- To make it easier to search for companies on this page, use the Ctrl + F key combination to open a search box on Windows computers, or Command + F on Mac.
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.
Raine and Horne investments. Not the real Raine and Horne Real Estate.
Education Class, educationclass.net
Lark Arbitrage , it’s a Telegram group, pretending to be the real crypto Lark. ETH scam.
Cruiser Bet, cruiserbet.com
Premium Wealth, UK, premiumwealth.co
Compare the Market ‘pay your bills for you’ cold calling scam ( this is NOT comparethemarket.com.au)
SMSF Advisory, smsfadvisory.com
Unsolicited call. (they are using lead generation services though) Dubious awards on their website. Can’t find any evidence of the claimed awards online.
No mention of any Financial Services licence.
Treat with a decent amount of caution.
PFT , Precise Financial Tailoring , London (?)
Pushing the idea of investing with Limited Risk Options with Gold.
Of course calling at what would be 3 a.m. London time because they’re on the Asia-Pacific desk. (how many times have we heard that ).
Number came up as from Western Australia.
Pioneer Income , pioneerincome.com
Trying to get you to open a small account to let their software trade your account on the FX market. They will not provide any kind of track record/history. Give lame excuses such as can’t show client’s accounts, or their own. They will milk you for more money than your initial capital.
Jordan Limited , Jordan Ltd , jordanltd.com (confirmed scam by a victim )
Trying to get you to buy stock of their recommendation.
All smart sounding British, South African accents.
‘Independent’ Compliance officer works At the office.
Of course, they are offering you discount on the shares of 10% because they are nice. Buying the shares that a bank owns (?) because they financed the company to expand (?).
MX Market , mx-market.com (older domain name but mostly had nothing on it until this year, July, so they probably bought it then).
Pushing buying ‘limited risk’ options in Palladium, which they claim are special, but they are not really. Just as much risk, which they claim there is none of. Couldn’t provide their registration or who they are regulated by. They are probably pushing for their own christmas bonuses with a few new big accounts. Suspect they are in Asia as they call in what would be the wee hours in England.
And now, possibly rebranded as Capital Markets , since they are spinning the exact same pitch.
Trading Academy , tradingacademy.io ( only registered in August, 2019 )
You get a call from someone at International Business Academy, IBA, saying they will provide you with trading education and advice from the ‘second top provider in the world’, who is a guy that cannot provide you with his financial advisor licence and who only trades client’s accounts, not his own money. We think they make money on commission , whether you win or lose, with their advised trading platform.
Proctor Game Rich Corporate, pgrcorporate.com , Tokyo.
Cold called. Appear to have launched just in September with several press releases, though claim to have been around for years and an ‘industry leader’ , as usual..
Client Support Centre, Brisbane, Qld.
Spruiking some govt. incentivised scheme to help reduce mortgage and build retirement portfolio. Usually just ends up in trying to get you to buy properties they want to sell you.
Triple Seven Brokers
The Solomon Group , thesolomongroup.com
Rosenthal and Grant , rosenthalgrant.com
Ashton Group Limited, (Belgium ? But their contact page says they are in the Cayman Islands.) , ashtongroupltd.com ,Domain resistered Jan 2019.
Bitcoin Aussie System , ijobinfo.com (registered Jan 2019) , using Google ads with images of well known Aussies such as ‘Twiggy’ Forrest, leading to webiste which claims he is using the Bitcoin Aussie System
Smart Financial Markets , or fsmsmarts.com , website only registered on 24/03/2019.
You can earn $400-900 a week , with only a $100 deposit.
Capstone Litigation , capstonelitigation.com Meant to be helping people to recover money from fraud and scams..but are they really just a scam? Any experience anyone?
Gemini Capital Markets , geminigroupltd.com
Capital Alliance (selling shares)
Australian Information Network , Qld, very evasive. Possibly selling real estate on the premise of debt reduction or investment for SMSF
1st Trade , 1sttrade.net Cold calls to invest in shares, mis-spellings on website that is only 5 months old, cheap domain with privtate registration
Zurmont Capital no ABN, no AFSL yet operating in Melbourne and selling financial investments. Webiste only registered November 2018.
