- Report: #1326560
Complaint Review: Glenridge Capital - Internet
Reported By:
TruthSayer -
San Francisco, California, United States of America
Submitted:
Updated:
-
Author Not Confirmed
Why?
Glenridge Capital
Internet, USA
Phone:
888.967.8185
Web:
www.GlenridgeCapital.com
Categories:
Business Rating:
(0)
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Glenridge Capital / Ryan Daniels Binary Trading Scam Tel Aviv Israel
In summary here is the scam:
They initially entice you with ads that say they have an auto-trader that is guaranted to make you a millionaire. This lures curious people in. Then the customers find out that there is no auto-trading software but GlenRidge will offer a highly skilled concierge analyst/trader who says he can get you 30%+ profit per month. To make it more enticing they offer large amounts of bonus funds that skyrocket the worth of your account. The catch here is that youl cannot withdraw any of the money in your account until you meet the volume criteria (i.e., 30x (capital + bonus funds). This volume requirement quickly balloons to many millions but they ensure that this is no problem and they will help you all along the way to easily meet this requirement.
Once they believe that you have no more of your own funds to add to the account they stop calling you. You are largely left on your own. Now you find yourself in very deep water with no way to swim to shore. It is nearly impossible to do profitable trading on your own. Indeed, even the trades that they suggest are at best break-even.
In the beginning I would receve assistance and calls by my Head Analyst: Ryan Daniels. Now, that I have no more money to contribute to the account, he will not even answer my calls.
Please do yourself a favor and just say no to these Binary Trade Scams.
Note that they say that they are in Scotland but that is apparently not true. See this link:
which indicates that they are in Tel Aviv, Israel. Also note that they are unlicensed and hence unregulated.
