Caution Investors GBI Capital Group – This entity is likely to be offering financial services to Australian consumers. It does not hold an Australian financial services licence or Australian credit licence from ASIC, and is not authorised by a licensee

Overview of GBI Capital Group

GBI Capital Group is a financial services provider that claims to offer trading and investment opportunities in various markets, such as forex, commodities, indices, stocks, and cryptocurrencies. The company claims to have a global presence, with offices in Australia, New Zealand, Singapore, Hong Kong, and the UK. The company also claims to have a team of experienced professionals, advanced technology, and competitive pricing.

However, the Australian Securities and Investments Commission (ASIC) has recently issued a warning against GBI Capital Group, stating that the company is not registered or licensed to provide financial services in Australia. ASIC also stated that the company may be involved in a scam, as it has been using false or misleading information to solicit customers. ASIC advised investors to avoid dealing with GBI Capital Group and to report any suspicious activity to them.

Regulation and Compliance of GBI Capital Group

According to the ASIC warning, GBI Capital Group is not regulated or authorized by any reputable financial authority. The company does not have an Australian Financial Services Licence (AFSL) or an Australian Credit Licence (ACL), which are required for providing financial services in Australia. The company also does not have a New Zealand Financial Service Providers Register (FSPR) number, which is required for providing financial services in New Zealand.

Furthermore, the company does not comply with the reporting requirements of the securities and derivatives markets. The company does not provide any information on its legal status, ownership structure, financial statements, risk disclosures, or dispute resolution mechanisms. The company also does not adhere to the anti-money laundering and counter-terrorism financing (AML/CTF) rules or the client money protection rules.

Customer Reviews of GBI Capital Group

The customer reviews of GBI Capital Group are mostly negative and alarming. Many customers have reported that they have been scammed by the company and have lost their money. Some of the common complaints are:

– The company uses high-pressure sales tactics and false promises to lure customers into depositing money.

– The company does not allow customers to withdraw their money or close their accounts.

– The company charges hidden fees and commissions that are not disclosed upfront.

– The company manipulates the trading platform and the market prices to make customers lose money.

– The company ignores or blocks customer inquiries and complaints.

Products and Services Offered By GBI Capital Group

GBI Capital Group claims to offer a variety of products and services for trading and investing in different markets. Some of the products and services are:

– A web-based trading platform that supports multiple languages and devices.

– A range of trading instruments, such as forex pairs, commodities, indices, stocks, and cryptocurrencies.

– A selection of account types, such as standard, premium, VIP, and Islamic accounts.

– A variety of payment methods, such as credit cards, debit cards, wire transfers, e-wallets, and cryptocurrencies.

– A range of educational resources, such as webinars, videos, articles, and e-books.

– A range of trading tools, such as market news, analysis, signals, charts, and indicators.

However, these products and services are not verified or endorsed by any reputable authority. The quality and reliability of these products and services are questionable and may be fraudulent.

Location of GBI Capital Group

GBI Capital Group claims to have a global presence with offices in several countries. However, these claims are not substantiated by any evidence. The company does not provide any physical addresses or phone numbers for its offices. The company only provides an email address and a live chat option for contacting them.

Moreover, the location of the company’s headquarters is unclear. The company’s website domain is registered in Panama, which is a notorious offshore jurisdiction for shady businesses. The company’s terms and conditions state that the governing law is the law of Saint Vincent and the Grenadines, which is another offshore jurisdiction with lax regulation. The company’s privacy policy states that the personal data of customers may be transferred to third parties in other countries, which may pose a risk to their privacy and security.

Customer Service Provided By GBI Capital Group

GBI Capital Group claims to provide 24/7 customer service via email and live chat. However,

the customer service provided by the company is poor and unprofessional. Many customers have reported that they have been unable to reach the customer service representatives or get any satisfactory answers from them. Some customers have also reported that they have been harassed or threatened by the customer service representatives when they tried to withdraw their money or close their accounts.

