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James Clement
November 3, 2009
FRAUD - FOREXCT.COM did not give me my profits back and has done a runner.
This company is a complete Scam. They are based out of Australia. The company invited me to start trading wtih them and gave me a deposit bonus for depositing funds with them. They kept sending me emails to trade during their Happy Hour period. I traded with them for 3 months and when I went to withdraw my profits, they cancelled all my profitable trades and returned back just the sums I had deposited using my credit card.
The company has committed a fraud and invites you to trade with them, and then if you loose money they will not cancel any of the trades. But if you make money then will cancel all the trades restrospectively.
I have got all the evidences to prove the scam business they are in. They have frozen my account and have refused to answer any of my calls or reply appropriately to my email replies. I have taken the Legal route against them, but would really appreciate if you stay away from this company and put your claims against this company on this board.
The companys Complaince Officer Daniel Avrahami will try to mislead you and claim that their holding company is based in Vanatanu and hence the investors cannot claim any money from them, though the whole operation is being conducted from Melbourne and Sydney.
This company is a complete scam, and ForexPeace Army moderators have put the strong wording against them on their website as well. They are almost going to recommend a scam finding against this company soon.
Please do contact me if you need any further evidence against them and please help me and the wider community take stringent civil and criminal action against the directors of this company who have actually ran away with my money.
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