FX United Review: $300 to $10,000 CGAT forex
FX United Review: $300 to $10,000 CGAT forex
Feb.25, 2016 in MLM Reviews
There is no information on the FX United website indicating who owns or runs the business.
A New Zealand "certificate of incorporation" for the entity "United Global Holdings Limited" is provided on the FX United website, however the relationship between the two companies is unclear.
The incorporation certificate shows that United Global Holdings Limited was incorporated on the 23rd of May, 2014.
The New Zealand address provided on the certificate is also used by numerous other businesses, suggesting it’s little more than a rented mailing address. As such, FX United would appear to exist in New Zealand in name only.
Two Directors are listed on the certificate, Rujina Begum and Priscila Lamoste Lustre.
A UK address is provided for Begum, which once again is used by a number of businesses. A residential address in Queensland, Australia is provided for Lustre.
Rujina Begum is also a listed Director for something called United Gateway Asia Limited, a former New Zealand corporation struck off in December last year.
Of the two listed Directors, Begum (right) is likely running FX United. Her name appears as the listed owner of the FX United website domain, which was first registered on October 15th, 2006.
The domain registration was last updated on August 12th, 2014, which is likely when Begum obtained it.
On her LinkedIn profile, Begum refers to herself as a "compliance officer" for Rational FX.
Rational FX is a foreign exchange business operating out of London.
Read on for a full review of the FX United MLM business opportunity.
The FX United Product Line
FX United has no retailable products or services, with affiliates only able to market FX United affiliate membership itself.
The FX United Compensation Plan
The FX United compensation plan sees affiliates deposit $300 to $10,000 on the expectation of a ROI.
Purportedly this ROI is generated through foreign exchange, specifically "capital gain auto trading" (CGAT).
CGAT investments are made via a twelve month contract, with affiliates paid a 30% deposit bonus.
Affiliates can withdraw funds before twelve months for a fee (3%), but only if the balance in their account is 150% of what they initially invested.
FX United also charge a 1% month fee on every affiliate’s fund balance.
Referral commissions are paid out on ROIs paid out to recruited affiliates, via a unilevel compensation structure.
A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):
If a level 1 affiliates goes on to recruit new affiliates of their own, they are placed on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.
FX United cap payable unilevel levels at five, with commissions paid out as a percentage of the ROI affiliates on these levels receive:
- level 1 (personally recruited affiliates) – 12%
- level 2 – 4.5%
- level 3 – 2%
- levels 4 – 1%
- level 5 – 0.3%
Joining FX United
Affiliate membership with FX United is free, however affiliates must invest at least $300 in order to participate in the income opportunity.
Conclusion
Whenever I come across a forex MLM opportunity, they’re always particularly vague about who’s running the show.
You get a generic looking website, generic sounding company name and a whole lot of confusion.
FX United is no different, and I can’t think of any legitimate reason for it to be registered in New Zealand, when it’s quite clearly being run out of the UK. Ditto why somebody in Queensland, Australia, is listed as a Director.
To me that just screams something dodgy is going on, either on the trading side of things or potentially money laundering. A lot of that could probably be ascertained by disclosure of where FX United keep deposited funds, but that’s not disclosed on their website.
What you’re left with is a questionable scheme that’s asking for thousands of dollars, on the promise of ROIs you don’t really know the origin of.
The deposit bonus sticks out as pretty suss, with FX United seemingly creating money out of nothing.
The way I see it, if they are able to offer a 30% deposit bonus on funds invested, why don’t they just take a small loan out, do whatever it is they’re doing and turn it into millions?
Why bog it down with a 30% liability on every dollar invested and five-level deep referral commissions that almost double the forex ROI liability?
Makes no sense to me.
The sum total of all of this is an opportunity that comes off as pretty suss. You don’t really know who’s running it, from where, or what they’re doing with your invested funds.
That’s not smart business, making FX United an opportunity you should probably stay clear of.
204 Comments on "FX United Review: $300 to $10,000 CGAT forex"
- K Chang
Feb 25th, 2016 at 11:04 am K Chang(Q)
Feb 25th, 2016 at 11:04 am K Chang(Q)
- Or where are they doing the trading and thus, licensed… Nothing about that either.
At least OptionsTrader made up some random ****.
At least OptionsTrader made up some random ****.
- Feb 26th, 2016 at 9:42 pm (Q)
- Its a mega scam my and I will give the full details on the following later:
Platform they are using/their local adressess, names of IB, their bank account no, how it originated from Belgium n brought to NZ and finally how they got connected to local scammers – mainly 3 well known serial mlm and networking scammers, publish their SSM certs/office addresses and their photos for the whole world to see who these culprits are.
There are many more details that I will b sharing in my next post. Mr blog owner, you can email me and I can forward u all the evidence.
Platform they are using/their local adressess, names of IB, their bank account no, how it originated from Belgium n brought to NZ and finally how they got connected to local scammers – mainly 3 well known serial mlm and networking scammers, publish their SSM certs/office addresses and their photos for the whole world to see who these culprits are.
There are many more details that I will b sharing in my next post. Mr blog owner, you can email me and I can forward u all the evidence.
- Paulene
Feb 27th, 2016 at 3:40 pm Paulene(Q)
Feb 27th, 2016 at 3:40 pm Paulene(Q)
- Hey Shah, why is this a scam? I’m thinking of investing. Do you know someone who has lost money?
- K Chang
Feb 27th, 2016 at 5:53 pm K Chang(Q)
Feb 27th, 2016 at 5:53 pm K Chang(Q)
- A better question: is this company authorized to accept investments from YOUR country?
In general, forex investment needs to be licensed… by the country it is soliciting in. And this is rarely done by "international" companies.
A similar op, "Maxim Trader" had its assets seized in Hong Kong. It claimed to have a New Zealand license, incorporated in Seychelles… but was NOT licensed to operate in Hong Kong.
financemagnates.com/forex/regulation/hong-kong-regulator-freezes-maxim-capitals-assets/
So, where does that leave FXU? That I leave up to you.
In general, forex investment needs to be licensed… by the country it is soliciting in. And this is rarely done by "international" companies.
A similar op, "Maxim Trader" had its assets seized in Hong Kong. It claimed to have a New Zealand license, incorporated in Seychelles… but was NOT licensed to operate in Hong Kong.
financemagnates.com/forex/regulation/hong-kong-regulator-freezes-maxim-capitals-assets/
So, where does that leave FXU? That I leave up to you.
- littleroundman
Feb 27th, 2016 at 7:09 pm littleroundman(Q)
Feb 27th, 2016 at 7:09 pm littleroundman(Q)
- Paulene: Do you know someone who has lost money?
- If your due diligence consists of "If nobody has lost money yet, it can’t be a scam" I’m predicting major losses in your near future.
- Mar 6th, 2016 at 1:23 am (Q)
- Hi Pualene, this company called FX United does not exist and it only exist as an online domain name.
The scam is directed to Malaysians and run by local scammers in collaboration with United Global Holdings Ltd New Zealand and this clearly show that there are no relationship between this 2 entities.
Another person who is named as a director of UGHL NZ is Brian Johnson and he was in Malaysia recently for their annual dinner and he was potrayed as the General Manager of FX United Asia.
I was invited for the dinner and just smelled something fishy is going on and started doing my research. That is when I found out 90% of their traffic comes from Malaysia and the money are deposited to the individuals whi calls themselves Introducing Brokers.
This IB’s have multiple Malaysian bank accounts where the money are deposited. This IB’s are conducting a system similar to the local bank which is accepting deposits and facilitating withdrawals. In Malaysia this is definitely against the law.
UGHL NZ who they claim is the company behind FX United does not exist in 228 Queen Street Auckland and I hv photographic evidence that it is empty and available for rental. The best part of it is, there are 83 companies registered at the same adress.
One more thing that you need to really know is that it is only active in Malaysia and run by local scammers who are well known in the MLM industry and are also serial scammers.
Do you know that this IB’s are earning RM100k to RM350K per mth. Please sit back and do a simple maths you will realise that a lot people are going to be "Madoffed".
They claim that due to its origin and registration on overseas, they do not need the central banks license and they are hoodwinking innocent people.
Another important matter is that they are using MT4 platform which is created specially for FX United and known as FX United Client Terminal, as such the whole operation of the client and administration are controlled by the fraudsters.
My question is why arent they using the original MT4 platform?
And with regards to their claims that they are backed by more than 20 Liquidity Providers are just ludicrous because my findings have shown that there are no LP’s who are backing them. Their claim that LMAX is their LP is purely a bullshit, a call to LMAX shows that its a lie.
I came across a company operating this scam by the name FX United Power team and found out that it is operated by someone by the name Pandeyan Maruthamuthu under a company called FX United Power Sdn Bhd, a check with registrar of company shows that this company does not exist.
Upon further probing, this company has close to 10 bank accounts taking deposits from the investors.
So Paulene, please beware because Bank Negara Malaysia is already investigating this company and very soon the whole Mega Ponzi and Scam going to be exposed. SO BEWARE AND STAY AWAY FROM THIS SCAM.
Lastly, a formal complain was lodged with Scamwatch Australia with regards to this scam and a report has been made to High Commission of India with regards to these scam and the name and passport numbrs of these scamsters.
So nye for now, in my next post i will give more information about how this whole scam started and who are the people behind it and how an online Hawala system was created to bypass and cheat the banks and how it is now misused to cheat the general public.
I will name each scammers from NZ, UK ànd Malaysia- their whereabout, home adress, family background and every single details about these scammers so that in the event their scam is busted by the regulatory body, the victims knows where to find them.
So Malaysians please stop being ignorant and stupid and do a little bit of research and please stop being greefy and gullible.
MY DEAR FRIENDS, BELIEVE ME ITS GOING TO BE THE NEXT BIGGEST SCAM IN THE HISTORY OF MALAYSIA. GOOD NIGHT AND MAY GOD GUIDE YOU AND GIVE YOU WISDOM TO SEE WHATS RIGHT AND WHATS NOT.
Paulene do know in this kind of Mega and well articulated scheme the losses does not happen sporadically but more like a Tsunami whereby the whole bunch of ignorant and greedy lot going to get screwed all at once.
The scam is directed to Malaysians and run by local scammers in collaboration with United Global Holdings Ltd New Zealand and this clearly show that there are no relationship between this 2 entities.
Another person who is named as a director of UGHL NZ is Brian Johnson and he was in Malaysia recently for their annual dinner and he was potrayed as the General Manager of FX United Asia.
I was invited for the dinner and just smelled something fishy is going on and started doing my research. That is when I found out 90% of their traffic comes from Malaysia and the money are deposited to the individuals whi calls themselves Introducing Brokers.
This IB’s have multiple Malaysian bank accounts where the money are deposited. This IB’s are conducting a system similar to the local bank which is accepting deposits and facilitating withdrawals. In Malaysia this is definitely against the law.
UGHL NZ who they claim is the company behind FX United does not exist in 228 Queen Street Auckland and I hv photographic evidence that it is empty and available for rental. The best part of it is, there are 83 companies registered at the same adress.
One more thing that you need to really know is that it is only active in Malaysia and run by local scammers who are well known in the MLM industry and are also serial scammers.
Do you know that this IB’s are earning RM100k to RM350K per mth. Please sit back and do a simple maths you will realise that a lot people are going to be "Madoffed".
They claim that due to its origin and registration on overseas, they do not need the central banks license and they are hoodwinking innocent people.
Another important matter is that they are using MT4 platform which is created specially for FX United and known as FX United Client Terminal, as such the whole operation of the client and administration are controlled by the fraudsters.
My question is why arent they using the original MT4 platform?
And with regards to their claims that they are backed by more than 20 Liquidity Providers are just ludicrous because my findings have shown that there are no LP’s who are backing them. Their claim that LMAX is their LP is purely a bullshit, a call to LMAX shows that its a lie.
I came across a company operating this scam by the name FX United Power team and found out that it is operated by someone by the name Pandeyan Maruthamuthu under a company called FX United Power Sdn Bhd, a check with registrar of company shows that this company does not exist.
Upon further probing, this company has close to 10 bank accounts taking deposits from the investors.
So Paulene, please beware because Bank Negara Malaysia is already investigating this company and very soon the whole Mega Ponzi and Scam going to be exposed. SO BEWARE AND STAY AWAY FROM THIS SCAM.
Lastly, a formal complain was lodged with Scamwatch Australia with regards to this scam and a report has been made to High Commission of India with regards to these scam and the name and passport numbrs of these scamsters.
So nye for now, in my next post i will give more information about how this whole scam started and who are the people behind it and how an online Hawala system was created to bypass and cheat the banks and how it is now misused to cheat the general public.
I will name each scammers from NZ, UK ànd Malaysia- their whereabout, home adress, family background and every single details about these scammers so that in the event their scam is busted by the regulatory body, the victims knows where to find them.
So Malaysians please stop being ignorant and stupid and do a little bit of research and please stop being greefy and gullible.
MY DEAR FRIENDS, BELIEVE ME ITS GOING TO BE THE NEXT BIGGEST SCAM IN THE HISTORY OF MALAYSIA. GOOD NIGHT AND MAY GOD GUIDE YOU AND GIVE YOU WISDOM TO SEE WHATS RIGHT AND WHATS NOT.
Paulene do know in this kind of Mega and well articulated scheme the losses does not happen sporadically but more like a Tsunami whereby the whole bunch of ignorant and greedy lot going to get screwed all at once.
- Bob Li
Mar 7th, 2016 at 12:34 pm Bob Li(Q)
Mar 7th, 2016 at 12:34 pm Bob Li(Q)
- Hi All …. very interesting investigative work. How does one verify the company is a genuine brokerage firm?
I too enroll in an oversea brokerage firm based on friend’s recommendation. These are legitimate trades (I hope) as we are trading equities.
However back to the same basic question – hoe to differentiate between a genuine firm form a fraudster like FXUnited.
Cheers
I too enroll in an oversea brokerage firm based on friend’s recommendation. These are legitimate trades (I hope) as we are trading equities.
However back to the same basic question – hoe to differentiate between a genuine firm form a fraudster like FXUnited.
Cheers
- Bob Li
Mar 7th, 2016 at 12:36 pm Bob Li(Q)
Mar 7th, 2016 at 12:36 pm Bob Li(Q)
- Shah …. you have done your homework well. Why are you holding back from naming the scammers? Is it because it could backfire and made you liable for defamation? I guess its will be difficult to prove until shit hits the fence.
Keep up the good work.
Cheers
Keep up the good work.
Cheers
- K Chang
Mar 7th, 2016 at 2:30 pm K Chang(Q)
Mar 7th, 2016 at 2:30 pm K Chang(Q)
- Bob Li: hoe to differentiate between a genuine firm form a fraudster like FXUnited.
- A genuine one is licensed to operate in your country, at the minimum. If they can’t even manage that, they CANNOT be legitimate.
Furthermore, even ones that may be licensed somewhere can be fake, and some even steal legitimate company’s credentials, merely rewrite them slightly to sound legitimate.
Overseas means you are NOT under protection of your laws. If anything happens, it’s unlikely ANYONE will be held accountable. You would be totally on your own.
Furthermore, even ones that may be licensed somewhere can be fake, and some even steal legitimate company’s credentials, merely rewrite them slightly to sound legitimate.
Overseas means you are NOT under protection of your laws. If anything happens, it’s unlikely ANYONE will be held accountable. You would be totally on your own.
- Alex L
Mar 9th, 2016 at 1:21 am Alex L(Q)
Mar 9th, 2016 at 1:21 am Alex L(Q)
- I did invest in it and it has never failed to pay what it promised. It always top up the capital whenever its EA lose money – 6 times already – 6 times top up is so unlike a scam company.
Anyway, scam or not, I am not worried. I have got my money back in less than a year. Even my friends who went in were told the caveat:"invest only your spare money; don’t cry if this possible musical chairs stop". So no issue for us!
If any of you are scared to go in; don’t! Let us with "titanium balls and boobs" profit from it (maybe lose). However, overall, we win because we know how to play the game!
Anyway, scam or not, I am not worried. I have got my money back in less than a year. Even my friends who went in were told the caveat:"invest only your spare money; don’t cry if this possible musical chairs stop". So no issue for us!
If any of you are scared to go in; don’t! Let us with "titanium balls and boobs" profit from it (maybe lose). However, overall, we win because we know how to play the game!
- Alex L
Mar 9th, 2016 at 7:27 am Alex L(Q)
Mar 9th, 2016 at 7:27 am Alex L(Q)
- ….after all, what is forever (other than diamonds)?
No offence meant, but I say that the above report is full of inaccuracies and misunderstandings.
I, being one who is fully immersed and wet in the game, knows that 150% point is misunderstood – it refers to an entitlement of trading profits and nothing to do with withdrawal of capital.
With the "rule of the game", we all know that it is as good as: "we might as well be content with 28% of broker’s fees and forget about even smelling the trading profits (or losses)!" After all, let the golden goose have something to eat (keep its profits) and survive.
Back to "nothing is forever", tell me: how long does an average company last? 1 year? 3 years, 10 years? Answer: 90% of companies fold within 5 years! Are you expecting this company to be around forever? You’re not so naive, are you?
So the wiser move is: make (hopefully not lose) some big cash flow while the opportunity is available and spread it out to other passive income investments available. It’s a full time career to "preserve your wealth" and that’s exactly what I am doing as a full time investor! If I don’t look after my wealth, who will?
And I am currently guiding 230 people how to "mind their own business (wisely)!" Anybody want to learn from me?
No offence meant, but I say that the above report is full of inaccuracies and misunderstandings.
I, being one who is fully immersed and wet in the game, knows that 150% point is misunderstood – it refers to an entitlement of trading profits and nothing to do with withdrawal of capital.
With the "rule of the game", we all know that it is as good as: "we might as well be content with 28% of broker’s fees and forget about even smelling the trading profits (or losses)!" After all, let the golden goose have something to eat (keep its profits) and survive.
Back to "nothing is forever", tell me: how long does an average company last? 1 year? 3 years, 10 years? Answer: 90% of companies fold within 5 years! Are you expecting this company to be around forever? You’re not so naive, are you?
So the wiser move is: make (hopefully not lose) some big cash flow while the opportunity is available and spread it out to other passive income investments available. It’s a full time career to "preserve your wealth" and that’s exactly what I am doing as a full time investor! If I don’t look after my wealth, who will?
And I am currently guiding 230 people how to "mind their own business (wisely)!" Anybody want to learn from me?
- Mar 27th, 2016 at 7:53 pm (Q)
- Hi Private Investor,
You may refer to forex100 broker review sites for more info. We are a group of scam busters based in U.S and we do not deal with anyone directly.
For your information a formal complaint was lodged in New Zealand Financial Market Authority for conducting brokerage without a Derivative Issuer Licence. We shall wait for their reply and see whats the next course of action.
You may refer to forex100 broker review sites for more info. We are a group of scam busters based in U.S and we do not deal with anyone directly.
For your information a formal complaint was lodged in New Zealand Financial Market Authority for conducting brokerage without a Derivative Issuer Licence. We shall wait for their reply and see whats the next course of action.
- Mar 27th, 2016 at 8:03 pm (Q)
- Bob li,
Simple answer- verify whether they are regulated, if its not rhan stay away from them. Example- if its a NZ company it need to have a Derivative Issuers License from Financial Market Authority and if its Australia than it needs ASIC license, simple.
So when they tell you a FSPR registration is enough, dont trust them
Simple answer- verify whether they are regulated, if its not rhan stay away from them. Example- if its a NZ company it need to have a Derivative Issuers License from Financial Market Authority and if its Australia than it needs ASIC license, simple.
So when they tell you a FSPR registration is enough, dont trust them
- Dezter
Apr 11th, 2016 at 12:26 am Dezter(Q)
Apr 11th, 2016 at 12:26 am Dezter(Q)
- Shah, interesting facts and data you have collected regarding about FxUnited operations and etc… I wish to join and really want to join FxUnited because of its high return (144% p.a) and willing to loan money just for it…
Tell me, in a 3rd world country where income is ridiculously low, and money is the main needs to survive, how to make more money??
I’m no longer referring to FxUnited but how to earn more money? I’m a UK graduate and earning less than 3k monthly…
Tell me, in a 3rd world country where income is ridiculously low, and money is the main needs to survive, how to make more money??
I’m no longer referring to FxUnited but how to earn more money? I’m a UK graduate and earning less than 3k monthly…
- Apr 11th, 2016 at 6:04 am (Q)
- @Dezter
Tell me, in a 3rd world country where income is ridiculously low, and money is the main needs to survive, how to make more money??
Move.
And this isn’t the place for personal financial advice, so don’t ask.
Tell me, in a 3rd world country where income is ridiculously low, and money is the main needs to survive, how to make more money??
Move.
And this isn’t the place for personal financial advice, so don’t ask.
- May 2nd, 2016 at 2:45 pm (Q)
- As long as they are paying, if you want to get involved, just gamble what you are willing to gamble, say 10k. Many of us have lost more than that in the freaking stock market but yet everyone is still trading stocks like it is some big shit and like it makes you a man.
Yet when companys like FX United comes up and have been paying their dues diligently, but yet everyone is still so sceptical. Stop thinking too far and just jump in if you have the balls or stay out and dont even bother to investigate and create fear.
Your only gamble is untill you regain the ROI of the investment that you chose to put in. After that put that ROI away and let their money make more money for you till they get busted, close down, run away or whatever.
Thats the small risk that you take till you get back your ROI. If you cant even stomach losing that, then just stay out of the game.
No need for nosy pokers and big time Magnum PIs’to snoop around and give you a half baked pie.
Everything that they say are also just in words. Where is the whole proof of wrong doing besides another post.
Yet when companys like FX United comes up and have been paying their dues diligently, but yet everyone is still so sceptical. Stop thinking too far and just jump in if you have the balls or stay out and dont even bother to investigate and create fear.
Your only gamble is untill you regain the ROI of the investment that you chose to put in. After that put that ROI away and let their money make more money for you till they get busted, close down, run away or whatever.
Thats the small risk that you take till you get back your ROI. If you cant even stomach losing that, then just stay out of the game.
No need for nosy pokers and big time Magnum PIs’to snoop around and give you a half baked pie.
Everything that they say are also just in words. Where is the whole proof of wrong doing besides another post.
- May 2nd, 2016 at 3:07 pm (Q)
- As long as they are paying
Who… the victims you’re scamming?
What a terrible person you are.
Where is the whole proof of wrong doing besides another post.
It’s called a business model. That you haven’t looked at it beyond your hip-pocket is obvious.
Who… the victims you’re scamming?
What a terrible person you are.
Where is the whole proof of wrong doing besides another post.
It’s called a business model. That you haven’t looked at it beyond your hip-pocket is obvious.
- K. Chang
May 2nd, 2016 at 3:34 pm K. Chang(Q)
May 2nd, 2016 at 3:34 pm K. Chang(Q)
- S K: As long as they are paying, if you want to get involved, just gamble what you are willing to gamble, say 10k.
- So you’re basically Cipher in the Matrix… As long as you get your "juicy steak", f*** everybody else.
- Terrence B
May 2nd, 2016 at 7:14 pm Terrence B(Q)
May 2nd, 2016 at 7:14 pm Terrence B(Q)
- Oh only 10k you just have lying around. Said like a true ponzi player.
They pump and dump and on to the next ponzi. Its not a risk when its a planned attack on these scams.
They pump and dump and on to the next ponzi. Its not a risk when its a planned attack on these scams.
- May 3rd, 2016 at 4:08 pm (Q)
- We had to scheme a plan to nab the scammers and came up with a plan to get this scumbags. As cunning and conniving as they are,they responded by using fake names and giving fake positive reviews.
Due to this reason, we were unable to pinpoint the fraudsters and refer them to the authorities due to lack of contact details.
We just had to wait for the right time and Voila, a girl by name of Nora responded and she gave out her original identity, contact number and her work place address. Apparently she works for FX united Power team Sdn Bhd.
This is a beautiful admission, thus we gathered all this admission and forwarded to the relevant authorities.They are working on this case.
Just wait for awhile and you scammers will know we were not joking and for Nora none of the scammers IB’s and MIB’s will come to your aid when you are counting bars.
As for SK, you have demonstrated a typical selfish, arrogant and prideful attitude which is common among MLM and Ponzi scheme perpetrators. You think you are cool to lose that RM10K, think about it again.
This scam is a member get member scheme, as such many people are bound to be hurt when the whole scam close shop.
Due to this reason, we were unable to pinpoint the fraudsters and refer them to the authorities due to lack of contact details.
We just had to wait for the right time and Voila, a girl by name of Nora responded and she gave out her original identity, contact number and her work place address. Apparently she works for FX united Power team Sdn Bhd.
This is a beautiful admission, thus we gathered all this admission and forwarded to the relevant authorities.They are working on this case.
Just wait for awhile and you scammers will know we were not joking and for Nora none of the scammers IB’s and MIB’s will come to your aid when you are counting bars.
As for SK, you have demonstrated a typical selfish, arrogant and prideful attitude which is common among MLM and Ponzi scheme perpetrators. You think you are cool to lose that RM10K, think about it again.
This scam is a member get member scheme, as such many people are bound to be hurt when the whole scam close shop.
- May 5th, 2016 at 2:16 am (Q)
- I have been a forex trader for 8 years, I’ve traded in legitimate forex brokers such as fxcm, instaforex, fxcc and also in fxunited.
I have been trading not so actively in fxunited since early 2014 on their winst plan. So i will give my opinions regarding on fxunited,
1. FXunited is not an investment company, however they are a forex broker, and base on my research this is what I have found and they are regulated: fxunited.com/download-documents.php
2. I believe their winst plan is a brilliant idea, as it encourages traders to teach other new members to trade in forex.
The upline will earn through every trades done by their downlines. Even on this blog, the calculation is wrong. Now let me correct you. The 85% is from the trading activity which is from the downlines spread not ROI. Honestly at that time I was amazed though i am not really an mlm guy myself.
This is the winst plan (manual trading): fxunited.com/partnership-affiliate-program.php
3. So if im not mistaken around september 2014, they launch an EA (expert advisor) to trade for depositors automatically with a minimum returns of 12%, not bad although with manual trading i can earn more at times, so i took that as a side income and also hoping to learn to trade patterns by the robot.
This is their CGAT plan (auto trading): fxunited.com/cgat.php
The author of this blog has wrongly quoted their manual trading plan and has compared it with their CGAT plan which is wrong information. Have a great day.
The CGAT plan requires you to have at least a USD300 (WINST/MANUAL trading account) before you can participate.
So as what I believed at that time that this was suppose to be a side income while we all focused on manual trading. Did some research and this is the calculation of the cgat plan: (link to affiliate recruitment spam removed)
However, after 2 years and I am looking at all this accusations, first I suggest you people understand that they are a forex broker, not an investment company, I believe through the network marketing, things went out of proportion.
From a STP broker that offers a very high payout affiliate plan, to now label as an investment/ponzi scheme
I still have many friends who are manually trading in fxunited because they have many downlines who are also manually trading, and I have many other friends who treat this as an investment company when they are actually a forex broker.
I also have a group of friends who label it as a scam, but those who label it as a scam actually do not understand their business model. Alot have actually mention that bnm can take action, how can they take action on a forex broker outside their jurisdiction?
Instaforex has been blacklisted by bnm for years and they are still running strong because its outside their jurisdiction, you trade or participate in the forex market at your own risk.
Please visit BNM website, at the top click "Fxadmin", you will see two downloadable documents related to forex. It explains the forex trading is allowed. But forex companies cannot established in our crony protected country.
My conclusion, if you really want to invest, again do not put your life savings inside as i am sure the funds you deposited are not insured. Do not put all eggs in one basket and don’t be greedy.
I have been trading not so actively in fxunited since early 2014 on their winst plan. So i will give my opinions regarding on fxunited,
1. FXunited is not an investment company, however they are a forex broker, and base on my research this is what I have found and they are regulated: fxunited.com/download-documents.php
2. I believe their winst plan is a brilliant idea, as it encourages traders to teach other new members to trade in forex.
The upline will earn through every trades done by their downlines. Even on this blog, the calculation is wrong. Now let me correct you. The 85% is from the trading activity which is from the downlines spread not ROI. Honestly at that time I was amazed though i am not really an mlm guy myself.
This is the winst plan (manual trading): fxunited.com/partnership-affiliate-program.php
3. So if im not mistaken around september 2014, they launch an EA (expert advisor) to trade for depositors automatically with a minimum returns of 12%, not bad although with manual trading i can earn more at times, so i took that as a side income and also hoping to learn to trade patterns by the robot.
This is their CGAT plan (auto trading): fxunited.com/cgat.php
The author of this blog has wrongly quoted their manual trading plan and has compared it with their CGAT plan which is wrong information. Have a great day.
The CGAT plan requires you to have at least a USD300 (WINST/MANUAL trading account) before you can participate.
So as what I believed at that time that this was suppose to be a side income while we all focused on manual trading. Did some research and this is the calculation of the cgat plan: (link to affiliate recruitment spam removed)
However, after 2 years and I am looking at all this accusations, first I suggest you people understand that they are a forex broker, not an investment company, I believe through the network marketing, things went out of proportion.
From a STP broker that offers a very high payout affiliate plan, to now label as an investment/ponzi scheme
I still have many friends who are manually trading in fxunited because they have many downlines who are also manually trading, and I have many other friends who treat this as an investment company when they are actually a forex broker.
I also have a group of friends who label it as a scam, but those who label it as a scam actually do not understand their business model. Alot have actually mention that bnm can take action, how can they take action on a forex broker outside their jurisdiction?
Instaforex has been blacklisted by bnm for years and they are still running strong because its outside their jurisdiction, you trade or participate in the forex market at your own risk.
Please visit BNM website, at the top click "Fxadmin", you will see two downloadable documents related to forex. It explains the forex trading is allowed. But forex companies cannot established in our crony protected country.
My conclusion, if you really want to invest, again do not put your life savings inside as i am sure the funds you deposited are not insured. Do not put all eggs in one basket and don’t be greedy.
- May 5th, 2016 at 8:05 am (Q)
- I invest $300 to $10,000 with FxUnited, who offer me a passive ROI.
It’s a Ponzi scheme at worst, an unregistered securities offering at best (NZ registration is meaningless).
Enough with the pseudo-compliance BS.
It’s a Ponzi scheme at worst, an unregistered securities offering at best (NZ registration is meaningless).
Enough with the pseudo-compliance BS.
- May 5th, 2016 at 11:30 am (Q)
- NZ FMA issued a warning and alert notice on FxUnited on 4 May 2016.
- May 5th, 2016 at 11:56 am (Q)
- Thanks for the heads up. Guess that coincides with the affiliate rahrah posts we’ve been getting lately.
- May 5th, 2016 at 2:41 pm (Q)
- Hi friends,I am planning to invest in winstplan and CGAT with fxunited.
After read through all review on Fxunited, i get confused, please advice.
After read through all review on Fxunited, i get confused, please advice.
- May 6th, 2016 at 12:04 pm (Q)
- (Ozedit: This is not the place to ask for personalized investment advice.)
- May 8th, 2016 at 2:07 pm (Q)
- Sorry I can’t find the reason why FX name is blacklisted. Also saw that there is another name.
Powerteaminternational also in the list.. Does anyone really know why they are blacklist.. Thank you.
Powerteaminternational also in the list.. Does anyone really know why they are blacklist.. Thank you.
- May 8th, 2016 at 2:33 pm (Q)
- Sorry I can’t find the reason why FX name is blacklisted.
