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Problem To vantagemarkets.com. Official Statement. I will set my self on fire in public.

I am having an issue with a company

Mdlihlare 3488

Recruit
Messages
5
My name is Sarah Mdlihlare Manana and I was trading with you (vantagemarkets.com) with the mt5 account 1143034.
You have scammed my account with the amount 68000 euro by using false representations + 9000 that is in my account and you do not allow me to withdraw. So a total scam of 77000 euro.
It's clear that you have scammed me all the way because I am black.
I have lost everything because of you. My life has no meaning anymore, You make me abandon my family and my church.
You make me to feel like slave because of your scam and racial discrimination. My heart and mind can not leave like this anymore
I have no willing to continue my life in such a humiliating way. This is not acceptable. That is why i have decided to put an end to my life using
the worst method possible of suicide. This is my reaction to your SCAM, RATIAL DISCRIMINATION AND IGNORANCE.
Mr. Roderick Wurfbain,the executive Chairman Luc Albinski , customer representative Despina Tymvios, Andy Chen, and the support team of vantagemarkets.com are the people that through their actions forced me to put an end to my life.
With the help and support of my fraternity, my family and Lawyer will sue the above persons for pushing me to end my life in the worst way.
ASIC,CYSEC FCA,CNN , Bloomberg , BBC, Yahoo Finance, Forex Peace Army, Fxstreet and Finance Magnates will receive an official email today regarding my action. The same email will be sent to all universities worldwide mentioned in my previous email.
Interpol, financial crime and local authorities will also receive email regarding my action and who is responsible.

OFFICIAL STATEMENT

I SARAH MDLIHLARE MANANA with the id number : 5805120400087 have decided to suicide because i have been scammed in the worst way possible from vantagemarkets.com the amount of 77.000 euro
. I tried to accept the scam but i failed, i apologise to my family ,friends, and my fraternity, its not their fault , they have been very good with me but i can not leave in such such pain in my heart and mind. Vantagemarkets.com forced me to be under heavy medication, I can not work, i can not breathe, i can not leave.This is the end for me. Vantagemarkets with the regulations AFSL no. 428901, CYSEC no. HE428969 and the VFSC no. 700271 forced me to kill myself.
I officially state that i will set myself on fire in public between 4 huge banners explaining that vantagemarket.com scammed me with 77.000 euro because am black. My event, my death, my justice will be live on the 4th of June.
If you do not send me all my money that you stole from me , then you will be sued for millions.
Lastly, I officially state that I have LOST everything because of vantagemarkets. I have nothing else to lose.
This email has already been forwarded to the above organizations as I mentioned. You can see in the email forward section
I am not bluffing with any above statement.
This email will be forward everywhere as I promised above.
 

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My name is Sarah Mdlihlare Manana and I was trading with you (vantagemarkets.com) with the mt5 account 1143034.
You have scammed my account with the amount 68000 euro by using false representations + 9000 that is in my account and you do not allow me to withdraw. So a total scam of 77000 euro.
It's clear that you have scammed me all the way because I am black.
I have lost everything because of you. My life has no meaning anymore, You make me abandon my family and my church.
You make me to feel like slave because of your scam and racial discrimination. My heart and mind can not leave like this anymore
I have no willing to continue my life in such a humiliating way. This is not acceptable. That is why i have decided to put an end to my life using
the worst method possible of suicide. This is my reaction to your SCAM, RATIAL DISCRIMINATION AND IGNORANCE.
Mr. Roderick Wurfbain,the executive Chairman Luc Albinski , customer representative Despina Tymvios, Andy Chen, and the support team of vantagemarkets.com are the people that through their actions forced me to put an end to my life.
With the help and support of my fraternity, my family and Lawyer will sue the above persons for pushing me to end my life in the worst way.
ASIC,CYSEC FCA,CNN , Bloomberg , BBC, Yahoo Finance, Forex Peace Army, Fxstreet and Finance Magnates will receive an official email today regarding my action. The same email will be sent to all universities worldwide mentioned in my previous email.
Interpol, financial crime and local authorities will also receive email regarding my action and who is responsible.

