omg! Guy Gentile Suretrader was commiting securities fraud all along

Discussion in 'Wall St. News' started by Grant Tinker, May 24, 2020.

  1. Grantx

    Grantx

    You haven't heard of the 'karen' ?
    From Wikipedia :
    Karen is a slang term that is used to typify a woman perceived to be entitled or demanding beyond the scope of what is considered appropriate or necessary. One of the most common Karen stereotypes is that of a white middle-aged woman, typically American, who displays aggressive behavior when she is obstructed from getting her way; such women are often depicted as demanding to "speak to the manager" and sometimes have a variation of the bob cut.
     
    #11     May 24, 2020
    faltd likes this.
  2. qlai

    qlai

    Lol, never knew that. I have met this Karen and she’s super nice person. Btw, I believe she’s his ex-wife. She’s running DAS Trader.
     
    #12     May 24, 2020
    faltd likes this.
  3. BAT31

    BAT31

    #13     May 24, 2020
  4. ironchef

    ironchef

    Many people used Madoff for years and years and were able to transfer money in and out. SEC didn't find any wrong doing either.
     
    #14     May 25, 2020
    apdxyk and Grant Tinker like this.
  5. guru

    guru


    Yes, but that’s not what that article says. It’s just a bunch of speculative assumptions, including that no one ever made any trades and never tried to withdraw money, without details, examples, victims, or anything. It gives the writer as much credibility as SureTrader.
     
    #15     May 25, 2020
    qlai likes this.
  6. Hahahaha
    Good one
     
    #16     May 25, 2020
  7. I'm not so sure. Someone quick should get the movie and book rights :)
    https://www.courthousenews.com/rogue-informant-sues-sec-over-retaliatory-subpoenas/
     
    #17     May 25, 2020
  8. OMoney

    OMoney

    Karen is his X wife that owns the trading software platform.

    Consider that the SEC is not going to stop until they get Gentile behind bars. He was an FBI informer to stay out of jail himself for his part on the penny stock scam, but they have not stopped.

    Closing down Sure Trader was a way for people to get around the Pattern Day Trader rule, so the SEC closed it. Sure took them a long time.

    It's likely that the SEC and Finra will eventually find a way to close down SpeedTrader as well. It would be a good idea to get an account out of there if you have one.
     
    #18     May 25, 2020
  9. First of all, I’m their daughter lol. My dad is no longer married to my mother and she is also not white, my mom is mixed race half jamaican half asian half european. She is not a stereotypical karen lol
     
    #19     Oct 27, 2020
    CALLumbus and Grantx like this.
  10. Divorced.
     
    #20     Oct 27, 2020