tag:blogger.com,1999:blog-93126772024-10-24T08:47:53.991+00:00This blog is being used to highlight the activities of boiler rooms, and warn potential victims, before they become just that - victims!Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.comBlogger59125tag:blogger.com,1999:blog-9312677.post-65353066920484179772008-09-01T11:52:00.000+00:002008-09-01T11:53:14.316+00:00

Information continues to surface, regarding the activities of a company called Richmond Capital Management. Follow the link to discover more about Richmond Capital Management which does not appear to be above board.Read more about Boiler Rooms and Investment Fraud.

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-41169651948147894462008-09-01T11:47:00.002+00:002008-09-01T11:52:00.257+00:00

Information continues to surface, regarding the activities of a company called Sovereign Global Trading. Follow the link to discover more about this company which does not appear to be above board.Read more about Boiler Rooms and Investment Fraud.

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-16810517169582468842008-05-15T14:16:00.002+00:002008-05-15T14:19:46.076+00:00

Further to my previous post, there have been some interesting developments.They have been calling regularly and are now getting pushy. They then tried a new trick on me. They took me to the SEC site, and asked me to enter a ticker symbol for them. It produced a page that looked like the SEC knew about them, and in some way supported their trading.Nothing could be further from the truth!I

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-49433681938826637552008-05-12T10:40:00.002+00:002008-05-12T10:42:35.775+00:00

Another attempt at a secondary scam. Abacus Trading is attempting to buy DFRC shares for the Fizer corporation as a tax write off. There is little doubt that they will charge a fee for this service, and quietly disappear without selling anything!We shall see.

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com5tag:blogger.com,1999:blog-9312677.post-72674550914909461242008-04-27T05:55:00.002+00:002008-04-27T06:00:19.938+00:00

We have reports of another bogus company trying to operate a secondary scam on Sukumo victims. They claim to be operatinmg out of Manhatten, but they have been traced back to Malaysia.The scam involves them offering to buy back your worthless shares for a 'small fee'. Classic secondary scam tactics.Don't fall for it.Read more about Alliance Global Investors Funds.

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-47508174559564777832007-11-06T11:35:00.000+00:002007-11-06T11:38:31.816+00:00

The FSA have finally done something worthwhile in the UK. Follow this link to a BBC News story, concerning Boiler Rooms, and one that has been dealt a blow.Stock Watchers continues to monitor Boiler Rooms and their evil trade!

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-42725968777510247902007-06-16T18:06:00.000+00:002007-06-16T18:07:54.480+00:00

The SEC have confirmed that the Prestige Group are NOT registered with them, nor do they exist where they say they do.Make of that what you will.I for one will keep well clear of these people.

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-71913690619679016382007-06-14T12:25:00.000+00:002007-06-14T12:29:50.939+00:00

These guys seem like typical second wave scammers. In other words, they are trying to re-scam victims. Lowest of the low.They seem to be offering well over the odds for worthless shares, in exchange for a fee for lifting share restrictions. Yeah right!Their website is dodgy too. There are some glaring mistakes. And the domain has only been purchased for 12 months. Here for the long haul,

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-77956627393014770662007-06-13T10:08:00.000+00:002007-06-13T10:12:05.880+00:00

It seems that (yet another) firm is trying to buy dead stocks. DFRC are the stock in question here.Is this a con?Watch this space.Prestige Group LimitedInvestment Fraud Investigated

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-28011342652111086562007-06-05T08:01:00.000+00:002007-06-05T08:23:20.387+00:00

More Pain From Boiler Room BastardsI am no stranger to the deceit and lies of Boiler Room traders. Here I have found another example of Investment Fraud, taken from a site called Mr Bleak."I am now a broken man. I thought I was an intelligent, risk-taking man, but all I am now is a greedy fool who has nothing left. All my years of hard work gone down the drain. God forbid that my wife finds out

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com1tag:blogger.com,1999:blog-9312677.post-1148465047326918142006-05-24T10:00:00.000+00:002006-05-24T10:04:07.350+00:00

Hoover de Plache is another boiler room has been working away on UK investors, targeting victims from previous boiler room activity. They use tactics such as claiming to be in touch with the SEC, and to be vetted by the SEC.Read more about Hoover de Plache ...

