Rietumu - for all victims of fraudulent account closure and theft of funds
- Thread starter globalconsultancy
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You are wrong. I contacted the Ombudsman in the EU & Latvia in 2017 and was told that this case was not their problem.
I”m also a victim of Rietumu.
My name is Cristian and I’m Romanian.
They closed my account and charged me without no reason with high fees.
I have lost 35000 euro without any explanation of what happened with my account.
Can you help me to solve the problem?
Many thanks
My name is Cristian and I’m Romanian.
They closed my account and charged me without no reason with high fees.
I have lost 35000 euro without any explanation of what happened with my account.
Can you help me to solve the problem?
Many thanks
I don't like this "fraudulent account closure" and "theft of funds" bulls**t.
Let's be real - if they did fraud and theft, you would be suing them in criminal court and they would be behind the bars.
If they have not really done fraud and theft then this is just emotional talk which is childish.
If you people spout "fraud, theft" yet refuse to go to court and win the case (because when it is obvious fraud and theft you win cases), then you know it is not that clear cut.
Let's be real - if they did fraud and theft, you would be suing them in criminal court and they would be behind the bars.
If they have not really done fraud and theft then this is just emotional talk which is childish.
If you people spout "fraud, theft" yet refuse to go to court and win the case (because when it is obvious fraud and theft you win cases), then you know it is not that clear cut.
Sorry, but since when doubts anyone that Rietumu is fraud? It has been all over in newspapers and the internet. Latvia banking is a maffia business allowed by the EU. And yes they took funds without legitimate grounds so I guess that can be defined as theft. Other banks like OrangeBlue likewise. Even the lawyers I know there say the same.
I chose Latvia because my agent who set up my offshore account suggested it. I was scammed by Rietumu in 2016 and lost over 30 K USD. I weet through all the legal means to get it recovered and even had a local lawyer. In the end I would have had to pay an additional 150 USD court fees plus translations with no chance to even get a hearing. This bank and the country are useless and the Europen union has no urge to assist in any of this. I sent letters to all of them with negative results. I do not believe you will︀ recover any funds so it will be throwing more good money aft bad. One hell︁ of a session learned !
If the court does not even accept the case, then what fraud can you talk about? If it was clear Rietumu was "fraud" it would have been sued to hell and back and liquidated.
if it was theft go and sue them for billions then. Oh wait, you︂ won't, because you know it wasn't theft, because bank can set commissions internally and it︃ isn't mandated by law. So them changing commissions was something you agreed to upon opening︄ account and it is LEGAL.
Stop talking like children. Only facts matter. Facts are︅ - they didn't do illegal stuff you pertain to, since clients would have just sued︆ and won then.
That is because you️ were not scammed. If you had been scammed then you would have won the court and got your money back. I bet you will also conveniently avoid mentioning the court details and just blurt "SCAM FRAUD THIEVES" conveniently ignoring any reasons court
This is a non-argument, paranoiac.
I will tell you FACTS not childish fee-fees.
1) When person opens corporate bank account they agree to terms
2) Terms included bank able to set commissions and maintenance costs for account internally up to their free will (this is not︀ mandated regulated by any laws anywhere)
3) You agree to this. They decide to set︁ maintenance fee to 3000$ a month or % of your account.
4) You claim "SCAM︂ THIEF FRAUD" like a baby when any lawyer with a brain will see this is︃ perfectly legal.
Wanted to hide your money, this is the risk you took, this is︄ the terms you agreed upon.
If bank would have really "stolen" the money then you'd︅ have clients suing them to hell and back and getting money back. Well, many clients︆ know they have skeletons in closet as well, so they won't actually go to court︇ and try disputing perfectly LEGAL commissions from bank and accounts being frozen as per KYC︈ violations, but instead scream how bad the bank is.
Bank did what banks do -︉ make as much money as possible. This is their goal, to MAKE MONEY and not︊ to be a GOOD BANK. So they used the situation to their advantage and MADE︋ MONEY. It is UNETHICAL, but not FRAUD. You can't sue someone for being unethical.
I lost money with Rietumu fiasco as well, but I'm logical enough to not be biased︌ with my emotions and admit that if we look from legal perspective - they did︍ nothing wrong.
if it was theft go and sue them for billions then. Oh wait, you︂ won't, because you know it wasn't theft, because bank can set commissions internally and it︃ isn't mandated by law. So them changing commissions was something you agreed to upon opening︄ account and it is LEGAL.
Stop talking like children. Only facts matter. Facts are︅ - they didn't do illegal stuff you pertain to, since clients would have just sued︆ and won then.
