Exential Group ( exentialgroup.com) - Ozythemes is of course, a website design company. Not damning in itself but seems kind of lazy for a financial company. Review of exential group – Forex managed Account. This is a story of greed and naivety, but none the less a very painful lesson. IF IT SOUNDS TOO GOOD TO BE TRUE, IT USUALLY IS!
However, any regulatory body was overseeing the fund. In July, department of Economic Development has ordered the company to cease its operations. Unfortunately, when clients attempted to close their accounts they could not withdraw their funds. Dubai: The verdict in the $3million Exential Forex scam may be out, but the likelihood of the 0UAE residents who invested in the dubious get-rich-quick scheme getting their money back. Lemos was sentenced to over 5years in prison in April, each year accounting for one case against him.
This week, however, legal advisor Wilbur Menezes told the Times of India that he will travel to Dubai to file an appeal, adding that he is confident it will be successful. Once the verdict is handed down, Exential is allowed time to lodge an appeal and this is the course of action we deem appropriate at this time. There is a fair amount of social media hype regarding the court cases being won against Exential.
The website doesn’t provide any information about its owners, regulation, licences, traders or any other official credentials. Legitimate websites will clearly state the name of the regulator that oversees their work, and details of their commercial registration and trade license. Airline cabin crew were one of the key groups targeted in Dubai in a bid to encourage more people to open up accounts with Exential. The total number of forex accounts held by Exential is estimated to be around 1000.
Performs any combination of following tasks as member of conveyor line crew to finish and pack plastic or rubber footwear: Sorts and mates pairs and places them on conveyor. Essential Group reviews. From groups of Filipino churchgoers, to scores of Emirates cabin crew flying out of Dubai – hundreds of normal people looking to secure their futures have been caught up in the Exential scam. Exential’s 000-odd victims are mostly from aviation and oil and gas sectors.
Each investor forked out a minimum of $20(Dh9500) per forex account after being promised annual profits of. Multiple account holders include an oil and gas company executive who reportedly has 7accounts of $20each and a former vice-president of an aluminium company who has about 350. Most of the clients were employed in Oil, FMCG and Airline companies in Dubai, who were mostly been attracted to poonzy scheme. We deliver secure and compliant IT infrastructure services including colocation, clou connectivity and more.
Enticed by the incredible returns, nearly 0UAE residents fell for the scheme only to lose their hard-earned money in a web of deceit. It’s a very complicated case. They were hand in glove. Exential piggybacked on the brokerage house to gain credibility. In return, the brokerage took huge amounts of money for lending its name.
It was a convenient arrangement. BARR GROUP INTERNATIONAL LLC is a full-service Washington-based firm offering Architecture, Engineering, Interior Design, Construction Management, Development, Sustainable Design, Infrastructure, Preservation and Planning services. The businessman was arrested on December 21. Can You Get Someone to Trade Forex for Me, on My Behalf? Can I get someone to trade forex for me, on my behalf?
In fact, paying someone to trade the forex market for you is a becoming a popular thing to do and increasingly more so as folk, like yourself, discover them.
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