Vortex Assets won't pay me

JJ123

Private
Messages
27
I have spent 10 weeks trying to get this company to close my VTX Premium Account and return my money to me (since mid-December, 2016). VTX is their high-earning account offered to Singapore investors, of whom there are quite a few. In turn, they kept telling me (and numerous others) they are “processing my request,” when they haven’t been. After numerous emails from me, they began saying, "April is just around the corner; just wait for then!" April is the first quarterly withdrawal. They said this after leading me to believe I could close my account earlier.

There are quite a number of investors in Singapore who have been seeking withdrawals since the end of November for another, Phoenix Account, they have officially closed. Their requests, like mine, have been met with constant excuses, delays, and lies.

I have USD 75,000 invested with this company which I want returned immediately. I want this company to explain themselves or face legal recourse.
 

FxMaster

Lt. Colonel
Messages
10,394
I have spent 10 weeks trying to get this company to close my VTX Premium Account and return my money to me (since mid-December, 2016). VTX is their high-earning account offered to Singapore investors, of whom there are quite a few. In turn, they kept telling me (and numerous others) they are “processing my request,” when they haven’t been. After numerous emails from me, they began saying, "April is just around the corner; just wait for then!" April is the first quarterly withdrawal. They said this after leading me to believe I could close my account earlier.

There are quite a number of investors in Singapore who have been seeking withdrawals since the end of November for another, Phoenix Account, they have officially closed. Their requests, like mine, have been met with constant excuses, delays, and lies.

I have USD 75,000 invested with this company which I want returned immediately. I want this company to explain themselves or face legal recourse.
Few steps that you must follow to draw their attention to your issue,
Follow the suggested steps below:

If you deposited your money via credit card then contact the credit card customer care asap and ask them to file a chargeback.
Go to their website and invite them to here via Live Chat
Invite them to join this thread via email (Send an email to every possible address).

You will find their email and address https://www.vortexassets.com/en/contact-us

Also, Share your story as a review http://www.forexpeacearmy.com/forex-reviews/12781/www.vortexassets.com

You can also share your story on their social media pages mentioned below:

https://twitter.com/vortex_assets

https://www.facebook.com/vortexassetscom-352889305082099/
 

JJ123

Private
Messages
27
Few steps that you must follow to draw their attention to your issue,
Follow the suggested steps below:

If you deposited your money via credit card then contact the credit card customer care asap and ask them to file a chargeback.
Go to their website and invite them to here via Live Chat
Invite them to join this thread via email (Send an email to every possible address).

You will find their email and address https://www.vortexassets.com/en/contact-us

Also, Share your story as a review http://www.forexpeacearmy.com/forex-reviews/12781/www.vortexassets.com

You can also share your story on their social media pages mentioned below:

https://twitter.com/vortex_assets

https://www.facebook.com/vortexassetscom-352889305082099/
Thank you FX Master for these details and suggestions. I have sent Vortex Assets the thread details, though will be highly surprised if they bother to respond. They simply have way too much to hide.

Thanks again!
 

JJ123

Private
Messages
27
Why do I believe this? Read and you will know!

*Vortex Assets (VA hereafter) is registered in the Marshall Islands – a well-known locale for forex fraudsters and money laundering criminals. Obviously they have something to hide.

*In Singapore, they paid investors generous commissions for finding new clients – classic Ponzi scheme behaviour.

*VA is banned in some European countries (including Italy and Spain) due to their unregulated trading. It is illegal for a UK based brokerage company not to be regulated, and yet VA operate as an unregulated company.

*VA is linked to the notorious Aboretix Trading Limited – a boiler-house company linked to past scams and unscrupulous trading. Eg. First Capital Wealth Limited.

*VA’s talk of a VA credit card and the setting up of a VA office in Singapore, were further ploys to give the company credibility, yet none of these transpired.

*Google ‘Vortex Assets scam’ and you will find scam and dishonesty accusations directed to the company.

*VA claims their VTX Premium account has been operating since 2009. This is not possible since VA has only been registered since 23 March 2016. If the VTX is as successful as VA claims, the Internet would be filled with eight years’ worth of positive testimonies. There are none, only complaints

*The 'too-good-to-be-true' nightly trades are manipulated – to keep investors happy and entice new ones. This is easily accomplished through sophisticated software.

*Very few investors have received any significant withdrawals. I know none who have been successful in closing their Phoenix or VTX account.

*Suspicious Behaviour. I transferred funds into my trading account as three separate deposits. Each time, it was to a different bank account. The first transfer was to a Polish Bank. The last two were too different bank accounts in Hong Kong.

*The sudden trading losses in December (all software manipulated) were part of VA’s plan to cleverly pressure account holders to switch to the VTX Premium, amidst the promise of financial recovery and enhanced trading results. The urgent sales pitch stating the usual minimum investment of USD 500k was waived, just for December, was the hook VA used to snare dozens of us.

*I spent 10 weeks trying to get these clowns to close my VTX account (since mid-December, 2016). In turn, when they decided to reply to any of my emails, they kept telling me they were doing this when they weren't.
This is what they’ve been telling all of us. They are simply buying more time so to secure more worldwide investors, before their exposure and subsequent disappearance.

*VA has consistently issued excuses and delays:

i.‘Compliance’ Requirements Documentation. VA drew this out for weeks, to give an air of professionalism, but mostly to delay payments. This was despite investors producing passport and address proof, months ago, at the time of their deposits.

ii. Cancellations. A sudden cancellation of withdrawals for investors who transferred to VTX from Phoenix, who were originally promised profit withdrawals of 10%.

iii. Phoenix Accounts. Those closing these last year, who weren’t transferring to VTX Premium, continue to wait for their investments and profits, some 13 weeks later. It takes a mere 3 to 5 business days to process these transactions.

iv. Commission. Others are still waiting for their promised commission for introducing new clients to VA.

