
Online Trading Academy
100K
CLAIMED LOSSES
7
TOTAL REVIEWS
3.2K
PAGE VIEWS
Online Trading Academy Reviews
Alejandro G Agn
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Verified Reviewer |OTA vs FTC
I recently received a check with a letter stating FTC vs OTA lawsuit and this letter stated that there was a settlement made between the FTC and OTA. it says OTA claimed to have a patented trading strategy that was likely to make a lot of money in the markets, pitch testimonials and hypothetical trades showing significant profits, instructors and sales people were active, successful traders, pointing consumers to their supposed success as evidence the strategy worked. several high profile OTA pitchmen admitted they did not make significant money trading, and more. I will not type all statements but they are all online as you should know. The reason I am emailing this is that I want a loan forgiveness on my account because all the claims that are on-line were said to me and I think the fair thing to do would be to get money back and time spent. But at this point all I ask is for the remainder of my loan to be forgiven. this is fair. thank you for reading this. Alejandro Garcia
Loss:
$5
Cons:
- Ftc vs ota lawsuit of false claims
Preferred solution: Price reduction
Anonymous
OTA is a fradulent institution
I was OTA's student, all the promises they made are lies. You won't make money with them because their strategy practically does not work. FTC labeled them as one of the fraudulent institutions.
Loss:
$27000
Cons:
- Fraudulent
Preferred solution: Full refund
User's recommendation: Stay away from them. Their strategy does not work at all. Do some research about OTA from the FTC website.
Anonymous
OTA- a Scam
Does anybody know a lawyer who can help with my complaint to OTA? Please let me know the lawyer contact information. Thank you!
Anonymous