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Report: #781736

Complaint Review: CTI Group - Internet

  • Submitted:
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  • Reported By: gene — Colfax California United States of America
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  • CTI Group Internet United States of America

CTI Group Cold call tried to suck me in Internet

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I received a cold call today from CTI Group.  They have been trying to contact us for many days but we normally don't answer unknown numbers.....caller id.  Today I decided to answer it to find out who keeps calling.  A representative from CTI Group answered and started right in to a sales pitch on a trading system that is based on the mini s & p 500 futures.  I ask many questions that he seem to avoid answering unless I repeated myself many times.  He told me they have a program that wins approximately 88 % of the time called "Victory".  It turned out to be a pitch for me to invest $8500 mimimum to purchase their license agreement for $6000 plus $2500 for one futures contract to start this investment.  The rep stated that for each $2500 invested I would make on an average based back to 2007 on actual trades and three years of "back testing," roughly $388 for each $2500 invested.  I questioned this at this point and asked what annual % this equates to, but never received an answer.  As a matter of fact, I ask many many questions about this investment from that point on.  The rep couldn't answer or avoided them, and just wanted me to talk to his boss, one of the partners, instead of him, a junior in the firm.  I said just send me some info in the mail and I will review it, contact the SEC and b.b.b. to see if this investment is on the up and up and decide on the investment latter.  He said they normally don't send out anything and the partner would answer all my questions and put to rest any concern about the investment and also wanted me to log on to their website with a user i.d. and a password .  At that point I ask him is the reason you don't send out anything is to avoid mail fraud?  He said no, it is just too expensive.  I said many other outfits do it, why not you?

The more I talked with him and ask more questions, the more he avoided answering my questions.  Finally, I told him I had to go and the phone just went dead on his end.  No thank you for your time or whatever.  Most likely this is a total scam or a good way to lose a pile of money.  Be careful.

Gene

This report was posted on Ripoff Report on 09/27/2011 12:07 AM and is a permanent record located here: https://www.ripoffreport.com/reports/cti-group/internet/cti-group-cold-call-tried-to-suck-me-in-internet-781736. 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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