Scammers - Hall of Shame

Oh sorry!

Better kiss and makeup otherwise you won't have anyone to talk rubbish with on your prop firm delete thread.

If I may register somebody in the competition of "The fraudster of the year 2021" I would do register Muhammedfx, whoever he really is (he sometimes pretends being a woman like e.g. Maria Mahomedally, Hozeifa M Haji, and sometimes to be representative of (fake) "companies" like e.g. globaltechfx, and "germanyfx" and who knows how many of such fake identities he has created).
It's all lie.

https://www.forexfactory.com/thread/...2#post13836662

He sells "low risk trading signals". The signal strategy actually consists of hundreds of very small random trades, which Muhammed leaves running for months in hope the trade turns in his favor to gain some small, few pips, profit. It's actually very high risk strategy. Any of his "stringent" trades can easily experience -900 pips floating loss.
His accounts have never been in profit, speaking of which he is switching the accounts frequently in order his "strategy" looks better than in reality.

It's not coincidence Muhammed's thread about his "The best worldwide trading systems" is now inactive and disconnected from real account.
https://www.forexfactory.com/thread/...-system?page=5

Be ware where you are putting your money on.

Hello, good morning, I wanted to comment that recently I was scammed by the amount of $ 1000 by this guy called Trader0n, it is true everything you say he shows results of screenshots of his phone with incredible results. Unfortunately, when I saw those results I thought it was a master of the financial market but it really is not so this guy is a scammer
The business with him was that he passed me a test of a funding firm my forex funds, he asked me for an insurance fund of 1000 dollars and I agreed to his request, for which some day they have worked with funding firms, you know that To pass the tests you must meet certain rules such as not having floating and losses greater than 5%, the man lost the evaluation in 4 days I will attach screenshots of the calls and as they are all lost due to his bad strategy
By failing the test as a scammer, he blamed the funding firm for claiming that they have very strict rules, that is simply an excuse for a scammer.
decide to post it here to warn you of this scammer called TRADER0N please be very careful about sending money to this scammer

When he gave me the data to make the transfer, he sent me other people's data, these are the data where I deposited the 1000 dollars

Name of the bank : DBS Bank Ltd (DBS) DBSSSGSGXXX Beneficiary's name: Sim Lay Sun Beneficiary account number: 120-812843-0 Singapore

If someone could help me how to report this scammer in Singapore so that he no longer continues scamming
I leave you the image with the losses of this TRADER0N scammer that shows magnificent results from his cell phone

excuse me, my english is not my native language

If someone could help report this TRADER0N scammer in Singapore, it would be very helpful, so that he stops scamming people I have the name of the person and the account number where he made the transfer

Very sorry to hear such sad story.
I'm afraid there is only one option which is opening a dispute about unlicensed entity with "The Monetary Authority of Singapore".
Check I have a dispute with an unlicensed entity. What should I do?:

MAS does not have the authority to take action against entities or individuals who are not licensed or authorized by MAS to provide financial services in Singapore.
However, regardless of whether an entity is regulated by MAS, it is an offense to engage in fraudulent or deceptive business practices in Singapore.
If you have reasons to suspect that an unlicensed entity may have committed a criminal wrongdoing or fraud, you may make an online police report or email [email protected].
MAS strongly encourages consumers seeking financial services to deal only with financial institutions regulated by MAS. MAS aims to safeguard consumer interests by ensuring that only professional persons are allowed to provide financial services. If consumers deal with unlicensed entities that are not regulated by MAS, they forgo the protection afforded under laws administered by MAS.

Good luck man.

