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Bentonli Bentonli is offline
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Default We need action to protect ourselves - 12-09-2007, 09:59 AM

Hi, Felix and everybody:

I have just joined FPA after heard of Rashid's story.

First I want to thank Felix for his great job for us traders and my heart goes to Mr. Rashid and wishes he gets his money back soon.

This incident just gives me a kind of alert that some very dangerous animal is out there and is threatening the safety of every honest trader.What happened to Mr.Rashid could possibly happen to any of us in the future. I have not been scammed yet so far.But I don't think this couldn't happen to me in the future. We, forex traders, deserve a safe trading environment. Can we rely on Interpol or governments to get rid of those scammers? Probably not. Before goverments can take any action,many traders may have become victims and they could be you or me!

I believe that we, as FPA soldiers, can do something here. I don't know the true story behind Mr.Rashid's case. Based on the information I have gotten here, I tend to believe that Mr. Rashid is a victim. But, to be fair, we need the other side of the story. We need to hear from Forexgen.

Felix: here is my suggestion. 2 steps action.

Step 1: Besides what you have done so far to notify governments, we should invite Forexgen to post their side of story here or in the website they choose or in any way they want to publically tell the story. Of course it should be in a limited time. Now more than one month has passed. They claim that they are investigating. What make them take so long to inverstigate this matter? We should give them some sort of time limit. If they don't reply or If their explanation is unacceptable, then we should take next,final step 2: Mobilize our FPA soldiers to put them out of business. I am not a lawyer. I don't know whether this action is proper or not. But to protect ourselves, we need to do something. Traders: this is not just for Mr.Rashid. It is for you and me. If Forexgen is a true scammer and get away without punishment, more Forexgens will come to eat you or me alive one day. Considering the ammount it involves, it is worth action. That is why FPA exist for!

Step2: To mobilize all our FPA soldiers to take all means available to put this scammer out of business. This is a final action and is only taken after they fail to convince us. The actin we could take is: Mobilize our soldiers to provide all public forex forums online and encourage our soldiers to register there and tell the story repeatedly. I believe that most of forex traders would visit some kind of forex forum once a while. They claim that they have thousands of clients and if thousands of their clients hear about this story, I don't know how many would still stay with them. This is a way to show our strength and can serves as a warning to any potential scammer.


But this action should be cautious. We should give them the opportunity to prove themselves. We should act as reasonable traders, not trouble makers. That we demand an explanation from Forexgen is reasonable because Mr. Rashid is one of subscribers and he is coming for our help. If their explanation can convince us, no more action should be taken. There may be some untold story. Our aim is to protect our honest traders, not to disturb any honest brokers. Brokers can make mistakes. Traders can make trading mistakes too. But both must be honest. Otherwise it is FPA's holy duty to get rid of those scammers.

We should take some actions if this guy is a true scammer. Otherwise who will need
FPA?
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