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Dec 19th 2007
It’s a total piece of crap that I spent my $1,000 on and I would ask everyone who’s considering to pay a membership to “learn” what you can to avoid it.
I’ll talk about it later, it’s 6.20AM here.
Popularity: 51% [?]
14 Responses to “Global One Group, Avoid”
- 1 Pingback on Jan 4th, 2008 at 12:02 am
- 2 Pingback on Oct 25th, 2008 at 3:14 am
I have been with Global One a long time , and yes they have had problems with brokers and company’s that were beyond their control. 97% of all G1G memebers are behind this company all the way to the bank. A couple of people are not going to hurt us by spreading lies and rumors on this site, Hell, they don’t even have enough Ball’s to use their real names. If you had such a problem with this company , all you had to do is call them and tell them you wanted out and I’m sure something could be worked out. Everything was in writing when joined this company, If you can’t handle the Forex market, THEN RUN HOME TO MOMMY AND LEAVE THE TRADING TO THE BIG BOY’S.. !!! Happy to be here .. Tom
Where are ya jude?? hope you are ok!
Pete
Where is the link to it?
When I read the blog by someone without the guts to leave his name, I have to reply to his or her slanderous remarks!
I have been a member of Global One Group since May of 2006. The integrity of the principals, in my opinion is above reproach. As a matter of fact they endeavor to deliver MORE than they promise.
Since I’ve been a member, the only problems they have ever had have been caused by Third parties, primarily brokers such as COES, Finex, Verengold, UNOfx, among others that have either gone out of business taking our money with them, closed down by the NFA, for wrong doing, losing there cap (required by the NFA) or treated Global One unfairly (bad fills, excessive charges etc.).
The Forex education that I have received has been outstanding, and is taught in a way that is easy to understand.
I am currently trading in demo accounts, primarily, because of lack of time to properly trade the Forex, the good news that based on the principals taught by Global One, my demo accounts have been profitable.
I realize that trading a live account is not the same as a demo account, but Global One also covers the philosophical side of trading, and ways to minimize the emotions of trading.
Jim Palmer
San Antonio, Texas
Well Mr Palmer,
It is amazing to see a member go to such extent to answer every post on different internet sites that criticize Global One Group. This in my eyes looks more like a staff or owner trying to downplay what is really going on.
Everyone who does a search on Google for Global One Group can read numerous posts about people who has been promised their lost money back for 2 years, but G1 always comes up with excuses.
This is the fact! Nothing you can say about that and that is what makes people frustrated.
If they would have the integrity they say they have, why isn’t monies being paid back? And what did your parents teach you when you were a kid? “If someone has to say they are a “GOOD GUY” they sure aren’t.” Good guys don’t have to tell anyone that they are good guys…
Time to do something about it!!
My name is David Murray and I am a reporter with the Lewistown News-Argus in Lewistown, Montana. On Tuesday, Jan. 6, 2009, the newspaper recieved an official press release from the U.S. Attorney’s Office for the District of Nevada informing us that Global One, its CEO Richard Young and co-founder William Willard have been indicted on multiple federal charges including conspiracy, mail fraud, wire fraud, money laundering and engaging in money transactions in property derived from unlawful activity.
I am preparing a news story and would like contact from individuals familiar with Global One and/or Rick Young.
You can contact me by phone at the Lewistown News-Argus (406) 535-3401 or by e-mail at reporter1@lewistownnews.com
That is what happens, Mr Willard and Mr Young, when you steal my money!
http://global-one-group-scam.blogspot.com/
At least three years ago I found two law suits on the Internet. One was in New York and the other was in Washington state. The suits concerned a Ponzi scheme and many defendents were listed including Rick Young of Lewistown, MT. At that time, his address was still listed at a mobile home on Marcella Ave. I printed off part of the 160-plus pages, but have since misplaced them. Does anyone out there have any information on these law suits? If I remember right, the amount of money stated was a few hundred million dollars, much more than is cited by the U.S. attorney in Reno and at least two years before the start-date cited by the Reno U.S. attorney’s office. I can no longer find those suits listed on the Internet, but would like to review the information again. To all those risk-taking investors, “Don’t take any wooden nickels!”
Josiah
Does anybody know what’s going on with G1 right now? I haven’t heard any news for a while. Last I heard they were still promising to payout “kaching” to those of us who lent them money. I haven’t seen a dime in over two years
Update: 03/09/2010
Well I seem to have fallen into the scheme also. On a recommendation of a friend(?), I invested in January 2010 a bunch of $$$$ only to get to same promises that it seems Mr Young is STILL promising. In his daily seminars, he has stated that he can not (according to the court), manage anyone’s money……. seems that’s exactly what he’s doing……..
I was told that the money was a “gift”……. and he could do whatever he wanted with it…. yes, he did promise “ka-ching”.
Now, since I gave him the money, I have been told to back off and let him work at making us money….. He says the money is in 3 EAs and that because of the volatility, the accounts are “flat”.
I believe that they money was used for other things, and never invested in any accounts as Mr Young has stated to me……
Somewhere, somehow, this ponzi scheme has got to come to an end. Too many people are losing their butts, by a very bad fella. He will continue to bilk people of their money until he is stopped, period.
At one time, his intentions may have been good, but now as I see it, he is caught in a vicious circle of lies that has backed him against the wall where he can’t make good on all of the promises he has made.
Lost my money??? yeah probably, pissed??? yeah probably. But I am willing to bring this to an end in helping the gov’t prove their case.
I have the cancelled check with Rick’s name on them. I can prove it if asked. All you folks in Global One, wake up a bit, and take a bit different look at what’s going on………. He never shows the “real accounts” and only let’s you see the demo accounts….. If he is that proud of him track record, he would show the real accounts, he loves to show off his track record…. that’s why there aren’t any real accounts, period.
If they are out there Pip Daddy, I challenge you to show us.
An open letter to Mr Martin & Mr Palmer…..
After reading this thread and seeing your comments about Global 1, and of course being 1 1/2 years ago or so since you made these comments….. are you still riding the Global 1 band wagon?
Been getting the Ka-Ching? hmmmm thought not.
Sooner or later, the Global 1 will be exposed for what they are. Nothings changed, Ricky and his cronies scammed people back in 2006-2008 and they are still doing it !, and it’s 2010 !!!
Maybe the government needs to step up it’s case.
Yep, another comment by me.
Peter Penguin
Like I said, I am not hiding and if asked to help prove the case, I would come forward with a real name. Nothing to hide, only want to see the truth.
Have a special day !