Advertising company “Amillidius” continues a series of briefings to expose the scamming activities of TeleTrade brokers.

Since the first press conference, the defrauded customers, the advertising company “Amillidius”, and its head Bogdan Terzi found themselves under serious pressure. Yet, despite the threats, charges, and fake negativity, spread by TeleTrade about the scammed investors and Amillidius, on October 2, 2020, Interfax Ukraine held the briefing, themed “TeleTrade: Methods and Means of Scamming Customers”.

The key point was bringing to the spotlight one of the scams, where TeleTrade stole from the customers half a million dollars. Before speaking about the case in detail, Bogdan Terzi recapped the current situation. Today, “Amillidius” has to resist several organizations and individuals, hired by TeleTrade to protect its interests and malign the opponents. 

The speaker reminded about the previously exposed schemes of “Traders’ Stock Exchange” and “Sync Trading” - within these projects, TeleTrade would intentionally blow the customers’ accounts to ground zero. Bogdan Terzi yet again listed the individuals, who were at the helm of this broker company: Anna Chernobay, Oleg Suvorov, currently hiding from the law in the Czech Republic, and Mangiyan Manzhykov. The latter is the organizer of the unprecedentedly audacious “blow” of the customer’s money, outlined by Bogdan Terzi. As the head of the Service Support, Mr. Manzhykov would also supervise TeleTrade’s Accountant Department in terms of depositing/withdrawal of the money. His managing position enabled Manzhykov to steal half a million US dollars from the customer from Tunisia - Mr. Abdulatif Khashym Albargavi.

Mr. Albargavi shared the story of his disastrous cooperation with TeleTrade by making a video record. Bogdan Terzi demonstrated this record during the press conference. The words of the deceived customers were proven by the documents. The group of the customers, scammed by TeleTrade, obtained the screenshots of the correspondence of this customer with the Customer Service, as well as the screenshots of the internal correspondence between Mingiyan Manzhykov and the accountant in the TeleTrade CRM system. These screenshots were made by the former TeleTrade employees who couldn’t turn a blind eye to the facts of such scamming. Abdulatif Khashym Albargavi deposited over half a million US dollars at TeleTrade. But after six months of independent trading, he lost over USD 50,000. He decided to withdraw the rest of the sum of USD 465,000 and placed the order to withdraw his funds. The screenshots show that Mangiyan Manzhykov instructs the accountant to simulate the transfer of the money to the customer’s bank account, and then orders to revert the money to the customer’s TeleTrade account. Afterward, the customer was denied access to his trading account. With the help of the software specialists, Manzhykov entered the customer’s trading terminal on behalf of the customer, opened knowingly the loss-making deals, and blew every dollar within a short period of time. As usual, this money was assumed by Oleg Suvorov and Miniyan Manzhykov.

The further unfolding of the events is easy to trace on the screenshots of the e-mail exchange between the customer and the Customer Service, demonstrated by Bogdan Terzi. Unfortunately, Albargavi was not able to get anywhere - the Customer Service was clear enough it was all his fault and he was not going to get his money back. Albagravi joined the initiative group of the defrauded customers and keeps fighting for returning the money, having stolen from him. This fight is supported by Amillidius.

Despite massive pressure by TeleTrade and its accomplices, Amillidius does not give up in exposing the truth about TeleTrade’s illegal endeavour. Bogdan Terzi announced the topic of the following briefing, where they would reveal the scamming schemes of TeleTrade engaging the customers.