Legend.name scams me for US$5000

[jasdon11]

Sorry to hear bout that Virtual.

As far as trading risk goes it's called money management ladies and gents...learn to love it or you will soon learn to hate yourself. There are many vehicles to trade out there...forex belongs near the bottom of the list. Be happy to help anyone here with stocks or index futures once in a while for free, as long as your not a dick

Money management cannot fill your orders for you. There is a very real danger with a fast forex market of your stops and limits not being filled - seen in too often and with various makers.

[GUA]

Sorry to hear that Virtual.

For anyone else reading this, Forex trading is very, very high risk - especially when trading using high leverage.

A few people make fortunes - 99.9% lose.

It's a punt - pure and simple.

I'd love to know what legend.name thought he was going to do to cover losses.

It appears that the one thing a recession does, is show people in their true colours - so many revert to scamming - it's an eye-opener.

Do you do it?

I did - for two years - full time. It was my living.

I made money, but not enough to make the stress worthwhile; got grouchy with the wife and kids whenever it wasn't going my way.

I still dabble, in fact I bought cable this mornig on its dip - I could stop that position now and make a few hundred £. Difference now is, I look on it as a hobby.

That's why I tell people to look on it as a bet, and never use money that you need for anything else.

So, GUA, what's your experience?

I have only dabbled in forex as a hobby, and have made money... not large amounts, but by taking calculated risks I have always come out on top. None the less this is irrelevant to the topic. Legend.name comments?

[dodo1]

Trading in foreign exchange markets is very complex and highly risky. Foreign exchange rates fluctuate a lot and there are long trading hours, so you have to stay on top of things almost 24/7. In addition, the market is one of the most perfect markets out there, making it extremely difficult to outperform other traders. That's why most investment bankers who are professionally trading in forex markets are relatively young. Most just don't want to do it anymore after a few years.

Regarding the comment previously made that if somebody promises you high profits from a so-called "risk free" investment: Stay away from it. No investment is truly risk free!

Kris, I really hope you'll be able to get your money back! This isn't a small delict. Legend.name (is Tiu Boon Yau his real name?) took $5,000 from you and it's likely that he took money from others, too. He has been an established member on this forum for a long time, so it would be particularly sad if he turned out as a scammer. Is there really no chance that he will refund your money?

[Cartoonz]

seeing as www.legend.name forwards to the Bill & Melinda Gates foundation, I'd say he's on the run.....

[south]

seeing as www.legend.name forwards to the Bill & Melinda Gates foundation, I'd say he's on the run.....

Wow.

Yesterday I believe it had something up saying all assets of legend.name were now owned by someone else. Not seeing anything in G's cache..

[CureCancer]

His signature is still pointing to;

Signature PM ME FOR FOREX INVESTMENT!He should be banned, if the proof is available by the OP

[ComScout.com]

http://www.legend.name/ points to Bill Gates foundation, maybe he is doing that to be sarcastic?

Wow.

Yesterday I believe it had something up saying all assets of legend.name were now owned by someone else. Not seeing anything in G's cache..

Just goes to show that you should never trust anyone.

And investing such a lot of money into a "invisible scheme" is just stupid.

So I don't have much sympathy for the person who started this thread.

Learn by your mistake ... I too got ripped off around 5k around 5 years ago. I learned real quick.

[biggedon]

Yes it was a private offer on PM ("our team of experts blah blah"), however I have been dealing and talking with this person for years and thought him trustworthy, actually I thought him to be a buddhist, seems that his version of buddhist teachings includes online fraud.

So much for Strength, Honor and Compassion, what a joke.

Hi

this is how many get duped here and on other forums by responding to private/pm offers of non-domain sales.

some keywords to look out for...

our team, experts, specialists, no risk, guarantee, pm for more info, our client/clients, broker, project/projects in process.

though not all persons who may use these terms in their advertisements or solicitations are scammers, if proceeding, do so with caution and eyes wide open, especially when responding via pm.

imo...

[-ET-]

I see some members strutting around just because they are old members here. But most of them turn out not to be quite the cliche expected.

I amazes me how people fall prey to these.

Even a troglodyte who comes here is successful is scamming someone or the other.

[JuniperPark]

EDUCATION TIME!

Let's review the signs this was a sacam from the start"

1) Mention of religion (a sure sign someone's getting reamed)
2) Use of "risk free" and "investment" in the same sentence (contractory)
3) Asked to send a large amount of money to another country via nonrefundable means
4) "Private offer" "via PM". (If it's so good, it would be public)
5) ?

[Acro]

A typical disclaimer that appears at financial products or services:

Unique experiences and past performances do not guarantee future results! Testimonials are non-representative of all clients; certain accounts may have worse performance than that indicated. Trading stocks, options and spot currencies involves substantial risk and there is always the potential for loss. Your trading results may vary. No representation is being made that any software or training will guarantee profits or not result in losses from trading. Neither the software programs, any explanation or demonstration of their operation, nor any training held in conjunction therewith, including, without limitation, through online chat, radio programs, during in-person seminars or otherwise should be construed as providing a trade recommendation or the giving of investment advice.

[katherine]

Last Activity: 06-25-2009 01:47 AM

Not a peep from LN. Is he aware of this thread ?

[dodo1]

The big question is, how many reputable DNF members do we have? I used to be quite confident when doing business here and felt pretty safe, but the number of scams is increasing quickly. Almost daily new scams are reported, and sometimes those accused of scamming have been here for years.

I guess the days when you could make deals by handshake are ultimately gone now.

[JuniperPark]

His profile says he's in the USA.

I've seen this a few times here -- people giving false locations. Maybe we need a new rule on DNF, you lie about your location and your account gets terminated.

About Legend.name
Location
Classic.name
Business Location
United States
Business Type
Corporation
Type of Organization
Public Company

[adomainstar]

Hi VitualIt,

FYI, yesterday i already go to the malaysian police station and tell them about your unfortunate situation. What have they told me is they want you to came here and give the statement/report about this scammer artist and then they will proceed with the legal action to this scammer artist.

Below is the link for malaysian police website :

http://www.rmp.gov.my/
http://polismalaysia.brinkster.net/


Hope this information can help you

Have a nice day

[jdk]

What the hell is going on lately...instead of buying domains on this forum everyone is giving other members money for other things...scam after scam after scam, listen people..stop sending other members money and get your eye back on the prize! (buying quality domains)

Can I borrow $5

TQ

[acronym007]

I see so many posts in the legal section section with guys that were actually well known, popular, or at least stable and good business men/women. Are they all going bad due to the economy, are their accounts compromised (hacked)? What's going on these days?

[BLazeD]

What was the basis of how you were meant to benefit from this?