GUILTY Case# 2018-091 | Htckns vs isgxchange.com

Based on the available evidence, do you believe ISGXchange.com is guilty?

  • Guilty

    Votes: 53 100.0%
  • Not guilty

    Votes: 0 0.0%

  • Total voters
    53
  • Poll closed .

Htckns

Private
Messages
26
These scammers are set up like a terrorist organization. Once you think that you have them by the throat, you have been following the wrong route and didn't find the right bank, payment services provider or anyone associated with the scamming company. All info on their web site is fictitious, as I have found with many of the company that I have had to deal with. If you can, find the trading platform that they used. I received my capital investment back by bullying them more than they bullied me. I didn't care, they called me names and I called them names back at them. I didn't and still don't care about their feelings and that they are going through bankruptcy. HAHAHA, no, the money is just hidden across the world. Get as nasty as you can with them back to them, email the leader of the country (yes, I did this with two countries) because dealing with the lower people do nothing and are pretty much useless. Presidents and Premiers of countries don't like to read emails from scammed people. Be a pit bull, I am still a pit bull and others are being pit bulls with me against the company that scammed us. GUILTY!!
Hi,

Thanks for your vote and few suggestions.

Maybe a daft question but is it possible to look through the website to find obvious leads? Like for example how to find out the platform provider?

I've already provided screen shot of the online account and different documents. To an experienced eye it might be a quick glance through the images/Doc structure to suggest few avenues to explore hence my question.
 

Htckns

Private
Messages
26
"account manager does not have time to speak as he is managing '200' other clients." He is not managing 200 other clients he is busy robbing 200 other clients!
Yes, you are a victim along with thousands of others, all falling for the same scam. Your money in your account was never there, it was just a number. You were betting against their Web Site NOT the real market. They have already stolen your money when you made the first deposit!! All they had to do is make it look like your money was lost due to bad trades and hope you will go away - but really it was just a simple software exercise to show all the money gone. GUILTY! These bandits are unregulated and operating illegally - they are just basically thieves on the internet.
Try and find others who have lost in the same way with this fraudulent broker and bring a joint claim against these scammers.
Hi,

Thanks for your reply. Few points to note.

1) I have a managed account where the company provides 'traders' to trade on my funds as per the terms of the account I sign up for. I've never traded at all on their website.

2) Surprisingly the account currently has net profit much higher than the total deposit put in till date. Maybe because they wanted to entice me to invest more and saw potential for additional investment hence the 'positive journey'.

3) with regards to find others and put a joint case do you have any suggestions on how to obtain information about the actual company location and the real owners behind it or real details of the employees? Any help/pointers are welcome. Happy to have a private conversation as well.
 

Abs1616

Corporal
Messages
72
Hi Abs1616,
Thanks for your reply. I've attached few documents as requested.
1) 'Corporate Fund Application form.pdf' - (available here )
2) 'CV' of account manager 'Marc Eklund' (Marc Eklund - Performance Summary.pdf) - (available here)
3) 'Withdrawal Form.pdf' - (available here)
4) 'Discretionary Account Terms.pdf' - terms of the engagement when I signed up for their services last year.
5) Various screen shots of the website - after loging into my account.
Please note, within the first month of opening the account - to test the withdrawal process and to build confidence - I had requested a withdrawal of £1800 pounds which was honored.
Also it is worth nothing that currently the net profit in the account is higher than the investment I've made till date - maybe because they wanted to 'show me the money' to get all available money they can.
Hello Htckns,
I am terribly sorry for the delay in responding to your queries, but I have been trying to gather as much information about your "broker" before getting back to you. What I will tell you is something shocking...

The people behind our brokers are the SAME!!!!! (Your guess was indeed correct, but I needed to research carefully and ask my colleagues for their input). Evidence for that? Well, there's plenty:
1) Both companies (e.g. Tradesprime, isgxchange and several others) are operated by Black Parrot Limited, a company registered offshore (Marshall Islands) ==> Please pay very close attention to "Marshall Islands" sounds familiar? Because it on one of your screenshots.

The Marshall Islands are located right in the Middle of the Pacific Ocean and any company registered there will have no regulation and no government agency can control their activities. In other words, they are free to do whatever they wish with our hard-earned money and trades. It gets worse because Black Parrot was operating the brutal fraudulent broker Vortex Assets which thankfully got closed down (because it was placed onto a chargeback monitoring program - I will post a link below explaining this).

2) The statement "Your credit card will be charged ISGXCHANGE" - This sends alarm bells. Why? Because this is exactly what is mentioned on Tradesprime, but with a different name of course. If you look at many other regulated brokers they will not have such a statement because there is little need for it. The reason why this statement is there to make it difficult to get your money back. [I will need to explain this privately].

