GUILTY Case# 2103-138 | lojina vs www.netotrade.com

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

  • Guilty

    Votes: 33 100.0%
  • Not Guilty

    Votes: 0 0.0%

  • Total voters
    33
  • Poll closed .

lojina

Private, 1st Class
Messages
62
Original FPA Traders Court Submission:

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

My Case is: My name is Lojina Mostafa and I have been trading with Netotrade under account No. 16385134 My problem started when I asked Netotrade to transfer USD 2500, then company refused to proceed with my withdrawal request and they did not reply any of my emails. After a while Hassan Abdel Latif called me from Netotrade introducing him self as my new account manager after company fired my ex account manager Aly Elkhaldy because he was a thief!!!!! Once Hassan recieved the account he started to open lost trades and ends it without my permission, he made me lose all my balance USD 40000 in one day!!!!!! I tried to contact the company and I reached the hardly after telling them that somy of my friends wants to trade in forex with them, as Hassan started these lost trades without my permission and ended it without my consent, they claimed that it was trading and that forex trading is very risky, then I replied that all these trades happened from your end just beacuse I started to submit withdrawal request now company refuses to reply my correspondences and I lost all of my initial investment USD 10000 and all of my profit USD 30000. luckily they made a huge mistake by stealing from my credit card without my permission and I already submitted a dispute form at my bank. I wonder how to escalate this matter as theغ stole money from my credit card and manipulated my account with out my authorization, noting that I searched over the internet and found aout that they are unregulated company and I know many victims for this company who have similar cases like mine and also submitted a dispute request at their banks . Does any one know how to deal with unregulated forex companies??

New thread in the Scam Alerts Folder:

Review is submitted by lojina on 10/08/13

The company was first contacted about the issue on 08/08/13 the last contact was on 10/07/13

Details: You lose your money because your account manager didn't know how to trade and we fire him

Company representatives' emails: Deborah Rodman <deborah.r@netotrade.com>
Hassan Abd El Latif <hassan.a@netotrade.com>
NasserYehia <NasserYehia@netotrade.com>

 

Attachments

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Yo AsstMod! Can you please assign case numbers? Also, I think this one can go straight to a formal invitation.

Lojina, if there isn't any action by NetoTrade soon, I think this one can move to the Open Cases folder sometime next week. That would mean it would go to a vote the following week.
 
Thank you pharaoh for your help

I already file acomplaint at econsumer.gov my reference # is 48792100.
 
Last edited:
I already submitted a dispute claim against*Netotrade*accusing them of stealing money from my credit card I know the exact location they are operating from ",Paz Tower, 11th Floor, St. are five, Ramat Gan,Eyal, Israel
Registration Number: 514560978.
I already make a complain in action fraud against*netotrade*and I hope they will take an action.
 
I have an email from NetoTrade claiming that your issue has been resolved. Is this correct?
 
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