I like telemarketing, both putting a campaign in place but also being on the end of a telemarketing campaign. Whilst in the UK I would be called on a regular basis on my land line for some product or other, in Dubai this is not the case. I get called on my mobile. A lot.
Let me explain. It seems the moment you do one of two things in Dubai you are going to start getting a lot of calls. This would be:
1. Opening a Bank Account
2. Buying a Property
The first one invites you into the world of credit card and loan offers as well as the harder sell from Independent Financial Advisers (IFAs). The second opens you up into the phone spam of the real estate agents. How these people end up with my number is anybody’s guess but it intrigues me the dedication some of these telemarketers have. There are four basic types in my experience:
1. The Speculative
“Do you want a credit card from xyz bank?”
“Ermmm, no thanks”
Dial tone…………Is that it? I always feel a little short changed by these ones, make an effort at least.
2. The Desperate
“Do you have an apartment in Building xyz?”
“Yes, I do”
“Would you like to sell it?”
“Ermmm, not really”
“How about renting it?”
“I am living there. Thanks”
“How about making another investment in property?”
“I am ok, thanks”
“But, now is just the right time to buy!”
“Thanks, but no thanks”
Firms doing this will typically phone me every week, but by a different person from that company with no clue that I have already spoken to them before. I like to humour them by asking about the market conditions, the pricing, the number of buyers, how many properties have they recently sold? It is kind of fun.
3. The Friendly
This was new to me and I can only admire the approach. A UK accented female would usually call me:
“Hi is that Aaron?”
“Yes it is”
“Hi Aaron, we haven’t spoken before but I got your name from <insert name of a colleague of mine> and he said that you would be interested in what we have to say”
“Oh, sure…”
“So <insert name of a colleague of mine> is a great guy isn’t he?”
“Uh, I guess”
“<insert name of a colleague of mine> has made some investments with xyz Finance House – Have you heard of xyz Finance House?”
“Errr, no”
“Oh I am surprised. xyz Finance House are the biggest in the Middle East and we have 38 offices around the world. We tailor special expat packages that are exclusive to us. Would you like to speak to one of our Senior Financial advisors? – he is a great British guy making a lot of money for expats like yourself and your friend <insert name of a colleague of mine>”
So with a sell like that I take the appointment. A week later a guy in a cheap suit tells me I should be investing at least 30-50% of disposable income into a “special” investment vehicle that if you want to access before an x year period means you lose most of your capital. But before dispensing with this amazing advice he basically forces me to give him ten contacts from my mobile so that he can continue their “referral” only business.
I have to admit to thinking that this sales tactics verges on the unethical. To the ten people I gave up. I am truly sorry.
4. The Boiler Room
A no-caller ID comes up – unusual for this part of the world
“Hi, is that Aaron?” says a heavily accented Asian female voice.
“Yes, it is”
“I am representing Carter-Sinclair – we are an exclusive investment house for expats. Would you like us to send you a brochure?”
“Sure. Why not”
A few weeks pass and the high quality glossy arrives in the mail. I look it at. It says nothing and I bin it.
The same girl calls me:
“Did you receive the brochure?”
“Yes, I did”
“Very good. One of our Senior Brokers will call you in the next few days”
“ok”
True enough a couple of days pass and I get a call from Andy. He calls me at the same time about 9.30am most mornings for more than two weeks. I brush him off the first six or seven times, I admire his persistence and I eventually take the call.
“Hi Aaron. Andy here from Sinclair-Carter. You sure have been busy. You must be making a lot of money?”
“Excuse me?”
“Did you receive the brochure we sent?”
“Yes, I did”
‘Great, So what line of business are you in?”
“IT”
“Must be a busy time for you?”
“It is”
“Have you been receiving financial advise in Duabi?”
Now based upon “The Friendly” scenario above I answer
“Yes”
“How has it performed in the last six months?”
“It hasn’t”
“I guess you have taking a beating like a lot of my clients. Aaron – have you been following the price of Gold? It is up at nearly 900 dollars an ounce, doubling over the year”
“Yes. I have seen that”
“We have an amazing opportunity. Sierra Exploration a Canadian gold mining company are about to start major excavation on some old prospecting sites and we expect the stock to double in the next three to six months”
“I see”
“The stock is currently at $2.20 and for first time buyers like your self I am willing to give you a 10% discount on up to 10,000 shares. There you will make 9.8% over night and double your money in just a few months. Now I know we are not talking Rolls Royce money but it is a start right?”
“errr…”
“Look. Have you got a pen? Good. Take down this website www.sierraexp.com and check it out. There stockticker is SRAE go to bloomberg and track it”
“ok”
“Where you from?”
“England”
“Which football team do you support?”
“I prefer Rugby”
“Oh, you must be able to control your temper because last time I played Rugby I got into a fight”
“I see”
“I will give you a call in a few days. Anyway you can give me a call if you have any questions at +8222083262″
Amazing. One of my favourite movies is “Boiler Room” I love the hard sell tactics to sell stock in shell companies leaving the customers broke and the brokers rich. I loved the way the guy even used some of the lines from the movie.
A ten minute google revealed that this practice is common place and Dubai expats are prime targets. People can easily lose tens of thousands of dollars. There is a thread here and some words of caution from the City of London Police and the FSA. The clues are all there even without the internet search. A weird +822 number, no caller id, no trading stock volume, cursory company websites. It is a scam, a very elaborate one played out over weeks and months.
I share this with you because if something is too good to be true. Inevitably it isn’t.
I just got the same call from Neil Davis at Sierra. He even suggested that I take time to do my own due diligence. Same story. Remember the ‘ABC’ of sales…
By: Peter on April 17, 2009
at 9:00 am
-Did you see meet the consultant face to face personnaly?
-Did you visit their office?
-Did he call you with a real number (not internet number) and can you call him back and he answer himself?
-Did the consultent is exposed on internet on social network (ie, facebook, Linked etc with his company in clear)
-Did the name of consultent is with few occurence ie not john smith, Marc dupon boiler room use commun name with many occurence
-did he propose A class bank for the money transfer?
-did the account to trensfer money has a real company nane and not no name such as “Client setelment”?
-Did the bank he use is in US or europ and not in malaysia jakarta?
-Is there no any post on internet regarding this firm and it is negative or doubtfull?
-did le finencial adviser told you you can buy the product by yourself on line and sell it on line.
-did he presented a contract stating the agrement?
=>IF ANAY OF THIS QUESTION IS NO, You may be in relation with a Boiler room and be very carefull
Hope it help, I learned the lesson the hard way. Take care
By: Philippe Vyain on January 14, 2011
at 12:12 pm
Aaron, I love your blog :O)
By: Faye on April 18, 2009
at 9:46 am
it is true… my bro is a victim of this… and now they are after me but from a different company. the funny thing is the man has been trying for the past couple of months to talk me in to it…
By: Ahmed S on April 19, 2009
at 4:14 pm
Same thing to me – hard sell stuff, and this time it’s a guy call david, who got slightly angry when I said I would let this one slide and see how they do.
By: Neil on April 24, 2009
at 7:51 am
Thanks all for speaking up. I saw a story on Sky News this morning that this Boiler Room scam is becoming increasing prevalent:
http://qurl.com/3qw7v
Cheers
Aaron
By: Aaron on April 24, 2009
at 2:52 pm
Wow, you’ve got a great memory. I received the same speil from a guy at “Carter-Sinclair” and you have it down almost word-for-word.
I enjoy boiler room calls. I managed to sting these guys along for almost a month before they gave up on me. Got to admire their skills though. They must take really good notes of what they’ve told each potential victim, as I had a hard time getting them to slip up. They carefully plant seeds each call and build the house of cards one level at a time.
The best part was when they called me and asked where was, and I told them I was sitting in their office lobby in Osaka (I had their building name memorized by then), and was surprsed to find no such company there. It was a hell of a quick hang up!
By: Charlie on April 24, 2009
at 6:38 pm
Hi Charlie – I was so shocked by it that I couldn’t help but have the conversation burned into my memory.
I just had another call from these guys and I have pushed them back a further couple of weeks. I wonder how much patience they will have with me.
Cheers
Aaron
By: Aaron on April 25, 2009
at 9:38 pm
ahah, the carter-sinclair scam… got them a few times on the phone too, the brochure was impressively meaningless.
Last time the guy hanged up on me… I’m starting to think I lost them, and regret it, I could have spend a few more weeks loosing their time.
Btw, I’m in China, so they don’t focus only on dubai.
And for the search engines : carter sinclair scam
By: paul tergeist on May 6, 2009
at 11:38 am
Brilliant post Aaron. I have to say, you are much more patient than I am – I find marketing calls to my mobile very intrusive indeed – to the point where I tend to rudely hang up as soon as I realise it’s telemarketing. Nice one for the heads up on Carter Sinclair though – will advise husband to beware – he is much more polite than me! x
By: flickster1 on May 6, 2009
at 5:29 pm
Aww thanks flickster. I really enjoyed writing about the whole thing. Those carter sinclair guys have spammed me with calls all week.
Paul – thanks for the tip. These guys really are everywhere.
By: Aaron on May 6, 2009
at 11:29 pm
Hi Aaron
I have to agree with paul they are targeting people globaly they have given up on me I think I have a post on expatforum.com on the subject lots of response. I miss the calls now cause I used to get enjoyment out of winding them up.
http://www.expatforum.com/expats/dubai-expat-forum-expats-living-dubai/21614-anybody-getting-calls-carter-sinclair-stock-brokers-its-scam-2.html
By: Thomas Jennings on May 28, 2009
at 5:24 pm
Thanks Thomas for sharing the link. After I posted this they continued to call me for about three weeks but I think I may have escaped now.
By: Aaron on May 29, 2009
at 7:13 pm
Same Carter-Sinclair Story happend to me today. Persuasive skills of those guys are on a very high level. Though I suggest to be patient with your stock purchase;-). I negotiated him down from 100k to 2,5k just to have some negotiation practice and hang up before we came to transfer details.
By: Dirk on June 1, 2009
at 5:07 pm
So if you have been stupid and sent them money, are there any options or do you not see the cash again?
By: expat on June 3, 2009
at 12:12 pm
I have been playing the game with Jason from Carter Sincliar for the past month or so. This week I have been ignoring his calls and he obviously realised it was because no caller ID. He had said he was in Seoul so it was interesting that he took the caller ID masking off to get me to pick up and it was this number: +8662199057 (China). It was engaged when I just tried it but if it gets through to him or the wonderful Carter Sinclair I am going to have some real fun until they change the number. I am going to try and engage a call centre to return the favour. Feel frree to join in the counter abuse.
By: Nik L on June 4, 2009
at 1:31 pm
HA! yeah they are chaisng me Carter Sinclair from SEOUL Korea. he strated at 20K USD trade then moved down to 5K…….SRAE stock was the pitch…….thank fully i hit the blogs/web and heard the stories confirming my initial thoughts.
Now waiting for their return call asking “where is our money?”…………:)
By: freespace on June 9, 2009
at 9:12 pm
they stopped calling me at the end. But there are more guys out there…
By: expat on August 18, 2009
at 10:26 am
Carter Sinclair Ltd – Korea. I’m afraid that I fell for it and read this blog too late!!!
By: Scammed on November 21, 2009
at 3:23 pm
@scammed – sorry to hear that. Finally they have stopped calling me.
