Problem Can't get a refund £20,000 from Smartcharts, Learn to Trade, Greg Secker

[Redallover]

Looks like YouTube have now removed Mr. Secker's channel ...

 

[Velj11]

Hi Mark I am in a similar position to these people. I put I £20 k for a £50k so called company funded a/c and £4.5 k for AI Trader. The program does not suit me and I don't understand their jargon. I have not utilised the company funded a/c at all nor the Live a/c. I asked for a refund of my £20 k to be ignored and told no refunds are possible after the cooling off period of 30 days since Dec 2023. What can I do.? Scorp24.

Hi,

Sorry for your losses

Apologies if you have already reached out to me.
Can you message me on LinkedIn please as you possess excellent evidence !

Thanks
Mark Veljovic

 

[Geofft66]

Hi Mark I am in a similar position to these people. I put I £20 k for a £50k so called company funded a/c and £4.5 k for AI Trader. The program does not suit me and I don't understand their jargon. I have not utilised the company funded a/c at all nor the Live a/c. I asked for a refund of my £20 k to be ignored and told no refunds are possible after the cooling off period of 30 days since Dec 2023. What can I do.? Scorp24.

Hi Scorp24. Your situation and loss value is almost identical to my own. Mark is the guy you need to share your details and evidence with, but save to say you are one of many, many similar people scammed by the fraudsters at LTT / SmartCharts.

 

[Geofft66]

Hi Scorp24. Your situation and loss value is almost identical to my own. Mark is the guy you need to share your details and evidence with, but save to say you are one of many, many similar people scammed by the fraudsters at LTT / SmartCharts.

Hi sorry just as a by-the-by, which bank did you use to carry out the payment? The reason I ask is it sounds like you have been duped quite a while after I was, and I (and others) have repeatedly made a lot of noise to the banks etc about these scammers, so by now they shouldn’t be just processing payments at will, but they should be red-flagged….surely?

 

[Velj11]

Hi Mark - I know you've been delving deep into these guys for a while. Was wondering if you had a view on progress and next steps of any possible legal action that you could share with the forum?

Hi, reach out to me on LinkedIn so I can update you on current developments and progress.
Thanks
Mark Veljovic

 

[irarra]

Hi
Thanks, as mentioned l try to avoid any social media. You could tell me on this forum about the process.
Smartcharts has been emailing me every wk to fund the account and this thug Greg has emailed me yesterday to apply for another one of his ponzy schemes course! as 1 year completion of his last course is this week
I am astonished how these thugs commit fraud and get away with our hard earned money. ANAZING!

 

[Showman8655]

Hi I am writing about my recent experience (not even 1 week old ) with Smartcharts, Learn to Trade, Greg Secker.

I am a total beginner in Forex trading and bought a 3-day (£3,069) course from Learn to Trade/Smartcharts/Greg Secker people.

At the end of this course, instead of getting 3 mentorship sessions as promised in the programme, I got one session for 1.5hours where the so-called mentor was pitching a 12-month programme.

I kept on saying that I am a beginner and don’t have extra funds, but he was presenting the programme to me as a joint venture where if I invest £20K, it will be a joint account with the Company, where they will invest £30K and along with detailed 12-month educational content I will get 1-2-1 mentorship where the mentor will be guiding me in the trading process. The rational being that the Company and myself will be making profit together along the way at the ration of 80% to me and 20% to Greg Secker.

This made sense to me, since as a beginner I did not have much confidence in being able to make a profit when trading on my own and the 80% of course looked very appealing.

After purchasing the programme for 20K on Monday evening, Tuesday at 6am I received an e-mail with a link to a 30min Breakfast Club happening live that morning, no login details needed. I watched that live club, which made no sense to me as a beginner, and I kept thinking why did the mentor send me this link, since this was totally inappropriate to me as a beginner as I could not understand anything. As it turned out later, this link was a perfect trap for unsuspecting customer. Read on.

When I accessed my trading account later that morning, I realised there were no 30K funds in my trading account and neither my 20K was featuring anywhere! It transpired that in the end this money I paid does not allow me to trade, and that this £20,000 I have just paid was additional money to access only further educational content for 12 months.

It turned out that in order to get to the level of the joint account with the Company, which was pitched to me as STEP1 of the programme, I would have to invest further funds, show consistent 3% profit results for 3 months consecutively, plus satisfy a number of other conditions and only then they would consider and maybe accept me to trade in this joint Company’s account. This was total news to me as this was completely omitted by the so-called mentor from his sales pitch.

Immediately that morning (less than 24hours since purchasing) I decided to cancel this programme and get a refund because I realised the conditions were much too stringent and I also do not have further funds to invest, which I clearly said during the purchasing process a number of times.

NOW THE CATCH.
When I asked for my money back, 2 days later they came back to say that I am not entitled to any refund at all, because I accessed that 30-min breakfast club. Apparently, according to their T&Cs, if one accesses ANY part of the 12-month programme, one immediately forfeits the right to 14-day cancellation period and refund. So it turns out that the 30-min live Breakfast Club, with no login needed, where some guy is sitting and trading and a beginner cannot understand anything, costs £20,000.

The mentor’s e-mail with the link to the Breakfast club, received just before 6am is a perfect trap to satisfy their T&C clause which prevents a customer from cancelling the contract and getting their money back.

This is not even 1 week old experience, I am still trying to get my money back. Any advice?

Hi There,
Yes I do believe i was scammed in the same way. I got the hot pitch literally minutes after the three day course. And I lost my money too. So I believe a Smart thing to do is get onto a really Smart Law firm and sue these people in a class action. I am in Australia and did my course last year when I was on holiday in Thailand.
A guy I was supposed to meet in Thailand who was doing so well never showed up for my meeting and never heard from him again.
That other Gentleman who claimed to be holidaying In Bali at the time of my course was so dumb and couldn’t do up his own shoe laces. But I guess I am the dumb one for believing them.
Look forward to any news that might be helpful in a possible class action.

Regards

Chris

 

[FxMaster]

Hi There,
Yes I do believe i was scammed in the same way. I got the hot pitch literally minutes after the three day course. And I lost my money too. So I believe a Smart thing to do is get onto a really Smart Law firm and sue these people in a class action. I am in Australia and did my course last year when I was on holiday in Thailand.
A guy I was supposed to meet in Thailand who was doing so well never showed up for my meeting and never heard from him again.
That other Gentleman who claimed to be holidaying In Bali at the time of my course was so dumb and couldn’t do up his own shoe laces. But I guess I am the dumb one for believing them.
Look forward to any news that might be helpful in a possible class action.

Regards

Chris

If you are having a serious problem with a company, you should open your own thread in Financial Company Comparisons and Discussions
and give details (make sure to choose "prefix" as a problem).

Why your own thread?

1. If the person who started this thread has their issue resolved, it will be marked as resolved.

2. Your thread can have a link from your review. This makes your issue more visible.

3. Issues can be different. Having your own thread makes getting advice specific to resolving your issue easier.

 

[Monarch623]

Hi there !

You will have seen my posts on here regarding my investigating Secker and LTT for deceiving people exactly like you have described. I have now been in contact with over 40 victims and am finalising my evidence package for the police and other regulators. You can contact me via LinkedIn and I can advise you how to take this forward. I will add you to my list of victims.

Thanks
Mark Veljovic

Hi, I have lost £10k with Smart charts, same as Irarra, excuses or political answers, just to fob me off. If anyone can help me recover something it would be appreciated
Thanks Donald

 

[irarra]

Hi Donald
I would advise to ask your bank for “Chargeback claim” for a fraudulent transaction.
Kind regards
Irarra