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GUILTY Case# 2016-169 | Elaine007 vs prutoncapital.com

Discussion in 'Guilty Verdicts' started by Elaine007, Oct 6, 2016.

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Based on the available evidence, do you believe that PrutonCapital.com is Guilty?

Poll closed Nov 27, 2016.
  1. Guilty

    78 vote(s)
    100.0%
  2. Not Guilty

    0 vote(s)
    0.0%
  1. Elaine007

    Elaine007 Private, 1st Class

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    Original FPA Traders Court Submission by Elaine007:

    I am submitting the case against: prutoncapital.com

    My Case is: We are investors from Malaysia. We have been approached by Erick Li Chong Yaw (IC Number: 751127-10-5971) to invest in PT Pruton Mega Berjangka (broker in Indonesia) under a scheme calls HYBRID SECURED FUND. It is a managed account by the professional traders only in CFDs. It was clearly mentioned:

    1. Based on previous average results, a monthly return of 3-15% will be given
    2. The duration of contract is 9 months, which is renewable upon expiry
    3. During the contract, customer is not allow to withdraw all initial deposit and profits
    4. Monthly pay-out will base on initial deposit amount
    5. All accumulated profits can be withdrawn upon contract expires
    6. Although past performance shows encouraging results, this contract does not serve as a “GUARANTEE PROFIT CONTRACT”
    7. Minimum account opening is USD10K and no limit on maximum amount

    Based on the MT4 showed from his mobile, the results are very convincing for his customers. I never know that, people can manipulate the trades in MT4. So we joined in 1/10/2015. Due to strict rules from Bank Negara, we were given an invoice stated to purchase SOFTWARE for easy deposit. We deposited through BANK TT.

    Company Name: Pruton Mega Holding Limited
    Bank Name: Standard Charted Bank
    Bank Address: 6 Battery Road, Singapore 049909, Singapore
    Account No: 1379010028
    Swift Code: SCBLSGSGXXX

    Total fund in for me is USD50K, whereby my friends were USD10K, USD30K and USD15K separately at their own name. At the beginning the trades still running smooth with profit for 5 months. On 2 Mar16, lost trades happened with hedging position. He called to ask for funding at USD5K to USD10K, whereby company will support by deposit the same amount in our accounts to safe the lost. Something fishy, so we decided not to fund in again, just let everything on traders hand.

    The hedging trades dragged for another 3 months (till Jun16), in between there were winning traders too. So the balance equity looked healthy for us, but traders still yet to cut the hedging traders. He gave so many excuses to delay on the cut lose trades. I chased him for the 9 months contract maturity. Answer, waiting for boss. Ridiculous!

    Early Jul16, he called to inform that the boss already decided middle Jul16 to cut lost trades and take profit, all members will proceed for withdrawal, this apply for all accounts including accounts that yet to reach the maturity. Reason been HQ would like to change rules, in order to keep the loyalty customers, they will pay up to 20% monthly rebate for renewal customers. New customers will enjoy less monthly rebate. But we need to deposit at least USD5K for new account renewal. This is unreasonable, why not just pull the fund from the old account instead top up again. After negotiating, some of us deposited USD3K to continue another new account. Others just want to get off this contract!!

    After middle Jul16, nothing happened. I sent many emails to HQ customer support, no reply from them. On 9Aug16, they put in 3 lots SELL to BRK.A.pro. Then STOPOUT at another 3 lots BUY BRK.A.pro. All our accounts including the renewal accounts, all equity drained out with negative balance now. I sent mail to ask HQ for explanation and informed that we will not responsible to all the negative charges. Again no reply from HQ. I did send to all email address in both websites:

    http://prutoncapital.com
    http://www.pruton-futures.com/id/

    We are desperately need help from Forex Peace Army Team. I saw you guys helping a lot people solving the SCAM issues. We are very depressed here with the lost. Erick text me on 10 Aug16, that he is at Changmai now. Seem he don’t know that all our accounts get busted. I asked for explanation but he never reply and not pick up my call after that.

    i did call to the Indonesia HQ, the receptionist told me that they have account at Singapore for customers to deposit. So its obvious that the company is working together to steal people money. Besides that, the girl did say that Erick Li will be in later. Again its confirmed, the idiot Erick Li is working there at the company.

