BEWARE of NB International – review

NB International websiteIn this review we explain why you should stay away from NB International and its trading offer.

NB International offers five trading accounts that are supposed to get you up to 8% returns per month. Presumably thanks to algorithmic trading systems.

Is this offer genuine?

Stay away

We found several major problems with NB International.

Not regulated, illegal

OfficesNB International claims to have offices in Dublin, London and Cardiff. This automatically means that in order to operate legally, it needs a licence form the Financial Conduct Authority.

But there is no NB International company registered and licensed in the UK to provide investment services. Which means that NB International is operating illegally, as a broker and as an investment advisor.

So, if you deposit money with the company, it will not be insured and you will not be compensated in case there are problems.

Fake performance

Dubious performanceAnother problem with NB International is that on its website it is showing monthly performances from 2016. They allegedly third party verified.

We could not find who supposedly verified them, so we have to assume they are not verified. What is even more important, the NB International website was created only in October 2017, se showing results from 2016 is very dubious.

Conclusions

NB International is not regulated, it is an illegal broker, we recommend staying away from it!

If you are interested in genuine trading, start on a free demo account with a regulated broker.

Nobody will make you money for free, you have to build your own strategy.

Summary
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NB International
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5 thoughts on “BEWARE of NB International – review

  1. lost a lot of money with these people, Oliver, peter, Benjamin and best of all Hershal.
    Very cruel people took great fun at my expense. May interesting things happen to them.

  2. Hi John is it possible for you to speak with you Like you I may have been scammed only the other day. I have tried to contact but of course no replies from the likes of Oliver, Benjamin and another guy called Christoper Black I am still not dying to believe this yet showing still the account but I just think it is a page up etc. I know an American company who can help but needs to speak to someone anyone who have gone through. Kind regards Yvonne

    1. Hi, just beware of recovery scams, the vast majority of recovery companies are scams. Consult your national financial regulator for advice.

  3. Who has tried to close an account with NB-I – beware of the as they will say that before an account can be closed you need to settle and repay the “Corporate Funding “ amount that NB-I have given you – do not do this!

    Alarm bells have been ringing louder and louder over the last 9 months: ie no formal proper documentation, staff turnover, phone system failures, IT systems down, excuses for cash dividends not being paid, retrospective changes to Terms & Conditions – etc etc.

    I have been sucked into this operation by people using the names mentioned earlier on this site – Oliver James Passmore, Peter Chapman, Benjamin Wellington, Joseph Goldberg, Heather Bradbury and now a new set of individuals including names claimed as Martin Clark and Justin Clark.

    They claim to be at an office in the News Building at London Bridge – as shown on the website – however I did visit the office having requested a meeting with Oliver Passmore and Joseph Goldberg a few months ago, however the meeting was cancelled on the morning of the requested meeting – I had travelled from EDINBURGH – the office turned out to be a Regus Business Centre but they had no record of a resident business under the name of NB-International.

    If it’s too good to be true it’s probably not true.

  4. Last year I was physically and emotionally in a bad place; right in the middle of this Oliver James-Passmore from NB International rang me and discussed the company and how it could help. I spent several days researching the company and found it was registered at Companies House and, according to what I could find, was an active functioning entity which even paid taxes so felt it a safe bet. I put my whole pension commutation and my life savings into it. All was fine until I tried to collect my dividends. Then the same experiences as you present here, happened. It became extremely stressful as I cannot live on my pension and needed the money. I was passed from person to person over the weeks, each becoming more aggressive and bullying until the final one, Martin Clark, shouted at me saying neither he nor the company wanted to deal with such a disagreeable client since when I have had anonymous emails and outright lies. They will not honour details which they gave me in writing, all of which I have kept. I also recorded the latter phone conversations (which I told them so that the recordings could be used legally). All my efforts so far have achieved nothing, though on their website I am continuing to make money. I refuse to give up chasing them yet and so am going to set up a Facebook group under my name, Peter Thomas, to try to get as many people as possible involved as that will give us much more leverage and support any media or legal action we choose to take. I have 2 friends who have also been caught and will join. Please would you John, Yvonne and Charles get in contact with the group and pass on the word in any way possible to increase its numbers. John Novak would you wish to join us? I assume from your comment that you have not been caught by them but it would be great if you would share your expertise. Maybe we can recover some of our money and also prevent it being shipped out of our country.

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