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Scammers - Hall of Shame

  • #2,381
  • Aug 21, 2017 12:08am Aug 21, 2017 12:08am
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Anyone trying to sell any system / signal / fund management service / coaching without showing proof of success in the last 3 years can be considered as scammers.(my opinion)
3 year period is the bare minimum period to understand stability and consistency of trading performance.

There are so many of them here in FF as well as in many other forex blogging sites.
When the going gets tough , the tough get going
  • #2,382
  • Aug 21, 2017 1:29am Aug 21, 2017 1:29am
Quoting profitfarmer
{quote} Um, i dont like scammers, and scamming, but i cant sit and not sort out a few facts in this post...feel free to disagree, but i think just fair to do! start from the signal: 35$/4 month...or at similar rate approx 100% a year...is that something bad? not! worst drawdown of approx 15% during a 4 months period, is that overly bad vs the return? not! 21$/ month subscription fee for signals with above result, is that overpriced? not! not having many subscribers for the first few month of a signal, is that unusual? not! the broker: instaforex...
I really appreciate your opinion, and completely understand your point of view. I was well aware of the facts that you have stated while writing my post to that scammer.

However, in my own opinion, and you may disagree with me as well, that the facts that you have stated would apply to any normal trader activity or a decent commercial member, but not this scammer.

Look at it this way, he is offering a 50,000 $ trading system with ' guaranteed ' profits, but he as the owner of such system, decided that it runs a 100$ cent account. In other words, the owner of such system who supposedly knows the system better than anyone else, could only risk 100$ on a cent account as a demonstration of a 'proof'. That's like offering a new overpriced prototype super car model with claims that it would beat any other car, but only tested at speeds up to 10 km/hr.

The simple fact that he is running an account with instaforex ( same as previous scammers we dealt/ are dealing with), makes his results questionable. Indeed his results seem to be great with a low DD, but most probably will bust as his other accounts already did in his previous threads with similar claims. He has 7 years experience as he claims in Forex, but only managed to have one good looking 4 months old 135$ cent account, well that's an improvement, yet not very promising. I am sure that many other traders (including myself) had better runs than him, yet you don't see many offers to sell 50,000$ trading systems.

Moreover, trading a cent account with low capital of 100$ is very different from trading a standard account with much bigger capital. He trusts his system to operate a 100 $ cent account, so I assume that's as far as his system could go, the 476 years of return actually makes some sort of sense despite how silly it may sound.

Finally, I really admire your unbiased statement of facts, and with facts only we can confront those frauds around here. We may have different point of views and analysis of such facts, but at the end we have one shared goal: to shame those filthy scammers before they could cause any damage. And I can safely assume that all of us are doing it voluntarily as individuals.

Also dukas_trader, you need to take it easy buddy, we might disagree with each other at some point, but we are all on the same team, the good team.

Time to move forward for other suspects guys.

Peace.
  • #2,383
  • Aug 21, 2017 6:05am Aug 21, 2017 6:05am
Quoting Rmk90
{quote} I really appreciate your opinion, and completely understand your point of view. I was well aware of the facts that you have stated while writing my post to that scammer. However, in my own opinion, and you may disagree with me as well, that the facts that you have stated would apply to any normal trader activity or a decent commercial member, but not this scammer. Look at it this way, he is offering a 50,000 $ trading system with ' guaranteed ' profits, but he as the owner of such system, decided that it runs a 100$ cent account. In other...
i take it easy, no point. but aider is like ghostbiker, exact same kind of person with same kind of trading. some cant see it because dont know who they are and how they produce this results, so i simple show it. i wrote in past so many textes with aider, when he always promised his 100% guerantted wins systems and always killed all account of all clients all the time.
  • #2,384
  • Aug 24, 2017 1:40pm Aug 24, 2017 1:40pm
Quoting analyst786
story is .. i said i have problem with skrill due to invalid password .. then after 2 days i said . yes problem has solved .. i am ready to deliver u strategy now . r u ready .. he replied no . we will do it tomorrow .. my question is if i was scammer then why i said i am ready to send u my strategy ..? plz be +ve and answer with honesty 2nd : plz say him to share the conversation ...and then decide what i said to him ? i gave him few signals too and he was happy with it say him to share conversation 3: i was connected with him...
hi buddy i read the whole conversation and i think logically u were correct that lisyah need to show more patience but ur commercial member and providing service so if u were not on time its a breech in ur commitment so u cant say how customer should react .its ur responsibility that if there is change in time u should inform him. so i think u have to give him his money back or at least teach him and complot the deal.
TO lisyah
BUDDY IT HAPPENS SOMETIME PPL GET STUCK IN SOME SITUATION AND NOT ABLE TO MANAGE TIME.
U SHOULD HAVE PATIENCE BEFORE TAKING SUCH SERIOUS ACTION WHICH SPOIL SOMEBODY'S IMAGE.
EVEN U MISUNDERSTOOD IN UR IMPATIENT BEHAVIOUR THAT HE BLOK U. FEAR AND GREED BOTH R NOT GOOD IN THIS INDUSTRY OR IN LIFE SO ITS GOOD TO APOLOGIES HIM IF HE GAVE U UR MONEY.
IF U DONT KNOW DOES NOT MEAN IT DOES NOT EXIST
  • #2,385
  • Aug 29, 2017 8:31am Aug 29, 2017 8:31am
A few words , more does not deserve, about scammer Forexengines , appropriate resident in Hall of Shame.

