Thursday, June 23, 2005

Warburg and Ross - Another Boiler Room?

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 legitimate venture capital firm in California.

The WHOIS also has the air of legitimacy about it, but the fact that the site has only been registered for 12 months would leave me concerned about the long term intentions of this Company, and should be enough in itself to raise warning flags about Warburg and Ross.

This firm do not appear to have made any serious splashes yet, but ant potential investors would be well advised to tread very carefully when dealing with them.

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