Defensive Measures Against Fraudulent Brokers

GBI Capital Group is a typical example of a fraudulent broker that operates in the online trading industry. The company uses deceptive and illegal practices to scam unsuspecting customers and steal their money. To avoid falling victim to such scams, investors should take the following defensive measures:

– Do not trust any unsolicited offers or promises that sound too good to be true.

– Do not provide any personal or financial information to unknown or unverified entities.

– Do not deposit any money with unregulated or unauthorized brokers.

– Do research on the background and reputation of any broker before dealing with them.

– Check the official websites of the relevant financial authorities for any warnings or alerts against any broker.

– Report any suspicious or fraudulent activity to the appropriate authorities.

Conclusion

GBI Capital Group is a scam broker that should be avoided at all costs. The company is not regulated or licensed by any reputable authority and does not comply with the reporting requirements of the securities and derivatives markets. The company uses false or misleading information to solicit customers and does not provide any transparency or accountability for its operations. The company does not offer any quality or reliable products or services and does not provide any customer service or support. The company manipulates the trading platform and the market prices to make customers lose money and does not allow them to withdraw their money or close their accounts. The company is likely to disappear with the customers’ money and leave them with no recourse.

Investors should be aware of the risks and dangers of dealing with such fraudulent brokers and take the necessary defensive measures to protect themselves and their money.

Caution Investors Phoenixcpartners.com – This entity is likely to be offering financial services to Australian consumers. It does not hold an Australian financial services licence or Australian credit licence from ASIC, and is not authorised by a licensee

Overview of phoenixcpartners.com

Phoenixcpartners.com is a website that claims to be a private equity group that partners with founders, founding families, and management to grow their businesses. The website states that it has invested in various sectors such as healthcare, technology, consumer goods, industrial services, and financial services. The website also claims to have offices in London, New York, Hong Kong, and Sydney.

Regulation and Compliance of phoenixcpartners.com

However, according to the ASIC, phoenixcpartners.com is not registered or licensed to provide financial services in Australia. The ASIC warns that phoenixcpartners.com may be involved in a scam or fraud and advises investors to avoid dealing with this website. The ASIC also states that This entity is likely to be offering financial services to Australian consumers. It does not hold an Australian financial services licence or Australian credit licence from ASIC, and is not authorised by a licensee. The ASIC urges anyone who has been contacted by phoenixcpartners.com or has invested money with this website to report it to the ASIC.

Customer Reviews of phoenixcpartners.com

There are very few customer reviews of phoenixcpartners.com available online. The few reviews that exist are mostly negative and indicate that phoenixcpartners.com is a scam or a fake website. Some customers have reported that they have lost money or have been unable to withdraw their funds from phoenixcpartners.com. Others have complained that the website is unresponsive, unprofessional, or misleading. There are no positive or credible testimonials or endorsements of phoenixcpartners.com from any reputable sources.

Products and Services Offered By phoenixcpartners.com

Phoenixcpartners.com claims to offer various products and services related to private equity, such as:

– Equity capital for growth, acquisitions, recapitalizations, or buyouts

– Debt financing for working capital, refinancing, or restructuring

– Advisory services for mergers and acquisitions, divestitures, valuations, due diligence, or strategic planning

– Portfolio management for monitoring, reporting, governance, or exit strategies

However, these products and services are not verified or regulated by any authority and may not exist at all. Phoenixcpartners.com may use these products and services as a pretext to solicit money from unsuspecting investors or businesses.

Location of phoenixcpartners.com

Phoenixcpartners.com claims to have offices in London, New York, Hong Kong, and Sydney. However, there is no evidence that these offices exist or are operational. The website does not provide any physical addresses, phone numbers, email addresses, or names of any staff members for these offices. The website also does not have any social media presence or online visibility. The domain name phoenixcpartners.com was registered in September 2021 by a company called NameCheap Inc., which is known for providing cheap and anonymous domain registration services.

