• Report: #465958

Complaint Review: Compound Stock Earnings Ltd

  • Submitted: Mon, June 29, 2009
  • Updated: Mon, October 08, 2012

  • Reported By:Wilmington Delaware
Compound Stock Earnings Ltd
222 W Fourth Street #301, Fort Worth, Texas U.S.A.

Aaron Zalewski, Joseph Hooper, Patricia Hooper , Compound Stock Earnings Ltd They Are Liars - They never made any money in their fund as claimed. I am retired and lost my pension money. When will the Attorney General take action- Another Maddof type scam Fort Worth Texas

*Consumer Comment: Nice Try???

*Consumer Comment: Nice try

*Consumer Comment: CSE's A Good Option

*Consumer Comment: A Fool and his Money are soon parted....

*Consumer Comment: The CSE technique isn't magic. it's the real life stock market.

*Consumer Comment: Joseph Hooper, Aaron Zalewski and Compound Stock Earnings Do This All The Time


*UPDATE Employee: Compound Stock Earnings Response

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I joined their covered calls programme after attending a seminar and listening to aaron and Joseph claiming their fund was making 5-6% every month for years and most clients were making at least 4% per month.

I lost money when stocks they recommended dropped. I just could not generate any income. If you get 4% premium and the stock drops 30% how can you make money?

They just hide behind attorneys and continue lying to the people and retired people like me who WILL lose their retirement fund if they follow this system? How long will they get away with it? Joseph Hooper has been lying for ten years now and he still continues to do so in his radio programmes and seminars.

The Attorney General and the FTC and the SEC must shoulder some blame because they let people like Hooper, Zalewski and Maddoff get away with it for so long and so many retired people lose their life savings. Why are they not taking any action? Just look at the Maddof Case - what is the use of the authorities acting when so many people have lost millions and are ruined for life?

These people are GREEDy and COMMON THIEFS and do not care what they are doing to other peoples lives and they should be shut down before more people lose money and have to suffer in their retirement.

The accountants, attorneys and the officers of the company and all employees that are helping them in carrying on this fraud shoudl all be charged. ALL of them MUST know what is going on - no one can make 6% per month EVERY month as cliamed by Aaron and Joseph. If they had a fund that was making this money they would be CNBC, Fox News , CNN and every business channel with the proof to sell more seminars.

I cannot afford legal fees to file a claim and I cannot take the stress of their lawyers and their threats.

I hope someone has the capacity and the legal clout to take these guys on and shut them down for sake of other people that are sucked into this scam

Wilmington, Delaware

This report was posted on Ripoff Report on 06/29/2009 10:24 AM and is a permanent record located here: http://www.ripoffreport.com/r/Compound-Stock-Earnings-Ltd/Fort-Worth-Texas-76102/Aaron-Zalewski-Joseph-Hooper-Patricia-Hooper-Compound-Stock-Earnings-Ltd-They-Are-Liar-465958. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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Updates & Rebuttals

#1 Consumer Comment

Nice Try???

AUTHOR: meggillespie - (United States of America)

I don't know why you're listing me as the marketing director at Kunnekt Internet Services, and then insinuating that I work for CSE.

I've never met anyone who works at CSE. I have never attended a seminar. So, it would be higly unlikely that I work for them, or have any involvement in their business whatsoever. The facts are as follows: I am the Marketing Director with Gillespie Group, a family owned business. We are finalizng products geared toward students and academic improvement. I am the Founder of Kunnekt Internet Services LLC. You can look this up through Texas Sec. of State website, where I filed to incorporate. This is a social media company and I am currently recruiting developers for a social media site located @ www.kunnekt.com. I am in no way involved with CSE, nor have I ever been. 

The only involvement I plan to have with CSE in future is following their strategies, because everyone I know who has used them, has done well with them.  

QCOR and the information you mentioned related to the stock: I don't have exact details on the stock at present, because it was a trade my mother (who is using CSE techniques) made and she is in Florence at present. In a nut shell, she told me back then, she did a covered call the stock dropped and she had read in the book to do a CPR (or something like that)in this situation.  I don't know what CPR technique is? Because as i said, I have not attended or studied the information. However, I do know she made around 5% on that stock. Where she had mentioned someone else wrote in about losing money. Apparently they did something different, to have different outcomes.

