• Report: #447948

Complaint Review: HugeROI.com; Clifton Alexander

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  • Submitted: Fri, May 01, 2009
  • Updated: Sat, August 20, 2011

  • Reported By:stone mtn. Georgia
HugeROI.com; Clifton Alexander
Memphis, Tennessee U.S.A.

HugeROI.com; Clifton Alexander They SCAMED me of 20 GRAND; they invested $$$ without written consent or permission. They ignored emails & phone messages Memphis Tennessee

*UPDATE EX-employee responds: Hugeroi

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In April 2008, i made the stupid mistake of wiring 20 grand to this scam outfit. Because my printer was'nt working, i never got around to sending them my 'signed aggreament' or 'signature to invest'. While i mistakenly assumed it was earning 20% interest , it was doing nothing.

Then in Oct. 08 , i received an email informing me that because of the stock market crash, that they had 'lost' about 6 grand. WTF??? How couldl they invest it without my signed aggreament???? They also informed to 'move' the funds into a different investment program. I did move it out of the *supposedly* ill fated fund, but i didn't reinvest it.

I emailed them that i wanted all remaining funds. I even called & left phone messages. All they did was play deaf, dumb & blind! More often than not, i could'nt even log onto HugeROI.com. They allways had a 'excuse'. Then, in Jan 09., without even emailing me, i learn that these scammers *supposedly* lost ALL funds in currency crash! DO NOT TRUST THIS OUTFIT! I FOUND MORE DIRT ON TalkGold.com after wiring my funds. THESE ARE CON ARTISTS! I WANT MY MONEY BACK! WHAT MUST I DO TO RECOUP MY LIFE SAVINGS????

Christopher
stone mtn., Georgia
U.S.A.

This report was posted on Ripoff Report on 05/01/2009 12:49 AM and is a permanent record located here: http://www.ripoffreport.com/r/HugeROIcom-Clifton-Alexander/Memphis-Tennessee-38190-0252/HugeROIcom-Clifton-Alexander-They-SCAMED-me-of-20-GRAND-they-invested-without-writt-447948. 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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Updates & Rebuttals

#1 UPDATE EX-employee responds

Hugeroi

AUTHOR: Hugeroi - (United States of America)

Hello,

Hugeroi was NEVER a scam, hugeroi had stock traders and forex traders trading all funds as stated to all accredited members of the group.  There are records of all trades , wins/ losses statements available.

Each member had to agree that they were accredited investors and had to agree to the terms/ risk factor many times while signing up on the website, stating the risk of investing before joining the group and as stated!  all members had to agree to be an accredited investor before joining a program inside the group. 

Hugeroi suffered a major loss and it was reported to all members.

Members had the option to withdraw or move their funds to the forex market program to try to recoup the stock market loss.

100% of the members agreed to move the remaining funds that were not lost in the stock market to move the balance to the forex market program.  Hugeroi has email and also records from members agreeing to the website terms /risk involved , program terms , agreements, win / loss statements are available as proof which were posted on the website when the company failed.

The account managers that handled the traded funds can also verify this information, along with forex.com and optionsxpress.com.  

We apologized for the loss to all members,

We also had money invested with our members to get the group started, which was also lost.

NEVER was hugeroi a scam, everything that happened, we told our private members about it and posted the results on the website as proof!

The funds that were lost were too major to recoup from in the forex market. The manager of the portfolio suffered a major lost after the  1st month of trading which resulted in Hugeroi's downfall.

That was also reported to all of our members. 

We also answered all email and answered all phone calls.

Also, Any negative comments left about Hugeroi were other business trying to slander Hugeroi at the time Hugeroi was becoming a known company.

We posted everything about the results, win / loss and etc. for everyone to see.  We would have replied to this forum years ago but we just found this post and had to set the record straight.

Again, we apologize for the loss but please know it was a loss... NOT a scam.









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