• Please try to select the correct prefix when making a new thread in this folder.

    Discuss is for general discussions of a financial company or issues related to companies.

    Info is for things like "Has anyone heard of Company X?" or "Is Company X legit or not?"

    Compare is for things like "Which of these 2 (or more) companies is best?"

    Searching is for things like "Help me pick a broker" or "What's the best VPS out there for trading?"

    Problem is for reporting an issue with a company. Please don't just scream "CompanyX is a scam!" It is much more useful to say "I can't withdraw my money from Company X" or "Company Y is not honoring their refund guarantee" in the subject line.
    Keep Problem discussions civil and lay out the facts of your case. Your goal should be to get your problem resolved or reported to the regulators, not to see how many insults you can put into the thread.

    More info coming soon.

Problem Banc De Binary is a Scam.

I am having an issue with a company
I have always had an interest in share market and forex trading so when I came across Banc de Binary decided to do a bit of homework and got excited at the thought of earning a little amount of extra income on the side it was only going to be a small investment of $250.00 which is their recommended starting investment. So I signed up online and received a call within 15mins of signing. A very confident account manager called Andy Miller talked me through the processes and the trading platform and how it all worked by this stage my confidence in Andy is right where he wants me. He then proceeds to email appropriate paperwork (to cover themselves) with a declaration for me to sign to say that I have given them authority to take money from my credit card, they also require a photocopy of my drivers license, a copy of a utility account, and a photocopy of my credit card ( with important info covered up). He quickly shows me how fast the money can be reclaimed from the platform by asking me to credit back $100.00 from the first $250, back to my credit card (this appeared back on my credit card the next day) Wow what a system. Andy then talks about their bonus system, to which BDB match what you put in, if you invest more money. Andy wants me to be be a "Premium" member minimum. ($10,000USD) investment. He convinces me that if I really want to move steady I'd need to put in $5000USD which with their bonus give me $10300.00USD to trade with. Unfortunately each investment you make needs to go through compliance so again all docs needs to be sent through again I sign a declaration and copies as per previous. Next day still no trading compliance not complete then it's Friday evening, Andy calls to tell me that we can go live and trade.

Jump online put your money on these 7 trades and I'll call you on Monday. (I

nvested $4000USD) 40 mins later (profited 2995.00USD). Winning 6 of the 7 of trades. Well at this point Andy has my attention and knows what he's doing as 6 out of 7 is pretty amazing odds and BDB's Signal system is pretty spot on. On Monday we trade some more with the same results winning 5 of 7 still great odds. He's got me reeled in now. So with my $5000USD Investment I'm sitting on $15000.00 profit. Andy has shown me what is possible now he wants more of an investment from me. Even though there's now $20k in the kitty. I can possibly scrape a little more together and tell him that it's got to come from my business the next day he's taking my CC details down whilst having a very casual conversation with me I tell him I can only do $3500USD Which he does he then proceeds to tell me he's going to try for another $1000.00 I say no but it's already underway. The transaction has been cleared.... So I have no choice. So we trade some more and make more. I then mention that I want to pull some of the profits out. As we have a nice sum of (at that point) $31000.00USD. Andy Then says no problem, but let's trade some more.... Six trades later we are down to $21000.00. He than pushes me to invest more money at which point I say No I have no more money to put in at all. Zero. Ok let's trade some more. He sets me up with 5 more trades to FAIL. BOOM, it's all gone... He's got what he wants out of me he knows he can't get anymore... He then tells me to go to my bank and get a loan... Go to my credit card and get an extension. He won't take no for an answer. He then goes away and calls me an hour later to say that his manager has got $2500.00 for me to try and recover my loss. So he sets me up with a block of trades and they all fail as well. As he is telling me to place these trades the market is moving in the opposite direction while he's telling me to place the trades. Keep going keep going he says... UNBELIEVABLE.

2 days ago a get a call from a new BDB account manager Mr Paul Harris (If thats his real name) wanting me to invest more to recover my account. I argued with him to which he absolutely denied all my accusations so I hung up on him.

I know that my loss is very small in comparison to some, but nevertheless its still money Ive worked hard for and these Leaches have no prejudice as to whom they rip off

This is how scammer works bro, First of all it will be good if you can open new thread in scam folder with the same details so you can have more suggestion to get your money back. One suggestion is Contact Rebecca here WinChargeback, she will help you to get back your money.
 
This is how scammer works bro, First of all it will be good if you can open new thread in scam folder with the same details so you can have more suggestion to get your money back. One suggestion is Contact Rebecca here WinChargeback, she will help you to get back your money.


