The SEC shutdown of Zeek Rewards in 2012 has since spawned many Ponzi points clones.

Late 2013 saw the launch of one of those clones,
Changes Worldwide
.

Soliciting up to $25,000 investments into “revenue points” that were attached to a 90 day ROI payout, Changes Worldwide collapsed shortly after launch.

Owner Timothy Baggett, who’d joined the failed
Bids That Give
 Zeek clone earlier that year, relaunched with Changes Trading.

Whereas Changes Worldwide attached itself to an irrelevant dietary supplement, Changes Trading sought to hide behind a day-trading platform.

In marketing Changes Trading, Baggett represented Changes Trading’s “system”

never had a losing month (and) generated 300% annual returns.

These claims were purportedly backed by ‘
documented and verifiable results … showing returns of between 11% and 68% each month from January through December 2014
‘.

Despite this, it wasn’t long before Changes Trading affiliates began reporting
payout delays
.

A few weeks later Baggett sold the company to Kimball Parker and his company, Make Your Future.

This was presented as a sell off, with Baggett claiming he’d

no longer be involved in the leadership or ownership of CTS, nor have a position of leadership or ownership in Make Your Future.

Just one month earlier however it was revealed Baggett had
purchased
Make Your Future.

As of August 2016, Make Your Future was still selling access to the trading platform.

Not surprisingly, Baggett and Parker’s representations that they were “professional and profitable traders” who “make money on a consistent basis” was baloney.

Through a lawsuit filed by the US Commodities Futures Trading Commission on September 21st, we can now reveal what actually happened.

In total, Baggett and Parker convinced 289 affiliates to pay $853,294 for their bogus system.

According to the CFTC
, the results published as proof of Changes Trading’s success “were false” and “did not reflect any actual trading of real money in any futures account”.

Customers consistently lost money using the trading system, a fact that Baggett and Parker were well aware of.

One customer reported losing more than $100,000.

Baggett and Parker themselves lost tens of thousands of dollars trading futures
, a material fact that they failed to disclose to customers.

Bagget and Parker stand accused of violating the Commodity Exchange Act.

Given Baggett and Parker’s pattern of fraudulent activity, unless restrained by this Court, Baggett and Parker are likely to continue engaging in the acts and practices alleged in this Complaint, or to engage in similar acts and practices.

Despite being presented as a new sale in late 2014, Bagget and Parker actually entered into business together in January 2014.

Parker and Baggett met at an MLM conference in Las Vegas in late 2013.

They discussed the possibility of using Baggett’s affiliate network to sell the trading system, which promised Baggett a higher profit margin than vitamins or ins

🤖 Quick Answer

What was Changes Trading and who founded it?
Changes Trading was a day-trading platform launched by Timothy Baggett in late 2013 as a relaunch of the failed Changes Worldwide scheme. Baggett, who had previously been involved with Bids That Give, a Zeek Rewards clone, marketed Changes Trading as generating 300% annual returns with documented results.

Why did the CFTC file a lawsuit against Changes Trading?
The CFTC filed a lawsuit against Changes Trading, Baggett, and Parker for operating an unregistered commodity trading operation. The platform made fraudulent claims about guaranteed returns and undocumented performance results, violating commodity trading regulations and defrauding investors.

How was Changes Trading connected to the Zeek Rewards scandal?
Changes Trading emerged from the collapse of Zeek Rewards, a 2012 Ponzi

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