Australian (ASX) Stock Market Forum

Commercial Securities?

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hi, I am new to this forum and was very interested to read the post below showing that a profit of $2,330 was claimed for March 2010, because I checked my account and there actually was a loss of 16.27% during that Month.

I am quite interested to receive any evidence of the information that the promoters used in relation to the profits that were achieved, as this may be proof of fraud.



RedFlagMeister said:
I too am currently being woo-ed by a lady called Natalie Hall representing Commercial Securities. She wants $8800 from me up-front for a 3-year membership, and recommended I invest a minimum of $1,000 into my "fully managed trading acount", with a view to "top it up" when I could afford to.

I initially received a glossy brochure after a cold call, and then a follow-up call approx 1 week later. I had read the paperwork and formed a list of questions to ask in the next call. She smoothly rattled off answers to all the obvious questions (red flag #1) and promised to send me the most recent results, as I highlighted to her that the results in the brochure were nearly 12 months old (red flag #2).

I did ring the sole referee she gave me and (Maree) sounded smoother than Natalie herself!! (red flag #3)

She even offered to talk to my wife about the structure of their "investment process" if I thought it was necessary to "make her understand"!!

This was the final red flag (#4) for me, so I politely said I'd think about it, and will ring her back if I wanted to proceed. She insisted that she would follow-up in a few days as there were only 10 spots remaining in South Australia and "she didn't want such a lovely person to miss out"...

I then found this thread (thank you everyone) and have no intention of answering any more of her phone calls.

Since that last call I have had no less than 15 missed calls from a "private number". A brief message was left on a couple of occasions, something about "only 2 left in SA". I have also had 4 missed calls from a mobile number (0450 xxx 706) which I know are also from her as they have each occurred a few minutes after the attempted private number calls!! Derrr....

I'd love to trick them into thinking I was going to invest and string them along for a while, but I don't have the time or energy. It all just makes me mad. I think I will also contact ASIC and see if I can register a complaint.

BTW, the latest results they sent me were $6,570.00 PROFIT for Jan 2010, a $2,360.00 LOSS for Feb 2010 and a $2,330.00 PROFIT for March 2010 - all based on an opening balance of $10,000 each month..... sounds alright doesn't it ... if it were true....

The one thing I didn't go to the trouble of checking was whether or not all the horses listed in the glossy brochure, actually did run and win on the dates said ..... did anyone else?

Who is to know if they really selected them BEFORE the races anyhow ..... dodgy bunch of thieves ...
Click to expand...
 
I had been with them but they scammed me out of approx $8500, I had my suspicions before hand but decided to investigate the company quite far before I decided to do anything with them, and I still wasn't able find anything that would deem them as a scamming company, no forums were found etc. but did find on ASIC that they had their name changed at least five times in about 2 years, found that they had updated their company profile several times in a year, etc. I actually accused them of being a scam and they told me that they weren't and assured me, but I still wasn't quite convinced, but as I needed money I decided that 'what the heck' and went with them, now I'm out of pocket and still paying for my mistake! Got a loan from the bank to go for this investment. Now I'm at a lost and would like to see if there is a way to get my money back, but unfortunately I don't think this will be possible I have noticed on the ASIC site that the company has had a notification of Discharge at least 5 of these have been listed, as of the 8th month of last year (2010). So I'm quite certain that this will cannot be done.

Cheers.

On a side note: Has anyone heard of Secured Trading? I have recieved a couple of calls from a "trainee" called Courtney, but I have my previous experience with Commercial Securities FRESH in mind, so I'm not exactly game, also this company has offered a "finance" section, you pay a 'deposit' and they do the rest. Has anyone heard of them? Cheerio.
 
DSWXPC. Stay well clear of all of them. SECURED TRADING is an new name on the block. Same players. Theyr all $2 companies, not international companies as they claim.
PHOENIX TIPPING is one we have to smash. Our old nemisis, PAUL ELLIS, of COMMERCIAL SECURITIES fame. The MAREE referred to, is his live in girlfriend. She's a part of these scams and they both live the high life off their ill gotten gains.