[quote = mcquak; 13839966] {quote} Lamento mucho escuchar una historia tan triste. Me temo que solo hay una opción que abre una disputa sobre una entidad sin licencia con "La Autoridad Monetaria de Singapur". Marque Tengo una disputa con una entidad sin licencia. ¿Qué tengo que hacer? : MAS no tiene la autoridad para tomar medidas contra entidades o personas que no tienen licencia o autorización de MAS para proporcionar servicios financieros en Singapur. Sin embargo, independientemente de si una entidad está regulada por MAS, es un delito participar en prácticas comerciales fraudulentas o engañosas en Singapur. Si tiene motivos para sospechar que una entidad sin licencia puede haber cometido un delito penal o fraude, puede realizar una denuncia policial en línea.o envíe un correo electrónico a [email protected]. MAS anima encarecidamente a los consumidores que buscan servicios financieros a tratar solo con instituciones financieras reguladas por MAS. MAS tiene como objetivo salvaguardar los intereses de los consumidores garantizando que solo las personas profesionales puedan prestar servicios financieros. Si los consumidores tratan con entidades sin licencia que no están reguladas por MAS, renuncian a la protección otorgada por las leyes administradas por MAS. Buena suerte, hombre. [/ Quote]
I appreciate your answer very much, I will try to communicate by email, to leave a presedent with this type of scammers such as TRADER0N
If someone else can help me, I appreciate your suggestion to report this SCAM TRADER0n

I am sure RedOctober was 100% correct about Ghostbiker.

I crossed this "NEW" thread from Ghostbiker showing off all his numbers so I wanted to ask him/her some
details, so when I went to post my questions I noticed I was blocked, do not know why but anyways

What he/she is doing is criminal, trying to find noobs that only get excited from profit is easy, we were all there
in the beginning, but the important questions are no where to be found in his/her post

1. Is this a live account that is traded? (DEMO and LIVE are a world apart)
2. How long have you been trading this strategy without fail? (Cause if it is for a couple of months it is worthless, days in history 31!!!! )
3. What is the DRAWDOWN? (It does not matter how much you make IF all the above is on track IF your drawdown is above 20%)
4. I see no link were an interested subscriber can examine the details, like an myfxbook link

Now if Ghostbuster knows that he/she does not have all the above and still is so excited like a noob to sell this and ruin other peoples life,
this is 100% criminal and Red is correct something has to be done.

BEWARE TO ALL FROM THIS SCAMMER THAT JUST OPENS A NEW ACCONUT ONCE HE/SHE BLOWS THE OLD DEMO
DO NOT FALL PRAY TO THIS

https://www.forexfactory.com/thread/...pert-advisor-i

Someone should post these questions on his/her thread so some will be protected.

Happy 2022 everyone!!!

You are absolutely right in what you say that these traders are looking for novice traders that we are excited to observe profit, when we do not know if these publications are from real accounts or demos also these scammers keep operations for a long time without caring about the DRAWDOWN I was scammed by TRADER0N The way this guy operates is shit but from experience you learn not to believe in this scam guy like the one who scammed my TRader0n

Agreed. Markets himself as a legit person, but is asking for decompiling software? If he was an honest developer who really created his own products he would not support such illegal things.

And what a stupid signature, so he's allergic to himself?

Sad to hear , i tried to warn everyone a long time ago, best advice i can give is report to the police for fraud, unfortunately scammers are rife on the internet , it is not just a FF problem.

Best practise is Read , Learn, Participate in the forum but never ever part with you hard earned money to a stranger.

Pip

[quote=pipfarm;13866580]{quote} Triste de escuchar, traté de advertir a todos hace mucho tiempo, el mejor consejo que puedo dar es denunciar a la policía por fraude, desafortunadamente los estafadores abundan en Internet, no es solo un Problema de FF. La mejor práctica es leer, aprender, participar en el foro, pero nunca entregar el dinero que tanto le costó ganar a un extraño. Pipa[/cita]

Unfortunately, from the mistakes one learns, it is from experience not to send money to anyone, but I would like to leave a precedent on this TRADERRON scammer and thus prevent more people from being scammed, apparently this scammer has disappeared, he does not appear even on telegram where he is communicate with me

Hello Traders, Has anyone used https://swissforexsignals.io/ ? I invested in their PBS system - their daily emails seem to reflect the profit in the wallet that they assign to the investor. So far good.

