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Edgar International A Scam?

Discussion in 'Scam Alerts' started by andykk, Sep 3, 2010.

  1. andykk

    andykk Recruit

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    I have made investment in forex via Edgar International thru an agent in Kota Kinabalu. However, owing to some rumours I made withdrawals of about USD30K 3 weeks ago. Unfortunately till todate , have yet to receive payment. My friends also made similar big sum a week ago but hv yet to receive payment.

    Under normal circumtance, should have rcvd payment within 3-5 wrkg days. Can I lodge a police report on the so-called agent in Kota Kinabalu whom received my money with acknowledgement form?

    Something went very wrong with Edgar International Forex..

    AndyKK
     
  2. NickB

    NickB Forex4Noobs Rep.

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    I doubt the police would do much. You're better off calling the regulatory agency for the country in question.

    On the contact us page of the Edgar international site they have a New Zealand address. You could try contacting the New Zealand Securites Commision Securities Commission.

    Otherwise if they are based on Kota Kinabalu you could contact the Securities Commission Malaysia Securities Commission Malaysia.

    If you get your money back I suggest you sign up with a different broker. Try a broker based in US, UK, Canada, Australia, or Switzerland.
     
  3. John80

    John80 Recruit

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    Hi AndyKK

    I am not sure if the police can help you. However there is a heated topic on Edgar International on babypips forum.
    forums.babypips.com/newbie-island/35215-edgar-international.html
    Maybe you can find some answers there. All the best.
     
  4. jackiechan

    jackiechan Recruit

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    andykk

    may be u can try to report police, when they caught by police then you will know the truth.
     
  5. andykk

    andykk Recruit

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    Thanks for the advice...Nonetheless, I m pleased to inform that eventually the money is back despite some delay. It was never like this before n I m really perplexed what really transpired recently..

    All the best to d mgmt team of Edgar and wish they could be more efficient and overall adminstrative would be improvised.
     
  6. NickB

    NickB Forex4Noobs Rep.

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    You should change broker and go with one of the big names.
     
  7. jackiechan

    jackiechan Recruit

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    shame

    ya.. what a shame. when there was a bit delay, people want to report police, when people withdrawing money smoothly, and the trader making fruitful return and profit, no compliments or showing their appreciation on the website at all. Human being... :unhappy:
     
  8. Adrian Ng

    Adrian Ng Recruit

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    Edgar international delay my withdrawal for more than 1 month.
     
  9. Adrian Ng

    Adrian Ng Recruit

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    Who r u? staff in edgar international?
     
  10. Adrian Ng

    Adrian Ng Recruit

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    Any help????
     

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