Paul loves to read this forum, don't you Paul. How's the Whitsundays treating you. Bit of a move from your scam den in Tweed Heads. Wonder if Maries new employers, know she's tied up in your cons. May have to drop them an email. Then maybe they're involved. Won't be the first Realtors to be playing on the bad side.

PHOENIX TIPPING
SECURED TRADING
COMMERCIAL SECURITIES
QUEENSBURY INVESTMENTS
RED UNDERLINE
INVEST 434U
SURETRACK TECHNOLOGIES
FARREN HOTHAM
PAUL ELLIS
MARIE RICHARDSON

All names to be wary of. All thrive from ripping off Aussie Battlers.
In a word SCUM
 
Just at a thought as anyone heard of Australian Home Based Business?

I know now all too late about the scam the has been played by Commercial Securities, and am now considering telling Secured Trading to take a hike as well. Reasoning: They have 'promised' to call me at a 'designated' time/day and have not done so (I hate not being called back), sounded very interesting but not so sure now, I had been contacted by the above mentioned company (AHBB) and had found them to a SAFER as they allow you see them making money in front of you, but still not quite convinced! I think since CS has duped me, I'm not willing to trust any of these companies as much as I would like to anymore.

I have had enough of these guys trying to scam people, I'm looking at contacting the Australian Securities and Investments Commission (ASIC) regarding this matter, to see what I/they can do regarding this matter, I had been promised so much but have NOTHING to show, and YES zanne40 I am an Aussie Battler I earn very very little and was convinced this would help me increase my income to allow me to get a house and pay my bills, but now I have a bill that I didn't want! Oh well. I'll give them a ring and see how I go.

Cheerio.
 
Get wise Pal. As stated a few times in this forum. If it looks too good to be true then it probably is. These con artists, ain't racing experts, they are IT experts. They use their computer skills, to sell you a product that just ain't real. They also stay within the law, as it stands. Just. They show various places of business to impress and give credibility. In reality, they can operate from the lounge room or the toilet.

If you had the knowhow, you could create their flashy website and collect some cash, till things get a little hot, then change a few names, switch a few people around and be back in business. Con men and women, don't have any concience. They know they are scum. It just doesn't affect them.

HBBA comes up in ASIC as, Home Based Business Association and this mob that you mention, have a web page that looks like a beatup. They don't show an ABN. That may be because they don't have one. I may just send an email to HBBA. Let them take it up.

Accept that you ain't going to get rich with internet schemes. People do get rich. The one's taking your money. Just believe in Karma. What goes round. Comes round. Someone will lose it and POW! They will no longer need money. Nice thought, ain't it Paul?
 
UNLESS SOMEBODY WILL GIVE YOU A FREE TRIAL OF THERE SERVICE DON'T TOUCH IT WITH A BARGE POLE AND I MEAN A 30 DAY TRIAL "TRY BEFORE YOU BUY" AS IF IT SOUNDS TO GOOD TO BE TRUE NORMALLY IT IS THERE ARE A FEW OUT THERE WITH LIMITED MEMBERSHIP THAT ARE OK :banghead:



zanne40 said:
Get wise Pal. As stated a few times in this forum. If it looks too good to be true then it probably is. These con artists, ain't racing experts, they are IT experts. They use their computer skills, to sell you a product that just ain't real. They also stay within the law, as it stands. Just. They show various places of business to impress and give credibility. In reality, they can operate from the lounge room or the toilet.

If you had the knowhow, you could create their flashy website and collect some cash, till things get a little hot, then change a few names, switch a few people around and be back in business. Con men and women, don't have any concience. They know they are scum. It just doesn't affect them.

