• Home
  • Forums
  • Trades
  • News
  • Calendar
  • Market
  • Brokers
  • Login
  • Join
  • User/Email: Password:
  • 4:22pm
Menu
  • Forums
  • Trades
  • News
  • Calendar
  • Market
  • Brokers
  • Login
  • Join
  • 4:22pm
Sister Sites
  • Metals Mine
  • Energy EXCH
  • Crypto Craft
  • Story Log
User Time Action Performed
  • Court appoints liquidators at Forex broker BlackfortFX (Arena Capital)

    From leaprate.com

    A New Zealand court has agreed with BlackfortFX’s receivers from KordaMentha that the company should be liquidated. A New Zealand court today agreed with an application by KordaMentha, receivers of the assets of troubled Forex company BlackfortFX (Arena Capital Limited), and appointed liquidators at the broker. Under today’s legal ruling, Neale Jackson and Grant Graham from KordaMentha were appointed liquidators by the court under the Companies Act 1993. The decision is set to make it easier for funds to be released and for the compensation procedure to start. The broker is estimated to owe its 1,100 clients ... (full story)

  • Comments
  • Subscribe
  • Comment #1
  • Quote
  • Jul 24, 2015 7:26am Jul 24, 2015 7:26am
  •  Guest
  • | IP X.XXX.212.210
They were NOT brokers.
Just a PONZI

The receivers will be looking to reclaim some clients winnings!
 
 
  • Comment #2
  • Quote
  • Jul 24, 2015 7:29am Jul 24, 2015 7:29am
  •  Schminner
  • | Joined Jun 2007 | Status: Member | 180 Comments
"Those clients of the broker who have received sums dubbed as profits will have to promptly return the money to KordaMentha."

What about sums dubbed as losses?
Will those clients get it back?
It's a good thing I've already withdrew my profits of $10,000,000 and spent it all in one place.
 
 
  • Comment #3
  • Quote
  • Jul 24, 2015 7:36am Jul 24, 2015 7:36am
  •  stevespray
  • | Joined Feb 2009 | Status: Member | 1 Comment
I took all my profits and shovelled them straight into Alpari....
 
 
  • New Comment
  •  Guest
  • | IP XX.XXX.247.184
Join FF
  • Story Stats
  • Posted: Jul 24, 2015 7:17am
  • Submitted by:
     Newsstand
    Category: Forex Industry News
    Comments: 3  /  Views: 1,935
Top of Page Default Page
  • Facebook
  • Twitter
About FF
  • Mission
  • Products
  • User Guide
  • Media Kit
  • Blog
  • Contact
FF Products
  • Forums
  • Trades
  • Calendar
  • News
  • Market
  • Brokers
  • Trade Explorer
FF Website
  • Homepage
  • Search
  • Members
  • Report a Bug
Follow FF
  • Facebook
  • Twitter

FF Sister Sites:

  • Metals Mine
  • Energy EXCH
  • Crypto Craft

Forex Factory® is a brand of Fair Economy, Inc.

Terms of Service / ©2023