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Report: #805226

Complaint Review: CTI - Newport Beach California

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  • Reported By: Alan — Monterey California United States of America
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  • CTI 3857 Birch St., Suite 545 Newport Beach, California United States of America

CTI CTI Group LLC CTI Boomer S&P E-Mini Trading Program refuses $6000 Subscription refund after earning only 1% not 25% in one year Newport Beach, California

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CTI offers a S&P E-Mini 'Boomer' trading program that 'automatically' trades the e-mini S&P 500 futures contracts.  CTI claimed through 'unaduited' historical trades that they were able to generate profits in the 10-15% range per month or generate over 95% in one year, 235% in 2008, others like this.  Through a pass word protected website they showed me their 'own' records of these fantastic trades.

I was leery of these claims so CTI offered me a guarantee to return my $6,000 subscription fee if the Boomer program did not generate 25% in profits in one year, September 2010 to September 2011. 

I misread the notice date thinking I had to file a refund request within 30 days of the end of September when it should have been 30 days after August 31st. So, I kept this fund active just to get the refund, and wanted CTI to honor my request.  

This report was posted on Ripoff Report on 12/05/2011 02:01 PM and is a permanent record located here: https://www.ripoffreport.com/reports/cti/newport-beach-california-92660/cti-cti-group-llc-cti-boomer-sp-e-mini-trading-program-refuses-6000-subscription-refund-805226. 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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