Luke Borg is a South African scamer

He lives In Capetown South Africa and he has scammed a lot of people, Luke give our money back you thief, people be aware of him.

Dear Luke,

I know you are reading this email all the time but this time we will come in a group.

We have had no updates for the past many many months and the only excuses you ever had was "we are on track etc..." We cannot lose our money just like this. You have to give us explanation. There were too many times you cried wolf and now we demand for an answer. What happened to our money right now? Can we trust you for our money? What happened to the trade? You have taken lots of time needed to enter the trade but till now we didn't hear from you.

Times are bad we need the money back....

Guys, we have been fooled for so many years and now is time for us to stand up for ourself and demand what we should demand off now!!!! I have said this so many times I will report to the authorities last time but I kept thinking you will give us the hope. Now is too late, I have to move forward now.

At least give us back the refunds! If you still want to support Luke please give us your reasons!

Astro

Originally Posted by Unregistered He lives In Capetown South Africa and he has scammed a lot of people, Luke give our money back you thief, people be aware of him. Dear Luke, I know you are reading this email all the time but this time we will come in a group. We have had no updates for the past many many months and the only excuses you ever had was "we are on track etc..." We cannot lose our money just like this. You have to give us explanation. There were too many times you cried wolf and now we demand for an answer. What happened to our money right now? Can we trust you for our money? What happened to the trade? You have taken lots of time needed to enter the trade but till now we didn't hear from you. Times are bad we need the money back.... Guys, we have been fooled for so many years and now is time for us to stand up for ourself and demand what we should demand off now!!!! I have said this so many times I will report to the authorities last time but I kept thinking you will give us the hope. Now is too late, I have to move forward now. At least give us back the refunds! If you still want to support Luke please give us your reasons! Astro

Sorry you lost money with this scammer, he also ran a scam called HYIP EFFECT, many people lost all their hard earned money, I hope that some day he receives what he deserves, jail.

Me too, I was scam by this assh_ole

Top 10 Investor scams

Whether it is through the Internet or in the real world, investment scams are a fact of life. Here is a list of the top ten investment scams compiled by the California Department of Corporations:
• Promissory notes The illegal and fraudulent sale of promissory notes and unlicensed broker-dealer activity by the sales agents marketing them. Some legitimate brokers are selling these promissory notes unaware or misunderstanding what they are selling.
• Internet fraud Through the use of Internet, scamsters are plying their trade by making illegal and fraudulent investment offerings, engaging in market manipulation, conducting insider trading and acting as unlicensed broker-dealers.
• Telemarketing fraud Boiler room operations are not new. High pressured telephone sale tactics are being used to part innocent investors from their money by encouraging investors to invest into worthless investments.
• Investment seminars and financial planner activity Many investment seminars and financial planner activity are carried on without the required licenses. The organizers of these seminars fail to disclose conflicts of interest and hidden fees and commissions. Many investment seminars are not sincerely aimed at aiding investors on how to invest but are trying to sell certain financial products in which the organizer has an interest.
• Affinity group fraud Affinity group fraud is the fraud against religious, ethnic and professional groups by members of these groups or persons claiming to provide assistance to these groups. Members of these groups are lulled into a false sense of security believing they can trust a group member who is merely a wolf in sheep’s clothing trying to encourage the purchase of a worthless investment.
• Abusive sales practices by licensed broker-dealers and agents These practices include sales of securities to unsuitable investors, failure to disclose critical information, fraudulent offerings of securities and market manipulation of low-priced microcap offerings.
• Viatical investment scams According to the Department of California Corporations, "Viatical investment companies solicit investors to buy interests in the death benefits provided for in life insurance policies of terminally ill patients, including AIDS and cancer patients. The insured receives a discounted percentage of the death benefits in cash to allegedly improve the quality of their lives in the final days. Investors get their share of the death benefit when the insured dies, less a brokerage fee for the viatical investment broker." These investments are extremely speculative because of the uncertainty involved in determining when some is going to die.
• High tech products and services There has been an increase in the number of illegal offerings of high tech investments. These offerings promise high profits with no risk. These investments include investing in 900 number investments, Internet service providers and high tech virtual reality shopping malls.
• Entertainment As with high tech products, some scamsters are promoting investments in movie deals and other entertainment products with promises of guaranteed profits without disclosing the risk.
• Ponzi/pyramid schemes/bunco Ponzi schemes occur where tremendous rates of return are paid to initial investors out of funds from later investors, who end up losing all of their money when they wish a return of their investments. A pyramid scheme involves the collection of money from individuals at the bottom (new investors) to pay the initial investors at the top. The object of the scheme is to recruit new members rather than on selling the product or service. Finally there is the prime bank investments scheme. Here the promoter tells the innocent investor that there are certain prime international banks that pay exorbitant interest rates. These investments according to the promoter are quite secret and only available to select investors. The investor lends his or her money only to find out that there are no such banks and that he or she lost all of his or her money.