After a month, i have been asked to pay $5500 to upgrade. When i sent the payment through BitCoin from CoinBase and provided proof of funds transferred - including the BlockChain URL, they said they did not receive it. When i initially invested - i sent them in a similar manner and they received the funds.

What has been your experience with them?

Currently they continue to say that the funds i sent for upgrade have not been received but i continue to get a daily email with increasing profits in the "wallet".

I had also requested a withdrawal but they said that until i upgrade by paying $5500 they cannot send the profits. It feels counter intuitive that they cannot deduct the funds from the profit and upgrade my account.

They also say that the system is automated.

Any insights / positive experiences with https://swissforexsignals.io/ is greatly appreciated.

Thanks in advance.

Known scammer, say good bye to your $5,500.

Cheers.

You invested 5k in this??? Wow i worked my ass off to make 5% a month constantly for investors and someone just writes 140% a week, and people are like shut up, just take my money!

Well good luck with deposited money, you made someone very happy!

thank you for your response. The reason I took a chance is because using my Gann system I made 100% in 7 months. Back in January I made 38% and when the markets went down a few days ago I made about 50% in 2 days. This being said higher returns are definitely possible.

Ofcourse I am prepared for much larger drawdowns

My account size is small - about $1500.

I also have a syndrome called “Grass is greener on the other side”.

I should just stick to my system and grow it slowly but surely instead of imagining that there is someone out there who has the holy grail.

This is a good lesson learnt.

All,
Please share this unpleasant experience in as many ehatsapp and Facebook groups as you can to prevent other traders from falling for this scam.

thanks In advance.

I need to say that this thread is very good to read.

Tips how to avoid scammers:"No one will give you free money"

New FF indicator scam



Hello dear traders,

Forex Factory is the world's largest platform for retail traders and ranks 7,000th of all websites. This means that many people come to this website every day and use the free information that is primarily provided by the Impact Members. The demand for MT4 indicators is particularly popular with FF because it can save a trader a lot of time and money. On FF there are the best MT4 programmers in the world who have been making their indicators available to everyone for free for many years. On the open market, such indicators sometimes charge a few hundred dollars, although these indicators do not work as well as the indicators that you can download for free from FF. Very creative traders program helpful indicators every day and thus enrich many 1000 traders. I would also like to take this opportunity to thank everyone for this. I too have developed some indicators in the last 4 years (e.g. the Bionic candle: 20,000 downloads), which I basically make available to all participants free of charge.

Unfortunately there are people who don't make money trading and aren't creative to program indicators or EA's. They use the creative ideas of the FF programmers, steal their indicators to get rich from them. That is known.



Of course, such participants are discovered and blocked, but that doesn't solve the problem, because they continue where they left off. I want to show you an example of this.



From my point of view, an unprofessional hacker named FXEACRACKED downloaded several hundred indicators from Forex Factory, including those from Swingman, Cja, Sangmane, FX Sniper from me and many other traders. He presents it on his website, as if these indicators costs a lot of money. He sells these indicators himself and thus enriches himself with the ideas of the FF community. Interestingly, the indicators are not hacked either, but are offered exactly as they were published in FF. What I find perverse about this is that it gives the market the impression that these indicators cost money, even though we have made all of our indicators available for free.



Very interesting to think abaut.

The page states: Fxeacracked.com is a community site for sharing Forex trading tools for educational purposes only.

Exactly the customer buys stolen indicators that are available free of charge from FF and the operator enriches himself from it. That's called cheating in the legal system.

The page states: We also do not store any copyrighted files on our websites/servers and any linked content is only stored on third party websites.

Of course not, because that would also be punishable. Instead, the content is stored on a page to which the operator has access. Unfortunately, this is also a punishable offence.

The page states: Since freedom of expression is allowed in this industry, we do not trade in copyright infringement of any kind.

Freedom of expression is allowed, but not copyright infringement, which the operator is clearly committing here.



