OCTA scam case has been updated, and can the victim get his 100,000 dollars back?

　　During this period, WikiFX had a better understanding of the dispute between OCTA and the investor and tried to cope with it.

　　Two months ago, WikiFX received a reply from OCTA that the reason they did not refund was because the investor continued to trade forex and made a loss after he submitted a withdrawal application, thus the 100,000 dollars could not be withdrawn. When WikiFX communicated with the investor about it, he seemed to be confused.

　　The investor had an account balance of 246,000 dollars before withdrawing, and he submitted a withdrawal application with 100,000 dollars on October 1. He said OCTA sent an email to him that the withdrawal request had been submitted, the money will be returned to the investors account within 3 working days.So after the money was deducted from his account, there was 146,000 dollars left. According to the transactions records provided by the investor, he lost 54,217.53 dollars from September to October, and the rest was lost in forex trading from October to November.

　　In forex trading, if an investor makes a withdrawal application, he will be formally informed by the broker that the application has been successful, which means the money withdrawn will be frozen and is no longer used to trade.

　　From the official evidences provided by the investor, it can be seen that OCTA did approve the investor's withdrawal application. But why did OCTA say the 100,000 dollars withdrawn by the investor had been lost during forex trading？ When WikiFX questioned OCTA again, they never replied. Later, the investor said his account had been frozen by OCTA.

　　OCTA's two official replies were untrustworthy facing the sufficient evidences. Is this kind of unprofessional behavior common only in Nigeria or is it a tool used by OCTA to defraud investors all over the world？ Perhaps, its common for many investors who choose OCTA to fail to find a way to recover their lost money and become homeless .

　　Due to chaos and lack of regulation in Nigerian forex market, many illegal brokers defraud investors maliciously. WikiFX will continue to follow up this scam case to help more victims get their money back.

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