Libramarkets.com SCAM

PetraVL

Recruit
Messages
1
I invested money in Libramarkets. I invested around 65,000 euros.

They traded instead me, and they told me that they know what are doing, and after that I wanted to withdrawal my money they asked me to deposit more money and after that they will proceed my withdrawal request.
When I did not wanted to deposit anymore they informed me that I lost all my money (more then 65,000 euros). I wanted to see my account but everything is blocked and no one is answering. I have a lot of proofs. I need help, I need good lawyer because this is something that is serious crime.
Now I am looking for options to recover money. I tried to contact them no one did not help me. I tried to find more details about them and I was not able to find it. They accepted payments via bitcoin exchanges.
 

FxMaster

Lt. Colonel
Messages
9,534
I invested money in Libramarkets. I invested around 65,000 euros.

They traded instead me, and they told me that they know what are doing, and after that I wanted to withdrawal my money they asked me to deposit more money and after that they will proceed my withdrawal request.
When I did not wanted to deposit anymore they informed me that I lost all my money (more then 65,000 euros). I wanted to see my account but everything is blocked and no one is answering. I have a lot of proofs. I need help, I need good lawyer because this is something that is serious crime.
Now I am looking for options to recover money. I tried to contact them no one did not help me. I tried to find more details about them and I was not able to find it. They accepted payments via bitcoin exchanges.
Few basic questions,

First all how you get in touch with them?

Why you risked with such a huge amount?

What was your initial deposit?

And how you deposited the money?
 

4evermaat

2nd Lieutenant
Messages
1,965
can you attach some of your proofs? Starting with the proof you had 65000 EUR. And emails/chats showing they were trading for you.

I took a quick look at their website.....no regulation and they seem to hide their address. It is only when you look carefully at their terms of service, they might be in Estonia.

People seem to be in a hurry to indulge their gambling impulse.
 

Scam Reporters

Master Sergeant
Messages
318
Hello PetraVL, sorry to see this. It's a fairly large amount you lost, indeed. Please give us details here - workflow of a scam, doc's if possible, representatives names and emails etc...

Unfortunately, you did not visit FPA or any other review on Libramarkets before putting your money with them:
https://theforexreview.com/2019/04/03/libramarkets-review/
https://theforexreview.com/2019/06/13/olympiamarkets-review/

Libramarkets is a scam brand, one of several, operated nominally via Estonian Yield Enterprise Currency Software OU link, nominee (monkey) director is Bulgarian guy Petar Borislavov Zlatkov.
More on him here: https://fintelegram.com/tag/petar-borislavov-zlatkov/ (very detailed).

You fell victim to operators of the following scams: biggest one UproFX https://uprofx.com, KayaFX, KontoFX, Olympia Markets, Tradorax, ProuFX... Can't really tell which one is the worst.

1605208056174.png


What can you possibly do:

1. Here https://libramarkets.com/legal/terms-conditions/?lang=en#/ as stated: 'All disputes arising out of or in connection with these Terms shall be finally settled by arbitration in accordance with the Rules of the Arbitration Court of the Estonian Chamber of Commerce and Industry'
You can try them as Yield Enterprise Currency Software OU is a registered Estonian legal entity, but it's a slim chance. Nevertheless, be aware of that option.

2. If you hold sound proof of a scam, go to your police (you are in Croatia right?) and also file complaint with country financial regulator HANFA though they can't help much as it is not in their jurisdiction. Be aware of HANFA warning on Libramarkets specifically: warning. HANFA warns of another one, Glob-Markets, equally scamming as others (quite possible ties to the same group, work in progress, so can't tell for sure now).

3. Petar Borislavov Zlatkov holds another company in Estonia - NTMT Transformatic Markets OÜ that operated KontoFX scam, that was heavilly chased by the police all over EU, see here link
1605208332276.png
So, makes sense to contact Estonian police as well, directly or via your local law enforcement.

Keep us posted please!
 

FPA Forums Team

Caution: Moderators at Work
Messages
350
The FPA invited the Original Poster to update this discussion on Nov 15, 2020 at 12:50 PM
 
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