• Report: #1084776

Complaint Review: Solomon Layb -YOKOHAMA MERCANTILE EXCHANGE - Nelcast Limited

Thank You

Read how Ripoff Report saves consumers millions.

  • Submitted: Mon, September 16, 2013
  • Updated: Fri, November 22, 2013

  • Reported By: Vincenzo — ITALY CASERTA New York
Solomon Layb -YOKOHAMA MERCANTILE EXCHANGE - Nelcast Limited
Roppongi Tower Chiyoda Business Park Chiyoda-ku Hong Kong, Other Hong Kong

Solomon Layb -YOKOHAMA MERCANTILE EXCHANGE - Nelcast Limited Financial Investment fraud, Option market, RBU13 Yokohama Japan Hong Kong - Tokyo - Yokohama - Japan Hong Kong

*Consumer Comment: TO ALL INVOLVED/ A TUTTI I COINVOLTI

*Author of original report: reported to Hong Kong police and italian postal police

*Author of original report: reported to Italian Police (Polizia Postale)

*Consumer Comment: What to do now!!!

*Author of original report: Economic fraud Financial broker scam, RBU13, Crude Oil option, FRAUD Solomon Layb, YKMEX "Yokohama mecantile exchange, Nelcast Limited

What's this?
What's this?
What's this?
Is this
Ripoff Report
About you?
Ripoff Report
A business' first
line of defense
on the Internet.
If your business is
willing to make a
commitment to
customer satisfaction
Click here now..

Does your business have a bad reputation?
Fix it the right way.
Corporate Advocacy Program™

SEO Reputation Management at its best!

COLD CALL IN ITALY,  RBU13, Crude Oil option, FRAUD Solomon Layb, YKMEX "Yokohama mecantile exchange, Nelcast Limited

Ciao, I was living my normal life in Italy, when at the beginning of July 2013 I received a cold Call from a Marketing research company of Shanghai, they asked me if I was eventually interested in any financial investments.

After some days I was called by Dominic Marek from Solomon Layb

Solomon Layb is the investment broker for the YKMEX "Yokohama mecantile exchange" in Japan.

I did my researches and It seemed all true Even on Bloomberg you could find their prospectus. It seemed to be a trusted company with high credentials.

 

He convinced me to trust him and I "invested" 5K USD on the mercantile option  RBU13, Crude Oil option.

I excepted their offer, Filled in the forms, and on the 4th of July I send them back to their office opend up a account on www.YKMEX.org and made the money transfer to :

Beneficiary Name: Nelcast Limited
Beneficiary Address:
Kowloon Center
Ashley Road
Tsim Sha Tsui
Kowloon
Hong Kong
Bank Name: Hongkong and Shanghai Banking Corporation
Bank Address:
Ocean Centre
Harbour City
Tsim Sha Tsui
Kowloon
Hong Kong
Account Number: 053 417 697 ***
Swift Code: H S B C H K H H H K H
Payment Reference No.: SL070413MF

After that The senior investment manager "mr". Micheal Reed took over my account.

He contacted me several times to convince me to step in with more money to make a so called "straddle" He wanted me to invest an additional $ 20.000,-

According to him with $40.000 they could start the straddle.

I refused and told him first to executed my redraw order. They informed me that it was only possible after the end of RBU13 on 27 august 2013.

RBU 13 moved well - my current balance should have been very near to have a so called straddle and Michael Reed told me he managed to requeste me only 5K USD to gain a lot, and according to the false account of YKMEX at the moment I should have had 386K USD 

It doesn't here, because I was very much worried about taxes payment on such this big amount of money

and according to the double taxation agreement between Italy and Japan I had to pay 0,6% local TAXES

and so I did, on the 30 of July  I trasfered  circa 5K USD more on:

 

Beneficiary Name: Nelcast Limited
Beneficiary Address:
Kowloon Center
Ashley Road
Tsim Sha Tsui
Kowloon
Hong Kong
Bank Name: Hongkong and Shanghai Banking Corporation
Bank Address:
Ocean Centre
Harbour City
Tsim Sha Tsui
Kowloon
Hong Kong
Account Number: 053 417 697 ***
Swift Code: H S B C H K H H H K H
Payment Reference No.: JPT-640160YK13

 

I was supposed to wait 45 days for  my Japanese tax number.

