656-835-7327

Hi, can you contact me, I think I am having the same process as you. Valiante@hotmail.com

Hi, can you elaborate further to me as I am thinking I am a victim here. Please give me a call at 97351754

Hi, can give me a call at 97351754?, want to know further as I am also deal with Lionel, felt cheated and it is a scam. Stuck now.

Hi yeo, can you contact me at 97351754

Don't believe a single word from NAX Capital Pte Ltd. They are just another scam company set up to deceive people who are hopeful that they can get back their hard earned 'investment' back. Don't waste the effort to come down to their office when they call you, i can assure you will be be disappointed.

While reading through the threads, believe I am yet another victim. I must say Colin positive message got me interested in reading through and nearly give me some hopes in getting back all my investments but now, I am sceptical.. Did Colin ever reply to you Patrick? My story was pretty close to that of Colin but the final outcome is still pending...

I did get some money back from the promised dividends for 2 years just like Colin, also the same speech of no option and compulsory switch, but no money involved then on the 3rd year.. but now, with Nixdorf-AX, I have pumped in $20K (Now very worried if I will get any returns from them) for their preferential shares (Tinkelbell, did you pay in full in the end?), hoping that I will get all my investment back in 6 to 9 months time as they claimed a couple of months back.. Then, receive yet another call from Nixdorf-AX recently, asking me to pump in more $$$ so that I can really get my investment back soon or I have to wait much longer for AX Treasures to "strike off" before I can get back all my investment.. Anyone knows how I can really check if AX Treasures Pte Ltd has been "strike off" from the Singapore listed companies??

Is anyone facing the situation as I am? If so, did you go ahead and pump in more $$?

By the way, any of you ever come across Sharon Lee who used to work for AX Treasures? If you do, please do NOT trust in whatever she is trying to sell you. I was so gullible that I have fallen to another scam, thinking that she was genuine in trying to help me, only to end up now going to fight a legal battle to find ways to get all my money back from either her or the company she was working for (Sharon claimed she was just quoting what her company had told her but quit right when all my money disappears in that company, leaving me nowhere and no one to approach to try to claim that money back!!)

Sorry James, but were you asked to invest more $$ recently by NIXDORF-AX? I have also received a share certificate which also indicated my shares in the company after pumping in another $20K and was told that I can proceed to redeem my full sum of investment, including what I have invested at AX, 6 months from getting the share certificate; and given redemption form (via courier) weeks later. BUT...

Since then, I received a call recently by NIXDORF-AX and was told now that I would expect that return years later as I will need to wait for the company to be "strike off" and pass cool off period before making the redemption as somehow, there had been some "profits earning" under my account name in AX Treasures "audited book" (Interestingly, the amount cannot be disclosed and I cannot claim from AX Treasures since they are no longer around). And was told that if I want my returns quicker, I need to buy more preferential shares from NIXDORF-AX.. Were you in the same shoes as me? How did you proceed?

I am in the same predicament as RC and I need help to recover the money. Please let me know how. My email is ocslmz@nus.edu.sg

Hi,

You said NIXDORF-AX has fulfilled the promise. Have you got all your money back from AX Holding?

I have been experiencing lots of sleepless nights already! Please reply me.

Thanks.

I have the similar experience as u.  I called Nax Capital Ltd to ask them how to go about processing my redemption of my preference shares since they said have to wait for 6 months and now the time is up. However My wealth consultant, Rebecca Morais told me that her manager, Joanne Karaitiana is currently in their philippines office and she would be the best person to answer to my queries. After a short while, I received a call from Alex who claim to be a customer support officer from philippines office. He said that he was directed by the singapore office to call me. I thought it should be Joanne who should call me? Guess they are trying to shake me off. Anyway, Alex told me to email to enquiries@nixdax.com about my enquiries and they will get back to me within the next few days. I have a sensing that they will give me the same answer as yours. I am mentally prepared to lose my money if they did not deliver their promise. However, by then I will make a report with CAD and CASE. Hope there will be no more victim of this investment  scam.

Just lodge a report to CAD. It is good that we all put up our issues and findings here as well to do other a favor not to put in more money.

No, Colin did not even dare to provide his contact info for me to follow up with his positive experience. What is there to be afraid to share if it is true so that more people can go forth to pump in more money to buy the preferential share in order to recover all our money? NAX has been so desperate to get me to buy the preferential shares via several telemarketeer phone calls over several occasion to go to the NAX office in Harbour Front. Having been "conned" not once but twice is bad enough, so do you think I have not learnt my lesson to put in more money?