Thanks for your advice regarding Rebecca I have now got the ball rolling with her, so heres hoping we can get something out of these guys.
 
I will be happy when I hear they raid banc de binary and put them in jail! The wheels of justice are turning, can you hear their footsteps as they come up the stairway banc de binary?

http://www.timesofisrael.com/romanian-police-reveal-israel-links-to-illegal-binary-options-firms/

The_BDB_Tower.jpg
 
Last edited:
Yes, I would agree that they behave like a scam business. I started with $250 and was then told that they would require me to upgrade to Gold statues which would protect my investment through their bonus scheme and get a personal representative to help me choose the correct investments. I had a large argument over the phone about this and told them that the maximum amount that was prepared to invest was $2500. I was told to place my investment on Amazon as the shares were on an upward movement. The next day they phoned me again stating that as Amazon was moving up fast that I should invest another $5000. I told them NO and they just did not NO as an answer. Robert Grizman robertgr@bbinary.com, was my representative and basically they use bullying tactics to try and get you to invest more money. I just stood my ground and was passed to his so called supervisor who again used bullying tactics to get me to part with another $5000. He started swearing at me and making out that I was stupid and that his cleaner could easily scrap up the extra $5000 and could not see why I could not get the extra money. This is not what you would expect from a professional company. This is my first time doing this and I was shocked at the treatment I received. In the end I just switched my phone off and refused to take anymore calls from these idiots. My suggestion is don’t deal with this company and do some research on various companies before making a choice. I don’t know if I will get my money back.
 
Here's some quick advice for your research - avoid Binary Options the same way you would avoid ebola.
 
Yep, I think the operation is run only by two people. They use a recording to make people think that trading is happening in the background as every time they phoned me it sounded the same chatter. I also believe that the charts on their website are manipulated by them so that they can manipulate the results to make you feel that you are scoring and get you to invest more money and then make you loose. Bunch of thieving bastards.
 
What these people do is in my opinion CRIMINAL.. Give them what they deserve....File a complaint with INTERPOL .
dear lost enough: In the event you really got your money back why don't you tell us how you did it through the mounted police. My mounted police has said to me, " There is no record of anybody getting their money back from any Binary Option Firm. I am told by my mounted police that statement cannot be true at all. Please prove my mounted police is wrong, or just not willing to put the effort in for me. If that is true I will find another mounted police who will put in the effort and do whatever it takes to get my 114K back for me.

Please reply.

Sincerely,
keysha@telus.net
 
I have been having problems with withdrawal from Banc De Binary. It has been 10 working days since I asked for a withdrawal and updated my account bank details. I await to see if I will get any funds or not. I have been emailing and have just had the following conversation with their live chat.

