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I responded to ‘Bitcoin Loophole’ which featured on a BBC programme “Dragons Den’ Something came up on FB about Bitcoin Loophole. I clicked on the article and then followed a link, which took me to Brighter Trade.
I completed the initial info and within seconds I had a call from someone who called himself Sean Hendricks. He sounded foreign (ie spoke English with a foreign accent) He said he was based in London. The number was 020 3769 0293. He was very pushy and wanted me to invest my initial £250 immediately. I told him I don’t operate that way as i want to check things and reflect before I made a decision. He said he didn’t want to deal with me as I wasn’t the sort of client he wanted to work with!
My reflection reveals this is a scam – so beware!
I transferred the amount 250 usd to be able to start, after Brighter trade received the money the stated that they needed to verify the account and needed a lot of personal information, which i am not prepared to give. I requested that they pay the money back into the account that it was received from. They refuse to do this, want a manager to talk to me about investing it , or i must fulfill the verification process (give copies of all my personal details ) to request a withdrawal. which will take 14 days after that.
This is what they want : sounds fishy to me.
THE FOLLOWING DOCUMENTS ARE REQUIRED IN ORDER TO VERIFY YOUR ACCOUNT.
GOVERNMENT ISSUED IDENTIFICATION
Colour copy of a valid Government issued Photo ID
Examples of accepted Photo ID: Driver’s License/ National Identity Card/ Passport.
Expiration date must be valid. The entire document must be present in the copy uploaded including full name, ID number, photo and expiration date.
PROOF OF ADDRESS
Colour Copy of a valid Utility Bill as proof of your current address. This can be a payment request/receipt, sent to your legal address, such as Water/ Electric/ Gas/ Internet/ Land Line Phone bill, or a recently issued bank statement. In order for it to be approved, the utility bill/bank statement must be issued within the last 6 months of submission. The entire document must be present in the copy uploaded including your full name, address, issuance date and utility company logo.
If a Credit Card was used to fund the account, we require front and back colour copies of the Card.
Hi TonyAgrella, did you get your £250 back from Brighter Trade.
I also paid the initial amount and wanted my money back, but they said that I would have to verify my details with the usual information.
I fell for this exact scam except they took £1200 from me . They want all my private delails. No way will I do this. Expensive lesson.. now cannot even log onto the web site. Passwords they send don’t work it’s a scam and this lot are thieves
Help. I got sucked into something called Bitcoinloophole because the video show the men on Shark Tank investing $2 & 1/2 million for 20% of their company & I trust Shark Tank, very savvy business people. So I agree to invest $250 US yesterday & they have taken more than $725 AU in 2 transactions & are asking for same ID as above. What can I do? I am pensioner & now lost everything. I will not give them my ID. Please. what can I do to get my money back?
I invested 500 usd, went through the full verification process, made no trade, asked for my money back. They wanted to know why, I explained it was to see if they would. 12 days later it was refunded. Still not confident …
But in the above examples:- surely Brighter Trade are following rules that mean they only pay out to verified accounts. Verification is a process that you usually have to be prepared to go through to prevent money laundering. Never invest more than you can afford to lose.
I lost 14600 euro, i never gone dimo such å supid thing again..
I have been stung the same way for 500. I paid it to them 2 weeks ago and changed my mind and asked to close my account and return my money. Of course they said . So far no money and now I can’t make contact with Brighter Trade at all. Somehow they have blocked any way of contacting them. 81 years old and I got stung! No fool like an old fool. I just cannot afford a loss like that.Colin.
I’ve got sucked into Btighter Trade scam aswell. When I want to close my account. A lot of stories. Lost 10000USD
Brighter Trade is a SCAM !! I requested my USD $250 back after the first phone call. They wanted to remotely access my computer to “help me load their software”. They tried to up-sell me to a USD25,000 trial investment because the software doesn’t work well with smaller amounts ?? I’ve had to insured my identity for theft. They are refusing to refund my USD250. I’ve told them I just want it back to see if they would return profits. They don’t. It’s a SCAM.