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-1119569663014730092005-06-23T23:30:00.000+00:002005-06-23T23:34:23.016+00:00

Langley Advisory are a boiler room, cold calling investors in the UK offering stocks in Companies which have restricted (regulation S) shares. These shares cannot be sold to the American investors, so then why to the UK?The fact of the matter is that Langley Advisory have an investmentfraud alert at the FSA. This, however, does not stop them from claiming victims. They have been selling stocks in

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-1119569405493074682005-06-23T23:25:00.000+00:002005-06-23T23:30:05.496+00:00

Warburg and Ross have all the hallmarks of another boiler room, hitting the streets. Their web site claims offices in Belize and the Philippines, but a check on the web site itself and on the WHOIS information for the firm, reveals a lot more.An investigation on the 'About' section of their web site reveals that the information, whilst plausible at first glance, has actually been taken from a

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-1118789416368330722005-06-14T22:46:00.000+00:002005-06-14T22:50:16.373+00:00

Stock investment advice is easy to find. Do you get cold called by brokers with the latest investment tip? I have, as have countless others around the globe. And many of us have lost a lot of money to these people. So, how can you avoid some of these pitfalls?In general, if you get cold called by anyone, the best stock investment advice that I can give you is to leave them alone, no matter how

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-1117839455655920782005-06-03T22:54:00.000+00:002005-06-03T22:57:35.656+00:00

Black and White Investments have been cold calling UK investors with high pressure sales tactics and very plausible rhetoric. Not withstanding the fact that Black and White Investments are on the FSA warning lists, the fact that these tactics are being employed and that they are cold calling UK investors at all, should be enough to convince you to tread very carefully in your dealings with them.A

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-1117177305013348872005-05-27T06:57:00.000+00:002005-05-27T07:01:45.016+00:00

Pacific Continental are a company operating in the UK, and are believed to be registered with the FSA. If that is the case, doesn't that make them a legitimate operation, and if so, why are they on here? Good questions of course. However, despite the air of legitimacy, there are some serious question marks over the operations of Pacific Continental, which should ring alarm bells and make

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-1115377002239906202005-05-06T10:54:00.000+00:002005-05-06T10:56:42.243+00:00

Trenton Hassel Investment Ltd have been approaching investors of International Biometrics, with tales of wishing to buy a non performing share to offset a tax liability. Whilst the desire to offload such rubbish as International Biometrics shares must be tempting, please be wary.A cursory lookup of the website for Trenton Hassel Investment Ltd reveals a few suspicious things.

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-1114669602812928132005-04-28T06:24:00.000+00:002005-04-28T06:27:08.846+00:00

A new boiler room is believed to be targeting UK investors, but this time, I believe that they are peddling UK property shares. More info on Wallstreet Asset Management. and an ongoing discussion of boiler rooms.

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-1113342640869570222005-04-12T21:44:00.000+00:002005-04-12T21:50:40.870+00:00

Sterling Financial Corporation have been cold calling UK investors, trying to persuade them to part with shares which are worthless.Cold calling UK investors without the approval of the FSA is illegal in itself, but when Sterling Financial Services try and purchase shares in a Company like Slender Life, which has originally sold through Boiler Rooms itself and are completely worthless, then you

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-1113121450794553152005-04-10T08:21:00.000+00:002005-04-10T08:24:10.796+00:00

Bell International Asset Management have been cold calling potential investors in the UK. Without the authority of the FSA, this action in itself is illegal.A check on the website of Bell International Asset Management reveals that it was first registered only a couple of weeks ago, and only for a period of 12 months. This does not fill me with confidence. The contact details given are also

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-1112358182934961332005-04-01T12:14:00.000+00:002005-04-01T12:23:02.936+00:00

Insta Trade are now offering stock in General Component Inc (GCPO). The offer is currently $2.20 for 3000 shares trading at $2.25.A check on the GCI web site shows that the site was only created in November 2004, but the investors are being told by Insta Trade that the company has been at the for front on network technology since 1998.The shares are restricted under regulation S, even though

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-1111832080701553772005-03-26T10:07:00.000+00:002005-03-26T10:14:40.703+00:00

Drake Asset Management have been approaching investorsin Australia, in attempt to execute a second wave boiler room scam. Bythis, I mean that they are offering to purchase stocks sold by other boilerrooms, which are considered worthless, at a huge premium. The downsideis that an up front fee or 'bond' needs to be paid to facilitate thistransaction.Once paid of course, the investor will never see

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-1111708954610182052005-03-24T23:57:00.000+00:002005-03-25T00:02:34.613+00:00

Investors in the UK have started being called by a Company called Financial Assets Corporation. This company are operating a little differently to those boiler rooms normally highlighted on this site, because they are calling to obtain information in the first instance, rather than to try and obtain funds. The sting will undoubtedly come later. Financial Assets Corporation are seeking details of

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-1111186259291286772005-03-18T22:47:00.000+00:002005-03-24T23:29:22.250+00:00

Another boiler room, Insta Trade, is targeting investors in the UK with worthless stocks. The Insta Trade web site claims that the Company has been in existence since 1997, but the web site itself was created in October 1994, and only purchased for a year. This is not an encouraging sign if one is looking for an investment partner for the long haul.There is an ongoing discussion on Insta Trade at

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-1110652707087533452005-03-12T18:33:00.000+00:002005-03-18T22:52:10.206+00:00

SMI Private Equity, and firms like them, have in the past restricted themselves to hawking old and tired penny shares and involving themselves in second wave scams, whereby the boiler rooms offer to sell on worthless stock, for an up front fee. They will take the fee of course, and you will never see a return. It appears that firms like SMI Private Equity are venturing into other fields, notably

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0