Trades.com

gewinnjunge

Private
Messages
12
A Mr. Simon Oelmann looked after me and promised that we will make a profit in any case. He has been doing this for 10 years.
He changed the company from


trade.com to trades.com. Trades.com is said to be headquartered in Cyprus, he said, since there was no address either in the online account or on forms.
He promised me that the positions are hedged down, that
a commodity expert was there and we have the most opportunities. I took
in agreement with him a very expensive credit with risk premium.
He told me again and again that for every deposit I get the same amount as a bonus to the online account and we have profits within 4 weeks.
He placed the positions. At the beginning of May 2018,my bank, the Spardabank Munich demanded an agreement with appointment 24/5/18 because the credit line can not be maintained. I informed Mr. Oelmann on 5.5.18. He added more positions. Towards the end of May 2018, I asked for a repayment from support@trades.com, just a small part, to pay back the required deposit of the savings bank. I did not get any money. I shared this with Mr. Oelmann and together with me he entered values into the online account. The positions then closed after some time and at the end there was no money left on the online account.
The support had called me and pointed out that on the website of trades.com the warning is that the trade is associated with high risk forex. I said that Mr Simon Oelmann told me that he had a lot of training and we had the best chance. He also said there was one commodity expert left, so we have the most opportunities. He also promised me that we would not make any losses. I had believed that. He is the specialist. I also told him that the positions must be hedged down (falling prices). I do not know the trading platform (with TechInvest Meta Trader 4), do not know me. that they have insurance and what I have back demand. Everything said he can not get it, only 10%. He asks his boss and they put the refund into my online account and I can pay it off. In the end, they just closed my account and I did not get anything back. Mr. Oelmann reacts to no more emails. I can not reach him by phone either. I'm looking for a Address from this company trades.com and can not find any.
I had written to trade.com and trades.com and requested the address of trades.com.
I did not even get an answer. By telephone, I can not reach anyone from trades.com and at trade.com a woman on the phone told me that trades.com is not a company. But I could not find out the address. Both companies should have their headquarters in Cyprus. Mr. Oelmann said he calls from the 2nd floor of a house in Manchester.

Because of trades.com I found this page on the internet:https://deposit-withdraw.com/trades.com . Here you can read||www.trades.com is operated by Domainmatch Limited, address Arch.Makariou III, 173 Lakatamia, Nicosia, 2311, Cyprus under the agreement with us, Trade UP Ltd., address Ajeltake Road, Ajeltake Island, MH 96960, Majuro, Marshall Islands, Register number 90646.
From one attorney I got this answer:


I am qualified attorney of the Marshall Islands based in Hong Kong.


Unfortunately we are unlikely to recover any money for you, as there are unlikely to the assets located within the Marshall Islands.


It appears from the terms and conditions of trade.com that they now operate under “Francis Ltd” instead of Trade Up Ltd (see https://www.trades.com/terms-and-conditions/terms-and-conditions/).


Operating a FX service using a Marshall Islands company contravenes the law of the Marshall Islands. What I can offer however is to write to the Marshall Island authorities to take action against Francis Ltd and ask them to investigate Francis Ltd for potential breach of the law which may ultimately lead to the striking-off of Francis Ltd as a registered company in the Marshall Islands.
 

Scam Reporters

Master Sergeant
Messages
253
Ok so lets follow this story, as some crucial piece of info has just fallen into the right place. Whoever hacked this scam Forex website has actually provided an extremely valuable piece of information, so we are able to connect the dots. Great work. Scam alert in preparation. Stay tuned folks...

PS 2019 and 2020 definitely very bad years for scammers worldwide. FPA community contributes enormously with shared intel and scam filters. Perhaps even more then people actually realize. Go FPA! Never change!
 

gewinnjunge

Private
Messages
12
Thank you very much for your answer. Please can you tell me more about this person on the passport. Where did you find it...
 

gewinnjunge

Private
Messages
12
I took in agreement with him (Mr. Oelmann) a very expensive credit with risk premium
at 31000 € (transfer on 3.4.18 from 5000 € to B2G GmbH, Im Ahorngrund 5, 50996 Cologne and 4.4.18 from 26000 € to B2G GmbH) and from the credit cards 7000 € (deposit from the credit card on 23.1.18 1000 € and 8.3.18 6000 € - I had to pay expensive interest on the credit card).
He told me again and again that for every deposit I get the same amount as a bonus to the online account and we have profits within 4 weeks.
What can I do?? It is hard to pay every month for this credit!!!!
I demand my deposits back!!!!
 

Scam Reporters

Master Sergeant
Messages
253
Thank you very much for your answer. Please can you tell me more about this person on the passport. Where did you find it...
Welcome. Actually we only had first name, nothing else at the time. This was an accidental and unexpected twist. After double checking the data, picture, signature in both passport and UK company files, we came to the conclusion as described in our respective thread here. That guy must have stepped too many toes, as this sorts of situations are quite rare. But they serve to investors best interests now.
So who cares... As long as they are exposed and caught.
 

Scam Reporters

Master Sergeant
Messages
253
I took in agreement with him (Mr. Oelmann) a very expensive credit with risk premium
at 31000 € (transfer on 3.4.18 from 5000 € to B2G GmbH, Im Ahorngrund 5, 50996 Cologne and 4.4.18 from 26000 € to B2G GmbH) and from the credit cards 7000 € (deposit from the credit card on 23.1.18 1000 € and 8.3.18 6000 € - I had to pay expensive interest on the credit card).
He told me again and again that for every deposit I get the same amount as a bonus to the online account and we have profits within 4 weeks.
What can I do?? It is hard to pay every month for this credit!!!!
I demand my deposits back!!!!
Without giving any legal advice, just our thoughts - B2G was a huge PSP merchant, a lot is already exposed online and not hard to find. One Oleg Shwartzman runs it. Pretty powerful and dangerous person in Russia, just Google him. B2G accepted deposits from a lot of major scams in the yast years.
In Germany, Colone, the prosecutors are on him for some time. Maybe a good idea to inquire directly as a damaged investor? Could be faster way then waiting for this scam case to unfold with authorities?
Just an idea...
 

Scam Reporters

Master Sergeant
Messages
253
Please, what can I do to get back the money??
We honestly cannot advise. Any recommendation would be soliciting for someone's business. And we do not really know if recovery law companies are that good or not. At least for a start inquire on B2G case in Germany, somehow so you get the picture on development.
And avoid countless recovery experts. 95% are fake. The rest probably does not have a lot of success, otherwise they would advertise it heavily.
 
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