HBBA comes up in ASIC as, Home Based Business Association and this mob that you mention, have a web page that looks like a beatup. They don't show an ABN. That may be because they don't have one. I may just send an email to HBBA. Let them take it up.

Accept that you ain't going to get rich with internet schemes. People do get rich. The one's taking your money. Just believe in Karma. What goes round. Comes round. Someone will lose it and POW! They will no longer need money. Nice thought, ain't it Paul?
Click to expand...
 
This is the same Paul Ellis from Commercial Securities.
He now wishes to let everyone know that people are telling lies about him.
Maybe Paul, you and your female partner, should get real jobs and stop ripping off punters.
Changing company names doesn't get rid of the smell.

From Paul:
(Quote from Google)
I have 10 sites that have been removed through legal proceedings for deformation and they still remain on google Report abuse

security434u
Level 1
3/25/10
To help us find trends and for faster troubleshooting, please provide the following --

Site(s) URL:
Operating System (ex. Windows XP, Mac OSX):
Browser (ex. Firefox 3.5, IE 8):

Issue details:
I act for Robert Tidy and 434u Corporation (Australia) Pty Ltd.


Our client has instructed us that you have extensively published false, misleading, malicious and defamatory material across the internet at various sites (the Offending Material). In addition to being highly defamatory, the publication of the Offending Material constitutes the tort of Injurious Falsehood and is being undertaken with the sole intention of causing loss and damage to my clients. As you are well aware, the statements and publications contained in the Offending Material are utterly without basis in fact.


The publication of the Offending Material has already caused loss and damage to my client and related entities, and will continue to do so unless the offending material is immediately removed and deleted from all locations in which it is published and displayed. We are in the process of contacting all sources we are able to identify and strongly suggest that you take immediate and decisive action yourself to remove all instances of the Offending Material.


We require that you immediately undertake to remove all of the Offending Material and that you confirm by direct response when you have done so.


My client is taking this matter extremely seriously and will take all necessary steps to hold you accountable for the loss and damage that your conduct has caused and will continue to cause whilst the Offending Material is being published and displayed. We reserve our clients rights against you in all respects and will instruct lawyers in Virginia, USA to pursue you directly should we not receive a satisfactory response to this demand.




google = when scam 434u etc typed in still has there even though been deleted
http://scam434u.livejournal.com/
http://434uscam.blog.com/2010/03/05/434u_scam/#comments
http://forum.e46fanatics.com/showthread.php?p=11431168
http://scam434u.blogspot.com/
http://434uscam.blogspot.com/2010/01/434u-is-scam.html
http://434u.blog.com/
http://434u-scam.blogspot.com/2010/03/mr-434u-aka-bigdaddy-mr-rob-tidy-has.html
http://lawrenceconnor.wordpress.com/434uscam/
http://www.boardtracker.com/search/?q=434u
http://434u.wordpress.com/2010/03/

The above sites have all been approached by my legal team and have had the content removed, but when users google 434uscam the above URLs are still listed as headings without any content on them when clicked. This has cost me loss of business and earnings from investors when searching my company 434u.com. Please remove these listings immediately.

Kind regards

Mr Paul Ellis
Head of On-line Security
434u.com Corporation (Australia)Pty Ltd
http://www.434u.com/
Mobile: 0424 326 962
Skype: paul-ellis434u.com
 
Some interesting reading here:
http://http://scam434u.blogspot.com/

434U, the private social networking site that all these scammers seem to belong to, has been sold.
Reading the above link will show you why it has been snapped up.
Seems Paul Ellis is using people to aquire a fortune and live a life of luxury in the Whitsundays.

But he ain't retiring. He, presumably with other silent partners, has started
"NEW TRIBEZ", a similar setup, which is already pulling in advertising money and will make heaps more as he cons more people to join.

You've got to hand it to him. He knows how to use people to get rich.
Read the link. It's interesting.
 
