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My problem with Algotechs and BeAlgo

Discussion in 'Scam Alerts' started by ayoafenks, Apr 8, 2019.

  1. ayoafenks

    ayoafenks Private

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    Algotechs and Bealgo are a big SCAM!! Do NOT make the mistake of investing with them! They are the ultimate scam artist. They let you make a few small withdraw but as soon as you want to make a big withdraw they start popping up huge "fake" trades and lots size with big leverage that run your account to huge negative so that you can't make a withdraw.


    TODAY they played the final end game and ran my account to zero (negative balance)!! and the Robot stopped trading! Yesterday night (strange as it was a sunday and Forex market is supposed to be closed) my account that they have been running on huge negatives suddenly closed all the trades and all balance went to zero (negative balance) and stopped trading!.


    All this started as soon as said i wanted to make a withdraw. Then Bealgo and Algotechs (Shon Copper) started coming up with different excuses and delay tactics. They dont pick up my calls and you get sent to an automatic answering machine playing music. They say the account is supposed to be mirrored and everyone is supposed to have the same trades (different lot size) but its a lie! A friend of mine that i introduced has a different action on his account as his account (also with the huge negative) is still trading and did not go to zero and shut down. While someone in Dubai i just spoke to also had the strange action last night that his account with to zero (negative balance) and stopped trading too.


    We need to form a group to stop this guys and recover our money (if still possible). Did anyone have the same incident happened to their account? Pls let me know and lets form a whatsapp group or something. Let’s coordinate together now before they scam more people and they shut down (i suspect they may shut down very soon and run away with the money). We can still stop the banks now before its too late. My deposit was make to Upaycard (a UK registered 3rd part financial/payment company) . We can still get UpayCard to lock down any money of Algotechs they have or at least stop them from helping them as a 3rd party payment company.
     
    JuliaMarkus6 and Demis28 like this.
  2. oscarra

    oscarra 2nd Lieutenant

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  3. Demis28

    Demis28 Recruit

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    I had the same problem on Sunday 21:22pm all my money came to negative while market was still closed.I tried to reach the manager(Shon cooper)on Monday morning but hopeless,after that without losing time i contacted payback-ltd and talked with secretary.She told they had same experiences before,now i am waiting to reclaim my money Screenshot_2019-04-09-22-32-22. Screenshot_2019-04-09-22-32-30.
     
  4. Jugendbuch

    Jugendbuch Recruit

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    Same with me! Let's WhatsApp!
     
    Arj1234 likes this.
  5. JuliaMarkus6

    JuliaMarkus6 Recruit

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    Same case for me, all trades closed in the negative on Sunday night with my account ending in negative.
     
    Arj1234 likes this.
  6. Arj1234

    Arj1234 Recruit

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    Hi All,

    is Whatsapp group already created?
     
  7. terx84

    terx84 Private, 1st Class

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    i request all investors who have fallen victim of bealgo and algotechs scam to report the scam here -

    https://fintelegram.news/whistleblower-system/

    the more people will report, the more chances that we would be able to recover our money.
     
  8. JuliaMarkus6

    JuliaMarkus6 Recruit

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    How much does Payback-ltd charge?
     
  9. oscarra

    oscarra 2nd Lieutenant

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    no charges here https://www.financial-ombudsman.org.uk/consumer/complaints.htm

    … do read post 9 in the below thread carefully , and you may understand what to do more
    https://www.forexpeacearmy.com/community/threads/israel-network-of-fraud.59206/
    btw, the very high risk mentioned means handcuffs

    ….also report the entire gang to your home authority’s, and most important FCA since they allow this ! there is a specific link somewere…
     

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