Forex Scams

Those who know me know my PET HATE is Forex Scams and the scammers behind them preying on newbies.

I have posted FOREX SCAMS in my thread but that detracts from the teaching so I am starting this thread to EXPOSE the SCAMS and SCAMMERS

Sadly, I will start out with exposing AminAS who was once a student on my thread.

This is a 20 years old guy who had the "Get Rich Quick Mentality" and while he grasped (or seemed to grasp), PASR trading, he never could CONTROL his PATIENCE and DISCIPLINE and more importantly, his GREED emotions.

He disappeared from the thread and in a reply to my PM asking of his whereabouts he told me he could not make money quick enough trading the daily charts so he dropped down to trading M15 charts. That was not fast enough for him either so he dropped down to trading M5 charts. Well that turned out to be REAL FAST because he promptly blew a few trading accounts!

That was him finished with forex until he popped up the other week professing to be a forex expert and selling various scams to my thread base!

This is what he has been sending out: (I have taken out the name and correct link).

Stay well away from this SCAMMER and anything he sends or does!

Hello Friend,

As you know, there's a few days left before Forex Commander rises
and takes control. In case you don't know anything about it, keep
an eye on the blog at http://www.forexscam.com/blog

Since I believe in the profit capabilities of this product with all
my heart and considering the fact that I've labored over this
product for at least 8 months, I would like to see this product
become one of the best selling Forex products on the market today.

Ideally, I'd like every single trader in the world to know about
Forex Commander. This is what I want to achieve and this is my goal.
I want Forex Commander to be a complete Internet Success and for
that, I'm going to need all the help I can get before the launch on
October the 8th.

To this end, I'm asking for your help Friend.

If you can publish positive or neutral information/comments about
the Forex Commander launch on any website, established blog, forum
or publication, I'll do something for you in return.

In other words, you scratch my back and I'll scratch yours.

I got in touch with my old mentor (Abe Cofnas) and I struck a deal
with him. Currently, he sells a book for $89 called "Trading to Win".

I've got a physical copy of this book on my shelf and it is packed
with useful information. To find out a little more about this book,
you can see the relevant page on his website at
http://www.learn4x.scam.com/training.php

I've arranged for you to get a free copy of this book via a PDF
download in exchange for your help with spreading the word about
Forex Commander.

To get this book, simply write a review or make a comment on an
established blog or make a forum post with useful, constructive or
helpful information.
If you're going to make a forum post, make sure you do so at a
trading forum. I believe this will help inform the masses of the
launch.

Whatever you do, please do not spam. I will not honor my end of
the bargain if you do that.

Once you've made your comments, just email me and let me know
where. I'll check it out and if everything is in order, I'll send
you the link to download "Trading to Win".

2/3rds of the book contains fundamental information which you can
use to analyze the market (fundamentally) and a third of the book
is devoted to technical analysis. There's stuff in there which
nobody else talks about.

It's worth a read when you have the time.

There's plenty more stuff to come until launch day so stay tuned.

Amin



Lentrica
12 Harlton Court
Waltham Abbey
EN9 3DZ
UK

Not content with his forex scam, he then sends out a money scam to my thread base:

Again, the names and links have been changed.

Notice now in this SCAM that he declares himself "out of forex" but, wait a minute, his previous SCAM said he was doing well with it.

Just shows that this SCAMMER is not clever enough with his LIES!

Hi friend,

Long time no hear!

If you still remember me, I should let you know (in case you didn't know already), I'm out of the FX business altogether.

I took account of my lifestyle and wanted to shift it in a different direction which is what I'm currently doing.

I'm looking at ways of making a residual income rather than having to work for a living - such as daily trading. I'd rather set something up and then forget about it and yet, have it bring a stable income for years to come.

If you know of any such opportunity, let me know.

Anyhow, the purpose of writing to you today is at the request of a friend of mine - Martin Burns.

He has this course in which he teaches people to make £15,000 per month (that's about $23,000 per month). It's a step-by-step system.

He has had some great reviews and very positive outcomes by the people who bought the course.
I know from his previous dealings that his information is first class.

He's so sure about his product that he's even offering to PAY YOU if it doesn't work. Now, that's an irresistible offer because you just cant lose!

On top of this deal, he also has a guarantee. Together with the product, he is offering FREE MENTORING to a limited number of people. He says that there are about 20 free mentoring slots remaining and he doesn't expect them to remain for long.

Whether you're interested or just intrigued, it's worth checking out his offer at:

http://www.sendmeyourmoney.com/AS

Won't cost much either,

Hope this helps,

Amin

Lentrica, 12 Harlton Court, Waltham Abbey, Essex EN9 3DZ, UNITED KINGDOM

Hi Strat love your stress free trading thread. I don't, in all honesty think you have room on this site for all the scams you've no doubt already come across and no doubt will still do so. But good effort and we should all contribute as things come to light. Over the last couple of years or so I've even got to the point of forgetting the ones I've been stupid enough to subscribe to. The one thing I did learn was only to buy things that used clickbank as their money exchange as they have and do honour a 30 day moneyback guarantee no questions asked. Keep up the good work.

