LifestyleTrader.com.au Review

Well it seems the creditors meeting has taken place for Aussie Rob's failed Lifestyle Trader and the losses total $4.3 million. Creditors were apparently told there is little to no money available. So the qurstion from them, "Well who will be made accountable" and that's a very good question, I mean no one racks up a $4.3 million debt without realising it.

Also, the Brisbane Courier Mail has run this story.

http://www.couriermail.com.au/business/failed-aussie-rob-starts-again-in-laos-but-will-he-return-for-brisbane-court-date/story-fnihsps3-1226715072730

2 things that can be drawn from this is that Aussie Rob and his CEO Murray Priestley are now both overseas, so the heat must be on. Also, neither seem to want to be accountable for the debt.

Priestley is still banging the drum over the EU contributing to the demise of Lifestyle Trader, well that maybe the case by 0.1% but the other 99.9%, well Priestley needs to look at himself for that one.

It will be interesting to see if Aussie Rob turns up for his Court hearing on 21 Ocober 2013.

Hi,

To update all here and issue a warning.....

Aussie Rob Wilson has escaped to Laos and was summonsed to Brisbane Court in April 2013 for a public examination over his failed Lifestyle Trader company. Wilson failed to attend and an arrest warrant was applied for but he escaped this being issued, due to a medical condition on the day... We wait further progress on this.

His right hand man, CEO Murray Priestley has just been banned by ASIC and to quote from the ASIC publication "ASIC found that Mr Priestley did not have a proper understanding of financial services laws and that he is not competent to provide financial services"

The full transcipt is here:

http://www.asic.gov.au/asic/asic.nsf/byheadline/13-134MR+ASIC+Bans+Murray+Priestley+of+the+Lifestyle+Group?openDocument

So there you have it, a financial services company with Aussie Rob at the helm and Priestley, a clueless CEO. This might explain where your investment has gone.

Warning...

The authorities have not slowed down either of these guys, Aussie Rob Wilson is now behind Connect Private Weath, Instant Forex Results, Instant Trading Results and Instant Stock Results.

Murray Priestley is behind Alpha Asset Managers, an investment company based in Singapore and Hong Kong.

The common theme here is that Australia is on to these guys and so operations have been moved overseas.

Together Wilson and Priestley sent Lifestyle Trader down the tubes, owing between 3 and 5 million dollars to clients, staff and creditors.

SCAM! I lost over $25K to the scumbag Aussie Rob (Robert Lloyd Wilson). Thanks very much Pat Mesiti for the great Millionaire Makers Workshop where I foolishly believed everything I heard!

Hi, this product has finally been busted by ASIC. All those who were unfortunate enough to purchase this product should be able to claim a refund. Please see the links below.

http://www.asic.gov.au/asic/asic.nsf/byheadline/11-161AD+ASIC+accepts+%E2%80%98Aussie+Rob%E2%80%99+EU?openDocument

http://www.asic.gov.au/asic/pdflib.nsf/LookupByFileName/026213622.pdf/$file/026213622.pdf

11-161AD ASIC accepts ‘Aussie Rob’ enforceable undertaking

Tuesday 9 August 2011

ASIC has accepted an enforceable undertaking (EU) from a Queensland-based options trader and his associated companies following an investigation into misleading and deceptive conduct in the marketing of share trading software.

Between August 2008 and July 2010 Rob Wilson, also known as ‘Aussie Rob’, and Gold Coast-based companies Lifestyle Investor Services Pty Ltd and Lifestyle Trader Pty Ltd marketed and sold options trading software known as ‘Lifestyle Options – Share Rental’ and offered steps on how to use the product.

ASIC found that statements made by Mr Wilson, who is from Hervey Bay, and the two companies in marketing the software were misleading and deceptive. These statements included:

* “Writing covered calls is the same as ‘Share Rental’ or renting out real estate”;
* “Options trading is easy”; and
* “Returns of 5-10 per cent per month and 60-120 per cent per year can consistently be achieved through use of Lifestyle Options – Share Rental”


Mr Wilson’s and the two companies’ EU includes an agreement to permanently refrain from using the above phrases in connection with options trading.

Lifestyle Investor Services Pty Ltd and Lifestyle Trader Pty Ltd have also agreed to provide a refund to people who bought the product after one or more of the misleading and deceptive statements were made to them.

Under the EU, the companies will write to the relevant clients and provide them with information to help them claim any refund that they may be entitled to.

The EU also requires Lifestyle Investor Services Pty Ltd , for a period of 12 months, to ensure all of its advertising material or that of its authorised representatives - in connection with any options trading product - which is marketed or distributed, is assessed by a lawyer for compliance with applicable laws prior to publication.

