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Raymond Borg
Prou FX previously Upro FX are a skilled, experienced, well trained, market knowledgeable, legally guided and charismatic SCAMMERS. I and my wife have just lost €153,000 of our family retirement money together with accumulated profits of €77,000 – ie €230,000. According to their platform and online investment account statements they lost €182,000 in 2 days - 30th and 31st March 2020. At a late stage you will realise that they can manipulate the electronic platform that you see as they desire changing invested funds used and margin allocations to meet their objectives / plans. My account manager was the charismatic Vincent Batovich ably aided by Noah Alievi. They said they were operating from their London office and their telephone international code confirms this. Trading was excellent on paper for 7 months - 1st Sept 2019 to 27th March 2020. Apart from the daily robotic profits generated by the trading platform there were ad hoc market events which generated even higher returns. Vincent allowed 2 withdrawals which were settled same day to build trust and this inclined us to add to our investments which were performing so well unlike our investments in equities. I was always refused an appointment to meet up personally nor was I given any address of their London Office. There is no written contact. No company letterheads are exchanged. No company registration numbers. No financial information is available and will not be given. On the other hand they have all information about you. This should have put me on notice. When your deposits dry up and as soon as you request a withdrawal, which I did on 18 February 2020 for €50,000 out of accumulated profits, you are advised that these will take 3 months from last deposit to process in view of open trades! This is not in tandem with the account conditions on their site which states 5 to 10 business days to process. You are assured that there will be no problem for their finance team to process the withdrawal request, which in our case was to occur on 24th April 2020. On the 18 March 2020 we were advised that our account manager was assigned other duties and a change in manager to Frank Cooper was arranged. On 24 March out of the blues we were offered insurance for €200,000 with the €20,000 premium required being spilt by company and ourselves. They were aware that we still had savings of €10,000 emanating from the initial withdrawal. We refused and on 26th March the 1st loss of €6,000 occurred to spur us into taking up the insurance scam. They even sent us the signed insurance contract which I pointed out was not valid at law due to various serious omissions. They made sure to kill any account balance before withdrawal date and this they did on 21 April. They purposely were not honest and prudent to park at least the withdrawal request money when in February 20 BTC / EUR was trading in the €9,000 region. Obviously they advised that there were open trades and that the market had crashed. The Covid 19 pandemic worked in their favour to strengthen their argument. Most likely the money had long been gone probably as soon as it touched their account. Do not trust these professional unlicensed Scammers. Disregard the 3 star rating on Trust Pilot as the positive reviews are fabricated. The trading platform is also fabricated, an illusion and is manipulated in stages according to their plan to give it a legal flavour. You will not see a penny of your hard earned savings. They are heartless and an evil team.
4 years ago
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proufx.com has a 2.2 average rating from 25 reviews

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