By: Aaron on November 21, 2009
at 4:22 pm
Omg, thanks to this site I have made last second cancel om my bank transfer to Vantage Equity. Exactly same practise! Thanks for saving me guys! I almost lost my summer vacations
By: p4w3l on January 29, 2010
at 5:38 pm
Dear p4w31,
would you be able to share with us what banking details those crooks gave to you as to where to transfer funds?
Would be highly interesting
By: sven on February 22, 2010
at 1:41 am
This is an interesting site for anyone wanting to check out the phone number of one of these scammers…
whocallsme dot com
but also look at
hitthemback.community.officelive.com/default.aspx
who gives up to the minute updates and probably gets information from people like us. So share your info – and get the scammers details up and online asap. hitthemback at gmail dot com
also look at:-
boiler-rooms.co dot uk
and crimes-of-persuasion dot com
By: Lou Pillar on February 21, 2010
at 8:06 am
I have send all details to Hitthemback site so they can be listed to warn others. Hopefully Hitthemback is worth of trust
By: p4w3l on March 8, 2010
at 1:22 pm
Good – Hitthemback is fully trustworthy and you will see that the warnings on that website are better than the warning signs at the entrance to a minefield!!!!
Well done on seeing through the scammers –
By: Lou Pillar on March 9, 2010
at 3:19 am
Shit! Shit! Shit! Why am I so fucking stupid. I got the call a year ago and many more after. It was always a little money that promised big returns. I believed it, but today I see your site and it looks like I lost USD40.000. Is there any action I can take to get this money back? Is there anyway I can get these guys from Carter Sinclair in Seoul? I guess the office address is fake too:
Carter Sinclair Ltd
41/F Gangnam Finance Center,
737 Yeoksam-dong, Kangnam-ku,
Seoul, 135-984
Korea
If anyone has any advise, please reply.
By: James on March 23, 2010
at 8:26 am
Really sorry to hear that. If it was me I would be paying them a visit in Seoul and making it personal for that much cash!
By: Aaron on March 24, 2010
at 4:24 pm
I already contacted a friend in Seoul who went to visit their office… It’s not there. They are probably not based in Seoul. Sure it’s personal and I sure will look for them, but so far no clue.
By: James on March 29, 2010
at 6:35 am
Hi Aaron,
why were our entries gone?
To make it clear we are no scammers, quite the opposite, we got burned severely and hunting thoses low lives
regards
hitthemback
By: hitthemback on April 4, 2010
at 6:22 pm
As i said, in my case just a virtual office on the address provided with no personnel…
By: Thomas on October 18, 2010
at 10:56 am
James,
contact us at hitthemback@gmail.com
regrads
hitthemback
By: hitthemback on April 4, 2010
at 4:08 pm
to James,
why don’t you get back to us at hitthemback@gmail.com
might be worth it…
regards
hitthemback
By: hitthemback on April 4, 2010
at 4:05 pm
I did. I’ve been emailing Jan B. at hitthemback. Thanks.
By: James on April 7, 2010
at 11:50 am
Hi Aroon,
we like your site, great job!
Any means to post a picture?
Contact us and we wills end it to wherever you want to receive it, shows the desk from which James and many others were cheated
regards
hitthemback
By: hitthemback on April 4, 2010
at 4:10 pm
@James – best of luck!
@hitthemback – thanks for touching base and respect for what you are trying to do!
By: Aaron on April 10, 2010
at 11:10 am
Watch out for
s, also in Korea,They tried to sell me shares at a discount for a company in Toronto called Advanced Media Group.
Cold called me, even knew my PO Box and office number, must have got hold of my business card.
Very persistant, want 5000 euro to be sent to bank in Singapore, called me 20 times for 1% commissioning (56 euro)
Beware!!
By: Bobbie on April 27, 2010
at 8:07 pm
Damn!!! I wish I had know of this practice earlier. I was conned out 5000 Euros by
for the same company Advanced Media Group listed on the Frankfurt Exchange (penny share company by the look of it) and now they are after 25,000 Euros from me for stock in something call Greencell Technologies. Is there is a way I can get the 5,000 Euros back??????By: Gullable on May 9, 2010
at 2:35 pm
Same story. Little trade in AMG, now stalking me for Greencell. Indeed curious to find out how to get this
guys by the balls. Play the game the get some back. Is there a way to involve some sort of police body?By: William on May 21, 2010
at 11:18 am
Exact same thing happened to me..I also committed 5000 euros for Advanced Media with so called
. A learning experience I guess, glad it was not more.They also tried to tap me for the Green Cell and like a sucker I almost fell for it.
I found out they are a scam today when their phone number and email addresses (and website) went dead.
These guys use English (or English educated) operators with upper class, public school names (like ‘Simon Forrester’ and ‘James Beaufort’ in my case.) They have the accents and patter to match..very convincing. And I am british.
Don’t be fooled like me.
If I could chase them down for justice I would. But where do you start?
By: Also Gullable on July 5, 2010
at 4:07 pm
Hi
When I read “james Beaufort” in your add I understood I lost 20K euro
This guy “james Beaufort” work for http://www.strathclyedeassociates.net actually it is a boiler room from korea
You want to know how to chase them down for justice. !00% agree. I propose to fight back with some of the victims, lets start by you and me and some of my friends. I have relations and am working on a “www.Boilerroomvictimassociation.com” are you with me?
I would like to add “clive campbel” “Jeffrey Gibson” “Hendrick anderson” all commun names that you can find in more than 50 occurence on internet.
Waiting for your reply to start the ware.
By: Philippe Vyain on January 11, 2011
at 12:52 pm
I had no idea of this problem – it is completely amoral behaviour….
By: Gullable on May 9, 2010
at 2:36 pm
I have the same problem with
, if anything to do, i’m in to help get them.By: shanghai on May 23, 2010
at 12:37 pm
I had the first call, brochure and now several pressure calls from Bruce Saulters at
. I recognised it as a boiler-room type scam from the outset and have been stringing them along. I have no money, so they are for sure wasting their time! Also, I am in Indonesia, so it would appear they are everywhere. The number given to me is +82 2600 12946 but the calls come with no number. You also need to realise that just because the country code is Korea, it doesn’t necessarily mean that they are there.By: Seagull in Jakarta on June 2, 2010
at 12:16 pm
Just had a very interesting conversation with Chris Evans at
in Korea. Wanted me to invest in a penny stock, Greencell Technologies. I kept him on the phone for about half an hour, making references to the fact that it is a penny stock and asking him what advice he would give an investor considering a low volume stock such as this. He sounded very nervous throughout. To wrap things up I asked him where he got his degree in finance. He could name a University but broke down when I asked which faculty. And then he just hung up………By: Joe on June 8, 2010
at 1:43 pm
have cold called me a number of times trying to get me to buy GreenCell Technologies, GT5 on the Frankfurt Exchange. At http://www.fsa.gov.uk/pages/Doing/Regulated/Law/Alerts/overseas.shtmlit shows that
, with website www..com is one of the unauthorised overseas firms that the FSA has received complaints about.By: garth granger on August 10, 2010
at 10:31 am
Hi Jo, had the same call wanting me to invest 5000Euro in GT5. Sparked some concerns when he told me he was in Korea but his ISD showed he was calling from Mexico. Well just as well I didnt invest, two days after their last attempt to get me to invest the company’s stock value went into free-fall from 2.97 to 1.10 in five days. Wonder if they would even bother calling me again after such sterling advise the first time!!!
By: Simon on February 14, 2011
at 9:31 am
I have had numerous calls from
from a guy called Daniel. I was just about ready to make my EUR5000 investment in AMG Advanced Media Group and thought I would do some background checking. Thanks to your comments on this forum I won’t be another unlikely victim! I plan to string them along nicely by telling him that I’ve seen the performance and would like to double my investment. I will also tell him I am going to Korea on business and would like to meet at their offices. Should be fun!You can check if a company is regulated by the FSA
http://www.fsa.gov.uk/register/firmMainSearch.do
Thanks for saving me!
By: Dave-O on June 16, 2010
at 10:33 am
I too am in the process of being called by Alan Baxter of
. Trying to sell the GT5 fuelcell tecnology to me saying they have just signed a major deal with Mercedes. Google GT5 and you get Gran Tourismo 5. No way is he seeing a cent of mine. Great Blog……..keep the warnings coming. So sorry for those caught out alreadyBy: Ken on June 17, 2010
at 10:05 am
ps……..I’m in China so seems nowhere is safe from these scum.
By: Ken on June 17, 2010
at 10:06 am
I just got
on the phone and they sent me the documentation for the 5000€ purchase on the AMG stocks.Good to find this page with all the comments
I could also find a reference to them at http://twitter.com/sharescams
By: Albert on June 25, 2010
at 11:59 am
Hi Albert. Did a Harry Roberts try to off load Advance Madia shares. I have a couple of calls to ‘win me over’ and have looked through comments such as yours. Looks like a bad man eh? RB
By: rb on August 26, 2010
at 7:40 pm
C.C.MARKETS part of
? very persistent trying to sell Avance Media Group tel. no. 08455280678 started at 20k down to 10k now at 5k and advising me to cash in my I.S.A.s to finance the purchase thankyou for providing this siteBy: terry on June 25, 2010
at 2:48 pm
Guys thanks for the info saved my a few quid was about to invest in advanced media with Dean Sauders of Advanced Media
By: Wayne Leahy on June 27, 2010
at 7:23 am
The blog is great! I may have lost 5K of savings, but I said to myself dont put in more than you are going to regret if it goes pear so I am fortunately not too gutted, though I feel for the ones who have staked more.
Now they are asking to whack in another 30K as it is being delisted (Now listen Phil, this is a private aquisition and it WILL be a guaranteed return of $5.20 as this is the purchase price that has been agreed between AMG and the purchaser…)
Apparently they need to show that they have 30million in cash…(???) and need it soon as the delisting is happening in 1st week of Aug and guaranteed payment back me will be around 4 – 9th Aug. It stinks of fish and I am not quite number sophisticated enough to work it out in my head.
By: Phil on July 9, 2010
at 11:12 am
***ACCOUNT MANAGER LEAVES OFFICE EARLY TO TAKE KIDS TO CINEMA***
Spoke with Henry Phillips again of
. Informed him that I was not going ahead as we had discussed on Friday for the extra 3000 shares (6000 Euros worth).He was a bit dissappointed that I did not inform him earlier on Friday. I told him my colleague had called their offices and was not put through to him. He asked about what time that would have been, I told him that would have been about 6pm Seoul time. He said that Friday night is Cinema night for the kids and so he had to leave the office early…
At least he is a family man.
By: Phil on July 13, 2010
at 11:24 am
Thanks to all of you, for your contributions.
I’ve had a Bruce Saulters, a James Beaufort and now Henry Phillips chasing me with the same stories.
I was stung once but this blog saved me wasting a lot more.
By: Berty_G on July 16, 2010
at 10:23 am
At the moment
are targeting the Pattaya, Thailand area. They phoned a few days ago from an unknown number. They sent a letter, company description, application form, and market outlook newsletter. The same pack is being delivered to about 200 people per day in the Pattaya area.The website given on their letter is www.
.com but this cannot be accessed.A search on “
” yieldsThis too cannot be reached.
At http://www.fsa.gov.uk/pages/Doing/Regulated/Law/Alerts/overseas.shtml it shows that <s, with website
is one of the unauthorised overseas firms that the FSA has received complaints about.I have every sympathy for the people who have been deceived by them. I would suggest that they report details to the authorities responsible for financial regulation (if any!) and the police in the country where they are living giving them as much information as possible. They can also report the matter to the authorities and the government in Seoul.
