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URL:  http://boards.fool.com/my-financial-boat-to-freedom-sank-help-14506148.aspx

Subject:  My financial boat to freedom sank, help!! Date:  3/8/2001  6:41 PM
Author:  KMyles Number:  47975 of 121061

I foolishly (little "f") dumped a lot of money into an investment club that allowed me to purchase stocks in a company before they went public. Things looked like they were going well, but then the company went belly up. They never went public and to top it off, they claimed bankruptcy. Can I file this loss on my taxes and how much of it can I? I was unfortunately blinded by love and invested mucho dinero into this investment club (my girlfriend's father was the CEO of the club). Here is a list of what I invested:

7/98 = 3,000
8/98 = 3,000
1/99 = 3,000

What should I do? And what material do I need in order to take action? Please help.

Thank you,
Myles

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