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inyadreems
06-25-2010, 06:49 AM
This is the investment company that gave presentations at FLETC!

Most of you should be familiar with him or his 2 companies!

http://jacksonville.com/news/metro/2010-06-23/story/wayne-mcleod-investment-firm-owner-found-dead

Wayne McLeod found dead


By Abel Harding

Investors in a Jacksonville-based advisory firm, whose clients included high-ranking federal law enforcement officials, received a hint of trouble last Friday in an e-mail from the company’s CEO.

Wayne McLeod told clients he was terminating the “FEBG Fund,” a private investment tool that had been marketed as an investment vehicle with spectacular returns.

Interest payments for the month of June had “been suspended” and “nothing further [would] be sent,” wrote McLeod, CEO of the Federal Employee Benefits Group. He went on to inform his clients that he was praying that they would forgive him at some point in the future.

Four days later, McLeod, 48, was found dead in a Mandarin park, apparently of a self-inflicted gunshot wound, the Jacksonville Sheriff’s Office said.

Married and the father of six children, he owned homes in Amelia Island and Saint Johns, a 38-foot yacht and left behind many unanswered questions.

More (http://jacksonville.com/news/metro/2010-06-23/story/wayne-mcleod-investment-firm-owner-found-dead)

OBGibby
06-25-2010, 12:23 PM
...a private investment tool that had been marketed as an investment vehicle with spectacular returns...


That's what we would call a clue...

Rustynutt
06-25-2010, 09:03 PM
Congress is bursting at the seams.
One can only hope there are no accounting errors within the TSP funds.

crws
06-25-2010, 10:05 PM
wow- I just saw this on yahoo today and posted this PM.
We used to get spam snail mail from these guys about investing TSP with them.
Now a different company is doing the same thing.
Unfortunately all our info is public domain, including your full name, rank/assignment location, and base salary.
I called the Dept of Agriculture last year about marketers after us because they had in investigation about contractors still allowed access and pilfering electronic records after their contract had terminated. Below is the article about McLeod, in case you haven't seen.

SEC halts alleged $34M Ponzi scheme

SEC says it halts alleged $34M Ponzi scheme targeting federal employees, law agents
http://www.tsptalk.com/mb/showthread.php?t=8498

theshot
06-29-2010, 04:51 PM
Looking for anyone who knew Mr. McLeod. Please call Jim Schoettler at 904-359-4385