OFFICIAL STATEMENT

I SARAH MDLIHLARE MANANA with the id number : 5805120400087 have decided to suicide because i have been scammed in the worst way possible from vantagemarkets.com the amount of 77.000 euro
. I tried to accept the scam but i failed, i apologise to my family ,friends, and my fraternity, its not their fault , they have been very good with me but i can not leave in such such pain in my heart and mind. Vantagemarkets.com forced me to be under heavy medication, I can not work, i can not breathe, i can not leave.This is the end for me. Vantagemarkets with the regulations AFSL no. 428901, CYSEC no. HE428969 and the VFSC no. 700271 forced me to kill myself.
I officially state that i will set myself on fire in public between 4 huge banners explaining that vantagemarket.com scammed me with 77.000 euro because am black. My event, my death, my justice will be live on the 4th of June.
If you do not send me all my money that you stole from me , then you will be sued for millions.
Lastly, I officially state that I have LOST everything because of vantagemarkets. I have nothing else to lose.
This email has already been forwarded to the above organizations as I mentioned. You can see in the email forward section
I am not bluffing with any above statement.
This email will be forward everywhere as I promised above.
Sorry for your loss and we will do our best to help you. First, no amount of money is worth taking your life. Please calm down and think through the rationale of your actions. Most of these scammers are in Cambodia, Laos and Myanmar and they do this all day long for a living. The scam is called Pig Butchering and they followed a script to steal your money. Unfortunately they do this to many innocent people and countries such as Cambodia and Laos are lawless and their government officials even profit off of the scams. The scams are well known by the Governments there and they don't care what happens to innocent people. Most of the scam bosses, high up bosses, are Chinese nationals now living in Cambodia and Laos.

What country are you from so that we can advise where to report the scams? The Global Anti Scam Organization (GASO) was founded by victims of these scams and they have free live chat on their website to help all victims. I recommend you contact GASO as they have many resources to help with the emotional challenges you are facing. Please see the link and video below for more details.


 
Hi Sarah,

Sorry for what happened to you. I believe that there’s always a solution. GASO (https://www.globalantiscam.org/) is a great organization that can help you. I’m one of the victim too and a lot of people who volunteers at GASO are also victims of these type of scams. If we all arm together we can fight these scammers, I know is hard but we will come out of this soon.

I strongly advise you to seek this organization because they can help you.

Take care Sarah
 
Hi Sarah

Most of us here have been exactly where you are right now. Please do not do what you are threatening because your life is precious and your family would be devastated and never recover. So the scammers will have taken even more from you. If I could meet you I would hug you and say that your life is worth far more than all the money in the world. Please don't do this !!

Join us and fight them, We are making huge progress to bring them to justice.
 
My name is Sarah Mdlihlare Manana and I was trading with you (vantagemarkets.com) with the mt5 account 1143034.
You have scammed my account with the amount 68000 euro by using false representations + 9000 that is in my account and you do not allow me to withdraw. So a total scam of 77000 euro.
It's clear that you have scammed me all the way because I am black.
I have lost everything because of you. My life has no meaning anymore, You make me abandon my family and my church.
You make me to feel like slave because of your scam and racial discrimination. My heart and mind can not leave like this anymore
I have no willing to continue my life in such a humiliating way. This is not acceptable. That is why i have decided to put an end to my life using
the worst method possible of suicide. This is my reaction to your SCAM, RATIAL DISCRIMINATION AND IGNORANCE.
Mr. Roderick Wurfbain,the executive Chairman Luc Albinski , customer representative Despina Tymvios, Andy Chen, and the support team of vantagemarkets.com are the people that through their actions forced me to put an end to my life.
With the help and support of my fraternity, my family and Lawyer will sue the above persons for pushing me to end my life in the worst way.
ASIC,CYSEC FCA,CNN , Bloomberg , BBC, Yahoo Finance, Forex Peace Army, Fxstreet and Finance Magnates will receive an official email today regarding my action. The same email will be sent to all universities worldwide mentioned in my previous email.
Interpol, financial crime and local authorities will also receive email regarding my action and who is responsible.

