Separate thread. Each case needs its own scam thread. Ideally, your friend would post himself. But if you post for someone else, you would need to make sure you include the other persons first name + account number + trading history statement that can prove it is a different person.
Donations are voluntary of course. Senior FPA staff consume a lot of time to help resolve cases. Your friend deposited several hundred thousand $$USD with someone that he did not carefully study their business model. Even in your home country, suppose you gave 1 million Chinese yuan + to a well-dressed stranger who then ran off with the money. Would the local government help you?
In my humble opinion, you should also consider making voluntary donation to @FxMaster and @4evermaat.
or
if you can hire a lawyer such as:
It looks like you've been scammed. Are you going to help the scammers or fight back?
It looks like you've been scammed. Are you going to help the scammers or fight back? Table of Contents Introduction Steps Before Reporting a Scam Step One Step Two Step Three Where to complain by type of scam Forex Brokers (and crypto brokers) Binary Options Pig Slaughter/Romance scammers...www.forexpeacearmy.com
It depends on several things. FPA does their best to bring the attention to credible issues. It is up to the broker to value their reputation. You must read https://www.forexpeacearmy.com/community/threads/new-traders-court.58022/ for a better understand of how this process works. No guarantees.
I hope I have provided you honest information.
Hello, how much do I need to donate?
How likely is my funds to come back? Thank you