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Steve P 2:14 Thu Apr 5
'Champagne' City Trader Held In Fraud Probe

A currency trader who hit the headlines for spending £125,000 on a single bottle of champagne has been arrested by City regulators.

Alex Hope, 23, who promotes himself as a foreign exchange expert, was held over a suspected unauthorised foreign exchange scheme.

Hope, who has a flat in east London's Docklands, gained significant publicity last month after he apparently splashed £200,000 on drinks at a Liverpool nightclub.

The bar bill was said to have included a £125,000 on a Nebuchadnezzar bottle of Armand de Brignac champagne.

He has created his own YouTube showreel, in which he tells the camera: "You don't see a lot of people my age in the City doing what I do.

"And I feel I have got a lot of good opinions of the markets, as well, which you don’t hear from people my age."

On the video he describes himself as "definitely ambitious", adding: "My goal isn't just to make a lot of money for myself and set up a business but to also create jobs for others."

He has claimed he discovered his interest in currency trading while still a teenager and working at Wembley Stadium.

The Financial Services Authority said it, assisted by the City of London Police, searched an address in east London on Tuesday and arrested a man on suspicion of offences under the Financial Services and Markets Act 2000 and the Fraud Act 2006.

An FSA statement said: "No one has been charged at this stage in connection with the FSA's investigation, which is ongoing.

"No further details can be confirmed at this time. The arrest is not linked to any other FSA investigations."

A message on Hope's website, alexhopefx.com, says it has been suspended.

Looks like a right cunt an all.

Sydney_Iron 10:57 Thu Apr 5
Re: 'Champagne' City Trader Held In Fraud Probe

I’m a trader here in Sydney.

Don’t know much about this bloke but im guessing he’s been spruiking some get rich scheme and that’s how he’s made his money, the forex markets are full of people peddling such schemes, they all portray the same thing, that there’s easy money to be made, well IMO, these are in fact the hardest markets to trade and like options and CFD,s which are also spruiked as easy money suck many a mug punter in to do there dough, mainly dreamers who get sucked in by the smooth talking sales pitch of being your own boss, working when ever you want and huge profits to be made from such small accounts, get a few hundred mugs each month paying you a few grand a piece and you will do very nicely.

In reality trading is pretty boring, highly stressful and your income very uncertain, most full time traders trade the futures or stock markets, there on the whole big, exchange traded and transparent.

yngwies Cat 9:40 Thu Apr 5
Re: 'Champagne' City Trader Held In Fraud Probe

He's the sort of chap that always has overdue library books. A bad egg.

Exiled In Surrey 9:30 Thu Apr 5
Re: 'Champagne' City Trader Held In Fraud Probe

There are loads of different ways of making as much or even more money than these boys.

Legal and less so.

Don't be jealous.

I.want.that.one 5:56 Thu Apr 5
Re: 'Champagne' City Trader Held In Fraud Probe

is that jealousy dwight? how many thousands have you spent on tickets for fuck all return?

Xnulian Rrudho 5:56 Thu Apr 5
Re: 'Champagne' City Trader Held In Fraud Probe

Gavros

You'd hope so, wouldn't you, but he's probably the epitome of a 'noise' trader (if I have the term understood rightly anyway). As arrogant as he is dangerous.

defjam 5:55 Thu Apr 5
Re: 'Champagne' City Trader Held In Fraud Probe

I.want.that.one 5:38 - Amen!

Dwight Van Mann 5:55 Thu Apr 5
Re: 'Champagne' City Trader Held In Fraud Probe

the prick is a lotto winner

Shandyboy 5:52 Thu Apr 5
Re: 'Champagne' City Trader Held In Fraud Probe

Pagey 2:32 Thu Apr 5

HAHAHAAAA

I.want.that.one 5:38 Thu Apr 5
Re: 'Champagne' City Trader Held In Fraud Probe

anyone, ANYONE who works in the city is a cunt, wanna be cunt or a soon has-been cunt.

Gavros 5:35 Thu Apr 5
Re: 'Champagne' City Trader Held In Fraud Probe

not at all bruuno. only ive worked in currency markets for years, and i can tell you now that unless youre seeing client flows of the magnitude to move markets and trade off of profitably, there is no tougher market in the world in which to make money. anyone who says otherwise is a liar and/ or an idiot.

JACK1 5:28 Thu Apr 5
Re: 'Champagne' City Trader Held In Fraud Probe

Obviuosly a drinking of yours P

bruuuno 5:00 Thu Apr 5
Re: 'Champagne' City Trader Held In Fraud Probe

Gavros you seem to be a bit obsessed, jealous at all?

Son of Sam 4:53 Thu Apr 5
Re: 'Champagne' City Trader Held In Fraud Probe

was hoping it was one of the pricks on here but sadly not

http://www.westhamonline.net/forum_flat.php?5891557|a0_a5

Gavros 4:47 Thu Apr 5
Re: 'Champagne' City Trader Held In Fraud Probe

Xnulian Rrudho 4:40 Thu Apr 5

Seeing as he completed his own university degree programme in three months, he should have the issue of tobin taxes nailed, wouldnt you think?

I'd like to see this bloke in the apprentice, that show was made for arrogant morons like him.

Josh 4:44 Thu Apr 5
Re: 'Champagne' City Trader Held In Fraud Probe

Gentry 2:20 Thu Apr 5

North Bank 4:43 Thu Apr 5
Re: 'Champagne' City Trader Held In Fraud Probe

Fair play to him, he's got some front

Xnulian Rrudho 4:40 Thu Apr 5
Re: 'Champagne' City Trader Held In Fraud Probe

I'd like to ask him how he feels about the plausibility of either a currency transaction tax or a more general financial transactions tax being adopted by more than a handful of countries, in the medium-term wake of the 2008 crisis.

Pagey 2:34 Thu Apr 5
Re: 'Champagne' City Trader Held In Fraud Probe

The backlash I got from that was incredible.

"Flash cunt just throwing his money around."

"Thinks he's better than the rest of us."

"I hope the cunt dies."

And that was just from family.

Steve P 2:33 Thu Apr 5
Re: 'Champagne' City Trader Held In Fraud Probe

Well, looks like I got you all wrong then, Pagey.

Pagey 2:32 Thu Apr 5
Re: 'Champagne' City Trader Held In Fraud Probe

I once spent £1.20 on a can of Pepsi.

Gavros 2:29 Thu Apr 5
Re: 'Champagne' City Trader Held In Fraud Probe

Im willing to bet that the money he spent on that was either his parents or a fucking huge debt he's got himself into in order to create a bit of publicity for himself. The boy has severe mental problems.

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