Email from FINMA in reply to Mr. Ibrahim Ali
email received from FINMA today
Dear Sir:
Reference is made to your previous correspondence with our communication department and more specifically the e-mail you sent us yesterday forwarding an e-mail you apparently received from Mr. Ibrahim...
I saw this post at fxstreet today
Source: Francesc’s Weblog » FINMA Opens Bankrupcy Process of Crown Forex S.A
23Ibrahim Ali (Chairman of the board of Crown Forex)
Very Important Information
To whom it may concern.
I would like to explain the current situation of Crown Forex. FINMA...
Check this out, what's going on!
I saw these entries at fxstreet
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10Crown Forex Employee
I am an employee of Crown Forex and I can confirm that Crown Forex has appealed this decision and that this decision is SUSPENDED,,,,the court will make a decision on the activities of Crown Forex...
I got this few entries from Fxstreet
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10Crown Forex Employee
I am an employee of Crown Forex and I can confirm that Crown Forex has appealed this decision and that this decision is SUSPENDED,,,,the court will make a decision on the activities of Crown Forex in Due Time.
Furthermore the...
You are entitle to your opinions
Hello Stony:
May be both of us are just speculating the thing that we don't fully know. However, I am their customer. I trade with CF for years and have personally dealing with their management for a very long time. Thus may be I know a bit more facts...
Difference case
It is difference when a firm ran out of fund and declare bankruptcy and a firm that violated regulation and is shut down by the regulator. For example, FXLQ was liquidated by the regulator. They still have enough fund to pay all customer 100%, but the reason for shut down...
Let FINMA and their lawyers do their work
Hello everyone:
We knew that FINMA decided to shut down Crownforex since March, but they did not make any announcement because by law they must submit the case to the court and give CF 30 days to respond. Now the court had decided, so the...
Still no payment
Crownforex sent me one payment on November 17, but now stop paying again.
They still owed me over 400k. My attorney filed claim with Swiss debt collection office. We will wait and see if they pay, if not, we will report them to Swiss banking commission and to Swiss public...
Time to fight back
I understand that some people is still trying to defend Crownforex even they cannot withdraw money for many months. People are afraid that if they report their problem to the public, it may cause the run to the bank affect, which all Crownforex's clients run to withdraw their...
I understand that some people is still trying to defend Crownforex even they cannot withdraw money for many months. People are afraid that if they report their problem to the public, it may cause the run to the bank affect, which all Crownforex's clients run to withdraw their money, and at the...
Considering legal action against Crownforex
Hello Everyone:
So far I don't have much hope that Crownforex will settle our accounts peacefully. I have problem withdraw my fund since early September, until now they don't wire me a penny. Worst than that, they try to rob my account empty by...
Join legal action
Hello everyone:
I also have problem withdrawing fund from Crownforex since early September.
So far they just try to ignore us, delay, and give a run around.
FPA is helping a few people that problem with Crownforex. We should join together and fight them.
We also...
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