» » Kent Woodhouse Associates Afl Arbitrage - Absolute bastards they took all my money i cant afford it!! scum should be illegal Surfers Paradise Qld Austrlaia | #649

Complaint / review / scam report
Kent Woodhouse Associates Afl Arbitrage
Absolute bastards they took all my money i cant afford it!! scum should be illegal Surfers Paradise Qld Austrlaia

I lost all my money and I couldn't afford to!!

It would seem this proud Australian Company just robs people. I was lucky enough to find this forum after I googled Kent Woodhouse Associates, after rceiving a letter claiming they had "rebranded" their services!

Formerly they were AFL arbitarage systems.

How familiar this must all sound to you Kimbilie, Paul, Trevor, Susan, David and Irene......... it would appear I am victim number 7 of this scam (I'm sure there are many more of us that haven't yet stumbled across this excellent site for exposing scummy frauds).....and that is what these people are...

I also received a glossy brochure with terrific returns which seemed way to good to be true.......

I was later contacted by a "Dave Chapman", and boy was he an "operator".
(probably not his real name anyway, but thought I would post it here in case)
I have been in sales and sales management for over 25 years and never been taken in with a sales pitch in my life....I can't believe how smooth this guy was and if he wasn't scum I would offer him a job and retire on his sales figures............Sorry just bitter at falling for it!!

Anyway, "Davy boy" had all the answers and I bought it lock, stock and barrell. Cost me $11900, and I put it all on my credit card after being pitched that I would make that back inaround 6 months of their perfect arbitrage system.

$9000 plus GST was for the trading and brokerage charges, whilst $2000 was to be put into my trading account at returns promised of beween 4 and 6 % per week, yes per week, not per annum.....

I did the sums and research arbitrage on the net and it all seemed to ad up.

The beautiful trap was their performance based fee, if they didn't perform they didn't take a percentage.........how ironic, they didn't perform and didn't get their percentage, but guess what they don't need it!!!

How many people have they ripped off to the tune of $9,900 they only need 100 suckers to make a million bucks and disappear to the South of France or wherever they want......

My account with these fine upstanding arbitrage PIRATES, now stands at a measly $316.89 after 4 months.....WOW, what clever traders they must be!

Hope it all comes back to bite you fine upstanding corporate citizens on the bum....
ps thanks for naming the Directors as well Michael Scnieder and Jeff Kent, bet thats not their real names either..........

Any ideas on how to get our $$$ back guys apart from ASIC etc,
I have written them a letter, but they seem to think it's a legit gambling scheme and if you can't afford to lose, don't play....

John
balingup
Australia



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