Trading couple for 3 years are harassed by UBS Bahamas, your help will bring victory

nonlinear5 said:
The story by OP reads like a cheap novella, where a boring plot is obscured by totally unrelated subplots with references to Hitler, Beatles, and numerous quotes attributed to historical figures, outlined in different colors and fonts for special effect. To appeal to the reader's sense of adventure, the plot is set in the Bahamas, and there are occasional illustrations of what Bahamas look like, which is apparently a place which has a lot of seagulls and kids.

I looked up the real story, and it's quite banal. Here it is. The OP took a loan from a bank to run a "trading business". Subsequently, the OP defaulted on the interest payments, and the bank now wants the principal back. End of story.

Reference: https://www.jcpc.uk/cases/docs/jcpc-2016-0052-judgment.pdf
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It is the end of your own version of our story, and this version is not true.
What has driven you to this conclusion? Where did you find the "real story" 0r maybe it is a weed growing out of your desire to hide from this cruel reality, to justify your indifference or maybe to justify your own loses, or maybe you are from the bank's side.
Have you made any profit on markets? Have you ever lived in a jurisdiction such as the Bahamas?
We have facts, which have not been heard in the court for three years, while we were thrown living in unbelievable hardship. Please, look at post 58.
It is injustice and sufferiung.
The higher ideals, holocaust surviviours, which is also my family story, J.Lennon" you are not only one' are helping us to survive. If there is little drop of desire for truth and justice inside of you, please, take time on our page - Legal proceedings, read our pleadings, our statement of claim against UBS, and then, sign the petition.
 
newwurldmn said:
Are you comparing you trying to default on a mortgage the same as surviving the holocaust?
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We did not default on the mortgage! Never!

To be accused without reason, to be judged without your facts, defense and cross-action to have ever been examined, to be thrown to live without even money for daily living, while you still possess seven figure assets (our resident status here prohibiting us from engaging in any profitable activity ), and even to have your electricity cut off. And when, after three years and JCPC favourable judgment you believe that finally you will be heard in the court, you are evicted, which never happened before, even here, as far as I know - it is the custom that once you have a valid appeal, even declared not hopeless by the same judge who gave order against you, all sides wait for the outcome.. then being thrown out in only two hours with promise to come tomorrow and to take only what we need for one night.. even two bags with school supplies of my homeschooling children were left till "next day". We were expelled with nothing.. and still denied to access home to pack for daily living, unless we obey and sign deed of release.
This is a Nazi-like way to behave.
This brings me to Dame Eva Schloss, and my mother.. how they hid for years, fearing capture.. millions of Jews were expelled under indifferent eyes of their neighbours... and so, this is a source from where our boys and we have the strength to go throw and to say: "we are doing better then it was in the thirties and forties". Please, sign the petition, it should finally move UBS to the court. It should stop them from throwing our belongings and our pets on Monday because we certainly will not sign their blackmail - deed of Release. Thank you.
 
CSEtrader said:
read our pleadings, our statement of claim against UBS, and then, sign the petition.
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I read your "pleadings". You made a foolish decision to trade futures with borrowed money, and now you lost everything that you had. ET forums are full of stories like this. Now that you are homeless with a half a dozen of kids to support, of course you are trying to find a way out. I hope you do.
 
CSEtrader said:

To be accused without reason, to be judged without your facts, defense and cross-action to have ever been examined, to be thrown to live without even money for daily living, while you still possess seven figure assets (our resident status here prohibiting us from engaging in any profitable activity ), and even to have your electricity cut off. And when, after three years and JCPC favourable judgment you believe that finally you will be heard in the court, you are evicted, which never happened before, even here, as far as I know - it is the custom that once you have a valid appeal, even declared not hopeless by the same judge who gave order against you...
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My GOD man, give it a rest!

