I was approached by Inefex dealer "Mohammad" who set up an account for me and I initially made a deposit of $5,250 which saw major gains mainly on gold. The broker then pressured me to increase my deposit with the promise of making vast sums. I stupidly deposited a further $25,000 and told him I had some savings. The profit margin increased to $150,000 and he was persistent in pressuring me to deposit further funds. I eventually told him I would not be depositing any further funds without recovering my initial deposit. That night the account or all trades were closed (over night) When I asked how a profit of over $150,000 was lost overnight he told me it was because I did not deposit additional funds.

In addition I did withdraw a nominal $300 which to date I have not received although promised by the broker.

How can I get some recompence as I believe I was scammed by the trader and lost a significant deposit and greater profit due to incorrect advice.

I have a record of the trades made over the two week period if necessary I can send a file.