tag:blogger.com,1999:blog-93126772011-04-22T03:48:29.358ZThis 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.comBlogger591100tag:blogger.com,1999:blog-9312677.post-65353066920484179772008-09-01T11:52:00.000Z2008-09-01T11:53:14.316Z

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.com1tag:blogger.com,1999:blog-9312677.post-41169651948147894462008-09-01T11:47:00.002Z2008-09-01T11:52:00.257Z

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-16810517169582468842008-05-15T14:16:00.002Z2008-05-15T14:19:46.076Z

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-49433681938826637552008-05-12T10:40:00.002Z2008-05-12T10:42:35.775Z

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-72674550914909461242008-04-27T05:55:00.002Z2008-04-27T06:00:19.938Z

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-47508174559564777832007-11-06T11:35:00.000Z2007-11-06T11:38:31.816Z

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-42725968777510247902007-06-16T18:06:00.000Z2007-06-16T18:07:54.480Z

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-71913690619679016382007-06-14T12:25:00.000Z2007-06-14T12:29:50.939Z

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-77956627393014770662007-06-13T10:08:00.000Z2007-06-13T10:12:05.880Z

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-28011342652111086562007-06-05T08:01:00.000Z2007-06-05T08:23:20.387Z

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.com2tag:blogger.com,1999:blog-9312677.post-1148465047326918142006-05-24T10:00:00.000Z2006-05-24T10:04:07.350Z

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-1119569663014730092005-06-23T23:30:00.000Z2005-06-23T23:34:23.016Z

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.com7tag:blogger.com,1999:blog-9312677.post-1119569405493074682005-06-23T23:25:00.000Z2005-06-23T23:30:05.496Z

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-1118789416368330722005-06-14T22:46:00.000Z2005-06-14T22:50:16.373Z

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.com1tag:blogger.com,1999:blog-9312677.post-1117839455655920782005-06-03T22:54:00.000Z2005-06-03T22:57:35.656Z

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-1117177305013348872005-05-27T06:57:00.000Z2005-05-27T07:01:45.016Z

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.com1tag:blogger.com,1999:blog-9312677.post-1115377002239906202005-05-06T10:54:00.000Z2005-05-06T10:56:42.243Z

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-1114669602812928132005-04-28T06:24:00.000Z2005-04-28T06:27:08.846Z

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-1113342640869570222005-04-12T21:44:00.000Z2005-04-12T21:50:40.870Z

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-1113121450794553152005-04-10T08:21:00.000Z2005-04-10T08:24:10.796Z

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-1112358182934961332005-04-01T12:14:00.000Z2005-04-01T12:23:02.936Z

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-1111832080701553772005-03-26T10:07:00.000Z2005-03-26T10:14:40.703Z

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-1111708954610182052005-03-24T23:57:00.000Z2005-03-25T00:02:34.613Z

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-1111186259291286772005-03-18T22:47:00.000Z2005-03-24T23:29:22.250Z

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-1110652707087533452005-03-12T18:33:00.000Z2005-03-18T22:52:10.206Z

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.com0tag:blogger.com,1999:blog-9312677.post-1110277491028857292005-03-08T09:19:00.000Z2005-03-18T22:54:40.273Z

A firm calling themselves Preston Winslow Yates and Associates have been approaching victims of Slender Life and Cambridge Global. Preston Winslow Yates and Associates say that they have a head office at 29/7 270 Park Ave. New York. N.Y. 1007, and also claim to work out of Hong Kong. They are saying that they have a client willing to give me $10.98 per share for what is thought to be worthless

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-1109493185090132652005-02-27T08:29:00.000Z2005-03-18T22:55:35.066Z

Meissner Goodison Lee & Associates have been approaching shareholders in the Jade Dragon Group (SRPJ), offering to by seemingly worthless shares for $25 a share, under the guise of a take over. There is also the matter of the 10% up front fee which must be paid in order for the transaction to take place. The takeover does not exist of course, and the likelihood is that you will not see your up

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com1tag:blogger.com,1999:blog-9312677.post-1109203019522828842005-02-23T23:52:00.000Z2005-03-18T22:57:09.166Z

Heritage Financial Inc have been calling potential investors, offering $14.80 per share in both BDC and SRPJ. Both of these stocks (BDC and SRPJ) are the subject of discussion at the Boiler Rooms UK forum. Because the shares in these companies are restricted (regulation S), Heritage Financial are claiming that a fee needs to be paid to lift the restrictions.They are also claiming to be

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-1108945652671109992005-02-20T23:55:00.000Z2005-02-21T00:27:32.673Z

Another boiler room, Parker Rowe, has been actively courting potential investors in the UK. They have been making claims of legitimacy, by saying that they are in fact a regulated Company, when in fact, they are not.Tony Hetherington has done an excellent piece on Parker Rowe, which is reproduced if you follow the link.

