Suncity Equities and Investments claim to be a company who trade in sports arbitrage. I invested my money with them in November last year. I invested $8300 and was told that in 12 months time it would be around $48000 and that I would have the option to either withdraw it or reinvest it.
All had been going well up until recently. They gave me log in details to log in to my account on the internet and see how my account was progressing and all was going great and I was up to around $29000 on the 6/7/08 and since then there have been no transactions.
Curious to find out why, I tried to call them and got no answer on either of their numbers and tried to email them but got no reply. The alarm bells were starting to ring by this stage so I searched them up on google to see what I could find out about them and found numerous forums on the net from disgruntled customers stating they are a fraud.
After reading several of these and trying to contact Suncity over several days I am now convinced they are a fraud although unfortunately for me it is too late. They have taken everyone's money and have done a runner.
Tim
Nanango
Australia
0 comments