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Consolidated Trading Partners - the real deal?

Discussion in 'Software and Data' started by amysemmens, Feb 14, 2015.

  1. amysemmens

    amysemmens

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    HI all,
    I'm new here, and wondering if anyone has dealt with Consolited Trading Partners? They sell/license a software program, and according to their prospectus have excellent results, but looks too good to be true.
    Any one know of them and whether they are worth going with? It aint cheap so I don't wanna hand over cash
    unless I can rule out a scam.
    Many Thanks
    Amy
     
  2. Joe Blow

    Joe Blow Administrator Staff Member

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    Amy, if this company had software that consistently made money from financial markets, why don't they just use it themselves and make a fortune? Why do they need to put a high price tag on it and sell it to others?

    My guess is the results in their "prospectus" aren't audited results, which means that they cannot be trusted.

    The company, CTP International Pty Ltd, does not hold an AFSL, nor does its website contain a Product Disclosure Documents (PDS). The domain name was registered in September 2014, which means you are dealing with a business that is about five months old. The company was previously called "A.C.N. 144 883 205 Pty Ltd" and was renamed in late March 2014. Its previous name indicates that it was probably a shelf company before being acquired by the current owners.

    The website does not list the company name or its physical address. The description of its products and services are vague, and no prices are listed. Their website talks a lot about their "innovative staff", "record of achievement" and "ethical standards" but you should take note that no names are listed on the website. So who exactly are you dealing with?

    Does this really sound like a company that you want to hand over your hard earned to?
     
  3. GMS22

    GMS22

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    Amy,
    Did you follow through with CDP? If so, how is the experience?
     
  4. StockPuppet

    StockPuppet

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    Let's see. Does this appear to be a legitimate business trying to sell software?

    Summary:
    No stated street address on web site: Check
    No specifics on software: Check
    No costs: Check
    Stock art depicting happy smiling anonymous people: Check
    Newly formed company: Check
    Unsubstituated review showing company has the Best Software: Check
    Operates out of an anonymous virtual office: Check

    Now let's do some forensics.

    "Ronald Jeremy" is the name of a porn star. Coincidence? Maybe.

    Note that they are registered on the same name server and if you look further both web sites are hosted on a low-cost hosting provider Ventra IP.

    http://www.oceaniafinancialreport.c...g-partners-best-personal-investment-software/
    This appears to be a site specifically set up to attract search engines. Allegedly it includes some legitimate articles that convince people the site is legitimate then has a "review" of personal investment software that appears to be just marketing jargon.

    Whitepages for CTP International Pty Ltd:

    So what is at this address and level? A company that provides Virtual Offices.
    http://www.servcorp.com/en/locations/worldwide-locations/sydney/gateway/
     
  5. lincolnedan

    lincolnedan

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    Amy et al,
    Whilst I can't state for a fact that the Consolidated Trading Partners "investment offer" is a scam - I can state that I was scammed by an identical program ~15 years ago. It is my opinion that the CTP scheme is 100% a scam.
    My advice - steer well clear.
    LD
     
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