BigOption.com Review

I received a mysterious call today from a person representing a company that goes by the name of 'Mizio' with a website mizio.cc The phone call was registered as coming from Prague, Czech Republic, while I am from East Africa. This company I was told are consultants tasked with the job of recovering peoples' funds lost with "BigOption' in the past years.
They take you to their colorful website and walk you through the registration and then the verification process. On the website, you log in and will be shown a substantial amount of funds in both US and BTC and told that they are yours and were hidden from you by 'BigOption.com' who were investing your seed all these years. THEN, they will ask you to very your new account with mizio.cc and ask you to send them $100 through credit card or btc or bank wire in order to let you access this amount. I found this to be ridiculous and a cheap way to bait small people to part with $100 in the hope of getting thousands later. So scammy.....I need to table it for you guys to take caution.
This phone number used was +420 234 688471 purportedly from Prague?

As many of us know now, BigOption.com was all a scam. However, the owner and others involved have been arrested and tried in a Federal Court.

Here are different articles about it.

The owner, Lee Elbaz was arrested in September 2017.
https://www.timesofisrael.com/fbi-arrests-israeli-binary-options-ceo-as-she-disembarks-el-al-flight-at-jfk/

Here is her indictment.
https://www.justice.gov/criminal-vns/file/1115941/download

She was brought to trial in a Federal Court in Maryland.
https://www.justice.gov/criminal-vns/case/lee-elbaz

She and others were found guilty.
https://www.justice.gov/opa/pr/former-ceo-israeli-company-sentenced-22-years-prison-orchestrating-major-international-binary

She was ordered to pay 28 Million in restitution.
https://www.justice.gov/criminal-vns/case/lee-elbaz/update

Here is the Victim Impact Statement:
https://www.justice.gov/criminal-vns/file/1207416/download

Some of us may not see any of the money we lost, however if you can spread this to others so they know about it would benefit all of us. If Your Address is different from when you first got involved with BigOption.com, you will need to let the courts know your new address as they will not try to find you. Good Luck to All of Us.

I traded in 2014 but was not allowed to take my winnings only small profits . the trades are being manipulated. Decide to stop as they trade for you even not authorised to and purposely loose all your deposit. They have aggresive brokers and pressure investor to take trades that are loosing.

I discovered : https://www.timesofisrael.com/us-jails-israeli-binary-options-fraudster-lee-elbaz-for-22-years/

Lee Elbaz was the owner fraudster of Big Option !

Ther website is gone for now. can't even retrace the history.

Theres a caller called and said he is from goverment to refund the money invested now hold by escrow account. Anyone has this experience? Sometimes is unknown caller, UK number or other countries even china number. I consider it as spam and scam. If anyone managed to get back their money do share.

I have been trying to withdraw my funds from Bigoptions since July 3 2018. My requests are acknowledged but no refund is forthcoming. They don't provide credit card withdrawals anymore, only wire transfers which require approval from their "finance department". I have reached the conclusion that they have no intention of refunding my money. They hope I will just give up.
Geoff

Hard to deal with this Bigoption.
Asking for refund back my money via email but they seem to be ignored it.
Such a Big Liar.

Dec 7, 2016 - 2 Stars Their Reputation still below PAR.
Clients start showing unsatisfaction of their services.
They even cannot send their representative to defend or answer their wrongdoing or by assuming nothing happen to them.
Even I did send email to them that I want to closed my account and want to withdrawal my account balance 141USD but seem to be they felt reluctant to accept my request. Maybe they scared they might lost their customer?

I was invited by my contact in Singapore to deposit in this option. Johnathan Copper called me later and explain there are hedge fund model which give 17% fixed monthly and trading model that can give up to 50% monthly. Needless to say they will always push for higher deposits.

I choose the trading model and Roger Wilson attended to me. I tried with a 10k and got profits around 7k within a week, I also tested withdrawal of 1k and got the money to my credit card in 5 days. So as usual again, they push for me to get an VIP account, I topup 40k to expect VIP results.

I have a few major lost of more than 30k, the trader then top up using bonus stating VIP have security. It continue to go down and I feel I should not trade with this brokerage anymore.

I wanted a withdrawal also because I need to settle my credit card bill, but they delayed and give me so many excuses. Luckily I saw some comments online before saying the account manager will deliberate empty your account so I changed the password.

Once they know I am going to withdraw, no support nor reply is given from them. This is the worst binary option brokerage I came across and if anyone thinking of going in, think twice.

