Been scammed by ufx

Belle24

Recruit
Messages
17
Hi my father was originally looking into bitcoin. But somehow ended up at UFX whom got him to invest his life savings through a cold call. They assured him that his monies were safe. He had a senior trading man assigned to help him called dave Clarke based in Cyprus. After a few courteous calls to wind him in. They then guided him on the stock market and after a month or so lost all his monies. Would like to recoup his monies if possible. Any advice greatly appreciated.
 

Belle24

Recruit
Messages
17
My dad was looking into investing with bitcoin. But somehow ufx cold called him and persuaded him to invest all his savings with them. He was assigned a senior trading person called dave Clarke in Cyprus. After many emails and various conversations and advice from dave my dad lost all his monies after less than two months. Dave said trust me and stupidly he did. Now got no monies need to get it sorted. Any help to get this resolved would be appreciated.
 

4evermaat

2nd Lieutenant
Messages
1,968
How much total did you/your dad invest into this program? Do you have an account statement or something similar to help prove your case? Does it show when you deposit and withdraw the funds?

You can leave a review of the broker here: https://www.forexpeacearmy.com/forex-reviews/5004/ufx-forex-brokers?per-page=50

And if you want you can invite the broker here after 96 hours https://www.forexpeacearmy.com/comm...how-to-invite-a-company-to-your-thread.58438/

But FPA has already labeled them as a scam since November 2012.
 

4evermaat

2nd Lieutenant
Messages
1,968
I have evidence of them taking the monies from his bank account.

I'm not sure I understand. Do you have a screen recording or a screenshot/scanned document showing this?

Perhaps you can elaborate in a 3-4 sentences how the money went from his bank account to the stock trading (or forex trading) account. And what platform he was using to trade his stocks/forex.

Help a stranger to visualize exactly how you got into the situation (in a concise way).
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they are still regulated by VFSC. You can try to reach out to them: https://www.vfsc.vu/fees-help-support/contact-us/

vfsc ufx global limited still regulated vanuatu.png

and here is their "constitution" paperwork attached to their regulation profile: https://www.dropbox.com/s/r2115ywsa8r95cr/UFX_GLOBAL_Limited_-_Constitution.pdf?dl=1

I've also attached some other helpful files.
 

Attachments

  • Fit-and-Proper-Guidelines.pdf
    90.3 KB · Views: 5
  • VFSC_MARKET-PRACTICE-AND-CODE-OF-CONDUCT.pdf
    89.8 KB · Views: 3
  • VFSC-Guidance-Notes-Addressing-Complaints-Against-a-Financial-Dealers-Licensee.pdf
    53 KB · Views: 3

Belle24

Recruit
Messages
17
I have evidence of them taking the monies from his bank account.
Hi my father was originally looking into bitcoin. But somehow ended up at UFX whom got him to invest his life savings through a cold call. They assured him that his monies were safe. He had a senior trading man assigned to help him called dave Clarke based in Cyprus. After a few courteous calls to wind him in. They then guided him on the stock market and after a month or so lost all his monies. Would like to recoup his monies if possible. Any advice greatly appreciated.
I'm not sure I understand. Do you have a screen recording or a screenshot/scanned document showing this?

Perhaps you can elaborate in a 3-4 sentences how the money went from his bank account to the stock trading (or forex trading) account. And what platform he was using to trade his stocks/forex.

Help a stranger to visualize exactly how you got into the situation (in a concise way).
-----------------------------------------------------------------------------------


they are still regulated by VFSC. You can try to reach out to them: https://www.vfsc.vu/fees-help-support/contact-us/

View attachment 50044

and here is their "constitution" paperwork attached to their regulation profile: https://www.dropbox.com/s/r2115ywsa8r95cr/UFX_GLOBAL_Limited_-_Constitution.pdf?dl=1

I've also attached some other helpful files.
So how do I go about trying to get this sorted out. Any advice please
 

4evermaat

2nd Lieutenant
Messages
1,968
So how do I go about trying to get this sorted out. Any advice please
Get a text file editor like notepad, notepad++ or MS word and type out bullet points of what happened.

Then download bandicam and gather the evidence on your screen (record in full screen mode). (don't use your phone camera). Any account statements from the broker, any emails, etc show it in the video. Here is a good example video from another user to get some ideas:


The reason why you have in text file is so that you can refer to it as you make the video. And show viewers what you will be talking about.

You can always delete/redo the video if you miss something. or do a different video.

Are you familiar with youtube? you can upload the video there (unlisted). Otherwise, you can put the video on facebook (public post), or use cloud service like google drive, dropbox, etc.
 

4evermaat

2nd Lieutenant
Messages
1,968
How much did you deposit total with this broker? What date did you do this?
 
Last edited:

Belle24

Recruit
Messages
17
Initially 10,000 then they cold called him and persuaded him to invest 65,000 between march and April 2018. And by May the whole lot had gone.
 

4evermaat

2nd Lieutenant
Messages
1,968
Initially 10,000 then they cold called him and persuaded him to invest 65,000 between march and April 2018. And by May the whole lot had gone.

$75k usd total? Do you have records to support this? Follow my earlier instructions to upload them.

Good luck sir
 
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