Greetings.
I am a member of a group of traders / investors with significant funds deposited with The CollectiveFX, aka The Collective FX Global, aka BDG Financial Services LTD, aka CFX.
As of June 1, 2014, we were informed of the closure of the brokerage. Ostensibly, the reasons given by the operators of CFX were pending investigations by authorities regarding a so called 'white label' trader operating capriciously through the brokerage.
The operators of CFX directed us to request a withdrawal of our funds through their website, following specific procedures. We were assured of the return of our funds within 90 days. We requested such a withdrawal.
To date, no one that we are aware of has received any refund of monies on account and all operators of CFX that we are aware of have disappeared and have offered no communications to us whatsoever. Their website no longer exists.
Furthermore, we are unable to access CFX administrative records in order to document our account balances / trade records for tax and other purposes.
It is our belief that the operators of The CollectiveFX are displaying bad faith and have no intention of refunding our monies.
Our goal, simply put, is the complete return of our funds.
We are requesting any and all members of the CollectiveFX who have funds at risk, to contact us as we are currently considering ‘civil’ court actions and other legal options.
If you also had funds with The CollectiveFX, we urge you to contact us and join our group, whether you have been paid or not. Please contact ‘deweywon at aol dot com’.
If you are someone with the skills and resources to help in this endeavor, please write to ‘deweywon at aol dot com’.
The Collective FX Recovery Effort
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Dewey McG
- Trader
- Posts: 435
- Joined: Sat Nov 26, 2011 4:20 pm
- Location: Tampa FL
The Collective FX Recovery Effort
"deweywon" is me, so if you are on this site please contact me ASAP
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SteveHopwood
- Owner
- Posts: 9904
- Joined: Tue Nov 15, 2011 8:43 am
- Location: Misterton - an insignificant village in England. Very pleasant to live in.
The Collective FX Recovery Effort
Let me know if there is anything that SHF can do to help.
Read the effing manual, ok?
Afterprime is the official SHF broker. Read about them at https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?p=175790#p175790.
I still suffer from OCCD. Good thing, really.
Anyone here feeling generous? My paypal account is always in the market for a tiny donation. pianodoodler@hotmail.com is the account.
To see The Weekly Roundup of stuff you guys might have missed Click here
My special thanks to Thomas (tomele) for all the incredible work he does here.
Afterprime is the official SHF broker. Read about them at https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?p=175790#p175790.
I still suffer from OCCD. Good thing, really.
Anyone here feeling generous? My paypal account is always in the market for a tiny donation. pianodoodler@hotmail.com is the account.
To see The Weekly Roundup of stuff you guys might have missed Click here
My special thanks to Thomas (tomele) for all the incredible work he does here.
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Dewey McG
- Trader
- Posts: 435
- Joined: Sat Nov 26, 2011 4:20 pm
- Location: Tampa FL
The Collective FX Recovery Effort
Well if you know any heavies who might be willing to rough up two of the crooks from this outfit who live in the UK...SteveHopwood » Sun Oct 05, 2014 6:53 pm wrote:Let me know if there is anything that SHF can do to help.
....don't answer that. I am afraid I would be tempted if you did.