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Today, Monday 31st of March 2008 at 2:30 PM , i received a call from the administrator of ----------.SA stating that they want to settle for ALL the funds if i withdraw my Criminal case.
I will be in touch with my lawyers in Geneva to see with them the possibility of expediting this in order for all the accounts holders to receive their money back ASAP.
Of course, this could be yet another Stalling technique, but i will persue it to the end.
I wont rest untill every cent is retrurned to the right owner.
Then, and only then will i respond to the people they doubted my integrity (and i dont blame them, believe it or not).
__________________
Good Day
aleccoh
After Spending Years Looking ForThe "Perfect Broker"
We Decided That The Best Course of Action To Serve Our Clientelle Was To Open Our Own
Today, Monday 31st of March 2008 at 2:30 PM , i received a call from the administrator of ----------.SA stating that they want to settle for ALL the funds if i withdraw my Criminal case.
I will be in touch with my lawyers in Geneva to see with them the possibility of expediting this in order for all the accounts holders to receive their money back ASAP.
Of course, this could be yet another Stalling technique, but i will persue it to the end.
I wont rest untill every cent is retrurned to the right owner.
Then, and only then will i respond to the people they doubted my integrity (and i dont blame them, believe it or not).
Aleccoh, before going on the offensive in a reputation-restoring campaign, at least have the courtesy of responding to those of us who have yet to receive any explanation of why all this occurred - YES, SOME OF YOUR CUSTOMERS STILL HAVE NOT BEEN CONTACTED, DESPITE EMAILING YOU PERSONALLY AS SUGGESTED 4-5 DAYS AGO!
Today, Monday 31st of March 2008 at 2:30 PM , i received a call from the administrator of ----------.SA stating that they want to settle for ALL the funds if i withdraw my Criminal case.
I will be in touch with my lawyers in Geneva to see with them the possibility of expediting this in order for all the accounts holders to receive their money back ASAP.
Of course, this could be yet another Stalling technique, but i will persue it to the end.
I wont rest untill every cent is retrurned to the right owner.
Then, and only then will i respond to the people they doubted my integrity (and i dont blame them, believe it or not).
That certainly sounds like good news, IF IT HAPPENS. I'm a little surprised they did not contact your lawyer to settle the case in the first place. Just doing some due diligence, and we do not know your association with Spacevision and the confusing nature of this whole relationship. Also, your slow and vague dissemination of information is what got you a lot of heat from posters like myself. I hope this all settles.
That certainly sounds like good news, IF IT HAPPENS. I'm a little surprised they did not contact your lawyer to settle the case in the first place. Just doing some due diligence, and we do not know your association with Spacevision and the confusing nature of this whole relationship. Also, your slow and vague dissemination of information is what got you a lot of heat from posters like myself. I hope this all settles.
As a (true) service to others on this forum, would those that actually had money in AleccohFx please report back (in appropriate time) whether they get all, some or none of their account returned to them? Just a brief honest account of what happened and whether it ever gets resolved will weigh much more powerfully then the endless conjecture.
Thank you all, and my highest hopes Aleccoh is true and you get your money back.
As a (true) service to others on this forum, would those that actually had money in AleccohFx please report back (in appropriate time) whether they get all, some or none of their account returned to them? Just a brief honest account of what happened and whether it ever gets resolved will weigh much more powerfully then the endless conjecture.
Thank you all, and my highest hopes Aleccoh is true and you get your money back.
-Derk
Derk, I really don't understand posts like yours - you imply that those of us that are critical of Aleccoh's motives, express this doubt using baseless facts, mere supposition. Whereas I and others have posted not just our doubts of his sincerity and motives, but also what I see as undeniable proof that Aleccoh is not all that his smarmy style of posting portrays. I challenge you to point out just one fact (as I see it) that I have posted that doesn't bear up under the litmus test. Then check out Aleccoh's numerous statements that time itself has shown to be untrue - active filtering of feeds, withdrawing of scalping service when it proved unprofitable, repeatedly preaching that scalping is illegal but is an active scalper himself, failure to fully disclose his White Label/IB status etc. etc. - the list goes on and on, but you seemingly think it's all conjecture...
btw, just visit the Aleccohfx website itself and witness another indication of insincereity firsthand - the 'Funds Safety' information, dead-smack in the middle of the main page, has been left unaltered, despite the current debacle, whereas other info, such as the increase in opening account size has been modified accordingly...
What about Best Trader Award 2007 posted at AFX webiste, who were the participating MM and IBs, the organizers and who announced the award??????
Best inter MM-IB Trader Award 2007 For aleccoh Trading Team
The aleccoh Trading Team along With other Well Known IB's and Money Managers, Participated in the inter IB-MM Challenge of 2007 Which stipulated that, in order to win the Challenge a Trading Team had to post on a Live Forum a Challenging Proposal : 200 pips Free in a week For every account Holder until the 10 000 pips in a Month Target is Reached.
Our Trading Team Participated and Won the challenge in Front of Thousands of Forum Members Producing 11 000 pips in 28 Days
Last edited by fire_starta; 04-03-2008 at 03:06 PM.
What about Best Trader Award 2007 posted at AFX webiste, who were the participating MM and IBs, the organizers and who announced the award??????
Best inter MM-IB Trader Award 2007 For aleccoh Trading Team
The aleccoh Trading Team along With other Well Known IB's and Money Managers, Participated in the inter IB-MM Challenge of 2007 Which stipulated that, in order to win the Challenge a Trading Team had to post on a Live Forum a Challenging Proposal : 200 pips Free in a week For every account Holder until the 10 000 pips in a Month Target is Reached.
Our Trading Team Participated and Won the challenge in Front of Thousands of Forum Members Producing 11 000 pips in 28 Days
Yes, while it has been the basis for this thread, and with a real "in-your-face" presentation on the site itself, you will notice that it is woefully sparing in details - never a mention of who the 'competition' was, never a mention of the dollar-value (very important) involved, and never a mention of the trading strategies allowed. The last point is even more important as Aleccoh as continuously pointed out, scalping is "illegal" whereas news-trading is not "real trading" (despite it being nothing other that a 'break-out' strategy). So I would really like to have seen the T&C of this 'MM-IB Trader Award 2007' - 'cos the very first thing you'd notice is that none of the MT-broker related restrictions would be in evidence (all of course assuming it actually existed to begin with..)
It was never clear to me if the 'MM-IB Trader Award 2007' included, or even was, this threads "200 Pips Challenge". If this is the case, then we know the vast majority of this 200 pips was achieved on nano-lot accounts - 200 pips = $2, time for a little perspective: stick any reasonable scalper or martingaler on multiple pairs using nano-lots and you will easily achieve 200 pips (again, $2) in a relatively short period. Moreover, the risk involved running scalpers, and especially martingalers, on each 'series', would perhaps be around $20 - reasonable, considering the 'free' publicity generated. The thing to realise is that this risk increases exponentially - it's fine for $2 bucks, but most here are looking to make more than that, with relatively small accounts, and this "challenge" would fail utterly in that respect. Aleccoh himself seems to acknowledge this, indirectly, by setting the minimium account size for managed standard accounts at $25,000, and directly by stating in this thread that he was not prepared to include standard accounts in the challenge. Customers were also informed that they would have to accept a 70% d/d "Close-all" to trade this 'strategy' - seems a mite risky to me...
To all aleccohfx accounts holders
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