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Banc De Binary is a Scam.

Discussion in 'Scam Alerts' started by R Sethi, Jul 6, 2013.

  1. R Sethi

    R Sethi Recruit

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    Banc De Binary is a total Scam. They lure people in with false fact and make false promises. I have been a victim of this scam. I am a 22 year student trying to get into investing. I showed some interest in Banc de Binary and then Ross Collins got in touch with me. He explained how their site works and all the information I needed to invest. He then told me that he only deals with Clients with a balance of $10k or up. I told him that as I am a student, I can not put more than $2500 (that is stretching my pocket too). He told me they can double this by providing me with a bonus of an additional $2500. After I read the instructions I asked Ross about the trading limit (as i would have to trade equivalent to 100k to withdraw my funds). He said that it was easy to trade that much and that I am on a trial and can withdraw my money out anytime as long as I do not make trades on my live account, which I didn't.

    After a couple of days, Robert Zargos (senior of Ross) called me as refused my request of withdrawing my funds. I explained to him that I am a student, and need my funds back. Also told him that Ross told me that I could take my funds any time as long as I don't make trade on my live accounts (I made trades on my Demo-account). I told him that I am not available when Ross is giving signals and it is just not working for me. He said that whatever Ross said earlier does not apply anymore because I was talking to him now. That was a surprise to me as they can't tell me one thing and then say something else. I have an email from Ross saying that I am on a trial and that can take my funds anytime. How can they disregard that?

    I emailed Jack Caine (VP Relations) as he commented on FPA a couple times prior. I emailed him 3 times but no reply thus far. I would like to warn you guys to stay away from this site as they will take your money and try to trap it with their bonus Fraud. I have proof against them but still am unable to get my money back. If anyone can help me get my money I would be greatly appreciate that!!

    Keep your money safe and do not invest on this platform.
     
  2. Pharaoh

    Pharaoh Colonel

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    How did you deposit your funds?
     
  3. ali marub

    ali marub Corporal

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    Can you share with us some proves like copies of your email and there answers.
    Give me that and lets see what digging on the will be found.
    In that case it will be a good idea to invite there representive to this thread.
    But first share with us some evedince in order to get our support
     
  4. Jarryd-Leigh

    Jarryd-Leigh Recruit

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    The same happend to me, my broker was Adam Price. And I would also like to know how I can get the my money back, please.
     
  5. Pharaoh

    Pharaoh Colonel

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    Start your own thread here in scam alerts. Give a full description of what happened and provide the information as requested in posts 2 and 3 of this thread.
     
  6. nena8172

    nena8172 Recruit

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    I deposited €250 via Skrill to access their demo account (there is no other way). I did not made any live trades, I didn't accept a bonus, and I didn't accept phone calls from pushy representatives who are almost forcing you to put down more money. I just wanted to find out what the fuzz is about binary trading.
    Beginning June I asked for the withdrawal of the €250, two weeks, 3 calls from them, 5 live chats and one call the the UK from me the finally approved the withdrawal only to see that the amount was only 186.21€. I read their Terms and Conditions and I knew that they would hold 7% but not almost 70€. I wrote them a email after a furious live chat and I gave them five days to pay me the difference about 49€. Otherwise I will take this further.
    Bandits and company, that's what they are. To be sure I downloader their Terms and Conditions yesterday, I have a copy of the live chat and copy of the email I've send them. Now I will wait 5 days.
     
    Emily simmons likes this.
  7. Pharaoh

    Pharaoh Colonel

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    I'm sure they'll claim it's wire transfer fees that were deducted in transit or some other lame excuse. While waiting for that excuse, ask your bank to contact the originating bank to verify how much the original transfer was for.
     
    Emily simmons likes this.
  8. nena8172

    nena8172 Recruit

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    The transfer was done by Skrill (Moneybrokers)( deposit and withdrawal) and they confirmed that Banc de Binary made a transfer of only 186.21€ instead of 233€ of the original 250€. My fault, I've read the Terms and Conditions but it's difficult to find when you don't know the clause is in there. They have put it with the bonus regulations.
    It's been 4 days since I wrote an email to complaints departement for a recalculation. No answer yet. Doesn't surprise me though.
    Tomorrow I will contact them again sending an email to all the departements (client service, accounting, complaints). I know it's not a big amount but when they do it several times a dayto several persons, it's becoming a large amount..
    Should I tell them that I want to make a complaint at Department of Market Surveillance and Investigations of Cyprus where they are a member?
    Thanks
     
  9. Pharaoh

    Pharaoh Colonel

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    Keep emailing BDB asking for an explanation. Also, get screenshots of everything so they can't do any editing later. Don't tell them you will complain to the Cyprus authorities. Just do it. Include Cysec. Also, let the CFTC know. They've already slapped BankdeBinary with a fine and every little scrap of information could help.

    Also, file a complaint with econsumer.gov - Your site for cross-border complaints.

    The information you share there is available to regulators and police agencies around the world.

    Don't forget to send all the info to MoneyBookers. They won't force a refund, but if they get enough complaints about BBinary misusing Skrill services, they may decide to lock them out.
     
  10. som777

    som777 Recruit

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    "Banc De Binary - SCAM" Подал первую заявку на вывод денежных средств на сумму 250$, через пару дней подал вторую заявку на 170$, почти целый месяц вёл с ними переписку в чате (копия чата имеется), писал в скайп. Деньги пока не вернули! Доказательство можно посмотреть здесь: 41a48014b108e2a8b74bf6fd775c1c97.png

    ScreenShot 38.
     

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