[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

Hi One of my friend invested in asced fund and he is compelling me to invest in the same company.Is it a good company?Is they are returning our hard earnd money?Please give the details friends..
Thankig you
I TRY TO WIDROW MY PROFIT FROM BANK.I FILLED DETAILS., WHY FILL THE SWIFT CODE?
ATTN MLM ASSOCIATES AND INVESTORS IN DELHI WE ARE THE NO 1 TEAM IN ASCEND FOREX WE GOING TO LAUNCH IN DELHI VERY SOON KEEP IN TOUCH WITH US OUR ASSOCITES HAVE A CLEAR VISION IN THE PROGRAMME INTERESTED ASSOICATES AND OTHER COMPANIES ASSOCIATES TOUCH WITH US INTERESTED ASSOCIATES GIVE YOUR MAIL AND PHONE THROUGH OUR MAIL WE WILL TOUCH WITH U WHEN WE ARRIVES IN DELHI
Dear All,

Pls be informed that, there are some FRAUD happening thru AscendFund.

Some one used my email id & contact # ([protected]) to get the things done I got a call from a person in Palakkad, Kerala, who had told me this.

Guys - If anything goes wrong I am not responsible.

Thanks
Sreejith Krishnan
one of my friend is asking to join asentforex.info. Can anybody tell me that is it really true that u will get 20% monthly 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?????
pls cal me for any queries concernin ascendforex, ,
[protected]
joshua lana
WHAT IS THE NEW WEB ADDRESS OF THE COMPANY. WHY THEY ARE CHANGING THE WEB ADDRESS REGULARLY
I had invested in ascendforex.info and got some currencies, but present now internal transfer and withdrawal option is blocked, Can anyone help me to understand the process of withdrawal or is it that I have lost my money into Ascendforex.info for Changing www.moneypower.co.in This website money transfer PROHIBITED.. So, i dont have idea to transfer the currencies or to exchange in to rupees.. please guide me..
kindly get back to me, send me an sms to [protected] or email me in rajkumar.[protected]@gmail.com.

With regards,
Raj..
I HAVE AN INVESTMENT 50000/-Rs IN "ASCENDFOREX" AND MY FRIENDS LIKE THAT.I WITHDREW MY PROFIT TO BANK ACCOUNT BEFORE ONE MONTH . BUT AT THIS TIME, IT NOT CREDITED TO BANK ! BELIEVED ALL MY FRIENDS NOW HATE MY PRESENCE..WHAT CAN I DO? ONE MAN WROTE "SIMPLE CASE WITHDREW FROM WESTERN MONEY TRANSFER" PLEASE TELL WHAT IS THE WAY LIKE THAT WITHDREW ? ANY TIME COME CALL FROM OTHERS YOU KNOW SOMETHING WITHDREW MOVEMENT?PLEASE HELP ME.. MY EMAIL;[protected]@gmail.com
ascend fund is a money circulation company. It is totally against the mlm theory. This company is absolutely cheating people.
WORLD CHEATING COMPANY.GOD WILL PUNISH THEM SURE.I AM DOING SUCH A WORK.
Ascend fund is one of the biggest fraud that has ever happened and I lost money heavily on this and no response either from the person who proposed and forced me to invest or any body from ascend fund.Government has to act touch on this sort of fraund and the persons who is involved should be brought to book and also enact a law in the parliament to curb this kind of meanace.
please improve ur english before making comments..most of the comments does'nt make any sense.. quantumfunds is working ok..no problem!!
I have invested One Lakh with this company and so far nothing been received
I am storogly beleiving this company is fraud
I Ravi from Palakkad I have invested Rs, 55000 my friend Mr, Rajagopal as joined in ascend fund.Net since nov 09 but company is not running successful they are changing there site name like net, com, biz and now info. Now they are showing news that ascend fund.Info is not their site and ascend fund.Net also not updating balances and in many ids final balance is showing zero, so all members are helpless if anyone know more about this site pls contact at [protected] or comment on this site are send an email [protected]@gmail.com

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