Here is an excerpt from an email Charlie Vaccaro sent to one of his many victims. This guy, like so many others, me included, are trying desperately to get Vaccaro to come clean and return all the money he has taken from us. Anyway, while I wish what Vaccaro is saying here were true, it is simply another broken promise, another one of his many lies. We have to give him credit though, he does have a way with bullshit, doesn't he. I can provide anyone who wishes, a PDF copy of this supposed Private Placement. Here is the email:
Now for your debt from Element Trading Corp. I have no control or say in the matters of Element Trading Corp. Element Trading Corp is a Panamanian Corporation, as you know since you signed a trading agreement with them. All request must be directed to them. The contact information should be in your trader agreement.I am in the process of completing a private placement and jointly a merger to bring Element Trading Technologies LLC a New York Corporation public. Once this is completed and it may be as early as two weeks, I will be able to make a deal with the principles of the Panamanian Corp to acquire their traders and their corresponding balances. If that happens Element Trading Technologies LLC will pay back any trader who has a balance on their books.
As soon as I know more on the above offering I will make an announcement to all involved.