Just seen the thread – very interesting.

I am owed $5k by Aussie Robber – they held onto a refund I'd asked for 4 months after they'd "approved" the refund, only then to claim they were in trouble and wanted to effectively go into administration. The accountant managing this matter won't return my calls or emails.

I consider myself an educated man and have previously held relatively senior finance positions and had some trading experience prior to seeing Aussie Rob. I must admit I was sceptical at first <moderator: delete personal comment> but was intrigued how such a simple system might work. I was suckered in and I bought the product in late 2009. I consistently lost money paper trading. They just kept encouraging me to take more courses and go live. All the "mentors" they recommended seemed to use different systems to what I was being taught. The advanced training also seemed to diverge from the basic line cross premise, and frankly, the training was all over the place.

They kept recommending more training, more modules and seeing their live trading (which I don't think made any money either!). They kept insisting that the profits would come. By now I was losing real money in the market.

I attended the 2010 annual conference on the Gold Coast. I didn't meet anyone who was making money. They had now resorted to a guaranteed profit system (wonder if these guys are still waiting for their refunds?) but only for writing covered calls I think. These suckers were paying through the nose for this "opportunity".

I think the greatest embarrassment was paying $200/m for the data for almost 2 years. All up, I spent about $25k with him (excluding my trading losses) and never did find his secret. Now I know – it's in flogging his black box red/green lines. Funny, I also suggested to his accountant what if Aussie Rob was such a good trader why didn't he repay me from his trading profits!

I get really angry <moderator: delete personal comment>. I keep seeeing desperate people maxing out their credit cards to buy these ridiculous products time and time again. I'm lucky in that I could afford the money and got a decent tax write off from it (although I'd have much rather given the money to charity).

I still feel cheated though. I noticed a lawyer was interested in pursuing this matter for someone on this thread. I would be interested in joining this action. Given the recent shady corporate reshuffling going on I would also like to see Aussie Rob interrogated by a liquidator to establish not only his misleading and deceptive practices but also whether or not he has been trading insolvently since the ASIc ruling late 2011.

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