Found out I was scammed, do I have options to get my money back?

It's good to have a healthy dose of skepticism. Having said that, would you buy an expensive item from eBay or at Amazon without any credible reviews or a high seller reputation? Would you close on a house with an estate broker who has sold nothing so far or has no established credibility? It's like with everything in life. That should not make you suspicious of everything but alert to do some basic research.

SimpleMeLike said:
I am sorry for your loss Make Dough Repeat,

This is horrible. Can't trust nothing out here in the trading world I see. Its best to just go with NinjaTrader or another well known establish broker. The scam broker target newbies with little capital and little knowledge.

That is very sad, give people Demo accounts when they send their trading capital. Sigggghhhhh, man, this makes me cautious of everything.
More...
 
Was this firm in the states or out of the country? If in the states, contact the IRS as they would most likely get them on the Ricco Act and few other Tax laws am sure, if out of the country, little recourse. Hint: if it isn't in USA, another reason of not going offshore.

Sorry that happen.
 
Overnight said:
Sorry to seem like I am coming down hard on you. Just always, ALWAYS, read the fine print. ALWAYS! It is like reading the manual of a new item you purchase, whether it is a blender or a car. ALWAYS RTFM. It will save you headaches.
More...

I dunno...I never RTFM for my blender or vacuum cleaner...been running fine for past 4 years. I also never read most of IB's disclosure statements. I just figured that if they pulled some crazy s**t, I would have heard about it by now.
 
Make Dough Repeat said:
Here is the email
More...

Reading that email should have sent out red flags. The grammar, punctuation or lack thereof and more. 'We "got" your trader agreement' -- 'After you "make" the wire' -- 'Let us know if you still "miss" some information' -- No periods at the end of sentences. I wish you the best but any trader needs to research a trading firm thoroughly prior to signing any agreements and funding an account.
 
I think if investor face scammed company they will disappointed because losing money, in my view 3000$ is big amount money, so usually if test broker only use small capital or money that afford to lose
 
radex78 said:
I think if investor face scammed company they will disappointed because losing money, in my view 3000$ is big amount money, so usually if test broker only use small capital or money that afford to lose
More...
Contacted the SEC and sent them all the scam broker documents, agreements, etc. It apparently was a pretty sophisticated scam and hit a lot of people hard.
 
Make Dough Repeat said:
Contacted the SEC and sent them all the scam broker documents, agreements, etc. It apparently was a pretty sophisticated scam and hit a lot of people hard.
More...
It's already over right? Why are you stirring it up now? I assume all settled out and finalized.
 
You must log in or register to reply here.
Back
Top