Bluemax Capital PAMM Account wiped out

nigel21212

Recruit
Messages
5
I received this update today.

Still not sure if this is an elaborate scam/heist coordinated by Bluemax Capital on all their clients while giving excuses that they were hacked. We'll see.
 

Attachments

samprince1991

Recruit
Messages
1
Seems like a scam organized. They have removed bluemax hyperlinks , some search engine results this week(red flag). Also i heard from some promoter of bluemax that , in 6 months ,they will partially allow you to withdraw the capital that you deposited (if you had not withdrawn amount exceeding the total amount that you deposited).

So if this is a organized scam, then they get to keep all the profits that they had earned over the course of time with our capital!!! Customers are the fools again, if this is true !!
 

kudabelangfx

Private, 1st Class
Messages
64
cyber attack nothing to do with real money invested. the system /any broker system doesnt store real money. get your money asap!
 
Messages
243
cyber attack nothing to do with real money invested. the system /any broker system doesnt store real money. get your money asap!
If there was a cyber attack or actual trading losses it will be nearly impossible to recover funds.
It also looks like this company was not regulated.

PAMMs blow out every single day at every broker (regulated or not). I am sorry but if we're going to be frank, it's very unlikely you will be able to recover funds.
 

SoniNew

Sergeant
Messages
139
Such a poor excuse. They could say that a tornado flipped the servers and the account is "gone" XD

- But really, in case of bankruptcy.. the client will not be covered? Even not by the regulator maybe?
 

TheAlert1

Sergeant
Messages
220
No FXMaster, the below screenshot is the message which we received in members login portal

View attachment 44762
"We are extremely sorry to inform you that our system was hacked yesterday and PAMM Manager account was wiped off because of high lot size placing of trades hence your account might also got washed out" !!!!!

Where's the proof they have reported this so-called cyber attack and that it's being investigated by police!?
A lot of clients money has vanished here!! What hacker would risk hacking in and start placing high lot losing trades - what do they gain from doing that? Wheres the money????? and where's the proof this has been reported and is being seriously investigated?

Such a poor excuse. They could say that a tornado flipped the servers and the account is "gone" XD

- But really, in case of bankruptcy.. the client will not be covered? Even not by the regulator maybe?
It would be much more believable and better for them if a tornedo did flip their servers over ! They would be covered by Force Majeure as most businesses are for natural acts of God. This is a really bad excuse and seriously needs to be investigated if such cyber crime has happened causing clients accounts to be wiped out!! I don't believe it. How many clients and how much money has been 'wiped out' !?

Not even a Tornedo could cause that much damage to clients accounts - it wouldn't start placing high lot losing trades wiping entire accounts out! it would cause a power cut to all servers and loss of open trades only. I don't believe this one bit and that a hacker has wasted their time doing this. Where's the police report they've filed and that it's being investigated. Plus anyone that does use this Bluemax Capital really needs to get all their money out asap now because its clearly not a secure site.

Hi guys,

my PAMM account with Bluemax Capital that I have invested was wiped out today. I have no idea what happened and have yet to get a respond from Bluemax Capital.

I received this daily statement that showed me multi trade entries that entered at a loss until my account went to 0$.
BlueMax Capital domain name is registered with GoDaddy.com but the site is hosted at Name Servers: CLOUDTB.COM

Cloudtb is registered in the US and would be investigated by FBI https://www.ic3.gov/default.aspx
I think you should file a complaint there at ic3 and let them know they should have already received a report from BlueMax Capital. I hope that helps you out.

https://www.whois.com/whois/cloudtb.com
Technical Contact
Name: Domain Admin
Organization: Global Contacts Inc.
Street: 200 South Virginia St., 8th Floor
City: Reno State: Nevada
Postal Code: 89501
Country: US
Phone: +1.7759965767
Email:
@globalcontactsinc.com

I received this update today.

Still not sure if this is an elaborate scam/heist coordinated by Bluemax Capital on all their clients while giving excuses that they were hacked. We'll see.
A cyber attack wiping clients accounts out isn't really for them to 'analyse' and decide how much of your money they will allow you. Doesn't look like they have reported it so far and need until Friday!!!
 

nigel21212

Recruit
Messages
5
They informed that they will "Start trading again with the help of all traders and will have a return of 10%/month starting on 1st Nov 2019". Today is the 17th Nov 2019 and no updates. I have requested to withdraw and was ignored completely for a week.

This is slowly turning to a well executed scam.
The "traders" have fantastic records. I do know that MT4 trades can be edited and uploaded in any websites like myfxbook or in this case, the bluemax capital page. I come to know that the only way to know if they are real traders that are truly profitable is to watch them through investor's password for a period of time like 1 week to see if they are real.

Statements are only sent out at the end of the day of the supposedly trades taken which I highly suspect is fake trades edited in.

Claiming being hacked but not reporting it to authorities or any action taken to recover funds is highly suspicious. Also given that this broker is not a regulated broker and their funds aren't backed by anyone is a big red flag. My view is that Bluemax Capital just basically ran away with investor's fund and playing victim claiming they are hacked. No action or activity was taken but all talk to delay investors saying that they will recover and repay the funds.

I would love to be proven otherwise by Bluemax Capital to defend themselves. Also I want my money back.

Regards.
 

Shahul

Recruit
Messages
1
Is there any way we can get our refund from Bluemax capital ?
They posted below message in Notification board in their portal.
" BlueMax Capital has stopped their business operation for your region. No more representatives are here so if you have any queries email at REMOVED or call at +91 REMOVED (call time 10:30a.m. to 4:30p.m.) " .

FPA Forums Team Note: Can someone else please visit the BlueMaxCapital notification board and post a screeenshot. We hate to be paranoid, but directing people to a generic looking email address seems suspicious suspicious.
 
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