Latest Victim of CT Option

DavidC

Recruit
Messages
15
Hello FPA Community,
It seems like when you don't look for something, you find it! I am glad I found your site I just wish it was last year before I started losing money to CT Option. Let me tell you about my stupidity and how I fell for this company. I had been a class A truck driver for 11 years until my left leg "gave out." I had many emergency room visits to find out what was wrong. Long story short, after many tests I was diagnosed with Multiple Sclerosis that was September of 2014. My whole world turned upside down! I am not ashamed to say that I was ignorant about the disease, even though I knew some people that have it, I was one of the many people that thought I could never get such a disease. So know I had to report it to the doctor that did my physical. If you are not aware, every 2 years you have to be cleared by a doctor to show that you are capable of driving large trucks. Needless to say, any type of brain injury or disease is an automatic disqualifier. Like most people in the USA, I was living paycheck to paycheck so I was just lost. Then the same year my grandfather died, even more pain. He left me a modest inheritance, that I have been able to live off of until now but CT Option helped clear my funds out faster. I do not know if it was just hope or a belief that they were just a reputable company, but I fell hook, line and sinker! I actually thought I was being smart because I could not work anymore and I have always like to become a trader. I am not one for traditional stocks because I know times have changed and it is hard to invest in a company and just let your stocks slowly gain. So I started trading with CT Option in January of 2015 and it was exciting, especially when I made big gains! However, after losing 3k, I equated binary options to a casino and thought that the house always wins. I realize now that is just how many brokers with fraudulent mindsets. I stopped trading for about a month or two, then started back because I learned some new techniques. They did not help, I lost even more money. I lost another 7k or more and I was done, until "Fred Adams" convinced me to buy into a managed account. He told me if I invested 10k they would do all the trading for me. He also slipped a 10k bonus without telling me to read the terms and give my approval. So I was still ignorant, I looked at my account it was 22k and went up to 24k. I was thinking after 90 days, I could recover all the money I lost. Not so, I requested just to withdraw 5k and was ignored. Then I noticed my account started rapidly losing money and I enquired the reason. They told me my account was connected to an auto trading software, which I was never told about. So at this point I am furious and requested my account to be closed and just get my money back. Then they hit me with the bomb shell, they said I could not withdraw funds or close my account until it reached 15k x 30, which is 450k. They told me to revert to the bonus policy which I never gave consent, they just did it. I also asked them why it is 15k x 30 and they added 10k? They said they would look into it and get back to me which they never did! I tried to log in my account but I am denied. I even did the forgot password link and still could not get in. The last time I checked my account was at $9562usd. All I want is that, I will accept losing the other 10k but they cannot even do that! I need help that is why I am telling my story. Hoping that someone can just direct me to get even some money back. I filed a fraud claim at my bank but that is really a. long shot because I used my debit card for most tractions. Also the 10k was through wire, so I know there is no hope with that. Any help I can get would be much appreciated. The good news is I am back to good health. God has healed me and I got my class A CDL back so I can work again! 2 years with no relapses!
 
Thank you FXMaster and Pharoah. I have don what you guys suggested. I have also emailed the U.S. Department of State. I was going to post the email I got from them but.....They just told me it could be something the FBI could look into so I emailed them. I will let you guys know of any new developments. Thanks again.
 
Thank you FXMaster and Pharoah. I have don what you guys suggested. I have also emailed the U.S. Department of State. I was going to post the email I got from them but.....They just told me it could be something the FBI could look into so I emailed them. I will let you guys know of any new developments. Thanks again.
Your most welcome and keep us updated about your case.
 
FXMaster,
Is there anything else I can do? Sorry, I know it's only been a month but I am really hurting financially because of this situation. I have not received any messages from the CFTC or FBI. I do feel like it's mostly my fault for not doing thorough research on CT Option. I only did a Google search and they received good ratings on a few sites.
 
FXMaster,
Is there anything else I can do? Sorry, I know it's only been a month but I am really hurting financially because of this situation. I have not received any messages from the CFTC or FBI. I do feel like it's mostly my fault for not doing thorough research on CT Option. I only did a Google search and they received good ratings on a few sites.
It will be if you can go with FPA traders court case.
 
Go ahead and send CTOption an invitation to this thread. Include the link to this thread and send it to every email address you can find for them.

Don't invite them to your Traders Court thread. Only you and a handful of people can see it. Post here and in Traders Court once you've sent the invitation and follow that up a few days later with info on whether or not they bothered to get back to you.

Check your Traders Court thread every couple of days. Once the vote starts, check it every day.
 
Go ahead and send CTOption an invitation to this thread. Include the link to this thread and send it to every email address you can find for them.

Don't invite them to your Traders Court thread. Only you and a handful of people can see it. Post here and in Traders Court once you've sent the invitation and follow that up a few days later with info on whether or not they bothered to get back to you.

Check your Traders Court thread every couple of days. Once the vote starts, check it every day.

Thanks Pharaoh I did as you suggested and I have not heard or seen anything from them. A day before I got an email from Zachary Oconner who claimed to be the senior account manager, and I definitely sent him an invite...no reply.
 
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