Kent Woodhouse - AFL Arbitrage Systems Absolute brazen scam Promises lies false returns and thieves Gold Coast Queensland Australia
Well, my name is David and in August 07, I received a glossy brochure from a Queensland based Company (AFL Arbitrage systems). they have now changed their name to Kent Woodhouse. I can only assume that this is due to the fact that they have duped a great many people out of their hard earned cash.
To cut a long story short, I was phoned on numerous occasions by a very persistent sales person (if I could remember her name I would post it here), offering me guaranteed returns on sports arbitrage, which as it turns out is a gambling system. I only purchased their "investment" after being assured that the returns were to be guaranteed in writing.
I spent over $11,000 on their system and so far 8 months later have less than $800 in my account.
I was PROMISED returns of 60 to 70,000 at the end of 2 years assuming their compounding interest rate of 5% per week.
And yes I know what you must think, if it sounds too good to be true it usually is, but I did the maths and it all seemed to add up..
I have all but written the money off, although I intend to fight this company all the way like Susan and Paul.
I would love to know how people like this get away with stealing from hard working Australians?
Yes, I have phoned AFL and Kentwoodhouse or whoever they are this week and receive nothing but false promises to get back to me, and "we'll look into it" etc...
No phone calls are returned.... ever. I have also checked their Company background, unfortunately, after the fact nd they have gone into liquidation several times, each time with a name change.
The reason I'm writing this is to warn others about these thieves.. yes THIEVES, that is all they are, Stay away from them, they will only cause heartache.
David
Sydney
Australia
1 Updates & Rebuttals
Patrick
West Footscray,Australia,
Australia
Lets Get Kent Woodhouse & Associates
#2Consumer Suggestion
Sat, June 21, 2008
Hello,
My Name is Patrick, and Unfortunately I have been sucked in buy their sweet talking as well as a good return and paid them $11900 on May 2007. Since my venture began with AFL/KENT WOODHOUSE AND ASSOCIATES, I've had nothing but false hopes since watching the story on A Current Affair and finding out what has been going on, I have been really upset by the way hard working ordinary Australians have been treated thus the reason for this email.
I am wounding if you have taken the next step of starting legal action against Jeff Kent and his company? I really think the only way we have a chance at getting at least some of our hard earned money back, is by coming together and forming some kind of class action against KENT WOODHOUSE AND ASSOCIATES.
I have no legal experience what so ever but I've been doing some research and have spoken to a few Solicitors in this field and they too even recommended this process. So if you are interested in filing a class action or if you are already involved in some kind of legal action I would very much like to be involved. If you wish to speak further please do not hesitate to contact me on the below information.
Yours Sincerely
Patrick
Footscray, Melbourne Vic