My Magnum Options problem

songo16961

Recruit
Messages
5
Hi anybody can help me.

I invested £25000 in Magnum Options in Janaury 2017 with the offer of a 100% bonus and to get great returns in 6 month period.

I knew nothing about trading and foolishly let my assigned account manager convince me to do the investment and recommended to place some trade. At the start I deposited £200 but he told me I must invest £25,000 to see good results. She also used all the sales techniques possible and put me under pressure so I ended investing £25,000 and persuaded to sign a bonus 100%.

I was quite naive , after signing rechecked the T&C's and there was a condition to be able to make withdraws of money after I traded 40 time the bonus.

Well I decided to take the challenge as I was already tied up. Investments started well but I felt the volume traded was minimum so I would pass years to get to the 40 times trade mark to be able to touch my money. in parallel the account manager insisted I should put more money in that I refused and then I started to be mislead and get long term trades recommendations that started to loose strongly.

I ended up requesting change of Account manager and ended doing short term trading strategies to trade volume at a high risk.

The strategy of volume worked as I managed to reach the volume traded and got to the point to be able to ask for a withdraw.

That was something that also I was mislead and I discovered that the withdraws can only be done weekly on £2,000 amounts per clarification fro the chat and in some general T&C's that were on the web that I did not sign for.

I asked clarification on the support center email but they never answered.

Last week May 18 I got an email from the accounting department indicating the withdraw was rejected.

I panicked ans started searching webpages related to scams and found many claims with similar history so i basically in my mind was giving up.

Never the less kept sending emails to accounting and support service with no answer at all.

Also talked to the chat service, what are very attentive but they don't have any answer so it nul to resolve, look the chat service is just there to give more time for them to mange your money.

I also tried to do another withdraw that the request was accepted and is in process today but I would expect as last week get rejected.

Also sent email to the account manager and at the beginning did not answer but suddenly he called me on Friday May19th like nothing was happening, did congratulate me because I managed to complete the trading volume although loosing from the original investment like 20%, i he saw I had made a withdrawals request. I explained him how I felt and the situation ongoing and no answer but he said wait next week as I have done all correct. Also we agreed to do a training session on Tuesday 23rd.

As i have read already many cases as mined I feel I am heady the same way as others and that i will not see my money back if i don't take action before they totally block me.

I have kept the channel open. But fear the account manager will disappear soon as accounting and support services never answer and other account managers I talked before never answered.

By the way the account manager I got now is named in this exchange Aaron Phillips so it has clicked my that this site is where I need to get the help.

I have seen recommendations to contact Rebecca at Winchargeback and or the law firm Giambrone as they are specialists in this kind of thing. by the way how much do they charge or take as commission?

Also have seen recommendations to contact my bank to try a charge back.

Can any of you please provide any further guidance of what should I do?

Shall I wait this week to see if t get a positive withdraw and to talk to the account manager? Or shall i just start contacting the recommended specialists?

Appreciate any recommendation in my case.

Thanks

Alfredo
 
Good day

I am so sorry to hear of your mishap. Aaron Phillips will not make you money. He was my manager at some point as well and never made me a dime but tried to empty my account. I tried Winchargeback back but they referred me to the Giambrone law firm because of the time that has lapsed since my last deposit that made it impossible for them to implement the charge back through the VISA card company. Giambrone has a retainer fee of £1800 and a percentage of the recovered funds once they succeed in recovering your funds.

As for me I need to now raise that retainer fee in order to give Giambone an instruction to go ahead. I hope this helps a bit.

Thank you,
Nolubabalo
 
Good day

I am so sorry to hear of your mishap. Aaron Phillips will not make you money. He was my manager at some point as well and never made me a dime but tried to empty my account. I tried Winchargeback back but they referred me to the Giambrone law firm because of the time that has lapsed since my last deposit that made it impossible for them to implement the charge back through the VISA card company. Giambrone has a retainer fee of £1800 and a percentage of the recovered funds once they succeed in recovering your funds.

As for me I need to now raise that retainer fee in order to give Giambone an instruction to go ahead. I hope this helps a bit.

Thank you,
Nolubabalo


Thanks for the quick reply Nolubabalo

Do you think I have chance with Winchargeback? I made my deposits on January a bit more than 4 month.

So I understand you havent given the fee to Giambone? So you havent completed to sort out your case??

