In the past 3 months, the WikiFX exposure channel has received a number of complaints about the forex broker ALTMAN FINANCE. The complainants were mainly from the U.S., India, Japan and other regions, and the content is mostly about the inability to withdraw funds.
To prevent more innocent investors from being cheated by ALTMAN FINANCE and losing their hard-earned money, the WikiFX team decided to dig deeper into this shady platform!
By checking WikiFX App, you can see that ALTMAN FINANCE is only scored 1.25/10. At the same time, the broker shows no regulation for the time being. In other words, ALTMAN FINANCE is very risky!!!
The Shady Side of ALTMAN FINANCE
As of now, the website of ALTMAN FINANCE (https://www.altman-inc.com/) is not available. There is no doubt that this shady platform has run away after defrauding the investors' money.
Based on the information online, we found that this shady broker claims to registered in the United Kingdom. However, we checked the official website of the local regulator FCA but could not find any information about the company. In other words, ALTMAN FINANCE is not a legit broker.
The Complaint from A Victim
Recently, WikiFX receives a complaint from Mr. KUMAR, an Indian trader who invested in ALTMAN FINANCE. This trader told WikiFX that ALTMAN FINANCE refuses to let him withdraw. This is real-name reporting. Here's the victim's passport.
According to Mr. KUMAR's description, ALTMAN FINANCE first contacted him via Facebook, then shared the CMHK Hong Kong prepaid number +85269387396, and continued to keep in touch via Whatsapp and Line. It is clear and easy to see that the purpose of it is to attract Mr. KUMAR into the game. The following is the information provided by Mr. KUMAR regarding the contact person.
With constant recommendations from customer service, Mr. KUMAR unsurprisingly managed to open an account with ALTMAN FINANCE and trade on MetaTrader 5 offered by the broker.
Mr. KUMAR said that he believed that ALTMAN FINANCE controlled the MT5 platform, but in fact did not make any trades. In addition, the broker constructed false profits to keep him invested.
In the end, when Mr. KUMAR reflected and tried to withdraw from ALTMAN FINANCE, he was unable to withdraw his funds. And now the broker has run away!
WikiFX's Latest Findings
On the UK public sector information website gov.uk, we found a company registered at the same address as ALTMAN FINANCE. The evidence is as follows:
Therefore, we have reason to suspect that ALTMAN FINANCE is trying to commit fraud under a new name – RUILONG INVESTMENT! Investors are also advised to be alert if the latter makes contact with them!
Conclusion
We believe that ALTMAN FINANCE is getting involving in a scam. Protecting the legitimate rights and interests of forex traders are always the primary concern of WikiFX. The reason why WikiFX exposed this case to the public is to remind all traders of the potential risks. We are After all, what happened to Mr. KUMAR could happen to any of us. All traders should be vigilant when investing in a broker.
WikiFX is actively reaching out to the victim and other traders hoping to find more evidence to help him resolve the problem. Please stay tuned for more information.
WikiFX keeps track of developments, providing instant updates on individual traders and helping investors avoid unscrupulous brokers. If you want to know whether a broker is safe or not, be sure to open WikiFXs official website (https://www.WikiFX.com/en) or download the WikiFX APP through this link (https://www.wikifx.com/en/download.html) to evaluate the safety and reliability of this broker!
As a reminder, please turn to WikiFX when encountering unknown forex platforms. More caution, more safety!