Direct General (Luxemburg)
Hurst and Partners (Hong Kong)
NGS Crypto ( Indonesia)
The Advisory Network Centre, Qld
Smith Beaucamp Investments based in Singapore
Johnson Financial Consulting , Tokyo
J F Holdings Ltd , jfholdingsltd.com
International Wealth Accounts , Hong Kong (another Alipay IPO scam)
Watermark Securities , NY (Alipay IPO again)
Orion Asset Management in New York , orionassetinvestment.com (apparently the website has disappeared now and emails and phone calls not answered)
Update April 2019: their latest website is orion-assetinvestment.com (registered Feb 2019)
Yamasaki A.M. yamasakiam.com (domain only registered in June, no address details on website)
My Home Business, Social Home Business, 365 Marketing Pty Ltd
myhomebiz.com , socialhomebiz.com
Emerald Sports and Cloverleaf Bookmakers
Bitcoin Code , www.incomestrategy.trade (much like the Aussie Method )
(both marketing schemes for reducing your tax using investment properties..suspect they may be marketing their own properties)
Fintech Capital Partners
Taylor McKenzie , taylormckenzie.net (can’t even afford a .com ! )
they are also alleged to be running:
Wellington and York Partners, wellingtonandyorkpartners.com
Essence Securities , essencesecurities.com.cn (selling pre-IPO shares of Alipay , from Shenzen ,China. Good luck getting any money back )
FINRA give some good advice on these types of scams here
OT Capital , and AGM Makets , and Ozifin (Trade Financial )
Global Financial Group Advisors, New York (?), say they are established 1988, website established this year
Berndale Capital , and FB Trading , Fibonacci Trading , FBM Expert
thecrypto-genius (binary options)
The Crypto Code (binary options and like The Aussie Method)
Mawson Flinders Cook Global Capital. (Watching, pending settlement outcome)
We Are Crypto (they claim investing.com is their site and trading platform which is complete BS)
Rainy Day Money Company , rainydaymoneycompany.com
Cash Cow Corp
Multiplier Test Drive, multipliertestdrive.com
Rutherford Franklin Ltd , Tokyo rutherfordfranklin.com
The Dominion Group, Tokyo, thedominiongroup.jp
J W Capital (London) (may be linked to the above companies)
WIndsor Heath Capital ,
and UKIFMA , United Kingdom Investment and Financial Market Authority
Global Capital Markets (may be their marketing arm, and also market the other derivations)
Linux HiTech , linuxhightech.com ( website doesn’t appear to be relevant to their scheme) , 357bet.com
Information Australia 0413 929 052
Just Marketing International ( supposedly the marketing arm for ‘investment’ opportunties)
ACF Morgan ( Investment Brokers London?) , A Charles Frederick Morgan
betplace365.com , bwu365.com Bet With Us 365
Predictivetrader888, Predictive Trader
Ballantyne and Barrows, ballantynebarrows.com
Elite International Futures and Options Exchange , eifoexchange.org , eifoexchange.com
The World Trade Commodities Exchange at wtcex.org , wtcex.com
Somerset Capital Ltd
Exelon Group , exelongroup.com.au
World Binary Exchange , worldbinaryexchange.com.au ( external link)
Stockatic, Australian Trading & Investment Corporation, www.australianstockmarket.com.au (external link)
Larsson and York ( sounded dodgy, and now one report of a deal gone bad and loss of contact)
(probably now Rutherford Franklin , rutherfordfranklin.com )
(link to external article here: http://lost-for-words.net/wrong-road-real-wealth-part-1/
Custodian Wealth Builders (Review at Consumer Reviews Australia)
ATM Premium / PDF Group (Review at Consumer Reviews Australia)
Cambridge Options, cambridgeoptions.com
Rohan Austin Financial Services (?)
Markets and You, Market Securities Australia, Quantum Securities, Market Security Corp
Wealth Planning Group
Share Centre, Australian Shareholder Centre (external link)
TRP Investment Services, TRP Capital, TRP Sydney
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
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
CS Solutions , thecssolution.com.su , Cross Section Solutions, crosssectionsolutions.com.au
The Association of Trading Professionals theassociationoftradingprofessionals.com
ITZA , ITZA Online , itzaonline.com
Wealth Online , wealthonline.com.au , E-wealth online , WealthFX
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
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,
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
laytradingsolutions , LTS , ezylaytrading.com
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
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)
Voss Capital Management , Cybersportsbet , sportsbet247, Accord Professional Group
Grainger Trust (Very similar to Bachmann Group or Marlin Reynolds )
Brookshire Traders , brookshire-traders.com, qbetting.com
Kensigton Trade , kensigtontrade.com
Kevs punting group
Please feel free to contribute feedback or more suggestions by replying in the comments or by email.