Seriously… it’s right there on the FMA website and the article you’re commenting on.
Give me strength…
Seriously… it’s right there on the FMA website and the article you’re commenting on.
Give me strength…
- Choong
May 10th, 2016 at 10:12 am Choong(Q)
May 10th, 2016 at 10:12 am Choong(Q)
- Hi all,
Just want to gives some opinion. MT4 is created for forex brokers used and not created for FXUnited. Many forex brokers is using MT4 as their trading system.
I believe FXUnited is the first company to use binary member methods to its members. It just like other MLM company, starting is all rumors stated and claimed it is scam and stuff like that. Even it happen to many MLM like Amway?
I been trading quite many years, use FXCM mostly. Have their own trading platform and was license in US and UK and many companies. I do believe this FXUnited have many members from Asia instead of Europe and USA. I do find this strange actually.
Their CGAT system is fine because many auto trading can earn more that this. My question is lots of people say scam and many say its not. Does anyone can prove it by showing on youture or something that your account in FXUnited and in trading (MT4) showing your balance, withdrawer and your bank account stated the money really goes back to you accounts? So far I see none.
Malaysia never approve or legalize forex brokers. Cos gov cant tax the traders. Many forex brokers is under watch by BNM which they cant do anything.
Time will tell. Lets wait and do research more. Until someone proven to me that their income is really there I still have my doubts in FXUnited.
Just want to gives some opinion. MT4 is created for forex brokers used and not created for FXUnited. Many forex brokers is using MT4 as their trading system.
I believe FXUnited is the first company to use binary member methods to its members. It just like other MLM company, starting is all rumors stated and claimed it is scam and stuff like that. Even it happen to many MLM like Amway?
I been trading quite many years, use FXCM mostly. Have their own trading platform and was license in US and UK and many companies. I do believe this FXUnited have many members from Asia instead of Europe and USA. I do find this strange actually.
Their CGAT system is fine because many auto trading can earn more that this. My question is lots of people say scam and many say its not. Does anyone can prove it by showing on youture or something that your account in FXUnited and in trading (MT4) showing your balance, withdrawer and your bank account stated the money really goes back to you accounts? So far I see none.
Malaysia never approve or legalize forex brokers. Cos gov cant tax the traders. Many forex brokers is under watch by BNM which they cant do anything.
Time will tell. Lets wait and do research more. Until someone proven to me that their income is really there I still have my doubts in FXUnited.
- May 10th, 2016 at 10:21 am (Q)
- It just like other MLM company, starting is all rumors stated and claimed it is scam and stuff like that. Even it happen to many MLM like Amway?
I’m sorry, what?
There is no legitimate MLM company that is operated by who knows who from who knows where soliciting up to $10,000 in an unregistered securities offering.
CGAT might be legitimate enough on its own, but when combined with an MLM compensation plan compliance issues must be addressed.
I’m sorry, what?
There is no legitimate MLM company that is operated by who knows who from who knows where soliciting up to $10,000 in an unregistered securities offering.
CGAT might be legitimate enough on its own, but when combined with an MLM compensation plan compliance issues must be addressed.
- K. Chang
May 10th, 2016 at 10:57 am K. Chang(Q)
May 10th, 2016 at 10:57 am K. Chang(Q)
- Choong: t just like other MLM company, starting is all rumors stated and claimed it is scam and stuff like that. Even it happen to many MLM like Amway?
- Amway was sued to the point of death and agreed to reform its ways and FTC showed a little mercy. It was not a rumor.
Your education on MLM appears to be woefully incomplete. Furthermore, an investment company is regulated by the SEC, not FTC.
Please make an argument at least SOMEWHAT relevant rather than with random unrelated points.
Your education on MLM appears to be woefully incomplete. Furthermore, an investment company is regulated by the SEC, not FTC.
Please make an argument at least SOMEWHAT relevant rather than with random unrelated points.
- Choong
May 10th, 2016 at 11:56 am Choong(Q)
May 10th, 2016 at 11:56 am Choong(Q)
- Well it just my opinion, no need to get upset. Still waiting someone to prove to us that FXUnited is scam or not.
Be open mind, dont you Oz and K.Chang too negative on this topic? Have you been scam by this FXUnited before?
I reply with my opinion, not side with FXUnited. Why act so offensive anywhere?
Be open mind, dont you Oz and K.Chang too negative on this topic? Have you been scam by this FXUnited before?
I reply with my opinion, not side with FXUnited. Why act so offensive anywhere?
- May 10th, 2016 at 12:09 pm (Q)
- Well it just my opinion, no need to get upset.
Don’t confuse your getting wrecked with anyone being "upset".
Still waiting someone to prove to us that FXUnited is scam or not.
You invest $300 to $10,000 with who knows who operating from who knows where… something something … you get paid a >100% ROI.
Yeah no, totally a legitimate MLM opportunity.
Be open mind, dont you Oz and K.Chang too negative on this topic?
The hell does an open mind have to do with analysis of a business model? Ditto your opinion…
Don’t confuse your getting wrecked with anyone being "upset".
Still waiting someone to prove to us that FXUnited is scam or not.
You invest $300 to $10,000 with who knows who operating from who knows where… something something … you get paid a >100% ROI.
Yeah no, totally a legitimate MLM opportunity.
Be open mind, dont you Oz and K.Chang too negative on this topic?
The hell does an open mind have to do with analysis of a business model? Ditto your opinion…
- littleroundman
May 10th, 2016 at 12:33 pm littleroundman(Q)
May 10th, 2016 at 12:33 pm littleroundman(Q)
- Choong: Still waiting someone to prove to us that FXUnited is scam or not.
- Why wait for "proof" ???
- Prove it for yourself
Double – no – QUADRUPLE your investment
Double – no – QUADRUPLE your investment
- Sell the farm, sell your shares, tell your parents to cash in their retirement funds
THEN you’ll get all the proof you need, without having to listen to more experienced people who are trying to warn you.
THEN you’ll get all the proof you need, without having to listen to more experienced people who are trying to warn you.
- Choong
May 10th, 2016 at 12:49 pm Choong(Q)
May 10th, 2016 at 12:49 pm Choong(Q)
- Hello again, nah… i have my patient to wait. No need to sell anything. We will see… (Ozedit: Offtopic derail attempt removed)
- May 10th, 2016 at 1:37 pm (Q)
- Not really getting through, are we.
Patience and waiting has nothing to do with FX United being a scam. It’s an unknown business model, you invest and they pay you a ROI.
That’s a securities offering and FX United are not registered to offer securities in any jurisdiction.
Patience and waiting has nothing to do with FX United being a scam. It’s an unknown business model, you invest and they pay you a ROI.
That’s a securities offering and FX United are not registered to offer securities in any jurisdiction.
- Choong
May 10th, 2016 at 1:43 pm Choong(Q)
May 10th, 2016 at 1:43 pm Choong(Q)
- No, it just that time will tell if this FXUnited being scam or not. I have time to wait thats all.
- May 10th, 2016 at 1:47 pm (Q)
- And like I’ve said, time has nothing to do with analysis of a business model.
Don’t let that get in the way of your excuses but…
Don’t let that get in the way of your excuses but…
- K. Chang
May 10th, 2016 at 2:18 pm K. Chang(Q)
May 10th, 2016 at 2:18 pm K. Chang(Q)
- Choong: Well it just my opinion
- Why did you offer it, if you don’t have any evidence to back it up?
time will tell if this FXUnited being scam or not. I have time to wait thats all.
So what will you do if it is indeed a scam? Who and where will you sue?
time will tell if this FXUnited being scam or not. I have time to wait thats all.
So what will you do if it is indeed a scam? Who and where will you sue?
- Terrence B
May 10th, 2016 at 5:26 pm Terrence B(Q)
May 10th, 2016 at 5:26 pm Terrence B(Q)
- Choong:
- No, it just that time will tell if this FXUnited being scam or not. I have time to wait thats all.
- You must have quite a bit invested to make the wait worth your while then.
Yet in the end scams are always costly anyway.
Yet in the end scams are always costly anyway.
- ravin
May 10th, 2016 at 10:09 pm ravin(Q)
May 10th, 2016 at 10:09 pm ravin(Q)
- Hi friends…i read all your comments and would like to share my opinion. I joined FXUNITED in June 2015. Almost 10 months now. First I thought it was scam. But i was wrong…..i am paid monthly 12% (actually 11% only after deduction of 1% admin charge).
Its a forex and not an investment….pls understand that first. I got back my money put in CGAT in three months after 5 people sign up under me.
What else to worry…..my downlines too got back their money ready. I am happy with CGAT plan by FXUNITED.
Its a forex and not an investment….pls understand that first. I got back my money put in CGAT in three months after 5 people sign up under me.
What else to worry…..my downlines too got back their money ready. I am happy with CGAT plan by FXUNITED.
- May 10th, 2016 at 10:24 pm (Q)
- First I thought it was scam. But i was wrong…..i am paid monthly 12%
Yeah so uh… that doesn’t make it any less of a likely Ponzi scheme.
Its a forex and not an investment….
Sure it is. You deposit funds with FX United and get a pasive 12% month ROI. That’s an investment.
What else to worry…..my downlines too got back their money ready.
More power to you. Screw whoever it is you’re stealing from right.
Yeah so uh… that doesn’t make it any less of a likely Ponzi scheme.
Its a forex and not an investment….
Sure it is. You deposit funds with FX United and get a pasive 12% month ROI. That’s an investment.
What else to worry…..my downlines too got back their money ready.
More power to you. Screw whoever it is you’re stealing from right.
- K. Chang
May 10th, 2016 at 10:33 pm K. Chang(Q)
May 10th, 2016 at 10:33 pm K. Chang(Q)
- ravin: i am paid monthly 12% (actually 11% only after deduction of 1% admin charge).
- Its a forex and not an investment…
Forex trading is trading and has highs and lows, you win some and you lose some. Did you decide on what currency to trade?
If you didn’t, you were not doing any trading. You were investing.
Forex trading is trading and has highs and lows, you win some and you lose some. Did you decide on what currency to trade?
If you didn’t, you were not doing any trading. You were investing.
- Choong
May 11th, 2016 at 3:24 pm Choong(Q)
May 11th, 2016 at 3:24 pm Choong(Q)
- K. Chang: What did I offer anywhere? Opinion not necessary need prove.
K.Chang: So what will you do if it is indeed a scam? Who and where will you sue?
Answer: Simple – stay away and let everyone around us to stay away. Sue what? I didn’t invest?
K.Chang: So what will you do if it is indeed a scam? Who and where will you sue?
Answer: Simple – stay away and let everyone around us to stay away. Sue what? I didn’t invest?
- K. Chang
May 11th, 2016 at 3:39 pm K. Chang(Q)
May 11th, 2016 at 3:39 pm K. Chang(Q)
- Choong: Opinion not necessary need prove.
- You basically said "leave the possible scam alone", despite evidence that pointed to it being a scam.
Thanks for demonstrating your motivated ignorance.
Thanks for demonstrating your motivated ignorance.
- Choong
May 11th, 2016 at 4:21 pm Choong(Q)
May 11th, 2016 at 4:21 pm Choong(Q)
- K.Chang – I never mention anything about supporting them.
Then tell what you can do now? Sue them? Report them? Join more forum and inform everyone that its a scam? Be clear about ignorance and patient.
Wait does not mean I did do anythin. Free speach my friend.
Then tell what you can do now? Sue them? Report them? Join more forum and inform everyone that its a scam? Be clear about ignorance and patient.
Wait does not mean I did do anythin. Free speach my friend.
- ksp7653
May 11th, 2016 at 6:50 pm ksp7653(Q)
May 11th, 2016 at 6:50 pm ksp7653(Q)
- @Choong
Ever hear "put foot in mouth?", be careful in what you are trying to type.
Ever hear "put foot in mouth?", be careful in what you are trying to type.
- K. Chang
May 11th, 2016 at 11:04 pm K. Chang(Q)
May 11th, 2016 at 11:04 pm K. Chang(Q)
- Choong: I never mention anything about supporting them.
- I never said you did.
- chron
May 13th, 2016 at 5:23 am chron(Q)
May 13th, 2016 at 5:23 am chron(Q)
- hi , why not your guys go to join fxunited Singapore and see how it is … you will have a winst account usd 500, then cgat acct ( min usd 1000, max usd 10000) and you are only allowed have 10 cgat account.
first account you are free, but for 2-10account, you need to pay another additional 300 Singapore dollar.
fist year they will give you 12% 2 year you will have 9% after that 5% each year … you can withdraw anytime but need to pay 3% usd per account… their company valid till 2020… yes they use your money to get more money, and only give you 12%,9% 5%, but if you put your money in the bank, you have 0%.
you will get your money back 18months, after 18 months, you are safe.. you also have another issue, when is FXUNITED will be closed .
first account you are free, but for 2-10account, you need to pay another additional 300 Singapore dollar.
fist year they will give you 12% 2 year you will have 9% after that 5% each year … you can withdraw anytime but need to pay 3% usd per account… their company valid till 2020… yes they use your money to get more money, and only give you 12%,9% 5%, but if you put your money in the bank, you have 0%.
you will get your money back 18months, after 18 months, you are safe.. you also have another issue, when is FXUNITED will be closed .
- May 13th, 2016 at 7:50 am (Q)
- @chron
hi , why not your guys go to join fxunited Singapore and see how it is …
Because you don’t need to join a business opportunity to evaluate a compensation plan.
their company valid till 2020…
Lol. Thanks for the early morning laugh.
if you put your money in the bank, you have 0%.
Not that I’m recommending it, but 0% interest is still better than losing it all in an unregistered securities offering run by anonymous admins you know nothing about.
hi , why not your guys go to join fxunited Singapore and see how it is …
Because you don’t need to join a business opportunity to evaluate a compensation plan.
their company valid till 2020…
Lol. Thanks for the early morning laugh.
if you put your money in the bank, you have 0%.
Not that I’m recommending it, but 0% interest is still better than losing it all in an unregistered securities offering run by anonymous admins you know nothing about.
- K. Chang
May 13th, 2016 at 12:02 pm K. Chang(Q)
May 13th, 2016 at 12:02 pm K. Chang(Q)
- chron: why not your guys go to join fxunited Singapore and see how it is
- Haven’t you heard the Chinese proverb: Those playing the game are confused, those spectating see it clearly? 當局者迷，旁觀者清.
Did you know FXUnited had been declared "unapproved/not registered" in Malaysia for a while?
Did you know FXUnited had been declared "unapproved/not registered" in Malaysia for a while?
- Chron
May 13th, 2016 at 12:52 pm Chron(Q)
May 13th, 2016 at 12:52 pm Chron(Q)
- Maybe your guys’ world only black and white 2 colors ..
" Don’t have Legal license , has been fined … brokers can adjust your rate ….". As long as this company runs business and shows their promises, what’s the problem.
Example: A Hospital did not have some license , doesn’t mean the hospital can not operate . We still go to that hospitaL .
We know they use our money to get more money, or use our money to pay ourself /others…. unfair , please lah , as a layman, get 12%/month back and 18month later you are safe …
The only risk is when Fxunited will run away. Why still unhappy …….
Maybe. You guys talk about justice, don’t want to be fooled…. Eh that’s another issue …
Let’s see when Fxunited will be end ….
" Don’t have Legal license , has been fined … brokers can adjust your rate ….". As long as this company runs business and shows their promises, what’s the problem.
Example: A Hospital did not have some license , doesn’t mean the hospital can not operate . We still go to that hospitaL .
We know they use our money to get more money, or use our money to pay ourself /others…. unfair , please lah , as a layman, get 12%/month back and 18month later you are safe …
The only risk is when Fxunited will run away. Why still unhappy …….
Maybe. You guys talk about justice, don’t want to be fooled…. Eh that’s another issue …
Let’s see when Fxunited will be end ….
- littleroundman
May 13th, 2016 at 1:48 pm littleroundman(Q)
May 13th, 2016 at 1:48 pm littleroundman(Q)
- Chron: Let’s see when Fxunited will be end ….
- Let’s = Let "US"
- Let’s make a deal, shall we.
"YOU" invest with FX United and wait 18 months to find out if you’ve been conned, while intelligent people sit and watch you make a fool of yourself ???
"YOU" invest with FX United and wait 18 months to find out if you’ve been conned, while intelligent people sit and watch you make a fool of yourself ???
- How about that ???
- May 13th, 2016 at 2:33 pm (Q)
- Let’s see when Fxunited will be end ….
When newly invested funds run out. Herp derp.
A Hospital did not have some license, doesn’t mean the hospital can not operate. We still go to that hospitaL.
What imaginary fairyland do you live in?
Best of luck running an unregistered hospital in civilized society.
We know
You know nothing. FX United is run by anonymous admins from who knows where. You have no idea what they do with your money.
When newly invested funds run out. Herp derp.
A Hospital did not have some license, doesn’t mean the hospital can not operate. We still go to that hospitaL.
What imaginary fairyland do you live in?
Best of luck running an unregistered hospital in civilized society.
We know
You know nothing. FX United is run by anonymous admins from who knows where. You have no idea what they do with your money.
- Chron
May 13th, 2016 at 3:37 pm Chron(Q)
May 13th, 2016 at 3:37 pm Chron(Q)
- Hi All, thanks for sharing.
Just quote Kang ‘s opinion "if you really want to invest, again do not put your life savings inside as i am sure the funds you deposited are not insured. Do not put all eggs in one basket and don’t be greedy."
Just quote Kang ‘s opinion "if you really want to invest, again do not put your life savings inside as i am sure the funds you deposited are not insured. Do not put all eggs in one basket and don’t be greedy."
- imran
May 16th, 2016 at 4:23 pm imran(Q)
May 16th, 2016 at 4:23 pm imran(Q)
- Play with your money first and see if it is a scam or not. The burden of proof fall heavily on the accuser.
Bring your proof and witnesses. Opinion doesn’t mean anything.
Btw, the people who writes this didn’t do his research properly in terms of bonuses if you refer to the original website.
Try put your money first and see if you will lose your money or not. Proof us wrong.
Bring your proof and witnesses. Opinion doesn’t mean anything.
Btw, the people who writes this didn’t do his research properly in terms of bonuses if you refer to the original website.
Try put your money first and see if you will lose your money or not. Proof us wrong.
- May 16th, 2016 at 4:28 pm (Q)
- Play with your money first and see if it is a scam or not.
You don’t need to "play with your money" to examine a business model.
The burden of proof fall heavily on the accuser.
Exhibit A: FX United’s compensation plan.
Btw, the people who writes this didn’t do his research properly in terms of bonuses if you refer to the original website.
When it comes to business model analysis in MLM, there’s no better research than a company’s compensation plan.
What your dumb ass did was try to counter that with scam apologist rhetoric. Good luck with that and here’s to losing your money.
You don’t need to "play with your money" to examine a business model.
The burden of proof fall heavily on the accuser.
Exhibit A: FX United’s compensation plan.
Btw, the people who writes this didn’t do his research properly in terms of bonuses if you refer to the original website.
When it comes to business model analysis in MLM, there’s no better research than a company’s compensation plan.
What your dumb ass did was try to counter that with scam apologist rhetoric. Good luck with that and here’s to losing your money.
- Millennium Falcon 888
May 16th, 2016 at 5:58 pm Millennium Falcon 888(Q)
May 16th, 2016 at 5:58 pm Millennium Falcon 888(Q)
- We were approached by two people whom we know, about FX United. The investment plan seems very attractive and it’s like a good way to make money in these tough economic times.
But after seeing the negative comments here, and many MLM-like people trying to defend the whole FX United thing, I now have second thoughts about investing with them…
Maybe it’s better to stick to trusted ones like Affin Hwang, RHB Investment, CIMB Principal, TA Investment Management, etc.?
But after seeing the negative comments here, and many MLM-like people trying to defend the whole FX United thing, I now have second thoughts about investing with them…
Maybe it’s better to stick to trusted ones like Affin Hwang, RHB Investment, CIMB Principal, TA Investment Management, etc.?
- May 16th, 2016 at 7:27 pm (Q)
- imran:
- Play with your money first and see if it is a scam or not. The burden of proof fall heavily on the accuser.
Classic scam shill comeback, attempting to negate the role of due diligence by appealing to greed.
The burden of proof of legitimacy and sustainability ALWAYS falls on the person wanting investors’ money. And this ‘scheme’ doesn’t cut it in any shape or form.
Anyway, what do you care what anyone else thinks? Go ahead and ‘play’ with your money.
Classic scam shill comeback, attempting to negate the role of due diligence by appealing to greed.
The burden of proof of legitimacy and sustainability ALWAYS falls on the person wanting investors’ money. And this ‘scheme’ doesn’t cut it in any shape or form.
Anyway, what do you care what anyone else thinks? Go ahead and ‘play’ with your money.
- May 17th, 2016 at 2:10 pm (Q)
- Hi Gethu,
We are not sure whether you are a FXunited apologist, someone who is really concerned or trying to insuanate us.
We have temporarily ceased our online awareness programm with regards to This scam but we are definitely busy doing the right thing to show the world what FXunited us all about and we are actively involved in offline awareness program including working together with a few authorities.
Do you think FMA simply made announcement about this scam.
Do you know that the the scammers claim that you dont have to pay tax due to its origin from overseas, pure bullshit.
And you know what we did, we just reported to the Malaysian Tax Evasion department about a scammeer who bought a BMW 7 series together with the pictures and and other evidence.
Big mistake they did and you scammers patiently wait for the outcome from the investigation from the tax department.
And now, they claim FMA announcement is insignificant because FSPR still recognizes them due to their Ombudsman Scheme.
Now dont be too happy, very soon FSPR? Let us keep it a secret and you will know the outcome from FSPR soon, we promise.
Do you know that after exposing Brian Johnson and Rujina Begum in several fx forums and their scam, they ceased their directorship and passed on the scam to Priscilla Lustre, and she is a single individual holding 100% shares. Ridiculous.
OKAY NOW LET ME TAKE YOU TO ANOTHER LEVEL AND HOW BRIAN JOHNSON IS INSTRUMENTAL IN CREATING SCAM AND SHAM ORGANIZATION AROUND THE WORLD.
HAVE YOU HEARD OCEAN SKY AND REZA MOKHTARIAN, IF YOU HAVE NOT HEARD ABOUT HIM, PLEASE DO YOUR RESEARCH.
HAVE YOU HEARD CAPITAL TRUST MARKETS?
DO YOU KNOW WHO CREATED THIS SCAM AND HOW IT AFFECTED THOUSAND OF PEOPLE AROUND THE WORLD?
Refer to following link
business.govt.nz/companies/app/ui/pages/companies/4623222/20493618/entityFilingRequirement?backurl=%2Fcompanies%2Fapp%2Fui%2Fpages%2Fcompanies%2F4623222%2Fdocuments%3Fstart%3D0%26limit%3D1
THIS IS THE DETAILS OF THE RETURNS FILING;
Date and Time08 December 2014 21:10:19
Document TypeFile Annual Return
Presenter Brian JOHNSON
41 Shortland Street
Plaza Level
Auckland 1010
New Zealand
Filing Year2014
Ultimate holding company No
Required addresses
Registered Address: FX Intelligence Ltd, 41 Shortland Street, Plaza Level, Auckland, 1010 , New Zealand
Address for service: FX Intelligence Ltd, 41 Shortland Street, Plaza Level, Auckland, 1010 , New Zealand
Optional addresses
Address for share register:
Directors
Full legal name: Reza MOKHTARIAN
Residential Address: 1900 Lake Shore Blvd W Ph 3, Toronto, On, M6S 1A4 , Canada
Appointment Date: 16 Sep 2013
Shareholdings
Total Number of Shares: 100
Shareholders in Allocation
100 SharesReza MOKHTARIAN
1900 Lake Shore Blvd W Ph 3, Toronto, On, M6S 1A4 , Canada
Annual Return Information
Annual return filed by:Brian JOHNSON
Designation:Authorised Per
NOW CAN YOU SEE HOW THIS BUGGER DUPLICATED OCEAN SKY SCAM AND GATHERED SOME MALAYSIAN SCAMMERS TO CHEAT GULLIBLE, GREEDY AND BRAINLESS MALAYSIANS.
PLEASE REFER TO THE ADDRESS, THIS IS THE SAME ADDRESS WHICH THE MALAYSIAN SCAMMERS WERE USING BEFORE THE QUEEN STREET.
CAN YOU ALL SEE HOW THIS BUGGER BRIAN JOHNSON CREATE SCAMMERS WITH HIS "START A BROKER" PACKAGE.NOW WE HAVE A FEW MASTER SCAMMERS IN MALAYSIA WHO ARE DUPLICATING OCEAN SKY/CAPITAL TRUST MARKET.
SO YOU PEOPLE OUT THERE, USE YOUR WISDOM AND WITH ALL THE PROOF THAT IT IS INDEED A SCAM AND THE END IS NEAR, YOU PEOPLE STILL WANT TO SUPPORT THIS SCAM.
MY CONVICTION AND BELIEF- FXUNITED IS GOING TO END UP LIKE CAPITAL TRUST MARKETS VERY SOON BECAUSE THAT IS THE WAY IT SUPPOSED TO BE, THIS BRIAN JOHNSON HAS CREATED AND WORK HAND IN HAND WITH THE LOCAL SCAMMERS TO CHEAT INNOCENT BUT GREEDY PEOPLE.
NO WAY OUT YOU SCAMMERS, YOU FELLAS ARE GOING TO SUFFER THE SAME FATE AS REZA MOKHTARIAN.
And you idiotic investors and apologist, you are going to suffer more because you are not going to get a single cent back when this scam is busted, and it is coming very very soon.
Do your research and you will find out that the fake IB’s are already opening accounts in Panama. You think we are joking right? Wait for my next posting with the full details.
To Private investor- we know who you are and what was your latest luxury purchase, so dont fook around, we have all the details including where you live and where you travel.
And very soon all you scammers, you will face the same fate as Reza Mokhtarian.
Gethu, to answer your question- we have already gone further and we are working with the authorities to take appropriare actions against these scammers and as such we have toned down our online awareness and expose.
LASTLY, IF YOU MEMBERS ARE STILL BLINDED BY THESE SCAMMERS, YOU ALL ARE GOING TO GET FOOKED THE SAME WAY REZA MOKHTARIAN FOOKED THE CANADIANS AND PEOPLE AROUND THE GLOBE.
SO YOU DECIDE AND BE YOUR OWN JUDGE.
We are not sure whether you are a FXunited apologist, someone who is really concerned or trying to insuanate us.
We have temporarily ceased our online awareness programm with regards to This scam but we are definitely busy doing the right thing to show the world what FXunited us all about and we are actively involved in offline awareness program including working together with a few authorities.
Do you think FMA simply made announcement about this scam.
Do you know that the the scammers claim that you dont have to pay tax due to its origin from overseas, pure bullshit.
And you know what we did, we just reported to the Malaysian Tax Evasion department about a scammeer who bought a BMW 7 series together with the pictures and and other evidence.
Big mistake they did and you scammers patiently wait for the outcome from the investigation from the tax department.
And now, they claim FMA announcement is insignificant because FSPR still recognizes them due to their Ombudsman Scheme.
Now dont be too happy, very soon FSPR? Let us keep it a secret and you will know the outcome from FSPR soon, we promise.
Do you know that after exposing Brian Johnson and Rujina Begum in several fx forums and their scam, they ceased their directorship and passed on the scam to Priscilla Lustre, and she is a single individual holding 100% shares. Ridiculous.
OKAY NOW LET ME TAKE YOU TO ANOTHER LEVEL AND HOW BRIAN JOHNSON IS INSTRUMENTAL IN CREATING SCAM AND SHAM ORGANIZATION AROUND THE WORLD.
HAVE YOU HEARD OCEAN SKY AND REZA MOKHTARIAN, IF YOU HAVE NOT HEARD ABOUT HIM, PLEASE DO YOUR RESEARCH.
HAVE YOU HEARD CAPITAL TRUST MARKETS?
DO YOU KNOW WHO CREATED THIS SCAM AND HOW IT AFFECTED THOUSAND OF PEOPLE AROUND THE WORLD?
Refer to following link
business.govt.nz/companies/app/ui/pages/companies/4623222/20493618/entityFilingRequirement?backurl=%2Fcompanies%2Fapp%2Fui%2Fpages%2Fcompanies%2F4623222%2Fdocuments%3Fstart%3D0%26limit%3D1
THIS IS THE DETAILS OF THE RETURNS FILING;
Date and Time08 December 2014 21:10:19
Document TypeFile Annual Return
Presenter Brian JOHNSON
41 Shortland Street
Plaza Level
Auckland 1010
New Zealand
Filing Year2014
Ultimate holding company No
Required addresses
Registered Address: FX Intelligence Ltd, 41 Shortland Street, Plaza Level, Auckland, 1010 , New Zealand
Address for service: FX Intelligence Ltd, 41 Shortland Street, Plaza Level, Auckland, 1010 , New Zealand
Optional addresses
Address for share register:
Directors
Full legal name: Reza MOKHTARIAN
Residential Address: 1900 Lake Shore Blvd W Ph 3, Toronto, On, M6S 1A4 , Canada
Appointment Date: 16 Sep 2013
Shareholdings
Total Number of Shares: 100
Shareholders in Allocation
100 SharesReza MOKHTARIAN
1900 Lake Shore Blvd W Ph 3, Toronto, On, M6S 1A4 , Canada
Annual Return Information
Annual return filed by:Brian JOHNSON
Designation:Authorised Per
NOW CAN YOU SEE HOW THIS BUGGER DUPLICATED OCEAN SKY SCAM AND GATHERED SOME MALAYSIAN SCAMMERS TO CHEAT GULLIBLE, GREEDY AND BRAINLESS MALAYSIANS.
PLEASE REFER TO THE ADDRESS, THIS IS THE SAME ADDRESS WHICH THE MALAYSIAN SCAMMERS WERE USING BEFORE THE QUEEN STREET.
CAN YOU ALL SEE HOW THIS BUGGER BRIAN JOHNSON CREATE SCAMMERS WITH HIS "START A BROKER" PACKAGE.NOW WE HAVE A FEW MASTER SCAMMERS IN MALAYSIA WHO ARE DUPLICATING OCEAN SKY/CAPITAL TRUST MARKET.
SO YOU PEOPLE OUT THERE, USE YOUR WISDOM AND WITH ALL THE PROOF THAT IT IS INDEED A SCAM AND THE END IS NEAR, YOU PEOPLE STILL WANT TO SUPPORT THIS SCAM.
MY CONVICTION AND BELIEF- FXUNITED IS GOING TO END UP LIKE CAPITAL TRUST MARKETS VERY SOON BECAUSE THAT IS THE WAY IT SUPPOSED TO BE, THIS BRIAN JOHNSON HAS CREATED AND WORK HAND IN HAND WITH THE LOCAL SCAMMERS TO CHEAT INNOCENT BUT GREEDY PEOPLE.
NO WAY OUT YOU SCAMMERS, YOU FELLAS ARE GOING TO SUFFER THE SAME FATE AS REZA MOKHTARIAN.
And you idiotic investors and apologist, you are going to suffer more because you are not going to get a single cent back when this scam is busted, and it is coming very very soon.
Do your research and you will find out that the fake IB’s are already opening accounts in Panama. You think we are joking right? Wait for my next posting with the full details.
To Private investor- we know who you are and what was your latest luxury purchase, so dont fook around, we have all the details including where you live and where you travel.
