Potential scammed by Pruton Mega Berjangka(Pruton Capital)

InfoShare

Recruit
Messages
9
Hi Everyone,

Pruton Mega Berjangka (Pruton Capital) which is an Indonesian Broker founded in 2006, and regulated by Bappebti. Pruton capital is their global business, they introduced mirror trade to China market in 2016. The mirror trade business had been doing quite well until October 2019. Investors was experiencing difficulties for fund withdrawal. On December 19, 2019, all MT4 mirror trade accounts became negative #s. Then an announcement was made that this was due to hacking incident. After 12/19 "hacking incident", an video posted on Pruton Capital website, it was from a CEO of Pruton Mega Berjangka Mr. Irvansyah. He apologized the huge losses caused by the incident and it was under investigation. Many investors went to Pruton Mega Berkangka and wanted to find out what's going on. Company didn't see any investors, and investors only had limited access/authority to verify whether trading was real and whether money still saved in BCA bank account.
Due to COVID-19, investors had to come back and being patient for company to resolve the issue. Based on what's discovered, it didn't seem to be a real trading since no trading signals were found in JFX, plus no trading statements were received on December. 19 as we used to receive daily/monthly statements.
It's been 4 months after the incident, we haven't received any clear information nor direction from the company. The recent announcement was about the company plan to cease operation for oversea business, they had initiated ‘forced close position’ on all MT4 account. They offered to withdraw money from MT4, but the problem is all MT4 accounts are negative balance.

I am writing this forum first of all is seeking some support and assistance as how can we get our money back, how to establish a communication channel between investors and the company since we as investors have legal rights to find out the truth. Secondly, I would like to share this is what happened about a regulated broker, promises become lies. A regulated broker seems to lose their credibility.
 

4evermaat

2nd Lieutenant
Messages
1,922
--> How much total did you deposit?

--> do you have any screen video or screenshots to backup what you say? (blur out any sensitive contact info)?

--> Does the broker have a website?

--> You said the broker was regulated....does the regulator have a website????
--> and what response has the regulator given you so far?​

Thank you.
 

InfoShare

Recruit
Messages
9
--> How much total did you deposit?

--> do you have any screen video or screenshots to backup what you say? (blur out any sensitive contact info)?

--> Does the broker have a website?

--> You said the broker was regulated....does the regulator have a website????
--> and what response has the regulator given you so far?​

Thank you.

Hi, the company names are hyperlinks. You can click on it and take you to the website. The company is regulated by Bappebti and JFX (website shows below).
The regulator doesn't seem to know anything about the mirror trade, oversee business.

the video from the CEO Mr. Irvansyah is too large to be uploaded. Few printcreens attached for your reference. The deposit is huge amount of money because not only myself but also all investors (approximately over 800K investors). It's been four months, the company didn't update us anything about the mirror trade incident. We have sent lots of emails to the company and no one has responded.

Appreciate if any help you can provide.
 

Attachments

  • Screenshot_20200420_054207_com.huawei.himovie.jpg
    Screenshot_20200420_054207_com.huawei.himovie.jpg
    571.3 KB · Views: 3
  • Screenshot_20200420_054131_com.huawei.himovie.jpg
    Screenshot_20200420_054131_com.huawei.himovie.jpg
    576.4 KB · Views: 3
  • Screenshot_20200420_054116_com.huawei.himovie.jpg
    Screenshot_20200420_054116_com.huawei.himovie.jpg
    567.5 KB · Views: 2
  • Screenshot_20200420_054017_com.huawei.himovie.jpg
    Screenshot_20200420_054017_com.huawei.himovie.jpg
    558.9 KB · Views: 2
  • Screenshot_20200420_053952_com.huawei.himovie.jpg
    Screenshot_20200420_053952_com.huawei.himovie.jpg
    568.9 KB · Views: 2
  • Screenshot_20200420_053938_com.huawei.himovie.jpg
    Screenshot_20200420_053938_com.huawei.himovie.jpg
    577.5 KB · Views: 2
  • Screenshot_20200420_053912_com.huawei.himovie.jpg
    Screenshot_20200420_053912_com.huawei.himovie.jpg
    556.6 KB · Views: 2

InfoShare

Recruit
Messages
9
Addition to that Zen Alldredge is the CEO and Director of Trading Risk Control of mirror trade business. However, we have not heard a word from him after the 12/19 "hacking incident".
 

