Forexscam2's Weblog

Reviews about The Fake Marriage

forexscam2 — Tue, 25 Mar 2008 19:41:59 +0000

11/5/07 – Our company just received a threatening email from Dmitri Chavkerov saying he will call the FBI and Police on our Operating Manager and Dmitri showed that he posessed his Home Address and Social Security Number which he threatened to post this outdated info on his fake review site Forexbastards.com …. Our Members and Managers are well insulated from this Pig11/6/07 – We will be launching a new site Forexscammer.com it will be a site maintained by traders with the goal of debunking what is in our opinion false claims and bogus signal service, IB relationships and manipulated ratings system..12/11/07 – We posted Official US Government Record and PDF of Complaint by the Government of Dmitri Chavkerov being busted on November 30, 2007 along with girlfriend Yuliya Kalinina also we noticed on Dmitri’s forum his posters are complaining about him not being around and on a supposed over extended vacation, we as well noticed that a post on his forum made by “Heinz” was censored by “ADMIN” in his post he had a link to this page.12/12/07 – It appers Dmitri is up to his little tricks again apperantly he is posting on his forum under a different name (Upright Pip) that we are a scam and somehow connected to Centralpips.com I challange him or anyone else to find any connection with our Company and that company (Centralpips), you will not find one…… here is a quote from an email we recieved from him ” 6. Your business. I’ll be quite frank with you. I have some information to believe that you were behind centralpips.com, which was a scam, but I am definitely not sure about it.”The problem, is that he will not show what this so called information is. So Dmitri why don’t you please show the world this information?12/26/07 – Just put a new link up above titled “What Happened to Felix Homogratus?” when reading this something stood out in this article and it was the statement – (“It’s sad too that anyone who speaks out against Felix by posting an opinion of his services online gets greeted with emails of how the FBI is going to come and get them.”) – because oddly enough this is what he did to us threatening to phone the FBI if and local Police if we received one negative review on his Fake Review site.

The Fake Marriage between Felix & Yuliya

forexscam2 — Tue, 25 Mar 2008 19:38:00 +0000

A Russian woman blatantly stated her objective in her postings. Her lawyer says she didn’t know such marriages were illegal.When 24-year-old Yuliya Kalinina turned to the Internet in search of a husband, she made it absolutely clear what she was looking for in a relationship:

“Green Card Marriage — Will pay $300/month. Total $15, 000,” the Russian national living in Los Angeles wrote in an ad placed on the Craigslist website. “This is strictly platonic business offer, sex not involved.” Just in case any would-be Romeos weren’t taking the hint, she added, “NOT required to live together.”

Kalinina’s direct approach was very attractive, drawing the attention not only of the man who would marry her, but also of agents from U.S. Immigration and Customs Enforcement.

After nearly two years of what federal prosecutors allege was a sham marriage, Kalinina and her 30-year-old husband, Benjamin C. Adams, were arrested last week at separate residences.

Prosecutors say Kalinina leased Adams a new Ford Mustang for his trouble.

She also took care of the wedding arrangements: Performing the ceremony was Dmitri Chavkerov, an Internet-ordained minister who also happened to be Kalinina’s live-in boyfriend.

“I’d say it’s a fairly blatant example of marriage fraud,” said Assistant U.S. Atty. Curtis A. Kin, one of the prosecutors on the case.

Robert Schoch, special agent in charge of ICE investigations in Los Angeles, said it was the first criminal case he was aware of in which people had allegedly used the Internet to engineer a fraudulent marriage in hopes of obtaining a green card.

According to a criminal complaint filed in U.S. District Court in Los Angeles, Kalinina began advertising in the personal ads section of Craigslist in October 2005.

She posted at least eight ads, most of them titled “Green Card Marriage — Will pay $300/month. Total $15,000.”

According to the court papers, ICE agents also obtained e-mails from Kalinina’s Google account in which she and Adams discussed their potential marriage.

“How long does it have to last for?” Adams allegedly asked, according to a Jan. 9, 2006, e-mail.

“Marriage will take 2-3 years (most likely 2),” Kalinina responded.