And very soon all you scammers, you will face the same fate as Reza Mokhtarian.
Gethu, to answer your question- we have already gone further and we are working with the authorities to take appropriare actions against these scammers and as such we have toned down our online awareness and expose.
LASTLY, IF YOU MEMBERS ARE STILL BLINDED BY THESE SCAMMERS, YOU ALL ARE GOING TO GET FOOKED THE SAME WAY REZA MOKHTARIAN FOOKED THE CANADIANS AND PEOPLE AROUND THE GLOBE.
SO YOU DECIDE AND BE YOUR OWN JUDGE.
- Jaason Benedict
May 18th, 2016 at 12:07 pm Jaason Benedict(Q)
May 18th, 2016 at 12:07 pm Jaason Benedict(Q)
- FXUnited is a pure scam / ponzi. As Shah highlighted, it is only a matter of time before it collapse. They duped people to invest in so call forex trading.
Seen people with zero knowledge about trading jumping in to invest in this scheme. And scary things is some of them are resigning their full time job to do this "TRADING".
Peoples who are looking for "Easy Income" and as Shah mentioned "INNOCENT BUT GREEDY PEOPLE" are the main "Victims".
And now another Forex scam (heard it is a spin out of FXUnited) are spreading like wildfire. "VENUSFX".
So, people please be aware.
Seen people with zero knowledge about trading jumping in to invest in this scheme. And scary things is some of them are resigning their full time job to do this "TRADING".
Peoples who are looking for "Easy Income" and as Shah mentioned "INNOCENT BUT GREEDY PEOPLE" are the main "Victims".
And now another Forex scam (heard it is a spin out of FXUnited) are spreading like wildfire. "VENUSFX".
So, people please be aware.
- May 18th, 2016 at 4:03 pm (Q)
- Historic data for addresses change for UNITED GLOBAL HOLDINGS @ FXUNITED
Registered office address:
228 Queen Street, 4th Floor, Auckland, 1010 , New Zealand
Effective from: 18 Mar 2015 Effective to: 01 Mar 2016
FX Intelligence Ltd, 41 Shortland Street, Plaza Level, Auckland, 1010 , New Zealand
Effective from: 18 Sep 2014 Effective to: 18 Mar 2015
41 Shortland Street, Plaza Level, Auckland, 1010 , New Zealand
Effective from: 13 Aug 2014 Effective to: 18 Sep 2014
Apartment 1305, 1 Courthouse Lane, Auckland Central, Auckland, 1010 , New Zealand
Effective from: 23 May 2014 Effective to: 13 Aug 2014
Address for service:
228 Queen Street, 4th Floor, Auckland, 1010 , New Zealand
Effective from: 18 Mar 2015 Effective to: 01 Mar 2016
41 Shortland Street, Plaza Level, Auckland, 1010 , New Zealand
Effective from: 13 Aug 2014 Effective to: 18 Mar 2015
Apartment 1305, 1 Courthouse Lane, Auckland Central, Auckland, 1010 , New Zealand
Effective from: 23 May 2014 Effective to: 13 Aug 2014
SO ALL YOU FXUNITED APOLOGIST, CAN YOU ANSWER WHY THE CONSTANT AND FREQUENT CHANGE OF ADDRESS?
WE HAVE QUESTIONED THE SO CALLED IB’S AND MIB’S AND EVEN QUESTIONED THE SO CALLED UGHL DIRECTOR, BRIAN JOHNSON BUT THERE ARE NO ANSWERS.
SO WE WANT TO ASK THOSE WHO INVESTED INTO THIS SCAM TO GIVE A REASONABLE ANSWER TO THIS CHANGES.
MORE EXPOSES ON THE WAY MY DEAR SCAMMERS. WE ARE SO TEMPTED TO TELL YOU SCAMMERS WHAT’S NEXT BUT WE BELIEVE, WE HAVE TO KEEP THE BEST FOR LAST.
SO, WAIT YOU SCOUNDRELS, WHEN WE TOLD YOU AND POSTED OUR LETTER TO FMA, MANJIT SINGH, YOU LAUGHED AT US. NOW SEE FOR YOURSELVES WHO IS THE CLOWN/JOKER END OF THE DAY.
ONE MORE QUESTION, WHY THE HELL IS THIS COMPANY INVOLVED IN FXUNITED WHICH BELONGS TO BRIAN JOHNSON WHO CAME TO MALAYSIA AND INTRODUCED HIMSELF AS THE GENERAL MANAGER OF FXUNITED ASIA. BRO, PROOF ME WRONG, YOU CAN SEE YOUR SPEECH IN YOUTUBE, SEARCH FOR YOURSELF.
FX Intelligence Ltd, 41 Shortland Street, Plaza Level, Auckland, 1010 , New Zealand
Registered office address:
228 Queen Street, 4th Floor, Auckland, 1010 , New Zealand
Effective from: 18 Mar 2015 Effective to: 01 Mar 2016
FX Intelligence Ltd, 41 Shortland Street, Plaza Level, Auckland, 1010 , New Zealand
Effective from: 18 Sep 2014 Effective to: 18 Mar 2015
41 Shortland Street, Plaza Level, Auckland, 1010 , New Zealand
Effective from: 13 Aug 2014 Effective to: 18 Sep 2014
Apartment 1305, 1 Courthouse Lane, Auckland Central, Auckland, 1010 , New Zealand
Effective from: 23 May 2014 Effective to: 13 Aug 2014
Address for service:
228 Queen Street, 4th Floor, Auckland, 1010 , New Zealand
Effective from: 18 Mar 2015 Effective to: 01 Mar 2016
41 Shortland Street, Plaza Level, Auckland, 1010 , New Zealand
Effective from: 13 Aug 2014 Effective to: 18 Mar 2015
Apartment 1305, 1 Courthouse Lane, Auckland Central, Auckland, 1010 , New Zealand
Effective from: 23 May 2014 Effective to: 13 Aug 2014
SO ALL YOU FXUNITED APOLOGIST, CAN YOU ANSWER WHY THE CONSTANT AND FREQUENT CHANGE OF ADDRESS?
WE HAVE QUESTIONED THE SO CALLED IB’S AND MIB’S AND EVEN QUESTIONED THE SO CALLED UGHL DIRECTOR, BRIAN JOHNSON BUT THERE ARE NO ANSWERS.
SO WE WANT TO ASK THOSE WHO INVESTED INTO THIS SCAM TO GIVE A REASONABLE ANSWER TO THIS CHANGES.
MORE EXPOSES ON THE WAY MY DEAR SCAMMERS. WE ARE SO TEMPTED TO TELL YOU SCAMMERS WHAT’S NEXT BUT WE BELIEVE, WE HAVE TO KEEP THE BEST FOR LAST.
SO, WAIT YOU SCOUNDRELS, WHEN WE TOLD YOU AND POSTED OUR LETTER TO FMA, MANJIT SINGH, YOU LAUGHED AT US. NOW SEE FOR YOURSELVES WHO IS THE CLOWN/JOKER END OF THE DAY.
ONE MORE QUESTION, WHY THE HELL IS THIS COMPANY INVOLVED IN FXUNITED WHICH BELONGS TO BRIAN JOHNSON WHO CAME TO MALAYSIA AND INTRODUCED HIMSELF AS THE GENERAL MANAGER OF FXUNITED ASIA. BRO, PROOF ME WRONG, YOU CAN SEE YOUR SPEECH IN YOUTUBE, SEARCH FOR YOURSELF.
FX Intelligence Ltd, 41 Shortland Street, Plaza Level, Auckland, 1010 , New Zealand
- Suresh
May 18th, 2016 at 4:10 pm Suresh(Q)
May 18th, 2016 at 4:10 pm Suresh(Q)
- Hi Guys,
I have invested in FX United more than a year now and everyone keep profiting as promised. I don’t understand what you guys keep blabbering that this is scam company because I don’t find any single person that get cheated by FX United.
The funny part is only those never invest in FX United keep telling this is scam company. Company keep growing and people keep profiting.
—————————————————–
COMPANY RESPOND TO NEGATIVE REMARKS FROM BLOGGERS
Dear valued clients,
Of recent there has been some very negative remarks from bloggers on the social media. In response to their remarks, the company has come up with the following response.
Foreign exchange and networking business is a trillion dollar a day business and when you merge these two together the impact it causes and the potential it generates is tremendous.
People who realize this come into our business and make a lot of earning. So do not be jealous of these people who really made it. You didnt have the courage to do so and they did and now they are reaping their benefits.
People who pass negative remarks about us are just failures and want more people to be failures like them. Before we listen to them ask ourselves if these people who are making these remarks are qualified to do so, do they have any experience in the forex industry, are they themselves just bloggers who are trying to get some attention for themselves or are they scammers themselves.
In todays world of information technology anybody can create blogs and post remarks on the social media but are they qualified to do so?
Company A, multi billion dollar business once used to be published in the internet as a scam but until today they are still standing strong. If they are scammers why are they still here?
The returns that has been given by FXUnited is actually a proven system. Any forex trader will understand how the broker pays the profit from the spread or charges earned by the Broker.
The commissions that FXUnited makes with trading which they instead of keeping it all to themselves they share it with their clients. FXUnited instead does not allow clients to have more than 10 accounts in CGAT for example.
This is actually to protect itself in the market. This is a system that no other broker shares with their clients and because of this many people who do not know us neither our product think that we are scammers.
If we were scammers we would have closed shop and left a long time ago with millions in our pockets but no we are still here. FXUnited has IB’s that have been in the business since day one and are still here standing as the trustee to the broker to assist the traders all over he world.
If we were scammers these IB’s would have left a long time ago together with their teams to join our competitors.
We are a NZ based company. Our company started in Belgium in 2006 catering to corporate clients only. That explains the photos of the Bastion Towers that the blogger has alleged to be our effort to hoodwink people.
But then in 2013 we decided to go retail thus incorporate in New Zealand. That explains our address in New Zealand.
Please be advised that the address was actually the address of our consultant who helped us in setting up the company and has since left the company after he had completed his job. Naturally we had to use his office address for this purpose.
Yes the office is a small address but honestly does size really matter or what it can produce matter? You be a judge of that.
Yes there were other companies registered at this address but it is nor duty to check who has been or is operating from this address. Our consultants address was here as I say again and we used his address as were using his services.
We are currently renovating a multi million dollar office in Manila in a very prestigious neighbourhood to house our regional headquarters and also our customer service department that handles our clients from Malaysia, Singapore, Indonesia, Thailand, Myanmar, Hong Kong, China, Taiwan, India, South Africa, Australia, Korea, Philippines and moving on to other countries.
Now tell me if we were really scammers would we be moving into these countries so aggressively? Wouldnt we just concentrate in only in one particular country as the blogger has claimed and scammed their money and move on to another country and start all over again? Think about it.
Another thing if we were really scammers why do we limit the investment and number of accounts that each individual can have? Wouldnt it be more profitable for us to allow clients to invest as much as they want and to have as many accounts as they want?
Wouldnt it have been better to allow clients to pump in all their money without any limit, make billions as clients are greedy ( as what the blogger claims ) and run away to our neighbouring countries and start all over again? Again I say think about it.
FXUnited has helped many people make good income. Now these guys work hard around the clock travelling from state to state and country to country teaching people about us and helping them too to earn a living.
FXUnited has brought forex into the Networking concept and has made a lot of people earned good income but that is what the business world is getting into today.
Famous author Mark Yarnel of WAVE 5 IN NETWORK MARKETING said that by 2030, 85% of the global business will be in the form of Networking. People who condemn us are actually people who know the system but do not have the courage to do it and they do not want other people to do it and succeed and leave them alone.
Ask anyone in the market if they have faced any major problems in getting back their investments or capital. Apart from the usual glitches that any major player will have everything is fine.
We hope that with this announcement it will clear any doubts that you might have in case you read any of the negative comments on the social media.
Thank you.
MANAGEMENT
I have invested in FX United more than a year now and everyone keep profiting as promised. I don’t understand what you guys keep blabbering that this is scam company because I don’t find any single person that get cheated by FX United.
The funny part is only those never invest in FX United keep telling this is scam company. Company keep growing and people keep profiting.
—————————————————–
COMPANY RESPOND TO NEGATIVE REMARKS FROM BLOGGERS
Dear valued clients,
Of recent there has been some very negative remarks from bloggers on the social media. In response to their remarks, the company has come up with the following response.
Foreign exchange and networking business is a trillion dollar a day business and when you merge these two together the impact it causes and the potential it generates is tremendous.
People who realize this come into our business and make a lot of earning. So do not be jealous of these people who really made it. You didnt have the courage to do so and they did and now they are reaping their benefits.
People who pass negative remarks about us are just failures and want more people to be failures like them. Before we listen to them ask ourselves if these people who are making these remarks are qualified to do so, do they have any experience in the forex industry, are they themselves just bloggers who are trying to get some attention for themselves or are they scammers themselves.
In todays world of information technology anybody can create blogs and post remarks on the social media but are they qualified to do so?
Company A, multi billion dollar business once used to be published in the internet as a scam but until today they are still standing strong. If they are scammers why are they still here?
The returns that has been given by FXUnited is actually a proven system. Any forex trader will understand how the broker pays the profit from the spread or charges earned by the Broker.
The commissions that FXUnited makes with trading which they instead of keeping it all to themselves they share it with their clients. FXUnited instead does not allow clients to have more than 10 accounts in CGAT for example.
This is actually to protect itself in the market. This is a system that no other broker shares with their clients and because of this many people who do not know us neither our product think that we are scammers.
If we were scammers we would have closed shop and left a long time ago with millions in our pockets but no we are still here. FXUnited has IB’s that have been in the business since day one and are still here standing as the trustee to the broker to assist the traders all over he world.
If we were scammers these IB’s would have left a long time ago together with their teams to join our competitors.
We are a NZ based company. Our company started in Belgium in 2006 catering to corporate clients only. That explains the photos of the Bastion Towers that the blogger has alleged to be our effort to hoodwink people.
But then in 2013 we decided to go retail thus incorporate in New Zealand. That explains our address in New Zealand.
Please be advised that the address was actually the address of our consultant who helped us in setting up the company and has since left the company after he had completed his job. Naturally we had to use his office address for this purpose.
Yes the office is a small address but honestly does size really matter or what it can produce matter? You be a judge of that.
Yes there were other companies registered at this address but it is nor duty to check who has been or is operating from this address. Our consultants address was here as I say again and we used his address as were using his services.
We are currently renovating a multi million dollar office in Manila in a very prestigious neighbourhood to house our regional headquarters and also our customer service department that handles our clients from Malaysia, Singapore, Indonesia, Thailand, Myanmar, Hong Kong, China, Taiwan, India, South Africa, Australia, Korea, Philippines and moving on to other countries.
Now tell me if we were really scammers would we be moving into these countries so aggressively? Wouldnt we just concentrate in only in one particular country as the blogger has claimed and scammed their money and move on to another country and start all over again? Think about it.
Another thing if we were really scammers why do we limit the investment and number of accounts that each individual can have? Wouldnt it be more profitable for us to allow clients to invest as much as they want and to have as many accounts as they want?
Wouldnt it have been better to allow clients to pump in all their money without any limit, make billions as clients are greedy ( as what the blogger claims ) and run away to our neighbouring countries and start all over again? Again I say think about it.
FXUnited has helped many people make good income. Now these guys work hard around the clock travelling from state to state and country to country teaching people about us and helping them too to earn a living.
FXUnited has brought forex into the Networking concept and has made a lot of people earned good income but that is what the business world is getting into today.
Famous author Mark Yarnel of WAVE 5 IN NETWORK MARKETING said that by 2030, 85% of the global business will be in the form of Networking. People who condemn us are actually people who know the system but do not have the courage to do it and they do not want other people to do it and succeed and leave them alone.
Ask anyone in the market if they have faced any major problems in getting back their investments or capital. Apart from the usual glitches that any major player will have everything is fine.
We hope that with this announcement it will clear any doubts that you might have in case you read any of the negative comments on the social media.
Thank you.
MANAGEMENT
- May 18th, 2016 at 4:30 pm (Q)
- That’s funny, nothing about how they are offering unregistered securities or which regulator they’ve registered their securities offering with.
Just shallow rhetoric and baseless claims from anonymous admins – whom you still have no idea what they are doing with your money or from where. This is not how legitimate MLM companies are run.
I did enjoy the baloney about a multi-million dollar office in Indonesia though, thanks for the laugh.
Just shallow rhetoric and baseless claims from anonymous admins – whom you still have no idea what they are doing with your money or from where. This is not how legitimate MLM companies are run.
I did enjoy the baloney about a multi-million dollar office in Indonesia though, thanks for the laugh.
- Poverty Quackery
May 18th, 2016 at 10:18 pm Poverty Quackery(Q)
May 18th, 2016 at 10:18 pm Poverty Quackery(Q)
- Suresh, that’s the most unprofessional and poorly written corporate response I’ve ever read.
If I were you, I’d be feeling worse – not better – after reading that drivel.
If I were you, I’d be feeling worse – not better – after reading that drivel.
- May 18th, 2016 at 11:19 pm (Q)
- Dear Suresh
Charles Darwin once noted, "Ignorance more frequently begets confidence than does knowledge."
We all know the modern man to whom Darwin refers: the unemployed "musician" who must inform all new acquaintences that he is, in fact, a musician (multiple times)
One of the painful things about our time is that those who feel certainty are stupid, and those with any imagination and understanding are filled with doubt and indecision." – Bertrand Russell
From my experiences, those who label themselves as experts, more often than not… aren’t. This isn’t surprising; it stands to reason – to phrase it casually – that those who have the goods… don’t flaunt the goods!
Alternatively, if one’s expertise is persistently revealed to you, by said expert, perhaps something is a few clicks off!
What makes you think we are not traders ourselves?
We use the fx platform to generate profit and sometimes we may lose and this is what we call REAL TRADING and not some mambo jumbo called CGAT.
Suresh, now since you are the latest defender of this scam, answer 2 simple questions and I will stop writting for good, I promise.
Q1) When Brian Johnson came to Malaysia, why did the local scammers introduce him as the CEO of United Global Holdings?
Q2) Why did Brian Johnson who operates Fx intelligence and Prime Intelligence was registered as the director of UGHL?
Now allow me to ask an extra question.
Q3) Do FXunited have a separate custodial account for the financial transaction and balance sheet and why the hell are the depositors asked to deposit their money into various local bank accounts owned by the fake IB’s and not a single custodial account and who is actuallythe MANAGEMENT?
Please name at least one authorised officer from FXunited and please dont give that ticket sh*** and one more thing, please do not ask a clerk Miss Nora to respond to all these questions. Have some balls to respond and do not hide behind Miss Nora’s skirt.
One more last bonus question, I promise.
Q4) Reza Mokhtarian was a beloved Forex guru and well celebrated by his followers just like how you ignorant people are praising your IB’s and MIB’s who are devils’s in disguise.
Suresh, do you know that Reza Mokhtarian scam was planned by the same person who planned FXunited scam in Malaysia, Brian Johnson is the culprit. We have asked him to make a public announcement to counter us but till todate there are no response from him except for his ceasation as the director of UGHL.
So, Suresh are you that blind to see the similarity of the Canadian scam and the Malaysian scam which had adopted the same scamming modus operandi?
Suresh, you maybe a genuine guy or an imposter but anyway let me tell you something, the grouses and the complaining started long time ago.
None of the victims pursued this matter but when it came to attention that one of our acquintance was screwed by your fraud IB’s, we decided to act and just to remind you guys, becareful of whom you cheat. I hope Reza Mokhtarian fate does note befall you scammers.
BEWARE THE END IS NEAR FOR YOU FRAUDSTERS.
As for Manila office, dont dream you scammers will set your foot there, we have done what we are good at, alert the local Financial Authorities.
So all the best and one last advise, do not waste your money opening up the center, the authorities are just waiting for your operations to start.
So you think we are kidding right? We warned you about FMA but you countered me with insuanation but do you see what we are capable of doing?
Next, FSPR ??? Patiently wait for the outcome. WE ARE NOT KIDDING MAN, WE ARE SERIOUS.
Suresh, SWERTE.
Charles Darwin once noted, "Ignorance more frequently begets confidence than does knowledge."
We all know the modern man to whom Darwin refers: the unemployed "musician" who must inform all new acquaintences that he is, in fact, a musician (multiple times)
One of the painful things about our time is that those who feel certainty are stupid, and those with any imagination and understanding are filled with doubt and indecision." – Bertrand Russell
From my experiences, those who label themselves as experts, more often than not… aren’t. This isn’t surprising; it stands to reason – to phrase it casually – that those who have the goods… don’t flaunt the goods!
Alternatively, if one’s expertise is persistently revealed to you, by said expert, perhaps something is a few clicks off!
What makes you think we are not traders ourselves?
We use the fx platform to generate profit and sometimes we may lose and this is what we call REAL TRADING and not some mambo jumbo called CGAT.
Suresh, now since you are the latest defender of this scam, answer 2 simple questions and I will stop writting for good, I promise.
Q1) When Brian Johnson came to Malaysia, why did the local scammers introduce him as the CEO of United Global Holdings?
Q2) Why did Brian Johnson who operates Fx intelligence and Prime Intelligence was registered as the director of UGHL?
Now allow me to ask an extra question.
Q3) Do FXunited have a separate custodial account for the financial transaction and balance sheet and why the hell are the depositors asked to deposit their money into various local bank accounts owned by the fake IB’s and not a single custodial account and who is actuallythe MANAGEMENT?
Please name at least one authorised officer from FXunited and please dont give that ticket sh*** and one more thing, please do not ask a clerk Miss Nora to respond to all these questions. Have some balls to respond and do not hide behind Miss Nora’s skirt.
One more last bonus question, I promise.
Q4) Reza Mokhtarian was a beloved Forex guru and well celebrated by his followers just like how you ignorant people are praising your IB’s and MIB’s who are devils’s in disguise.
Suresh, do you know that Reza Mokhtarian scam was planned by the same person who planned FXunited scam in Malaysia, Brian Johnson is the culprit. We have asked him to make a public announcement to counter us but till todate there are no response from him except for his ceasation as the director of UGHL.
So, Suresh are you that blind to see the similarity of the Canadian scam and the Malaysian scam which had adopted the same scamming modus operandi?
Suresh, you maybe a genuine guy or an imposter but anyway let me tell you something, the grouses and the complaining started long time ago.
None of the victims pursued this matter but when it came to attention that one of our acquintance was screwed by your fraud IB’s, we decided to act and just to remind you guys, becareful of whom you cheat. I hope Reza Mokhtarian fate does note befall you scammers.
BEWARE THE END IS NEAR FOR YOU FRAUDSTERS.
As for Manila office, dont dream you scammers will set your foot there, we have done what we are good at, alert the local Financial Authorities.
So all the best and one last advise, do not waste your money opening up the center, the authorities are just waiting for your operations to start.
So you think we are kidding right? We warned you about FMA but you countered me with insuanation but do you see what we are capable of doing?
Next, FSPR ??? Patiently wait for the outcome. WE ARE NOT KIDDING MAN, WE ARE SERIOUS.
Suresh, SWERTE.
- May 19th, 2016 at 10:16 am (Q)
- Suresh, all apologist and victims of Fxunited. Refer to the link
FXUNITED REMOVED FROM NZ COMPANY REGISTRAR
business.govt.nz/companies/news-updates/public-notices/company-removals-notices/19-may-2016-s318-1-ba
So, you people thought we were kidding right?
Just a few hours ago, we warned about FSPR and now do you believe in what this barking dogs were saying?
Now, let me share with you another good news, RAID? You smart alecs figure it out, dont tell nobody warned you buddy.
The final statement from the jokers "MANAGEMENT":
FXUNITED IS A VICTIM OF REGULATORS AND WE CANNOT REFUND YOUR MONEY BECAUSE OUR ACCOUNT IS FROZEN.
SAME LAME EXCUSES FROM MLM SCAMMERS.
But you victims have a better chance to recover your lossess compare to other mlm victims because the money deposited by the victims were not kept in a separate and dedicated custodial account but in various accounts held by the MIB and IB’s.
So, dear victims do not worry, you still have legal remedies to fook the perpetrators because they cheated you.
We will advise you guys how to go about recovering your money and how to fook this scammers right up to their underwear.
FXUNITED REMOVED FROM NZ COMPANY REGISTRAR
business.govt.nz/companies/news-updates/public-notices/company-removals-notices/19-may-2016-s318-1-ba
So, you people thought we were kidding right?
Just a few hours ago, we warned about FSPR and now do you believe in what this barking dogs were saying?
Now, let me share with you another good news, RAID? You smart alecs figure it out, dont tell nobody warned you buddy.
The final statement from the jokers "MANAGEMENT":
FXUNITED IS A VICTIM OF REGULATORS AND WE CANNOT REFUND YOUR MONEY BECAUSE OUR ACCOUNT IS FROZEN.
SAME LAME EXCUSES FROM MLM SCAMMERS.
But you victims have a better chance to recover your lossess compare to other mlm victims because the money deposited by the victims were not kept in a separate and dedicated custodial account but in various accounts held by the MIB and IB’s.
So, dear victims do not worry, you still have legal remedies to fook the perpetrators because they cheated you.
We will advise you guys how to go about recovering your money and how to fook this scammers right up to their underwear.
- Jaason Benedict
May 19th, 2016 at 12:20 pm Jaason Benedict(Q)
May 19th, 2016 at 12:20 pm Jaason Benedict(Q)
- @Anthony,
VenusFX is scam. Operational mode slightly differ than FXUnited. Stay away.
Shah, your input will be most welcome.
VenusFX is scam. Operational mode slightly differ than FXUnited. Stay away.
Shah, your input will be most welcome.
- jaason benedict
May 20th, 2016 at 8:14 pm jaason benedict(Q)
May 20th, 2016 at 8:14 pm jaason benedict(Q)
- Suresh,
You seems more on defending the "Institution" since you have invested in it. That single reason had "blind" you from seeing the truth.
1.If i t is a legally running company, why it had been deregistered?
2. If it is an international forex broker, why more than 85% of it’s traffic comes from Malaysia?
You can check the traffic hits here: similarweb.com/website/fxunited.com#overview
You had been reaping the "benefits" and that make your confident grows. And, you will keep investing to reap more "Income" and also recruits other. That is the classic way of any Ponzi schemes.
Yes, I didn’t have evidences as Shah expose. But, spend some time do your research. Don’t be fooled by others as they will shows evidents that even professionals such as Doctor, lawyer, lecturer etc are joining. Don’t mean to insult any of that profession.
I didn’t say making money is wrong. But do understand that it should come from a proper channel.
You seems more on defending the "Institution" since you have invested in it. That single reason had "blind" you from seeing the truth.
1.If i t is a legally running company, why it had been deregistered?
2. If it is an international forex broker, why more than 85% of it’s traffic comes from Malaysia?
You can check the traffic hits here: similarweb.com/website/fxunited.com#overview
You had been reaping the "benefits" and that make your confident grows. And, you will keep investing to reap more "Income" and also recruits other. That is the classic way of any Ponzi schemes.
Yes, I didn’t have evidences as Shah expose. But, spend some time do your research. Don’t be fooled by others as they will shows evidents that even professionals such as Doctor, lawyer, lecturer etc are joining. Don’t mean to insult any of that profession.
I didn’t say making money is wrong. But do understand that it should come from a proper channel.
- Frank
May 20th, 2016 at 10:25 pm Frank(Q)
May 20th, 2016 at 10:25 pm Frank(Q)
- Shah, your doing a great job! As long as greedy people are around con-men will always flourish. Good expose on this scam.
- May 21st, 2016 at 1:46 am (Q)
- Bro..
More expose and RAID? PLEASE wait FOR OUR UPDATES…AND YOU WILLBKNOWWHATIAMSAYINGANDJUSTWAITPATIENTLYANDSEEHOWWEGONNAFOOKTHISMOTHAFOOKERSRIGHTDOWNTOtheirunderwear.
More expose and RAID? PLEASE wait FOR OUR UPDATES…AND YOU WILLBKNOWWHATIAMSAYINGANDJUSTWAITPATIENTLYANDSEEHOWWEGONNAFOOKTHISMOTHAFOOKERSRIGHTDOWNTOtheirunderwear.
- May 21st, 2016 at 12:46 pm (Q)
- Just to highlight, some facts in this website here is wrong
The plan posted in this website is for their manual forex trading plan which has completely nothing to do with the CGAT plan
fxunited.com/partnership-affiliate-program.php
lvl 1 54%
lvl 2 20%
lvl 3 5%
lvl 4 3%
lvl 5 3%
For example if your lvl 1 downline opens 50 lots
EUR/USD spread= 3
50X3= 150
LVL 1 daily commission = $150×54%= $USD81
I don’t see anything wrong with their affiliate program for manual forex trading as it is base on a ECN platform not their own manipulated market
There are tons of other forex brokers out there that have their own unique manual trading affiliate plan.
google.com/search?q=broker+affiliate+programs&ie=utf-8&oe=utf-8&client=firefox-b
Fxunited also offers an EA to trade for you.
This is the investment(CGAT) plan
fxunited.com/cgat.php
Self Affiliates 12.0 %
Level 1 4.5 %
Level 2 2.0 %
Level 3 1.0 %
Level 4 0.3 %
Every CGAT investor will receive a minimum 12% interest monthly. This website stated that they can only withdraw the funds only if they have more then 150% which is wrong.
The additional 30% equity is only for trading purposes and it another extra margin for forex trading. This protects the investors from losing funds from their own principal.
An investor will receive their monthly 12% dividen. If the roi makes anything more then 150% then that is a bonus.
Every CGAT investor can WITHDRAW their capital at any moment before the contract regardless of any situation. In this website it’s mentioned that only if its 150% which is again another wrong fact
So please do a proper research regarding their affiliate program and investment plan as the facts posted in this website is wrong.
Introducer broker
For the IB’s(introducer brokers), there are manys IB’s all over the world. IB’s are only a medium of transfer to fxunited as an IB will enjoy the buy/sell difference from depositing it through their account. Funds are not stored in the IB account, all funds are then TT to fxunited directly.
Pro’s of depositing via IB.(fast deposits/withdrawals)
Cons(higher market rate)
Pro’s depositing directly to fxunited(following actual market rate)
Cons(slower deposits/withdrawals)
Main IB’s are
klfxunited
fxunited power
fxunited malaysia
fxunited action
fxunited glory
every depositor is entitled to deposit either directly/ or through ib is up to them.
USD funds is then credited to their fxunited account once the transaction is verified which they can start using to trade manually or either invest in the cgat plan.
Latest traffic by alexa: alexa.com/siteinfo/fxunited.com
Malaysia 73.8% 218
Singapore 12.2% 2,142
Australia 6.7% 21,703
India 2.9% 330,998
This was their reason annual dinner 2015
youtube.com/watch?v=q0zcRnRwlwc
this was their 2014 annual dinner when bryan was still the consultant
youtube.com/watch?v=vZe01BdbgtY
Fxunited is also a sponsor in a racing event
fxunited.com/lamborghini-blancpain-super-trofeo-asia.php
______________________________________________________
Since most of facts stated in this website regarding fxunited is wrong, I hope the blogger can do further research and provide correct information.