Hi Sky,
Please keep us updated on the outcome. I do hope that you will receive your payout when it is due. If not, I am not surprise either. Although I have not buy-in to their preferential share, AX Holdings has informed me via various means that I am their valued client and they have given me many chances to their offers of the Preferential shares tranches which I have not taken up. So before I decide to take up, I need to see more positive outcome.

Will update when they get back to me next week maybe. I want to see how they going to reply this time.

May I know so far how many had lodged a police report? Please let me know ok. Thks everybody.

Sky--we should not reveal ppl making police report here as even the police would not disclose the number or identities of person making the report. The purpose of sharing here is to help others not to fall deeper into their financial losses or whatever scheme they may come out with. I do hope those with positive experience where they have gotten back or recover their hard earn money to put their contact info so that we can verify or authenticate. This will give us hope and trust to look forward to recover our money. There is no harm to make police report for those who felt that they have been conned or deceived by this company as long as the company is registered in Singapore ACRA. Report to Monetary Authority of Singapore as well to blacklist them.

May I have your latest update. Thanks

I am still receiving from Nixdorf-AX mail via courier and registered post about the AX developments and also trying to convince me to purchase their Preferential Shares. The fact is that I have no money to further invest in the Preferential shares as I have still bleeding financially to pay my outstanding loan from credit card which I took to invest in the AX Treasures. I was persuaded by Joanne K that I could get my money back within 6 months and that is the reason why I agreed to use my credit card to participate in their program as it was so convincing that they made arrangement with their lawyer for me to sign the POA so that they can act on my behalf to takeover my timeshare. However 2 months after the POA is signed, Joanne K called me to inform me that they are unable to takeover my Timeshare as the timeshare management require another legal document (Statuary Declaration) to proceed. To get that legal document, I have to pay another $18K which I could no longer afford. So in this sense, it become that situation where I forgo to let the company act on my behalf to take over the timeshare. This is tactic that they use to made us pump in more money as what they say is not written or recorded. We have no case against them other than the document and receipt of our payment.

Hi all,
On 17th Aug 2013, Lionel made an appt with me. Claiming that being AX holdings beneficial interest, i am given priority to convert my investment into Preference Shares with Nixdorf-AX. My original investment with AX was $18k. Lionel asked me to pump in another 25k to purchase min 25 shares of Nixdorf AX, in order to be a shareholder. Lionel said after 6 mths, i can choose to redeem them at $25k + 50k bonus, total $75k. I counter propose that he give me a personel loan of $25k, to fund this investment. Once 6 mths is up, out of the $75k , i will get my 18k back and he to get back $57k, which is a more than 100% return or 200% annualise profit. But we need to go to a legel firm to document this loan, subject to the terms that Nixdorf return the $$ to me, then i am able to return him, else i will not be liable for the repayment of this loan. I even said to him that as a staff of Nixdorf, this opportunity cannot be missed. He refuse this counter offer by me, and the appt ended then.

Eric, another guy made an appointment with me 22nd jan, informing me that the deadline for the participation to Nixdorf AX via purchasing Preference SHares has expired. HOWEVER, he can make an exception IF i agree to purchase preference shares from him. NOW there is a MINIMUM shares of 2 shares that cost $2500, instead of 25 shares intorduce by Lionel. Now i feel damn fishy about the whole thing. They again mention that after 6mths, you can start to redeem yr preference shares at Par value of $18k + $2.5k. This sounds sooo wrong. After a few months, investment to a company can change !!!

Today , i meet with Jonna K. She presented to me 3 options: 1) Stay with AX with no bonus or dividend until the 7th Year on 2017, to recover my 18k investment, 2) Accept 2k to relinquish my $18k investment, and 3) to purchase a min 2 shares at $2500.

Well, in 2011, Jonna promised a bonus of $3-5k for my investment. I told her, all didnt take place. She says investment is not 100% , even human is not perfect. But now Nixdof will strive to acheive excellence. Then after this conversation, she asked me to invest via preference shares and within 12 mths, my returns will be almost 40%.

I told her i am not interested anymore. And the appointment ended.

It seems that this company is desperate to get money. The story seems to change for every client. The min no of shares offered to me was much higher than what they offered to cloudsoon. I was also previously informed that Rebecca Morais was no longer with the company and yet it seems not true. The offer to relinquish the contract at $2K was also ridiculous. What kind of investment is this when after investing over $20k for three years is equal to nothing?? Then what is the purpose of allowing the option to close the acc at the 3rd and 5th yr for?? Might as well say compulsory 7 yr.

Too many uncertainties = bad investment. It looks like we are all suckers.