Adams then told Kalinina that he had bad credit and suggested she lease a car for him in exchange for agreeing to marry her, the complaint alleges. The two were married Feb. 17, 2006.

A month later, Kalinina leased Adams a 2006 Ford Mustang, the documents state. That April, the couple filed paperwork seeking to establish permanent residency for Kalinina.

When confronted by ICE agent’s months later, the documents state, Kalinina and her boyfriend — the man who performed the marriage ceremony — admitted that the marriage to Adams was a fraud intended to obtain a green card. Marrying her boyfriend would have done nothing to help her immigration status, because he is in the country illegally.

Attorney Dale Rubin, who is representing Kalinina, said his client has a pending asylum application but was concerned that it wouldn’t be granted before she was due to leave the country.

He said Kalinina didn’t know it was illegal to marry for a green card, which he said was evidenced by the blatant language in her ads.

“For some reason, if you’re from Russia, you think the way to get around a problem is to throw money at it,” he said.

History Felix Homogratus aka Dmiti

forexscam2 — Tue, 25 Mar 2008 19:36:12 +0000

Felix Homogratus = Dmitri Chavkerov The both are one character & that give us a signal that he is escaping from his real name for some purposes may be arrested by his old name, to be able to gain money again he must change his real name to be Felix HomogratusThe bulletin boards have been awash with tales of the self-labeled Felix Homogratus, Felix the Bastard, but whose real name is Dmitri Chavkerov. Dmitri Chavkerov has been busted by I.C.E Agents on 11/30/07
He is also not an American Citizen He is Russian United States District Court DocumentsBelow is the actual Governments complaint against Dmitri’s girlfriend Yuliya M. Kalinina note in the interview she admits he is not a U.S citizen, and in his interview (pg-12) he admits he had knowledge of and willingly took part in this FRAUD against the United States of America.Also note that Dmitri is not the big shot Forex Mogul he tries to make everyone believe he is, he runs his little operation from the coffee table of his law breaking girlfriend’s apartment. I’m sure that you are surprised now like me but after showing you my evidence there will not be any suddenly surprise Official Criminal Complaint Documents (PDF) - Case NO 07-1636M-1Press Release- Busted in Marina Del Rey, CA for Marriage FraudCNN VIDEO - CNN Story On Just How Foolish They WereL.A Times Story - About Dmitri and Yuliya’s Fraudulent Scheme

Robert Grespi Has No Mercy

forexscam2 — Tue, 25 Mar 2008 19:33:34 +0000

Thank you for visiting my blog that will move your thinking directions to some realities in the web known by small number of people. My mission is to provide you with my story that will prevent other people from being trapped like me.I was trading in Forex market since 1999 & at this time there wasn’t too much brokerage firms like now. I heard about Introducing broker called Robert Grespi & I picked his telephone, I called him & we arranged meeting in his company but he surprised me when I went there that I smelt drugs in his office !!!!I Ignored & he was talking with me so professionally that lead me to trust him & the company & I bought from them signals, then he followed up with me friendly to see the effect of the signals but each time when I say that I’m losing the respond was that you need a new course in Forex !!!I was losing money for 2 months & he still saying you need Forex course I left him after many disputes between me & him because of losing my money & time, doing fake trading strategies developed by him.At Feb 2000 while I was reading news paper I found his photo in a topic, it was big surprise for me to see that FBI investigating with him & all his capital was reserved.

Currency scam: FBI arrests 48 Forex brokers & ForexPeaceArmy

forexscam2 — Tue, 25 Mar 2008 19:32:27 +0000

January 19, 2008 18:47 IST
Federal Bureau of Investigation agents on Tuesday arrested 48 foreign exchange brokers & Felix Homogratus the owner of forexpeacearmy in connection with a probe into securities and currency fraud, according to a CNN/Money report.
The FBI swarmed on New York City’s Two World Financial Center shortly after 3 p.m. ET and took away the traders in handcuffs, people on the scene told CNNfn.The building is mainly occupied by Wall Street brokerage Merrill Lynch, but Merrill Lynch was not home to the arrested brokers, CNN/Money said. “It’s currency fraud, securities fraud,” an agent at the scene of the arrests said. FBI sources told CNN/Money that the Wall Street traders will be charged with swindling retail investors of an undisclosed amount of cash over the past year.
NBC reported the defendants scammed retail investors into thinking they were buying multimillion-dollar foreign exchange trades when it is not possible for those types of investors to participate in such deals. Among those arrested were three brokers at the inter-dealer brokerage ICAP. Seven employees of Madison Deane and Associates Inc were also arrested, CNN/Money added. At least two other firms were involved, sources said, adding none of the companies targeted were household names outside of the securities industry but are well known and regarded in the Wall Street community.

