I invested $6000 in January 2009 in the Gamma Automated Trading Program and $2500 in my trading account. The trading account made some money at first but then declined to zero. The upfront money was guaranteed to be returned if there was no profit in the first six months. I called repeatedly for may refund and I was promised $3000 on August 1, 2009, and the second $3000 on September 1, 2009. After more phone calls and threatening faxes, I still have not received any money.
Dr. Charles F. Morton
8786 M-60
Union City, MI 49094
Phone: 517-741-5575
Fax: 517-741-3225
Email: [email protected]

I purchased Luxman Trading Concepts Automated Nevis trading program in August 2008. There was a guarantee that if there was no profit after 6 months, then there would be a refund of the $6, 000 cost of the program.
Every time I can actually talk to them, they agree that they owe the money, but they need more time to pay it.
Now the only phone number that I have for them, 866-924-3617 has a full message box.
Has anyone taken any legal action against them?
I would pay a lawyer, if I could get some of my money back.
Dennis F. in Texas

I want my $5, 000 back.On nov 14th, 2008 I was contacted by phone from a man named Alan Souza, who works for Luxman Trading Concepts Inc.He began to tell me of the incredible new product called "S & P e-mini trading system".
He went on to explain how the the system makes money in the commodities market whether the market goes up or down.It was all about timing the market and that is what this program does.He diricted me to a web page that showed their record of profits for their customers.Impressive.Alan told me that it costs $6, 000 to join and then I would need another $2, 500 to fund the program.
I informed him that I did not have that kind of money.Alan went on to explain that I could do it on a credit card.I told him that I had several credit cards, but none of them had that amount available on them.So I spread the amount of $4, 000 over several cards.The remaining $2, 000 would be paid latter in the month.A week latter Alan called and told me that if I could come up with
$1, 000 he would waive the other $1, 000 for a total cost of $5, 000.What a deal!! So I did it with borrowed money.I told him it would be a while before I could come up with the other $2, 500 to fund the account to start trading.He said no problem and assured me of their 6 month refund policy if not satisfied.In Feb.2009, I lost my Job.I called Jay Hebert of Pacific One Group (the broker for the trading acount (1-888-369-9008)to inform him that I still
did not have the money to fund my account.He said he understood and said I was missing out on some great profits.So I tried real hard to come up with the $2, 500.By May, I was still unemployed with a dependent child of 5 and tried to get my refund of $5, 000 from Luxman Trading Concepts(1-866-924-3617).I have called and left messages for James Kennedy(the boss)every day for two weeks
with no response.On July 7th, when I threatened them will legal action, Mr. Kennedy finally returned my call.He informed that I would receive my refund by July 21st.It is now Aug.5th
and I have still received no money back.Please Help!
Sincerely, David Crane

June 2008 we were sold an investment system by Luxman Trading Concepts. Their Nevis system traded S & P mini contracts. I know now that I was lied to by the high pressure salesman and that the results web page is bogus, not based on real trades. Still, the contract we entered into had a guaranteed subscription fee refund if the system did not perform positively. The system bombed and Luxman stopped trading it in Jan. 2009. We had stopped before that but still lost some investment money. We understand the risks of trading. But I did not expect to have to fight Luxman to get them to honor our contract. I want my subscription fee back. That's all. I could kick myself for being so gullible! I hope that reporting my experience here keeps someone else from making the same mistake. However, and this is most important... just because they are Luxman today doesn't mean that they can't/won't do the same shady business under another name. Always do your due diligence and never succumb to high pressure sales, "one-day-only", "only two openings left", "only a very limited number of subscriptions available", whatever. Hang up and pat yourself on the back for not falling prey to a scam!

Watch out for these guys - the product costs $6000 and comes with a guarantee if they don't make profit in 6 or 7 months. Then they don't provide the refund and keep stalling on the re-payment.
My scheme ran out in April and I'm still waiting.