Investment companies exist on the Gold Coast, selling sports prediction software that promises impressive returns.
We did some digging into one Varsity Lakes company- Chamberlain, Baker and Partners and asked the questions all potential investors should be asking, before handing over money.
We’re not claiming they’re fraudulent… But, as we found out, getting information on this company is a frustrating process.
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Thanks, i was sent a glossy last week with a call today, yip, theyre scammers alright, ” really important to do this asap as we have very limited places left… blah blah.””
Yes – a couple of phone calls, the glossy in the mail and exhortation to get in quick as the price of the software had increased by $3000 but I could get it for the old price of $14700 if I was quick. They are quite persuasive on the phone but when I said the returns sounded too good to be true, they were insistent it was all accurate. ASIC should be right on top of these people.