Rimbauer Group - anyone heard of them?

Discussion in 'Stocks & Derivatives' started by lisawesa, Mar 24, 2011.

  1. lisawesa

    lisawesa Member

    Joined:
    Jan 4, 2011
    Messages:
    33
    Likes Received:
    0
    Trophy Points:
    6
    Location:
    Australia
    Hi all I'm sorry if this isn't the right section to be asking this but I was wondering whether anyone has heard of / had dealings with this company.
    A friend has recommended this company to me however they only just signed up and as I am a complete newbie investor I want to make sure it's all legit. The man I've spoken to deals with options contracts in gold. They operate out of Belize.

    Many thanks

    Lisa
     
  2. Captain Kookaburra

    Captain Kookaburra Well-Known Member Silver Stacker

    Joined:
    Apr 15, 2010
    Messages:
    4,992
    Likes Received:
    409
    Trophy Points:
    83
    Location:
    Melbourne
    My Spidey Sense is Tingling........
     
  3. boston

    boston Active Member Silver Stacker

    Joined:
    Jul 7, 2009
    Messages:
    3,915
    Likes Received:
    6
    Trophy Points:
    38
    Location:
    Australia
    Run fast and continue running.
     
  4. lisawesa

    lisawesa Member

    Joined:
    Jan 4, 2011
    Messages:
    33
    Likes Received:
    0
    Trophy Points:
    6
    Location:
    Australia
    thats a worry. could you please expand on this? any information people have would really help me out.
    thanks in advance. Alternatively could someone tell me if theres a site I can go to to do some kind of background check.

    Apparently they've been around for a few years...

    btw i misspelt it in the title. its Rimbauer Group.

    lis
     
  5. boston

    boston Active Member Silver Stacker

    Joined:
    Jul 7, 2009
    Messages:
    3,915
    Likes Received:
    6
    Trophy Points:
    38
    Location:
    Australia
    Would you invest your hard earned in a company that you know very little of; that has an essentially miniscule web presence; and is located in central america?

    Let your friends explore it first, and if they are happy after 6 months or so, then consider puting your toe in the water.
     
  6. kaz

    kaz New Member Silver Stacker

    Joined:
    Jan 27, 2010
    Messages:
    484
    Likes Received:
    0
    Trophy Points:
    0
    Yes I have had dealings with them. DO NOT DEAL WITH THEM. Quick way to lose money, not at first but it will happen and when you want to pull out money is almost impossible to get. You have to keep on them and on them. They will not answer emails and when they do you will find "your account manager" is on holidays. Cannot stress enough keep away.
     
  7. lisawesa

    lisawesa Member

    Joined:
    Jan 4, 2011
    Messages:
    33
    Likes Received:
    0
    Trophy Points:
    6
    Location:
    Australia
    My friend has apparently doubled his money since putting it in a couple of months ago. Though, it should be noted he hasn't actually tried to withdraw any of it yet. If anyone else has had any dealings with them i'd be interested in hearing your stories too. I think that I will hold of investing for now. Thank you everyone for your advice.
     
  8. Captain Kookaburra

    Captain Kookaburra Well-Known Member Silver Stacker

    Joined:
    Apr 15, 2010
    Messages:
    4,992
    Likes Received:
    409
    Trophy Points:
    83
    Location:
    Melbourne
    If you've had any sort of money in Physical over the last 6 months you've doubled your money.

    Not impressive. Not wanting to jump to any conclusions based on only a small amount of info ....

    ... but ...

    LITFA! (Give it a wide berth!)
     
  9. hawkeye

    hawkeye New Member Silver Stacker

    Joined:
    Nov 10, 2010
    Messages:
    3,147
    Likes Received:
    2
    Trophy Points:
    0
    Location:
    Perth, Australia

    Sounds like a Bernard Madoff scheme...
     
  10. PerthStack

    PerthStack New Member

    Joined:
    Feb 16, 2010
    Messages:
    890
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Perth
    If you're after a quick buck, there are plenty of Nigerian Princes who will give you $5million if you just give them your bank details.
     
  11. kaz

    kaz New Member Silver Stacker

    Joined:
    Jan 27, 2010
    Messages:
    484
    Likes Received:
    0
    Trophy Points:
    0

    Heed this advice. It is free and sound.
     
  12. goldpelican

    goldpelican Administrator Staff Member

    Joined:
    Jun 29, 2009
    Messages:
    17,917
    Likes Received:
    379
    Trophy Points:
    83
    Due to the dubious sounding nature of this company, I've explicitly removed their URL from the original post.

    Bit of snooping reveals...

    Site around since 2009
    Registered via an anonymous proxy service in the US
    Googling "Rimbauer Group" pretty much only returns their website, and this thread asking about them!

    NOTHING about that website instills any sort of confidence.
     
  13. malachii

    malachii Well-Known Member

    Joined:
    Jun 8, 2010
    Messages:
    1,945
    Likes Received:
    176
    Trophy Points:
    63
    Location:
    Victoria
    DO NOT SEND MONEY TO DUBIOUS/DOUBTFUL/COLOURFUL/HIGH PRESSURE COMPANIES OVERSEAS!!

    They are not covered by any Australian legistlation and you will find the country they are in is not interested in complaints from Australians. If you have ANY problems at all you are on your own. I know that when I have a problem with an Australian company it is hard enough and I've got the Australian laws and government agencies to help. I'll repeat myself - if you have ANY problem at all - you are completely on your own!

    malachii
     
  14. kaz

    kaz New Member Silver Stacker

    Joined:
    Jan 27, 2010
    Messages:
    484
    Likes Received:
    0
    Trophy Points:
    0
    Thank you for the removal of their url. Entirely appropriate imho. I have replied to OP's private message with more details hopefully it will assist in an informed decision re these parasites. Malachi you are spot on. It is difficult enough getting redress in Australia without taking on Berlize Panama.
     
  15. lisawesa

    lisawesa Member

    Joined:
    Jan 4, 2011
    Messages:
    33
    Likes Received:
    0
    Trophy Points:
    6
    Location:
    Australia
    Yeah I have to say the points made on this forum have convinced me not to go ahead with this investment. Thank you everyone for your guidance on this (in particular kaz!)
     

Share This Page