Anonymous
map-marker Dubai, Dubai

Needs a zero

This is a complete scam . We have had 6 incompetent arrogant advisors who took fees and never even bothered to contact us and let our money dwindle. They talk rubbish and have no concept or morals. Stay away from them. Liars and incompetent. Hope the worst for them as they are stealing hard workers pensions.
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Tracey W Svh

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Verified Reviewer

I was scammed of $118k through this fraudulent pension investment scheme

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Original review Dec 31, 2023
Globaleye is a pension investment scam, with the true intent of making you lose your money. They stole over $118k from me and after several failed attempts to get them to give me my money back, I decided to file a fraud report against them through a fraud investigative agency, and they helped get back my money from Globaleye without requesting any upfront fees from me. If you would like to know more, contact me by email: tracey.winslow(at) aol.com. I will be glad to share this information because I know the police and securities commissions would help nobody, act now and seek refund.
View full review
Loss:
$118000
Cons:
  • Will scam you of your money

Preferred solution: Full refund

User's recommendation: Don't Invest, you will lose your money

Elaine T Gov

This review is from a real person who provided valid contact information and hasn't been caught misusing, spamming or abusing our website. Check our FAQ

Verified Reviewer

Totally mislead and mis-sold product

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Within weeks of my husband's sudden death my advisor proposed a new plan when I was not in a condition to make sound decisions. The company then did not follow up with me, on return to UK, they lost touch with me completely and after I had constantly complained one of their advisors agreed that my plan was not one which would be advised today - too late for me I have lost over $100,000! A widow and a pensioner, I am now in perilous financial straits.

View full review
Loss:
$100000
Cons:
  • Constant changes in personal advisors
  • Lack of follow-up

Preferred solution: Full refund

2 comments
Tracey W Svh

Globaleye is a pension investment scam, with the true intent of making you lose your money. They stole over $118k from me and after several failed attempts to get them to give me my money back, I decided to file a fraud report against them through a fraud investigative agency, and they helped get back my money from Globaleye without requesting any upfront fees from me.

If you would like to know more, contact me by email: tracey.winslow(at) aol.com. I will be glad to share this information because I know the police and securities commissions would help nobody, act now and seek refund.

Elaine T Gov

Although contacted by GlobalEye to say that they would look into the matter as a response to this post, nothing more has been heard from them one month later....typical of the lack of customer service and care for the customer

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Thomas B Olx

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Verified Reviewer

Dishonest behaviour

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When they took control of my pension they were supposed to provide me with good advice. Wow not a thing to give to these guys.

I have lost 20% of my pension value this is pretty serious. I thought i was dealing with professionals. There was lots of dishonest behaviours, push push push to sign a document even to a point of where the guy i was dealing with actually took my signed documents to the bank to make sure the direct debit was gonna be paid.

The bank threw him out of the building and called me. Lets just say i would like to meet this guy again one day

View full review
Loss:
$10000
Cons:
  • Unprofessional
  • Lack of honesty
  • Whole experience of the company

Preferred solution: Let the company propose a solution

User's recommendation: stay away

3 comments
Tracey W Svh

Globaleye is a pension investment scam, with the true intent of making you lose your money. They stole over $118k from me and after several failed attempts to get them to give me my money back, I decided to file a fraud report against them through a fraud investigative agency, and they helped get back my money from Globaleye without requesting any upfront fees from me.

If you would like to know more, contact me by email: tracey.winslow(at) aol.com. I will be glad to share this information because I know the police and securities commissions would help nobody, act now and seek refund.

Guest

I lost £20k as a result of cashing out early from a dreadful savings scheme. I reverse engineered the financial product and bamboozled my useless " advisor" a d worked out at best I migtbmake 2% return per annum.

I also transferred my SIPP but gained 3p% as I actively managed all the investment choices. I tried the advisor with 50% of my SIPP I gained more than him.

Tey are not suitably qualified advisors and say anything to get the business. Avoid !

Tracey W Svh
reply icon Replying to comment of Guest-2449455

Globaleye is a pension investment scam, with the true intent of making you lose your money. They stole over $118k from me and after several failed attempts to get them to give me my money back, I decided to file a fraud report against them through a fraud investigative agency, and they helped get back my money from Globaleye without requesting any upfront fees from me.

If you would like to know more, contact me by email: tracey.winslow(at) aol.com. I will be glad to share this information because I know the police and securities commissions would help nobody, act now and seek refund.

