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This sounds like a scam to me. Where is this company based? What is the name of the company? Why can they not simply deduct the hundred and $50,000 from the $550,000 which is alleged to be in the account?
This question is very common.
Have they told you which regulatory authority they are talking about?
Why would you paying them $150,000 for them to send you $550,000 combat money laundering? If fact, it sounds quite the opposite.
There is certainly no regulatory requirement like that in the UK although it may be different in the United States.
If you could let me have details of the UK broker company I can do a bit of investigation.
I can find some website reviews where the review has been done by the website.
They just give factual information.
Here is one.http://scambroker.com/bloombex-options/
however, when you scroll further down and look at all the comments from the individuals, it appears that no one has ever actually had any money from them.
I can’t guarantee that this is a scam but having read the reports, it’s not a company that perhaps anyone should consider getting their money invested with. It appears that from some reports, the trial run always works as it should do and then, when you allegedly have made some serious money and want to take it out, you can’t and they demand more money to do so.
I would want to know which section of which statutory provision they want this large deposit for because I’m not aware of any statutory provision in the UK or any other country which works that way.
It is the second question on here with regard to Binary Options within the last 2 weeks although the other was a different company.
The only authority in the UK that deals with this is the Financial Conduct Authority and there is nothing registered in the name of Bloombex.
In addition, emails and letter heads should have their FCA number on the bottom which I assume it doesn’t.
You can position court proceedings against Bloombex but of their registered office is somewhere offshore, Virgin Islands or suchlike, you may find it’s not particularly practical to do so because the costs will be prohibitive. You could well find that the London office is just a letterbox empty room. It would be worthwhile visiting the address, just to have a look get a private investigator to do it for you.