SterlingPDI

ric-a

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As any ony heard of a company by the name of SterlingPDI?

They are trying to get my son to invest some money with them
and say they will guarantee a 60% return on his investment with
in twelve months. Sound much to good to be tru to me.

I've advised him to stay away.
 
Excellent advice - 60% too good to be true - it is. Never use tips, listen to unsolicited calls or junk mail/email or deal with dream merchants.
 
I have also been sounded out about this Betting/Loan scheme, any info from anybody who has invested would be welcomed.
Thanx

Re: Sterlingpdi
 
sterling pdi

ric-a said:
As any ony heard of a company by the name of SterlingPDI?

They are trying to get my son to invest some money with them
and say they will guarantee a 60% return on his investment with
in twelve months. Sound much to good to be tru to me.

I've advised him to stay away.

HELP please.
I ahve been contacted by Sterlingpdi and want to know soemthng about the company. Did you find anything at all?
V.Langdale
 
V.Langdale said:
HELP please.
I ahve been contacted by Sterlingpdi and want to know soemthng about the company. Did you find anything at all?
V.Langdale

I don't have any further information about this company and can't find anything on the web. I find the lack of information concerning and I think my son, who is the one in contact with them, has decided to give them a miss.
 
I have, I currently have an account with them.

Yes they are an sports Arbitrage company, you subscribe for their services paying about 3 grand an they send you text and e-mails of arbs opportunity. If you aint got the time to trade the arbs then they suggest you opening an a mannaged account where they'll trade your money, in return they'll promise 4% compounded every month of what ever sum for a year. or 3% on your money on a monthly basis. Dose anybody know something else?. Contact me first before you make any move.
 
I've asked for a free trial of their information service, so I'll see how that goes (I also heard about their loan idea, but am dubious about it TBH). Their subscription service is 1800/year or 1300 for 6 months. They reckon they can average a 3.5% return per trade and give quite a few tips per day (their example page had at least 5 per day on ave). The nice thing (apparently) is the no risk position you're in. You see all the odds before you bet, so you know before you spend anything if you're going to win. The only place you might lose is with the company themselves, if they don't come through with the goods. A free trial seemed like an ideal way to find out, so I'm going to try it.
The 2 'loan' ideas someone mentioned earlier, is basically letting them do the trading for you (with your money). They guarantee a 3% return a month if you withdraw the winnings monthly, or 4% (compounded, which is where the 60% comes from I guess) if you withdraw annually. This bit makes me nervous and I fully expected the hard sell to push me towads that, but it didn't. He offered the free trial so I could try it for myself before spending anything. All the bets go straight to the bookies, so they won't get anything from the trial. I'm still sceptical, but will try it and see.
 
I got a tip from them today which would have returned over 6.5% if I'd got my finger out in time. It stayed live for over an hour, but one of the bookies needed additional prrof of ID before opening an account so I missed the opp.
I'm waiting for my official trial to start then I'll see what kind of returns are possible and let you know. I was very dubious till I saw the example this morning.
 
Kart_man, I mean in terms of you trading the arbs yourself there is nothing to be scared of. They'll give you the tips but you'll have to be ready for any unseen issues. Open accounts with loads of bookmakers. have money in the ones they use often, and place your bets as quickly as possible. The price with bookmakers change quite often. It's quite obvious that they are not bul****ing. It's real and you can make so much money if you have everything in place. Also you'll have to be steady and ready all the time. GoodLuck
 
Hi
I am just about to have the free trial with Sterling PDI as well so I will also report back on my findings. This does sounds like a "no loose" situation as long as one keeps one's head! I have never placed a bet in my life before so the first few may be quite scary - but that's why they give you the free trial I suppose! The subscription amount will take a while to make back, but once this is accomplished I should think it could become fun! The guy I talked to also mentioned (but did not push) the Loan with the 4 or 3% return but, although this also sounds attractive, I'm not sure if I would want to send my savings to a company that I don't know much about except that they have only been incorporated since November 2003 and they have not yet filed any accounts and there is very little info on the web about them (I had to winkle this out of google which is unusual)
I wonder what would happen to one's money if they ceased to trade?
Anyway, will report back soon about the Arbs and hope to hear more from others research before committing.
Bye for now .
 
Joanna,

Please listen to the previous advice on these boards and save your hard earned cash. This is a blatant scam that has been perpetrated numerous times.

eg: ..

Sterling IT Solutions may have been incorporated in November 2003 but was actually bought as an 'off the shelf' company from Duport (www.duport.co.uk) by its present owner Jason Cohen on 10th November 2004. This information is available from the Companies House website although you will have to pay £2 to get it.

The Sterling IT Solutions website was registered just over 2 weeks ago !!! This can be checked at:
http://www.dnsstuff.com/tools/whois.ch?ip=www.sterlingitsolutions.com

The SterlingPDI website was registered on November 17th 2004 -
http://www.dnsstuff.com/tools/whois.ch?ip=sterlingpdi.com

Although he appears as Jason Mark Cohen, Polish as Director of Sterling IT Solutions there is also a Jason Cohen, British, with the same date of birth who appears as a director of the following companies ...

Sports Intelligence Ltd
Sports Intelligence Network Ltd
Sports Intelligence International Ltd
Arbitrage Trading Software Ltd
Worldwide Arbitrage Ltd
PDI International Ltd

none of which have filed accounts. Coincidence ?

