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report scam| Country | United States |
| State | New York |
| City | New York |
| Phone | (631) 815-5290 |
| Website | http://www.trademasterspro.com/ |
I was contacted by Charmaine Parson from Trademasters Pro and had me sign on with their service for $85.Then I was assigned an agent (Dennis Verderosa) to guide me in investing in stocks. Dennis gave me three household name company stocks and penny stock SPYR to invest in. Then he kept calling and calling to get me buy more and more of SPYR stock. He calls and wanted to know how many you going to buy and tells you what price to put in and wanted to know when you place the buy order. He said that SPYR is going to be bought out by esport and how the company going to expose the people that shorting the stock. He kept telling me that it's going to go to $10-15. He had me buy over 20,000 shares of SPYR as high as $1 per share. I tried to reach him in the past few weeks but no answer and the main company voicemail is full. Then the SPYR stock toke a tumble. I got out of it at 0.16 and lost alot of money in my retirement acct. I called SPYR investor relations phone # on their web site but it was disconnected then I called their main # and spoke to someone and they took my name and # to have their investor relations to contact me. I finally got hold of their investor relations contact "Marlin Molinaro" and I asked him about Trademasters Pro. He initially said that he don't know them then he said that he thinks they are out of business. Anyway this is what happened to me. I am embarrassed to say that I was scammed by Trademasters Pro and Dennis Verderosa out of my retirement money. I paid money to use their expertise but they misrepresented themselves because they had different agenda, push their clients to buy "SPYR" stock.
They were arrested! Contact the FBI !!!!! Do a search for the report!
Interesting that the company phone #'s & ext. all went to voice mail for a week & are now not in service.
They have totally disappeared - hope this is because the sec is investigating them.
Note that their flagship recommendation spyr with a 1 for 1 stock of their restaurant company due in Sept 28th or so is now been flagged - "Caveat Emptor Designation"including a tier change. Stock goes from $0.50 to $0.19 today.
Another sign was a week before this started to happen - another pick - RBNW recommended at $0.30 is now down to $0.03
I remember the big sales pitch when they were acquired about no longer picking otc stocks without a through investigation & analysis.
I bet they are the shorters themselves on these recommendations & walk away with a killing leaving us investors in the dark and broke.
More bad news to come I expect....
Trademasters Pro is a classic pump/dump scam. Over the course of a year I followed their advice, hoping one loss would be offset by another gain. Never happened. My total investment of over $150,000 is now on the critical list. Clearly, I need help. Is anyone similarly affected willing to join me in a class action civil lawsuit, criminal complaint or other joint action?
All their stock picks are losers. Give you picks, as price goes up, has you buy more. Then the bottom drops out. 5 different stocks down over 80% with no chance of coming back. Im sure they own it prior to running up the price. Then dump it & leave you holding the bag. They put out phony reports to persuade you to buy & give you phony targets that are never acheived. All of the pink sheet recommendations never go up, only down. Clearly a ripoff company. Not sure how they get away with it.
These guys are definately scam artists at Trademasters Pro. I have lost thousands of dollars in their pump and dump schemes. I have also found many more people on the internet that have also lost thousands of dollars. If you want a chance to get back a portion of your losses, you need to call the New York FBI office. The more people that call the FBI the better off we will all be when it comes to stopping these crooks. Names I have dealt with at Trademasters Pro are Dennis Verderosa, Sergio Ramirez.
Stay away from these people they are liars and crooks.
I paid $199 for a promotion to a stock picking service available on www.trademasterspro.com & was urged by "Dennis" multiple times to buy as many shares of ICEIF as I could because the stock was going to be rocketing up in the near future. I've ended up losing over $2000 on the 1500 shares I bought. I know there's risk in buying small stocks & would dismiss the sales pitches as "puffing" except that he INSISTED on knowing each time he called whether I'd bought the stock &, if so, how many shares of it & what I'd paid. That's when I became uncomfortable & told him it was none of his business, whereupon he would appear to become angry about my "wasting his time" & hang up on me. I, too, asked for my subscription payment to be returned, & the company refused.
They ....TRADEMASTERS PRO (John Gold) advise you on penny stocks to purchase. Then they tell you to get more, pump up price.
Then they under-sell your purchase. Your Stocks drop 85%. You lost your money. You can't even get it back easily. Because; it's not worth any. No one wants it.
BEWARE.....DO NOT do business with them. Be very very careful!! You will lose. Guarantee 'sucker'
I am looking for message boards and people that have been burned by bad advice.
I am truly sorry for your loss and terrible experiences. There are good firms out there that actually want to help you.
Anyone who wants quality research on good quality companies, no penny stocks, check out www.vikingcrest.com.
You can sign up for a Free Trial for two weeks to test out the service - no credit card or anything required.
I signed up with Trade Masters Pro in January, 2017. I paid $150 for a 4 month "Trial Subscription." (I should have known better.) I asked to have my $150 returned the very next day, but they just handed my off to another fast talking "associate." So I went with it for two months before I cancelled my subscription, as I didn't want them to eventually charge my credit card for another round of worthless information.
They call you and tell you how great some stock is, how it's going to take off, how much money you are going to make. Then they want to know how many shares you will commit to buying. You are not buying the shares from them, but they really pump you to buy several thousands of dollars of a certain stock. I don't know why they are so adamant about getting you to commitm to buy a lot and buy it now. I was hung up on twice by my "advisor" Dennis when I wanted to observe the stock and see if it would move to the upside before commiting any funds. Some of their recommendations are ligitimate companies, others are penny stocks.
I was given 5 stocks to buy in January. Two months later, 3 of the stocks were up by 1%, one was down by 5%, and the fourth stock was down by 46%. The fifth stock recommendation they gave me a month after joining, also a penny stock, hadn't gone anywhere in a month. Dennis continued to call me pumping up the latest penny stock, but seemed to forget that his other stock picks had gone down by 40%. He hung up on me when I mentioned that. That's when I decided to cancel my subscription and write this review. I don't want Trade Masters Pro calling me anymore. Penny stocks are so dangerous, it's hard enough to make money with legitmate companies.
.I always though if you really are good at picking good stocks, and actually make money in the markets, why are you calling me? Why aren't you at home on the computer making millions? Why do you need me?
In summary:
In 2 months I would have been down 40 something percent if I would have bought their horrible stock picks. (January and February 2017 were good months in the stock market, and Trade Masters Pro couldn't pick winners.)
I found them to be rude.
My impression is they resemble a boiler room opperation.
I'm upset with myself that I gave them the $150 in the beginning, but it would have been a lot worse if I had taken their advice.
Trade Masters Pro are scammers.
Trademasters Pro is a classic pump/dump scam. Over the course of a year I followed their advice, hoping one loss would be offset by another gain. Never happened. My total investment of over $150,000 is now on the critical list. Clearly, I need help. Is anyone similarly affected willing to join me in a class action civil lawsuit, criminal complaint or other joint action?