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Report: #479479

Complaint Review: CTI Group LLC - Los Angeles California

  • Submitted:
  • Updated:
  • Reported By: Joseph — Santa Monica California USA
  • Author Not Confirmed What's this?
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  • CTI Group LLC Los Angeles, California United States of America

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I was contacted by someone from CTI Group Los Angeles. Phone numbers were 323-545-9525 and 232-545-9016.


They were trying to sell me a web based Trading Robot package with guaranteed 25% monthly returns for $7500. When it became clear I would not sign up for something without documentation and doing some research, they terminated the conversation by asking for my email and saying they would send me information.

I never got it and subsequent web research on them shows up nothing.

I also tried to call them back, but their number is either constantly busy or goes unanswered.

They are very smooth talkers and go on and on about their integrity, but how much integrity can you have if you don't have a verifiable public presence.

Feels like a "boiler room' to me.

Be very careful about these folks if you are contacted through some investor's list.

This report was posted on Ripoff Report on 08/13/2009 02:53 PM and is a permanent record located here: https://www.ripoffreport.com/reports/cti-group-llc/los-angeles-california-/cti-group-llc-cti-group-trading-robot-company-no-public-documentation-or-records-los-ang-479479. 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:
1Author
4Consumer
0Employee/Owner

#5 Author of original report

CTI has a C- RATING from BBB

AUTHOR: er777 - (USA)

POSTED: Tuesday, September 06, 2011

Be VERY careful - these guys have earned a C- from BBB

BBB Listing

Smooth talkers, but ultimately VERY suspect.

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#4 Consumer Comment

CTI Name

AUTHOR: Chemfly - (United States of America)

POSTED: Tuesday, September 06, 2011

I just had a call from CTI in Newport Beach.  I did not take advantage of their 20% per month investment opportunity.  I did, however, find Jack Logan's response to my query regarding what CTI stood for.  He said it was the first initials of the three children of the owner.

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#3 Consumer Comment

Tired of phone ringing

AUTHOR: bird - (United States of America)

POSTED: Saturday, June 26, 2010

I'm just peeved at how many times my phone has been called by  these people. I quickly jumped on the web even though I've got a terribly hectic schedule. When I saw this RIPOFF REPORT I quickly established an account just to add a straws weight to the response overly assertive phone sales people are due.

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#2 Consumer Comment

Shady Dealings

AUTHOR: anon4096 - (USA)

POSTED: Tuesday, September 29, 2009

I've been called multiple times in the last month by persons identifying themselves as representing "CTI", even though my number is in the Do Not Call Registry.  The voice is different each time. The presentation is rapid-fire and practised, as if the individuals are part of a boiler room operation, although the typical boiler room background sounds aren't evident. A few calls ago the person claimed that I had expressed an interest in trading stocks, implying that I had contacted CTI for information, although this is completely untrue.  Today's male caller identified the company as "CTI in Newport Beach", which I presume is Newport Beach, California, since I live in California, too.  In my mind, there are multiple reasons why I would not do business with this company:

1. Ignoring the Do Not Call Registry.
2. Lying about having contacted them in the past for information.
3. Calling repeatedly over a short period of time after I had told them I'm not interested in their product or service.
4. Using a vague, ambiguous abbreviation for the company name, instead of stating its full name.

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#1

Is this the same CTI in Newport Beach?

AUTHOR: Kevin - (U.S.A.)

POSTED: Saturday, August 15, 2009

Joseph,


I am not truly rebutting your entry. I too have been contacted by "CTI" and feel it is this same company, and I'm a bit leary, yet they told me they were out of Newport Beach, CA. A quick lookup on the www.BBB.org site shows a "legitimate" A-rated CTI (Currency Trading International, Inc) in Newport Beach. I don't know for sure if this is the same group, but, I do trust the BBB site for unbiased opinions.

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