Anyone know what happend to Revere Capital Management

[DToelkes]

I have a Forex account that I thought was being autotraded by Revere Capital Management. I have not seen any trading activity in my account for some time now, and the website for Revere Capital Management is nowhere to be found.

I was introduced to them through Parmen Financial.

Anyone know what happened to them and how I might find out who is now holding my account?

 

[anley]

Sounds like they were a boiler room scam/fraud. There probably wasn't a Revere Capital Management, or Parmen Financial Just a bunch of scammers telling you they exist in order to set you up.

 

[wackypete2]

You are out of luck. Revere Capital Management was created by Sunspot Financial to handle customer orders. Both companies, along with several others, are owned or associated with Craig Karlis who is being brought up on fraud charges by the SEC. Some of the companies have been shutdown.

You have to do a bit of reading to find the info in these links.
http://www.forexpeacearmy.com/forex-forum/press-releases/4936-forex-startup.html
http://www.sec.gov/litigation/litreleases/2010/lr21712.htm

Peter