Attention! V5 Forex Global Markets may abscond with the money within three to seven days.

Questionable Apology Raises Suspicion

Just after WikiFX made public the cases of victims' complaints against V5 Forex Global. V5 was also quick to strike back at WikiFX.

On June 8, an apology attributed to WikiFX appeared on social media, absolving V5 Forex Global Markets of any wrongdoing and suggesting that the exposure of the complaints was a misunderstanding. However, doubts arose regarding the authenticity of this statement. WikiFX promptly clarified that we had not made any such apology and firmly stood by earlier exposure of the complaints against V5 Forex Global Markets.

It is not clear whether this statement was forged by V5 Forex Global posing as WikiFX or by other investors associated with V5 Forex Global. In short, this apology is a complete forgery. First, WikiFX has not made such a statement, and WikiFX will never apologize for a scam platform that does not allow users to withdrawal. Second, the evidence of WikiFX's exposure to V5 Forex Global Markets comes from the victims who invested in the platform, and the victims are directly linked to its official website, and there is no mistake made by WikiFX.

Victims' Claims and V5's Reaction

V5 then launched a counterattack against WikiFX. And started to blame WikiFX. V5 again claimed that clients can get their money back within three to seven days and asked investors to be patient.

According to the information on the V5 website, we can see that this broker offers a great return guarantee. There are also large rewards for those who help expand and increase the number of investors. Ponzi schemes like to expand their investor base. Thereby subsidizing current investors with the funds of previous investors. However, numerous complaints tell us that the V5's supposedly high returns do not really deliver.

On the V5 Forex Global Markets' website, V5 again issued a statement stating that “According to V5's investigation, WikiFX maliciously defamed V5 Forex Global Markets. It even claims that after an investigation by the V5 technology department, ”WikiFX is also a forex broker... which is ridiculous. Because WikiFX is an authoritative global inquiry platform providing essential information and regulatory license inquiries. WikiFX App has the function of simulated trading. The purpose of this function is to simulate real trading scenarios to help traders practice and improve trading skills. This function does not involve any real forex trading. WikiFX itself is not a forex trading platform. At the end of the statement, V5 said its staff had been processing all traders' cash withdrawal orders this weekend.

In the chat group on the social media platform, a number of investors said V5's promise were false. They didn't get any withdrawals from V5. See below.

V5 always presents himself as an angry victim. Just today, on the social media platform, V5 Forex Global Markets refer to WikiFX, where V5 fraud was made public, as “a fake rating site”. It calls the people who questioned V5 and the victims who were brave enough to come forward to WikiFX “stupid people,” “idiots.” See below.

Suspicions of Absconding？

An individual called Adrew Singe in a Facebook group claimed that there are groups that have come together to file a case against those who received their deposit. They are planning to freeze V5s bank accounts, so V5 unblocked the accounts to delay the withdrawals and get the money out of the bank before they freeze it. V5 may abscond with the money while it asked victims to wait patiently. See below.

Conclusion

The defamatory tactics employed by V5 Forex Global Markets, coupled with allegations of attempting to delay withdrawals and abscond with the money, have heightened concerns among investors. As the situation unfolds, it is crucial for potential investors to exercise caution and thoroughly research before engaging with any forex broker, especially in light of these troubling allegations against V5 Forex Global Markets.

Protecting the legitimate rights and interests of forex traders are always the primary concern of WikiFX. Which is the significance of WikiFX in the industry. WikiFX exposed this case to the public to remind all traders of the potential risks. All traders should be vigilant when investing in V5. If V5 wants to prove itself as a trustworthy broker, it should allow investors to withdraw their hard-earned money as soon as possible.

WikiFX is actively reaching out to the victims hoping to find more evidence to help resolve the problem. Please stay tuned for more information.