Problem Report Prime4x withdrawal issues here.

[kknotty]

This email add?

Prime4X, on 2010-05-12, claims to be regulated by the FSC (Financial Services Commission) in Mauritius under the Financial Services Act.

You can find the FSC on:

http://www.gov.mu/portal/sites/ncb/fsc/index.html

Quotes from:

THE FINANCIAL SERVICES ACT
Act No. 14 of 2007
Date in force: 28th September 2007
(Consolidated version with amendments as at 30 July 2009)

The Act says the following:

32. Protection of consumers of financial services and financial products
(1) .......
(2) Any consumer of a financial product or of financial services who is
aggrieved by any act or omission of a licensee may make a
complaint in writing to the Commission.
(3) .......
(4) .......
(5) The Commission shall, where possible, give a reply to the
complainant within 3 months as from the date it receives the
complaint.
...and so on...

ON THE FSA SITE, I CAN NOT FIND PRIME4X IN THE REGISTER OF LICENSED COMPANIES.

Unfortunately, the FSC does not publicise their e-mail address.

QUESTION TO FPA: Do you have easy access to the FSC, can you find out about the license?

QUESTION TO FPA: Many investors on this forum will have difficulties writing a letter in English. Would it make sense to help them by drafting a standard letter and publish it here?

Ben, I googled and then came up with this email address for FSC: fscmauritius@intnet.mu or support@fscmauritius.org

Tel : (230) 403 7000, Fax: (230) 467 7172

 

[kknotty]

So whose turn is it to win the Prime4x lottery this week? Perhaps maybe just one or two people gettng paid, right?

 

[astagold]

hi PRIME4X,

my acc no 15000. just requested withdrawl usd2000 by LR. hopefully be paid very soon.

 

[AsstModerator]

Surprisingly, in the Prime4X Reviews Folder/live discussion there is a post by Forexllc, UAE saying:
Date of Post: 2010-12-08
Review: i get my withdrawal request on $100,000 and $50,000 without any delay or problem. proof are available cause i receive my fund via bank transfer and the statement is best proof for this issue,
i have no problem with prime4x till now.
best wish for this broker and their clients.

Can FPA confirm this post is genuine?

I can confirm that the post came from the UAE and that it didn't trigger any of the usual review spammer screening tools my Review Moderation Team uses. Under the circumstances, I personally won't believe it unless the reviewer shows the banking records to prove it.

I am aware of one or two small payments being made. I'm still waiting for confirmation of any significant payments.

 

[BenMcDui]

Ben, I googled and then came up with this email address for FSC: fscmauritius@intnet.mu or support@fscmauritius.org

Tel : (230) 403 7000, Fax: (230) 467 7172

Thanks Knotty, sent them an email right away, will post the results.

 

[BenMcDui]

I can confirm that the post came from the UAE and that it didn't trigger any of the usual review spammer screening tools my Review Moderation Team uses. Under the circumstances, I personally won't believe it unless the reviewer shows the banking records to prove it.

I am aware of one or two small payments being made. I'm still waiting for confirmation of any significant payments.

Lieutenant: I am trying to contact Forexllc but this is not possible throught the regular forum mechanisms. Is there a way to contact this member and ask him for a clarification? If this is a fake report by a Prime4X friend, we would all like this to be unveiled I think.

 

[AsstModerator]

Reviewers don't usually leave contact info.

Based on no one else reporting any significant payments, I've had a note added to that review stating that it is probably false. The reviewer is welcome to contact the FPA and show that the review is true.

 

[haditoshinakata]

Update 13 December 2010

Finally my 1000usd withdrawal from Prime4x trading account 49902 is received on my bank account!!
Thanks to Mr Bill from FPA and Mr.Robert from Prime4x.

My withdrawal request is on 21 October 2010

 

[fumufumu]

Update 13 December 2010

Finally my 1000usd withdrawal from Prime4x trading account 49902 is received on my bank account!!
Thanks to Mr Bill from FPA and Mr.Robert from Prime4x.

Congratulations!!
i am glad you get own money!!

 

[Zubair Ahmad]

Report Prime4x withdrawal issues Resolved

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Congratulations!!

Its a good news that all friends are getting their withdrawals. I have also applied for $290 from account 75763 one week ago. Lets see how many days will it take.