View more comments (2)
STEPHEN H Ozf

This review is from a real person who provided valid contact information and hasn't been caught misusing, spamming or abusing our website. Check our FAQ

Verified Reviewer
| map-marker Brussels, Brussels-Capital Region

Unlicensed Selling of Investments / Ignoring Client Risk Profile

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Updated by user Nov 20, 2020

Globaleye responded to my Letter of Complaint defending the decision of selling me the investment product and recommended I forward my complaint to the FSC about the marketing of the product.They completely ignored / ducked the complaint that even if the product had...

Original review Oct 21, 2020
Globaleye (GE) established an office in Brussels, employing former Devere personnel and "parachuting" in VP to manage the office from the UK where they were licensed. Progressively took over Devere clent base. Client Risk Profiles were updated (My profile was cautious investor with need to save of retirement)
2 x Investments were recommended for my QROPS plan.
Both according to my new IFA were high risk = high commission
>

From one day to the next GE office in Brussels closed at Belgium FSA had received complaints of there activities as they were offering investment advice in Belgium without a license, the VP of te team suddenly left BE and turned up in Dubai
>
The final investment proposal he made was to invest substantial pension funds into New Earth Solutions fund, it transpires that even as this was made the fund was already know to be "distressed" and high risk not in line with my risk profile This resulted in loss of GBP 173k
>

The second high risk investment was immediately moved to another investment fund suited to my risk profile, for future pension
>

I have attempted to claim for mis-selling from GE for the first fund since 2016, but continually are transferred to different Customer Service/Customer Complaints/Compliance individuals who all seem to move on or disappear once a response or decision is needed from GE side , nobody is prepare to admit they acted outside of the rules or ignored client profile
View full review
Loss:
$230000
Pros:
  • Approachable advisor for good reason it transpired
Cons:
  • Lack of honesty
  • Whole experience of the company
  • Advice

Preferred solution: Full refund

User's recommendation: Ensure that your IFA produces copy /evidence they have a license to sell investment products

1 comment
Tracey W Svh

Globaleye is a pension investment scam, with the true intent of making you lose your money. They stole over $118k from me and after several failed attempts to get them to give me my money back, I decided to file a fraud report against them through a fraud investigative agency, and they helped get back my money from Globaleye without requesting any upfront fees from me.

If you would like to know more, contact me by email: tracey.winslow(at) aol.com. I will be glad to share this information because I know the police and securities commissions would help nobody, act now and seek refund.

Paul A Oib

Miss leading web site

Web site claims they have ''FA'' seal approval, IF FA is a REGULATOR they do in fact regulate they DO NOT offer any from of tactic approval by way of regulation.Can't think why this hasn't been picked up.
View full review
Cons:
  • Lack of honesty
Reason of review:
Transparency issues

Preferred solution: consider telling the truth, no losses because the information provided is enough to see the red flag

1 comment
Tracey W Svh

Globaleye is a pension investment scam, with the true intent of making you lose your money. They stole over $118k from me and after several failed attempts to get them to give me my money back, I decided to file a fraud report against them through a fraud investigative agency, and they helped get back my money from Globaleye without requesting any upfront fees from me.

If you would like to know more, contact me by email: tracey.winslow(at) aol.com. I will be glad to share this information because I know the police and securities commissions would help nobody, act now and seek refund.

Jack S Khr
map-marker Edmonton, Alberta

Unscrupulous liers that are only intrestested in commisions.

I trusted the advisors with Globaleye with over $200K of my cash. The end result of my funds ended in a absurd negative return of -65%. I clearly indicated and signed numerous documents that my risk factor was the lowest risk level but obviously that never occurred. Also to add Globaleye assigns your cash charging structure under Old Mutual International (OMI). Beware that OMI's charging structure is totally unprincipled and unethical. They held my cash in an account and charged me 52% for holding MY cash. Please STAY AWAY from these companies.
View full review
Loss:
$120000
Reason of review:
Not as described/ advertised

Preferred solution: Full refund

1 comment
Tracey W Svh

Globaleye is a pension investment scam, with the true intent of making you lose your money. They stole over $118k from me and after several failed attempts to get them to give me my money back, I decided to file a fraud report against them through a fraud investigative agency, and they helped get back my money from Globaleye without requesting any upfront fees from me.

If you would like to know more, contact me by email: tracey.winslow(at) aol.com. I will be glad to share this information because I know the police and securities commissions would help nobody, act now and seek refund.

Anonymous

Dishonest

They fail to tell you what it will cost you and keep charhe information from you
View full review
Reason of review:
Poor customer service
1 comment
Tracey W Svh

Globaleye is a pension investment scam, with the true intent of making you lose your money. They stole over $118k from me and after several failed attempts to get them to give me my money back, I decided to file a fraud report against them through a fraud investigative agency, and they helped get back my money from Globaleye without requesting any upfront fees from me.