By: garth granger on July 16, 2010
at 6:46 pm
Just managed to stop my transfer of 25000 Euro to
. Thanks for the website and forum. You guys saved my life!!!!!I am going to string them along for as long as i can and i am definitely going to ask them to come and see me in Dubai, or i will go to see them wherever they are. BTW They can all go to HELL!!!
By: Anon on July 17, 2010
at 1:40 pm
I lost 20K euro
This guy “james Beaufort” work for http://www.strathclyedeassociates.net actually it is a boiler room from korea
You want to know how to chase them down for justice. !00% agree. I propose to fight back with some of the victims, lets start by you and me and some of my friends. I have relations and am working on a “www.Boilerroomvictimassociation.com” are you with me?
I would like to add “clive campbel” “Jeffrey Gibson” “Hendrick anderson” all commun names that you can find in more than 50 occurence on internet.
Waiting for your reply to start the ware.
By: Philippe Vyain on January 11, 2011
at 1:02 pm
Agreed! Where do we start from?
By: Mike on March 5, 2011
at 7:52 pm
Agreed, just realized that Strathclyde Associates got 25 kEuro from me…
And watch out Paradigme Consultants, too.
By: Elkapitan on March 9, 2011
at 9:33 pm
ElKapitan and Mike we are a groupe of vitime of strathclyde associates representing now over 250Keuro loss and the figure encreases every day unbelivable. Please join us by Ann_philippe@yahoo.com
By: philippe on March 10, 2011
at 6:35 am
I was duped out of E65,500 by James Beaufort for GrencellTchnologies Shares
Thomas
Dubai
By: thomas on January 5, 2012
at 2:37 pm
By: Aaron on July 21, 2010
at 11:01 am
I think the rest of the Gulf is currently under attack;
are one to look out for.I always take the approach of thanking them for their valuable leads and while a cautious investor will monitor this one for a few months. However if it reaches the incredible heights they imagine I will be chasing them with my cheque book open.
This did backfire on one occasion when a persistent American gentleman (?) accused me of being a cross dresser who had engaged in inappropriate physical relationships with his mother.
Well really there is no need for that!!
Hang on to your hard earned cash – Oz!!
By: Oz on August 9, 2010
at 1:08 pm
Hi, the latest one is from a company called
, also based in Seoul and trying to sell Green Cell Technologies after learning they signed a deal with Mercedes over the last 24 hrs (i guess their 24 hrs started a few months ago!) and i’m in Malaysia so they’re global! Actually had a similar experience a few years back.By: Marc on August 12, 2010
at 8:29 am
Anyone heard of Harry Roberts who is trying to off load Advance Media Shares??? Persistent, knowledgable and has also mentioned cashing in an ISA. Seems dodgy or??????
By: rb on August 26, 2010
at 7:28 pm
It’s a rip-off, albeit a sophisticated one where they create plausible looking web-sites for themselves and the companies they are trying to sell. They have clever scripts they work to and always have trustworthy sounding names (Adam Blake was my last). The people they use often have failed careers in the industry so they sound knowledgeable. Just don’t do it !
By: berty_g on August 27, 2010
at 10:57 am
Would love to hear more about Advance Media.
By: rb on August 26, 2010
at 7:42 pm
Advance Media Group – got approached by strathclyde in July about – company exists but stock price hasn’t moved in the last 3 months and no news about the famous contract with Sony. Apparently they are in the 3D business, funny thing is main office is in Toronto, they second biggest sales office is in Bogota (Colombia) go figure… absolute scam do not fall for it.
By: Thomas on October 18, 2010
at 10:43 am
Why have some comments had a line drawn through?
By: rb on August 26, 2010
at 7:45 pm
I’m in Singapore and received several calls from Bradley Thomson about GreenCell Tech GT5 shares to buy for 5000 eur. They are talented for sure, and was investigating on this before finding this blog. thanks for your warnings guys!
By: korsair on September 1, 2010
at 11:25 am
I have been called loads by stratchclyde associates. Last talked with Alex Jennings who convinced me to buy 5K (Euro) down from 40K, of Greencell Tek. Sounded to good to be true, so stupidly agreed verbally. Then I read up on them and saw the words “scam” and “fraud” associated with everything they do. I haven’t sent any money but I did agree to buy 5K over the phone. Now that it appears to be a scam, if I refuse to pay I assume they are not legally entitled to that money. Advise please? for gullible here.
By: wc on September 1, 2010
at 1:02 pm
Also agreed verbally so they send me a bunch of documents etc… and the wiring information, fortunately i did my due diligence and found just in time out that this is a scam – so what – I send them to the email adress they provided – that i will not go through with the deal and that they should leave me alone and also i believe this is a scam – since then no more communication…so you agreed verbally – but you have not been a client, you did not yet open an account nor did you sign anything – so trash it and do not worry and if they have the nerves to contact you again – you threathen them with a legal suit and /or background search they will back off. We acutally should take action and in all our countries alert the authorities….
By: Thomas on October 18, 2010
at 10:48 am
I fell for the Strathclyde Associates story. Jason Adams told me about Greencell a few months ago and I put him off, then this week he called back with the Advance Media Group offer. Lots of smooth talking and I agreed to EUR5000. Next came the compliance call and the email with bank account details in Malaysia, I almost sent the money but had to go out of town and then thankfully I did some searching and found this blog. I guess I’ll get lots of threatening calls now. Thank you everyone for explaining how the scam works.
By: gulible on November 24, 2010
at 10:22 pm
You’re safe, even if they will probably verbally threaten you it’s all bluster. They don’t have a legal position. You can tell them that if you go to court you’ll have a lot of scammed friends that are looking forward to seeing them there. You can also tell them that they’ve been reported to the Korean Stock Exchange and the UK Financial Services Authority (even if you haven’t done it others have) for illegal sales practices.
Or just refuse to talk to them…..
If you’re concerned talk to your bank and ask for their advice.
By: berty_g on September 1, 2010
at 1:28 pm
Oh god, if they theaten you, please inform me. there are many criminal complain waiting for them to present themself.
By: Philippe Vyain on January 11, 2011
at 1:07 pm
Hey, Just got a phone call from some company called Strathclyde talking about Greencelltech and Mercedes GT5 shares. The guys name was David Sims giving som +822 number. I am in Thailand, so beware out there, the boiler room is chasing your money, but i typed Greencelltech Mercedes in Google while he was talking to me on the phone and the Scam was blown, Goodbye David!
By: Brian on September 6, 2010
at 10:18 am
Nice to see you escape…
By: Philippe Vyain on January 11, 2011
at 1:28 pm
Just got the same story with Greencell and a Mercedes deal. The guy (named Paul with a nice British accent) was asking me to buy 50K euros of shares for a return of 60% within 3 months.
As Brian did, I googled Greencell Mercedes and found out the whole thing was a scam. Thanks guys for this website.
By: Mat on January 25, 2011
at 7:40 am
I have been trapped by these guys and probably lost my money (can’t believe how stupid I was).
Brian, what was the reaction, did you confront them?
Anyone else in same situation as me? any idea trying to get the money back?
By: Lars on September 6, 2010
at 3:45 pm
to Lars [post on 6-Sep-2010]
I fell into their trap as well (Strathclyde) and I would be interested to discuss any possibility to get back at them. Thomas [BkkNet88@truemail.co.th]
By: Thomas on December 13, 2010
at 10:16 am
There is way, need to know? replay and I will tell you
By: Philippe Vyain on January 11, 2011
at 1:30 pm
I am very interested to know how to get my money back too. Contact me please at les5starck@gmail.com
Thanks
By: Starck on January 21, 2011
at 1:01 pm
I am also very interested. I have put money to strathclyde for greencell and also for future opening of eldoragold and i cannot contact them anymore
By: Ludovic on February 17, 2011
at 9:20 am
Ludovic
Please contact ann_philippe@yahoo.com
any other victim of Strathclyde of fisher capital, do the same, don’t fight alone.
By: philippe on February 19, 2011
at 7:24 pm
Ladies/Gentlemen,
i had call about an hour ago from one Micheal Atkins of straithclyedassociates +82 2600 12946, offering gt5 stocks on the frankfurt stock exchange. this is a greenfield technology stock this has signed a major deal with a large German motor firm, that is not public yet. all very smooth, i just want to verify this person and company- which led me to this web site. he gives the web address as http://www.straithclyedassociates.net, he was phone from south korea. he was asking investments of 5000-50,000euro. buy price of 1.7euro selling at 2.7euro in three months, great deal hey, in fact so great i asked his street address so i can visit him on my trip from Indonesia to Vancouver, as my flight is in transit in Seoul. that was when his clutch started to slip… got ya. be careful people
By: bruce feldmann on September 8, 2010
at 2:46 pm
nearly nobbled, thanks for your notes, all marbles in mouth guys selling gt5 stock 5000 euros, been pestering me since august, has anyone any good news
By: fred kilner on September 28, 2010
at 4:50 pm
Oh Bugger! Mr Beaufort is at it again, sorry to say I fell for it, but at least it was only the 5000euro Painful enough, but not as painful as the 30000euros they very nearly had out of me today. Something just didn’t feel right so I spent my lunch hour doing some searching and thank goodness I found this blog.. oh thank you. The latest scam is a take over deal and new technology that is just to irresistible to let pass for the ‘Preditor’ company looking to take over the ‘Target’ company. well today they sent through the transaction details and requested that I pay the 30,704 euros into thier Indonesian bank account (should have smelled it there) anyway thanks to this blog I can put it down to bitter experience. By the way the new scam surrounds ‘Eldora Gold Resources Ltd’
By: Simon on October 5, 2010
at 2:53 pm
I am in Indonesia and have a good contact in the police fraud squad. Send me the details, and I will track down the buggers!
By: Seagull in Jakarta on October 5, 2010
at 5:39 pm
I’m also in Jakarta, just had a call from Shaw Asset Management, American Sounding guy, with the same story of Greencell Technologies and Mercedes. I said I know the Mercedes country director very well and will ask him about it. “Oh he wouldn’t know about it,” was the reply, “it’s very confidential.” I asked how come a company in Korea know about it – “because we spend millions of dollars doing research”. It was down hill from there but at least he wished me a good day before he hung up.
By: JakartaBule on October 20, 2010
at 11:36 am
James Beaufort from Strathclydeassociates got me too.
the jakarta bank he use is :Bank mandiri otto iskandardinata branch gedung graha marba lantai 1 j1 otto iskandardinatn no 64 jakarta indonesia swift code, bmriidja beneficiary 006-00-0670394-4
name : client settlements.
He use also MAYBANK, Labuan in Malaysia, more detail upon request
Actually he is tracked by operationarchway@cityoflondon.police.uk for those that are intrested stay tuned..
May we get your contact in jakarta fraud police.. we are several to track this guy. Tks
By: Philippe Vyain on January 12, 2011
at 9:32 pm
Oh, Strathclydes Associates and the GrenCell&Mercedes deal sound very familiar to me and some of my colleagues… Luckily none of us accepted.
Has anybody an idea from whom they get the contact data of potential victims?
