Fraudulent company I tearfully cancelled my American Express (Amex/AMEX) card (ノД`)
For me, investment is more than a hobby; it has become a side business.
(…In recent years it has tended to shrink, and it’s sad that it’s no longer a side business)
)
But what makes me even more furious and unable to forgive is unfairly losing profits from the incidental earnings I do as a hobby.
While investment can yield large profits, if you fail you incur losses… I accept this as a basic fact and proceed accordingly.
However, with hobbyist side earnings, as long as you meet the conditions according to the rules of the company or the points site, you are guaranteed the promised rewards… that is how I operate.
There are no risks and no losses, but the rewards are only a few hundred to a few thousand yen, at most around 10,000–20,000 yen.
【But American Express (Amex) has broken its promise and unfairly robbed rewards】
As written, with utilities bill payments,they promised 40,000 points ≈ 20,000 yen value but Amex did not provide the points.I argued for about 30 minutes on a complaint call, but in the end they finished without paying the 20,000 yen they had taken.
Since this Amex Gold Card would soon have an annual fee for nearly a year, I had no choice but to cancel.
The phone person unashamedly ended with “No, we won’t pay.”
When I proposed cancellation, I had heard that they might offer to make the annual fee free for another year or throw in extra points, but none of that was offered, and I was able to cancel quite smoothly.
This is the reality of foreign companies operating in Japan.
In the United States, a litigation powerhouse. If a Japanese company like JCB did this kind of fraud in the U.S., they would surely be sued and required to pay tens or hundreds of billions in compensation. Yet, backwards, Amex breaks rules and steals points in Japan, and continues to operate with a smug face in Japan afterward.
Some individuals have sued individually and retrieved points, but that’s probably because those people were aiming to receive hundreds of thousands or millions of points by hiring lawyers? For those who planned to earn tens of thousands of points as side earnings, it seems only I and a few others were robbed of them.
Trump is the same; the United States feels like a thief just taking from Japan.
【Overseas FX is similarly malicious, so be careful】
If it’s like this in America, you can only imagine how overseas FX targeting Japan would behave.
(This is a blog about investments, so I forcefully connect it to FX
)
Speaking of which, a long time ago, under the pretext of broker bankruptcy, I faced improper capital restraint in overseas FX and almost lost more than 1.6 million yen.
Then I borrowed the power of a Japanese card company and obtained a legitimate refund.
Recovered 1,665,335 yen (full amount) from a bankrupt FX company!! This was the asset freeze during the Swiss shock ♪
Overseas FXExcel MarketsThe money I was about to lose, over 1.66 million yen, was recovered with the help of a Japanese credit card company (the FX account had been funded with a card).
…So how about Amex against that Japanese card company? → On the contrary, American Express does not oppose unfair competitors but commits its own point fraud and harms customers.They actually commit point fraud themselves and harm customers.
Truly, overseas operators including America are scum criminals who do as they please in Japan.
I wanted to leverage high leverage trading like EUR/CHF or USD/CNH, USD/HKD, etc., through overseas FX, but their inhumane methods will surely exceed your imagination.
Even the legitimately operating Amex in Japan is a clearly fraudulent company.
With that in mind, please challenge overseas investment companies.
【Current situation of BRL/JPY (Brazilian Real)】
Even after interest rate cuts, they have kept the swap rate relatively high, though it has fallen a bit.
Rate is 36.1 (10,000 units = 361,000 yen), swap is 92 yen.
Annual swap points: 92 yen × 365 = 33,580 yen
As interest, 33,580 ÷ 361,000 ≈ 9.3% per year. Still excellent.
I think the bottom is in, unlike the Turkish lira which has no upward prospects and the dollar which is being sold off despite rate hikes, and NZD that continues to decline slowly, the Real is holding in a range.While holding, the interest rate is 9.3%, and with 5x leverage the annual rate would be about 46.5%, which is extraordinary.

Nemugon is loading up a lot again → if it crashes, I will dieヽ(´∀`)ノ
Settlement history from March onward
Still earning a lot
Even I am undefeated and have profits over 1,000,000 yen♪ BRL/JPY can be traded by only one company! An invincible account is also completed

※ We can introduce BRL trades with campaign rewards



【The best reward rate points sitePoint Income】
Writer:Nemu-GonDelivering the truth! I run a comprehensive FX information site called “Former financial institution staff FX blog.” I have 9 years of FX experience and also trade Nikkei 225, gold, crude oil, etc.
Blog:Delivering the truth! ‘Former financial institution staff FX blog’
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