GBO CAPITAL (formally Prime Brokerz

Iceman543

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GBO CAPITAL (Formally Prime Brokers)

Has anyone had dealings with GBO CAPITAL and have experienced the same thing?

I was doing very well with John Adams till GBO Capital took over.
John Adams has left there since.

What GBO Capital did was run my account down. As soon as the TP limit was reached they raised the limit till finally it went past the SL and of course lost my money. They just would not take profit, and why not as they got paid whether we won or lost!!
A friend of mine invested $57k+ and under John Adams we were both doing very well, including my daughter.
GBO capital comes on the scene and we lost everything as well..same thing they kept raising the TP..but had no hesitation on pulling the plug when it reached the SL.

John Adams advised me to close my account when it was dangerously low and I accepted and sent in the details and he CLOSED my account on the 24th April.

THat was on the 24th April!! more than 8 weeks ago.
As of this moment I haven't received any of my funds back in spite of constant emails .
A guy named Michael Anderson informed me that when and account is closed it takes about 6 weeks.
After that in spite of numerous emails to Support and to him I have not received an answer or the funds.
Well its now over 8 weeks and I am worried whether they have done a runner and I don't want to wait too long to report this in case it gets too late and by then the bird has flown.

I hear they are also not registered, and I would like to know if this is right?


THIS IS DAYLIGHT ROBBERY AND PUTS THEM IN THE SAME CLASS AS OPTION RALLY WHO SCAMMED $96,904 OF MY SAVINGS. These guys are criminals and have to be stopped.

I am still dealing with Option Rally and have approached GIAMBRONE, A law firm in London specialising in Forex & Binary Litigation to take up my case with OPtion Rally and I will join the class action they are preparing against them.

In the mean time I would like to know whether anyone has had dealings with GBO Capital and has experienced the same thing as when I have finished with Option Rally a few people I know are going to approach Giambrone Lawyers to set up a Class Action against GBO Capital and by they we will have quite a few people join us I hope.

I also have all the Email trails.
 
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How did you deposit?

hi mate.
When it was Prime Brokerz with John Adams as my broker. He was really good and tried to get me back on my feet after the disaster scamming by Option Rally, I only i vested 2k with John Adams and soo we were up to about 15k.m
I made a few typos and my account went to a little over 4k and John started bringing me back up as was my daughters accou t and a good friend of mine who also invested over 60k.

Enter Gbo...they drained us. My daughter and my friend lost all.
John Adams advised me to close my account and take the little i have left which he did for me before he left.
I am still waiting 10 weeks off..

Thx for listening.
Have a great day
 
If the deposits were by credit card, have a chat with the fraud/abuse department at your card's issuing bank.

For your daughter and her friend, how did they deposit the money?
 
If the deposits were by credit card, have a chat with the fraud/abuse department at your card's issuing bank.

For your daughter and her friend, how did they deposit the money?

By Cc but you have only 3 months to claim from the fraud department and the time has passed.I might actually tell my friend.
Actually when i was trading myself i was more succesful. I just uesd 3 basic technical analysis and set a target for every day, ususlly abou $100-200. When i reached that i stopped for the day. Obviously some days I used to have a loss but i set a target for that too. This was with Options.
It was when the so called experts came on the scene and told me i was doing it all wrong like Option Rally that I went down.
Gbo introduced the entry and exit take profit and stop loss and i thought that was the way to go so we all went for the managed account..till too late when we realised they wouldnt take the profit..and we realised they were taking commission whether we won or lost..
Unfortunately by the time we realised this the damage was done.
As i said i am in week 10..and no sign of my withdrawal!!
I DIDNT KNOW BETTER THEN BUT NOW i am a bit wiser..

THANKS FOR YOUR INTEREST
 
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Hi Iceman, I was also scammed by GBO capital to the sum of £6,500. like you I joined
them as Primebrokerz and had a good broker called Leo King who actually managed to
help me make a few thousand in profit on the account.
Short story, he went to the states and they changed their name to GBO capital and I was
handed on to John Adams. The patform actually melted down with all my open trades
and I have not been able to contact them since.

I have a review on FPE waiting for clearance, but would be more than willing to
join you in a prosecution. Unfortunately I am a pensioner and now pretty much broke.
 
Hi Iceman, I was also scammed by GBO capital to the sum of £6,500. like you I joined
them as Primebrokerz and had a good broker called Leo King who actually managed to
help me make a few thousand in profit on the account.
Short story, he went to the states and they changed their name to GBO capital and I was
handed on to John Adams. The patform actually melted down with all my open trades
and I have not been able to contact them since.

I have a review on FPE waiting for clearance, but would be more than willing to
join you in a prosecution. Unfortunately I am a pensioner and now pretty much broke.

mate i am in the same both except i got scammed a large sum of money from Option Rally and now this. John Adams did a great job and I should have exited when GBOCapital took over but didnt. The rest is history and John has left. I am preparing docs on here as FX Colonel suggested and am lodging a court case in FPA
 
mate i am in the same both except i got scammed a large sum of money from Option Rally and now this. John Adams did a great job and I should have exited when GBOCapital took over but didnt. The rest is history and John has left. I am preparing docs on here as FX Colonel suggested and am lodging a court case in FPA
also check out my lodgement of a court case here.
 
I'm afraid some of you have been misinformed. Primebrokerz had no address and it moved to Spain as GBO Capital. All the principals in Primebrokerz, John Adams, Leo King, and all the rest of the gang are criminals. Nothing can be done to retrieve money lost. The FCA is a toothless regulatory body, Action Fraud and the police are hampered by relaxed laws regarding fraud. Banks will renege on credit card laws without regard to the sums involved. I lost £40k with Primebrokerz, in the same way as others; they deliberately invested in stock that was bound to fail; why not, they collected the money.
I have since been contacted by a company who promised to get the money back through lawyers. The company wanted 10% of the amount, up front before doing anything about it. I declined, having lost everything to these crooks. We live and learn.
 
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