The company in which Forexengines operates is located in Byelorussia.

Forexengine's brokers are based in Cayman Island, Cyprus and Bermuda : FF members have already understood what I mean ...

Well, in one of his 8 threads, scammer Forexengines said:
" The robots we use are products of own intensive researches since 2008."

Well, he for 9 years (since 2008) earns 300% per year , and is he still here to beg a few money to FF members , like a ragamuffin ?
After 9 years at 300%, no Seychelles ? No wonderful women on goldes beach ? No Ferrari ? No : Forexengines is still here to try to cheat FF members.
But FF Community is now alerted.
  • #2,386
  • Edited 10:51am Aug 29, 2017 10:36am | Edited 10:51am
duxis write this in the thread of forexengines:

Quoting duxis
Nigerian scam forexengines is linked with Idorenyin Umoren (nigerian citizen) and KOMEKS TRADING SERVICE. https://www.mql5.com/en/users/comextradingllc http://comextradingllcscammer.weebly.com/
This is interesting!
I just discovered a correlation!
I have been a member and later observing this bad signal service, because I was not sure if this nigerian guy is just an unlucky trader trying to sell his signals, or a real scammer:
https://www.forexfactory.com/showthread.php?t=621129

His webpage is the following http://comexcapital.blogspot.de/#aboutus

You see?
We have "Comex Trading LLC" on one side, which is a proven scam
and "Comexcapital" on the other!
In both we find the word "Comex"...
But I don´t find any name of the owner on the site comexcapital

I wouldn´t be surprised if these are the same people, or even the same person!
  • #2,387
  • Aug 29, 2017 11:40am Aug 29, 2017 11:40am
Quoting redoktober
A few words , more does not deserve, about scammer Forexengines , appropriate resident in Hall of Shame. The company in which Forexengines operates is located in Byelorussia. Forexengine's brokers are based in Cayman Island, Cyprus and Bermuda : FF members have already understood what I mean ... Well, in one of his 8 threads, scammer Forexengines said: " The robots we use are products of own intensive researches since 2008." Well, he for 9 years (since 2008) earns 300% per year , and is he still here to beg a few money to FF members , like a ragamuffin...
Unfortunately in the world of forex there are a lot of innocent people who get lured by such scammers and loose their hard owned money. Hats off to people like you redoktober for alerting all of us from these scammers.
Your salary is the bribe they give you to forget your dreams
  • #2,388
  • Aug 29, 2017 11:44am Aug 29, 2017 11:44am
Quoting horvat
{quote} Unfortunately in the world of forex there are a lot of innocent people who get lured by such scammers and loose their hard owned money. Hats off to people like you redoktober for alerting all of us from these scammers.
Well said friend.
When the going gets tough , the tough get going
  • #2,389
  • Aug 29, 2017 11:53am Aug 29, 2017 11:53am
Quoting ricki72
duxis write this in the thread of forexengines: {quote} This is interesting! I just discovered a correlation! I have been a member and later observing this bad signal service, because I was not sure if this nigerian guy is just an unlucky trader trying to sell his signals, or a real scammer: https://www.forexfactory.com/showthread.php?t=621129 His webpage is the following http://comexcapital.blogspot.de/#aboutus You see? We have "Comex Trading LLC" on one side, which is a proven scam and "Comexcapital" on the other! In both...

