IVST Solutions?

[Cara81]

hi all,

i have recently (today) invested in this company. it seemed like a good idea and a brilliant opportunity (maybe too brilliant) to make some good cash, and having read this i am now sceptical of the whole thing.

i am awaiting my software pack as we speak, and will let everyone know how it goes once i have given it a fair go.

and Cara81, i will be all the way with you if this product doesnt satisfy me and deliver as promised!

HI Garth,

Yes, please let me know how you go with it. My number is 0404028291 if you find it is not what they have promised. That goes for anyone else, if you have had dealings with this scamming company, please give me a call as the more people we have against this company the better chance we have at getting our money back and preventing it happening to others.
I bet the people on here saying it is a good program are actually people from the business. They have no morals.

[Staffymax]

I received a "prospectus" in the mail and received a call today? The chap was a good talker....first of all said he was in Sydney...then Brisbane? $7900 incl. GST 718....all Tax deductable over 3 years you end up only paying $578? He said "Full Money Back Guarantee" within 3 years? You can start with as little as $500 and are only allowed to use 5% until you get to $10000 then you have to withdraw your profits? He said 200 Licenses in our area WA, SA and VIC I think. Lots of other info too? Too good to be true

[MEOW]

Mate of mine is getting the same calls at present. They have only 3 packages left......surprise surprise. I only just found out and relayed the following true story. Suffice to say he is not taking up the offer.

Another mate did the scam a few years ago where he "invested" $ 5000 with the promise that once the account hit $ 10,000 he could withdraw the money. Each week he got sent the results, that showed his account slowly increasing till one day it hit over $ 10,000. He immediately went to withdraw his initial investment only to find out that he had been taken.

As he had paid by credit card, the bank he was with had a credit card policy if you lost money due to a fraud they would refund it. That is how he got his money back. It took a few months but he did get reimbursed.

Goodluck Sandgroper, give this method a try.

[Cara81]

HI Again all,
I have had about 5 people call me so far that are in the same position, that the program or investment we purchased was not as described or has not given returns anywhere the amount they promised. Basically what I am doing is taken down names and numbers, and seeking legal advice. I will let everyone know what the lawyer says after meeting with him again in a few weeks. The more people we can get to go against this company the better and cheaper it will be for us and the more chance something can be done about it. It does not matter what state you are in.
In the meantime, if you have paid by credit card, as MEOW said, open a dispute with your bank and they will look into for you and it may just get you a refund. My bank is looking into for me as we speak, so fingers crossed.
Also, it would be wise to contact Office of Fair Trading, ACCC, ASIC, and Scam Watch. You can make complaints online at their websites.
I will be posting my contact email address in the next post.
Thanks
Cara

[Cara81]

[email protected]

[demojob]

Hey everyone,
Has anyone actually tried the software and completed it to a 100%? Does it make money or lose money??
I see there are alot of people who have been mislead and I agree with them wanting their money back but, as far as I can tell not too many people have given it a go for say 6months doing exactly as it says. I'm curious to see if the predictions is can make are accurate or if it's a random number generator.
If there is anyone out there who can shed light please do as I'm extremly interested in the workings of this program. For the guys/gals mislead keep up the fight!!!!
Cheers
Damian

[Cara81]

Hi All Again,

Thank you to everyone that has contacted me. I will be in contact with those that have left their name with me as soon as I know what the lawyer would like to do.

I have also had some people call me and say that IVST Solutions are now saying that I am happy with the program and that I have changed my mind. This is NOT the case, I am extremely unhappy with the program, and their service.

I would also like to point out that their have been numerous people who have contacted me and have tried the program for a good few months and have also said that it does not bring back the returns that they promise.

If anyone is approached by this company, I would strongly recommend that you do no go ahead with it.

If you have already signed up, and it has turned out not as they promised, please contact me as the more people we have the better result we can get. As I said before it does not matter what state you are in.

Phone: 0404028291
Email: [email protected]

I will be doing everything in my power to get this scamming company no matter how long it takes.

Cara

[bekkate]

Was just wondering if anyone has signed up to ivst solutions in the last few months and how they are going are they making money on the horses every week like they said?
Thanks Bekkate

[garthy37]

hey all, for those who want to know if anyone has actually given the program a go, here are the facts..

