» Business & Finance » Complaint / Review: Kent Woodhouse & Associates Formerly AFL Arbitrage Systems - AFl Arbitrage - Scam or just very poorly managed, QLD Othe. #302691

Complaint / Review
Kent Woodhouse & Associates Formerly AFL Arbitrage Systems
AFl Arbitrage - Scam or just very poorly managed, QLD Othe

Just like Susan and the others. I too was taken in by This companies salepeople and glossy brochure. Everything that happened to Susan and the others, also happened to me. I bought into the scheme in January and was told I could access my account by phone at anytime (never happened), then I was told that a statement would be sent out every month (never happened), I was then informed that statements would be sent out quarterly (I received 1 in March 07 with a balance of $1094 and another in July 07 with a balance of $0.00) that was it. I have contacted their office on many occassions and was told each time that I had to speak with Jeff Kent, but suprise, suprise he was always unavailable, either on another call, out of the office, in a meeting or away (he must have been the busiest person in Queensland) When he finally returned my calls (on 2 occassions to date) he stated that they were having problems placing large deposits with bookies. I would have thought that if your were going to market a system then you would have fine tuned and field tested it to see if it worked before offering it to the public.
Finally I was advised that everything was back up and running and that all accounts would be reimbursed and the program re started with all accounts being backdated.
As of this date I still have not received any written documentation from Jeff Kent or anyone else detaining exactly where my account is, I have been advised verbally that it is around $2400
My investment is due to mature in 8 months and I seriously doubt it will meet the figures quoted by either the companies sales people or their brochure.

I have look at all the other reports posted about this company and firmly believe that they are not capable to achieving anywhere near the results they quote.

Please avoid at all costs



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