Alternative Investments International

alternative-invest.com.au

Alternative Investments International only registered for GST in August 2014 and their business name in December 2013 so beware that they have little track record.

They contacted one of my readers who has already been scammed by another Gold Coast business. Using the same database maybe??

This company is offering just two horse racing selections a week and you’re meant to profit 80% per month !!! What’s that..on just about 9 selections! You’ve got to be dreaming. Oh, and that’s starting with just $500, and you make 200% for the first two months!! Sounds like pie in the sky to me.

Their website also mentions investments in race horses, property and mining, but don’t really seem to be investing in them themselves. Seems more like disinformation.

Also, the tag on the thoroughbred investmant page says ‘binary options’. Bizarre. Binary options are not something that any reputable company is involved in.

We’ll be watching this one closely.

115 thoughts on “Alternative Investments International

    1. admin Post author

      Report to the Fraud squad and ACORN.
      File a claim with QCAT or similar organisation in your State.

      Then hound your MP. This has been going on far too long!

      Reply
      1. jan

        Don’t bother, i did and got nowhere. Even my bank tried to have their a/c closed with the St George and Commonwealth banks and they wouldn’t do it.,

        Reply
    2. jan

      Give up, I lost over $20 thousand in Oct 2016. Police, Tax, Asic and other Qld depts reported to, nobody would help but take all details for number crunching only.

      Reply
      1. admin Post author

        Time to ramp up pressure on the authorities.
        If you have it documented, write to a few MPs. Then when they don’t act as well, threaten to send it all to the press.
        It has had effect before.

        Reply
      1. Jan

        I lost $25K. Oct 16.
        Tried so many deptmts/police / radio station all over the state, nobody cares quite frankly. It’s our own stupid fault they say. I thought I was pretty smart, but not gulliblešŸ˜¬

        Reply
        1. Don

          I have lost by the look of reading everybody’s comments $3,600. Very demanding people and wait on the phone with you to transfer more funds into there account. Have been promised payment over and over and every time I contact them there is a different excuse. Has anybody had any luck in getting any of there money back from these scammers?
          They sent a nice brochure in the mail about horse betting and call them selves profit500. Can’t believe I was so stupid.

          Reply
    3. Aub

      Hi Have you had any payment made I have contacted the QLD police and sent them all the sms messages that I had received from David Simpson he said he is the new owner I have been in contact with him over the last 6 month waiting to get paid out now he has changed is phone number

      Reply
    1. Aub Hart

      Hi can some one sent me the contact details for Kevin Tudor from the Fraud Squad. I live in New Zealand and have been scammed by a company called ET International PTY Ltd just living in New Zealand it is hard to get details of what is going on it appeasers that they are not answering the phone and emails are they still in business

      Reply
      1. Jan

        Our bank tried to close their a/c at St George bank but they would not close. We tried to turn it into a positive as the race tips are still coming throu. So we have been checking the results and decided to open our own TAB a/c as the tips have been successful.
        How much did you pay the barstards? Jan

        Reply
          1. Jan

            Started 8/10/16 still recieving tips by email 2 times a week.winnings up but we only started with a pretend $500 spending $20 a tip. ET spends hundreds at a time.

            Reply
  1. Robert

    I invested with Chamberlain, Baker and Partners in January 2016. It was the horse betting scheme, where you pay fees up front, get horse winning software, access to confidential selections 1900 phone number. I paid half the upfront fee (4,900), and ran my own TAB account, with $1000 deposit. Winnings reached $6000, down to $2000 approx. Currently my Tab account is worth $4010, and the selections 1900 line doesn’t work properly. Tried to contact CB&P from WA on 1800 number, not working. Tried to visit their website, not available. Then found this scam alert forum. Will cut my losses, stop betting now. Shit!
    Victim of high pressure salesmen. Scam Scum.

    Reply
    1. Olga

      Hi Robert,

      Yes I also invested in January this year, stupidly, as I lost $30,000, i didn’t make any money on the horse, I went on holidays and have just returned to find that the emails have stopped and I can’t access the Company as their phone numbers have been disconnected. Then I see this website……confirming my suspicions….bastards….I’m furious and would love to know if we could do something about it.

