• Report: #1077788

Complaint Review: Ron Poole or Ronald L. Poole

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  • Submitted: Wed, August 21, 2013
  • Updated: Wed, August 21, 2013

  • Reported By: WCFA — Olympia Washington
Ron Poole or Ronald L. Poole
5604 Lakeview Drive, Apartment G Kirkland, Washington USA

Ron Poole or Ronald L. Poole Investment Fraud – Financial Scams – Swindling – Unqualified Advice – Prophet Max - Global ForEx Mgm Investment Fraud – Financial Scams – Swindling – Unqualified Advice – Prophet Max - Global ForEx Mgmt - Joel Friant - Senan Pousa – Investment Intelligence Corporation – Kirkland Bellevue Washington Austin Texas Austin / Kirkland TX / WA

*General Comment: Marilyn Larson, Joel Friant, Ron Poole, Senen Pousa

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On Ron Poole’s involvement in the foreign-currency exchange-trading fraudulent-scheme promoted by Senen Pousa and Joel Friant that has been shut down by the U.S. Government…

 

Everyone should be aware that Ronald L. Poole (Mr. Poole) is connected to this fraudulent investment scheme and has been giving reckless financial advice without the appropriate background or understanding.  This report is to alert the investors who were swindled by Prophet Max / Global ForEx or have directly or indirectly received financial advice from Mr. Poole.

 

Mr. Poole is a current resident of the Seattle area (Kirkland, WA) as of August 2013. Mr. Poole has a poor track record when it comes to personal finances.  He mismanaged an investment portfolio of a family member causing the portfolio to lose a substantial amount of value.  Mr. [continued below]....

..... Poole has recommended that people invest in commodities without a full understanding of commodity price volatility and the broader wealth components of the individual portfolios.  Mr. Poole has failed to divulge the truth about his involvement in the Prophet Max / Global ForEx Mgmt investment fraud scheme.

 

Why does he think that he is qualified to guide people into investments and personal financial planning?  How can he, with good conscience, recommend investing in commodities after seeing Prophet Max / Global ForEx Mgmt operate a fraudulent investment scheme involving foreign currency exchange trading?  None of these people (Ron Poole, Senen Pousa, Joel Friant) know enough about foreign exchange markets or commodity markets to orchestrate or manage an efficient investment strategy that will beat the market indexes over the long-term.  If professional portfolio managers have trouble doing it why should we expect naïve people to have this skill? 

 

In particular, Mr. Poole is in way over his head.  He is a military man and not a financial planner.  I don’t care what kind of practical experience Mr. Poole thinks he has, if you become aware of him attempting to give investment advice alert everyone to ignore his recommendations and call the SEC.  Furthermore, if you run across Mr. Poole tell him to mind his own business about finance and divulge the truth about his involvement in the Prophetmax/Global ForEx investment fraud scheme.

 

Let’s not let another financial fraudster quietly get away when he deserves to be punished like the rest of them.  How many financial disasters will it take for the investment community to learn the lesson: don’t invest into something promising high returns and low risk without performing comprehensive due diligence on the people involved, the claims made and the historical track record(s) created.


This report was posted on Ripoff Report on 08/21/2013 11:16 AM and is a permanent record located here: http://www.ripoffreport.com/r/Ron-Poole-or-Ronald-L-Poole/Kirkland-Washington-98033/Ron-Poole-or-Ronald-L-Poole-Investment-Fraud-Financial-Scams-Swindling-Unqua-1077788. 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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#1 General Comment

Marilyn Larson, Joel Friant, Ron Poole, Senen Pousa

AUTHOR: Retired FBI-CIA - ()

As a recently retired FBI/CIA man (former United States Marine Corps), I enjoy checking facts and doing research.  I was looking around and found several Ripoff Reports (#916546, #917127, #916868, #916609, #916546) associated with an international $50+ million fraud, and a separate Ripoff Report (#1077788) that, on the surface, appears unrelated to the group of international fraud reports.

Ripoff Reports (#916546, #917127, #916868, #916609, #916546) address an Australian citizen named Senen Pousa and a U.S. citizen named Joel Friant; Joel Friant has had his assets frozen and both are in serious trouble with the United States government for operating a fraudulent investment scheme that swindled $53 million from U.S. and foreign investors under the names Prophet Max, Global ForEx Management, and Investment Intelligence Corporation.  The CFTC is suing Pousa and Friant in the Western District Court of Texas (Austin Division).    It turns out that I live in this district myself.     

Ripoff Report #1077788 addresses a separate individual, Ron Poole, who is not named in the CFTC lawsuit but appears connected to the fraudulent investment scheme.  All bets are on Ron Poole being investigated soon for his involvement.  As an aside, the report mentions that he was a military man.  He probably was not in the U.S.M.C.!

Anyway, I found a hidden connection between both groups of ripoff reports.  It turns out that this Ron Poole character is linked to someone named Marilyn Larson, probably through marriage.  And Marilyn Larson is the mother of Joel Friant.  So now we have a connection between Ron Poole and Joel Friant; which is probably that Ron Poole is the father-in-law of Joel Friant.  This makes sense because we now see how Ron Poole is possibly linked to the fraudulent investment scheme à through his son-in-law!

So, like the Ripoff Report #1077788 states, when will Ron Poole reveal how he was involved in the fraudulent investment scheme?  What did he do and will he be man enough to come forward to help the U.S. government get the money returned to the investors?  As a former military man, does he have the guts to do the right thing.

I’m dying to know the truth here.  I’ll find out one way or another.  I have lots of time and lots of connections to make this happen.

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