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Report: #231789

Complaint Review: Matrix Trading Solutions - Los Angeles California

  • Submitted:
  • Updated:
  • Reported By: Garland Texas
  • Author Confirmed What's this?
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  • Matrix Trading Solutions 5250 Century Blvd S-634 Los Angeles, California U.S.A.

Matrix Trading Solutions Absolutely Will Not Honor Their Guarantee - Fraudlent Company Ripoff Los Angeles California

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Matrix offers a stock market futures trading system for a one time fee of 5000.00. You set up a trading account of 5000.00 and their system automatically trades it for you. They advertised and showed they had been averaging 8 to 10 percent per month. Bogus. They guaranteed if they did not make money for you in 7 months, they would refund your 5000.00 back. I opened a 4700.00 account in June 2006 and they lost all but 385.00 by August of 2006. I contacted them in December to get my 5000.00 back and they refused because they said their system had made money for those 7 months. My trading account speaks for itself. Their system lost all of my money available to trade. All I want is for them to honor their guarantee and refund my 5000.00 back. They refuse to do so and it appears their system is designed to NEVER issue a refund. It is big time fraud in the worst way. If you are lucky enough to read this before doing business with them, RUN, don't walk, away from them. Their trading system is one of the worst I've seen, oftening losing 10 to 12 trades in a row. Only took 2 months to lose all of my money. Hope this helps others not to be scammed by this fraudulent company.

David
Garland, Texas
U.S.A.

This report was posted on Ripoff Report on 01/21/2007 11:57 AM and is a permanent record located here: https://www.ripoffreport.com/reports/matrix-trading-solutions/los-angeles-california-90045/matrix-trading-solutions-absolutely-will-not-honor-their-guarantee-fraudlent-company-rip-231789. 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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