Stansberry & Associates Investment Research DailyWealth Claims to be investment advisory and will ask your email ID and your credit card for selling product Baltimore, Maryland

These guys refused to cancel my subscription by email (citing banking error as a reason!) and asked me to call their office. After calling them and canceling the subscription which they confirmed, the crooks have continued to charge my credit card for a year !

Infact this is the second time they did this. I thought the first time was a mistake. But this is now a confirmed fraud.

See below evidence in mail extracts. The reason I canceled the subscription was there was nothing in the reports worth reading ! Its just crap.

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From: Stansberry and Associates 
To: 
Sent: Mon, June 21, 2010 9:37:27 PM
Subject: RE: CANCELLATION OF customer ID 51861937

Dear Valued Subscriber,

Thank you very much for contacting Stansberry and Associates.

For security reasons and to prevent banking errors you must contact us by phone to cancel a paid subscription. Submitted email to cancel a subscription will not be processed. To cancel a paid subscription, please call (888) 261-2693 or for international subscribers (410) 895-7964. Our customer service center is open Monday through Friday, 9 a.m.-5 p.m. EST.


Regards,
Stansberry and Associates
Customer Service Dept.

Original Message

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And now the first time-

----- Forwarded Message ----
From: 
To:

Sent: Sun, August 2, 2009 2:37:04 PM
Subject: S&A Customer Service Request - Subscription inquiry

Sunday, August 02, 2009 Dear ,  Thank you for contacting Stansberry & Associates. Your e-mail will be returned in the order it was received. You may also contact us by phone at 1-888-261-2693. International callers should dial 410-895-7964. The information in your request is listed below. Sincerely, Lance James, Director, Customer Relations Stansberry & Associates Investment Research Subscriber Information First Name: Last Name: E-mail Address: Phone Number: Comments Account ID: 000034737085 User Name: GUPTA29879 Dear Sir / Mam, I wished to opt out of the auto-renewal option at the end of 6 months of my subscription. I can not find the options on the screen. Please do the needful to avoid auto-renewal. Regards,

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Subject: CANCELLATION OF customer ID 51861937
From
To: 
Date: 2010-06-19 07:26:13

Dear Madam/ Sir,

Please cancel my premium subscription- customer ID 51861937.

I hope not see see any more $5 per month debits on my credit card.

Thanks.

Regards,