Consumer reviews and reports on scam companies, bad products and services
Pan Continental
Pan Continental scam merchants Sydney, Nationwide
16th of May, 2011 by User952799
This company are completely fraudulent and wil rip you off. They claim to be a sports investment company who can give you 5% profit per week on your investment. It is a well thought out and a very believable scam as they use a sports betting agent so you can keep track of your funds. Just about everything I was told was a complete lie. They sold me a '2 year licence' for $6900 and told me I was lucky as there were only limited places available. I then transferred $500 more into my betting account so they could start placing bets on my behalf. They were actually making me a profit from the bets they place so I then invested another $500. My account reached $1300 which isn't too bad for 6months but it was all down hill from there. All of a sudden my account was bled dry by 4 outrageous bets. Pan continential blamed the betting agency for the loss of funds and told me they were filing a class action along. This class action went on for months and at one point they even asked for more money to cover the cost of the laywer fees. I keep ringing regularly to get updates until one day their phone was disconnected and their email address bounced. They were completely un-contactable and the contract I had with them was not upheld. So the ripped me off for around $8000 and it doesn't look like I will ever recover any of that money. If approached by this company or a company will similar claims DO NOT GET INVOLVED. As tempting as they make it sound, there is no such thing as getting rich quick and the risk is just not worth it

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