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Adrian Shiroma Is At It Again, This Time With Shatori

Home / Trading Tools and Resources / Adrian Shiroma Is At It Again, This Time With Shatori

By Hugh Kimura

The scamster Adrian Shiroma apparently has a new broker.  I'm not too sure what happened to MitsuiFX.com, but that domain is now redirecting to Shatori.com.  This is just the latest development in the ongoing story of this “Spanish” scam.

The original report that I wrote on Adrian can be found here.  Then I found out from a Trading Heroes reader that Adrian is using a broker called MitsuiFX.  You can read the looong post with the evidence of why I think it's a total scam.

Then recently, Dragonportis alerted me that MitsuiFX has been changed to Shatori.  Just out of the blue, doesn't seem to be any explanation.

Let's see what they are up to now…

Here is what the old MitsuiFX website looked like:

Mitsui FX Website After

Here is what the “new” Shatori website looks like:

shatori

Adrian didn't even bother to change the design.  There is even the big space next to “Regulated” where they had to take out the “NFA” part.  Why not, Adrian is still running his blog on a free Blogger blog.

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I never noticed this before, but there is evidence that this is a scam out of Bulgaria.  Super sketchy that you have to convert your USD to BGN (Bulgarian Lev) every time you deposit and withdraw. But they do make it easy to “make a deposit” via credit card.  How convenient…for them.

Check it, this is on the “Live Accounts” page:
funds-deposit

 

SEE ALSO: The Best Trading Psychology Books of All-Time

Our friend Dragonportis from the last post even went so far as to try to sign up for an account.  Here is what he found:
dragonportis

 

Interesting, what is the angle?  Identity theft?  Not too sure.

Finally, here is what Adrian's website looks like now.  He changed the terms a little, but the idea is the same.  Just for the record, that account that he is tracking with MyFxBook is up +117% as of today.  But it is still NOT verified.  This text has been Google Translated for us English speakers:
shatori-adrian-shiroma

I'd like to think that they have had to make these changes because of what I am writing, but I'm not sure.  Anyway, that is the latest news…stay away!

I haven't heard from all the spammers from the first post in awhile.  Where are all you guys now?

UPDATE (10/12/2012): The scammers have now resorted to writing totally false articles about me online, saying that I have been convicted of unspeakable acts.  I'm working on getting them removed, but I have struck a nerve and these guys mean business!

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Category: Trading Tools and Resources Tag: Adrian Shiroma, Trading Scams

About Hugh Kimura

Hi, I'm Hugh. I'm an independent trader, educator and researcher. I help traders develop their trading psychology and trading strategies. Learn more about me here.

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First posted: August 23, 2012
Last updated: May 17, 2020

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