3) These criminals offer the same "commissions" to encourage you to get other people to sign up so they too can have their money stolen. Tradesprime offers precisely the same thing.

4) My colleagues have managed to breakthrough their online barriers (as they were using a specialised service to hide their locations. We have found this website is based in following countries:
a) Russia
b) Albania
c) Germany
d) Poland
e) Italy
f) Estonia
g) Spain
What do all these countries have in common? It's simple. They are exactly the same countries that are associated with Tradesprime and several "brokers" that are associated with this scam. Coincidence? It's doubtful.

5) I have contacted the Financial Conduct Authority (FCA) about this broker and they told me that this "broker" is operating illegally and has been linked to the same IP address as Tradesprime and several other "brokers" or "investment scams and fraud".

My colleagues and I have found other pieces of information to prove that they linked under the same scam network. However, we have decided to keep them private for the time being while consider what course of action we should take.

So here's the list of fraudulent brokers that we need to be wary of:
1) Isgxchange
2) Tradesprime
3) Vortex Assets (closed down)
4) Umarkets
5) InvestMib
6) FxTrade777
7) DAX markets

Could you please tell me if the individual(s) you spoke to had either an Eastern European Accent or a Russian Accent? This is very important information for me. Do you have any telephone call recordings between you and these criminals?

Did these criminals ask you to sign an documents after you do a deposit to confirm it was you who authorised the transactions? If so, did you sign them? If you did receive them and have not yet sign them, then do NOT sign them :) Signing them is like signing a death warrant. Sorry to be blunt, but I just cannot stress the importance of this.

Have you reported your case to:
1) The Financial Conduct Authority (FCA)
2) Action Fraud
3) www.IC3.gov
4) Your bank?

Were all your deposits performed via debit/credit card?

I have attached some screenshots (some of it is in Italian unfortunately) to give you an idea of what my colleague is trying to do. The Consob is financial regulatory authority in Italy (so it is the Italian equivalent of FCA). The Consob has issued a severe warning, punishment and is required to cease all of its operations in Italy. The punishment is heavy fine (although I am not sure how much). We have been trying to progress further with the FCA however, they have not been very helpful. Mainly because of the lack of people reporting these criminals. Me and my colleagues can't achieve much unless others support us and our work. It is deeply disappointing that our threads have been largely ignored by the FPA (despite many of its users being scammed by the scam "brokers").

Please refer to the following links where I have posted substantial information about these criminals and it may be of use to you:
1) http://www.forexpeacearmy.com/community/threads/tradesprime-scam-review-avoid-it-all-costs.55691/
2) http://www.forexpeacearmy.com/community/threads/investmib-blonde-bear-ou.55637/
3) http://www.forexpeacearmy.com/commu...abs1616-vs-tradesprime-com.55766/#post-316775

As we have experienced fraud by the same people, then the above links should hopefully be the of use to you. Especially, these criminals tend to operate in the same way 'on the inside'.

By the way, starting from the 18th June I will be very busy for around 3 - 4 months, so I am unlikely to be of assistance during that time. If you would like further assistance then please contact me before then and I will do what I can to help :)

Best of Luck :)
 

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Abs1616

Corporal
Messages
72
Hi all. I am yet another victim of ISGxchange.

The information posted seems to been the exact same pattern that I have suffered. It is almost a year since i sent the first sum over. Everything is done to get as much money as possible from you. I was told to borrow money and do everything for a strategy that was going to finish by a set time. I have invested a significant sum ( six figures) and was told that I could get the invested sum back within a set date. This was extended and then extended again with a set date but again when I tried to withdraw I had a whole lot of problems with no communication, Nick Dixon being the one to confirm whether it was possible to withdraw as there was concerns over my deposits and the possibility of fraudulent activity - so they said. There was no communication for well over three months.

They pass you form pillar to post so you go around in circles.they are rude and dismissive so that you get fed up and you can almost hear them laughing at you in the background. i have begged and pleaded for the return of my money and what the consequences are to me and my family. it makes no difference. They don't want to know.

They have confirmed that I can get paid once I meet the corporate funds criteria of 30 times the amount. This is in contradiction to what I was originally told. They don't keep to their own terms and conditions. This is obviously a ploy just to hold on to your money.

I did not sign any terms and conditions or agreement and the corporate funds issue is not clearly set out. In the terms and conditions it says that they can change the terms at any time; so basically they can change their mind and still hold on to your funds even if you meet the criteria.