Alex

Deposit with Brokers who accept credit cards, this way you can file a chargeback upto 6 months later. By which time, you'll hopefully have tried a few withdrawals.

Lmao...what guy puts their address down as well...but yeah tons of scammers in E. London

Any guru that makes loads of money trading but then wants to charge you a nice fee to teach them to trade or access some private forum, this sets of alarm bells.

What if no credit card? Credit history is bad.

bump

I guess we should teach you for free!

Jam

I also have username AminAS but I am not the scammer. The description though is shockingly close to my description (dropped from daily's and blew accounts, am 20 yrs old, was a student of Strat's). I wonder if my account was hacked

Update: Checked posts on my account. None are from the scammer

The Forex Commander Amin is Amin Sadak a.k.a. Jetheat on various other forums.

Just posted on my website:

Speaking of SLIMY, SLEAZY people who prey on unsuspecting Forex wannabes, I saw this a while back- reminds me of SLIMY, SLEAZY Simon Cowell!

This guy should be shot, hung, drawn and quartered and his balls fed to rabid dogs!

Mr Singapore - he is a fellow country man and in your neck of the woods (Singapore) - do you know him?

How I wish he would bring his circus to Southern California!

http://www.powerupcapital.com/

http://www.forexpeacearmy.com/public/re ... profit.com

It sickens me to learn of Trading Scammers. Some are so obvious they are laughable, others are less so. And those scammers most successful at it parade themselves on FF first or such forums, to gain 'popularity' as knowledgable traders, gaing vouchers before sucking people in to their web of deceit and lies. We have had Jacko who was very successful at scamming people over a very long period and making thousands of $$s in the process.

Recently I have heard of another. Its our very own Jag1966

With vouchers from the likes of these FF forum mmbers:
Vantage, medici, supremeChaos, trade price, matlobien, calderone, DutchAngel, eyevoltage, Razor_trader, chonchy, shahab8b, T@rantula, tradoholic, smjones, Dhb, Saxon, golferfx, highway, samer960, Rufus, Auron112, reflex, Monroe, Pipalicious, Dredding82, frankkn, MaryJane, seagreen, silverheat, Mr Breakout, dcginc, eaglestar, Hova, Trotty, nhen, bluesteele, luxinterior, Custos

With his videos on youtube masquerading as 'traderteacher'...any noob would have been easily fooled by this low life scum and some fooled enough to give up to £10K of their money to learn how to trade. I discovered that he had ripped people of for tens of thousands of ££s recently by chance after going through some of my subscribed youtube channels.

If you have been ripped off by this guy you should take legal action. Do not slack on this. These people need to be brought to justice.

See link for scam details: http://www.forexpeacearmy.com/forex-...r-con-man.html


Here are his details:

DARRYL GISBURN BYWATER

Address

SUNNYRIDGE
PARKWAY DRIVE, SONNING
READING
BERKSHIRE
RG4 6XG


Information

Date Of Birth: Oct-1962
Age: 50 Years
Nationality: BRITISH
Country of Residence: UNITED KINGDOM
Occupation: WEB DESIGNER

He was involved with another company that was set up which had this address which may also be worth checking out:

Hinxwell Ltd


DEWMEAD FARM NEW INN ROAD
HINXWORTH
BALDOCK
HERTFORDSHIRE
UNITED KINGDOM
SG7 5HG

I foolishly bought the Ichimoku Cloud EA thinking I could save myself all these hours in front of the screen and their website looked very professional. They guaranteed that if I couldn't make the purchasse price back after one month they would give me a refund. How could I lose?

Lose I did. This thing lost money faster than water flows over Niagara Falls - (the Horseshoe Falls not the American Falls) - I documentsed it fully and gave them this at there request. They needed to have a "quick look" at it.

Funny thing was that when I requested a refund they didn't know that it had lost money over that time period. It seems to me that if it was such a money maker that they would know this because they had it running on their own accounts.

Anyhow, they reneged on the guarantee and I'm forced to get my credit card co to fix this.

I'm presently looking into Strats other thread to trade the daily charts.

Forex Indicator | Best Forex Signals
http://forexindicator.org

This load of tripe was sent to me by a pal of a pal of a pal asking me for my opinion.

I read everything including all the BS padding and Marketing hype and then challenged him on his $425 profits buying a position on one EURUSD M15 candle which was already short.

All I got was email auto responses promoting his ""Binary Trading Course" and , WAIT FOR IT, he has a $0 cost, 100% winning guarantee providing you follow his instructions and requirements!

10 days went by and NO REPLY so I re-sent my challenge and his email auto-responder sent an email showing ""17 Consecutive Winning Trades Taken on EURUSD""





Thinking I must be missing out on this ""Binary"" revolution, I again checked all these trades and all were LOSERS.











Had I the interest, I would take him up on his ""120% refund policy"" but since he is in a 3rd World Country, doubt this will ever happen.