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  • Report:  #277850

Complaint Review: Nu-Tech Software Pty Ltd Trading As Nu-Tech Advantage

Nu-Tech Software Pty Ltd Trading As Nu-Tech Advantage Computer Software Betting Scam Queensland Australia

  • Reported By:
    Qld Other
  • Submitted:
    Tue, October 09, 2007
  • Updated:
    Tue, September 23, 2014
  • Nu-Tech Software Pty Ltd Trading As Nu-Tech Advantage
    5 Maris Street Southport Queensland
    Queensland, Australia, Nationwide
    Australia
  • Phone:
  • Category:

Anatomy of a Computer Betting Software Scam - Nu-Tech Advantage

Can a computer program predict the future? A handful of Queensland based companies peddling betting software programs believe their programs can see into the future and identify the winner of any horse or greyhound race.

Identified by the Australian Competition and Consumer Commission as one of the top 20 complained about matters, the betting software scam has become as Queensland as XXXX and cane toads.

Preying upon bus loads of cashed up Japanese tourists whose only English consists of waving peace signs before a camera flash and asset rich retirees riding the waves of the sea-change exodus, betting software scam companies are extracting between $1,000 to $18,000 from each victim.

At an age when young girls are swept up by strident legions of omnipotent Hiltonism and Lohanism, Denise refuses to leave grandmothers fairytales, let alone enter the world of horse race gambling.

Estranged from rudimentary adolescent angst by the prospect of talking frogs and giggling rabbits, Denise solicits refuge in tales of elegant princesses roaming enchanted forests at the bottom of grandmas overgrown garden.

In the garden, in her impenetrable solitude, a downpour of roses gush cacophonies of crimson red as a torrent of petals caress her bare shoulders. Fear and insecurity are buried beneath the earthly bones of bulbous oaks whose leafless tentacles fracture into the undulated sway of the dark blue quilt ceiling.

A damp forest scent modulates through dark shadows, licking the moss-covered floor and wraps its body around water stained bark. In this place Denise is crowned a princess. The predatory shards of reality - a world in which she is labelled special - could not disconnect her from the embrace of Grandmas garden.

The secret garden world evaporates into the jostling clutter of Westfield Parramatta food court and Denise's crown becomes a visor emblazoned with the logo of a multinational fast food chain hugging her matted blonde hair, sewn together by sweat and grease.

At the end of her shift Denise heads straight for the bookshop. Trawling the shelves for tales of magic worlds and princesses, she makes lists of books she wants to buy with her weekly pay-check.

One afternoon, as Denise weaves between slow moving mothers with strollers and distracted shoppers conversing on the phone, a sales representative suddenly obstructs her daily pilgrimage to the bookshop.

How would you like to generate a reliable, consistent profit from the comfort of your own home? I can show you how to escape the workforce and change your lifestyle says the sales representative.

Denise explains to the man that she just wants to go to the bookshop. Evelyn, the bookshop owner is expecting her.

Our aim is to help the average person, at home, generate a consistent and reliable profit from the comfort of his or her own personal computer says the man

Denise informs the sales representative that she only needs money to buy books, but fails to curb his frothing exuberance.

We provide you with cutting edge technology that helps you win money by betting on horse racing. We would be honoured to help you earn a significant income he says.

The sales representative from Nu-Tech Software Pty Ltd leaves Denise wondering. Wondering how proud Grandma would be if she could earn all that money.

Buried in the backwaters of Gold Coast's thirsty brown suburbia, Michael Ryan, sole Director of Nu-Tech Software Pty Ltd operates a Southport based company offering the most advanced thoroughbred software available on the market today.

From the humble Maris Street corporate headquarters, Nu Tech is making a limited time offer to people from all walks of life to purchase cutting edge software, unlimited training sessions from its qualified representative nationwide, ongoing customer service and support.

Nu-Tech's flagship software package, a result of more than five years research and development into racing trends around Australia and other international venues can be purchased up-front with one payment of $18,000 or Nu-Tech organised, third party finance.

Nu-Tech may have only come into existence 10 months ago, but within that time the company has undertaken five years of research, which is a truly astonishing result and a testament to Nu-Tech's relentless pursuit of research excellence.

Nu-Tech appreciates that not everyone can afford to purchase the cutting edge computer software technology to fund the lifestyle transformation from minimum pay wage slaves to debonair aristocrat of the racetrack. Eighteen thousand dollars for computer software package is a considerable investment.

Rogue Gold Coast loan sharks camouflaged as legitimate third party lenders and financiers will be on call to provide up to $18,000 to potential purchasers at interest rates that will make no-doc lenders blush and whimper.

A win/win situation for both the lender and Nu-Tech. The third party lender rakes in exorbitant interest payments and Nu-Tech receives a commission for each loan written.

When the refund is requested the real claws come out. Those complicit the solicitors who drafted the purchase agreement and the loan agreement and the lender who financed the purchase of the program suddenly emerge from the same building, signed deeds and documents ready at the holster.

