Rapid Forex Scam Watch Gets Your Money Back
When Rapid Forex relaunched as a blog on February 21st, I got several emails that I haven’t had a way to deal with…
Until Now!
Many of the rapid forex blog readers have been telling me that there are hundreds of forex scams out there. To help expose these online forex trading scams, I’ve created a new blog feature, The Rapid Forex Scam Watch.
From this point forward, I’ll be monitoring the Internet for reports of fake forex trading courses, fradulent forex investment schemes, and just down right forex rip-offs.
I’ve seen some of these forex trading scams circulating online, but now I’m going to help to prevent you & others from being burned.
4 Benefits of Blogging About Online Forex Trading Scams:
- Pressure will be put on the forex scam to refund money to victims.
- The forex scammer will be forced out of business.
- Forex traders will be warned to avoid the forex scammer.
- Traders who have been scammed will have a place to report their grievances.
Of course I’ll also be sharing the very best resources with you on the rapid forex blog as well.
Rapid Forex Scam Watch Begins With You
I’ve already found a few Forex scams, which I’ll be reporting in the new Rapid Forex Scam Watch section of this blog. But rather than just picking an anonymous scam out of thin air (there are many), I wanted it to be more personal.
Here’s what I need you to do:
- Report any forex trading website that’s scammed you out of money.
- Explain how they scammed you (i.e. why you think they are a scam).
- Post your grievance as a comment to this blog post.
I’m going to take the top scams reported by Rapid Forex blog readers and then do some more research and discover the truth about the scam. I’m going to put pressure on the scammers by creating blog posts explaining how they’re scamming people, and share people’s stories who they have scammed. I’ll find more people that they’ve scammed.
I’m going to contact them and ask them to give you a refund. If they issue refunds and you confirm it, I’ll post that on the blog as well. I think it’s only fair to allow the “scammer” to try and make things right and clear their name. If they refund everyone’s money, I’ll post that too.
If you’ve been burnt, you might never see that money again. I think it’s worth a try. Rapid Forex holds enough weight in the online forex trading world that I’m confident that I could help many of you get your money back.
To try and get your money back and warn other forex traders about malicious forex trading scams, please post your “I was scammed” experience as a comment below:
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Tags: brian campbell, forex scams, forex trading, grievance, rapid forex, rip offs, scammers Posted in
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Rob on
March 28th, 2010 at 8:56 pm
Forex Illumination – refusing a refund and not even writing back- a useless system
NtPicks- no refund- excuses
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March 28th, 2010 at 10:28 pm
I have ordered a software from forex spectrum, for some reason I could download the software. When I ask for a refund
I never heard from them again
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March 29th, 2010 at 12:10 am
Dale,
The only comment I see is one where you are saying that you don’t know if it went through. I read all comments, so if you submit one, I will see it!
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March 29th, 2010 at 1:29 am
I actually wrote a long explanation of an experience I am having, but looks like it went astray? Is there a limit to the word length? cheers
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March 29th, 2010 at 5:53 am
Hi Jaime,
I also ordered Forex Spectrum, the software downloaded but when installed on chart did not work. They ignored 3 emails from me. You have a 60 day refund from clcikbacnk. Just forward your clickbank receipt to “refunds@clickbank.com” and they will issue you a refund.
Good luck
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March 29th, 2010 at 7:11 am
Forex Ripper should be called Forex Rip off.
Not answered e mail for help.
Not answered e mails for refund – it just doesn’t work.
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March 29th, 2010 at 9:37 am
I lost $90,000 in 2 tradings days when I used the 4xmaster.net program.
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March 29th, 2010 at 9:38 am
Forex Illumination people are reporting them to the EU authorities under fraud regulations, as I live in the UK
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March 29th, 2010 at 1:14 pm
Watch out for dennis rocke, forex advisors, and cindy from top forex review. could be the same person. They dont honour stopping subscriptions when notified but charge another 2-3 months without permission
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March 29th, 2010 at 5:12 pm
Stay away from Forex Brilliance. I bought the product and backtesting from 1999 to present blows up an account on every pair with money management enabled. Without money management USDJPY pair survives with a 90% draw down! whew!
Not profitable at all this year when running all pairs at the same time.
Support email doesn’t work, and they refused refund on plimus support contact. It seems like they insist I trade on a live account even though the backtest results clearly shows that its not profitable. USDJPY could be profitable if your account survives the long run and you have an iron gut too handle 80-90% draw down without money management enabled.
They say to show them results but don’t provide a working email (or any other way) to actually send them test results. Its just a racket… Stay away.
I’m still working on getting a refund.
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March 30th, 2010 at 6:49 pm
Hi there,
Thank you for contacting us. For a start, the product is on CB, so there is a no hassle refund policy, the link for it is even included in the receipt and it’s issued with no questions asked if you are familiar with CB so calling this a scam is absolutely ridiculous when money are returned without any questions within 24 hrs!
The second thing is our support page is here, http://www.forexspectrum.com/contact.html and link is shown on home page, on CB receipt and also in the thank you page after purchase (info@forexspectrum.com). Now, what some people seem to miss is that we deal with 10,000’s of requests and sales and although all the queries are replied from a full time support team, some emails out of such huge amount will get caught into spam filters either on our side when the email is sent, or on their side when email is replied.
I have NOW contacted CB for a refund on his behalf, they will take care of it in a prompt manner. Basically what I did is contact them on his behalf and requested to issue a refund, so no need to do anything, CB will issue it within 24hrs and send confirmation to customer of the refund being processed via email.
Thank you for the heads up on the case, all it takes is a small amount of people out of 10,000’s to get a bad reputation for no reason.Once again, info@forexspectrum.com is the email to contact for direct support from the developers and its support team.
ForexSystemAffiliate team
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April 2nd, 2010 at 9:06 pm
LOOKING FORWARD TO BEING KEPT UP TO DATE AND AWARE!
THANKS
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May 12th, 2010 at 9:00 am
Thanks man but what about theas commercials for ivybot and fapturbo and no loos robot on this page ?
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May 14th, 2010 at 6:43 am
Brian,
I would like to advise readers of this blog to never buy from any of these Forex websites unless the payment processor is clickbank. To get a refund from clickbank all you need to do is to send the email receipt you got from them when you purchased the product and you get an immediate refund.
(refund@clickbank.com) That is all you need do. There is no need to ask the supplier for the refund.
never use anyone who offers a guarentee on their website that is using paypal.
Paypal only refund on physical goods, notdigital goods.
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May 16th, 2010 at 8:32 pm
My experience is exactly as John says and i dont use paypal to purchase robots anymore after they wouldn’t refund for a robot that blatently lied over its performance/ ability.
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