      Reply
  2. Dave

    oh oh – wish I had of knew about this page before I signed up yesterday – have paid the $ 550-00 with not much chance of getting it back it seems – but I won’t be forking out any more rest assured – Dave

    Reply
    1. Paul

      Ignition/ET International PTY LTD –
      I was cold called, got a brochure, liked what I saw and then proceeded to waste a total of $2900.00. Not happy, my office admin person kept a record of my/her interactions, who we spoke to and when. I’ve been asking for the money they promised, advised it was going into the bank and then it was supposed to be a cheque posted normal mail. Its been 4 weeks and I’ve received nothing for the money I’ve invested.

      I doubt I’ll get anything back – I’m just looking for a way to shut these guys down so no one else will get burnt.

      Reply
      1. Jon

        Be careful of ETI Pty Ltd, they are rogues and dishonest pieces of crap.
        2 ph nos to be aware of John 0406749885, Simon 0400380022.
        I haven’t finished with them yet!
        I also think they read this site.

        Reply
            1. admin Post author

              Pretty sure they do keep a watch on this site but the admin of this site has nothing to do with them, why would we!? Why would we spend way too much of our own time exposing them and doing the work that our glorious govt should be doing??

              Reply
      2. jan

        There is no department who will help, i have been on to all the websites. ACCC only wants the names for surveys. The Tax do nothing as technically they are not doing anything wrong,,,,,just looking for gullible people. I thought i was money wise and on the ball, but the pressure of him got $25, grand out of me in 10 days.
        I will live with regret as my husband was unaware of the total.

        Reply
            1. admin Post author

              If the address is valid, Go for it.
              Other people have had success with other scams. Usually get a ruling in their favour and then it’s a matter of garnishing the funds if they don’t pay up.

              Reply
  3. pfm Post author

    I was contacted by phone 2 days ago. Dont know how they got my wk number?? Stupidly never asked. However i was asked if id received and read the brochure. Said no and i got them to email it too me. Wasnt too keen on looking at it at first but i got curios after the woman persistently called me to see if i was keen. Upon opening it i realised it was a horse betting scheme…..invest, bet, and win win win. As i dont gamble the last time she called me i just said no thanks im not interested and that was that. But i just googled this place to see if anyone really does this and low and behold its all a bunch of rubbish. You know the old saying….if its too good to be true…..Definately do your homework first. This place was called ignition with an address of 194 varsity parade, varsity lakes, qld.

    Reply
    1. H

      I was contacted about a month ago (early June 2106), and decided that it could be a good idea. I had heard of this years ago as well. I ‘invested $1500. Stupid me! I have been calling them for over a month, and as yet, I have not seen anything returned. I have asked for details in writing, but it always seems to ‘get lost in the mail’. I asked for an appointment, but I have to wait a month for an opening. When I told them that I was reporting it as a scam, they swore at me, and became extremely rude. Stay away!

      Reply
      1. admin Post author

        We have ascertained that the company H is talking about is ET International, selling their Ignition package. They start with a small $500 investment but try to upsell you after that with them managing the bets for you. The returns they claim don’t seem to bear resemblance to the results.

        Reply
  4. Geoff Downey

    Was contacted two nights ago by a woman who asked if I had received their brochure – I confirmed receipt. I said it was vague and of little substance – she stated it was a very successful investment with little outlay and great profits. When I asked how she had identified me as a potential investor she claimed that I had responded positively to a previous call. When I told her I had not received such a call she lost interest and closed the call.
    Stay clear.

    Reply
      1. Jan

        ETI Pty Ltd.
        Level 4,
        194 Varsity Parade.
        Varsity Lakes. Qld

        Contacts Simon ? and Dianne Kelly
        Smooth talkers. WE GOT HAD

        Reply
    1. Jason

      I was talking to Aaron from ignition and Lisa. they try to sell me but I wake up and told them I want to see result first before I pay them

      Reply
  5. michael

    alternative investments were ‘supposed’ to be upgrading their computer system and have had their selections line down while they did so.

    When I checked today (the date they gave for the resumption of their services) I found that they have completely disappeared. I cannot get their webpage and all of the email addresses that I have for them, have been returned by the system administrator. They seem to have totally disappeared.

