Original FPA Traders Court Submission:
I am submitting the case against: www.ifti-service.com/
My Case is: Dear FPA,
On 10/25/11. I opened a Fund management account with IFTI-service in Germany. As per the requirement and statement on their website http://www.ifti-service.com/index.php/service/apply-for-fund-management
I deposited AUD$10,500.00.
# No suscriptions
# No commisions
# 5-15% Monthly profits
# Secure Money Management
# Minimum investment only 10000
# Worlwide solution
# Tight risk management
# 250 pips montly guarantee
# Extra bonus from brokers
# 2.5% monthly rebates
# Single or Joint account
# Withdraw in your hands
The following are some of the statements they make on their website and the application form for fund management.
#I.F.T.I guarantees 250 Monthly pips on ever Fund Management Account. In any case of negitive closing after a month, I.F.T.I must pay the earned rebates back to Clients to cover the negitive deals
My fund application form was accepted by them on 10/25/11 please see attached confirmation e-mail. They started trading my account on 11/01/11 with account balance $ 10,500, on 11/10/11 my account balance is $1129.68. Total loss of
$ 9370.62 from my initial investment, kindly see attached trading report.
They make the following statements on the fund application form.
http://ifti-service.com/form/applyfund.pdf
It is very disappointing that they are not abiding by their own rules and statements they make on their website.
I have attached e-mails from them for your perusal. They want me to invest more money. They have eaten up all the investment I could afford.
I humbly and kindly ask FPA to look into this case and bring these cheats to justice.
Yours truly,
Agnel Caesar
New thread in the Scam Alerts Folder:
Review is submitted by afc victoria Australia on 11/14/11
The company was first contacted about the issue on 11/09/11 the last contact was on 11/16/11
Details: First reply from company
Hello
We are very sorry for the losses and the setups for last days. We are just
getting too much of issues with our server and site and are not able to
control our international clients.
We can only suggest you to withdraw your funds from thinkforex and join
our hotforex offer or add some funds to your think forex account and we
will let your account run on our fund management strategy2 to cover the
full losses.
we need atleast minimum of 2500$ for trading with our strategy2.
thank you
ifti service
Second Reply from company
Hello,
The Strategy2 is only for those Clients, who choose it from starting on.
We need atleast 2K for startegy2, it is reqired for our Money management.
We suggest you to withdraw your funds from thinkforex and join our
hotforex brokership and recieve the 50% deposit bonus, than we can start
trading it.
Thank you for your understanding.
IFTI Service
Company representatives' emails: support <support@ifti-service.com>
I am submitting the case against: www.ifti-service.com/
My Case is: Dear FPA,
On 10/25/11. I opened a Fund management account with IFTI-service in Germany. As per the requirement and statement on their website http://www.ifti-service.com/index.php/service/apply-for-fund-management
I deposited AUD$10,500.00.
# No suscriptions
# No commisions
# 5-15% Monthly profits
# Secure Money Management
# Minimum investment only 10000
# Worlwide solution
# Tight risk management
# 250 pips montly guarantee
# Extra bonus from brokers
# 2.5% monthly rebates
# Single or Joint account
# Withdraw in your hands
The following are some of the statements they make on their website and the application form for fund management.
#I.F.T.I guarantees 250 Monthly pips on ever Fund Management Account. In any case of negitive closing after a month, I.F.T.I must pay the earned rebates back to Clients to cover the negitive deals
My fund application form was accepted by them on 10/25/11 please see attached confirmation e-mail. They started trading my account on 11/01/11 with account balance $ 10,500, on 11/10/11 my account balance is $1129.68. Total loss of
$ 9370.62 from my initial investment, kindly see attached trading report.
They make the following statements on the fund application form.
http://ifti-service.com/form/applyfund.pdf
It is very disappointing that they are not abiding by their own rules and statements they make on their website.
I have attached e-mails from them for your perusal. They want me to invest more money. They have eaten up all the investment I could afford.
I humbly and kindly ask FPA to look into this case and bring these cheats to justice.
Yours truly,
Agnel Caesar
New thread in the Scam Alerts Folder:
Review is submitted by afc victoria Australia on 11/14/11
The company was first contacted about the issue on 11/09/11 the last contact was on 11/16/11
Details: First reply from company
Hello
We are very sorry for the losses and the setups for last days. We are just
getting too much of issues with our server and site and are not able to
control our international clients.
We can only suggest you to withdraw your funds from thinkforex and join
our hotforex offer or add some funds to your think forex account and we
will let your account run on our fund management strategy2 to cover the
full losses.
we need atleast minimum of 2500$ for trading with our strategy2.
thank you
ifti service
Second Reply from company
Hello,
The Strategy2 is only for those Clients, who choose it from starting on.
We need atleast 2K for startegy2, it is reqired for our Money management.
We suggest you to withdraw your funds from thinkforex and join our
hotforex brokership and recieve the 50% deposit bonus, than we can start
trading it.
Thank you for your understanding.
IFTI Service
Company representatives' emails: support <support@ifti-service.com>