The plan posted in this website is for their manual forex trading plan which has completely nothing to do with the CGAT plan
fxunited.com/partnership-affiliate-program.php
lvl 1 54%
lvl 2 20%
lvl 3 5%
lvl 4 3%
lvl 5 3%
For example if your lvl 1 downline opens 50 lots
EUR/USD spread= 3
50X3= 150
LVL 1 daily commission = $150×54%= $USD81
I don’t see anything wrong with their affiliate program for manual forex trading as it is base on a ECN platform not their own manipulated market
There are tons of other forex brokers out there that have their own unique manual trading affiliate plan.
google.com/search?q=broker+affiliate+programs&ie=utf-8&oe=utf-8&client=firefox-b
Fxunited also offers an EA to trade for you.
This is the investment(CGAT) plan
fxunited.com/cgat.php
Self Affiliates 12.0 %
Level 1 4.5 %
Level 2 2.0 %
Level 3 1.0 %
Level 4 0.3 %
Every CGAT investor will receive a minimum 12% interest monthly. This website stated that they can only withdraw the funds only if they have more then 150% which is wrong.
The additional 30% equity is only for trading purposes and it another extra margin for forex trading. This protects the investors from losing funds from their own principal.
An investor will receive their monthly 12% dividen. If the roi makes anything more then 150% then that is a bonus.
Every CGAT investor can WITHDRAW their capital at any moment before the contract regardless of any situation. In this website it’s mentioned that only if its 150% which is again another wrong fact
So please do a proper research regarding their affiliate program and investment plan as the facts posted in this website is wrong.
Introducer broker
For the IB’s(introducer brokers), there are manys IB’s all over the world. IB’s are only a medium of transfer to fxunited as an IB will enjoy the buy/sell difference from depositing it through their account. Funds are not stored in the IB account, all funds are then TT to fxunited directly.
Pro’s of depositing via IB.(fast deposits/withdrawals)
Cons(higher market rate)
Pro’s depositing directly to fxunited(following actual market rate)
Cons(slower deposits/withdrawals)
Main IB’s are
klfxunited
fxunited power
fxunited malaysia
fxunited action
fxunited glory
every depositor is entitled to deposit either directly/ or through ib is up to them.
USD funds is then credited to their fxunited account once the transaction is verified which they can start using to trade manually or either invest in the cgat plan.
Latest traffic by alexa: alexa.com/siteinfo/fxunited.com
Malaysia 73.8% 218
Singapore 12.2% 2,142
Australia 6.7% 21,703
India 2.9% 330,998
This was their reason annual dinner 2015
youtube.com/watch?v=q0zcRnRwlwc
this was their 2014 annual dinner when bryan was still the consultant
youtube.com/watch?v=vZe01BdbgtY
Fxunited is also a sponsor in a racing event
fxunited.com/lamborghini-blancpain-super-trofeo-asia.php
______________________________________________________
Since most of facts stated in this website regarding fxunited is wrong, I hope the blogger can do further research and provide correct information.
- May 21st, 2016 at 1:16 pm (Q)
- The FX United compensation plan was my source material for this article. If they’ve since changed that, good for them.
This is the investment(CGAT) plan
So really, all I need to do is change the referral percentages quotes, and we’re good?
Done.
Meanwhile FX United is still an unregistered securities scheme with no transparency whatsoever.
I don’t see anything wrong with their affiliate program for manual forex trading as it is base on a ECN platform not their own manipulated market
If you want to do MLM and securities you need to be registered. Doesn’t matter what the security offering is attached to.
The additional 30% equity is only for trading purposes and it another extra margin for forex trading. This protects the investors from losing funds from their own principal.
An investor will receive their monthly 12% dividen. If the roi makes anything more then 150% then that is a bonus.
However you want to spin it chief, that’s fine.
You still need a 150% balance before you can withdraw, again sourced from the FX United compensation plan as at the time of publication of this review.
There’s a reason FX United has only taken off in Malaysia and we’ve got the Malaysian MLM underbelly crew trying to defend it here…
This is the investment(CGAT) plan
So really, all I need to do is change the referral percentages quotes, and we’re good?
Done.
Meanwhile FX United is still an unregistered securities scheme with no transparency whatsoever.
I don’t see anything wrong with their affiliate program for manual forex trading as it is base on a ECN platform not their own manipulated market
If you want to do MLM and securities you need to be registered. Doesn’t matter what the security offering is attached to.
The additional 30% equity is only for trading purposes and it another extra margin for forex trading. This protects the investors from losing funds from their own principal.
An investor will receive their monthly 12% dividen. If the roi makes anything more then 150% then that is a bonus.
However you want to spin it chief, that’s fine.
You still need a 150% balance before you can withdraw, again sourced from the FX United compensation plan as at the time of publication of this review.
There’s a reason FX United has only taken off in Malaysia and we’ve got the Malaysian MLM underbelly crew trying to defend it here…
- littleroundman
May 21st, 2016 at 1:24 pm littleroundman(Q)
May 21st, 2016 at 1:24 pm littleroundman(Q)
- John: Every CGAT investor will receive a minimum 12% interest monthly.
- So, a minimum of 144% yearly.
No need for highly complicated explanations.
That is plain bullshit.
No need for highly complicated explanations.
That is plain bullshit.
- K. Chang
May 21st, 2016 at 2:32 pm K. Chang(Q)
May 21st, 2016 at 2:32 pm K. Chang(Q)
- Oz: FX United has only taken off in Malaysia and we’ve got the Malaysian MLM underbelly crew trying to defend it here…
- FXUnited is NOT an approved Forex trader in Malaysia as per Malaysian Central Bank. JusticeAlwaysLate posted the list many times.
scontent-sea1-1.xx.fbcdn.net/t31.0-8/13130940_567413793437495_459292601125423536_o.png
On the first first line: FX United Malaysia and related entities.
scontent-sea1-1.xx.fbcdn.net/t31.0-8/13130940_567413793437495_459292601125423536_o.png
On the first first line: FX United Malaysia and related entities.
- May 21st, 2016 at 11:51 pm (Q)
- Please refer to the below about Nexusfx and very soon Fxunited.
astroawani.com/berita-malaysia/penipu-forex-kad-kredit-dan-pecah-amanah-ditahan-105886
astroawani.com/berita-malaysia/penipu-forex-kad-kredit-dan-pecah-amanah-ditahan-105886
- May 24th, 2016 at 8:51 pm (Q)
- John,
Thank you for the below details, Now we can zoom into all this IB’s and not Power Team alone. .
Main IB’s are
klfxunited
fxunited power
fxunited malaysia
fxunited action
fxunited glory
Thank you very much
Thank you for the below details, Now we can zoom into all this IB’s and not Power Team alone. .
Main IB’s are
klfxunited
fxunited power
fxunited malaysia
fxunited action
fxunited glory
Thank you very much
- May 25th, 2016 at 2:44 pm (Q)
- Shah you are doing a great job. Your findings are impressive. In fact thank you on your hardwork and effort to save all the ‘innocent’ people who are falling prey to FxUnited.
I suggest you also be just as aggressive as this on another big scale scam affecting Malaysia. It amounts to RM2.6billion and more is being siphoned out. Have you heard of 1MDB?
(Ozedit: Way off topic)
I suggest you also be just as aggressive as this on another big scale scam affecting Malaysia. It amounts to RM2.6billion and more is being siphoned out. Have you heard of 1MDB?
(Ozedit: Way off topic)
- May 25th, 2016 at 6:21 pm (Q)
- Asha,
The RM2.6 billion of IMDB is no brainer. It’s an Arab Fairy tale ala Robin Hood.
The RM2.6 billion of IMDB is no brainer. It’s an Arab Fairy tale ala Robin Hood.
- mahooo
May 27th, 2016 at 9:35 am mahooo(Q)
May 27th, 2016 at 9:35 am mahooo(Q)
- I try to WD my Capital yesterday, without any problem.
How can you say FXUnited is spam broker? Do you ever to join in before?
How can you say FXUnited is spam broker? Do you ever to join in before?
- Wizard of oz
May 27th, 2016 at 6:04 pm Wizard of oz(Q)
May 27th, 2016 at 6:04 pm Wizard of oz(Q)
- Wrong information.
Usd300 to usd10000
Level 1 (personally recruited affiliates) – 12%
level 2 – 4.5%
level 3 – 2%
levels 4 – 1%
level 5 – 0.3%
________________________________________
Correct information
USD300(membership only)
Capital usd1000 to usd10000 per cgat account.
Each investor can have up to 10 cgat account. 10000×10=
Max usd100k per investor.
Depositor income(12%)
Lvl1 4.5%(direct refferals)
Lvl2 2%
Lvl3 1%
Lvl4 0.3%
_______________________________________
Some good research has been made by the blogger but to falsely claim that if a forex broker is not permitted to run by a country central bank = scam is not true.
Central banks often protect their own banking institutions. For example almost every large forex broker is blacklisted by the Malaysian central bank to protect it’s cronies.
I do agree that something is wrong when fxunited has deregistered from their fsp. This is the company’s announcement
Dear Partners,
As some of you are aware of the current issues in regards to FMA, on behalf of the broker we would like to address it. There has been attack on us especially targetting our team on social media and various platform for only one reason- jealously.
We have never claim that we have been endorsed or licensed by FMA but only a FSP registed entity. However the broker did respond to the authorities on this matter but they fail to accept it because find it hard to understand how CGAT works.
They are straight on normal trading and financial authorities only want to protect financial bodies such as the banking institutions. Attack on social media has become an advantage for them to act on this matter. The authorities reply which was published in social media became the last straw for them to take action.
Not to be alarm as the broker(fxunited) has already switch to another authority for licences ever since this issue surfaced. It’s a matter of time announcement will be made. For security reasons they are not able to release any information.
With the opening of Manila office beginning June’16 and sponsoring various activities like the racing circuit, definitely it’s putting us on the top.
Well please carry on with the investigation I would personally like to see the outcome. Are they a scam that has been operational for 10 years or a legitimate company.
Usd300 to usd10000
Level 1 (personally recruited affiliates) – 12%
level 2 – 4.5%
level 3 – 2%
levels 4 – 1%
level 5 – 0.3%
________________________________________
Correct information
USD300(membership only)
Capital usd1000 to usd10000 per cgat account.
Each investor can have up to 10 cgat account. 10000×10=
Max usd100k per investor.
Depositor income(12%)
Lvl1 4.5%(direct refferals)
Lvl2 2%
Lvl3 1%
Lvl4 0.3%
_______________________________________
Some good research has been made by the blogger but to falsely claim that if a forex broker is not permitted to run by a country central bank = scam is not true.
Central banks often protect their own banking institutions. For example almost every large forex broker is blacklisted by the Malaysian central bank to protect it’s cronies.
I do agree that something is wrong when fxunited has deregistered from their fsp. This is the company’s announcement
Dear Partners,
As some of you are aware of the current issues in regards to FMA, on behalf of the broker we would like to address it. There has been attack on us especially targetting our team on social media and various platform for only one reason- jealously.
We have never claim that we have been endorsed or licensed by FMA but only a FSP registed entity. However the broker did respond to the authorities on this matter but they fail to accept it because find it hard to understand how CGAT works.
They are straight on normal trading and financial authorities only want to protect financial bodies such as the banking institutions. Attack on social media has become an advantage for them to act on this matter. The authorities reply which was published in social media became the last straw for them to take action.
Not to be alarm as the broker(fxunited) has already switch to another authority for licences ever since this issue surfaced. It’s a matter of time announcement will be made. For security reasons they are not able to release any information.
With the opening of Manila office beginning June’16 and sponsoring various activities like the racing circuit, definitely it’s putting us on the top.
Well please carry on with the investigation I would personally like to see the outcome. Are they a scam that has been operational for 10 years or a legitimate company.
- May 27th, 2016 at 6:14 pm (Q)
- So now it’s a minimum $1000 investment on top of a $300 admin fee? Nothing suss!
And "jealousy"? Sounds like this is being run some teenage amateurs.
Basically their lies became undone with authorities in NZ started asking questions they couldn’t answer. Now they’re on the run and making it up as they go along.
Are they a scam that has been operational for 10 years or a legitimate company.
10 years? :rolleyes:
FX United is still a shady investment scheme doing run by who knows who doing who knows what with your money from who knows where.
And "jealousy"? Sounds like this is being run some teenage amateurs.
Basically their lies became undone with authorities in NZ started asking questions they couldn’t answer. Now they’re on the run and making it up as they go along.
Are they a scam that has been operational for 10 years or a legitimate company.
10 years? :rolleyes:
FX United is still a shady investment scheme doing run by who knows who doing who knows what with your money from who knows where.
- May 27th, 2016 at 11:29 pm (Q)
- Hello Wizard of Oz,
SOME, VERY INTERESTING UPDATE FOR YOUR ATTENTION.
TITLE: United Global Holdings/FX United, big in Malaysia
First up is United Global Holdings, trading name FX United Exchange & Trading. This entity appears to be causing mayhem in Malaysia and is poised to be struck off as both a NZ financial service provider and company having been drawn to the attention of both the Financial Markets Authority (FMA) and Companies Office.
United Global/FX United claims its headquarters are at Level 9 Technology One House, 86 Victoria Street, Wellington. We’ll start the story there. Signage at the building, and the offices on the ninth floor, show no evidence of either a United Global Holdings or FX United.
The address is actually that of a legitimate Wellington forex trading company, Forex Ltd. Its part owner, Simon Greig, says his firm first discovered the unauthorised use of its address about two months ago when a man who said he was from the Malaysian Embassy visited the office, inquiring about United Global Holdings because of concerns raised by people in Malaysia who were investing money in its schemes. There is no embassy in Wellington, rather a High Commission.
But Greig said that after the Malaysian departed, Forex Ltd made a complaint to both the FMA and the Companies Office about the abuse of its address. He said Forex Ltd was also in the process of contacting United Global Holdings, asking it to cease using Forex Ltd’s office as its front.
Greig said he had looked at its website and as far as he could see the affiliate programme being promoted looked like "a big Ponzi scheme."
DEAR WIZARD, FOR MORE INFORMATION, PLEASE REFER TO THE LINK BELOW:
nakedcapitalism.com/2016/05/new-zealand-the-worlds-tiniest-international-stock-exchange-a-big-ponzi-scheme-and-other-crazy-tales-from-john-keys-financial-services-hub.html
SOME, VERY INTERESTING UPDATE FOR YOUR ATTENTION.
TITLE: United Global Holdings/FX United, big in Malaysia
First up is United Global Holdings, trading name FX United Exchange & Trading. This entity appears to be causing mayhem in Malaysia and is poised to be struck off as both a NZ financial service provider and company having been drawn to the attention of both the Financial Markets Authority (FMA) and Companies Office.
United Global/FX United claims its headquarters are at Level 9 Technology One House, 86 Victoria Street, Wellington. We’ll start the story there. Signage at the building, and the offices on the ninth floor, show no evidence of either a United Global Holdings or FX United.
The address is actually that of a legitimate Wellington forex trading company, Forex Ltd. Its part owner, Simon Greig, says his firm first discovered the unauthorised use of its address about two months ago when a man who said he was from the Malaysian Embassy visited the office, inquiring about United Global Holdings because of concerns raised by people in Malaysia who were investing money in its schemes. There is no embassy in Wellington, rather a High Commission.
But Greig said that after the Malaysian departed, Forex Ltd made a complaint to both the FMA and the Companies Office about the abuse of its address. He said Forex Ltd was also in the process of contacting United Global Holdings, asking it to cease using Forex Ltd’s office as its front.
Greig said he had looked at its website and as far as he could see the affiliate programme being promoted looked like "a big Ponzi scheme."
DEAR WIZARD, FOR MORE INFORMATION, PLEASE REFER TO THE LINK BELOW:
nakedcapitalism.com/2016/05/new-zealand-the-worlds-tiniest-international-stock-exchange-a-big-ponzi-scheme-and-other-crazy-tales-from-john-keys-financial-services-hub.html
- May 28th, 2016 at 4:47 am (Q)
- Shan, You have a lot of prove about FX UNITED it’s scam company.
Why not you make police report on that company and handover all the prove that you have to police.
Let’s police take an action on the company, if u really care about public make a police report, not texting here talking the same nonsense.
Why not you make police report on that company and handover all the prove that you have to police.
Let’s police take an action on the company, if u really care about public make a police report, not texting here talking the same nonsense.
- May 28th, 2016 at 10:18 am (Q)
- Paying payinggggg, My 10K USD received, they start to paying now after their payment gateway upgraded.
Now can invest with BITCOIN, they are strong like a bull!!!
Now can invest with BITCOIN, they are strong like a bull!!!
- May 28th, 2016 at 6:53 pm (Q)
- Now can invest with BITCOIN
Invest in what? FX United is supposed to be an unregistered securities automated forex scheme.
Now they’re investing in bitcoin???
Invest in what? FX United is supposed to be an unregistered securities automated forex scheme.
Now they’re investing in bitcoin???
- Steven
May 29th, 2016 at 10:29 pm Steven(Q)
May 29th, 2016 at 10:29 pm Steven(Q)
- FX United is probably the best residual income plan available in the world. FX United Power International is run by a hardworking legitimate businessman called Dato’ Raja.
Those who are condemning FX United or Power International are idiots. I am making money and so are hundreds of thousands of others.
The idiots are still complaining and working 2 jobs or maybe even cheating people so they can pay their bills. So those who have not invested in FX United please STFU.
Those who are condemning FX United or Power International are idiots. I am making money and so are hundreds of thousands of others.
The idiots are still complaining and working 2 jobs or maybe even cheating people so they can pay their bills. So those who have not invested in FX United please STFU.
- May 30th, 2016 at 6:34 am (Q)
- FX United Power International is run by a hardworking legitimate businessman called Dato’ Raja.
Why is it every MLM company run by Malaysia’s Datos is scammy?
What are they teaching people at the Dato school of MLM?
Those who are condemning FX United or Power International are idiots.
The idiots are still complaining and working 2 jobs or maybe even cheating people so they can pay their bills.
I am making money and so are hundreds of thousands of others.
Those are some pretty convincing arguments. I love how you categorically explained why FX United isn’t an unregistered securities scheme likely operating as a Ponzi.
And "hundreds of thousands" of affiliates… lol, thanks for that.
Why is it every MLM company run by Malaysia’s Datos is scammy?
What are they teaching people at the Dato school of MLM?
Those who are condemning FX United or Power International are idiots.
The idiots are still complaining and working 2 jobs or maybe even cheating people so they can pay their bills.
I am making money and so are hundreds of thousands of others.
Those are some pretty convincing arguments. I love how you categorically explained why FX United isn’t an unregistered securities scheme likely operating as a Ponzi.
And "hundreds of thousands" of affiliates… lol, thanks for that.
- May 30th, 2016 at 8:14 pm (Q)
- HELLO ALL,
REFER ITEM NUMBER 5.
BANK NEGARA LATEST BLACKLISTED COMPANIES AS AT 27/5/16
Financial Consumer Alert: List of unauthorized companies and websites has been updated.
The Bank has updated the Financial Consumer Alert list. The list consists of companies and websites which are neither authorized nor approved under the relevant laws and regulations administered by BNM.
1. Classic Worldwide Corporation (M) Sdn Bhd
2. Pioneer Forest Sdn Bhd
3. MX3 World Wide
4. Instagroup Resources
5. FXUNITED POWER SDN BHD
6. Pok Din Empire Sdn Bhd
7. Pok Din Consultant & Services
REFER ITEM NUMBER 5.
BANK NEGARA LATEST BLACKLISTED COMPANIES AS AT 27/5/16
Financial Consumer Alert: List of unauthorized companies and websites has been updated.
The Bank has updated the Financial Consumer Alert list. The list consists of companies and websites which are neither authorized nor approved under the relevant laws and regulations administered by BNM.
1. Classic Worldwide Corporation (M) Sdn Bhd
2. Pioneer Forest Sdn Bhd
3. MX3 World Wide
4. Instagroup Resources
5. FXUNITED POWER SDN BHD
6. Pok Din Empire Sdn Bhd
7. Pok Din Consultant & Services
- Balan G N
Jun 1st, 2016 at 8:30 am Balan G N(Q)
Jun 1st, 2016 at 8:30 am Balan G N(Q)
- It took me almost 3 months before I decided to join FXU. Let me say that I’m still skeptical about the whole thing.
However, I’ve been getting my 11% every month and have been able to withdraw the entire amount into my personal bank account. Now, 11% per month sounds ridiculous…..I know. But with quite a bit of time spent studying and learning how to read trends, I made about 80% from manual trading using MT4….within 2 months.
If a beginner like me can do so, why not a company that has the ability to hire pros?
So, 11% + 4.5% (1st Level downline) + 2% (2nd Level downline) + 1% (3rd Level downline) + 0.3% (4th Level downline) = 18.8%. If FXU paid 18.8% to each member, FXU still earns much more.
Think about this: It’s possible to earn 1% daily from your equity if you trade using your brain instead of your heart (plus a whole lot of reading on Forex and Money Management). That’s 20% – 22% per month.
That’s more than what the company pays out. Invest 300USD into a WINST account and trying trading. Your uplines will say that you "HAVE TO" invest in CGAT as well.
Tell them to pucker up and place it on your behind. Try trading for a month and see if its possible to earn 20% (read up about Forex trading first). You’ll see that 11% isn’t a big deal.
Then decide if you want to invest in CGAT. Note that I’ve lost money too, but gained more than lost. Technically, we’re the golden goose for FXU. They’re making millions off us from the money that we invest and we get peanuts (just my assumption though).
But, which other institution gives u 11% per month? You want risk free?? Put your money in fixed deposit for 4% to 5% per ANNUM or maybe in Unit Trust for 10% to 15% per ANNUM
So yeah…. it may be a Ponzi scheme and there is a possibility that I may lose all my money. But I took that risk.
Remember folks, there is risk in everything. Hell, walking out your home these days is a bloody risk. Muggers, murderers and rapists and what not. You either try to mitigate the risk or live in fear. Or just pray like hell that nothing bad ever happens.
Note: I’m talking from my own experience. You can either read this and go "hmmmm" or you could say "Piss off" and move on to the next post. No need to get up close and personal
However, I’ve been getting my 11% every month and have been able to withdraw the entire amount into my personal bank account. Now, 11% per month sounds ridiculous…..I know. But with quite a bit of time spent studying and learning how to read trends, I made about 80% from manual trading using MT4….within 2 months.
If a beginner like me can do so, why not a company that has the ability to hire pros?
So, 11% + 4.5% (1st Level downline) + 2% (2nd Level downline) + 1% (3rd Level downline) + 0.3% (4th Level downline) = 18.8%. If FXU paid 18.8% to each member, FXU still earns much more.
Think about this: It’s possible to earn 1% daily from your equity if you trade using your brain instead of your heart (plus a whole lot of reading on Forex and Money Management). That’s 20% – 22% per month.
That’s more than what the company pays out. Invest 300USD into a WINST account and trying trading. Your uplines will say that you "HAVE TO" invest in CGAT as well.
Tell them to pucker up and place it on your behind. Try trading for a month and see if its possible to earn 20% (read up about Forex trading first). You’ll see that 11% isn’t a big deal.
Then decide if you want to invest in CGAT. Note that I’ve lost money too, but gained more than lost. Technically, we’re the golden goose for FXU. They’re making millions off us from the money that we invest and we get peanuts (just my assumption though).
But, which other institution gives u 11% per month? You want risk free?? Put your money in fixed deposit for 4% to 5% per ANNUM or maybe in Unit Trust for 10% to 15% per ANNUM
So yeah…. it may be a Ponzi scheme and there is a possibility that I may lose all my money. But I took that risk.
Remember folks, there is risk in everything. Hell, walking out your home these days is a bloody risk. Muggers, murderers and rapists and what not. You either try to mitigate the risk or live in fear. Or just pray like hell that nothing bad ever happens.
Note: I’m talking from my own experience. You can either read this and go "hmmmm" or you could say "Piss off" and move on to the next post. No need to get up close and personal
- Jun 1st, 2016 at 8:37 am (Q)
- However, I’ve been getting my 11% every month and have been able to withdraw the entire amount into my personal bank account.
So ask yourself, why do they need your money at all?
Take out a $1000 loan from the bank, earn 11% a month and in a few years be the richest person on the planet.
You and I both know why they need your money and where your 11% ROI is coming from…
So yeah…. it may be a Ponzi scheme
But you don’t care and can see only as far as your hip-pocket. Screw everybody else you’re stealing from.
I suppose you’re honest about it, so at least there’s that.
So ask yourself, why do they need your money at all?
Take out a $1000 loan from the bank, earn 11% a month and in a few years be the richest person on the planet.
You and I both know why they need your money and where your 11% ROI is coming from…
So yeah…. it may be a Ponzi scheme
But you don’t care and can see only as far as your hip-pocket. Screw everybody else you’re stealing from.
I suppose you’re honest about it, so at least there’s that.
- jaason benedict
Jun 1st, 2016 at 3:58 pm jaason benedict(Q)
Jun 1st, 2016 at 3:58 pm jaason benedict(Q)
- Most people do not bother as long as they can earn money. Principle doesn’t matter for them and they don’t mind either it is a scam or Ponzi.
Yes, Balan G N. Since you are very confident with the company, why not take Oz. challenge. Take a $xxxk loan from bank, invest in FxU and at the end of the day, you are making money.
Yes, Balan G N. Since you are very confident with the company, why not take Oz. challenge. Take a $xxxk loan from bank, invest in FxU and at the end of the day, you are making money.
- Once you make your millions, show all the varsities how "Stupid" they are teaching students to earn a job. May be you can be their honorable consultant as well.
This goes to all the scam supporters as well. If you are confident with that institution, go take a few thousand dollar loan and invest in it. Resign from your day job. "Enjoy" the outcome. Wish you all the best.
This goes to all the scam supporters as well. If you are confident with that institution, go take a few thousand dollar loan and invest in it. Resign from your day job. "Enjoy" the outcome. Wish you all the best.
- Jun 1st, 2016 at 5:53 pm (Q)
- @ Balan re: forex trading, yeah, heard it all before. Read a few ‘how to’s’, sign up on MT4 and it’s a piece of cake lol.
I’ve been trading for thirty years and, believe me, it doesn’t work out like that.
There’s a much quoted 90/90/90 stat, possibly apocryphal, in derivative trading, = 90% of retail traders lose 90% of their stake in 90 days.
As far as your overall analysis of ‘risk’ is concerned, the YOLO attitude is much encouraged by scammers because it is emotion based and exploitable.
There are a number of opportunities to make money in the world today which have quantifiable risk profiles and a good return, without the need to abandon any moral sense and enrichen thieves and liars.
I’ve been trading for thirty years and, believe me, it doesn’t work out like that.
There’s a much quoted 90/90/90 stat, possibly apocryphal, in derivative trading, = 90% of retail traders lose 90% of their stake in 90 days.
As far as your overall analysis of ‘risk’ is concerned, the YOLO attitude is much encouraged by scammers because it is emotion based and exploitable.
There are a number of opportunities to make money in the world today which have quantifiable risk profiles and a good return, without the need to abandon any moral sense and enrichen thieves and liars.
- Bob the builder can we fix this
Jun 1st, 2016 at 6:52 pm Bob the builder can we fix this(Q)
Jun 1st, 2016 at 6:52 pm Bob the builder can we fix this(Q)
- Participating in ponzi schemes in it’s early stage of it’s growth is also another form of making quick cash (high risk).
But to network market a ponzi scheme and claiming it’s 100% legitimate is very unethical and going full retard.
Is fxunited a ponzi scheme? To be honest in my opinion it is a 50/50. They have refunded and still have a 100% clean history of paying their clients till date or maybe they might be trying to hit a billion dollars. Who knows?
After deregistering from new Zealand fsp. They are now only accepting perfect money/bitcoin as withdrawals and deposits. Looks like a brilliant move as now no jurisdiction in this world can freeze their perfect money or bitcoin accounts.
I’m a personal fxunited investor and yes I have actually took a bank loan back (30kusd) in 2014 and invested it the system and have clean profit till now.
Would I do it again? With all this controversies obviously no.
Would I withdraw my capital? No because i have a bit of faith to see how it turns out.
But to network market a ponzi scheme and claiming it’s 100% legitimate is very unethical and going full retard.
Is fxunited a ponzi scheme? To be honest in my opinion it is a 50/50. They have refunded and still have a 100% clean history of paying their clients till date or maybe they might be trying to hit a billion dollars. Who knows?
After deregistering from new Zealand fsp. They are now only accepting perfect money/bitcoin as withdrawals and deposits. Looks like a brilliant move as now no jurisdiction in this world can freeze their perfect money or bitcoin accounts.
I’m a personal fxunited investor and yes I have actually took a bank loan back (30kusd) in 2014 and invested it the system and have clean profit till now.
Would I do it again? With all this controversies obviously no.
Would I withdraw my capital? No because i have a bit of faith to see how it turns out.
- Jun 1st, 2016 at 7:00 pm (Q)
- @tmfp… Excellent writting.
@Balan,Can you please enlightened all those who have invested in the auta robot trading CGAT, whats going to happen to their money as Bank Negara Malaysia has blacklisted one of the scam company called FX United Power Sdn Bhd.
You and I know pretty well, once the company is listed in BNM website as company to be wary of, it is matter of time the authority moves in and take necessary action under the Malaysian law.
In this event, who is answerable to the investors, UGHL? We dont think so, it is in the process of delisting by New Zealand company register. Fxunited Power Sdn Bhd????? This owner, Dato Raja, they say this is not his real name, he is celebrated as having the biggest network and earns 2 million per month, wow, thats hella of huge money!!!!!
We are not simply saying this, check out the blog by an Australian lawyer who is an advocate/supporter of FXunited, refer to this LINK, he says the scammer earns 2 million pper month and his downliner by the name of Peter Tan earns 20K per month.
This is not something we made up, it is your own confession, buddy.
fxunitedexplained.com/is-fx-united-a-scam/
Do not stick to your rhetorics of how you people are making money and benefiting from this scam, even pimps are generating huge income. Just take a moment and answer these questions like a good child.
Do you know who created Reza Mokhtarian the forex scammer? Brian Johnson.
Do you know who created LQD Markets? Brian Johnson.
Do you know who created FX united with help of Malaysian scammers? Brian Johnson.
None of the above 2 foreign entities are legal and every single one of it has been closed down and serious action being taken by the authorities. Millions are stolen from people.
Do you know when LQD went into liquidation, it only few thousand USD in their account.
Now Balan, can you explain what happened to the millions collected by this companies?
So, the conclusion is, history is going to repeat again and all those who are still in Wonderland with Alice,especially Malaysians are going to get screwed big time.
So wake up man, refer to the above link and you will notice, even this guy who was championing FXunited has warned people from investing in this company.
So think my friend, it is your hard earned money. Do not let this liars take away what is rightfully yours.
@Balan,Can you please enlightened all those who have invested in the auta robot trading CGAT, whats going to happen to their money as Bank Negara Malaysia has blacklisted one of the scam company called FX United Power Sdn Bhd.
You and I know pretty well, once the company is listed in BNM website as company to be wary of, it is matter of time the authority moves in and take necessary action under the Malaysian law.
In this event, who is answerable to the investors, UGHL? We dont think so, it is in the process of delisting by New Zealand company register. Fxunited Power Sdn Bhd????? This owner, Dato Raja, they say this is not his real name, he is celebrated as having the biggest network and earns 2 million per month, wow, thats hella of huge money!!!!!
We are not simply saying this, check out the blog by an Australian lawyer who is an advocate/supporter of FXunited, refer to this LINK, he says the scammer earns 2 million pper month and his downliner by the name of Peter Tan earns 20K per month.
