• Report: #966271

Complaint Review: ON TRACK TRADING / PETER NOLAN

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  • Submitted: Thu, November 08, 2012
  • Updated: Thu, November 08, 2012

  • Reported By: LEISA — WERRINGTON Internet Australia
ON TRACK TRADING / PETER NOLAN
Internet United States of America

ON TRACK TRADING / PETER NOLAN I INVESTED MONEY INTO THIS HORSE GAMBLING "BUSINESS", WAS ISSUED WEEKLY STATEMENTS SHOWING MAINLY WINS, SOME LOSSES. I INVESTED ALL MY SAVINGS WHICH IS APPROX $30,000 AND AN APPROX PROFIT OF $8,000 GI VICTORIA, Australia Internet

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I was advised by a friend about this "fabulous" horse racing betting system that was making them a lot of money. So I put money in as well as my stepfather, All seemed okay, the "frien" had withdrawn money from his account on a few occasions. We received weekly statements on a Tuesday after the previous saturday's bets had been done. Most weeks there was a profit , maybe 2-3%, some losses. I invested approx $30,000 and allegedly made an overall profit of about $8,000. Therefore my total is $38,000.

I put in a withdrawl request the end of May 2012 of $7,000. I wasnt receiving any reply so I emailed my request another 2 or 3 times. I then rang Peter Nolan & left messages about "where is my money" . I eventually received a call back advising that the computer system had been playing up and that I would be getting it at the end of July 2012. This came & went & in between all this , we received emails to say the business was closing & that all monies owed would be paid out 1/3 over the next 3 months, being end of August, End of September and end of October 2012. I have again attempted on many many occasions to call Peter Nolan, have left many messages with no return phone calls.

to this day , no monies have been received by myself or any other persons I know who had money invested since the "closure" at the end of July 2012. I have kept emails & all my statements advising me of monies won & lost and of where my balance stood. I am on the verge of declaring bankruptcy thaks to this & my credit rating is now blackened beyond repair. I want these people dealt with !!!!!! 


This report was posted on Ripoff Report on 11/08/2012 01:33 AM and is a permanent record located here: http://www.ripoffreport.com/r/ON-TRACK-TRADING-PETER-NOLAN/internet/ON-TRACK-TRADING-PETER-NOLAN-I-INVESTED-MONEY-INTO-THIS-HORSE-GAMBLING-BUSINESS-WAS-966271. 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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