By: Kai on October 11, 2010
at 1:35 pm
Do not know where they get the mobile numbers from, considering i am in west Papua in the jungle they do a good job finding mobile numbers. could be off our company data base, others i know have also been settled, who knows
By: bruce feldmann on October 12, 2010
at 12:54 am
I started a new job, and had only given out my card to someone from the HSBC. A week later I got the first call from Strathclyde. I have since found out that it is big business for expat databases to change hands for significant amounts of money. the answer is not to join clubs etc or to put your business card into a lucky draw bowl.
By: Seagull in Jakarta on October 12, 2010
at 7:59 pm
I was also approached about this deal – but really I have no idea how they got my phone number and the best was they got my professional number, i am very careful giving out my private number… i asked them how they go my number and the normal blah blah we buy legally adresses etc… but after reading here through it it seems they are targeting expatriates maybe of multinational companies… no idea….
By: Thomas on October 18, 2010
at 10:40 am
When I asked them where they got my contact data from they told me that there are two possibilities: either from subscribing for a newsletter or other services from them or their partners or from a referral from a friend.
In my case it was allegedly the referral of friend – when I asked for the name of this “friend” the reply was something like: “We cannot give you the name due to our strict data protection guidelines, as you surely understand…”
By: Kai on October 19, 2010
at 9:00 am
they got your information from free search engines and other paid database like kompass, alibaba, onesource etc..
they will call the office number up, and ask the operator the details they need, like names of any expat manager working in that office, and the mobile number or any direct line.
please advise your secretaries or the operator to never give out any information about the managers, especially if the call is from south korea.
By: neil on January 15, 2011
at 9:44 am
We discussed the matter with the colleagues and figured out that the only common non-business-contacts we have are our bank and the relocation agency.
btw – I forgot to mention that I’m located in Singapore
By: Kai on October 12, 2010
at 8:15 pm
Wow am i glad i found this forum. I’m in Shanghai and yesterday got a call from Nick Durrington at Fisher Management offering the same deal, something about Greencelltek and a new contract with Mercedez Benz that hasn’t been announced to the public yet.
Posh english accent, based in Korea. When i called back, i went through to an Asian call centre (philippines i think) who wouldn’t put me through, only offered callback. SCAM!
By: Jericho on October 15, 2010
at 6:39 am
I got perfectly the same experience. Fisher capital management. Mercedes buying Greencell. Number in Korea. I almost sure that they got my business card from some of clerks of singapore bank.
By: And on October 22, 2010
at 5:57 pm
Interesting – I am in Singapore and I got the call last week from Strathclyde associates. Same story greencelltek a couple of month ago it was advance media buy also a canadian company – at that time contract signing with Sony, this greencell tek and contract with Mercedes, very good english speaker ( british accent) and smooth talker, nearly talked me into it, i even had already the bank wiring details – going into an offshore account in Labuan Malaysia, what made me very suspicious was the fact that account where to wire to named – Client Settlements Ltd, for how stupid can you take somebody – well it nearly working with me. I actually followed up on the address and phone number which was given to me and actually they were no people at the adress just a virtual office rented with all the services attached. Fortunately i have a Korean employee who could find out everything for me – since +822 is Seoul Korea. So be very careful it is a very elaborate scam
By: Thomas on October 18, 2010
at 10:38 am
Some people asked about the banking details of this detail. Here one example which I got – fortunately in the end i didn’t fall for it it would have cost me 5.000 Euro
Strathclyde Associates Bank Transfer Information
Payment Terms & Instructions
Please make sure your Strathclyde Associates Trade Reference F11129TW/1 is clearly
stated in all correspondence.
Email a copy of your Transfer payment / Credit advice to
accounts@strathclydeassociates.net or fax to +822 6001 2947
Please use the exact details as listed below as they are bank requirement.
When asked for purpose of transfer please state for “Payment to Strathclyde
Associates for AC F11129TW/1″
Beneficiary EURO
Account No 71512000 5209
Beneficiary Account Name Client Settlements Ltd
Total Amount Payable € 5,454.00
Beneficiary Bank Maybank, Labuan
Beneficiary Bank Address Lot E 005, Ground Floor Podium
Financial Park Labuan Complex,
Jalan Merdeka
8700 Wilayah Persakutan
Labuan, Malaysia
Beneficiary Swift Code MBBEMYKL XXX
By: Thomas on October 18, 2010
at 10:54 am
Strathclyde are still at it – even today – but have now tried to rail road by giving the story that as they are in Seoul and hours are ticking away – can they call back in four hours for a decision – then the compliance office calls back, etc. Even checked to see how cheeky they could get by offering a credit card – which they didn’t take up on, but we will see what stories I get tomorrow.
Could be fun, no ?
By: Tim on October 19, 2010
at 10:01 pm
Strathclyde called me today 07078868094. Was on the phone for about 25mins. When mentioned my father deals a great deal back in the UK and I would get his view on the trade……silence. Then the usual “well if you decide later on, by then it may be to late, please call or mail me.”
If i am honest, i only realized it was a scam from watching boiler room.
I did not invest anything but can see how some people do get caught out.
By: Dubai Peter on October 20, 2010
at 12:11 pm
I got several calls from Bruce Saulters and James Beaufort about 6 months ago and declined over and over again until I fell into the trap and got shares in Advance Media worth 5,000euro.
After that I was approached number of times to buy more wich I declined and eventually started to do my home work and realized it’s a scam.
About two months ago I approached Strathclyde and tried to make them sell the shares to see if I could get my money back but so far nothing.
Anyone have any suggestions on how to get some of the installments back?
I must admit that I feel quite stupid now, can’t believe I bought their stories!
By: Nick - Dubai on October 25, 2010
at 3:55 pm
Hi Nick, i would say that you right the 5000 euros off, put it down lessons and school fees. i know it is difficult but move on. also this web site / blog can be viewed by culprits – Bruce Saulters and James Beauforsort and co – right them a message. you would find they or he are viewing each and every comment written. the wheel is round and it turns
By: bruce feldmann on October 25, 2010
at 11:47 pm
Hi Nick, i would say that you write the 5000 euros off, put it down lessons and school fees. i know it is difficult but move on. also this web site / blog can be viewed by culprits – Bruce Saulters and James Beauforsort and co – right them a message. you would find they or he are viewing each and every comment written. the wheel is round and it turns
By: bruce feldmann on October 25, 2010
at 11:48 pm
Nick, I have every sympathy with you. I have had “Alex Turner” on cold calling from Korea. I am in Qatar by the way.
The number they call from +827078860842 He says he is from Fisher Capital Management He is a very smooth operator. He is from the South of England says he used to work in the City of London until he branched out on his own to be a broker. He is using the same MO as all the above. Green Cell Technologies doing a deal with Mercedes wants me to be a long term customer and this is just a taster. Originally he wanted me to send him 10000 Euros which they have since watered down to 5000 when he saw that I wasn’t biting. To get rid of him after the 2nd 30 minute call, I said I would take 2000 shares for 5000 Euros. Then his straight man rang telling me he was following up and this was for my protection.
Today his American associate rang just making sure that I understand how to wire the bank the money. In the meantime I have done a little internet browsing and came across this site just in time. As Fisher Capital Management they are plausible there is plenty of web coverage showing them to be a Bone Fide company, they answered all my queries with plausible answers. All apart that is from why they wanted me to send my hard earned money to Barclays bank in Ghana. “Alarm Bells” were ringing even louder than at first. If it had been Jersey or the Isle of Man then they might have had me going. Anyway I look forward to their call, when they realise I haven’t bitten.
Two things spring to mind
1) How much money must they have made doing this? Judging by the number of people who they have been scammed it must be hundreds of thousands of euros/ dollars/ pounds.
2) Green Cell Technologies appear to be doing quite well on their own. Their stock price is up again today it has increased five fold in four months ……..Now where’s that phone?
By: Alan Tyler on October 26, 2010
at 7:33 pm
Contact me, there is ways
By: Philippe Vyain on January 11, 2011
at 1:09 pm
Had some investment with Strathclyde … seems they disapeared , no way to get in touch with them. It seems you have some way to get money back. I am very interested. Please contact me and let me know. Thanks
By: Starck on January 21, 2011
at 12:50 pm
i am so happy i found this blog.. if i was able to get hold of euro 5,000 immediatly i would have sent it to thier bank in labuan already!! i was contacted by a barry stern.. strong deep throated british accent.. sound like a guy you would happily share a beer or two with at the local. he was representing shaw capital management based in souel sth korea. offering me to buy eldora gold at 1.05 and when i did some check was already 1.25 on the same day.. this started me wondering. they have what seems to be a legitimate web site but not my information. i received 2 other calles confirming my details and advising how to transfer the money.. the last caller mention that the call was being recorded.. somehow makes you feel like you have committed….. they are are very convincing!!
By: Michael L on June 22, 2011
at 5:04 am
I got the cold call, here in Brunei (consuming a good half hour of my day) from the girls at Fisher Capital Management in Seoul and then the brochure a few weeks later (binned it). Then the call from Chris Anderson, consuming an hour of my day, (S.African?) with all the usual guff . . . the thing is, you find yourself thinking . . .”wow, this is my chance to make some money!” . . . I just said yes to everything . . of course, fully in the knowledge that saying yes to a stranger, costs me zero! When the second call came, from the compliance officer, Adam, (posh English) I said I couldn’t transfer 5000 Euros on the strength of these calls . . .after all they could be anybody right? There are lots of reasons why the offer just doesn’t add up, but at the end of the day, if something sounds too good to be true . . . .
By: Jason on October 30, 2010
at 4:01 am
alex wright calls from Milan, Greencell signed a multimillion dollar contract with GM!!!! same story, same scam… I am an expat in the czech republic
I must say that the guy is really good, watch out guys!
By: alberto on November 2, 2010
at 8:10 pm
Wow gReencell tech must be the flavour of the year…..Got the same type of call from Shaw Capital, same number as Fisher Capital. Same gig, same deals, same account numbers in Malaysia.
These guys are good. Be aware people. BTW to my friends in the so called boiler room scams, you have been put on notice!!! ASIC is after you now.
By: Boz on November 10, 2010
at 8:58 am
same scam call from Fisher Capital (http://www.fishercapitalmanagement.com),
GreenCell GT5:GR & Mercedes contract
By: rictus on November 11, 2010
at 9:15 am
Same call from Alex @ fisher here in KL today re greencell. Following earlier thread calls seemed to spring up when i opened an account with HSBC..if they can get my name from the HSBC data base what else can they get
By: johno on November 12, 2010
at 10:40 am
There is a report of a sale of personal details including passwords, addresses and passport data. Please see http://news.bbc.co.uk/2/hi/uk_news/4121934.stm
By: garth granger on November 12, 2010
at 1:12 pm
Just received the call from David Monaghan at Fisher Cqpital (I’m in Papua New Guinea) re Greencell and the deal with Mercedes. Eventually put the phone down on him then Googled it to find this blog. I tell my wife to watch out for these scams all the time but have to say the old quick money trick had me thinking about it for a while!
By: Tommy D on November 15, 2010
at 10:08 am
THEY GOT ALL THE DETAILS LIKE TELEPHONE NUMBERS AND NAMES FROM FREE SEARCH ENGINES, THEY ALSO HAVE A DATABASE WHICH LISTS ALL THE COMPANY INFORMATION INCLUDING THE NAME OF THE MANAGERS AND THE OFFICE NUMBER..
AND FROM THAT GIVEN OFFICE NUMBER, THEY WILL GENERATE EVERYTHING BY CALLING THE NUMBER UP!
