Weekly report – bring this scammer to justice

November 6, 2008 - 6:51am | Articles | Investment industry |
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Weekly report – bring this scammer to justice

Several scammers have put together training courses which they claimed had been designed to assist you in quickly and effectively setting up your portfolio to trade or invest in e-currency exchange program. There was the well known Mazu Business Pack developed by Matt Gagnon, and there was also the popular Currency Exchange Profits System developed by Gary Jezorski. People were said to be trained to trade in e-currency exchange program via DXinOne platform.

However, these crooks had charged money for people to receive their training materials. According to them, people need to pay because these programs provide a service necessary to succeed in this business. For example, if you log in to the DXInOne website (the site that provides the market place for these transactions) you will quickly see that there is nothing there that provides direction or help. Therefore, these courses were set up to be an efficient service for those that know how to operate it.

They also said that what these paid programs do was provide non experienced people with step-by-step tutorials on how to bring in, take out, and manage their money and profits in the DXInOne. The full service programs also provide advanced exchanging strategies along with support capabilities via phone or email.

As you know DXSynergy system is a Ponzi by a company registered in Vanuatu which known as Global Digital Transfers, Inc. Prior to that, this company was known as GalaxyGlobal investment Retirement, Inc. At that time, they ran a program called Global-E-hand.com. In December 2001, a press release issued by the Australian Securities & Investment Commission has identified that global-e-share.com as a scam. The new DXSynergy is nothing more than an updated and more complex variation of the original GalaxyGlobal’s Ponzi in 2000 and 2001.

Mazu claimed that they had sold over 10,000 "Original" E-Currency Exchange Programs in 2005 when the business was red hot. They had charged $300 per person, and in return they trained people on the DXinOne. However, DXinOne’s screenshots that seems to show pretty impressive daily profits were actually fictitious and the process to convert them to any real money had slowed to a halt.

Gary Jezorski with his company Vertical Marketing LLC and website CurrencyExchangeProfits.com, had made a misleading advertisement that people could made profits of 1% per day by participating in e-currency exchanges via the services of DXINONE.com. He also stated on his website that he guaranteed people would doubled their money back.

But actually there were free services out there that did the same thing as Jezorski's did and did not have false promised or statement that you would made anywhere near the 2% - 5% interest per day on this system. Members of DXSynergy revealed that they made only 0.0008% - 0.002% per day on average. That’s less than a penny a day. When they sent an e-mail to ask regarding their penny daily profit, Gary tried to defend his scam by sending a reply saying that those returns were normal.

Most members said even after two months in the DxInOne system they did not make back their initial capital, and the profit was far away to reach. Telephone support was redirected to a prerecorded message that said to file a help ticket via online. When members lost money in that system, they were told by a representative that the system was working correctly and that if they really wanted to make the profits listed on their website, they should became an affiliate and sells their scam system.

Members had failed to make the promise returns, their initial capital were stuck in DXSynergy, and even if they made small profits, the withdrawals or outexchanges had not been honored by DXSynergy. In addition to that, all refund requests for purchasing Gary’s scam system had been ignored by him. Members also said the training materials were useless, meaningless and helpless.

Few members had files complaints against Gary, his company and his website with the State Attorney General and the gold sites they worked with have a very bad rating with the online GDC website. Other than currencyexchangeprofits.com, he also owned currencytrading-center.com, and a former scam investment game program invest-manager.com

Here is a report made by one of the Gary’s victims on Ripoff Report website:

“Gary Jezorski - Vertical Marketing - CurrencyExchangeProfits

Phone: 847-918-9091
Fax: 847-557-9069
1561 N. Cypress Pointe Drive
Vernon Hills, Illinois, 60061
U.S.A.

CurrencyExchangeProfits.com, Vertical Marketing LLC, and Gary Jezorski advertise profits of 1% per day by participating in currency exchanges by way of fees using the services of DXINONE.com. The profits statements are false and the guarantee is never honored.

They do not provide the telephone support which they advertised. They make you submit written tickets. When they answer the tickets, the answers just use circular reasoning and arguments but never get to the point.

They refuse to address the issues and do not honor their guarantee. The whole investment program was designed around a fraud.

Ricardo
Montville, New Jersey
U.S.A.”

And here is another report made by another victim of Gary’s scam on complaints.com website:

“CURRENCY EXCHANGE PROFITS / MR. GARY JEZORSKI / SCAM OPERATION

MR. JEZORSKI:

While we were most interested and eager to enter your program, we have been unable to download your CD's. This resulting in the lack of ability to negotiate any facet of your program.

We have sent numerous e-mails and many telephone calls to your office asking for help. We have received NO returns. We have to "give up". Respectfully we request the refund of our original amount of $299.00 (Two Hundred Ninety Nine Dollars) regards the above captioned.

Thank you in advance for your cooperation and prompt attention to this matter. Please reply with confirmation of this request.

Sincerely,
GERALD DEMPNOCK”




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