Honeybee1 - this is not the time or place to say rubbish
You seem to sound like them, do you work for CySEC or the Cyprus financial ombudsman?
Here in England we have the Trading Standards amongst the many other ombudsmen. THEY DO INSTRUCT the offending party to refund the victims money.
I have used them loads of times with success.
Even in Africa I know of ombudsmen who have put the hammer down and DEMANDED a refund to the victim and the offending party complies.
What these Cyprian authorities did
1. They provided an infrastructure for these rogue brokers to come to Cyprus and fill their boots. They call binary options an "investment" rather than what it is i.e. GAMBLING against the house.
2. They relaxed their laws DELIBERATELY to lure these Israelis to setup a scamming system just so Cyprus could make money slapping them with fines
3. If all Cyprus laws are so relaxed, people will be raping women right and center, paedophiles will have a field day & get off free, people will be shooting each other for fun. But this is not happening on a high scale as compared to Cyprus based binary option scams.
4. They seem to have only licenced Israelis, if not ISIS would have used the platform Cyprus provided in raising cash
5. Cyprus being part of the EU automatically provided a doorway for these rogue brokers to scam a wider audience
6. You don't open up your home to drug dealers, fraudsters, rapist etc if you have no way of policing them.
7. How many times have we seen on the news the police cancelling an event / parade / protest due to lack of security or police staff
8. CySEC and the Cyprus government knew what they were doing from the outset. PLEASE ... open your eyes folks!! Honeybee1 are you reading this?
9. If the Israeli government could make a staggering $1.5 billion a year as fees from these rogue brokers hiding in Israel but raking in their money from Cyprus, imagine what the Cyprus government is set to gain.
10. Folks follow these links (cut and past into your bowser)
http://www.timesofisrael.com/a-knesset-panel-finally-tackles-binary-options-fraud/
http://www.timesofisrael.com/facing...i-activists-take-aim-at-binary-options-fraud/
http://www.forexnewsnow.com/top-sto...ing-fingers-fighting-binary-options-industry/
11. You will now realise due to the Israeli government's removal of protection Banc de binary decided to close down
12. It was NOT CySec who closed Banc de binary down. Bdb handed back their licence due to lack of protection and thousands of impending lawsuits in the pipeline. They stand to lose millions of dollars in the same courts they were previously tried in. SHAME ON YOU CySec for not having the bottle to do what's right.
13. Honeybee1 - wait till you get scammed by rogues like Banc de binary and your whole world would turn upside down. I almost had a heart attack. I was on the floor. For almost 2years now, I have had high blood pressure, sleepless nights, i'm withdrawn not the happy go lucky guy I use to be. The money Bdb scammed me out of was a loan tied to my home. I had to sell the home to give the bank back their money. They came to me in the first place promising heaven and earth.
14. Here in the UK people jump to their deaths by leaping in front of moving trains. It is not pleasant to see. This is what CySec are doing to people.
15. Last December (2016) I suddenly got an email from Banc de binary offering to refund 10% of what they took from me. When I refused and asked for EVERYTHING back they said - and I quote "I should be
REALISTIC" in my demands. I have suffered enough and they were using words like that to shake my core even further.
16. There are people on here e.g. Keyshia from Canada who have lost 6times the amount I lost and were locked out of transferring whatever is left back to their bank accounts. That is so cruel. How could CySEC and the ombudsman live with themselves and not act when the fraud is so blatant. It a whole load of BS.
17. When I got scammed, my local MP got in contact with the Cyprus trade and finance minister. This guy refused to help; can you believe that!!! - Who does that?? My local MP gave me the full details. Nobody seems to care back there in Cyprus.
18. I saw with my own eyes on CySec's website Cypriots who had filed lawsuits against CySec - (their own people) CySec has no soul.
19. To all those Israelis who lobbied, protested, harassed their government to stop protecting rogue brokers like Banc de binary. I THANK YOU SO MUCH!!! - You have my deep respect.
