Watch List

Companies and businesses that may be scams or maybe legitimate:. Here is what we have covered or will be looking at in the near future. Certainly tread with caution if you are thinking of investing large sums of money. Ask questions and please contact us if you have any information about any of these companies.

Please feel free to contribute feedback or more suggestions by replying in the comments or by email.

Exelon Group , exelongroup.com.au

World Binary Exchange , worldbinaryexchange.com.au  ( external link)

Stockatic, Australian Trading & Investment Corporation, www.australianstockmarket.com.au (external link)

ATIC Corporation

NGC Group

Larsson and York

Real Wealth

Custodian Wealth Builders (Review at Consumer Reviews Australia)

ATM Premium / PDF Group (Review at Consumer Reviews Australia)

Asset Solutions Australia

Property Investment Providers

Cambridge Options, cambridgeoptions.com

Rohan Austin Financial Services (?)

Intel Options

West Binary

Markets and You, Market Securities Australia, Quantum Securities, Market Security Corp

PHG Trading

Wealth Planning Group

Share Centre, Australian Shareholder Centre (external link)

TRP Investment Services, TRP Capital, TRP Sydney

True Wealth

Keystone Finance

BGC Trading, bgctrading.com.au, bgcpartners.com.au

Passive Ebay Income, passiveebayincome.com

Passive Income Creations, passiveincomecreations.com

Opulen Group , theopulengroup.com.au

Tolinkinforex , tolinkinforex.com

Consolidated Trading Partners , consolidatedtradingpartners.com.au

Quantum Securities  (external link)

Bidlife  bidlife.info  (ebay course scam )

Sanitatum Group , Sanitatumgroup.com

IT 4 Markets

Alternative Investments International

Ignition, ET International

Income Connect Australia and in2markets.com

CVC Option , cvcoption.com  (binary options broker )

Sports Trading Club , STC , sportstradingclub.com

Prestige Capital , prescap.com.au

Advanced Wealth Systems

Anderson Wilson Stuart

CS Solutions , thecssolution.com.su , Cross Section Solutions, crosssectionsolutions.com.au

Trading IT    tradingit.com

The ATP , The ATP Australia

The Association of Trading Professionals    theassociationoftradingprofessionals.com

Advanced Trading Partnerships

Winchester Securities

ITZA , ITZA Online , itzaonline.com

Bet On The Line , BetOTL

EurobondFX

NetCFD

UnionoptionsUK

Wealth Online , wealthonline.com.au , E-wealth online , WealthFX

OzPlatinum

UTS  Universal Trading Strategies Utscorp.com.au

Synergy Financials (external link )

Marktec Pty Ltd, Market Technologies Pty Ltd , Markettechnologies.com.au  If you have any experience with them please contact us!

GTA . GTA Pacific . GTA Info . GTA Live

GT Australia , GT Alliance

OWS , ows.net.au , owsgroup.net , owsgroup.com , possible link to One Wealth

Princept  (external link), princeptualmgs.com , princept trading , MGS , Hazina , PTplatforms.com

Aussieprofit.com (external link), australianbull.com

GMS (external link)

Trilogics, Intervest Global

Australian Tipping Guru , atguru.com.au,

Punting2win

CMbusiness cmbusiness.com.au , ZFX Solutions

Investment Software Solutions investmentsoftwaresolutions.com.au

may be linked to High Option Trading , highoptiontrading.com

Aston Forex , astonforex.com

etradingsolutions.com.au e-Trading Solutions

ewealthbuilding.com.au

laytradingsolutions , LTS , ezylaytrading.com

Goldencove Inc

Pegasus Trader (external link)

Topazair Pty Ltd / TPZ International /Topazair.com.au (new binary system)  Topazair are also linked to:
St George Limited / Questbet
and Laybets who exhibited some quite questionable behaviour

Blanche Equity

CM Traders

CommOptions

West Binary , westbinarycom , West Digital , westdigital.com.au

Thomas Greene and Partners

Trading Capital Partners (see UK Homebusiness..looks very similar scheme)

PBX 300 / Newmont Trading / SX300 X360

AIC International (external link)

Laybetprofessionals

Voss Capital Management , Cybersportsbet , sportsbet247, Accord Professional Group

Inner Circle Strategies

Laybets

Ukhomebusiness

Proficient First

Tablinksportsbet

Intuitive Sports

Oracle Investments

Queenburyinvestments

Bachmann Group

Marlin Reynolds

Grainger Trust (Very similar to Bachmann Group or Marlin Reynolds )

Brookshire Traders , brookshire-traders.com, qbetting.com

Kensigton Trade , kensigtontrade.com

Embassybets.com

Priomha

1Wealth

Fairtrack

Kevs punting group

KL Advanced Strategies

I-Selections

Please feel free to contribute feedback or more suggestions by replying in the comments or by email.

