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ACME HEDGE scam

Discussion in 'Scam Alerts' started by Amin EL-HAKIM, Apr 23, 2012.

  1. Acme Hedge

    Acme Hedge AcmeHedge.com Representative

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    yes we still didnt get the money from them. they promised to clear all the dues within 3 months
     
  2. Romeo

    Romeo Sergeant

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    I understand that the latest 50.000 is delayed. According to the statement, you withdrew another 380.000 USD in the past 20 months. Did you receive all that money?
     
  3. Pharaoh

    Pharaoh Colonel

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    I would like a list of which of the withdrawals displayed at the FPA were received by AcmeHedge and which ones weren't.

    I'm also curious why Acme Hedge didn't publicly complain about this issue with ECN Alpha here at the FPA.
     
  4. Amin EL-HAKIM

    Amin EL-HAKIM Master Sergeant

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    What's to disagree with? If my problem was regarding the loss of the first account, I would've posted at that time. My problem is you took on yourself the responsibility to recover the money which I proved by attaching our e-mail conversation on the other "open cases" thread. I don't believe neither I nor the other traders will get any penny back. The most annoying thing in the whole matter was the lying about transfer been done and a confirmation would be sent. As I promised you, they went down and took you with them. Too bad since you had a good reputation and now I'm sure no one will ever work with an account manager from Panama anymore. I think the 90-120 days period mentioned is more than enough time to liquidate everything and leave the country. And if I'm wrong, it would be for my own good.

     
  5. Romeo

    Romeo Sergeant

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    ACME HEDGE still did not inform us on the amount they withdrew from the broker.
     
  6. Nick Drivers

    Nick Drivers Recruit

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    What could do an investor to get his money back?

    Is there any possibility of success?

    Is there anybody who think to sue ecnalpha?
     
  7. mrgummo

    mrgummo Corporal

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    OK, lesson number one: make sure your broker is regulated.

    Lesson number two: great performance /data can be fabricated.

    For me, this was a $10K lesson! I thought I was smart, finding a loophole around US regulations with a brokerage with greater leverage and no FIFO rules (for future EA's). Lesson learned.
     
  8. Pharaoh

    Pharaoh Colonel

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    Going after ECNAlpha may be the only option, but you should do it fast.

    AcmeHedge's website is down. ECN Alpha's website says that they aren't accepting new clients and are supposed to pay people within 90-120 days. Of course, that could just be a stalling tactic to let them cover their tracks more thoroughly.
     
  9. Nick Drivers

    Nick Drivers Recruit

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    Thanks for your reply, but I don't understand the meaning of it... could you please explain me better? also via PM, if you prefer.
    thanks a lot!
     
  10. Pharaoh

    Pharaoh Colonel

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    Other people may have the same question. If I explain by PM, then I may have to answer the same question many times.

    You need to contact your bank and local police to see how to file internet-based financial fraud charges from your country.

    You need to email ECN Alpha letting them know that you will be filing charges if the money in your account is not returned.
     
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