I'm simply stating facts that I know. I'm sure it's possible people have joined CSE and lost money. My only thought as stated previously, is that they are doing something different, or maybe stocks aren't their thing. All I know is many people I trust use CSE and are more than happy and have referred me to the program, because they're seeing positive results. 

So to sum up, I am in no way affiliated with CSE or the people who work there. I am only working and affiliated with the companies I listed above. You can verify this through the Tex SOS website. So I guess in fact it isn't me who needs to do my homework, but the other way around.

Best of Luck Bob,
Megan Gillespie
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#2 Consumer Comment

Nice try

AUTHOR: Bob - (United States of America)

Mrs. Gillespie (Director of Marketing at Kunnekt Internet Services ), your review reads more like you have replaced Marcus Miller as CSE's marketing person rather than a factual account.  Next time you should do more research and choose a different stock as your example.  In the 9/29/12 Cow Report, a client e-mailed Hooper about how he was taking a large loss on QCOR and that CSE's management techniques were not helping (specifically mentioning CPR, which Hooper acknowledged).  QCOR has become so depressed in value so quickly that no management techniques could make an investment in this stock profitable over the short-term and in fact would only result in larger losses.
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#3 Consumer Comment

CSE's A Good Option

AUTHOR: meggillespie - (United States of America)

I haven't attended a seminar or read the book. However, a few years ago my sister was a director at Humphrey's and Partners, here in Dallas. She knew a couple people in the office were using the CSE techniques and seeing good returns. She decided to mimic them and did well also.

She told my father, (Kevin) who was a top executive at a major banking/finance corporation, to look into it...He didn't. This year he heard about the program and asked my sister about it. She said she was pleased with it, etc....He bought tickets for the seminar. He and my mother (Janice) have attended multiple times and (she at least) has studied the book thoroughly. 

They paper traded for a few months and saw the "average" 3-4% returns per month, but the majority were better. I don't remember all the terms because I haven't studied the book, or attended as mentioned earlier. But my mother has enthusiastically told me about all of it. If memory serves me right, she just did a covered call on a stock called QCOR or something like that, the stock dropped, but because she read the material, etc. she knew to do a CPR (i think that's what she called it) on it, and made 4% or over. Whereas someone else wrote in that they lost money on that stock when it dropped...but they hadn't used any of the management techniques covered in the book. 

Anyway, they are looking at LEAPS now I believe, and both are very pleased with the system and the people with CSE. Both are telling me to start studying the material, so i can start investing and they want to start teaching their grandson (my son connor) so that he can start. 

My mom told me to look up CSE and I was surprised to find the negative statements made above. Like I said I have not invested using their techniques. However many financially savvy people i know and respect have used it, are more than pleased with it, and have encouraged me to use it (which i will). I trust these people and I've actually seen in person their returns. Also, I asked my mom and she said the guys teaching the techniques have never mentioned having a fund. 

I just wanted to put this note on here for anyone seeing the report. The negative claims above seemed very vague. Like a disgruntled employee or someone who didn't use the system properly, didn't do well and holds CSE responsible for their own mistakes. I have heard, from reliable sources, so many good things about CSE and seen numbers to back it up (unless TradeMonster, The Stock Market & CSE are in this supposed Madoff-esque scam together). I look forward to starting their system and have no problem being specific on who I am, and standing by what i say for anyone inquiring. 


Megan Gillespie

Dallas, Tx

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#4 Consumer Comment

A Fool and his Money are soon parted....

AUTHOR: Erich - (United States of America)

First of all, you'd have to be quite stupid to try any new investment technique with real money.  

Anyone with a modicum of intelligence would instead use a paper trading account (and I believe that CSE advises this - I've only listened to their free 2-hour intro) and establish, for themselves, if the technique is effective.  

I am not an employee of CSE and I've only heard their 2-hour intro Webinar.  But, again, anyone who would take their entire savings and "bet the farm" on any unproven (for them) technique is just not someone who has any credibility, and I suspect this is not the first thing which hasn't quite worked out for them.

For the individual above who lost his entire $200,000 savings account - you have only yourself to blame.
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#5 Consumer Comment

The CSE technique isn't magic. it's the real life stock market.

AUTHOR: makemeaSandwich - (United States of America)

I'm going to keep this short and sweet.

My father gave me the CSE book and said "read this so you can start investing for your mother and I", he of course finally bought the book after having listening to the CSE radio bit on what ever station the run on in LA.

