Recent content by hverma

So what is the latest update on this? Has anyone formed any forum to report this issue to Govt officials? How can they operate for so long and scam people like this? is there no one here scammed in UK as the address on the website is from UK and must be reported asap.

Can you let me know whats ur investment amount and how much are you withdrawing. Did you try to ask them about any other info? Do you have any other friend who is also in the same situation? Lets try to connect personally and take some actions against them.

I have tried to contact everyone involved here, Algotechs > BeAlgo > UPayCard > Financial Stability > KØBENHAVNS ANDELSKASSE bank. No one is disclosing anything. Anyone here has any idea if we can start a legal proceedings against Algotechs since thats the company we started to invest with.

I have tried to contact everyone involved here. The agency says that they have taken control of the bank and are not allowed to disclose anything. BeAlgo says that they dont have direct account with the bank, instead they operated via UPayCard services and UPayCard has the account with the bank...

Hi Kishore, Are you also getting the reply that your funds are frozen as the bank has been taken over?

Do you have any proof of your statement? I have all the proofs thats its 2 weeks now and they not transferring the funds. Why others in this thread are not speaking up now? Where is @FxMaster

Can you please check and give me any advice on this. Do you have more info on BeAlgo? Is it a scam or something. Do let me know whatever info you have.

Amount is close to 15K and the reason BeAlgo is providing is there bank Københavns Andelskasse has been taken over by the FSA authorities in Denmark. The website of Københavns Andelskasse also says so, but it has been taken over on 13th Sept 2018. I raised the withdrawal request in last week...

I have a new thread with below link. Can you at least let me know what can be done in these kind of cases. Can we start some legal proceedings from outside the country or not? https://www.forexpeacearmy.com/community/threads/algotechs-and-bealgo-withdrawal-issues.58437/

This thread is for all the withdrawal issues people are facing when trying to withdraw money from BeAlgo when the trader is Algotechs and broker is BeAlgo. BeAlgo is stating that there bank in Denmark has been taken over by the govt authorities and all the outgoing funds are frozen. I am not...

Thats what my whole post and earlier posts mean. I am facing the problem with BeAlgo only and I am not sure what to do and how can I start any legal proceeding against them from outside Bulgaria. I need some people who have faced the same withdrawal issues with BeAlgo and I want to ask them what...

Hi guys, can anyone here suggest what can be done in these kind of cases. The company is situated in Bulgaria and can we start any legal proceeding from outside Bulgaria. How and where can we report these kind of cases and save others from falling in such traps. I am really frustrated with the...

I have read the article before also and thats why I invested. The problem is not with Algotechs but with BeAlgo which is there broker. They are now saying that there bank Københavns Andelskasse has been taken over by the Danish authorities and all the outgoing transactions are now frozen and...

I think the above account is fake or sponsored by BeAlgo but I am not able to withdraw my money since last 2 weeks now. Have been contacting both Algotechs and BeAlgo and not getting any satisfactory answer apart from waiting to get the Københavns Andelskasse thing sorted out. I am not sure what...