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Global Markets Australia - Is this a scam?

Discussion in 'Trading/Investing Resources' started by flashone, Feb 5, 2013.

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  1. CanOz

    CanOz Home runs feel good, but base hits pay bills!

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    Well spotted I say, that's quoted verbatim in most spots...

    I think I'll forward it to Reuters when I get back home.

    This is just my opinion, but issues like this point to unscrupulous behavior.

    We need tougher laws, heavier penalties, including jail terms.

    There is no consequence.
     
  2. drivesafely

    drivesafely

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    Looks like this Mark Tencaten has kept himself busy since he left Regent Markets http://www.trade2win.com/boards/educational-resources/120920-regent-markets-pty-ltd-21.html First he gave us Global markets Australia, then World Index Exchange http://www.worldindexexchange.com.au quickly followed by Wealth Solutions Australia http://wealthsolutionsaustralia.com.
    Now, after offering unsuspecting cashed up investors his moneymaking opportunity for upwards of $71,900 http://www.trade2win.com/boards/educational-resources/120920-regent-markets-pty-ltd-19.html he has now come up with something for the common man, which I guess means you don't really need to pay his other companies all that money they're asking of you after all: http://www.intradaybettingservices.com.au
    So what’s next? Apparently it's Thailand here we come!
    http://www.expat-blog.com/en/jobs/a...390--pa-to-the-managing-director-bangkok.html
    http://classifieds.bangkokpost.com/?ad=9469
    http://www.chiangmaipost.net/classifieds/?ad=9469
    http://pattaya-times.com/classifieds/?ad=9469
     
  3. kotsh

    kotsh

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    I remain shocked of the strict Australian regulations for every single little thing, and in the end people can get away with scams like this, even with the knowledge of "reputable" authorities like ASIC.
     
  4. drivesafely

    drivesafely

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    Well, I guess it’s safe to assume the Mark Tencaten/Global Markets Australia scam has finally run out of legs, or [more appropriately] gullible people to fleece! Evicted from their Brisbane and Gold Coast offices, the company phone number has also been disconnected, as have their Facebook & Twitter accounts, which they used to promote their supposed successful trading results.
    Authorities estimate that before disappearing they managed to dupe millions of dollars from people who thought they were investing in a proven wealth creation strategy, only to discover after they had parted with their money that it was just a sham.
    If you were an investor, and you think Mark is a reasonable guy and would be happy to give you back your money, unless you have his new mobile number [old one’s disconnected] I guess you could send him a “friend” request on his Facebook page https://www.facebook.com/Markjamestencaten
    My guess is that it will also disappear, probably within hours of this post, so if you want to remember what he looks like, save his photo!
     
  5. kotsh

    kotsh

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    Can anyone who is a victim of Global markets Australia get in touch with me through private message? The company was seized and is getting liquidated now. We need to all speak up and inform the authorities before these thieves get away with it.
     
  6. PaulNSW

    PaulNSW

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    http://www.slatergordon.com.au/services/class-actions/cwa

    Check out the link above for the Class Action against Global Markets
     
  7. PaulNSW

    PaulNSW

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    Did anyone have a photo that they are able to post up on here?
     
  8. piggybank

    piggybank

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    It appears some companies don't mind having him on their books - must be a guy with the "gift of the gab"...

    140205 - MTs.gif
     
  9. Uoweme

    Uoweme

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  10. RT14

    RT14

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    It sounds like another Russell Johnson thing
     
  11. Palacaras

    Palacaras

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  12. Uoweme

    Uoweme

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    We just had a phone call from http://www.worldbinarytraining.com/ - the guys name was Mark Thomson -
     
  13. drivesafely

    drivesafely

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    Some questions for anyone connected to World Binary Exchange.
    On your website you state that “Our primary focus has been and will continue to be honesty, integrity and professionalism”.
    If you’re running such an honest business, then why are you misleading prospective clients by publishing false records of results of your trend signals to make it appear that you have a much higher success rate than you actually do?
    Also on your website, in the FAQ section you state that “World Binary Exchange has been servicing clients since October 2011”. One of your testimonials, supposedly written by one of your clients, Tracey Bold states “Two years ago my husband told me about World Binary Exchange”.
    Why then does a search of the ASIC website reveal that your company was originally registered with ASIC on 20th February, 2013 under the name “Global Intra-Day Commodities Pty. Ltd.”, and the name wasn’t changed to World Binary Exchange until 23rd October 2013?
     
  14. drivesafely

    drivesafely

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    Any "World Binary Exchange" members out there who can give us an update on what's happening with the company? Apparently their phone number [02 8607 8812] isn't working. Has it been disconnected?
     
  15. Gen_Why

    Gen_Why

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    I suspect these guys have reincarnated as EzyClicks or they operate on the exact same model.
     
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