Amazingly, the positive reviews that you find on the net, its actually “Michael” possing with an ALIAS in order to deceive his victims. Be alerted, Michael & Iricelis have stoled over one million dollars from broker- Gilbert Gonzalez from Puerto Rico 787-510-4500.

Furthermore, here is an official link from SEC. http://www.cftc.gov/ucm/groups/public/@lrenforcementactions/documents/legalpleading/enfinovatradecomplaint012611.pdf

Be warned, Michael & Iricelis, are notorious criminals and should be considered armed and dangerous. Moreover, Michale has a criminal record in Virginia for carrying a loaded weapon in an airplane, heading toward Colombia in order to money launder his capital.

Both criminals are extremely friendly, amicable and sociable in order to act their role as professional investors. They also frequent Nicaragua, Peru, Colombia, and Puerto Rico.

Please post this data in your site in order to prevent future victims!!!!
Charles Del Campo
Sircharlesdc@aol.com
305-529-4949

Amazingly, both characters fleet the US Puerto Rico and are presently avoiding prosecution. Presently, Interpol is on their trail but these two gansters are masters of deception and their whereabouts remains unknown. Interestingly, Mr. Alcocer was associated with Gilbert Gonzalez who was also a victim of a one million dollar loss by Mr. Alcocer.

Like so, Mr. Alcocer presently operates out of Panama, Nicaragua ( Money Exhange Company) , Ecuador, Florida and Peru. If you research the net you will find multiple SEC charges againts Inovatrade, Michael Alcocer and Iricelis Bloise. Be alerted that they are both professional scam artist and should be cosidered armed and dangerous. Mr. Alcocer has a previous criminal charge in Virginia for carrying a conceal loaded weapon in an airplane heading toward Colombia.

If any of you have been a victim, do contact the FBI or Interpol.
Charles Del Campo
Sircharlesdc@aol.com
Private Detective

http://www.cftc.gov/PressRoom/PressReleases/pr5974-11.html

http://www.cftc.gov/ucm/groups/public/@lrenforcementactions/documents/legalpleading/enfinovatradecomplaint012611.pdf

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Additional Materials
Litigation Release No. 21712
SEC Complaint

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The SEC alleges that Craig Karlis of Hopkinton, Mass., and Ahmet Devrim Akyil formerly of Hingham, Mass., fraudulently raised approximately $40 million from approximately 750 investors in a purported foreign currency (Forex) trading venture through their firm Boston Trading and Research LLC (BTR). Investors were falsely promised that BTR had a system in place to limit trading losses. BTR also falsely claimed to investors that “we do not profit unless you do” while in reality Karlis and Akyil were illegally diverting investor money for their own personal use as well as to fund BTR’s operations and pay expenses for other companies with which they were associated.

“The bait was the promise by Akyil and Karlis to limit investor risk, and the switch was the theft and unauthorized trading that cost investors 90 percent of the invested funds,” said Robert Khuzami, Director of the SEC’s Division of Enforcement. “If you don’t deliver what you promise and violate the securities laws, we will hold you accountable.”

David Bergers, Director of the SEC’s Boston Regional Office, added, “Akyil and Karlis secretly enriched themselves while many of the defrauded investors lost their retirement savings and financial security.”

According to the SEC’s complaint filed in federal court in Boston, for a minimum investment of $10,000, investors could deposit money with the BTR program. BTR used a website, sales representatives and live presentations by Karlis and Akyil to solicit funds from investors around the world. Investors provided Akyil with a limited power of attorney that granted him the right to direct the trading of their funds in the Forex market.

The SEC alleges that BTR’s misrepresentations to investors included the following:

Investors would have 100 percent transparency about what was going on in their accounts through daily and monthly account statements and 24-hour access to real-time information about the trading Akyil was doing on their behalf.
Investors, through draw-down agreements, could lose no more than an agreed-upon percentage (typically 30 percent) of their investment.
The BTR trading system included an automatic stop-loss program that would curtail losses once they reached a certain percentage.
BTR and its principals would be paid from profits only.
The SEC alleges that BTR, through Akyil and with Karlis’s knowledge, traded funds differently from what was disclosed in daily account statements to investors. The balance and equity positions that BTR provided investors on their account statements did not show that their funds had been diminished through BTR’s use of investor money for undisclosed purposes. Meanwhile, Akyil and Karlis depleted the investment pool through misappropriation and trading losses far past the stop loss limits promised to investors. BTR collapsed in September 2008 and ultimately distributed the remaining funds to investors, which amounted to approximately 10 percent of their account balances.

The SEC’s complaint charges Akyil, Karlis, and BTR with violating the antifraud and registration provisions of the federal securities laws, and seeks civil injunctions, the return of ill-gotten gains, and financial penalties.

Separately, the U.S. Attorney’s Office for the District of Massachusetts today unsealed an indictment charging Akyil and Karlis with criminal violations based on the same misconduct. The SEC also acknowledges the assistance of the Commodity Futures Trading Commission.

Eric A. Forni, Kevin B. Currid, and Patrick J. Noone of the SEC’s Boston Regional Office conducted the SEC’s investigation. The SEC’s litigation will be led by Rachel Hershfang and Michael Foster. The SEC’s investigation is continuing.

# # #

For more information about this enforcement action, contact:

David P. Bergers
Regional Director, SEC’s Boston Regional Office
(617) 573-8927

John T. Dugan
Associate Regional Director, SEC’s Boston Regional Office
(617) 573-8936

Boston Trading & Research, now Boston Technologies tried to used commercial names that looks the impression that they ONLY sell technology software, but behind stage they are acting as full broker-dealer without license and any kind of money reserve; and with scrupulous practice with totally lack of ethic.

We are working very hard for the SEC, CFTC and FBI take immediately action against this fraudulent scheme companies.

Avoid this family scam companies!!