Lost R8000 through Forex trading

I lost R8000 in 6 months after Lucre Ultimate Solutions (reseller for Diversit-e) gave me a written guarantee that I will make a profit of $10 a day through Diversit-e smart trade college by doing Forex trading. The salesman (Jaco Grobbelaar) explained to me that it is very easy and will only take a couple of minutes a day to do this. I told him that it sounds to good to be true, but he insisted that it is as easy as explained and that they will give me a written guarantee. I signed up as I had nothing to loose since I had a guarantee that I will receive my money back if I do not make the profit. I obtained the R34 500 through a loan by the financial institution recommended by Diversit-e called CT international.

After several "training" sessions I was still making a loss, and the Diversit-e person (Ernst Marais) in more that one training session said that I am doing everything correct. He then requested me to start reading Forex news daily and look at economic calendars daily. This started taking up a huge amount of time every day, and still I made losses. Several times I would send the trainer/expert a whatsapp before doing a trade, and after his blessing still made huge losses.

When I eventually insisted that they honor their guarantee and return all my money Evert Oosthuizen informed me that they will only return the original capital, and not the interest. The guarantee stipulated MONEY BACK guarantee. The settlement agreement they sent me first did not even stipulate that they will refund the R34 500. After months of fighting and e-mails they eventually sent me a settlement agreement that stipulated that they will at least refund the R34 500 and the monthly R249.99 I paid directly to them for their "expertise and advice" I had no option than to agree to this to prevent loosing even more, and legal fees just did not make it worth fighting this.

So be warned. They will promise you the moon, but you will walk out as the looser in the end.