Complaint Review: Black Box Research - Studio City California
- Black Box Research 11271 Ventura Blvd. #267 Studio City, California United States of America
- Phone: 800-616-2809
- Web: www.blackbox2trade.com
- Category: Investment Brokers
Black Box Research Scam - failed to uphold written guarantee Studio City, California
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March 2008 was contacted by DaveWilson with Black Box Trading regarding a " Guaranteed trading system their company had called the Monarch Trading System complete with what was most likely a fake credibilty report from the "FTC" and another organization i can't remember the name of plus a past performance paper trading results for 18 months or so.
The lifetime fee was $6,000 to trade any system they developed plus you had to open a trading account with PFG. Their was a six month guarantee that "IF" the sytems total trades did not produce a profit in that time period you got half refund and if it had not produced profit by the end of month 7 you got the other half.
I followed directions to the tee requesting a "written" refund at the end of six months and kept being told it was being processed time after time after time. Same with the second half refund until finally they quit taking calls or answering emails.
Andrew Wright and Dave Wilson along with any and every other person associated with Black Box Trading should be avoided at all cost and do not believe a word those lying theaves have to say.
This report was posted on Ripoff Report on 11/13/2011 09:08 PM and is a permanent record located here: https://www.ripoffreport.com/reports/black-box-research/studio-city-california-91604/black-box-research-scam-failed-to-uphold-written-guarantee-studio-city-california-797685. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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