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    • daddy_bro
    • By daddy_bro 1st Sep 16, 11:52 PM
    • 15Posts
    • 1Thanks
    Anybody heard of CWL
    • #1
    • 1st Sep 16, 11:52 PM
    Anybody heard of CWL 1st Sep 16 at 11:52 PM
    I've had a couple of phone calls from a company called CWL offering a system for buying and selling shares. They make wild promises about making 10% per month. I've searched everywhere on line but cannot find anyone with a bad word to say about them but then again there is very little out there apart from some press releases and a tiny number of forum treads.
    Has anyone heard of them, good or bad?

    Sorry for making this my first post in ten years membership, been very busy.
Page 3
    • elephantrosie
    • By elephantrosie 11th Jun 17, 7:25 PM
    • 312 Posts
    • 74 Thanks
    is this a ponzi scheme?
    Getting bored of my 9 to 5 job.
    • AnotherJoe
    • By AnotherJoe 11th Jun 17, 9:01 PM
    • 6,512 Posts
    • 6,927 Thanks
    is this a ponzi scheme?
    Originally posted by elephantrosie
    No. A Ponzi scheme is completely different.
    It's just a straightforward scam.
    Last edited by AnotherJoe; 11-06-2017 at 10:30 PM.
    • daddy_bro
    • By daddy_bro 14th Jun 17, 11:30 PM
    • 15 Posts
    • 1 Thanks
    Run guys, just run from these guys. I'm a victim after persistent calls fell for it .....................huge regret, the software is so disappointing, prompts you to buy the "so called" best stock and you eventually lose you money, so what's the point predicting that you buy that stock! Anyways I realised I've been an idiot, called them after trading for 5months that I'll like to pull out, apparently accepted my reasons, emailed me to confirm closure of account within their so-called 30days processing period, it's been 90days or more now, i have called trying to at least see if i can get some money back, apparently the deal sold to me was that if I'm not happy they can buy back the software at a discount price, so I at least get some quids back - ALL LIES!!, calls just drops each time or is permanently engaged, I guess someone has blocked my email, they won't response to my email as well - Lost in total £2995 - SO SAD!
    Originally posted by Ladidemi1
    Sorry to hear you were scammed, that sucks but thank you for warning us and anyone else who might read this.
    I missed the previous replies to this thread so apologies to the other guys who responded. I chucked the correspondence they sent me ages ago so can't remember the detail but they sent me a glossy brochure which started out by saying that
    "Banks make millions on the stock market by using specialised software that can predict rises and falls, and now you can too"
    It then goes on to tell you how great it is without really telling you anything about the 'system' or how it works. Big on claims and zero content
    I also figured after a bit of searching that the forum posts were fake so wised up, did my own research and decided to do my own thing for better or worse.
    • Malthusian
    • By Malthusian 15th Jun 17, 2:32 PM
    • 2,180 Posts
    • 3,049 Thanks
    It's time to change your phone number. You're on a mugs list.
    Originally posted by Vortigern
    Quite. Ignore the cold calls that you will be getting shortly telling you that they can help you recover your money (if you pay them £X to cover legal costs).

    That would still be pretty one sided unless they were sharing your losses too.
    by Glen Clark
    Exactly my point, which is why people should ask why CWL aren't offering this.
    • ttt123
    • By ttt123 15th Jun 17, 7:47 PM
    • 1 Posts
    • 0 Thanks
    company dissolved 4/4/17 .. big scam
    • daddy_bro
    • By daddy_bro 16th Jun 17, 9:17 AM
    • 15 Posts
    • 1 Thanks
    company dissolved 4/4/17 .. big scam
    Originally posted by ttt123
    Probably started up again under a new name.
    • Gadfium
    • By Gadfium 16th Jun 17, 10:22 AM
    • 599 Posts
    • 1,102 Thanks
    company dissolved 4/4/17 .. big scam
    Originally posted by ttt123
    I am so surprised. They had all the hallmarks of being genuine....

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