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  • Report:  #710647

Complaint Review: Lexington Clearing

Lexington Clearing Scammed $5k for Futures trading. Misleading and False information given. Panama city, Internet

  • Reported By:
    wyncroftrd — Kelmscott Other Australia
  • Submitted:
    Sun, March 27, 2011
  • Updated:
    Thu, March 31, 2011

I was contacted initially over 8 months ago by a person claiming to be from Lexington Clearing. Wanting me to invest $5k in the US Heating oil futures. At that time I was in no position to invest and was curious as to how they got my mobile phone number, as it is a business phone provided by my company.

In Febrary of this year, I was contacted again by this person proclaiming to be John Thompson of Lexington Clearing and asked me to invest $5k in US Unleaded Gasoline Futures. And I did, Wel,l 2 weeks later They called again with an offer to reinvest. Because my $5k was worth 30k. So I was really getting exited by the hype. A fool no less! So over the last two weeks I wanted to sell my so called options, but guess what. Absolutely no contacts have been made with this company, either by phone or emails.

So in conclusion, I guess there is no other word for this situation except Scam! I would dearly like my $5k back (with interest) and would gladly join any class action against these rip-off merchants.

1 Updates & Rebuttals


wyncroftrd

Kelmscott,
Nationwide,
Australia

Contact made applogy accepted

#2Author of original report

Thu, March 31, 2011

I would like to inform the community, that I have been contacted by Lexinton Clearing and due to them having server related issues over the last couple of weeks, contact with Australia was limited. So the company has apologised to me and assured me my funds are safe and actally making money. I also applogise for the accusations made against John and hopefully we can get on and continue our business relationship, now that I have the new contact details I feel much more confident that this company is after all genuine.

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