Problem recovering my funds from Globus Trading LLC

Quote from traderefe:

The thing is I'm in Canada not the U.S. so It's a Canadian issue not american. I'm trying to get a toronto and montreal paper interested on the story, but to no avail yet. Also there is a show in Canadian TV caled W5 on CTV im also trying to get them interested.

If other traders also being robbed by Alex and Larissa from Globus Trader would be interested in pursuing this, it would make it more viable.
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I think it is too small scale for papers or TV to be interested. Also they will not be able to understand what this form of proprietary trading is or why you gave these people money in the first place. To them, since no licensed broker was involved, it will sound like a failed investment scheme in which you were an active participant and therefore not innocent.

What took place here was the issuance of illegal unregistered securities by an unlicensed broker. It should quite straightforward to rescind it under existing law in Small Claims Court or you can talk to the securities regulators.
 
Quote from Tonkadad:

I definitely would not recommend you do anything as mentioned above. Take it into your own hands and it could be you sitting in jail, would it be worth it?
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Yeah, I totally agree. Don't damage any of his property. I would even add a step and not step on his property but wait for him and confront him. Hold a box with you and pretend like you're reading his name off it. Keep your cool by any means necessary.
 
Quote from traderefe:

The thing is I'm in Canada not the U.S. so It's a Canadian issue not american. I'm trying to get a toronto and montreal paper interested on the story, but to no avail yet. Also there is a show in Canadian TV caled W5 on CTV im also trying to get them interested.

If other traders also being robbed by Alex and Larissa from Globus Trader would be interested in pursuing this, it would make it more viable.
More...

Former Team Trading traders did the newspaper/tv route, it was a total waste of time. Even the Trader's Expo (where they ran their seminars) wasn't interested. All they did was end up adding more legal language in their advertising brochures, sort of a "buyer beware" caveat for attendees. Ya, whatever.

Keep monitoring to see if they have opened up a new LLC, and then keep hounding them for your funds at their new firm.

At some point it becomes a tradeoff between paying you back and enduring the negative publicity. This is how many of us in the Yahoo group got paid back our risk deposits.

The reason these type of schemes continue is the regulators seem to focus their attention on registered brokers and financial advisors, not on owners of unregistered LLCs.
 
The complaint at the BBB got them to give a response.
Larissa mislead by saying she never got a wire from me.
Partial truth since I made my deposit at their Montreal office with their Director of sales.
Don’t know if she’s aware or not but I got a receipt and an email confirming the opening of my account, so they have no scruples to throw their Director under the bus.
I also have a record of all the conversations with Larissa on Skype where she acknowledges my account number and asks me to send her my wire info. So she was well aware I was a client.
Waiting also for the response of the Ontario Securities Commission and Consumer Protection Agency.
 
Too bad other traders getting scammed don't take action with the BBB, OSC and CPA. It would benefit all of us if the agencies got bombarded with the same complaint against the same company all at once. We have nothing more to loose.
 
Quote from traderefe:

Too bad other traders getting scammed don't take action with the BBB, OSC and CPA. It would benefit all of us if the agencies got bombarded with the same complaint against the same company all at once. We have nothing more to loose.
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well, glad you are finally starting to make a little progress

good luck
 
Quote from traderefe:

The complaint at the BBB got them to give a response.
...Waiting also for the response of the Ontario Securities Commission and Consumer Protection Agency.
More...

It's good you're starting to get some traction on your complaint. Remember the OSC, just like the SEC, doesn't provide any status updates, even if they decide to take action. The OSC has the following disclaimer on their site:

"Regulators can investigate complaints about misconduct and possible breaches of Ontario securities law. Only very rarely are regulators able to get money back for investors as part of a regulatory enforcement action. We can, however, help you understand your options for any kind of complaint."

Keep up the fight and hopefully you'll get it resolved.
 
Sneaky crooks fled the nest

http://www.globustrader.com/index.html

Does anyone know the name of the new company they opened.

Seems its

http://translate.google.ca/translat...a=X&ei=_4uYUPOiKMPG0QGbnYHAAw&ved=0CCwQ7gEwAA

can anyone confirm if its them.

This time they didn’t put their names on the contact link page.

Crooks like them don’t just disappear into oblivion, they morph into other companies.

To lucrative to be able to steal so easily to just forget about the scam.

If at anytime, anywhere, you come across a person named Alex or Larissa Milrud, beware, they are definitely crooks. Be sure who the owners of the trading company are.
 
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