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  • Report:  #633959

Complaint Review: Dynamic Equities

Dynamic Equities Members Racing Service Australia Thoroughbred Racing Tipping SCAM , Internet

  • Reported By:
    Tom Kerr — Sydney Australia
  • Submitted:
    Mon, August 23, 2010
  • Updated:
    Mon, August 23, 2010

PEOPLE, PLEASE BEWARE OF THIS OPERATION. They are bona fide rip off merchants. They appeal to peoples greed or desparation for additional income / money.   During the sales stage while they are reeling you in they will send out weekly spreadsheets detailing increadible results from backing their ten race tips on the Saturday races. From a $1000.00 investment weekly you will earn (according to their spreadsheet) anywhere between a $1200.00 and $2800.00 weekly profit. It is all smoke in mirrors.


Unfortunately I was taken in and I parted with $9000.00 to join their service for one year. Funnily enough, from that first week, once they got my money and I started getting the tips I was making major LOSSES every single week. They also stopped returning my calls from that point on. They never answer their phone. It ALWAYS goes to voicemail but during the sales stage they will call you back. Once you join up and discover that it is a SCAM then you will never get to speak to them again. I got one call back after the first weeks losses and was told that it was just unfortunate timing that the tips had been making handsome profits yet my first week was a loss. The next week it was losses again. I tried to speak to David Wilson (if that is his real name) but none of my calls have ever been returned. I have been monitoring the results since and it is a total sham. I eventually sent them an email threating to go public and expose their SCAM and yes they did actually respond to this. They sent an email back threating to "Pursue" me for any losses incurred to there business if I  do so. Fortunately this site - RIP OFF REPORT have a policy of never releasing the names of the authors of the articles.


People - do not TOUCH this putrid and shamefull scam. On checking with ASIC all the major positions such as Director and Secretary are held by a ANDREW JAMES THATCHER and the registered address of the business is 10 Columbard Place, Heritage Park QLD 4118. You can view this address on Google Street map and it's a cheap and nasty residential address in cheap and nasty suburb between Brisbane and the GOLD COAST. The people within the scam operation that I dealt with were David Wilson and Helen Watts but I have a feeling these people dont actually exist and it's actually ANDREW JAMES THATCHER who is the person I was speaking to all along.


I hope this report prevents anyone from falling into the same trap that I did.


 

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