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Fast Track Capital Reports & Reviews (79)

I am suing: Darren Weeks. Court date: Sept 25/26/2023. he is to appear in court in Calgary, Alberta. He is in Mexico.
Has a company called Blackrifle Coffee Company- in Alberta. Richard Pon is “director/shareholder/liquidator, in this Company. Darren has 100% voting shares . In Mexico Darren has a Company called Freedom Investment Club. If You invested in Trujillo - Honduras- Banana Coast: the person who owns the other portion of the property is: Randy Roy Jorgensen: he was taken to Supreme Court accused of sex trafficking. The land owners in that area of Honduras are being bullied and threatened, to sell the land Garifunda — Indeginous lands. There is an organization OFRANEH which is pushing back against the theft of these lands . Trujillo was built on these lands. If anyone can attest to having lost $$$ on a fast track investment, or other with Darren weeks, as I’ve read here. Maybe you could send me a letter that is signed , testifying to what u have lost. Darren uses the same address for black rifle Coffee, as Fast track used: #20, 10 Carlton Dr. Alberta. There are many companies listed under one company name. If you want more info, or can help by writing a letter of your experiences , connect with me in the next 3 days: [email protected]

+1

I also fell for the FT Capital scam sometime in 2008/09. Lost 30k of RRSPs between my husband and I. A few years ago I refused to continue paying $300 a year to Olympia Trust and wanted out completely but they couldn’t do that but agreed to no further annual fees. They are waiting for these investments to close out before they can close both of our accounts.

They change the store front to Axcess capital , I have a new phone number for them , or email - [email protected]
403-225-4575

Invested 10,000 into terrs vista scam of fast track capital march 2023 received from Olympic that value is now 0$ i paid Olympia 125$per year to manage feast tracks empty acciunt

On Nov 15, 2008 I invested {25,000.000 in Fast Track Capital on a Trujillo Oceanfront Centre, never receiving a dime. However continuously paying the Olympia Trust fees for information indicating a value, to 0 value to now showing A 2500.00 value. Did check with Olympia Trust and no monies have or ever had been received into that account.
I have requested several times to pull my money out going back to 2012and was advised that I couldn't under any circumstanous.

+1

Heard about the “No win No Fee” legal class action case filed against Fast Track(Axcess Capital)? The firm is calling on all Investors to file in a claim on their website.

https://web.facebook.com/Ann.Soweija

Ann Soweija.

+4

Hi Ann,
How did you make out with this group claim, I got an email from someone about same slogan, and since not able to talk to anyone, I am feeling nervous if that is a scam as well, with the correspondance I am not sure how they are able to get their information. Can you tell me your experience, what city may I ask are you in, like to meet someone to actually talk to a real person. thank you Jay

I do not hve a website, is there another way to reach out or find this class action against fast track thanks

Hello Ann, I have clients that lost money with Darren Weeks. I would like to learn more about this lawsuit. Can yo please email details to me at : [email protected].?

Hey curious question: has anyone just stopped paying the exorbitant fees to Olympia Trust? What happens if we do? Also, what happens if our "investments" run into the negative, and there's no funds for O.T to manage; do we still pay fees on this?

+3

This is Dan from Burnaby again. I contacted Axcess Capital and they got back to me quickly. They say the Wickertree Apts was sold in 2019 and they are waiting for a refund from the IRS for the final accounting. Not sure what that means. Hopefully it includes the proceeds of the sale and not just the refund. Correction on my last post.
Capital gain was 2017

+3

Hi Dan

I've had some email correspondence from Carol Hobbs at Axcess. below last response was June
/22 and has not responded since Hi Darrell
Wickertree – was sold March 2019. There will be a final small distribution of $300,000.

Saddle Creek – Sold in 2018. Final distribution of $850,000

Both will be distributed shortly.

My name is Dan. 604 420-1683. I invested $50K in the Wickertree Apts in Phoenix in 2009. Got a tax slip for a $26K Capital gain in 2018 but recieved no money.Got some distibutions in 2019 but zero in 2020. I think the value of the property increased substantially in 10 yrs. I'm going to contact Axcess Capital but they never reached out me after they took over.I'll join the class action,maybe my brother too.

+3

Hello Dan, there might just be a way using the legal route. [email protected]

I'm in the same boat as all of you

I sure would like to get ahold of fast track capital they took me for $30000 My phone number is 7803815501 my name is Sean Ferguson Is there anybody with information on this He has no way to get ahold of him no more Darren wheats is his name

I’m also in the same scenario, places at Tucson and saddle creek. Received 80% back over the years. But now paying capital gains tax for last few years. And still waiting for remaining funds.

I have heard that Darren Weeks is related to Bernie Madoff, nephew of his sister-in-law. So he comes by his business style honestly (no pun intended). He studied at the feet of the best con man in recent history. Difference is that Bernie stayed and took his licks, whereas Darren flew the coop, never to be heard from again. No more need be said.

