Tuesday, December 14, 2004

Nivo and Netstairs

Another possible scam has been working away involving two protagonists.

Nivo Invest (the suspected boiler room) and Netstairs (the suspect stock).

Please read through all of the posts on the thread.

There are some posts defending the investments, but these are suspicious in themselves.

Buyer beware!

Friday, December 10, 2004

Buckingham Holdings International (Limited)

We have a new suspected slop house operating, called Buckingham Holdings International (Limited). They are believed to be running a slopping operation, whereby they offer to buy your shares in some worthless company for a huge premium, in exchange for a 'bond' payment.

Suffice to say that if you pay, you will never hear from them again.

They are believed to be targeting victims of the Slender Life scam.

Buyer beware!

Tuesday, December 07, 2004

Slop and Recovery Operations

For those who have been caught by Boiler Rooms in the past, you will, no doubt at some point be presented with an answer to your prayers. Someone calls you, out of the blue, and suggests something like 'a takeover' is occurring at the Company that you ended up with shares in.

And guess what?

A third party only needs another 5% of the shares to manage their hostile bid.

And guess what?

They are willing to pay top dollar, maybe $10 a share for your worthless rubbish that is not even worth the paper it's printed on.

And guess what?

To qualify for this brilliant deal, all you have to do is ......
....
....

send them MORE MONEY!

DON'T DO IT!!!!

No matter how tempting, no matter how good the patter. You were caught once, and you are just about to get caught again.

Slop Schemes.

or

More Recovery Scams

Monday, December 06, 2004

Insta Trade in Amsterdam

Another suspect boiler room appears to be doing the rounds. Classic tactic of calling and warming you up, and then hitting you with some 'must buy' shares.

Insta Trade.

There is also information brewing about these boys at InstaTrade.

It sounds like the South African mob are behind this. See CFS International and Clifton Financial Services

More information on the slops they are offering to follow.

Buyer beware!

Sunday, December 05, 2004

Prime Global Inc

Another suspect entity has emerged. Here is the verbatim posting from the Boiler Rooms UK web site.

Yet another I'm afraid,

"Prime Global"

Supposedly trading from 555 Madison Avenue New York, NY 10022 Telephone 646-365-3164
The telephone number turns up the anticipated " The phone number "(646) 365-3164" is a New York, NY based phone number and the registered carrier is Broadview Networks, Inc. - Ny."

The website:
Registrant:

Domains by Proxy, Inc.
15111 N Hayden Rd., Suite 160
PMB353
Scottsdale, Arizona 85260
United States

Registered through: GoDaddy.com
Domain Name: PGLOBALINC.COM
Created on: 13-Aug-04
Expires on: 13-Aug-05
Last Updated on: 13-Aug-04
Administrative Contact:
Private, Registration PGLOBALINC.COM@domainsbyproxy.com
Domains by Proxy, Inc.
15111 N Hayden Rd., Suite 160
PMB353
Scottsdale, Arizona 85260
United States
(480) 624-2599 Fax --
Technical Contact:
Private, Registration PGLOBALINC.COM@domainsbyproxy.com
Domains by Proxy, Inc.
15111 N Hayden Rd., Suite 160
PMB353
Scottsdale, Arizona 85260
United States
(480) 624-2599 Fax --

Domain servers in listed order:
WSC1.JOMAX.NET
WSC2.JOMAX.NET
IP 64.202.167.121

NOT to be confused with
http://www.primeglobal.com and http://www.primeglobaloffshore.com
Prime Global of 8501 Wilshire Blvd. #220, Beverly Hills, CA 90211

Please note that although the 'Company' purports to be established in 1997, the web site was registered in 2004, and then for only a single year. To my mind, this does not indicate a real Company is behind it.

Friday, December 03, 2004

In Time Group

A suspected boiler room by the name of Milton Dewar Asset Management is hawking shares in a Company called the In Time Group. Offices in New York, Paris and Rome!

The patter is very compelling, and they mention things like associated companies who were watch makers to Churchill and Einstein. They also drop in the names of people like David Beckham, Madonna and Arnie.

Please do a thorough background check.

Buyer beware!

Wednesday, December 01, 2004

NMG Financial Services in Amsterdam

NMG Financial Services in Amsterdam are starting to do the rounds again (and they won't be in Amsterdam!).

They started cold calling potential victims back in September, and then went quiet.

However, word has it that they have started their activities again.

Follow the thread above, and be warned.

Buyer beware!