Customer Service Provided By phoenixcpartners.com

Phoenixcpartners.com does not provide any reliable or satisfactory customer service to its clients or potential clients. The website only provides a contact form and a generic email address ([email protected]) for inquiries or feedback. However, many customers have reported that they have not received any response or communication from phoenixcpartners.com after filling out the contact form or sending an email. The website also does not have any live chat, phone support, FAQ section, or help center.

Defensive Measures Against Fraudulent Brokers

The ASIC advises investors and businesses to take the following defensive measures against fraudulent brokers such as phoenixcpartners.com:

– Check the ASIC’s registers to see if the entity is registered or licensed to provide financial services in Australia

– Check the ASIC’s list of unlicensed overseas entities that target Australian investors

– Check the ASIC’s MoneySmart website for tips on how to avoid scams and frauds

– Do your own research and due diligence before investing with any entity

– Be wary of unsolicited offers or requests for money

– Be cautious of high-pressure sales tactics or unrealistic returns

– Never send money or personal information to anyone you don’t know or trust

Conclusion

Phoenixcpartners.com is a website that claims to offer private equity services to businesses and investors. However, the ASIC has issued a warning This entity is likely to be offering financial services to Australian consumers. It does not hold an Australian financial services licence or Australian credit licence from ASIC, and is not authorised by a licensee. Phoenixcpartners.com is not regulated or licensed by the ASIC and may be involved in a scam or fraud. Phoenixcpartners.com does not provide any credible or verifiable information about its products and services, location, customer service, or customer reviews. Phoenixcpartners.com may use these products and services as a pretext to solicit money from unsuspecting investors or businesses. The ASIC urges anyone who has been contacted by phoenixcpartners.com or has invested money with this website to report it to the ASIC. Investors and businesses should also take defensive measures against fraudulent brokers such as phoenixcpartners.com by checking the ASIC’s registers and lists, doing their own research and due diligence, and being wary of unsolicited offers or requests for money.

Caution Investors BeGlobalFund – Regarding registration of issuance, offer or sale of securities/derivatives, and reporting requirements

Overview of BeGlobalFund:

BeGlobalFund is a company that claims to offer online trading services in various financial markets, such as forex, stocks, commodities, indices, and cryptocurrencies. The company claims to have over 10 years of experience in the industry and to provide advanced trading platforms, competitive spreads, fast execution, and professional support.

Regulation and Compliance of BeGlobalFund:

However, according to a recent warning issued by the Alberta Securities Commission (ASC), BeGlobalFund is not registered to trade in or advise on securities or derivatives in Alberta. The ASC also stated that BeGlobalFund has not filed any prospectus or exempt distribution reports with the ASC, which are required for any issuance, offer, or sale of securities or derivatives in Alberta. The ASC advised investors to exercise caution when dealing with BeGlobalFund and to check the registration status of any person or company offering investment opportunities.

Customer Reviews of BeGlobalFund:

A quick search on the internet reveals that BeGlobalFund has received many negative reviews from customers who have complained about various issues, such as difficulty in withdrawing funds, poor customer service, hidden fees, false promises, and manipulation of prices. Some customers have even reported that BeGlobalFund is a scam and that they have lost their money to the company.

Products and Services Offered By BeGlobalFund:

BeGlobalFund claims to offer a variety of products and services to its customers, such as:

– Four types of trading accounts: Basic, Silver, Gold, and Platinum

– A web-based trading platform that supports multiple languages and devices

– A mobile app that allows trading on the go

– A demo account that allows practicing trading with virtual funds

– A range of educational resources, such as webinars, videos, articles, and ebooks

– A dedicated account manager and 24/7 customer support

However, these products and services may not be as good as they seem. For example, the web-based trading platform may not have all the features and tools that a professional trader needs, such as technical indicators, charting tools, and market news. The mobile app may not be compatible with all devices and operating systems. The demo account may not reflect the real market conditions and trading environment. The educational resources may not be updated and relevant. The account manager and customer support may not be responsive and helpful.