+6

I have only invested $5000 in the Fountains of Sun City. I received quarterly payments from this for quite a while, though the amount often were pretty trivial. I even had something like $2000 come in. We were supposed to get all our money back in 5 years or something like that, but I only ever got the 2K. Then the payments stopped and a T3 came in for money I never got. I contacted Axcess Capital and am now just waiting to see what will happen. The cash is not going to make or break me but it is a lesson. Private investments can be risky. I was tempted to buy land in the Dominican Republic or some such place, and I am so glad I did not. I did also invest in the Freedom Investment Club, which used to give presentations at Fast Track events. I am aware of their bad investment in real estate and the government shutting them down, but does anyone know if there was any cash left and if investors got anything? Again I just had a smaller investment with them thank goodness.

+1

I too was convinced to invest in Fast Track Energy Fund 1 back in 2010 or so. They were going to use the funds to invest in energy related businesses. Claiming they couldn't find any worthy investments at that time they redirected my money to prop up one or more of their other "failing" funds at that time. Yet they also started Energy Fund 2 shortly after that and seemed to have no problem finding investments to purchase with those funds raised by other investors. In trying to communicate with them, their silence is deafening. I guess I got suckered here. I also invested in FIC club in the Foreclosure Fund all headed by Michael Patrick Lathigee. Here's an update for you. He ran down to Las Vegas to hide. Meanwhile over an extended period of time the British Columbia Securities Commission came to a ruling that he scammed his investors, and ruled he had to pay us back. But no teeth to this as he was hiding in Vegas. The BCSC requested a ruling from the Nevada Securities Commission to pursue and support this judgement in their jurisdiction. The NSC agreed, and in December/20 came up with the same result - in favor of us as the investors, that we had been scammed and that he and Earl Pasquel have to pay us back. I believe he is appealing that ruling. I feel your pain. Details here: https://www.bcsc.bc.ca/about/media-room/news-releases/2020/95-nevada-supreme-cou... You can also search the BCSC archives to find out the details behind the ruling. Very revealing. I would love to apply this same story to what Darren Weeks and Fast Track did to us. The fraud is exactly the same. Good luck with this.

Hi I also invested too. I have not contacted Axcess Captial yet. Did they get back to you and help? Thanks

We lost $127,000. Is there a way to be compensated?

+7

We were able to remove our remaining Fast Track investment from Olympia Trust in order to be done with the fees. Our banker helped us transfer them out of Olympia into a non-RRSP fund in our bank. The bank has a specific form to do that. So even though we lost most of the money we invested in Fast Track, at least we are not having nay more
of the exorbitant charges from Olympia.

+10

Hi there, If you don't mind me asking how did you do that. I've been working with my banker to withdraw or transfer funds. I have a Q Trade online investment account that we were in the process of transferring from Axcess Capital...unfortunately they only accept publicly traded securities...This has been a rear pain in the butt...Any advise would be grateful. Thankyou from John Boschman

Hello PT. Would you know exactly which form your bank needs to do this ? I got an initial email response from Axcess Capital, and they mentioned "forms" as well, although they did not elaborate on them, so I have responded back asking for details.

I communicated with Axcess just yesterday, and go the response within 4 hours. For those of you still concerned, as Lisa12345 says, contact Axcess Capital and talk to them.

Contact Info:

+2

Hi Lisa12345, I just sent Axcess Capital an email asking about the forms needed to withdraw my funds from Olympia Trust. Like many others here, I've lost a lot of money; you seem to be one of the very few who have had luck in getting their returns. I wish there were more success stories like yours!

Hi Lisa,
Has Axcess Capital been responsive to any investors? I have not heard from them regarding my FT Capital investmen, nor have they replied to my inquiry for information. Just wondering if anyone has a 'success' story to share that can give the rest of us hope for some resolution. Thanks Harold R.

Anyone on this page that has any questions needs to contact Access Capital that is who took over Fast Track. As well as I have sympathy for people who made not have made money on their investments there are others where people like myself did make a lot. There is nothing illegal or fraudulent or a scam. And writing these things in a public form is an opportunity for someone to take legal action against you. With investments there is risk. Sometimes things workout and sometimes they don’t. No one forced you to sign any paperwork. I’m sure the company did the best job possible but sometimes things happen. Like Covid and there’s no cruises happening if you are in RCL. That’s not one persons fault. No one scammed anyone. Your money is in the deal. Look up RCL for instance. The port exists... so writing someone took your money is ridiculous. Creating a Facebook group to complain about a deals outcome is also ridiculous. Saying you’ve contacted a police officer and are wasting tax payers money on this is ridiculous. We all have perfectly valid offering memorandums. Just because you don’t like an outcome doesn’t mean you can public try and defame and make false statements about someone. If I were any of the people listed who are being talked about. I would have already taken legal action against the claims your making. So again contact Access Capital! They are in charge of your investments.

+1

If there was nothing illegal or fraudulent, why did the securities commission shut them down in the first place?

You must either be Darren himself, or one of his minions. He set expectations, and not only did not meet them, but left the investors that trusted him in the dark about where things are at. Axcess Capital has not been providing information. People have lost hard earned money - they have a right to be upset. Glad that you managed to come away with profits - would love to know what you invested in.