PLEASE INFORM THE OPERATORS AND THE SECRETARIES TO NEVER DIVULGE ANY NAME OF ANY EXPAT MANAGER FROM THE COMPANY AND TO NEVER GIVE OUT ANY CONTACT INFORMATION, BE IT A DIRECT LINE, EXTENSION NUMBER OR A MOBILE NUMBER!!!
By: neil on January 13, 2011
at 10:35 am
I’m in Shanghai. Just recieved a call from Strathclyde about GT5 and MB. Selling today at 2.9 Euro, in 90 days would reach 5 euro. Googled GT5 and Mercedes, and found this site… Thanks!
He was giving me a hard time because I didn’t invest in his last deal a few months back, which agined 78% for his clients.
I said very calmly time and time again – I am not interested. Finally he hung up…
By: Daniel on November 17, 2010
at 12:50 pm
Wow, finding this site just saved me a good 5k, and I was about to push the button on the transfer to the Maybank account in Labuan.
Guys name was Jonathan Gillham with a strong US accent, number +82237824690 also for GT5:GR in Frankfurt with a Mercedes contract, I thought it was suspect when they were promising a buy at Eur 3.05 and the Google finance price was Eur 3.28 as he spoke.
Too good to be true is exactly that !!!
I am an expat in Singapore, unfortunately told them which bank I would be transferring from and gave some personal numbers. I just sent them back an e-mail congratulating them on getting so close and almost making a chump of me.
By: Sean on November 23, 2010
at 11:14 am
Shaw Capital (addressed in Korea) called me up for the second time offering 14000 shares in GreecnCell Technologies at 3.05 Euros per share, with a guarantee we will see this double because Mercedes were about to sign a contract with them. The list of promises was tiresome, as was the sales patter……read verbatum.
They did send some very convincing brochure documentation in the post/courier which looked very realistic and trustworthy. http://www.shaw-capital.com Lots of blue skies and shiny glass fronted buildig at oblique angles!
Told him…not today thank you !!!
Is this a scam, or just direct marketing ?
Has anyone ever invested and lost money through thes guys ?
By: Will on November 24, 2010
at 9:31 am
Yes we are some in this case and it hurt but less than was they will get in return, intrested to know??
By: Philippe Vyain on January 11, 2011
at 1:25 pm
if you would like to know more about these scammers, email me
neil.chavez1111@yahoo.com
we’ll fight them back..
By: neil on January 13, 2011
at 10:21 am
Will
This is a bloody scam….just check out the similar stories above. Fisher Capital, Carter Sinclair, Strathcylde…all the same! Account nos are the same..all in Labuan, Malaysia. Same story, greencell and merz? about to sign a contract?? This has been going on for years!! Its all bullshit. If its direct marketing as you may allude to, then cold calling is illegal, this is why you will never see these guys registered by any monetry authority anywhere in the world. Dont get sucked in!! BTW this advice is free!
By: Boz on November 24, 2010
at 10:04 am
Nothing new…
I’m expat in Singapore, a glossy brochure, a posh British accent David from Fisher Capital and the so famous Greencell deal with MB.
Thanks for this blog!
By: mqrtin on November 30, 2010
at 11:06 am
I too have had the hard sell sales pitch from Jonathon Gilham from Shaw Capital on Green Cell. Unfortunately for him his knowledge of securities is not that good, so it was quite easy to work out that he was not a legitimate broker. I suspect this company is actually located in the Philippines, but they claim to be in Seoul, South Korea.
I requested to send some friends in Korea to his office to determine if they are legitimate, but all he told me was “good luck getting through security” and hung up. They are not brokers or anything close to it.
By: AB on November 30, 2010
at 12:21 pm
they are not in korea..
they’re in the philippines..
they use korean numbers but they are based in the philippines..
they are a group of european expats targeting european expats in asia and in middle east.
By: neil on January 13, 2011
at 10:28 am
Thank you for this blog. I have just put the phone down from James ..? from Venture capital! Number came as unknown (I am based in Dubai) Wanted me to buy Eruo 15,000 of Greencelltek shares as they were about to sign a contract with mercedes Benz. We then got it down to Euro 2000. Have just found this blog and missed two calls from the compliance people to verify everything! This guy was so smooth and I am used to cold calling being based in the UAE – but still I believed him… no way I’m I going to even consider scams like this in the future!!!
By: Sue Joseph on December 1, 2010
at 10:12 am
Hi
I was contacted by Carter Sinclair last year and end up buying some shares of Sierra.
Last month I was contacted by a guy offering to buy Sierra shares at 7 USD/Share.
Got a LOI, got a contract and a proposal to use the services of a attorney.
A few minutes after the said attorney calls me with a full “game plan”. I just need to transfer 10K USd to a retainer account.
Does anyone heard about this? Is this a scam?
Some “fishy” details:
The guy proposing the deal works for a M&A company.
The company web page has a couple of telephone numbers. When I called to the different numbers it is always the same guy that answers the phone.
The “official” attorney firm chose to deal with private customers has two telephone numbers, NY an HK. When I called those numbers the same person answer the phone (even when I call one after the other, with only a couple of minutes difference). When asked the name of the firm, the telephone number refers to, she doesn’t know.
The same guy that answers all the phones on the M&A firm also answers the HK phone of the Attorney.
Any one knows about this?
By: Anacoreta on December 8, 2010
at 5:54 pm
Don’t send them a cent. I’m sure you have already figured out that it is the next level of scam they trying to suck you into.
If they really are going to sell your shares they can take their commission and fees out of the proceeds. But they won’t sell the shares and you won’t get your retainer back either.
When they call next – and they will if they think there is any chance of you going through with the transfer, then just keep them talking, then you know that they are not scamming someone else for that 15 minutes.
By: gulible on December 8, 2010
at 8:20 pm
Same story as Aaron – Glossy brochure from Shaw Capital Management, nothing in it so fed the bin; followed a few weeks later by a call from Barry Mills +82237824690 with the same Greencell Tech. and Mercedes speech and all the same questions about one’s investments. hard sell to get Euros invested, but brushed him off.
Follow up call by Justin Banfield. Same hard sell, less on offer… Put the phone down on them.
Then found this website – Thanks Aaron
By: Mark J on December 11, 2010
at 12:17 pm
Glad to be of service Mark!
By: Aaron on December 11, 2010
at 6:01 pm
Received a holiday greeting from Strathclyde Associates telling that they improved their service (my ***!) to clients providing a direct number +82 2 767 2985. It would be better to send my xxK Euro back.
By: Lars on December 16, 2010
at 12:16 pm
Need to fight back? there is way.
By: Philippe Vyain on January 11, 2011
at 1:11 pm
how do we fight back?
we dont know who they are..
but i know someone who invested in fisher capital management..
he just lost his money..
By: fisher/shaw capital management SCAM on January 13, 2011
at 9:54 am
Had the Strathclyde ass guys last year and just had David Morgan from Fisher Capital. It’s such a pity I am busy, would of liked to string them along for a while, get their hopes up until I tell them to get knotted.
Perhaps they will call again and I will find the time!
By: Simon Wilde on January 12, 2011
at 12:24 pm
HI, i know fisher capital / shaw capital management.
they really are a scam, they are not based in south korea..
they are based in the philippines.
they hire filipina telemarketers to call a certain company, look for an expat, get all the necessary details like nationality, cellphone number, email address and all..
they offer free brochures about the global market overview..
then the telemarketer will inform you that after few days, someone will call just to give an update..
few days after you receive the brochure, surely someone will call and offer you stuffs you don’t need..
fisher capital and shaw capital are owned by a british woman named MAGGIE HALL.
im just not sure if that’s her real name..
but she lives in the philippines,and aside from her,there are also expat brokers who are also british, some are canadians..
they are targeting europeans, they don’t like americans and asians.
they are calling from an IP phone that’s why sometimes you won’t be able to see their number.
be careful about this guys..
By: fisher/shaw capital management SCAM on January 13, 2011
at 9:43 am
email me if you’re interested to know more about these scammers.. neil.chavez1111@yahoo.com
By: neil on January 13, 2011
at 10:24 am
CHARLES LEE NEVER EXISTED!
By: neil on January 13, 2011
at 10:37 am
True. Charles Lee is just a dummy and also true that they don’t have an office in Korea.
They’re targeting all expat men (european, canadian and australian) in asia and middle east.
They got all the contact numbers in search engines (kompass, hoovers, google finance, alibaba, tradekey, and directories).
If you guys really want to take them down, you must take an action silently because they can change their company name and address easily (to the country were they’re really located which is PHILIPPINES).
By: Fishy Management on January 18, 2011
at 12:22 pm
Most of informations are correct. We are a group of victim, that have a plan. That can’t be reveled here due to we have evidence that they read our post.
Alone can do nothing so At first we need more victimes names for our action, please contacte ann_philippe@yahoo.com, we need to cross check information before striking.
By: philippe on January 18, 2011
at 8:01 pm
I suggest we should all work together to fight them back.
Sure there is ways.
We all want this to stop, or at least gave them hard time sheeting others.
RIGHT?
By: neil on January 19, 2011
at 10:32 am
Have been contacted by a supposedly US company called Paradigme Consultants. There web page is http://www.pardigmeconsultants.us
Has any body heard of them?
By: Dave on January 14, 2011
at 10:58 am
Hi dave
-Did you see meet the consultant face to face personnaly?
-Did you visit their office?
-Did he call you with a real number (not internet number) and can you call him back and he answer himself?
-Did the consultent is exposed on internet on social network (ie, facebook, Linked etc with his company in clear)
-Did the name of consultent is with few occurence ie not john smith, Marc dupon boiler room use commun name with many occurence
-did he propose A class bank for the money transfer?
-did the account to trensfer money has a real company nane and not no name such as “Client setelment”?
-Did the bank he use is in US or europ and not in malaysia jakarta?
-Is there no any post on internet regarding this firm and it is negative or doubtfull?
-did le finencial adviser told you you can buy the product by yourself on line and sell it on line.
-did he presented a contract stating the agrement?
=>IF ANAY OF THIS QUESTION IS NO, You may be in relation with a Boiler room and be very carefull
Hope it help, I learned the lesson the hard way. Take care
By: Philippe Vyain on January 14, 2011
at 12:13 pm
Hi,
A shame I saw this blog only now.
In August after several calls from the company Prentice Management Corp I finally bought 5k$ of China Mobile Limited (CHL) shares.
After 1 month they proposed me to change it for SRAE (Sierra Expolitation) as they were aware of transactions. They sold my CHL shares for SRAE, to be honest I made a small profit out of it. This is why then I was more trusting this company.
They just call me again few days ago to take an other 10K$ of shares as the value would go from 2.50$ to more than 6$.
I started to be more suspicious & try to get more information. Then I found this blog.
So stupid to put myself in the trap. I am sure I will not see agian my money so I just want to advice everybody: do not trust this company, Prentice Management Corp based in Japan!!!!
Is there any legal way to get back this money or it is waste of time? Hopefully I limit my invest to 5K$..
By: Jonathan on January 19, 2011
at 8:02 am
I have only been able to find a warning against this company for selling to Norwegians for which they have no licence. As far as I can tell they seem to be a legitimate outfit with real addresses. I suggest you find someone in the country where your office is to see if the office is real.