Also, compare the results page of the sterlingpdi website with the results pages of www.sports-arbitrage.com and www.greatgamblingsystems.com amongst others

To see how common this type of fraud is check out www.arbbest.com and do a search for scam to read about www.riskfreeprofit.com, www.arbloan.com, www.hedgesyn.com and many many more !!

scam scam scam scam scam scam scam scam scam scam scam (apologies to monty python)
 
Thanks for the information. I wish you best of luck in your ARBS betting. I'll be expecting feed back on you betting.
 
Just completed my free trial, and I can't fault the information to be honest. I placed some bets according to some of the advice that came through, and now have more money than I did last week ! I also got caught out by a couple where the odds changed in between me checking and betting, but I think if you're geared up for this and quick off the mark, there is definately money to be made. You just need to be prepared to drop everything when the advice comes through, and get the bets on fast.

I'm just needing to sit down now and work out whether I can earn enough to pay the upfront costs and still have enough left over to make it worth-while.

I don't see the scam I'm afraid sfo. The string of companies with no submitted accounts is a bit strange I admit, and makes me a little nervous of the pdi loan idea, but they have the information to easily return 3% a month, so that may be genuine too.
If i go ahead, I'll report back after a month and let you know if I've made anything !
 
PDI Sterling

Hi Kart_Man
Thanks for the info. I start my free trial on Saturday so I will report back next week. I've had a few notifications of opps coming through by email over the last few weeks and I agree with you that you really have to be ready to get onto it immediately. They are all there in the first 30 mins but after that you run the risk of them changing just as you are placing your bets. That concerns me a bit - it's not so bad if you are placing very small amounts of money but, if you are say placing a £1k across the bets and you mess up on one, then you could loose quite a bit!! And, on the basis that these returns are fairly low, between 2-6%, it could take a while to make it back if you lost £600 odd.
 
Good luck with your trial JEB. Don't worry about losing a lot of cash, as I think it would be very hard to lose a lot to be honest. If you take a current event as an example :

English Premiership, Aston Villa v Middlesborough :

Odds at William Hill :
2.2 - AV
3.1 - Draw
2.87 - Mid
If you plug these into the calculator (find it on the Sterling PDI website) your loss would be 11% (so £110 on a £1000 total bet). Bearing in mind that WillHill won't be as competitive as some of the smallers bookies, and you obviously won't ever put all your bets on at the same bookies, you could probably bring this down to 5% or less by shopping around a little when odds change suddenly (sometimes the advice gives you alternative bookies too), so the chances are you'll not loose too much. With one of the ones I tried, betandwin withdrew their odds completely, and I switched to thegreek to end up with a 1% loss. Not good, but it all averages out over time and the net result will be positive. On the flip side one of the other ones I tried was available for well over an hour and I placed 2 bets at each bookie ! My first was to get to know the limits of each, and the second to make some better cash. It's really just building up the confidence and getting to know how each site works etc, which is why the free trial is handy.
I'm starting to sound like a sales man, but I'm just letting you what I've found out in my trial period. My biggest problem is being able to guarantee I can get to the sites quick enough, as my job can get pretty hectic at times !! That's the only thing really stopping me from signing up immediately.

Good luck anyway, and if you have any questions, let me know and I'll ty and help.

A couple of things to watch out for :
- Some sites need additional proof of ID before you can charge up the account, so don't assume you'll be able to bet immediately with all of them (good for security, but a pain if you're wanting a quick bet)
- Some sites put quite low limits on what you can bet per event, so look out for this as it can catch you out if you've already bid on 2 outcomes to find you can't put the corresponding one on at the last bookies !
- Some bookies charge hefty credit card premiums, so better to have some ready cash in a current account that you can send over when required (or look into neteller etc.)
- Check the email details before betting if you can, as it sometimes contains additional info not on the SMS message.

Hope that all helps, and good luck. Let me nkow how you get on!
:)
 
does anyone know what is currently going on at sterling? their website has been down for a while but their head office is still taking calls and trying to help clients.
i was using their alert service which seemed very good (though expensive) but then decided to use their 'loan' schemes. great returns on paper, trouble is that so far it's not gone from the paper to the bank account. i'm 90% sure i've been scammed but every time i talk to staff at HO they give me the feeling that all is ok and that the company is still going. i'm considering legal action. any advice/comments about my situation and this company would be greatly apreciated.
 
I was getting the ARB alerts and was making reasonable money from them, then they stopped a few weeks back. I was on a free trial anyway, but they were supposed to go on for a bit longer before they stopped. Don't know what's going on to be honest, but I've been pretty busy so haven't had a chance to call them and check it out.
Fingers crossed for you that it's all ok and you get the returns they promise.
 
that's made me feel that it's now 99%!
the staff at HO are saying that they're getting lots of calls but that the alert system is still going. without the website up though clients can't set up bookie filters so i'm doubtful that this is true.
most the staff there seem to have been employed only recently. it's not looking too good for me :-(
 
in priciple the trading accounts seemed more than possible, benefitting both parties. i was wary of them at first but used the alert system for almost 3 months and thought it good. i had regular contact with one of their advisers and built up a good rapport with them. i decided that given the cost i wasn't making enough to cover the subscription (unless i upped the stakes by quite a bit) so was encouraged to open the PDI loan accounts. the rest as they say...
the strange thing is they still seem to be operational. i've phone them twice today. there's real people there! i've decided to start stirring things up a little and see what occurs.
 
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