• Foxi Capital

Foxi Capital

Overview

Foxi Capital has a rating of 3.94 stars from 18 reviews, indicating that most customers are generally satisfied with their purchases. Foxi Capital ranks 32nd among Investing Other sites.

  • Service
    6
  • Value
    6
  • Quality
    5

This company does not typically respond to reviews

Positive reviews (last 12 months): 0%
Positive
0
Neutral
0
Negative
4
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How would you rate Foxi Capital?
Top Positive Review

“SO FAR SO GOOD”

Joel A.
3/31/21

I have recently commenced investing with Shaun and the team at RAIC, so far I have been more then impressed, almost too good to be true! The communication and transparency with Shaun and Mel has been great and I have nothing but praise so far. The product appears amazing and I have high hopes for my investment. As I am only in the initial phase of investing I can't say much about the returns on investment, or the results, however if everything goes well I will post another review vouching for the returns. - JK (Invested March 2021)

Top Critical Review

“Foxi Capital, Foxi Invest and Responsible Entity Services are a SCAM”

Marc C.
8/11/23

This company is a scam and recently entered VA. It was exposed in the VA that Shaun Fox illegally mismanaged investor funds and paid himself and staff with the proceeds. ASIC have since banned him. Shaun has hired shadow Director's to run his companies. Steve Askew, Joshua Smith, Chris Farace, KT Nguyen are all criminally involved in Fox's investment schemes. Now, Mine Enterprise Lending and Foxi Invest are taking off where Foxi Capital left off. Stay away from these criminals. They stole my family's money and Responsible Entity Services (RES) are also part of this major scam.

Reviews (18)

Rating

Timeframe

Other

Thumbnail of user joela174
1 review
1 helpful vote
March 31st, 2021

I have recently commenced investing with Shaun and the team at RAIC, so far I have been more then impressed, almost too good to be true!

The communication and transparency with Shaun and Mel has been great and I have nothing but praise so far. The product appears amazing and I have high hopes for my investment.

As I am only in the initial phase of investing I can't say much about the returns on investment, or the results, however if everything goes well I will post another review vouching for the returns. - JK (Invested March 2021)

Products used:
Pleasure Point Mine

Service
Value
Quality
Thumbnail of user deborahk1307
1 review
0 helpful votes
November 4th, 2022
Verified purchase

Firstly to acknowledge on reading information & watching video presentation with Shaun on Pleasure Point mine…A clear understanding along with confidence to invest in this project….
The support team follow through to completion of investment has been a pleasure to be party to….

Tip for consumers:
End Result

Products used:
Pleasure Point Mine

Service
Value
Quality
Thumbnail of user lianas15
1 review
1 helpful vote
November 27th, 2020

I couldn't have asked for a better experience. I didn't know what to expect to be honest but after talking with Joshua on numerous occasions, he took the time to answer all of my questions, no matter how simple or strange they were. This really showed me how much Joshua and the rest of the RAIC team care for each client they encounter. There were times I was unsure if I would commit and yet Joshua still spent time and offered assistance as if I had been investing with them for years. Thank you RAIC, I look forward to our future as partners.

Thumbnail of user sanaullahs1
1 review
1 helpful vote
November 24th, 2020

Thanks Shaun, it was very informative and helpful experience with you. Made me realize what a great difference a business mentor can make. Looking forward to more of these informative meetings. Sonny

Thumbnail of user adamr575
1 review
0 helpful votes
May 22nd, 2021
Verified purchase

Shaun has been a pleasure to work with offering mentorship, he spent well over an hour building relationships after multiple conversation with his relationship manager. I invested in RAIC and payment was made promptly as advised. Since than, I have had multiple conversation with RAIC staff and Shaun. Highly recommend.

Products used:
Investing

Service
Value
Thumbnail of user marccollis488
1 review
4 helpful votes
August 11th, 2023

This company is a scam and recently entered VA. It was exposed in the VA that Shaun Fox illegally mismanaged investor funds and paid himself and staff with the proceeds. ASIC have since banned him. Shaun has hired shadow Director's to run his companies. Steve Askew, Joshua Smith, Chris Farace, KT Nguyen are all criminally involved in Fox's investment schemes. Now, Mine Enterprise Lending and Foxi Invest are taking off where Foxi Capital left off. Stay away from these criminals. They stole my family's money and Responsible Entity Services (RES) are also part of this major scam.