Terrorists On Wall Street

forexscam2 — Tue, 25 Mar 2008 19:31:45 +0000

There is a great deal of fraud in the Forex market, so it would wise for the new forex investor to check out the broker thoroughly. Other good ways of checking a broker is by talking to other Forex traders through the many forums dedicated to foreign exchange.Otherwise, it would be difficult to check the background of the broker, and little one can do if the broker turns out to be less than honest .The funds of most Forex brokers are not guaranteed, nor are they segregated from the funds of the firm. If the firm goes bankrupt, you will probably be just a general creditor, and may not get all, or any, of your money back. No government organization guarantees the funds, unlike the funds in a bank account or a stock brokerage account.
Don’t Trust who make reviews for brokers because most of them take money from scam brokers to add them as stars Example: ForexBastards, forexpeacearmy, forexdiamondFelix Homogratus or Dmitri Chavkerov is the owner of Felix peace Army who send many threats to brokers & many other provocations to make them pay money for avoiding fake scams to be made by him.
He is doing that & attracting traders by sending signals to them
All The signals are wrong 100% to make them lose their money with brokers to find more complaints about brokers & the game is begin So fare a battle between Felix & brokers.
Felix owns many fake brokerage firms; Felix was in the jail for more than 7 years FBI investigated with him & all his capital was reserved He made a fake marriage contract He is not American CitizenMany & many & more if you searched for Forex scams if you need to gather more information about how they do business, are they readily available to answer questions, or resolve complaints. You can do this by reading what they have on their website, and by calling them on the telephone to see how quickly and how well they respond, or getting advice from the many chat rooms about Forex, including those provided by the broker. Although almost all Forex trading is done over the Internet nowadays, sometimes Internet connections don’t work, or the company’s trading platform isn’t working the way it should or the way you think it should, so it is very important that they also provide telephone service.
The most important criteria in selecting a Forex broker after assuring your self that they are reputable brokers is the trading platform, the currency pairs offered, and the spread, the difference between the bid/ask prices, which is how the Forex broker is compensated, and the best way to judge these criteria is to open practice accounts with several brokers, which most offer, and trade for about a month in each account. Practice accounts allow you to trade Forex using live market data and using the company’s software, but without using actual money. You must remember that when you place an order with the broker, your order cannot be seen by anyone else other than your broker—not even other brokers. All of your transactions are with the broker—not other traders; the broker develops the trading software, or, at least customizes it, you can be restricted from doing certain things that you might be accustomed to doing with stocks, for instance.
A good way to compare actual trading is to open real mini-accounts with several brokers. Because mini-accounts require very small deposits to open, most people should have no problem opening several accounts to see what their actual profits and losses are, broker fees, and responsiveness. This also helps if one of the brokers goes bankrupt. At least you won’t lose all of your money because you placed it with one broker. Despite many brokers claims to the contrary, trading foreign exchange successfully is not an easy thing to do. Forex trading is at best a risky business and at worst, a scammer’s dreams come true. As a general rule, it is best to avoid any companies claiming that Forex trading is easy, guarantees results or encourages you to make small deposits and use high leverages. Regardless of how well educated you are, investing a small sum in FX trading is likely to end in losses.
Some recent scammers who have been caught include: Lake Shore Asset Management, Forexbastards, ForexPeaceArmy, Felix Homogratus, Lake Dow and Ty Edwards, Ben Ouyang, Rashid Ghafoor, Adam, Tahir, Emerald Worldwide Holdings, Foreign Fund (First Bank), Equity Financial, Shasta, or Tech Traders,IBS/IMC, Kevin J. Steele Nawab Ali Khan Ali,Sun Platinum Worldwide Commodity orporation Graystone Browne Financial,Sterling Trading Group, Inc,STG Global Trading or QIX, Inc.A broker must be registered and reputable since there are innumerable scams involving Forex investment.

