I was following Alex on twitter right up to the time he was arrested and he pulled his account. I didn’t think his FSA issues were related to any scam, but to one of the many transgressions possible within the Financial Services framework and related more to his inadvertently falling foul of technically handling other people’s funds or providing advice as an unlicensed operator. No idea of his methods other than he trades the 15 minute chart and didn’t know he was offering training. Not interested myself but would obviously find feedback from anyone that has done so very interesting.
He does have a bit of a name as being a rather driven self-publicist which tends to annoy some people, but if you've got a skill, why not use it?