Hi, I invested US250.00 with Brightertrade, went through the process of identification. They traded and lost US172.00 whilst I thought they were showing me the system. Wasn’t happy and asked for my balance of US 68.00, was then told minimum withdrawal was US100.00. then went to deposit further funds to enable the withdrawal to find the account empty.
It is a complete SCAM.
Introduced to this after watching the Shark program, where they supposedly invested $2m.
Hello, After seeing the Shark Tank comments on-line, I invested the US$250 to start with and then they asked for all of the ‘sensitive’ information mentioned by Tony Agrella (et.al) above which I wasn’t prepared to give them. After all, with that information they can create a duplicate identity and then I have to battle with “Identity Fraud”. No Way!
I asked for a refund and I was told “No verification = No refund of deposits”. I asked for a refund MANY more times when answering their calla and in emails to their office. The answer is always the same.
I then find out that even though they say “No Fees” or “Fee Free” account, if you do not trade within the first 30 days then your account is debited a certain percentage. The next Month the same, and in the last month, the balance, so in three months there is nothing left. They say that this is all covered in the “Terms and Conditions and by making the initial deposit that is “agreeing to the Terms and Conditions”.
They ring me (trying to get more money out of me) from a South Australian number which Optus tells me (when I ring back) “The number is Not In Service”. Last night they rang at a quarter to midnight. I didn’t answer.
Definitely “Scammers’. BEWARE!!!!!!
I did manage to get my initial investment back but the profit is still processing and has been for about 5 weeks. They claim there is a oroblem with wire transfers. Total scam. Leave well alone
Agree with all the above comments. This outfit is an absolute scam. BEWARE!!
I’m in the same situation, deposited 250 and pushed me further 500. Now asking me to verify the account for the refund. Any other solutions to get rid of these scammers?
My name is Stephen Ward. .Do NOT invest with Brightertrade! They don’t add promised bonuses or always add profitable trades to your account. They don’t respond to emails or fob you off with automated replies. My account manage, a South African who goes by the name of David Miller is a their and a liar. Who’s ‘advice’ cost me around $5000. I placed a request to withdraw my remaining funds but after assurances it was being dealt with and waiting the mandatory 10 days, still no refund. Now, they are complete ignoring me. They are robbing bastards, do not trust them
do not go with this mob.
I put in $250 and was phoned within 5 minutes by Josh Miller.
After this initial conversation, i did not respond to their calls. they rang me twice a day about three times a week, for about 10 weeks. i finally answered andn spoke also to DAVID MILLER the sth African from London.
He spent one and a half hours trying to persuade me to take him on as my fund manager. i continued to opt to use the automated software currency trader, with much dialogue.
my initial $250 was eaten to $73 by their inactive fines. i bought $40 of USD and my balance is now $1.73. there is nothing showing where the bucks have gone.
David hasnt rung me…. 🙁
i did not provide identity documents they requested, glad to read many others didnt too.
i have cancelled the card i used to sign up with these people.
i was curious, and knew it was risky. But it is very blatant and so easy to give them your money.
And why would aa ‘manager’ from London spend 1.5 hours on the phone, and send me emails for a grand investment of only $250?!
I also fell for the “Shark Tank” scam and invested 250US. After many conversations with “the owner David” who apparently has millions of customers, he emailed me saying I had confirmed a further payment of 1000US.
Realising I had been scammed I asked for a refund with the same response as others. They wanted all my personal details. NO WAY! I threatened several times that I would report them to the ACCC.
Finally got my refund! Now I keep getting emails and text messages that I can’t stop!
Brightertrade is a total scam. Avoid them.