Big Option? More like Big Mistake.
You will figure that out when you want to withdraw.
GOOD LUCK GETTING YOUR MONEY BACK.

Hello everybody, I have read some reactions about fraudulous activities by Bigoption, and certainly by Peter Thomspon. I was 2 weeks ago also a victim of this criminal. He forfeited 8.500 usd with the laddersystem while he cancelled my withdrawal. Despite we had negociated the withdrawal approval on the Phone because I had reached my turrnover. The best thing that I could do is complainting by http://www.gmlitigationassistance.com/nl/index.html. This is a dutch site, but they offer also assistence in deutsch and French. I did it also. When we all, as victims of BigOption and, other victims you know, complaints by this organisation, there will be a very big chance they will open an investigation. We can easilly find at least 10 victims, enough for this organisation to open an investigation. There are offering juridical assistence, so we can devide the costs between the victims. Please send me an email to chrisdecoster@telenet.be to get more information, please don't hesitate!!! Those criminals must be stopped.

!!DO NOT TRADE WITH BIGOPTION- FRAUDELEANT COMPANY- MANY BAD REVIEWS ONLINE- UNREGULATED-USING ROGUE AGGRESSIVE AGENTS!!
The above statement is based on my experience- please see below
On 16/5/2015: I signed up with BigOption ACC #335375 which is registered a trading business registered by a company called BIG MARKETS MU LTD located in the UK/England.

On 18/5/2015: I deposited $250 US 530

On 19/5/2015: I requested the withdrawal of my funds after reading some bad reviews and practises by BigOption.

Please see the following links:

http://www.forexpeacearmy.com/public/review/www.bigoption.com
BinaryOptionsBlacklist.com
http://www.binaryoptionsthatsuck.com/review/bigoption-suck/
http://www.fxempire.com/
http://www.binaryoptionsblacklist.com/scams-research/
https://www.insolvencydirect.bis.gov.uk/ExternalOnlineForms/CompanyComplaint.aspx
http://www.ripoffreport.com/r/Big-Option/internet/Big-Optionnbsp-Investors-Beware-Online-Binary-Option-Broker-Expo
http://www.binary-optionsbroker.com/bigoption-review/
http://www.fxempire.com/binary-options/bigoption/review/
http://www.scamadviser.com/check-website/bigoption.com

On 19/5/2015: I received an acknowledgement of my withdrawal request and was told that I required to speak to someone before the withdrawal could be authorised.
On 20/5/2015: I received a call from Jerry Gallo who talked me into placing 9 trades valued at US $250, luckily 8 trades were successful and I was in credit of approximately $229. Despite this, I requested a withdrawal of the remaining funds who stated that he required my PASSWORD in order to proceed with the withdrawal. He stated that I could only withdraw a minimum of $200 (US) and the withdrawal would take 48 hours to process.
On 22/5/2015 : 48hrs had passed and I had not received my withdrawal of $200 US . I checked the Bigoption platform and to my disbelief there was a trade placed for $200 on 20/5/2015 12.45am..aproximately 45 mins after I had spoken to Jerry. The trade was a loss and therefore wiped my account to just .25 cents

Bigoption require an authorisation form for their agents to place trades of behalf of their clients- I did not authorised this nor did I authorise for Jerry to do so.

On 23/5/2015: I requested Bigoption to investigate this matter and filed a complaint.
26/5/2015: I received an email from Bigoption indicating that they had investigated the matter and “I have done the needful, the needful will be done to compensate you”.
Despite this email on the 26/5/2015 stating that I would be compensated, I never receive the $200US from bigoption. On 3 or 4 occasions I was advised that the matter was still been investigated and on 2 different occasions stating that I will not be able to withdraw my funds I have $.25 left on my account??
It was illogical and unimaginable for me to have requested a $200 withdrawal one minute and then risk it all by placing one single trade for $200.
19/6/2015: last contact from Bigoption indicating that the matter was still been investigated.
I contacted my Visa merchant who conducted an investigation into the matter- and thankfully was credited the $200 back into my account.
I would STRONGLY advise on anybody trading or risking their money with BIGOPTION- there are many many bad reviews and stories about their practises and fraudulent staff- Specially Jerry Gallo. I once had one of their staff (Eric Martin) tell me that “Bigoption would simply pay-off the company’s should I leave reviews on the internet”
Id like to say to Eric Martin- im sure the 12 reviews I have left regarding my experience about bigoption will cost your employer more than $200!!
Im just thankful I did my research and stopped my self from giving any more money to this pathetic excuse for a company

I came to BigOption via the German Binary SCAM Robot (33% winning ratio in my statistics, at least far from break even). Beeing a noob, I took the bonus and therefore locked my money. Anyways, at least I wasn't enough of a noob to loose it all, and having switched off the Robot, my account is slowly recovering now.

