Investigations undertaken by the liquidator of LSF and his attorneys, with Leaderguard South African Consultant Maria Elizabeth Van Dyk revealed another picture of traders all together.
When asked “tell me about Renso and his traders”, Maria replied “Well I know about Jonty Neels who was a family member of Renso’s wife… there was Swanepoel, and a short Jewish guy and lately there was an advocate who just started.” Van Dyk also reports that her requests for CVs of the Leaderguard traders led to “a supply of the most amazing CVs you can think of”. The CVs supplied evidently contained no names; “it was trader A, Trader B and Trader C”. Van Dyk also narrates a story about Richard Larmos (an information technologist) who told her that “…shortly after he moved to Mauritius, he… also traded”. She claimed that “he had 12 hours training and they gave him some money to trade”.
None of the above seems to suggest a selection of the world’s currency trading crème de la crème or, as the letter to investors asserts:- “Each trader concentrates on his own field of expertise and uses his own methods and strategies in the market. Combined with the proficiency of the Heads of Training who oversee all trading decisions, we have today one of the very best trading recipes in the world”.
Strange it is that it lost 80% of investor’s funds!
When asked “tell me about Renso and his traders”, Maria replied “Well I know about Jonty Neels who was a family member of Renso’s wife… there was Swanepoel, and a short Jewish guy and lately there was an advocate who just started.” Van Dyk also reports that her requests for CVs of the Leaderguard traders led to “a supply of the most amazing CVs you can think of”. The CVs supplied evidently contained no names; “it was trader A, Trader B and Trader C”. Van Dyk also narrates a story about Richard Larmos (an information technologist) who told her that “…shortly after he moved to Mauritius, he… also traded”. She claimed that “he had 12 hours training and they gave him some money to trade”.
None of the above seems to suggest a selection of the world’s currency trading crème de la crème or, as the letter to investors asserts:- “Each trader concentrates on his own field of expertise and uses his own methods and strategies in the market. Combined with the proficiency of the Heads of Training who oversee all trading decisions, we have today one of the very best trading recipes in the world”.
Strange it is that it lost 80% of investor’s funds!
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