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Scammed by Kruger Exchange

Discussion in 'Scam Alerts' started by Peter Wilson, Mar 15, 2019.

  1. Peter Wilson

    Peter Wilson Recruit

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    Hi Forex Peace Army,

    I have now realised that I am a victim of a scam. I have been coerced into sending money to a stock exchange company which as a result has NOT used my money for what was agreed so scamming me out of my hard-earned money.
    I deposited money with the assurance that they would put the same amount in and match it and supposedly bringing back more profits, money which all of a sudden vanished from my account with them and it has not been invested into trades but stolen.
    I even told them, when trades were not looking good for them to stop trading but they continued whether via a autotrade feature or by themselves.
    Another thing is that they actually took more out my account than what was actually agreed to start with! Agreed was £2800 and total taken was £3,308.58; this is just more proof that this company is fraudulent and NOT GENUINE.
    This matter has already been reported to Financial Conduct Authority, Trading Standards, ICO, European Consumer Centre and Action Fraud. Action fraud has taken on the report and has logged it and has provided me with a Crime Reference Number; so this is something to be taken seriously.

    This is an infringement on my agreement with a company that stated at the very beginning that they were here to support people into learning to trade!

    This is a huge amount for a student to lose so I would appreciate some guidance, thank you
     
  2. Peter Wilson

    Peter Wilson Recruit

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    upload_2019-3-15_18-7-49.

    upload_2019-3-15_18-6-42.

    upload_2019-3-15_18-8-45.

    Oh and this pic above is when the 'account manager' tells me after a lot of arguing about the whole matter that "I have as of today been transferred to another dept, your account is now in the hands of..." which I believe is just more lies because nothing has happened since apart from them ringing me up asking for me to deposit more and then hanging up once I began challenging them.
     

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  3. FxMaster

    FxMaster Lt. Colonel

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    FCA Issued the warning against them 4 days ago which you can check here https://www.fca.org.uk/news/warnings/marketing-essentials-t-kruger-exchange-ltd
    And the website went down.
     
  4. oscarra

    oscarra 2nd Lieutenant

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    https://www.fca.org.uk/news/warnings/marketing-essentials-t-kruger-exchange-ltd

    This firm is not authorised by us and is targeting people in the UK. Based upon information we hold, we believe it is carrying on regulated activities which require authorisation.

    Marketing Essentials t/a Kruger Exchange Ltd

    Address: 1111 Sofia, Shipchensky St. 43 A, Bulgaria

    Telephone: 07418442870; 07520644243; 07520644248; 07520643986; 07520665812; 07520665867; 07520643578

    Email: compliance@krugerexchange.com

    Website: https://www.krugerexchange.com


    …one more Bulgarian Scam, print out the warning and take all including police complaint to your Bank for Chargeback
     
  5. oscarra

    oscarra 2nd Lieutenant

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    :) what a timing

    … if chargeback don’t work here, for sure a damn banking failure, involving illegal psp’s and who knows….next step would require an Ombudsman complaint

    https://www.financial-ombudsman.org.uk/consumer/complaints.htm

    look’s like authority’s are catching up big time
     
  6. FxMaster

    FxMaster Lt. Colonel

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    I was about to say the same thing, But I won by 1 mint hahaha :)
    Jokes apart.

    Now I would like to ask OP to check the FCA link and follow what to do next suggested there.
     
  7. Peter Wilson

    Peter Wilson Recruit

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    Thanks for your suggestions and I will try to follow through with the bank, once again! I do believe that I am valid for chargeback with this case but it seems very difficult to get your story across to banks etc

    I'll let yous know on any updates on the situation
     
  8. Peter Wilson

    Peter Wilson Recruit

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  9. FxMaster

    FxMaster Lt. Colonel

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    That was between oscarra and me that we suggested the same thing almost the same time.
     
  10. oscarra

    oscarra 2nd Lieutenant

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