This is not something we made up, it is your own confession, buddy.
fxunitedexplained.com/is-fx-united-a-scam/
Do not stick to your rhetorics of how you people are making money and benefiting from this scam, even pimps are generating huge income. Just take a moment and answer these questions like a good child.
Do you know who created Reza Mokhtarian the forex scammer? Brian Johnson.
Do you know who created LQD Markets? Brian Johnson.
Do you know who created FX united with help of Malaysian scammers? Brian Johnson.
None of the above 2 foreign entities are legal and every single one of it has been closed down and serious action being taken by the authorities. Millions are stolen from people.
Do you know when LQD went into liquidation, it only few thousand USD in their account.
Now Balan, can you explain what happened to the millions collected by this companies?
So, the conclusion is, history is going to repeat again and all those who are still in Wonderland with Alice,especially Malaysians are going to get screwed big time.
So wake up man, refer to the above link and you will notice, even this guy who was championing FXunited has warned people from investing in this company.
So think my friend, it is your hard earned money. Do not let this liars take away what is rightfully yours.
- Jun 1st, 2016 at 7:30 pm (Q)
- Refer to this article: GOOD JOKE
April 6, 2016
More background on FX United – views from Peter Tan
I had a long discussion with Peter Tan last Friday night. Peter is a very successful FX United member, who early over $20,000 per month from FX United (ie on top of his day job as a financial adviser based in Penang). Peter was presenting at a preview night held in Burwood (a suburb of Sydney).
I said that I had some lingering doubts about whether FX United really exists, and whether the CGAT system could continue to produce the returns that FX United pays so far – and provide a capital guarantee (ie monthly top-up).
He said he had met the representatives from FX United when they were in Malaysia, and that they were clearly smart business people who knew what they were doing.
He explained to me how all major trades by FX United are effectively hedged by a counter trade, which they are in a position to place in the wholesale market (ie if we buy, then they sell) – so that if our accounts lose, they gain by the equivalent amount … while all the time earning spread (or commission) on the trade. That is why FX United is in a position to top up our accounts if they make a loss.
However, he said that he did not think that CGAT was the whole story. FX United is undoubtedly holding millions of dollars, for thousands of traders, so they are in a position to place funds and earn interest on the overnight money market, and to make very large profits just from this investment.
He pointed out that if anyone is in a position maximize advantage from the the financial system (for our joint advantage) then it is a foreign exchange broker.
However, Peter agreed that none of us fully understands all the business dealings of FX United. All that Peter could say with certainty is that they have never missed a payment on his account since he joined in August 2015, and similarly for his boss since 2013.
He also pointed out that given the very high returns provide, any trading capital placed with FX United is effectively repaid within 9 months, and if we introduce other people, then that period can be reduced down to just a few months.
At the end of the day there is risk in this investment (like any business), but the risk diminishes quickly over a very short period of time.
CONCLUSION: READ THE ARTICLE AND YOU WILL NOTICE THAT THIS GUY PETER CANNOT EVEN TELL WHAT KIND OF INVESTMENT THEY ARE IN EXCEPT FOR THE FACT HE IS RECEIVING PAYOUT WITHOUT FAIL…WHAT A FISHING JOKE.
fxunitedexplained.com/news/2016/4/6/some-more-background-on-fx-united
April 6, 2016
More background on FX United – views from Peter Tan
I had a long discussion with Peter Tan last Friday night. Peter is a very successful FX United member, who early over $20,000 per month from FX United (ie on top of his day job as a financial adviser based in Penang). Peter was presenting at a preview night held in Burwood (a suburb of Sydney).
I said that I had some lingering doubts about whether FX United really exists, and whether the CGAT system could continue to produce the returns that FX United pays so far – and provide a capital guarantee (ie monthly top-up).
He said he had met the representatives from FX United when they were in Malaysia, and that they were clearly smart business people who knew what they were doing.
He explained to me how all major trades by FX United are effectively hedged by a counter trade, which they are in a position to place in the wholesale market (ie if we buy, then they sell) – so that if our accounts lose, they gain by the equivalent amount … while all the time earning spread (or commission) on the trade. That is why FX United is in a position to top up our accounts if they make a loss.
However, he said that he did not think that CGAT was the whole story. FX United is undoubtedly holding millions of dollars, for thousands of traders, so they are in a position to place funds and earn interest on the overnight money market, and to make very large profits just from this investment.
He pointed out that if anyone is in a position maximize advantage from the the financial system (for our joint advantage) then it is a foreign exchange broker.
However, Peter agreed that none of us fully understands all the business dealings of FX United. All that Peter could say with certainty is that they have never missed a payment on his account since he joined in August 2015, and similarly for his boss since 2013.
He also pointed out that given the very high returns provide, any trading capital placed with FX United is effectively repaid within 9 months, and if we introduce other people, then that period can be reduced down to just a few months.
At the end of the day there is risk in this investment (like any business), but the risk diminishes quickly over a very short period of time.
CONCLUSION: READ THE ARTICLE AND YOU WILL NOTICE THAT THIS GUY PETER CANNOT EVEN TELL WHAT KIND OF INVESTMENT THEY ARE IN EXCEPT FOR THE FACT HE IS RECEIVING PAYOUT WITHOUT FAIL…WHAT A FISHING JOKE.
fxunitedexplained.com/news/2016/4/6/some-more-background-on-fx-united
- Jun 1st, 2016 at 9:54 pm (Q)
- Hello, I read all the comments, did some digging and googling and oh yes, knew a few people investing in fxunited.
Was asked to join them last year April and immediately knew this is too good to be true. Revisit the family doing this and notice they are living quite well off now, earning more than RM20K/month from fxunited.
Recovered all their investment capital. Hmm maybe i should dump some spare cash on this rather than buy a RM10K handbag for the home minister. But wait, let me start digging again and googling bring me here.
Good job to those that did extensive check on this company. Here is a summary of what my own findings:
1. FXIntel – surfaced in 2009 and changed its name to FXintellingence – CEO/Founder Brian Walter Johnson
2. Prime Intelligence – wholly-owned by FXIntel and same CEO
3. UGHL – Director Brian Walter Johnson/Rujina Begum UGHL Registered in 2014.
WHOIS showed:
1. FXIntel/PrimeIntel registered by Brian in 2014
2. FXUnited registered by Rujina Begum in 2006
3. List of companies where brian is a director before: coys.co.nz/director-search/?q=JOHNSON%2C+Brian+Walter
The interesting part of my findings resulted in the more questions but the following is enough to ring a warning bell that this is a definite shady company to invest.
1. Reza Mokhtarian is a director of FXIntel based on 2014 filing of company document, what is his relationship with Brian?
2. Is Reza a product of Brian or his mentor?
3. David Lathrop is listed as his MD in both companies and his profile linkedin.com/in/david-lathrop-0b052932 didn’t show much info as to how he is a genius in running one of the best investment systems in the world. Who is this guy besides his experiences in failed fx companies?
4. Why are both men are not talked about in financial industries when they happened to be owning one of the best ever investment company? At least Reza is well known.
My conclusion:
DEFINITELY NOT TRUSTWORTHY. WHETHER ITS A SCAM OR NOT, is another story. Scam by definition is someone who steal your money and runs off. so far they haven’t run and everyone gets what they promised. Only time will tell how far this will continue.
Will I invest? I give it another month and then decide whether to burn on handbag or fxunited or maybe give for raya money.
Was asked to join them last year April and immediately knew this is too good to be true. Revisit the family doing this and notice they are living quite well off now, earning more than RM20K/month from fxunited.
Recovered all their investment capital. Hmm maybe i should dump some spare cash on this rather than buy a RM10K handbag for the home minister. But wait, let me start digging again and googling bring me here.
Good job to those that did extensive check on this company. Here is a summary of what my own findings:
1. FXIntel – surfaced in 2009 and changed its name to FXintellingence – CEO/Founder Brian Walter Johnson
2. Prime Intelligence – wholly-owned by FXIntel and same CEO
3. UGHL – Director Brian Walter Johnson/Rujina Begum UGHL Registered in 2014.
WHOIS showed:
1. FXIntel/PrimeIntel registered by Brian in 2014
2. FXUnited registered by Rujina Begum in 2006
3. List of companies where brian is a director before: coys.co.nz/director-search/?q=JOHNSON%2C+Brian+Walter
The interesting part of my findings resulted in the more questions but the following is enough to ring a warning bell that this is a definite shady company to invest.
1. Reza Mokhtarian is a director of FXIntel based on 2014 filing of company document, what is his relationship with Brian?
2. Is Reza a product of Brian or his mentor?
3. David Lathrop is listed as his MD in both companies and his profile linkedin.com/in/david-lathrop-0b052932 didn’t show much info as to how he is a genius in running one of the best investment systems in the world. Who is this guy besides his experiences in failed fx companies?
4. Why are both men are not talked about in financial industries when they happened to be owning one of the best ever investment company? At least Reza is well known.
My conclusion:
DEFINITELY NOT TRUSTWORTHY. WHETHER ITS A SCAM OR NOT, is another story. Scam by definition is someone who steal your money and runs off. so far they haven’t run and everyone gets what they promised. Only time will tell how far this will continue.
Will I invest? I give it another month and then decide whether to burn on handbag or fxunited or maybe give for raya money.
- K. Chang
Jun 2nd, 2016 at 12:56 am K. Chang(Q)
Jun 2nd, 2016 at 12:56 am K. Chang(Q)
- Oh great, Peter is using the Madoff argument, even including the "maybe he’s skimming a little ahead of everybody" bit.
Also, Peter has NO IDEA how hedging actually works. The real people who has the advantage are hedge fund managers who has BILLIONs at their disposal, not a few pissant millions pooled from unaccredited investors who had no idea what they’re talking about.
He explained to me how all major trades by FX United are effectively hedged by a counter trade, which they are in a position to place in the wholesale market (ie if we buy, then they sell) – so that if our accounts lose, they gain by the equivalent amount … while all the time earning spread (or commission) on the trade.
This guy does NOT understand how hedging works. Hedging is not just a counter-trade, and you can’t make money both ways. The loss from one will offset any gains from another. It’s simply so you don’t lose everything and the kitchen sink if the whole thing tanks.
Furthermore, a "spread" is NOT commission, but a type of hedge. Look up "bear put spread" or "calendar spread" for some examples.
Hedging is also for SHORT-TERM risks and it can’t protect the trader from long-term bad bet.
You can look up what hedging really means in Investopedia. This "Peter" guy just got razzle-dazzled with buzzwords and he’s parroting them without realizing he haven’t learned ANYTHING.
Also, Peter has NO IDEA how hedging actually works. The real people who has the advantage are hedge fund managers who has BILLIONs at their disposal, not a few pissant millions pooled from unaccredited investors who had no idea what they’re talking about.
He explained to me how all major trades by FX United are effectively hedged by a counter trade, which they are in a position to place in the wholesale market (ie if we buy, then they sell) – so that if our accounts lose, they gain by the equivalent amount … while all the time earning spread (or commission) on the trade.
This guy does NOT understand how hedging works. Hedging is not just a counter-trade, and you can’t make money both ways. The loss from one will offset any gains from another. It’s simply so you don’t lose everything and the kitchen sink if the whole thing tanks.
Furthermore, a "spread" is NOT commission, but a type of hedge. Look up "bear put spread" or "calendar spread" for some examples.
Hedging is also for SHORT-TERM risks and it can’t protect the trader from long-term bad bet.
You can look up what hedging really means in Investopedia. This "Peter" guy just got razzle-dazzled with buzzwords and he’s parroting them without realizing he haven’t learned ANYTHING.
- Jun 2nd, 2016 at 2:26 am (Q)
- FX United is…in a position to place funds and earn interest on the overnight money market, and to make very large profits just from this investment.
Tired outdated cliche.
The money markets are awash with short term cash and have been since the invention of QE.
global-rates.com/images/charts/gr-libor-chart-6-31.jpg
The "hedging" nonsense has also been dismantled by K. Chang.
We are left with the usual argument: "They are paying out, so they must be legit".
Tired outdated cliche.
The money markets are awash with short term cash and have been since the invention of QE.
global-rates.com/images/charts/gr-libor-chart-6-31.jpg
The "hedging" nonsense has also been dismantled by K. Chang.
We are left with the usual argument: "They are paying out, so they must be legit".
- Paul Anderson
Jun 2nd, 2016 at 3:48 am Paul Anderson(Q)
Jun 2nd, 2016 at 3:48 am Paul Anderson(Q)
- I don’t remember fxunited offering a 12% roi for their personal recruited affiliate. Just by providing this wrong information you cant expect any other fxunited member to take your speculations seriously. Get ALL your facts right so at least we can take you seriously.
If you really want to bust down a scam at least for do it properly. Instead of speculating how they are making money, why not go into an investor’s cgat account in MT4 and observes how cgat trades live, give an opinion on that.
The always "why not take a loan from bank bullshit is ridiculous" If it were so simple wouldn’t every forex broker take loans from bank?
Just read "Shah" earlier comments that
1. They are not a registered entity( no wonder they were DEREGISTERED)
2. MT platform created specially for fxunited( did you even download it or just assume with its icon logo hahaha)
3. Shah if you claim that you have attended the previous dinner, you would of known that they were partners in lmax until the recent split. Many fxunited members have also visited lmax office
4. Pandeyan Maruthamuthu a.k.a dato raja which everyone in fxunited knows is his nick name. Fxunited power sdn bhd does not exist in the registra but has 10 company accounts?( how can it not exist but have 10 company accounts, seriously everything does not exist for you lol)
5. Now for the malaysian central bank, all the ib’s are well connected to bank negara and are closely monitored(watch list) they do show their monthly gross on the foreign investments, that’s why none of their accounts have been frozen. Do you honestly think BNM is run by idiots? They clearly do know what is happening but they are warning the public as it’s outside their jurisdiction.
6. Their support centre in manila will be fully operational in june 16 and my personal friend has visited the office with a full team of staff.( So this might be a very professional scam i assume?)
7. They are the official sponsor on the recent lamborghini event for team aylezo.( A 100% scam company spending money on advertisments?)
Those who strongly believe this is a scam, PLEASE do not invest a single cent. There has been a lot of speculations that fxunited is a scam since 2013, same shit goes on many forex brokers.
Those who actually invested in their auto trading platform from 2014 have all already doubled their income. The same speculations happen that how bitcoin is a failed currency but yet now is bulling up.
There will always be two sides of the story. Now for the blogger, do some homework and we are looking forward for to see some proper content, not some half ass information.
ps for the blogger. please TURN OFF CAPS, hard to read lolz.
If you really want to bust down a scam at least for do it properly. Instead of speculating how they are making money, why not go into an investor’s cgat account in MT4 and observes how cgat trades live, give an opinion on that.
The always "why not take a loan from bank bullshit is ridiculous" If it were so simple wouldn’t every forex broker take loans from bank?
Just read "Shah" earlier comments that
1. They are not a registered entity( no wonder they were DEREGISTERED)
2. MT platform created specially for fxunited( did you even download it or just assume with its icon logo hahaha)
3. Shah if you claim that you have attended the previous dinner, you would of known that they were partners in lmax until the recent split. Many fxunited members have also visited lmax office
4. Pandeyan Maruthamuthu a.k.a dato raja which everyone in fxunited knows is his nick name. Fxunited power sdn bhd does not exist in the registra but has 10 company accounts?( how can it not exist but have 10 company accounts, seriously everything does not exist for you lol)
5. Now for the malaysian central bank, all the ib’s are well connected to bank negara and are closely monitored(watch list) they do show their monthly gross on the foreign investments, that’s why none of their accounts have been frozen. Do you honestly think BNM is run by idiots? They clearly do know what is happening but they are warning the public as it’s outside their jurisdiction.
6. Their support centre in manila will be fully operational in june 16 and my personal friend has visited the office with a full team of staff.( So this might be a very professional scam i assume?)
7. They are the official sponsor on the recent lamborghini event for team aylezo.( A 100% scam company spending money on advertisments?)
Those who strongly believe this is a scam, PLEASE do not invest a single cent. There has been a lot of speculations that fxunited is a scam since 2013, same shit goes on many forex brokers.
Those who actually invested in their auto trading platform from 2014 have all already doubled their income. The same speculations happen that how bitcoin is a failed currency but yet now is bulling up.
There will always be two sides of the story. Now for the blogger, do some homework and we are looking forward for to see some proper content, not some half ass information.
ps for the blogger. please TURN OFF CAPS, hard to read lolz.
- Jun 2nd, 2016 at 7:38 am (Q)
- @Paul
I don’t remember fxunited offering a 12% roi for their personal recruited affiliate.
What you remember is neither here nor there. FX United’s compensation plan trumps your memory.
Instead of speculating how they are making money, why not go into an investor’s cgat account in MT4 and observes how cgat trades live, give an opinion on that.
Because that’s not going to explain the BS ROIs or show newly invested funds being used to pay off existing investors. They do that on the sly.
The always "why not take a loan from bank bullshit is ridiculous" If it were so simple wouldn’t every forex broker take loans from bank?
I think you inadvertently answered your own question there.
Now for the malaysian central bank, all the ib’s are well connected to bank negara and are closely monitored(watch list) they do show their monthly gross on the foreign investments, that’s why none of their accounts have been frozen. Do you honestly think BNM is run by idiots? They clearly do know what is happening but they are warning the public as it’s outside their jurisdiction.
Negara Bank is in Malaysia.
You’re going to assert the Central Bank of Malaysia has no jurisdiction over a bank operating in Malaysia? Please. Stop talking out of your arse.
As for monthly reporting of forex, what token amount is reported has nothing to do with using newly invested funds to pay off existing investors.
They are the official sponsor on the recent lamborghini event for team aylezo.( A 100% scam company spending money on advertisments?)
Legitimacy by association is meaningless in Ponzi land.
I don’t remember fxunited offering a 12% roi for their personal recruited affiliate.
What you remember is neither here nor there. FX United’s compensation plan trumps your memory.
Instead of speculating how they are making money, why not go into an investor’s cgat account in MT4 and observes how cgat trades live, give an opinion on that.
Because that’s not going to explain the BS ROIs or show newly invested funds being used to pay off existing investors. They do that on the sly.
The always "why not take a loan from bank bullshit is ridiculous" If it were so simple wouldn’t every forex broker take loans from bank?
I think you inadvertently answered your own question there.
Now for the malaysian central bank, all the ib’s are well connected to bank negara and are closely monitored(watch list) they do show their monthly gross on the foreign investments, that’s why none of their accounts have been frozen. Do you honestly think BNM is run by idiots? They clearly do know what is happening but they are warning the public as it’s outside their jurisdiction.
Negara Bank is in Malaysia.
You’re going to assert the Central Bank of Malaysia has no jurisdiction over a bank operating in Malaysia? Please. Stop talking out of your arse.
As for monthly reporting of forex, what token amount is reported has nothing to do with using newly invested funds to pay off existing investors.
They are the official sponsor on the recent lamborghini event for team aylezo.( A 100% scam company spending money on advertisments?)
Legitimacy by association is meaningless in Ponzi land.
- Jun 2nd, 2016 at 9:56 am (Q)
- fxunited investor/IB claims that the company fxunited.com has been running since 2006 and the proof given to you is the whois record which showed date of the domain creation.
UGHL registered as a company in 2014 and fxunited.com is also registered under their name in that year.
A simple whois checks confirmed that information (2006 created) but a detail check showed prior to 2014, it is a shell domain owned by domain registrar domainbyproxy.com.
Maybe people close to fxunited can answered this:
1. If fxunited is 10 years old, why is it not register to a company from 2006-2014?
2. Why is UGHL formed in 2014 if it starts operation way before then? What is the name of the previous company if any.
3. LMAX confirmed they have no dealing with fxunited.com or UGHL, so who is the new LP?
4. Can anyone meet with any of the MIB?
5. How many MIB do they have and who are they? MIB names and contact should be listed and easily available.
Thank you
UGHL registered as a company in 2014 and fxunited.com is also registered under their name in that year.
A simple whois checks confirmed that information (2006 created) but a detail check showed prior to 2014, it is a shell domain owned by domain registrar domainbyproxy.com.
Maybe people close to fxunited can answered this:
1. If fxunited is 10 years old, why is it not register to a company from 2006-2014?
2. Why is UGHL formed in 2014 if it starts operation way before then? What is the name of the previous company if any.
3. LMAX confirmed they have no dealing with fxunited.com or UGHL, so who is the new LP?
4. Can anyone meet with any of the MIB?
5. How many MIB do they have and who are they? MIB names and contact should be listed and easily available.
Thank you
- Privateinvestor007
Jun 2nd, 2016 at 12:07 pm Privateinvestor007(Q)
Jun 2nd, 2016 at 12:07 pm Privateinvestor007(Q)
- BANK NEGARA ANNOUNCEMENT AND ADVISE (pls refer to the below) :
I have done my part, please do your part to find out the legitimacy of this organisation which has been blacklisted by BNM, Fx United Power Sdn Bhd from the below agencies, apologist and Paul Anderson is most welcome to write to them.
You can email to all this agencies and find out whether what this guys are doing is legal or otherwise Period
—–"’————""–""—–"’—
Members of the public may also check with other enforcement agencies for verification on related activities:
Securities Commission (SC) : sc.com.my
Kementerian Perdagangan Dalam Negeri, Koperasi dan Kepenggunaan (KPDNKK) : kpdnkk.gov.my
Suruhanjaya Koperasi Malaysia : skm.gov.my
Suruhanjaya Komunikasi dan Multimedia Malaysia : skmm.gov.my
Suruhanjaya Syarikat Malaysia : ssm.com.my
Polis Diraja Malaysia : rmp.gov.my
And now Bitcoin?????? mmmmmmmm, lets see where all this leads.
PAUL ANDERSON, I REALLY PITY YOU BUDDY, YOU SEEMS TO BE FLUENT IN SARCASM BUT UP THERE??????? IB has 10 company accounts, confirmed Deposit taking and illegitimate.
Where is the custodial/centralized accounting kept? Paul, please answer this and dont go around beating around the mulberry bush.LOLZ
Paul, when UGHL is deregistered, it will be automatically a non existing business entity, so in this case who is going to pay off the investors?? Pandeyan, Paul, Priscilla or the great Brian Johson.
Now for the malaysian central bank, all the ib’s are well connected to bank negara and are closely monitored(watch list) they do show their monthly gross on the foreign investments, that’s why none of their accounts have been frozen.
Do you honestly think BNM is run by idiots? They clearly do know what is happening but they are warning the public as it’s outside their jurisdiction.
The above statement is a brilliant admission , lets find out from BNM who the IB’s are close to and find out what kind of report this IB’s are submitting to BNM.
We will definitely check with BNM who is their contact point in BNM and update it accordingly.
Paul, you look like the latest champion for this scam, pity you buddy. Do you know the australian lawyer who defended this scam tooth and nail and how he has distanced himself from this mess. Go and see in his blog, he has warned people to stay away from this mess.
Paul, tq for the info.
I have done my part, please do your part to find out the legitimacy of this organisation which has been blacklisted by BNM, Fx United Power Sdn Bhd from the below agencies, apologist and Paul Anderson is most welcome to write to them.
You can email to all this agencies and find out whether what this guys are doing is legal or otherwise Period
—–"’————""–""—–"’—
Members of the public may also check with other enforcement agencies for verification on related activities:
Securities Commission (SC) : sc.com.my
Kementerian Perdagangan Dalam Negeri, Koperasi dan Kepenggunaan (KPDNKK) : kpdnkk.gov.my
Suruhanjaya Koperasi Malaysia : skm.gov.my
Suruhanjaya Komunikasi dan Multimedia Malaysia : skmm.gov.my
Suruhanjaya Syarikat Malaysia : ssm.com.my
Polis Diraja Malaysia : rmp.gov.my
And now Bitcoin?????? mmmmmmmm, lets see where all this leads.
PAUL ANDERSON, I REALLY PITY YOU BUDDY, YOU SEEMS TO BE FLUENT IN SARCASM BUT UP THERE??????? IB has 10 company accounts, confirmed Deposit taking and illegitimate.
Where is the custodial/centralized accounting kept? Paul, please answer this and dont go around beating around the mulberry bush.LOLZ
Paul, when UGHL is deregistered, it will be automatically a non existing business entity, so in this case who is going to pay off the investors?? Pandeyan, Paul, Priscilla or the great Brian Johson.
Now for the malaysian central bank, all the ib’s are well connected to bank negara and are closely monitored(watch list) they do show their monthly gross on the foreign investments, that’s why none of their accounts have been frozen.
Do you honestly think BNM is run by idiots? They clearly do know what is happening but they are warning the public as it’s outside their jurisdiction.
The above statement is a brilliant admission , lets find out from BNM who the IB’s are close to and find out what kind of report this IB’s are submitting to BNM.
We will definitely check with BNM who is their contact point in BNM and update it accordingly.
Paul, you look like the latest champion for this scam, pity you buddy. Do you know the australian lawyer who defended this scam tooth and nail and how he has distanced himself from this mess. Go and see in his blog, he has warned people to stay away from this mess.
Paul, tq for the info.
- Privateinvestor007
Jun 2nd, 2016 at 1:36 pm Privateinvestor007(Q)
Jun 2nd, 2016 at 1:36 pm Privateinvestor007(Q)
- @Paul Anderson, please answer the following announcement made by FSPR and please refer to the below:
General details
Name:UNITED GLOBAL HOLDINGS LIMITED
FSP number:FSP394667
Registration date:22/08/2014
Deregistration date:27/05/2016
FSP status:Deregistered
Trading names:Business Address:
Level 9, 86 Victoria Street Wellington
Annual confirmation filing Month:
November, last filed on 30 November 2015
LINK: business.govt.nz/fsp/app/ui/fsp/version/searchSummaryCompanyFSP/FSP394667/25.do?noReturn=true
Can someone out there, please advice whether this company is still legitimate in the face of all the following actions taken against them by international regulatory bodies :
a) FMA New Zealand – warning issued,company to be wary of
b) Deregistered by New Zealand FSPR – The Registrar gives notice that this Financial Service Provider was deregistered under section 18(1B) of the Financial Service Providers (Registration and Dispute Resolution) Act 2008 on 27/05/2016
c) Intent to remove the company (UGHL) from New Zealand Company Register
d) Singapore Monetary Authority – blacklist
e) Bank Negara Malaysia- blacklist
So Paul, now, who is going to handle the customer/investors dispute since UGHL is removed from FSPR, please answer buddy, we do not need someone whose know how is SARCASM AND SCORN, rather we need someone who can give unambiguous and rational answers to all those questioned raised by the reviewers ( don’t call them names buddy, jealous,useless, brainless, idiots, this and that, we are not in high school anymore).
Thank you Paul Anderson.
General details
Name:UNITED GLOBAL HOLDINGS LIMITED
FSP number:FSP394667
Registration date:22/08/2014
Deregistration date:27/05/2016
FSP status:Deregistered
Trading names:Business Address:
Level 9, 86 Victoria Street Wellington
Annual confirmation filing Month:
November, last filed on 30 November 2015
LINK: business.govt.nz/fsp/app/ui/fsp/version/searchSummaryCompanyFSP/FSP394667/25.do?noReturn=true
Can someone out there, please advice whether this company is still legitimate in the face of all the following actions taken against them by international regulatory bodies :
a) FMA New Zealand – warning issued,company to be wary of
b) Deregistered by New Zealand FSPR – The Registrar gives notice that this Financial Service Provider was deregistered under section 18(1B) of the Financial Service Providers (Registration and Dispute Resolution) Act 2008 on 27/05/2016
c) Intent to remove the company (UGHL) from New Zealand Company Register
d) Singapore Monetary Authority – blacklist
e) Bank Negara Malaysia- blacklist
So Paul, now, who is going to handle the customer/investors dispute since UGHL is removed from FSPR, please answer buddy, we do not need someone whose know how is SARCASM AND SCORN, rather we need someone who can give unambiguous and rational answers to all those questioned raised by the reviewers ( don’t call them names buddy, jealous,useless, brainless, idiots, this and that, we are not in high school anymore).
Thank you Paul Anderson.
- Joe Jacks
Jun 2nd, 2016 at 1:57 pm Joe Jacks(Q)
Jun 2nd, 2016 at 1:57 pm Joe Jacks(Q)
- Hi Guys,
After reading all the above, yes, i have invested in FX United USD5k and just recently another USD10k for my second account.
I have already gt back my ROI on the USD5k and the capital is ready for me to withdraw… Every month diligently both the 12% bonuses came without a hiccup.
I only had USD5k to open the second acc but with the ROI on the earlier USD5K i manage to top up that. Now i get the dividends still every month for both which i guess no salaried job will do without any headaches and stress.
Money isn’t everything but in today’s world, everything needs money. Jumping on the band wagon of FXU managed to sort and ease things out for this last 1.5 years, finally im debt free thanks to their returns, but, this is just my experience im sharing, the decision and risk is still in your hands.
I took up the risk and it paid, literally, and its still going on.
(Ozedit: Offtopic derail attempts removed)
So really not worried about others who claim on the wherebouts of the money goes and comes and the company, bcos nobody else manage or was there or even cared to solve and help me out in difficult times.
Again this is just my views and opinions of which i have experienced being with FXU.
After reading all the above, yes, i have invested in FX United USD5k and just recently another USD10k for my second account.
I have already gt back my ROI on the USD5k and the capital is ready for me to withdraw… Every month diligently both the 12% bonuses came without a hiccup.
I only had USD5k to open the second acc but with the ROI on the earlier USD5K i manage to top up that. Now i get the dividends still every month for both which i guess no salaried job will do without any headaches and stress.
Money isn’t everything but in today’s world, everything needs money. Jumping on the band wagon of FXU managed to sort and ease things out for this last 1.5 years, finally im debt free thanks to their returns, but, this is just my experience im sharing, the decision and risk is still in your hands.
I took up the risk and it paid, literally, and its still going on.
(Ozedit: Offtopic derail attempts removed)
So really not worried about others who claim on the wherebouts of the money goes and comes and the company, bcos nobody else manage or was there or even cared to solve and help me out in difficult times.
Again this is just my views and opinions of which i have experienced being with FXU.
- Jun 2nd, 2016 at 3:03 pm (Q)
- I’m pretty close to marking the last 20 comments or so on this article as spam.
Generic Anglo-Saxxon name first time commenters all singing the same tune… you’re not fooling anyone.
Joe Jacks and Peter Anderson from Malaysia? Please.
Generic Anglo-Saxxon name first time commenters all singing the same tune… you’re not fooling anyone.
Joe Jacks and Peter Anderson from Malaysia? Please.
- Privateinvestor007
Jun 2nd, 2016 at 3:33 pm Privateinvestor007(Q)
Jun 2nd, 2016 at 3:33 pm Privateinvestor007(Q)
- Generic Anglo-Saxxon name first time commenters all singing the same tune… you’re not fooling anyone.
LOLZ, you are funny Oz.
@Joe Jacks, very good attitude buddy, keep it up and it will take you very far in life. all the best.
@Mr Joe Jack, now as for the deregistration from FSPR, can you answer what is going to happen to the unlucky ones who has no remedy to resolve their disputes in the event the local scammers close shop, or you choose to be silent, selfish and tell us "who the Fish cares"?
LOLZ, you are funny Oz.
@Joe Jacks, very good attitude buddy, keep it up and it will take you very far in life. all the best.