Can one put a stop to such scammers? Yes, and in principle that is very easy if you know something about the legal field and have the appropriate connections. First of all, it is about finding out to what extent FXEACRACKED has made itself punishable for copyright infringement. For this, the programmers on FF have to identify their indicators, which FXEACRACKED publishes on its website. Afterwards, test purchases are made in the presence of the judiciary (lawyer or public prosecutor), which provide an excellent basis for a conviction. The penalties for these offenses are very painful, especially when there are many accusers at the same time.

Basically, you get all indicators on Forex Factory for free and it should stay that way, so we all have to protect ourselves from such scammers in the future. Of course, after a scammer has been convicted, new scammers will automatically come along. But that's not an argument to spare a scammer. In addition, the programmers who provide their indicators for free here at FF have enough money. Otherwise they would sell their indicators. A class action lawsuit is always very cheap and costs the scammer a lot of money in the end.

Here you can find the indicators from Swingman, Cja, Sangmane, FX Sniper and me

https://fxeacracked.com/2021/07/29/b...orth-799-free/

Don't be deceived and inform the programmers or the admin of FF if you notice something. The rate of fraudsters is 0.33%, statistically speaking there are 2,000 fraudsters at FF. The admin of Forex Factory cannot protect us from this, but when all 550,000 members work together, the scammers have a much harder time.

PS: Duped scammers scold the loudest.

I wish you a nice day

Greetings Michael

Many modern traders do not understand the nature of an indicator. People like to use indicators to make decisions, determine different things in real time and even to provide signals or triggers. They are actually for research, testing and training purposes only. I have said this several times since joining this site. They can only delve from past to present but cannot "predict" anything. Only the person (the trader/investor) can fill in this blank. And so I am not surprised that there are scammers and that there are people who get scammed. But you cannot 'blame' someone for being a scammer or trying to be one. They are merely responding to a niche area of error in people and their "chosen" perception and opinions and ignorance. If people stopped being so naive and or cynical, they would see it all coming at them from a mile away and would simply step around its trapping net and move on. I have seen a scammer play the "blame/fault laying" game just as often as I've seen it played by the scammed person. Therefore we know that approach doesn't work. If a person was to begin with looking at the 'standard' indicators on any platform and familiarize themself with them enough, they could then arrive naturally at the conclusion I said earlier - indicators are completely misused by many traders and are highly misunderstood and are for indicative purposes only. They help the person to interact with the market through research, testing and review. These are essential for learning. Or, take the easy road and look for easy money. But whenever money is involved on this scale, there are lessons to be learned.

Scam artists are born out of the need to fill the hole in the situation, nothing more. It merely comes down to which scam artist gets to the bag of gold first.

So if you don't want to get scammed then grow up and learn to see the world in its totality, rather than being lazy and remaining naive and or cynical. That's what a child does until they learn and know better.


Happy trading and learning.


Peter

Better well chewed than badly invented


Hello dear traders,

Today I would like to show you another candidate, this time as a copycat, trying to use my name to bring his bad products to the unsuspecting trader. Copycats are so-called startups that imitate already successful business models and thus suggest that they are more successful than they actually are. Like other High Impact Members, I make my creative ideas and developments available to all traders at Forex Factory free of charge. If a copycat now appears under my name just to enrich itself financially with junk products, then I have a moral problem with it. For this reason, I would like to make this procedure of the copycat public, so that beginners in particular do not fall for such scammers.


After seven years of full-time trading, I started my first thread at Forex Factory in 2017. The English YouTube channel followed a year later and the German YouTube channel in 2020. The name Bionics did not come about by chance, but had a clear background. Bionic is based on the assumption that living nature develops optimized structures and processes through its evolutionary process from which humans can learn. The earth is almost 4.5 billion years old and during this time nature has developed incredible things that humans are already benefiting from today. A well-known example of this is Leonardo Da Vinci's idea of transferring the flight of birds to flying machines, or think of dragonflies and helicopters. The lotus effect was also brought into our lives by nature, things that clean themselves because no dirt sticks. The idea of transferring from biology to technology is the central element of Bionic. Anyone looking for a new innovation should always steal from nature.


