Jones Mutual and other scam investment companies

BarryStanyer

I was tempted by the phoney advertisement of Piers Morgan and the bitcoin profitability.
When you click on the ad you are bombarded with phone calls from so called investment brokers for weeks and months they never stop ringing you sometimes as many as 3 times a day. They just batter you with they are the best and surely you want to make money.
I fell for Jones Mutual who rang me for days on end even in the evening.
Eventually I though okay give it a go and paid $250 dollars via credit card. Their arguement is you'll make it back before you have to pay the card off. You have to give proof of ID e.g, driving licence and utilty bill and then you see $250 in an account and their fancy software website. They still pester the living daylights out of you to increase the investment to $5000 or $2000 even $1000.
I decided this was a big mistake and wanted to cancel the transaction.
I rang my credit card company and they said because of the type of transaction their was nothing they could do to stop it.
Okay I had more calls from Jones Morgan's so called Senior Analysts a different one almost every time. I was told they would pool my $250 with other so I could see the gains to be made.
The account started to grow to as high as $400 but before I caould even consider a withdraw it droppped to a -$12 and my account said -$40 so no chance to get my money back.
I rang their customer services who then get another new Senior Analyst to call and try to twist your arm into more investment.
I had a guy called Daniel Muller ring me who said yes you've lost your investment but hey it's only $250 you need to invest more and went on and on to talke about Apple, Boeing and other large companies. He was relentless and was adimant that my $250 loss was nothing.
Needless to say I told him where to go and to never call me again.
My advice is do not even consider or show any interest in these comapnies as they are nothing more than a scam to take money off you.

eskbanker

As valuable life lessons go, $250 isn't too bad, many will have been taken for way more than that.

Personally I find Piers Morgan to be a useful guide, in that you won't go far wrong if you do/think/say the exact opposite of what he does, but I suspect that even he would think twice before actually recommending a dodgy unregulated Estonian outfit with a semi-literate website....

Change your number (as you'll now be on numerous sucker lists) and move on!