Louis Carabini is a real life super-villain. Louis Carabini is the owner and founder of Monex. He originally founded Monex as Pacific Coast Coin Exchange in 1967 for the purpose of selling precious metals to the public, both on leverage and for delivery. Carabini and his Monex Enterprise have been sued by hundreds of Monex customers and various U.S. and Canada regulatory agencies numerous times in federal court, various state courts, Canada courts, and CFTC court on a variety of allegations including securities fraud, commodities fraud, common law fraud, breach of contract, racketeering, federal tax avoidance, fraudulent conveyance, unfair competition, false advertising, bucketing, breach of fiduciary duty, and wrongful termination. Claimants repeatedly allege that the Monex business model relies heavily on marketing the Monex investments to un-savvy investors, especially the elderly, and making promises of massive profits through fraudulent advice and false advertising. When the vast majority of these investors discover that they have lost most or all of their investment capital and wish to seek a recovery, they face an opponent with a highly experienced legal team and unlimited financial resources. Louis Carabini is believed to carry a liquid net worth of approximately $2 billion as a result of profits from Monex.Louis Carabini has bankrupted THOUSANDS of people, pushed elderly people out into the streets and even caused people to commit suicide after having their life savings wiped out.