In the past there have always been different candidates who have exploited the popularity of my thread: Equilibrium, the key to success to market their pointless products. This is simply because these people do not have any creative ideas themselves and therefore use the ideas of others.



Since I've been working in the forex market since 2009 and only focused on the big players and their algorithms, my first YouTube channel was created in 2018 with the name: Bionic Forex Algorithms. In 2021 there was a copycat named Pablo who named his website after it. There is nothing fundamentally wrong with that, because I didn't invent the name Bionics either. However, these are three terms: Bionic Forex Algorithms which are only used by the copycat to pretend seriousness and thus market its catastrophic products.


Interestingly, the copycat has 11 years of financial market experience as I do, and even teaches risk management and technical analysis to hundreds of students. I also knew someone who said he had 11 years of experience as a taxi driver. In the end it turned out that he only ever drove as a passenger in the taxi. But that also seems to count as experience. If we see the yields of the EA's, I rather believe that Pablo needs a few more lessons in risk management.


The real background is that if you type "Bionic Forex" into Google, my Forex Factory account comes up first and then my YouTube account. Since I haven't registered a trade because I'm only a full-time forex trader, I don't need a website, of course. The search bar now says “Bionic Forex Home” a little further down. This indirectly suggests that this is my homepage. A very smart move by Pablo.


Then let's take a look at his homepage on Facebook and Instagram. With great astonishment we have to realize that there is nothing in it. At least we can say that this is very professional. But there are also other Facebook pages. Pablo's website is a construction site and conveys anything but seriousness and professionalism. Take a look at the pictures and pay particular attention to the high-quality EDP system used to program these successful bots. The charts are also technically at a level that should actually deter even a beginner. You can take a look at the self-made website here.

https://www.bionicforex.com/



What is the Bionic Forex website run by a Brazilian named Pablo about? (Let's not hope that he has anything to do with Pablo Escobar.) The answer is simple, it's about EAs that are supposed to make millions to the customer. As expected, the EA is called: BionicForex. It only costs a whopping $30 a month. But this is not the only EA that is sold.


Let's take a look at the sensational returns these Bionic EAs are generating. If you look at the evaluations, you have to say hats off, because a return of -38% is a sensationally good performance. Considering that Pablo is an experienced programmer, he did a great job here. Maybe he even puts the customer in touch with a broker and will get money of the losses, that would explain everything.


In a YouTube video 8 months ago, he promises the customer a return of 13,600% in 5 years. The initial €1,000 becomes €740,000. I have no idea how he came up with a profit of 13,600%, because the return is 274.84%. Almost 4,000 people saw the video and 147 downloaded a demo EA. Maybe 10% of them bought this EA. I don't understand Pablo. If the EA does yield such returns, why is it making such an effort for €97? My advice, keep your hands off this EA, it's just a rip off. Here's the scare video.




The fact that the returns on the EAs are so bad is probably due to the Bionic Dog Bot, which only has one eye. Pablo probably thinks that a 38% loss isn't so bad for the Brazilians. What he must have forgotten is that there is a trader tax in Europe due to the ESMA conditions. This may even increase the loss again. Overall, it can be said that his EA's are a very good idea for entrepreneurs who still need a high loss allocation.

Conclusion:

As you may have seen, these very rogue EAs have nothing to do with Bionic Forex algorithms because these EA are perhaps constructed from a MACD and an RSI. I know some programmers who work with successful EAs, but these programmers would never sell their EAs. And the reason is quite simple, because they work. And you can guess three times why someone sells a supposedly profitable EA. In this respect, I can only warn you against buying an EA from Pablo, unless you like losses. Maybe Pablo will come up with the idea and develop a new EA, which may be called ATA, Davit or Hanover in the future. Hopefully not.

I wish you a successful week

Best regards, Michael