By: Seagull in Jakarta on January 19, 2011
at 1:19 pm
Here is the entry for prentice management corps:
http://www.finanstilsynet.dk/en/Nyhedscenter/Internationale-nyheder/Advarsler-fra-andre-tilsynsmyndigheder/2010/Warning-against-Prentice-Management-Corp.aspx
By: Seagull in Jakarta on January 19, 2011
at 1:22 pm
Had the same just now with Fisher Management. Unbelievably pushy this guy, smooth talker. At first i found it rather amusing, but in the end got annoyed and told him to bugger off. Also in China by the way.
As mentioned by other people, if it smells like shit, it usually is….
By: Jimmy on January 20, 2011
at 3:01 pm
http://www.finanstilsynet.dk/en/Nyhedscenter/Internationale-nyheder/Advarsler-fra-andre-tilsynsmyndigheder/2010/Warning-against-FISHER-CAPITAL-MANAGEMENT.aspx
By: Seagull in Jakarta on January 19, 2011
at 1:05 pm
http://www.finanstilsynet.dk/en/Nyhedscenter/Internationale-nyheder/Advarsler-fra-andre-tilsynsmyndigheder/2010/Warning-against-Shaw-Capital-Management.aspx
By: Seagull in Jakarta on January 19, 2011
at 1:07 pm
The two previous posts show two of the names I recognise from this site, but the 2010 list is for over 400 companies. See list here:
http://www.finanstilsynet.dk/en/Nyhedscenter/Internationale-nyheder/Advarsler-fra-andre-tilsynsmyndigheder/Tidligere-internationale-advarlser.aspx
Be careful out there, because there are an awful lot of sharks.
By: Seagull in Jakarta on January 19, 2011
at 1:15 pm
Hi Seagull,
I will send an e-mail to a friend in Tokyo but not sure he will pass by.. Anyway their selling technics are exactly the one I read in this blog & I saw also the warning from Norvegian Financial governement.
I will not invest anymore and just want to advice anybody to becarful if they are condacted by this company.
By the way I am leaving in Indonesia & not Dubai. They are hunting in every single part of the globe!!!!!
By: Jonathan on January 19, 2011
at 3:28 pm
The Tokyo office is a serviced office, so they do not actually have a physical presence there. It is the equivalent to a PO Box…
By: Peter on January 21, 2011
at 9:24 am
Well… Greencell + Mercedes seems to be still be a story used… and the people you talk to are very pushy over the phone. They have a good setup and maybe it is all true, but I will not even try it with comments like above.
If the story of Greencell + Mercedes is still not even announced and we are now 2011, just like the story of 2009, something isn’t quite right.
I won’t go with it… and why would they give you all the details so you can go buy it yourself online or through another broker… doesn’t make sense.
By: Almost, but just short on February 1, 2011
at 11:38 am
Hi All
SHAW CAPITAL INVESTMENTS A MAN CALLED JUSTIN BENFIELD CLAIMING TO BE WITH SHAW CAPITAL INVESTMENTS WANTING YOU TO INVEST IN GREENCELL GURANTEEING A 60% RETURN TEL THEM TO F**k OFF. AGAIN FROM SEOUL KOREA.
By: Mark Lovett on February 7, 2011
at 1:59 pm
Hi guys,
It seems this SCAM is still going round. BE CAREFUL!!
A British guy will call you (called Alan Benson in my case) and tell you they have some inside info on a trade on a stock (the old Greencell Tech in my case, which does exist actually) using the FSE (Frankfurt Stock Exchange).
When you google it while on the phone, it comes up at the price he says it’s on. He says he’s from Fisher Capital Management in Korea (which also exists) and will give you the phone number off their website (check while on the phone with him, and then ask for his extension!).
Then he’ll give you the hard sell to get you to buy 5000 Euros worth over the phone with at least a 60% return in 3 months.
IT”S A LIE. DON’T FALL FOR IT. I can list a million reasons why it’s a lie, but read the posts above and you’ll see this scam has been going on since before the middle of last year.
Just tell him you know he’s a scammer and the police are tracing the call through his internet diversion right now…..
CJ.
By: CJ on February 7, 2011
at 3:57 pm
Hi CJ
Some of us would like to get your methode on how to tracing the call through their internet diversion… ? If you can, I know many victimes of these scamers, the money they made from us is just indescent. By the way I can add to your Alan Benson / Sean NOPLE/ TIM Mallet /Rober Fouller all are fake names… the telephone they use is +82237824690.
Come on people, anyone need more information on this crime organisation, come to me. The fraud squad of many country are tracking them, record your loss in local police , that is the way to see (part) your money back after their trial… you feel shame, or keep silent and you only can expect to swalow your loss… can find us on ann_philippe@yahoo.com
By: philippe on February 7, 2011
at 5:11 pm
An interesting correlation is that an international virtual office service “The Executive Centre” operates using the same address as Fisher Capital in Seoul.
FISHER CAPITAL
tel +82 2 3782 4623 | fax +82 2 3782 4624
http://www.fishercapitalmanagement.com | info@fishercapitalmanagement.com
21/F Seoul Finance Center, Taepyeongno 1-ga, Jung-gu Seoul, Korea 100
THE EXECUTIVE CENTRE
Seoul Finance Centre
21/F, Seoul Finance Center, Taepyeongno 1-ga, Jung-gu Seoul 100-768, Korea
Phone : Tel +82 2 3782 4500 Fax: Fax +82 2 3782 4555
vo_seoul@executivecentre.com
Their website offers virtual office services including;
Transfer to any phone number, anywhere. Calls are handled and transferred according to your specifications, and can be connected to you anywhere in the world***
Business Address
Prestigious CBD Address. A reputable CBD address for use on your business card, letterhead, and corporate collaterals, as well as for business registration*
Mail Handling. Incoming mail, parcels, and courier documents sorted and held for collection
Call Handling
Local Telephone Number. A dedicated business telephone line for your company
Personalized Telephone Answering. Calls professionally answered in your company name, by a professional receptionist in English or the local language of the centre
Since they can offer up to 60 shared offices one assumes they take the whole floor and once can make a fairly easy assumption that Fisher Capital are one of their clients along with the other fronts.
By: KP on February 8, 2011
at 11:34 am
Fisher Capital Green Cell Technology scam continues, but thanks to this site I have kicked them into touch, still get calls but there area code gives them away and just cancel the call.
By: Dave on February 8, 2011
at 2:46 pm
Please be careful when disclosing personal information because you never know, scammers might be phishing information out from you
By: fishymanagement on February 9, 2011
at 7:44 am
Hey, I’m in Shanghai and the guy almost got me, as I told him, he’s really good on the phone. However, lucky me, I’ve been working with chinese for 2 years and I know that if :
> someone is on the rush to make you sign something really promising
> when you say you want to think about it, he argues against that
> he tells you it’s now or never
Then you’d better say never. I decided to cool it off a bit and search the web and here I am. Greentech and Mercedes ! ahah thanks Internet, these mofos won’t fool me
By: Alex on February 9, 2011
at 3:32 pm
I also received a call from Shaw Capital.
Same story.
Received a call few weeks ago.
Said that I agree to receive Folder.
Received it but did not pay any attention.
Received a call yesterder.
GR5 and Mercedes contract signature.
He was insisting to close deal immediately.
I understood that urgency was related to contract between mercedes and GR5 to be announced within 24 hrs and needed to lock rates.
I did not have time to perform a validity check and “promised to make my “5k” payment only if it was not a scam.
I asked him what was the guarantee they would not just take the money and “run”.
Response: They deal with only A-Class Bank.
Few minutes later received a call from their “security department”.
They said they no longer provide company registration when requested.
He explained that FRC warning in the UK was only related to fact that they performed no local tax payments.
I confirm they could proceed but would check if it was a fraud.
They told me I would not found anything.
This morning I received details of transaction:
Product Stock GreenCell Technologies
No. of Shares 1,800
Net Amount € 4,590.00
Amount Due and Payable € 4,635.90 (Euro)
Settlement Date 11 February 2011
Investment Account Manager: Michael Wingate
Purchase Date: 08 February 2011
Trading Symbol: GT5:GR
Price per Share: € 2.55
Commission: € 45.90
Payment details
Beneficiary EURO
Account No: 71512000 5447
Beneficiary Account Name Shaw Capital Ltd
Total Amount Payable: € 4,635.90 (Euro)
Beneficiary Bank
Beneficiary Bank Address
Maybank, Labuan
Lot E 005, Ground Floor Podium
Financial Park Labuan Complex,
Jalan Merdeka
8700 Wilayah Persakutan
Labuan, Malaysia
Beneficiary Swift Code: MBBEMYKLXXX
Today received call from Shaw Capital.
I did not have time to speak as I was in meeting.
Said I would look at the details and payment requirements.
The “gentlemen” confirmed that they heard about this contract between GR5 and Mercedes only this week.
Few bells ring: Maybank, Labuan – Not really A-Class!!!!
Bank in Malaysia, address in Korea, was told registered in USA, calls from Singapore
I sent them an email saying I would not proceed with their scam.
I was a bit worried of my phone obligation but I have not registered or sign anything.
By: Richard on February 9, 2011
at 9:54 pm
I had the same thing yesterday: Here’s my e-mail to their ‘CEO’: Charles Lee
“Dear Charles,
Yesterday I received a call from one of your employees/agents. I did not catch the name; however the individual was a male with either an Australian, New Zealand or possibly South African accent.
Your employee exerted severe pressure to invest Euro 10000 in a stock coded GT5:GR.; and was very keen to secure a deal there and then. Approximately 4400 units. Several times I mentioned that your employee was ‘not listening’; in the end I had to hang up.
Overnight the stock has dropped from Euro 2.50 to 1.50. Perhaps the stock will reach the predicted Euro 4.00 within 90 days.
Independent of the performance of the aforementioned stock, the experience was such that IN NO WAY can I use the services of your company.
So, please ensure that my records are removed from your system. Going forward, I wish that no-one in Fisher Capital contacts me via any means. With one single exception; I will offer you the chance to provide a single, written explanation of your employees behaviour.
I work in a different sector to Fisher Capital. In my sector, your employee’s behaviour would result in disciplinary action. Trust, openness, a true understanding of clients needs, and honour are all required attributes to be successful in my industry. None of these were exhibited by your employee yesterday.
I hope I make myself clear.
Regards”
The stock has further fallen today; to Euro 1.15.
If these c***s get a 5% success rate, they will be coining it in. Disgraceful!
By: Shallow Dave on February 11, 2011
at 4:59 pm
Two brief updates-
1. Stock now at Euro 1.00; vs 2.50 30 hours ago
2. Yet to receive an e-mail reply, after 8 hours. I will duly post if one arrives later…..
By: Shallow Dave on February 11, 2011
at 5:55 pm
I bought 3000 shares Sierra Explorations at 1.5 USD from a company name Global International trading 2 years ago.
And now they told me that they can sell it at 15.25 USD, After I sign the contract they told me that it is unfortunate, there is a restriction on it, and the document has been transferred to Impact Finance in Boston USA.
According to Restricted REG “S” Rule 144 they told me that I need to repay the 1.5USD per shares which means 4500 USD to take out the restriction and to be able to cash my 45750 USD plus they will refund my 4500 USD.
IS there anyone who has been scam with these companies global international trading and impact finance?
Can u please advise me?