BUT...

Last week, the Robot activated itself again and placed 2 Trades on my behalf.

I immediately contacted support, which was a bit of a disappointment:


Agent Tue, 09/01/15 03:44:58 pm UTC Hello SP. How may I help you?

SP 03:46:02 pm I have 2 Trades in my account that I didn't open. I want to know if these come from the "German Binary Robot" and I want these Trades to be made undone asap!
End of day
USD/JPY and AUD/USD

Agent 03:46:51 pm Please give me a moment while I locate your account in our database.

SP 03:46:59 pm ###

Agent 03:47:55 pm http://www.germanbinaryrobot.com/members/system/
Please contact on the above to get the robot deactivated

SP 03:48:32 pm I deactivated it a year ago and changed my password!

Agent 03:48:34 pm It is a third party and we do not have any control on it

SP 03:48:41 pm Any other explanation?

Agent 03:48:44 pm I can see it is activated

SP 03:49:00 pm WTF?! Stop working with these scammers!!!!

Agent 03:49:13 pm Please contact them for any complain

SP 03:49:25 pm Can you please block this bot from my account?

Agent 03:49:36 pm Please hold let me see what I can do

SP 03:50:04 pm They won't be able to undo these trades. At least it looks like 1 winner, but it's still a net loss

Agent 03:51:43 pm Note that I have just deactivate the robot for you

SP 03:52:18 pm Thank you. I just logged in and saw it deactivated. The opened trades don't show up there
Can you confirm that they opened the trades?
How can I make sure that they never open a trade in my name again?

Agent 03:57:31 pm As it is deactivated, I can assured you that they will not be able to activate it again as long as you do not authorize

SP 03:58:32 pm Then one question remains: How did they gain access today? I didn't even log in for months. It was deactivated!
I mean, if they did this today, why shouldn't it happen again in the future?

Agent 03:59:26 pm Well I can assured you that as I have emailed them personally

SP 04:00:23 pm Ok great. I will send me this Chat transkript if I get any trouble in the future again. Last question: Any chance you cancel these 2 trades?

Agent 04:01:10 pm Please hold on.

SP 04:08:25 pm Hi! The German Binary Scambot activated itself today (I haven'T logged in with them for like 6 months!) and placed 2 Trades in my acount (end of day). I hate letting these run because I'm not a Gambler and I don't understand the logic behind these trades - in short: I wouldn'Ät have taken them. Any chance you cancel these?

Agent 04:09:40 pm Kindly note that the trades can be sold.

SP 04:10:09 pm Sure, but this would mean taking a loss
At least I guess. One is in the money and one almost at the money

Agent 04:11:20 pm You can wait that it expires.

SP 04:12:38 pm Without understanding the trade setup, 25% chance to loose 50$, 50% to loose 5$ and 25% to win 40$
I would prefer to undo this. If you can't or aren't allowed, it's okay. I just would like in wrinting, that German Binary Robot will never be able to place a trade on my behalf
Ok. I was able to close it with an acceptable loss. Can you confirm that German Binary Robot is closed out from my account forever?

Agent 04:17:07 pm Please hold on.
Kindly note that it has been deactivated.
It will not be placing trades on your behalf.

#End of the chat

So I'd rate the BigOption Support a very generous 3 Stars out 5 for their support, but then there is still this scambot.

If I was the broker (assuming a serious one!), I would have stopped making business with these Scammers immerdiately, blocking all access to my clients accounts, but the German Binary Robot is still around!

More than that, I would bet my account on a CALL on the "BigOption and German Binary Robot" is run by the same people.

This is my Email conversation with the German Binary Robot support:

Me:
Some days ago, your Bot must have reactivated itself and placed trades in my account. I demand, that you completely delete my account. For comparison: My BigOption account number is ####

Them:
Please kindly contact the broker directly regarding this matter

Me:
I already did, however I can still login to my German Binary Robot account. I request you to delete this account as a confirmation that no trades will be placed in the future. If you ask me to contact the Broker to delete an account that is held by German Binary Robot, I must assume that BigOption and German Binary Robot are the same.

So if you are BigOption, better delete this access asap, or I will forward this to forexpeacearmy.com

Thank you and have a nice day!



So think about it: The Broker tells me, that I must complain with the Scammers. The Scammers tell me, that only the broker can delete my account with them...