- Report: #1228670
Complaint Review: Trac Trade - Internet
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Author Not Confirmed
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Trac Trade
Internet, USA
Web:
http://trac-trade.com/
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Trac Trade; Ronald Gregory and Steve Lane Fraudulent Internet Brokers of Petroleum Products Makham, Ontario, Canada Internet
Report Attachments
A company I represent entered into multiple agreement with Trac Trade to provide financial capacity to invest and or purchase Petroleum products, under the pretence that Trace Trade would be able to secure exit buyers for the product.
Trac Trade under the leadership of Ronald Gregory and Steve Lane (Monaco Oil) have proved to be absolutely clueless and have opened my clients to a plethora of fraudulent activities. Examples are listed below;
- Provided tried and tested sellers (their own words) of the products, who turned out to not be sellers.
- Sellers had no products, were commonly known on the internet as scams and a few wanted by interpol.
- Provided various bank accounts that were not in existence.
- Had my clients specific bankers contacted by Nigerian brokers, wanting wire payments for products.
- Routinely promised one thing, only to change procedures and protocols later requesting more from my clients.
This company, and these individuals have never closed a financial transaction, this has been verified at length. Do not waste your time with these scam artist, nor the company. You will at minimum damage your own banking relationships, at worst be scammed out of proceeds.
As a warning to the parties mentioned in this posting, any rebuttals to these obvious facts will be met with posting of personal and company information gathered during our investigation, as well as the proof to support my post.
1 Updates & Rebuttals
Oil-EU
Vienna,Austria
Total different experiences
#2Consumer Comment
Sun, January 24, 2016
It was a coincidence that I came across this page. I know the people mentioned in the report for more than 5 years and can say that both their personal integrity as well as professionalism cannot be questioned by me.
I remember the first contact with Steve Lane. A supplier of jet fuel was looking for a buyer. Steve Lane arranged within 48 hours one of the top addresses of the oil industry in the United States. A Commercial Invoice has been signed by both parties.
Due to various businesses, I am also in constant communication with Ronald Gregory. So far, I have absolutely no reason to assume that the allegations, made by CalTom are justified. I am long enough in the business to know that despite supposedly good conditions, at the end many transactions fail due to plenty of reasons (buyer, seller, banks, shipping company, refinery .....). It may be due to little things. The problem are usually the intermediaries, which lost commissions and in all anonymity they distribute the trash out of frustration and drag the reputation of third parties in the dirt.
The Internet is very useful, as is very often operates with fake identities and a prosecution is thus problematic. Regarding CalTom, so I have found the following link policelink.monster.com/topics/7738-caltom-family-supporter/posts. Should it be the anonymous writer of this "report", anyone can make his own opinion about it.
