Commercial Securities

[Ron Burgundy]

Guys,

Have a look at this. A good mate, who is in the financial planning game, had a client approach him saying he received a phone call from a company called Commercial Securities (http://www.commercialsecurities.com.au), pushing the client to invest $10Kfor a "licence" and not revealing much about the "investment".

Have any of you heard of this mob? From what i can read, they try promote it as a investment and it is set up carefully. They are legitimately set up but dont have a AFSL licence. It appears as though they are simply gambling on the Horses. There results are impressive but once again, who knows if they are actual bets.

Thoughts?

[Ecky]

I only looked at their home page for 10 seconds but that was enough to convince me it is a complete scam. Every cliche in the book!!!

[Dutchy]

No AFSL Licence gives it away also

[dodgingandweaving]

Do ya reckon Grub has set one of these up yet?

[Mr Beefy]

Looks just like my punters club but with bigger numbers...

[mal]

Another system that worked with 18 months of results
Once again why sell it for thousands when they can be making millions themselves
Did we all see the starting bank and the size of the bets

[bayman]

as ecky said a complete scam that makes those nigerian emails look valid which off course they are not