spartan forex scam

[dyasokta2586]

just invite your other sindicate like geoff and david.coz they comunicate with us before.not you.they know about b book program.and they commit to pay our profit before.then change to pay share profit 50:50.other broker will commit to pay share from NPL not like spartan.just running and to much talk. you said will pay share loss from futures bussiness is bull****.what guarantee you not stole client money again?geoff said spartan will pay share profit 50% if we pay to client too.just prove it.dont much talking.you said about rules?i think thats bull****.withdrawal 3 week and just pay 29k from 90k. you said spartan is good broker? i dont think so. just stupid person can trust with that.

 

[bambangsuhendro]

(6) Without going into the detailed mathematics, it transpires that the bonus program we agreed to offer based on Mr. Oktavianto's suggestion was the equivalent to giving someone a weighted coin where the probability of a flip landing on heads was about 55% and then letting the better wager on heads every time. As long as the bettor is prudent in the percentage of his/her kitty that he/she wagers on any one bet, the mathematics work inexorably in favor of the bettor over time. (We observe that the set of old Indonesian ladies who can afford $2,500 a throw turns out to be surprisingly large.) Of course bettors can sustain a losing streak even with odds 55/45 in their favor, which is in effect which happened in the current case, and which delayed our recognition of the probabilities involved and the deft exploitation thereof by Mr. Oktavianto's traders. Once we figured it out we closed the door on the operation as the agreed-to terms and conditions allowed us to do. (Note: No amount of hedging, "stupid" or intelligent, can overcome the outlined handicap. As Warren Buffett put it in another context, anyone claiming such should take up a career in sales but not mathematics.)
-->
every trader have his/her own risk and rewards.
why u only discuss the theory of probability from trader who win on your broker??
why u not talk about that to the loss one??

Let we open discussion from the losser side

my name bambang suhendro
my acc number 70372
my total deposit is 5944.18
and u just paid me usd 2185.34

now i want to ask :

DO U WILL REFUND MY LOSS USD 3758.84 BECOZ I HAVE "ABUSE" YOUR BONUS??
DO U WILL REFUND MY LOSS USD 3758.84 BECOZ I HAVE "BREAK" YOUR TERM AND CONDITION???
DO U WILL REFUND MY LOSS USD 3758.84 BECOZ I HAVE "LOSS" IN PROBABILITY GAMES AS U MENTION BEFORE?????

I want to hear ur answer
let the other can hear and watch like what spartan are

 

[spartanfxmanagement]

From item #2 in my post above this past Thursday at 9:32 PM: "Spartan representatives never made any such promise, in any form." Said representatives include Jimmy, David, Geoff, and the Man in the Moon. Mr. Oktavianto can scour his memory and snippets of written communications in any self-serving manner he pleases. No one on Spartan's side made any commitment of outside funds towards payment of fraudulently earned gains. NOR DID WE EXPECT OR REQUIRE MR. OKTAVIANTO TO DO SUCH. The only agreement was to allocate all broker commissions earned towards said fraudulently acquired gains on any activity from additional referred clients. Mr. Oktavianto agreed to kick in his IB commissions for the purpose as well. His implication that he would kick in what he owes -- now -- if only we would kick in what we purportedly owe -- now -- is disingenuous. The implication would appear to be that our not paying is an obstacle to his not paying off half of his clients' profits. Sure.

We have been patiently waiting for Mr. Oktavianto to trot out the "How can we trust Spartan with new business after they 'stole' client money." It took a while, but he has at last delivered. Per the same post referenced above, the alleged theft involved Spartan supplying funds from outside the Indonesian venture to make sure his clients were made whole on their deposits. Yes, we withheld paying out the profits gained from the bonus abuse. This is the first "theft" we are aware of where the "thief" walked away with less money than he started with. Our suspicion: The notional non-bonus business was a red herring all along.

