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  • Report:  #1434827

Complaint Review: tradenet.com - other England

Reported By:
Concerned consumer - Nebraska, United States
Submitted:
Updated:

tradenet.com
other, England, United Kingdom
Phone:
+44-20-36420372
Web:
https://tradenet.com/
Categories:
Tell us has your experience with this business or person been good? What's this?

There was a strong effort and pressure to get me to pay for the education or whatever this is before I was financially able to.  This came in the form of phone calls, and asking for credit card numbers.  It seemed like there was going to be a strong effort to help me make money, and I explained my situation to Patrick Johnson that I could afford this hopefully after the new year, and this was going to be a financial hardship in the nearterm at the end of 2017, but Patrick Johnson explained that I was not going to even be worried about money the next year, because I was going to be making so much money.  Now it is almost April, and I am always worried about money, and have multiplied my money problems very much.

Finally I could not afford anymore charges, and I was pressured to do a $12,000 dollar charge that no credit card of mine would take, and this was after spending like $9,000 over 3 different charges, and supposedly I had the top program, and when I ask what the $12,000 was going be for,  it was just a ‘bigger bank’, nothing specific, maybe $500k.  I never got any terms.  I asked, what is the documentation?  What is another $12,000 getting me?  I was just told to give them card numbers or approve transactions.  At least with the $9,000 program I was seeing what I was supposed to get.

I made a complaint on the website to get Patrick to stop begging for money, and this pressure stopped for a while until one day Patrick tried to get me to talk with another analyst/sales person called Jimmy.  I don’t know if this was Jimmy Green.  Jimmy was going to help get my portfolio setup and advise me somehow better than Patrick only if I would pay another $12,000 charge, and I refused.

After that I received some advise from Patrick, but the effort was lacking in his approach.  It seemed like if he put even half the effort into showing me any kind of profits at all compared to the effort in begging for money maybe I would have the $12,000 to pay for the upgrade.  There has just been less interest coming from the mentoring once I refuse to pay the $12,000 over the $9000 I already paid.  I’ll admit sometime I don’t want to talk to mentors, because I am tired of being bullied into giving them money.

So, the next person to call has been Jimmy Green which was okay.  I was having financial issues at the end and the beginning of the new year, and my internet was limited to my iPhone.  I did not have an internet connection for PC computers, and I was asking and looking for an iPhone app that was able to do TEFS on the iPhone, but I was also traveling to the truck stop in the morning with a laptop to try to work on trades with Jimmy because they had an internet connection I could use.

Maybe this is only a day trading system.  I cannot be in chat rooms, and watch the market all day.  I have a day job, and another weekend job, and sometimes I drive Uber cars.  I was promised at first that I wasn’t going to have to be in chat rooms, and there was a way to do trades before the market opens, but I am not understanding this very well.  I have done the chat room some when I took days off from work to try to make this work, and some days before I would go to work, but I am just loosing money.

Finally I made the decision that I wanted them to put me on a do not call list, and I just wanted the aggresive and bullying phone calls to stop.  Whether they were pressuring me to make these bad trades or give them more money I was just sick of this, and it seemed like a scam, and with this advise of others I have talked to about this they seem to think it was a scam, and I had to just cut my loses.  I don't know how things like this are done in the UK, but they seem to respect do not call.  So the company has complied with this request.

I take resposiblily for my actions.  I have not asked for my money back.  This is 'buyer beware'.  If is sounds to good to be true then, you know the rest.  I just put this out there to let people know that I was scammed by this company.



4 Updates & Rebuttals

Chris

Omaha,
Nebraska,
United States
Tradenet response

#2Author of original report

Sat, September 15, 2018

Good you are having success.  They are not working with me now I guess.  I guess I complain too much.  I suppose I expected some kind of service since I purchased the premium package, but they are ignoring me, and I guess they are going to just ride this out and keep the money I paid.  I have tried to read all the training material, but I don't really understand what to do, and I cannot be in chat rooms during the day.  I was promised many things by the sales/mentor creeps that turn out the to be 100% lies, and when I wouldn't give them another $12,000 after giving them $9,000 there wasn't much help for me I noticed.  It seemed like they wanted me to just keep giving them money.  That was mainly what was in the mentor calls, just begging for more money.


Chris

Kansas City,
Kansas,
United States
Tradenet help

#3Author of original report

Fri, August 24, 2018

Paul,

I'm glad you have found success.  I have not gotten much help.  I just get directed to videos, and told to read "The market wisperer".  I'm not sure why anyone would pay $9000 for this, or maybe they just don't like me since others have seem to get all this success with less investment.  I guess if they just want me to trade I'm sure I will end up flushing the account.  I'm not sure where to get help on this, but I appreciate the response.


Paul

United States
Subject-Tradenet

#4Consumer Comment

Wed, August 22, 2018

I also invested in Tradenet but not $9000.

I am very happy with the support and education material.. I also got a few freinds to join and they too were very happy and even made profits... I must admit I'm not that good yet but improving on a daily basis (when I have time to practice and work on it)

I don't know what happened to you but I think Tradenets' services are great.

Pa

ul 


Chris

Omaha,
Nebraska,
United States
tradenet.com effort to correct situation

#5Author of original report

Wed, May 02, 2018

I have been contacted by tradenet.com representative, and they are making an effort to help make the education work, and I appreciate the initial gestures.  I filed this report, and I will post other progress as things are happening.

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