Pegasus Leveraging/Accounting Pty Ltd
Arbitrage, win/lose/draw on sporting events which in theory sounds great but, in practise, does not work otherwise PEGASUS would be using their own software to make money. It's a dud - to be avoided

The two previous complaints provide good insight into the failings of the PEGASUS betting software scam.
FOR POTENTIAL BUYERS, read the recent article 'You can bet you'll lose your money' by Mr Peter Kell, Deputy Chairman of the ACCC.
For the record, I complained to the Office of Fair Trading, Queensland. Their response - 'schemes of this nature are being looked at by them and should any breach of legislation be established, the responsible entity will be prosecuted'. They also mentioned the Small Claims Tribunal, Brisbane who can adjudicate disputes up to $7,500. Has anyone lodged a claim with this tribunal, and if so, the outcome?
Also filed a report with the ACC's Scamwatch.
May also obtain a ruling by the ATO (in order clip their wings) because, according to case law, computer betting is tantamount to carrying on a business despite PEGASUS statements to the contrary. This has implications, ie. An ABN would be required, a SMSF sole purpose test could be compromised.
And whilst a refund would be desirable, it is more important to name & shame pegasus in order to put a stop to the scam.

Company: Pegasus Leveraging/Accounting Pty Ltd
Country: USA
City: Brisbane
Address: 333 Ann Street
Phone: 1300598335

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