This complaint has by no means the intention to cause libel or defamation of LTC Services and/or its product POD Pro but rather is a statement of my experience I have had over the last 10 months with LTC Services and POD Pro. After reading the glossy brochure promising great growth with a small investment and watching a demonstration of the product POD Pro, I decided to lay down many thousands of dollars for the POD Pro product. It was only after I already paid the fee, and during the installation of the software, that the terms and conditions were flashed on the screen. Unfortunately, like so many times before, I didn’t read it in detail, clicked the button that agreed to the terms and installed the software - eager to realise the promised benefits. And so I started, with the help of LTC Services, to use the software. Unfortunately, I quickly learned that you are only able to place small bets at the start (limited by the bookmakers) and that the xml feeds into POD Pro in most instances wasn’t accurate. So even though the software is working correctly, the information fed from the bookmakers was inaccurate. Many days would go by (and many hours spent) to try and find an accurate bet. If that wasn’t frustrating enough, many of the bookmakers limit the amounts you can place to only a small amount or force you to make multiple bets that limited your ability to get any meaningful returns. Furthermore, I learned that many of these bookmakers charges fees for moving money in and out of your account which limits your flexibility. So the promise of great returns from the glossy brochure quickly dwindled and I requested a refund. Off course, I was then provided with the terms and conditions again that stated that LTC Services is not responsible for the accuracy of the information that is displayed in their software POD Pro. My refund was refused and I had to take the matter up with the courts. Only 5 months later I received a court order for LTC Services to refund my fee. They still refused the court order and I had to get a warrant issued to seize property. Off course when the Warrant Officer visited their “registered” office, it was only a rented meeting room with nothing to seize. It is now 10 months later, they still haven’t settled the amount as ordered by the court and have cut all communications. I haven’t used the software since that first month and have no intention to do so. So the nature of my complaint is that LTC Services has not obeyed the court order and all I ask is that they comply with the judgement from the court.

Anyone who was scammed by LTC Services please contact the Queensland CCC and file a witness statement. It is going to court and the courts in all likelyhood will order restitution. Contact a Detective Justin Suffolk at the Qld CCC on (07) 3360 6060
Contact the CCC or you may miss out.
You could google "operation unwind" or go to http://www.ccc.qld.gov.au/crime/results/case-studies/operation-unwind
for more information.
Do not let these people get away with the multiple scams they ran over a decade.

They have been arrested.

What is the good News?

I have had a negative experience with LTC and have reported them to the ACCC, they claim to conform to prospectus requirements,once you have paid your money. they inform you that you have to become a professional gambler in order to increase your bets, what they don't tell you is that, the bookies have the right to refuse your bets if they suspect that you are arbitrage betting which is what it is. I am not a gambler and was told this was trading and was horrified after i paid them the money. You have to be extremely quick with operating your computer. Book makers on line can cancel your account at any time they like, the more this happens the less opportunities you have and the more you are restricted. If you want your Id plastered all over the world (photos passports drivers license have to be provided each time you open a book makers account, which you re not told). There are many different rules that apply to many bookies, they can refuse payment and they can limit your bets to not make it worth your while, you have to saty up late in order to place bets overseas, it does your head in. My advice is keep away from it.

Contact me at aherbertson @ hotmail.com. We have good news

I too have 'invested' with LTC Services...can I get any money recovered

Me too last contact from them was 12,Feb to cancel a training. How do u get a court order?

I've got stung.
Can we get our money back?

I have had the LTC experience and would like to get in contact with others who have. Either good or bad, although I doubt that there are any who have had a good experience with LTC Services. They promise a lot in their marketing and produce very little. There phones have now been disconnected and they don't respond to email requests for support, do they are uncontactable. My email is wans @ dodo.com.au for anyone who would like to discuss options regarding LTC going forward

I have had the LTC experience and now find that the phones have been disconnected and they aren't providing support. The software doesn't produce anything like what they market. And the new "upgrade" recently offered to replace the old software which apparently couldn't be fixed is, it's hard to believe, worse than the origional. I'd be very interested in anyone who has had an experience with LTC, good or bad, contacting me to discuss experiences and options available to us. My email is wans @ dodo.com.au

my experience with LTC services is exactly the same however I haven't gone the extra step to try to get a refund through the courts. They have now disconnected their phones and say that support will still be available by email. My attempts to contact them over the past few days have been unsuccessful, so I'm assuming that pulled up stumps and gone. I suspect that LTC will not be a problem to any further users however to those of us who have paid I suspect we have done our money and will have nothing to show for it

I agree with this complaint. I have been burnt by LTC services and would like to know which governing body in Oz deals with this unconscionable conduct and false and misleading information given both verbally and written. These guys are bad news and refuse to return any of my calls. No manager is ever around even after over 20 different attempts. The way they are behaving acts as if they are a scam and hence are avoiding my calls. The Australian public need to be protected from these predators. How can companies like this get away with ripping people off. We need the government to protect us and help us bring these people to justice. Please can anyone help me?