Tip for consumers:
This company is a scam and recently entered VA. It was exposed in the VA that Shaun Fox illegally mismanaged investor funds and paid himself and staff with the proceeds. ASIC have since banned him. Shaun has hired shadow Director's to run his companies. Steve Askew, Joshua Smith, Chris Farace, KT Nguyen are all criminally involved in Fox's investment schemes. Now, Mine Enterprise Lending and Foxi Invest are taking off where Foxi Capital left off. Stay away from these criminals. They stole my fam

Products used:
Fake Investment Scam

Service
Value
Quality
Thumbnail of user johng5110
0 reviews
0 helpful votes
June 27th, 2022

I love working with FOXI Capital and shaun is amazing person who has a big heart, wants to help as many people as he can! I have nothing but great things to say about shaun, he has helped me and business parnter in so many ways, that we can't thank him enough! I highly recommend everyone to work with him! Truly blessed to have meet him!

Thumbnail of user rhysa15
2 reviews
2 helpful votes
November 23rd, 2020

I feel very lucky to have come across Josh & the RAIC team when I did, what a exciting forward thinking company to be able to invest with.
Having Josh helping me every step of the way showed me that he is the epitome of a true professional, he will be hearing from me again in the near future without a doubt.

Thumbnail of user christinal391
1 review
0 helpful votes
November 27th, 2020

Very exciting company I spoke to Joshua about investing in Qld mine. Although unable to commit this year I am staying in touch to keep up with other opportunities. Joshua was very inspiring and took time to answer my questions thanks

Thumbnail of user johnm6151
1 review
2 helpful votes
November 23rd, 2020

On entering COVID lockdown, I like many others felt very uncertain about the stability of my financial future. I went to Shaun for guidance and to my suprise he offered to take me on as a mentee. I've already started my own brokerage and have investments in two projects coming my way. The uncertainties I felt subsided and are now replaced with excitement about all the new opertunities I've been given. Pretty much everything I said I wanted he had a way to achieve it with ease. Not just in buisness but in personal life also. The thought of speaking in public was terrifying and after mentioning this to him he inspired me to start on the path to actually want to learn to do this. Be it sport, diet or everyday desire to succeed in life he seems to just have the gift of sharing his knowledge and experience. I instantly found him to have excellent values of truth, integrity and decency. Extremely easy to get along with and makes everything seem so effortless. I always felt listened to, valued and appreciated, even when I started and had no clue what I was doing. He showed patience and understanding and never showed doubt in my capabilities. I came to Shaun with a desire to learn about realestate and get on the property ladder and before I knew it everything was slipping into place. Within no time at all, he made me realise all was achevieble and set plans and goals to action. Starting with a brokerage and helping me to invest in numerous projects wisely. I wanted positive happy people around me that would only breed positivity in my life and from day one Shaun was that and more. Love his passion for making change in the world especially with his desire to spread education. I always feel even more passion for projects after talking to him and find myself honoured to call Shaun not only a role model but a dear friend. And for that I am truely grateful.

Thumbnail of user bogdanf15
1 review
3 helpful votes
November 26th, 2023

Was taking money from investors without any intention of extracting any value. Material misrepresentation and lies abound. Still trying to raise money with MEL fund. Stay away!

Service
Value
Quality
Thumbnail of user thomasl904
1 review
0 helpful votes
November 28th, 2020

Josh and the team at RAIC have shown exemplary strength, unity and commitment to its ongoing development of projects and people. Josh has been providing highly professional, timely and sound insight that goes beyond a national scope through to the evolving and adapting global business environment. Josh and the RAIC team have been remarkably adept in their ability to pioneer, safeguard and respond to the global pandemic of Covid 19. A highly professional and groundbreaking organisation that is exemplified by its people, expertise and passionate attitude for delivering results.

Thumbnail of user edwardg337
6 reviews
64 helpful votes
November 5th, 2020

Thank you for response, and your distorted version of the facts. I did reinvest the funds you returned and I invested them in your Pleasure Point Mine. Check your records.
You contacted me earlier this year stating that the 10% "good will" would be made because your previous project failed and you kept the invested funds for 6 months without paying any interest. Earlier this year you stated that the payment would be made in 2 weeks. Since January you have been making excuses as to why it hasn't been made.
The fact of the matter is you have not made that interest payment while my funds were sitting in my account. I'm still waiting to be paid.
I think you are a little delusional. At one point in your reply you claim that I am not entitled to the interest payment, and later you claim that you have sent me a " formal confirmation to pay " and I am still waiting for that payment.
I don't know why you mention my other investment which isn't the issue. Could it be an attempt at salvaging some credibility? The P. P. M has still to prove itself. I wait with interest for the next interest payment due next month, or will it be more sad pathetic excuses why the payment can't be made.
I have emailed you recently regarding this matter. Feel free to post those emails with these reviews.
I notice at the end of your review, you make an attempt to portray your company as ethical, and trust worthy, when in fact the opposite is the case.
You mentioned in one of your emails that you are doing the best you can to look after your staff. If it wasn't for investors you wouldn't have any staff.