I have been doing it for 4 months, and am currently down 25% of my starting kitty. This will be the same whether you start with $1000 or $10000, as 5% is supposed to be bet on every race.

Winning percentage is nothing like the 48% it is said to be. Try 19%.

I am going to stick this out til 6 months have passed. This decision will probably cost me more money.

My gut feel is this is a basic system that maybe picks horses based on quoted odds in comparison to what they are listed in the paper, and what the system rates them to be quoted at.

Happy to answer any questions, but wouldnt recommend signing up to this program.

[skyQuake]

hey all, for those who want to know if anyone has actually given the program a go, here are the facts..

I have been doing it for 4 months, and am currently down 25% of my starting kitty. This will be the same whether you start with $1000 or $10000, as 5% is supposed to be bet on every race.

Winning percentage is nothing like the 48% it is said to be. Try 19%.

I am going to stick this out til 6 months have passed. This decision will probably cost me more money.

My gut feel is this is a basic system that maybe picks horses based on quoted odds in comparison to what they are listed in the paper, and what the system rates them to be quoted at.

Happy to answer any questions, but wouldnt recommend signing up to this program.

Why not paper trade it for a while rather than bleed out money?

[garthy37]

what does paper trade mean? sorry pal not up with the lingo..

[Cara81]

Hi Everyone,

Its been a while since I last posted and this will be the last.
Over the last 10 months I have been contacted by at least 30 people who have invested in this scam and have found out that what they received is no where near what had been promised to them over the phone by this company.
Most people I spoke with have tried the program for at least 3 months and the results have been far from what IVST promise you will make. If you are considering buying this program, DON"T you will just loose more money then you make.
If your lucky enough to have paid by credit card, there is hope of getting your money back. If you have paid by cash, unfortunately, there is not a lot you can do unless you take them to court, and then you need at least 5-10 people in the same situation to make it worth while. I found out that it would cost roughly $15000 - $20000 to do it and most lawyers won't even go there. IVST do not have any assets, and they transfer all their funds into private accounts which leaves the business with basically nothing, so even if you did win, there is no guarantee that you would even get your money back.

If you are one of the unlucky ones (like me) who went ahead with it (and paid by credit card) I would suggest the following:
1. Open a dispute with your bank against them. It is false advertising. The bank will let you know what happens and what you need to do.
2. Send IVST a letter (via registered post) stating the reasons you want a refund.
3. Send back the program with another letter again clearly stating the reasons for the refund and also make sure you put in there that they DO NOT have permission to send it back to you.

They will send letters back saying that you have simply 'changed your mind' and so does not give grounds for a refund. They will not address your reasons, so don't be put off by this.

Keep copies of the letters you send, the letters they give you, and copies of the tracking numbers of the letters you send. you will need this info to give the bank as evidence. If you have tried the program, keep track of what you have spent and also wins and losses to show the results.

IVST will have to prove to the bank in written form (something with your signature) that you were fully aware of what you were buying and how it works. The declaration you signed is not proof, that is simply to say who you are. They do not have any proof and all they send the bank is an article from Office of Fair Trading saying the Change of Mind is not cause for refund. If you have clearly stated your reasons, you will get a refund. The whole process will take about 6 months, so hang in there.

I brought the 'investment' in May 2009 and after a lot of research, talking to various lawyers and legal aids, I finally got a refund via my bank in December 2009.

I hope this helps a bit, and good luck to everyone.

Cara

[Coolerman]

DONT TOUCH THESE SCUMBAGS WITH A BARGE POLE!
I AD $5000 TO THROW AWAY AND THROW IT AWAY I DID!
HAVE NOT COME CLOSE TO MAKING A CENT!
THEY NOW DO NOT ANSWER THE PHONES.
IF THEY RING YOU.... ABUSE THEM AS LOUD AS YOU CAN AND FOR AS LONG AS YOU CAN .... JUST FOR ME AND ANYONE ELSE WHO HAS BEEN ROBBED.

IF Anyone else is interested in taking legal action against these .... please message me.

coolerman

[hussnain]

Hi All,
I couldn't get money back through my westpac credit card.I have gone through dispute since 8 months but no luckk.I will be more than happy to join who want to take legal action against ivst.Since last week ivst 1800 number is not responding and no clue on web either.Any advise will be much appreciated.
hussnain
mob 0437342235