Attachments

  • Screenshot_20200420_055759.jpg
    Screenshot_20200420_055759.jpg
    260.1 KB · Views: 3
  • Screenshot_20200420_055650.jpg
    Screenshot_20200420_055650.jpg
    545.9 KB · Views: 4
  • Screenshot_20200420_055625.jpg
    Screenshot_20200420_055625.jpg
    274.5 KB · Views: 2
  • Screenshot_20200420_055759.jpg
    Screenshot_20200420_055759.jpg
    260.1 KB · Views: 2
  • Screenshot_20200420_055650.jpg
    Screenshot_20200420_055650.jpg
    545.9 KB · Views: 3
  • Screenshot_20200420_055625.jpg
    Screenshot_20200420_055625.jpg
    274.5 KB · Views: 3
  • Screenshot_20200420_060020.jpg
    Screenshot_20200420_060020.jpg
    472.7 KB · Views: 3

4evermaat

2nd Lieutenant
Messages
1,922
the video from the CEO Mr. Irvansyah is too large to be uploaded.

for large files, please do use google drive, dropbox, etc and then post the shareable link in the forum.

The regulator doesn't seem to know anything about the mirror trade, oversee business.

Regulators are often incompetent. And another important fact is that regulatory action is AFTER THE FACT. So the first line of defense is checking the company's de-facto business model. If they are a bucketshop, eventually the relationship will end in heart-ache.

But it may still be important to file with them. And also make a police report.

The deposit is huge amount of money because not only myself but also all investors (approximately over 800K investors). It's been four months, the company didn't update us anything about the mirror trade incident.

Can you give me your approximate deposit amount and also the investor's investment amount?

Did you say 800,000 individual investors or is that USD$$ amount?


What instruments were you trading?

Do you have any actual track records? Visit this link for help gathering trade history: https://www.forexpeacearmy.com/comm...ccount-trade-history-statements-part-1.63543/
 

InfoShare

Recruit
Messages
9
for large files, please do use google drive, dropbox, etc and then post the shareable link in the forum.



Regulators are often incompetent. And another important fact is that regulatory action is AFTER THE FACT. So the first line of defense is checking the company's de-facto business model. If they are a bucketshop, eventually the relationship will end in heart-ache.

But it may still be important to file with them. And also make a police report.



Can you give me your approximate deposit amount and also the investor's investment amount?

Did you say 800,000 individual investors or is that USD$$ amount?


What instruments were you trading?

Do you have any actual track records? Visit this link for help gathering trade history: https://www.forexpeacearmy.com/comm...ccount-trade-history-statements-part-1.63543/

thanks for looking into this forum. I meant 800k individual investors(overall deposits are approximately over billions USD). We all have individual MT4 mirror trade accounts. Attached screenshot is one of the mirror trade MT4 account. The last trade was suspicious and abnormal which caused huge losses. According to Pruton Mega Berjangka(Pruton Capital), this was due to hacking incident.

Please provide some guidances. What can we do in this situation?
 

Attachments

  • Screenshot_20200420_123414_net.metaquotes.metatrader4.jpg
    Screenshot_20200420_123414_net.metaquotes.metatrader4.jpg
    513.5 KB · Views: 8

4evermaat

2nd Lieutenant
Messages
1,922
#RegulatedFool
------------

Addition to that Zen Alldredge is the CEO and Director of Trading Risk Control of mirror trade business. However, we have not heard a word from him after the 12/19 "hacking incident".

