Scam Alert Beware: Jacob Morgan


I'm the latest victim to fall into a Binary Option Scam. The broker is Jacob Morgan Investment House. Similar to many cases, the broker will try to prove that they can trade profitability to your account. However, when I asked for withdrawal, they refused. In my case, they even put my whole account into one single trade, while I was still pending for the withdrawal to be done. I reasoned with them about their procedures on this, and they initially agreed to refund me. However, after a few months of waiting there was still no progress about the withdrawal. They started ignoring me and told me that all the money has been lost and I'll need to top up my account to recover the loss.
I'm trying to get help here about making a formal complaint to the authorities.

Can anyone suggest where can I start? Below are some info on addresses.

Website is owned and is operated by OB Capital Limited, Trust Company complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960 ID:77582. Payment and clearing services are being provided by the BG company MT Full Services EOOD, address 46-48′ Opalchenska Street, fl. 7, Sofia, Bulgaria 1303.


Issue a credit card chargeback if it's not too late, on the grounds this company isn't regulated to do business in your country. 100% chance it isn't.