The fund itself isn’t necessarily a scam. It’s legit just with a shytty business model, that’s why he’s basically lost all the money. You can’t tell me what he’s doing with your money because you don’t know, and he’s not being transparent which is typical of grifters and scammers. The TREF has not benefited anyone but himself.
Sir, all reports detailing income and expenses and assets of the fund are publicly available at sec.gov
if you don't like the way they run their business that's just your opinion, it's not proof that it's a scam