I invested with a currency trading fund based on the published results, which looked fine. I met the owner, Austrian born Peter Panholzer in Monaco. He works out of Monaco, Switzerland, and may be London, too. After a short time, the results of my individual account were horrible. I withdraw the remaining funds after a loss of approx. 60% of the invested money. I understand that this is risky business. What I do not understand or find extremely and intentionally misleading are the published results on his various websites. They show positive figures, excellent returns, and my account should have grown according to these numbers. There were always vague excuses and inconsistent explanations why my account is not in line with the published figures.
Summary: Don't trust the published results, they are very likely "cosmetically" treated numbers and are not in line with real results as I experienced them! The company operates under the names: PAC Panforex (www.panforex.com), Dynex, and Peter Panholzer.
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