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Report: #1329260

Complaint Review: prizmtech.co - Internet

  • Submitted:
  • Updated:
  • Reported By: ScamPolice — Cooper City Florida USA
  • Author Not Confirmed What's this?
  • Why?
  • prizmtech.co Internet USA

prizmtech.co barkleycapital.com, prizm.tech.co Thieves and Fraud New York NY 1133 Broadway Ste 1281 New York New York

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It is a bait and switch. Their introduction video with Richard Squire,shows how easily an individual can manage their auto trading (PrizmTech.co) platform.  Once you sign in and provide them your minimum deposit of $300.00, a salesperson will then try to persuade you into depositing more money - he will tell you that, "it's because of how the trading market is designed to provide a larger profit based on a larger deposit amount - which include a manager (himself). Another thing that these scammers will tell you is that, "they know a good stock or trade that is going to provide you 75% or more on your return" (the rep very well knows that it is a losing trade). Most likely the individual will fall for it and next thing you know you loose all of your money (they intionally place your funds on a losing trade). But then they'll tell you that "your money was on a secured trade, so they're going to refund you back the money". What  they don't tell you is that your "refund" is now what they call a "bonus", which means you can never ever retrieve it back as a refund - which means you'll never going to see that money ever again. These scammers make their money on your losses.
The rep, David Phillips, never got me to budge, so my money never had the chance to be placed on a trade. He was so angry, he hung up on me.

This report was posted on Ripoff Report on 09/20/2016 05:25 PM and is a permanent record located here: https://www.ripoffreport.com/reports/prizmtechco/internet/prizmtechco-barkleycapitalcom-prizmtechco-thieves-and-fraud-new-york-ny-1133-broadwa-1329260. 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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