If you would like to know more, contact me by email: tracey.winslow(at) aol.com. I will be glad to share this information because I know the police and securities commissions would help nobody, act now and seek refund.

Anonymous

Aaron Pacitti is a crook

Aaron Pacitti approached me several years ago and proposed to invest in a UK based bond (OMI) for which he got a very rich commission. He then converted very cleverly my portfolio into being skewed to a fund based in Luxembourg named Columna.

I found out only later he had interest in the fund as well being the fund advisor. Now the fund has been suspended and is in liquidation and no money to be found. Aaron Pacitti being hiding in Dubai driving around in Lamborghini and pretending not to have any responsibility.

People like me lost a lot of money as he managed to place millions in this fake found of his and leaving with all the money. Do not trust him, he looks very prepared and very professional but is nothing but a dirty crook.

View full review
Cons:
  • Crooks
Reason of review:
fraud

Preferred solution: I want them to return the money they stole

9 comments
Tracey W Svh

Globaleye is a pension investment scam, with the true intent of making you lose your money. They stole over $118k from me and after several failed attempts to get them to give me my money back, I decided to file a fraud report against them through a fraud investigative agency, and they helped get back my money from Globaleye without requesting any upfront fees from me.

If you would like to know more, contact me by email: tracey.winslow(at) aol.com. I will be glad to share this information because I know the police and securities commissions would help nobody, act now and seek refund.

Guest

I suggest you put out a bounty on him , street justice to mess him up.

Guest

I can confirm that Aaron Pacitti is a crook and has defrauded 2 of my clients out of 46 Million USD

Joe Barry

Anyone who has lost money related to investments Aaron Pacitti or David Mapley please contact me at send a text to 305-521-**** with your contact information. I may be able to help you.

Guest

Aaron has always been and continues to be a con man, he has stolen millions from innocent people. He is violent and deserves to be in prison.

Guest

Aaron has been a con man for most of his life. I can not believe what I’m reading and how he has managed to con his way through his life.

Do not trust this man. Not only is he untrustworthy but he is a violent criminal

Deasia Pjq

You should contact David Mapley a Swiss investigator who is now head of the umbrella structure LFP1 in Luxembourg under which this fraud was perpetrated. You have very good prospects of recovering your losses as there is a great deal of negligence on the part of fund managers and auditors even if recovery of defrauded monies proves elusive.

As to crooks like Pacitti they belong in prison and the industry needs to step up and start policing itself to a higher standard. I strongly disagree with William, Globaleye and Old Mutual ( a 173 year multi billion company ) should be held liable for facilitating this kind of fraud.

Zaleah Gcd
reply icon Replying to comment of Deasia Pjq

For anyone negatively impacted by failed funds such as LM, Axiom, New Earth, Kajani, Columna, Eco Resources, Lucent, TCA Credit Master, EEA, Quadris or others please join the group action against the perpetrators. Newport Group are litigation experts based in London working with one of the UK's top QC's to seek redress for anyone encouraged into buying these illiquid, suspended and failed funds.

There is no cost to join the class action suit.

It's no win/no fee. For more information please see www.newporttm.co.uk global@***.co.uk

Guest

I apologize for being gruff, but this is absolutely your own fault.

If he left you enough for a plane ticket, go to Dubai and set things right.

View more comments (8)
David E Avi
map-marker Dubai, Dubai

Misrepresentation by Idnan Hussain Malik

Back in 2015 I was approached by Idnan Malik who subsequently advised me on moving my pension funds. Also he persuaded me to invest £10,000 in oil price related bonds.

Due to subsequent fall in global oil prices the bonds did not realise their 14% return on investment. I have been trying to contact Idnan recently to determine how my bonds stand now that oil prices have risen. Needless to say I have not received a response from him.

I believe he no longer works for Globaleye and is back in the UK. If anyone knows of his current where snouts in UK I would be grateful if they could let me know by posting on this site.

I believe his parents live in Oxford.

Thanks DED

View full review
Reason of review:
Poor customer service
8 comments
Tracey W Svh

Globaleye is a pension investment scam, with the true intent of making you lose your money. They stole over $118k from me and after several failed attempts to get them to give me my money back, I decided to file a fraud report against them through a fraud investigative agency, and they helped get back my money from Globaleye without requesting any upfront fees from me.

If you would like to know more, contact me by email: tracey.winslow(at) aol.com. I will be glad to share this information because I know the police and securities commissions would help nobody, act now and seek refund.