New company in the cold call superannuation scheme- the old company run by Tim Shapter- Smart solutions group morphed in Strategic Advice Network has now phoenixed again into Superannuation Advice Network- believe good old Tim is still an owner along with his old cronies. They will get you in the phone with a catch up call, you will talk to ‘and adviser” who will then put you back to the marketing person who will convince you to sign a 12 month contract on the spot. They also use National Advice Australia to cold call you and sign you up to a better deal and do the same dodgy advice and give you inflated returns as did Shapter. They are taking advantage – charged my brother over $4k to give advice – charged him $1000’a year for 3 year and now cos his balance is too low they said they won’t help him anymore – what a crock
Has anyone had dealings with ashtongroupltd.com they are offering me a deal that sound to good to be true and now i am nervous that the whole thing is elaborate scam and that i will not get back my original investment.
Did they ring you out of the blue, or after a marketing team rang you?
Do they spruik just one recommendation, and the minimum entry might be $10,000?
This would be for you to try them out and then when it works out you’d be wanting to continue investing with them, right?
Do they say they make institutional aquisitions of shares and can get you in at a discount?
Does their website have vague descriptions of what they are about, what their aims are, what they can do for you?
Where should you transfer money to? Does the account name match the company?
Any, or all of these most likely a scam.
Had a quick browse of their website..
First alarm bell – they’re in the Cayman Islands, though they mention they are based in Belgium. Wouldn’t fill me with confidence that you could get any money back if things go awry.
They talk about Confidence, Integrity, Trustworthiness too much IMO.
The website domain was only registered in January this year. So what kind of track record can they have ?
wellingtonandyorkpartners.com is their new scam brand
Thanks. Whose new brand ?
it’s belong to the same guys that are running http://taylormckenzie.net and more boiler rooms…
I notice that Zurmont Capital is on this list. I have dealt with them since November and have had a pleasurable experience even receiving a dividend from their multi fund. I have recommended them to friends and family who have also invested all on small scales just to test the water but as I mentioned I have received a dividend and will look to increase my holding in the near future.
and you’re that confident after just two months?
Which branch of Zurmont are you dealing with?
I am confident as received my quarterly dividend as have my family whoi introduced to them. I was approached by someone from Switzerland and have been dealing with them in Switzerland where they are registered with BAFIN.
Can you supply a link to their BaFin registration?
Could you take a look at NextGen Crypto, or NGS Crypto.
They say they can mine crypto currency for me and return 20-40% a year, plus my origina investment back in three years.
Sounds a bit like could be a Ponzi scheme.
No guarantee they or the funds will be around in three years time
Gday, so one of my mates got into something called Good Will Punting. now I can’t find much online but I also got an offer and declined. I can’t seem to get much information on it online. Apparently you just had to make some bets with them using their money for a few weeks then they paid you for doing it. I feel like this is something you should take a look into because it seems a little too good to be true
Was the offer by email or phone?
yes they are massive scam out in bali Indonesia. they have been shut down multiple times but keep hiding in villas. immigration is trying to shut them down everyday.
I have recently been contacted by a company called Multiplier. They seem to have a similar theme to the others in this thread. They want you to pay $595 to trial the service for 6 months and at the end you will be convinced to stay on with a permanent membership.
Every week you get tips on sports, AFL, NRL, Racing, you place bets and once you earn a minimum of $5k, you can skim any other profits off the top.
I was contacted several times by a very persistent Sonja who was advising that they have a special on this month and would get a bonus if I signed up today. She got quite annoyed when I asked her some questions about who the tips were coming from and where they were based.
Be aware all, it sounds very tempting and too good to be true, that’s because it is… Do your research and don’t get sucked in.
Thanks for the notice!
Yes, there’s been another report here too:
Does anyone know you have heard of – Freedome- 1? a investing/ wealth scheme within the horse racing industry? I received this call on Monday and about opening up a tab account for $1000 but after viewing the brochure the membership fee was $12,000 or I was offered a $9500 one for 2 days a week – It sounds good but iam a but hesitant as it was a random call.
If anyone knows a thing please share –
Freedome International perhaps? Not too many people spell Freedom(e) that way.
Check the comments on this page:
hey did you go with them and whats going on with it? they called me too.
save your money. Don’t get suckered in
Any information/reviews out there about Sydney-based Unique Income Strategies? I’ve been called re purchasing racing software for $10k and can find nothing on this company, apart from its own website. I believe the company maybe new hence no reviews as yet.
