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Report: #871736

Complaint Review: Day Trading Robot - Internet

  • Submitted:
  • Updated:
  • Reported By: Chloe — Clearwater United States of America
  • Author Confirmed What's this?
  • Why?
  • Day Trading Robot Internet United States of America

Day Trading Robot Global Marketing Corp.,daytradingrobot.com,doublingstocks.com,"Jason Kelly" aka Alexander John Hunter and Thomas Edward Hunter British Teens Faked Robot In Stock Fraud Under Name "Jason Kelly" Internet

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From today's (April 21, 2012) Globe and Mail:

"A pair of British twins who as teenagers claimed their stock-picking robot could unearth penny stocks ready to soar were sued on Friday by the U.S. Securities and Exchange Commission, which called the robot fake and the twins fraud real.

"The SEC said Alexander John Hunter and Thomas Edward Hunter, who ran the now defunct Global Marketing Corp, defrauded more than 75,000 investors who paid more than $1.2-million (U.S.) to learn about the picks by the
robot, dubbed 'Marl.'"

The full story is at:

http://www.theglobeandmail.com/report-on-business/international-news/british-teen-twins-faked-robot-in-stock-fraud-us-sec-alleges/article2409298/

The boys had big fun at the expense of others. They made money two ways. First, through selling their newsletter touting the robot's picks, along with a "home version" of the software they made $1.2-million. Second, they were paid $1.86-million to promote stocks through Equitypromoter.com.

Congratulations to the first poster who pointed out the warning signals about Day Trading Robot. You were right.

This report was posted on Ripoff Report on 04/21/2012 10:59 AM and is a permanent record located here: https://www.ripoffreport.com/reports/day-trading-robot/internet/day-trading-robot-global-marketing-corpdaytradingrobotcomdoublingstockscomjason-kel-871736. 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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