1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

CMSTRADER lost 1.6million in 2 days

Discussion in 'Scam Alerts' started by CMS Loser, Aug 28, 2019.

  1. AsstModerator

    AsstModerator FPA Forums and Reviews Admin

    Joined:
    Dec 11, 2007
    Messages:
    5,447
    Likes Received:
    1,143
    According to Bill's Rules of Order, a request for polite language is always in order. There is a reason for this. No matter what a company has done, consider the odds of getting a reply between these 2 messages...

    1. You #&@ing scum stole my money. Get your *#^'s into this thread and tell the world why you evil criminals are scamming me.

    2. Can you please come and join this discussion thread? I believe some technical issue resulted in your platform incorrectly wiping out my account. I'd like to discuss what went wrong and what can be done to correct the situation.

    There are many scamming criminals in the financial industry where politeness won't help, but you must remember something else. There are also many technical issues and terrible misunderstandings. These can be resolved much more quickly through a polite discussion.
     
    4evermaat, oscarra and FxMaster like this.
  2. oscarra

    oscarra 2nd Lieutenant

    Joined:
    Oct 30, 2014
    Messages:
    1,029
    Likes Received:
    357
    Uhh obviously we managed to catch some attention here better start behaving before getting kicked out :D

    The Ombudsman will be of no help, https://www.fca.org.uk/news/warnings/cms-trader

    Do explain all your story again, more details please, your jurisdiction, the name of your manager even fake don’t matter, phone numbers emails used…whatever you can think of, and of course which Banking institutions received your funds, name and account nb.

    Besides fpa review plenty other very bad stuff

    https://www.forexbrokerz.com/brokers/cmstrader-review

    "Pandorx Ventures Ltd. is registered in the UK, but is not regulated by the FCA. According to the broker’s website, it only provides the payment services of CMSTrader."

    Oh how can that be :eek:
     
    4evermaat likes this.
  3. oscarra

    oscarra 2nd Lieutenant

    Joined:
    Oct 30, 2014
    Messages:
    1,029
    Likes Received:
    357
  4. CMS Loser

    CMS Loser Recruit

    Joined:
    Aug 26, 2019
    Messages:
    8
    Likes Received:
    1
    Im with hsbc in the uk and they cannot help as this was a push payment so I actively sent payments of my own doing.recipient bank is in serbia the account was safeside trading. The brokers name is John Richardson based in Birmingham uk and the cms traders that then took over the account were chris miller and Alex C. They say they were based in Cyprus but had sounded Isreali to me and i ve tracked their address to Gom in isreal. They only wanted to talk on the phone which I couldn’t call them back on and otherwise it was via whatsapp between me and chris miller. When i asked for money the trades went crazy so that my equity reduced to small numbers when the balalance was 1.5m. See screenshot.
     

    Attached Files:

    oscarra likes this.
  5. 4evermaat

    4evermaat 2nd Lieutenant

    Joined:
    Jun 26, 2012
    Messages:
    797
    Likes Received:
    198
    #15 4evermaat, Sep 15, 2019 at 4:04 AM
    Last edited: Sep 15, 2019 at 4:10 AM
    oscarra likes this.
  6. oscarra

    oscarra 2nd Lieutenant

    Joined:
    Oct 30, 2014
    Messages:
    1,029
    Likes Received:
    357
    Can you name us The Serbian Bank also Iban of accounts, best upload the broker wire transfer data

    ….who knows what is behind this account

    https://www.fca.org.uk/news/press-r...omplaints-about-authorised-push-payment-fraud

    Don’t trust your HSBC Bank, in fact they rather file an AML suspicion report on your behalf before helping, go ahead with the Uk Ombudsman, Serbia is also part of EU and should comply to its standards.

    https://www.moneysavingexpert.com/reclaim/fight-back-fos/
     
  7. CMS Loser

    CMS Loser Recruit

    Joined:
    Aug 26, 2019
    Messages:
    8
    Likes Received:
    1
    I have written to the bank to state that they are harbouring bank accounts for known fraudsters but have had no response.

    The bank is Unicredit bank . Kontakt@unicreditbank.rs
    Serbia
    Sort code & account
    BACXRSBGXXX RS35170004000170805077
     
  8. RHANDP

    RHANDP Private

    Joined:
    Oct 11, 2018
    Messages:
    24
    Likes Received:
    1
    Sadly a video of trading activity would not be admissible in a UK court.
    Also our regulators are pretty toothless.

    Your best bet is to find a legal firm in the UK that will follow this on a "no fix no fee" basis, and go after the payment processor registered here. Because this is above a certain threshold your legal fees would be covered in the event that you won your case. Be sure that you consider the arrangement between you and any prospective law firm ... what happens if the case is lost or appealed or any judgment thereby found to be unenforceable?

    As per their privacy statement at https://www.cmstrader.com/privacy-statement
    "CMSTrader.com is owned and operated by Safe Side Trading LTD Office 7 35-37 Ludgate Hill, London, UK."

    NB Companies house record has been modified to indicate PANDORX VENTURES LTD Company number 09229115 as owners, however under Persons with significant control Safe Side Trading Ltd. of C And H Towers, Great Marlborough And Great George Streets, Roseau, Dominica, 00152 is listed as: Nature of control - Ownership of shares – 75% or more.

    It is my understanding that a judgment gained here in the UK could be enforced in the Grenadines (former UK colony with UK Supreme court as supreme court of appeal), although it is just as likely that any funds held in a bank there would vanish as soon as action began in the UK.

    In terms of the ownership of Pandorx, the following individual is listed... although it is likely/possible this person is a shill or even unaware of their involvement.

    ALCIBAR RODRIGUEZ, Alma Nallely

    Correspondence address
    71-75, Shelton Street, Covent Garden, London, England, WC2H 9JQ

    Role Active
    Director

    Date of birth
    October 1985

    Appointed on
    26 July 2018

    Nationality
    Mexican

    Country of residence
    Mexico

    Occupation
    Businesswoman
     
    #18 RHANDP, Sep 18, 2019 at 8:50 AM
    Last edited: Sep 18, 2019 at 9:47 AM

Share This Page