Denise was one of the lucky ones.

Bretton venrock
Qld
Australia

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6 Updates & Rebuttals


sirbobo

newcastle, nsw.,
Alabama,

ne-tech

#7Consumer Suggestion

Sun, September 21, 2014

i'm hear to help please ph, 0422338806


Sp

Parramatta,
Australia,
Australia

Nu-Tech are probably (not sure though) now operating as some company called, "Profit Performer"

#7Consumer Suggestion

Fri, June 20, 2008

Some more updates on Nu-tech advantage (COns) Pty Ltd - www.nutechadvantage.com

I recently got a call from one of the Sales cons who first gave me all the information (false promises) about Nu-tech advantage horse racing software!

THat guy called me on my mobile and was trying to sell me this new software called "profit performer" which worked on the same principle. I heard him through just out of curiosity to know what these cons are doing now to other innocent people.

He tells me that Nu-tech advantage is now their competitor and all that BS*

He tells me that he can show me a demo of how it works and the market value of their software is some $30,000 (HAHA). I told him that I had Nu-tech software and they have stopped sending any feeds into my software. I also asked him to ring back within 15 mins for the demo. He must have spoken with his boss and found out the history of my case with their company - so he never called back...

The point is that it is operating under the same principle and probably under a different name. Whether it is the same boss who is operating Nu-techadvantage and the so called, "Profit performer" software, is irrelevant! What is relevant is that they are all operating under the same scam principle and looting all the innocent people!

Their guaranteed profits is just a scam! How can one guarantee profits through horse racing betting???? I was a bloody fool to believe Nu-Tech advantage.

I just wanted the readers to beware of this.

One thing that I fail to understand is - why is the Australian police and the Government not auditing them and doing something about the complaints they have received from so many ripped off people. How can such company rip off people, use all the profits they have earned by ripping people off, then make their "ABN" COmpany name Bankrupt and have no personal liability as the company is Bankrupt,,,,and then float the same product again through a different skin and a different company name?????

I hope the police does something soon before many other innocent people are conned.

Beware guys...I have learnt my lesson a hard way.


Sp

Parramatta,
Australia,
Australia

I lost the CTTT case.

#7Consumer Comment

Sat, February 02, 2008

Dear Brenton,

I was so confident that I would win the case when I appealed for it, but unfortunately they rejected my appeal request. The judge during the first hearing of the case didn't see anything my side for some reason. I felt I didn't get justice and the other party's word was taken over my word due to total lack of written evidence of the refund policy that they had explained to me verbally.

The judge has asked me to resell the software and the Nu-Tech people have been asked to help train the person I sell the software to.

I was given only two option by the judge, to either try and resell the software or just use it myself and be happy with it. No other options...At the end of the day I said I actually have no other option but to choose to resell the software. The judge then wrote something, the other party left laughing and I was left crying. I am so so disappointed that the judge took their word over my word.

When I applied for an appeal I got reply for them that I cannot appeal because the judgement in the previous hearing was taken with my consent (I was shocked, as one can imagine). It seems that because I was helpless to choose one of the options out of the two options that the judge had given me, I had consented to a judgement and thus I cannot appeal no matter how much more evidence I have accumulated.

My $17,000 went down the drain...Goodness, why didn't I read this article of yours before I purchased it? All my curses to those people who run this business of ripping others off their hard earned money.

I don't even want to resell it to any other person and accumulate the bad karma...what can I say now. A lesson learnt a hard way; a $17,000 lesson that will haunt me all my life.


Bretton venrock

Qld,
Australia,
Australia

Company Update

#7Author of original report

Mon, December 31, 2007

These are just general comments about the legal strategies adopted by companies such as Nu-Tech. The first questions to ask is

1) Did Nu-Tech provide you with third party finance to purchase the software? If they did, they need to have complied with Consumer Credit Code and made the appropriate disclosures about interest rates ect.

The main line that the company will most likely run is that the product works and that you are not properly applying the method taught in the training sessions.

Section 42 and 43 of the Fair Trading Act (NSW) 1987 maybe relevant to your case. But I suggest that you obtain legal advice whether from a private practitioner or a community legal centre in your area in order to get assistance in drafting up your submissions and claims to the CTTT.

But I suggest that you approach a Community Legal Centre with your problem. Best of luck.


Sp

Parramatta,
Australia,
Australia

Thank you for this detailed report Bretton. I am a victim of this company.

#7Consumer Comment

Fri, December 21, 2007

Bretton, thank YOU soooooooooooooooo much for this article of yours...

I just wished I would have read this before I got scammed by the same company you are mentioning.

The sales consultant of their company told me that it is a "sure thing" and there are "guaranteed profits" to this. He also told me that if I am not happy then I can always ask for a refund during the training sessions. Thats it! he kept quiet with the refund policy at this point. Then I got interested because I thought they are genuine to give such a offer of refund as well.

