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  • Report:  #1348764

Complaint Review: ITM Invesmtents - Internet

Reported By:
cardorw - , USA
Submitted:
Updated:

ITM Invesmtents
Internet, USA
Phone:
832-483-9854
Web:
N/A
Categories:
Tell us has your experience with this business or person been good? What's this?

Do not use markeith victoria [email protected] 832-483-9854 for any investing or trading. I found him on craiglist (first mistake) and spoke with on the phone. He says he trades binary options (currency trading) and is very succesful. He gives two options one you can send him the funds and he will double it each month until it reach 40K then he has to setup a better repayment structure. Or you can setup your own account with Nadex and he'll trade you account for you. He advised I set up a demo account where he'll trade on it a couple of days to prove his capablitities raising it 20%. I set up the demo and he did increase that balance. I elected to I have him trade on my account because I didn't feel comfortable wiring him the money. We signed a contract and on the first day of trading he lost about $4400 of my $5000 balance. He gave me so excuse about Nadex charts chaning after the trade closed. Sounded like BS and not sure why I believed him. I guess because I couldn't figure out how he could be financial benefiting from me losing trades. Like an idiot I deposited a lot more money to bring the account to $1000 and he lost nearly all of it in day. I tried texting and calling but not response. Definitely feel stupid for falling for this especially after losing the first day. I guess there's so way he can benefit from losing trades on my account or maybe he gets off on losing peoples money who knows. 

Bottomline don't be a food like me and for it. He comes of very genuine. Contact and I can provide proof.

 



2 Updates & Rebuttals

Response

#2Author of original report

Sat, January 21, 2017

Scam or not he lost all the money in the account twice. So regardless he's not as good as he claimed. And he failed to respond to my texts and calls after losing all the money. 

The other option he's talking about required wiring money to him and no way of verifying his insurance claim. I was prepared to do that once he proved his capability which he admititely didn't do.

 


Mark

Houston,
Texas,
USA
This is investing

#3REBUTTAL Owner of company

Tue, January 17, 2017

 There is no scam here. This guy makes it seem like I stole money out of his account which could NEVER happen because it's his account. It was simply a loss of investment. I offered him to go thru my company and take the insurance coverage but he declined. This is what happens when you don't prepare for the worst when investing. I run a legiamat company trading Nadex for my clients. If you have any question please feel to call 832-483-9854. Thank you.

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