[Admin note: this thread had been edited to remove references to an Australian company associated with Henry Kaye, which no longer operates. This has been done to avoid future confusion with other similarly named but unrelated companies.]
Hi all,
I just need to some advise on what has happened to me in the past 24 hrs regarding a [company associated with Henry Kaye]. They source properies for you and try to get your business after you have attended Henrys Kayes 15 Investment Seminar.
I too did the HK course about 1 year and 3 months ago. After completing I also signed up for the [company associated with Henry Kaye]. (Yes I was naive and stupid). Cant change it now.
The fee is initially $3850 to register with them. That will just put u onto a waiting list of people before you can buy your property. Once you name has been selected you can choose a property of their list and if you buy 1 you need to pay an additional $6600 to them.
They promise that their properties double in value every 3-4 years.
Ok fine. I signed up. Paid an initiall deposit of a $600. After 3 months i became wiser and decided to cancel my registration. So i went to the consultant and said "Please cancel my subscription".
He said thats fine BUT I LOOSE my $600 if I cancel.
I decided they can have my $600 for payment of wasting their time. The end right.
5-6 Months later I get a call again from [company associated with Henry Kaye] saying "We know you cancelled, but how about you setup a joint venture with someone to pay us the remaining $3250 registration fee. I declined, was bit surprised that they still call me after I cancelled and said "No thank you, Not interested with [company associated with Henry Kaye], please cancel my account". Again the consultant said thats fine but we keep your $600.
I'm thinking "Oh my god yes you can keep my $600. Just cancel my registration and leave me alone.
Another 5-6 months past I get a call from [company associated with Henry Kaye] again. This time a new consultant says "We have a special going on this month, although your account is cancelled, we can put u onto the registration list for $1000". AGAIN i said, no thank you as I have already cancelled my account and dont want anythign to do with you. He sounded a bit upset but fine not my problem. NO means NO. For crying out loud.
Now comes the whamy. About 3 months later yesteday Friday the 25th of JULY, I get a letter from [company associated with Henry Kaye] stating:
"NOTICE OF INTENTION TO SUE,
Take notice: unless the above amount ($3250) is paid within 7 days from this date, legal proceedings will commence against you without further notice. In doing so all associated costs will and interest will be added to you.
We further advices if you dont pay we will forward your details for a default to BayCorp."
Please contact this no XXXXX to arrange further finance"
WHAT THE %#%$#%%# hell.
AFTER CANCELLING MY ACCOUNT OVER 1 YEAR AGO AND KEEPING MY DEPOSIT THEY WANT TO SUE ME NOW.
PLEASE HELP WHAT CAN I DO. I HAVE A FEELING THEY WILL HAVE SOME SORT OF AMNESIA AND TELL ME "WE dont remember u telling us canceeling your account"
But I havent heared from them for over a year. No notice of an overdue account. No notice of money outstanding. Only 2 phone calls trying to sell me back my registration and thats it.
Please can anyone tell me where I can go to complain. Like is there a Fair Trading organisation apart from ASIC or anyone or anything I can call for help.
Hi all,
I just need to some advise on what has happened to me in the past 24 hrs regarding a [company associated with Henry Kaye]. They source properies for you and try to get your business after you have attended Henrys Kayes 15 Investment Seminar.
I too did the HK course about 1 year and 3 months ago. After completing I also signed up for the [company associated with Henry Kaye]. (Yes I was naive and stupid). Cant change it now.
The fee is initially $3850 to register with them. That will just put u onto a waiting list of people before you can buy your property. Once you name has been selected you can choose a property of their list and if you buy 1 you need to pay an additional $6600 to them.
They promise that their properties double in value every 3-4 years.
Ok fine. I signed up. Paid an initiall deposit of a $600. After 3 months i became wiser and decided to cancel my registration. So i went to the consultant and said "Please cancel my subscription".
He said thats fine BUT I LOOSE my $600 if I cancel.
I decided they can have my $600 for payment of wasting their time. The end right.
5-6 Months later I get a call again from [company associated with Henry Kaye] saying "We know you cancelled, but how about you setup a joint venture with someone to pay us the remaining $3250 registration fee. I declined, was bit surprised that they still call me after I cancelled and said "No thank you, Not interested with [company associated with Henry Kaye], please cancel my account". Again the consultant said thats fine but we keep your $600.
I'm thinking "Oh my god yes you can keep my $600. Just cancel my registration and leave me alone.
Another 5-6 months past I get a call from [company associated with Henry Kaye] again. This time a new consultant says "We have a special going on this month, although your account is cancelled, we can put u onto the registration list for $1000". AGAIN i said, no thank you as I have already cancelled my account and dont want anythign to do with you. He sounded a bit upset but fine not my problem. NO means NO. For crying out loud.
Now comes the whamy. About 3 months later yesteday Friday the 25th of JULY, I get a letter from [company associated with Henry Kaye] stating:
"NOTICE OF INTENTION TO SUE,
Take notice: unless the above amount ($3250) is paid within 7 days from this date, legal proceedings will commence against you without further notice. In doing so all associated costs will and interest will be added to you.
We further advices if you dont pay we will forward your details for a default to BayCorp."
Please contact this no XXXXX to arrange further finance"
WHAT THE %#%$#%%# hell.
AFTER CANCELLING MY ACCOUNT OVER 1 YEAR AGO AND KEEPING MY DEPOSIT THEY WANT TO SUE ME NOW.
PLEASE HELP WHAT CAN I DO. I HAVE A FEELING THEY WILL HAVE SOME SORT OF AMNESIA AND TELL ME "WE dont remember u telling us canceeling your account"
But I havent heared from them for over a year. No notice of an overdue account. No notice of money outstanding. Only 2 phone calls trying to sell me back my registration and thats it.
Please can anyone tell me where I can go to complain. Like is there a Fair Trading organisation apart from ASIC or anyone or anything I can call for help.
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