Report: #1422836

Complaint Review: All Sports Market-Chris Rabalais -Ace

All Sports Market-Chris Rabalais -Ace No Money Withdrawals Allowed Internet

Reported By:

SportsFan — Florida United States
Submitted:

Sat, January 13, 2018
Updated:

Fri, March 02, 2018

All Sports Market-Chris Rabalais -Ace

Internet

United States
Phone:
Web:

https://www.allsportsmarket.com/EN/...
Category:

Fraud
,
Internet Fraud
,
RIP-OFF

*UPDATE Employee ..inside information: AllSportsMarket (ASM) Covered by CNBC, Forbes, The New York Post and Others - Where is proof of the negative claims here? *UPDATE Employee ..inside information: AllSportsMarket (ASM) Covered by CNBC, Forbes, The New York Post and Others - Where is proof of the negative claims here?

ASM fronts as a place to Buy & sell shares of your favorite sports teams in a 24-hour, worldwide marketplace. In November of 2017 a newsletter was sent out stating they wanted to raise money to further advance their business,for marketing and website redesign. Anyone who donates $250 will get 10K credited to their account each time. Later on everyone who want to sell shares that were just purchased to say get another team or simply give the money back are told "we are not allowed". That is against the rules. Nothing was ever signed and it does not state those rules on the website.

The only way money can be earned on this site is to either sell shares or if a NBA,NFL,NHL or MLB is playing. If these teams are not playing,money can not be earned.

This site has been active since 2006,many of claims against Chris Rabalais have been filed. Fake Preferred shares are given to those who contributed $250. They are worthless. The company is using big sports names Los Angeles Lakers, New England Patriots, to promote this business.

2 Updates & Rebuttals

Chris

Pasadena,
California,
United States

AllSportsMarket (ASM) Covered by CNBC, Forbes, The New York Post and Others - Where is proof of the negative claims here?

#3UPDATE Employee ..inside information

Fri, March 02, 2018

1. The Global Sports Financial Exchange trades pro-sports teams like stocks: https://www.cnbc.com/2017/12/15/global-sports-financial-exchange-trades-pro-sports-teams-like-stocks.html

2. Want To Invest In Your Favorite Sports Team? https://www.forbes.com/sites/daviddomzalski/2018/02/13/invest-in-your-favorite-sports-team/

3. A Christmas Story’ actor runs digital sports financial exchange: https://nypost.com/2017/12/03/a-christmas-story-actor-runs-digital-sports-financial-exchange/

Search Google News for "AllSportsMarket" and you'll find many more.

Where is the proof for all the negative claims in this report?

AllSportsMarket is operated by The New Sports Economy Institute, a fully registered anti-gambling pro-investing educational non-profit. All legal documents are here: https://www.thenewsportseconomy.com/patent-important-documents/

ALL valid payment requests from sports traders who follow the rules have been and continue to be paid. Any claims to the contrary MANDATE written proof by the claimant which has not happened here.