Black Box Trading

[Shields]

These people are still at it, I was about to buy the system after seeing the awards & reviews, that I now see are fake, thankfully I decided to do some research & found this info, thank you all for this thread it had saved me 18,900 dollars, they are still saying all the same stuff but they call them selves One Wealth, not the old 1 Wealth, address is level 21, Tower 2 , 201 Sussex St Sydney, I also was told that this morning there was only 7 left & now there is only 4, I am so thankfully I found this forum

 

[Wookie08]

These people are still at it, I was about to buy the system after seeing the awards & reviews, that I now see are fake, thankfully I decided to do some research & found this info, thank you all for this thread it had saved me 18,900 dollars, they are still saying all the same stuff but they call them selves One Wealth, not the old 1 Wealth, address is level 21, Tower 2 , 201 Sussex St Sydney, I also was told that this morning there was only 7 left & now there is only 4, I am so thankfully I found this forum

Same happened to me yesterday and the same info above was said to me. Out of the blue I received this phone call saying they will be sending me a pack with info on their company. I got it yesterday and rang them too see what it was about. Did some research on the net and found they are not legit. Stay away from One Wealth Group like the plague.

 

[fisher]

All great info above. Unfortunately a bit late for me. There is another twist to this fraudulent scam which involves the offer of a profit guarantee. I was also very sceptical, did some research online, found minimal negatives ( somehow missed this forum). Was offered half price deal with profit guarantee over 12mths. This was supplied as an official looking signed document, and so I was lulled into a false sense of security. Ha Ha. Ongoing support from their consultants was always available. Now 12mths have passed without making the profit stipulated, so I applied to them for a refund of the purchase price. Low and behold they have not replied and they are not contactable at their 1800801348, or 1800801374, or email or registered address, just a recorded message to say the office is unattended. Lodged a complaint with ASIC, but they referred me to contact the police and report a case of fraud. I will persue this avenue to see if it has any legs.
It seems to me that the sort of low lives who run these scams know what they can get away with and are not held accountable by our company and financial watchdog institutions.
My advice is if you get a call hang up immediately and dont engage in any conversation, or if you have a whistle handy blow it as hard as you can.

 

[kriskros]

All great info above. Unfortunately a bit late for me. There is another twist to this fraudulent scam which involves the offer of a profit guarantee. I was also very sceptical, did some research online, found minimal negatives ( somehow missed this forum). Was offered half price deal with profit guarantee over 12mths. This was supplied as an official looking signed document, and so I was lulled into a false sense of security. Ha Ha. Ongoing support from their consultants was always available. Now 12mths have passed without making the profit stipulated, so I applied to them for a refund of the purchase price. Low and behold they have not replied and they are not contactable at their 1800801348, or 1800801374, or email or registered address, just a recorded message to say the office is unattended. Lodged a complaint with ASIC, but they referred me to contact the police and report a case of fraud. I will persue this avenue to see if it has any legs.
It seems to me that the sort of low lives who run these scams know what they can get away with and are not held accountable by our company and financial watchdog institutions.
My advice is if you get a call hang up immediately and dont engage in any conversation, or if you have a whistle handy blow it as hard as you can.

These are the same guys who do the GTA scam.

https://www.aussiestockforums.com/forums/showthread.php?t=28634

 

[Robert Brown]

This company can be fake, you should stay away from this type of frauds.

Extremely interested in starting to trade and have been trying to do all the right things before l plunge in - heaps of research, stategy simulations, talking to other active day traders etc
A few days ago I was thrown a huge curve ball when a company selling a Black Box program gave me the hard sell. Admittedly I was blown away by the facts and figures (e.g turn $2000 into $50000 over 2 years - based on published & verified historical data) and probably would have signed on the bottom line if I had the $19,100 required lying around.
What is more confusing is that I can't find anything dodgy about this company on the net and in fact they seem to be quite reputable. Are these promises attainable or am I simply being seduced by the lure of high profits for little effort
The company is 1wealth and any feedback - good and bad would be awesome

 

[James Martin]

1Wealth is a SCAM.

Extremely interested in starting to trade and have been trying to do all the right things before l plunge in - heaps of research, stategy simulations, talking to other active day traders etc
A few days ago I was thrown a huge curve ball when a company selling a Black Box program gave me the hard sell. Admittedly I was blown away by the facts and figures (e.g turn $2000 into $50000 over 2 years - based on published & verified historical data) and probably would have signed on the bottom line if I had the $19,100 required lying around.
What is more confusing is that I can't find anything dodgy about this company on the net and in fact they seem to be quite reputable. Are these promises attainable or am I simply being seduced by the lure of high profits for little effort
The company is 1wealth and any feedback - good and bad would be awesome

 

[Ecca]

1Wealth is a SCAM.

Hi Guys and thanks for the thread. In Victoria there is a company called Capital Group Holdings. They are offering a product extremely similar to 1 wealth. Their address is level 3 IBM Center, 60 City road South bank Victoria. Products offered are day trading software and a blue chip trading software. The day trading software is limited and only 400 units available. They pressure you to get in quick because there are only a few left. Incentives include a no risk guarantee that the company will refund the purchase price if the system does not make a profit bigger than the purchase price in 12 months. They even had a so called customer ring me to say he was using the product and it was great. Very slick operators and nearly got my 20K.

Thanks again for this thread.