*beware before doing business with these people, it could cost you more than just your time, it cost your money as well*
This transaction begun around February through a colleague of ours, we were introduced to Mr. Peter Scollenne and Attorney Bruce Abbott (Blackhawk Wealth Management) and they were preparing to Management a platform trading opportunity for clients with at least One Million ($1,000, 000.00) USD cleared funds for management. This opportunity was clean, and simple as advertised but also supposedly safe. Scollenne and Abbott were to act as managers and Joint Venture Partners on the investment and for bringing in the clients, they would share in the Managed Buy-Sell of US Treasuries.
Through our broker relationships, my partners and I introduced two potential clients to them (one face-to-face) and the other by phone from his Florida residence to Scollenne and Abbott. Each of these clients elected to move forward because of the presentations and because of a law firm (representative — Todd, Ferentz, Schwartz & Rimberg) and because of the trade group Asset Manager (Mr. Francisco "Frank" Saez Fuentes) who was supposed to Manage and Trade the clients funds.
Transaction Breakdown and Timeline below
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