My god. Do you realize that they used to put people on Unsolved Mysteries when they con someone out of $10,000?
I may not have understood this correctly...
1. You don't know anything about trading or this given 'business'.
2. MP steps forward and offers to 'help' you, by taking your money and investing it in a sure fire can't miss get rich quick scheme.
3. MP represented himself as a properly licensed money manager, whom in writing somewhere, indicated that he traded for other people as well, and made them a lot of money.
4. MP persuaded you to open an account at a real brokerage, and then proceeded to trade your money FOR YOU. He DID NOT tell you what to trade so you made the trades, he did, trading things that he chose, not you (I don't know about your brokerage, but even forums track IP addresses. It should be easy to subpoena the login IP's by date and time of anyone who logged into your account).
So, if the above is correct, you were 'conned' by the classic conman. He offers to sell you the Golden Gate Bridge for $1 and you bought it. However, there are laws to protect people from predators like this, and if you were in the states, I'd suggest you call your local DA and ask him for advice. I know that in my area, you are subject to arrest for intentionally bouncing a check, and you can be arrested and held on fraud if the person prosecutes... that is, $100 bounced checks.
$10,000, and you didn't know what you were doing and did none of the trading yourself? That's misrepresentation of his status (that he is legally able to manage other people's money) at the least, and fraud at the worst.
Since you are not in the US, there has to be a legal advisor for the military in Japan who can at least tell you who to talk to to get help. I would think that the military has people who deal with this kind of issue specifically, you need to find out.
At the least, I know that managing someone's money without a license is illegal and subject to fines and possibly imprisonment. But given that you knew nothing about forex trading, and did not direct the trading in any way, what he did was no different than someone scamming someone else out of money to 'open a restaurant', a situation that I saw in the news a few weeks ago, resulting in the arrest and imprisonment of the 'con artist' for fraud.
While this may not pertain specifically to you, here's a few cases of fraud indictments for people who did similar things, albeit on a larger scale. You need to talk to a DA, but I'm not sure of the jurisdiction... where he lives is most likely the proper channel, and I'd be writing to the DA in his hometown tomorrow, in addition to writing the SEC and trying to talk to your local military legal advisor.
An article about a fraud case in Southern California brought against people who "obtained over $100 million from investors on the basis of false and misleading representations.... charges with misusing investor funds..."
http://www.usdoj.gov/usao/cas/press/cas50616-1.pdf
Another type of fraud case in NY, where a 'money manager' was sentenced to jail for defrauding private investors and laundering the proceeds (his trades were REAL trades right? I wasn't sure. From what others have posted, the trades he supposedly made were not possible at the time they supposedly occurred because the prices were not accurate for that time?). "admitted in federal court that he told individuals and entities that he was investing their money in bonds, mutual funds and other documented investments and that he then put their money to different uses, including the payment of personal expenses and to repay other victims."
http://newyork.fbi.gov/dojpressrel/pressrel06/stockbroker_sent051006.htm
Finally, here's a page from Duke University about Internet Fraud:
http://www.law.duke.edu/journals/dltr/articles/2001dltr0006.html
" The Investment Advisers Act of 1940 was intended to regulate those individuals and companies providing investment advice by making it illegal for "investment advisors" to defraud their investors. In Lowe v. Securities and Exchange Commission, the Supreme Court set forth a definition of an investment adviser as a person who "for compensation, engages in the business of advising others, either directly or through publications or writings, as to the value of securities or as to the advisability of investing in, purchasing, or selling, or who for compensation and as part of a regular business, issue or promulgate analyses or reports concerning securities.4 The Court held that the intent for such a statute was clear-Congress was interested in "regulating the business of rendering investment advice, including publishing activities that a normal incident thereto.5 This broad definition is cut back by several exceptions, one of which is the First Amendment rights of the press to publish non-personalized information. "
If I were you, if you don't get your money back very soon, I'd be pursuing every avenue to have this guy imprisoned... and the law above appears to be on your side. At the least, his life would be a living hell for the next 2 years til he goes to court.
$10,000 may not be worth the satisfaction you can buy from knowing that he'll have to hire an attorney, pay for unrefundable bonding out of his arrest, and the distress to his family, co-workers and associates, or the fun he'll have in jail between his arrest and the time he gets bonded out ... but it will help.