OFFICIAL STATEMENT

I SARAH MDLIHLARE MANANA with the id number : 5805120400087 have decided to suicide because i have been scammed in the worst way possible from vantagemarkets.com the amount of 77.000 euro
. I tried to accept the scam but i failed, i apologise to my family ,friends, and my fraternity, its not their fault , they have been very good with me but i can not leave in such such pain in my heart and mind. Vantagemarkets.com forced me to be under heavy medication, I can not work, i can not breathe, i can not leave.This is the end for me. Vantagemarkets with the regulations AFSL no. 428901, CYSEC no. HE428969 and the VFSC no. 700271 forced me to kill myself.
I officially state that i will set myself on fire in public between 4 huge banners explaining that vantagemarket.com scammed me with 77.000 euro because am black. My event, my death, my justice will be live on the 4th of June.
If you do not send me all my money that you stole from me , then you will be sued for millions.
Lastly, I officially state that I have LOST everything because of vantagemarkets. I have nothing else to lose.
This email has already been forwarded to the above organizations as I mentioned. You can see in the email forward section
I am not bluffing with any above statement.
This email will be forward everywhere as I promised above.
Hi Sarah,
I am here in FPA since 2011, It`s more than 10 years so far. From my experience with brokers and helping posts, I can assure you that no broker does anything based on your skin colour.

I feel very low after reading your post that your heart and life broke that much, you deiced to end your life! BUT my sister, remember this, ending your life is never a solution and if you take this step then not just you who gonna affect, everyone surrounding you got affected.

Let me try to help you by inviting the company here, to do so, please follow the below steps.

Let's start with adding your story as a review https://www.forexpeacearmy.com/forex-reviews/6219/vantage-markets-review and then follow the below suggestions.

Note 1: The invitation button will be enabled when your first post reaches 4 days old.
Note: 2 You need to make a second post in this thread to enable the official invitation option.
Note 3: Make sure to share your account number (Only account number). Many time this help companies to find out whether you are genuine or not.
Note 4: Make sure to follow the suggestions correctly, when you do it correctly you will get the below message in your thread automatically.

OP Screen shot.jpg
 
From the terminal in your MT5 platform, it appears that you deposited $612, then profited more than $98k.

Then it appears that $90k was withdrawn.

A legitimate and honest broker would not withdraw funds from your account without your authorisation.

If the MT5 numbers are true, then you've actually made money, not lost it - if this is incorrect, could you show us a copy of your MT5 statement (not just the numbers in the MT5 terminal)?
 
Based on the evidence revealed so far, it appears to be a pattern of this company to remove profits that they wish not to pay their clients. I have not seen a situation where it is the opposite situation (the client has a large loss, the company adjusts those trades, and the client is effectively given a "do-over")

from @Mdlihlare 3488 i would like to see:
-> complete account history statement. here is a tutorial: https://www.forexpeacearmy.com/comm...how-to-invite-a-company-to-your-thread.58438/
-> how much total have you deposited from VantageFx
-> How much total did you withdrawal?
-> what was the brokerage's official answer as to why they did a sudden "cash adjustment"

furthermore:
Did you study the different business models that an OTC fx cfd brokerage uses? Did you fully understand the business model that VantageFx uses?

This video clip might give you a real insight into how most otc retail brokers view their clients:



But the good news is that you don't have to blame yourself for the actions of someone else. You CAN educate yourself to how the OTC world actually works and make better choices.


Then it appears that $90k was withdrawn.

A legitimate and honest broker would not withdraw funds from your account without your authorisation.

If the MT5 numbers are true, then you've actually made money, not lost it - if this is incorrect, could you show us a copy of your MT5 statement (not just the numbers in the MT5 terminal)?

