Jackson Jambalaya

Has Wolfe been hiding? Somebody said that he could not be found. I'll bet the wife moves in with her folks sooner than later.

I know someone who saw him at a local salon getting his hair done.....

He needs more than his hair done!

Mr Wolfe was seen enjoying a cold one Friday night at BWW. Not hiding probably enjoying the new attention!! He is a SICK man!

Philip Thomas comments.

I might be able to give you all another side to this story soon. Looks like I might lose my own home because of Wolfe's actions. His inability to run a business reaches further than to only the investors of the company.

from what i understand he is a coward

I stubbed my toe last week! Dammit Marshall Wolfe!

I lost money with no answer or explanation from Mr Wolfe. Dammit Marshall Wolfe! I have seen annual tax returns in which Wolfe always took big losses but claimed he was doing well. Dammit Marshall Wolfe! I know retired going back to work. Dammit Marshall Wofle! I know little old women now living on social security. Dammit Marshall Wolfe! I know three kids loosing a home, health insurance and security. Dammit Marshall Wolfe!

Marshall Wolfe was paying abnormally high rate of returns. Nothing even close to what the rest of the market was paying. I suspect greed was the underlying emotion Mr. Wolfe had working for him. Investors wanted to believe everything was fine because they knew they could not make as much money anywhere else. Dammit yourself!

Why the hell were little old women investing in something as risky as a real estate investment scheme in Jackson, MS? Ever heard of a CD, Mutual Fund, Treasury Bills? Did these people not have an investment advisor? Or even know someone who did? Maybe watch TV or listen to Dave Ramsey! Give me a break!!!

9:18 Thank you for the definition of Ponzi Scheme.

9:28 Actually Marshall Wolfe started his career as a financial advisor. That is where most of his investors came from. There, the church, and his family reunion.

10:06 What should be defined is the person who falls for a ponzi scheme. After all, they are what gives schemes like Mr. Wolfe's a life. I'm not saying Mr. Wolfe is not guilty of taking advantage of people, but every person has a responsibility for themselves and their actions.

10:17 Ever heard of a second opinion? Accountant? Independent research or observation. Being duped sucks. I get it. Being duped and not taking responsibility for your own mistakes is pathetic. Taking the advice of the late MJ, you need to be looking at the man in the mirror!

10:17 MJ, interesting...lets discuss. So how did things work out for MJ? Did he achieve greatness with music, why yes. Is he still with us, well no. Did he accumulate massive debt, well yes. Is he able to read his kids a bed time story and tuck them in, sadly no.

I get it! Accountability to the investors with the song and a similar sad ending like our own MW! Oh, of course without the greatness of anything.

So lets not get to far ahead of ourselves but sources predict a very bad future for our own MW.

Question, will the investors being the man in the mirror with accountability make it easier for MW's wife and kids whom will be left with nothing as there will only be long sad nights without their father?

Please understand our own MW has hurt much more than the investors!!

And please lets return to conversations above that of 6th grade references, please!

At least that woman is young enough to get out and get a job and work to support her family. Some of those investors were retired and due to age and physical conditions, can't work as they once did.

As for due diligence, several did do their research but the financials and appraisals were allegedly forged as well.

10:34 Again, thank you for your definition of VICTIM.

11:43 what sources would those be that you're speaking? Is this America? Does due process exist?

6:48 Obviously you are young sorry for the banter. Have a good day at school try not to drool and keep that helmet on...and yes you are very special. Oh, ask your geography teacher today where you are and he/she should confirm you are in America!

7:25 Banter is not an excuse to resort to making fun of "special people". Let's try to keep this conversation on point. The fact is, there is nothing but a vague complaint against a group of alleged scam artists. Alleged, mind you. Who hasn't lost money in this market? Especially, the real estate market! I think everyone should pump the brakes and search for truth. I know it is much more fun to make wild allegations and inappropriate references to "special people", but finding the sobering truth will be more rewarding. KF has some real work to do instead having to erase half-witted comments by people obviously connected to one side of the argument. It will be interesting to see what surfaces. If all of the defendants involved in this mess are not guilty, I would hate to be the person on the other side when this is all over. As for Marshall Wolfe, he will have to reap what he has sown.

You know, I was approached by MW a couple of years ago about investing with him (actually, while it was still called Tactical Financial Solutions), and I can tell you from my own observations: someone with even pretty good sense should have been wary about investing in what he was doing. Did I see anything illegal about it? No. Did I see anything unethical about it? No. Did I see anything immoral about it? No. Was it much more speculative than what I was comfortable with? Yes.

I certainly understand people being upset and looking for retribution when they've been involved in something that turns out to be illegal or if they've flatly been misled. However, I have a real problem when people go after a company/person when they lose money because of a change in market conditions or other influences outside of the investing party's control. Again it was clear to me that MW's model was way outside my level of comfort, as it related to speculation and loss of control of the model if any variables came into play, so I chose not to invest. That being said, had I invested, and had I lost money with him (unless there's a WHOLE lot of additional information that I don't know - and I have talked with MANY people with intimate knowledge of this case), it would have been my loss alone. Remember: when a lot of TFS/SV clients came on board, the market was flying high, and everyone believed that things would go eternally upward. People didn't consider that, with a few small glitches, any of these investment models could crumble.

I guess my bottom line is this: there were instances, during the times in question, where I was able to offer people very sound real estate deals with VERY good, safe rates of return, only to have them eschew those deals for much more speculative deals with unrealistic rates of return. And much like the investors with MW, many of them got burned.....and they're angry with the investment entity......and they're fighting......and they're suing....... While I'm sympathetic to anyone who loses money in a deal, I also think investors bear responsibility for (a) picking the types of deals of which they choose to become a part, and (b) understanding the fact that there are no guarantees in investing. Furthermore, the higher the return, more likely than not, the higher the risk. So if someone relies on their investments to keep them afloat, it might be better for them to consider safe deals (If you don't mind being a passenger, expect to accept the ups and downs of the ride)

If anyone with SV did something wrong, they should be held to account for their wrongdoing; however, if the model I saw a few years ago is the same model that was in play at the end, it looks to me as if the market went bad, the model failed as a result, and people are now angry that the "eternally up" trend didn't hold......anyone have additional information?

AMEN

The information appears in the later post.