Note: Those affected should file your reports with ALL applicable agencies. Hong Kong Police Cyber Crime because their corps are in Hong Kong https://secure1.info.gov.hk/police/eforms/report_cyber_crime_en.php Hong Kong Consumer Council https://www.consumer.org.hk/cc-complaint/index.php?lang=en UK Action Fraud because their banking is in the UK http://www.actionfraud.police.uk/ US FBI Internet Crime Complaint Center for US residents to document losses http://www.fbi.gov/report-threats-and-crime Black Arrow Bank Information Beneficiary company name: BLACK ARROW LIMITED Beneficiary company address: Room 1701, 17/F, Henan Building, No. 90-92, Jaffe Road, Wanchai, Hong Kong Beneficiary bank account number: Beneficiary bank name: HSBC Hong Kong Beneficiary bank address: 1 Queen’s Road Central, Hong Kong Swift address: HSBCHKHHHKH IBAN: There is no IBAN. This company is located in Hong Kong, not in Europe. Hong Kong uses SWIFT. IBAN and SEPA are for Europe transfers only. Beneficiary company name: DESTINO LIMITED Beneficiary company address: Flat 1 Edward Place, 240 Kings Road, Reading, RG1 4NY, United Kingdom Beneficiary bank name: Metro Bank Beneficiary bank address: 201 Broad Street Mall, Reading, RG 1 7QA, United Kingdom Beneficiary country: United Kingdom Swift code: MYMBGB2LXXX EUR Account Number: USD Account number: GBP Account Number: Description of the fraud: Black Arrow set up the website: http://www.blackarrowsoftware.com/store/ They set up the bank accounts listed above in Hong Kong and United Kingdom. They offered “mining” computers at prices significantly cheaper than KNC Miner and Cointerra to entice people to become customers. They collected funds from customers globally both by wire transfer and by BTC. They ordered the parts, assembled the “mining” computers, and instead kept the equipment to “mine” the BTC themselves. The entire time, they lied to customers through email and their website blog stating that huge technical obstacles were causing the delays. Technically proficient customers started suspecting fraud after identifying that the technical issues that Black Arrow was claiming, had already been solved by other companies years ago. These customers and others who were already upset with the delays began requesting refunds, and initially Black Arrow agreed. However, Black Arrow was intentionally lying again to customers to keep the equipment and “mine” the BTC longer. Because they only had to pay for the electricity, Black Arrow was able to generate profit very easily. The BTC market fell steadily from December 2013, eventually making “mining” unprofitable. It was at this point (December 2014) that Black Arrow claimed all technical issues were solved, and that customers had 2 choices. Sign another contract and let Black Arrow host the “mining” computers for you, while you paid them additional fees. Have Black Arrow ship you the “mining” computers. Some customers who chose to sign a contract stated they received “mined” digital coins for 1 week, and then nothing after that. Essentially, Black Arrow is again illegally keeping the profit for themselves, because customers were paying the hosting fees. Those customers who chose shipment after the intentional >1 year delay have reported the equipment: had been illegally used, showed signs of scratches all over, significant wear and tear on the internal hardware, had rust on the exterior, was significantly less capable than advertised, catches fire easily, and/or completely inoperable. The intent of Black Arrow Limited and Destino Limited was to illegally secure 0% financing to mine BTC for themselves, ship used worthless and/or damaged equipment to customers once they were done, and give the false impression that all funds were spent or lost in fraud, while significant funds are still present in various bank accounts and digital wallets. Individuals Involved: Criminal 1: MR DANIEL ANDRONIC, www.facebook…iel.andronic.77 LONDON, UNITED KINGDOM Criminal 2: MRS IULIA CRISTINA IXARI (a.k.a. IULIA IXARI, CRISTINA IXARI) BERKSHIRE, , UNITED KINGDOM .
Consumer Reviews and Complaints
WRITE A REVIEWRate and Write a Review on Black Arrow LTD
Haomeet
That is really bad. It’s better you burn your money. Previous Review Next Post Coming Soon...
Ivette Murai Paniagua
Absolutely horrible experience with this doctor. Wouldn’t recommend to anybody. Previous Review Next Review
Auto One Warranty Company
My check engine light came on in my car. I was told it was my torque converter in my transmission. I took my car to AAMCO transmission
Sears
Sears repair services suck. We have american home shield insurance on our appliances and such. Not had any problems with ahs since we
Lakesha Hayes
My passion is helping individuals gain self-fulfillment, growth and happiness throughout this journey of life. In life challenges may
Palmer, Reifler & Associates
Previous Review Next Review
Cascadia Behavioral Healthcare
To Whom it May Concern: | This note is to serve as a formal complaint regarding the disservices of the staff at Cascadia Behavioral Health
GamersGate
This company will start by taking your money, promising DRM-free games and an easy interface. When you attempt to download and use your
This complaint and/or review was posted on HolySmoke.org on 02:46 am, July 23, 2019 (CST) and is a permanent record located at: https://www.holysmoke.org/scam/black-arrow-ltd-review/.
