UboCapital Binart Trading

Messages
13
Hi every one
I have a problem and would like to hear from anyone who has had dealing with UboCapital ( I`m not sure If I can put my e.mail here ) but will put it at the bottom anyway
To start last November I got an e.mail that was about an auto trading software that was going to make me lots of money so I funded my account with @250 and turned it on only to find it didn't do as I expected, it lost more than it made I was then contacted by the broker and was assigned an account manager Ben Cooper He told me after a few phone calls, that if I put in $5000 he would trade for me and make me good money things where going fine and doing fairly well He then called me and said why not get a credit card and use some one else`s money He then told me he would trade my account on a monthly basses and that I would be able to withdraw every month to pay the credit card and some for myself I thought that was a good idea and got a credit limit of $20.000 and deposited it into my account Everything went fine for the first couple of weeks and he made me just over $5000 which was great So just before Xmas I called Ben on Skype And said I needed to make a withdrawal to pay the credit card, His words were, Alright buddy, I have to run off to yet another meeting. :) have a Merry Christmas and a great New Year. So I waited but no money So I logged into my account only to find that all of my entire balance had been put on to 14 trades But here`s the crunch line The trades had been put on for one whole year So in other words with maturity dates the 30th December this year My heart sank How could this happen,Its a bit of both Disappointment and Rage I now have to pay my credit card out of my own pocket which I cannot afford I then tried to contact the company and try to speak to the manager All I was told is that I had to wait for My account manager to come back I tried sending him e.mails with out success So I had to wait until the 12th January by this time my blood was boiling So when he did contact me I let him have it I won`t say what I called him But Mongrel Bastard is a couple of words I used among lots of others I then told him to cancel the trades which I know he can But I can`t, he refused He told me that everything was ok and not to worry and that he had got me into the VIP club and I am going to make lots of money He didn't like it when I called him a lying bastard So I had to leave it at that I then sent him an e.mail about a month later with my credit card bill for nearly $400 He called on skype I told him again to cancel the trades but he refused again but he did say he would cancel but I would only get back about $200 and I would lose the rest He didn't like it when I called him a thieving F!@#$ing bastard. However I must admit he called me the next day and told me he had talked to the finance department and had sent me some money to pay the credit card for the month which did arrive a few days later I have tried to log in to my account to change the password because I don`t want him trading my account ever again but it has been blocked I sent him a message on skype asking why but he never replied
I have been in touch with my credit card company, they were very helpful and are doing all they can I would like to take this further but don`t quite know how or what to do next So any further information would be helpfull
I look forward to your reply's
Regards Richard Caldwell
<akaroa59@yahoo.com.au>
 
Messages
13
Yes There website is ubocapital.com
Latest update I can now login to my account It has now been unlocked

Email
support@ubocapital.com

Phone
UNITED KINGDOM - LONDON : +442038082378
NEW ZEALAND - WELLINGTON : +6444880359
AUSTRALIA - SYDNEY : +61283105790
CANADA - TORONTO : +14378868253
 

Pharaoh

Colonel
Messages
20,043
UBO Capital is a binary broker. That means they are nothing but an online casino. Your wins are their losses. Would you trust a casino employee to place your bets for you? Would an employee who did this and made money for clients remain employed for long?

Contact your credit card's issuing bank. Ask to speak to the fraud department. Explain how you were lured in by false promises, how they lied about sending a withdrawal, and see if you can charge back some or all of your deposits. Report back here what they say.
 

tmaninnz

Recruit
Messages
1
Yes I too have been sucked in by Ben Cooper of UBO Capital.
Same scenario too, he obviously has developed a well rehearsed line of patter and a sales speil which works - He is a real smooth talker but will ultimately let you down.
He is full of empty promises and continuosly dribbles a load of complete bull****.
I lost over $6000 NZD by trusting and believing in Ben Cooper & UBO - My advise, stay well away from both and if you must dabble in binary options use a regulated company and avoid using a broker too, dont accept any bonuses and learn to do your own trades - Brokers will only keep you in the dark and treat you like a mushroom, occasionally feeding you bull****.
UBO and Ben Cooper are NOT TO BE TRUSTED!
 
Messages
13
I have been in contact with my credit card company They looked into the situation but can do nothing
So what can be down about these bastards This is the reply I got from my credit company and have sent an email to the actionfraud.police.uk.but have had no reply So if any one has any solition please let me know
My e.mail is akaroa59@yahoo.com.au

Dear Mr Caldwell


Thank you for your email of 15 March 2016 about UBO Capital. I was sorry to read of your experience.


After carefully considering the information you have provided, we have concluded that this is not a matter for the Serious Fraud Office (SFO) to investigate. However, if you believe that you have been a victim of fraud, you may wish to report the matter to Action Fraud, the UK’s national fraud reporting centre. There is more information about Action Fraud on its website at:www.actionfraud.police.uk. If you have not previously reported the matter to Action Fraud, help and advice is also available over the telephone through the Action Fraud contact centre. You can talk to their fraud specialists by calling 0300 123 2040.

You can also report other concerns to your local police force. You can contact your local police by calling the police non-emergency phone number 101.