Cases of Felix Homogratus | Forex Bastards

forexscam2 — Tue, 25 Mar 2008 19:30:51 +0000

They promote their signal service, fooling novice Forex traders to count on them in trading the news. they have caused hundreds of people to lose big money. They even dare to promise you if you lose that they can blackmail the broker to get you your money back. They have done that several times and we have seen traders burned by their flames, and they try to flame brokers too, some times succeed and others not.

Google for Felix combined with Oanda, Interbanfx, FXCM, Forex.com, and any broker of your choice, you will see their scams, a replica used with tens of brokers over the past 3 years, and the victims, hundreds of traders who get broke. See what I found about those bunches of crooks on the web, and don’t ask me, I have been also burned by these thieves.
The email sent by Felix the bastard: “Hi there one of my full time Forex trading buddies just had a serious problem happen.

He had an account with http://www.interbankfx.com/ with $620,000 of real money in it. They went through some “technical difficulties”, executed a bunch of trades that he didn’t execute, margin called him, e.t.c. Long story short, lost him $280,000 in a matter of days, because of “technical difficulties”. Then he spoke to the CEO of the company, who shook his hand, admitted that these were indeed technical difficulties, and he would take care of him.

Now, they are dropping the ball on him, saying that he is a beginner trader, and it was all his fault…I mean these guys opened some trades while this guy was out of town! Having this website, I get a bunch of different complaining emails from people, and obviously I usually don’t email about people’s problems to you. But in all honesty, I know this guy very well personally, I’ve seen his account statements, and I know he is not bullshitting me. I mean this guy was making hundreds of thousands in Forex, while I was still in high school, and didn’t even know what the word Forex meant. And by the way, it’s not Tom or Rob…it’s somebody else. Here is the real reason why I am emailing you. This guy has a lawsuit going against Interbank FX right now, he already has a federal attorney involved, and he is trying to shut these suckers down, in addition to getting some of his money back.

If you had an account with Interbank FX, and you also feel you got “screwed” by them, then perhaps you could add yourself to the lawsuit, and recover some of your losses, and put an extra complaint against them to get them shut down. If you want to get involved in this or have some other helpful information for my friend, please don’t respond to this email, instead send an email with your story to interbankfxfraud@forexbastards.com To Our Success! -Felix Homogratus” Posted by Greenfield (Member # 2533) on June 20, 2006 02:45 PMJune 20, 2006 02:45 PM: So now we hear from both sides, let us think about it, make good judgment, and do further research if we have to. Know the truth and the truth will set you free.

