Gary D

IS MEGA / Market Masters Direct scam

I have also been scammed by ISMEGA, now trading as Market Masters Direct. I bought into the idea of using ISMEGA trading platform because it looked like an good business opportunity to trade the stock market. The problem comes in when a good business opportunity is run by fraudsters that is only interested in scamming people instead of building a solid business. I traded the 6 months simulation period and followed the rules to the last tee. After 6 months and 15 trades, as expected to do, the growth on my simulation shares only amounted to 1.1%. According to the contract, anything less than a guaranteed growth of 25% will lead to my R25000.00 being paid back. I have send my entire profile to ISMEGA for scrutinizing and analysis. When I heard nothing from them I started to follow up and every time there was another excuse. Eventually no calls came back and no response on emails was received anymore. Still I followed up and eventually after about 6 months I was notified that I will not receive my money back and no reason was given either. When I requested a meeting with the analyst who turned down my portfolio for refund, I was told that he does not work there anymore. Another time I was told that he travels allot and could not commit to a meeting. Totally BOGUS! Now I am trying to stop the debit order and doing this is even harder. Numerous attempts and direct email instructions to stop the debit order has been send but no response except that the debit order of 275.00 goes off every month like clock work. ISMEGA now trading as Market Masters Direct is currently taking my money on a monthly basis without my authorization...what do you call that? Please people, do not get caught by this scam. They only make huge promises because all they want is your money and have NO intention of honoring their promises.