eToro scam blocked account several times with leverage 5 and says that the origin of my money is illegal but won't refund the deposit. 72043€ stolen

davideitaly

Private
Messages
19
I ve tried but they want 1200$ of fees and another 20% of succession fees.
My case is so evident, is a public scam, there are journals and associations going to publish it and apply to remove eToro licenses in Europe.
I hope justice will always prevail on scammers like these.
 

davideitaly

Private
Messages
19
I think if you use @Konstantin Mikov you will have a good chance of recovering the remaining funds.

Check out this post:
I ve tried but they want 1200$ of fees and another 20% of succession fees.
My case is so evident, is a public scam, there are journals and associations going to publish it and apply to remove eToro licenses in Europe.
I hope justice will always prevail on scammers like these.
 

4evermaat

2nd Lieutenant
Messages
2,242
I ve tried but they want 1200$ of fees and another 20% of succession fees.
In this case, this is a professional law firm and you have some good evidence. If filed correctly, you have a good chance of recovery. And Mikov does not accept cases that have a low probability of recovery anyways.

I Believe for this case Mikov is your best chance at recovering the remaining funds. But even if you don't recover all of it, you would have put forth your best effort and can move on with better knowledge of fx brokerages.

My case is so evident, is a public scam, there are journals and associations going to publish it and apply to remove eToro licenses in Europe.
You were originally ripped off for over 70k EUR. Then you got some partial refunds over $20k back (very likely due to some FPA exposure...you're welcome btw).

You can also try to go it alone. But especially with Cyprus broker, I would use Mikov's experience. But Cyprus law can be tricky to navigate. I don't know why you are crying about $1200 when you initially threw away 70k. IMO this is not a logical choice.....However, it is entirely your choice.

Please keep us updated every 2 weeks about your case.
 

davideitaly

Private
Messages
19
I didn't throw away 70k , just invested on long term. I should chose when to close my positions, maybe on last december, maybe on 2026. There shouldn't be a broker strategy to ruine a consumer, a trusty investor, just using stupid justifications and closing the positions and account.
Etoro is a sponsor of many italian football team. I don't think they want to be involved in this public scandal in Europe, (UK Financial Ombudsman works better, they don't risk) because in one week there will be several articles published regarding their illegal and criminal conduct, with name and surname of their agents I spoke with. At least as they used to register calls, I also did. We will see how much will lose eToro, maybe they will lose their licenses in few European Union States and this should be dangerous for the "leading social investing platform".
At the moment with this losses is unthinkable to spend more money. Just would be enough to pay a % of succession fee with this evident case.
However many thanks for your cooperation.
I hope to find a colleague to find and obtain the right justice and mostly to sanction eToro. They will have to close like in Venezuela.
I can't sleep well since 30th of march but I promise I'll do my best everyday to show to the whole world who is eToro, the marketmaker, who are their managers, and what kind of tricks there are on their fake app, and strategies to close their users accounts, to scam, to steal.

In this case, this is a professional law firm and you have some good evidence. If filed correctly, you have a good chance of recovery. And Mikov does not accept cases that have a low probability of recovery anyways.

I Believe for this case Mikov is your best chance at recovering the remaining funds. But even if you don't recover all of it, you would have put forth your best effort and can move on with better knowledge of fx brokerages.


You were originally ripped off for over 70k EUR. Then you got some partial refunds over $20k back (very likely due to some FPA exposure...you're welcome btw).

You can also try to go it alone. But especially with Cyprus broker, I would use Mikov's experience. But Cyprus law can be tricky to navigate. I don't know why you are crying about $1200 when you initially threw away 70k. IMO this is not a logical choice.....However, it is entirely your choice.

Please keep us updated every 2 weeks about your case.
 

4evermaat

2nd Lieutenant
Messages
2,242
I think we can agree that the FPA exposure helped in receiving any type of recovery. Which works out well for victims.

Well in the mean time, you can certainly make a voluntary donation to me for the assistance. Doesn't have to be $1200, but anything close to it would be good :cool: :p :cool: :p :cool:
 

wakawaka

Banned Multi
Messages
6
Dears,

I am really destroyed and have to comunicate that this company eToro is scamming people in different ways and me 72.043€ deposited during six months!
I ve registered on July 2021 and verified the account and deposited step by step all this quantity.
Suddenly on January 2022 they sent me "important information regarding your account" a comunication that my account is under an investigation,
they asked me to provide all my money where come from and at first I was shocked as my money are on differents brokers and bank accounts and never asked me all this, but however, after they blocked me my account I ve provided them all documents to show that my money are legal, that my grandma left me this amount on 2008 with a bank statement and the picture of the transfer of the huge amount my grandma left me to live as my father is very ill and I ve to support him all his life long.
I was investing money thinking that eToro was a reknown company well known everywhere and that is a sponsor on team footbal t-shirts, has a social, is famous but no!
Notwishstanding they told me my money are not legal and the provenience is not proved but there is a bank statement official, the picture of that transfer, 6 bank accountds statements provided, and today they tried also to make me rest on the platform for other threee weeks but acepting the risk that I can lose more money...but my money are not illegal?
They say they will close my account and they refuse to refund me all the deposit with leverage 5, 72043€ invested, my future my life ruined, I would never imagine all this happening and real, an unemployed person is a problem because I couldn't receive a gift from my grandma and they use like an "excuse" to ruine my life and steal all my money..they cannot offer and verify the account and after 6 months taking advantage of the market start to treathen clients like me.
That s also not at all, they use lots of tricks to scam people like closing markets before than official times, closing positions with a stop loss that for all liquidity providers never reached that value, suddenly differents spread rates that change and suddenly comissions higher on cfd instruments, site in mainteneance.
I ve lost 72043€ on their hand and this has to be public as I am a lawyer a honest person, I ve sent all original documents.
I would like your help if is possible to speak with them to justify the provenience of my money, I am not scared to tell to everyone in the world what this company did to me, treating me like a "criminal" but they are the real one that steal money from clients.
If my money are illegal why they are not denouncing it to the police? if my money are illegal why they want to allow me to rest for other 3 weeks? if my money are illegal and I couldn't invest them and positions are not closed why they don't give me back the refund of all deposited?
I was admiring Assia and the idea the geniality of a social broker but it is only an appearance a cover
My life ruined 72043€ deposited on this s***
I will do everything in my life to denounce this to all authorities as I am a free person to invest my family money I ve received 15 years ago !
we have the same issue now i cant even withdraw my funds i was talking to some lawsuit about this my funds are neaely 20k usd
 

davideitaly

Private
Messages
19
I think we can agree that the FPA exposure helped in receiving any type of recovery. Which works out well for victims.

Well in the mean time, you can certainly make a voluntary donation to me for the assistance. Doesn't have to be $1200, but anything close to it would be good :cool: :p :cool: :p :cool:
really funny you are, what exposure if I am here to receive multiple offers to pay more? lol that's the best environment of my life! do something to recover what is mine, then we will speak about a vouluntary donation!
 

4evermaat

2nd Lieutenant
Messages
2,242
we have the same issue now i cant even withdraw my funds i was talking to some lawsuit about this my funds are neaely 20k usd
you need to open a separate scam alert thread and attach evidence there:


fpa-new-screenshot-create-new-thread-button-png.48651
 

HeavenLeighRob

Sergeant
Messages
247
Just saw another post about this broker being a scammer - I'm staying away from them and warning others to do the same from here on out.
 
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