This report was also logged with the UK fraud police.
I deposited the minimum balance of US$250 via visa debit card into an auto trader http://app.virtnext.com .
The Benedict Morris Binary Options company matched my US$250 with their own US$250 into my trading account until the total was US$900 (US$450 my money + US$450 the company money). (See attachment#1)
They switched it on and the auto trader took US$25 trades from my account every 30secs.
I immediately contacted the company to switch the auto-trader off and their broker, Charlie West, told me never to use the auto-trader.
He told me to go with him saying that he would put my money into a hedge fund (with his other VIP traders) with insurance so I could never lose. The money I gained each night from his ‘hedge fund’ is labelled ‘Bonus’ (see attachment#2) and the he always promised that the total balance would always belong to me and that I could always withdrew money anytime I liked just like a bank. Every night they pressured me so much to keep depositing huge funds like US$10K. This stress was physically making me sick.
I won US$9923.30 clear profit from these Hedge Funds winnings. They were labelled ‘bonuses’ in my account history but I became suspicious and 1 Dec 2015 I made a total account US$23934 withdrawal.
They cancelled this withdrawal without notifying me and transferred that US$9923.30 bonus from my account into their own account. They said that I could have all money remaining that I had deposited US$14011. Nothing was ever returned. I am working with the bank.
Feb 13, 2016 they helped themselves to US$3500 to from my VISA debit card without my authorisation that my bank forgot to block.
But don't take my word for it. Click here for others that never got their own money returned http://forum.binaryoptions.net/discussion/1638/binary-options-broker-benedict-morris-is-a-scam
The company name falls under the following titles:
1. Benedict Morris Binary Options (bmboption.com)
2. Log Capital Service LTD
20-22 Wenlock Road, London N17GU, UK
Tel. 0044-2036081858
3. virtnext.com (http://app.virtnext.com)
4. Log Trading Capital LTD. C & H Towers,
Corner of Great Marlborough and Great George,
Commonwealth of Dominica
They said they would take 3-5business to wire me back the money to my Australian bank account, then they wrote 10 business days, then they keep giving every excuse like, “we have a massive backlog for Christmas(xmas)","we have many many clients requesting withdrawals for xmas","it's unfortunate that you are making a withdrawal at this time of year", "it's too close to xmas and there are many bank holidays coming up", "I'm (Johnny Simons the customer support boss ) going away until mid-January, if you haven't got it by then I will sort it out", "just forget about it and enjoy your xmas".
The final correspondence was 24.12.2015 from Johnny Simons (customer service) about them promising to return my US$14011. Currently, my BMBoptions account still says‘ 7.12.2015 US$14011 withdrawal pending ’ showing that they haven’t started any transfer process to me. No money has been returned to me.
Please stay away from these theives who are not registered with anybody.
Benedict Morris Binary Option Reviews
This report was also logged with the UK fraud police.
I deposited the minimum balance of US$250 via visa debit card into an auto trader http://app.virtnext.com .
The Benedict Morris Binary Options company matched my US$250 with their own US$250 into my trading account until the total was US$900 (US$450 my money + US$450 the company money). (See attachment#1)
They switched it on and the auto trader took US$25 trades from my account every 30secs.
I immediately contacted the company to switch the auto-trader off and their broker, Charlie West, told me never to use the auto-trader.
He told me to go with him saying that he would put my money into a hedge fund (with his other VIP traders) with insurance so I could never lose. The money I gained each night from his ‘hedge fund’ is labelled ‘Bonus’ (see attachment#2) and the he always promised that the total balance would always belong to me and that I could always withdrew money anytime I liked just like a bank. Every night they pressured me so much to keep depositing huge funds like US$10K. This stress was physically making me sick.
I won US$9923.30 clear profit from these Hedge Funds winnings. They were labelled ‘bonuses’ in my account history but I became suspicious and 1 Dec 2015 I made a total account US$23934 withdrawal.
They cancelled this withdrawal without notifying me and transferred that US$9923.30 bonus from my account into their own account. They said that I could have all money remaining that I had deposited US$14011. Nothing was ever returned. I am working with the bank.
Feb 13, 2016 they helped themselves to US$3500 to from my VISA debit card without my authorisation that my bank forgot to block.
But don't take my word for it. Click here for others that never got their own money returned http://forum.binaryoptions.net/discussion/1638/binary-options-broker-benedict-morris-is-a-scam
The company name falls under the following titles:
1. Benedict Morris Binary Options (bmboption.com)
2. Log Capital Service LTD
20-22 Wenlock Road, London N17GU, UK
Tel. 0044-2036081858
3. virtnext.com (http://app.virtnext.com)
4. Log Trading Capital LTD. C & H Towers,
Corner of Great Marlborough and Great George,
Commonwealth of Dominica
They said they would take 3-5business to wire me back the money to my Australian bank account, then they wrote 10 business days, then they keep giving every excuse like, “we have a massive backlog for Christmas(xmas)","we have many many clients requesting withdrawals for xmas","it's unfortunate that you are making a withdrawal at this time of year", "it's too close to xmas and there are many bank holidays coming up", "I'm (Johnny Simons the customer support boss ) going away until mid-January, if you haven't got it by then I will sort it out", "just forget about it and enjoy your xmas".
The final correspondence was 24.12.2015 from Johnny Simons (customer service) about them promising to return my US$14011. Currently, my BMBoptions account still says‘ 7.12.2015 US$14011 withdrawal pending ’ showing that they haven’t started any transfer process to me. No money has been returned to me.
Please stay away from these theives who are not registered with anybody.