    If anyone knows anything please let me know: michael.wooldridge@bigpond.com thank you.

    Reply
    1. Eyetie

      That’s not good at all! I still have three months on my contract – not that I was making anything at all. My initial deposit into my trading account was $1200, am down to $150!!!

      Reply
    2. Eyetie

      I have just gone into their website using the link they sent on 14 October 2015. Try it. And use the December password to access the selection

      Reply
    3. cameron

      hi micheal im looking for them too there going to get a knee capping. ive invested 600 with a p-rivate investigator so im hoping to have an address soon. they are parasites there offices closed in october. I was given a name who has a linkdn ; facebook account not touched for a while but his daughetr and son are contacts that ive sent messages to and nothing yet,im going for a wee trip as soon as i get an address they are scam artists for sure, their selections are a joke paying around $1.10 are nothing more than the favourites from the newspaper. its gonna get messy this investigating firm have a 90% success so fingers crossed they screw up somewhere

      Reply
        1. cameron

          ive come up with walter joseph faets who is on facebook tryin to get in touch but no luck, looks like the phs are all disconnected & website gone they will morph into another diff entity soon and start again. and the govt will do nothing i spoke to qld fraud squad & they will do nothing, im left to find them myself & complain to the dept of fair trade qld what a joke.
          i spoke to a lady who looked like the daughter in law of walter who refused to confirm so i think im on the right trail. will have address soon

          Reply
  6. Maddog

    Anyone had any experience with Chamberlain Baker & Partners? Horse racing software scheme. $9,800 buy in to purchase the software, then $1,000 investment start up, then once your “working capital” gets to $10,000, you have to withdraw anything above that $10,000. They say that they only invest 5% of your working capital each week and only bet on 2 races per week on Saturday in Sydney and Melb.
    They give an address of Level 25, 88 Phillip St Sydney, but they don’t seem to be on the tenant directory for that building. An office leasing company controls that entire floor, so I’m going to call them to see if this company does indeed operate from that address. I’ve tried looking up the name of the staff member that emailed me some info on linkedin, facebook etc and can’t find anything on him either.

    Reply
    1. admin Post author

      Not theard of.
      So they would get your licence fee AND your capital. They could easily make it seem like you’re winning and lure you in for more, OR just say you’re losing. Has all the hallmarks of a scam, in fact very similar to a few.

      Reply
      1. Maddog

        Called the leasing company and they said its against their policy to release any details about any of their clients, so they couldn’t even tell me if this particular company even rented a space on their floor. Not sure why this would be part of their policy. You should be able to ask. I wasn’t looking for any information other than to confirm if they were indeed on that floor.

        Reply
        1. admin Post author

          Seems to be often the case with the admin at the leasing offices. Sometimes depends on who you speak to at reception. Occassionally you will get lucky and they will give you some more info, or hints, such as ‘you’re not the first person to have tried to find so and so”. Other times they just seem evasive and for no real good reason.

          Reply
      1. Dan

        Hi Tom,
        How did you go with your story? They have been in contact with me at the moment. I’m not handing over any money but just interested in what has been found?

        Reply
    2. cameron

      they are formerly alternative investments international also from level 25 88 phillip st, exact same scheme they are crooks of the highest order-do not do this i went there and they dont exist they moved out in october 2015

      Reply
      1. Mel

        Chamberlain Baker and Partners and all these other investment scam companies appear to have the same address: Level 25, 88 Phillip Street Sydney. When you google the tenant directory, the owner is The Executive Centre, who licence ā€œvirtual officesā€ ā€“ this means companies can list a prime Sydney location as their office, but not actually have any presence there:

        http://www.executivecentre.com.au/virtual_offices

        Looks so dodgy!!

        Reply
        1. admin Post author

          We can’t say for sure they’re not there, and many businesses do use the small, ‘virtual’ office spaces as well. But having said that, nearly all the scammers operate this way. So while it’s a warning sign, it’s not a definitive one. It’s worth tryng to get someone to make a visit. Usually if they’re dodgy they won’t be there to meet anyone, or only meet you if you ‘have an appointment’.

          Reply
    3. cameron

      dont do it maddog its the same company as alternate investments & they uase the same address lvl 25 phillip st. i went there & they had long packed up and moved on. just human rubbish man, what was name of staff member ?

