Khwaedi M

XCHANGE INVESTMENT TRAINING IS A SCAM

I was approached by one of the consultants in 2013. Promised me training to trade with JSE directly from my laptop, by installing their software and offering training. He then offered me a CD and book, I then informed him that I don't have cash to start trading. He then indicated they can apply or a loan for R18 000. A trading account will be opened for me and funds deposited into the account. I paid the account for twelve months without any training and communication with Xchange Investment. I stopped the loan repayment and a company called Traceonline contacted me on behalf of CTI International Finance that I owe the company. They informed me they have financed my loan with Xchange Investment. They even served me with the summons. I indicated to them I don't have a problem with their loan to me via Xchange Investment. My only problem is that I have never seen the account they have deposited the funds into. I don't have an account with them. They then went to credit bureau to blacklist me.