Location of BeGlobalFund:

BeGlobalFund claims to be located at 20-22 Wenlock Road London N1 7GU United Kingdom. However, this address may not be accurate or legitimate. According to the UK Companies House website, there is no company registered under the name of BeGlobalFund at this address. Moreover, this address is known to be used by many other companies that have been flagged as scams or unregulated brokers by various authorities.

Customer Service Provided By BeGlobalFund:

BeGlobalFund claims to provide 24/7 customer service via phone, email, live chat, and contact form. However, many customers have reported that they have experienced poor customer service from BeGlobalFund. Some of the common complaints are:

– Long waiting times and delays in getting a response

– Unprofessional and rude attitude from the representatives

– Lack of knowledge and expertise on the products and services

– Refusal to process withdrawal requests or provide refunds

– Pressure to deposit more money or upgrade to higher accounts

– Threats and harassment if customers try to complain or leave negative reviews

Defensive Measures Against Fraudulent Brokers:

If you are considering investing with BeGlobalFund or any other online broker, you should take some defensive measures to protect yourself from potential frauds or scams. Some of the steps you can take are:

– Do your research on the broker’s background, reputation, regulation, registration, products, services, fees, etc.

– Check the broker’s website for any red flags, such as spelling errors, grammatical mistakes, unrealistic claims, fake testimonials, etc.

– Verify the broker’s address and contact details with official sources

– Avoid brokers that offer too-good-to-be-true deals or bonuses

– Read the terms and conditions carefully before signing up or making any transactions

– Use only secure payment methods and avoid sharing your personal or financial information with anyone

– Keep records of all your communications and transactions with the broker

– Report any suspicious or fraudulent activities to the relevant authorities

Conclusion:

Based on the information above, it is clear that BeGlobalFund is not a trustworthy or reliable broker. The company is not regulated or registered in Alberta or any other jurisdiction. The company has not complied with the reporting requirements for securities or derivatives. The company has received many negative reviews and complaints from customers. The company’s products and services are not as good as they claim. The company’s location and customer service are questionable. Therefore, we advise you to stay away from BeGlobalFund and look for other reputable and regulated brokers that can offer you a safe and secure trading experience.

Caution Investors Sadex Group – Regarding registration of issuance, offer or sale of securities/derivatives, and reporting requirements

Overview of Sadex Group:

Sadex Group is a company that claims to provide online trading platforms, investment management, financial education, and other services related to securities and derivatives. The company operates through its website, www.sadexgroup.com, and claims to have offices in Canada, the UK, and Australia.

Regulation and Compliance of Sadex Group:

According to the ASC, Sadex Group is not registered or authorized to engage in the business of trading in securities or derivatives, or advising on securities or derivatives, in Alberta. The ASC also warns that Sadex Group may be involved in fraudulent or illegal activities, such as soliciting investors through cold calls, emails, or social media, offering unrealistic returns or guarantees, or using high-pressure sales tactics.

Customer Reviews of Sadex Group:

A quick search on the internet reveals that Sadex Group has received many negative reviews and complaints from customers who claim to have lost money or been scammed by the company. Some of the common issues reported by customers include:

– Difficulty in withdrawing funds or closing accounts

– Unauthorized charges or fees

– Poor customer service or communication

– False or misleading information

– Manipulation or coercion

Products and Services Offered By Sadex Group:

Sadex Group claims to offer a variety of financial products and services, such as:

– Forex trading

– Cryptocurrency trading

– Stocks and indices trading

– Commodities and futures trading

– Binary options trading

– Investment plans and portfolios

– Financial education and training

However, the ASC warns that these products and services may not be legitimate or regulated, and may expose investors to significant risks and losses.

