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Problem Banc de Binary scammed me out of my life savings

I am having an issue with a company

To Master Yoda: I was directed by CYPRUS SECURITIES AND EXCHANGE COMMISSION to submit my complaint to fin.ombudsman@financialombudsman.gov.cy. After I have continually been in touch with them for 1 and 1/2 years while they are investigating my claim they have now told me my account is not in Cyprus, my account is in Belize. To date all my emails back and forth are from Cyprus. To date I have never ever received any emails from Belize. Why would the Cyprus Government waste 18 months of their time, and my time, before starting the investigation by checking if my account is indeed in Cyprus?

I asked them to send their result of my investigation that they just completed for the last 18 months to Belize so that I do not have to wait another 18 months for a refund. Anthousa Papacharalambous of fin. ombudsman @ financialombudsman.gov.cy. has now sent me an email they are not allowed to transfer any of my files to Belize. Belize would have to start my investigation from scratch.

Master Yoda, personally I think Banc de Binary found out the Cyprus Gov. were doing an investigation on my account in Cyprus and, therefore, moved my account to Belize.

Please suggest to me what my next step should be?
many thanks,
keysha
 
I was a paying client and Banc de Binary cheated me heinously. In the end I had 219K in my account which was $106,500 for Banc de Binary and $106,500 for me. Banc de Binary stole it all and then locked me out from ever having access to my account again!
keysha
 
keysha said:
I was a paying client and Banc de Binary cheated me heinously. In the end I had 219K in my account which was $106,500 for Banc de Binary and $106,500 for me. Banc de Binary stole it all and then locked me out from ever having access to my account again!
keysha
Click to expand...

You got any response from regulation company or Rebecca?
 
Hey guys,

I'm afraid I too was scammed by BDB via the same old story they will hold my hand and help me trade successfully ... bla bla bla ..

Now, they have shut down due to what I believe is the removal of protection by the Isreali government. It is now down to CySEC to sort out refunds to victims of BDB scams.

Folks - The biggest ENEMY here is CySEC and the Cyprus financial ombudsman

Both are complicit in empowering dubious brokers to scam individuals. Also in providing the framework for these riffraffs to passport their services into Europe rendering local ombudsman useless.

These two institutions should be shamed and dealt with. I am so pissed off when i hear another statement made of how powerless they are to ACT as an ombudsman.
 
I am of the same opinion. The Cyprus Government and CySEC are part and parcel of the whole scam.
 
keysha said:
I was a paying client and Banc de Binary cheated me heinously. In the end I had 219K in my account which was $106,500 for Banc de Binary and $106,500 for me. Banc de Binary stole it all and then locked me out from ever having access to my account again!
keysha
Click to expand...

Correction: In the end I had 219K in my account which was $109,500 for Banc de Binary and $109,500 for me. Banc de Binary stole it all and then locked me out from ever having access to my account again!
 
kenneyykenn said:
Hey guys,

I'm afraid I too was scammed by BDB via the same old story they will hold my hand and help me trade successfully ... bla bla bla ..

Now, they have shut down due to what I believe is the removal of protection by the Isreali government. It is now down to CySEC to sort out refunds to victims of BDB scams.

Folks - The biggest ENEMY here is CySEC and the Cyprus financial ombudsman

Both are complicit in empowering dubious brokers to scam individuals. Also in providing the framework for these riffraffs to passport their services into Europe rendering local ombudsman useless.

These two institutions should be shamed and dealt with. I am so pissed off when i hear another statement made of how powerless they are to ACT as an ombudsman.
Click to expand...

Hi Kenneyykenn,

Skiddaw here. You may be right... CySec certainly is incompetent; it is likely also to be negligent. We are plopping a very large set of claims in its lap proving that BDB has lied to them forever - whilst individuals can be brushed under the carpet with all that BS about not looking at individual cases, we are too big to be ignored. What are they going to do? Stay tuned and we'll report in due time, or, give me your email and/or a Skype ID and we'll talk about you coming to join in the claims we're managing, and you'll learn first-hand how they respond.
 
keysha said:
Correction: In the end I had 219K in my account which was $109,500 for Banc de Binary and $109,500 for me. Banc de Binary stole it all and then locked me out from ever having access to my account again!
Click to expand...

Keysha,

I am terribly sorry to hear of your story, but it is typical of the way BDB has treated a lot of the people in our group claim action. You are not alone! We have now nailed BDB's feet to the floor and stopped them from self-liquidating. They have nowhere to go now except through us.

Would you like to join an extremely active group closing in on BDB (and OFM)? Send me an email or Skype ID and we can discuss your coming on board.

Skiddaw
 
Skiddaw said:
Hi Kenneyykenn,

Skiddaw here. You may be right... CySec certainly is incompetent; it is likely also to be negligent. We are plopping a very large set of claims in its lap proving that BDB has lied to them forever - whilst individuals can be brushed under the carpet with all that BS about not looking at individual cases, we are too big to be ignored. What are they going to do? Stay tuned and we'll report in due time, or, give me your email and/or a Skype ID and we'll talk about you coming to join in the claims we're managing, and you'll learn first-hand how they respond.
Click to expand...

Hi: I would like to join your group: keysha@telus.net
 
Cysec/ ombudsman do not have any "restitutionary power", they never claimed they had. Cysec can impose fines what they did here. An ombudsman can issue his opinion and make recommendations but it is not a judgment and can not be enforced. And all of this is correct for any similar institution in any other EU country.
 
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