Original FPA Traders Court Submission:
I am submitting the case against: www.investtechfx.com
My Case is: I´m Investtechfx customer since March 2009. With the following deposits:
2009.03.01 15:22 balance Deposit by PayPal 150.00
2009.03.03 01:19 balance Deposit by PayPal 1 000.00
2009.08.11 22:33 balance Deposit by Credit Card MB 500.00
2009.10.28 05:59 balance Deposit by PayPal 1 000.00
2009.12.10 22:52 balance Deposit by PayPal 5 000.00
2009.12.15 04:35 balance Deposit by PayPal 5 000.00
2010.01.14 01:09 balance Deposit by PayPal 5 000.00
TOTAL in Deposits: $17,650.00
They gave me some bonus for my deposits:
2009.12.15 04:35 balance Credit Bonus 1 000.00
2010.01.14 01:09 balance Credit Bonus 500.00
TOTAL bonus: $1,500.00
They allowed me to withdrawal some money as follow:
2009.04.06 20:13 balance Withdrawal by PayPal -645.96
2010.01.05 03:42 balance Withdrawal by PayPal -500.00
2010.02.16 01:06 balance Withdrawal by PayPal -2 000.00
2010.04.05 22:24 balance Withdrawal by PayPal -200.00
TOTAL Withdrawals: $3,345.96
I´ve done some profit in that account in the total amount of
$11,635.80
I´ve paid $4,921.10 in comission to them (quite money)
My actual balance is $27,439.84 (deposits+bonus+profits)-(withdrawals)
In May 2010 I tried to do another withdrawal whem they told me my money was fully commited until December 2010 according with the VIP account disclaimer. I was very frustaded but, I decided to wait ultil the commitment end.
In January 10th 2011, I asked for $25,000.00 withdrawal and them my problems started, after a week they asked me to call their manager Mr. Alan and after going back and forward he told me my withdrawal was not possible becouse I did not ask for the end of the commitment before December 2010. I told him that is not fair you statment say 12months of commitment, after one day or two I called him again and he gave me an option to receive my money in five payments, meaning five months. He asked me to send an e-mail saying I was ok with that, but I sent an email saying I did not agree with that, please see a copy of the e-mail bellow:
-------------------------------------------------------------------------
From: Fernando Fabiano <fabianof.oliveira@gmail.com>
Date: Wed, Jan 19, 2011 at 12:34 AM
Subject: Re: Account verification - To Mr. Alan
To: Investtechfx Technologies <info@investtechfx.com>
Dear Mr. Alan, I do NOT agree with the management proposal of execute my withdrawal spliced in five months.
I will talk with my lawyer to find out my options.
I got really frustaded with Investtechfx treatment for "VIP" accounts and that situation is no longer acceptable.
Regards,
Fernando.
---------------------------------------------------------------------
Since that day I´m changing e-mails with them without any result. I asked for my money more than one month ago and they still send me e-mails and telling:
We´re sorry..., I will try to solve this problem..., You will receive an update shortly...
They have a statement in their web site telling all withdrawal will be processed in 48hours but, that never happened to me.
I´m really frustaded with them and no longer want to maintain an account open. I would like my money with profits, back and end of talk.
Thank you for you help FPA.
New thread in the Scam Alerts Folder:
Review is submitted by Fernando, Canada on 01/24/11
The company was first contacted about the issue on 01/10/11 the last contact was on 02/10/11
Details: From: Investtechfx Technologies <info@investtechfx.com>
Date: Fri, Feb 11, 2011 at 10:53 AM
Subject: Contact Number
To: fabianofoliveira@gmail.com
Dear Mr Fernando F. Oliveira,
Regarding this situation, one of the top managers would like to get in touch with you in order to find the best solution to this matter. Please provide us with a number that we can reach you on, at a time that is suitable for you. Thank you and have a good day.