Location of Sadex Group:

Sadex Group claims to have offices in Canada, the UK, and Australia. However, the ASC advises investors to verify the physical address and contact details of any company they deal with, as some fraudulent companies may use fake or misleading information to appear credible or reputable.

Customer Service Provided By Sadex Group:

Sadex Group claims to have a dedicated customer service team that is available 24/7 via phone, email, live chat, or social media. However, many customers have reported that they have experienced poor or nonexistent customer service from Sadex Group, such as:

– Long wait times or no response

– Unprofessional or rude staff

– Lack of knowledge or expertise

– Unwillingness or inability to resolve issues or complaints

Defensive Measures Against Fraudulent Brokers:

The ASC advises investors to take the following steps to protect themselves from fraudulent brokers like Sadex Group:

– Check the registration and background of any company or individual offering securities or derivatives products or services in Alberta. You can use the National Registration Search tool at www.aretheyregistered.ca.

– Do your own research and due diligence before investing. You can use the ASC’s Investor Tools and Resources at www.albertasecurities.com.

– Be wary of unsolicited offers or promises of high returns or guarantees. Remember that if something sounds too good to be true, it probably is.

– Avoid giving out personal or financial information over the phone, email, or social media. Never send money to someone you don’t know or trust.

– Report any suspicious or fraudulent activity to the ASC at 1-877-355-4488 or [email protected].

Conclusion:

Sadex Group is a company that claims to offer various financial products and services related to securities and derivatives. However, the ASC has issued a warning to investors about Sadex Group, as the company is not registered or authorized to operate in Alberta. The ASC also warns that Sadex Group may be involved in fraudulent or illegal activities that could result in significant losses for investors. Therefore, investors should exercise caution and do their due diligence before dealing with Sadex Group.

Caution Investors OneFxGroup – Regarding market intermediaries (investment and trading advisers, collective investment schemes, brokers, dealers, and transfer agents)

Overview of OneFxGroup:

OneFxGroup is a forex and CFD broker that offers trading on various assets, such as currencies, commodities, indices, stocks, and cryptocurrencies. The broker claims to have offices in London, New York, Hong Kong, and Dubai, and to provide advanced trading platforms, competitive spreads, fast execution, and professional customer support. However, there is no evidence to verify these claims or to confirm the identity and location of the broker.

Regulation and Compliance of OneFxGroup:

OneFxGroup is not regulated or authorized by any reputable financial regulator. In fact, several regulatory authorities have issued warnings against this broker for operating without proper registration and authorization. These include:

– The Autorité des marchés financiers (AMF) of France, which warned that OneFxGroup is not authorized to provide investment services or to solicit investors in France.

– The Australian Securities and Investments Commission (ASIC), which warned that OneFxGroup is not licensed or registered to offer financial services in Australia.

– The British Columbia Securities Commission (BCSC) of Canada, which warned that OneFxGroup is not registered to trade in, or advise on, securities or derivatives in British Columbia.

These warnings indicate that OneFxGroup is operating illegally and may be involved in fraudulent or scam activities. Trading with an unregulated broker exposes traders to various risks, such as losing their money, having their personal information compromised, or being unable to withdraw their funds.

Customer Reviews of OneFxGroup:

OneFxGroup has received mostly negative reviews from customers who have traded with this broker. Many customers have complained about the following issues:

– The broker uses aggressive marketing tactics and pressure tactics to persuade customers to deposit more money or to open more trades.

– The broker does not allow customers to withdraw their money or charges high fees and commissions for withdrawals.

– The broker manipulates the prices and spreads of the assets to make customers lose their trades or to prevent them from closing their positions.

– The broker does not respond to customer inquiries or complaints or provides false or misleading information.

These reviews suggest that OneFxGroup is not a trustworthy or reliable broker and that customers should avoid trading with this broker.