hey are the same organization as the big scam Plusoption , and Greenfield Capital. Keep far away from GFCInvestment, a new Greenfield Capital . In the same organization you will probably find Trade Financial. One in Australia the other New Zealand. If you got scammed by those make report on Action Fraud in U.K. They have no license and have no legitimacy for their sercive
I too was sucked in with a deposit of £250 because the dragons on Dragons Den had been so enthusiastic (so it was said as I didn’t see the original programme). Within seconds the phone rang but my wife answered, found a foreign accent asking for me, assumed a scam and terminated the call. I was then bombarded by e-mails. One said, about their aims, “Our goal is to disrupt the business and making you part of this wave, ensuring that you are always one step ahead of the curb (their word)”. This rang alarm bells. One of their “traders” rang the next morning but it was inconvenient and he agreed to ring again after the weekend. This gave me plenty of time to research sites such as this as I had grave doubts. One e-mail from a “Dianne Wilson” asked me for the verification that others have mentioned. I’d found out that this was an Estonian company and no way was I going to send any personal details there. She rang me so I put questions about the above sentence and other concerns to her. Her e-mail titled her as “Senior Account Manager” but she refused to answer by saying she was only a Secretary! By the time my personal “Chief Account Manager”, “Dustin Smith”, phoned I had already had a conversation with a man from “Compliance” and told him I was not going to invest and I wanted my money back. Yes, I got all the spiel about having to verify myself, which I refused. I’d also read their Terms and Conditions by then and found that, yes, for withdrawals verification was a requirement but they could do a refund to one’s account without it. I stuck to this line from then on, even having to read to them their own terms and conditions. I got it returned about 10 days later and only lost the credit card fee that was charged for a money transfer. Since then I’ve had other phone calls and e-mails from these idiots but now all blocked. One final thing – why to they all have English names but then speak with Russian type accents?? Answers on a postcard to ……..!
A disgusting scam. I have just logged in to find they have taken 2 inactivity fees!! I have complained via live chat and said will take this further. There were no notifications what so ever that they were going to do this. We have notifications for everything today- this was a deliberate act therefor. I have demanded the fees put back into account.Has this happened to anybody else?!!
I got scammed by brightertrade does anyone now if the bank can retrieve the deposit if made by credit card?
Stay away from this BrighterTrade! A big Scam, nothing else. If you have been scammed by this gang. Make areport to ActionFraud ! I did and also areport to BCR ( Broker Complaint Registry).
Beware Brighter Trade!
I lost $500US after getting sucked in by their phony Dragon’s den endorsement. Money disappeared and they closed my account after two weeks.
Three months later I’m still getting phone calls and emails.
Same brand of Plusoption and Greenfield Capital.This websites are not on the web for trading. Instead only for scam innocent people.
The most disgraceful company I have ever dealt with. After investing £400 I trade, lost and then wanted to withdraw the £250 I had left.
They refused to do so asking for personal details, as above. I refused to do so and after a lot of abuse from their account managers they gave me my money back.
After that I had calls 3 or 4 times every day and every time I told them to remove me from the database. No joy, continued calls. They have harassed me for months and however polite or rude I am they keep calling.
DO NOT USE THEM.
Brighter trade need to be brought down and all concerned put in jail at the very least…If this was happening in China the government would have rounded up all concerned and shot them.. We might need to ban together and place a contract on the scumbags, since the goverments around the world are so week and only interested in keeping their own jobs.
Stealing from the people that can least afford it is a real low act, showing these people have lost their moral compass!!!
We used brigther trade from oktober the 9th, we won a total of €14650.
But refund off the whole no way, after a several off phone calls NO REFUND!!!!
Sp unfortunatelly a scam I think.
I wish I’d read all these comments sooner, I’ve lost £30,000
they’re very convincing over the phone and add bonuses to your account, my balance was at £98000, I asked to make a withdrawal but they said I couldn’t while I had active trades, and didn’t want to close them and loose money, the next call I got was telling me to close all trades immediately, that’s when my balance had all but disappeared!
Now I have no money and I’m in debt and they’re asking me to deposit more so I have money to trade with so I can make my losses back.
please anyone thinking of trying any trading AVOID this company!!!
Glad I googled brighter trade before we invested anything. They’re using the morning show in Australia to scam people here too. Annoyed that I gave them my email address and phone number but it could have been much worse. Hoping they dont even bother calling or emailing me.
No money lost Thank God!!
They are a massive scam, I put $250 in with Bitcoin to see where it would go, 3 calls a day, emails etc daily, all they want is more cash.
i told them I wasn’t investing anymore and the calls got more frequent, told them I wanted to withdraw my money, when I checked they said as I had not answered calls and emails (I did answer) and my account had no activity for 2 months they had took the money for administration.
sufice to say I tore the guy a new arsehole on the phone, he just kept saying invest more and you’ll get it back.
im going to report them to the on line fraud squad and see where it goes.
avoid at all costs scammers.
