Elijah Oyefeso *** SCAM WARNING ***

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Comments

  • lotzofbotzlotzofbotz Posts: 1,552 ✭✭✭✭
    edited June 2016
    Another person emails me with him being solicited by Elijah and his Team with CRUSHOPTIONS... The only thing that will get crushed is your account if you are stupid enough to deposit with them. They charge you $42 for each withdrawal or 10% whichever is greater of the total account balance. They also have the nerve first time I have seen a scam broker do this to CHARGE $5 A WEEK just to have an active account with them! WTF! So this is your idea of a quality broker Elijah? Sheep Shagger that is all you are.

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  • RaidenRaiden Posts: 186 ✭✭
    Did not believe it to be possible........but we have just witnessed a new low in Binary Options. Any person who signs up for this shit deserves to be the sheep.
  • lotzofbotzlotzofbotz Posts: 1,552 ✭✭✭✭
    edited June 2016
    Funny enough their T&Cs are written like he talks. Have you ever listened to his videos? He sounds like a walrus during mating... Ironically he speaks the queen's english, like seriously? Yeah maybe if she was mentally handicapped, deaf and suffered from chronic epilepsy.
  • RaidenRaiden Posts: 186 ✭✭
    LOL!!! By far you are the best critic out there. LOL
  • icemann543icemann543 Posts: 10
    yes Elijah was one of them. I have heard that Option Rally is planning to close shop or sell to someone else. Is this true?
    I am still trying to get my money from them.
  • The_Geek_MHThe_Geek_MH Posts: 578 mod
    Haven't heard that about Optionrally. They hold a Belize license/registration so you may be able to get some satisfaction that route. Also, make a DETAILED complaint here in the optionrally discussion and then let them know about it. If you have a legit complaint, or not, I am sure they will try to get it taken care of .
  • RussBird82RussBird82 Posts: 4
    edited August 2016
    Good reading. I too am following the Elijah story with interest since I saw the Channel 4 documentary in January, I recently called out the scam on his youtube videos but they were instantly removed (no surprises there). I think anyone has been victim to one of these scams should contact http://www.actionfraud.police.uk/ as although searching "Is Elijah Oyefeso a scam?" does flash up some worthwhile reading I question the impact on his scamming compared to an arrest warrant! Frustratingly when browsing Twitter I found another trading group under than name of FHT (Forex Help Trading) and I wouldn't be surprised if it's operated by the same criminal entity. FHT Trading is fronted by another neanderthal called "Lee Davis" operating from Southampton (Where I suspect is the white face of DCT trading under another name, i.e. if you don't trust this black nigerian guy, how about this respectable white guy?). I don't fully understand Twitter but reading through some of the posts both DCT and FHT had a mild spat which I believe was all fabricated for marketing purposes
  • The_Geek_MHThe_Geek_MH Posts: 578 mod
    Nice update! thanks for the info, truly interesting stuff the things that scammers will do.
  • RussBird82RussBird82 Posts: 4
    I just can't believe people don't do more research into this scum. The only thing I can't work out is the legalities of selling trading signals? In a way it's no different to someone paying for horse racing tips, might win, might lose, you place your bet, you take your chance while they profit from the premium rate phone call/website access (and most likely trade the very horse they tip!). But I think with all the false reporting these people do is closer to obtaining money by deception (fraud) than a tipster service. Factor in the withholding of funds it then becomes theft. I know you have to be licenced to give financial advice/manage money in the UK but as these people only provide toss of a coin prompts and don't handle the trade it's a bit of a grey area. I look forward to the day when the police crack down on these lowlives as searching Google this sort of scam has been going on for several years now. While browsing their social media provides amusement for those who realise the scam, personally I find it funny how often they need to check the time! but looking at the at these 20 y/o trading "gurus" really makes you question the morals of today's society, like this guy for example https://www.facebook.com/jamesterrywatts?fref=ts. As mentioned in my previous comment I would urge anyone who has been a victim of DCT or FHT to contact http://www.actionfraud.police.uk/ . The more people who come forward the sooner these guys are stopped. Unfortunately there aren't many warnings about FHT at the moment but maybe someone could investigate/start a discussion on this?
  • TobiasRobinsonTobiasRobinson Posts: 44 admin
    Just a quick update that the same scam has surfaced again, this time with the trader name as Richard Mfune. Still all boils down to DCT.

    Some more lazy journalism in the UK has given more publicity to the "great rich quick" story, increasing the risk of people being duped.

    Hopefully anyone reading these pages already knows enough to stay well away from anyone wishing to trade on their behalf.

