I am not sure which site I found Peter Newmann Investment Club, but it was a scam while it lasted. If anyone invested their money with PNI then you need to contact the authorities. I registered complaints with my state's attorney general's office, the FBI, and the SEC. I even got information from the bank that the company does business with and found out some information I wish I had k nown before I invested.




Also if you have accounts on sites like this spread the word so maybe one day these thugs will get caught.


Hopefully that will work. FYI, on there site it said that they had been in business since the mid 1990's, but PNI's website had only been up since 2008. Should have been red flag #1. #2 was when I made my initial deposit I had to make the check out to Litauto Trading Inc and not PNI Club. Do you have their Delaware address as I have only an address in Illinois as that is where my check ended up at. I checked with Chase Bank and the account number that was on the back of the check was for an apartment address in Palos Hills, IL. If they respond to you please post it to this thread so that the rest of us can contact them as they are in the spotlight with several federal and state agencies.

I hope what you said is true, fingers crossed. I just opened the account end of June. My check was to Litauto Trading Inc not PNI Club. I should have suspected something!!! But because I read the articles abt them in Forbes, therefore I thought it was safe. I will go after Forbes if they are found to be a scammer!
I started to suspect when I don't see my account statement, then I tried to log in to their website which I used to be able to see in July and saw my money there...
Then I stumbled onto sfkelley75 msg on this website. Now I am very worried. Thanks sfkelly75 for the instruction. I will give them couple of days till end of next week for their reply.
I sent an email to a guy who is assigned to be my consultant -Gregory Spielman on Aug 19, but I received email delivery failured message. I tried to call their number listed as +1 (877) 778-6983 but it was automatically directed to machine voicemail.
I will also post any updates to this thread if I have any news from them. Let's hope this is just some problems with their website and everything will be ok soon.

I wouldn't wait for a reply from them. Look at it this way. They should have informed everyone if they were shutting down or changing their website. Second, I wonder if they were even registered with the SEC as I couldn't find anything on them. I am really glad that I didn't invest any more than I did with them.


I found this link http://www.hyipnewsreviews.com/2010/04/peter-newmann-investment-club-lyip.html
which has their US and Switzerland's address. I tried to call their Switzerland's office. Didn't work!!!
I could still see the Forbes Magazine's article about PNICLUB last week but I can't see it anymore!! Damn, I was away on my trip and I didn't think of printing it!!!! Anyone has this article?







Hope you all can get back yr money soon.








Yesterday I'm functioning normally. Today I face destitution.