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RESOLVED Liteforex cheating my clients profit

Discussion in 'Scam Alerts' started by IB liteforex, Sep 19, 2011.

  1. IB liteforex

    IB liteforex Private

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    I have an IB account with liteforex, and I have 3 clients that their accounts have been disabled now. I need help from FPA to make communication with liteforex since they only replied email from clients with the same answer:
    "We would like to inform you that our security department has detected fraudulent transactions on your accounts. The transactions were aimed at illegal deriving bonus sum neglecting the promotion conditions. All the orders on those account will be cancelled; starting deposit will be available for withdrawing. From now forward all account of your profile will be blocked."
    they cancel all my clients profit without giving prove their reason. balance my clients:
    -account 843527 deposit $2992 profit $2928
    -account 843531 deposit $2997 profit $3500
    -account 843607 deposit $2000 profit $2367

    i hope FPA can help me, thanks
     
  2. cywong

    cywong Corporal

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    Hello,

    We have 4 victims from South East Asia facing the sames issues of profit get wiped off by LiteForex.

    I suggest you to report your case to following
    Forex Peace Army
    - Scam Folders
    - Review
    - File Scam Case
    Forex Factory
    RAFMM

    I will find more ways to report my case & get my money back.
    If Russia Forex broker still want to stay in the business, they better pay back our profit accordingly.
    I wil do everything to stop them to operate in Asia.
    Email me or contact me asap.
    We will work together to get our profit back.

    cywong.digi@gmail.com
    +65-94818928
     
  3. IB liteforex

    IB liteforex Private

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    hello, thank you for your suggestion. I will do it.. but i think report to RAFMM is useless cause as i know peoples behind liteforex and RAFMM are same persons.
    i only help my clients because I feel responsible that had invited them to join liteforex.
     
  4. cywong

    cywong Corporal

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    Hello IB liteforex,

    We should work together to get our money back.
    No choice of reporting to RAFMM.
    I have get 4xangels.com help.
    I am not sure how effective is it.
    I already report my case to KROUFR as well.
    I will do more ways to get my money back.
    Drop me a call or email asap.
    LiteForex is stealing profit.
    All victims is from our region.
    You should stop all your traders continue trading with them.
    Don't risk yourself with them or else you got a bag of big responsibility that you need to bear in coming days.
    Stay Away From Them.

    Thanks.
     
  5. IB liteforex

    IB liteforex Private

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    hello, i have sent email to you. btw when moderator FPA will involve with our case?
     
  6. sootat

    sootat Private

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    I having similar problem with you. LitForex just accuse that we're cheater but can't give out any prove.
     
  7. Shuvalov

    Shuvalov LiteForex Representative

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    misdahrul ihsan,

    4 of your referrals (you have mentioned 3, but there were 4) tried to manipulate with the bonus money. We have cancelled their trades and banned their accounts. The notifications have been sent to them several days ago. Their initial deposits are available for withdrawal.

    You are saying that you want to ‘make communications’ with us. If you need explanations please contact us and we will explain you their manipulation scheme. But we are not going to publish the detais of such a dangerous scheme on forums.
     
    #7 Shuvalov, Sep 21, 2011
    Last edited: Sep 21, 2011
  8. IB liteforex

    IB liteforex Private

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    I have sent email to Dealer Liteforex <eng.dealer@liteforex.org> cc Liteforex AML Department <amlpolicy@liteforex.org>.
    I think it is not fair if the profit were cancelled, because it's not like the bonus that absolutely broker's properties. so I made a post here because we need mediator from FPA to solve case by case, not only explanation from you.
     
  9. cywong

    cywong Corporal

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    Hello Shuvalov,

    In any circumstance, LiteForex also don't have the right to take traders profit.
    SHOW US THE TERMS & CONDITIONS THAT LITEFOREX CAN TAKE TRADERS PROFIT!
    How much bonus to cheat?
    Even though I always ask the financial department to remove my bonus, my profit also get wiped off by LiteForex.
    As smart traders, bonus is broker marketing strategy.
    I am surprise anyone who able to get it.
    My report to RAFMM has pending for some time.
    We shall report to all Forex traders in our region to stop them to trade with LiteForex.
    Stay Away From This Forex Broker Now!


    Thanks.
     
  10. Chris Owen

    Chris Owen Recruit

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    Liteforex Refuse to send my Client Money



    Liteforex - Refuse to send one of my client Withdrawer I made since a August 22nd 2011 now (details 2011.08.22 17:22 balance WDRW-WT-141600: USD 918.00)
    Saying they are doing some security check, When I funded this Account It took only about 5 working days, Why sending the money via same rout became a problem for this people I just dont know.

    Liteforex what is happening?????????????:mad:
    my email-vicalandventures@yahoo.com - Account: 824268
     

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