 

36 thoughts on “Watch List

    1. admin Post author

      Not dealt with them, but seems they are marketing a Lay Trading scheme.
      Usually ends in tears.
      If they called you out of the blue, it has all the hallmarks of a scam.

      Reply
  1. peter M Clayton

    The above I believe are also trading or have been trading as Austwise and Oaktree Binary, originally claimed to be working out of Melbourne then Sydney, sales person by the name of Tyra O’Neil on 0467 304 896 also a name Steve Black came up 04553733177, A rob Johnson 0455 366 654 and an office number for Austwise 02 2089 8614 any one had any dealings with the above as they do not answer phones and seem to have disappeared

    Reply
  2. Martin I

    Have been contacted by Charter Hurst Agencies. Please people stay away from companies trying to sell software to win at the horses by laying loses. It just doesn’t work for the novice person or even for the dedicated gambler in 99% of cases. Think about what they are telling you, do the maths and then ask someone you know that you trust and knows something about the gambling industry. You cannot win doing this, it is a scam but with no come back if you lose your money. These cons can’t even be taken to task by law enforcement, they have all the bases legally covered. So the only way to rid them is word of mouth so that’s the way to attack them.

    Reply
    1. Paul W

      Charter Hurst lay trading software will wipe out your account. No one wins long term laying big priced horses a thorough form analysis and inside knowledge not software that just really looks at the weight of money . distance ,jockey track conditions speed maps etc etc . Everyone of these type of software systems laying horses will lose your money there are tons of complaints about this but it gets repackaged and resold . It simply will not work long term . If you fall for the sales pitch and demo you will regret it.

      Reply
  3. Paul

    Charterhurst selling lay trading software and or offer to manage your betfair account . They offered a free trial of their managed service I had starting bank 100 dollars after 3 weeks 19 dollars then they asked me to load another 100 . Crazy start with 100 finish with 19 trial massive FAIL stay well clear of the managed service.

    Trial of the lay software
    I had 3 demos of the lay trading software on the demos a total of 11 races pretending to stake 40 dollars per lay with a 1000 dollar bank. After 11 lays a loss of $480

    Over a 8 week period on demos and trial of the managed service a total LOSS of $568 . For the 10 to 16 thousand they are asking is a ridiculous joke . If you buy this software the end result will be over time a huge loss . It simply does not work a short term gain is possible but as a long term business like they are peddling you will loose your money without proper staking plans and a real strategy lay trading software will wipe out your bank and if the demos are anything to go by it wont take long at all before your account is wiped out and your money you purchased the software with gone

    Reply
    1. Adrian

      I was stung but only for $1000. Once you realize that it is dodgy & want to pull out they block your phone & won’t answer. Even the number on the website. They did answer an email & promised to return the money but I won’t be holding my breath.
      My campaign is now to borrow other phones & keep them on the line for as long as I can before saying that I know what they are up to. At least it pisses them off.

      Reply
  4. henry

    KEYSTONE FINANCIAL……
    Do not give them money, its a massive scam
    Binary options investment of $5k…up to $25k
    promising %5 up to %25 a month.
    All a massive ripoff
    They use IN2MARKETS broker as the accomplice

    Reply
  5. henry

    In2Markets is a massive scam broker….BEWARE….Do not give them any money, they have a clause where you must turn over your deposit and bonus 25 times which will take well over 3 years before they let you remove your money.
    By then they will have closed down and moved on to a new binary option broker with a new name.
    They deal with many bogus investment firms tricking you into releasing your money to them, never to see it again. My friend was done in by KEYSTONE FINANCIAL……
    Do not give them money, its a massive scam

    Reply
  6. vianne

    Hello I have been in contact with this company that deals with a stockmarket program worth $20,000 which you have to pay up front before you get the program. Can anyone tell me if you know of this company. It has an office based in Park Street in Sydney.
    The program lets investors buy and sell with conservative risk and with no prior knowledge of the Stockmarket. The program tells the investor what to buy and when to sell.

    Reply
  7. Debbie summers

    I was approached by at partnerships for a lifetime membership and I only had two hours to think about it. Then I spoke to a work colleague who has lost $10k investing in the same sort of company. Can anyone tell me that they have made an actual profit from this company and how much???
    I am a novice at this they said they were affiliated with the nab ???