By: Ken on February 14, 2011
at 8:36 am
Hi, Looks like i’ve also been scammed!!! I’ve bought £25k worth of shares in both Advance Media and Green Cell – unfortunately I’ve only noticed this site now
I bought through a company called Man Capital Group which I thought was part of the MAN Group but turns out not at all. They were supposedly based in Germany but the office address is a scam. I dealt witha guy called Harry Roberts (who’s name features on here already some fucking Yank c**t) and Stephen Corrigan. I have details of the number they called from, the banking details and the website they used – is this info useful i.e. can i provide to Police and get them to trace??
Is there anything I can do? Are these shares completely worthless or can they be traded? Green cell did fall down to 1.2 Euros but has recovered to 1.6.
Or should I just go straight to Police. I really want to trace these guys if I can’t get my money back I would pay the same £25k to find them and confront them face to face.
Can anyone help or advie me please richie.l72@hotmail.com.
Thanks
By: richard Lynn on February 18, 2011
at 2:49 pm
Hi Guys
Iam in the UK and the same scam is happening here so please pass on to your UK Compadres. In my case a very persistent Canadian called Chris Flynn from Abbotts Investments calling from an unknown number but giving 003249779040 as a contact number. The deal is the same – Greencell Tek (in my case it was Pepsi who were the company benefitting from their efforts) – GT5 on the Frankfurt Exchange. The deal was – stock was standing on 3 euros and poised to go. Inside a year – whatever the investment – he guaranteed it would be substantially more than doubled – in fact – through the roof. The beneficial price was the usual spread – buy in on 2.5 euros with a minimum investment of 2.5k euros. The price today (in less than two weeks) is standing at 1.64 euros. Neat little profit for someone huh.
Chillax Bros
By: mary-anne on February 20, 2011
at 6:34 am
All good information here do not let the Bas***** get you. If you are going to invest in something like this you need to get an architectural bond managed by professionals look at http://www.globaleye.com.
By: Mark Lovett on February 21, 2011
at 10:39 am
Just had a call from a very enthusiastic (and excited) guy from Shaw Capital Management and he wanted to get them in on a fantastic opportunity. Green Cell and Mercedes, buy 50,000 shares for only EURO37,5000, expect 20-30% profit within a couple of months, etc. It was the same patter as described above by numerous people. By the way has anyone noticed that the Shaw Report is amazingly a very similar format used for the Carter Sinclair Report, must use the same print shop.
By: Jason Walker on February 22, 2011
at 10:03 am
Well noticed :
carter Sinclair,
strathclyde associates,
fisher capital management,
shaw-capital,
trent-consultants,
All these SCAM are under the same management.
Want a prouf? they are all hoisted under the same server in Malaysia
For those that understand how “whois” webb site works, you want to know the owner of a domain name so you type
http://whois.domaintools.com/strathclydeassociates.net
and you find under the same IP adress….
http://whois.domaintools.com/fishercapitalmanagement.com
http://whois.domaintools.com/shaw-capital.com
http://whois.domaintools.com/trent-consultants.com
Don’t fight alone : For more information => Ann_philippe@yahoo.com
By: philippe on February 22, 2011
at 1:40 pm
All,
There is a new kid on the block “James Carter” from delap capital services. Offering shares in SunPower Corp in the US. Same story same MO BEWARE. They are from Switzerland…….
By: Simon Wilde on March 1, 2011
at 1:35 pm
Same story, got called by Shaw capital about EldoraGold IPO, I asked him which IB would underwrite the IPO and that was the end of it.
It is really an impressive well oiled scam, very convincing, nice brochure too.
Typical public school accent.
The best method to fight back is imply to spread the word, it is a pity as serious people and company will suffer as a result but no serious company would serve you that kind of story.
By: Kevin Smith on March 2, 2011
at 3:41 pm
Just had the same experience with Fisher Capital concerning shares for Eldora Gold Resources to be listed on Frankfurt Exchange. Person that hounded me for weeks is David Elliott (English accent and very particular about Elliott with double ll and double tt). Am an expat living in Egypt so profile fits too.
Same modus operandi with persistent calls, sequence of questions and separate call by Company audit section. Offered 6000 shares at 0.85 Euro cents with guarantee that these would be liste at 1.20 Euro.
Managed to cancel a wire transfer in time to Barclays Bank in Ghana with Barclays Bank in the UK as intermediary bank. Beneficiary account name “Client Settlements Ltd”.
All thanks to this blog.
By: Ingo on March 8, 2011
at 11:54 pm
Hi, my case fits exactly yours; I’m still struggling to cancel my transfer and get the money back! Can you let me know how you managed so I can feedback to my bank and ask them to do same? Would very much appreciate your help, thanks
By: mike on March 10, 2011
at 11:28 am
If less than 3 week you have to contact the fraud department of the bank you use to transfer the money. You can demand to recall the money. But the reciver can refuse and the bank has no power to make the reciving bank to Obey, Except if they belong to the same network. Provid them evidance of the scam. Strathclyde Associate is in the blacklist of the FSA Finencial Service Authoritys o it should not be difficult. Join our group Ann_philippe@yahoo.com
By: philippe on March 10, 2011
at 1:16 pm
Mike I contacted my bank on the same day I had initiated the transfer, probaly around 4 hours later. They managed to locate the wire transfer and cancel it. As precaution I also transferred all the funds from the account against which the wire transfer was drawn into another account, leaving zero balance. Not an expert in bank but thought it was a way to “bounce” the wire transfer.
By the way did not have any contact from anyone at Fisher Capital Management since cancelling the transfer and sending them emals, to all addresses I had for them, telling them that I don’t wish to be contatced ever again.
By: Ingo on March 11, 2011
at 10:08 am
I sent you today the details on my case, please answer me via e-mail, tks
By: Mike on March 10, 2011
at 9:28 pm
Fisher Capital is diverting people searching the web for BOILER ROOM alike information.
They are filling-in blogs with bull s… statements such as:
- ‘Richard Fisher: Robert Brown’s Boiler Installation-bc’,
- ‘Richard Fisher on Boiler room management’,
- ‘Triad Boiler Room Systems Launched New Commercial Boilers’,
- ‘small-footprint hot water boilers, steam boilers, and radiant heating systems. All our boilers use 12 gauge firetubes in compact vessels that fit through very small doorways!’
- ‘The Boiler Room: GOLD CORPORATE MARKETING PARTNER Unilux Advanced Manufacturing’
I look forward to the day these crooks will themselves be ‘BOILING’
By: CatchTheCrooks on March 16, 2011
at 11:37 am
I received today phonecall from Alex Turner from Fisher Capital Management, he has tried to convince me to buy shares of Eldora Gold recources for price 1,05Euro per share, almost decided to buy 5000shares (minimum q-ty according to Mr Turner I can buy), he almost got me, if he was not too pushy to close the deal and the bank account in Ghana, come on???!!!and beneficiary acc name “Client Settlements ltd”, that was too much, thankfully my fiancee was more sceptical and did not believe in whole deal at all.
Couple months before I have got nice looking brochure and few calls from assistants.
Also I have received following mail from Fisher Capital Mangament:
“Following your instructions we successfully purchased 5,000 shares of Eldora Gold Resources
Ltd as per your agreement with Alexander Turner. We have enclosed the confirmation of trade
and bank transfer instructions for this transaction. Total purchase price € 5,302.50
Please forward by email or fax all relevant bank transfer advice documentation. Once your
settlement has cleared we will issue you a receipt for your records.
Email address: accounts@fishercapitalmanagement.com
Fax no: 822-3782 4624
We kindly ask that you quote your account number when communicating with us.
Should you have any questions, please do not hesitate to contact us.
Kind regards,
Kristine Taylor”
and one more mail, with form to be filled out, all details concerinig my account etc.
I am terrified that almost signed this form, fortunately before tried to check those people and company, THANK YOU FOR THIS FORUM AND INTERNET!!!There were two other people that called me to verify my details and confirm booking of shares, -Mr White and second: Daryl Adams.
I would suggest to move forward and do something about it, as those guys has nerve to carry on scumming expats for long time.
I wish I could help somehow to get them.
Below information about the bank, they wanted me to wire money to:
“Beneficiary EUR Account No
092 – 1013663
Beneficiary Account Name
Client Settlements Ltd
Total Amount Payable € 5,302.50 (EUR)
Beneficiary Bank: Barclays Bank LTD
Beneficiary Bank Address:
Barclays House
High Street,
Accra, Ghana
Swift Code BARCGHAC
Correspondent / Intermediary
Bank
(if required)
Barclays Bank
155 Bishopsgate
London EC2M 3XA”
Good luck to everybody.
By: Expat from India on March 31, 2011
at 7:16 pm
There was same scenario as in above posts, Eldora Gold recources for price 1,05Euro per share suppose to increase within few weeks, when the information about multi-million dollar deal with other company will be realised to press.
Not bad at all….
By: Expat from India on March 31, 2011
at 7:27 pm
Has anyone on here: -
1/. Lost money with Shaw Capital?
2/. Made money with Shaw Capital?
By: Charlie on April 4, 2011
at 2:20 pm
Show capital is a scam Company tracked by many polices.
100% of investers in Show capital have lost 100% of their money at the exact time they sent the money.
-if you already sent your money join our victime comity on Ann_Philippe@yahoo.com
-If you didn’t sent your mony yet, then it is your lucky day. DON’T SEND.
I hope we have been 100% clear on this mater.
This is exactly the same statment for
strathclydeassociates.net
fishercapitalmanagement.com
shaw-capital.com
trent-consultants.com
These 4 companies are under the same criminal mangement nested in Philipine own by a lady call Maggie HALL owner of network of IT companies in MAKATI . Philipine Police do nothing against her, as she controles them, Last information : she hit the wrong guy, a BOUNTY has been placed on her head. Game over.
By: philippe on April 4, 2011
at 4:36 pm
I received a mainline phone call on 21.07.10 from 02-850 0946 (Bangkok).
The man purported to be Michael Atkins of Strathclyde Associates.
He tried to put me into GreenCell Technologies Inc. (GT5) on the Frankfurt Stock Exchange.
They have just signed a multi-million Euro contract with Mercedes to supply HydroCell.
Between 5,000 and 32,000 Units at around 1.30 Euros, basis T+3.
They expect them to go to 2.50.
He requires that I commit to follow him. When he says sell, I must sell. He does not want me to hang on. Very good for him because when he has another buyer he can get two commissions by telling me to sell.
I asked him where he is and he said Seoul, but the telephone number is Bangkok. Why that?
