• Report: #652122
Complaint Review:

Lexington Trading

  • Submitted: Sun, October 17, 2010
  • Updated: Mon, November 01, 2010

  • Reported By: Compassion4All — Alberta Canada
Lexington Trading
panama city Internet United States of America

Lexington Trading Lexington Clearing Firm, Wellington Trading Group, Wellington Asset Management, International Trading Group, Trading ITG, ButtonwoodLLC, Investment options, SCAM, not licensed to trade, no office in panama, telemarket from Costa Rica San Jose, Internet

*UPDATE Employee: Updates

*UPDATE Employee: www.lexingtontrade.com, www.lexingtonclearing.com ,lexingtontrade.com ,lexingtonclearing.com, NO SCAM, FALSE ACCUSATIONS, panama, investment

*Consumer Comment: Owner

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SCAM Fake Broker for options, forex, real estate, investments operating from Costa Rica, but advertise offices in Panama. Panama trade commission states no such company registered in Panama.
Operating since 2004 under many names; Wellington Trading, Intercontinental Trading Group, TradingITG.com mytradingitg.com now using Buttonwood buttonwoodllc.com and Lexington trading Firm, Lexingtonclearing.com, lexingtontrade.com. Associated with Wellington Asset Management in Costa Rica, wamcr.com.

Ask you to wire money to HSBC Panama account.

Beneficiary bank: HSBC Bank (Panama) S.A.
Calle 47 y Aguilano de la Guardia
Panama City, Panama
Account # 000-14118-6
Last Beneficiary: Lexington of Panama S.A.
Account # 0108236713

You will lose all money invested and can't recover it due to governing laws of Costa Rica and Panama.

This report was posted on Ripoff Report on 10/17/2010 10:52 PM and is a permanent record located here: http://www.ripoffreport.com/reports/lexington-trading/internet/lexington-trading-lexington-clearing-firm-wellington-trading-group-wellington-asset-mana-652122. 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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0Author 3Consumer 0Employee/Owner
Updates & Rebuttals

#1 UPDATE Employee


AUTHOR: John - (United States of America)

We here at Lexington Trade have represented ourselves and our business practices in a transparently clear manner in regards to this matter.

Therefore, if there is to be any further discussion on this matter, we believe the only remaining option would be to take this matter into a public court room.

We would be delighted to settle this matter in its entirety. All that is needed is the proper information to be provided by the author of these statements who publicly claims the post.

Until then any additional time spent is a waste.
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#2 UPDATE Employee

www.lexingtontrade.com, www.lexingtonclearing.com ,lexingtontrade.com ,lexingtonclearing.com, NO SCAM, FALSE ACCUSATIONS, panama, investment

AUTHOR: John - (United States of America)

www.lexingtontrade.com, www.lexingtonclearing.com ,lexingtontrade.com ,lexingtonclearing.com, NO SCAM, FALSE ACCUSATIONS, panama, investment,www.lexingtontrade.com, www.lexingtonclearing.com ,lexingtontrade.com ,lexingtonclearing.com, NO SCAM, FALSE ACCUSATIONS, panama, investment

Lexington is a licensed Clearing Firm (as posted on its site www.lexingtonclearing.com ) in Panama that has many happy and satisfied clients as well as disappointed investors who lost money, which is inevitable in any investment arena. The arrival of these fraudulent, defamatory remarks are undoubtedly the mischievous tactics of some jealous, inadequate competitor who finds these kind of actions as their only avenue of active competition against us; as we do tend to excel in our line of work.

Lexington Trade (www.lexingtontrade.com) is a staunch promoter of lawful and legal business transactions and supports the full prosecution of any scam behavior to the utmost extent.

Consequently, legal action has been taken in response to these false allegations and active measures are being enacted to discover the original author of these statements. Upon discovery of the author, we will use every avenue available to us to prosecute to the fullest extent of the law.

We here at Lexington Trade strongly insist that anyone posting information in regards to our company and business procedures only post TRUTHFUL information whether the information is negative or positive, because no investment is a SURE investment. There is always risk and there will always be losses just as there will always be gains.

However, Lexington Trade prides itself in operating under the full restraint and observation of the law, retaining and maintaining a clean record in every respect. Any further fraudulent posting will be actively responded to as well, in regards to rebuttal but more in terms of legal action. Lexington Trade will not tolerate the slandering of it's name and reputation by these false accusations.
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#3 Consumer Comment


AUTHOR: Owner - (United States of America)

I do not believe Wellington Asset Management is associated with these other companies who you are calling "scams". I am an owner of property bought from WAMCR and I was delivered everything I was promised. I am a proud owner and I am actually drawing up plans to build a house on one of the lots I purchased from WAMCR. My experience over the past 2 years with WAMCR has been nothing but professional and I've dealt with many International companies and they ranked right up there with some larger corporations who I have invested with.

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