Yours sincerely,
InvestTechFx
Company representatives' emails: Alan<info@investtechfx.com>
I am submitting the case against: www.investtechfx.com
My Case is: I´m Investtechfx customer since March 2009. With the following deposits:
2009.03.01 15:22 balance Deposit by PayPal 150.00
2009.03.03 01:19 balance Deposit by PayPal 1 000.00
2009.08.11 22:33 balance Deposit by Credit Card MB 500.00
2009.10.28 05:59 balance Deposit by PayPal 1 000.00
2009.12.10 22:52 balance Deposit by PayPal 5 000.00
2009.12.15 04:35 balance Deposit by PayPal 5 000.00
2010.01.14 01:09 balance Deposit by PayPal 5 000.00
TOTAL in Deposits: $17,650.00
They gave me some bonus for my deposits:
2009.12.15 04:35 balance Credit Bonus 1 000.00
2010.01.14 01:09 balance Credit Bonus 500.00
TOTAL bonus: $1,500.00
They allowed me to withdrawal some money as follow:
2009.04.06 20:13 balance Withdrawal by PayPal -645.96
2010.01.05 03:42 balance Withdrawal by PayPal -500.00
2010.02.16 01:06 balance Withdrawal by PayPal -2 000.00
2010.04.05 22:24 balance Withdrawal by PayPal -200.00
TOTAL Withdrawals: $3,345.96
I´ve done some profit in that account in the total amount of
$11,635.80
I´ve paid $4,921.10 in comission to them (quite money)
My actual balance is $27,439.84 (deposits+bonus+profits)-(withdrawals)
In May 2010 I tried to do another withdrawal whem they told me my money was fully commited until December 2010 according with the VIP account disclaimer. I was very frustaded but, I decided to wait ultil the commitment end.
In January 10th 2011, I asked for $25,000.00 withdrawal and them my problems started, after a week they asked me to call their manager Mr. Alan and after going back and forward he told me my withdrawal was not possible becouse I did not ask for the end of the commitment before December 2010. I told him that is not fair you statment say 12months of commitment, after one day or two I called him again and he gave me an option to receive my money in five payments, meaning five months. He asked me to send an e-mail saying I was ok with that, but I sent an email saying I did not agree with that, please see a copy of the e-mail bellow:
-------------------------------------------------------------------------
From: Fernando Fabiano <fabianof.oliveira@gmail.com>
Date: Wed, Jan 19, 2011 at 12:34 AM
Subject: Re: Account verification - To Mr. Alan
To: Investtechfx Technologies <info@investtechfx.com>
Dear Mr. Alan, I do NOT agree with the management proposal of execute my withdrawal spliced in five months.
I will talk with my lawyer to find out my options.
I got really frustaded with Investtechfx treatment for "VIP" accounts and that situation is no longer acceptable.
Regards,
Fernando.
---------------------------------------------------------------------
Since that day I´m changing e-mails with them without any result. I asked for my money more than one month ago and they still send me e-mails and telling:
We´re sorry..., I will try to solve this problem..., You will receive an update shortly...
They have a statement in their web site telling all withdrawal will be processed in 48hours but, that never happened to me.
I´m really frustaded with them and no longer want to maintain an account open. I would like my money with profits, back and end of talk.
Thank you for you help FPA.
New thread in the Scam Alerts Folder:
Review is submitted by Fernando, Canada on 01/24/11
The company was first contacted about the issue on 01/10/11 the last contact was on 02/10/11
Details: From: Investtechfx Technologies <info@investtechfx.com>
Date: Fri, Feb 11, 2011 at 10:53 AM
Subject: Contact Number
To: fabianofoliveira@gmail.com
Dear Mr Fernando F. Oliveira,
Regarding this situation, one of the top managers would like to get in touch with you in order to find the best solution to this matter. Please provide us with a number that we can reach you on, at a time that is suitable for you. Thank you and have a good day.
Yours sincerely,
InvestTechFx
Company representatives' emails: Alan<info@investtechfx.com>