Vortex is an apt name for their company. All your hard earned cash will get sucked into a Vortex! It's also a prophetic name!.

Anyway, I could mention many other things, but I won't, suffice to say, VORTEX ASSETS IS TO BE AVOIDED AT ALL COSTS! They are a scam company, conducting an elaborate Ponzi scheme. RUN AWAY AS FAST AS YOU CAN! Only trust regulated companies and please do your homework.
 

FxMaster

Lt. Colonel
Messages
10,394
Why do I believe this? Read and you will know!

*Vortex Assets (VA hereafter) is registered in the Marshall Islands – a well-known locale for forex fraudsters and money laundering criminals. Obviously they have something to hide.

*In Singapore, they paid investors generous commissions for finding new clients – classic Ponzi scheme behaviour.

*VA is banned in some European countries (including Italy and Spain) due to their unregulated trading. It is illegal for a UK based brokerage company not to be regulated, and yet VA operate as an unregulated company.

*VA is linked to the notorious Aboretix Trading Limited – a boiler-house company linked to past scams and unscrupulous trading. Eg. First Capital Wealth Limited.

*VA’s talk of a VA credit card and the setting up of a VA office in Singapore, were further ploys to give the company credibility, yet none of these transpired.

*Google ‘Vortex Assets scam’ and you will find scam and dishonesty accusations directed to the company.

*VA claims their VTX Premium account has been operating since 2009. This is not possible since VA has only been registered since 23 March 2016. If the VTX is as successful as VA claims, the Internet would be filled with eight years’ worth of positive testimonies. There are none, only complaints

*The 'too-good-to-be-true' nightly trades are manipulated – to keep investors happy and entice new ones. This is easily accomplished through sophisticated software.

*Very few investors have received any significant withdrawals. I know none who have been successful in closing their Phoenix or VTX account.

*Suspicious Behaviour. I transferred funds into my trading account as three separate deposits. Each time, it was to a different bank account. The first transfer was to a Polish Bank. The last two were too different bank accounts in Hong Kong.

*The sudden trading losses in December (all software manipulated) were part of VA’s plan to cleverly pressure account holders to switch to the VTX Premium, amidst the promise of financial recovery and enhanced trading results. The urgent sales pitch stating the usual minimum investment of USD 500k was waived, just for December, was the hook VA used to snare dozens of us.

*I spent 10 weeks trying to get these clowns to close my VTX account (since mid-December, 2016). In turn, when they decided to reply to any of my emails, they kept telling me they were doing this when they weren't.
This is what they’ve been telling all of us. They are simply buying more time so to secure more worldwide investors, before their exposure and subsequent disappearance.

*VA has consistently issued excuses and delays:

i.‘Compliance’ Requirements Documentation. VA drew this out for weeks, to give an air of professionalism, but mostly to delay payments. This was despite investors producing passport and address proof, months ago, at the time of their deposits.

ii. Cancellations. A sudden cancellation of withdrawals for investors who transferred to VTX from Phoenix, who were originally promised profit withdrawals of 10%.

iii. Phoenix Accounts. Those closing these last year, who weren’t transferring to VTX Premium, continue to wait for their investments and profits, some 13 weeks later. It takes a mere 3 to 5 business days to process these transactions.

iv. Commission. Others are still waiting for their promised commission for introducing new clients to VA.

Vortex is an apt name for their company. All your hard earned cash will get sucked into a Vortex! It's also a prophetic name!.

Anyway, I could mention many other things, but I won't, suffice to say, VORTEX ASSETS IS TO BE AVOIDED AT ALL COSTS! They are a scam company, conducting an elaborate Ponzi scheme. RUN AWAY AS FAST AS YOU CAN! Only trust regulated companies and please do your homework.
Few steps that you must follow to draw their attention to your issue,
Follow the suggested steps below:

If you deposited your money via credit card then contact the credit card customer care asap and ask them to file a chargeback.
Go to their website and invite them to here via Live Chat
Invite them to join this thread via email (Send an email to every possible address).

You will find their email and address https://www.vortexassets.com/en/contact-us

Also, Share your story as a review http://www.forexpeacearmy.com/forex-reviews/12781/www.vortexassets.com

You can also share your story on their social media pages mentioned below:

https://twitter.com/vortex_assets

https://www.facebook.com/vortexassetscom-352889305082099/
 

JJ123

Private
Messages
27
Few steps that you must follow to draw their attention to your issue,
Follow the suggested steps below:

If you deposited your money via credit card then contact the credit card customer care asap and ask them to file a chargeback.
Go to their website and invite them to here via Live Chat
Invite them to join this thread via email (Send an email to every possible address).

You will find their email and address https://www.vortexassets.com/en/contact-us

Also, Share your story as a review http://www.forexpeacearmy.com/forex-reviews/12781/www.vortexassets.com

You can also share your story on their social media pages mentioned below:

https://twitter.com/vortex_assets

https://www.facebook.com/vortexassetscom-352889305082099/
Thank you FX Master. I have also submitted a Traders Court Case of FPA. Hopefully I can get some further advice, though I am highly doubtful that any money will be returned. Rats know how to hide!
 

FxMaster

Lt. Colonel
Messages
10,394
Thank you FX Master. I have also submitted a Traders Court Case of FPA. Hopefully I can get some further advice, though I am highly doubtful that any money will be returned. Rats know how to hide!
You are in touch with Winchargeback yet?
 
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