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Olympus markets are scammers

Discussion in 'Scam Alerts' started by Abigeo, Apr 29, 2019.

  1. Abigeo

    Abigeo Recruit

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    After responding to an ad online for bitcoin revolution, I was immediately contacted by Olympus Markets and told to deposit $250 which at first I was hesitant about, but after comforting assurance that I would receive an " account manager" who would manage and trade for me, I was put at ease and obliged. I was even more at ease when " Elmer Klein" the "account manager" contacted me the very next day. He was very reassuring and promised that my capital was safe as he would be trading for me, I was dumb to fall for it. On the 07/03/ 2019 he advised me to invest another $2000, which was risk free, I did and obviously I made profit, on the 12/03/2019 he told me to invest a further $4500, I was hesitant but he told me to trust him and to make a withdrawal of $250 as reassurance, it worked!, I received my withdrawal and made the deposit, but once again I made good profits, so all still seemed in order. Here's where my nightmare starts. He then tells me to make another investment, at this point I refuse and tell him I don't have anymore funds, this is when he starts getting annoyed I guess, and gets rude and agressive!. I then ask to withdraw all my funds which is now at $11 000, he refuses and says he has a solution to still make profit on that. However he continues to press me into making another investment, I still refuse and it all goes downhill from there. My account went from $15 000 to zero, he kept making huge trades, with big lot sizes, even I know this is not wise and told him to stop. My account eventually ran a loss through margin calls, and all I got was a sorry and "you win some, you lose some" this is NOT good enough for me!!!. That is not even where it ended, after the loss I expressed my dissatisfaction and was told he had a "solution". The "solution" ended was me being smeared off onto another "South African" colleague, who apparently only deals with South Africans, but you can guess, "Marc Evans" the colleague wanted me to invest more money in order to regain my initial investment!. Olympus Markets the company claims to be based in Bulgaria, but these men were calling from the UK, also they claim to be owned and operated by Next Trade Ltd, but the beneficiary is PRIMEcfds, who after research I have found seems to have been the name of Olympus Markets before, and are now disolved, who also were a scam company???, it raises many eyebrows!, also, I have found many people who were scammed by Olympus Markets in a similiar way. Can anyone please help, all I want is my capital investment back.
    Thanks in advance
     
  2. carsonj

    carsonj Recruit

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    hello, have you tried a chargeback via your bank?

    or invite them to thread, ask the fx master for how. you also message on how to chargeback, good luck.
     
  3. FxMaster

    FxMaster Lt. Colonel

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    First of all, invite the company by using the invite company option to your thread. And if you are unable to locate the option then this thread "Tutorial: How to Invite a company to your thread." will help you to find out.

    Note: If you are new to FPA then invitation button will be enabled when your first post reaches 4 days old.

    Also, check this "New Traders Court" to understand how FPA new Voting system works.

    Till then follow the below-suggested options to draw their attention on your issue

    If you deposited your money via credit card then contact the credit card customer care asap and ask them to file a chargeback.
    Go to their website and invite them to here via Live Chat
    Invite them to join this thread via email (Send an email to every possible address).

    You will find their email and address https://www.olympusmarkets.com/corporate/contacts
    Also, Share your story as a review https://www.forexpeacearmy.com/forex-reviews/16260/www.olympusmarkets.com

    You can also share your story on their social media pages mentioned below:

    https://www.facebook.com/Olympus-Markets-256832808317665/

    https://twitter.com/OlympusMarkets

    https://www.instagram.com/olympusmarketsofficial/

    https://www.youtube.com/channel/UCYXcZV3bmdzJchjfwqxJofw

    Note: Don’t forget to update your review/s when you get a solution to your problem, Best Of Luck :)
     
  4. Abigeo

    Abigeo Recruit

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    Hi, unfortunately the 2 deposits were made via bank transfer, but I have layed a charge with my bank yes, thank you
     
  5. Abigeo

    Abigeo Recruit

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    Hi, I have invited them thanks, just waiting for the 4 days to clear.
     
  6. FxMaster

    FxMaster Lt. Colonel

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    You are most welcome :)
     
  7. Abigeo

    Abigeo Recruit

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    [​IMG]
    The OP has invited the company to this discussion on May 7, 2019 at 11:24 PM
     
  8. Abigeo

    Abigeo Recruit

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    What is the next step?, I have invited the company 2 weeks ago and have still heard nothing from them.
     
  9. FPA Forums Team

    FPA Forums Team Caution: Moderators at Work

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    [​IMG]
    The FPA invited the Company to update this discussion on May 22, 2019 at 8:04 AM
     
    Abigeo likes this.
  10. Abigeo

    Abigeo Recruit

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    Guys please help, how can I get my money back. After countless emails, there has been no positive response, their only solution is me investing more money, which would be ridiculous and stupid!.
    Has anyone ever dealt with such a situation?
     

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