These two fit perfectly well in Luke Borges scam:

Internet fraud Through the use of Internet, scamsters are plying their trade by making illegal and fraudulent investment offerings, engaging in market manipulation, conducting insider trading and acting as unlicensed broker-dealers.
Abusive sales practices by licensed broker-dealers and agents These practices include sales of securities to unsuitable investors, failure to disclose critical information, fraudulent offerings of securities and market manipulation of low-priced microcap offerings.

Wow, so now the scammer is angry and threats to hire a lawyer, well Mr Scam you better hire a lawyer because you are going to need one. We are a group of about 30 members who are not going to let you go away with our money idiot.
The height of cynicism

This scammer does not have even the balls to tell the true, to show his face, He has not paid members in his private scam for years now; I gave him the benefit of doubt long time ago, but excuse after excuse, after excuse.
Members have lost their hard earned money with his two scams, Hyipeffect and the Private Investment scam he invented.
Can we at least report him to the South African Authorities?
Members in his private Investment are really angry, and I am not talking about the 5 cheerleaders he has in Rolclub forum, also a moderator of that forum (Investot) is spying for him, looking for IP addresses from members who have uncovered this scammer.

Astro

Astro you have been bleating on about this for a long time now. If you feel the need to take action, then do it. Don't keep trawling the forums looking for support. Just go ahead and do it!

I have funds with Luke and I am quite happy with the communication. I know exactly where I stand. Why don't you?

Luke has offered you a refund, but you won't tell him who you are. How do you expect him to refund someone he only knows as Astro? This just makes you look stupid. Luke will be happy to refund you and see the back of you.

As I said to you a long, long time ago. Put up or shut up.

Originally Posted by Unregistered Astro you have been bleating on about this for a long time now. If you feel the need to take action, then do it. Don't keep trawling the forums looking for support. Just go ahead and do it! I have funds with Luke and I am quite happy with the communication. I know exactly where I stand. Why don't you? Luke has offered you a refund, but you won't tell him who you are. How do you expect him to refund someone he only knows as Astro? This just makes you look stupid. Luke will be happy to refund you and see the back of you. As I said to you a long, long time ago. Put up or shut up.

Members do not want updates, members want their hard earned cash after all these years, the fact that you are one of his few bootlickers does not mean that mayority of members are happy, and yes soon there will be legal action but not only from me, we are a lot of members now who are not going to let this scammer go away.

Originally Posted by Unregistered Members do not want updates, members want their hard earned cash after all these years, the fact that you are one of his few bootlickers does not mean that mayority of members are happy, and yes soon there will be legal action but not only from me, we are a lot of members now who are not going to let this scammer go away.

Bull****! You are a loner and you are all mouth. You said that you had started legal action last September. That was a lie. You said you had a group of people who had joined you in this action. More lies.

You didn't do anything then, you won't do anything now. You're just an annoying noisemaker.

Originally Posted by Unregistered Bull****! You are a loner and you are all mouth. You said that you had started legal action last September. That was a lie. You said you had a group of people who had joined you in this action. More lies. You didn't do anything then, you won't do anything now. You're just an annoying noisemaker.

And you are supporting a thieve and a scammer so that makes you a stupid fool or maybe his partner, more than 3 or 4 years of pure Bull**** *******, what do you spect members to believe?
Even an idiot like you would realized by now that this is just a fricking scam.
We will see about the legal action, same as the scammer Luke that says has no money even to eat and now treats to hire a lawyer.
Lets see what will be the advice in the South African embassy in my country.
How much will you receive for being his partner and his *****?