How can I verify if the $10,000 US deposited funds wired to a currency trader were actually traded ?

Question

I wired $10,000 US to a currency trader and some weeks later I received a computer print-out that stated that all the funds were lost in trading (except $300.00 US).

I believe that I have been duped.

Answer 1

Call the authorities, you were conned.

Answer 2

Yeah man, sounds like you were conned. All money transfers totaling 10,000 dollars or more has to be reported to the federal athorities by the bank. So if you wired 10,000 dollars that should have been reported. Start making phone calls. And good luck.

Answer 3

I'm affraid you may have been. If they ask you to wire money DON'T- if they are a legit business, they will work with your bank to wire funds, transfer money etc. I've been having the same problem of are? If? I finally talked to someone at the bank. I'm learning not to do anything befor looking DEEP into it. I have a habit of wanting to Get Rich Quick. I'm finding out it doesn't work that way.