Find us at https://www.forexfactory.com/forexengines and judge our "scam" and "fraud" there.
  • #2,390
  • Aug 29, 2017 12:02pm Aug 29, 2017 12:02pm
Quoting redoktober
A few words , more does not deserve, about scammer Forexengines , appropriate resident in Hall of Shame. The company in which Forexengines operates is located in Byelorussia. Forexengine's brokers are based in Cayman Island, Cyprus and Bermuda : FF members have already understood what I mean ... Well, in one of his 8 threads, scammer Forexengines said: " The robots we use are products of own intensive researches since 2008." Well, he for 9 years (since 2008) earns 300% per year , and is he still here to beg a few money to FF members , like a ragamuffin...

It takes years of hard labour to attain our achievements.

Judge our "scam" and "fraud" at https://www.forexfactory.com/forexengines
  • #2,391
  • Aug 29, 2017 12:08pm Aug 29, 2017 12:08pm
sure we all go....
ooops,
wait!!
the scammer banned all of us already??!!!
WTF!

see, equal opportunity would be you come here and tell us what is wrong about we are selling...um, actually we dont sell a thing...
then we go there to tell what we think about you are selling...but we are banned, just haveing a few hints what exactly think someone taking us for idiots showing all losing EAs as a winning service!

buy hey, it is a winning service in the end of the day, since you charge money up front " setup fee" for poor desperate losers, so, it is clear who has risk in the business if the promise doesnt work out, and who just profited still!!

yep, call that hypocratic transparency!!
there is always, always another trade!!
  • #2,392
  • Aug 29, 2017 12:21pm Aug 29, 2017 12:21pm
Quoting profitfarmer
sure we all go.... ooops, wait!! the scammer banned all of us already??!!! WTF! see, equal opportunity would be you come here and tell us what is wrong about we are selling...um, actually we dont sell a thing... then we go there to tell what we think about you are selling...but we are banned, just haveing a few hints what exactly think someone taking us for idiots showing all losing EAs as a winning service! buy hey, it is a winning service in the end of the day, since you charge money up front " setup fee" for poor desperate losers, so, it is clear...

Dear profitfarmer,

If you need spectacular view of "how" we "scam" and "defraud" our clients, please follow few stats on Darwinex at below links:

1) https://www.darwinex.com/account/L.3022
2) https://www.darwinex.com/account/L.3456
3) https://www.darwinex.com/account/L.4202
4) https://www.darwinex.com/account/L.4197
5) https://www.darwinex.com/account/L.4419
6) https://www.darwinex.com/account/L.4467
7) https://www.darwinex.com/account/L.4643
8) https://www.darwinex.com/account/L.4887

Please have sufficient patience to monitor these stats, so that you can boldly confirm our "scam" and "fraud" activities.
  • #2,393
  • Aug 29, 2017 12:29pm Aug 29, 2017 12:29pm
Forexengines , or whatever your name is , you have to resign yourself , you've been discovered and this is your destiny :
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  • #2,394
  • Aug 29, 2017 12:40pm Aug 29, 2017 12:40pm
Quoting forexengines
{quote} Dear profitfarmer, If you need spectacular view of "how" we "scam" and "defraud" our clients, please follow few stats on Darwinex at below links: 1) https://www.darwinex.com/account/L.3022 2) https://www.darwinex.com/account/L.3456 3) https://www.darwinex.com/account/L.4202 4) https://www.darwinex.com/account/L.4197 5) https://www.darwinex.com/account/L.4419 6) https://www.darwinex.com/account/L.4467 7) https://www.darwinex.com/account/L.4643 8) https://www.darwinex.com/account/L.4887...
Hi Forexengines,
I in your place wont be proud of the accounts which you posted. Half of them have more than 40-50% drawdown and the rest are in losses. As a investor why would anyone like to invest their money. I would personally get nightmares if i ever invested money in such accounts. Just try to put yourself in other people shoes and realise what we are saying. I think(which i dont wish) in a couple of months your rest of the account would be either blown or would be in negative territory.

