..if so you earned yourself a free meal
but if u think rationally, if u can compound 1000 dollar @ 10% a week, you would be making 140+thousands in a year. Why tf would they need investor?? Answer is risk free capital..they can engage in super high risk trades without any exposure to them self and only paying you 10% when they are winnin and telling you they are sorry when they lost it all.

(http://www.forexpeacearmy.com/forex-....liteforex.com)

Totally sounds like a scam, mate. Most probably they are performing some sort of Pyramid Scheme.

The old adage "if it sounds to good to be true, it probably is" springs to mind. If they can consistently get 15% per week then 1000 after 12 months would be 825k. Sound likely? And as someone else pointed out, if they were getting that they certainly wouldn't need investors. Not saying it isnt possible - it is. But not likely.

Of course it's a scam, every idiot can smell it from 1000 miles away.