While reading this post in the Banners Broker thread today I ran across a name I had not heard in a while:
Remember "Forex4free" (2010-2011)? The generous outfit that claimed they were such hot forex traders that they would give you a free $200 account that would skyrocket in value and that you could withdraw from as soon as soon as it hit $1,500 and certain ever-changing recruitment goals had been achieved? Oops, then like over a year later the word went out that you would have to "unlock" your account by sending in $50 ... then even later (after the admin had been offended by all of the whining), an announcement that a further deposit of $40 was required to "separate those who were serious from those who were not". They then disappeared.
Yep, "Annegrete Krings" promoted it.
How to Make Free Money! - Forex4free - Annegrete Krings - FriendFeed
But never fear! Annegrete and her purporteded husband Mike Burrows decided that they could restore all of those forex4free victims to wholeness by forex trading themselves!
A Simple Forex Trading Concept. - What are Forex Shares?
They gave birth to FX Global Networks (fxglobal.info - defunct - forum still exists) with the "conservative" goal of 1% per day. They collected somewhere approaching $30,000 from the disenchanted forex4free members. Annegrete's posts in Lexiboy's forum (their enthusiastic promoter) became less and less frequent. Mike forgot to set stop-losses. He got depressed. They stopped communicating. Members statements began to reflect huge losses. "Lexiboy" finally posted:
So what is Annegrete Krings up to these days?
Annegrete Krings - Average Daily Earnings of 3.2% on Forex!
... and promoting Banners Broker ... and promoting the "Not So Average Joe's Feeder System" ... and failing at staying sober?