Thread: Forex-mmcis.com scam?

Today on the central russian channel 1 was a talk–show about MMCIS victims



There were "fin. experts", victims, law enforcement.
The way victims were treated by the rest is very nasty.

Some of the opinions:
"You were naive to believe in 10% per month, it is you own fault"
"You did not come to the government or law enforcement to ask if it is safe to invest and did not pay taxes from profits, why do you now begging gov. to do something about it"
"We do not have adequate financial education, so our children will still be victims of ponzi schemes"
"we do not have powerful laws against fraud"


One guy, who called himself ex–cop said the schemes of this level are usually backed by corrupted officials and told a story from 90ies, when cops were explicitly forbidden by superiors to investigate the massive MMM ponzi.

Hmm, MMCIS even offers pirated copyrighted books on their site for free :)

English: https://forex-mmcis.com/book/
Russian: https://ru.forex-mmcis.com/book/

Yeap, if they also sold weed or offered free porn they would get more investors.


P.S. Strange, the books half–plagiated by Kondakov and published under his name as an author are not there :) He wants you to pay for them :)

THE END

Few minutes ago, MMCIS site disabled all functionalities and left a message by Roman Komysa that they now closed.
"Will be filling for bankruptcy, try to prosecute DengiOnline, etc"

Originally Posted by MMCIS/auto–translated

Dear clients!

THE COMPANY MMCIS CLOSED

Despite the fact that I and all who remained loyal to the company, wanted another, we were forced to take this step, due to the fact that the company ended the resources to make it work technically.

We simply don't have the money to Fund customer support, technical and financial Department, because the income the company receives for several months, and her own money was fully spent during this time.

The lion's share of the assets of our company was taken and assigned to third parties.

In fact, companies such as "Money Online" simply stole the money of our clients and blocked our work.

In this situation we have to do nothing more than how to translate the proceedings on this matter to law enforcement authorities and the court.

We did everything we could to recover the stolen money, but now we can say that without the help of law enforcement officers we fail.

About the investigation and all of our steps on the return of stolen funds, we will inform all customers in the newsletter on this page and also in our official group in Social networks.

Today, together with this statement, I publish in the news submitted our application to the Prosecutor General and his room.

This statement is our struggle - the struggle for truth and justice! I ask each of You to join this struggle and to provide evidence of the investigation that You have on hand. The more payment receipts in this case we will provide, the easier it will be to return the seized funds.

As soon as the stolen funds will be returned to the company, we will list them to You, besides, as I wrote earlier, using the procedure "chargeback" You can return the money directly to your account.

At the moment we MMCIS insufficient funds to pay its obligations in connection with which the company begins bankruptcy proceedings. Bankruptcy we will also inform You on this website.

We also plan to apply for compensation of financial loss to the company and return of stolen funds in court. On the trial we will also keep You up to date.

Strategically, we intend in any case to resume the work of the company. We hope that this will happen after the law enforcement bodies will help us to recover the stolen money.

In addition, we will work to parallel the steps taken to search for refinancing and sale of the company, which will allow us to fulfill their obligations to creditors.

Now around our company's many provocations and a lot of falsehood, and therefore I want to state that our company has always worked honestly! The company's management and its employees are not appropriated money of the customers and not break the law - all the money that was under the control of the company, were paid back to the people or stolen by intermediaries.

I oversaw all aspects of company operations, including financial, for I am prepared to confirm this and to be responsible for the integrity of the work of their subordinates and for everything that happened in the company.

I declare that the company has suspended its work solely due to the criminal acts of third parties, which first gave the company a PR attack, and then just took her money, depriving the company is theoretically possible to continue the work.

We have the data and documents that confirm the facts of the capture of customer funds. For us though - we didn't violate the law, and therefore only a matter of time when everything will fall into place and all will see the true state of Affairs.

All the evidence that we have on hand, we will transfer to law enforcement agencies and waiting for their verdict on the situation around the company.

I am very sorry that it happened. I am sorry that many this situation has created a number of difficulties, but I believe that we will overcome this, and MMCIS will revive.

Thank you to everyone who believed in our company, and those who continue to believe in it. Thanks to all our employees, who for many years have worked honestly for the benefit of the company and lived for the sake of it. God sees that we put in the work MMCIS only positive goals and worked honestly."

