rott
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Post by rott on Mar 21, 2021 0:46:51 GMT 7
Asking for a friend (yes I've actually got two). He had done some bitcoin buys and then put them and cash with this company and now there's nothing coming back.
Anybody know anything about them.?
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AyG
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Post by AyG on Mar 21, 2021 6:33:47 GMT 7
Never heard of them. However, TrustPilot has a few reviews www.trustpilot.com/review/investlite.comIt's also worth mentioning that they are a Belize company, which isn't top of my list of countries with good financial regulators. I hope your friend hasn't lost too much money.
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AyG
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Post by AyG on Mar 21, 2021 6:45:15 GMT 7
The company is operated by Bayline Global World. They have another, very similar, operation, ITrader which definitely does appear to be a scam: www.moneybackhero.com/itrader-review/"On June 2nd, 2020 the Cyprus Securities and Exchange Commission suspended the license of Hoch Capital LTD. the owner of ITrader. Therefor ITrader is not a regulated broker." scamnewschannel.com/itrader-review/
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rott
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Post by rott on Mar 21, 2021 10:05:53 GMT 7
Thanks AyG, yes I have seen that. I can't understand how he got involved he's not the easiest person to get to part with money. He is/was under the impression that they are a big, solid operation but almost the first comment I saw when I looked them up was "scam". All is not yet lost, it could just be a hiccup. Could be.
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AyG
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Post by AyG on Mar 21, 2021 11:38:41 GMT 7
I would suggest to him that there's a fair bit of evidence that it's a scam operation, and he should try to withdraw his money/crypto a.s.a.p. and place it with a reputable broker. I suspect that he may well have difficulties.
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rott
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Post by rott on Mar 25, 2021 12:40:20 GMT 7
All is not yet lost though it seems as though it will end that way. They blame the problem on his low account balance and one suggestion has been that he re-mortgage his home to top the balance up. (not that he was aware of any minimum balance requirement.)
Enough, this outfit in particular and Belize in general are places for small investors to steer well clear of.
I'll only post on the matter again if there is a conclusion.
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AyG
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Post by AyG on Mar 25, 2021 15:26:04 GMT 7
"one suggestion has been that he re-mortgage his home to top the balance up"
Please, please tell me he's not stupid enough to do that.
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rott
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Post by rott on Mar 25, 2021 20:03:03 GMT 7
No, it just illustrates the type of people you are dealing with here. To suggest that while you are not releasing the funds you already holding.......... They also wanted him to take the money from his wife's bank accounts and send that.
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Post by rgs2001uk on Mar 25, 2021 21:03:38 GMT 7
Jesus h effin christ.
I see alarm bells going off as soon as I hear certain countries mentioned, if the place hasnt got a bricks and mortar office I can walk into, I aint interested.
No doubt the rabid facist rabbi from elsewhere will be on my back.
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Post by rgs2001uk on Mar 25, 2021 21:11:36 GMT 7
FWIW, I got effed around for almost 2 months trying to get money out of NS&I, send copies of this, send copies of that, blah blah effin blah.
I am going throught the same thing right now, a simple transfer of money from on UK company to another, here we are a week later, and no <c**t> can tell me where my money is.
I have just fired off a rocket to my stockbroker and told him to get his finger out his ass and get off his comfy chair and chase it up.
Eff me, I can go into a bank in Pattaya, transfer 10000 baht to my Krungsri account in Bkk, before I even leave the counter, my phone pings off with an sms message, funds transferred.
Too long in exile, too used to a different type of service.
If old matey boy stockbroker doesnt come back to me with a satisfactory answer or explanation tonight, the account will be closed, and he has been told this, for the rip off prices I am paying I expect a better service.
Maybe the mrs is right, just keep the money in a box under the bed.
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Post by rgs2001uk on Mar 25, 2021 21:35:44 GMT 7
From the links kindly provided by AyG,
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rott
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Post by rott on Mar 25, 2021 22:55:09 GMT 7
The sales people are known as account managers. There are better names.
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rott
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Post by rott on Mar 25, 2021 22:59:49 GMT 7
I am still trying to place the rabid fascist rabbi. Thought this was a progressive site.
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Post by rgs2001uk on Mar 26, 2021 21:09:10 GMT 7
The sales people are known as account managers. There are better names. the twats I have to deal with are called, Customer Service Team, theres a effin oxymoron if ever I heard one.
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Post by rgs2001uk on Mar 26, 2021 21:11:42 GMT 7
I am still trying to place the rabid fascist rabbi. Thought this was a progressive site. Heres some nice progressive dancing rabbis, some would label them as not proper yids, I am more progressive than that, "the English are here", hilarious.
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