We Have Been Scammed by Provartis, AG

We Have Been Scammed by Provartis, AG - Mark Britain and Paul Ubsdell

We have been scammed by Mark Britain and Paul Ubsdell and a company named Provartis, AG located in Zurich, Switzerland (hereinafter referred to as “Provartis”).

Both Britain and Ubsdell claim they are the principals of a trading program and are officers of the company Provartis, AG.

They maintained that they had traded in the past and were ready to accept funds to enter into a program. They required that funds be sent to their attorney and held in escrow. Once the money was received by the attorney and the account was established, the account information would be sent to us, the funds would be transferred to that account with us being the sole signatory on the account and then trading would start.

The funds were transferred to the attorney’s account but stayed there for over three months while we received nothing but excuses that the bank account was being established that the trading had started. The transaction went from an account in Luxembourg to Germany to Malta and finally Hong Kong. Provartis claimed that one of the principals of the company was King Carlos of Germany.

Provartis et al was introduced by to us by Ronald Mogen of Tarzana, CA. who stated he had known them for a long time and had done business with them and had been paid on transactions.

Provartis claims a Chris Mason of CMAK Finance Ltd. as their “banker” financial person that is supposed to handle the transfer of the funds. He has also given excuses and no funds have been transfered.

As far as we can determined almost all claims made by all of the principals have no merit and are false.

It has been over one year since we transferred funds to Provartis’ attorney and as far as we can determined Provartis still does not have the ability to open accounts in the client’s name or have transacted any trades.

They have repeatedly promised to return our losses of $585,000 but have only given us excuses and delays.

4 thoughts on “We Have Been Scammed by Provartis, AG

  1. John

    Paul and Mark are liars and if you are thinking of getting involved with these people you should think again.

  2. stephen

    Both Mark and Paul are fraudsters……….the people whom they claim are their partners too are fraudsters…..they claim they are legitimate platform owners when they are not and have access to nothing of such……they are chancers whom will play you like a fool and make false representations about their wherewithal…..they mislead you and then cost you money…….they should be reported to the authorities all over the world……of which i am currently doing in Europe…….hopefully the allegations made against them will stick and they will be investigated by the appropriate regulators…….no one needs crooks like them taking our hard earned money……they are CROOKED CRIMINALS


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>