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Sportspyschometrics LLC, Boston Biometrics LLC and John Thomas

Sportspyschometrics LLC, Boston Biometrics LLC and John Thomas

When we first heard about John Thomas and his Sportspsychometrics, sports betting system it was through a family member who had already invested and was receiving regular payments.   My Fiancé and I watched carefully for 2 months and payments kept coming.  We had also spoken with other people who were receiving regular payments and everything seemed to be legit.   Mr. Thomas made claims that the outcomes of some professional sports games are pre-determined, in other words the games are ‘fixed’.

With Mr. Thomas’ sophisticated algorithm he and his team could determine which teams were going to win.   People could invest in two ways. 

1.)    A straight loan plus interest agreement – where you got paid every 15 between 10-13% interest on your principal investment and you could get your principal back at anytime as long as you gave 15 days notice.    The interest rate was determined based on the amount of money invested.

2.)    A 0% interest loan for 1 year time for shares in the Sportspsychometrics LLC which would then pay out dividends using 80% of the profits made and the original loan would be returned.

We started initially with a $35,000 investment, 1 week after our investment I asked for a portion of it back.  The money was promptly returned plus the interest for that time period, making our confidence even higher.   When we saw that the payments were coming in on time like clockwork for 6 weeks we decided to put in another $65,000 for a total of $100,000.  

In January 2013, Mr. Thomas informed us that the 2 week interest payment schedule would be converting to a 1 month payment schedule and that only shareholders could keep the two week schedule. 

Based on the obvious calculations of the 2 week returns compounding them by only taking 1 payment every 30 days, it was clear we should purchase the shares so we put into it another $100,000 over the next 2 months.

We never received any other payments after February 2013.  Mr. Thomas started giving excuses to us and other people we knew who had also fallen victim to this Ponzi scheme.  He begin with saying that they were upgrading systems to Homeland Security had frozen the funds in a large off shore transfer.

Finally after weeks and months of trying to reach Mr. Thomas he finally took my call to try to give more stories and said he had another company that he was intending to use to settle the outstanding debts.

He emailed us over a similar so called opportunity with a new company called Boston Biometrics LLC, which claims to have a personality profiling tool in which they can pre-determine the characteristics of people to tell if they will be good/bad employees.  Funny, we should have used that on Mr. Thomas before investing. 

We haven’t heard from or seen anything from Mr. Thomas again.

The financial damage to my fiancé and I has been massive.  We have had to drastically scale back our wedding plans and living arrangements.   We just want our money back and to prevent Mr. Thomas and his band of cronies from harming anyone else.  

 

 

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