Prem Kumar Ramamurthi
Sergeant
- Messages
- 149
its nice to see it resolved
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not resolved quite yet.but yes its nice to get my initial investment back....and in all honesty its only because of my own bloody mindedness PLUS my knowledge of the LAW that i think they somehow managed to waive the t&c of the bonus.funny that.makes me think that they are up to dodgy ****.....its nice to see it resolved
the methodology used by banc de binary to convince me to deposit such a large sum of money
basically they promised me sufficient lessons/coaching to become a successful trader,whereas the actuality was they gave me ONE session with a guy who didnt actually teach me a viable method. this constitutes a BAIT AND SWITCH tactic,which is highly illegal,and can be considered to be FRAUDULENT.
promised me sufficient lessons/coaching to become a successful trader
1wildhorse is raising a very important issue.
The fact he got his money back is enough to label the case as resolved? Even so, does this mean that this broker is ok?
From one end- if we won't "leave the broker alone" this might not encourage brokers to pay people back in the future. From the other end- broker will continue to try investors, sometimes it will work and sometimes they will pay back (happy-go-lucky fraud).
agreed.i have asked all the parties concerned to come onto this thread to explain the conduct of their company,but to date none of them have chosen to do so.Generally, payment of all funds legitimately owed is enough to consider a case resolved. In this specific case, the OP still has a serious issue with the broker's failure to deliver on promised services. The promise of those services was used to lure in a larger deposit. Based on that, I'm going to leave this thread open and see how Banc de Binary addresses this issue.
EXACTLY!!!!how many thousands of investors have they theoretically screwed over in this manner?1wildhorse is raising a very important issue.
The fact he got his money back is enough to label the case as resolved? Even so, does this mean that this broker is ok?
From one end- if we won't "leave the broker alone" this might not encourage brokers to pay people back in the future. From the other end- broker will continue to try investors, sometimes it will work and sometimes they will pay back (happy-go-lucky fraud).
EXACTLY!!!!how many thousands of investors have they theoretically screwed over in this manner?
yes i couldnt agree more.it is only because of my knowledge of the LAWS that prevented them getting away with it yet again.i have been thinking about this in much depth today,and because they chose not to respond to my deadline,i propose that this case be moved to the traders court without further ado.i will of course provide the necessary evidence.this will be in addition to a formal complaint to CYSEC that i am in the process of drafting.what say you asst mod?Sadly, I think it's more than just thousands of investors my estimations are in millions. Many of them doesn't even know they got screwed.