      Reply
  7. Leigh

    I fell for ET International, but for a lot less. $660 upfront. 3 weeks so far and if the nine recommendations only 1 has come in. That’s why I’m googling this “scam”.

    Reply
  8. Veselin

    Hey Guys,

    I have a quick query here. Has anyone heard of Transformer or the company ET International PTY. LTD?
    It’s a company that sells a computer program which picks horse placings. They send you their picks early Sat morning of the race and then you place the bets.
    I payed $130.00 to get a full report of the company (from AISC) and they seem like they have no blemishes, but they claim to have been operating 10 years, however, the trading name or company name was registered June of this year.
    I’ve paid the membership, but will call to cancel through my bank if you guys have heard anything negative.

    Any feedback would be greatly appreciated.

    Cheers,

    Ves

    Reply
    1. Mohammed

      Don’t go for it mate. It’s not going to work. I have already lost my money on it. It’s a scam. Ring bank and cancel the transfer.

      Reply
        1. Itayi Ruvando

          I was contacted by a guy called Thomas Blake from alternative Investments after I had expressed interest in a work from home business.

          He then told me about their “package” and I fell for it. Lost AUD$6700 in contract fees and Sportsbet account. Into my second month of the contract I realised that there was no way I was going to earn anything close to what their graphs depicted. I started calling them for explanations. That’s when the cat and mouse game started. They have since vanished!

          Both numbers have been disconnected.

          Reply
          1. Tom Maclean

            Hi Itayi,
            I’m really sorry to hear you lost that money. Are you able to email me a phone number to reach you on?
            Tmaclean@nbntv.com.au
            If I can get more info I can hopefully run new stories looking into these guys and what they are.
            Thanks very much

            Reply
            1. cameron

              i really hope you get them tom as it looks like they are operating under many diff names & doing so many people over its a disgrace its insane that they can just casually continue to do this . surely with your contacts you must be able to get an address for us. cheers cameron

              Reply
            2. Harry

              Hi Tom

              I had experience similar scam with Alternative-invest.com.au

              I was contacted by a lady called Ursula Johnson from alternative Investments after I had expressed interest in a work from home business finder website.

              She then told me about their ā€œpackageā€ and I fell for it. Lost AUD$7000 in contract fees and Sportsbet account. Into my thrid month of the contract I realised that there was no way I was going to earn anything close to what their graphs depicted. I started calling them for explanations. There was no answer or reply to emails. I called the home business finder number & said that the work their refer is not legit as advertised on their website. I spoke with Michael who promised me to ring me back after contacting someone from alternative invest but never heard from him.

              Just wondering if there is anyone we can approach for the refund of our hard earned money

              appreciate your time.

              Both numbers have been disconnected.

              Reply
              1. admin Post author

                Do you mean Michael was from Home Business Finder?
                You could try making a claim through QCAT or equivalent body in your State. It would only be for your contract fees though. If paid by credit card, perhaps a Charge-back would succeed.

                Reply
              2. John

                You may be able to stop them from doing additional damage to others the tax office as they did not provide tax receipts and aren’t likely paying tax, the ACCC re consumer concerns, ASIC re company irregularities and the Fraud squad at your local police station

                Reply
        2. dave

          please keep me in mind when you find any of these assholes i do want to meet them and introduce myself.

          Reply
          1. Tom Maclean

            Hey Dave, yeah I’m getting closer to tracking them down.
            If you’re able to email me your number to tmaclean@nbntv.com.au that’d be a great help. I’m trying to get more understanding about how they operate. Also contact Queensland Police and ASIC if you haven’t already.

            Reply
            1. dave

              cheers but i’ll just wait and watch for now i’m over giving out more personal info at the moment. i will keep watching the replies for now. GOOD HUNTING EVERY ONE. Dave

              Reply
              1. Mel

                I have just reported these guys to scam watch…we received a call about a month ago followed by a wonderful 12 page glossy brochure. Today we did a bit of research because we were ready to hand over $600 and discovered they had not been in business for the 8 years they claimed, the ABN was registered last July. We still have the brochure and envelope it came in. The address on the brochure and contact details are an address in Varsity Lakes Qld. There is a 1300 number and we have the mobile number the person contacted us on. They still think we are going to invest as we haven’t spoken to them since we found out they are a scam. I will send you an email today Tom, I will scan the brochure for you. As a side note, it appears they are now targeting businesses. We own and operate a small construction company and they wanted to ‘present an investment opportunity to the business owner’.

