MGD
Premium,MVM
join:2002-07-31
Fort Lauderdale, FL
1 edit | The EliteTrader domain is registered to Baron Robertson, and has been since 1997. Based on my cursory review I don't see anything that would indicate a scam. Mr Robertson and his website appears to be frequently mentioned in the daytrading publications. Another indicator that passes the inital smell test is that he publishes his address and phone number on both the website and domain registration, which up until a few months ago was his residence. The property was also titled in his name. The first rule of scamming is don't leave a path to your front door.
Domain Name: ELITETRADER.COM
Administrative Contact , Technical Contact :
Robertson, Baron
brobertson[]CFL.RR.COM
8251 Lake Serene Dr.
Orlando, FL 32836
US
Phone: (407) 226-0705
Fax: (407) 226-0706
Record expires on 27-May-2008
Record created on 28-May-1997
Mr robertson also owns daytradingstocks.com and daytradingthemarkets.com Back in 2003 Mr Robertson was mentioned and quoted in a US News and world Report article: »www.usnews.com/usnews/biztech/ar···isky.htm on daytrading, where he said that his forum then had over 17,000 members. Elitetrader.com appears to be supported by advertising revenue and has free membership.
I only briefly reviewed the thread that you mentioned, however the story of registering elite-trader.com for nefarious purposes does not match the record, since that domain though dormant, has been registered since 2002:
Domain Name.......... elite-trader.com
Creation Date........ 2002-07-20
Registration Date.... 2002-07-20
Expiry Date.......... 2006-07-20
Organisation Name.... faiq mammadov
Organisation Address. 32 rue du mole
Organisation Address.
Organisation Address. geneva
Organisation Address. 1201
Organisation Address. GE
Organisation Address. SWITZERLAND
Admin Name........... faiq mammadov
Admin Address........ 32 rue du mole
Admin Address........
Admin Address........ geneva
Admin Address........ 1201
Admin Address........ GE
Admin Address........ SWITZERLAND
Admin Email.......... ilham20[]yahoo.com
Admin Phone.......... +41792170969
The only ponzi type scheme that I seen posters writing about was "paid auto surf". I agree that some of the postings in the thread that you linked to indicated a less than stellar IQ. I am not sure how well some of those forums are moderated, I did not review the others. Again, I cannot "vouch" for them, however, I don't see any indications of any organized nefarious conspiracy, other than some not so stable members. Also, searches do not turn up any allegations of those either. Free forums that are add driven may often sacrifice quality for quantity. So if you are a serious trader it is understandable that you may not want to sift through the threads looking for signs of intelligence.
MGD
edit=typo |
[Scam] Is This A Scam or a Front for One?
That is why I posted here asking for information. You here are the experts!!