    Reply
  8. Barry O'Callaghan

    I have a message for Peter Donaldson and the administrator of this site.
    My name is Barry O’Callaghan, and I own Wagner and Wright Index Solutions. Tonight I became aware of this website, and an entry dated October 30, 2014 posted by someone calling himself Peter Donaldson. In his post he defames the good name of my company by falsely claiming I am using the name Binary Options Australia, and that someone from my company phoned him and tried to get him to pay $25,000 for a “lifetime membership”.
    I will address his claims later in my post, but first I have a question to put to the administrator.
    Why would you allow that person’s post on your website without first carrying out even the most basic investigation into his claim to determine if there was any truth to it? I commend you for trying to warn people about scams operating in Australia, but surely you must understand that before you allow someone to use your website to accuse a business of scamming people you first have to check the veracity of their claims! Do you realise the legal position that potentially puts you in?
    Not only is my company 1300 number plastered all over the internet, but also my personal mobile phone number. You’ve never phoned me. Had you even bothered to phone and pose as a prospective subscriber you would have realised within a couple of minutes of talking to me that Donaldson’s claim is completely baseless!
    Let me provide you with some factual information about my company.
    I started Wagner and Wright just under 4 years ago, and have always been the sole director. I provide subscribers to my company with what I call “trade alerts” on the movement of the major European stock market indices, and my subscribers all place bets on that information with http://www.binary.com which I would describe as the world’s biggest and most established financial products bookmaker.
    I have never hidden or disguised the fact that subscribers to my service are in fact betting on the movement of indices, as you can see on our Facebook page, where I post all our results: https://www.facebook.com/WagnerWrightIndexSolutions
    Ever since I began, people interested in subscribing to my service have not been required to commit to lengthy contracts – my business model has always been that the service is available on a monthly basis, and aside from the monthly service fee the only additional cost for any new subscriber is a once only set-up fee of $200 plus GST.
    The information I provide to my subscribers is very accurate – with my business model it has to be, otherwise I wouldn’t have subscribers, and without subscribers I wouldn’t still be in business!
    I’ve never previously heard of Binary Options Australia. Tonight when I saw Donaldson’s post I googled their site, and from what I can see they seem to be trying to promote a range of binary options brokers, none of which I would recommend to my subscribers. But nowhere can I see where they are offering “memberships” for sale.
    Peter Donaldson [if that’s your real name], I have no idea why you would make your false claim – you’ve never been contacted by my company, because if you had you would have spoken to me! I don’t scam people Peter – I run an honest and ethical business!

    Reply
    1. admin Post author

      I apologise to Barry O’Callaghan and Wagner Wright.
      I have not been able to follow up with Peter Donaldson. I should have followed up earlier as Barry suggested.
      ( I am sometimes snowed under with information and obviously let this one slip through without adequate checking)

      Reply
  9. Alex

    Has anyone had any dealings with Advanced Wealth Solutions? I am curious about a program they are offering which is to do with trading balanced pairs on sports.
    Is this a scam? does it work as well as they say?
    Thanks.

    Reply
  10. Peter Donaldson Post author

    (admin edit note: this comment has not been verified but has been left here as reference to the retraction above)

    Good morning admin , just want to let you know that i have been call up by Binary Options Australia, on the 25 October and have been follow up with a very hard sale person , sell me a $25000 life time member ship. After a week rang back with a offer $12500 now and balance in six months after target of $10000 reached.

    AUSTRALIAN BINARY OPTIONS TRADING & BROKERS

    Welcome to the Binary Options Australia website, our sole aim is to provide you with up to date and invaluable information in regards to showing you How to Make Money With Binary Options, whilst this is often seen as a fine art form many recreation and part time traders are showing repeatedly profits by trading in many different kinds of Binary Options online.
    All of the information you are going to find within our website has been specifically put together with you the Australian online Binary Option trader in mind and as such should you be looking for a site at which you can trade options online or if are simply looking for new and dynamic ways for you to be able to trade options online then we will have all the information you require.

