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Kingdomforex do not pay

Discussion in 'Scam Alerts' started by pippancs, Apr 18, 2011.

  1. pippancs

    pippancs Recruit

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    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.
     
  2. Pharaoh

    Pharaoh Colonel

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    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
     
  3. manneke

    manneke Private, 1st Class

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    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 !
     
  4. MichelAnge21

    MichelAnge21 Sergeant

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    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
     
  5. Pharaoh

    Pharaoh Colonel

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    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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