Would like to find out where there call centre is.
At the primary begin of entering the Brighter Trade ‘Mr. David Price’, the senior account manager, had clearly explained to me that the account belongs only to me, that I can visit the account at any moment, that I can deposit and withdraw money from the account at any time and that I can close the account at any time. I had trusted him completely. He makes me aware that he is the boss and will be my guide and be responsible for the process. He assures me that I will make every week at least €5000 profit.
Very soon I discover that I cannot withdraw money from the trade account. When I ask him about the possibility of withdrawal funds from the account, he escape the subject.
David Price had a computer program and he can look at my saving account, so he can see how many funds I have in the account. He always exerts pressure on me to deposit more money on the trade account, explaining that by doing so the profit will exceedingly increase. That is why I had deposited in total €64000 in the trade account. The last day in December 2018 he had fierce argument with me when he told me I must deposit money in the trade account, and I told him that I don’t have any money to do this. He was very angry, and he want that I must take a loan of € 25000 at my bank. I told him that is not possible. When I open the trade account the next day, I see that it is dropped from €70000 to €122. I tried several times to contact him and when I finally succeed, he told me that the drop is due to my bad luck in the trade market, that all my money is lost in the trade market.
In conclusion: I totally do not believe the mentioned explanation. In my opinion David Price and the Brighter Trade has taken all my money, they had calculatingly scammed me. Since they discover that I do not have any money left, they transfer my money to another account. My experience with Brighter Trade is awful, outrageous, for me my contact had a suicidal effect. My contact with Brighter Trade has make me the unhappiest person in this planet.
It is a scam. When you leave they keep most of your money and they sell your name and contact details to other scammers.
I receive 4 calls a day each and every day from persistent scammers, form all over the world. RUN and don’t look back!
Lots of (negative) insights so far from people who have been burned or singed by the hard sell \”Account Managers\” in the Estonian Contact Centre. I considered testing the system with a small investment but have decided now to save my money and time.
My initial interest was as a result of Andrew Forrest (allegedly) disclosing his latest money making venture to Waleed Aly on Chanel 10’s The Project. However, it\’s hard to verify but the Andrew Forrest video clip may date back to 2015. The promo is published by https://www.piop.net/locate-categories/bitcoin/ and is a rolling self promotion with the same stories with “Here’s the deal” continuously repeated. A monstrous pile of Clickbait horse manure.
The first inbound sales phone call arrived within seconds of registering interest in opening an account. The phones calls have continued now for three days but I have resisted pursuing my initial interest. They are too persistent and will not accept “let me get back to you in my time” and continuously focus on the present never to be repeated opportunity. When it seems too good to be true it probably is. Has the sound and appearance of Scam all over it.
they are bigtime scammer! they stole 18500 euro from me in less than 30 min. last year September. Sinds then they keep calling me to put money in the account so i can get my money back. they are thieves and lyers and they will do anything and say anything to make you feel special and promise you the moon. i have bin so naive and stupid to believe it and desperate sinds. all the victims of Brightertrade should come together and fight for our money .maby take a lawyer together like a collective and make these lyers pay fot what they are doing. I hope one day we will get them back but i can not do it alone.
I have lost 1000s of pounds with Brighter Trade. I was past from one dealer to another each one lost money and you do not hear from them again and yet they are still asking me to invest more money. Twice I have been contacted my are ‘senior manager’ who will help me recover my lost money, which basically means me transferring more money into my trading account but you do get bonus to top up the money you have invested , when I was offered these ‘bonuses’ I said ‘what is the catch’ the reply was there is no catch the monies yours , but try drawing it out and you are told you can not draw it out because it is a bonus!
These ‘traders’ are either grossly incompetent or, as I suspect, it’s a SCAM, this coupled with my mind numbing stupidity means they get an early Christmas.
If any one knows how to get their money back I would like to know, but I am 99% sure it has gone for good.
Please DO NOT USE BRIGHTER TRADE. It is too late for me and it would seem too late for many others.