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Report: #1208692

Complaint Review: BeeOptions - Internet

  • Submitted:
  • Updated:
  • Reported By: Bill — Menifee California
  • Author Not Confirmed What's this?
  • Why?
  • BeeOptions Internet USA

BeeOptions BeeOptions is a scam artist. London, England Internet

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If you are thinking of investing using Binary Options I would advise you to not do it. In my limited experience, I've been scammed by two Binary Option brokers. I deposited money with them and had a devil of a time getting it back. In the first case, I didn’t get any of it, and the second case with, BeeOptions, I got only part of it. 

With BeeOptions, you have to go through a Verification Process of faxing them both sides of your credit card, driver’s license, and proof of residence like a utility bill. Once that is accepted, then you have a chance of requesting a refund.

In my case, here was their response to why I was not entitled a full refund of $500.

“As stated in our Terms & Conditions (#19), there is a $42 institutional fee involved with each withdrawal. In addition, a 10% levy, to cover processing costs as well as a third-party transaction fees, is charged on an account that has not executed more than 200.00 in turnover; your withdrawal amount reflects these charges.”

Terms and conditions must be hiding somewhere on their site, because on the deposit page I didn’t see anything about it. So in effect, they stole $109.10. 

It took me over a month to get the partial refund, so beware.

This report was posted on Ripoff Report on 02/12/2015 02:13 PM and is a permanent record located here: https://www.ripoffreport.com/reports/beeoptions/internet/beeoptions-beeoptions-is-a-scam-artist-london-england-internet-1208692. 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. READ: Foreign websites steal our content

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