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Algotech - Bealgo = HUGE scam artists!!!

Discussion in 'Scam Alerts' started by chickennugget, Apr 3, 2019.

  1. oscarra

    oscarra 2nd Lieutenant

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  2. Tonyn

    Tonyn Recruit

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    Had the same thing, my account run into minus just after the market opened on Sunday night. I’ve reported my case to https://www.actionfraud.police.uk/, they will get back to me in 28 days. We should all reported, As we have more chances that they will investigate further. I’m planning to reported to the FCA too.



    3487332B-95C6-42C3-A2CC-DE794EF240BC.
     
  3. terx84

    terx84 Private, 1st Class

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    i request all investors who have fallen victim of bealgo and algotechs scam to report the scam here -

    fintelegram.news/whistleblower-system/

    the more people will report, the more chances that we would be able to recover our money.
     
  4. chickennugget

    chickennugget Recruit

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    Exactly the same thing happened to my account! Only difference is, it has not yet reached 0 balance yet! Happy to join forces and take proper action! I am also Dubai based!

    Tried the credit card company and they could only try and retrieve funds that is paid within the last 120 days, prior to that they say its virtually impossible
     
  5. FxMaster

    FxMaster Lt. Colonel

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    Did you invite them yet to this thread?
     
  6. FxMaster

    FxMaster Lt. Colonel

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    Everyone who got an issue with Algotech, I request them all to open a separate thread in Scam folder so you will have a reply regarding how to get your funds back from them.
     
  7. marioiacio

    marioiacio Recruit

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    All
    I joined this scam Algothecs last october. i tested them I asked fro a big part or my investment back and it worked. So they had full trust and even here I had stated earlier on that I could not accuse them of SCUM.
    3 weeks ago they just stole my investment with a trick and since then all is gone.
    They contacted me with an english telephone and mobile number so I contacted the english Police and they gave me the link below and so I reported online their crime to the:

    Action Fraud
    National Fraud & Cyber Crime Reporting Centre
    www.actionfraud.police.uk

    I also reported them locally to the Tax office that has a special department than handles frauds.

    I showed the evidences of bank transactions, websites and log ins I had access so that they have all clear and can verify what I said and hopefully start an investigation in the EU, freeze whatever bank accounts are still open and trace the bank account to see where the money goes etc...

    We can warn people here but I advice whoever has been scammed to report it to the local authorities and to the UK police as mentioned above. If you find any other FRAUD site in EU pls share it here so that we can all also file it there.

    Thanks and I stop joining this forum as I did all I had to do to officialize the scam to the local authorities and english autorities.
     
    FxMaster likes this.
  8. Stratos

    Stratos Recruit

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    Hi every body i am also one ov the victims of algotechs and bealgo , they had the same system with everyone of us and the purpose were propably how to take the biggest ammount of money and in one night to desapear. I dont thing that anyoane of us will succed to take his money back but what is the list we can do is to hunt them and bring them to justes. I have reported also to the uk authirities and also to the EFRI.IO which make a group of victims collect evidence and we will try all toghether to hunt them.
     
  9. FxMaster

    FxMaster Lt. Colonel

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    The same suggestion for you also, it will be good if you can open a new thread in scam folder along with the full details of your problem with them.
     
  10. Bimala14

    Bimala14 Recruit

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    I have found a lawfirm in Vienna who is filing a collective claim to Algotechs. They charge 10% succesfee in case of refund. They seem serious to me and I have send the details of my investments to them.

    FPA Forums Team Note: Please post the name and website of the lawfirm. This will allow people who may want to use them to check their credentials. Please also post information about any upfront fees they may charge.
     

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