 
nonlinear5 said:
I read your "pleadings". You made a foolish decision to trade futures with borrowed money, and now you lost everything that you had. ET forums are full of stories like this. Now that you are homeless with a half of dozen of kids to support, of course you are trying to find a way out. I hope you do.
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Not true. We lost nothing. You probably missed the part, that the executions were always late, and our claim to UBS in 2013 was $165,000.00? This was the beginning. I am sorry - you did not read our pleadings, you probably let your mind to drive you into the stereotype field. The fact is only one and is very simple - lit is second-grade math:
UBS's claim is four times less than the house value, our claim is nine times more than theirs. Let the court decide who is right. Why throw us out in illegal way and blackmail to sign the deed.
Let's assume you are right, so let 's go to the court and verify. All that we trying to accomplish is to go on trial. Where is the problem? The issue is simple, and we need your signatures in hope to move them and stop from the next harassment this coming Monday.
 
nonlinear5 said:
The story by OP reads like a cheap novella, where a boring plot is obscured by totally unrelated subplots with references to Hitler, Beatles, and numerous quotes attributed to historical figures, outlined in different colors and fonts for special effect. To appeal to the reader's sense of adventure, the plot is set in the Bahamas, and there are occasional illustrations of what Bahamas look like, which is apparently a place which has a lot of seagulls and kids.

I looked up the real story, and it's quite banal. Here it is. The OP took a loan from a bank to run a "trading business". Subsequently, the OP defaulted on the interest payments, and the bank now wants the principal back. End of story.

Reference: https://www.jcpc.uk/cases/docs/jcpc-2016-0052-judgment.pdf
More...

Default on the property would be the result of alleged fraud when dealing with UBS combining the fact that they took out a mortgage and at the same opened trading account with same institution in an offshore location.

To solve this one needs to think like a criminal.
The cause of a default has some connection to trading account and OP family had to have money to trade to begin with.
No offense to OP ,but to some degree i get an impression that they would be the kind of people that someone would attempt to take advantage of.

Did trades execute on the exchange?
Why there was a delay in reporting back those trades and extra charges?
Why the money was withheld?

If allegedly UBS bank employee in the Bahamas had intention to defraud this family would be ideal candidate.Large family with kids, trading that means someone needs to watch those trades and this insures that to pay off that mortgage there was one remaining adults who worked regular job.OK that pays the bills and if the trading fails they will default ,it's obvious.

An article not exactly favorable about the law firm representing the bank

https://www.bahamaslocal.com/newsitem/1996/Bahamas_bank_sued_in_relation_to_Madoff_fraud.html
https://www.bahamaslocal.com/newsitem/1996/Bahamas_bank_sued_in_relation_to_Madoff_fraud.html
I said think like a criminal so i will end with same theme
If allegedly trades were not executed properly and caused the loss or not executed at all,because let's face it majority of traders lose, they get to keep the money and the house
You basically prey on the weak ,not on the strong

I give OP to some degree benefit of the doubt,because some guy showed up and had very keen interest to write negative posts on this matter, what a coincidence!


@CSEtrader

If you genuinely were treated unfairly in your trading and at the same time held a mortgage you need to get the ball rolling about the trades,since you claim trading made money.
And from a link below it appears that UBS in Bahamas has their regional HQ in New York which might be of help for you.

Client Complaints
To help improve the service we provide, we are interested in hearing your feedback. If you have general comments or complaints, please write us at:

UBS Financial Services Inc.
Client Relations
PO Box 766
Union City, NJ 07087

https://www.ubs.com/us/en/wealth/ContactUs.html
most importantly write here to top brass
make sure you address to them in person and send individual certified postal letters.

Our U.S. Headquarters

Visit our New York Location

1285 Avenue of the Americas
New York, NY 10019
212-713-2000

https://www.ubs.com/us/en/wealth/DirectionstoOurUSHeadquarters.html

Tom Naratil
is President Americas and President Wealth Management Americas (WMA) and a member of UBS Group AG's Group Executive Board.

As regional president, Mr. Naratil is bringing together the firm's best-in-class resources, talent and capabilities to create and sustain success for UBS's clients in the Americas.

https://www.ubs.com/us/en/wealth/about_us/exe_committee/tomnaratil.html
 
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