RESOLVED Case# 2013-091 | grubson vs liteforex.com

[Pharaoh]

Grubson, there's a clue in the message above.

Complain to the regulators in the Seychelles. Maybe nothing will come of it, but there's certainly no harm in trying.

 

[grubson]

Grubson, there's a clue in the message above.

Complain to the regulators in the Seychelles. Maybe nothing will come of it, but there's certainly no harm in trying.

I have already done it. No answer for now.

 

[grubson]

Pharaoh - do you have some contact with LiteForex ? They really don't going to say anything ?

 

[Pharaoh]

I only contact them here in the forums. Go to their website and gather all the email addresses you can. send them a link to this thread and ask them to reply here very soon if they don't want this going to a vote.

 

[grubson]

I only contact them here in the forums. Go to their website and gather all the email addresses you can. send them a link to this thread and ask them to reply here very soon if they don't want this going to a vote.

I did it couple of times, but it didn't help

 

[grubson]

Alexander from LiteForex promises to contact you today. Please report back after 24 hours and let me know if he contacted you or not.

AsstModerator - could you please contact with Alexander and ask for some feedback ?

 

[grubson]

Another week is ending and I still have no answer. This is nightmare....
It will be almost 4 months of waiting.... ridiculous

 

[AsstModerator]

LiteForex has stopped replying to my emails. This case is now up for a vote.

 

[Alexander.LiteForex]

Good Day!
Our security department found two profiles which were registered on differnt persons from different cities. Those profiles seseakun1@yahoo.com and pinturicchiotrader@gmail.com belong
to one person. This person logged in to this profiles from one IP and at the same time. We already provided this clients with evidences. This fact says that client violents our regulations - it's forbidden to own two profiles.
Trading accounts of this person were involved to bonus hunting. He just stole bonus from credit field, transferring it to another account with help of hedged positions.
The company has a right to stop working with cheaters and thieves. and even more than that we have to forward this case to police in accordance with points of AML Policy Anti-Money Laundering Policy | LiteForex :
"In order to minimize the risk of money laundering and financing terrorist activities, LiteForex neither accepts cash deposits nor disburses cash under any circumstances. LiteForex reserves the right to refuse to process a transfer at any stage, where it believes the transfer to be connected in any way to money laundering or criminal activity. It is forbidden for LiteForex to inform customers that they have been reported for suspicious activity."
We made a decision to return back their initial deposits and to correct their profit in accordance with point of The terms of work within the Next Level system You want to obtain success and stability with a reliable brokerage company, right? :
"13. The company has the right to correct the results of a client’s trades on suspicion of bonus hunting activities or any other fraudulent actions as to bonus funds. A part of a trading result which was earned by use of bonus funds shall be cancelled. An insufficient trading activity in the account, such as execution of a single high-volume trade or several trades of lower volume conducted at the same rate and at nearly the same time, which represents a subdivision of a big trade into smaller ones, may serve as the reason for revising the results. As a rule, there is no sufficient trading history in such accounts. In case of detecting such trades, the Company may cancel the bonus at any time and without preliminary notice."
Here you can find calculations:

914391
DPST 3000 USD
Corrected profit 2224.22 USD
Total 5224.22 USD
WDRW 5224.22 USD ( tickets: #1437011033 WDRW-SIT-90638: USD 1790.00, #1437060305 WDRW-SIT-90638: USD 1500.00, #1437457781 WDRW-SIT-90638: USD 1500.00, #1437864124 WDRW-SIT-90638: USD 433.00, #1437006872 WDRW-SIT-90638: USD 1.00

914922
DPST 4000 USD
Corrected profit 2692.38
Total 6692.38 USD
WDRW 6692.38 USD ( tickets: #1437007413 WDRW-SIT-90638: USD 2038.00, #1437060501 WDRW-SIT-90638: USD 2000.00, #1437457794 WDRW-SIT-90638: USD 2000.00, #1437864071 WDRW-SIT-90638: USD 654.00 )

You should know that our company will always keep fighting with such fraud and cheating.

 

[Leticia]

What took you guys so long to respond if everything was up and up on your side?