Making Money on the Internet: North Sea Forex Group (NSFG)

They don't have a website. The following text is copied from the e-mail autoresponder, you can get a copy mailed to you by sending an empty e-mail to info[at]ns-fg.com

There's also an interview here:
http://hyiag.blogspot.com/2005/10/ns...er-9-2005.html

Welcome to the Northsea Forex Group (NSFG)

NSFG is a Private Forex Programme created by Paul Twyman and Kenneth
Peippo in early September 2005. If you are a visitor of various online
investment forums you will know us from our user ID’s of "grubling" and
"ecoaid". We are a strictly private group and we do not operate any
website or online presence.

We wish to emphasise at this point that the reason that NSFG was
created was that we were both fed up of all the scams that are running,
posing as real trading programmes when in fact they are not. NSFG is doing
REAL forex trading through a major Swiss broker and all returns are
genuine and proven.

All Active investors will have access to full DD disclosure including
photo documentation, verifiable personal contact information and account
information from our broker. We wish to make sure you feel 100%
comfortable with your funds being managed by NSFG and assure you that any
questions asked in this respect will be answered.

We have approached the creating of NSFG as though we were the investors
ourselves and what would we want from it:

· Proof of Funds being traded and returns generated.
· Proof of who is running the pool with full disclosure with traceable
information provided.
· Access to the programme operators by all investors and not just those
that invest high amounts.

Profit Targets & Risk Minimizing Factors:

Based on past performance we expect to be able to offer our investors a
net return of around 10-20% each month. While trading forex is
considered high risk, Kenneth has applied a very strict risk minimizing
strategy that ensures that large losses are never realised. This is done by
always using stop/loss on all positions and never using more than 3-5%
(risk per trade) of the total equity in each position.

Deposit & Withdrawals:

Deposits are accepted through:

E-gold - 2395176 - Northsea Forex Group
E-bullion - C01469 - Northsea Forex Group
EMO - paul@northseaforexgroup.com - Northsea Forex Group

Minimum investment is $100 and there is no upper limit on Deposits.
Deposits run on a monthly basis and the deadline for making a deposit is
the 25th. If you make your deposit on or before the 25th your deposit
will be active from the 1st of the following month. If you deposit later
than the 25th your deposit will put on hold and credited one month
later.

Withdrawals are also processed through the same e-currency that you
deposited with, however if you deposit with several then you may choose
your withdrawal method accordingly. The minimum withdrawal amount is $50
and the deadline for sending in your withdrawal request is the 15th.
You will receive your withdrawal on or around the 25th of that month.
Please note that the amount you request for withdrawal will NOT earn any
interest in the month that the request is made.

NSFG do NOT charge fees for any deposits or withdrawals from your
account.

The only charge that NSFG makes is on the returns that are produced. At
the end of each month the Total Interest % rise is determined. From
this 25% is deducted as a management fee. So if at the end of one month
the interest rate were 10%, the portfolio return rate would be 7.5% on
everyone’s account balance. I am sure you agree that it is better for us
to only take a % when we are actually making money each month than
charge a monthly admin fee or to charge account holders for each and every
deposit and withdrawal.

Investment terms:

Your investment with NSFG is not bound for any length of time, this is
your money and you are free to do with it as you wish. Returns are
automatically compounded if you leave them without withdrawing anything.

Before the 15th of the month you will receive a statement by email,
which will include your end monthly balance along with documentation of
our trades in the form of screenshots and account statements.

If you want to belong to a programme that is 100% genuine with returns
that are proven with full knowledge of who is running it, then to apply
to join NSFG please send an email with “Application Form” in the
subject to:

applications@ns-fg.com

An application form will be sent to you, along with the relevant
instructions.

Contact Details:

As mentioned above we have a Full and Total Disclosure policy so please
do contact one of the Partners with any and all queries, be it before
or after you have applied, and we will be happy to answer them all.

In the first instance, queries should be put to Paul as the Programmer
Administrator and he can be reached on the following:

Private Email - paul@northseaforexgroup.com
YahooID – Paul_nfg
Skype - Grubling

Or for trading queries you can contact Ken:

Private Email - Ken@northseaforexgroup.com
YahooID - Ecoaid
Skype - Ecoaid

For additional Due Diligence information, please send an email here:

dd@n-fg.com

I hope that we have a long and fruitful Relationship.

Paul Twyman & Kenneth Peippo
Partners - Northsea Forex Group