I bought into Blanche Equity International horse racing system (10K) they are in Australia
as a registered business.
They told me they have a 66% success rate proven over a number of years and can expect to
get my initial 10k investment back in 5 months or less it is nearly 5 months and my account
is still in the red and my trading results show they have about a 35% success rate, their
brochure showed great returns but are impossible and bogus now that I have seen the real
world results.
I have asked to be refunded out of the system but have been told there will be no money
returns.
I have made a couple of calls to the managers they have denied the promises the sales reps
made and that the system success varies, denied that they offered a 66% success rate or that
I would get the initial 10k investment back on or before 5 months and to just keep betting
on it.
They said they do not give refunds as a company policy. I have sent a letter in reply I
received a letter confirming pretty much that I bought into it with a no money back
guarantee
it was cold selling sent in the mail as a brochure I checked they were a registered business
which they were, I checked the scam reports but unfortunately did not see them listed so called them and joined.
I invested $10k so that is likely gone I have sent another letter stating that we come to a
settlement or a campaign will follow to warn others not to join.
I have called them an spoken to the managers and I have sent a letter with another on its
way they are saying I was promised nothing and bought into it with no money back guarantee.
yes the same thing happend to me
I also bought into the Blanche Equity International rip off scheme.InvesTing in (2) what they called Licence's at $8, 995AUST each, a total of $17, 990.At the time, everything was done to check the viability of this Investment Company, and I can see by the similar complaints of all those that lost out, that they are now in denial of any of the promises thier Sales Staff made at the time .I have been waiting for over a year now, for any kind of return on my Investment.what I would like to know, is what can be done to people who think they can get away with this.