Info
at 9:33, Nov 29:
Thank you for choosing to chat with us. An agent will be with you shortly.
Info
at 9:33, Nov 29:
You are now chatting with Dmitrij.
You
at 9:33, Nov 29:
Hello. Why are you deliberately withholding my money?
Dmitrij
at 9:33, Nov 29:
Welcome to customer support live chat. How may I assist you?
You
at 9:33, Nov 29:
Hello. Why are you deliberately withholding my money?
Dmitrij
at 9:33, Nov 29:
May I please have your trading account number or the email you used to register your account?
You
at 9:34, Nov 29:
**************
You
at 9:34, Nov 29:
**************.com
Dmitrij
at 9:35, Nov 29:
I sent your details to accounting to expedite process
You
at 9:35, Nov 29:
when?
Dmitrij
at 9:36, Nov 29:
I sent it just minute ago
You
at 9:36, Nov 29:
Yeah so did the person on Friday... Still no money
You
at 9:36, Nov 29:
Money now please
Dmitrij
at 9:37, Nov 29:
what can I do, I sent request to expedite process
You
at 9:37, Nov 29:
You can get on the phone to them or see them and watch them send the money to me.
You
at 9:37, Nov 29:
I will wait
You
at 9:37, Nov 29:
I have all day
Dmitrij
at 9:38, Nov 29:
I can send them request to approve it asap
Dmitrij
at 9:38, Nov 29:
that's what I did
You
at 9:38, Nov 29:
Yeah like Friday
You
at 9:39, Nov 29:
And yesterday I was told I had to wait another 2 days just for an agent to talk to me
You
at 9:39, Nov 29:
5 days I was told. Now 10 days.
Dmitrij
at 9:40, Nov 29:
5 working days
Dmitrij
at 9:40, Nov 29:
weekends are not working days
You
at 9:41, Nov 29:
Yes my updated details were confirmed on 16th November. Now tenth working day
You
at 9:41, Nov 29:
Have they sent my money yet?
You
at 9:41, Nov 29:
Can you ask them?
Dmitrij
at 9:42, Nov 29:
Money are not sent, that's why im expediting process
You
at 9:42, Nov 29:
Yeah like someone said on Friday
You
at 9:42, Nov 29:
How long is this expediting process?
You
at 9:43, Nov 29:
Why don't they send it now?
Dmitrij
at 9:43, Nov 29:
I don't have any time frames
You
at 9:43, Nov 29:
Honesty at last.
You
at 9:44, Nov 29:
Tell me why you can't watch them as they send my money
Dmitrij
at 9:45, Nov 29:
you have irregular withdrawal, that's why it takes longer that regular
Dmitrij
at 9:45, Nov 29:
I sent your details, expedited process, now you have to wait..
You
at 9:45, Nov 29:
I could sent money over to you in a minute. Why don't you do the same?
You
at 9:46, Nov 29:
I have been waiting ten WORKING days
Dmitrij
at 9:46, Nov 29:
yes, because it's irregular withdrawal
You
at 9:47, Nov 29:
What is that supposed to mean? You know how much I am going to get. Just another excuse.
Dmitrij
at 9:47, Nov 29:
I don't need any excuses, I'm just providing you information
You
at 9:48, Nov 29:
Why cant you watch them send my money?
You
at 9:49, Nov 29:
What is irregular withdrawal?
Dmitrij
at 9:50, Nov 29:
accounting and support are in different buildings, and I do not suppose to watch them doing their job
You
at 9:50, Nov 29:
Can you get on the phone to them and ask them to do it now?
You
at 9:51, Nov 29:
How can I contact withdrawal services?
Dmitrij
at 9:53, Nov 29:
You can't contact accounting department
You
at 9:54, Nov 29:
How do you contact them?
Dmitrij
at 9:55, Nov 29:
we have message system
You
at 9:56, Nov 29:
Can you message them and ask them if they have done my withdrawal then?
Dmitrij
at 9:57, Nov 29:
once it will be approved you will be notified by email.
You
at 9:57, Nov 29:
Yeah so I have been told on numerous occasions.
You
at 9:57, Nov 29:
I ask again... Can you message them and ask them if they have done my withdrawal then?
Dmitrij
at 10:00, Nov 29:
as I told you before and will repeat again, your withdrawal request is not approved, once it will be approved you will be notified by email.
You
at 10:00, Nov 29:
I ask again... Can you message them and ask them if they have done my withdrawal then?
You
at 10:01, Nov 29:
I will wait.
Dmitrij
at 10:01, Nov 29:
You have to wait
You
at 10:01, Nov 29:
I ask again... Can you message them and ask them if they have done my withdrawal then?
You
at 10:01, Nov 29:
Ok... Why don't you ask them?
You
at 10:03, Nov 29:
Not good enough. I know that I won't get my money for days... months... if ever.... Joke
Dmitrij
at 10:07, Nov 29:
I sent them message, that's what I have to do
Dmitrij
at 10:07, Nov 29:
and I did
You
at 10:08, Nov 29:
So who is your supervisor Dmitrij? How can I contact them?
Dmitrij
at 10:08, Nov 29:
You can contact him via email
You
at 10:08, Nov 29:
I understand that I seem unreasonable to you but if you were me, what would you do to get your money back?
Dmitrij
at 10:08, Nov 29:
***.j@bbinary.eu
You
at 10:09, Nov 29:
Thank you.
Dmitrij
at 10:11, Nov 29:
If you have any additional questions, please feel free to contact us again. We're here to assist you from Monday to Friday from 6:00 GMT - 22:00 GMT.
Goodbye. Have a wonderful day.
You
at 10:12, Nov 29:
I have emailed ian.j@bbinary.eu so I expect a reply. Ha Ha not. I will be back very soon. Have a great day yourself.
Dmitrij
at 10:13, Nov 29:
Bye
You
at 10:13, Nov 29:
Bye
Info
at 10:13, Nov 29:
Thank you for chatting with us.

REMOVED
 
You are so correct.....I filed with the R.C.M.P. They advised me to INTERPOL. It took awhile but i DID get all my money back !! People need to follow to get reimbursed..!!!!
You are so correct.....I filed with the R.C.M.P. They advised me to INTERPOL. It took awhile but i DID get all my money back !! People need to follow to get reimbursed..!!!!

Hi lost enough,
I filed with RCMP but he did not advise me to INTERPOL. How did you report with INTERPOL? could you give me some detail information? thank you very much.
 
Back
Top