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  • Report:  #1276860

Complaint Review: BinaryBook

BinaryBook Hi everyone, please do not be fooled like I was with the lies and false promises their brokers tell you. I was contacted by David Brandon and all he did was spin a lot of lies to get me to invest. Foolishley I did, and now cant get my money back as they tie it up in long term investments. Since October he has already lost £11,000 off my account. The bonus money they add to your account looks good but you will never get your hands on it. If you read the terms and conditions it says that the bonus money has to make 30 times its amount before you can get any. In my case they gave me £9195. For me to get any of this money it would first have to make £275,850. Considering in 3 months they lost £11,000 from my account, this is never going to happen.Do not believe the positive reviews for this site as they are placed by their own workers. If you need any further info on this company then email me on dean24658499@gmail.com They are not regulated by any financial authority and are based in Coventry, England under the name of WSB investments ltd. YOU HAVE BEEN WARNED Coventry West Midlands

  • Reported By:
    Dean — Doncaster Other United Kingdom
  • Submitted:
    Tue, December 29, 2015
  • Updated:
    Tue, December 29, 2015

I invested £250 in this company to trade for myself. I was contacted the next day by David Brandon of BinaryBook. He told me initially that the company was his and that he was contacting me personally because he wanted to be my personal trader. He then told what i now know is a bunch of lies to get me to invest my money. He asked me what my bills were per month, I told him £1400. He told me that he would make me more than that every month by trading my money. I then started to invest. He called me daily asking for more money, saying that he would match it with bonus money that BinaryBook "gave" me. He also told me that I could withdraw money whenever I chose, which is a lie. I found this out when one day he phoned me to see if I could invest an extra £1160. I said that because it was from my business account I would need the money back three days later to pay for some goods. He told me that he only needed that money to take me to the next investment level and that I could withdraw it again in two days. I then tried to withdraw the money 2 days later only to be told that I couldnt withdraw any money. When I asked why they told me that my Broker had not authorised the transaction. He then sent me copies of investment trend tables and told me that he had a 100% investment proposal in Yahoo and facebook which he needed to invest my monery in. When I said it was ok he then went to invest the money in dollars/Yen and silver and oil. All of which lost my money. To date this company owes me £7660 whcih I dont lookm like getting back. David Brandon also told me that my investment was 100% safe as if it was lost by him, the company would reimburse it to me.

This person has told me nothing but lies and in the 3 months I have been investing with them, he has lost £11,000 by investing in the same commodities that he has lost in everytime!!

As I was trying to withdraw my money back out, he then made a large number of investments that didnt mature for 6 months to prevent me from withdrawing my money.

 

This company should ne investigated and shut down as they are defrauding innocent people out of their hard earned money. Its disgusting and going by the amount of unsatisfactory reviews about BinaryBook, something should be done

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