VipBinary Trading
Complaint 223556 Details

I live in Paris France. During the month of September 2012 I had a trader from Vipbinary.com named Mark Parker and Chris Sanchez his boss, calling me everyday and asking me to invest some money on their trading internet platform.

They told me if I invested a 5000 USD they will give me the same amount bonus and become a gold member with many privileges such as secured trading, fast withdrawals and first hand inside information. They assured me that the minimum gain per week will be 1400 USD Being very conservative in the choice of trading. I was not to do any trading on my own only with the instruction of my assigned trader ( Mark Parker) I have never trade in my life and I trusted them.

I started trading with Mark Parker, he will call me everyday from their trading platform in the stock market in NYC. Before the stock market opening to give me the instruction to place the orders of the day (Nasdaq, Apple and Dow jones) via their site: ww.vipbinary.com.
Some trades were successful others not and pretty soon they told me to do some trades were we lost almost the whole amount invested 9000 USD This was his boss, Chris Sanchez, that gave me the inside platinum information with no risk!!! Some anomalies happen on that trade, the trades had doubled up the initial amount. I told the trader it was not normal what had happen and he said he was speaking with the accounting department, the financial manager, Sarah Barker, to solve the problem and credit my account, which never happen.
She suggested to continue trading to build up again the account that nothing was wrong with the system.

We started to build the account again...I just wanted to get out at this point, but we had lost almost all the starting money so I continue the trading... We arrived at 11000 USD and Mark Parker, gave me a platinum member information, a very secured trade that I shouldn't lose. We lost the whole trade of 4000 USD living my account at 7000 USD. On December 5th 2012. This was my last trade, Mark Parker stopped calling me and I could never reach him anymore. I will call everyday for an explanation, do many chats with the customer support, wrote many mails to the financial advisor, Sarah Barker and never got a reply.

The customer chat person ( Frank) told me he didn't work there anymore!!! At this point, I tried again after 2 previous withdrawals attempts that were not approved I tried a withdrawal of 2038 USD And for my surprise it was approved on December 26th 2012. And up to now it has not been credited to my credit card account yet!!! They keep saying they were are looking into the problem, that I should send my bank statement of December/ January to prove I have not received the money...I did so and I have been calling them everyday to try to recover the money, but I can't get an answer to my problem.

I realized they are a scamp company with a team of thieves as traders. The remaining money on the account 5000 USD was taken away and they keep calling me to make more deposits that they are talking with the account department about my withdrawal...

I would have never put money in companies like that, but these guys kept calling me, I needed the money and I trusted them!

This has been a horrible experience!!!
I don't think I will ever recover the famous withdrawal, but I want to make sure to ruin their reputation and prevent other people to trust them.

They said they are the most reputable trading company in the internet. Unfortunately, I didn't check them out before and I know now there are many people in my situation.

We have to put a stop on these thieves. I also want to file a complain with the Exchange Commission.

Thank you in advance.