Thumbnail of user amier19
1 review
1 helpful vote
November 22nd, 2020

I have known Shaun for a couple of years now, we met unexpectedly through a mutual friend. Originally it was a meeting set up as I was told I could hold some inside information that might be of use to Shaun regarding a project of his, it turned out to be much more than that.
Upon meeting Shaun I felt instantly comfortable. It's easy to see why he is so successful once meeting him in person. Not only is he smart but the passion he exhibits when talking about not just once but each and every project he works on is so genuine you can't help but smile.
He is such a people person with a drive not only for himself to succeed but to assist others in succeeding.
As busy as he is he always finds time to have a chat with me about how he might be able to assist me in bettering my future.
When we first met I had a drive to one day have a house and be financially stable but had no idea if this was ever possible. Shaun helped me though a thorough explanation of his investment company and to someone like me who isn't particularly great with numbers it was very comforting.
I didn't invest a great deal but the benefit of being able to ask for the turnover earlier this year when covid hit made a huge difference that I may otherwise not have had.
I cannot speak of or recommend Shaun as a person, his services or his companies more highly.
Great businessman, great friend, great human!

Thumbnail of user benc777
1 review
5 helpful votes
November 22nd, 2020

When I first spoke with Joshua I was undecided untill he put me in touch with Shaun. Who, after getting to know Shaun and him guiding me through how the opportunities work, he is 100% genuine and willing to give people advice and watch them suceed.

Thumbnail of user edwardg225
3 reviews
44 helpful votes
August 20th, 2020

On the occasions I needed to make inquires regarding the PPM, I was fortunate enough to deal with Krysten. I have found her assistence and information to be invaluable, her attitude very professional, and she delivered on issues that needed to be rectified. Krysten is a great asset to the company, and needs to be recognised accordingly. Perhaps some form of renumeratoin to reflect her value and commitment she brings to her role would be appropriate recognition.

Thumbnail of user marleneh103
Shaun F. – Foxi Capital Rep

Hello Eddie Green, thank you for posting up a review, once again, we appreciate all feedback irrespective of what colour it paints us in. I would like to make a small correction and to elaborate a little. You are correct that we closed the investment raise you were initially involved in and we did return all funds back to you from the holding account promptly. You fail to mention that the bonus 10% was to be paid to you if you joined the next investment which was scheduled to be 4 months after your funds were returned to you and if you did we would pay the "good will" interest from the very first day you deposited funds right up until the day you reinvested. This meant that we will be paying you 10% interest while you held the money in your own account. (not a bad deal, to be paid to hold your own money) You failed to mention that you did reinvest with us, we then paid you 12% interest up front for the first year on that investment and you are booked in for an addition good will interest of 10% (for funds we never used or made a return on as a company) you are currently an investor in the fund and enjoying the full 12% no fees that we offer. And as stated many times to you in relation to the 10% good will payment, we are only able to pay this once the current fund has reached a certain amount of drawdown. You have however received formal confirmation of intent to pay, it is unfortunate that it has taken longer than expected to be able to reach a drawdown with the current investment, however in the current Global Pandemic environment the raise has been a slower than expected as people are cautious to invest and here at The Retirement and Investment Centre we do not use pushy sales techniques to raise funds, we build slow and solid relationships and we have worked our raise in line with investor sentiment, we firmly believe in the journey with all of our investor friends, not the quick dollar. I am wholeheartedly sorry it has taken a little longer than expected to get your Good Will interest to you, but in our defence i would like to ask, How many other fund managers would pay someone to keep their money in their own accounts? Please feel free to call me anytime to talk through your current investment you have with us, or to walk through any questions you have about the bonus good will 10% interest.
Shaun Fox Managing Director RAIC

Thumbnail of user jakeb434
1 review
1 helpful vote
January 8th, 2024

Beware of this company. An absolute scam company and ASIC has banned the Director Shaun Fox for misleading investors. Currently also under investigation for serious fraud and financial crimes.

Tip for consumers:
Beware, Shaun Fox and any Foxi company is a scam and fraud.

Products used:
Fake investment

Service
Value
Quality
Thumbnail of user ronb1168
1 review
7 helpful votes
June 18th, 2023

June 9 2023 - ASIC has banned the director of Foxi Capital AU Pty Ltd and authorised representative of Responsible Entity Services Ltd, Shaun Fox from providing financial services and being involved in carrying on such a business for a period of eight years.
ASIC found Mr Fox contravened financial services laws by making false and misleading statements and engaging in misleading and deceptive conduct in relation to financial products.
https://asic.gov.au/about-asic/news-centre/find-a-media-release/2023-releases/23-158mr-asic-bans-director-from-providing-financial-services-for-eight-years/

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Company Representative

Thumbnail of user marleneh103
Shaun F.
Managing Director
Typically does not respond to reviews

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