Original FPA Traders Court Submission:
I am submitting the case against: www.sparkmarkets.com/
My Case is: Please listen to my story.
BinarySwiss contacted me on the 30th Mar 2016 ( Micheal Carter) . They said
i was losing money trading myself so my name and contact went on a distribution
list. They obviously got the contact from Binary Tilt another proven scammer.
They said they would double my money and blah blah blah so i initially deposited
$1250 EUR. Of course they made money , i checked the trades and at the time
they looked legitimate. Then John Everhard rang me. I deposited another 5000 EUR
and he proceeded to trade with that.
Weeks later i had thought everything was ok. Then the so called trader John
Everhard offered apple trades but only to people with 50,000 EUR and over in their
account. I refused because i didn't have that money. He wasn't impressed
and started putting long dollar trades with my account.
Then in June 2016 , he came again with the promise of getting my account pass
100,000 EUR if i deposited at least 25,000 EUR . He wouldn't let up, i was afraid to
lose all the money in my account so i deposited 25,000 EUR because he promised
regular withdraws. I felt so bad, i had to burrow money on the promise that
he would cover the interest with regularly withdraws.
When the account was up, he came back again asking for more money with same
promise of withdraws . At the start there were a couple of withdraws after i
begged him for weeks. During all this , I was constantly locked out of my account
. He would place long positions with the entire account
balance without my permission. Putting long trades on with my money meant I could not
trade myself because the account balance was always low. He would leave bots on for
days to lose money , i had to turn them off myself. After i asked him why he
did that , he said we were a team . I put the bots on and you turn them off.
Once again , he traded without my permission .
In Oct 2016, strange things started happening. He asked for more money , 60,000 EUR,
my wife who was trained in marketing told me that he was using the same techniques.
After that point , I was constantly locked out of account. Someone would
always place long trades so i could not make a withdraw.
He told me the company was merging with Sparkmarkets and that they were going to get regulated.
He tried to sell the long position off to another broker ( which is a lie).
All together i had lost 95,000 EUR to BinarySwiss. Their web site is no longer
up. www.sparkmarkets.com is the parent company and i'm sure this John Everhard
alias is scamming more clients. He said he was incharge of a 70 million
portfolio which i doubt is true.
No one is replying to my emails, on one is answering the phones. John
Everhard has disappeared on skype. My only hope is contacting the parent
company sparkmarkets but i doubt i will get my money back.
There is money in the account that i cannot get to . The terms and conditions
on their web site says “withdraw with a penality” or trade the required
volume. I can do neither as their web site is down. I'm sure now that
this is 100% a SCAM.
I will be contacting ASIC ( Regulator in Australia) about both BinarySwiss
and Sparkmarkets and a few other international regulators. I will also ask the
regulators to block both www.binaryswiss.com , www.sparkmarkets.com at the DNS
level.
Please DO NOT listen to anyone with the alias John Everhard or anyone from
BinarySwiss or Sparkmarkets. I don't want others to suffer as much as i did.
These are the actions of John Everhard and BinarySwiss:
* Lock customers out of their account after each trade expiry
* He rang the bank up using my identity
* Placing long trades without my permission
* They don't update their security certificate so the majority of their web
is broken
* Allow account managers access to customer accounts and to place trades
without permission.
* Offer financial advise without being qualified.
* Lying about withdraws
The last contact i had with them was via email on the 9th of May and this is
what they said:
"Your approach is being reviewed. You will be contacted soon."
( What does that even mean)
I have documentation on them , he even sent another customer details
to me which i thought was a breach of privacy.
New thread in the Scam Alerts Folder:
Review is submitted by tbpine on 10/30/17
The company was first contacted about the issue on 09/30/17 the last contact was on 10/11/17
Company representatives' emails: Sparkmarkets<support@sparkmarkets.com>
BinarySwiss<support@binaryswiss.com>
JohnEverhard<john.everhard@binaryswiss.com>
MichealCarter<michael.carter@binaryswiss.com>
I am submitting the case against: www.sparkmarkets.com/
My Case is: Please listen to my story.
