Oracle Systems & My Bet Shop
Consumer Report

At the start of August1 I was bombarded by phonecalls from a representative from Oracle Systems to invest money in their company with the promise of huge returns.
They sent a portfolio to me showing a return of a minimum of $40000 in the last 12 month period.
They said on top of that they have averaged payouts of this amount plus in the last 10 years.
After the initial phonecall i said i wasn't that interested & they continued to phone me at least twice a week saying places were filling fast.
After checking my account during the first month i noticed my balance of $8000 was going down fast & was down to $1000. I phoned the company to queuery this & they explained that $7000 was a management fee & the remaining $1000 was used to place bets at My Bet Shop. This was very misleading & they certainly didn't tell me this when i invested my money.
I feel the ACCC or Department of fair trading should investigated this company as they are a scam.

Company: Oracle Systems & My Bet Shop
Country: USA
State: California
City: Redwood Shores
ZIP: 94065
Address: 500 Oracle Parkway
Phone: 8006330738, 8003922999
Site: oracle.com

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