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    Aug 13th 2007

    Few months ago I published a review of Magic Vault on HYWD.info. As you can see at that time there was a small trading account which I was able to verify.

    On Magic Vault website yet on the home page you will see a link saying “Reviewed and periodically audited by” and our logo.

    Now let me clarify this a little bit:

    Initially when contacted me for review Pedro - the admin - promised to provide regular access to the trading account (just like it’s written on the link on his site). The first time I was really able to audit the trading, but that has never happen again since then!.

    Pedro wrote me few times saying that I would be provided access for audit soon. Later I contacted him several times asking how the things are going and if I’ll be given access again.

    I got no response at all.

    So “periodically audited by HYWD” is NOT TRUE. Beware of this program at least until the shady matter is clarified.

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    2 Responses to “Beware Of Magic-Vault”  

    1. Gravatar Icon 1 Jude

      Thanks for the headsup mbongwe, I’ve tried to contact him but there’s no response too.

      Is there anyone you know of whom deposited any money with them?

    2. Gravatar Icon 2 mbongwe

      I don’t know yet, Jude, but I guess some of the people who read the review have done that. We’ll see if someone will respond to the warning.

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