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