Complaint Review: Porter Finance - Internet
- Porter Finance Internet USA
- Phone: 646-693-4074
- Web: https://porterfinance.com/
- Category: Brokerage Companies
Porter Finance Scam, ripoff, liars London Internet
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I initially invested $250.00, was contacted by a broker, invested $1000.00 and every time I went on the site, he would call.
We did some trades that were successful. I wanted to do just small trades. He kept telling me that he couldn't work with me unless I invested more. We did a longer term trade for $5000 which I deposited and he said he would give me a risk
free trade. I didn't understand the document so I asked very specific questions. It states that it is one risk free trade. We did several trades and were doing well so we never used the "bonus" (risk free trade). My broker called me at a time when I was having my hair cut with a "must do" trade for $5000.00; I gave him my credit card information over the phone. He did the trade and we lost $5000.00. Okay, it happens. I didn't say anything about it.
He still kept urging me to put in more money. I told him I just wanted to do the little trades like when we started when he was calling me every day and we were winning some and losing some but still coming out ahead. He would never call me
back to do that. I needed some money, so I went to withdraw money and I was told that I couldn't because I had a risk free trade. I told them that was signed on the first trade we did and I never signed another one so what did that have to do with anything? They said I couldn't withdraw anything until my account was up to $200,000! I subsequently after hours and hours and hours of going back and forth, spoke with Lucy Darwin, who was very nice and managed to get me $5000 back.
I got back an additional $5000 later and my balance of $38400 was still with Porter Finance. I could not get any more. I let it go until a few days ago I got a call from Steven Lewis who said that he was Alex Miller's (my initial broker) supervisor and he would get me my money back. Like a fool, I believed him. We did 3 $10000 trades and 10 miinutes later I had lost $30000. When I called Steven lewis he was cavalier and said it happens. I didn't call him; he called me for the purpose of closing out my account so that I would have nothing left in it and they wouldn't have to deal with me anymore.
This company is beneath contempt. They do not do what they say they are going to do. Alex said he would get me all my money back and then later said he didn't know I had a bonus even though he was the one who instituted it. NO ONE has followed through except Lucy Darwin getting me the $5000.00. However, when this happened with Steven Lewis she said she would get my money back for me and I haven't heard from her since. Another gentleman who said he was the manager of Steven Lewis would get me the best broker to contact me. I am still waiting....
I have been so upset I can't begin to believe that I lost my hard earned money for which I needed to purchase inventory for my business. I am devastated.
This report was posted on Ripoff Report on 07/28/2016 11:50 AM and is a permanent record located here: https://www.ripoffreport.com/reports/porter-finance/internet/porter-finance-scam-ripoff-liars-london-internet-1319424. 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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