Kingdomforex do not pay

pippancs

Recruit
Messages
3
Warning.!!! ---www.kingdomforex.com--- don't answer on withdrawal requests.

I found this on the net:

---www.cftc.gov/ucm/groups/public/@lrenforcementactions/documents/legalpleading/enfkingdomcomplaint012611.pdf---

What does it mean ? Please explain it in a few words...

Thnx.
 

Pharaoh

Colonel
Messages
19,964
Kingdom Forex seems to be a US company with an address in Nevada and they accepted US clients. From the complaint, it looks like they failed to follow the requirement to register themselves and are in hot water with the CFTC.

You can go here and file a complaint with the CFTC:

Contact - CFTC
 

manneke

Private, 1st Class
Messages
38
I have the same problem with them, they don't reply and don't give the money back. Finaly I got an answer, they send part of the money and wrote that they do not get the money from the liquidity providers ! They will pay when they get it !
 

MichelAnge21

Sergeant
Messages
247
They already either:

1) Spent your money on luxury cars

2) Lost your money trading forex for themselves like idiots

3) Hid your money in offshore accounts
 

Pharaoh

Colonel
Messages
19,964
If any clients haven't contacted the CFTC yet, do it now.

They're in Nevada - there are lots of things to spend other people's money on in Nevada besides luxury cars.
;)
 
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