Forex Reputation Has Gone

Eight Mails Make any Forex Software Vendor or Forex Broker lose his Reputation

So many scandals, so little time. This year Felix Homogratus (Dmitri Chavkerov) the infamous “Forex Bastard” of forexpeacearmy.com fame got swept up in an international sting operation conducted by the Department of Homeland Security.

All The Following Mails Are sent in only 3 Weeks, they are talking about Fictitious SCAM happened with each Software provider to kill from there reputation.

The Following Are the mails that received From ForexPeaceArmy:

1- Wiped out with a single trade! Don't let this happen to you.
A little over one week ago, one of our members posted the awful news that he'd lost almost all of his money on a single trade. This wasn't a broker scam, but a very common trap that many traders fall into. Our member Pharaoh has written an article that can save your account from meeting the same fate. 13 May 2008

2- Our forex trader made $250,000 and broker banned him
This is Felix writing. One of our Secret News Weapon users finally got banned after making around $250,000 of profits... 15 May 2008

3- Lawsuit Threats and Vote Fraud
There are two issues we'd like to bring your attention to today.

Fist, we got threatened with a lawsuit by one company that tried to hide that it was related to another. After a little investigation we found a third company that was part of the group and even more ethical issues. Read all about what our investigators found here and save yourself from dealing with these scammers.

Second, we found a bunch of fraudulent votes in our poll about one of our traders who spent 4500 Euros and couldn't get a refund. We had been allowing guests to vote, and the percentage of Yes and No votes was fairly steady. Then a huge number of No votes started coming in on Sunday night. We asked our programmers to check the database, and it seems that there was a small group of computers submitting hundreds of fake votes. 16 May 2008

4- How * NOT * to get scammed buying forex products
Been ripped off buying forex products? Seen someone else get ripped off? Our member Pharaoh has written an article to help you guard against getting scammed when buying forex products. Read all about it here. 19 May 2008 (Because Sat. & Sunday was Off)

5- Our trader spent over $6500 on software that didn't work for him.
He tried to get a refund and was instead met with insults. The FPA tried to mediate the dispute to help get our member's money back and was met with delay after delay, followed by a flat refusal to negotiate and more rude behavior. After this assortment of unprofessional and even more unethical behavior, we had no choice but to blacklist this company. 23 May 2008

6- Felix Homogratus Replaced with Crazy Cat
The last mail that was sent from ForexPeaceArmy under the name of Felix Homogratus was at 16th May 2008
Starting From 22 May 2008 they replaced his name with a new name called Crazy Cat (Because Felix is blocked by many users)

7- 4500 Euros and No Refund! Is this a scam?
One of our members paid 4500 Euros for trading software, that he claims doesn't work. The company refuses to consider a refund. Please read the investigation materials and tell us your opinion if this is a scam or not? 9 May 2008

8- Hi
I am an investment consultant working with Bank Of Scotland, HBOS. at their offshore department Edinburgh, Scotland .I will be happy to work this deal out with you if you have a coporate or personal Bank Account and if you are capable to keep TOP SECRET. I need strong Assurance that you will never let me down,if I transter this money to your account. During one of our peroidic auditing I discorved a dormant accounts with holding balance of £36,000.000.00 {Thirty Six million British Pounds Sterlings only} this account has not been operated for the past years. As at this moment,I am constrained to issue more details about this business until your response is received. If you are not familiar with my Bank profile,you are free to ask.

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I Think Any One Read The Above Mails Will Understand Who Is ForexPeaceArmy

If that isn’t enough to warn you off from forexpeacearmy there is this very insightful video by a trader who demonstrates how the reviews at forexpeacearmy are bogus and not worth the pixels they are printed on: http://www.youtube.com/watch?v=XWmyYDJn5P0