Blanche Equity horse racing scam - Scamalot

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Scam ReporterScam Tips Received
Craig Robson
Morrinsville, Waikato, New Zealand
2013-10-28 19:40:17
Business Venture Scam
Blanche Equity horse racing scam 
Blanche Equity International
Email Address:
Scam Website:
I bought into Blanche Equity International horse racing system (10K) they are in Australia as a registered business.
They told me they have a 66% success rate proven over a number of years and can expect to get my initial 10k investment back in 5 months or less it is nearly 5 months and my account is still in the red and my trading results show they have about a 35% success rate,their brochure showed great returns but are impossible and bogus now that I have seen the real world results.
I have asked to be refunded out of the system but have been told there will be no money returns.

I have made a couple of calls to the managers they have denied the promises the sales reps made and that the system success varies, denied that they offered a 66% success rate or that I would get the initial 10k investment back on or before 5 months and to just keep betting on it.
They said they do not give refunds as a company policy. I have sent a letter in reply I received a letter confirming pretty much that I bought into it with a no money back guarantee

it was cold selling sent in the mail as a brochure I checked they were a registered business which they were, I checked the scam reports but unfortunately did not see them listed so called them and joined.

I invested $10k so that is likely gone I have sent another letter stating that we come to a settlement or a campaign will follow to warn others not to join.
I have called them an spoken to the managers and I have sent a letter with another on its way they are saying I was promised nothing and bought into it with no money back guarantee.
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