Alpha Select Index Trading Managed Accounts - Has anyone invested with them?

[Ryano1911]

..but who knows if the bank will release the id photo its up too them the police say and bank say police pass the buck boys looks like the commonwealth protect the crims in more ways than one. i guess i am a bit provocative but we are all peeved off with the blocking you get every way u turn just have to see what come next i guess

The Above statement is exactly along the lines of what weshould be putting to ACA or Today Tonight.
I would think the Commonwealth bank has a lot to answer for and a lot loose with all the advertising they been doing lately.
How do you recon we'd go getting the money out of the Commonwealth Bank?? cause obviously they diddn't do any checks on the ABN or ACN (which they need to open a pty ltd account)


Commonwealth Bank..... the criminals choice!

Are you a scammer or looking to commit investment fraud then see one of our
Commonweath Bank personel business bankers today, we'll help you pull off that scam you've been wanting to setup.

 

[banco]

http://www.theaustralian.com.au/news/underbelly-inc-gangs-muscle-in/story-e6frg6of-1111117471374

 

[Ryano1911]

Bank details are:
Commonwealth Bank of Australia
Account Name: Alpha Select Pty Ltd
BSB: 064 214
Account Number: 1017 2126

Also I should add that this so called Steve guy who told me he diddn't want to take food off my table also admitted to me that he's 42 and he owns a Ducati.

 

[GAZZAR]

I contacted my local detectives today to report this fraudulent set-up. They took a detailed report which they tell me they send through to the police in the local area for filing and possible investigation. If there is enough complaints and money at stake they will investigate.
So from my dealings with the ACCC, ASIC and police, these government authorities will only act when there is a large number of complaints or significant amount of money involved - which seems to be the in this case.
So the only possibly way of seeing these guys caught and prosecuted is if everyone involved reports it to the ACCC, ASIC and local police station. Strength in numbers people.

PS: Has anyone contacted Craig Walter - Mysterions contact? I spoke to him yesterday and he said he had many reports from victims of this scam. I was expecting some feedback from him via e-mail this morning on what we could do.

Yes totally agree! It will take many of us to report details to the ACCC, ASIC and police.

 

[GAZZAR]

Bank details are:
Commonwealth Bank of Australia
Account Name: Alpha Select Pty Ltd
BSB: 064 214
Account Number: 1017 2126

Also I should add that this so called Steve guy who told me he diddn't want to take food off my table also admitted to me that he's 42 and he owns a Ducati.

I have exactly the same detailed numbers regarding these bank accounts - into which I tansferred funds. Surely the bank accepting these transactions have futher details and could track the money??

 

[Plumber1]

I have exactly the same detailed numbers regarding these bank accounts - into which I tansferred funds. Surely the bank accepting these transactions have futher details and could track the money??

All you need to do is document all the information in this set of posts.
Then take it to the police and tell them you want to place a FORMAL complaint against Alpha Select Pty Ltd.
Then go to a solicitor and tell them that you intend to commence an action for fraud against Alpha Select and you want them to legally access all the details of the Bank Account holders. (Should cost no more than $200)

If each of the people who got ripped off by Alpha Select contacted each other and decided to use just one solicitor, then the costs of the action would be very small for each participant.

If you keep adding information here, you will eventually get these guys.

If you let this guy get away with this then not only has he ripped each of you guys off,BUT he will do it again and again.
Do something and get your money back!

 

[McLovin]

What a renaissance man, flogging phones out by the airport one day, running a hedge fund the next!

Interesting that it appears they've done a cut and paste job on the disclaimer from another hedge fund too...

http://www.regalfm.com/disclaimer.html

http://www.oracletrading.com.au/disclaimer

Same questions as always:

1) Why is there no AFSL information on your website?

2) What's the name of the "fund", not the management company, and who is the custodian of the "fund's" assets?

3) Why is there no account name given under the "about the fund" bank details?

4) Why is the address in your "Information memorandum" currently listed as being for lease?

http://www.realcommercial.com.au/property-offices-vic-port+melbourne-5817183

Just sayin'

 

[Ryano1911]

Ok so I just recieved a call from my bank letting me know that they have been unsuccessful in reversing the transactions but again they can't tell me why they couldn't be reversed. So I've contacted both ACA and Today tonight to see what happens.
Has anyone else put their story in? I've linked them to this thread as well as there is a lot of info here for them to run with.
I would suggest if your willing to be part of some media coverage then get your story to them.

Today tonight
http://au.news.yahoo.com/today-tonight/contactus/suggest-a-story
ACA
http://aca.ninemsn.com.au/feedback.aspx

Also anyone had any updates from the Police??

 

[Bazza44]

Hi Everyone,
I've been away and lost touch with what's going on re. Alpha Select. But have noticed that there hasn't been any activity for a week or two. Is anything happening? Are people joining forces to try and track these people (I use the term loosely) down? If so, please let me know who I should contact. Have already been in touch with ASIC and the local police in Victoria, but no one else. Is there any joint action in the offing?

 

[knothead27]

Spoke last week with the Detective in charge of investigationsinto Alpha select in Qld who is based at Runaway bay Police Station there. If you want to get more action, contact him and get these guys motivated by your actions and insistance, as did I.

 

[Ryano1911]

Spoke last week with the Detective in charge of investigationsinto Alpha select in Qld who is based at Runaway bay Police Station there. If you want to get more action, contact him and get these guys motivated by your actions and insistance, as did I.

What Are His details??