The cash adjustment that is shown in the first screenshot is likely Vantage just removing the profit made, based on some arbitrary excuse that the trades were "abusive". So apparently that gives this brokerage full reneging rights. An agency model brokerage could not do this.

That kind of money can really change people's lives. If he earned it legitimately, he has every right to withdraw it to his bank account / payment processor. Not have it cancelled [stolen from] him from the pit boss or other casino staff. But the casino CAN refuse the customer from doing any further business (tell you to leave). Like in this video (2 min):




@AsstModerator how many more cases are needed from VantageMarkets before the company is put up to a scam vote?



And this does not include other actions of VantageMarkets, such as ripping off IBs:

And some people who did reviews, but no scam alert Between 2021-Oct-25 until 2022-May
 
I will say that I hope Sarah does speak with a crisis counselor or equivalent regarding her emotions around this issue, but I'm not going to let the thread turn into a debated over that issue. I also want to point out...

This thread is about assisting Sarah in her efforts to deal with a complaint against Vantage-FX.

I've just removed several posts. Remember that Scam Alerts threads are considered to be on-topic threads. Please focus on the primary issue.
 
Now I'm going to be a hypocrite and add something off-topic into this thread.

@4evermaat

Let's look at those threads...

https://www.forexpeacearmy.com/community/threads/vantagefx-trying-to-steal-my-money.67476/

One post from OP. No followup and no invite sent. Questions were asked and ignored. The thread is now labeled as Abandoned.

https://www.forexpeacearmy.com/community/threads/vantagefx-loots-users-accounts-with-poor-excuses.73685/

One post from OP. No followup and no invite sent. I've just invited the OP back to the thread.

https://www.forexpeacearmy.com/community/threads/vantagemarkets-com-asic-and-cysec-regulation-stole-14088-euro-from-my-mt5-account.73403/

Only one post. Settlement reached, but only after FPA temporarily hid the thread. This disqualifies it from being marked as Resolved, but since the money was paid, it cannot be used as the basis of any vote.

https://www.forexpeacearmy.com/community/threads/vantagemarkets-doesnt-let-me-withdraw-us-16-468-05.73808/

This one has proceed to a recent TC invitation to the thread. The weighting on the associated review has been increased and will be increased more if the broker declines to show up.

Affiliate issues have never been permitted to serve as the basis of a vote.

And some people who did reviews, but no scam alert Between 2021-Oct-25 until 2022-May

Traders Court votes have always require evidence, not just hearsay. The evidence must be presented in a Scam Alerts thread so that members can ask questions and the company has the option to present counter evidence.

If the FPA decided to throw evidence out the window and base TC on only reviews and ratings, I would resign. Someone else would have to lift the scam findings against a large number of companies which worked very hard to get that label while somehow having better ratings than Vantage. My replacement would also have to label several SEC regulated US stockbrokers as scams, mostly because their customer service agents are very good at annoying clients. Even if the FPA did do this, Vantage is still rated above 2.5 stars in spite of time weighting on reviews and extra weight applied to those with unresolved issues in Scam Alerts.

I'd like to remind everyone of the FPA Trader Court's priorities as laid out in the changes to TC rules published earlier this month and stickied in this folder....

In order of priority, the main goals of the FPA's Traders Court system are...

1. Helping traders and companies get issues resolved fairly whenever possible.

2. Providing larger exposure to unresolved problems in the forums and reviews. A major part of this involves increasing the weight assigned to qualified reviews. This lets the ratings of companies that refuse to properly address issues fall faster than if the rating was based on evenly weighted reviews.

3. For the most outrageous and egregious scams with solid evidence and multiple complaints, a vote can be held regarding a Scam label.

And the reason for the change of how TC worked...

I've tried lesser policies, but the people who only care about their issue and don't care about rules, evidence, or even fairness to their fellow FPA members left me with no choice but to put firmer rules in place.

