DG
Dolf G
Active since Feb 2021
4
Reviews
0
Industries
Reviews
4 reviews62 months ago
Do not trust LUS as re-seller/Guarantors
Lucre Ultimate solutions is the holder of my guarantee for a Forex trading training provider. The guarantee stated that if I was not to make a 40% ROI after 6 months, my full investment will be paid back to me. I did not make the 40% ROI as mentioned above and claimed my guarantee from LUS. They offered me an extension to the guarantee of 6 months, wherein they agreed to fund my trading account with $150.00, however they did not meet their end of the bargain, and I once again claimed my guarantee. After numerous calls, emails and private messages, they finally agreed to honor the agreement and pay me back the guarantee, but asked to do so in installments due to the difficult financial times experienced in 2020. I had the owner of LUS sign an "Installment Payment Agreement", and they paid the first installment on time. From there things went south, They started ignoring my calls, emails etc., and I gave them ample time to rectify the issue. However, they did not respond, and I was forced to appoint a debt collector agency to try and get them to pay. They did not, and I further had to resort to blacklisting the company through the appointed debt collector, therefore they should not/cannot provide financial services to anyone until he has settled his default payment(s). If they would've met their part of the guarantee, the unpleasantness would not have occurred.
0 replies
63 months ago
Gaurantee Payment not met
Lucre Ultimate solutions is the holder of my guarantee for a Forex trading training provider. The guarantee stated that if I was not to make a 40% ROI after 6 months, my full investment will be paid back to me. I did not make the 40% ROI as mentioned above and claimed my guarantee from LUS. They offered me an extension to the guarantee of 6 months, wherein they agreed to fund my trading account with $150.00, however they did not meet their end of the bargain, and I once again claimed my guarantee. After numerous calls, emails and private messages, they finally agreed to honor the agreement and pay me back the guarantee, but asked to do so in installments due to the difficult financial times experienced in 2020. I had the owner of LUS sign an "Installment Payment Agreement", and they paid the first installment on time. From there things went south, They started ignoring my calls, emails etc., and I gave them ample time to rectify the issue. However, they did not respond, and I was forced to appoint a debt collector agency to try and get them to pay. They did not, and I further had to resort to blacklisting the company through the appointed debt collector, therefore they should not/cannot provide financial services to anyone until he has settled his default payment(s). If they would've met their part of the guarantee, the unpleasantness would not have occurred.
0 replies
63 months ago
Stay Away from Lucre Ultimate Solutions (LUS)!
LUS was originally a reseller for Diversit-e Smart Trade college and is now a reseller for Sharetrackin. I did not make the promised 40% ROI, and claimed my guarantee from LUS. After a few conversations, an extension to the guarantee was agreed to, but LUS did not meet their side of the agreement. Again a lot of calls and emails later, they finally agreed to settle my guarantee, but added that due to the difficult economic times, they would do so in installments. I had Evert Oosthuizen sign an installment payment agreement, and a demand for payment letter. They met only the first installment, whereafter they started ignoring my calls, emails and messages. Long story short, I have had employ a debt collector and finally had to list Evert Oosthuizen as a defaulter on the National Defaulter Database (i.e he is now blacklisted). As I understand it, as they claim to be an FSP, he may no longer provide any financial services due be being listed. I would advise anyone not to sign any agreements/guarantees or the like where LUS is involved. PS. Diversit-e was extremly helpful when things started to go south with LUS and I must commend them therefore.
0 replies
63 months ago
Lucre Ultimate Solutions(LUS) : Stay Away!!
LUS was originally a reseller for Diversit-e Smart Trade college and is now a reseller for Sharetrackin. I did not make the promised 40% ROI, and claimed my guarantee from LUS. After a few conversations, an extension to the guarantee was agreed to, but LUS did not meet their side of the agreement. Again a lot of calls and emails later, they finally agreed to settle my guarantee, but added that due to the difficult economic times, they would do so in installments. I had Evert Oosthuizen sign an installment payment agreement, and a demand for payment letter. They met only the first installment, whereafter they started ignoring my calls, emails and messages. Long story short, I have had employ a debt collector and finally had to list Evert Oosthuizen as a defaulter on the National Defaulter Database (i.e he is now blacklisted). As I understand it, as they claim to be an FSP, he may no longer provide any financial services due be being listed. I would advise anyone not to sign any agreements/guarantees or the like where LUS is involved. PS. Diversit-e was extremly helpful when things started to go south with LUS and I must commend them therefore.
0 replies
Review Distribution
5 Star
0 (0%)
4 Star
0 (0%)
3 Star
0 (0%)
2 Star
1 (25%)
1 Star
3 (75%)