Definiively Aaaron dint make me gain any money but did help me to trade the volume. Did you dealt with a guy called Grabriel Marquez??

From Ariel 18 seems he managed to get something back.

Do you have an email for Winchargeback? Do you suggest I contact my bank directly?

Thanks again and appreciate any additional feedback you can provide of your experience so far.

Alfredo
 
For anyone victimized by any binary options company, I've got a list of places to complain and a few other actions in the 2nd post on this page:

https://www.forexpeacearmy.com/community/threads/the-fbi-warns-about-binary-options-fraud.49660/

Beyond that, it comes down to the individual details. For example, if someone lost $5000, I hope there's a class action lawsuit, because a direct one will likely cost more than that.

Since your case is recent and involves 25000 GBP, if that was by credit card, you can try a DIY chargeback or else you can ask WinChargeback for help. Either way, do it as soon as possible. There are deadlines which seem to vary quite a bit. If you miss the deadline, there are no extensions. If this isn't an option or if it fails, some lawyers will take a case that size.
 
Hi anybody can help me.

I invested £25000 in Magnum Options in Janaury 2017 with the offer of a 100% bonus and to get great returns in 6 month period.

I knew nothing about trading and foolishly let my assigned account manager convince me to do the investment and recommended to place some trade. At the start I deposited £200 but he told me I must invest £25,000 to see good results. She also used all the sales techniques possible and put me under pressure so I ended investing £25,000 and persuaded to sign a bonus 100%.

I was quite naive , after signing rechecked the T&C's and there was a condition to be able to make withdraws of money after I traded 40 time the bonus.

Well I decided to take the challenge as I was already tied up. Investments started well but I felt the volume traded was minimum so I would pass years to get to the 40 times trade mark to be able to touch my money. in parallel the account manager insisted I should put more money in that I refused and then I started to be mislead and get long term trades recommendations that started to loose strongly.

I ended up requesting change of Account manager and ended doing short term trading strategies to trade volume at a high risk.

The strategy of volume worked as I managed to reach the volume traded and got to the point to be able to ask for a withdraw.

That was something that also I was mislead and I discovered that the withdraws can only be done weekly on £2,000 amounts per clarification fro the chat and in some general T&C's that were on the web that I did not sign for.

I asked clarification on the support center email but they never answered.

Last week May 18 I got an email from the accounting department indicating the withdraw was rejected.

I panicked ans started searching webpages related to scams and found many claims with similar history so i basically in my mind was giving up.

Never the less kept sending emails to accounting and support service with no answer at all.

Also talked to the chat service, what are very attentive but they don't have any answer so it nul to resolve, look the chat service is just there to give more time for them to mange your money.

I also tried to do another withdraw that the request was accepted and is in process today but I would expect as last week get rejected.

Also sent email to the account manager and at the beginning did not answer but suddenly he called me on Friday May19th like nothing was happening, did congratulate me because I managed to complete the trading volume although loosing from the original investment like 20%, i he saw I had made a withdrawals request. I explained him how I felt and the situation ongoing and no answer but he said wait next week as I have done all correct. Also we agreed to do a training session on Tuesday 23rd.

As i have read already many cases as mined I feel I am heady the same way as others and that i will not see my money back if i don't take action before they totally block me.

I have kept the channel open. But fear the account manager will disappear soon as accounting and support services never answer and other account managers I talked before never answered.

By the way the account manager I got now is named in this exchange Aaron Phillips so it has clicked my that this site is where I need to get the help.

I have seen recommendations to contact Rebecca at Winchargeback and or the law firm Giambrone as they are specialists in this kind of thing. by the way how much do they charge or take as commission?

Also have seen recommendations to contact my bank to try a charge back.

Can any of you please provide any further guidance of what should I do?

Shall I wait this week to see if t get a positive withdraw and to talk to the account manager? Or shall i just start contacting the recommended specialists?

Appreciate any recommendation in my case.

Thanks

Alfredo

****TARDS SCAMMED ME TOO, DONT WAIT CHARGEBACK ON THEM AND IF IT DOESNT WORK GO FOR BIRMAN LAW THEY CAN GET YOU YOU'RE $$$$ BACK BUT IT TOOK SOME MONTHS.
 
Hi
I have kept the channel open. But fear the account manager will disappear soon as accounting and support services never answer and other account managers I talked before never answered.

