UK Options legal challenge

4Justice

Recruit
Messages
10
Greetings. Like others on FPA, I've been ripped off by UK Options, losing GBP15,000. Over a period of a year from July 2014 to July 2015, an "account manager" (Mazen Obaida) consistently pressured me into depositing ever larger amounts in my account. He assured me, as did the company's senior analyst, that my trades were secured, meaning they would guarantee payouts even if the trades lost. When it finally came time to withdraw my (imaginary) profits they placed yet a third 'bonus' on my account, effectively preventing me from making any withdrawals. Despite huge efforts to recover my money they do not reply to contact requests, and deduct GBP32 each month as an "inactivity fee"! Of course that illegal strategy will eventually reduce the balance to zero. Another sadly familiar story, right?

As well as replying to my post, if you are interested in joining a group to challenge them using a London legal firm, please contact me. If you have any London legal contacts, or know of anyone who also lost money with them, please send them this message. We hope to use an out-of-court process, or a class action suit as a last resort if we can get a large group. Please reply to this post with your contact details and I'll be in touch. There is strength in our collective voice. Singly we are relatively powerless, but united we can bring them to justice.
Email me at: dharanlongley8@gmail.com
Thanks – Dharan
 

Tommisu

Corporal
Messages
97
I wish you all the best in your fight against UK Options, and hopefully this message will reach out to more victims and make up the numbers required for your class action law suit.
 

Trentside

Recruit
Messages
1
I fully support 4Justice's actions, having been scammed out of GBP11,000 by Sean Park and his colleagues. Pretended to win money on my behalf before losing it again, then refusing to let me withdraw it despite not agreeing to any bonuses. Please let him or myself know if you have also been scammed by UKOptions.
 

4Justice

Recruit
Messages
10
I fully support 4Justice's actions, having been scammed out of GBP11,000 by Sean Park and his colleagues. Pretended to win money on my behalf before losing it again, then refusing to let me withdraw it despite not agreeing to any bonuses. Please let him or myself know if you have also been scammed by UKOptions.

Hi Trentside. Good to get your post. Would you like to join our group to try and get your money back by legal means?
 

Mario Valente

Recruit
Messages
2
Mazen Obaida is a con.
I got assigned UKOptions through Copy Buffet. Mazen Obaida was working for them at the time.
After I deposited the £250, I got a call from a lady telling me that I would do better with £500 in the account. As I didn't know any better, I deposited an extra £250.
Next I get a call from Mazen Obaida.
I started using the software and was losing most trades.
After losing £200 I decided to withdraw my money.
Mazen Obaida called me and kept trying to convince me to not take my money out.
My withdrawal request was cancelled due to insufficient funds. This was after waiting for over a month.
I called UKOptions and was told there were active trades. I said it was impossible as I hadn't used the software in over a month.
I went into my account and the software had been activated and not by me.
It was doing crazy trades of £125 at a time.
Someone from UKOptions got into my software and activated it to lose my money.
I tried getting hold of Mazen Ibaida but no luck.
He is a spineless, heartless conman.
Stay away from him and stay away from UKOptions. They are a bunch on cons.
 

Pharaoh

Colonel
Messages
19,959
Mazen Obaida is a con.
I got assigned UKOptions through Copy Buffet. Mazen Obaida was working for them at the time.
After I deposited the £250, I got a call from a lady telling me that I would do better with £500 in the account. As I didn't know any better, I deposited an extra £250.
Next I get a call from Mazen Obaida.
I started using the software and was losing most trades.
After losing £200 I decided to withdraw my money.
Mazen Obaida called me and kept trying to convince me to not take my money out.
My withdrawal request was cancelled due to insufficient funds. This was after waiting for over a month.
I called UKOptions and was told there were active trades. I said it was impossible as I hadn't used the software in over a month.
I went into my account and the software had been activated and not by me.
It was doing crazy trades of £125 at a time.
Someone from UKOptions got into my software and activated it to lose my money.
I tried getting hold of Mazen Ibaida but no luck.
He is a spineless, heartless conman.
Stay away from him and stay away from UKOptions. They are a bunch on cons.

If you deposited by credit/debit card, it's time to have a chat with the fraud/abuse department at the card's issuing bank. Ask about a chargeback based on fraudulent blocking of the promised ability to withdraw the money that was in your account.
 

tamzarim

Recruit
Messages
2
Hi all,
I have also been scammed by "Mazen" happy to join any action, I contacted a law firm in Israel ( Birman Law) who claim they can help get money back for a 10% up front fee... I have not taken this any further as I dont know if that is a scam also ?

any information on how to proceed will be gratefully received.
 

4Justice

Recruit
Messages
10
Mazen Obaida is a con.
I got assigned UKOptions through Copy Buffet. Mazen Obaida was working for them at the time.
After I deposited the £250, I got a call from a lady telling me that I would do better with £500 in the account. As I didn't know any better, I deposited an extra £250.
Next I get a call from Mazen Obaida.
I started using the software and was losing most trades.
After losing £200 I decided to withdraw my money.
Mazen Obaida called me and kept trying to convince me to not take my money out.
My withdrawal request was cancelled due to insufficient funds. This was after waiting for over a month.
I called UKOptions and was told there were active trades. I said it was impossible as I hadn't used the software in over a month.
I went into my account and the software had been activated and not by me.
It was doing crazy trades of £125 at a time.
Someone from UKOptions got into my software and activated it to lose my money.
I tried getting hold of Mazen Ibaida but no luck.
He is a spineless, heartless conman.
Stay away from him and stay away from UKOptions. They are a bunch on cons.


Hi Mario
A small group of us have engaged Birman Law in Israel - where the UK Options crooks are based it seems.
If you'd like to know more, email me : standingupforjustice2@gmail.com
 

gaetano62

Recruit
Messages
2
UK Options contacts

Hi just wanted to point out the fact that the phone numbers you just mentioned are Israeli numbers & all names typical Israeli names, I am a bit puzzled, you mean to tell me that these Account Managers actually gave you their real details ??? there is no doubt that you are dealing with a scam company relocated today in Sofia having a probably offshore banking account in some other country.
But if you did deposit with a CC you can easily charge-back, did you send them all the documentation requested ? copy of ID + utility bill and copy of CC or did you sign any document called DOD (declaration of deposits). The process of charge-back is quite easy and I will provide you with all the necessary information, just need to have answers to the questions about the account validation.
 
Top