Clever exit scam. My predictions are as follows:

1) they were regulated at one point and time (when they were signing up clients) but then let their regulation lapse. And then ran off some time after this​
2) they have regulation that is still current, but not for the products they were offering. Or put another way, they showed you one regulatory jurisdiction, but your funds and trading actually took place at a different regulatory jurisdiction (in their boiler room).​

So far, my initial analysis reveals a very sophisticated version of #2. I've never seen mt4 connected to any actual futures exchange. mt5, maybe. And the trades would be 100% on the exchange and receipts from the exchange could be demanded, etc to prove trading took place.

Because of those exotic-sounding instruments, you probably didn't see any of this initially. It all appeared normal. And the regulatory facade caused you to actually be a cheerleader of this "company" and promote it heavily with your other clients.

I don't mean to scare you, but it is likely what happened if it was a bucketshop in clever disguise. With a cool and calm mind, please gather all the relevant evidence and then see if we can invite this person to explain their actions.
 

4evermaat

2nd Lieutenant
Messages
1,922
thanks for looking into this forum. I meant 800k individual investors(overall deposits are approximately over billions USD). We all have individual MT4 mirror trade accounts. Attached screenshot is one of the mirror trade MT4 account. The last trade was suspicious and abnormal which caused huge losses. According to Pruton Mega Berjangka(Pruton Capital), this was due to hacking incident.

Please provide some guidances. What can we do in this situation?

--> can you download the desktop version of mt4 and produce the account statement? Again, here are the instructions: https://www.forexpeacearmy.com/comm...ccount-trade-history-statements-part-1.63543/

alternatively, you may have monthly email statements. But a single generated statement with the complete history is best per account.


--> I would also encourage about 10-15 of your clients, (whose English is acceptable or can use google translate) to come forward here on FPA and submit their case with evidence. EACH PERSON/username has a separate thread. And must not abandon it.

Each separate case will strengthen the evidence against Pruton Capital .

--> Where are you a resident of? Are all of you from mainland China?
 
Last edited:

InfoShare

Recruit
Messages
9
--> can you download the desktop version of mt4 and produce the account statement? Again, here are the instructions: https://www.forexpeacearmy.com/comm...ccount-trade-history-statements-part-1.63543/

alternatively, you may have monthly email statements. But a single generated statement with the complete history is best per account.


--> I would also encourage about 10-15 of your clients, (whose English is acceptable or can use google translate) to come forward here on FPA and submit their case with evidence. EACH PERSON/username has a separate thread. And must not abandon it.

Each separate case will strengthen the evidence against Pruton Capital .

--> Where are you a resident of? Are all of you from mainland China?

thanks so much, I will looking into it. We will give a try and I am not sure if we are still able to login (if password is still working). Majority of investors are from mainland China. Attached is the copy of daily statement, this is one of my mirror trade MT4 account, and the last statement that I received prior to the hacking incident(Dec19). We did not receive any statement for the negative amount, that's why the incident doesnt seem like real trading, which means our deposits should be still in the BCA banking account. However, Pruton company has not provide any direct response to this incident.
 

Attachments

  • Screenshot_20200421_100128.jpg
    Screenshot_20200421_100128.jpg
    206.3 KB · Views: 4

4evermaat

2nd Lieutenant
Messages
1,922
--> this entire 4-6 month period you never generated an account statement???????????????



--> Have you left a review yet? Please do so:
--> invite the company to the thread (after 48 hours). Here is the tutorial: https://www.forexpeacearmy.com/comm...how-to-invite-a-company-to-your-thread.58438/

-------

--> You may have to sit down for what I am going to tell you (again):

There is a good chance that there was no hacking incident. Instead, this was a clever exit scam strategy. Basically they used the futures brokerage as a cover for their bucket shop operations. They very likely never executed any of your deals on a futures exchange. They just used the futures exchange / futures licensing to give investors the illusion that they were trading with a regulated entity.

No legit futures broker would just suddenly not contact their clients for 4 months. And they would allow trades in full contracts or full lot sizes.


And while fools exist in every country, and of every economic background, mainland Chinese nationals would be particularly susceptible to this. Primarily because they aren't as connected to the outside world as most other countries (you may thank your wonderful CCP for that "protection").

Take a few minutes to process this theory.
 
Top