Man Lost his Valuable Money in Forex Fraud

He says, “Classic Capitals is a fraudulent company.” A user lost his hard-earned money with a broker named Classic Capitals. The victim is from India and approached Wikifx. The complainant submitted a complaint against the broker and asked for help. He attached some screenshots with us .

The victim wrote in the complaint “I requested a withdrawal on Sep 2023 . But the broker rejected my request and asked me to again drop a request on October 20, 2023. I did, but they again rejected it”. “This time they started sending rude, abusive messages to me on WhatsApp and blackmailing me”. Victim added.

Complainant said they are threatening him to withdraw his complaint . The customer executives have also blocked him. He invested his money with the broker on August 8, 2023 and lost One lakh INR.

“This is a scam company. That is operating in Haryana, Hyderabad, Telangana, and Mumbai. They take our money and never give it back”. The victim said: “People are very rude. They threaten clients to close their accounts due to the principal amount.” Complainant added.

Install the WikiFX app on your smartphone to stay updated with latest news of Forex. WikiFX is a global forex broker regulatory enquiry platform that has investigated and reviewed more than 50,000 brokers, collaborating with more than 30 national regulators. To learn more about the security and reliability of your chosen brokers, visit www.wikifx.com or download our free app from Google Play or app store.