In order to prepare myself and the consequences on my family ( having to sell my home etc) Has anyone had any luck in getting any information on
who the director is?
where the actual office is?
actual name of company? bank accounts?
has any private action been successful?
has any one reported it to the police?
Has anyone had any significant money returned other than the small amount they allow when you test the waters?
I understand if you would prefer to give this information to me privately.

The names of Nick Dixon, Marc Eklund, Tim Maine are known but it is unclear if they are real. I have not had any profile information on anyone of these people that seem to relate to a real person. I have also had a few other names which I am happy to pass on, but again i don't think they are real.

Are people gathering together to see if there is any potential ability for legal action? or to identify them? or through the police?
Hello Irene,
I am terribly sorry to hear that. I have been scammed by a different "broker" run by the same people who are operating this extensive network. Me and my colleagues are currently gathering information about this scamming network and we are in the process of taking legal action against them.

I am going to try answer your questions:
1) To know who the director is nearly impossible. However, we believe that this is a relatively small group of people from Russia who are all working to steal money from us. Most of their locations have been traced to Russia (with a few other countries such as: Albania, Spain, Estonia, Italy, Germany, Poland and Serbia). We believe that the so-called "Lara Mancini", "Stefano Di Luca" and "William Winas" are the main criminals behind this criminal network. I put speech marks on their names because we know for a fact that these are not their real names.

2) We believe that their office is based somewhere in Russia as most of their locations have been traced there. Additionally, their first scams and targets were Russian investors. Even until today, many Russian traders and investors are targeted by the same network. One of my colleagues believe that another location exists in Estonia (as there are an increasing number of traces to Estonia).

3) Actual name of the company? Well, it's complicated. This network comes under a number of different scam and fraudulent "brokers". So there is no "actual name" just a number of scam websites to steal your money. The brokers that are linked to this scam, that are run by the same people include:
a) Tradesprime
b) Vortex Assets (which no longer exists)
c) InvestMib
d) Umarkets
e) DAX markets
f) FxTrade777

Bank accounts there are many so it is incredibly challenging to work out which is the one where your money is being kept. I am aware that Tradesprime has 4 bank accounts:
A) Fidor Bank (German Online Bank)
B) HSBC in Hong Kong
C) "KBH" in Denmark
D) A bank based in Estonia
I have attached a screenshot for the bank details of the German (Fidor) Bank. However, I need people like you to use this information to report this bank to the financial regulatory authority in Germany. I believe it is called: Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin). Also please make a report to European Banking Authority (EBA) in London, as this is linked to the EU. The behaviour of these scammers appears to show elements of 'money laundering' as these criminals have a nasty habit of moving money from place to place (using 'money mules' and stolen bank accounts). So please include this in your report.

4) I have attached screenshots were my colleague had successfully taken legal action against Tradesprime and FxTrade777 in Italy. The Italian financial regulatory authority in Italy (Consob) had issued a firm punishment (e.g. a fine), warning and is required to cease all activities in Italy. So yes, there has been success because of the effort that these people are putting in. We are working to achieve something similar to this in the UK. However, the FCA is reluctant to take the matter seriously, as there "insufficient complaints" about these scammers. So we need people like you to report them to the FCA. Please mention all the names of the "brokers" I have mentioned in the list above in your report and say that they are linked and run by the same people.

5) You can go to police. However, the problem is that these "brokers" are not regulated to there is nothing much the police can do, unless many people complain about this being a major issue. You can contact 'Action Fraud' and obtain a crime reference number from them. However, there's not much we can at this angle I am afraid. The police are just too busy.

6) The only way you can get a substantial amount of money is by issuing a chargeback through your bank. There is no such thing as a withdrawal with these criminals. The only way you can get your money back is through chargebacks. Pathetic. Absolutely pathetic. I had invested £4000 into Tradesprime (because my friend, who introduced me to the company advised to invest more in order to increase profits - back then I was naive and economically/financially illiterate, but that's changed a lot since then). I managed to recover about £1300 in chargebacks (under the terms "Goods and Services NOT provided, because you cannot withdraw). I am still waiting for the remaining £2700, but it will be miracle if I get this back. I would say take screenshots of all your emails and withdrawal requests and put them onto a file to give to your bank.

The following links maybe of use to you (as we are dealing with the same people):
1) http://www.forexpeacearmy.com/community/threads/tradesprime-scam-review-avoid-it-all-costs.55691/
2) http://www.forexpeacearmy.com/community/threads/investmib-blonde-bear-ou.55637/
3) http://www.forexpeacearmy.com/commu...abs1616-vs-tradesprime-com.55766/#post-316775

I am terribly sorry for just answering your message now, however I hope you that I have managed to give you a greater insight of what is going to behind these curtains. This information was not easy to collect and I would greatly appreciate it, if you could please report them (as how I mentioned) and update us here to see how its going.

