Teenager turned £2,000 into £21million in a year

[Deisel Weisel]

Has there been a thread about this already? Searched but found little mention.

http://www.plymouthherald.co.uk/Meet-Plymouth-teen... (warning pop-up adverts)

I don’t know anything about 'trading across currency, stock and commodities markets', but I’m finding this story very hard to believe. I’m thinking a possible Ponzi. He claims to have spent £170k on a Ferrari, but if you scroll to the bottom feedback messages, you’ll see someone claiming the car he’s sitting on in the photo is a replica. Also someone else rubbishing his claims on playing rugby.

[Deisel Weisel]

Maybe he hasn’t got a Ponzi con planned, but he’s using vastly exaggerated claims to attract money from investors. But having attracted that money he’ll play safe, and make modest returns, but a lot more returns than he’d have made with just £2000 invested.

[Deisel Weisel]

Update

Sentenced to 26 months in prison: http://www.dailymail.co.uk/news/article-3181350/Te...

Father making 'efforts' to repay those he defrauded.