Beware.....I have Got cheated in the broad day light..on the net.

India
July 31, 2009 5:45am CST
Good morning.my lot buddies... Certain things I just need to share with U. Some days back ,I paid a small amount to one online forex program.. This program had lots of promises on how to earn fast buck with their fast signals on Forex. After 3 days trial , these people directly debited my credit card with almost $120. This was done without even asking for my permission or opinion about the service during the trial period. They had promised me all kind of support and also assured me of the high returns on my investment but nothing like that happened. I am quite upset over this cheating I have lost my hard earned money.Now I dont know what to do. Later on I searched the web and found that this site has many such complaints from other customers also. Although I immediately complained to the "help"section of the concerned web program , nothing has happened so far. Now there is no reply from their web site. The debit to my credit card has already taken place. Because of this, my interest in the Forex trading has reduced drastically. I dont want to repeat my bad experience again. Just thought I should share this cheating with you. Have a nice day, my friend, may you be always spared from such horrible cheating experience.all the best.
1 person likes this
10 responses
@kissos (190)
• Greece
31 Jul 09
Can't you ask your money back? Forex companies usually give you a trial period to decide if you are happy with thier services as I know. Otherwise ask the money back from the bank that gave you the credit card.
1 person likes this
• India
31 Jul 09
Hello kissos, no they are saying that I should have cancelled it just at the end of the 3 days trial period.I have not yet talked to the bank.But I dont know if they can help me in any matter.Its my foolishness which I am being taxed.Have a nice day..bbye
31 Jul 09
I think it is necessary to do alot of research before you pay a company anything. I would have done a thorough background check first before going on to paying them. Now that it is done, I would recommend you look through the sites terms and conditions and see if the trial offer automatically becomes something else after it is finished. If they do not say anything about what happens after the trial period, then you have a case against them. Nonetheless i would also see the bank to make sure they do not keep taking money out of your account. Ask the bank if you can cancel the last transaction too. I hope you have better luck with this.
• India
31 Jul 09
Hello luciusaloc ..yeah as a hindsight, I also see clearly what u r sayingeven before paying for the trail period, I had done lots of thinking but then at a weak moment it got just happened it seems.Let me see if I can communicate with the bank.But what logic do I have to talk with them ?
31 Jul 09
I tihnk your starting point is, as I mentioned before, see what the forex program says about the 3 day trial, if they mention that it automatically becomes something else, then you can not do anything about it BUT if there is nothing mentioned about what happens after the trial period, then you have a case to say that you were defrauded since they did not mention that this would happen. Anyway, you still need to speak to your bank and make sure that your connection with this programme is terminated. Good luck with it.
• India
31 Jul 09
hello luciusaloc , yeah thats true dear..I have already delinked my credit card from the paypal with immediate effect..atleast this shall prevent the future debits..what do u say ? have a nice day..bye
@iskayz (5422)
• Philippines
1 Aug 09
Thanks for sharing your experience. This will be a lesson to everyone. I myself am getting interested on investing to forex exchange sites. There offers of money returns are so enticing especially that everyone wants to make big money. It's really hard to know which is a scam and which one is legit. Mostly the answer to this is to find out ourselves. Maybe the lesson here is don't do online earnings that requires paying money.. I'm sorry that you have lost some earnings.
• India
1 Aug 09
Hello iskayz, good morning..yeah that seems to be the right conclusion u have drawn..it is better to now tread with precaution..I m still determined to learn & operate in the Forex trading..may be little slow..may be with more cautions..because not every one is a fraud..there has to be good people and good sites..honest sites.. our job is to come across such sites..how fast we r able to do it depends on many aspects..but it is better to be in touch with each other so that the same mistake is not repeated by others..this is community feeling..right ? have a nice day..friend..bye
@iskayz (5422)
• Philippines
1 Aug 09
Hehe this is reality in online earnings. No matter how many times we may get scammed, we don't give up searching to find good sites. Post it here as soon as you found an honest forex exchange site. Good luck!
@OceanLady (136)
• Canada
1 Aug 09
1. If you need to pay money to make money, it's probably a scam. 2. Read the fine print... what they're doing is perfectly legal if they stated it in their terms somewhere, and they know full well that most people won't read the terms.
• India
1 Aug 09
hello OceanLady , good morning..yeah thank u so much for putting the things in a perspective..shall be more careful from the next time..have a nice day..bye
• New Zealand
1 Aug 09
somethings require some sort of initial investment an forex is one of them and things like internet marketing afiliates an the like you need money to make money but like you say if it sounds too good to be true it probably is do your research b4 buying into any online programs or software and dont go by just one review look at many because often some of the reviews are made by the very scammer's who are trying to sell you the rubbish product or system.
• Philippines
1 Aug 09
crystal - its me crystal . . please add me . ..
hi!..thnks 4 d warning..you know what? thats really a scam..if they let you pay out for making money.... next time be careful...
• India
1 Aug 09
Hello xtall05 ,yeah now I have understood fully..thanks a lot..have a nice day..bye
• Canada
31 Jul 09
Yeah, thanks for the heads up I remember going into one of their free conference things :S and I left when I saw this really informing post up on a "scambusting" site, don't remember what it was called :P I'm really cautious with stuff like this now
• India
31 Jul 09
Hello Raymond1342, thanks a lot..have a nice day..take care..bye
@sirkana15 (106)
• Philippines
31 Jul 09
Thank you for the warning...there are lots of web surfers that are being scammed everyday and i was never an exception....next time, you have to be careful. don't just sign up for a program that asks for credit card number because credit cards are not safe anymore from scams in the internet...i hope you have learned from that...
• India
31 Jul 09
Hello sirkana15, yeah I agree with u..I have leanrt a big lesson and hence I shall be very careful about such mistakes...may be I shall commit some other type of mistake( joking )..have a nice day..bye
@nrn2003 (670)
• United States
31 Jul 09
You should know better. you shouldn't have to pay money to make money. If it sounds too good to be true it usually is too good to be true. Especially since it has to do with online companies.
• India
31 Jul 09
Hello nrn2003, yeah agreed fully..it was my greed that I forgot to take the simplest of the precautions..I have learnt a lesson..thanks..bye
@BYOLA2871 (4373)
• South Africa
31 Jul 09
i am so sorry for your loss with this site and i need to tell you trhat i have been there before but i would like to ask you whether you filled any forms online whioch made it possible for tyhis site to debit your credit card.besides did you read through their policies before actually giving out your card details?and did you try to call the numbers they gave on their site if not i think you played into their hands unconsciously
• India
31 Jul 09
Hello BYOLA2871 ,yeah it seems that unconsciously I was led into the trap.. it is better to take precautions now..all the best..thanks for the sympathy..bye
• Philippines
31 Jul 09
Cannot you get the money back? Its really very frustrating to get cheated especially if you already trusted someone...Let us be careful next time.
• India
31 Jul 09
hello lcdelmendo18 ,yeah agreed...I dont want to write to the bank because its my mistake ...I did not go through the fine prints and did took the temptation for trial..failed to cancel it in time...better to take pracautions now..best of luck..bye