Guest

Yes, he is at very best inept, but he tells tall stories. He's hiding in Oxford.

You can use the guy listed in Private Eye Magazine to find him, his parents are in Oxford. He needs beating up.

Guest

He is back in Qatar he has a new identity his new name is Mohammad Malik

Guest
reply icon Replying to comment of Guest-1538815

My goodness! I hope he gets run over...

Guest

Hi there...yes pleasemessage me I know his where aboutsA lot of unhappy people.sms me on 0748654****

Guest

I'm sorry that this has happened. There are many IFA's who give misleading advice. May I have your contact details?

Guest
reply icon Replying to comment of Guest-1494073

Nadak6 - I am in a similiar boat - what can you do?

Guest
reply icon Replying to comment of Guest-1520982

Hi Richard, Kindly leave me your contact details so i can get in touch.

View more comments (7)
Anonymous

Childish Timmy

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I worked three years in this company headed up by Tim Searle. In all my life I've never seen such a great company destroyed by the antics of its owner the overgrown child Tim Searle.

The tantrums , constant moaning , his racist overtones and his *** sexual advances are just pathetic. I was there when half of his workforce just up and walked out without warning on a Tuesday morning. The company is in alot of financial trouble now, having to sell off its office in hongkong just so it can survive a few more months.

The company and Tim Searle are on there way down , sad but true. Get out while you can

View full review
2 comments
Guest

Tim is not a great guy. Also worked at globaleye for a bit and everything about him was of a garbage character. Gets considerably worse involving alcohol.

Guest

This just isn't true at all. I worked for Globaleye for a year before returning back to the UK and thought Tim was a great guy.

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Anonymous

This company is totally unethical.

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This company will try and rip you off. Their so called advisers are in the main totally untrained and have very little knowledge of investments, savings and pensions.

They get very little training consisting of under a week where they basically learn a sales script. They are all commission only and are encouraged to sell plans that make the most money for the company and themselves whilst neglecting what is best for the client. The management give themselves fancy titles eg in Vietnam there is a Vice President called Andy Menzies. In truth he makes Arthur Daly and Derek Trotter look respectable.

He would be more at home as a second hand car dealer.

If you value your hard earned money do not go near this man and company. You'll get bad advise, bad service and he will put your hard earned money at risk whilst at the same times lining their own pockets.

View full review
Cons:
  • Whole experience of the company
Reason of review:
Not as described/ advertised

Preferred solution: Let the company propose a solution

1 comment
Tracey W Svh

Globaleye is a pension investment scam, with the true intent of making you lose your money. They stole over $118k from me and after several failed attempts to get them to give me my money back, I decided to file a fraud report against them through a fraud investigative agency, and they helped get back my money from Globaleye without requesting any upfront fees from me.

If you would like to know more, contact me by email: tracey.winslow(at) aol.com. I will be glad to share this information because I know the police and securities commissions would help nobody, act now and seek refund.

Anonymous
map-marker Abu Dhabi, Abu Dhabi

Timothy Searle CEO of Globaleye.

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i worked for Globaleye in the UAE, and when I left I had a claw back pot of $15,000 USD. Timothy Searle who professes to the media to be as honest as the day is long , has stolen my money and others as well who have left.

Hi is nothing more than a common thief, who drives around Dubai in a Bentley or Rolls Royce. Both paid for by the rip off merchant's firm of advisers. They sell 25 year plans and make tens of thousands in commission for this. He also gets thousands off them for being in charge.

Loads of his so called advisers have no qualifications, and one called Idnan Malik has changed his name three times, due to his reputation. His son is the Operations manager, well in name. No experience or knowledge of operational management. Paid 75k GBP and drives a flash Mercedes.

No doubt daddy will gloss over the fact he is totally incompetent.

Mind you Timothy Searle is a bumbling *** and a tyrant and a thief, so what do you expect. So beware if a Globaleye salesmen cold calls you or is introduced, don't be fooled by smoth talk, as you will be ripped off and regret it.

View full review
Loss:
$15000
Reason of review:
robbed
3 comments
Tracey W Svh

Globaleye is a pension investment scam, with the true intent of making you lose your money. They stole over $118k from me and after several failed attempts to get them to give me my money back, I decided to file a fraud report against them through a fraud investigative agency, and they helped get back my money from Globaleye without requesting any upfront fees from me.

If you would like to know more, contact me by email: tracey.winslow(at) aol.com. I will be glad to share this information because I know the police and securities commissions would help nobody, act now and seek refund.

