Scammed me out of £6k, treated me like a friend in doing so, went out for shisha, came to see his cricket match.
I gave Saif Malik, owner of forexed investments £5k + £1k fee back in Jan 2021. To this day, he still hasn't provided me with any proof of any trades that he took. He also lied to me about being FCA approved and has muted the group for his Batch 3 students so that only he can message. He kept on giving me bs that he's busy with uni or is ill/tired, and whenever I asked him how much he's made, he just sent me random amounts of profit he's made with no proof.
When I contacted him via email, he fed me with even more bs how he's going to get my money back, such as the following:
"Forexed Investments LTD is working on an investment pool of a funded accounts so we can grow as an investment fund and grow into a new area of this industry, to break things down for you to help you understand better are; each funded account is £70,000 - £140,000 and we plan to have £1,200,000 in funded accounts over the course of the next 6 – 12 months as a guideline, however we will aim to have 3 funded accounts by February 2022 at minimum which is £210,000 but we will aim to have 6 by June 2022 so we will have £420,000. Now each of these accounts are at a 70/30% profit split, giving us the majority favour of 70%.
The initial £210,000 - £420,000. Is not withdrawable however any % in account growth that is made is withdrawable, so to put this into perspective there are 20 trading days in a month and if we gain 20% on £210,000 that is = £42,000 – 30% back to the company. = £29,400 (70%) solid profit for 1 month trading.
Now, Saif has discussed with us because you two have a close relationship outside of business he wanted to give you 15% profits of the entire £210,000 until you receive £5,000 in pure profits, giving you back your initial deposit, once the initial deposit is given back, we’ll automatically drop your 15% down to 5% and like that monthly you’ll have 0% risk on the table and a growing portfolio side by side. Please be aware that the terms Saif has discussed with us will be final but remember that the 5% will also remain for the £420,000 account size as well and will remain at 5% until £1,000,000 where we will look to drop it to 2.5%.
This is something that we’ve been working on for the last 2 months now and we’ve only reached out to a handful of individuals from our network. Now, please remember that the reason why this has only been mentioned to you was because of the close relationship you and our founder have, any or all investments are very risky and that’s why we have the risk disclosures explained before any services are started.
We hope this comes to you as more good news rather than bad news. We understand your risk for appetite is higher than the usual client and we hope we still have your best interest @ heart.
Kind regards
Sibtain Asif, admin ForexedGroup
+447889473507
Forexed Investments Ltd 3rd Floor, 86-90 Paul Street, London, England, EC2A 4NE"
IT WAS ALL BS!!!