                Reply
        3. Victoria

          ET international is clearly a scam. I know one fellow he has already lost thousands. They caught him in a weak moment and he was just sucked in. Now he is spending thousands on solicitors and barristers trying to retrieve the money, however without any success so far. It is interesting that Police do not want to know about it as they do not consider it criminal but rather a civil matter. It is also impossible to track the company down to serve any Court papers on them as they have just sacked their accountant, there is no forwarding address for any correspondence. The guys that call you or send the emails use fake names. The director is impossible to locate even by a process server. The company is registered with ASIC and has an ABN and ACN numbers. However, ASIC was reluctant to help as well. They generally refer you to the Department of Fair Trading, NCAT. I am trying to convince him to report it to scam watch at least. I believe that even if you can’t get your money back at least the matter should be properly reported. It is so unfair when people like those bastards get away with this stuff.

          Reply
          1. admin Post author

            He should report to ACORN and the Fraud and Cyber Crime Group ( Fraud Squad Qld).

            Could you get him to email us too please?

            Reply
            1. Victoria

              I will ask him to email you, however he is beyond embarrassed right now even to talk about it. He has been advised by the Police that this is not a fraud, but rather a civil matter, and it is not a cyber crime either. I am typing a statement on his behalf to report it to scamwatch and maybe to Queensland Police as well. So far, we have reached the dead wall. He is unable to take it to Court as there is no one to served the documents upon. The other side is running and hiding. The Police and ASIC are not very helpful either. Will ask him to email you guys anyway. Regards.

              Reply
              1. admin Post author

                Sometimes it depends on who you speak to at a police station. They may give a bum steer.

                Scamwatch are pretty useless. They never name names to warn anyone. They just add the info to their database to produce pretty reports each year about how much scmming there is.

                email us at admin@aussiescamalert.com

                Reply
            2. cameron

              hi ive reported to accorn & cyber crime and fraud squad qld they will do nothing even though this is clearly a scam & any judge in his sane mind would look at this within 2 minutes and charge them. how truly sad the govt is

              Reply
            3. cameron scott

              hi tom i have reported it to accorn & the cyber crime squad in bris both have said its a civil matter. this is just insane. someone sooner or later is goung to find these bastards

              Reply
        4. A

          About ET International also trading as Ignition.
          I fell for there trap hook line and sinker to the tune of $22,000.00.
          I am a very level headed person and would or so I thought get caught in such a scam . I was contacted by a woman called Lisa asking me if I had received there procure and I informed her that I had thrown it out .She informed her that it was a company business and had been operating since 2008. She emailed me a new copy and it looked good. Like an idiot I did not check the out . You paid $550.00 and had a TAB account with a $1,000.00 amount in it .They emailed you 2 horse selections on Saturday .
          Once I had sent the $550.00 fee I was contacted by Simon who informed me that he owned the company and if I paid a further $5,500.00 I would have lifetime membership and they would place $10,000.00 in my TAB account . The following day Simon rang me to say that money had won $24,500.00 and he was depositing in my bank and gave me a receipt. Of course it neve arrived and I can’t bare to think how stupid I was. They give an address as
          194 Varsity Pde Varsity Lakes Qld 4277
          Ph 1300421773 Fax 1300421776.
          I have reported this to scam watch and Assic they were of little help but I would love to expose them so that others don’t get caught.

          Reply
    2. Tony

      Hi,
      I paid 550 to get started and 1000 for premium access they place bets for me and am down only $55 from Saturday they say Wednesday is the big day for racing

      They called monday saying they had traded for me and had made $20000 in profit but I had to pay them another $5000 to have it credited to my tab account

      I said just credit me the difference but they said tab fees had to be paid first I checked and tab is net of fees.