Guest

I keep coming across this Idnan Malik

Guest

They are now pushing their Aeon shares which are owned by Tim Searle and also they are rebranding as their repuation is so bad.

View more comments (2)
Anonymous
map-marker Abu Dhabi, Abu Dhabi

Globaleye lost my pension money.

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I had a meeting with a Waqas Babar who moved my pension from the UK to a Qrops. This was all in order and I was happy until it came to investing the funds. Waqas recommended four funds all of which he pushed despite my reservations on a couple. I went with his advice as he was the supposed expert. One fund has gone belly up called New Earth and I have lost 37,000 pounds because of his bad advice. The other three I found out paid him commission which he denied. I made a complaint to their management and was informed that in the small print I had chosen the funds!! READ IT AND DO NOT TRUST WHAT YOU ARE TOLD.. I have moved my account from Globaleye some years ago, and have subsequently managed to recoup my losses. This is due to dealing with a proven company and advisor. So do not be taken in like I was and deal with Globaleye at your peril.
View full review
Loss:
$45000
Cons:
  • Globaleye
Reason of review:
loss of money due to poor advice

Preferred solution: Full refund

2 comments
Tracey W Svh

Globaleye is a pension investment scam, with the true intent of making you lose your money. They stole over $118k from me and after several failed attempts to get them to give me my money back, I decided to file a fraud report against them through a fraud investigative agency, and they helped get back my money from Globaleye without requesting any upfront fees from me.

If you would like to know more, contact me by email: tracey.winslow(at) aol.com. I will be glad to share this information because I know the police and securities commissions would help nobody, act now and seek refund.

Masey Okb

www.expatinvestmentclaims.com for more information regarding financial compensation for your mis sold qrop

View more comments (1)
Anonymous
map-marker Abu Dhabi, Abu Dhabi

Tim Searle Clown

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I was persuaded to join Globaleye from another company stupidly. The company I had come from was very professional and had a strict dress code and the male staff all shaved and wore business attire.

My first day I was amazed at how unprofessional the whole set up was. People dressed like they were in the circus including the boss!! He had a suit that was green striped fluorescent green lining, matching green glasses. Add the pink shirt red socks and horrendous tie that looked like someone had thrown up on it, completed the ensemble.

If this wasn't bad enough staff had unshaven stubble and part beards. Whilst this is not a crime, I saw it as wholly unprofessional and not how a representative of a financial company should present. I would have thrown them out of my office if they came for an appointment with me. Then there was the manager who I saw once during the week I worked there.

He didn't even say hello, did not hold any meetings with the staff. I would come in at 08.30, and between 9 and 10 am a few would drift in, make coffee and eat breakfast. I was shocked at how slack and amateur the branch was.

Needless to say I went back to my original company. I could not work for a complete rabble of a company.

View full review
Reason of review:
Poor customer service
2 comments
Tracey W Svh

Globaleye is a pension investment scam, with the true intent of making you lose your money. They stole over $118k from me and after several failed attempts to get them to give me my money back, I decided to file a fraud report against them through a fraud investigative agency, and they helped get back my money from Globaleye without requesting any upfront fees from me.

If you would like to know more, contact me by email: tracey.winslow(at) aol.com. I will be glad to share this information because I know the police and securities commissions would help nobody, act now and seek refund.

Guest

Whilst i disagree with facial hair determining professionalism of a company, Tim's dress sense is something I cannot comprehend either. I genuinely thought he was a hired magician at first.

On a separate note, speaking to him was full of racial undertones about which nationality of clients he would like to see sign for Globaleye. Horrible person.

View more comments (1)
Anonymous

Timothy Searle CEO

Tim Searle is a vindictive spiteful bully. He portrays himself as a wonderful employer, but is in fact a thief and a cheat.

He has had a mass exodus of staff across the board from Globaleye. He has treated admin staff who are paid pitiful salaries with complete spitefulness. One who resigned from the Abu Dhabi office, has been made to serve out her final month's notice in the Dubai office. Pure spite, as the poor girl has to get up two hours earlier than normal.

Has to pay to travel by bus, then is two hours later in arriving home. He deliberately delays visa cancellation's to be awkward. But the worst is that he steals the advisers money he keeps out of there commissions. Stating it is a claw back pot, minimum amount held $15,000 USD.

When you leave he keeps it, saying until policies come off risk this is needed. Even when there are no policies on risk he keeps it. Nothing more than a common thief, with no ethic or morals.

Yet he portrays himself as a savior to this terrible tainted business. This as he swans around Dubai in a Rolls Royce or a Bentley.

View full review

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