 

[karinas]

Why are you looking in melbourne?
The scam was on the gold coast all money was taken into the
commonwealth bank in Bundel rd Bundel gold coast.
thats where the ids are for the accounts.
i just tried another tack at one of the ministers
he's offered too hand it to the police minister.
they have too get to them photo ids in the bank too have any chance.
yeah plummer believe in fairies too stop making every one feel worse.
apprecaite the help but sto belittling them like i am sure you do to me.

 

[knothead27]

Right guys
Asic ACCC are about as much help as a striaght jacket.
useless people, all i got was see your laywer, some protection they offer!
i tracked down address where Alpha select was reigistered.
16 lindaway Tullermarine was an import export buisness Alpha Select did operate out of the address
the Chap that owned alpha select was a mobile phone salesman who has been getting abusive calls understandable but he has been scammed too his ABN and ACN numbers and addresses same as his bussiness agent in st kilda rd Melbourne. Who was beside himself when I explianed it all very nice man very helpfull in trying too find info for me so please don't ring Geoff and abuse him.
And as a Asic agent they even Asic gave the run around and would tell him very little he was on speaker while i was in his office they are unbelievable people disband accc and asic i say save Government:banghead money.
Now what i have just found out through searching around its a Gold Coast scam by the look of it commonwealth bank 42 bundall rd is where all our moneys went.
think i did well for an ametuer lol better than the police ..but who knows if the bank will release the id photo its up too them the police say and bank say police pass the buck boys looks like the commonwealth protect the crims in more ways than one. i guess i am a bit provocative but we are all peeved off with the blocking you get every way u turn just have to see what come next i guess

Hi, just an update. Spoke again to Runaway Bay Police for the latest info....detective has numerous leads and knowledge of those involved but it stretches across a few states and he was loathe to say anymore except to mention Brisbane as well.. Can I suggest you also contact them and if you have not already done so, add your name and complaint - more grist for the mill

 

[karinas]

Very funny regal and oracle probably out of 1 macquarrie same as alpha select you check up they've never heard of them i'll bet

 

[karinas]

Ok so I just recieved a call from my bank letting me know that they have been unsuccessful in reversing the transactions but again they can't tell me why they couldn't be reversed. So I've contacted both ACA and Today tonight to see what happens.
Has anyone else put their story in? I've linked them to this thread as well as there is a lot of info here for them to run with.
I would suggest if your willing to be part of some media coverage then get your story to them.

Today tonight
http://au.news.yahoo.com/today-tonight/contactus/suggest-a-story
ACA
http://aca.ninemsn.com.au/feedback.aspx

Also anyone had any updates from the Police??

yeah updates i need a new pair of runners i run in that many circles no one i talk to is interested police asic accc just a joke. no one wants to ring me for any more investment ideas not unless the phone melts in their hands. Its the 13/06/12 i am just hoping and praying that the ones facing Court today are these people screw em to the wall.
you got to love the ASIC disclaimer at the bottom you are soley responsible other wise its in triplicate form for us and we never knew anything you and ACCC are a waste of space

 

[Ryano1911]

I'm thinking they maybe but not 100%, I had a detective call me about 2-3weeks ago telling me they had about 3-4 trading names and they were very close to making arrests.

 

[coffeeboy]

I'm thinking they maybe but not 100%, I had a detective call me about 2-3weeks ago telling me they had about 3-4 trading names and they were very close to making arrests.

Hmmmm , yes i invested $10000 This is a perfect example of trusting the person on the other end of the phone, if where idiots.
what will happen at the end of the day even if the police get them!!! We will still have been stiffed.
As a wise friend said only just last week, anyone who wants to sell me something (over the phone)can get lost,
unless there talking face to face.
Yes i still would like to follow the police progress.

 

[priyav82]

Hi guys,

Just spoke to Detective Senior Constable Natalie Bennett from the Fraud and corporate crime group of Queensland Police. The good news is that they have made several arrests. Here are 2 links of articles outlining the arrests.

http://www.goldcoast.com.au/article/2012/06/13/424211_crime-and-court-news.html

http://www.brisbanetimes.com.au/queensland/fake-cold-calls-net-trio-15m-police-20120613-20988.html

Apparantly Alpha Select was 1 of 5 scams that they started. I know this doesn't help as the money is gone, but hopefully these guys at least get long jail sentences.

Thanks

 

[BrianFXman]

I have an entire copy of the website source code..... the name at 1 Market Street is
fictitious..... therefore a lot more is fictitious........

wow guys .. doing a gread job on this forum.. Its great to see an educated forum get to gether rather than those other forex forums who a fake posts from other brokers, or clients in the wrong making up stories.

Lets see if these guys sping back up .. I'm sure they will

 

[knothead27]

Hi guys,

Just spoke to Detective Senior Constable Natalie Bennett from the Fraud and corporate crime group of Queensland Police. The good news is that they have made several arrests. Here are 2 links of articles outlining the arrests.

http://www.goldcoast.com.au/article/2012/06/13/424211_crime-and-court-news.html

http://www.brisbanetimes.com.au/queensland/fake-cold-calls-net-trio-15m-police-20120613-20988.html

Apparantly Alpha Select was 1 of 5 scams that they started. I know this doesn't help as the money is gone, but hopefully these guys at least get long jail sentences.

Thanks

Sorry to be so long in getting in touch - have you had an update on sentencing, jail time etc?I can call the Police but wanted to take this opp to thank you for bringing us victims up to speed. Great work