Complaint Review: latent wealth management - Internet
- latent wealth management Internet United States of America
- Phone:
- Web: latent.biz.ly
- Category: Investment Brokers
latent wealth management Ponzi Scheme Internet
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Latent Capital Management is running a Ponzi scheme that is starting to unravel. We have evidence that funds have been lent to related parties and are heavily involved in Greek and Italian unsecured sovereign debt. Their heavy investment in speculative stocks has backfired, Losing millions on unauthorized trades. Starting at the beginning of this year they have had to pay interest due from new investments taken.
The directors lavish lifestyles are not helping matters. It has become clear that it is only a matter of time before they will not be able to make payments on interest owed. Do not invest anymore with this company and if your funds can be liquefied do it now. The amount of shortfall is estimated to run into many millions of dollars. Time now is of the essence.
This report was posted on Ripoff Report on 12/01/2011 06:52 PM and is a permanent record located here: https://www.ripoffreport.com/reports/latent-wealth-management/internet/latent-wealth-management-ponzi-scheme-internet-803911. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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