I'll check by tomorrow. But settlement discussions etc. are typically not submitted to the court(1). And settlements themselves may be (and appears to be, in this case) confidential.
_______________
1. https://www.law.cornell.edu/rules/fre/rule_408
Karen at court
- Thread starter Pekelo
- Start date
- Status
I'll check by tomorrow. But settlement discussions etc. are typically not submitted to the court(1). And settlements themselves may be (and appears to be, in this case) confidential.
_______________
1. https://www.law.cornell.edu/rules/fre/rule_408
I had some time to kill before a client meeting, so I emailed Alumni Affairs at Wake Forest University and told them that their 2014 Distinguished Alumni Award Winner (MBA '84) was under indictment by the SEC by CFTC Criminal Complaint and is currently standing Federal Trial for Fraud. They put a YouTube video up for her. Should re-think that one.
I also made a comment about her indictment and trial in several of her glorious YouTube videos. Those channels should also re-think that one.
First options trader that I've ever heard of that didn't care about an option's delta. Amazing.
I also made a comment about her indictment and trial in several of her glorious YouTube videos. Those channels should also re-think that one.
First options trader that I've ever heard of that didn't care about an option's delta. Amazing.
Apparently not since 2 weeks ago.
It is like raping accusations, as long as there is a settlement, it never happened...
I attended quite a few courses.
These are my comments on some of the coaches which I had learnt from.
1. Former fund manager ( this is what he claimed).
Coached us on forex trading.
He taught us 100% accuracy system !!! hahaha !
He showed us a paid website which gave few signals during a year.
He said he would trade live during the class.
So during class, he called a broker to place an order for only one pathetic lot.
My goodness!!
Former fund manager traded with one tiny lot in a year?
I thought he would be trading tens or hundreds of lots !
Whatever he taught could not be used because his strategies using indicators
were very vague.
He has excellent speaking and Public relations.
Perhaps that was main reason why he could attract thousands of students.
He survived by teaching, not trading.
This is the best class class to attend if you want to learn how to
sell fridge to the eskimo
2. Former forex trader.
He taught us using indicators and various strategies.
He had weekly followup sessions even after the course.
Perhaps that was main reason why he could attract thousands of students.
He survived by teaching, not trading.
He also posted his trades on his website.
For those trades, he didn't use any of the strategies he taught us.
Took me years to realise he was an unsuccessful forex trader.
and took me years to unlearn, decontaminate my mind , delete his garbage teachings
from my mind.
So be careful if you attend trading courses.
These are my comments on some of the coaches which I had learnt from.
1. Former fund manager ( this is what he claimed).
Coached us on forex trading.
He taught us 100% accuracy system !!! hahaha !
He showed us a paid website which gave few signals during a year.
He said he would trade live during the class.
So during class, he called a broker to place an order for only one pathetic lot.
My goodness!!
Former fund manager traded with one tiny lot in a year?
I thought he would be trading tens or hundreds of lots !
Whatever he taught could not be used because his strategies using indicators
were very vague.
He has excellent speaking and Public relations.
Perhaps that was main reason why he could attract thousands of students.
He survived by teaching, not trading.
This is the best class class to attend if you want to learn how to
sell fridge to the eskimo
2. Former forex trader.
He taught us using indicators and various strategies.
He had weekly followup sessions even after the course.
Perhaps that was main reason why he could attract thousands of students.
He survived by teaching, not trading.
He also posted his trades on his website.
For those trades, he didn't use any of the strategies he taught us.
Took me years to realise he was an unsuccessful forex trader.
and took me years to unlearn, decontaminate my mind , delete his garbage teachings
from my mind.
So be careful if you attend trading courses.
Somebody said this a year ago:
If you guys read the early posts, after she paid a 100K SEC fine for not having full disclosure people couldn't accuse her of not having that. That 100K was money well spent!!!
If you guys read the early posts, after she paid a 100K SEC fine for not having full disclosure people couldn't accuse her of not having that. That 100K was money well spent!!!
You bring up a great point. If you're going to steal money - steal a ridiculous amount of money. Apparently in a twisted perversity of justice it can be an advantage, especially if the aggrieved parties are anxious to recover what they can.
Super Karen was falsifying monthly statements in order to collect management fees - I don't see how she gets around that one.
Last edited:
Easily, because she did not. There was no misstated accounting, so to speak. What she did was she traded not in her investors' best interest. IIRC she did disclose the carried over losses, (remember, 100K SEC fine taught her to do so) but her payment was based on closed out trade profits, so as long as she carried over the loss but was able to show a bagged profit she was technically/legally speaking OK.
And how she got around that one? With a settlement...
She could have used the famous Enron defense too, I am stupid, but not a criminal. The jury would have believed her.
Last edited:
Well Karen is a super trader after all!
Ah you never know, maybe one of us here from Elitetrader could be called in to testify as an expert witness to educate those "southern belles". LOL
- Status