[Resolved]  Ascendfund.com — Non payment of interest

From : S.Subramaniam,
S/o.Subburatnam,
257 Saranga Nagar,
Jothipuram (Post),
Coimbatore – 641047
Tamilnadu State,
India

To : The CFO,
Ascend Fund Inc.,
Queens Bridge Street,
Melbourne, Vic 3000,
Australia.
Reference : A/c Name S.Subramaniam, D/B 15/06/1933
User I.D : Vijayagiriar, Password : Vijaya
Date Commenced : 26/04/2009 accounted on 27/04/2009
Amount of Investment $400 USD

You promised to pay interest at 1% on my investment daily upto 345 days. I received the interest from 27/04/2009 to 27/09/2009 only. From 28th Sep. 2009 upto and inclusive of today (11/02/2010) nothing has been received from the Ascend fund investment company.
Mr.P.K.Padmanabhan informed that interest as noted about as not been received by Maruthi, Balamurugan, Kumara1, Sarathy and Sarathy 1.
Every month they are eagerly waiting anxiously for the money but disappointed and worried much whether the company would continue to give as per agreed days 345. I would like have your reply immediately and urgently make as the payment as agreed. Immediate and urgent reply is needed.

Thanking you & Regards
Yours truly
S.Subramaniam
11/02/2010
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Aug 14, 2020
Complaint marked as Resolved 
 
75 Comments

Comments

i am agree
iam planning to invest in ascent.
anyone who knows this company. plz let me know abt it
my no: [protected]
Hi,

I heard about this company couple of days back only. I am a Networker, I have a team in UAE, India as well as in Kenya. If anyone can approach me to start a team with Ascend Fund, kindly get back to me, send me an sms to [protected] or email me in [protected]@gmail.com.

Thanks
Sree
Ascend Fund - a company incorporated in Foreign country is a big scam company - as per the news appeared today in a leading Malayalam channal - similar to or worse than the leading TOTAL 4 U - scam presently being investigated in Kerala. As such, all rich friends are once again advised to not to fall prey to these types of company.
regarding about ascendfund iam really happy. beacause iam enjoying as much as returns through this company. people want to know more about this company, then only they can use this oppertunity.
Hi
I had invested my money in Acend Fund abt a month ago. Though I am elegible for double binary commission as well we referral commision but when I wanted to give the details of my bank the fund says I'm eligible for only the 5% of my total amt. Can anyone help me to understand the process of withdrawal or is it that I have lost my money into Ascendfund.my mobile number +[protected]
Rgds
MOST OF PEOPLE DOS'T KNOW WHAT IS ASENDFUND, THEY ARE GIVING 25% MONTHELY RETURNS OF INVESTMENTS, UP TO 50 WEEKS, DONT CARE ABOUT LOCAL NEW REPORT AGANIST ASENDFUND, THEY DOS'T KNOW WHAT IS OUR COMPANY IS DOING. FOR DETAILS CONTACT ME [protected]
I had invested some money in ascend fund 3 months ago. I am eligible for 2 binary commission 4 referal commssion. This money credited in my site. I ha d not able to internal ransfer. Now, Transfer with western money / bank, company take very high charges. These problem i am not interested to join others in fund. So I request to the company officers you shall make necessary arrangement s to TRANSFER INTEREST to BANK ACCOUNT WITH A MINIMUM CHARGES ( only 10%).
AS FAR AS I AM CONCERNED IN THE PROGRAMME FOR THE LAST 6 MONTH S UPTO NOW I AM GETTING THE RETURNS WITHOUT ANY DELAY EVERY SUNDAY THE PAYOUT IS THERE AND ALSO BINARY ALSO I AM GETING REGULARLY NOW THE SITE ADDRESS HAVE BEEN CHANGED ASCENDFOREX.INFO THE COMPANY HAD ALREADY TAKEN THE NECESSARY NORMS OF INDIAN GOVERNMENT OFFICE ALSO STARTED IN BANGALORU AND THE OTHER PROCEDURES IS GOING ON AT PRESENT THEY CHAGED THE PROFIT STRUCTURE MONTHLY PROFIT OF 25% THE COMPANY HAD TAKEN NEW MEASURES FOR THE PARTICIPATION IN THIS PROGRAMME PHOTO, PANCARD COMPULSORY IF ANY BODY WANTS TO JOIN IN OUR TEAM MAIL US OR CALL US WE ARE THE BEST TEAM OPERATING IN KERALA AND TAMILNADU AND KARNATAKA AS WELL AS IN U A E IF ANY BODY INTERESTED GIVE REPLY IN THE COMMENTS COLUMN WE WILL GET TOUCH WITH YOU REGARDS
THIS PROGRAMME IS THE NEW GERNERATION BUSINESS I AM INVOVLED IN THIS PROGRAMME FOR THE LAST 6 MONTH BACK EXCELLENT PROGRAMME WITH GOOD FEATURE AND THE FIRM ALSO A GENUVINE FIRM GIVING RETURNS PROPERLY FROM LAST AUGUST 16 THEY CHANGED THE SITE ASCENDFOREX.INFO AND PROFIT STRUCTURE ALSO CHAGED FROM WEEKLY 7% TO 6.25% IF AN BODY INTERESTED IN THE CONTACT US WE HAVE THE BEST TEAM AROUND KERALA, TAMILNADU, KARNATAKA, MUMBAI, AS WELL AS UAE AND US CONTACT NO [protected] OR BY MAIL JAI HIND
I HAVE INVESTED 10000USD TO ASCEND FUND BUT I HAVE NO IDEA TO TRANSFER PROFIT USD INTO INDIAN CURRENCIES PLEASE GUIDE ME EIGHTER MY EMAIL OR MY MOB.NO.[protected]
Invest in Equeitec Infra Ltd 7% per month income with security of land bank