@Mr Joe Jack, now as for the deregistration from FSPR, can you answer what is going to happen to the unlucky ones who has no remedy to resolve their disputes in the event the local scammers close shop, or you choose to be silent, selfish and tell us "who the Fish cares"?
- Privateinvestor007
Jun 2nd, 2016 at 3:50 pm Privateinvestor007(Q)
Jun 2nd, 2016 at 3:50 pm Privateinvestor007(Q)
- Hello,
Nice article to share with you wonderful people out there.
interest.co.nz/news/81828/review-things-you-need-know-you-go-home-friday-kiwibank-ends-sub-4-mortgage-special
KICKED OFF
United Global Holdings Ltd, which features in our story here, has been deregistered from the Financial Service Providers Register at the behest of the Financial Markets Authority today. The company appears to be running a forex Ponzi scheme, primarily in Malaysia.
Refer to the link above for more information.
Nice article to share with you wonderful people out there.
interest.co.nz/news/81828/review-things-you-need-know-you-go-home-friday-kiwibank-ends-sub-4-mortgage-special
KICKED OFF
United Global Holdings Ltd, which features in our story here, has been deregistered from the Financial Service Providers Register at the behest of the Financial Markets Authority today. The company appears to be running a forex Ponzi scheme, primarily in Malaysia.
Refer to the link above for more information.
- Privateinvestor007
Jun 3rd, 2016 at 2:03 am Privateinvestor007(Q)
Jun 3rd, 2016 at 2:03 am Privateinvestor007(Q)
- fxunitedexplained.com/is-fx-united-a-scam/
Refer to the blog and the link above for A lawyers advice, you people decide what you going to do.
This blog belongs to an Australian lawyer, he is also an advocate of this investment. Now he has come to his senses, when are you people going to come to your senses.
Paul anderson,do you have anything to say about this.
Joe jacks, your feedback?
Dont be a sissy buddy, put aside your stupidity, ignorance of the highest order and SARCASRM AND explain it as it is and not otherwise, fitting your depraved, distorted and fishing selfish mind buddy.
I just want to use the worst words to describe you buggers but I am refraining myself for the good of healthy discussion.
Nevermind, the whole game is coming to an end, and I am so fooking tired and I going to retire from this whole sick issues.
Bye bye Buddies, but if IT warrants my return, I SHALL RETURN. LOLZ FOR PAUL ANDERSON AND ALL YOU GERMANIC ANGLO SAXXON BUDDIES.
LOSERS, YOU THINK MONEY IS EVERYTHING, WAIT TILL YOU BUGGERS ROT BEHIND BARS..GO BUDDY GO, SEE WHICH MALAYSIAN PENAL CODE BEST FITS YOU, LOLZ.
Refer to the blog and the link above for A lawyers advice, you people decide what you going to do.
This blog belongs to an Australian lawyer, he is also an advocate of this investment. Now he has come to his senses, when are you people going to come to your senses.
Paul anderson,do you have anything to say about this.
Joe jacks, your feedback?
Dont be a sissy buddy, put aside your stupidity, ignorance of the highest order and SARCASRM AND explain it as it is and not otherwise, fitting your depraved, distorted and fishing selfish mind buddy.
I just want to use the worst words to describe you buggers but I am refraining myself for the good of healthy discussion.
Nevermind, the whole game is coming to an end, and I am so fooking tired and I going to retire from this whole sick issues.
Bye bye Buddies, but if IT warrants my return, I SHALL RETURN. LOLZ FOR PAUL ANDERSON AND ALL YOU GERMANIC ANGLO SAXXON BUDDIES.
LOSERS, YOU THINK MONEY IS EVERYTHING, WAIT TILL YOU BUGGERS ROT BEHIND BARS..GO BUDDY GO, SEE WHICH MALAYSIAN PENAL CODE BEST FITS YOU, LOLZ.
- Adam FX
Jun 3rd, 2016 at 3:30 pm Adam FX(Q)
Jun 3rd, 2016 at 3:30 pm Adam FX(Q)
- MIB for FXUnited in Malaysia are Dato Ahmad Zulfaizal and Datuk Ameer.
Please investigate who are them.
Please investigate who are them.
- Jun 3rd, 2016 at 7:32 pm (Q)
- Shah, Google Dato Zulfaisal up. Plenty of information starting in 2009 and Shah you can ask your buddy to investigate him since he has plenty of legit companies in the country and some give plenty of money to investors too.
- Jun 4th, 2016 at 10:13 pm (Q)
- @Imho
We do not have to investigate anymore, the shit has hit the fan and there is going to be some intense domino effect, the nature will take its course.
The false address submitted by UGHL is an extremely serious offence in NZ and on top it, the legitimate tenant of the address is taking appropriate action in New Zealand.
So , chill bro, Brian Johnson is already an outcast in NZ with the Reza Moktarian and LQD scam which is under liquidation and investigation by NZ authorities.This investigation may have an effect on the FX united scam.
Brian Johnson will be answerable for this mess, let us see what kind beans he is going to spill in FX United case.
We do not have to investigate anymore, the shit has hit the fan and there is going to be some intense domino effect, the nature will take its course.
The false address submitted by UGHL is an extremely serious offence in NZ and on top it, the legitimate tenant of the address is taking appropriate action in New Zealand.
So , chill bro, Brian Johnson is already an outcast in NZ with the Reza Moktarian and LQD scam which is under liquidation and investigation by NZ authorities.This investigation may have an effect on the FX united scam.
Brian Johnson will be answerable for this mess, let us see what kind beans he is going to spill in FX United case.
- Pedro
Jun 4th, 2016 at 10:49 pm Pedro(Q)
Jun 4th, 2016 at 10:49 pm Pedro(Q)
- Fx united is the best forex broker.. i join since sept 2014 until now..dont have any problem w wd issue..
- Jun 5th, 2016 at 1:48 pm (Q)
- Pedro,
The whole fooking world knows the whole scam is coming to an end, dont sing the same tune again and again. Your response is merely an attempt to keep she sinking ship afloat.
Nobody cares whether this assholes are good brokers or bad brokers, the issue now is theses scammers are not real brokers at all. They are scammers disguising as brokers. What are their qualifications to manage the fund? The MiB’s and IB’s , the only qualification you have is cheating and robbing.
Pedro, you know know right, these scam is going to end anytime soon.
Instead of blowing your own trumpet" Fxunited is the best broker in the world"
Shut the fook up and just answer one question.
What is the fooking status of UGHL at this material time, I repeat again, at this material time. Dont time travel and go back to the past, answer what is status of this company.
The company will be derigestered by 17 June if there are no objection. If this happens, Pedro are you going to pay the depositors.
Pedro, we know you are another stakeholder of this scam, its okay, try your best to regain the confidence of the public.
We heard there is an exodus, people rushing to withdraw their money upon learning of the FSPR deregistration in New Zealand.
After showing Andrew Flannery warning, finally we heard people have come to their senses.
Pedro, do you all still have the money or transfered all the money to your offshore bank account.
The whole fooking world knows the whole scam is coming to an end, dont sing the same tune again and again. Your response is merely an attempt to keep she sinking ship afloat.
Nobody cares whether this assholes are good brokers or bad brokers, the issue now is theses scammers are not real brokers at all. They are scammers disguising as brokers. What are their qualifications to manage the fund? The MiB’s and IB’s , the only qualification you have is cheating and robbing.
Pedro, you know know right, these scam is going to end anytime soon.
Instead of blowing your own trumpet" Fxunited is the best broker in the world"
Shut the fook up and just answer one question.
What is the fooking status of UGHL at this material time, I repeat again, at this material time. Dont time travel and go back to the past, answer what is status of this company.
The company will be derigestered by 17 June if there are no objection. If this happens, Pedro are you going to pay the depositors.
Pedro, we know you are another stakeholder of this scam, its okay, try your best to regain the confidence of the public.
We heard there is an exodus, people rushing to withdraw their money upon learning of the FSPR deregistration in New Zealand.
After showing Andrew Flannery warning, finally we heard people have come to their senses.
Pedro, do you all still have the money or transfered all the money to your offshore bank account.
- littleroundman
Jun 5th, 2016 at 2:14 pm littleroundman(Q)
Jun 5th, 2016 at 2:14 pm littleroundman(Q)
- Anon: Your response is merely an attempt to keep she sinking ship afloat.
- It’s called "rearranging the deckchairs on the Titanic"
- Jun 6th, 2016 at 12:06 pm (Q)
- (Ozedit: If you wish to continue to be a part of the discussion, stop changing your comment name and republishing the same thing.)
- Adam FX
Jun 10th, 2016 at 9:04 am Adam FX(Q)
Jun 10th, 2016 at 9:04 am Adam FX(Q)
- Dear Sir/Madam,
Yes it is true that the NZ board had decided to remove United Global from its registrar of societies. This is something that we had already anticipated since there have been malicious remarks that have been spread by various parties who are envious of our success in the industry. The FMA; After hearing of our huge returns to clients had asked us to justify this but after we had wrote to them, they had told us that the only way to stay on is if we removed the CGAT and WINST programme which we categorically refused.
Having anticipated this, we are in the midst of registering ourselves in another country and getting the necessary authorization done. Everything is already on the roll and we should be in order very soon.
As far as Fx United is concerned, business still goes on as usual as our LP (Liquidity Provider) is more interested in the volume we generate than anything else so you need not worry. Your investments are safe and secure with us.
We have been in the business for many years and we have been through many hurdles and we will definitely overcome this one.
Thank you for your usual understanding.
Sincerely,
CSR 020
GENERAL ISSUE – Basic information about FxUnited
United Global Holdings Limited
Yes it is true that the NZ board had decided to remove United Global from its registrar of societies. This is something that we had already anticipated since there have been malicious remarks that have been spread by various parties who are envious of our success in the industry. The FMA; After hearing of our huge returns to clients had asked us to justify this but after we had wrote to them, they had told us that the only way to stay on is if we removed the CGAT and WINST programme which we categorically refused.
Having anticipated this, we are in the midst of registering ourselves in another country and getting the necessary authorization done. Everything is already on the roll and we should be in order very soon.
As far as Fx United is concerned, business still goes on as usual as our LP (Liquidity Provider) is more interested in the volume we generate than anything else so you need not worry. Your investments are safe and secure with us.
We have been in the business for many years and we have been through many hurdles and we will definitely overcome this one.
Thank you for your usual understanding.
Sincerely,
CSR 020
GENERAL ISSUE – Basic information about FxUnited
United Global Holdings Limited
- TK TAN
Jun 12th, 2016 at 12:54 am TK TAN(Q)
Jun 12th, 2016 at 12:54 am TK TAN(Q)
- All smart blogger and friends here. interesting when reading all this. time will proven all this as many say this coming to the End very soon? when the soon mean?
My dear blogger you MAY right and you MAY wrong too.if Your right yes you save some ppl but if your wrong then how? i just wanna know if your wrong then will u apologize as well?
make a time frame how SOON fxunited will be end according to ur expert experience?
My dear blogger you MAY right and you MAY wrong too.if Your right yes you save some ppl but if your wrong then how? i just wanna know if your wrong then will u apologize as well?
make a time frame how SOON fxunited will be end according to ur expert experience?
- TK TAN
Jun 12th, 2016 at 1:11 am TK TAN(Q)
Jun 12th, 2016 at 1:11 am TK TAN(Q)
- correct me if im wrong. this issue is a very serious issue. it involve many life here.
As a depositer of course i make a Good income here as fxunited paid accordingly and My whole family also saving on it. so if i assume blogger is correct and i withdraw all but if blogger wrong then are they need to responsibility for all My lost?
im free to meet up all u blogger anytime and if u willing too after the time frame up. (Ozedit: Offtopic derail attempts removed)
As a depositer of course i make a Good income here as fxunited paid accordingly and My whole family also saving on it. so if i assume blogger is correct and i withdraw all but if blogger wrong then are they need to responsibility for all My lost?
im free to meet up all u blogger anytime and if u willing too after the time frame up. (Ozedit: Offtopic derail attempts removed)
- Jun 12th, 2016 at 6:08 am (Q)
- time will proven all this as many say this coming to the End very soon? when the soon mean?
The same as any other Ponzi scheme, when they run out of newly invested funds to pay out.
My dear blogger you MAY right and you MAY wrong too.
There’s nothing "may" about analyzing business models. The ROIs are unsustainable and make little sense.
If FX United were able to legitimately generate the offered passive ROIs, they’d take out a small loan and within a few years be the richest people on the planet.
That FX United is being run by shady nobodies in Malaysia, who are on the run from New Zealand and Malaysia to now the Philippines, is also in line with how an illegitimate business is run.
The same as any other Ponzi scheme, when they run out of newly invested funds to pay out.
My dear blogger you MAY right and you MAY wrong too.
There’s nothing "may" about analyzing business models. The ROIs are unsustainable and make little sense.
If FX United were able to legitimately generate the offered passive ROIs, they’d take out a small loan and within a few years be the richest people on the planet.
That FX United is being run by shady nobodies in Malaysia, who are on the run from New Zealand and Malaysia to now the Philippines, is also in line with how an illegitimate business is run.
- Jun 12th, 2016 at 6:10 am (Q)
- if i assume blogger is correct and i withdraw all but if blogger wrong then are they need to responsibility for all My lost?
Nope. I couldn’t give a shit about your personal finances, your stupidity is on you.
Best of luck with the family when shit hits the fan.
Nope. I couldn’t give a shit about your personal finances, your stupidity is on you.
Best of luck with the family when shit hits the fan.
- Jun 18th, 2016 at 9:31 am (Q)
- Dear Singam
Looks like the scammers tactic to divert the members attention to avoid the actual issue at hand has succeeded, the illegitimacy of FXunited and the other actions by the authorities and they escapade to Philippines.They are saying that Shah is a competitor, this and that. Pure bullshit
In actual fact, I think its a waste of time to reply to you people who are so easily influenced by these scam artist.
Any forex related MLM with unreasonable ROI is definitely a money game as such Venusfx is no better than FXunited.. so you go and tell your beloved advisors that Shah said Venusfx is another doubtful business model.. and ask them whether they have any other explanation for all these mess in FXUnited.
Did I answer your question?
Now you answer us one question, if UGHL is deregistered on 17 June 2016, what will happen to the members money?
Looks like the scammers tactic to divert the members attention to avoid the actual issue at hand has succeeded, the illegitimacy of FXunited and the other actions by the authorities and they escapade to Philippines.They are saying that Shah is a competitor, this and that. Pure bullshit
In actual fact, I think its a waste of time to reply to you people who are so easily influenced by these scam artist.
Any forex related MLM with unreasonable ROI is definitely a money game as such Venusfx is no better than FXunited.. so you go and tell your beloved advisors that Shah said Venusfx is another doubtful business model.. and ask them whether they have any other explanation for all these mess in FXUnited.
Did I answer your question?
Now you answer us one question, if UGHL is deregistered on 17 June 2016, what will happen to the members money?
- Jun 18th, 2016 at 12:58 pm (Q)
- @Singam for your information,
The objection period has lapsed and the Registrar will continue with the removal process of United Global Holdings Ltd, New Zealand. Pls click the LINK
business.govt.nz/companies/app/ui/pages/companies/5247841
Now what? Since it is in the process of removal, the whole establishment called UGHL Fxunited has no legal force or effect.
The agreement between UGHL and the depositors is not enforceable and not binding anymore for new recruits and as for old depositors, kindly refer to your lawyers for more advise.
So in normal circumstances, the bank account of companies which are removed from the register will become null and void, in this case how are the transactions going to take place, BITCOIN?
Another joke buddy, just ask around the members who have gone fidgety due to unsuccesful withdrawal after the introduction of BITCOIN. Now the BITCOIN system integration is blamed for members unsuccessful withdrawal, story after story and you people are dancing to their tunes.
Okay got to go for a coffee, think Singam think, dont let greed blind your wisdom and let these empty beings rob you of what belongs to you.
Go around and do a little bit of background check of your leaders and you will be freaking out buddy, some of them have pulled off some big scams in Malaysia in the past and gone into hiding before emerging with brand new scams.
Have you heard of Malaysian Postal scam? Do your study buddy, you will be awed by this discovery.
Go buddy, go and do your homework and you will know how the MLM industry in Malaysia is hijacked by scumbags and turned into nasty dirty Ponzi scheme.
The objection period has lapsed and the Registrar will continue with the removal process of United Global Holdings Ltd, New Zealand. Pls click the LINK
business.govt.nz/companies/app/ui/pages/companies/5247841
Now what? Since it is in the process of removal, the whole establishment called UGHL Fxunited has no legal force or effect.
The agreement between UGHL and the depositors is not enforceable and not binding anymore for new recruits and as for old depositors, kindly refer to your lawyers for more advise.
So in normal circumstances, the bank account of companies which are removed from the register will become null and void, in this case how are the transactions going to take place, BITCOIN?
Another joke buddy, just ask around the members who have gone fidgety due to unsuccesful withdrawal after the introduction of BITCOIN. Now the BITCOIN system integration is blamed for members unsuccessful withdrawal, story after story and you people are dancing to their tunes.
Okay got to go for a coffee, think Singam think, dont let greed blind your wisdom and let these empty beings rob you of what belongs to you.
Go around and do a little bit of background check of your leaders and you will be freaking out buddy, some of them have pulled off some big scams in Malaysia in the past and gone into hiding before emerging with brand new scams.
Have you heard of Malaysian Postal scam? Do your study buddy, you will be awed by this discovery.
Go buddy, go and do your homework and you will know how the MLM industry in Malaysia is hijacked by scumbags and turned into nasty dirty Ponzi scheme.
- tiger
Jun 23rd, 2016 at 3:32 pm tiger(Q)
Jun 23rd, 2016 at 3:32 pm tiger(Q)
- Joined FXUnited in June 2016 and open Winst Account and paid USD300 , but NO 30% WELCOME BONUS IS GIVEN as stipulated in the Agreement or program.
Tried to email FXUnited twice but seem no one answer my complaint or issue.Have not heard from them at all ( almost 2 weeks ). THIS CLEARLY SHOWS THAT THEY ARE LACK OF CUSTOMER CARE !!! lack of responsibility to attend the matter as far as money is concerned.
They may be lack of management control or administration system or no staff at all in the office. I am doubt and a bit start loosing confident in doing this business.
Where we can complain if the are lack of customer care?
Rgds,
tiger.
Tried to email FXUnited twice but seem no one answer my complaint or issue.Have not heard from them at all ( almost 2 weeks ). THIS CLEARLY SHOWS THAT THEY ARE LACK OF CUSTOMER CARE !!! lack of responsibility to attend the matter as far as money is concerned.
They may be lack of management control or administration system or no staff at all in the office. I am doubt and a bit start loosing confident in doing this business.
Where we can complain if the are lack of customer care?
Rgds,
tiger.
- Jun 24th, 2016 at 12:43 am (Q)
- Bro tiger
It was highly anticipated that this shit will happen due to the pressure from the regulatory bodies in NZ and Malaysia
Do u know whats a ponzi scheme?
Too bad bro, u are at the lower rung of the scam, as such you are fooked, simple.We warned you but you were too ignorant to understand what we were telling.
Withdraw your deposits and run as fast as you could, before it is too late. There are more legal action on the way from the the Malaysian regulatory agencies.
You think we are kidding? Thats your choice buddy.
Our personal advise get your money out and in case they fail to release your fund, just post your complaints here in this forum with the full details, your upliner, the mib, ib, agent id, bank details and your losses and we will tell you exactly how to redeem your deposits.
All the best buddy.
It was highly anticipated that this shit will happen due to the pressure from the regulatory bodies in NZ and Malaysia
Do u know whats a ponzi scheme?
Too bad bro, u are at the lower rung of the scam, as such you are fooked, simple.We warned you but you were too ignorant to understand what we were telling.
Withdraw your deposits and run as fast as you could, before it is too late. There are more legal action on the way from the the Malaysian regulatory agencies.
You think we are kidding? Thats your choice buddy.
Our personal advise get your money out and in case they fail to release your fund, just post your complaints here in this forum with the full details, your upliner, the mib, ib, agent id, bank details and your losses and we will tell you exactly how to redeem your deposits.
All the best buddy.
- A girl has no name
Jun 24th, 2016 at 4:24 pm A girl has no name(Q)
Jun 24th, 2016 at 4:24 pm A girl has no name(Q)
- Hey Shah, how can we contact you to find out more? Me & a friend just join a couple of months ago each & they’ve even invited us for the annual dinner although we declined.
We think something is fishy now because they won’t let us know how to withdraw our money telling us it’s still less than a year & all that.
I don’t think they’ve figured out we’re on to them yet but any ways I could seek your help & advice in the mean time?
We think something is fishy now because they won’t let us know how to withdraw our money telling us it’s still less than a year & all that.
I don’t think they’ve figured out we’re on to them yet but any ways I could seek your help & advice in the mean time?
- Jun 25th, 2016 at 9:51 pm (Q)
- @ a girl has no name
Nice try..
Okay..are you genuinely played out by FXunited…if yes…state your full name, your introducers name, your ID, your deposit details and the details of bank account, the IB’s good name, and the relevant details in this forum and if you fail to furnish all these details than I would certainly say that your are faking your claims. LoL
If you are genuine than you will have your way to recover what you have deposited into this scam
Nice try..
Okay..are you genuinely played out by FXunited…if yes…state your full name, your introducers name, your ID, your deposit details and the details of bank account, the IB’s good name, and the relevant details in this forum and if you fail to furnish all these details than I would certainly say that your are faking your claims. LoL
If you are genuine than you will have your way to recover what you have deposited into this scam
- RinggitMatters
Jun 26th, 2016 at 2:39 pm RinggitMatters(Q)
Jun 26th, 2016 at 2:39 pm RinggitMatters(Q)
- Dear Friends,
Rotate people’s money we won’t called it as investing/trading but that one known as "rolling money".
We are happy for those who earning via this scheme but please think twice before involve any third party (friends and family member) since we won’t know how difficult for them to get that huge fund to invest in such things.
I am seeing many of fxunited members are challenging the non fxunited friends here. Folks you must remember one thing here… we all are strangers here and we don’t have any relation too but for the sake of courtesy, each one of us are trying to educate within our fellow people that’s it.
Don’t underestimate those people who don’t invest in fxunited and don’t be over confident too for those who already invested in this fund.
As Malaysian, please don’t allow us to get cheated again and again. Seriously I am very sad seeing many of my friends and relative joining this scheme.
I am not sure how have heard about "SwissCash" around 2004 – 2008…I am one of the victim too. The concept are same. Please help our own people. Thank you and god bless.
Rotate people’s money we won’t called it as investing/trading but that one known as "rolling money".
We are happy for those who earning via this scheme but please think twice before involve any third party (friends and family member) since we won’t know how difficult for them to get that huge fund to invest in such things.
I am seeing many of fxunited members are challenging the non fxunited friends here. Folks you must remember one thing here… we all are strangers here and we don’t have any relation too but for the sake of courtesy, each one of us are trying to educate within our fellow people that’s it.
Don’t underestimate those people who don’t invest in fxunited and don’t be over confident too for those who already invested in this fund.
As Malaysian, please don’t allow us to get cheated again and again. Seriously I am very sad seeing many of my friends and relative joining this scheme.
I am not sure how have heard about "SwissCash" around 2004 – 2008…I am one of the victim too. The concept are same. Please help our own people. Thank you and god bless.
- bitten before
Jul 12th, 2016 at 2:46 pm bitten before(Q)
Jul 12th, 2016 at 2:46 pm bitten before(Q)
- hi shah, Job well done.
I know of people who knows that the company does not exist in New Zealand. They have checked it out. They have gone to 226 queen street and found it empty. When I speak to them they just want to make their money what happens in a year why worry is their answer.
6 months ago they they know it yet encourage people to sign up and in vest. They plan to migrate as his family is already in New Zealand. Do this people trheink of others. They are the praying time. What hippocrates they are.
I know of people who knows that the company does not exist in New Zealand. They have checked it out. They have gone to 226 queen street and found it empty. When I speak to them they just want to make their money what happens in a year why worry is their answer.
6 months ago they they know it yet encourage people to sign up and in vest. They plan to migrate as his family is already in New Zealand. Do this people trheink of others. They are the praying time. What hippocrates they are.
- The partners
Jul 12th, 2016 at 3:00 pm The partners(Q)
Jul 12th, 2016 at 3:00 pm The partners(Q)
- We the partners of Fxunited, have just ask on january to one of the MIB, we ask, do you think FXUNITED will sustain?
He stood quietly and said, i my self cannot ensure that it will be 100% safe, i have not forced anybody to join since day 1, i just shared and i give only the facts…..(he continued) the fact one is a scam to me is when they stopped paid the partners.
ANYMORE than that in ones own courage of taking RISK, heck FOREX itself is a RISK industry..
Think about whether you willingly to take the risk, or is best you stayed away. ++The broker itself advise people to not give out money if you cannot afford to lose++
Hope this help anyone that have will to succeed in the Risk you take. Because in any business, the real deal is the RISK MANAGEMENT not the problem given. Tq
He stood quietly and said, i my self cannot ensure that it will be 100% safe, i have not forced anybody to join since day 1, i just shared and i give only the facts…..(he continued) the fact one is a scam to me is when they stopped paid the partners.
ANYMORE than that in ones own courage of taking RISK, heck FOREX itself is a RISK industry..
Think about whether you willingly to take the risk, or is best you stayed away. ++The broker itself advise people to not give out money if you cannot afford to lose++
Hope this help anyone that have will to succeed in the Risk you take. Because in any business, the real deal is the RISK MANAGEMENT not the problem given. Tq
- Jul 12th, 2016 at 3:05 pm (Q)
- Hope this help anyone that have will to succeed in the Risk you take.
The "will to succeed" can’t trump Ponzi math. Your scam excuses are full of shit.
The "will to succeed" can’t trump Ponzi math. Your scam excuses are full of shit.
- K. Chang
Jul 12th, 2016 at 3:39 pm K. Chang(Q)
Jul 12th, 2016 at 3:39 pm K. Chang(Q)
- They’ve been deregistered, and they are spinning it was "we’ve anticipated that", yeah right.
behindmlm.com/companies/fx-united-deregistered-as-financial-service-provider-in-nz/
behindmlm.com/companies/fx-united-deregistered-as-financial-service-provider-in-nz/
- Jul 18th, 2016 at 12:30 pm (Q)
- @The partner.
I have done some research and found the following and would like to answer @the partner
Do you know why they kept quiet, you bamboozle? Now, click this link and you will know why, my dear fxu partners.
youtube.com/watch?v=_aw8j3cquu0
youtube.com/watch?v=vy9gjchijro
youtube.com/watch?v=ibuybsh4aq0
youtube.com/watch?v=dtng5t-ag9k
youtube.com/watch?v=ycwagay9ewq
(please refer to 1:24 (video number 5 )- are you familiar with the mustached face in the front and happily clapping, i was informed that this guy has the largest network in fxunited)
So do you all recognize the guys in the video? The same people who are behind fxunited.
The operators knew from the start, where it will end, buddy.and that is why they are so calm and quiet. You got it.
They are calm and quiet because, this is nothing new to them.they have been there, done that and then been there several more times because apparently there are fools and suckers born every seconds.
Do you know what your mib’s and ib’s did the last time? What happened to their last sting?
So, @the partner, you are using risk clause to justify their deception and putting the blame squarely on the investors, what cock a doodle doo, you are so extremely fatuous in believing such an incredible lie.
Dear @the partner, courage cannot be used as a yardstick to justify risk taking when falsehood is involved in the entire process, so wtf are you talking? It is total crap and full of bullshit and your argument and explanations is only fit and appropriate for retards.
As for your advice on risk management- do you even know what it means? Inane!!
Do you know that, currently people are already having problem withdrawing their funds and getting their monthly payout.
For more information on people complaining about their withdrawals, please refer to the following link:
100forexbrokers.com/reviews-ratings/fxunited
@the partner, we know you are part of the scheme and not an innocent investor who is tying to give innocent and stupid explanation, it shows buddy.
The conclusion is, the driving motivation behind this scheme, from top to bottom, is greed. Everyone – from ughl, mib’s and ib’s on down to the last "investor" recruited – knew that in the end someone would be left "holding the bag;" that people would get hurt; and that some would be hurt very badly. They don’t care! – just so long as it is not them.
Most who involved themselves feel that they could get "in and out" of the pyramid before it collapsed – and "to hell" with those who were "dumb" enough to get caught.
So based on the above greed factor, everyone deserved to be screwed,except for really ignorant and imbecile folks.
Lastly it takes very cold hearted people to push the scheme, and very greedy and selfish-minded ones to participate.so don’t use the risk taking factor to justify your dishonesty.
Period
I have done some research and found the following and would like to answer @the partner
Do you know why they kept quiet, you bamboozle? Now, click this link and you will know why, my dear fxu partners.
youtube.com/watch?v=_aw8j3cquu0
youtube.com/watch?v=vy9gjchijro
youtube.com/watch?v=ibuybsh4aq0
youtube.com/watch?v=dtng5t-ag9k
youtube.com/watch?v=ycwagay9ewq
(please refer to 1:24 (video number 5 )- are you familiar with the mustached face in the front and happily clapping, i was informed that this guy has the largest network in fxunited)
So do you all recognize the guys in the video? The same people who are behind fxunited.
The operators knew from the start, where it will end, buddy.and that is why they are so calm and quiet. You got it.
They are calm and quiet because, this is nothing new to them.they have been there, done that and then been there several more times because apparently there are fools and suckers born every seconds.
Do you know what your mib’s and ib’s did the last time? What happened to their last sting?
So, @the partner, you are using risk clause to justify their deception and putting the blame squarely on the investors, what cock a doodle doo, you are so extremely fatuous in believing such an incredible lie.
Dear @the partner, courage cannot be used as a yardstick to justify risk taking when falsehood is involved in the entire process, so wtf are you talking? It is total crap and full of bullshit and your argument and explanations is only fit and appropriate for retards.
As for your advice on risk management- do you even know what it means? Inane!!
Do you know that, currently people are already having problem withdrawing their funds and getting their monthly payout.
For more information on people complaining about their withdrawals, please refer to the following link:
100forexbrokers.com/reviews-ratings/fxunited
@the partner, we know you are part of the scheme and not an innocent investor who is tying to give innocent and stupid explanation, it shows buddy.
The conclusion is, the driving motivation behind this scheme, from top to bottom, is greed. Everyone – from ughl, mib’s and ib’s on down to the last "investor" recruited – knew that in the end someone would be left "holding the bag;" that people would get hurt; and that some would be hurt very badly. They don’t care! – just so long as it is not them.
Most who involved themselves feel that they could get "in and out" of the pyramid before it collapsed – and "to hell" with those who were "dumb" enough to get caught.
So based on the above greed factor, everyone deserved to be screwed,except for really ignorant and imbecile folks.
Lastly it takes very cold hearted people to push the scheme, and very greedy and selfish-minded ones to participate.so don’t use the risk taking factor to justify your dishonesty.
Period
- Bad_boy
Jul 20th, 2016 at 1:02 am Bad_boy(Q)
Jul 20th, 2016 at 1:02 am Bad_boy(Q)
- Hi guys….please don’t invest anymore. I don’t know about you guys, but this month was supposed to be my third month withdrawing. Sadly money isn’t in my account even after a week plus delay.
They are blaming it on a glitch and are being silent. Am hoping I can withdraw my initial investment.
