BSI Capital accounts frozen

No luck so far, they are stalling.
At this point a little coin might be better than nothing.
Don't seem to have the PM and email configured by adminstrator to get back to anyone
 
This just popped up on my gmail.

I have been meaning to contact you. Those theives have 2k of mine. I've written it off but would love to squeeze them for a $1 back if I could get it.

Let me know how I can help
 
At the time, the funds were being held in a local Boca Raton Bank of America...nobody I know was debriefed after the Bank of Belize took possession of the funds after the company was sold. I guess they forgot to inform their traders about these little details.
 
dealmaker said:
How is it that assets being held in Belize did not raise any red flags when you were initially joining the firm?
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Probably the fact that most of the deposits were for less then 5k which the traders decided that it was worth the risk.
 
Clint said:
Probably the fact that most of the deposits were for less then 5k which the traders decided that it was worth the risk.
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Accepting what you have said then the matter is not worth discussion,
simply the risk did not return a reward...
 
dealmaker said:
In that case why are they convening and discussing the matter in depth on ET, as you said $5k is a paltry some and risk did not pay off...
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Well according to us the risk did not pay off..., perhaps they had a 5k base account in there, if they were real traders with a good method of trading intraday they could have easily been sweeping the account biweekly. If they did that for a year with no problems getting money out, maybe they made 90k( random number) profit, but lost their 5k-10k deposit, while it would not be fun to be bamboozled out of your deposit, according to the numbers it would have been worth the risk.


I don't knock them for convening on ET since this is a traders website, and possibly one of the only places they could meet up.
 
Clint said:
Well according to us the risk did not pay off..., perhaps they had a 5k base account in there, if they were real traders with a good method of trading intraday they could have easily been sweeping the account biweekly. If they did that for a year with no problems getting money out, maybe they made 90k( random number) profit, but lost their 5k-10k deposit, while it would not be fun to be bamboozled out of your deposit, according to the numbers it would have been worth the risk.


I don't knock them for convening on ET since this is a traders website, and possibly one of the only places they could meet up.
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I knock them for not valuing their hard earned $5k more, BELIZE should have been a red flag...
 
So what exactly happened here? I thought Belize Bank froze and seized their account. But are you saying Belize Bank somehow took possession of the funds from a US bank? And where does the sale of the firm come into play?


futureview said:
At the time, the funds were being held in a local Boca Raton Bank of America...nobody I know was debriefed after the Bank of Belize took possession of the funds after the company was sold. I guess they forgot to inform their traders about these little details.
More...
 
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