This was one of the last reported in 2009 that sent about the problem West Capital vs West Capital Forex Macro, both companies at this point nothing is known and continuous macro forex site inactive.
The statement is as follows:
Dear customer:
West Capital Management, the company that you know and who has been carrying out efficiently the administrative payment and distribution of funds FOREXMACRO, our unique and exclusive relationship with the company, has an ethical responsibility to inform you that we have learned of serious economic and financial problems affecting FOREXMACRO.
As our primary obligation is the protection of customer funds we proceeded to devise the necessary measures to ensure that these funds were used in a different way to established procedures and is contrary to the best interest of each investor .
These funds are in our custody, fully secure and can be channeled into investment in the foreign exchange market through a company associated with our system, BANCOMMERCE LP of New Zealand.
We support the operations of BANCOMMERCE, professionalism and knowledge of the forex market, knowing that investors giving customers the highest yields in the market, but especially within a framework of security and accountability that ensures the preservation of their capital .
West Capital Management continue to provide the same quality of service management by providing payments that came with improvements, given that a company will operate with absolute confidence of our time and billing and collection of revenue will be reduced and optimized.
Finally, we reiterate that we do not have any connection with FOREXMACRO the above and our priority is you, the investor client. We are at your full disposal for any explanation that may be required.
A detailed follow a couple of points of relevance:
The West Group – Bancommerce has a full social engagement. This inevitably includes the protection of the assets of each of our clients, providing maximum stability and security.
All customers in recent days have sent funds that have come to our accounts, will receive the credentials of the total received in their respective accounts WEST-BANCOMMERCE.
All our customers will continue operating normally, within the West Group and in different products, with benefits such as the automatic debiting of returns at the end of each month, and normally removed by bank transfer, debit card or can make rollovers.
From 2010, all customers to access their accounts from our new corporate portal, www.newbancommerce.co.nz.
Sincerely,
West Capital Management – LP Bancommerce