Products and Services Offered By OneFxGroup:

OneFxGroup offers trading on various assets, such as currencies, commodities, indices, stocks, and cryptocurrencies. The broker claims to provide the following products and services:

– MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are popular and widely used trading platforms that offer various features and tools for traders.

– WebTrader platform, which is a web-based trading platform that does not require any download or installation and can be accessed from any device.

– MobileTrader app, which is a mobile trading app that allows traders to trade on the go from their smartphones or tablets.

– Education center, which provides various learning materials and resources for traders, such as articles, videos, webinars, ebooks, and courses.

– Account types, which include four different account types with different features and benefits for traders: Standard Account ($250 minimum deposit), Gold Account ($5,000 minimum deposit), Platinum Account ($20,000 minimum deposit), and VIP Account ($50,000 minimum deposit).

However, there is no guarantee that these products and services are genuine or of high quality. Moreover, there is no information about the trading conditions or fees that the broker charges for these products and services.

Location of OneFxGroup:

OneFxGroup claims to have offices in London, New York, Hong Kong, and Dubai. However, there is no evidence to verify these claims or to confirm the physical address of these offices. Moreover, the broker does not provide any phone number or email address for contacting these offices. The only contact information that the broker provides is a web form on its website.

This lack of transparency and accountability raises doubts about the legitimacy and credibility of the broker. It also makes it difficult for customers to reach out to the broker in case of any issues or disputes.

Customer Service Provided By OneFxGroup:

OneFxGroup claims to provide professional customer support 24/7 via phone, email, live chat, and social media. However, many customers have reported that the customer service provided by this broker is poor or nonexistent. Some of the common complaints are:

– The customer service representatives are rude, unprofessional, or unhelpful.

– The customer service representatives do not answer the phone calls or emails or respond with delays or automated messages.

– The customer service representatives do not resolve the issues or complaints of the customers or provide false or misleading information.

– The customer service representatives try to persuade the customers to deposit more money or to open more trades.

These complaints indicate that the customer service provided by OneFxGroup is not satisfactory or reliable and that customers should not expect any assistance or support from this broker.

Defensive Measures Against Fraudulent Brokers:

OneFxGroup is a forex and CFD broker that has been flagged by several regulatory authorities for operating without proper registration and authorization. Trading with this broker exposes traders to various risks, such as losing their money, having their personal information compromised, or being unable to withdraw their funds. Therefore, traders should avoid trading with this broker and take the following defensive measures against fraudulent brokers:

– Check the regulatory status of the broker and verify that it is licensed and authorized by a reputable financial regulator in your jurisdiction.

– Check the reputation and reviews of the broker and see what other customers have to say about their experience and satisfaction with the broker.

– Check the terms and conditions of the broker and see what fees, commissions, spreads, and other charges the broker applies for its products and services.

– Check the security and privacy of the broker and see what measures the broker takes to protect your money and personal information from hackers and scammers.

– Check the withdrawal policy of the broker and see what options, methods, and timeframes the broker offers for withdrawing your money from your account.

– Check the customer service of the broker and see how responsive, helpful, and professional the broker is in answering your questions and resolving your issues.

Conclusion:

OneFxGroup is a forex and CFD broker that has been flagged by AMF, ASIC, and BCSC for operating without proper registration and authorization. The broker claims to offer trading on various assets, such as currencies, commodities, indices, stocks, and cryptocurrencies, and to provide advanced trading platforms, competitive spreads, fast execution, and professional customer support. However, there is no evidence to verify these claims or to confirm the identity and location of the broker. Moreover, many customers have complained about the poor or nonexistent customer service, the difficulty or impossibility of withdrawing their money, and the manipulation or fraud of the broker. Therefore, we do not recommend trading with this broker and advise traders to take defensive measures against fraudulent brokers.

