they lived in a beautiful house in the Hollywood Hills area two houses down from Paris Hilton's house they are Alphonse Luis and Carlo Winston economy who lived a lavish lifestyle with other people's money the duo pretended to run foreign currency trading firms named reliant global markets and euro bank clients said the duo appeared to be knowledgeable and promised minimal risk to investors guaranteed returns great returns minimal risks experienced traders and these were just telemarketers not really traders once they got clients to invest they would send these investors statements false statements it turned out with fraudulent returns greatly exaggerated amounts of money that the investor thought they were making more than 50 victims lost 1 million dollars postal inspectors say due diligence is key a simple search of the names of the firm would have exposed the businesses were not registered if somebody gives you a sheet of paper saying how much you made it's a sheet of paper I could type that up you could type that up that doesn't mean anything you need to take it and look at it and compare it to the market compare it to the newspaper