BinarySwiss contacted me on the 30th Mar 2016 ( Micheal Carter) . They said
i was losing money trading myself so my name and contact went on a distribution
list. They obviously got the contact from Binary Tilt another proven scammer.
They said they would double my money and blah blah blah so i initially deposited
$1250 EUR. Of course they made money , i checked the trades and at the time
they looked legitimate. Then John Everhard rang me. I deposited another 5000 EUR
and he proceeded to trade with that.
Weeks later i had thought everything was ok. Then the so called trader John
Everhard offered apple trades but only to people with 50,000 EUR and over in their
account. I refused because i didn't have that money. He wasn't impressed
and started putting long dollar trades with my account.
Then in June 2016 , he came again with the promise of getting my account pass
100,000 EUR if i deposited at least 25,000 EUR . He wouldn't let up, i was afraid to
lose all the money in my account so i deposited 25,000 EUR because he promised
regular withdraws. I felt so bad, i had to burrow money on the promise that
he would cover the interest with regularly withdraws.
When the account was up, he came back again asking for more money with same
promise of withdraws . At the start there were a couple of withdraws after i
begged him for weeks. During all this , I was constantly locked out of my account
. He would place long positions with the entire account
balance without my permission. Putting long trades on with my money meant I could not
trade myself because the account balance was always low. He would leave bots on for
days to lose money , i had to turn them off myself. After i asked him why he
did that , he said we were a team . I put the bots on and you turn them off.
Once again , he traded without my permission .
In Oct 2016, strange things started happening. He asked for more money , 60,000 EUR,
my wife who was trained in marketing told me that he was using the same techniques.
After that point , I was constantly locked out of account. Someone would
always place long trades so i could not make a withdraw.
He told me the company was merging with Sparkmarkets and that they were going to get regulated.
He tried to sell the long position off to another broker ( which is a lie).
All together i had lost 95,000 EUR to BinarySwiss. Their web site is no longer
up. www.sparkmarkets.com is the parent company and i'm sure this John Everhard
alias is scamming more clients. He said he was incharge of a 70 million
portfolio which i doubt is true.
No one is replying to my emails, on one is answering the phones. John
Everhard has disappeared on skype. My only hope is contacting the parent
company sparkmarkets but i doubt i will get my money back.
There is money in the account that i cannot get to . The terms and conditions
on their web site says “withdraw with a penality” or trade the required
volume. I can do neither as their web site is down. I'm sure now that
this is 100% a SCAM.
I will be contacting ASIC ( Regulator in Australia) about both BinarySwiss
and Sparkmarkets and a few other international regulators. I will also ask the
regulators to block both www.binaryswiss.com , www.sparkmarkets.com at the DNS
level.
Please DO NOT listen to anyone with the alias John Everhard or anyone from
BinarySwiss or Sparkmarkets. I don't want others to suffer as much as i did.
These are the actions of John Everhard and BinarySwiss:
* Lock customers out of their account after each trade expiry
* He rang the bank up using my identity
* Placing long trades without my permission
* They don't update their security certificate so the majority of their web
is broken
* Allow account managers access to customer accounts and to place trades
without permission.
* Offer financial advise without being qualified.
* Lying about withdraws
The last contact i had with them was via email on the 9th of May and this is
what they said:
"Your approach is being reviewed. You will be contacted soon."
( What does that even mean)
I have documentation on them , he even sent another customer details
to me which i thought was a breach of privacy.
New thread in the Scam Alerts Folder:
Review is submitted by tbpine on 10/30/17
The company was first contacted about the issue on 09/30/17 the last contact was on 10/11/17
Company representatives' emails: Sparkmarkets<support@sparkmarkets.com>
BinarySwiss<support@binaryswiss.com>
JohnEverhard<john.everhard@binaryswiss.com>
MichealCarter<michael.carter@binaryswiss.com>
