Dear Noel,
I was flabbergasted by your email with the allegations against OptionFM . The behaviour of those people is deplorable to put it mildly. It happened in April/May of this year when we were living in Abu Dhabi, UAE. The disasterous events and disturbing follow-up led my wife and I to a time of real financial hardship plus emotional stress. For a while I thought we were the only people in the world who had undergone such a disasterous experience at their hands but reasoned that because of the things they did and said, their attitude to us on the phone and their modus operandi I thought we couldn’t be alone . Your email today ,Noel gives me hope of seeing justice. I had given up any idea that restoration of funds due to their irregular behaviour could ever be a likely outcome, yet I felt obliged to try to warn any present or prospective client of the company to stay as far as possible away from them . I used to laugh to myself when I read the CEO’s remarks when he quotes – “To be truly ‘in the money’, we have to invest consistently and insistently, never giving up and never giving in, until we reach the ultimate goal – financial independence and wealth.’ “ Yes the ‘financial independence and wealth’ part is for him and his cronies at the expense of many hardworking duped people.
I already feel a form of kinship with you dear sir, because I know you have been in our position and possibly experienced some measure of the trauma that me and my wife have experienced. I started initially to try to air my grievances through one or more regulators but without initial success. I did intend to persist in the task longer but still haven’t got round to it. I am pleased to hear of the steps you are taking to deal with this and I would gladly offer my assistance to you if you deem that to be beneficial.
After our shocking experience with them I was curious to know if anyone had a similar misfortune with OptionFM. On many of the financial websites the reviews were largely inoccuous even supportive of the company , so I rapidly came to the conclusion that OptionFM were seeding the sites with their own agents. So as I began to read your letter , at first I didn’t have a great expectation, but as I continued I was astonished with your account of what happened. You would have clearly noticed the details of the disasterous transactions and the unethical behaviour of the individual traders , right down to the absurd excuse given by her trader about his errant colleague. My wife disagreed with my suggestion that I should publish the names of the employees involved with her business, in particular her immediate trader. She felt that he was an innocent bloke just caught up in the malpractice . I was very sure the guy was not only culpable but complicit or even directing the theft of the funds. They are even deplorable actors. Would you believe within seconds of the theft , the trader handed my wife over to their so-called ‘psychologist’. My initial thought was that this so-called ‘psychologist’ was on the payroll of the company intended to appear to give some legitimacy to their scurrilous and dishonest behaviour. Also they must have been expecting on a very regular basis to deal with the aftermath of their blatant dishonesty. Meanwhile the original trader took over again and claimed he would help my wife to ‘recover her funds’. As I listened to the conversation I could not believe what the guy was doing. He urged her to try to procure funds from any other bank account which she held. He didn’t exhort her to try to raise $5000 or even $10,000 but would you believe , $30000 ! Can you imagine the stupidity of the guy let alone the audacity ? That’s like running over you on the road and then stealing your wallet ! It would be a tragedy if someone out there were actually duped into paying out $50000 in just over an hour to such racketeers ! As we pondered during the days and weeks following the sordid episode I kept thinking those OptionFM people were probably on a regular basis managing to extort huge amounts of cash from people who would be tempted to fall for their dishonest dealings and outright lies. Yes they must have frequently rehearsed the story line about the aberrant trader or manager who conducted the false transactions and ‘been sacked’ . As I listened to this guy I knew that everything he was saying was fabricated . The personal trader’s name was Lucas Varela . My wife received an email from James Rivera outlining his methods to perform fund recovery. I believe their gross dishonesty is only exceeded by their ineptitude at disguising there flagrantly nefarious dealings with their clients.
I have all the emails and the computer records of the transactions which illustrate fairly clearly the nature of the fraudulent transactions. So thanks for your kind interest and good luck with your efforts to have this company brought to account,
David Kelly
