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Review by PJ R.9 months ago
This company is misappropriating my wife's funds and reinvesting them without her consent (against her instructions) and against their own PDS terms - "Funds on loan in the 1 Month Rolling market will not be reinvested, but will be returned to your holding account when one or more replacement funders are available". Her reinvestment settings are set to return all funds to holding account. They had no right whatsoever to reinvest her funds (at a much lower market rate) against her consent, and against their own terms of service.
They have also recently changed their PDS with the sole purpose of misappropriating their investors' funds without giving them the option to alternatively withdraw them. This company is immorally scamming their customers during a health crisis to benefit themselves. That's what it comes down to.
if you are facing the same issues, please contact AFCA (Australian Financial Complaints Authority) / ACCC and ASIC. Our story will be forwarded to the TV Show 'A Current Affair'.
Sourced from SiteJabber
Review by Paul W.9 months ago
This company is misappropriating my wife's funds and reinvesting them without her consent (against her instructions) and against their own PDS terms - "Funds on loan in the 1 Month Rolling market will not be reinvested, but will be returned to your holding account when one or more replacement funders are available". Her reinvestment settings are set to return all funds to holding account. They had no right whatsoever to reinvest her funds (at much lower market rate) against her consent and against their own terms of service.
They have also recently changed their PDS with the sole purpose of misappropriating their investors' funds without giving them the option to alternatively withdraw them. This company is immorally scamming their customers during a health crisis to benefit themselves. That's what it comes down to.
if you are facing the same issues, please contact AFCA (Australian Financial Complaints Authority) / ACCC and ASIC. Our story will be forwarded to the TV Show 'A Current Affair'.
Sourced from SiteJabber
Review by PJ R.9 months ago
This company is misappropriating my wife's funds and reinvesting them without her consent (against her instructions) and against their own PDS terms - "Funds on loan in the 1 Month Rolling market will not be reinvested, but will be returned to your holding account when one or more replacement funders are available". Her reinvestment settings are set to return all funds to holding account. They had no right whatsoever to reinvest her funds (at much lower market rate) against her consent and against their own terms of service.
They have also recently changed their PDS with the sole purpose of misappropriating their investors' funds without giving them the option to alternatively withdraw them. This company is immorally scamming their customers during a health crisis to benefit themselves. That's what it comes down to.
if you are facing the same issues, please contact AFCA (Australian Financial Complaints Authority) / ACCC and ASIC. Our story will be forwarded to the TV Show 'A Current Affair'.
Sourced from SiteJabber
RateSetter Australia is rated 1.0 based on
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