      I’ll change my password and get my money out of tab and see the fraud squad but I’ve been a sucker and don’t believe I’ll get my money back

      Ant

      Reply
      1. admin Post author

        Was that Alternative Investments or ET International/Ignition? That’s the second report we’ve heard like that: that they trade your account and it somehow reaches tens of thousands but you need to pay a few thousand to release it.

        Reply
    3. John

      I paid them the results questionable read the comments below because I complained they threatened to sue
      Be careful and see the comments below

      Reply
  9. Mohammed

    It’s scam I lost joining fee $4,950.00 and $224.00 in sports bet account. It’s a scam they got me over the phone. I didn’t how I can get my hard earned money back. The company is registered and all, also got ACN.

    Reply
  10. kirsty

    Hi
    Just thought id add my 2 cents. Ive lost $2500 with this scam . Please dont do it!!!!! I dont know why I got involved with it. They caught me when I was vulnerable financially and I jumped in without really investigating the company and its dealings.
    JUST DONT DO IT!!!!

    Reply
  11. Miranda

    It’s a scam and i fell for it lost AUD$6450 in total including the fee for the software and the amount you deposit as capital to start .

    Reply
  12. Geistiger Mensch

    Reasons for significant skepticism:

    1. Their website has no photos, biographical data, addresses or experience of individuals running the company, but pictures of vacuous models attempting gravitas.

    2. Language syntax errors in the website induces perceptive readers to suspect lack of attention to detail and cognitive focal insufficiency.

    3. The website graph, which is suggestive of a significant financial growth prospect, is proclaimed without any substantive explanatory rationale.

    4. The narrative content of the website is not convincing or informative but is ridden with self-serving platitudes and pretension.

    Ask yourself ! Why would they let you in on this ‘amazing system’ when they could invest themselves and make considerably more that the stated $250 commission per month, as stated on the website. Oh, I almost forgot, of course, it’s because they are a philanthropic charity.

    Wake up Australia! these leeches are everywhere.

    Reply
  13. Nerida

    Have read comments posted here as I have been approached via phone today and would really love to hear from anyone who has actually tried this as to their experience.
    Thnaks

    Reply
  14. cam

    do not whatever you do go with these people alternative investments int they are a fraud and under investigation by nerang police, they have taken money from people then dissapeared

    Reply
  15. Mark

    I have been contacted by another horse racing investment called ON-V. Has anyone out there heard of this one by any chance?

    Reply
    1. John

      Yes I heard about them from a friend they are in nz and claim to have exclusive license to feeds that give them an advantage In the betting markets.
      They will give you a computer and software for $10000 set and forget apparently be careful

      Reply
  16. Marilyn

    Hi I have been approached by Alternative Investments International and I was wondering if anyone has been to check out any of their offices…the website says that they are located in Sydney and Nerang, Gold Coast. I am thinking of going for a ride to Nerang but it is a long way as I live in Sunshine Coast, so if you live nearby or even the Sydney office that would help heaps to know if they have a legitimate office

    Reply
    1. blair

      hi mate was going to go 4 a ride myself but to cold so I let the computer do the work all is bull shit contacted Sydney Realtor not at giving address gold coast same just houses on streets as 4 a company calling itself home business finder same thing phoned land lord of there aperant office never heared of them. these people are ringing me back Thursday and I will be pushing real hard 4 a address so I can pay them a visit he he he

      Reply
  17. Sylvia

    Hi they told me company registered in 2006′ it’s working from home bussiness with horse software. Payment $$4995 to start$500 thanks after reading your comment I am carefully. Got all contract etc for alternative investment pty

    Reply
    1. mark

      so in the end did you find out if this is a scam because they are also approaching me now too and I’m not to sure what to do

      Reply
      1. Slyvia

        Hi I didn’t pay or start anything . They called me when I registered in finders. Com work from home. Don’t feel like doing this after reading comments. Bye regards slyvia

        Reply
      1. Lea

        If it sounds too good to be true, it probably is! They kept calling when I said I was interested, but when I asked more questions, they could not answer. No info except a very uninformative website (anyone can create one), a performance chart (anyone can churn one out), and a few persistent phone calls promising great returns. When I protested over the large upfront fee of $4950 (for “very powerful software” for picking winning horses), they offered to give a discount down to $2500.
        I have decided not to go in. Good luck!

        Reply

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