In 2011 I started studying stock Day Trading with Mark Moskowitz and his company Day Trade Well. after studying with him for about a year he told me that he was starting an investment fund, under the name Edge Trading LLC using his proprietary trading strategy and he offered to let me invest in the fund. By August of 2012 I had invested $100,000. This was set up as a long term investment fund with a 30% fee on any gains, payable when I withdrew money from the fund. | He also offered to day trade for me. I gave him $100,000 which he traded for me. My wife had recently suffered a traumatic brain injury and could no longer work. The returns Mark was offering were so good I accepted his offer. I paid a monthly fee and a commission based on monthly earning. He sent me a monthly check with a statement of the fees and earnings. | I thought I knew Mark Moskowitz and I trusted him. I entrusted him with 90% of my wife’s and my life savings. Now we are forced to sell our home because he will not return our money. | On March 19, 2015 I requested a disbursement of $15,000 from the long term fund at Edge Trading LLC. This normally takes 30 to 45 days. I frequently enquired and was advised by Mark that there was a paperwork problem and a confusion with another equity fund. I signed the paperwork and was told I would receive the disbursement the following week, the week of June 8, 2015. The check never arrived and Mark became less communicative and more difficult to contact. I became very anxious about Mark Moskowitz’s integrity and the safety of our money. I requested that all of my accounts be closed and the funds disbursed to me. He never provided the paperwork to close the accounts | Mark Moskowitz finally gave us a check for $15,000 on Monday June 15, 2015 and the check bounced. He gave a vague explanation of the problem as some sort of litigation but would provide no details or any other individual, attorney, fund manager, who could corroborate his story and confirm the existence of the accounts that were holding our money. He said he would fix the problem and get us the funds which he never did. He made a number of commitments for dates we would have the money and to date he has never kept any of those commitments. | At this time Edge Trading LLC, Mark Moskowitz owes us $15,000 that I requested in March 19, 2015 plus the balance of our funds which totals approximately $230,000.
Edge Trading LLC
Phone: (908) 656-5151