below is a scam that jay perales and his partner sophia conducted in the early 2003-2006 time frame. Myself and many others were duped into his day trading scams and lost alot of money. I am teaming with other people who were taken scam by jay perales. I am posting a letter they posted back then and we are actively seeking any other people who lost money with this. It is never too late to recover especially since jay perales (now known as jay paletti ) is up to new scams/frauds.

here is old article. post here or contact me if you want to be part of our complaints:

Re: Need Private Investor

In Reply to: Need Private Investor posted by Lori Felan on October 16, 2003 at 10:01:34:

We have a very unique product and to my knowledge there is no competition at this time. What we do is online trading. The market we trade is the S&P 500. However we do not trade funds for anyone we teach them how to invest. We have a completely interactive web site, this web site is unlike any other web site out there. What we have put into the production of the site alone is around $100,000. With this web site people wanting to learn about the market and trading can become members. Upon signing up members receive software (propitiatory information) training manual, they will receive email information about the days market activities, and access to an online library with workbooks and lessons showing buying and selling opportunities and examples.

What we need at this time is an investor to come in for the launch of this website. We would like to push it into 16 different countries. We know the product will be a huge success once it has been launched. Along with the site we have a book in the process of publishing. The book, web site and training products are also in the process of being translated into the 16 other languages. To launch the web site we want it on the front page of finance web sites, such as yahoo, Lycos (raging bull, quotes.com,) msn, ect. If we are able to be on all of the finance sites we should expect to receive anywhere from 1 million to 3 million visitors per month. Because of the nature of these web sites the visitors we will have will also be qualified hits. To do this we would need an investor to front $100,000 - $300,000. We are not looking for multiple investors. We prefer to work with one investor. In the past for someone to receive all of the information and hands on training that we now provide online ran between $3,500.-$5,000 through us. Other companies offering trading lessons will still run you from $3,500.00 - and even up to $15,000.00!

With the new breakthrough in technology we are actually able to teach and interact with students online using REAL TIME charts. Students still receive the step by step training and are able to interact with Jay and other students online as if they were in the same classroom. They will see posted buy and sell signals as they happen. Again this would have run $3,500 - $5,000.00 now using the online school people can sign up for the class for $299.00 to become a member. They also have the option for advanced training at $259.00 per month.And who wouldn't pay $259.00 a month for a personal mentor.

I would like to invite you to visit our web site and sign on for a free demonstration. www.2hoursaday.com

If you should have any questions or would like Jay to walk you through the site please feel free to call our offices at 210-349-1700.

We look forward to speaking with you.

• Link: http://www.2hoursaday.com

all these links above do not work anymore because it was a scam from the start. 

if you were scam also, contact me