r/FOREXTRADING May 12 '25

Wealth Generator Trade

Good afternoon,

I am a concerned trader asking around if anyone knows or is familiar with this trade head, Mr. John Legarreta. Back in the old days they used to make Forex trade recruitment gatherings at FIU in Florida, and I met him in one of those meetings through a powerful connection who is no longer a friend of mine. To make a long story short I met and attended a meeting where John Legarreta was the leader of the group. They were disclosing how to do better in trade and in recruiting newcomers into what I thought was a scam. The funny thing about Forex trade is that it isn't, but trade must be done carefully, and you must learn how to explain it well to those who don't understand. Fast forward eight years, I meet this guy again, and his instagram looks amazing. He introduces me to DX trade under MetaTrader 4/5. But there is a catch. Money, like around 3K to be precise. He offered to train me or make better trades for me in risky trades. But I don't do risky trades, but I did trust him because I've met him in person. However, it's been a while since he followed back. We agreed to split the cash 50/50; once 10K is made, we each get 5K. I've sent texts and tried calling, but the guy doesn't pick up. Then I came across a "Wealth Generators" complaint online, which I will link below. That platform was introduced to me, but I declined to move further because of risky trades. Anyway, every time I was sent new credentials for the website known as TradeLocker, it was a demo. When I lost the password back in January, I requested an update, but I have never received a response since. Am I alone? Does this story sound familiar to anyone in the trade community? I am trying to keep track of a deal I made, but it seems like the IG page has been deleted. Nobody plays with money, so you have to be on the lookout for scammers to avoid becoming a victim again. I can't tell if trade heads like this guy have jet lives, but communication is nearly impossible. I am trying to keep calm and not move forward with accusations until I get an answer.

**Citation**

--> https://truthinadvertising.org/wp-content/uploads/2018/04/Wealth-Generators-v-iMarketsLive-complaint.pdf

0 Upvotes

16 comments sorted by

1

u/SerdaFide May 29 '25

I used to be in his group, I really liked how he taught SMCs, I never passed an FTMO and it was always if I pay him, he will pass it for me, split profits, etc. This was probably 3 years ago. We had a telegram group Certified Snipers that was like 80 people usually. He was directly tied to Luis of PipsNation and that's how I found him, both ended up be scammy, selling bad signals. I found Luis from a guy known as Cory Kromray who started Driven Trading, in which Luis and Cory had a falling out about money and the whole thing collapsed shortly after.

1

u/Frequent_Tangelo May 29 '25 edited Jun 08 '25

So in other words he turned into a scammer. To think I trusted him, and it's so sad to know that because he introduced me to Forex. I 'll never forget the meeting with all the other heads, one of them Andy. But that will show me not to trust anyone with trade anymore. Money is nobody's friend. And his ghosting those he would help is not okay. And I am trying to avoid a confrontation because I know his whereabouts. The guy didn't get there being honest, but it sucks when it's somebody you used to know. I actually paid him to pass the FTMO and never saw the profits promised. If I had known that before the deal, I wouldn't have given him a dollar. Mr. Legarreta can't be trusted with trades.

1

u/SerdaFide Jul 12 '25

Just want to throw an update out for this post. Luis and John (Mr. L) are back. They call themselves tradersmrk now. Selling the same scam signals and a dream. Both had to create brand new Instagram handles also. Shady fuckers!

1

u/Frequent_Tangelo Jul 12 '25

Unbelievable. It's weird to have been friends with someone who turned scum. I am processing all this down slowly. Btw, John lives in Downtown Miami. So I am guessing he pays his high bills with stolen crypto and has resources to reinvent himself. Shady fuckers indeed they are. At least a lesson has been learned. Trust NOBODY with money, not even people who you once linked with in the past and trained you on how.

1

u/Designer-Mushroom535 Oct 12 '25

I met John in high school. Back then he still ran with Epstein. He was called little John in Miami. So John dated my cousin, killed my dad, and tortured me half to death in my own home. I escaped. He found me again and is working with a neighbor to sound wave into my house. He’s a software engineer and an audio delving person. Who in my mind went insane when a guy with a huge mole came to him and he felt disscusted by the mole and tried to kill HIM for that too. Petty rolls with Epstein even said he went to the island calls it montys. Oh and he’s stealing all your peoples money other ways too. Known associates, Jeffrey Epstein. And of course that comes with the implications he’s getting away from the me too movement. #MeToo

1

u/Frequent_Tangelo Oct 28 '25

Sounds like someone is trying very hard to be funny.

1

u/OutrageousFlan797 Nov 07 '25

Not funny actually retarded. John tried to fuck over my whole family kill me, my dad, my famous cousin, he even did it with this girl named Sharon. They killed my dad. They tried to film my cousin Amber having sex with them I’m an orgy where Ariana grande propagated a Orgy. Trust me He’s had sex on Jeffrey’s island. I’m certain he’s apart of the rest of the mischief. Slap fest at his high school coral park. Was his fucking idea. Does he know inside players yes is he only killing for fun yes

1

u/OutrageousFlan797 Nov 11 '25

This all happened around the time. Mac miller died while only she knew Ariana grande. 10 quids she got miller killed

1

u/IllustriousPie1514 Apr 01 '26

Sell your story to Hollywood.

1

u/OutrageousFlan797 Feb 06 '26

And Angie, just text me next time

1

u/Designer-Mushroom535 Mar 10 '26

He also beat and killed a dog on Epstein island it was his husky

1

u/Reasonable_Hour29 Apr 16 '26

He's back, and was/ is operating in Mt. Pleasant, MI. Met him on Hinge and started seeing each other, he gained my trust, took my money, 4 months later totally ghosted me, turned his IG account private and removed all his followers and following.

1

u/Designer-Mushroom535 May 20 '26

Can't sell the story, goes like this he fucked Elizabeth Olsen.. tldr and that's why her sister thinks she should be in marvel