I too invested a large sum of money into projects with Fast Track Capital and never received any cash back from them. There has never been any phone replies even when messages have been left to do so. Olympia Trust has charged me hundreds if not thousands in fees to keep the account open. Let me know if we can do a class action law suit.

+3

This company was taken over by Access Capital that’s who you need to contact.

My name is Stewart. 2506402870. I invested in two separate properties Westland and Suncity. As like everyone else have tried to reach out and to no avail. These guys have vanished. Lost it all. Yet Olympia continues to charge me. Please contact me if a class action suite can be filed. Let’s go after this guy. I believe his wife and kids still live in Edmonton.

+6

This company was taken over by Access Capital and did email notify everyone a long time ago that’s who you need to contact.

I trusted Darren Weeks and the Fast Track Capital program in 2008, 2009, 2010 when I heard and seen what great things they were doing. Darren Weeks even jumped to the next level when he started making appearances and partnering Rich Dad Poor Dad author Robert Kiyosaki. Darren Weeks was being dubbed Canada’s Rich Dad. In 2011 I took a leap of faith with Rob Chaulk, sat down with him in his office and transferred $12,000 of my saved RRSP money to the Port of Falmouth Project. It wasn’t like I blindly jumped in, I had been following this company and these people for several years. The things they talked about made sense. They aligned with core fundamental principles I believed in. I read about and seen their successes. I genuinely and sincerely trusted the company, the direction the company was going and the people running it. Rob Chaulk assured me that I had to be patient, the investment would mature in several years. He also said I could see gains in upwards of 15% (not small, not ridiculous but rather realistic) I trusted him. Fast Forward to present day. WHAT A NIGHTMARE! It’s been found that DARREN WEEKS FAST TRACK and his close friends have scammed many good, hard-working people who TRUSTED these individuals out of hundreds of thousands of dollars. Could be millions, GOD only knows. I tried for years to contact the Fast Track office in St. Albert, Alberta. All phone numbers were dead and disconnected. Richie Pon seemed to be the only one around and he would only respond through email. I asked numerous times to transfer funds out but he would always respond with an excuse as to why the funds could not be transferred. At some point during the process the shares were transferred to Olympia Trust. Olympia Trust charges a fee of around $150/year to hold the shares and manage the portfolio. I’ve been in contact with them for several years now about transferring my funds to my own RRSP. Well guess what? Olympia Trust doesn’t have the funds... they have shares but the shares are WORTHLESS. Olympia Trust tells me that I have to contact Fast Track to get the shares funded (don’t know exact term) but basically get the value added to the shares before I can initiate a transfer. How am I expected to do that when Fast Track is no more and Darren Weeks and his criminal friends have either stowed away or spent my money... And they most definitely did. Yet, Olympia continues to charge their maintenance fee and there’s really no way that I know, so far, on how to stop the bleeding.

Darren Weeks, Richie Pon, Rob Chaulk and I’m sure many others should be investigated, charged criminally and held accountable for the massive theft they conducted on good, hard-working citizens who in good faith and trust put part, most or even all of their retirement savings with Fast Track, Fast Track Capital. It is a terrible and horrible thing. IT’S A NIGHTMARE that happened to myself and many other people.

They committed the crime and should do the time. Unfortunately that still won’t be enough reparation for the countless lives that they so severely damaged.

Nicholas Steadfast

+16

You need to reach out to Access Capital. As well these comments are defamatory and I would caution you against this. I as well am an investor and have made money with Fast Track and in other investments not. That is a risk every person takes when investing.

I have a letter from Robert Chaulk indicating the trustees are offering a redemption on my initial investment ,but after writing and letting him know I will accept their offer their response has amounted to nothing! I have lost all respect for Fast Track Capital and would be very interested in following any advice to bring this fiasco to end !

+1

This company does not exist it was taken over by Access Capital you need to contact them.

I have a copy of a letter from Robert Chaulk stating that I hold 50 units of FT capital fund7,class 2,energy fund 2 and that the trustees wish to redeem my investment , but after applying and applying and applying there is no longer any response----I have lost all respect for Fast Track Capital and would very much like to know how to proceed to redeem some of the investment

+1

How in the world did you get this response? I've been dealing with Rob Chaulk and his accounting company for years and have talked to Richie Pon, and all Richie does is apologize about my lost money. I'd love to recover some of my and my parent's investments; how did you go about getting that offer?

Olympia trust emailI left you a voicemail today regarding your account with us and the FT Capital investment you are holding. Please note, FT Capital currently does not have a main contact and all transactions are on hold till further notice. We did receive notice that there could be a potential company that could take over FT Capital. We are waiting for further details before we can confirm this. Until then, we unfortunately do not have any other information we can provide regarding this investment. Once further information is received, we will advise clients what their options are.

Please let me know if you would like to set up a phone call to discuss further or if you have any questions.

Thank you

Sanjna Khaira

+1
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Suite 210, 221 – 62nd Ave SE, Calgary, AB, T2H 0R5, Canada

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fasttrackcapital.com

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www.axcesscapital.com

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