With best regards and respect to You,
The President of the company "FOREX MMCIS group"
Roman Komysa

The official english version of the message from "president" was posted too:

Dear customers!

Today it is very difficult for me, but I have to make this statement.

THE MMCIS COMPANY SUSPENDS ITS WORK!

Despite the fact that I and everyone who remained loyal to the company wanted everything to be different, we were forced to take this step, due to the fact that the company ran out of resources for technical provision of its work.

We simply have no money to fund customer support department as well as technical and financial departments, because the company hasn't received any income for several months already, and its own money has been fully spent during this time.

The lion's share of our company's assets has been simply taken and embezzled by the third parties. In fact, companies such as "Dengi Online" simply stole the money of our clients and disabled our work.

In this situation we have no choice but to transfer the proceedings on this matter to law enforcement authorities and court.

We did everything we could to recover the seized money, but now we can say that without the help of law enforcement officers we'll fail.

We will inform all customers in a newsfeed on this page and also in our official groups in social networks about the line of investigation and our every step taken to return the seized funds.

Today, along with this statement, I publish the statement we've submitted to the General Prosecutor Office and its number.

This statement is our struggle - the struggle for truth and justice! I ask each of You to join this struggle and to provide to the investigation evidence that You have on hand. The more payment receipts in this case we provide, the easier it will be to return the seized funds.

As soon as the seized funds will be returned to the company, we will transfer them to You, besides, as I wrote earlier, using the procedure "chargeback" You can return the money directly to your account.

Due to the fact that currently MMCIS has no sufficient funds to pay under its obligations, the company starts bankruptcy proceedings. We will also inform You on this website about the bankruptcy proceedings.

We also plan to apply to the court for reimbursement of financial losses and returning of stolen assets. We will also keep you informed about the trial process.

Strategically, we plan to resume the Company's activity anyways. We hope that this will happen after the law enforcement helps us return the seized money.

In addition, we will work on parallel steps aimed at finding refinancing and at selling the company, which will allow us to meet our obligations to creditors.

Now there are many provocations and untruths around our company, in connection with that I want to say that our company has always been working honestly! Company's management and employees haven't assigned customers' funds and haven't broken the law. All the money under the company's control have been paid back to people or stolen by intermediaries.

I have been monitoring all the aspects of the company's activity, including financial ones, that's why I am ready to personally confirm the honesty of my employees and be in charge of everything going on in the company.

I declare that the company has suspended its work solely because of the criminal acts of the third parties, which first arranged the PR attacks against the company, and then seized its money, theoretically depriving the company of the opportunity to continue its work.

We have all the information and documents that confirm the facts of capturing customers' funds. The truth stands for us - we did not break the law, and therefore, it's just the matter of time when everything will fall into places and everyone will see the true state of affairs.

All the evidence that we have will be transferred to the law enforcements. We will wait for their verdict on the situation around the company.

I am truly sorry for what has happened. I'm sorry that this situation has created many difficulties to people, but I still believe that we will overcome this and MMCIS will reborn.

We are grateful to everyone who believed in our company, and those who continue to believe in it. We are grateful to all of our employees who have honestly worked for company's good for many years and lived for it. God knows that we pledged only positive goals to MMCIS and we worked honestly.

With best regards and respect to you,
President of FOREX MMCIS group
Roman Komysa

Central Bank of Lithiania added Forex MMCIS Group on Public alert list
https://www.lb.lt/f_eng

RELATED: Central bank of Russia alerts that OTC Forex market is not licensed in Russian Federation.

UPDATES:
1. Komysa been quiet since the last statement.
2. Kondakov on his social pages keeps insisting he was just one of the traders who loved the company and promoted it just out of love.
3. Confirmed investigations in Russia and in Ukraine
4. Some money were frozen by russian banks on suspicion of money laundering on accounts held by few shell companies registered in Russia (sums in millions)
Russian Tax Authority got involved. (can be seen in Russian courts registry). Those companies were accepting deposits coming in for MMCIS through Robokassa payment processor.

5. 2 offshores which were used by MMCIS to accept deposits using DengiOnline processor: Grand Perform Limited (Marshall Islands) and Eagle Cross Limited (Belize) filled lawsuits in russian court against an offshore entity belonging to Dengionline (Dockway Finance Limited (BVI)), demanding money.

