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!
Tuesday, November 06, 2007
Saturday, June 16, 2007
Prestige Group Limited - Update
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.
Make of that what you will.
I for one will keep well clear of these people.
Thursday, June 14, 2007
Prestige Group Limited - Continued
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, obviously!
Steer well clear.
Stock Investment Fraud
Boiler Room Web Site
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, obviously!
Steer well clear.
Stock Investment Fraud
Boiler Room Web Site
Wednesday, June 13, 2007
Prestige Group Limited
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 Limited
Investment Fraud Investigated
Is this a con?
Watch this space.
Prestige Group Limited
Investment Fraud Investigated
Tuesday, June 05, 2007
Pollack and Quinn - Boiler Room
More Pain From Boiler Room Bastards
I 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 about what I had done. She’ll never forgive me.
I was the target of a boiler room investment company named Pollack and Quinn, set up solely for the purpose of defrauding small-time investors. They contacted me a couple of months ago, apparently as the company in charged of pre-IPO proceedings for Xcell Solar, Inc. They sounded professional, and had a way of selling that was almost irresistible. Frankly it sounded a little dubious to me at that time, but against my better judgement, I still bought some shares of Xcell Solar. I tried to do some research about the company, but on hindsight, what would I have discovered? The company was virtually non-existent, save for a website with a virtual office address.
Greed caused me to make all the wrong decisions. There is probably no way for me to retrieve back my money, not even a few dollars. Don’t these people have a conscience? How do they sleep at night? In the end, there is no one else to blame but myself. All alone by myself. Maybe I should just end it all here."
Pollack and Quinn are another in a long line of crooks who just get away with it, and destroy ordinary folk like you an me in the process!
How does this kind of stuff still happen? Why don't the US government cull reg S shares once and for all?
I 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 about what I had done. She’ll never forgive me.
I was the target of a boiler room investment company named Pollack and Quinn, set up solely for the purpose of defrauding small-time investors. They contacted me a couple of months ago, apparently as the company in charged of pre-IPO proceedings for Xcell Solar, Inc. They sounded professional, and had a way of selling that was almost irresistible. Frankly it sounded a little dubious to me at that time, but against my better judgement, I still bought some shares of Xcell Solar. I tried to do some research about the company, but on hindsight, what would I have discovered? The company was virtually non-existent, save for a website with a virtual office address.
Greed caused me to make all the wrong decisions. There is probably no way for me to retrieve back my money, not even a few dollars. Don’t these people have a conscience? How do they sleep at night? In the end, there is no one else to blame but myself. All alone by myself. Maybe I should just end it all here."
Pollack and Quinn are another in a long line of crooks who just get away with it, and destroy ordinary folk like you an me in the process!
How does this kind of stuff still happen? Why don't the US government cull reg S shares once and for all?
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