GUILTY Case# 2015-065 | noland254 vs primefms.com

[noland254]

Original FPA Traders Court Submission:

I am submitting the case against: www.primefms.com

My Case is: i deposited about 3000 before, they promise you all kind of things but after you deposited the money they dissapear... especialy when you start to withdraw money like i did... they began to deliberately lose your money... my broker was Joe harris in PrimeFms.com...

he told me hed contact me and never did
i have all his mails on my email account...
then after my last sent mail... he deliberately made huge losses and my account is now on zero.. i have attached the screenshot for the losses he made

New thread in the Scam Alerts Folder:

• https://www.forexpeacearmy.com/forex-forum/scam-alerts-folder/39801-prime-fms-scam.html#post202756
  

Review is submitted by Noland on 04/29/15

The company was first contacted about the issue on 04/11/15 the last contact was on 04/29/15

Details: Date: Sun, 12 Apr 2015
Let me contact you anytime soon

Date: Tue, 29 Apr 2015
I need to contact you as soon as possible as it seems

an he never did..
after the last mail (Tue, 29 Apr 2015) he deliberately made huge losses in my account...

Company representatives' emails: Joe Harris <joe.harris@primefms.com>

 

[AsstModerator]

Are the trades in the attachment all of the trades? If not, please post a full trading log, starting from the initial deposit.

How much money did you deposit in total. How much is left in the account?

Do you have anything showing withdrawals being requested or declined?

 

[noland254]

my first broker was jay goldman...
i deposited 3000USD (im from australia so the bank screenshot would be in aud) that time and i requested a 1500 withdrawal
on september 2014... he successfully transfered the said amount in
my bank for 2 or 3 days after...

knowing that i can withdraw some cash anytime i began to trust primefms
but this time they changed my broker to joe harris...
i deposited 650 more (in total i now have 2150usd).
as you can see on the attached file, a big amount of profit has been made.
This time i wanted to take 3000usd from the account but then he opened trades
that made me lost not only my money but the profits aswell..

the withdrawal was accepted and says that itd be "processed shortly"
but i never got any other mail regarding my withdrawal after that.
..

 

[AsstModerator]

Have you discussed the issue with the fraud department at your credit card's issuing bank?

 

[noland254]

no i havent.
i doubt they would take action cause i gave primefms
permission to withdaw cash in my bank and transfer it
in my primefms account. its been about 2 months after the
deposit.but i will try to call them as soon as i can.
but honestly, is there any chance i can get my money back?
thanks again

 

[noland254]

hey again.. joe harris contacted me the email says:
Verification Deposits.docx 44 KB attached
Open up the file and print itView attachment Verification Deposits.pdf
Complete the following transactions and sign each and every one of them and then scan the signed document and send it to me
Also,
Please send scanned copies of the following documents as soon as possible
1 Proof of ID. A valid Passport / National ID / Driver's License
2 Proof of Address .Utility Bill (water, gas, electricity, phone bill). Dated in the past 6 months. Full name, address and date must be visible
3 Proof of Payment. Copy of credit card used in order to execute the transactions, both back and front, you can cover all digits of credit card except the last 4. The last 4 digits, full name and expiry date must all be visible.
Copies must be clear scanned copies, in color, with all four edges clearly visible (not cut off).

i have a feeling hes trying to trick me again...

I (full name) __________________________________, the account holder of the account stated above, hereby acknowledge the following deposits made into my trading account from my own means of payment, and verify that they were made in full awareness and by my own initiation:

please help..

 

[Pharaoh]

Withdrawals are one of the services a broker is supposed to provide. That might be used as a valid reason to charge back the last deposit, if you haven't already missed the deadline.

Brokers are permitted to require ID documents. They should have done this before the first withdrawal, but a followup request is legally allowable. The statement he wants you to sign appears to be designed to make a chargeback more difficult. I suggest rewriting it to include that deposits were made with the understanding that you could withdraw from your account and the broker wouldn't deliberately lose money when you asked for a withdrawal. You should show all of this to the fraud department at your credit card's issuing bank before signing anything.

 

[noland254]

update

today 14/5/2015 they deposited 750 in my prime fms account.
now i am hoping that they would deposit the remaining 1400
and the profits made as well.

for now i will be waiting if they would process the withdrawal
I've requested before.

hoping that they would transfer it soon.

 

[Pharaoh]

Go ahead and have a chat with your credit card's issuing bank. Find out the deadlines for filing a chargeback.

 

[noland254]

i called the bank and they have lodged an investigation.
they said i have to wait 4-6 weeks.