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-1108685564765498692005-02-18T00:07:00.000Z2005-03-18T22:59:06.130Z

de Verre Lloyd have been cold calling and using very aggressive selling tactics on potential investors. Care should be exercised when dealing with this Company, whose name has been flagged up by the authorities in Hong Kong, Singapore, Australian, New Zealand and others.There is an ongoing discussion on de Verre Lloyd at the Boiler Rooms UK site. There is also a discussion on de Verre Lloyd

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-1108314787550740312005-02-13T17:06:00.000Z2005-03-18T22:59:52.786Z

Another Boiler Room is making an effort to sell stocks to Investors in the UK.Not much details is forthcoming about this present wave, but there is an FSA warning about these people.For an on going discussion about Lox International, please see the Boiler Rooms UK forum.

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com1tag:blogger.com,1999:blog-9312677.post-1108082366648139062005-02-11T01:35:00.000Z2005-02-11T00:39:26.646Z

A classic boiler rooms con that hit UK investors particularly hard was the Stem Genetics stock from the Sukumo Boiler Room. This was one of those that got me too. You can read much more detail on the whole Stem Genetics thing on this excellent blog.

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-1107826298451775262005-02-08T01:27:00.000Z2005-03-18T23:00:52.820Z

Crest International Holdings are targeting non US investors in a manner that suggests that they are a boiler room. Details on Crest International Holdings activities, from information received, are shown below.Any dealings with Crest International Holdings, should be carried out with great care. Please follow the links on this page and conduct your own thorough due diligence.A discussion on Crest

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-1107820169644707442005-02-07T23:34:00.000Z2005-02-07T23:49:55.436Z

Another suspected Boiler Room has been peddling its wares in New Zealand. They appear to be well known to the Australian Authorities

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-1107648670710901152005-02-06T01:02:00.000Z2005-03-18T23:02:04.766Z

BiofieldIf you receive a call asking you to purchase shares in this company please obtain the following:Name of the caller?Phone number so you can call them back?His/her location?Website for the company?Before you proceed ask the caller to fax to you a photocopy of a picture ID of himself/herself?Get the name of the state it is incorporated in. For example, Florida.?Ask about the investment?If

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com1tag:blogger.com,1999:blog-9312677.post-1107448642354998062005-02-03T16:32:00.000Z2005-03-18T23:02:59.310Z

Thorpe Callow & Rowe International are cold calling potential investors in the UK, which is in itself illegal.They are using high pressure techniques to try and sell shares. More details of their activities will be posted here as they come to light.One of the stocks being offered by Thorpe Callow & Rowe International is Western Sierra Mining. They are claiming that an investors portfolio should

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-1107390658112772652005-02-03T01:21:00.000Z2005-03-18T23:03:38.600Z

Nationwide Mergers & Acquisitions Inc have been cold calling potential investors in the UK, which is, in itself, illegal.Of these potential investors who have come to light, having been called by Nationwide Mergers & Acquisitions Inc, there is sinister trend. They have all been victims of boiler room scams in the past. A typical boiler room scam will defraud investors by selling worthless stocks

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-1107269651849880152005-02-01T14:50:00.000Z2005-02-01T14:54:11.850Z

The Office of Fair Trading have today launched a scam awareness month. Let's hope that investment fraud and boiler room scams feature somewhere in their publicity - or perhaps we should ensure it does? Scams Awareness Cross-border mass-marketed scams targeted 13/05 27 January 2005 The OFT will launch a month-long campaign to alert the public to deceptive and fraudulent mass-marketed scams on

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-1107211508619479262005-01-31T22:42:00.000Z2005-01-31T22:45:08.620Z

The Financial Services Authority issued its biggest blacklist yet of firms that investors need to be extremely cautious of before handing over any cash. The list - which has tripled in size in a year - is an attempt by the watchdog to alert investors to potential cowboy firms that operate scams using heavy handed sales ploys to convince them to buy worthless shares. The watchdog has also warned

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-1107113153239375862005-01-30T19:22:00.000Z2005-01-30T19:25:53.240Z

Con artists across the globe have stepped up their efforts to rip off investors, especially non-U.S. residents who have lost money in the U.S. securities markets. While it’s natural to want to recoup one’s losses as quickly and as fully as possible, the SEC warns investors to be extremely skeptical of offers to exchange worthless or poorly performing stocks for blue chips or "hot" performers.

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-1106954884116417872005-01-28T23:25:00.000Z2005-01-28T23:28:04.116Z

The Securities and Exchange Commission ("SEC") has filed civil fraud charges in federal court in the Southern District of Florida against six boiler room operations in connection with their operation of a series of recovery room advance-fee schemes directed primarily at previously victimized investors from a number of countries, including Australia, Belgium, Greece, Hong Kong, Malaysia, New

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-1106851729771125702005-01-27T18:44:00.000Z2005-03-18T23:05:23.670Z

Stanley Cooper Assets were cold calling UK investors back in September 2004. They are offering to buy stocks in worthless companies for a premium, provided that you make an up front payment.There is also reporting on Stanley Cooper Assets at the Stock Watchers site. Stocks involved now are believed to have included Sun Biometrics and Biochex (BCHX.It's a scam chaps, don't fall for it!

