EDIT: the site isn’t very professional is it. Also has the look of a scamming site. If it not a scam then they could improve their site so it doesn’t have the feel of a scam. Typical HYIP scam site feel.
These scammers pick a name from Australian business and claim he is heading it. They rely on the fact that it takes time before people find out that person is not associated with the scam.
Did you get cold called? <-- High danger signal
Is it located on the Gold Coast or nearby?
I noticed that Bradley Gannon is the main contact for the company after Clive, but I also noticed this
Published on April 28th 2019 in AssociationsCompany NewsLatest NewsManagement
Bradley Gannon appointed CEO Capricorn Automotive, effective 1st July
Gannon has been admitted as a Barrister and Solicitor to the Supreme Court of Western Australia and the High Court of Australia. He has a Bachelor of Laws (Honours) and a Bachelor of Commerce from the University of Western Australia.
The 2nd contact was a little easier to debunk
DETECTIVES have raided and shut down two boiler rooms on the Gold Coast linked to sports betting and investments they say could have fleeced money from hundreds of victims.
Police from the Fraud and Cyber Crime Group have also arrested a 54-year-old man linked to a separate boiler room operation which took $466,000 from 19 investors.
It operated between January 2008 and April 2012 and used a “sophisticated internet betting system” to scam victims from Queensland, New South Wales and Northern Territory.
Detective Superintendent Brian Hay said the Gold Coast had sadly become a “mecca” for boiler rooms.
Of the businesses raided today, Detective Superintendent Brian Hay said one was investment-based in respect to four entities while another was involved with sports betting and was linked to two entities.
The boiler rooms, in Surfers Paradise and in Bundall, were not associated with each other and were “live and functioning” when police raided them.
“I would be surprised if it wasn’t hundreds (of victims),” Det Supt Hay said.
“We know when we have done boiler rooms in the past for example we have taken possession of cartons upon cartons of scripts of paper with thousands of names.
““It doesn’t take a rocket science to realise that if you have an offer of an investment that’s going to give you a yield of return of 13-25 per cent when the market is delivering a return of two to three per cent, that hang on a sec, there is something too good about this.”
Det Supt Hay described boiler rooms as “criminal call centres” which cold-called unsuspecting victims to invest in sports arbitrage, horse racing, software gambling or property investments.
He said they had become concentrated on the Gold Coast and took setup fees of up to $7000, with people told the schemes were high-yielding, which was backed up by slick marketing and websites.
“They can actually in some instances log in and see their investments grow, but I suggest to you that it’s all fictitious and the investment is not growing,” Det Supt Hay said.