The role of the SFO is to investigate and, where appropriate, prosecute cases of serious or complex fraud, including bribery and corruption. These are cases which call for the multi-disciplinary approach and legislative powers available to the SFO. In deciding what cases to adopt, the Director will take into account all the circumstances of the case and consider.

• cases which undermine UK commercial/financial PLC in general and the City of London in particular;
• cases where the actual or potential loss involved is high;
• cases where actual or potential harm is significant;
• cases where there is a very significant public interest element; and
• new species of fraud.


I hope this information is helpful.


Yours sincerely,


J M Foster

Serious Fraud Office


 

maduet

Corporal
Messages
111
I opened an account with UBOCapital in December 2015 with a small amount to start off with ($300) - just to see how things go. My account manager (Richard Edison) promised to manage my account and trade for me. It started off well and he brought my account up to $365 within a couple of weeks. Then all of a sudden he stopped. When after one month, I mailed him to ask whether he was still trading on my account, there was no reply. I tried again a week later: still no reply. Nor from the Support Department. So I wrote to Edison, asking him to open no further trades on my account and placed a withdrawal request - this was totally ignored.

During the following months I repeatedly placed withdrawal requests (for only my invested amount), and tried to contact the compliance department. They just ignored my e-mails and kept cancelling my withdrawal requests (all 4 !). Then suddenly I got a mail from Edison this week saying that he was going to place trades on my account (even though I had already expressly told him not to !). I wrote back again saying Please no more trades, I just want to withdraw and quit ! But he completely ignored this, opened several trades, most of which lost, wiping out a third of my account.

In my eyes these are downright scammers - not only do they never bother to reply to e-mails, but they completely ignore clients' wishes and don't let you withdraw your money. Their Support (online chat etc.) is absolutely appalling - if at all it can be called "support". So my advice to anyone who's considering "investing" their hard-earned money with these people: Stay clear and RUN AWAY as fast as you possibly can !
 

janes

Recruit
Messages
3
Yes I too have been sucked in by Ben Cooper of UBO Capital.
Same scenario too, he obviously has developed a well rehearsed line of patter and a sales speil which works - He is a real smooth talker but will ultimately let you down.
He is full of empty promises and continuosly dribbles a load of complete bull****.
I lost over $6000 NZD by trusting and believing in Ben Cooper & UBO - My advise, stay well away from both and if you must dabble in binary options use a regulated company and avoid using a broker too, dont accept any bonuses and learn to do your own trades - Brokers will only keep you in the dark and treat you like a mushroom, occasionally feeding you bull****.
UBO and Ben Cooper are NOT TO BE TRUSTED!
 

janes

Recruit
Messages
3
Hi guys, I was scammed by UBO Capital in just the same way. I started off with a small account with 500 Eur, fully managed and promised to make lots very quickly. My account Manager Richard Edison, called me just before Christmas saying there was some great Promotion for the January Effect. I just needed to deposit a total of 5K and he could guarantee a return of at least 60%. I would have 5 risk free trades and nothing over 10% of my account would be traded so there was no risk. I told him I would borrow the money off my credit card but the deposit had to come back by mid January as I couldn t pay the card otherwise. All was agreed and in writing on Skype. As soon as I deposited he convinced me to take a Bonus of another 2K as with 7K in my account we could make a lot more money. I asked if he could make the 20K turnover by mid January as I must be able to withdraw. Yes, no Problem. By 7th January no trades had been placed. Richard was not contactable. Finally I got through to him, he told me he had just placed a long term trade for a week. To my horror he had used my whole 5K deposit on an oil trade as a call when oil was on a down trend. I tried to sell it but of course I was not able to. The trade lost, my account deposit was gone. Numerous calls were made, no answers. Many many emails were sent, never got a reply. The risk free promotion was a lie. I was then contacted by someone called Michael who was from the "recovery" department who said we could use the bonus money to recuperate. He would not trade but would send me signals to help me make winning trades. I received one signal in 2 weeks. He then said he would trade for me but I had to deposit another 2K. Alarm bells started ringing. I did not deposit anymore. I contacted my credit card company and after telling them my story and providing proof of the trades placed a charge back process began. Within a week, all my balance had been placed on a long term trade till the end of the year and a few days later my account access was blocked completely. The Charge back was not accepted but my credit Card Company has tried again. I don t know if I will ever get anything back but I can only advise anyone to stay away from them. Once you deposit you will never ever see your money again.
 
Messages
13
From Richard Caldwell
Update Just over one year later

I waited until the trades had matured and it was to my surprise that when I logged into my account balance was $ 26430 .00 I thought that’s nice however I didn’t make any money in the last 12 months as they said I would So I put in for a withdrawal and waited a couple of days nothing happened so I put in for another withdrawal and managed to reach them in the chat room and told them I didn’t want them to trade my account anymore I also sent them a message in there contacts and I wanted to withdraw my money as I had to pay my credit card back, I was told the message would be passed on to my account manager The next morning I checked my e-mails and to find that the dirty rotten bastards had put 37 trades on my account So when I logged in to my account my balance was now $430 That’s a loss of $26000 In other words these dirty rotten mongrels had stolen 99% of my money as you can see from the below account balance This all happened on the 13th January This has left me destitute
 
Top