Colonel Flagg said:
I received a call today following up, but when I said I thought it looked like a scam, she got all defensive and threatened to sue me !!!
Click to expand...

I guess he is trying a reverse psychology to you, he's defensive so that it will not be obvious that what he offer is really a scam. This people tries to fool others because there are some people who let them do that.
 
I post in hope this becomes a top google response.

The scum: ADVANCED TRADING STRATEGIES

see http://www.advancedtradingstrategies.com.au/

ACN is reported as 132 862 330

That ACN is registered to DBC CORPORATION PTY LTD

I have not been foolish enough to invest, but this is clearly another dodgy ponzi scheme. I got a fair few very poorly constructed documents out of them, one of which mentioned the KING OF BETTING website. So possibly linked to the others around here.

I would be very interested to hear if others have heard of this mob. I lodged an ASIC complaint but am not confident anything will be done.
 
It looks like this thread has gone dead, but maybe there are still some that end up here after a google search. Just an update on our Paul Ellis. It seems that the Phoenix Tipping site has expired on Jan 3 and has not been renewed. This thread would have to take a bow for that. This is how we got the word out there and probably saved a lot of people, a lot of money.

But people like Paul, don't disappear. He will be back out there, trying to push another scam. His kind don't believe in the "honest days work". He ripped me off for $18000, so I have personal reasons to pursue him.
When I find his latest scam, I will post it here. Any of the original posters that find anything, please post it. Can't let him think we have lost interest in his exploits.

I would put money on Paul checking here regularly, to see if there are any more posts. Only I wouldn't put money on with him. So Paul, some of the guys have moved on. I'm still on your case.:)
 
Re: Commercial Securities,Paul Ellis

Paul Ellis is still in the Witsundays, trying to flog off his new Social Networking site. It seems he has married his former partner in crime, Marie Richardson, now referred to as , Marie Ellis. She is one of the 4 members. Plus Paul and 2 others, so it doesn't appear to be taking off.

Its called "NEWTRIBEZ". Apart from the advertising, I don't know what his angle is. I'll keep digging though. He has to have another scam going. It's how he lives the good life. :D
 
I'm still here, only checking every month or so. Have been wondering what happened to farren hotham & his racing and sports punters club thingy & if Shane dye was really involved:confused:. Everyone that has posted in the past has done a great job & as Zanne40 has said we have all saved someone else from being scammed by the likes of Paul Ellis & his new bride (which their parents must be so proud of them). Keep up the good work Zanne40 & i cannot wait for the day that I cross paths with Mr Ellis:cool:
 
For those still interested, Our friend Paul Ellis, was trying to raise sponsors, to the tune of $50000, to run a supposed Music festival at the Whitsundays, in Sept. I am happy to report that at closing, he had $25 in pledges, from 2 people, I assume where friends.
So I guess the show won't ever happen. Just as well. He advertised that Barnsie was already signed up. Strangely Barnsies manager knew nothing about it.
I guess Pauls running out of options and may have to get a real job.

By the way. I did link his website to this forum
http://www.pozible.com/index.php/archive/index/4656/description/0/0
 
This thread has gone a bit dead and is a few years old but if anyone is searching or comes across it here is some new details

Oxford data services pty ltd. same scam with the horse betting. Through asic we see that the director is one andrew crinis. What is interesting that when doing some behind the scenes searching we find that a travis burch is the web host of the oxford data service scam page. Now when you search Travis Burch you find that he is connected to an investigate a scam page called phoenix global. Ring any bells?? Phoneix tipping above. When you call you get through to a Zoei Keong. Again listed above in relation to this scam. And of course the email contact is the one and only Michael Featherstone, mick.

They are all one and the same and all in it together. Youd be shocked to see what we have dug up tonight!
 
