Anyone heard of BCG live?

[matty77]

anyone heard of them, someone flicked me an email today, looks like something dodgy going on?

You should have just received your new monthly account statement.

We certainly hope you are happy with this months return.

I just wanted to take a small amount of your time with some "food for thought".

As many investors and members do, they begin small and add to their account and upgrade their membership levels for more substantial returns. And I would agree in most cases this is the prudent approach to any investment.

Now, here is the "food for thought" as I mentioned. Did you know that the following membership levels and trading amounts HAVE returned the following THIS YEAR:


HALF MEMBER $10,000 TRADING ACCOUNT - JAN 2009 TO AUG 2009

MONTH RESULT TOTAL PROFIT SHARE

JAN 09 8.75% $875.00 $437.50
FEB 09 6.42% $642.00 $321.00
MAR 09 5.90% $590.00 $295.00
APR 09 7.41% $741.00 $370.50
MAY 09 7.26% $726.00 $363.00
JUN 09 7.87% $787.00 $393.50
JUL 09 7.47% $747.00 $373.50
AUG 09 8.83% $883.00 $441.50

TOTAL 59.91% $5,991.00 $2,995.50



This is an annualised return (if we average out the remainder of 2009) of:

89.86% or in this case $8,986 of which $4,493 is the profit share that gets paid monthly!

That’s an average monthly return of 7.48%.

and it goes on after that.....

 

[matty77]

website: www.bcglive.net

 

[Timmy]

No, never heard of them.

I looked up their website on whois.com, this is what I got:
http://www.whois.net/whois/bcglive.net

Click on the image to expand it and get a better view.

So while the postal address is in Victoria, the details on whois have them in Southport, Qld. Go figure???



Contact is someone called Slade Hata. So I Googled that name and got a few links. Worth a try. Here is a screenshot of the Google results.

I clicked on one of the links. The page is too big to upload here, so here is just the first part. Oh dear.
Here is a screenshot:

I might be barking up the wrong tree though, so DYOR.
Good luck Matty.

 

[911turbo]

Hello Matty77,

How did you come in contact with this and do you know anyone who has been involved with them in anyway? Have you spoken to them?

Regards.

 

[Timmy]

Working late at BCGLive tonight? Spamming away, eh?

 

[matty77]

Hello Matty77,

How did you come in contact with this and do you know anyone who has been involved with them in anyway? Have you spoken to them?

Regards.

sorry I prefer not to say.

no I am not stupid enough to speak with them myself - and yes i know someone that has money with them, trying to convince them to get it back. Why? are you going to tell me how great it is?

 

[matty77]

While I was never dumb enough to put money into this scam I know someone that did, despite me telling them it was a scam... Anyway as time goes by it all comes out. I cant say much as its confidential, but FYI STAY AWAY from these companies. Below comments edited and info has been removed..

Summary of findings
Our preliminary findings and assumptions to date are that we have been caught out by a fraudulent scam with Nominee Traders Limited.

removed other people who were also investors with Nominee Traders (non-BCG members of course) and the story they tell us is similar but also different to our experience with Nominee Traders (herein called ‘NT’).
Without actual evidence, our preliminary findings are that a person named Larry Pickering (aka Paul Perry) is the mastermind behind the whole setup. He uses other people to act as fronts for different businesses but bankrolls and orchestrates everything behind the scenes.

He uses multiple addresses and operates multiple businesses as follows:
• Kirkberry
• Alliance Traders
• Nominee Traders
• International Arbitrage Strategies (Aust) Pty Ltd
• IAS Hong Kong Limited (presumption only)
• Cohen Strachan Investment Pty Ltd (CSI)

PM me if anyone has been caught out by these guys and I can forward you to company with more information.