Caution Investors TLC Investments – Regarding registration of issuance, offer or sale of securities/derivatives, and reporting requirements

Overview of Regulation and Compliance of TLC Investments

TLC Investments is a company that claims to offer investment products such as stocks, bonds, commodities, forex, cryptocurrencies, and binary options. However, the ASC has warned that TLC Investments is not registered to trade in or advise on securities or derivatives in Alberta. The ASC also stated that TLC Investments has not filed any reports or disclosures with the regulator and that it may be involved in fraudulent or illegal activities.

The ASC advised investors to exercise caution when dealing with TLC Investments, and to check the registration status of any person or company offering securities or derivatives using the National Registration Search tool on the Canadian Securities Administrators website. The ASC also urged investors to report any suspicious activities involving TLC Investments to the ASC Public Inquiries Office.

Customer Reviews of TLC Investments

A quick online search reveals that TLC Investments has received many negative reviews from customers who claim to have lost money or been scammed by the company. Some of the common complaints include:

– TLC Investments uses high-pressure sales tactics and promises unrealistic returns

– TLC Investments charges hidden fees and commissions that are not disclosed upfront

– TLC Investments does not provide any proof of transactions or statements

– TLC Investments does not allow customers to withdraw their funds or close their accounts

– TLC Investments does not respond to customer inquiries or complaints

– TLC Investments uses fake testimonials and endorsements from celebrities or experts

Products and Services Offered By TLC Investments

TLC Investments claims to offer a variety of investment products, such as:

– Stocks: Shares of companies that trade on stock exchanges

– Bonds: Debt securities that pay interest and principal at maturity

– Commodities: Physical goods such as gold, oil, wheat, etc.

– Forex: Foreign exchange trading of currencies

– Cryptocurrencies: Digital assets that use encryption to secure transactions

– Binary Options: Contracts that pay a fixed amount if a certain condition is met

However, these products are not regulated or authorized by the ASC, and may not exist at all. TLC Investments may be using these products as a cover for a Ponzi scheme, where they use new investors’ money to pay off old investors, or for money laundering, where they transfer funds from illegal sources to legitimate ones.

Location of TLC Investments

TLC Investments claims to have offices in Canada, the United States, the United Kingdom, Australia, and Hong Kong. However, these locations may be fake or misleading. For example, the address listed for the Canadian office is a virtual office service that provides mail forwarding and phone answering services. The phone number listed for the Canadian office is a VoIP number that can be used from anywhere in the world. The website domain for TLC Investments is registered in Panama, a known tax haven and secrecy jurisdiction.

Customer Service Provided By TLC Investments

TLC Investments claims to provide 24/7 customer service via phone, email, live chat, and social media. However, many customers have reported that they are unable to reach anyone from the company when they have questions or issues. Some customers have also reported that they have been blocked or ignored by TLC Investments after requesting a withdrawal or filing a complaint. Some customers have also reported that they have received threats or harassment from TLC Investments when they tried to expose their scam.

Defensive Measures Against Fraudulent Brokers

Investors who are considering investing with TLC Investments or any other company should take some defensive measures to protect themselves from fraudulent brokers. Some of these measures include:

– Doing your own research and due diligence before investing with any company

– Checking the registration status and disciplinary history of any person or company offering securities or derivatives using the National Registration Search tool on the Canadian Securities Administrators website

– Asking for written documentation and verification of any transactions or statements

– Being wary of unsolicited offers, high-pressure sales tactics, unrealistic returns, or guarantees

– Never send money or personal information to anyone you don’t know or trust

– Reporting any suspicious activities involving securities or derivatives to the ASC Public Inquiries Office

Conclusion

TLC Investments is a company that claims to offer high returns on various investment products, but the ASC has warned that it is not registered to trade in or advise on securities or derivatives in Alberta. The company may be involved in fraudulent or illegal activities and has received many negative reviews from customers who claim to have lost money or been scammed by them. Investors should exercise caution when dealing with TLC Investments, and take some defensive measures to protect themselves from fraudulent brokers. Investors should also seek independent financial advice from a registered professional before making any investment decisions.