Complaint Review: RudiusCapital & Trust KB - 2449 Luxembourg Internet
RudiusCapital & Trust KB, Rudius Holdings Group Ltd. Liars, Cheats, Platorm Trading Scam, Investment Scam 2449 Luxembourg Internet
*Author of original report: Yes...Mark Boswell - Let The Truth Be Known
*REBUTTAL Individual responds: Let's talk Credibility
*UPDATE Employee ..inside information: Now for a dose of 'Reality' to Mr. Annonymous.
There is a lot of interest in Private Placement Trades also known as Platform Trading. Rudius Capital & Trust KB also known as Rudius Holdings Group marketed a series of investment services, one in particular called the Leveraged Trade Program or LTP. The LTP program promised a 100% return of principle within 60 banking days and an additional 1000% return within 12 months.
Now that might sound like total B.S. to most investors but it is certainly possible especially, if you have on average a million or more to invest. These types of programs do exist by invitation to those that have the means. I know and have participated in these types of programs before with some success; meaning that although I made a fantastic return initially, the programs either ended prematurely or no longer performed as well.
This was a very small cap trade program with a minimum investment of $100K which made it highly attractive. I had extensive due diligence which included INTERPOL and NSA background checks on the published Board and Advisory Members. I also did detailed checks on their offices and virtual office centers. I even checked out their registered business documents and licenses and everything came up clean and still does until now. I invested my hard earned cash into the LTP during February 2012.
Right from the beginning, there was trouble. Rudius had prematurely marketed the program to potential investors. These guys did not have their act together at all. When the program failed to reimburse the initial investment principle within the 60 days, I learned about a business dynamic critical to the LTP program's success that was never disclosed to investors. I also learned about a Mr. Mark Boswell's involvement in this dynamic.
Mark Boswell has gone by different aliases in the past. There is a cloud of suspicion concerning his role in several investor fraud schemes. At the time, I couldn’t find any solid evidence against him, pending court cases or convictions. Rudius nor any of their subsidiaries ever disclosed that Mr. Boswell was actually running the LTP program. At that point, I was ready to bail and asked for the return of my principle.
I was told by Mr. Boswell that my funds have already been committed and unless there was interest from another party willing to "take my place", I could not get my investment back. Aside from continual delays and miscommunications, Rudius and their subsidiaries have breached contract so many times, I have actually lost count. They have a habit of changing the rules in the middle of the game. Did I also mention that they charge a $400 monthly fee to maintain the trust account were your funds supposedly reside.
The real kicker was when Mr. Boswell introduced Strategic Capital Services (SCS) and "suggested" that all LTP investors purchase SCS shares. These shares were supposedly a hedge against the trade windfall by investing the raised capital in various strategies: FOREX, land, buy/sell, etc. The SCS agreement was nebulous and loaded with fees including a $6K monthly account fee. I saw no advantage to signing that ridiculous agreement. I was told by Mr. Boswell that Rudius would honor the original “intent” of the LTP since I did not purchase SCS shares.
Over the next few months, still without my initial investment returned, I received a multitude of communications regarding how close Rudius and the subsidiary management were to a deal with various fictional characters in this whole charade. These unscrupulous characters at Rudius and their various subsidiaries’ have a tendency to build you up on the anticipation that something remarkable was about to happen and then the major let-down was all too common.
Without making this any more boring than it needs to be because you already know how it ends. The bottom-line is that I pretty much made an interest free loan to these people to only finance their corrupt business practices and I am certain a more opulent life-style than myself.
I made nothing from this entire ordeal and lost even more in the lost opportunities that my principle could have afforded me if I had invested elsewhere. I did come away from this with a hard learned lesson… NEVER invest in any trade platform program unless you are ABSOLUTELY direct to the trader or you are wealthy enough to own your own fund or platform.
This report was posted on Ripoff Report on 06/02/2014 07:35 PM and is a permanent record located here: https://www.ripoffreport.com/reports/rudiuscapital-trust-kb/internet/rudiuscapital-amp-trust-kb-rudius-holdings-group-ltd-liars-cheats-platorm-trading-sc-1151640. 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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