Juan Pablo Jutgla was born in April 1976, Uruguay national (also claims to be Israeli national), currently is a UK resident and lives in the UK on a permanent basis. Educated in a private Jewish University (Universidad ORT Uruguay), studied finance and marketing. In 2009 obtained Investment Consultant Licencee in Finance in the Israel Securities Authority.
Juan Pablo Jutgla and other members of the criminal organisation are the beneficiaries of the companies that offer international financial markets investment services. Those companies claim to be broker companies. However, they are not authorised to work in the financial services market and therefore their activity is illegal.
Companies are deceiving traders, promising high returns and secure investments. In reality, client’s funds are not being invested in the financial markets. All funds remain on the broker company account and the trades are dealt between the traders themselves (internal clearing). From each trade the broker is changing a commission. If a trader wishes to withdraw funds from the account, the broker intentionally leads the trader into a loss making trade deal and as a result, all investments are being lost. The broker then obtains the funds. The following activities are considered to be a fraud and are a criminal offense.
Juan Pablo Jutgla is offering to set up companies, his program is called White Label. Services include company registration on a nominal directors and shareholders, development of web-resources, opening bank account, linking to one of the affiliated call centres and provision of counterfeit trading platform MetaTrader 4 (MT4). Brokers then offer trader to download this software from their website, but unlike the genuine trading platform MT4, the counterfeit version does not provide real connection to the trading markets, and only imitates this process. This is how the customers are being lead into a fraud.
Juan Pablo Jutgla is a developer and administrator of yourtradechoice.com. The following website is used by the trade mark name Your Trade Choice (YTC). Commissione Nazionale per le Società e la Borsa - Consob (Italy), Finanssivalvonta - FIN-FSA (Finland), Comissão do Mercado deValores Mobiliários – CMVM (Portugal), Comisión Nacional del Mercado de Valores - CNMV (Spain), Financial Markets Authority – FMA (New Zeland) have issued an official warning that Your Trade Choice (yourtradechoice.com, yourtradechoice.net) does not have a legal right to offer services as a financial provider.
Juan Pablo Jutgla is one of the actual managers (owners) of the broker companies working under Your Trade Choice: Choice Trade (International) Ltd, Trade Choice FX Ltd and Your Trade Choice OÜ brands. None of these companies are authorised to work on the financial markets. Their activities are carried out illegally. These companies are engaged in miss appropriate allocation of trader’s funds.