NOTICE TO THE PUBLIC
My former employer, Michael Chen, in-charge of MCC Markets Inc. a.k.a Chaos Software Trading L.L.C, is running an illegal and fraudulent Forex company in the guise of a legitimate operation. Here is a brief summary of what happened over the course of my brief but harrowing experience with his bogus company.
He hired me as one of the managers in the Philippines to oversee and expand the company’s reach and I signed a standard consultancy agreement with the operation as per the custom of the Forex industry. Frankly, the company’s product is subpar but unsurprising given that the company is only months old at this point (according to him at least). Still, I gave my best effort to introduce the company to my clients and some of my valued clients have deposited their funds to the company. Unfortunately, last week he abruptly announced that the company has ceased operations and that he has been fired from his own company, giving me no recourse to recover the deposited funds by my clients. This alone is a hallmark of fraud. No legitimate company will cease their operations without proper notice to its stakeholders including their consultants. More importantly, it is clearly advertised in the company’s website that the funds are safe and secure, which is false.
NOTICE TO THE PUBLIC My former employer, Michael Chen, in-charge of MCC Markets Inc. a.k.a Chaos Software Trading L.L.C, is running an illegal and fraudulent Forex company in the guise of a legitimate operation. Here is a brief summary of what happened over the course of my brief but harrowing experience with his bogus company. He hired me as one of the managers in the Philippines to oversee and expand the company’s reach and I signed a standard consultancy agreement with the operation as per the custom of the Forex industry. Frankly, the company’s product is subpar but unsurprising given that the company is only months old at this point (according to him at least). Still, I gave my best effort to introduce the company to my clients and some of my valued clients have deposited their funds to the company. Unfortunately, last week he abruptly announced that the company has ceased operations and that he has been fired from his own company, giving me no recourse to recover the deposited funds by my clients. This alone is a hallmark of fraud. No legitimate company will cease their operations without proper notice to its stakeholders including their consultants. More importantly, it is clearly advertised in the company’s website that the funds are safe and secure, which is false.
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