CS Solutions, Cross Section Solutions , The CS Solution
http://www.crosssectionsolutions.com.au , http://www.thecssolution.com.au
This one just popped up on our radar. First thing to note is that they talk in their advertising and promotional releases about having a ‘vast range of investment products’ , yet there is only one on their website: a horse race betting product.
A copy we received of their published results is an impressive list of winning bets that takes an account from $2,000 to $10,000 in three months (!) and then makes withdrawals every month after that for any balance over $10,000: 10% to 80% a month , all with just around ten bets a month. Sounds like pie in the sky to me. If they’re not back-fitted results I’ll eat my hat.
How much would you like to invest? $8,800 for a lifetime licence or $5,500 for three years??
One thing that shows they don’t know what they’re doing is that they recommend opening a TAB account for your winnings. No smart punter/investor would limit their punting to a TAB account. You need to look for the best odds always and have several accounts with different bookmakers.
Now I have found that they are using false photos for their testimonials in their promotional brochure:
You can search using Google’s image search feature to find other web pages with exactly the same photos, and no, they bear no relation to Australian residents. For instance:
This will be reported to ASIC, the ACCC and Fair Trading Qld. Let’s see what actions they will take..
You will not get a response from any authority – they do not care.
I had a similar problem. They called me every week with lots of promises, glad that I am not trapped!
Would like to know if the authorities want to do anything about such scams…
Have you had a response from ASIC or ACCC?
Was contacted by these guys, just wanting to know if anyone else has had experience with them.
Thanks