MFXBroker - New Era of Social Trading & Investments!

Pharaoh

Colonel
Messages
20,181
Dear Members Of FPA,

Firstly I think we should all congratulate "Pharaoh" for his hard work and persistence with such a scam broker. Of course thanks also to "AsstModerator". My reason for my post, is not to make people who invested into this scam feel worse, but please when people from the FPA & its members warn you of any untoward occurring, then please take heed. I know the scammers sound professional, but like the old saying goes "Anything That Sounds Too Good To Be True, Usually Is".

If you are not sure if you are doing the correct thing, then ask, as there are far more honest members of the FPA, than representatives or fake ones of any broker etc.

The whole point of this forum is to help and advise, and when the people who got scammed did get scammed, why did they not take on board all the great posts via the FPA. Naturally the people who did get scammed may of been involved before they heard of any untoward going on, but sadly I bet some still went ahead, when this "Thread" first started and that is a sad fact.

Listen to the FPA, and stay safe and sorry for those who did fall victim, as I am NOT out to ridicule your losses.

Stay safe and all the best to all at FPA & its members.

Stephen Smith.

If you think this thread is bad, check some of the other Ponzi threads I've posted in. I get accused of all sorts of things and told what an idiot I am for doubting the free money supply, until the scheme collapses or is shut down by regulators.

Based on the timing, I think the people behind MFX were starting to lose money and decided a Ponzi was the best way to pad their retirement golden parachutes. Considering he's turned up working for another broker, I guess MFX's main spokeweasel (who kept defending the scam) wasn't given a cut of the money from the crimes he so actively claimed were legitimate investments. His posts in this thread show that he was either abysmally stupid enough to believe the Ponzi was real or wholeheartedly evil enough to chose to look the other way knowing it would cost victims a lot of money. Either way, his actions show that he's either too ignorant of how investments work to be trusted regarding financial matters or too unethical to be trusted for anything.
 

richard56

Recruit
Messages
23
Well many thanks for yr info.
But jusrisdiction tells you a lot:--->
  • Website: mfxbroker.com (currently down)
  • Year since: 2006
  • Headquarters: St.Petersburg, Russia
  • Company registration: MFX Broker Inc. (reg. #109705), Belize
  • Regulation: IFSC Belize (license IFSC/60/216/BCA/12)
Avoid any jurisdications in financial matters like Eastern bloc countries, Caribean countries, Seychellen and the like.
They are nice for holidays only but that's it.
Stick to regulated countries like UK, Germany, Switzerland, US, Canada or Australia only.
 

FXBO

Recruit
Messages
13
If you think this thread is bad, check some of the other Ponzi threads I've posted in. I get accused of all sorts of things and told what an idiot I am for doubting the free money supply, until the scheme collapses or is shut down by regulators.

Based on the timing, I think the people behind MFX were starting to lose money and decided a Ponzi was the best way to pad their retirement golden parachutes. Considering he's turned up working for another broker, I guess MFX's main spokeweasel (who kept defending the scam) wasn't given a cut of the money from the crimes he so actively claimed were legitimate investments. His posts in this thread show that he was either abysmally stupid enough to believe the Ponzi was real or wholeheartedly evil enough to chose to look the other way knowing it would cost victims a lot of money. Either way, his actions show that he's either too ignorant of how investments work to be trusted regarding financial matters or too unethical to be trusted for anything.

Hi Pharaoh,

I wholeheartedly agree with all you have said / stated about this topic and while "Joh" seems my last post was over the top, I still stick via my words, even if I went on a bit.

Keep up the good work Pharaoh and by the way Joh, I remember when HYIP's where in the 10,000's and honest people lost dearly and what a shame it has come back to haunt us in the disguise of "Brokerages".

Stephen Smith.
 
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