Has anyone had experience with the On-V system? as I have been getting hassled and promised profits but they want $10000 upfront for the system. Has anyone dealt with this system before?
I am receiving many phone calls from Ballantyne and Barrows, ballantynebarrows.com to deal in Gold and get I will get a return of 50 k on a 10 k investment in 3 months time as they think the Gold will hit 50$ rise in 3 months time and each 1000 $ is one option and with 10k $ I can buy 10 options and if the Gold hit 50$ rise I will earn 50K $. Do you think it is legitimate???
Our opinion is that they could be a very risky investment.
Firstly they are cold calling you about an investment that has perhaps unrealistic claims ( and not fully expanding on the risks).
Their claim to legitimacy lies with the broker they recommend EIFOEX who also happened to be owned and run by them.
They claim to have been in operation for many years and yet both websites were only registered at the start of his year.
If you invest you are trusting your funds to a company that claims to be in the UK but is not regulated or listed with the Financial Conduct Authority ( FCA) in the UK.
We wouldn’t invest…
Thanks for the reply and the mail.
yeah they called again and also they mentioned another company which is running from USA (which they say is their counter partners) Commerce Financial Corporate Group.
However I also checked the date of the Website and it is only this year. So I think they are Fraud.
Thanks for everything.
also eifoex.com redirects to their site.
Another site that may be associated is The World Trade commodities Exchange
wtcex.org and wtcex.com
( information provided by ScamWarners.com )
Hi I have just gone through the exercise and waiting for a withdrawal to come through this will be the tester either great investment or scam. Although had a call from them last night saying that BB taken over so i ask smelling a scam….
It is a fraudulent scam, the company Ballantyne and Barrows has scammed people of hundreds of thousand dollars. Stay away from these criminals.
I just want to check if anyone has dealt with a “Tom” from Make A Second Income. They specialise in Drop Shipping through eBay and I was wondering if they are known as a scam company?
Has anybody had any contact or dealings with Exelon Group ?? Ive been getting calls from them
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.
After many call for exelon and trial, i deposit 10000 into exelon account yesterday. They say 10 cooling days. They promise i will make money.
May be i will never see my money. They say i can get my money back if not happy during the cooling period.
Don’t believe their promises.
Use the ten day cooling off period to get your money back. That’s what a cooling off period is for!
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
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.
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.
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
I found this site (https://consumerreviewsaustralia.wordpress.com) last week when searching for The Opulen Group. Saved me a lot of money and heartache. Few to add to your watch list and heaps that you have already covered.
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.
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
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
Hey…sounds like there’s a lot of scammers out there. My mate is going through this with RUTHERFORD FRANKLIN in Tokyo. Did his due diligence handed over some cash and now having issues getting his money back. They come out with a whole lot of crap but my friend in question isn’t one to mess around with so it’s going to be interesting to see if he gets his money back….but…stay away from them from what I’ve heard they are scum
After listening to one representative for quite some time, I agree, they are really full of Sh**
Yea and I just read a post on Rutherford Franklin. They say they work ( rip people off ) in an office in Tokyo yet when they must call people their phone says Osaka Japan which is about 6 hours from where they say they are calling from. IP address in the USA under a proxy name, IP address registered in August 2017 with an end date August 2018 ( the shortest time to have a site) for a legit business or so they say they’re definitely trying to not be found. And they’re not legit they’re scammers
Has anyone had anything to do with this http://www.phgtrading.com company.
They certainly smell and talk like a scammer in their sales spiel. Id say watch out for this one as well.
Have you watched their video testimonials? Makes you want to chuck
These companies have been confirmed as a scam by my bank. They are already gone.
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.
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 ???
Two hours sounds like pressure tactics to me! Did they cold call you? If they did they may be in breach of their AFS Licencee status.
I’m not sure how they might be affiliated with the NAB! Ask.
Also ask to see the audit they keep referring to. Then study it closely.
See http://www.scamorg.com/trading-it-atp-atpartnerships-26 for some feedback on performance.
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!
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)
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?
(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)
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
Contact me – through Admin
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
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?
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.
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.
Has anyone had any experience with at partnerships?
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.
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.
could try http://at-partnerships.blogspot.com/
also saw related to that https://www.academia.edu/8865908/AT_Partnerships_what_you_should_know
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?
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.
I have also been contacted by another company recently with the same MO. They go by the name BetPlace365.com
I think they are recycling the same scam hoping to Jag people who have been scammed hoping to get their money back.
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.