On the 30th of august i contacted customer service of ykmex. I wanted to know when the redrawhal transfer would be sent out. I got i confirming email from Mrs. Ana Wan Lee :

 

Dear Mrs. Ferraro,

Herewith we would like to confirm that a clearing member has been assigned for the transfer of your funds, for Friday, September 6th, 2013. Upon initiation of your transfer, we estimate a time frame of 3-5 business days for the transfer to be completed.

Please be advised that a package, including the complete documentation pertaining to your account, will be posted to you on Monday, September 9th, 2013.


Regards,

Ana Wan Lee
Compliance Department

 

On the 11th of september i checked my bank account again and nothing happend yet then I went again online but the YKMEX.org site was off-line. The same with Solomon-layb.com.

I am going to report them to internet police

PLEASE HELP!!!


This report was posted on Ripoff Report on 09/16/2013 12:08 AM and is a permanent record located here: http://www.ripoffreport.com/r/Solomon-Layb-YOKOHAMA-MERCANTILE-EXCHANGE-Nelcast-Limited/Hong-Kong-Other/Solomon-Layb-YOKOHAMA-MERCANTILE-EXCHANGE-Nelcast-Limited-Financial-Investment-fraud-1084776. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report.

Click Here to read other Ripoff Reports on Solomon Layb -YOKOHAMA MERCANTILE EXCHANGE - Nelcast Limited

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Search Tips
Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?
REBUTTALS & REPLIES:
3Author 2Consumer 0Employee/Owner
Updates & Rebuttals

#1 Consumer Comment

TO ALL INVOLVED/ A TUTTI I COINVOLTI

AUTHOR: mccam - ()

Hello Everyone,

please read further steps to take:

1. send email to HSBC FRAUD CENTRE in Hong Kong: I have done so and if they receive many reports, it could be good and they will invesigate the bank account.

address is: DFV.ENQUIRY@HSBC.COM.HK

 2. ask you banks to send "CABLE CANCELLATION REQUEST"  to HSBC of your bank draft: the NELCAST account is still open.

 3. If you have reported officially to Police, we must try and send each other the references of the claim. We have to coordinate the claims.

My email is yokohama1_2013@libero.it

If you send me a personal email we could get into contact.

 4. file a claim to Government Authority on Exchanges (in Italy CONSOB)

 Buongiorno

vi prego di continuare il ns. lavoro di denuncia con altri 4 passaggi, se non li avete già fatti. Non so se arriveremo al risultato, ma penso che dobbiamo fare tutto il possibile per provarci.

1. mandare email all'HSBC CENTRO FRODI di hong kong: io l'h*o fatto e se ricevono molte denuncie, puo' essere ottimo e possono indagare sul conto.

indirizzo è: DFV.ENQUIRY@HSBC.COM.HK

Se volete, all'indirizzo a seguire vi posso mandare il testo di email in inglese già scritto ieri.

 2. chiedere alle vs. banche di fare un "RICHIAMO DEL BONIFICO" alla HSBC, in quanto il conto NELCAST è ancora aperto.

 3. Se avete fatto denuncia alla Poliza Postale, dovremmo vedere di informare le rispettive stazioni delle denuncie degli altri coinvolti.

la mia email per questo uso è: yokohama1_2013@libero.it

Se mi inviate copia, io vi invio la copia di denuncia da me fatta

 4. inviare denuncia alla CONSOB all'indirizzo  dtc@pec.consob.it

all'attenizone della dott.ssa Silvia Ulissi, Ufficio Tutela Consumatore, Vigilanza su Fenomeni Abusivi

 

Respond to this report!
What's this?

#2 Author of original report

reported to Hong Kong police and italian postal police

AUTHOR: V - ()

Dear Sir,

      I refer to your email report which has been received and put under HK Police reference with LM (354) in KW YT CON 73/71/2013.

      Your case is handling by District Investigation Team 4 Yau Tsim District for investigation.

      Should you have any further information, please email to their office thro' email address at ip-sip-dit-4-ytdist@police.gov.hk.


Regards,

Woman Detective Sergeant YU
District Intelligence Section
Yau Tsim Police District
Hong Kong Police Force

Respond to this report!
What's this?

#3 Author of original report

reported to Italian Police (Polizia Postale)

AUTHOR: V - ()

reported to Italian Police (Polizia Postale)

and I wrote to Hong Kong Police

Respond to this report!
What's this?

#4 Consumer Comment

What to do now!!!