Jimmy

just invite your other sindicate like geoff and david.coz they comunicate with us before.not you.they know about b book program.and they commit to pay our profit before.then change to pay share profit 50:50.other broker will commit to pay share from NPL not like spartan.just running and to much talk. you said will pay share loss from futures bussiness is bull****.what guarantee you not stole client money again?geoff said spartan will pay share profit 50% if we pay to client too.just prove it.dont much talking.you said about rules?i think thats bull****.withdrawal 3 week and just pay 29k from 90k. you said spartan is good broker? i dont think so. just stupid person can trust with that.

 

[dyasokta2586]

thats bull****.if you sure just come to indonesia and bring your sindicate then said in front of us if you never made any suck promise.i already sent screenshot about their promise.from david and geoff.you never apprear before and know you said as director.you said as you know all what happen.you said all profit will pay without bonus?we know another case without bonus.you cant pay too. and you hide from this forum. and you said your company is good broker?thats bull****.

From item #2 in my post above this past Thursday at 9:32 PM: "Spartan representatives never made any such promise, in any form." Said representatives include Jimmy, David, Geoff, and the Man in the Moon. Mr. Oktavianto can scour his memory and snippets of written communications in any self-serving manner he pleases. No one on Spartan's side made any commitment of outside funds towards payment of fraudulently earned gains. NOR DID WE EXPECT OR REQUIRE MR. OKTAVIANTO TO DO SUCH. The only agreement was to allocate all broker commissions earned towards said fraudulently acquired gains on any activity from additional referred clients. Mr. Oktavianto agreed to kick in his IB commissions for the purpose as well. His implication that he would kick in what he owes -- now -- if only we would kick in what we purportedly owe -- now -- is disingenuous. The implication would appear to be that our not paying is an obstacle to his not paying off half of his clients' profits. Sure.

We have been patiently waiting for Mr. Oktavianto to trot out the "How can we trust Spartan with new business after they 'stole' client money." It took a while, but he has at last delivered. Per the same post referenced above, the alleged theft involved Spartan supplying funds from outside the Indonesian venture to make sure his clients were made whole on their deposits. Yes, we withheld paying out the profits gained from the bonus abuse. This is the first "theft" we are aware of where the "thief" walked away with less money than he started with. Our suspicion: The notional non-bonus business was a red herring all along.

Jimmy

 

[Pharaoh]

Referring to Pharaoh as "self-appointed overseer" was not at all meant to be an insult. I guess that is one of the vagaries of communicating on forum posts as opposed to communicating in person. In fact it was not even in reference to his post about Vanuatu, it was in reference to his interest in this thread as he is one of the only people not involved in the controversy itself that has had the good grace to participate in the thread at all.

Pharaoh: If you were offended by my remark, I take this opportunity to apologize. Again, it was not meant to be taken as disrespectful. We appreciate your interest in this thread and in the rigorousness of regulation in Vanuatu (which we also share). Incidentally, we are required to file reports with the government, but this is not necessarily related to "consumer protection" as much as it is related to AML, which I also believe (my personal opinion after reviewing various regulatory regimes) is the main thrust of regulation in most jurisdictions, with some limited exceptions (perhaps the US, UK, Australia).

Jimmy

Jimmy, it sounds very much like all Vanuatu is interested in is keeping itself and companies it "regulates" from getting sanctioned for AML violations.

Although I do encourage unhappy clients to report to your "regulator", I also encourage them to file with the financial authorities in their own countries as well as with www.econsumer.gov

 

[spartanfxmanagement]

Bambang,

You are one of the few users that actually did lose money trading, yes. I am unaware of any broker that will refund client trading losses because they have violated bonus terms.

That said, as indicated you appear to be part of the same syndicate as all of these other alleged clients of Mr. Dyas (judging by the commonality of email address format and other similarities). We are treating the whole group as one entity. The entity as a whole pulled out more money than it deposited. You should go recover your alleged losses from your cohorts that withdrew more than they deposited. In effect, they withdrew the money that you lost.

