• Report: #361450

Complaint Review: MORGAN GROUP EQUITY

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  • Submitted: Mon, August 11, 2008
  • Updated: Mon, December 08, 2008

  • Reported By:ACT Other
MORGAN GROUP EQUITY
Chevron Island Internet Australia

MORGAN GROUP EQUITY MORGAN GROUP EQUITY SCAM, WHICH USED TO BE SPECTRA TRADING AND ALSO BLUE POINT TRADING GOLD COAST Australia Internet

*Consumer Comment: MORGAN GROUP EQUITY SCAM AND NOW THEY ARE AT IT AGAIN

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Rob Stuart at it again. After doing my research this is just another arbitrage scam. Before morgan group it was call spectra trading and before the blue point trading. Don't let this old scam take you money. nothing in this world is risk free he has scammed a large amount of money of people around australia and est. 5 million. We currently have a PI on him, we are trying get our money back i have lost 40000 with this guy.

This company has been calling me 12 times a day. Please people dont trust these scammers dont get sucked in i am warning you. I mean your better of buying a horse racing software than this. all they do is take your money and run dont trust these guys there all crims.

David
ACT
Australia

This report was posted on Ripoff Report on 08/11/2008 03:08 AM and is a permanent record located here: http://www.ripoffreport.com/r/MORGAN-GROUP-EQUITY/internet/MORGAN-GROUP-EQUITY-MORGAN-GROUP-EQUITY-SCAM-WHICH-USED-TO-BE-SPECTRA-TRADING-AND-ALSO-BL-361450. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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#1 Consumer Comment

MORGAN GROUP EQUITY SCAM AND NOW THEY ARE AT IT AGAIN

AUTHOR: Maureen - (Australia)

I also have been ripped off by this company and found out 2nd Dec when
i tried to contact them. They had closed up shop as they did with Spectre and Blue Point Trading. Now we have been approached AGAIN by a new company trying the same things. Investors GRoup Australasia which has the same lay out as the others and was only registered in Sept- Oct prior to their closing down of Morgans before the 6 months are up where you can claim money from investments etc. The false names they use for their office holders are a joke. Checked them on google and they are all pop musicians or in show business of some sort. The Director of the new Company uses the name Matthew Carey - look it up and he is also a singer etc. Very strange coincidence!!!!

DOn't pay anything to these people as we lost nearly $40000.00 and probably they are laughing all the way to the NAB and Westpac bank which is their accounts or were. THey close everything up and then start again. ASIC is also fooled by the latest one I think. Matthew CArey also has a Gold Coast address but says the company is in Sydney. All the others hailed from the GOld Coast too. We have learnt a lesson and will not be gullible again in a hurry. Has anyone else been approached by their crooks? Surely something can be done legally or with the police.
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