I too was a Luxman victim back in July 2008. On May 24, 2011, I read Noval's post on another scam site. That same day I went on the Foremost website and sent a pretty scathing e-mail. I was quickly contacted by the head guy @ Foremost. After much wrangling he was finally able to arm-twist Luxman into refunding the remainder of my subscription fee. Luxman did give Foremost the runaround too, as they had done me, but because I persisted in nicely contacting Foremost, they persisted with Luxman until I got my money. It took about 2 months. Foremost had always seemed to me an up-front operation and they did come through for me. I am sure that without their help I would never have gotten my refund. Still, the more flies with honey thing applies here. If some one is helping you, be gracious. And have documentation. Clearly Luxman owed me the money. I had a letter they had sent to the CA AG saying so! Also, Luxman's check was written on WellsFargo. I should have found the nearest Wells Fargo bank and cashed it right away rather than waiting for it to clear through my bank. And lastly, Luxman is a shapeshifter! As you read through these scam reports different personal names and company names continue to pop up. Don't fall for this in another form. Learn the lesson. I hope this helps. If Luxman still owes you money and is ignoring you, contact your brokerage. They do have a responsibility to help you (CFTC and NFA say so), and much more leverage with a shoddy company like Luxman than we do.
I've been getting calls from this number for quite some time now. They're asking for somebody named Leonard. There's no such person that lives here. Some guy comes on the line and says, "Leonard?" When I tell him no he hangs up right away every time. When I call back I get no answer. Just rings and rings.
A real class act.
Luxman Trading Company is a complete scam. They say they have a trading system that generates 7% profit every month. Well if this was true- why would they call me or you or anyone else? They would keep all the money for themselves. WHen I pressed the sales guy, "Oscar Stone" to send me proof that he was personally invested and actually making 7% (i.e. a monthly brokerage statement) - he hung up on me. This same are code and # starting with 323-545- calls multiple times per day. Andy Luxman- the supposed owner said he would have my number removed- but it has not been.