The reviews & complaints posted about Black Arrow LTD was submitted by a member or guest on this website. Any and all opinions and information are published as is. HolySmoke.org does not edit or remove any aspect of the report and is simply a consumer grievance free-speech platform. As such, HolySmoke.org cannot be held liable for the complaints and reviews posted about Black Arrow LTD as per Section 230 of the Communications Decency Act.
Paid for an X3 in November of
Paid for an X3 in November of 2013 and was promised delivery in February 2014. It’s currently December 2014, my order has not been shipped and my money has not been refunded.
I have ordered 50 X3 with Black
I have ordered 50 X3 with Black Arrow. I have received them few months late by they are very good quality and very easy to use. All in all I’m happy with my purchase.
This company was going to be the
This company was going to be the success where Butterfly Labs and their horrible shipping times failed! In December 2013 I “supposedly” got in on a first batch preorder of the “Prosepero X-1” bitcoin miner. Having to buy a minimum number at the time (10) this company made sure to have you on the hook for around $6,000 USD. Their marketing and scam filled promises were convincing. They promised a February delivery. After the delivery date came and went, they continued to string buyers along by providing “excuses” about manufacturing, development, or delivery complications. They then started “sweetening” the pot by promising bogus compensation packages to help maintain their “profitability”. On their website, they “forbade” group buys. This encouraged individuals to go in to a purchase by themselves. They even went so far as to THREATEN that if they found out you were engaged in a group buy, they would cancel your order and issue a refund -10% for their trouble. At this point, I would GLADLY take a 10% hit to get my money back. Speaking of money back. They WILL NOT issue a refund. So it really doesn’t matter. If you request a refund, your status will change from “in progress” or “shipping” or something like that to “cancelled” or “pending”. Again, it doesn’t matter. Because they state that they will issue refunds AFTER all the X-1 orders have been shipped. They routinely send out B.S. e-mails “updating” you on your orders progress and how it will be shipped by the end of that week. That day never comes. As of today, October 13, 2014, my order was placed almost exactly 10 months ago and it is now 7 MONTHS past their promised delivery time. Their machines at their promised 100 GHs speeds are now so obsolete, slow, and inefficient, that they will actually LOSE more money plugged in and running than if they were used as door stops. I PRAY they get their just deserts. They screwed me, my family, and families around the world out of Hundreds of Thousands if not Millions of dollars. Most of us were looking to be a part of something that would help us pay bills. This will be nothing but a total loss. There needs to be a CLASS ACTION LAWSUIT placed against this company targeting every asset the company AND its owners have. Do not do business with this company. They are protected by the shady Chinese commerce laws. YOU WILL REGRET IT! Deal with an alternate company in your respective country. Minersource etc. This is just ANOTHER fine example of the Chinese way of ripping off the planet. I’d pay $2,000 of my investment to have a local go in there and jam their foot up the “CEO”s rear. Any takers, gimme a call.
I ordered a Black Arrow X-3 in
I ordered a Black Arrow X-3 in December 2013 for $6000 USD and it is now September 2014 they are still unable to give me a refund or a final ship date. When asked about a ship time, the customer support rep says that she doesn’t have access to the shipping schedule. Many customers have asked if there is going to be any compensation. Blackarrow replys that there is going to be compensation but they are unsure of what it is, and it will be shipped AFTER all the initial orders are filled, NOT WITH. This means that they will then have to manufcature the items which just buys them more time to mine bitcoins with their customers equipment before getting sued. There is only a handful of X-3s that have made it to customers are they are now catching fire due to poor quality, so they have stopped all production. They delete negative posts on their own forum in order to retain any chance of getting more pre-orders from new a unsuspecting customers. They are now advertising a pre-order for a new kind of chip. They are listed as “in stock” on their website and yet they haven’t shipped their product from 2013. This whole time they were too busy to assemble and ship our product but they have enough time to create a new miner? This is truly the scam that keeps on scamming. Please avoid at all costs. Alexandru Ion Sovu 24 Branksome Court Prospect Street Reading RGI 7XR Berkshire United Kingdom [email protected] Passport 050620457 Romania Black Arrow Limited Company Number 1520309 Registered Office Room 21/F, CMA Building, No. 64, Connaught Road, Central, Hong Kong Holding Company Merlion Holdings Limited TMF Place, Road Town, Tortola, British Virgin Islands