- Report: #361498
Report - Rebuttal - Arbitrate
Complaint Review: XL Results Foundation Pt
XL Results Foundation Pt30 Robinson Road, #11-01 Internet Singapore
XL Results Foundation Rip Off Artist Confidence Trickster Fraudster Internet
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Traveling Pyramid Scheme targets Perth Consumers Roger Hamilton and the XL Results Foundation
Individuals of the local business community are warned to do due diligence when dealing with XL Results Foundation pte ltd www.resultsfoundation.com operating a multimillion dollar global Get Rich Quick Investment Scam and Charity Scam.
Warnings against the cult have been issued globally by bloggers, consumer associations, consumer activists, whistle blowers and news media revelations.
Pyramid Scheme operator, Roger Hamilton, Chairman of XL Results Foundation pte ltd will hit Perth from the 12th to 14th August. Venue: Burswood Entertainment Complex, Perth, Australia.
Australian promoter: Paul Dunn, Results Net Australia operating out of Brisbane.
During the three day Perth Wealth Flight event Hamilton will prey on consumers and attempt to extract USD $12,000 from the gullible for an XL life membership. XL is a bogus business networking scheme that bilks would-be entrepreneurs for membership money while providing them with non-existent training and networking opportunities.
After parting with thousands of dollars, duped consumers are left empty handed and shame faced.
XL Results Foundation pte ltd has been under international media scrutiny after 150 Singaporean members of the scheme demanded a refund claiming they were duped and cheated by the Chairman of the company, Confidence Trickster Roger Hamilton. Disgruntled members have been advised to lodge complaints with the Consumer Protection Agency.
Allegations against the company include XL Results Foundation's revenue source is from the constant recruitment of members into the scam a classic pyramid scheme structure. Hamilton and his cohorts are using membership funds to stave of legal action and protect the scam from exposure.
(The Federal Trade Commission advises that the practice of getting commissions from recruiting new members is outlawed as "pyramiding."). Pyramid Schemes are illegal worldwide.
Information on the scam can be found on:
CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.
This report was posted on Ripoff Report on 08/11/2008 07:56 AM and is a permanent record located here: http://www.ripoffreport.com/r/XL-Results-Foundation-Pt/internet/XL-Results-Foundation-Rip-Off-Artist-Confidence-Trickster-Fraudster-Internet-361498. 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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