Mick Featherstone charged!

Mick Featherstone: Former detective charged over alleged multi-million dollar fraud syndicate.

At last.

Read the full ABC story by Mark Willacy here

Also it was the lead story on Qld ABC news: http://iview.abc.net.au/programs/abc-news-qld/NN1604Q047S00

Well done to the CCC, Police for a mountain of work, and the ABC for investigating the story. Let’s hope justice is done.

Binary Options Scams

Seems there is a spate of these lately, all over the web. We’ll try and name as many of them as we can here. Usually they appear on pop-up windows while visiting various sites. Sites that may be perfectly legitimate, but they have to fund themselves somehow and these ads may appear even on reputable ad networks. ( Heck, they may even show up on this site!)

The ads usually tout Easy money making, replace your income, in a few minutes a day, anyone can do it, and you only need start with a hundred dollars or so. And if you click away, they’ll be quick with an offer to let you start for free ( if they haven’t already told you you can start for free)! Often they will tell you that you can use their proprietary software for free to get the winning trades.

The ads tell you that Johnny made $92,707 in only three months, Sarah made $21,487 in 21 days, and Alice made $249, 228 in one year, etc, etc

All it really is, is signing you up to a Binary Options broker, who will pay the scammer a juicy commission on your sign up and even ongoing commissions on how much you lose.

This is obviously working for the scammers because we see these ads repeatedly.

Let’s start naming: ( this is by no means a comprehensive list. It’s just the tip of the iceberg)

Binary Options Scammers

Market Buster     www.market-buster.com
The Aussie Method   www.aussiemethod.com
The Sydney System
The Brit Method   www.thebritmethod.net
The Canuck Method    www.thecanuckmethod.net
The Amissio Formula   www.amissioformula.com   (Broker not shown. You just have to deposit money to an unknown account! )
The Profit From Home System     www.pfhsystem.com   ( this girl is so full of it  that it makes you want to puke.  Of course, she’s got such a big heart she’s giving you her system for FREE! First time we saw the video she was Australian (with a shocking accent) and had to go pick up her kids from school on Boxing Day !. Now she’s American )
Cloud Trader
Golden Goose
Guardian Angel
Alive in 5
Profit Infinity
Magnetic Profit
Greenwood Formula ( with $10,000 guarantee!? )
Quantum Code
Opus Formula
Drexel Code
Zulander Hack
The Cash Code
George Professor , georgeprofessor.trade   ( he says 35+ years trading experience. It’s more like 35+ years scamming experience. He’s been around for ages flogging rubbish)
Free Money System , freemoneysystem.co
Blazing Trader, blazingtrader.com

 

Binary Options Brokers

Just search their sites for ‘Affiliates’ or ‘Affiliate Program’ etc. There you will find how much they are paying out your buddy, the scammer.

Opteck     www.opteck.com
Binary Brokerz

Up to $100 per lead, 20% commission share ( and higher!)

If you want to read an in depth report of what it is like inside the world of Binary Options scammers, read this great piece from The Times of Israel

 

 

Send us names of any others you come across please.

Property Investment Providers

www.propertyinvestmentproviders.com

www.propertyinvesmentprovidersaustralia.com

Caution, caution, caution.

Thankfully a thoughtful reader alerted us to this one and the name associated with it: Peter Phillip Lucas.

Peter Phillip Lucas is the Director and has been Director of a few other scams, usually associated with Harry Omeros. ( or are they one and the same person?).

This is supposedly property investment. Five different levels of investment with immediate weekly returns, eg: $200 per week on a $10,000 investment! that’s 100% return per annum. Alarm bells should be ringing!

They say they have 72 years combined experience in the property markets.  Maybe so. They say they have helped 3,787 clients over 17 years invest in property. Funny…they’ve only been registered as Property Investment Providers since August 2015.

So how would Property Investment Providers work?

Now let’s see..they say they sell their property developments for 8-13% return and investors get 2% return per week.
If they have their 3,782 clients all of whom just invest at the small $10,000 starter level, the company would need to pay out $756,400 each week, and sell over seven and a half million in property every single week to pay the dividends.

If you are thinking of investing with them, PLEASE do some research and think very , very carefully.!

Please do get in touch and tell us about your experience.

Industry Support And Services

First suspect comapny of the year:

Industry Support and Services

Web address unknown.

They’ve been calling people from number (03) 8672 7910 with a spiel about reducing tax and creating a retirement fund all supported by Government incentives and schemes. The call will go somethiong like this: “I spoke to you a year ago and you didn’t qualify and you told us to call you back in 12 months. Going to ask you some questions and see if you qualify for this special incentive where you can direct 50% of your tax towards future wealth such as an investment property.”

When asked for a web address they balk.

When asked for a direct contact number they say the inbound line is always busy and they’ll call back.

When asked for their location they have given 1 Queen St, Melbourne but didn’t know what office they were ( so the caller obviously wasn’t there ). When pressed they hang up.

There’s many reports here too http://www.reverseaustralia.com/lookup/0386727910/

Anyone with information or experience with them please get in touch or comment!

Cambridge Options

cambridgeoptions.com

9/12/15: now XETRAOPTIONS , xetraoptions.com

Yet another ‘Industry Leader’, ‘Industry Preferred’, ‘World’s Most Popular’ Binary Options signal provider.

Established with an ABN just this month (10th November) you wonder how they can earn those accolades. Or even the testimonials:

CambridgeOptions testimonials

Maybe because the people are not real clients but just people in some images they pulled off the web:

Daniel_vic

They’re not even registered for GST yet apaprently ‘sold out’ of their ‘Business 48′ licences.

Trust them with your money??

Profit Online Bizz

http://www.profitonlinebizz.com

Harry Omeros is very busy..another morph of Bidlife, which then became Passive Ebay Income , Passive Income Creations and then Lifestyle Profits.

Same scam offering to set up your own Ebay store, which we have never heard of being delivered.

Same testimonials copied illegally from a legitimate Ebay business marketer.

Police at the Fraud Squad have been informed about this group for at least 6 months. When will something be done??

Financial Freedom Australia

http://www.financialfreedomaustralia.com/

Harry Omeros is at it again.

Needless to say, if you get involved you will lose money. He will take your money mercilessly.

The police and fraud squad have known about this guy for several years yet he is still on the loose.

He often uses the aliases of Peter Philips, or Philip Lucas ( or similar)

 

Financila Freedom for who? Certainly not you !

Aumine

Aumine Pty Ltd, www.aumine.com.au

This appears to be the new morph of BGC Trading/Partners/Strategies (all BGC’s three sites have disappeared now), which in turn was a morph of Universal Trading Strategies / UTScorp.

It’s not hard to discover. On their ‘About’ page, Aumine mentions that they are Universal Trading Strategies:

Universal Trading Strategies

This time they’re using nicebetting.com for their trading agent. BGC and UTS were using bestbets247.net. Well it appears that Nice Betting is Bestbets247:

nicebetting 247

They’ll have to win the award for 2015 of Most Stupid Scammers

More charges laid on Gold Coast scammers

Two more charged, this time in relation to Lay Trading Solutions

http://www.abc.net.au/news/2015-09-04/two-charged-in-queensland-over-boiler-room-investment-scam/6751580

in December 2013 one of the men, Graeme Dwyer, was sentenced to six months imprisonment, suspended upon entering in a $1,000 recognisance to be of good behaviour for a period of 12 months. So much for good behaviour!

http://asic.gov.au/about-asic/media-centre/find-a-media-release/2015-releases/15-031mr-gold-coast-chartered-accountant-sentenced-following-asic-investigation/