Investment of Rs.1, 00, 000/- and above

Minimum investment of Rs.1, 00, 000/- + Rs.250/- (Processing Fee).

a) We shall pay you 7% fixed monthly returns on your investment i.e., Rs.7, 000/- (for Rs.1, 00, 000/-).
b) We shall execute a legal agreement with you for a period of 13 months, which shall be lock-in period for your investment too.
c) We shall give 13 post-dated cheques to you for 7% each of the principle amount given.
d) You will also be given a cheque of your principle amount dated 14th month from the date of agreement.
e) After expiry of 13th month, you may either withdraw the amount to be paid to you or can re-invest with us for another 13 months with same terms & conditions.


Contact Brij [protected]
WHY EURO GO FOR INDIAN COMPANY PAYING RS 10 PER SURFING
BY INVESTING RS 3000 PER AD PACK U WILL GET RS 1000 PER MONTH FOR 5 YR BY SURFING 100 SITE PER MONTH.
REFERAL INCOME 10%
LEVEL INCOME 1ST TO 5TH LEVEL RS 50 PER MONTH AND 6 TO 10TH LEVEL RS 24 PER MONTH FOR 5 YR

BEST PLAN IN MARKET

VISIT WWW.ADPLUS4U.COM CALL ME -[protected]
Dear All,

one of my friend is asking to join asentforex.info. Can anybody tell me that is it really true that u will get 7% weekly profit on ur investment apart from the referral comission of 10% or just an prey to catch the innocent & Gullible people's heard earned money. Pls Explain How it works & what type of fund is this and where is its office located, what would be the benefit that the investor will get etc.& after investing whether i will get any document in hand or any legal aggrement with post dated cheques or how the profits and payouts will happen?????

Please clarify my doubt or call me[protected]. Thanks...

Is it worth to invest or become an member?
dear all, any proove tat ascend forex doing forex business? i didn not see this company in forex directery, , is this company work in any other country? or a cheating company aim mainly to indians? pls reply, , say the truth, , ,
Dear Friends,

Why you are going through this FUNDS, NETWORKING, BINARY PLANS
How companies are making money through FOREX ?
If you have the knowledge to operate the computer I will guide you to do trade in FOREX market Directly without any risk. In this you will get good return according to your trading decesions. you can make unlimited income by trading. The market is open for 24 hours 5 days in a week.
If you are interested to LEARN about FOREX TRADING feel free to contact me at [protected]@gmail.com with your contact number and details profile.

regards
Anoop
yes its a cheating company
i am 100% sure
its a big scam
dont invest
u have any adressproof of the company
pls send
I HAVE SEEN AN ADVTISEMENT IN THE COMPLAINTS COLUMN THIS WAS NOT GIVEN BY ME SOMEBODY HAVE DONE THIS THING I HAVE NO CONNECTION WITH THIS ONE SEENING THIS ONE DONOT CALL ME

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