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

[davideitaly]

So just to summarize

So just to summarize, how much total did eToro give you back so far?
And approximately which dates did they pay?

Police of Cyprus is going to be contacted by Spanish Police for the Mutual Assistance in European Union.
CYSEC still looking into my case, without moving a finger.

so just to summarize, Lieutenant, are you here to find donations or to really help?

 

[4evermaat]

so just to summarize, Lieutenant, are you here to find donations or to really help?

What more would you like me to say? Based on my years of experience, the best bet for the amount involved was to let someone like Mikov handle this on your behalf. You had a good chance of getting a settlement for at least 50% of the amount, but likely upwards of 75% That would have been your best chance at a settlement....and it would have likely been resolved by now.

You get the benefit of:

• getting the majority of your funds back,
• moving on with your life,
• less stress,
• etc etc.

Instead you have chosen the diatribe route. Ego driven vs settlement driven. You might get your all funds back (...and I hope you do). But if you don't, you will just blame FPA for not doing enough or otherwise be regretful for not getting the rest of your money back.
At least you would have warned a few souls against trading with this company based on your experience. So that's still a good thing.
----

Trust me, if I did this for donations I would have starved already. You really have to have a passion for helping people to do any of this FPA investigative stuff. Many times the victims morality is on par or worse than the company's.

 

[davideitaly]

What more would you like me to say? Based on my years of experience, the best bet for the amount involved was to let someone like Mikov handle this on your behalf. You had a good chance of getting a settlement for at least 50% of the amount, but likely upwards of 75% That would have been your best chance at a settlement....and it would have likely been resolved by now.

You get the benefit of:

• getting the majority of your funds back,
• moving on with your life,
• less stress,
• etc etc.

Instead you have chosen the diatribe route. Ego driven vs settlement driven. You might get your all funds back (...and I hope you do). But if you don't, you will just blame FPA for not doing enough or otherwise be regretful for not getting the rest of your money back.
At least you would have warned a few souls against trading with this company based on your experience. So that's still a good thing.
----

Trust me, if I did this for donations I would have starved already. You really have to have a passion for helping people to do any of this FPA investigative stuff. Many times the victims morality is on par or worse than the company's.

Is opened a Criminal Process for Scam and Misappropriation: 35.487,24€.
Is don't have to be glad to reach a settlement or similar because I was investing my money and they closed my investments and account for "eToro anti-laundry policy", nine months later (I sign up on july 2021) and after I've worked 7h/day with almost 6.000€ of winnings (positions closed) and paying 2.000€ of eToro Commissions.

Do you really would prefer to settle with this "poor broker", after suffering economic damage, moral and psychoilogical damage, with that specified quantities of money (winnings and commissions included), since their fake investigation of 14th of January, that means half a year of pain?
Asking for private bank account statements, treathening me, giving me that SCAM?
All conversations with their agents have been recorded since the first one until last one of 29' with their Argentinian Manager Tali Salomon.
In my opinion a company like this deserve to see closed its business if is acting like this with its clients, indeed Platinum Client of their fake Vip Club.
I am also an international doctor and lawyer and I cannot forget this.

 

[pioruns]

Dears today ADUC ITALY published my case on.


https://www.aduc.it/articolo/broker+trading+esteri+etoro+caso+emblematico+grane_34496.php


eToro is still appropriating almost 40.000$ since 30th of March and disappeared.
I have all registered conversations with their agents that threathened me since 14th of january when started their ridicolous and fake "importan investigation on my account" after months I ve opened an account with them.
Their argentinian agent for Spain, Portugal and LATAM told me before that my account would have been closed 100% and so proposed me, by phone, to rest maximum for 3 weeks more on eToro platform and I refused to sign that scam-agreement, as I am a long term investor and I will never accept a term or a date (indeed decided by eToro) on my financial instruments!
I asked to transfer my positions to other brokers and she said NO.
Then they closed my account and refund me only a small amount and stole the rest.
If my money were dirty wht 3 weeks more?
Etoro has the best marketing strategy ever!
Look on their ADS on Google and will see same similars feedback and reviews.
Only if you go deeper into the web and Google you will find real reviews and lots of users complaining.
As I am an International Lawyer I am looking for others scammed people to suit them all together.
Hopefully European Union Member States will remove their licenses like in Venezuela.
I am also in touch with CYSEC.

Regards to all.
Always good luck and have faith!

Well done. I've read the article through a translator. Keep us updated with this case. I hope you will get all your money back.
I use to have eToro account and over £20k there, but I was uncomfortable they didn't had UK FCA license to operate, so I closed my account and withdrawn capital and small profits without any issue.
Now, I will continue to avoid this broker, thanks for letting us know about this case.

 

[pioruns]

What more would you like me to say? Based on my years of experience, the best bet for the amount involved was to let someone like Mikov handle this on your behalf. You had a good chance of getting a settlement for at least 50% of the amount, but likely upwards of 75% That would have been your best chance at a settlement....and it would have likely been resolved by now.

You get the benefit of:

• getting the majority of your funds back,
• moving on with your life,
• less stress,
• etc etc.

Instead you have chosen the diatribe route. Ego driven vs settlement driven. You might get your all funds back (...and I hope you do). But if you don't, you will just blame FPA for not doing enough or otherwise be regretful for not getting the rest of your money back.
At least you would have warned a few souls against trading with this company based on your experience. So that's still a good thing.
----

Trust me, if I did this for donations I would have starved already. You really have to have a passion for helping people to do any of this FPA investigative stuff. Many times the victims morality is on par or worse than the company's.

What's your comission on Mikov's referral? If you can disclose it then maybe you wouldn't need to ask for "donations" yourself for "helping" - helping to direct new clients to your affiliate, that is.

 

[4evermaat]

What's your comission on Mikov's referral? If you can disclose it then maybe you wouldn't need to ask for "donations" yourself for "helping" - helping to direct new clients to your affiliate, that is.

$0.00. He is licensed to practice law in certain jurisdictions (mainly EU clients affected by so called "1st-tier" regulated brokers or clients affected by EU regulated broker.

Although if more victims who recovered followed this friendly advice, I'd likely be approaching millionaire status by now.

 

[davideitaly]

Just to update on the case: still no answer neither by etoro managers, neither by Cysec;
I am waiting for Financial Ombudsman and Cyprus Police and the Criminal processes in Italy and Spain.

Etoro is the Israeli MAFIA based in Cyprus for only European Customers, not UK, "regulated" by Cysec.
Cyprus tax haven where Cysec neither their Courts do something to STOP these CRIMINALS.

One day, when you are in temporarily loss, probably with high leverages, ovbviously never before when you are in profit, they will get you, they will invent justifications, they will treathen you and find excuses like "anti-laundry policy" to close your account and take your money.

On ETORO YOU DON'T GET ASSETS, you only play an internal sistem, just like a CASINO.

In 2022 everything allowed by Corrupted Institutions.
But we will never give up!

To finish:
ETORO DOESN'T EVEN ANSWER TO THE SPANISH POLICE (image attached below).

AVOID THIS BROKER!

 

[ScarletPipernel]

Why isn't Etoro responding to their invitations on separate complaints? It looks very bad for them.

 

[davideitaly]

Hello Dears,
there are several people contacting me also victims because of eToro anti laundry policy, same sheme apparently.
No update by Cysec.

 

[davideitaly]

Dears,
Do I have to accept the binding nature of Financial Ombudsman decision?