I can confirm that there were many complaints from customers with regards to software, mentoring, desks and the general state of the office.
All these complaints were handed to MB and we regularly asked for feedback from new grads. Not being a trader myself, I can not comment on whether or not his system works but there was only one person I know that made money from trading, and he was a grad that decided not to use MBs method.
I personally signed up one turtle to the tune of £50k and was aware of another 2 that had paid to be there. It was very hush hush as it went against the spirit of the turtle program. Mikes plan was to use their money to fund the other 15.
Again not being a trader, everything I knew about TT and MB had come direct from him. I had done my due diligence and before taking the position I questioned MB on the bankruptcy and the negative press I had uncovered.
I was told a long story about it was all a misunderstanding, a chapter 11 in the US that came about because some famous trader was not allowed to enter so he entered via his daughter, some US actress. By then end I was convinced that all was well and anyway saying anything to the contrary was a competitor that wanted to ruin TT.
9 months past and I watched as traders left the floor, directors left the company, creditors visited regularly, accountants changed every few months, court cases with former employees that were never paid and then I became one of the statistics. Having never received payslips, a contract or a p45 when I left, an employment tribunal awarded me monies owed.
Mike obviously did not honour this and I am now listed as a creditor with the liquidators.
MB replaced me with his American "friend". An extremely talented salesperson with years of experience. Unfortunately even he was unable to "polish a turd" and also left TT after having been assaulted by MB.
I am more than happy to answer any questions anyone has with regards to MB or the TT set up as I knew it. However I can only comment on his trading style as hearsay.
My advice is to not put yourself at risk. Very few financial controls were in place and customers card details and personal info were not held securely. Although this was regularly questioned, MB was not interested. He had their money already.
His trading may or may not work but unfortunately it is impossible to believe anything that comes out of his mouth. Only trust people that are willing to show you their actual trading results, not theoretical results.
Some people on here have defended MB and have a decent amount of knowledge about the goings on in the TT offices so if they wish to test me then feel free. Only MB or people on his payroll defend his actions. If his trading method works for you then great. But I guarantee for every happy customer that feels they have invested in their education, there are another dozen that feel robbed.