Options Rider scammers stole $4.1 million, $1.3 million recovered


Decisions Rider was a Ponzi scheme launched all the easiest way once more in early 2015.

The rip-off was supposedly headed up by “Bob Roberts”.

To the best of my knowledge though no particular person ever actually had any verifiable contact with Roberts.

Roberts was moreover tied to BancdeOptions, a corporation used to launder invested Decisions Rider funds.

By late 2015 Decisions Rider had collapsed. Bob Roberts was killed off in early 2016 and the scammers behind Decisions Rider disappeared.

Decisions Rider operated by way of monetary establishment accounts in Australia.

No matter Decisions Rider being a fraudulent agency, in mid 2015 a liquidator was appointed. In some unspecified time sooner or later the Australian Securities and Investments Price (ASIC) moreover obtained involved.

In response to a weblog publish by Veritas Advisory;

The Liquidator’s investigations have moreover revealed that fairly a number of deposits have been made to the Agency’s monetary establishment accounts from inside Australia and from fairly a number of overseas worldwide places.

The Liquidator’s analysis has acknowledged deposits of roughly $5.4 million and withdrawals of roughly $4.1 million.

Thus far, the Liquidator has recovered roughly $1.3 million from the Agency’s monetary establishment accounts.

Supposedly by order of the Australian Federal Courtroom, a portion of the recovered funds is to be returned to Decisions Rider merchants.

I don’t have entry to the actual court docket docket order, so particulars are sketchy.

Veritas Advisory are claiming the

the Liquidator now requests depositors who made deposits into the Agency’s monetary establishment accounts in the middle of the interval from 29 January 2015 to 1 December 2015 to contact our office.

I’m often terribly cautious of any third-party promising rip-off victims the return of some or all of their money.

As far as I can inform though Veritas Advisory appears to be an actual third-party with locations of labor all through Australia.

I’ve no motive to doubt proceedings related to Decisions Rider.

For individuals who misplaced money in Decisions Rider and should present it on paper, it could be worth getting in touch.

Sans liquidator fees and what not you’re more than likely not going to get once more rather a lot, nonetheless one factor is more healthy than nothing.

Take into accout the usual pointers nonetheless apply for rip-off sufferer restoration efforts; If at any degree you’re requested to pay a fee – run.