- Report: #1042068
Complaint Review: VIPBinary - Internet
-
Author Confirmed
Why?
VIPBinary
Internet, United States of America
Phone:
1-855-497-7277
Web:
www.vipbinary.com
Categories:
Business Rating:
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VIPBinary VIPBINARY, Binary Options company that quickly removes money from your account for trading, but refuses to deposit it back, Internet
Reports about VIPBinary on this site are all true so do not deposit money or buy into this company, for any reason.
I wish I had read this page before getting involved. There are plenty of other binary companies out there, but this is just a scam site.
The page is professional and the platform easy to read and use. You will be contacted and offered expert advice, you will be encouraged to deposit funds to make 80% guaranteed trades and even secure trades. The good news is these are accurate, the 'broker' does work on a 80% accuracy rate and they do provide secure trades where if for some reason the trade loses, you get all the money back from what they call their insurance company.
The trouble is, all the money you're winning off trades is on your screen, and that's where it stays. I deposited $6,000 in all, as a try out to see if it all worked. That worked great, and I have asked four times for a withdrawal of over $10,000, which is in my account.
Excuses range from the internet being down due to snow storms in new York, to a refusal on my bank's part to accept the funds without a large fee. Neither of these are true of course.
Four withdrawal requests, phone calls ignored, no emails or support requests responded to, one 'live support' request that was accepted, the conversation petering out and the 'agent' hanging up when the subject came around to 'withdrawal.'
In short, with VIPBinary, DON'T do it!
I wish I had read this page before getting involved. There are plenty of other binary companies out there, but this is just a scam site.
The page is professional and the platform easy to read and use. You will be contacted and offered expert advice, you will be encouraged to deposit funds to make 80% guaranteed trades and even secure trades. The good news is these are accurate, the 'broker' does work on a 80% accuracy rate and they do provide secure trades where if for some reason the trade loses, you get all the money back from what they call their insurance company.
The trouble is, all the money you're winning off trades is on your screen, and that's where it stays. I deposited $6,000 in all, as a try out to see if it all worked. That worked great, and I have asked four times for a withdrawal of over $10,000, which is in my account.
Excuses range from the internet being down due to snow storms in new York, to a refusal on my bank's part to accept the funds without a large fee. Neither of these are true of course.
Four withdrawal requests, phone calls ignored, no emails or support requests responded to, one 'live support' request that was accepted, the conversation petering out and the 'agent' hanging up when the subject came around to 'withdrawal.'
In short, with VIPBinary, DON'T do it!
1 Updates & Rebuttals
Danny
Albany,Follow up
#2Author of original report
Fri, May 10, 2013
Follow up:
After many emails and phone calls and hours of incredible BS from this company I eventually had most of my $6000 returned. They claim that all other money was a bonus. I pointed out I have pages of trades in my account to show that the extra 4,400 in my account had nothing to do with bonuses but were actually won trades, assisted by one of their own brokers who called himself Jay.
They had no real anser to this, until they phoned back a couple of days later to say that all this money WAS a bonus after all,a nd to check my account. Sure enough all my trades had been deleted and the amount owed to me replaced by the word 'bonus.'
I pointed out that I had screen shots of ALL my trades, and emailed one as an example, and they had just committed fraud. They hung up. I doubt any of the names are real and there seem to be a lot of interesting sounding accents, and they all have names like Tricia, John Rooney, Daniel, David, Jay etc.
I am astonished that I got most of my deposit back and count myself very lucky. My tactic was to say I had 5 other people who wante to deposit up to 10,000 each to trade, and they just wanted to see the process work from start to finish. I don't know if this swung it for me or not.
Let everyone you know vipbinary is a scam, a fraud, full of thieves. They seem to be falling apart, as each time the caller blames the others for the mix ups and tells you to trust only them. One was in tears on the phone begging me to believe her, that I could trust her and to deposit more money so she could pay me out what was owed. Yes, really! Good luck!!
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