Feel so stupid now bro Shah. Well, will update here if any new updates as my IB said money should be in my account by end of the week. Let’s all hope for the best.
All I wanna do now is withdraw and be happy with what I have instead of being too ambitious. Good night guys and girls.
They are blaming it on a glitch and are being silent. Am hoping I can withdraw my initial investment.
Feel so stupid now bro Shah. Well, will update here if any new updates as my IB said money should be in my account by end of the week. Let’s all hope for the best.
All I wanna do now is withdraw and be happy with what I have instead of being too ambitious. Good night guys and girls.
- chip Boulder
Jul 24th, 2016 at 4:59 am chip Boulder(Q)
Jul 24th, 2016 at 4:59 am chip Boulder(Q)
- Steven: Those who are condemning FX United or Power International are idiots. I am making money and so are hundreds of thousands of others.
- Steven, I’m calling you out on your STFU. You have the blinkers on and this is exactly why these Ponzi’s scale up and cause so much damage.
I am making money and so are hundreds of thousands of others.
You might think you are, and you may have been early enough and corralled more victims into the scheme, so you might be fortunate enough to nearly cover your investment. if you are in fact ahead, that is at the expense of those that followed you.
So let me ask you this. If I’m right and you are wrong. How are you going to deal with it. Are you going to be responsible for those you brought in and made an earn from?
Or are you going to be like every other scheme where its never your fault, how were you to know it was a scam. Its pretty easy actually.
You just need to look at the facts.
12% p/m guaranteed + 7.8% upline BS + mgt fee + this imaginary 30% you get as a premium.
Look at this from a different viewpoint. You are part of an experienced trading team, and you have a rapid increasing pool of capital that you can trade with.
That’s awesome bring it on.
Can’t wait to put it to work and make some big bucks. A team you have some really solid ideas and thoughts as where the markets are going.
You absolutely certain there are a couple of events that you are certain when they occur certain currencies are going to turn very sharply and you can make a killing on in the next 12 months.
You are so confident that you already thinking that you will be able to start your own fund funded by the profits that will be made for the investors in the next 12 months.
A trader can make 7 figures, but a partner in a fund who gets a slice of the pie can be 8 figures (if the pie is 20% of the upside over a hurdle rate of even 8% can be a big pie).
Then you find out what the variables, restrictions, and obligations of the incoming funds;
1. The funds are coming in quicker than you can count them, every day there are hundreds of new accounts. Anything from $1,000 to $10,000 and some investors are setting up 5-10 different accounts staggered over weeks or months.
Not only do you not know exactly how much there is to trade on a week to week basis, frustratingly the trades can’t be aggregated or pooled as each account remains segregated from others and of course the house account.
There is also literally thousands of $1,000 accounts. Which is a nightmare to manage, if there is 2,000 of those $1k accounts, then have to make 2,000 trades. Its not like you can just execute all at exactly the same time and lock in exactly the same terms.
Your liquidty provider on the other hand he can aggregate them together. Then you find out that you can’t mobilise all the capital as 20% of it has to go back out almost immediately.
Then you find out that over the 12 months 144% has to be repaid to the investor some other rediculous amount to a endles line of people on a monthly basiss as well.. And you thought paying 3-5% raising for a fund was high.
Then lastly, you find out that the investor can call in their after a certain return has been made. Which is kind of strange since the returns are so high that to by meeting those returns no one is going to ask for their cash back. Unless something goes wrong and well. there wont be any left anyway.
Your thoughts of having your own funds start to fade.
If you had your own fund. You would get a big bit of the 20% once the fund covers costs +8%, tax is a bit of a killer but if its been structured properly then the distributions will be franked which is good so as can offset that to minimise how much you get tapped up by the tax man.
But this is crazy.
Not only is the quantum of cash that needs to be put to work escalating the number of accounts is doubling ever month. It all arriving on different days, which means every-day positions have to be liquidated to have the cash to move into each investors accounts.
Making things even harder is while money is flying in its wrecking havoc on working capital requirements overall, because it doesn’t matter if things are bottlenecking, or the capital is slow to mobilise or unwind, that 20%+ has to hit those accounts when they fall due.
four months into this nightmare, you feel like having a complete meltdown. The reality justs gets more painful.
Somehow for the first 4 months you have made the impossible happen and have been making 300% annualised returns which is just keeping you in the game.
In a world where Japan’s interest rate is actually 0.0% some genius here thought the best thing in the world to do would be go and get money off investors and promise them 12% per month.
The amount of trading profits made in the last 4 months is more money than anyone has ever seen before. In fact, we are now onto our 4th liquidity provider as the other 3 went to the wall.
Its incomprehendble that these LP’s are so bad at managing their risk that they were willing to counterpart on every trade and they didnt just go against them it complete tore apart their balance sheet.
Then all the tears about how we must be manipulating the market somehow. Just because we are outperforming the market by 10x. Not sure what their problem is.
It all legit. Just ask my upline, and his upline, and his upline, they will tell you I’m hard working and honest.
All that needs to happen is you go out tomorrow and get 10 more people. Tell them not to worry that they are wiring their money to Eastern Europe to an account held by a group you haven’t heard of before to settle an invoice that is completely unrelated to the actual purpose of the funds. Don’t worry about not knowing much about who’s behind FX United if it was important, your upline would have told you it was.
After, all he is really tight with his upline, and he is with his, and that guys cousin, lives next door to a guy who is one of the main guys.
If anything goes wrong its like having your own bat phone. safe as houses.
Getting rid of that NZ company makes it a bit easier. That Trust instrument that you signed, but they only stamped with no names on it. That should stand up in court. No problem. Mind you probably don’t want to go to court with that. Since the only person it obligates is you the investor.
Yeah probably best not to make a big noise in court over it. Some one might looks at the agreements and realise that as the investor you are reasonable for paying all the tax in the jurisdiction that the profits were made.
Since all teh cash you did get back was 100% profit, you do actually owe a lot of taxes on that.
Of course its a crying shame that those ‘guys’ took or lost your principal. But thats an issue between you and them.
The government just wants their share of the profits, if there is any capital found. It will be offset against the with-holding tax that needs to be settled. Yes of course you have to pay tax in your own country, and some up front tax planning around the existing double taxation treaties would have been smart.
Anyone that thinks that still thinks this is real, ask your world class traders at Power Rangers United
(1) how they successfully navigated around the unpegging of the Swiss Frank (that idiot Brian Johnson mentions it on the podium at one of the gala events – its cringeworthy how little he knows about well…anything)
(2) Which way were they better on Brexit, (clearly they bet the UK would irrationally leave the EU).
I’d be interested to know what there answer was. If you are still not convinced.
Just ask them for a set of accounts.
if that doesn’t convince you.
Ask one of their liquidity providers to confirm the massive volumes going through.
PS. Its even worse than this. It far more obvious. but that can wait till next time.
So just think about how the capital is flowing in and out.
1. 12% per month with a "guarantee" PLUS all that MLM bullshit kicking it back up line. It requires more than 200% p/a return just to meet the obligations they are promoting, and with some pretty extreme restrictions. To secur
I am making money and so are hundreds of thousands of others.
You might think you are, and you may have been early enough and corralled more victims into the scheme, so you might be fortunate enough to nearly cover your investment. if you are in fact ahead, that is at the expense of those that followed you.
So let me ask you this. If I’m right and you are wrong. How are you going to deal with it. Are you going to be responsible for those you brought in and made an earn from?
Or are you going to be like every other scheme where its never your fault, how were you to know it was a scam. Its pretty easy actually.
You just need to look at the facts.
12% p/m guaranteed + 7.8% upline BS + mgt fee + this imaginary 30% you get as a premium.
Look at this from a different viewpoint. You are part of an experienced trading team, and you have a rapid increasing pool of capital that you can trade with.
That’s awesome bring it on.
Can’t wait to put it to work and make some big bucks. A team you have some really solid ideas and thoughts as where the markets are going.
You absolutely certain there are a couple of events that you are certain when they occur certain currencies are going to turn very sharply and you can make a killing on in the next 12 months.
You are so confident that you already thinking that you will be able to start your own fund funded by the profits that will be made for the investors in the next 12 months.
A trader can make 7 figures, but a partner in a fund who gets a slice of the pie can be 8 figures (if the pie is 20% of the upside over a hurdle rate of even 8% can be a big pie).
Then you find out what the variables, restrictions, and obligations of the incoming funds;
1. The funds are coming in quicker than you can count them, every day there are hundreds of new accounts. Anything from $1,000 to $10,000 and some investors are setting up 5-10 different accounts staggered over weeks or months.
Not only do you not know exactly how much there is to trade on a week to week basis, frustratingly the trades can’t be aggregated or pooled as each account remains segregated from others and of course the house account.
There is also literally thousands of $1,000 accounts. Which is a nightmare to manage, if there is 2,000 of those $1k accounts, then have to make 2,000 trades. Its not like you can just execute all at exactly the same time and lock in exactly the same terms.
Your liquidty provider on the other hand he can aggregate them together. Then you find out that you can’t mobilise all the capital as 20% of it has to go back out almost immediately.
Then you find out that over the 12 months 144% has to be repaid to the investor some other rediculous amount to a endles line of people on a monthly basiss as well.. And you thought paying 3-5% raising for a fund was high.
Then lastly, you find out that the investor can call in their after a certain return has been made. Which is kind of strange since the returns are so high that to by meeting those returns no one is going to ask for their cash back. Unless something goes wrong and well. there wont be any left anyway.
Your thoughts of having your own funds start to fade.
If you had your own fund. You would get a big bit of the 20% once the fund covers costs +8%, tax is a bit of a killer but if its been structured properly then the distributions will be franked which is good so as can offset that to minimise how much you get tapped up by the tax man.
But this is crazy.
Not only is the quantum of cash that needs to be put to work escalating the number of accounts is doubling ever month. It all arriving on different days, which means every-day positions have to be liquidated to have the cash to move into each investors accounts.
Making things even harder is while money is flying in its wrecking havoc on working capital requirements overall, because it doesn’t matter if things are bottlenecking, or the capital is slow to mobilise or unwind, that 20%+ has to hit those accounts when they fall due.
four months into this nightmare, you feel like having a complete meltdown. The reality justs gets more painful.
Somehow for the first 4 months you have made the impossible happen and have been making 300% annualised returns which is just keeping you in the game.
In a world where Japan’s interest rate is actually 0.0% some genius here thought the best thing in the world to do would be go and get money off investors and promise them 12% per month.
The amount of trading profits made in the last 4 months is more money than anyone has ever seen before. In fact, we are now onto our 4th liquidity provider as the other 3 went to the wall.
Its incomprehendble that these LP’s are so bad at managing their risk that they were willing to counterpart on every trade and they didnt just go against them it complete tore apart their balance sheet.
Then all the tears about how we must be manipulating the market somehow. Just because we are outperforming the market by 10x. Not sure what their problem is.
It all legit. Just ask my upline, and his upline, and his upline, they will tell you I’m hard working and honest.
All that needs to happen is you go out tomorrow and get 10 more people. Tell them not to worry that they are wiring their money to Eastern Europe to an account held by a group you haven’t heard of before to settle an invoice that is completely unrelated to the actual purpose of the funds. Don’t worry about not knowing much about who’s behind FX United if it was important, your upline would have told you it was.
After, all he is really tight with his upline, and he is with his, and that guys cousin, lives next door to a guy who is one of the main guys.
If anything goes wrong its like having your own bat phone. safe as houses.
Getting rid of that NZ company makes it a bit easier. That Trust instrument that you signed, but they only stamped with no names on it. That should stand up in court. No problem. Mind you probably don’t want to go to court with that. Since the only person it obligates is you the investor.
Yeah probably best not to make a big noise in court over it. Some one might looks at the agreements and realise that as the investor you are reasonable for paying all the tax in the jurisdiction that the profits were made.
Since all teh cash you did get back was 100% profit, you do actually owe a lot of taxes on that.
Of course its a crying shame that those ‘guys’ took or lost your principal. But thats an issue between you and them.
The government just wants their share of the profits, if there is any capital found. It will be offset against the with-holding tax that needs to be settled. Yes of course you have to pay tax in your own country, and some up front tax planning around the existing double taxation treaties would have been smart.
Anyone that thinks that still thinks this is real, ask your world class traders at Power Rangers United
(1) how they successfully navigated around the unpegging of the Swiss Frank (that idiot Brian Johnson mentions it on the podium at one of the gala events – its cringeworthy how little he knows about well…anything)
(2) Which way were they better on Brexit, (clearly they bet the UK would irrationally leave the EU).
I’d be interested to know what there answer was. If you are still not convinced.
Just ask them for a set of accounts.
if that doesn’t convince you.
Ask one of their liquidity providers to confirm the massive volumes going through.
PS. Its even worse than this. It far more obvious. but that can wait till next time.
So just think about how the capital is flowing in and out.
1. 12% per month with a "guarantee" PLUS all that MLM bullshit kicking it back up line. It requires more than 200% p/a return just to meet the obligations they are promoting, and with some pretty extreme restrictions. To secur
- jakal
Jul 24th, 2016 at 6:50 am jakal(Q)
Jul 24th, 2016 at 6:50 am jakal(Q)
- If you go through the crappy contracts, you can see how they have used find/replace as the font is different.
They also forgot to replace one " United World Markets Ltd"
Wind back wayback machine to 2013 and the website is full of United World Markets.
They also forgot to replace one " United World Markets Ltd"
Wind back wayback machine to 2013 and the website is full of United World Markets.
- jakal
Jul 24th, 2016 at 7:01 am jakal(Q)
Jul 24th, 2016 at 7:01 am jakal(Q)
- Another thing.
I hadn’t bothered going through the mechanics of the ‘scam before’. Didn’t need to 11% guaranteed/topped up whtever. Its not possible, its not realistic and its not plausible.
But I thought I’d better at least get the terms right. I had to re-read it a few times to try and understand the logic. I now realise why some people are excited about it.
They believe its a magic formulae. On the basis that the broker always makes money. stop being the investor and get in the middle as the broker.
So by fixing the broker remuneration at 3.5pips these idiots have assumed that they can preprogram an auto trader to be fully hedged and run the trade all day and night. Collect and split the pip spread and everyone is happy.
Everyone except the liquidity provider who you are stripping the spread from. to pay out on the $10k investment….. you would be running $70m in trades.
I hadn’t bothered going through the mechanics of the ‘scam before’. Didn’t need to 11% guaranteed/topped up whtever. Its not possible, its not realistic and its not plausible.
But I thought I’d better at least get the terms right. I had to re-read it a few times to try and understand the logic. I now realise why some people are excited about it.
They believe its a magic formulae. On the basis that the broker always makes money. stop being the investor and get in the middle as the broker.
So by fixing the broker remuneration at 3.5pips these idiots have assumed that they can preprogram an auto trader to be fully hedged and run the trade all day and night. Collect and split the pip spread and everyone is happy.
Everyone except the liquidity provider who you are stripping the spread from. to pay out on the $10k investment….. you would be running $70m in trades.
- Paul mike
Jul 25th, 2016 at 12:59 am Paul mike(Q)
Jul 25th, 2016 at 12:59 am Paul mike(Q)
- There always has to be a loser on one side on the trade, as what we know, fxunited they are trading against other multiples LP’s hard with the volume they generate, not their own LP obviously. It could also explain why LMAX dismissed them and how they are with other LP’s now.
First month on fxunited back in 2014 on cgat, we could gain actual trade profits, personally made around 30% to 40% until they stop allowing investors to obtain trade profits and restrict our returns to 12% to make it more feasible, this is then reduced to 9% the next year, and 5% the following year.
Their additional 30% welcome bonus is just probably a visual enhancement because everything is base on points.
Since they are providing guaranteed returns, they have a huge surplus funds from previous trade wins to pay out investors on their due dates as the forex market itself is a no guarantee.
First month on fxunited back in 2014 on cgat, we could gain actual trade profits, personally made around 30% to 40% until they stop allowing investors to obtain trade profits and restrict our returns to 12% to make it more feasible, this is then reduced to 9% the next year, and 5% the following year.
Their additional 30% welcome bonus is just probably a visual enhancement because everything is base on points.
Since they are providing guaranteed returns, they have a huge surplus funds from previous trade wins to pay out investors on their due dates as the forex market itself is a no guarantee.
- Jul 29th, 2016 at 2:39 am (Q)
- i received good income every month… just sometimes little delayed but overall still get it perfectly..
good investment.. dont doubt and listen to negative feedback..
good investment.. dont doubt and listen to negative feedback..
- Jul 29th, 2016 at 7:44 am (Q)
- i received good income every month…
You mean you stole money from people who joined after you… but hey, whatever helps you sleep at night.
You mean you stole money from people who joined after you… but hey, whatever helps you sleep at night.
- Singam
Jul 29th, 2016 at 5:20 pm Singam(Q)
Jul 29th, 2016 at 5:20 pm Singam(Q)
- # Shah – thanks for your reply.
Now I need some clarification from you. I read that you were involved in FX United and someone you were affiliated with is the programmer for FX United and other FX softwares and all of you were Malaysians and Indonesians.
And also you were involved in the startup up of FX United, then FX United UK and NexusFX and also VenusFX. Can you tell us here what is your affiliation with all those entities mentioned above? Pls.
Now I need some clarification from you. I read that you were involved in FX United and someone you were affiliated with is the programmer for FX United and other FX softwares and all of you were Malaysians and Indonesians.
And also you were involved in the startup up of FX United, then FX United UK and NexusFX and also VenusFX. Can you tell us here what is your affiliation with all those entities mentioned above? Pls.
- Jul 30th, 2016 at 8:04 pm (Q)
- @Singam
I think you got the wrong Shah…LOLZ
Nevermind… VENUS..NEXUS …FXUNITED UK AND ALL FX COMPANY WHICH IS OPERATING IN MALAYSIA WITHOUT PROPER ACCREDITATION ARE ALL PONZI SCHEMES.
since you are so curious and need answers, let me help you. I guess you dont read other forums. Pls refer below..just doing you a favour.
YOU WANT TO KNOW THE REAL SHAH, READ HIS RESPONSE IN :
100forexbrokers.com/reviews-ratings/fxunited.
So i am sorry, I cannot answer your question, you have to ask the real Shah.
Now can you answer one simple question, why are thousands of investors in CGAT are not paid since May 2016?
And there are also rumors going around that FX united will close shop in Malaysia by 10th August, is it true?
I think you got the wrong Shah…LOLZ
Nevermind… VENUS..NEXUS …FXUNITED UK AND ALL FX COMPANY WHICH IS OPERATING IN MALAYSIA WITHOUT PROPER ACCREDITATION ARE ALL PONZI SCHEMES.
since you are so curious and need answers, let me help you. I guess you dont read other forums. Pls refer below..just doing you a favour.
YOU WANT TO KNOW THE REAL SHAH, READ HIS RESPONSE IN :
100forexbrokers.com/reviews-ratings/fxunited.
So i am sorry, I cannot answer your question, you have to ask the real Shah.
Now can you answer one simple question, why are thousands of investors in CGAT are not paid since May 2016?
And there are also rumors going around that FX united will close shop in Malaysia by 10th August, is it true?
- goddammforex
Aug 4th, 2016 at 11:43 pm goddammforex(Q)
Aug 4th, 2016 at 11:43 pm goddammforex(Q)
- 10th august close shop???? is the youtube videos taken down for good? did everyone got their withdrawals ??
- jaason benedict
Aug 5th, 2016 at 5:34 pm jaason benedict(Q)
Aug 5th, 2016 at 5:34 pm jaason benedict(Q)
- Seems "investors" from both FXUnited and VenusFX have withdrawal problems. As Shah mentioned, maybe they are closing down by 10th August.
- Aug 6th, 2016 at 12:03 pm (Q)
- Venusfx came in at the wrong time.Let me tell you why, FXunited is closely watched by the authority and their failure to pay the guaranteed sum to the members has become a major problem.
So at this moment it will be too risky for Venusfx to spread their wings and duplicate FXU modus operandi. So the best option for Venusfx is to collect the money and dissappear with the loot.
Shahirawadey the owner of Venusfx is formerly an associate of FXunited..it is just a break away group and many were warned that this is a doubtful company and ponzi scheme but as usual none listened to good advise.
There are announcment made in the FXU website saying all CGAT arrears has been fully cleared- this is a total LIE, THERE ARE THOUSANDS OF MEMBERS WHO HAVE NOT RECEIVED ANY PAYMENT FROM MAY 2016.
The game is over for all fx related illegal companies in Malaysia. Based on the number of members FXU have, we are talking about hundreds of millions and it is probably going to be the single largest scam in Malaysia.
Venus or FXUnited would have made it bigger and ran for a few years more but unfortunately their scam was cut short because there are people like OZ and other good natured people who have taken upon themselves to highlight the scams in this forum and other related forums.
After all the explosive exposures about their scam, this buggers were caught red handed and they have no choice but to run to Philippines.Even in Philippines they are not safe because Security and Exchange Commission is watching them and we will know very soon the news from Philippines.
Only now, the real show is going to start because many investors who have not received their payment is heading to Bank Negara Malaysia.
Bank Negara Malaysia normally warn people about company to wary of and will only watch them but this time its going to be different and action will be taken because I foresee hundreds or maybe thousands are going to throng BNM to report and get back their money.
I hope they are lucky enough to get back their money. ALL THE BEST
So Singam, Shahruddin is my full name, so dont get confused and mixed up with Shahidrawadey..LOLZ
So at this moment it will be too risky for Venusfx to spread their wings and duplicate FXU modus operandi. So the best option for Venusfx is to collect the money and dissappear with the loot.
Shahirawadey the owner of Venusfx is formerly an associate of FXunited..it is just a break away group and many were warned that this is a doubtful company and ponzi scheme but as usual none listened to good advise.
There are announcment made in the FXU website saying all CGAT arrears has been fully cleared- this is a total LIE, THERE ARE THOUSANDS OF MEMBERS WHO HAVE NOT RECEIVED ANY PAYMENT FROM MAY 2016.
The game is over for all fx related illegal companies in Malaysia. Based on the number of members FXU have, we are talking about hundreds of millions and it is probably going to be the single largest scam in Malaysia.
Venus or FXUnited would have made it bigger and ran for a few years more but unfortunately their scam was cut short because there are people like OZ and other good natured people who have taken upon themselves to highlight the scams in this forum and other related forums.
After all the explosive exposures about their scam, this buggers were caught red handed and they have no choice but to run to Philippines.Even in Philippines they are not safe because Security and Exchange Commission is watching them and we will know very soon the news from Philippines.
Only now, the real show is going to start because many investors who have not received their payment is heading to Bank Negara Malaysia.
Bank Negara Malaysia normally warn people about company to wary of and will only watch them but this time its going to be different and action will be taken because I foresee hundreds or maybe thousands are going to throng BNM to report and get back their money.
I hope they are lucky enough to get back their money. ALL THE BEST
So Singam, Shahruddin is my full name, so dont get confused and mixed up with Shahidrawadey..LOLZ
- Jamal
Aug 9th, 2016 at 9:31 am Jamal(Q)
Aug 9th, 2016 at 9:31 am Jamal(Q)
- Hi fxunited,
Please return back my money. Already apply withdraw since june. Status sucess but haven get money back.
All upline just ingnore and update other non related topic. Fxunited just paying interest only, the capital gone forever. Scam company.
Please return back my money. Already apply withdraw since june. Status sucess but haven get money back.
All upline just ingnore and update other non related topic. Fxunited just paying interest only, the capital gone forever. Scam company.
- Aug 9th, 2016 at 6:39 pm (Q)
- Hi FXU members, some information for you guys..
Bank Negara Malaysia (BNM) has no authority to defreeze accounts which are frozen due to investments in illegal investment scheme.
Any assets involved in criminal proceedings could only be administered with a court order.
"Investors can file a third party suit to the court for the return of their money or assets,"
Bank Negara Malaysia (BNM) has no authority to defreeze accounts which are frozen due to investments in illegal investment scheme.
Any assets involved in criminal proceedings could only be administered with a court order.
"Investors can file a third party suit to the court for the return of their money or assets,"
- Param
Aug 11th, 2016 at 9:11 am Param(Q)
Aug 11th, 2016 at 9:11 am Param(Q)
- Shah, I have been following this tread for sometime. Recently you had mentioned that FXU will be closed by 10th August. Seems it still going on as usual.
I heard that their investor still get their monthly returns as promised only a little bit delayed.
I am not invest in this scheme. Few of my friends are. Others plan to join and I had asked them not to invest due to what you mentioned that it will close shop soon.
I fully understand that this is a ponzi scheme. I hoped this will collapse as soon as possible so that less will be their victims. Thanks for your inputs.
I heard that their investor still get their monthly returns as promised only a little bit delayed.
I am not invest in this scheme. Few of my friends are. Others plan to join and I had asked them not to invest due to what you mentioned that it will close shop soon.
I fully understand that this is a ponzi scheme. I hoped this will collapse as soon as possible so that less will be their victims. Thanks for your inputs.
- Aug 11th, 2016 at 11:28 am (Q)
- @Param
I heard it through the grapevine that it will cease operations, please don’t quote me…just heard from the industry people, buddy.
Anyway 10th August or not it is immaterial because the shut down is inevitable due to it’s illegitimate operations in Malaysia.
2 of their IB’s and their company’s are already listed in BNM website, company to be wary of. Lately a company called Highway group was raided by the authority and I believe FXU is in the same league.
Anyway time has a wonderful way of showing us the final outcome, so let’s wait and see.
I heard it through the grapevine that it will cease operations, please don’t quote me…just heard from the industry people, buddy.
Anyway 10th August or not it is immaterial because the shut down is inevitable due to it’s illegitimate operations in Malaysia.
2 of their IB’s and their company’s are already listed in BNM website, company to be wary of. Lately a company called Highway group was raided by the authority and I believe FXU is in the same league.
Anyway time has a wonderful way of showing us the final outcome, so let’s wait and see.
- Aug 11th, 2016 at 3:08 pm (Q)
- Now they all goyang already. The FX United management try to calm down the investor by posting the news:
Recently there has been a blogger who has been spreading rumours that his upline who has allegedly invested USD1 million with us in 100 CGAT accounts has advised him to withdraw his capital before August 13th because allegedly FX UNITED had lost 80% of the investors funds during the EU Referendum.
After the said date we will not be able to grant any withdrawal request.
We would like to clarify that this is not at all true. Firstly one single person can only open 10 CGAT accounts to a maximum of USD100000.00. So that can already prove that this person is lying.
Secondly the EU Referendum did not cause any damage to us that we have to close shop. These allegations as usual are meant to destroy our reputation as day by day our business is growing to more and more countries and naturally people get jealous of our success.
Once again please do not believe any of these allegations as we are here for the long haul.
And one more thing.. FX United also listed in "Ponzi Scheme Alert in Malaysia" facebook.
Recently there has been a blogger who has been spreading rumours that his upline who has allegedly invested USD1 million with us in 100 CGAT accounts has advised him to withdraw his capital before August 13th because allegedly FX UNITED had lost 80% of the investors funds during the EU Referendum.
After the said date we will not be able to grant any withdrawal request.
We would like to clarify that this is not at all true. Firstly one single person can only open 10 CGAT accounts to a maximum of USD100000.00. So that can already prove that this person is lying.
Secondly the EU Referendum did not cause any damage to us that we have to close shop. These allegations as usual are meant to destroy our reputation as day by day our business is growing to more and more countries and naturally people get jealous of our success.
Once again please do not believe any of these allegations as we are here for the long haul.
And one more thing.. FX United also listed in "Ponzi Scheme Alert in Malaysia" facebook.
- littleroundman
Aug 11th, 2016 at 3:52 pm littleroundman(Q)
Aug 11th, 2016 at 3:52 pm littleroundman(Q)
- FX Admin: we are here for the long haul.
- Uh Oh,
"We are here for the long haul" is ponzispeak for "We’re on the verge of disappearing with your money"
"We are here for the long haul" is ponzispeak for "We’re on the verge of disappearing with your money"
- Jamal
Aug 11th, 2016 at 8:30 pm Jamal(Q)
Aug 11th, 2016 at 8:30 pm Jamal(Q)
- Dear param,
Fxunited is holding and try to proof their can last longer than 10 aug. Their are in state of emergency now.
Sooner or later their will shop the shop. So, please new investors dont financial this scam company to run further.
New investors are fuel for fxunited now. Without new investors fxunited cant last long.
Fxunited is holding and try to proof their can last longer than 10 aug. Their are in state of emergency now.
Sooner or later their will shop the shop. So, please new investors dont financial this scam company to run further.
New investors are fuel for fxunited now. Without new investors fxunited cant last long.
- Jamal
Aug 11th, 2016 at 9:30 pm Jamal(Q)
Aug 11th, 2016 at 9:30 pm Jamal(Q)
- Fxunited only pay dividend on monthly bases. The capital is gone forever, eat by the leaders.
Makan besar for them. Try to withdral your capital, then you know the real problems. You will get all the hangky panky things then.
Makan besar for them. Try to withdral your capital, then you know the real problems. You will get all the hangky panky things then.
- chandra
Aug 13th, 2016 at 6:38 pm chandra(Q)
Aug 13th, 2016 at 6:38 pm chandra(Q)
- Hi Jamal,
have you managed to get back your capital? Is there a way to liaise with you directly?
Regards, chandra
have you managed to get back your capital? Is there a way to liaise with you directly?
Regards, chandra
- Aug 13th, 2016 at 11:45 pm (Q)
- With effect from 1st August 2016, United Global Holdings is removed from the company office register of New Zealand.Refer to the below link.
business.govt.nz/companies/app/ui/pages/companies/5247841
Now, UGHL New Zealand is officialy a useless and defunct entity and as such FXU is officialy closed down in New Zealand and its operations in Malaysia and other countries are illegal.
So all Malaysians who have contributed to the well being of your leaders and elevated them to a super rich status, now its time to redeem what you have freely given to them because the end is near.
Good Luck.
business.govt.nz/companies/app/ui/pages/companies/5247841
Now, UGHL New Zealand is officialy a useless and defunct entity and as such FXU is officialy closed down in New Zealand and its operations in Malaysia and other countries are illegal.
So all Malaysians who have contributed to the well being of your leaders and elevated them to a super rich status, now its time to redeem what you have freely given to them because the end is near.
Good Luck.
- Jamal
Aug 14th, 2016 at 7:11 pm Jamal(Q)
Aug 14th, 2016 at 7:11 pm Jamal(Q)
- Send ur details chandra. I will contact u .chandra from which id line .
- Aug 15th, 2016 at 7:40 am (Q)
- and why are they still running in malaysia..?
Malaysia isn’t really known for MLM regulation.
Malaysia isn’t really known for MLM regulation.
- jaason benedict
Aug 15th, 2016 at 9:56 pm jaason benedict(Q)
Aug 15th, 2016 at 9:56 pm jaason benedict(Q)
- Now the FXU withdrawal process become even more complicated.
Withdrawal must go through PerfectMoney portal which is known popular among fraudsters. Than you have to find another channel to go through before money comes to your bank account. And seems the process quite complicated.
A friend of mind with 11k USK had withdrawal problem. Have been 10 days after his withdrawal request with any success.
Withdrawal must go through PerfectMoney portal which is known popular among fraudsters. Than you have to find another channel to go through before money comes to your bank account. And seems the process quite complicated.
A friend of mind with 11k USK had withdrawal problem. Have been 10 days after his withdrawal request with any success.