Best of Luck :)
 

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Abs1616

Corporal
Messages
72
NEW UPDATE!

My colleagues have discovered more scam "brokers" have been that are linked to the same scam which are: Tradedex, Trade111, Tradex1 and Market GBP.

So the new list of scam "brokers" that are associated with the same scam that are run by the same people based in Russia are as follows;
1) Tradesprime
2) InvestMib
3) Isgxchange
4) Vortex Assets (which no longer exists)
5) DAX Markets
6) FX Trade 777
7) Umarkets
8) Tradedax (https://www.tradedax.com/)
9) Trade 111 (https://www.trade111.com/)
10) Tradex1 (https://www.tradex1.com/)
11) Market GBP (www.marketgbp.com)

The 11 names above are all SCAMS and are operating illegally throughout the globe. Do NOT sign up and do NOT pay! The links are there to give you an idea of what the website structures look like and how their similarities compare. At first glance, you might not see it, but closer analysis and examination will reveal striking similarities. This just goes to show you that this is a scam network that has clearly been operating illegally for the past decade. It is clear that these criminals know very well what they are doing.

Attached to this post is some evidence that these companies are indeed linked. The Italian Financial Regulator has issued several warnings against: "Black Parrot Ltd" and "Blonde Bear OU". All of the companies mentioned above fall under one of these two companies.

Be careful everyone.
 

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Abs1616

Corporal
Messages
72
Wow Abs1616, you have some incredible abilities to dig into and find information. Hats off to you my good sir!!
Many thanks my friend :)

To find all this information and make it public on Forex Peace Army (FPA) is truly very humbling. It has been a pleasure communicating with such diligent, like-minded and courteous individuals on this forum :)

We will make sure we learn from this incident, become profitable traders, safeguard others and above all bring those scammers to justice. Long Live Forex Peace Army :)
 

mbreitfelder

1st Lieutenant
Messages
622
Many thanks my friend :)

To find all this information and make it public on Forex Peace Army (FPA) is truly very humbling. It has been a pleasure communicating with such diligent, like-minded and courteous individuals on this forum :)

We will make sure we learn from this incident, become profitable traders, safeguard others and above all bring those scammers to justice. Long Live Forex Peace Army :)

Yes, exactly. My case is over 2 years old but we STILL have put bulls out there supplying incredible information. WE DO NOT STOP!! Great work, very impressive!!
 

Abs1616

Corporal
Messages
72
NEW UPDATE!

My colleagues and I have uncovered yet another 2 scam "brokers" that are linked to the same scam network run by the same people. We have managed to establish links between the 'company' Blonde Bear OU (which owns and operates the 11 "brokers" mentioned previously as well as Black Parrot Limited). I wonder how many more scam "brokers" we will find that are linked to the same scam network? These 2 brokers are: CAC400 and Mib700.

So the updated list of these scam "brokers" which belong to the same scam are:
1) Tradesprime
2) InvestMib
3) ISGXchange
4) Umarkets
5) FxTrade777
6) Vortex Assets (which no longer exists)
7) DAX Markets
8) Tradedax (https://www.tradedax.com/)
9) Trade 111 (https://www.trade111.com/)
10) Tradex1 (https://www.tradex1.com/)
11) Market GBP (www.marketgbp.com)
12) CAC40 (www.cac400.com)
13) Mib700 (www.mib700.com)

These 13 "brokers" are all part of the same scam. Whatever you do, you must NOT sign up or pay or single penny. Because:
A) You will never see it again
B) They have all your personal information on file and these criminals have been associated with identify theft in the past
C) You are only helping these criminals last longer than they should (they have been able to last for the past decade)

Below are some links which effectively prove that these scam "brokers" are linked:
1) https://atozmarkets.com/news/latest-italy-consob-warning-unauthorized-firms/
2) https://www.globalinvestoralerts.org/blonde_bear_ou_trade111.shtml
3) https://www.globalinvestoralerts.org/blonde_bear_ou_trades_prime.shtml
4) http://www.consob.it/web/consob-and...ti/english/entutela/cns/2017/enct20171106.htm
5) https://www.forexbrokerz.com/news/C...-against-several-forex-binary-options-brokers
6) http://www.consob.it/web/consob-and-its-activities/warnings?viewId=ultime_com_tutela

Best of Luck everyone. If I find anything new, then I will be sure to post it up here :)
 
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