I just learned in December of 2008 that a Money manager service was launched and has a new web site called emt forex but before you rush to wire money to this Investment Money Manager! I need some reviews on this new Forex Money Manager, I want to know if emtforex.com is regulated or has a membership to the NFA or is this another Currency Money Manager scam! Because forex is loaded with lots of fake money manager that will steal your money and take off! So let’s find out if the returns that emtforex is offering realistic and believable! please leave on honest review and this will make it easy for us to leave a fair ratings score on WHY TRADE THE FOREX

My wife and I have invested our life-savings into a company going by the name of EMT trading.(WHY TRADE THE FOREX) They are foreign exchange trading company, based out of Barcelona.

A friend of mine,had heard them on the 640 am radiostation in Toronto and got called by a man named Andrew Wasserman in Florida after sending for information.
He decided to invest with them and after a short while he was up quite substantial as the British Pound got shorted and the GBP indeed fell.

Thats when we decided we needed to get in on this as well. We talked to Andrew Wasserman and wired our first wire on the 9th of October 2008 to a bank in Spain.

Shortly after that Andrews phone got disconnected. After inquiring at the 800 number we finally got called by another man called Justin Alexander from the UK, who usually only deals with clients of $250 k and up but due to all the turmoil had agreed "to put us under his wing" . He was apologetic and was saying how the North American office is poorly organized etc.. Justin called frequently and kept us up to date.

We are able to monitor the account on-line and were getting excited about the returns to a point were we decided to another wire . The market continued to be in our favor .

On the 30 th of December we decided to cash in some of our profits for the first time. Our emails weren't returned , nor the phone calls. We finally spoke to Justin Alexander who assured that there was no problem getting some funds returned and that we would be called by Mark Sawyer. He did call but said all our money was in a pool and that the trade would end in two weeks. Our second wire was NEVER used in the trade and he was contradicting himself on another couple of points and finally said he would be in touch on monday at 0700. It is the 20 th of January 2009 today and still no reply.
We have now retained a lawyer and will take additional action if they don't comply.

I began trading with European Marketing Team (EMT Forex) last July 2008. I have since been passed on from person to person (FIVE people) for the entire time to date. I have seen Andrew Wasserman disappear off the face of the earth along with three other people from this company. At present I am dealing with a Justin Alexander and still it's hit and miss with communication.

Frankly I am very worried at this point about my funds and if I will ever see them again because each time I ask for any funds it is either deflected or ignored or excuses are given why I can't get them at this point.

Now the North American office of EMT Forex has also disappeared. No longer at their address listed on their website and their phone has also been disconnected. An answering service never seems to pass messages or they do and EMT chooses NOT to call me back.

There has been an incredible amount of 'cat and mouse' runaround with these people and I would advise in NOT dealing with EMT Forex AT ALL!

This is a follow up on the EMTFOREX SCAM. Here are some facts:

- The EMTwebsite is a clip-art website. Oliver Richter, who owns the domain is likely behind the site. They have been stolen from other sites. For what it matters the IP location is in Cleveland and their website is registered in Mumbai.

- EMT left their office in Jupiter FL at the end of September in the middle of the night and they owe Adele George, the property manager, heaps of money still. There is NO office on the address anymore despite Justin Alexander, the so called broker, saying the opposite in a recent conversation with Gil Tremewan. A New Zealand citizen who has the same problems with EMTforex and has significant funds into their company.

- Emtforex is not even registered as a trading company but a management consultancy company.
Mint Portal - EUROPEAN MARKETING TEAM
European Marketing Team (Single location) - 900 E Indiantown Rd - Jupiter - USA - D&B - AlacraStore.com

For those of you who have invested funds with EMTFOREX, PLEASE do your due diligence as we have, but too late it appears, as they are now saying that there is no funds left in my account today.

All phone conversations with EMT are on mp3 format, which we started to record after the first request, to get our funds back, was ignored and became suspicious. It will proof that they never had any intention of returning any funds. In addition another victim in Canada has done the same.

Anyone who wishes to sent me an email with questions or assistance in our case against emtforex please sent your email to rodricvw@gmail.com. I will reply within 24 h.
There is three other victims of this scam so far and we are all in touch.

This is a reply I received today, to a posting I had put up on a different forex site. (Courtesy of Poundem3)
For everyone considering investing with EMTFOREX, PLEASE do your due diligence. Start of by googling emtforex and see for yourself.
Any additional questions or help in our case against emtforex please email:rodricvw@gmail.com

"A friend of mine told me about EMT Forex and he showed me his account and on paper it looked great. We called Justin Alexander and he painted a very rosy picture for us. We did a search on the internet and we did not come up with anything derogatory. We decided to get involved. We set up an account online, waited for our log in info that we were told we would have by 1:00 that day. We didn't get the log in info that day but we did get a call from Justin asking if we had wired the money.I told him we wouldn't send it until we received our log in info and he said " I will fund your account with the $30,000.00 you are transferring so you can get into the trades right away.You will see this in your account when you get your log in info." We had the account info the next day but there had not been a deposit made on our behalf as he said there would be. He called again that morning asking if I was doing the wire transfer. I told him I was on the way to the bank. I was at the bank !
in the process of doing the transfer when my cell phone rang and one of my friends said to hold off because of what he found here. I was about one minute away from sending $30 K. I took the time to read these posts and decided against sending money. Justin called again that night asking about the transfer and I told him what I found out about EMT Forex. He said he was not aware of any issues was shocked that there were negative reviews online. He said someone form compliance would call me the next day and straighten it out. No call from compliance, no further calls from Justin Alexander, none of the 4 calls to the Florida answering service were ever returned and no return calls from Mister Alexander now that i am on to them.

I have no doubt that this is a scam and I was 60 seconds away from being taken like everyone else here. I have placed more calls to Mr Alexander and for some reason he no longer wants to speak to me.

Good luck to everyone on getting your money back."

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