Profitable Group has been in the news lately for all the wrong reasons and there is a large and growing number of investors who believed that they have been scammed and lied to.

Togetherness is strength. If you are also a victim of profitable group, please enter your grievance in the form below.

However, Do not spam by posting more than once. Post only for yourself and ask your friends to post themself if they are also vicitmised. If you have to post for your friends as they are not net savy, please get their permission to do so.

Please be more specific in the investment you are in like Colchester(Spring Grove), Concorde Village or Boron investments instead of "land, energy" If you need to provide more details, use the additional info box. Please refrain from writing essay. Please provide at least a real email for us to contact you to group together to file a lawsuit against them
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What you have been promised verbally or on paper.
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Monday, June 7, 2010

Profitable Group victim (Irfan Samat)

Name: Irfan Samat

Total Investment amount USD$2000

Products/Schemes invested in: Boron CLS Bond

What you have been promised verbally or on paper. A 12.5% return after 6 months. Company to payout and make good within 30 days of maturity if I choose not to rollover. It was guaranteed as they had 'pre-sold' their products, implying there should not be a cash flow problem. Also told verbally that the only risk I faced was the currency fluctuation risk between USD and SGD.

Additional information My investment matured in mid-October 2009. I should have received my principal plus returns by mid November. Have been passed from manager to CSO. Company was very unhelpful and very evasive. My last conversation with a CSO was in March and he was even rude to me, insisting that I should be understanding as investments all over the world were failing.

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Date/Time: 2010-06-07 21:05:09 PDT
Sender IP: [Singapore] | e8gfom1pl1t5xkca

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