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let me repeat what i have already said in a previous post. the liquidator (mr sebastien micotti) is ONLY looking at aleccofx SA and spacevision SA (ie the swiss based companies).
anyone who has opened an account sending money to lebanon (the majority of us) will not benefit from the swiss investigation.
i personally talked to micotti and he confirmed they are only looking at the funds frozen in ubs geneva. so if you sent the money to lebanon you can forget about all your legal actions!
Quote:
Originally Posted by swagboy
I only received the jpeg letter through my platform, I didn't even get one in email...
One point to clarify: Spacevision SA and AleccohFX SA were declared INSOLVENT due to violation of banking laws, not BANKRUPT. The money should be there, frozen in the accounts. If the money is not there (spent, removed, stolen, whatever), all account holders have grounds for additional legal action.
I have heard this from another account holder also. It doesn't make any sense to me, because the funds were credited to AleccohFX SA once the new company was formed... so presumably they didn't vanish like a fart in the breeze all of a sudden.
Anyway, you are right, in the end. One big shaft all around!
Has anyone actually verified that the supposed 'ongoing legal action' is legit? The fact that Aleccoh is still hanging around would seem to indicate he is in the same boat as the rest of us - just hoping the account where he pooled all our deposits (and probably his own) still has some money in it! Not looking good at this stage though...
As I suspected, it seems that the ------.SA officials are still stalling.
The good news is that the personal funds of Mr. --- (president of -----.SA) are frozen and I believe from unofficial sources that the funds are there, the bad news is that the Swiss Authorities are unfortunately slow in their proceedings.
Concerning the question concerning the Veracity of the law suit, please mail me at aleccoh@aleccohfx in order to send you the heavy lawyers bills I am receiving and paying.
__________________
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
Concerning the question concerning the Veracity of the law suit, please mail me at aleccoh@aleccohfx in order to send you the heavy lawyers bills I am receiving and paying.
Does it imply everybody's money is gone in legal fees?
It's laughable that Mr. A has become a "one of the investors" suing the big bad company all of a sudden, and have the audacity to complain about stalling. And he acts like he did all his investors a favor by paying for the legal fees (if it actually happened). Someone tell Mr. A that's what you are obligated to do as a company when you start charging people and taking their money, and don't provide an actual service now. I forgot, are you an independent broker or just a spacevision white label?
Don't think the thought didn't occur to me. Of course, the issue of domicile and the cost associated with a lawsuit is a challenge.
Quote:
Originally Posted by jbfx
It's laughable that Mr. A has become a "one of the investors" suing the big bad company all of a sudden, and have the audacity to complain about stalling. And he acts like he did all his investors a favor by paying for the legal fees (if it actually happened). Someone tell Mr. A that's what you are obligated to do as a company when you start charging people and taking their money, and don't provide an actual service now. I forgot, are you an independent broker or just a spacevision white label?
The "stalling" story now looks an awful lot like Mr A doing the stalling ahead of the bankruptcy deadline. What is there to stall about? The liquidators were very clear the accounts were frozen and inaccesible to the principals of the businesses. So what was all this nonsense about releasing funds? Total garbage IMHO.
Aleccoh, if you are able to explain a plausible story for this, with evidence, there are many who would liek to know.