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Is School of Trade legitimate? (www.schooloftrade.com)
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Is School of Trade legitimate? (www.schooloftrade.com)

  #261 (permalink)
Elite Member
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CFTC charge School of Trade with fraud and other violations

I am sure this won't keep Joseph Dufresne (a/k/a/ Joseph James) and Megan Renkow (a/k/a Megan James) from popping up again under a different identity. But at least these two fraudsters for now, have been shamed.

Federal Court Orders California Residents Joseph Dufresne, Megan Renkow, and Their Companies to Pay More than $4.9 Million in Restitution and a Monetary Penalty for Fraud in Connection with Offering and Selling Futures Trading Strategies and Systems

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  #262 (permalink)
Richard
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School of Trade

Sadly this thief is still up and running using a Delaware address and selling his fraud for $4999

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  #263 (permalink)
Market Wizard
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Quoting 
3) purported to make profitable trades in live accounts in real time in SoT’s “Live Trade Room” when, in fact, none of the trades called or profits claimed to have been made in the “Live Trade Room” can be found in any of Defendants’ accounts.... -CFTC

they could have just said "he sim traded only".

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  #264 (permalink)
Trading for Profit
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I don't get it. His channel on Youtube is still active. Just posted something 12 ours ago. Are they going to shut him down or not?

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  #265 (permalink)
Market Wizard
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emini2000 View Post
I don't get it. His channel on Youtube is still active. Just posted something 12 ours ago. Are they going to shut him down or not?

It passes the smell test if there is a claim of 'for education purpose only' somewhere.

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  #266 (permalink)
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cory View Post
It passes the smell test if there is a claim of 'for education purpose only' somewhere.

LOL. A bargain at any price.

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