I got interested because he showed me the so called "profits" that he had made only during today's race After purchasing the software I realised that even when I click a button on past won races and not the lost ones, then the software paper trades and shows up those profits which were not "real" time profits but just fake manipulated by the software to help them sell it.

THEY NEVER GOT ME TO SIGN ANY DOCUMENTS ABOUT THEIR REFUND POLICY...LIKE CAN YOU BELIEVE THISSSS??? NO SIGNATURESSSSSSSS, NO FORMAL DISCLOSURE OF THEIR REFUND POLICY WHEN THEY PORTRAY AS IF THEY ARE ALL PROFESSIONALS....WOULD A PROFESSIONAL COMPANY DO SOMETHING LIKE THIS?????

I asked them for a refund and they showed me their "CLAWS", their true colour...

Now all of them say that their refund policy was such their I can ask for a refund on during the first three training sessions....CRAPPP...NO one ever told this to me...

I lodged my case with the COnsumer Trader and Tenancy Tribunal. The sales rep who now tells the judge that he explained everything clearly to me, even the three training session refund policy and also that it entailed "RISK" and that it was "NOT a sure thing"...

Because I didn't have any papers to prove my point, the judge settled the case by saying that they are not to give me a refund on the basis of everything being vague on both sides and he said that I must try and resell my software to some other person for which Nu-tech advantage will help me....GOODNESS! I cried a lot even in the hearing room and after coming out of it...

I could see the wicked smile on Nu-tech people's face.

JUSTICE, I didn't get...

BUT AFTER READING YOUR ARTICLE, I GOT HOPE...I WILL NOT LET THIS TO HAPPEN TO OTHERS NOW...

I HAVE JUST CHECKED WITH CTTT THAT I CAN APPEAL THE JUDGEMENT AND TAKE IT UP...I WILL ALSO GO TO THE SUPREME COURT UNTILL I GET JUSTICE...

I WANT MY FULL REFUND AS THE SALES REP HAD TOLD ME...

PLS REPLY BACK WITH SOME ADVICE AS I HAVE SOME MORE TIME TO APPEAL FOR IT


Sp

Parramatta,
Australia,
Australia

Thank you for this detailed report Bretton. I am a victim of this company.

#7Consumer Comment

Fri, December 21, 2007

Bretton, thank YOU soooooooooooooooo much for this article of yours...

I just wished I would have read this before I got scammed by the same company you are mentioning.

The sales consultant of their company told me that it is a "sure thing" and there are "guaranteed profits" to this. He also told me that if I am not happy then I can always ask for a refund during the training sessions. Thats it! he kept quiet with the refund policy at this point. Then I got interested because I thought they are genuine to give such a offer of refund as well.

I got interested because he showed me the so called "profits" that he had made only during today's race After purchasing the software I realised that even when I click a button on past won races and not the lost ones, then the software paper trades and shows up those profits which were not "real" time profits but just fake manipulated by the software to help them sell it.

THEY NEVER GOT ME TO SIGN ANY DOCUMENTS ABOUT THEIR REFUND POLICY...LIKE CAN YOU BELIEVE THISSSS??? NO SIGNATURESSSSSSSS, NO FORMAL DISCLOSURE OF THEIR REFUND POLICY WHEN THEY PORTRAY AS IF THEY ARE ALL PROFESSIONALS....WOULD A PROFESSIONAL COMPANY DO SOMETHING LIKE THIS?????

I asked them for a refund and they showed me their "CLAWS", their true colour...

Now all of them say that their refund policy was such their I can ask for a refund on during the first three training sessions....CRAPPP...NO one ever told this to me...

I lodged my case with the COnsumer Trader and Tenancy Tribunal. The sales rep who now tells the judge that he explained everything clearly to me, even the three training session refund policy and also that it entailed "RISK" and that it was "NOT a sure thing"...

Because I didn't have any papers to prove my point, the judge settled the case by saying that they are not to give me a refund on the basis of everything being vague on both sides and he said that I must try and resell my software to some other person for which Nu-tech advantage will help me....GOODNESS! I cried a lot even in the hearing room and after coming out of it...

I could see the wicked smile on Nu-tech people's face.

JUSTICE, I didn't get...

BUT AFTER READING YOUR ARTICLE, I GOT HOPE...I WILL NOT LET THIS TO HAPPEN TO OTHERS NOW...

I HAVE JUST CHECKED WITH CTTT THAT I CAN APPEAL THE JUDGEMENT AND TAKE IT UP...I WILL ALSO GO TO THE SUPREME COURT UNTILL I GET JUSTICE...

I WANT MY FULL REFUND AS THE SALES REP HAD TOLD ME...

PLS REPLY BACK WITH SOME ADVICE AS I HAVE SOME MORE TIME TO APPEAL FOR IT.

URGENT:

Hi Bretton,

Could you please provide me with you private email address or phone number as I would really need to discuss something with you. I really need your help.

My hard earned money is at stake here.

Thank you...

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