Thursday, May 15, 2008

Abacus Trading

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 contacted the SEC and they had the following to say about Abacus Trading.

"the filing you linked to does not mean they are authorized by the SEC nor does mean they are recognized in any way. There is no registered broker-dealer with the name abacus trading. You should probably avoid them."

Be warned!

Monday, May 12, 2008

Abacus Trading

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.