    After tracking them down they are http://www.wagnerwright.com.au/

    Dodgy site – Scam? I think so

    (admin note: please see retraction of this comment above. No evidence to suggest Wagner Wright is doing anything wrong or associated with Binary Options Australia, whoever they are or that they do anything wrong either)

    Reply
  11. Tony

    Was scammed by Princept Trading or princept investment MGS trading platform in May 2013 took the money then didn’t provide training or service. Tried recouping monies the CTTT in NSW was awarded judgement order by local courts in NSW and TAS, had a statutory demand letter issued all to no avail

    Reply
  12. paul

    This website is a bit of a worry! seems to be quite a few companies i can see by researching are well above board!! looks like a venting ground to me for scam companies and sour grapes to offload there anger towards those who are doing the rite thing.
    my advice is always check company has an AFSL. If they are trading for you, check they are under MDA aproval in which if they wrong you you can easily seek refunds through company or worst case through FOS. AS FOR ALL THE SPORTS BETTING.. PLAIN AND SIMPLE GAMBLEING. YOUR RISK YOUR CHOICE. ITS ALL COMMON SENSE!!
    real investors dont vent on petty forums. hahaha common people!! all these scam sights are scams..
    check ACCC and FOS FOR REAL CLIENT FEEDBACK

    Reply
    1. admin Post author

      There may be one, or two who are in fact ok, but most have plenty of negative associations with their name. This list is not a ‘condemned’ list, but just companies that probably warrant care to be taken in dealing with.
      Unfortunately a FSL. MDA or being listed with the FOS does not guarantee a good outcome for victims of wrong doing, as many victims will attest.
      I have not seen ANY ‘feedback’ on the ACCC site or FOS. Would you mind pointing it out?

      Reply
      1. Bill

        I also would like to know where the list of current scams is at the ACCC.
        There isn’t one and there never has been one.
        The ACCC do not name companies currently involved in scams.
        Anyone who has ever had to deal with the ACCC knows they openly state – “WE DO NOT INVESTIGATE SCAMS”
        Relying on the ACCC is pointless.
        Paul’s comments above are really way off the mark and misleading.
        Having an AFSL is not a guarantee that the company is not a complete scam. There have been numerous large scams that have had an AFSL.

        Yes I have had to deal with the ACCC and ASIC – totally pointless – they are either grossly incompetent or understaffed.

        Reply
        1. PaulW

          Yes if you are expecting asic or accc to act on scam claims you are mistaken. Anyone blaming victims like that jerk above has to be involved in scams or has been as that is their tactic. Its the buyers fault they didnt do it properly . It is always the victims fault. Which is a sure sign of a scammer.

          Reply
    1. paul

      I have spoken to someone on the phone from that company Andy.
      I did not do anything with them as yet. though i know Jade Capital very well who they are authorised
      by. they have a great reputation!! I am interested to speak to AT Partnerships again when my super is unlocked. Decent returns. their website must have cost them alot!! I’m in IT and know it is definitely not a cheapy.

      Reply
      1. admin Post author

        Which company?
        Some of Jade’s past associations are nothing to write home about. GTL for example.
        At least by the time your super iis unlocked, AT Partnerships may have some runs on the board. They only started at the end of July.
        Well, yeh, nice website theme, but I reckon the website is worth about a thousand. If they paid any more they were ripped off.

        Reply
  13. Anon

    Has anyone heard anything about ZFX SOLUTIONS PTY LTD trading as CM Business? You invest $25K in a franchise and they provide ongoing training, software, etc. to start you off on the business of currency trading. Could this please be checked out here?

    Reply
  14. steve

    Regarding TPGBet.com scam
    I have been contacted by 2 people on the phone claiming that I have $231,000 in a betting account which had been managed by a fraudulent horserace betting trader. The account was made inactive until I first paid back a sum of $16,000 credit advanced to my account. They could not just transfer the balance minus the $16,000 as they had no access to the account until it was made active again.
    Apparently I have had this account inactive for 2 years as they had ceased doing business with the shonky traders. I was given a week to come up with the $16,000 or the account would get “absorbed” into the website’s own funds. Contact’s name was Simon Darcy. Funny thing about the website, it had only been registered for a year!
    Again their MO was to get back funds that had been scammed by another operator.
    Hope this helps some other people avoid being scammed.

    Reply
  15. Louise

    I wish to inform you of some people who have an office somewhere in Main Beach in the shopping strip and are scamming residents in the Brisbane and Gold Coast area with a Binary Trading Program. Their names are Paul Campbell? and Dominic Russo AKA Dom Cross and Jason Scott Hodson AKA Jason Hopkins. They are calling on behalf of TPZ International AKA Topazair Pty Ltd ( See A.S.I.C.) and also contact the Gold Coast Police Fraud Squad who are going to reel them in soon. Report your information to ASIC and Police if you locate their office whereabouts and give the ASIC and the Police the listed details on these low lifes.

    Reply

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