Lifestyle Investor Services Pty Ltd’s compliance with this requirement will be reviewed by an independent expert who will regularly report to ASIC.

Link to Asic Ruling

I have been scammed. The contract I signed at Pat Mesiti's course said that we could trial the product of Aussie Rob and Life Style Trading and there was a full refund if we decided not to go ahead within 3 months of signing. I attended one course where the instruction manual was incorrect in many places and the instructor had to keep correcting mistakes. After a confusing weekend I decided to cancel well within my 3 months. I was returned an email promptly saying the refund would be available in 30 days. I emailed again after nearly 60 days to be emailed that it would be refunded next week. I phoned the next week 3 times to be fobbed off by all who I was passed on to. Finally spoke to management who said the money would be in thisafternoon. I requested a receipt from the bank emailed to me that they had paid. They have not paid it nor will they take my calls. They do not honour contracts nor their refund policy. This will now be taken to Fair Trading Commission as this is totally unethical. It's no small amount $14300.00 and I have been paying interest all this time while they think about the refund. I paid them the money - why can't they refund it back? Is the whole thing a scam???

Came across this thread by chance. I have not used Aussie Rob's system but have used one just like it for the past 3 years to generate an average monthly profit of $4,500 on an initial investment of $10,000 (including margin). That is an extra $54,000p.a on top of my wage! It doesn't replace my job, as yet, but this is just ONE strategy, and ONE extra source of income that I am putting to work in Real Estate.

There is an old saying..."guns don't kill people, people do." By this, I mean to say that a tool is a destructive thing if not used correctly.

Wealth creation seminars and systems only provide the results promised if the people that attend and purchase them put the action behind the product to achieve the results. The greater number of people that cry "SCAM!!", either, generally don't do the work, or down tools at the first set back or disappointment. Therefore, if the price outlayed is greater than the return, it appears to be a poor investment or ripoff.

I have invested a lot of money over the years to educate myself and to understand emotional intelligence, and I am beginning to see the results of lots of hard work. There have been plenty of times where I have lost a lot of money and could have tucked my tail between my legs and given up. I, TOO could have pointed the finger of blame at the people that "took" my money, but the Law of Fair Exchange states that for everything gained, there is a price. The ultimate price, in MY mind, is to grow up, focus, and step outside of your comfort zone.

Through practice, practice, more practice and diversification, I have progressively set myself up for success. I have had to face my deepest fears, and on more than one occasion, faced demons that I didn't know I had. It was through faith, and sticking to a SYSTEM, that my greatest returns came when the World was screaming and running for the lifeboats. It was trust in the system that helped me to override my instinct to panic, in which case I would be in a very different place today.

At the end of the day, this is just MY story. Aussie Rob? I personally have had little exposure to him, but know people that use his system successfully. At the same time, I have met hundreds of people over the years that have attended the same courses as me and have not put in the action steps, that say they have been ripped off...

You decide...

Ask yourself... Will I get to where I would like to be, if I continue to do what I'm doing now? If the answer is "yes", keep doing it. If the answer is "no", isn't it right to assume that you'll have to do something that you haven't done before?

Life is like poker chips...they're worthless unless you take some risk every now and then, and the basic fact of the matter is that some wagers are going to work out better than others. Losing 30% of the time is a good thing if you consider that the other 70% is all about buying better choices for your life.

" Security is mostly a superstition. It does not exist in nature, nor do the children of men as a whole experience it. Avoiding danger is no safer in the long run than outright exposure. Life is either a daring adventure, or nothing."
Helen Keller

Once a scammer, always a scammer. He was a hunted man back in 2000 as he conned thousands under a offshore company creation and banking service. Global Equities Group which then became Global Bank (all rubbish). It was an MLM company which promised to set you up with offshore structures to save tax. In reality, all it did was make this conman rich.

8 years later he reinvents himself and floats AUSSIE ROB....


DON"T YOU GUYS GET IT?

AUSSIE ROB = ROB AUSSIES

ROFL... Don't waste your money... give it to charity at least it will do some good.

Rod wilson is a conman and a theif ...he conned me back in 2000...global equities group limited...if anyone thinks of investing any money at all with this scumbag..give your money to charity...at lest you will feel better and you know you will get nothing back only a thank-you

Hi All,

I am writing to this forum is because I am a victum of the Aussie rob. I will make the long story short. The system which they are selling is a joke. If you have a charting progam, you simply use 2 moving average (3 and 5 day) to generate as they claimed the "supply and demand" line. If you are a current AR user, better stop the subscription and you can have your on Red/Green line for free! Beside, Simple MA won't make you sucess in trading!

Thompson