6. russian court suspended the claim of Grand Perform Limited (Marshall Islands) (see #5) for a sum aprox. $7m USD on the basis that a person filling the case
failed to document that she is in fact represents that company.

7. Ukrainian high court refused to strike the fine and the decision of the Ukrainian Anti–Monopoly commission, which in past charged MMCIS Investments for false advertising on TV, specifically on parts such as "Guaranteed", "legal" and fixed percent ROI. MMCIS in past filed a case with high court to overrule the decision of the antimonopoly commission. on Nov 18 it was uphold by the High Court leaving MMCIS with a fine of aprox. $15k USD.

Couple more TV programs about MMCIS scam.

Russian channel Zvezda on Dec 3:

Ukrainian channel 34 on Dec 3:

One more.
Russian channel 5 on Dec 7:

A news report on the russian ponzis from the central channel 1, aired yesterday.
Ponzis covered: Sberkassa 24, RussInvest, MMCIS

Here are the extra perks #1 ponzi pimp in Russia was getting from #1 Ponzi

AlekZ of e-rentier.ru (pimping site)

Well done but disgraceful comercial of MMCIS

The second biggest ukrainian "forex broker" Forex Trend (fx-trend.com), stopped paying withdrawals.
The setup was the same as of MMCIS, provided forex trading in their MT4 kitchen, offered PAMM and fully managed unlicensed investments accounts via other entity Panteon Finance.
It was portraying itself as a huge international corporation , but in fact was only known in Russia and Ukraine and regged as an offshore in New Zealand.

A funny video was filmed after the scam, when a person visits a fake Regus office in New Zealand and trying to find the huge corporation there,
to his surprise there were no signs on the door with a company name, and secretary found someone who can talk to him, that person said he knows nothing about the company, and there are only 2 persons who represent it and all they do is collect the questions and forward them to the "management in Ukraine", and he says for entire history of the company there was only a single visitor, so it makes the guy officially the second visitor to the "huge corporation" headquarters :)

Russian Federal Anti Monopoly commission charged a russian national TV channel - NTV with violation of advertisement act for their promotion of MMCIS scam.
RUS: FAS RF CASE №3-28-65/00-08-14
Case is pending.

WOW !!

Is that the first time its' happened and does it indicate a shift in policy by the Russian authorities ??

Not the first, there were charges and fines against billboard advertisers of recent Mavrodi's cash–gifting ponzi MMM-2011.
Also MMCIS was itself fined 1 year ago for false advertisement in Ukraine (did not affect TV channels), MMCIS appealed but lost in december.

Also a year ago, Ukrainian SEC (NSSMC) terminated stock brokerage license of MMCIS (which is in no way good enough for forex or unregistered investments, but MMCIS told investors that license is allowing them to do what they do). After the revolt, the new Kiev's gov ruled that SEC terminated that license without evidence of misconduct and that the SEC decision must be undone. But the problem now was that to get a new license , a broker must be a member of the professional brokers union, the union refused to take MMCIS back under any circumstances, and the union cannot take court order over their members voting :)
Basically, MMCIS was granted back the license (which only valid for brokerage on the stock exchange) , and with no union membership they could not even get that. MMCIS voluntary abounded the license to save their face.

The criminal investigations were launched in both countries, so far not much outcome.
You should understand that the relation Kiev-Moscow is damaged now the big time, no cooperation of any kind.
I would say Russia did way more by freezing the bank accounts of shell companies who used to move money for MMCIS.
In the new Kiev's government, MMCIS has a powerful patron (would not call the name yet, but we have some proof) , would not expect much happening there till the right time and the right people in power.

On April 20, Russian Federal Antimonopoly commission ruled that a russian TV channel NTV violated the advertisement act with promotion of MMCIS scheme.
The TV channel was fined 100k roubles (~2k USD).

The fine itself is small and not important, the decision of commission is what everybody been waiting for. Now victims are organizing to file a lawsuit against the TV channel media holding and demand compensation of their losses.

There are few more other TV chanels to go against (in woks).

the commission ruling (RUS): http://solutions.fas.gov.ru/attachme...oad?1429627575

Some movement on Russia's side, on april 28 seven were arrested (no names provided) in connection to MMCIS:
http://mir24.tv/news/society/14340198

Ukraine is still quiet, refused to cooperate with russian law enforcements.