    We already lodged report police on our cases. In additional to this, i did go to Bank Negara Malaysia to check on this company. The staff confirmed that this company is making fake MT4 to lure more victims. Besides i complained on this company, there were few people came for the same purpose.

    We are very down and upset with our hard earned money. i am even felt more guilty because i introduced this scheme to my friends, now we lost everything. So stupid to realize it now. I am too late to find this website, otherwise should check with professional people on this company and the stupid scheme. Now all my friends blamed me. We hope to get our money back with all your kindness help.

    New thread in the Scam Alerts Folder:
    PT Pruton Mega Berjangka is a SCAM

    Review is submitted by Elaine007 on 08/10/16

    The company was first contacted about the issue on 07/26/16, the last contact was on 08/31/16

    Details: I sent so many emails,but none of the members from the company reply to my emails. Even i message to the PIC, Mr Erick Li, he current number at +66 62931 5077 (at Changmai now), no reply too. He was reading my messages but dont reply to our cases.

    Company representatives' emails:
    Erick Li <erick@pruton-futures.com>
    General <account@prutoncapital.com>
    General <support@prutoncapital.com>
    General <info@prutoncapital.com>
    General <info@pruton-futures.com>
    General <support@pruton-futures.com>

    Attached Files:

    1. WCP & Erick.htm
    2. Suresh.htm
    3. Taacko.htm
    4. WCP Police Report_All.pdf

     
  2. Elaine007

    Elaine007 Private, 1st Class

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    Sorry the previous police report is not in full content. Hope to change the previous attachment but cant edit it.

    Attached below is the full report police & i tried to attach the investment but the file too big. We supposed to get the sign contract but until now they still yet to give us the signed copy. But i did get a photocopy for myself.

    There is also another group of victims trapped by them. But its my mistake not search on this before invested in this company.
    http://www.fx110.com/Rights/exposuredetail-1498.html

    We never know that they can really manipulated the MT4. Based on the MT4 life result showed, we got in this scheme. Now the PIC even the company just ignored us. The same problem goes to others
     
  3. AsstModerator

    AsstModerator FPA Forums and Reviews Admin

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    You reported that some personal data is displayed. If it's in the attachments, please reply an upload new news. If it's in the text above, let me know what you want removed.
     
  4. Elaine007

    Elaine007 Private, 1st Class

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    Appreciated if you could replace the attachment of Wong Chai Ping_Police Report.pdf with the following new file. Others contents remain. Thank you.
     

    Attached Files:

  5. Pharaoh

    Pharaoh Colonel

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    Hello AsstModerator. WAKE UP! It's time to move some files around.

    (Hopefully that will get him going :D)
     
    snapped2002 likes this.
  6. AsstModerator

    AsstModerator FPA Forums and Reviews Admin

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    Done.

    I see Pruton's rep showed up once in your Traders Court thread. I'm sending a formal FPA invitation for a return visit now.
     
  7. Elaine007

    Elaine007 Private, 1st Class

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    Please anything that i need to put in? i have the contract, but its the file too huge to put in.
     
  8. Elaine007

    Elaine007 Private, 1st Class

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    Sir, thanks for helping around. Its mean alot to us.
    We are really exhausted to deal with the company due to their ignorance, however more and more people around asking about the Broker, especially at East Malaysia.
     
  9. Pharaoh

    Pharaoh Colonel

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    Can you upload it to a free file sharing site (like DropBox) and post a link?
     
  10. Pharaoh

    Pharaoh Colonel

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    Yo AsstMod! When you have a moment, can you invite Pruton's rep to come back to Elaine's thread. I'd like to see this one resolved,
     
    IrwanI and Chun Khoo like this.

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