TLC Investments Review
Beware Investors TLC Investments – Regarding registration of issuance, offer or sale of securities/derivatives, and reporting requirements
Who is TLC Investments:
TLC Investments is a company that claims to offer services such as forex trading, binary options, cryptocurrency mining, and asset management. According to its website, it has offices in Canada, the UK, and Australia. However, the ASC has found that TLC Investments is not registered to trade in or advise on securities or derivatives in Alberta and that it may be involved in fraudulent or illegal activities.
Regulation Of TLC Investments:
The ASC is the regulatory agency responsible for overseeing the capital market in Alberta. It enforces securities laws and protects investors from unfair, improper, or fraudulent practices. The ASC has issued a warning to investors about TLC Investments, stating that it is not registered with the ASC and that it may pose a risk to investors. The ASC also advises investors to check the registration status of any person or company offering securities or derivatives before investing.
Location Of TLC Investments:
TLC Investments claims to have offices in Calgary, London, and Sydney. However, the ASC has not been able to verify the existence or location of these offices. The website of TLC Investments does not provide any physical address or phone number for its offices. The only contact information available is an email address and a web form. This raises doubts about the legitimacy and transparency of TLC Investments.
Services Offered By TLC Investments:
TLC Investments claims to offer a range of financial services, such as forex trading, binary options, cryptocurrency mining, and asset management. It promises high returns and low risks to its clients. However, these services are not regulated by the ASC and may involve significant risks and fees. Moreover, TLC Investments does not provide any evidence or disclosure of its performance, fees, risks, or strategies. It also does not provide any terms and conditions or contracts for its services.
Reviews Of TLC Investments:
There are very few reviews or testimonials available online about TLC Investments. The available ones are mostly negative and warn potential investors to stay away from this company. Some of the complaints include losing money, not being able to withdraw funds, not receiving any communication or support, and being pressured to invest more. There are also reports of TLC Investments using fake names, credentials, and endorsements to lure investors.
Customer Service Of TLC Investments:
TLC Investments does not provide any reliable or responsive customer service to its clients. The only way to contact them is through email or web form, which often goes unanswered or ignored. There is no phone number or live chat option available. Many clients have reported that they have been unable to reach TLC Investments after investing money with them. Some have also reported that they have been blocked or threatened by TLC Investments when they tried to get their money back.
Securing Your Investments Against Unscrupulous Brokers:
If you are considering investing in securities or derivatives, you should always do your due diligence and research before making any decision. Here are some tips on how to secure your investments against unscrupulous brokers:
– Check the registration status of any person or company offering securities or derivatives with the ASC or other provincial regulators.
– Ask for and read carefully the terms and conditions, contracts, disclosure documents, and performance reports of any investment product or service.
– Be wary of unsolicited offers, high-pressure sales tactics, unrealistic promises, guaranteed returns, or low-risk schemes.
– Do not invest more than you can afford to lose or risk.
– Keep records of all your transactions and communications with the broker.
– Report any suspicious or fraudulent activity to the ASC or other authorities.
Conclusion:
TLC Investments is a company that claims to offer various financial services, but the ASC has warned investors about its registration and compliance issues. TLC Investments may be involved in fraudulent or illegal activities that could harm investors. Therefore, we advise investors to avoid dealing with TLC Investments and to follow the tips above to secure their investments against unscrupulous brokers.
