thomas ewing
Private, 1st Class
- Messages
- 38
I think you need to reread Weini's case again. She was NOT a minor. Cititrader edited their TOS to increase the minimum age from 18 to 21 after she filed for a withdrawal.
Most of the people screaming "Weini was a minor" were spammers hired by a Cititrader employee. The only other person to make the accusation was a CitiTrader representative.
IF the terms had been set to 21 in advance, CitiTrader would have had an ironclad case and would not have needed to settle with Weini. Instead, they had to pay to reduce the impact of the negative publicity their own deliberate attempt to grab Weini's profits caused. Of course, they would also have had to explain how they allowed her to sign up in the first place.
yep those bloody dirty bastards, Jason Scharf is indeed one of the biggest ****s I have ever encountered in this industry, the FPA were remarkable in helping me and my girlfriend (weini) get back the money she earned, funny thing was after months of horrid abuse (wont go into detail) a rep of Cititrader said to Weini "you are one lucky girl, NO ONE meets those trading requirements" but she did, 32000 volume in 3 days lol, das my girl.
it can be done people but it is just so bloody hard to get the money back.
and yes to confirm they did alter their TOS from 18 to 21, I read all TOS when I or anyone I know signs up to any broker, but I have to compliment the FPA, they know their ****