    Incase there is any doubt - Binary options are not a get rich quick scheme.
  • RussBird82RussBird82 Posts: 4
    edited August 2016
    Seriously wtf is wrong with journalism in this county? Have they never heard of due diligence? Boils my piss. There is a glimmer of hope in that he's posted questions posed to him by a reporter on his Twitter feed so hopefully the net is slowly closing in on these crooks. https://mobile.twitter.com/RobTM_/media
  • OkaneOkane Posts: 1,238 admin
    These are most probably not about poor journalism.
    I think it's called editorial "articles". Meaning, these "news" sites get paid (affiliate income)
    for writing these BS.
  • OkaneOkane Posts: 1,238 admin
    Yeah financemagnates are a great source of news. Someone should email all these "news" websites that
    praised this scammer and give them the link to that article.
  • OkaneOkane Posts: 1,238 admin
    But then again, as I said, I think they are getting paid or they know these
    types of articles make them money via ads so they wouldn't care. In fact, I am pretty
    sure they already know it's a scam.
  • MrRobotCapitalMrRobotCapital Posts: 1
    edited September 2016
    After being robbed myself, iv emailed and rung every single reporter that has done a story on elija, Timi, rob, DCT trading, timis trading team, trading with rob and I have been fobbed off or blanked by every single one of them after I shared proof of the fraud aswell as several articas providing even more evidence. All of these company's and people are part of the same gang, if more than 10 people put in a case against each trading group the police will have to take investigations seriously that could then result in the fca being involved. Let's get these con artists locked up!!
  • I have seen a lot of twitter posts recently as well talking about these scams. FHT, GWT, DCT, SoFinance, CWT, the list is endless, and seems to be more springing up every day. They benefit from all the PR on Twitter, so if there is enough people trolling them online, the bottomless pit of people that sign up for this scam should dry up. On top of that, you are right, Action Fraud, FCA, and anything like that can help. I was scammed too, and I am sure there are thousands. That dick Lee posted this morning on twitter @fhttrading that they had 2-2 signals this morning, but "some people" may have only got 1-2 - I checked the signal, and it lost, as well as last Friday his "signals" got 0-8, and overall about 30% win rate for the week. Yet, he publishes bullshit about them winning. It is definitely illegal, false advertising, deception, whatever you want to call it, he is doing it.
  • if everyone trolls them all as much as possible, then the voice may get heard @fhttrading, @gwt_marcello @teamelijahO @itsoezz @elijah_dct @sofinance @gerardcwt @kezfht and many many more. Retweet, send them messages - use hashtags, increase awareness of this scam!
  • i too used dct and surprise surprise i lost but there are good ones out there im using ot strategy from twitter im in my 3rd week now getting great results i was not asked to sign up to anyone ect and got a week free so im happy (admins please remove if rules are broken by this comment )
  • absolute rubbish. there are no "good ones" out there. They are all scammers. It is impossible to make money from binary options. No trader worth his salt will touch binary, and I have that on good authority from actual city traders who laugh at those that try. They say it is an absolute mugs game, and just like going to the casino. No one can bet on a 60 second trade, and actually a lot of the time, the broker prices are different from the actual real price. It is a like a casino, on the roulette table. If someone puts £10,000 on black 31, then there is little chance it will land on there, because the casino will ensure it lands on red. Equally if someone puts on a 10k, 60 second trade PUT on GBP/USD. They will manipulate it so the price goes up, even if it is by a small amount. It is a scam
  • The_Geek_MHThe_Geek_MH Posts: 578 mod
    a lot of what you say is true, but not every one trades binary that way, and not all the brokers are scammers. Sure it is the gaming side of trading, but it is still market speculation and still pays.
  • OkaneOkane Posts: 1,238 admin
    Well. In each case, someone putting10K on a 60sec trade (unless his account size is a million dollars) and
    the other dumdum who puts 10K on roulette it's called pure gambling...
    By the way, many people like to gamble, so binary options is just another break from the casino.
    Then there are the few who really care about making money and know they need to make an effort, a big one.
  • the point is, that the "signal providers" are selling a service that doesnt exist, and showing either fake wealth, or wealth that is created by Affiliate marketing, promising people that they can win. If I posted online that I had a fail safe method for winning on Roulette, then people would generally not believe me, because it isnt possible, but the lack of understanding of binary leads people to believe that these scammers actually know the market, and can trade on it. They dont realise that many brokers want you to lose, as do the signal providers, because if you lose, and deposit more money, then more commission is paid out. If I could guarantee 80% win rate on trades on Forex, I would spend all my day putting on trades, and certainly wouldnt sell it to others. Are we to believe these people just genuinely want to share their wealth!!
  • OkaneOkane Posts: 1,238 admin

    the point is, that the "signal providers" are selling a service that doesnt exist, and showing either fake wealth, or wealth that is created by Affiliate marketing, promising people that they can win. If I posted online that I had a fail safe method for winning on Roulette, then people would generally not believe me, because it isnt possible, but the lack of understanding of binary leads people to believe that these scammers actually know the market, and can trade on it. They dont realise that many brokers want you to lose, as do the signal providers, because if you lose, and deposit more money, then more commission is paid out. If I could guarantee 80% win rate on trades on Forex, I would spend all my day putting on trades, and certainly wouldnt sell it to others. Are we to believe these people just genuinely want to share their wealth!!

    No, who said that should believe in those things?
    And yes, that's the message we spread here. Just look at a few of my recent posts, they
    all pretty much say "all robots and signal services are BS".
  • monaug5monaug5 Posts: 1
    Lets report them to the FCA: https://www.fca.org.uk/consumers/report-scam-unauthorised-firm

    Dont forget Jordan Messoud or TradewithJordan! He is also a bigtime scammer.
  • TraderJoe318TraderJoe318 Posts: 1
    https://youtube.com/watch?v=I7PG0gSKGkM

    in that video he is in some hotel bathrobes or some shit lol. funny AF to take him serious. Then how he answers about how much he's made trading. I couldn't understand what he said after playing it back 3 times. His nervousness and the cut gives it all away he doesn't know anything.
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