I would personally invest my money if i ever had to with Profitfarmer instead of someone like you. Just check his TE and check what i am trying to say.
Your salary is the bribe they give you to forget your dreams
  • #2,395
  • Aug 29, 2017 12:45pm Aug 29, 2017 12:45pm
Quoting horvat
{quote} Hi Forexengines, I in your place wont be proud of the accounts which you posted. Half of them have more than 40-50% drawdown and the rest are in losses. As a investor why would anyone like to invest their money. I would personally get nightmares if i ever invested money in such accounts. Just try to put yourself in other people shoes and realise what we are saying. I think(which i dont wish) in a couple of months your rest of the account would be either blown or would be in negative territory. I would personally invest my money if i ever...

Please have patience to study and correctly interprete our statistics.

When market is rough (as during last four months of extremely speculated pressure on the USD), our robots honestly reflect these in their activities.

Our service is not for everyone; only investors / traders who have previously lost a lot of money in Forex can value our service.
  • #2,396
  • Aug 29, 2017 1:02pm Aug 29, 2017 1:02pm
Quoting forexengines
{quote} Please have patience
Hey scammer , until a few hours ago you banned all those who contradict you ( 11 FF members in 8 days ) and now you pray " Please have patience..."
Pathetic, really pathetic...
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  • #2,397
  • Aug 29, 2017 1:20pm Aug 29, 2017 1:20pm
Quoting redoktober
{quote} Hey scammer , until a few hours ago you banned all those who contradict you ( 11 FF members in 8 days ) and now you pray " Please have patience..." Pathetic, really pathetic... {image}
LOL @ patience

those poor losers who stick with the robots they paid for service in advance has no choice buy stay patience and IN THE LOSS!
i give you one, that this business model is great..FOR YOU ALONE!!

you get paid, win or lose, you have zero risk!
worst case, can always point for the robot who did this, and another account that might show a glimpse of hope, that see it is possible, but you were not patient.

IGNORING ALL, who question you...SCREAMS SCAM!!
there is always, always another trade!!
  • #2,398
  • Aug 29, 2017 1:23pm Aug 29, 2017 1:23pm
Quoting forexengines
{quote} Please have patience to study and correctly interprete our statistics. When market is rough (as during last four months of extremely speculated pressure on the USD), our robots honestly reflect these in their activities. Our service is not for everyone; only investors / traders who have previously lost a lot of money in Forex can value our service.
I dont need to study the stats because there is nothing to study. I had a look at your Myfxbook, all your accounts have massive difference between equity and growth and it wont be long before most of them get MC. You are trying really hard to sell your stuff but you yourself know there is nothing in it just losses. Maybe someone might invest out of naivety few hundred bucks, before realising the mistake. I am writing this out of my personal experience as i myself was scammed. There is no one i believe who makes profit in forex trading and the ones making wont be here selling anything. Just have a look at the TE of the live accounts. Most of them are micro or cent accounts who you wont find in a few weeks.
Your salary is the bribe they give you to forget your dreams
  • #2,399
  • Aug 29, 2017 1:42pm Aug 29, 2017 1:42pm
Quoting horvat
{quote} I dont need to study the stats because there is nothing to study. I had a look at your Myfxbook, all your accounts have massive difference between equity and growth and it wont be long before most of them get MC. You are trying really hard to sell your stuff but you yourself know there is nothing in it just losses. Maybe someone might invest out of naivety few hundred bucks, before realising the mistake. I am writing this out of my personal experience as i myself was scammed. There is no one i believe who makes profit in forex trading and...

Your humility and honesty deserves respect.

Our service is different from the "scams" and "frauds" you have seen out there. And it is not for few hundred USD.

When any of our clients (currently watching stats) can invest up to US$1mln in one of his accounts, we shall be pleased to make such stats available publicly at his permission.

At the moment, we would call it a day in responding to irrelevant comments.
  • #2,400
  • Aug 29, 2017 2:17pm Aug 29, 2017 2:17pm
Quoting forexengines
{quote} Your humility and honesty deserves respect. Our service is different from the "scams" and "frauds" you have seen out there. And it is not for few hundred USD. When any of our clients (currently watching stats) can invest up to US$1mln in one of his accounts, we shall be pleased to make such stats available publicly at his permission. At the moment, we would call it a day in responding to irrelevant comments.
Bla , bla ,bla & bla...only empty words.
Unfortunately for you scammer Forexengines , this is the truth, this is your sad reality :
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Aug 29, 3:12pm
All in deep LOSS .
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