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CB Investment Services Review of FSPInvest
FSPInvest

FSPInvest review: Problems with membership refund

R
Author of the review
4:47 am EDT
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Have foolishly subscribed to FSPInvest's "Red Hot Penny Shares" and their "Trading Forex Tips". As no response was received from FSPInvest after two weeks from date of them taking my subscription money, I decided to cancel all subscriptions with FSPInvest and requested my subscription fee back. Now when they have to refund me they have all sorts of sudden internal procedures to adhere to and can only refund after 30 days.
Never did they indicate, anywhere, that upon cancelation of a membership refunds will only be made after 30 days. FSPInvest are now using my money for free for until they decided to make the refund. This is an irregular business practise. It looks like FSPInvest have a problem with their business model. I should have taken notice of the warning of Money Web against the business model of FSPInvest and not get involved with them. I urge any potential investor first to visit the Money Web website and see the commentary on FSPInvest's business operations with regards to "Red Hot Penny Shares" before getting involved with FSPInvest. This matter will now further be escalated to the Financial Services Board and other social media.

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