Tommy and Ronald Rutgersson, two Swedish traders who got scammed by SecuredOptions binary broker, decided to share their story and warn other traders about this binary scam. Two retired brothers were wishing to make additional income in financial markets but got scammed instead.
Story About SecuredOptions Binary Options Scam
As many other traders, Rutgersson brothers first tried to find a way to make money online and found out about binary options. However, they ended up on a website run by a scam broker SecuredOption and didn’t do any additional research about the broker. Soon, in May 2016, they received a phone call from a woman who introduced herself as Kate Miller.
Kate Miller, the alleged account manager, had a strong Russian accent even though she claimed to be calling from London. She also mentioned she was Greek, flirted and gave compliments to get their attention and trust. She gave them a promise they’ll receive 30% payout in the first month without any risk involved and convinced them how SecuredOptions have FCA license, which is not true.
Tommy and Ronald Rutgersson also talked to other managers: James Bennett, Richard Adams, and Richard Fischer. Brothers decided to invest €100,000 with SecuredOptions scam. By May 2016, there was only €30,000 left on their trading account, that soon disappeared, and SecuredOptions stopped answering their calls.
After having such bad experience and losing all their money, they decided to start a research. Soon they found out that the company is not located in London, but in Tel Aviv. Swedish authorities and Israeli embassy were of no help. They engaged Israeli lawyer Nimrod Assif who discovered real names of manager and found out more about SecuredOptions Scam.
SecuredOptions Scam Money Flow
As it turned out, SecuredOptions are everything but secure. The money was first transferred to a bank in Latvia, and then to a bank in the Czech Republic. Eliran Saada, the man who is listed as the owner of Express target Marketing that operates and owns SecuredOptions, explained Assif that he is no longer in the binary industry, but his name is still listed in all registration documents.
Assif filed a complaint with Israeli authorities. This case is still not closed, and Rutgersson brothers are hoping to get their money back.