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-1106698961959519522005-01-26T01:16:00.000Z2005-01-26T00:22:41.960Z

Has anyone been contacted by National Detection Clinics. They have been cold calling with a preliminary inquiry asking if an investment opportunity. They claim to have a new FDA approved non invasive detection system for breast cancer. They have mentioned Merrill Lynch as a reference. Ivan Cavric, the secretary of National Detection Clinics, was chief financial officer of Otis-Winston Ltd.,

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-1106522503591833992005-01-23T23:08:00.000Z2005-01-23T23:21:43.590Z

It would appear that Dynamic Marketing (DMA) in Zurich have started canvassing calls for Boiler Rooms again. They began in November last year, and said that they were a call centre for international financial institutions. These institutions turned out to be boiler rooms. Please refer to Dynamic Marketing Milton Dewar Asset Management They may have the outward appearance of a call centre, but

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-1106268410353638332005-01-21T01:40:00.000Z2005-03-18T23:07:25.033Z

Another year, and another boiler rooms appears on the horizon.A firm claiming to be Bailey & Bennett from New York is aggressively seeking to buy stocks for a client, who are in the process of a takeover. The stocks involved are worthless (DFRC and Stem Genetics), and Bailey & Bennett appear to be paying around $8 per share for shares worth barely the paper they are printed on.Please exercise

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-1103018728669829202004-12-14T09:58:00.000Z2005-03-18T23:08:21.370Z

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!

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-1102679770428991322004-12-10T11:47:00.000Z2005-03-18T23:09:23.680Z

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

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-1102463155478665652004-12-07T23:34:00.000Z2004-12-07T23:45:55.476Z

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

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-1102374023588006602004-12-06T22:49:00.000Z2004-12-06T23:00:23.586Z

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

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-1102256182220729192004-12-05T14:11:00.000Z2004-12-05T14:18:05.206Z

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

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-1102079450136398132004-12-03T13:05:00.000Z2004-12-03T13:10:50.136Z

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

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-1101917387919137932004-12-01T16:03:00.000Z2004-12-01T16:09:47.920Z

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!

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-1101807560298179372004-11-30T09:31:00.000Z2005-02-09T23:17:45.206Z

Following on from a post a few days ago on the thread regarding DMS in Zurich, regarding Milton Dewar Asset Management, has anyone heard from these boys, or have we stopped them in their tracks? Their web site is slick (as they usually are) but is copied from that of a legitimate trader. Our eyes and ears are open for any more instances of these people raising their head above the parapet. 09/

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-1101656476001288612004-11-28T15:34:00.000Z2004-11-28T15:41:16.003Z

If you have been a victim of the Sukumo Group, then you need to take action. Please follow this thread Sukumo Group Victims Sukumo were a boiler room who stole millions from British Investors (and others it is believed). However, in no small way due to the actions of a few motivated victims, one of the main men behind the scandal is behind bars in Laos, and others have been prosecuted in the

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-1101569056354100702004-11-27T15:13:00.000Z2004-11-27T15:24:16.353Z

If anyone has done a study of boiler rooms scams, I am sure that you will see a common theme running through most of them. I am sure that anyone who has been caught up in these, will have inadvertently become the proud owner of stock in US companies issued under regulations S. In my experience you are never told of this 'small detail' when the crooks are going about their business of conning you

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-1101466858020169312004-11-26T10:38:00.000Z2004-11-26T11:00:58.020Z

Another possible scam has been unearthed. Please follow this link for more details. Jody Consulting (pty) Ltd. It sounds to me that they might be operating a second wave scam where on 'opportunity' is given for a previous victim and owner of worthless stock to sell on their stock for a premium, in return for an up front 'finders fee'. Buyer beware!

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-1101384129016850322004-11-25T11:53:00.000Z2004-12-15T19:20:36.826Z

Another suspicious Company has come to my attention. They are calling victims of previous attacks from boiler rooms. People who have lost money on worthless shares. They then offer to buy back the shares, using some very plausible line of patter, at a good profit for you. The one small drawback is that they you have to pay a fee up front. You pay, you never hear from them again. Here are

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.com0tag:blogger.com,1999:blog-9312677.post-1101340527723621032004-11-24T23:49:00.000Z2004-11-24T23:55:27.723Z

DMS are cold calling potential investors in the UK. They claim to be in Zurich, but their operative refused to give a surname, or telephone number. They say that they are a call centre. One of the firms that they claim to represent appears to be very suspicious. For more information, follow the links below:- Boiler Room Nemesis Crimes of Persuasion Beware!

Vidarhttp://www.blogger.com/profile/08763666556170906919noreply@blogger.comtag:blogger.com,1999:blog-9312677.post-1101338303934804672004-11-24T23:01:00.000Z2004-11-24T23:18:23.933Z

Milton Dewar Asset Management Their website was established only a few days before they were known to be touting for business, and the text from their site appears to have been copied from a reputable Company. Buyer beware! For more information, visit Crimes Of Persuasion or BoilerRooms.Co.UK. Please do thorough due diligence and tread very carefully when dealing with this firm.

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