Here is the email I got from Interbanfx:
Hello Mr. Chang, I appreciate your comments and we have to say that we are saddened by the potential impact that lies and rumors can cause. To help you help us to combat these types of deceptions, we are providing you additional details which you can distribute. They are a summary of a 6 page response letter which was sent to Cash monsters clients. Warm regards, Javier H. Paz Institutional Sales Director A reckless and unprincipled trader named Carlos Roman, of Cashmonsterz, has apparently asked his buddy Dmitri (Felix) of http://www.forexbastards.com/ to defame Interbank FX. Carlos turned $370,000 into a $100,000 master account in a matter of days. His approach to trading was to max out the available margin of the master, to close the positive side of trades and let the open losses ride with the hope that the market would turn around.
In sideways markets this approach might work many times, but on May 11 and 12 the British pound trended on a big way and touched 1.9000, forcing him to place a hedge 600 pips wide! After that point, the sub-accounts were on intensive care. He called multiple times asking us to cancel the trades with the promise of bringing more clients to us. We told him we couldn’t do this for him. To complicate matters further, he changed Pamm settings an average of once a day and kept on trading aggressively taking many accounts to a margin call situation. The more he changed the Pamm settings, the more difficult it was to perfectly hedge open positions. Throughout this period, Interbank FX tried all within its power to make sure that subaccounts were hedged, but things evolved to a point were several subaccounts could no longer be hedged because they had fallen below the 100% margin level. Posted by stevegee58 (Member # 4086) on June 20, 2006 03:01 PMJune 20, 2006 03:01 PM My god. If I’d been pushing trades with my *own* money to the max like that I’d be sh1tting my pants. If it was other people’s money, I’d jump out a freaking window if I wasn’t dead from a coronary already. Posted by Fisher King (Member # 3924) on June 20, 2006 03:05 PMJune 20, 2006 03:05 PM: I’m going to have to believe Interbanfx on this one.
Posted by Piprider (Member # 4331) on June 20, 2006 03:24 PMJune 20, 2006 03:24 PM: I will believe interbank fx too. It looks like Mr. D u m b A s s was good enough to attract money from clients – good enough to feel it is a marketable enough skill to offer it in trade for having his dealer take the losses of the positions he accumulated but with money management skills equivalent to those of Danielgsx.
Then, he tries to mitigate the damage by trying to play on the public opinion’s general distrust of market makers. He should have partnered up with someone who can really trade and relegated himself solely to the solicitation of funds from clients. Instead, he took everyone to the crapper at light speed. Posted by Orlando FlyBoy (Member # 3974) on June 21, 2006 10:20 AMJune 21, 2006 10:20 AM: Well, I don’t get it. It appears that they are talking about two different things, but making it sound like the same thing. Was this a platform error that executed trades by itself, a newbie trader that traded badly, a managed account where the “manager” traded badly (without the account holder’s permission, or against the wishes of how the account would be traded), or Interbank FX hedging that went haywire? Someone make it clear exactly what happened, in order, so that it is clear what the complaint is Posted by mobbbb (Member # 7422) on June 21, 2006 10:25 AMJune 21, 2006 10:25 AM: Maybe a gohst entered the trades and then vanished while the asset manager was gone ? Posted by PIPCANADA26 (Member # 9133) on July 12, 2006 06:28 AMJuly 12, 2006 06:28 AM: I went to a conference provided by Interbank here in Canada and by the way some people mention this topic and the representative from Interbanfx did say The CEO Crosland was going to reimburse Cash monsters Investors For this failures.
I wonder the same why Interbank doesn’t just sue Cash monsters? legally who can prove the truth will win but by the way, then if Cash monsters is right then they could squiz the big bucks from Interbank for defamation if they have a failure that causes those losses and more than that for revaling the traders name. Was a bit impossible for me to believe that a serious company can have such failure in their software but when I saw this letter from this executive Paz I understood must be right, when you don’t have nothing to excuse you just have to be quiet, why then give explanations? When people asked what this PAMM in question is they explained works for Percentage Allocation Money Manager is used for professional traders who manage several accounts you can set to distribute by percentage or by lots, usually they said you set it once and never again. Paz mentions in his post Cashmonsters Trader Changed the Pamm every day. I want to believe that but I can’t. Reason Simply.
when another assistant to this seminar asked why a trader would want to change every day the pamm settings he just said. “I don’t know” again, I’m a lawyer and that for me indicates a lie. In the other hand I asked what “hedge” term means and found that is short and long the same currency in the same account then this phrase make no sense from Interbank: “May 11 and 12 the British pound trended on a big way and touched 1.9000, forcing him to place a hedge 600 pips wide” Nobody gets forced to do nothing in Forex markets at least not even a new trader places a trade being forced by a Jedi Mind.
Making math 1.9000 – 600 pips= 1.8300 here is my Idea if this guy cash monster is as good as everybody claim he was going to get not only those 600 pips back but maybe another 120 total 720 profit on the short side from the hedge, maybe such big earnings from Cashmonsters are not convenient from a company as Interbank plus trading with 620k I believe then is not hard to duplicate or triplicate an account. (I saw the pound as Paz Mentioned in his post and it went down to 1.8085 from 1.9000 that he claim is the top of the problem) As A lawyer I can say that if Interbank is right they can file a federal law suit against cash monsters where they just need to proof they trade trying to loose money.
The problem for Interbank is that as far as I can see Cashmonters has not made any comments or post as Interbank do a self defense. They can not then complain Defamation. Here the Note from Zelli is good idea record your calls but that is illegal so wont be valid unless both sides agreed that both are being recorded. Then if interbank has Cashmonsters calls recorded they will win this case. I would love to hear Cashmonsters begging with the promises of more clients but I guess we wont see that. I wont open my possible self traded account with Interbank anymore and I wont open a managed account with Cashmonsters I would love to see who lies and who is honest but I want to trade I will open my account with Oanda and another one with FXSOL. Any comments about FXSOL will be truly appreciated. Cashmonsters is famous for aggressive trading then 600 pips in question should be piece of cake for an aggressive trader, Interbank is famous for the 2 pips of spread and now for revealing names. I wonder then If Interbank detected a bad trader placing crazy trades why they just did not stop or block his trading screen? Interbank make money for every trade trough the spread. I do not need to conclude then more. Looking then at Cashmonsters side, Defamation if Interbank is proven wrong can be a big problem for this company. They made public the name of the trader. Reason for which I would not open my account with Interbank Even if I was happy with what this guys proposed in this seminar here in Canada. Why? well I consider that they fail in the “discretionary code” that every company should have. and by the way is included at Interbanks agreement, another reason for me to give a point to Cashmonsters. And Finally and to conclude, when the representative from Interbank at the seminar mention that Crosland CEO from Interbak was going to reimburse the Investors that ringed my Lawyer heart. this CEO is smart who will want to have a bunch of complains at the NFA, CFTC and a pissed Trader claiming big bucks for defamation? what’s the amount in the middle? 620k I guess that is piece of cake for Interbank to cover and avoid “interbank” as a post in Oandas Forum. Nothing more disturbing. 2 great firms now full of dirt who will get clean? I don’t know and I don’t care I will trade at Oanda and FXSOL myself.