As of today, Traders Court votes will be reserved for only the most egregious cases of scam and fraud where the FPA has seen large amounts of evidence proving the company to be a direct threat to the bulk of its clients. Things like deposit-only brokers luring clients into kiss of death trades or paying fake fees would qualify, if we can get multiple clients with proof.

For smaller issues, weighting of reviews and relevant FPA alerts on review pages will be the primary way to convince a badly behaved company to treat clients more fairly. Good evidence helps increase weight. Failure to reply or failure to provide a reasonable reply by a company representative will increase weight.

I am not happy with the amount of complaints that Vantage has generated, but we are a long way from most outrageous and egregious and only have one active thread that even made it to the TC invitation phase.


Please let's get this thread back on track and try to resolve Sarah's issue and direct her to the appropriate regulators if we can't.
 
My name is Sarah Mdlihlare Manana and I was trading with you (vantagemarkets.com) with the mt5 account 1143034.
You have scammed my account with the amount 68000 euro by using false representations + 9000 that is in my account and you do not allow me to withdraw. So a total scam of 77000 euro.
It's clear that you have scammed me all the way because I am black.
I have lost everything because of you. My life has no meaning anymore, You make me abandon my family and my church.
You make me to feel like slave because of your scam and racial discrimination. My heart and mind can not leave like this anymore
I have no willing to continue my life in such a humiliating way. This is not acceptable. That is why i have decided to put an end to my life using
the worst method possible of suicide. This is my reaction to your SCAM, RATIAL DISCRIMINATION AND IGNORANCE.
Mr. Roderick Wurfbain,the executive Chairman Luc Albinski , customer representative Despina Tymvios, Andy Chen, and the support team of vantagemarkets.com are the people that through their actions forced me to put an end to my life.
With the help and support of my fraternity, my family and Lawyer will sue the above persons for pushing me to end my life in the worst way.
ASIC,CYSEC FCA,CNN , Bloomberg , BBC, Yahoo Finance, Forex Peace Army, Fxstreet and Finance Magnates will receive an official email today regarding my action. The same email will be sent to all universities worldwide mentioned in my previous email.
Interpol, financial crime and local authorities will also receive email regarding my action and who is responsible.

OFFICIAL STATEMENT

I SARAH MDLIHLARE MANANA with the id number : 5805120400087 have decided to suicide because i have been scammed in the worst way possible from vantagemarkets.com the amount of 77.000 euro
. I tried to accept the scam but i failed, i apologise to my family ,friends, and my fraternity, its not their fault , they have been very good with me but i can not leave in such such pain in my heart and mind. Vantagemarkets.com forced me to be under heavy medication, I can not work, i can not breathe, i can not leave.This is the end for me. Vantagemarkets with the regulations AFSL no. 428901, CYSEC no. HE428969 and the VFSC no. 700271 forced me to kill myself.
I officially state that i will set myself on fire in public between 4 huge banners explaining that vantagemarket.com scammed me with 77.000 euro because am black. My event, my death, my justice will be live on the 4th of June.
If you do not send me all my money that you stole from me , then you will be sued for millions.
Lastly, I officially state that I have LOST everything because of vantagemarkets. I have nothing else to lose.
This email has already been forwarded to the above organizations as I mentioned. You can see in the email forward section
I am not bluffing with any above statement.
This email will be forward everywhere.
On the 4th of June Despina Timvios the customer representative of vantagemarkets emailed me with a very small offer but with the condition first to sign a disclosure agreement which means to erased my posts.I havent accept the funny offer of 30k because i dont care for less money. i have 2 options. Or i get my money full back or i maintain my dignity and beliefs to a respectable level. The only way to keep my dignity, in my opinion is to expose vantagemarkets so much that my name will be remembered for years. To do this i must leave from this life.That is why i dont have time for bullshits. This is dignity. This is beliefs. This is freedom of the sole. Please dont try to stop me. Its my decision. Vantage markets broke everything that i believe this doesnt change. So i will change them. I promise. God bless you all
 
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