Press Release Shows Power of the Web for Refco FX Retail Clients



With 17,000 clients of Refco FX, the foreign exchange trading subsidiary of bankrupt futures broker Refco, waiting the wings for some news of their accounts that have been frozen since October 17th of last year, some have banded together via the web and the number is growing daily. Giving credit to the press release they distributed through dated March 29, 2006, http://www.prweb.com/releases/2006/3/prweb364334.htm, these smaller retail clients made up of average people finally got an answer from Refco after many phone calls and emails went unanswered when Refco FX issued press releases through some of the major new wires.

Though no definitive statements have been made, Refco is now at least acknowledging publicly that they have intentions to at the very least sell these accounts to some interested party. Refco FX Account holders can contribute to and stay up to date with their situation by visiting http://finance.groups.yahoo.com/group/refcofxaccountholders.

The group is made up of people from all walks of life who just want the funds being held returned to them as many have bills to pay and mouths to feed. Thankful that has distributed their story they are grateful now that the little people have a voice on the web and in the news.

With 17,000 accounts there could be well over $100 million dollars at stake. The group has organized and funds are being set aside so proper legal representation can be obtained. The group encourages any attorneys in the group or ones interested in helping to contact them via yahoo group referenced above. .





Press Release Shows Power of the Web for Refco FX Retail Clients