Consumer reviews and reports on scam companies, bad products and services
Blanche Equity International (Horse racing system)
Horse racing scam
19th of Oct, 2013 by ceejay77
I bought into Blanche Equity international horse racing system (10K) they are in Australia as a registered business.
They told me they have a 66% success rate proven over a number of years and can expect to get my initial 10k investment back in 5 months or less it is nearly 5 months and my account is still in the red and my trading results show they have about a 35% success rate,their brochure showed great returns but are impossible and bogus now that I have seen the real world results.
I have asked to be refunded out of the system but have been told there will be no money returns.

I have made a couple of calls to the managers they have denied the promises the sales reps made and that the system success varies, denied that they offered a 66% success rate or that I would get the initial 10k investment back on or before 5 months and to just keep betting on it.
They said they do not give refunds as a company policy. I have sent a letter in reply I received a letter confirming pretty much that I bought into it with a no money back guarantee

it was cold selling sent in the mail as a brochure I checked they were a registered business which they were and the scam reports I did not see them listed so called them and joined

I invested $10k so that is likely gone I have sent another letter stating we come to a settlement or a campaign to warn others not to join.
I have called them an spoken to the managers and I have sent a letter with another on its way they are saying I was promised nothing and bought into it with no money back guarantee

address level 54 111 eagle street Brisbane Qld
phone: 07 30126390
1800 550 212
Comments
2451 days ago by Ceejay77
I would be interested in getting in touch with anyone who has bee involved in these horse racing scams it is time to fight back maybe set up action groups, another group identical to blanche equity international was OLM

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