Jimmy
SpartanForex Limited

(6) Without going into the detailed mathematics, it transpires that the bonus program we agreed to offer based on Mr. Oktavianto's suggestion was the equivalent to giving someone a weighted coin where the probability of a flip landing on heads was about 55% and then letting the better wager on heads every time. As long as the bettor is prudent in the percentage of his/her kitty that he/she wagers on any one bet, the mathematics work inexorably in favor of the bettor over time. (We observe that the set of old Indonesian ladies who can afford $2,500 a throw turns out to be surprisingly large.) Of course bettors can sustain a losing streak even with odds 55/45 in their favor, which is in effect which happened in the current case, and which delayed our recognition of the probabilities involved and the deft exploitation thereof by Mr. Oktavianto's traders. Once we figured it out we closed the door on the operation as the agreed-to terms and conditions allowed us to do. (Note: No amount of hedging, "stupid" or intelligent, can overcome the outlined handicap. As Warren Buffett put it in another context, anyone claiming such should take up a career in sales but not mathematics.)
-->
every trader have his/her own risk and rewards.
why u only discuss the theory of probability from trader who win on your broker??
why u not talk about that to the loss one??

Let we open discussion from the losser side

my name bambang suhendro
my acc number 70372
my total deposit is 5944.18
and u just paid me usd 2185.34

now i want to ask :

DO U WILL REFUND MY LOSS USD 3758.84 BECOZ I HAVE "ABUSE" YOUR BONUS??
DO U WILL REFUND MY LOSS USD 3758.84 BECOZ I HAVE "BREAK" YOUR TERM AND CONDITION???
DO U WILL REFUND MY LOSS USD 3758.84 BECOZ I HAVE "LOSS" IN PROBABILITY GAMES AS U MENTION BEFORE?????

I want to hear ur answer
let the other can hear and watch like what spartan are

 

[AsstModerator]

Several multies have been spotted in this thread. If I don't see explanations from those accounts very soon, I'll start banning people.

 

[bambangsuhendro]

hahaha....i guess already your answer..
this answer show how really tricky spartan are.
spartan play for B book (market maker) and only allow trader to loss. (better i go to casino)
if trader loss, spartan just said "I am unaware of any broker that will refund client trading losses"
if trader win, u said a lot of reason (old lady, syndicate, and start ignore what they talk about before)
be careful guys about this broker
NEVER NEVER NEVER make deposit here
they against all of ur position
spartan have a lot of reason to hold ur money --> USUALLY DID BY MARKET MAKER BROKER
better look for other broker that have good regulation
right now, i feel scary with broker that have "vanuatu" regulation.
better look for the better regulation

u can said whatever u want to said, becoz u as the scam broker hold the money.
u know ur strength are u hold the trader money
becareful for the other trader, never deposit to this broker
rethinking 10000 times before make deposit to spartan
once they received ur money, forget it about the withdrawal
it look like u throw salt in to the sea
useless and absolutely the money will gone

Bambang,

You are one of the few users that actually did lose money trading, yes. I am unaware of any broker that will refund client trading losses because they have violated bonus terms.

That said, as indicated you appear to be part of the same syndicate as all of these other alleged clients of Mr. Dyas (judging by the commonality of email address format and other similarities). We are treating the whole group as one entity. The entity as a whole pulled out more money than it deposited. You should go recover your alleged losses from your cohorts that withdrew more than they deposited. In effect, they withdrew the money that you lost.

Jimmy
SpartanForex Limited

 

[Hermes]

I thing spartan only make so mamy reason and all you said not make sance.
Email, syndicate, bla bla bla..
If spartan not scame just proved it.
Dont talk to much.
Im not use same email u also stole my money.

You said client syndicate.
I think spartan is the real syndicate.

Because so many client were stolen by spartan.

broker is always pay all profit and deposit trader.

Scam broker will always make so many reason for not pay


Spartan scam