So I did, I read the book. Having exactly zero experience with investing, I read one book (it's actually funny cause I only read half the book, didn't even read about the LEAPS technique), and then started investing my parents money for them! Just that simple, I didn't even go to the seminar haha. The seminar cost something around 2000-3000 ... so I figured I would have 2-3 grand worth of mistakes to teach myself how to invest successfully. 

So to shorten this story up. I've been investing my dads money in his name, for almost six months now...... drum roll please..... and I've made between 3-6% every single month, it's laughable really. Even the several positions that dropped in price (dramatically in some cases) after the first month of not being called out, (guess what I'm going to say next) I still made 3-6% a month. Of the five full months I've been doing this, I only had two position not make any money in a month (they didn't lose money, they just made 0) but having made 4% and above on the four or five other positions my total % for the month was still above 3%.

That's another thing, who ever posted the comment saying "they invested 200,000 and then LOST EVERYTHNIG plus 48,000 in brokerage bills" is...  how should I word this...  lion-like-a-rug. 

This isn't black jack or roulette, you can't put 200k on red and cross your fingers.
If you make a poor decision trading options you don't lose everything... you would lose 3-4%, for that month. OR maybe this person invested all 200,000 in one company and then that company instantly went bankrupt?
And how the hell did you 'supposedly' rack up 50grand in brokerage fees? What a crock! Online brokerage companies are INSANELY CHEAP, like less then ten dollars per trade cheap.
There are some companies that will service trades, that used to cost 3-6 hundred bucks or more... for less $2, hell even if it's $20 there is no way your going to end up owing someone 48000!!!
If those losses are a true statement then there is obviously something else going on.

I have never met Aaron and Joeseph.
I have no proof (nor do I care) about their 'mysterious' fund.
I opted to not go to their seminar.
I only read HALF of their book (which I refer to frequently).
And I have successfully traded 12,500 over 6 months and earned just over 2000 bucks. While very unfamiliar territory at first, I become more accustomed to the technique every day (I spend 20 minutes most day, and as much as 2 hours immediately following expiration Fridays).

Like I said in my title; They're not pushing voodoo magic... they are merely sharing/pushing/teaching/selling an option trading technique that they claim is easy and successful.

That's all. Good luck. 
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#6 Consumer Comment

Joseph Hooper, Aaron Zalewski and Compound Stock Earnings Do This All The Time

AUTHOR: Jozalewski - (U.S.A.)


I'm afraid that no matter how much people on Compound Stock Earnings, Joseph Hooper and Aaron Zalewski's payroll try and give the company a good face - it's just not going to happen.

Too many people have been scammed by Compound Stock Earnings - it's frankly not a joke anymore.

The worst part is - no one is willing to fight them because they've got more money that brains and start doing illegal activities to quit people.

My story is as follows:

I heard their radio show on KRLD and though ok - let me attend one of their introductory workshops over the internet.

On this 2 hour workshop Joseph Hooper, Aaron Zalewski and Compound Stock Earnings started to promise returns of 6% per month using covered calls and 5% per WEEK using leaps.

This sounded unbelievable to me - but asa sucker, I rang up and bought the seminar.

I went to the seminar and then signed up for 1 on 1 mentoring at a cost of $5,000.

Then Joseph Hooper told me to invest my whole savings account - $200,000, saying it would be safe because i was under his supervision.

I subsequently lost the $200,000 and then ended up in debt to my broker of another $48,000.

These guys have ruined my life and they keep leading people up a garden path and then killing them at the end of the path.

AND things don't get any better when some of their clients have resorted to posting video complaints since nobody will listen:

Video 1: http://vids.myspace.com/index.cfm?fuseaction=vids.individual&videoid=60770289

Video 2: (((Redacted)))
Video 3: (((Redacted)))
This is just unbelievable - how do these guys continue to operate?

One thing is good though - after legal threats and forceful emails I managed to get my $8,000 back i paid for tutoring.

CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.

If you want to get your money back call: 817-882-9153 (their office) and speak to Debbie.

Joseph Hooper and Aaron Zalewski will not come on the phone.

I Wish You Well.
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#7 UPDATE EX-employee responds


AUTHOR: Kelly - (U.S.A.)

Why doesn't Joseph Hooper or Aaron Zalewski respond? You know the answer - they are LYING and they cannot PROVE their false claims of Income. Over 100 reports on the internet against the income claims and NOT ONE RESPONSE from them - THEY ARE SCARED - They know they have been LYING for years. As usual they ask "MARCUS" to file a rebuttal!