By the way the account manager I got now is named in this exchange Aaron Phillips so it has clicked my that this site is where I need to get the help.

I have seen recommendations to contact Rebecca at Winchargeback and or the law firm Giambrone as they are specialists in this kind of thing. by the way how much do they charge or take as commission?

Also have seen recommendations to contact my bank to try a charge back.

Can any of you please provide any further guidance of what should I do?

Shall I wait this week to see if t get a positive withdraw and to talk to the account manager? Or shall i just start contacting the recommended specialists?

Appreciate any recommendation in my case.

Thanks

Alfredo[/QUOTE]
Hi anybody can help me.

I invested £25000 in Magnum Options in Janaury 2017 with the offer of a 100% bonus and to get great returns in 6 month period.

I knew nothing about trading and foolishly let my assigned account manager convince me to do the investment and recommended to place some trade. At the start I deposited £200 but he told me I must invest £25,000 to see good results. She also used all the sales techniques possible and put me under pressure so I ended investing £25,000 and persuaded to sign a bonus 100%.

I was quite naive , after signing rechecked the T&C's and there was a condition to be able to make withdraws of money after I traded 40 time the bonus.

Well I decided to take the challenge as I was already tied up. Investments started well but I felt the volume traded was minimum so I would pass years to get to the 40 times trade mark to be able to touch my money. in parallel the account manager insisted I should put more money in that I refused and then I started to be mislead and get long term trades recommendations that started to loose strongly.

I ended up requesting change of Account manager and ended doing short term trading strategies to trade volume at a high risk.

The strategy of volume worked as I managed to reach the volume traded and got to the point to be able to ask for a withdraw.

That was something that also I was mislead and I discovered that the withdraws can only be done weekly on £2,000 amounts per clarification fro the chat and in some general T&C's that were on the web that I did not sign for.

I asked clarification on the support center email but they never answered.

Last week May 18 I got an email from the accounting department indicating the withdraw was rejected.

I panicked ans started searching webpages related to scams and found many claims with similar history so i basically in my mind was giving up.

Never the less kept sending emails to accounting and support service with no answer at all.

Also talked to the chat service, what are very attentive but they don't have any answer so it nul to resolve, look the chat service is just there to give more time for them to mange your money.

I also tried to do another withdraw that the request was accepted and is in process today but I would expect as last week get rejected.

Also sent email to the account manager and at the beginning did not answer but suddenly he called me on Friday May19th like nothing was happening, did congratulate me because I managed to complete the trading volume although loosing from the original investment like 20%, i he saw I had made a withdrawals request. I explained him how I felt and the situation ongoing and no answer but he said wait next week as I have done all correct. Also we agreed to do a training session on Tuesday 23rd.

As i have read already many cases as mined I feel I am heady the same way as others and that i will not see my money back if i don't take action before they totally block me.

I have kept the channel open. But fear the account manager will disappear soon as accounting and support services never answer and other account managers I talked before never answered.

By the way the account manager I got now is named in this exchange Aaron Phillips so it has clicked my that this site is where I need to get the help.

I have seen recommendations to contact Rebecca at Winchargeback and or the law firm Giambrone as they are specialists in this kind of thing. by the way how much do they charge or take as commission?

Also have seen recommendations to contact my bank to try a charge back.

Can any of you please provide any further guidance of what should I do?

Shall I wait this week to see if t get a positive withdraw and to talk to the account manager? Or shall i just start contacting the recommended specialists?

Appreciate any recommendation in my case.

Thanks

Alfredo
I'm from Canada, Also I faced exactly the same process, I started by investing $250. My account manager was Gary Tricket, he put me under pressure and he said I can get 80% back during the black Friday just during two weeks of time so I ended investing $8000. After that he keep asking me to invest more for Christmas and new year. I refuse to invest more. Suddenly he just disappear and his email is no longer working, I panicked and call their phone in their website I left message also on their live chat asking what happen I couldn't contact my account manager. after two days some one called me and and told me that Mr Gary left the company and your new account manager is Olivia Carlton! at that time I have more than $33000 in my account. When I asked her I want to withdraw from my account she said you can't do that till you trade amount of @140,000. Because I receive amount of $750 from the company! I just understand that there is no any way to get my money! Now when I try to access my account I found that the company's website is no longer exist.
 
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