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Report: #966271

Complaint Review: ON TRACK TRADING / PETER NOLAN - VICTORIA Internet

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  • Reported By: LEISA — WERRINGTON Internet Australia
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  • ON TRACK TRADING / PETER NOLAN Internet United States of America

ON TRACK TRADING / PETER NOLAN I INVESTED MONEY INTO THIS HORSE GAMBLING "BUSINESS", WAS ISSUED WEEKLY STATEMENTS SHOWING MAINLY WINS, SOME LOSSES. I INVESTED ALL MY SAVINGS WHICH IS APPROX $30,000 AND AN APPROX PROFIT OF $8,000 GI VICTORIA, Australia Internet

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I was advised by a friend about this "fabulous" horse racing betting system that was making them a lot of money. So I put money in as well as my stepfather, All seemed okay, the "frien" had withdrawn money from his account on a few occasions. We received weekly statements on a Tuesday after the previous saturday's bets had been done. Most weeks there was a profit , maybe 2-3%, some losses. I invested approx $30,000 and allegedly made an overall profit of about $8,000. Therefore my total is $38,000.

I put in a withdrawl request the end of May 2012 of $7,000. I wasnt receiving any reply so I emailed my request another 2 or 3 times. I then rang Peter Nolan & left messages about "where is my money" . I eventually received a call back advising that the computer system had been playing up and that I would be getting it at the end of July 2012. This came & went & in between all this , we received emails to say the business was closing & that all monies owed would be paid out 1/3 over the next 3 months, being end of August, End of September and end of October 2012. I have again attempted on many many occasions to call Peter Nolan, have left many messages with no return phone calls.

to this day , no monies have been received by myself or any other persons I know who had money invested since the "closure" at the end of July 2012. I have kept emails & all my statements advising me of monies won & lost and of where my balance stood. I am on the verge of declaring bankruptcy thaks to this & my credit rating is now blackened beyond repair. I want these people dealt with !!!!!! 

This report was posted on Ripoff Report on 11/08/2012 01:33 AM and is a permanent record located here: https://www.ripoffreport.com/reports/on-track-trading-peter-nolan/internet/on-track-trading-peter-nolan-i-invested-money-into-this-horse-gambling-business-was-966271. 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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