All this stated by "MARCUS" is the usual rubbish thrown out by the company and their attorneys. If you are telling the truth PROVE it. Where is the CSE Fund that Joseph Hooper mentions in all his presentations. he claims on Video - available on YOU TUBE - his fund is making 5% per week with Leaps Covered calls and 6% pm with covered calls.

Can you post BROKER STATEMENTS showing this return over 10 years as claimed? Just SHOW THE PROOF - This return is impossible over the long term. Joseph Hooper would own all the money in the world compounding at 6% per month!

Compounding $50000 over ten year at just 6% per month amounts to over $54,000,000! If Joseph Hooper and Aaron Zalewski had this FUND and actually made this money they would not need all these FALSE "testimonials". All the people giving "testimonials" are offered special deals for seminars and mentoring sessions. Plus the chnace to appear on LIVE Radio! I know beacuse this went on while I was working there. I know the CSE Fund NEVER MADE 6%pm Consistently. Over all they lost money when teh stocks dropped! It is a major risk they DO NOT EXPLAIN to clients. If it was TRUE Joseph Hooper Would be on TV Every Night Showing OFF the 6% pm returns with Copies of his BROKER STATEMENTS

These income claims are FALSE PERIOD! They are made to get innocent elderly people involved with promises of high income. It is criminal and they should not be allowed to get away with it and hide behind lawyers. They are lying to people who are DESPERATE - people who have LOST JOBS , the RETIRED and the vulnerable and unless Compound Stock Earnings Ltd is stopped it will affect hundreds of thousands of elderley and desperate people - THEY NEED TO BE STOPPED FROM MAKING THESE FALSE CLAIMS. Hundreds of people have lost their LIFE SAVINGS - just check out YOU TUBE and other internet sites

Another report stated that Joseph Hooper has NEVER PAID ANY TAXES ON these claims of income - surely it cannot be that difficult for the Attorney General to PROVE that these claims of 6% pm are FALSE by checking the FILED TAX RETURNS?


If they have been making 6% pm since 2000 they would tell the whole world and show the proof - without proof its all LIES, LIES AND EVEN MORE LIES.

Their Accountants, Attorneys and Joseph and Aaron have been lying for years about the INCOME POTENTIAL - MOST CLIENTS LOST HEAVILY LAST YEAR - their time will come when the Attorney Generals Office or the SEC wakes up and faces the problem - maybe the new Obama Consumer Protection Team may look deeper into this SCAM OPERATION.

Until then this SCAM will continue for a long time - unless someone files a complaint and takes ACTION IN COURT to recover the SEMINAR FEES and LOSSES!

File your claims TODAY with the Attorney Generals OFFICES or the court house and STOP this SCAM from ruining any more families.

God Bless
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#8 UPDATE Employee

Compound Stock Earnings Response

AUTHOR: Marcus - (U.S.A.)

When a student receives a college education, for example in medicine, each student is provided precisely the same education as the other students in the medical school. Some students drop out because they have other priorities, some students don't study and fail to graduate and some students graduate but don't have the bedside manner or work ethic to be successful doctors.

Other students who received exactly the same education graduate and become successful family doctors, other students excel and become brain or heart surgeons and others become professors and teach the skills they have learned.

Each student is provided the same education - it is up to the student to apply the information and be successful.

So it is with learning how to invest. Each Compound Stock Earnings (CSE) student is given the same education in the same seminar. Each student is given the opportunity to re-attend that seminar for free as many times as they wish. Some students are not successful for the same reasons that some college students are not successful - it is the individual's desire to learn and the application of what they have learned that determines their success.

Many CSE students become very successful investors and earn cash income of 30%, 40%, 50% or higher per year using the CSE techniques. CSE surveys clients each year and approximately 80% of clients surveyed are achieving 3% or more income per month (36% per year or more) in cash flow. Which also means that 20% of students surveyed are achieving less than 3%.

You can see the 2009 survey results at www.compoundstockearnings.com//want-proof.htm Not only will you see the overall summary results, but you can click on the Survey Part 1, 2 and 3 links to see photocopies of the individual survey responses.