1.Felix Homogratus AKA “DIMITRI”, Rob Grespi the owners of http://www.forexbastards.com/ are always looking to make quick money from the novice traders by hiding under the entity of http://www.forexbastards.com/ and similar sites and using it to publish public opinions about respectable brokerage firms whom they are considering as competitors do not get fooled by theses scammers because this is the only way they can pay their bills, their victims are every where (you have been warned)!!!! They have a whole scam section every where just start searching about them on the web and you will be amazed

2. Felix Homogratus, Rob Grespi AKA “DIMITRI” the owners of http://www.forexbastards.com/ are big scammers many people have bought their stupid http://www.forexfreedom.com/ system and it was a major scam these guys are fools they have copied and pasted some crap into their claimed system and selling it to novice traders and make quick money from them. Do not go near them.

3. We know you are a major scam Felix!!! The words spreading like fire you and your http://www.forexbastards.com/ can not hide any more

4. This is what I found out about this “FELIX” http://www.forexbastards.com/ SCAMMER GUY looks like he is leaving a trail of destruction every where he goes the list of victims is growing its staggering. It’s nice to see his victims unite to inform the public about this PROFFESSIONAL SCAMMER!!!!!SITES WITH COMPLAINT ON THIS GUYhttp://www.felixbastard.com/http://www.peterbainscam.com/http://www.setbb.com/forexjudge/http://www.talkgold.com/forum/r107900-.html HIS GROWING LIST OF SCAM JUNK SITES.http://www.forexfreedom.com/http://www.kingofforexsignal.com/ http://www.forexbastards.com/

5. Hi guys I love your creative post! I USED TO BE a client of Dimitri or Felix the liar at http://www.forexbastards.com/ . And this guy is a total scam his system is garbage, after using his bogus chat room and signals! “now” I understand why he lost his trading account and money. He has a real conflict of interest going there he calls all of his competitors scams. Just so he can promote his garbage. I lost a lot of money following his advice a few thousandStay away from his bogus news trading and stupid alert service. They all lose money. I subscribed with one of the people he called a scam and they turned out to be very profitable. And I even submitted a positive testimonial for http://www.fxringleader.com/ & winningtraderassociation and it never made it. !!!! Hummm I guess felix is a scum bag snake oil scammer / con artist.

