Discuss BinaryBasis.com (Darren Howard)

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[iaffam]

Binary Basis with Apple Options and Discover Options Scammed me $35K via its Managed Accounts fraud.
Some time in May 2016, i made contact with one Helen Costa of Binary Basis (binarybasis.com) and she introduced to me the Managed Accounts package of theirs via Apple Options and Discover options (Big Bell Solutions company). I had my concerns and she convinced me that they were not frauds. I went on to start making investments as detailed below from July 2016 to September 2016 to the tune of $35,000.
The trades seemed like they were going well until the 24th of March 2017, which was just a week to my withdrawal of my first accounts that had a duration of 5 months. I contacted the Account Manager, Helen Costa on Skype and she continued to feign ignorance of the events even while they were still ongoing. I got screen shots of the flush down and sent to her, but she claimed that she had contacted the trading team and was yet to get a feedback. Meanwhile my accounts were being wiped out. I got in touch with both Apple options and Discover options by chat and they referred me to Binary Basis.On the 27th of March 2017, an e-mail was received from support@binarybasis.com, as shown in the bracket

( Dear Sirs,

we acknowledge that in the trading session of Mar 24, 2017 the losses
were incurred on your binary options accounts. Now we are trying to
figure out the reasons of algorythm malfunction. We have called the
Committee to investigate the situation. Once the results are revealed,
we will introduce the solutions to compensate the losses.

We appreciate your trust and will do our best to solve the situation in
the best way possible.

Regards,)

BinaryBasis Support Team

I retorted by putting it to them that it was a deliberately scam by them and the came back to say the following in an e-mail:-
(please be advised that we are now negotiating the solution for
compensation with the broker and insurance company.
Your Account Manager will contact you as soon as the compensation plan
is elaborated.

Kind regards,BinaryBasis Support Team)

It was obvious that they flushed down the accounts that were soon to be due and decided to leave two accounts that are due in July 2017, which they have continued to "trade".
Below is a list of the accounts and details of same which i did invest.
I have also attached documents to show evidence of my chats with Helen Costa and the transfers that i made.
Apple -Options Account # 11816 -$5,000 Invested Apple -Options Account # 11865 -
$5,000 Invested Apple -Options Account # 11866 -$5,000 Invested in my wife's
name(funds sent from my account). Discover-Options Account #11800 -$5,000 invested.
Discover-Options Account #11801 -$5,000 invested in my wife's name(funds sent from my
account). Discover-Options Account #11809 -$5,000 invested. Returns on this was due on
March 31, 2017, but account was wiped out on 24th March 2017 after 5 months of trading
a managed account as per agreed contract. Discover-Options Account #11810 -$5,000
invested in my wife's name. Returns on this was due on March 31, 2017, but account was
wiped out on 24th March 2017 after 5 months of trading a managed account as per agreed
contract.

 

[Ciara]

Scam Alert - Binary Basis (Overseas Hong Kong Investment Ltd subsidiary of Crown Holdings Ltd) Darren Howard, Suen Cho Hung, Helen Costa are all scammers. The address on their website for Hong Kong is fake, they do not exist. Apple Options and Discover Options in London do not exist either. The auto trader is fake. I lost money too and people should report to:
- The Federal Police in your country
- The bank where you deposited your money, send evidence of the deposit
- UK Fraud Police, complete the form on the website
- Hong Kong Police
- The Company Registrars Office in Hong Kong, quote their registration number on the contract

 

[Sarmic10]

Scam Alert - Binary Basis (Overseas Hong Kong Investment Ltd subsidiary of Crown Holdings Ltd) Darren Howard, Suen Cho Hung, Helen Costa are all scammers. The address on their website for Hong Kong is fake, they do not exist. Apple Options and Discover Options in London do not exist either. The auto trader is fake. I lost money too and people should report to:
- The Federal Police in your country
- The bank where you deposited your money, send evidence of the deposit
- UK Fraud Police, complete the form on the website
- Hong Kong Police
- The Company Registrars Office in Hong Kong, quote their registration number on the contract

 

[Sarmic10]

Thank you Ciara, they have scammed me and I want to get them back.

 

[Ciara]

Thank you Ciara, they have scammed me and I want to get them back.

Well so far the police said it was with Interpol but they get so many reports that it will take a very long time. Try and ask your bank to reverse deposit if they can, mine wouldn't. I am also going to try winchargeback.com, there is also Birman Global lawyers who are based in Israel. Both winchargeback and Birman want 10% deposit and when they get the funds they take another 20% so you end up with 70%, better than nothing I suppose.

 

[Ciara]

Well so far the police said it was with Interpol but they get so many reports that it will take a very long time. Try and ask your bank to reverse deposit if they can, mine wouldn't. I am also going to try winchargeback.com, there is also Birman Global lawyers who are based in Israel. Both winchargeback and Birman want 10% deposit and when they get the funds they take another 20% so you end up with 70%, better than nothing I suppose.

winchargeback.com has referred me to Giambrone Law who have helped many others. They don't take 10% up front so I will let you know the outcome.

 

[Ciara]

I have chosen to go with Birman Global lawyers and will update the progress.