Ripoff Report Needs Your Help!
X  |  CLOSE
Report: #994812

Complaint Review: Luxman Trading Concepts - Marina del Rey California

  • Submitted:
  • Updated:
  • Reported By: Annieloulou — Potomac Maryland United States of America
  • Author Not Confirmed What's this?
  • Why?
  • Luxman Trading Concepts 4712 Admiralty Way #185 Marina del Rey, California United States of America

Luxman Trading Concepts Refuses to honor contract refund for nonperformance Marina del Rey, California

Show customers why they should trust your business over your competitors...

Is this
Report about YOU
listed on other sites?
Those sites steal
Ripoff Report's
content.
We can get those
removed for you!
Find out more here.
How to fix
Ripoff Report
If your business is
willing to make a
commitment to
customer satisfaction
Click here now..

This firm sells ("licenses") automated trading programs, via cold calls.  The contract states the license fee will be refunded if the program is not profitable in six months.  Their M.O. is to simply not honor the contract terms.

I see they have been continuing this scam for some time and hooked quite a few victims.  I feel foolish indeed for having violated the First Commandment of investing--thou shalt invest no money within *anyone* who calls you first, no matter how convincing they may sound.  Also, apparently, a written contract isn't worth the paper it's written on, and that the average taxpayer gets very little for the millions (billions?) of our tax money spent on supposed oversight and regulation of financial services.

This report was posted on Ripoff Report on 01/10/2013 05:32 PM and is a permanent record located here: https://www.ripoffreport.com/reports/luxman-trading-concepts/marina-del-rey-california-90292/luxman-trading-concepts-refuses-to-honor-contract-refund-for-nonperformance-marina-del-re-994812. 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

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?
Featured Reports

Advertisers above have met our
strict standards for business conduct.

X
What do hackers,
questionable attorneys and
fake court orders have in common?
...Dishonest Reputation Management Investigates Reputation Repair
Free speech rights compromised

WATCH News
Segment Now