- Aug 15th, 2016 at 11:20 pm (Q)
- You should know the fact that PerfectMoney is the most popular system among HYIP projects and Internet pyramids.
It is impossible to count quantity of pyramids which is started on PerfectMoney platform daily. It speaks about weak influence on system of different government institutions which in every possible way limit freedom of money circulation.
For example, LibertyReserve system that was also famous among administrators of financial pyramids was closed in May, 2013 by federal agency of the USA. After that case PerfectMoney quickly moved to the .is domain (Iceland) to leave from jurisdiction of the USA.
It is impossible to count quantity of pyramids which is started on PerfectMoney platform daily. It speaks about weak influence on system of different government institutions which in every possible way limit freedom of money circulation.
For example, LibertyReserve system that was also famous among administrators of financial pyramids was closed in May, 2013 by federal agency of the USA. After that case PerfectMoney quickly moved to the .is domain (Iceland) to leave from jurisdiction of the USA.
- K. Chang
Aug 16th, 2016 at 12:37 am K. Chang(Q)
Aug 16th, 2016 at 12:37 am K. Chang(Q)
- shah: For example, LibertyReserve system that was also famous among administrators of financial pyramids was closed in May, 2013 by federal agency of the USA.
- Liberty Reserve had always been in Costa Rica, FWIW.
- Lexman
Aug 16th, 2016 at 4:33 pm Lexman(Q)
Aug 16th, 2016 at 4:33 pm Lexman(Q)
- Jamal:
- Fxunited only pay dividend on monthly bases. The capital is gone forever, eat by the leaders.
Makan besar for them. Try to withdral your capital, then you know the real problems. You will get all the hangky panky things then.
I have many people here who have withdrawn their entire capital in a month and received all the money too. So where do you stand?
Next question, why did they withdraw? They did that to restructure their deposits to suit their needs.
Makan besar for them. Try to withdral your capital, then you know the real problems. You will get all the hangky panky things then.
I have many people here who have withdrawn their entire capital in a month and received all the money too. So where do you stand?
Next question, why did they withdraw? They did that to restructure their deposits to suit their needs.
- Lexman
Aug 16th, 2016 at 4:39 pm Lexman(Q)
Aug 16th, 2016 at 4:39 pm Lexman(Q)
- jaason benedict: A friend of mind with 11k USK had withdrawal problem. Have been 10 days after his withdrawal request with any success.
- Jaason, its not Perfect Money. The person must have gone through Bankwire which can take as long as 2 weeks in some instance as the amount is big and a suspect for money laundering.
- Lexman
Aug 16th, 2016 at 7:29 pm Lexman(Q)
Aug 16th, 2016 at 7:29 pm Lexman(Q)
- For you information, i definitely know that FXU does not have any local companies.
In some comment above i notice there were some companies listed which i agree is on BNM’s list and none of these are companies set up by or related to FXU. There is one company, however, still not set up by FXU, operates by providing only training on FX trading using FXU MT4 Platform and nothing more.
From the information i obtained, this company appears to have been investigated by BNM as result of some clowns complain but found they were just a training provider company.
Some people here may be meshing bits and pieces to give their own impression which may be misleading in some parts.
Anyway, my take on FXU is simple. The risk is mine and after reading all this and if i do decide to invest then it is my problem.
I thank Shah for his information but appreciate if he could substantiate his finding and let people decide instead of threatening everyone.
In some comment above i notice there were some companies listed which i agree is on BNM’s list and none of these are companies set up by or related to FXU. There is one company, however, still not set up by FXU, operates by providing only training on FX trading using FXU MT4 Platform and nothing more.
From the information i obtained, this company appears to have been investigated by BNM as result of some clowns complain but found they were just a training provider company.
Some people here may be meshing bits and pieces to give their own impression which may be misleading in some parts.
Anyway, my take on FXU is simple. The risk is mine and after reading all this and if i do decide to invest then it is my problem.
I thank Shah for his information but appreciate if he could substantiate his finding and let people decide instead of threatening everyone.
- Aug 16th, 2016 at 8:25 pm (Q)
- Anyway, my take on FXU is simple. The risk is mine and after reading all this and if i do decide to invest then it is my problem.
Who takes on risk is not a justification for Ponzi fraud.
Who takes on risk is not a justification for Ponzi fraud.
- littleroundman
Aug 16th, 2016 at 8:36 pm littleroundman(Q)
Aug 16th, 2016 at 8:36 pm littleroundman(Q)
- Lexman: The risk is mine and after reading all this and if i do decide to invest then it is my problem.
- Good upon you.
I think you should mortgage the farm, cash in all your savings and convince your parents to invest their retirement fund in FX United as a demonstration of your beliefs.
I think you should mortgage the farm, cash in all your savings and convince your parents to invest their retirement fund in FX United as a demonstration of your beliefs.
- Jamal
Aug 16th, 2016 at 9:45 pm Jamal(Q)
Aug 16th, 2016 at 9:45 pm Jamal(Q)
- Dear lexman, I know u part of the scam group that run fxu company.
Conglate for being the larger n sucessful scammer. Amaze with ur marketing tactic to con people.
Conglate for being the larger n sucessful scammer. Amaze with ur marketing tactic to con people.
- Lexman
Aug 17th, 2016 at 10:26 am Lexman(Q)
Aug 17th, 2016 at 10:26 am Lexman(Q)
- Mr Jamal, stop being personal here. Say what want about about the FXU with substantiated proof and be professional about.
(Ozedit: Offtopic derail attempts removed)
(Ozedit: Offtopic derail attempts removed)
- Aug 17th, 2016 at 10:36 am (Q)
- Say what want about about the FXU with substantiated proof and be professional about.
Sure thing.
FXU pay ridiculous ROIs with no verification that funds are generated via legitimate means. Therefore the scheme is likely just using newly invested funds to pay off existing investors, making it a Ponzi scheme.
Sure thing.
FXU pay ridiculous ROIs with no verification that funds are generated via legitimate means. Therefore the scheme is likely just using newly invested funds to pay off existing investors, making it a Ponzi scheme.
- littleroundman
Aug 17th, 2016 at 11:13 am littleroundman(Q)
Aug 17th, 2016 at 11:13 am littleroundman(Q)
- Lexman: Mr Jamal, stop being personal here
- What, is there some sort of code of conduct now that says we should be respectful of pig headed apologists for ponzi and pyramid schemes ???
- Aug 17th, 2016 at 2:12 pm (Q)
- @Lexman
Firstly, where is the element of threat in our reviews?
Secondly, such a pathetic and feeble writing from a ridiculously laughable apologist/operator.
The evidence are all over and you are asking us to substantiate our claims – Laughable
Your claims that none of the blacklisted companies in BNM website is related to FXU is a total lie – Liar Liar Pants on Fire.
Refer to the following link and you will know the truth, nothing but the truth that these companies are related to FXU.
a) fxunitedmalaysia.my/
b) fxunitedpowerinternational.com/
Refer to the above links and we hope you can be cured of your delusion and can continue leading a normal life.
More info that these companies are related to the recently defunct United Global Holdings Ltd/FXU, New Zealand.
a) youtube.com/watch?v=Tvdr6ZMqVQ0
b) youtube.com/watch?v=qFrzWzESQrs
c) youtube.com/watch?v=sC5P8MBm7gg
d) facebook.com/fxunitedmalaysia/
Refer to the above "C" – this guy is the owner of Fxunited Power Team Sdn Bhd and which was duly black listed by BNM. So what more prove do you want, Lexman?
Why the need to run to Philippines? So, you fellas think that Philippines can be your next playground? Sorry buddy, you are already under their watch. You want prove, go and get it by yourself.
This is the link: sec.gov.ph
So, I hope these clowns (Shah) has given you some information to validate the claims, these are just the beginning, just a small indication of a larger thing to come, so just wait patiently and enjoy while it is still bright and breezy.
That’s all for the moment and we will save the BEST FOR LAST.
Firstly, where is the element of threat in our reviews?
Secondly, such a pathetic and feeble writing from a ridiculously laughable apologist/operator.
The evidence are all over and you are asking us to substantiate our claims – Laughable
Your claims that none of the blacklisted companies in BNM website is related to FXU is a total lie – Liar Liar Pants on Fire.
Refer to the following link and you will know the truth, nothing but the truth that these companies are related to FXU.
a) fxunitedmalaysia.my/
b) fxunitedpowerinternational.com/
Refer to the above links and we hope you can be cured of your delusion and can continue leading a normal life.
More info that these companies are related to the recently defunct United Global Holdings Ltd/FXU, New Zealand.
a) youtube.com/watch?v=Tvdr6ZMqVQ0
b) youtube.com/watch?v=qFrzWzESQrs
c) youtube.com/watch?v=sC5P8MBm7gg
d) facebook.com/fxunitedmalaysia/
Refer to the above "C" – this guy is the owner of Fxunited Power Team Sdn Bhd and which was duly black listed by BNM. So what more prove do you want, Lexman?
Why the need to run to Philippines? So, you fellas think that Philippines can be your next playground? Sorry buddy, you are already under their watch. You want prove, go and get it by yourself.
This is the link: sec.gov.ph
So, I hope these clowns (Shah) has given you some information to validate the claims, these are just the beginning, just a small indication of a larger thing to come, so just wait patiently and enjoy while it is still bright and breezy.
That’s all for the moment and we will save the BEST FOR LAST.
- Suresh
Aug 17th, 2016 at 4:30 pm Suresh(Q)
Aug 17th, 2016 at 4:30 pm Suresh(Q)
- Shah.. for past few days.. im following all your post. people wont listen if someone said its a ponzi ..scam.
i make a call to BNM last week and had discussion with BNM staff. they said already take action and freeze ponzi and skim cepat kaya companies.
Lexman, people using their life saving money… believe in your bullshits. dont you have heart cheating people and let them suffer?
i make a call to BNM last week and had discussion with BNM staff. they said already take action and freeze ponzi and skim cepat kaya companies.
Lexman, people using their life saving money… believe in your bullshits. dont you have heart cheating people and let them suffer?
- Aug 18th, 2016 at 9:10 am (Q)
- @Lexman
Let us tell you something,we know you are part of the scam and we also heard that the investors money are used for personal purchases and some even have bought properties in Australia worth millions.
You want more information? Ask your dear leaders.
Let us tell you something,we know you are part of the scam and we also heard that the investors money are used for personal purchases and some even have bought properties in Australia worth millions.
You want more information? Ask your dear leaders.
- Aug 23rd, 2016 at 11:49 pm (Q)
- Wow, FXU must be a breakhtrough to many people. SYABAS and congratulation, one of the FXU IB is a film producer now, excellent.Congratulation!
Please refer to the link below:
tabloidseni.com/#!KL-Vampires-genre-aksi-seram-dikaitkan-kisah-legenda-Raja-Bersiong/skiwm/57a0eb730cf218316fec230a
Please refer to the link below:
tabloidseni.com/#!KL-Vampires-genre-aksi-seram-dikaitkan-kisah-legenda-Raja-Bersiong/skiwm/57a0eb730cf218316fec230a
- Aug 24th, 2016 at 10:19 am (Q)
- I wonder why every month, they give message that their system is in maintenance and can’t withdraw.
I asked my senior member and they said since FX is expanding, they have millions to be sent in every day and they can’t do it because the bank will get suspicious.
So the problem is our banking system or FX unites?. So if BNM allow this system, then wouldn’t FX united could be a genuine?
They recently came out in Sepang racing circuit for some branding, how come the authority allow? I believe BNM can’t really do anything.
Probably they just feel that since investors are still getting paid (even though its taking months sometimes) and there is no clear documented complain from investors, so they remain quiet. Just like what is happening in their ‘other’ BIG cases.
I asked my senior member and they said since FX is expanding, they have millions to be sent in every day and they can’t do it because the bank will get suspicious.
So the problem is our banking system or FX unites?. So if BNM allow this system, then wouldn’t FX united could be a genuine?
They recently came out in Sepang racing circuit for some branding, how come the authority allow? I believe BNM can’t really do anything.
Probably they just feel that since investors are still getting paid (even though its taking months sometimes) and there is no clear documented complain from investors, so they remain quiet. Just like what is happening in their ‘other’ BIG cases.
- jaason benedict
Aug 24th, 2016 at 10:20 am jaason benedict(Q)
Aug 24th, 2016 at 10:20 am jaason benedict(Q)
- Saw some local Indian Actor also involved in promoting scam (VenusFX).
- Aug 24th, 2016 at 10:53 am (Q)
- BNM can’t do anything much?
Wait and see buddy, you cannot manipulate the system too long. They are still around because investors who have not received their payment do not want to say or do something to disturb the current situation.The members are still hopeful that their investment is safe.
But it won’ t be long as the investors are now, screwed left..right and centre without mercy. It is just a matter of time before these frustrated investors throng BNM to find a recourse.
It wont be very long buddy. When we told about FSPR, FMA and NZ company register, you guys insinuated and laughed at us..now wait and witness a jointly arranged, planned, and coordinated actions from the authorities. People are watching bro,you may think you are invisible but you are wrong.
It is wrong to steal from people and you have to face the consequences for doing so.
Remeber this, in this world there is no menu for Karma, you will get served with what you deserve.
Wait and see buddy, you cannot manipulate the system too long. They are still around because investors who have not received their payment do not want to say or do something to disturb the current situation.The members are still hopeful that their investment is safe.
But it won’ t be long as the investors are now, screwed left..right and centre without mercy. It is just a matter of time before these frustrated investors throng BNM to find a recourse.
It wont be very long buddy. When we told about FSPR, FMA and NZ company register, you guys insinuated and laughed at us..now wait and witness a jointly arranged, planned, and coordinated actions from the authorities. People are watching bro,you may think you are invisible but you are wrong.
It is wrong to steal from people and you have to face the consequences for doing so.
Remeber this, in this world there is no menu for Karma, you will get served with what you deserve.
- jaason benedict
Aug 24th, 2016 at 11:48 am jaason benedict(Q)
Aug 24th, 2016 at 11:48 am jaason benedict(Q)
- Yes, as Shah mentioned,a lot of them had stop "investing" already. Some top members stop get new investors since their "investors" did not get paid for months now.
Added with daily call from investor asking why they did not get their promised returns, we can see stress faces who were once so proud with the "System".
So, it is really a matter of time before the whole system collapsed. You can run now but you can’t hide forever.
Added with daily call from investor asking why they did not get their promised returns, we can see stress faces who were once so proud with the "System".
So, it is really a matter of time before the whole system collapsed. You can run now but you can’t hide forever.
- Aug 24th, 2016 at 4:30 pm (Q)
- I did invest a small amount in it because of pressure from my relatives but I never believed in it.
I don’t share the plan to anyone coz I don’t want to be in a place where my downlines call me everyday demanding their money back every month.
I feel that if my money lost , it is still ok, but if my downline money goes missing, then I can’t sleep well. I’m in the verge of withdrawing out all the money coz its too risky.
My senior members call me coward and not willing to believe and too sceptical. But I don’t actually care.
there is also a big annual dinner coming end of the month with grand prize of a luxury car. And the lucky draw is only for people who invested additional 10,000 USD. So we know where they get the money to buy the ‘grand prize’.
This scheme is actually paving way for a lot of other schemes in future. The worse things is a lot of people are falling for it…
The meaning of real business is gone, where you make money when there is a sales of service / product. Not by just putting in a robot to make money for you. If indeed there is such thing…
I don’t share the plan to anyone coz I don’t want to be in a place where my downlines call me everyday demanding their money back every month.
I feel that if my money lost , it is still ok, but if my downline money goes missing, then I can’t sleep well. I’m in the verge of withdrawing out all the money coz its too risky.
My senior members call me coward and not willing to believe and too sceptical. But I don’t actually care.
there is also a big annual dinner coming end of the month with grand prize of a luxury car. And the lucky draw is only for people who invested additional 10,000 USD. So we know where they get the money to buy the ‘grand prize’.
This scheme is actually paving way for a lot of other schemes in future. The worse things is a lot of people are falling for it…
The meaning of real business is gone, where you make money when there is a sales of service / product. Not by just putting in a robot to make money for you. If indeed there is such thing…
- Aug 24th, 2016 at 7:13 pm (Q)
- there is also a big annual dinner coming end of the month.
This is often a sign the end could be nigh, either by implosion or some outside means. Conventions are good signposts so take your money and run.
If your relatives or senior members pressure you to keep it there, tell them you will, on them submitting a signed statement to you that they will refund every cent you once it crashes.
This is often a sign the end could be nigh, either by implosion or some outside means. Conventions are good signposts so take your money and run.
If your relatives or senior members pressure you to keep it there, tell them you will, on them submitting a signed statement to you that they will refund every cent you once it crashes.
- jaason benedict
Aug 24th, 2016 at 8:47 pm jaason benedict(Q)
Aug 24th, 2016 at 8:47 pm jaason benedict(Q)
- There is no such robots that guarantee a 100% profit. The FXU system also mentioned that the so called broker is sharing the spread.
The only way a Forex broker (IMO) making money is from the spread. So, chances for them to share is very slim.
This FXU marketing plan was cleverly crafted to capture the souls of "educated" greedy professionals. Later, it go to mass through peers and relatives.
Once it breakdown, not only it will tear the unlucky persons’ finance but also relationships. Something bad waiting to explode.
As Shah mentioned before, this might be the biggest scam in the history of this country.
The only way a Forex broker (IMO) making money is from the spread. So, chances for them to share is very slim.
This FXU marketing plan was cleverly crafted to capture the souls of "educated" greedy professionals. Later, it go to mass through peers and relatives.
Once it breakdown, not only it will tear the unlucky persons’ finance but also relationships. Something bad waiting to explode.
As Shah mentioned before, this might be the biggest scam in the history of this country.
- Aug 25th, 2016 at 3:32 pm (Q)
- Now, withdrawal is fixed at 3.7 for those who wish to withdraw. Nice RIP OFF
All the best guys, very soon they will say the witdrawal is fixed at 1.00 at their own whims and fancies, so the only way out without losing is ACT NOW before it is too late.
All the best guys, very soon they will say the witdrawal is fixed at 1.00 at their own whims and fancies, so the only way out without losing is ACT NOW before it is too late.
- Jamal
Aug 26th, 2016 at 6:00 pm Jamal(Q)
Aug 26th, 2016 at 6:00 pm Jamal(Q)
- Dear Leaders & Agents….
Finally broker listen to MIB,IB’s & Mini IB’s challenges and come out for solutions….
Effective next week.Broker introducer new withdrawal system …
1) Ewallet open to agents…Meaning agent can transfer among agents..
Sell rate:- 4.2
Buy rate:- 3.7
This will give opportunity for leaders who have good cash flow to help their agents …
2) All agents direct withdraw from broker via Perfect Money or Bitcoin without any term & condition…
The system up to MIB,IB’s & Mini IB’s to implement with their own network..Once they enable the button agents no longer can withdraw from MIB, IB or Mini IB..
For more info kindly check with your respective IB, Mini IB or senior leaders..
Next Wednesday onward I will travel nationwide meet all group under every main leader to explain our current challenges with local authorities …
Sorry for all the inconvenience …
Thank you
Dr Moorthy
IB
Fx United
Finally broker listen to MIB,IB’s & Mini IB’s challenges and come out for solutions….
Effective next week.Broker introducer new withdrawal system …
1) Ewallet open to agents…Meaning agent can transfer among agents..
Sell rate:- 4.2
Buy rate:- 3.7
This will give opportunity for leaders who have good cash flow to help their agents …
2) All agents direct withdraw from broker via Perfect Money or Bitcoin without any term & condition…
The system up to MIB,IB’s & Mini IB’s to implement with their own network..Once they enable the button agents no longer can withdraw from MIB, IB or Mini IB..
For more info kindly check with your respective IB, Mini IB or senior leaders..
Next Wednesday onward I will travel nationwide meet all group under every main leader to explain our current challenges with local authorities …
Sorry for all the inconvenience …
Thank you
Dr Moorthy
IB
Fx United
- Jamal
Aug 26th, 2016 at 6:01 pm Jamal(Q)
Aug 26th, 2016 at 6:01 pm Jamal(Q)
- From fxunited leaders. They are in crisis now . Faster withdral your money begore to late:
Don’t get confuse or panic with above statements leaders…
All deposit and withdrawal under hierarchy Mini IB Nantha (The Young Millionaires) still process as usual…
So we gonna have more options for both deposit/withdrawal now…
1. IB withdrawal min usd30 and max usd1K per day.
2. Perfect Money deposit and withdrawal with no any condition.
3. Bitcoin deposit and withdrawal with no any condition.
Let’s Succeed Together for more success!!
Thank You.
Nantha
Mini IB FxUnited Msia
Don’t get confuse or panic with above statements leaders…
All deposit and withdrawal under hierarchy Mini IB Nantha (The Young Millionaires) still process as usual…
So we gonna have more options for both deposit/withdrawal now…
1. IB withdrawal min usd30 and max usd1K per day.
2. Perfect Money deposit and withdrawal with no any condition.
3. Bitcoin deposit and withdrawal with no any condition.
Let’s Succeed Together for more success!!
Thank You.
Nantha
Mini IB FxUnited Msia
- Aug 26th, 2016 at 6:14 pm (Q)
- Legitimate MLM opportunities don’t have withdrawal problems.
You sell a product, a commission is generated and you get paid.
You sell a product, a commission is generated and you get paid.
- Aug 26th, 2016 at 6:32 pm (Q)
- Excellent Tai Chi.
Anyway who is the broker? It is supposed to be UGHL New Zealand, since UGHL is defunct, the big question is, WHO IS THE BROKER NOW??What is the name of the broker?
Which broker are the depositors going to liaise for their transactions??
Challenges with the local authority??? What do you expect when you operate an illegitimate business. Do you think the authorities are mad to simply go around penalizing these kind of felony.
Finally, like what we said before- the collapse will be blamed entirely on Bank Negara Malaysia and their leaders will wash their hands. Remember the gold scheme, same excuse same modus operandi.
Nice game, let us see where all this drama leads to.
TO ALL THISE WHO STILL HAVE THEIR DEPOSITS IN THE COMPANY, ALL THE BEST.
Anyway who is the broker? It is supposed to be UGHL New Zealand, since UGHL is defunct, the big question is, WHO IS THE BROKER NOW??What is the name of the broker?
Which broker are the depositors going to liaise for their transactions??
Challenges with the local authority??? What do you expect when you operate an illegitimate business. Do you think the authorities are mad to simply go around penalizing these kind of felony.
Finally, like what we said before- the collapse will be blamed entirely on Bank Negara Malaysia and their leaders will wash their hands. Remember the gold scheme, same excuse same modus operandi.
Nice game, let us see where all this drama leads to.
TO ALL THISE WHO STILL HAVE THEIR DEPOSITS IN THE COMPANY, ALL THE BEST.
- K. Chang
Aug 26th, 2016 at 10:01 pm K. Chang(Q)
Aug 26th, 2016 at 10:01 pm K. Chang(Q)
- The very idea that a forex trading site would have money problem should sending doomsday alarm bells all over.
Either they were bleeding money like mad (if they are legitly trading with other people’s money, which is very bad) or they were not trading but instead be a ponzi scheme (like Bernie Madoff, even worse).
Either they were bleeding money like mad (if they are legitly trading with other people’s money, which is very bad) or they were not trading but instead be a ponzi scheme (like Bernie Madoff, even worse).
- Jamal
Aug 27th, 2016 at 10:58 am Jamal(Q)
Aug 27th, 2016 at 10:58 am Jamal(Q)
- Dear Leaders & Agents…
Kindly take note…
Effective from 1st Sept 2016. *India deposit via IB* only accept for *Winst Account*, *Standard Account & Premium Account*
CGAT Account agents need deposit direct to broker via Bitcoin or Perfect Money…
This changes due to prevent huge volume transaction with local bank with trigger Reserved Bank Of India (RBI) & may effect our long term business opportunity at India…
Sorry for the inconvenience …
Thank you
Saravanan
IB India
Co Founder
Fx Action Team India
Kindly take note…
Effective from 1st Sept 2016. *India deposit via IB* only accept for *Winst Account*, *Standard Account & Premium Account*
CGAT Account agents need deposit direct to broker via Bitcoin or Perfect Money…
This changes due to prevent huge volume transaction with local bank with trigger Reserved Bank Of India (RBI) & may effect our long term business opportunity at India…
Sorry for the inconvenience …
Thank you
Saravanan
IB India
Co Founder
Fx Action Team India
- Aug 27th, 2016 at 2:40 pm (Q)
- Saw this in one of the FXu facebook..a complain by:
Adrian Paul ….
Many investors under Dato Raja have not been paid since 1 Aug 2016. I also heard some have asked for withdrawal of their capital from FX United 2 months ago but still have not received their money.
There is also 1 Mini IB who ran away with investors money. What is happening to FX United? Its getting worse and worse since June 2016.
Do you have any info Fx United Malaysia? This is not just IB problem. It is FX United problem. The problems are slowly spreading from 1 IB to another IB.
Aug 26, 2016
So the shit has started hitting the fan..just like how it was predicted..
Adrian Paul ….
Many investors under Dato Raja have not been paid since 1 Aug 2016. I also heard some have asked for withdrawal of their capital from FX United 2 months ago but still have not received their money.
There is also 1 Mini IB who ran away with investors money. What is happening to FX United? Its getting worse and worse since June 2016.
Do you have any info Fx United Malaysia? This is not just IB problem. It is FX United problem. The problems are slowly spreading from 1 IB to another IB.
Aug 26, 2016
So the shit has started hitting the fan..just like how it was predicted..
- Aug 27th, 2016 at 3:22 pm (Q)
- Adrian Paul,
If you happen to come to behindmlm.com please take note that FXU is an entity or a platform created to run a ponzi scheme via an integrated and sophisticated software and online system.
If it is really a case of forex trading, no human in their right mind will guarantee a 12% return per month.If they can payout 12% monthly, FXU might as well take a loan and generate returns and keep the profit all for themselves.
Anyway, whois the mini IB that you are referring, that ran away with depositors money?
Dear depositors, the only choice you have is REDEEM ALL YOUR MONEY AND GET THE HELL OUT OF THE PYRAMID BEFORE IT COLLAPSES COMPLETELY, IT IS ALREADY CRACKING!!
One more thing Adrian, did you hear that millions are spent by the leaders to buy property in Australia.. I believe they are stacking their loots in Australia.
If you happen to come to behindmlm.com please take note that FXU is an entity or a platform created to run a ponzi scheme via an integrated and sophisticated software and online system.
If it is really a case of forex trading, no human in their right mind will guarantee a 12% return per month.If they can payout 12% monthly, FXU might as well take a loan and generate returns and keep the profit all for themselves.
Anyway, whois the mini IB that you are referring, that ran away with depositors money?
Dear depositors, the only choice you have is REDEEM ALL YOUR MONEY AND GET THE HELL OUT OF THE PYRAMID BEFORE IT COLLAPSES COMPLETELY, IT IS ALREADY CRACKING!!
One more thing Adrian, did you hear that millions are spent by the leaders to buy property in Australia.. I believe they are stacking their loots in Australia.
- Scam buster
Aug 28th, 2016 at 4:52 am Scam buster(Q)
Aug 28th, 2016 at 4:52 am Scam buster(Q)
- When this matter reaches a more solid resolution where authorities have taken action, a case is filed & the hidden higher ups have been identified, I may be able to contribute some very insightful information that could hammer the nail into the coffin.
This scam has been operating for a few years and it’s been allowed to flourish this long a period of time, only suggests that there are very powerful people in on it. This is Malaysia were talking about, let us not forget.
There will be those that were too naive & blind that will be taking the fall, but the real master minds & co-conspirators may never be revealed & or even convicted.
This is why such scams will never be fully eradicated in Malaysia. I foresee scape goats & lots of people that have already lost their investments by even jumping in on it in the first place.
End of the day you cannot stop these scams because there will always be people gullible, greedy and not wise enough to fall for it. Scams will continue as usual because Malaysians are one of the easiest people to fall for scams. This is a statistical fact.
Do you even think the names of the IB’s are their real names? If so why would they so publicly expose their faces?
I’m very sure the mini IB’s are the ones set up to take the fall. It is they that convince their circle of friends & family to get in on it.
It is they that will have to face the backlash, as they were too blinded by greed to even notice how they were filling the pockets of their bosses & being set up to take the fall, poor basterds.
This scam has been operating for a few years and it’s been allowed to flourish this long a period of time, only suggests that there are very powerful people in on it. This is Malaysia were talking about, let us not forget.
There will be those that were too naive & blind that will be taking the fall, but the real master minds & co-conspirators may never be revealed & or even convicted.
This is why such scams will never be fully eradicated in Malaysia. I foresee scape goats & lots of people that have already lost their investments by even jumping in on it in the first place.
End of the day you cannot stop these scams because there will always be people gullible, greedy and not wise enough to fall for it. Scams will continue as usual because Malaysians are one of the easiest people to fall for scams. This is a statistical fact.
Do you even think the names of the IB’s are their real names? If so why would they so publicly expose their faces?
I’m very sure the mini IB’s are the ones set up to take the fall. It is they that convince their circle of friends & family to get in on it.
It is they that will have to face the backlash, as they were too blinded by greed to even notice how they were filling the pockets of their bosses & being set up to take the fall, poor basterds.
- jaason benedict
Aug 28th, 2016 at 8:53 am jaason benedict(Q)
Aug 28th, 2016 at 8:53 am jaason benedict(Q)
- As Scam buster said, Malaysia is a fertilize ground for scam. Just wonder how many scams are there starting by days.
Now there that diversified it even more. There are some "Tycoon Millionaire – main kutu type, Online Education with own URL (heard it is only one month old), Gold scams and etc.
Wonder why Malaysian easily fall to these type of ponzi scams.
Anyway, as long people are greedy and obese with easy money making attitude these scams will flourish in years to come.
Now there that diversified it even more. There are some "Tycoon Millionaire – main kutu type, Online Education with own URL (heard it is only one month old), Gold scams and etc.
Wonder why Malaysian easily fall to these type of ponzi scams.
Anyway, as long people are greedy and obese with easy money making attitude these scams will flourish in years to come.
- romeo PH
Aug 31st, 2016 at 9:05 am romeo PH(Q)
Aug 31st, 2016 at 9:05 am romeo PH(Q)
- Do anybody can update what is happening FXU?
Recently my friend complain that he is facing a lot problem related to money transection. he request for withdrawal from E-wallet it has been rejected and advised withdraw from prefect money.
He did as instructed but the prefect money is not approve until 14 business days till to date is unknown.
Contacted Philippine regional office by sending a ticket the reply is it is only taking 5 to 7 business days for approval. furthermore he wanted to withdrawal capital amount. do any one can advise.
Recently my friend complain that he is facing a lot problem related to money transection. he request for withdrawal from E-wallet it has been rejected and advised withdraw from prefect money.
He did as instructed but the prefect money is not approve until 14 business days till to date is unknown.
Contacted Philippine regional office by sending a ticket the reply is it is only taking 5 to 7 business days for approval. furthermore he wanted to withdrawal capital amount. do any one can advise.
- Aug 31st, 2016 at 9:19 am (Q)
- do any one can advise.
Ponzi scheme runs out of money and your friend realizes he’s been scammed.
Malaysia is pretty slack on regulation so don’t expect much help from the government.
Ponzi scheme runs out of money and your friend realizes he’s been scammed.
Malaysia is pretty slack on regulation so don’t expect much help from the government.
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