AUTHOR: mccam - ()

To everybody involved:

1. Report to National Police immediately (in Italy "Polizia Postale": tell them that there are AT LEAST 6 other people involved / 1 in Netherlands, 1 in Slovenia, 4 in Italy, and also that Hong Kong Police are investigating too)

 

2. Report to HONG KONG POLICE at: ip-sip-dit-4-ytdist@police.gov.hk

 They have a investigation going already! Refer to investigation number 73/71/2013, headed by MR.FUNG.

 

3. We should also report to Japan Police, and I am trying to find out how.

 

Will let you all know!

 

 

 

 

 

 

Respond to this report!
What's this?

#5 Author of original report

Economic fraud Financial broker scam, RBU13, Crude Oil option, FRAUD Solomon Layb, YKMEX "Yokohama mecantile exchange, Nelcast Limited

AUTHOR: Vincenzo - ()

  Financial broker scam,  RBU13, Crude Oil option, FRAUD Solomon Layb, YKMEX "Yokohama mecantile exchange, Nelcast Limited 

Economic fraud

COLD CALL IN ITALY

Ciao, I was living my normal life in Italy, when at the beginning of July 2013 I received a cold Call from a Marketing research company of Shanghai, they asked me if I was eventually interested in any financial investments.

After some days I was called by Dominic Marek from Solomon Layb

Solomon Layb is the investment broker for the YKMEX "Yokohama mecantile exchange" in Japan.

I did my researches and It seemed all true Even on Bloomberg you could find their prospectus. It seemed to be a trusted company with high credentials.

He convinced me to trust him and I "invested" 5K USD on the mercantile option  RBU13, Crude Oil option.

I excepted their offer, Filled in the forms, and on the 4th of July I send them back to their office opend up a account on www.YKMEX.org and made the money transfer to :

Beneficiary Name: Nelcast Limited
Beneficiary Address:
Kowloon Center
Ashley Road
Tsim Sha Tsui
Kowloon
Hong Kong
Bank Name: Hongkong and Shanghai Banking Corporation
Bank Address:
Ocean Centre
Harbour City
Tsim Sha Tsui
Kowloon
Hong Kong
Account Number:xxxxxxxxxxxxxxxxxxxxxx
Swift Code: H S B C H K H H H K H
Payment Reference No.: SL070413MF

After that The senior investment manager "mr". Micheal Reed took over my account.

He contacted me several times to convince me to step in with more money to make a so called "straddle" He wanted me to invest an additional $ 20.000,-

According to him with $40.000 they could start the straddle.

I refused and told him first to executed my redraw order. They informed me that it was only possible after the end of RBU13 on 27 august 2013.

RBU 13 moved well - my current balance should have been very near to have a so called straddle and Michael Reed told me he managed to requeste me only 5K USD to gain a lot, and according to the false account of YKMEX at the moment I should have had 386K USD 

Because of I was very much worried about taxes payment on such this big amount of money I was contacted by Hendric Lawrence from YKMX +815058065635 who started for me a procedure for the Certification and Resolution for Capital Gains and the Application for Treatment under Double Taxation Agreement

And according to the double taxation agreement between Italy and Japan I had to pay 0,6% local TAXES and so I did, on the 30 of July  I trasfered  circa 5K USD more on:

  Beneficiary Name: Nelcast Limited
Beneficiary Address:
Kowloon Center
Ashley Road
Tsim Sha Tsui
Kowloon
Hong Kong
Bank Name: Hongkong and Shanghai Banking Corporation
Bank Address:
Ocean Centre
Harbour City
Tsim Sha Tsui
Kowloon
Hong Kong
Account Number: xxxxxxxxxxxxxxxx
Swift Code: H S B C H K H H H K H
Payment Reference No.: JPT-640160YK13

 I was supposed to wait 45 days for  my Japanese tax number.

On the 30th of august i contacted customer service of ykmex. I wanted to know when the redrawhal transfer would be sent out. I got i confirming email from Mrs. Ana Wan Lee :

 Dear Mrs. Ferraro,

Herewith we would like to confirm that a clearing member has been assigned for the transfer of your funds, for Friday, September 6th, 2013. Upon initiation of your transfer, we estimate a time frame of 3-5 business days for the transfer to be completed.

Please be advised that a package, including the complete documentation pertaining to your account, will be posted to you on Monday, September 9th, 2013.


Regards,

Ana Wan Lee
Compliance Department

 On the 11th of september i checked my bank account again and nothing happend yet then I went again online but the YKMEX.org site was off-line. The same with Solomon-layb.com.

I am going to report them to internet police

PLEASE HELP!!!

Respond to this report!
What's this?
Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?

Advertisers above have met our
strict standards for business conduct.