WASHINGTON ââ Federal regulators want investing guru Wade Cook and his financial seminar service held in contempt for failing to refund millions of dollars to customers. The Federal Trade Commission said Thursday it had asked a federal judge to order Cook and his service to pay $5 million to a refund program for people who lost money following his advice. Pathetic rip-off artists
The Federal Trade Commission said Thursday it had asked a federal judge to order Cook and his service to pay $5 million to a refund program for people who lost money following his advice
lol..... well they finally got that guy. I think he was trying to be the Carleton Sheets of the stock market. For those who don't know Carleton Sheets, just stay up really late with insomnia and you will see his infomercials.
The Wade Crook odyssey: Taxi cab fare $20 Real Estate Seminars: $2,500 Stock market seminars: $4,000 Wearing an orange prison jumpsuit: Priceless There are some things money can't buy. For everything else, there's the Crook Card. Accepted by Wade Cook worldwide.
You know, I don't really feel too sorry for Crooks victims. You had to be a serious moron to fall for that guys spiel, and I have better things to do than worry about how pinheads are tossing thier money away. I'd like to see him locked away for 20 years, but not a penny to his 'victims'. Give the money to a good charity.