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Report: #1415304

Complaint Review: Dave Santarelli - Kissimmee Florida

  • Submitted:
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  • Reported By: Robert — Tallahassee Florida United States
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False trade feed reports. Results are fabricated and not real. Trade alerts inconsistently broadcast via multiple methods. No announcement as to where the paid alerts will come from. Ordering page does not have a confirmation page before submitting order. Once you select the subscription and click next. Your order is sent and completed. The service claims ZERO refunds. Huge red flag. Claims 400+ members. The owner has admitted this is over the course of inception 1.5 years of time.

That is all the members who have come and gone. Not active. Actual count is around 15 real members that have been suckered by Dave. There are multiply Facebook profiles being used to PUMP the product. Social Media Marketing companies are also hired to engage with customers to make them feel they are talking to real members. This entire organization is a complete and total scam. David Santarelli is a Con Man from Pennsylvania. He then fled to Florida to avoid prosecution for previous scams. Avoid at all costs!!

This report was posted on Ripoff Report on 12/06/2017 06:25 AM and is a permanent record located here: https://www.ripoffreport.com/reports/dave-santarelli/kissimmee-florida/dave-santarelli-the-santarelli-exchange-not-as-advertised-fake-trade-results-no-educati-1415304. 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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REBUTTALS & REPLIES:
3Author
0Consumer
2Employee/Owner

#5 Author of original report

One day, Week, Month, Year

AUTHOR: Robert - (United States)

POSTED: Saturday, October 20, 2018

 Dave is trying to deflect attention away from his Stock Market Advice Website. Where is lures in unsuspecting victims with tall tales of 200% gains. He pays people to act like members that send private messages to potential customers. They chime in with, wow Dave seems pretty good, what do you think? I am thinking of joining, are you? Etc etc. Dave claims to have this wealth of available information for paid members that will be available on his website once you join. Then claims the education is free. The Stock Market Advice is what I am paying for. Along with the "chat room” and the three other methods of communicating the Stock Advice. None of these issues have anything to do with how long I was a member for. I’ve already given proof I was a member for several months. You know better then that. The length of time I was a member has no bearing on your con job.

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#4 REBUTTAL Owner of company

You are lying, here is proof!

AUTHOR: Santarelli - (United States)

POSTED: Friday, October 19, 2018

Every word that has come from your mouth has been a lie! You were with me 7 day, NOT 5 months. Here is the email I get when a member joins and cancels. ALSO, here is the other pictures I attached that this site did not publish the first time.

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#3 Author of original report

Here is Proof

AUTHOR: Robert - (United States)

POSTED: Friday, October 19, 2018

 I was a member much longer then 1 week. What a fool. He just cannot stop the lies.

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#2 Author of original report

Member for Five Months, not a week

AUTHOR: Robert - (United States)

POSTED: Friday, October 19, 2018

 I joined the mailing list in April 2017. I became a paid member July 27th. I used a promotion code that was diseptive. The code was for 50% off for one year. However it charged me for the whole year all at once. There was ZERO confirmation page. I sent DAVE a nice email asking to change my membership to monthly as I wasn’t aware the discount was only for a whole year paid. He explained that I would be happy with the service and to give it a try. He was not willing to refund my mistake and allow me to pay 50% higher monthly rate. Once I gained access, there was no Educators page. It was empty. However this page was loudly touted as a reason to join. . DAVE assures me that this is because he is so new that I should just over look this. Then the problem with trades being announced over various platforms without notice. We’re all suppose to just be on all the platforms constantly. On September 28th I demanded a full refund. So, no I was not a member for a week. I was a member for five months and a paid member for two months. I gave the service a try as you suggested after my first request for refund. This guy actually goes on video and says, I thought that would go up and it did!! Then puts it on his feed as if he called it as a win... The guy is a total screw ball. He has no idea what he is doing. He prays on beginning investors.

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#1 REBUTTAL Owner of company

False Report!

AUTHOR: Santarelli - (United States)

POSTED: Friday, October 19, 2018

This member Robert was with us for less than a week. He signed up using a yearly promo code and email me saying if I did not give a refund so he could signup for monthly he would report me. He also stated he was never given a refund which is false, attached is a copy of his refund. Also, his other statements are false. We have a FREE Facebook group for anyone where we post charts, videos and content for non paying members, and then our site for detailed trades, trade plans, live trade room, live trade feed and access to our classes. Member was with us less than a week which is also shown in pictures. I just now had time to respond to this and very upset with the false info. We have high morals and standards at TSE (The Santarelli Exchange). I work NON STOP for our members and they know it, which is WHY we have so many great, 5 star reviews from real members. Which is why we have over 1,000 subscribers and over 16,000 in our main FB group. Also attached, since you were with us less than 1 week and only did this because you did not get your refund quick enough, I will show pictures what the trade feed looks like, where we have, IN DETAIL, our charts, entries, exits, targets, details of trades, pictures of the chart and what to look for, and then we do daily recaps and even videos now. We have the largest day trading stock and options group on the web. TSE only has 2 accounts! We have the Day Trading Stock and Options Room (The Santarelli Exchange) and that is open to anyone, paid or not a paid member, and then we have our private FB group for just paid members (which to be totally honest, I have not used in months since all our members are in our live trade room on our site.

Furthermore, you have stated the following " David Santarelli is a Con Man from Pennsylvania. He then fled to Florida to avoid prosecution for previous scams. Avoid at all costs!!" First off, I have NEVER heard such a false, misguiding, slanderous phrase in my life! I have NEVER been in trouble with the law, the worse thing on my record is driving down a 1 way street! You can do a search of me and my name and see the TRUTH! That is why I have my name on the business, we are NOT like other trading companies who hide behind false names, my name is on the line and that is something I DO NOT take lightly. These are false statements, as provided in the pictures! 

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