CSE broadcasts each week a radio show in which they feature a CSE client. You can hear first-hand the full, unedited podcasts of the shows going back to February 2006. If you want to hear what successful CSE clients have to say, listen to a few of these shows. The podcast page is located at www.compoundstockearnings.com//archived-radio-shows.htm

Below are summaries and links to a few recent shows:

Corinne - lives in Los Angeles - single mom - in 2004 changed jobs and transferred her work 401k into her personal account - during the four years her money was invested in the company-sponsored mutual fund she had zero gain - when she transferred out of the 401k, she had only her contributed amount and no gain - decided to invest her own money because she has a vested interested in her own success - she started researching investing strategies by watching TV, reading newspapers, searching the Internet - started buying stocks and didn't do well - discovered covered calls on the Internet - kept searching and found CSE - she attend the free 2-hour free webinar in 2004 - thought it was very informative - she ordered the seminar manuals, then attended a 2-day seminar online - for the next year and half she used CSE techniques to invest in covered calls - earned a consistent 3-6% every month - then she attended an online LEAPS class - has been trading LEAPS and covered calls since then with 8-10% monthly returns - LEAPS are more work but more income - when the markets went down she mainly did TSS - she had sold her house and considered buying more real estate or investing - she chose to invest and now lives entirely off the proceeds of her trading - she had no previous investing experience - she started small with 1-2 stocks to build confidence, then saw that it works and gained confidence - her accountant said "you need to be really careful, it's just gambling" - during the first year she had to call and tell him her returns, he said "I don't believe you" - he was amazed when he saw the proof - she now invests for one of her friends who is on a fixed income - she has introduced covered call trading to her 15 year old son - she told him he could buy one stock of his choice - he bought Hersheys - he made money then he bought an oil stock
Podcast link: www.compoundstockearnings.com//audio/2009-04/CSE_Show071109CorinaWEB.mp3

Michael - lives in Connecticut - a musician - studied investing for years - did paper trading for 10 years because he never had money to invest - inherited money - got married and had a child - 1.5 years ago heard the show - bought the book first - impressed with the forward from Robert Kiyasaki and liked that the book laid out the book in detail and was not an extended ad for the seminar - has been using techniques for 1.5 years - averaging 4-5% - pulls income stream and keeps some in for compounding - has been using CSE credit spreads for 3 monhts - 7%, 12% and 16.9% in those 3 months
Podcast link: www.compoundstockearnings.com//audio/2009-04/CSE_Show070409MichaelWEB.mp3

Scot lives in Dallas - first took the CSE 2-day seminar in March 2007 - has attended for free 4-5 times since - has averaged 4.5% per month using covered calls - now is trading CSE credit spreads and achieving higher returns - works as an independent contractor delivering groceries to grocery stores - is in his late 50s and intends to sell his business and use CSE techniques with the proceeds - spends two hours per week on his investments - "people will spend two weeks researching a TV but won't spend 30 minutes to figure out their own retirement plan"??
Podcast link: www.compoundstockearnings.com//audio/2009-04/CSE_Show062009ScotWEB.mp3

Darren and Margie live in Atlanta - each manage their own accounts using CSE techniques - Darren did very well with investments through the dot com bubble then lost it all - they first attended the 2-day seminar in March 2008 - Darren traded virtually for three months before using real money, Margie traded virtually for six months - Darren started with real money July 2008, has averaged 4% per month since - Margie has averaged 3.5% - Margie is an artist and was "terrified" of the market and her "only regret is that she didn't start using CSE techniques two years ago" because she lost half of everything in the account managed by her broker - she regularly re-attends for free the 2-day seminar - Margie had written Joe an email last year saying that she now has hope for her retirement - prior to CSE she didn't know how she would ever retire??
Podcast link: www.compoundstockearnings.com//audio/2009-04/CSE_Show061309MaggDarrWEB.mp3

Lynne lives in Atlanta - some friends were using CSE techniques and told her about them - she didn't know anything about investing - she is a therapist - her father had stocks and needed to go into assisted living - Lynn has been using CSE techniques with her dad's stocks for one year to pay for her dad's assisted living expenses - for the 12 months her average return has been 7-8% per month - she had no confidence when she started but does now
Podcast link: www.compoundstockearnings.com//audio/2009-04/CSE_Show060609LynneWEB.mp3

We teach people to take control of their own financial futures. We give them the training, the tools and the support necessary to be successful. The majority of our clients earn excellent monthly cash flow, usually in the range of 3% to 6% per month. For those who don't achieve these results, we invite them to re-attend the seminars for free as often as they like until they are achieving these results. Re-attendance to all of our seminars is free to all clients. Ultimately, however, success or failure is in the hands of each individual.
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