Does this mean If MIA + James Harrison change their forex broker to a Credible Genuine Licensed and Regulated Forex Broker the problem will be solved right?

So for all MIA members, especially on Manager / Agency Manager / Regional Manager level that read this thread, just push this issue to MIA Management.

It's very rational that MIA can change their broker, just like they have changed the broker from ODIN to FINTECH, so it's not hard to change from FINTECH to other broker like FXCM, OANDA, GAIN CAPITAL, INTERACTIVE BROKERS, just name all Credible Genuine Forex Broker out there.

Because if James Harrison is REAL, then ANY REAL FOREX BROKER will do, MIA+JH will still got 20%-40% of profit sharing.

But if MIA Management are reluctant to do the RIGHT THING .. it's a SIGN that MIA is a SCAM ..

Not much information in their website... Only general information, it seems the important information only passed down by member from sponsor

https://www.sibfx.co.id/index.php?lang=en website is much much much moree informative than http://www.uniontradersociety.com/index.php/en/ ...

is sentratama = UTS ? as local representative in indonesia
or sentratama is one of many broker appointed by UTS ?

in sibfx.co.id described how to invest, flow to transfer to segregated account, etc, btw in sibfx website stated that the company founded on 2000, so it is quite long running investement company, plus point for trust level

This post has been edited by mukidi: Aug 27 2018, 10:02 AM

so how the investment going on? we transfer to local broker ? then give trade password to UTS?

or

UTS have aggrement with Broker (like MIA and FintechFX) ? what is Term & Condition, is there locking period, etc.

what about minimum deposit?

and is there any locking period (cannot withdraw) ?

and how about profit sharing % ? commision fee ? illustration on investment .

btw Why don't they describe all common information in website, so investor candidate can know more about it

Thx

Don't forget about one time fee, maybe it's too high for commission / sales fee

Any trade performance history of Janis?

Proof that he can achieve 3%-8% nett (= 6.6% - 17% gross profit) per month

June / July performance is enough

This post has been edited by mukidi: Aug 28 2018, 11:52 AM

thx for the info .. how about july & august ? can you also share the screenshots? is it still consistent? thx

because June trading is very different from Maxwell Global Trading (based on malaysia) even though they also use Janis as FM ...
I think if Janis got investors from many countries and broker and marketers(like UTS, GFS, MGT, etc), he should apply same trades,
maybe only seconds in time different

they lock fund 1 year, profit sharing 50:50 and also loss sharing 50:50

DrFX, why don't you share how to file complaint to regulator here?

So maybe there will be more people file the complaint, and regulator can make decision based on that.

Is it very complicated ? .. then maybe all scammers out there also know this, so they just casually doing their scam

Thanks .. I just file complain through this link ...

I don't know if my chosen option is the best, this is my report :

Thanks for sharing ... just see on WD number, from ~WD00048XX jump to ~WD00158XX .. it means that from date of 4 sept to 11 sept .. there was more than 11,000 withdrawal request ..

You are lucky that your money already transferred to your account, then your money are safe ..
just go info that some member already go status "Released" from 3 sept, but no money come to the bank account till now.


This post has been edited by mukidi: Sep 14 2018, 10:31 AM

This is email reply from NFA, regarding FintechFX claims about NFA License, I've got it from, https://sites.google.com/view/miafintechfx/...-pertanyaan-mia (bahasa indonesia) :

This is email receipt from my complaint to ASIC,
some information are censored for my safety



so if you please, also file complaint about this issue, so FintechFX will be banned or at least ASIC will give WARNING on their press release about this FintechFX

yes, please update us about your withdraw progress.

In "normal" time .. when you WD from FintechFX the status is "Pending" and max 24 hours will be updated to "Released",

and within 3 to 5 working days, your money will be transferred to your bank account from "unknown" person / company .. that they said as "Money Changer",
sometimes the amount will be split by 2 or more "Money Changer" (don't know why)

Yes, it will turn scam soon, and one of the sign is problem with withdrawal, that's why I also want to know about @Hermione888 withdrawal progress.

My suspicion is the "Money Changer" is bank account created by MIA - FintechFX using false ID, or they buy this active bank account from other person. It's easy to get active bank account (sold in forums) that usually will be used to scam people.

I'm afraid that maybe fintechfx will put blame to "Money Changer", maybe they will say that fintechfx already transfer the money to "Money Changer" but the "Money Changer" run away with client money.

for my case, I deposit via my upline, I transfer the money within same local bank, and my upline will transfer his MIA "Register Point" to my MIA Account ( app.mia491.com ), then I have to choose "Investment - Place Order" menu to send Register Point to FintechFX, and within 24 hours my MT4 Account will be updated.

For bankwire it's more weird, because FintechFX bank account is in AUD, but our MT4 Account is in USD, so there will be double conversion rate from my local bank -> AUD -> USD,

from this point its really clear about their scam, if they trade using USD and they said have segregated account for investor, why the bank account in AUD


For Profit Withdrawal is using application in app.mia491.com, we can "sell" our profit to upline and upline will transfer the money between same local bank or we can choose withdraw to our local bank, then money will be transferred from unknown person/company that they said is a "money changer".

For Capital Withdrawal is using web FintechFX, after certain days money will be transferred from unknown person/company that they said is a "money changer".

Btw after this exposure of MIA - FintechFX scam, they are try to be low key ..
They forbid MIA member to discuss about MIA-FintechFX in social Media or Forum2 like this forum, if found out then your account will be frozen (weird ha... mia can froze our account).
They active in group (whatsapp / telegram) to pacify their member by :
- Keep saying that their NFA license is valid, using many reasoning (haha only stupid idiot people still believe this)
- Keep forwarding Screen Capture that "someone" still trust MIA-FintechFX by deposit big money (70K, 80K, etc) (can be fake screenshot, its easy to create)
- Warning existing member that if they withdraw all capital then will be forbid to rejoin (hehe .. only idiot people want to rejoin)

So beside high level in MIA that want to secure their income, only stupid or naive or greedy people still believe and Join MIA - FintechFX

Just got follow-up email from ASIC, they are investigating MIA - FintechFX issue ...
I also reply to provide more detailed information.



So hope ASIC can ban or at least give official warning is their ASIC Website, so less people will be scammed.

This post has been edited by mukidi: Sep 26 2018, 10:09 AM

Yeah, with cash deposit it's more difficult to track the source of the money
it is clear that fintechfx is breaching law of AML (Anti Money Laundering),

but I'm surprised that my neighbor is still believe in mia - fintechfx

I'm surprised that you still choose to join MIA - FintechFx, are you not googling first about MIA - FintechFx? now it's already a lot of information about Mia FintechFx scam evidence.

Well you can try withdraw your money ... see if it still withdraw-able ... at least you only loss 6% money (3% from deposit fee and 3% from withdrawing fee)

MIA - FintechFX still trying to lure people to invest

Just google Mia FintechFx bro ... every investor should googling first about any investment they want to put their money,

and on this forum you can try read from :

https://forum.lowyat.net/index.php?showtopi...&#entry90041885

And if any MIA - FintechFX member want to defend / reason with us, just post their reason in this forum ...