Thursday, April 28, 2005

Wallstreet Asset Management

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.

Tuesday, April 12, 2005

Sterling Financial Corporation|Possible Stock Fraud

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 have to ask questions as to why they are willing to pay a huge premium to do this?

There is an ongoing discussion on Sterling Financial Corporation at the boiler rooms UK forum.

Sunday, April 10, 2005

Bell International Asset Management

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 suspicious. The claim on the web site that the copyright for the site dates back to 1997 is nonsensical bearing this information in mind.

On ongoing discussion on Bell International Asset Management is taking place at the Boiler Rooms UK forum.

Friday, April 01, 2005

Insta Trade Offering General Component Inc Shares

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 Insta Trade do not volunteer this information.

There is a on ongoing discussion on Insta Trade at the Boiler Rooms UK forum.