That is because you️ were not scammed. If you had been scammed then you would have won the court and got your money back. I bet you will also conveniently avoid mentioning the court details and just blurt "SCAM FRAUD THIEVES" conveniently ignoring any reasons court
This is a non-argument, paranoiac.
I will tell you FACTS not childish fee-fees.
1) When person opens corporate bank account they agree to terms
2) Terms included bank able to set commissions and maintenance costs for account internally up to their free will (this is not︀ mandated regulated by any laws anywhere)
3) You agree to this. They decide to set︁ maintenance fee to 3000$ a month or % of your account.
4) You claim "SCAM︂ THIEF FRAUD" like a baby when any lawyer with a brain will see this is︃ perfectly legal.
Wanted to hide your money, this is the risk you took, this is︄ the terms you agreed upon.
If bank would have really "stolen" the money then you'd︅ have clients suing them to hell and back and getting money back. Well, many clients︆ know they have skeletons in closet as well, so they won't actually go to court︇ and try disputing perfectly LEGAL commissions from bank and accounts being frozen as per KYC︈ violations, but instead scream how bad the bank is.
Bank did what banks do -︉ make as much money as possible. This is their goal, to MAKE MONEY and not︊ to be a GOOD BANK. So they used the situation to their advantage and MADE︋ MONEY. It is UNETHICAL, but not FRAUD. You can't sue someone for being unethical.
I lost money with Rietumu fiasco as well, but I'm logical enough to not be biased︌ with my emotions and admit that if we look from legal perspective - they did︍ nothing wrong.
this is true, however they did not follow their own terms - did not announce the change in the fees, etc. So actually it's fraud.
ok, I don't know in which country do you live. What you are saying︃ is maybe true in your country, but I don't think it applies to Latvia.
I live in EU, but there are certain cases I would never win in a court︄ in my country, because of corruption. This is the reason, why I decided to bite︅ the bullet with rietumu and did not sue them - because I think Latvia is︆ a corrupt country and I would never win the cause
ok, I don't know in which country do you live. What you are saying︃ is maybe true in your country, but I don't think it applies to Latvia.
I live in EU, but there are certain cases I would never win in a court︄ in my country, because of corruption. This is the reason, why I decided to bite︅ the bullet with rietumu and did not sue them - because I think Latvia is︆ a corrupt country and I would never win the cause
Most Rietumu customer's are thieves, Rietumu accept them as customers knowing who they are, and work for their customers as an European landraumat.
Rietumu has been created with and for thieves/fraudsters. The country is corrupted from the little police man in the street to the judge of the court.
The bank has been used for landraumat or vat fraud including the carbon fraud.
It is not worth to sue the bank because no complain will be accepted in this business country. Also some of their customers, cannot complain without revealing their real identities or activities. Since 2008-2009, who has opened an account there can't say︀ they never heard about it.
Rietumu has been created with and for thieves/fraudsters. The country is corrupted from the little police man in the street to the judge of the court.
The bank has been used for landraumat or vat fraud including the carbon fraud.
It is not worth to sue the bank because no complain will be accepted in this business country. Also some of their customers, cannot complain without revealing their real identities or activities. Since 2008-2009, who has opened an account there can't say︀ they never heard about it.
Yup ..long story but end result is funds (held in Andorra, Switzerland) freed less substantial legal fees amounting to nearly 30% of funds recovered. Don't believe these laws that say they can unfreeze your account. They make the process much longer than it should be to keep earning fees. Plus hardcore laundromats don't get frightened when they receive letters from lawyers they just add them to the 2 foot high pile of other lawyers letters they've received and carry on business as usual.
Thanks for the advice! So the bank basically they can do what they want... i’ve locked account with the EMI Revolut from one month, i ve knew online other people with︀ same problem, there are thousands! And i’m going ahead by ombudsman... you think that ombudsman︁ can help us?
I have no idea why they blocked your account firstly as that is important to know. Is it general money laundering related, sanction violation related, terrorism financing related or use of a VPN etc?
1 month is nothing in reality when bureaucracy is involved. Ask Iran who have had assets frozen for decades in certain countries not including nearly £1bn in UK frozen since 2010 they claim is wrongfully frozen.
1 month is nothing in reality when bureaucracy is involved. Ask Iran who have had assets frozen for decades in certain countries not including nearly £1bn in UK frozen since 2010 they claim is wrongfully frozen.
Yes @Martin Everson, I read.
About iCard/LP alot of ppl wrote bad things but in most cases (for 100% clear businesses with solid clean services) they are most reliable.
About iCard/LP alot of ppl wrote bad things but in most cases (for 100% clear businesses with solid clean services) they are most reliable.
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