6. I lost money on this http://www.kingforexsignal.com/ and that stupid http://www.freedomforex.com/ promoted by http://www.forexbastards.com/ 7. This scam artist Felix AKA Dimitri always says that “If you were scammed by these people, please write to me, and I will help you get your money back” what this snack means I WILL STEAL YOUR MONEY!!!! Be warned guys never go near him of his http://www.forexbastards.com/ scam

Disturbing Forex Market

forexscam2 — Tue, 25 Mar 2008 19:29:39 +0000

There is no doubt that if you are a trader in the Forex Market, you will be much concerned with Forex Market’s stability and conditions. There are many factors that cause Forex Market’s inclination. First, there are Forex enemies who intend to speak bad mouth about some brokers in order to abuse their reputation, and make them lose traders as well. They usually claim that these brokers are scammers.They also send certain traders to some brokers in order to make problems with these brokers. These traders tend to cause troubles either by trading wrongly or by stealing money and cause these brokers’ loss like Adam Pecherski.Moreover, some of those Forex enemies, who are actually owners of Brokerage Firms, provide traders with wrong signals which consequently cause traders’ loss. Eventually, those traders will become afraid of trading in Forex and will lose trustworthy in any broker, especially those whom they dealt with.Besides, there is a technical way (a devilish one) that causes a drawback in the brokers’ trade system. It is by developing fake software as an expert adviser, this automation system claims trader’s profit without doing much effort. Actually this technique was used by Tahir Saeed as well as others.In addition, some of those enemies steal brokers’ platforms and sell them under their names, which is not in their rightful possession. It is like stealing some other’s effort and contends it to be yours.Also some of them intend establishing bad reputation for good brokers inside their own websites, so that traders and visitors to this website will see these indictments of the brokers, and as a result will keep away from them.On the other hand, those enemies spam the Forex Forums with wrong reviews about brokers to convince people of their bad business to keep them away from these brokers and cause their loss, as Rashid Ghafoor did.All these factors cause Forex Market declension and make it fall gradually, and consequently if this continues to happen Forex Market will vanish one day.There is something called Product Life Cycle It consists of three levels1- Ascending: In which the volume of the transactions that achieved in Forex Market are increasing [From 1.9 Trillion $ to be 3 Trillion dollars]2- Constant: in which the Forex Market will be fixed for a period of time at a specific level 3- Descending: in which the volume of transactions achieved will be decreasing till it reach a New Product Life Cycle & so on.Those Firms, Traders, brokers & associations like ForexPeaceArmy are helping in the declination in the trend of Forex Market at all.As we see in the following period too, many traders lost their money & afraid to open accounts again even if it is with his brother’s broker.

History of Rashid Ghafoor | Scam Warning for Brokers

forexscam2 — Tue, 25 Mar 2008 19:25:50 +0000

Being once a Forex trader you will meet many problems concerning the trustworthy of the broker you are dealing with. Unfortunately there are people who use this point to attack well-guaranteed brokers with. I’m going to show you what I’ve found after my search, for this issue concerns me a lot because I used to be a trader in Forex Market for 6 years and then I became to be IB with one of the greatest brokers in Forex Market, and I have passed through problems very similar to this.During my Forex activity I have seen many swindlers whose target is to steal money but by cheating. One of them is called Rashid, he is Algerian but lives in US. His work concentrated on opening accounts and operating it with Automated Expert Advisers in order to ensure his profit. He cheated many brokers and took money not of his rightful possession. Cases:- Claiming big withdrawal twice times & saying that the 1^st one didn’t arrive (By participation with his bank)- Threatening The brokers - Brokers’ Provocation is his job- Hacking the mails of customer services & send Factious mails to clients - Hacking Credit cards through ATMs of Banks - Saying bad mouth about brokers to make them lose their reputation- Allegation that he is introducing broker for AC-Markets, FXCM, FXDD, Interbanfx, MIG investment, Gain Capital- Exporting Drugs to the Middle East The last crimes done through Rashid’s business that he is participating in blue jobs in the Middle East (This is against Arab League’s law), for that Rashid has been arrested by FBI after investigating with him for trading in Drugs and Blue Jobs.

Hello world!

forexscam2 — Tue, 25 Mar 2008 19:21:56 +0000

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