If everyone keeps getting cold calls (from any past, present or future) potential scam just keep saying that the brochure hasn't arrived. When they say that they sent out another and call a week later, 'it must of got lost in the mail' - see how long you can piss them off for I suppose.
After that, go to every cooking, car and what not magazine and brochures and sign up there name and business address so eventually they're getting random content everyday and filling the mailbox up with useless magazines.
 
DJG said:
After that, go to every cooking, car and what not magazine and brochures and sign up there name and business address so eventually they're getting random content everyday and filling the mailbox up with useless magazines.
Click to expand...

I quite like this idea. Give them some of their owncrap back.
 
Concernedgf said:
Oxford data services pty ltd. same scam with the horse betting.
They are all one and the same and all in it together. Youd be shocked to see what we have dug up tonight!
Click to expand...

This thread has been a somewhat dead for a while. It seems to be the same people behind all these ripoffs. They just keep using new faces up front. Well at least new names. The authorities don't seem to be too interested in them, because they are gambling schemes.

This forum can have some power though, as we saw when Farram Hotham tried to get it up when we killed off Paul Ellis. I was trying to keep it going, so that it had prominance on Google, when people were looking for info. I'll never see my money again, so I figure, I've paid for the right pursue this scum.

Keep posting names, so that Google picks up on them when others are searching for info.
 
Concernedgf said:
Now when you search Travis Burch you find that he is connected to an investigate a scam page called phoenix global.
Click to expand...

Just had a look at Phoenix Global. Why am I not surprised, that the head office, is just a house in the suburbs. No business advertising outside. High fence right around, which suggests no shopfront. Just phones and computers.

Anything that has roots on the Gold Coast, would have to be immediately suspect. It's like a magnet for scum.
 
This list of arbitrage scams, aquired from a scam site.

* Kirkberry Pty Ltd http://www.kirkberry.com.au
* Draven Group http://www.dravengroup.com
* SportsSureWin http://sportsurewin.blogspot.com/
* ArbitrageUnion http://arbitrageunion.blogspot.com/
* ProActivtrader http://proactivtrader.co.uk
* STS http://proactivtrader.com/
* GoldNuggetInvest http://goldnuggetinvest.com
[GNI has now defaulted on clients funds]

* There is now an outfit calling themselves NewGNI
- same scam, probably the same people running it! http://newgni.com

* DT Platform http://dtplatform.com
* MGM Sports http://mgmsports.net.au/
* GSI Global Sports Investment http://globalinvest.com.au/
* Global Success Trader http://globalsuccesstrader.com.au/
* XFT Sniper http://www.xft-sniper.com/
* Baranstone http://www.baranstone.com and http://www.baranstone.co.uk
* TradeSmart Technologies http://www.tradesmarttechnologies.com
* Global Arbtraders http://www.globalarbtraders.com
* WTS http://www.wtsystems.com.au or http://www.wtsinvestments.com.au
* Rhodes Peninsular Investments http://www.rhodespi.com.au
* Oz Future http://www.ozfuture.com.au
* Spectre Trading http://www.spectretrading.com.au
* Spectre holdings http://spectreholdings.com.au
* Blue Point Trading http://bluepointtrading.com.au
* Cohen Strachan Investments CSI http://www.csiarbitrage.com.au
* AusSoft http://www.aussoft.net.au
* Globalsoft http://www.globalsofttechnologies.com
* Reevera http://www.reevera.com.au
* St Gallens Investments http://www.stgallens.com.au
* Suncity Equities and Investments http://www.suncityei.com
* Forbes International Trading http://www.forbestrading.com
* Pro arb Traders http://proarbtraders.net
* AFL Arbs http://www.aflarbs.com
* Standford & Associates http://standfordassociates.com
* Kinsealy Software http://www.kinsealy.com
* 247-Web.com http://www.247-web.com
* Sort Traders http://www.sorttraders.com
* X Software Solutions http://www.xsoftwaresolutions.com
* Profit From Differences http://www.profitfromdifferences.com
* Morgan Kemp http://www.morgankemp.com.au/
 
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