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SunCity Equities and Investments / Scam from the beginning

1 Gold Coast, Queensland, Australia Review updated:
Contact information:
Phone: 61 07 55775838

These guys set up a very slick looking sports arbitrage 'business' promising high returns, tax free with minimal to no risk. It was a scam from the start, basically working on the 'Ponzi' method. Take in a lot of investors cash, make a few big payouts, then close down and disappear.

Martin Dodge and Steve Nelson were some of the principals in this scheme and are being investigated by everyone from the ATO, police from a number of states and a few of their scammed investors. For more details on their nefarious activities visit:

http://www.arbforum.co.uk/cgi-bin/yabb2/YaBB.pl?num=1216014232/90

and

http://www.arbforum.co.uk/cgi-bin/yabb2/YaBB.pl?num=1217561857

Ze
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Comments

  • Ze
      11th of Oct, 2008
    0 Votes

    Watch out, they're at it again. Amazing how hard it is to stop these guys. Latest con is:

    http://dtplatform.com

    How do you stop these thieves?????

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