Now I see they got some of them in Bangkok:-
Thai Police, Interpol and US FBI Jointly Raid Bangkok Ploenchit Office
20 foreigners arrested for running boiler room scam
Full story:
http://www.thaivisa.com/forum/topic/458921-thai-police-interpol-and-us-fbi-jointly-raid-bangkok-ploenchit-office/
By: garth granger on April 13, 2011
at 5:31 pm
i am really impressed how inventive the fisher capital guys can be
they’ve launched a website to divert potential investors (future victims) making them believe fisher is also active in scam prevention, unbelievable!
check this out: http://fishercapitalmanagementscamreviews.com
By: CatchTheCrooks on April 13, 2011
at 5:59 pm
Had a random phone call from a company named Shaw Capital stating that they were a financial advisor for the company i worked for in Malaysia (as an expat). Initially they sent a glossy brochure express post from South Korea with an application form. A guy named Justin Benfield, a very convincing salesman / stock broker told me about a stock recently mentioned above name Eldora Gold (ER5) with insider trader knowledge telling me that the share is awaiting an announcement from winning a contract with BHP. The price of the stock was 0.95 Euro and uncharacteristicaly I agreed to purchase the share which was to be bought in huge amounts upon opening of the German Stock Exchange. A verbal agreement was apparently recorded and I was sent the details of the transaction which was to be paid within 3 working days (Approximately 10,500Euros). I have received 2 follow up calls from different people including Paul Andrews, James somebody? Who confirmed my details and went through with a voice recorded conversation. That day the stock actually did surge against the market to 1.1Euro. At this stage i am 99% convinced that the ER5 shares and advice are completely safe and profitable. The next day a phone call from an unknown caller id +60302 which was a so called broker following up on whether or not my application was filled in as well as the stock rising around 15%. In the american/ canadian accent he started to become agitated as i said that i do not trust the company and was considering not paying. The voice became rather outspoken and rude with court proceedings mentioned. I said that i would now prefer to be credit listed rather than pay which sent him into further rambling. After all this i asked if i can find out who refered me, than i would be prepared to pay for the shares. The bottom line being that its not his job to do so and i am obligated to pay. NO Referal name so no payment! After the conversation i am so glad i found this thread. Most people scammed here have an almost identical situation. It appears that this large group of people have made millions scamming innocent people. Well i hope the company is not real as i am not paying and dont want to go to court but will do so if required.
Oh, I almost forgot…The application does not give any details like License or passport numbers, birth dates or foreign address. How can someone who has none of my details actually buy shares from a verbal recording?
By: Rob on April 15, 2011
at 10:16 am
Just today (25th May 2011) I have had a call offering shares in ER5, Eldora. I have had boiler rooms contact me before so was googling “scam” “Fisher Capital Management” as he spoke. I also had a brochure from them a few weeks ago which looks very professional and ligitimate.
By: Charlie on May 25, 2011
at 11:19 am
Rob, you did very well. I promiss you will not have any court apeal as these croc would have to show their hugely face. if they get uncovered we are hundred or even more willing to put them behind bare. Anyway you ow us this warning. even if they didn’t got you, the least you can do is to join our victim group, you can help I can tell you how. Please contact ann_philipee@yahoo.com
By: philippe on April 16, 2011
at 6:03 pm
These scammers will flood the free press release websites with useless sheety information so that a google search will not yield the important results, including the present website for example.
Do not believe any information posted on these websites and get only your information from trusted websites, even those can be wrong but not anybody can post on them (Reuters, Bloomberg,…)
By: Kevin Smith on April 22, 2011
at 7:49 am
After I was contacted by these scammers, and having googled their name, it appeared that they had a sponsored link on google, ie they pay a small fee so that their website appears on top when doing a search with certain keywords.
I wrote a complain to google, basically saying they should not sponsor link to known scam. The advert was removed although I can’t be sure whether or not the withdrawal was related to my complain, it feels good to believe so.
By: Kevin Smith on April 26, 2011
at 11:11 am
I am afraid they are now back… 28 pages of positive stuff before you get to the real info!!
Google are supporting this scam!!!
By: CMS on January 28, 2012
at 7:15 pm
Many many true words in this blog. If it sounds too good to be true etc…. Thank you all.
The Justin Benfields and Paul Andrews are well practiced, well versed… very smooth. They can answer most queries put to them, especially the American sounding fellow Justin.
A recorded phonecall as a binding agreement? Share certificates that take 8 weeks to obtain, a broker that takes a fixed 1%? Guarantee these blokes would be on Burgos Street every night with lots of bread and big grins. Thankfully, there’ll be none sponsored by me!
Agree with you Kev of March 2, best way is to spread the word to our expat friends.
Thank you again – it was a close call.
By: Russ on April 26, 2011
at 2:33 pm
I got scammed in 2008. Paid through my Swiss bank. Got second offer and started using Google. Realised that this was indeed a scam. Contacted the bank with all the details. They in turn managed to place a hold on their bank account. They called me and wanted to know if I cancelled the transfer, knowing that I had blocked their account. Amazingly they agreed to refund the original funds. The bank charged me a minimal fee for their service. Happy Man today!!
By: Andy on April 27, 2011
at 3:03 pm
Was indeed a scam from my previous blog. Tried contacting the organisation without any luck. No follow up by Shaw Capital Management leading me to believe that they are indeed a very organised and convincing scammers. Please people remember not to deal with SHAW CAPITAL MANAGEMENT. However professional they look, please read blogs so you dont get scammed. Here are the bank details i was supposed to transfer into, fyi…..
Premier Settlements Ltd
National Bank of Anguilla Ltd
Account No. 5115910
Swift Code ANGUAIAI
PO Box 44 The Valley Anguilla, B.W.I
Id love to meet this Justin Benfield in Person, and sure many others would too! What an a*swipe. Hope Karma gets him and his associates…
By: Rob on April 28, 2011
at 9:11 am
I sent these criminals a lot of money!
can’t believe I was so stupid not to research more into all this, I usually do.
But I just fell into the trap, and they had me believing everything. When you watch the stock GT5 it’s all so believable as it’s climbing now, and there is a press release also just last week as they predicted. It’s very very eloborate, but why would they ever want to give money out to you even if the stock did go well.
PLEASE, anyone reading this blog,
DO NOT SEND ANY MONEY TO THESE GUYS.
Names they use:
Henry Phillips
James Beaufort
David Carlton
Ed Harris
Clive Campbell
Of course these are not their real names, but at least if they are familiar to you then you will know who they are!
I WANT TO FIND THESE PEOPLE ONE WAY OR ANOTHER !
They are Criminals and you know what you do to crimimals !
I don’t really know how they sleep at night, the lies they come up with, and they insist you should use all the monies you have available, and more, as it will all come back to you. They took me for EVERYTHING and I’ll be paying for years to get back to where I was before those phone calls starting coming in !!!
I’m in with anyone to find these guys and deal with them!
If someone climbed through your house window, stole your money and you caught them in the act, what would you do ?
By: A1 on May 11, 2011
at 1:03 pm
A1
Have you recently been in contact with SA? Telephone number?
I have a story as well if you write to telemark71@gmail.com
By: Joe on May 12, 2011
at 2:48 pm
Just had 1 hour conversation with “James Fisher” of Fisher Capital, calling from “Korea”. Very persuasive, trying to get me to commit to buying shares in Eldora who had been made an offer by Billiton , shares about to double etc etc. Got him totally flustered about “transferring 5000 euros over a phone line” when he knew my objection was transferring to a “blind” account !! How do people fall for this shit – but was he persistent!
By: Ben Cooper on May 19, 2011
at 2:09 pm
Ben, Sending money to fisher is a garenty to lose 100% of your investment. The money you send will arrive in an account in malaysia, indonesia of gana. They will send you a worthless PDF for the transaction, actualy they will not buy anything. Everything will be fine untill you demend to sell. Then they will convince you not to sell now, if you insist they will deseapear, it means you will call the number in Korea, the guy will never be available. We are hundred in the same case… Why they never been stop by authorities? just try and you will understand. they pay them to ignor your compain
By: philippe on May 22, 2011
at 8:06 am
I just had this sent to me by HSBC:
Boiler Room Scams – what they are and what to look out for
We take our customers’ financial security very seriously. So we wanted to highlight the threats
around so-called Boiler Room Scams. There’s no need to worry but as the saying goes, forewarned
is forearmed.
What is a Boiler Room?
Boiler Rooms are businesses that use high-pressure sales techniques to sell ‘sure thing’
investments with the promise of massive returns. In fact, what they’re selling is worthless stock
in often unquoted companies that are either overvalued, or simply don’t exist at all.
How they work
Boiler Room operatives generally cold-call their targets, using phone numbers from publicly
available shareholder lists. Because it’s against the law for investors to cold-call in the UK,
they tend to be based abroad (often Spain, Switzerland, or the US) where they’re beyond the
jurisdiction of the Financial Services Authority (FSA). They can approach anyone, anywhere.
Boiler Room techniques
A Boiler Room can look and sound legitimate. They may mention companies you’ve heard of, give
themselves a UK address or phone number, and have a professional looking website. They’re
notoriously persistent, and can hound a victim for months in the hope of a sale, catching out even
seasoned investors. According to the FSA, Boiler Room Scam victims lose on average £20,000.
Remember, as a general rule, if an opportunity sounds too good to be true, then it almost
certainly is.
What to do if you’re called
If you think you’re being targeted by a Boiler Room, the FSA’s advice is not to worry about being
polite, just hang up. You should then dial the FSA contact centre on 0845 606 1234 with as much
detail as you can remember. You’ll find more information about Boiler Rooms on the FSA website
http://www.fsa.gov.uk
We hope you’ve found this information useful but if you have any questions about staying safe,
give us a call and we’ll be happy to help.
Contact us on 08457 404 404* (lines are open 8.00am to 10.00pm every day). If you are a
Premier customer, please call 08457 70 70 70** (lines are open 24 hours a day, 365 days a year).
*Calls may be monitored and/or recorded. Textphone: 1800 108457 125563.
Overseas telephone: +44 1226 261010.
**Calls may be monitored and/or recorded. Premier overseas telephone: +44 1226 260260.
Overseas textphone: +44 2020 882077. Premier Direct Relationship Management service
available 8am to 8pm weekdays and 8am to 6pm weekends (except Christmas Day, Boxing Day
and New Year’s Day).
By: Aaron on May 24, 2011
at 8:44 pm
Thanks to all the people adding information to this blog,
I was contacted too while based in China
They called the number on the site and the secretary forwarded the call for being in English so that’s how it ended up with me.
Initially I said I was not interested in February of 2011,
June 2011 another call, this time more enticing and aggressive:
Alex Turner – Fisher Capital Management
info@fishercapitalmanegement.com
+82 237824623
ER5 Eldora Gold Resource shares 1.10E on Frankfurt
expected to go up 60% at least.
Tried to get me to buy 5kEuro
Then forcing me to agree to some compliance officer whose name I did not take down. The call was recorded by them.
Then Banking information and a person called Andrew Creek confirming if I got the email about the bank in Ghana and if I had any questions….blablabla
Obviously googled names and found this blog, thanks guys!
By: China Expat on June 4, 2011
at 7:43 pm
Had a call direct to my mobile today from Fisher Capital Management. Normally they have gone through our switchboard. This time from a Chris Anderson but again mentioning shares in ER5 Eldora Gold Resource. The mobile number was a UAE no: +971554183042. I just said I had no funds to invest, thank you and he kepyt talking so I switched off the phone.
For the google search engine: Scam, Fisher Capital Management, Eldora, ER5
By: Charlie on June 7, 2011
at 11:36 am
Got a call today from Dave west from Fisher Capital Management (in KL) about eldora Gold resources, very good talker. He even said I been watching to many movies when I was skeptical (didnt know he was referring to boiler room, for sure going to watch it now). Felt something was wrong after hanging up and checked the stock. extremely low trading on the stock and found the fsa than this side. Glad I never transferred anything. Feel sorry for the guys getting fooled out of their hard earned money.
Name used: Dave West
Company: Fisher Capital Management
Beneficiary Account No
704266
Beneficiary Account
Name
Premier Settlements Ltd
Total Amount Payable € 5,302.50 (EUR)
Beneficiary Bank HERITAGE INTERNATIONAL BANK
& TRUST LIMITED
Beneficiary Bank
Address
35, Barrack Rd,
Belize City,
Belize
Swift Code PRVTBZBS
Product Stock Eldora Gold Resources Ltd Trading Symbol ER5
No. of Shares 5,000 Price per Share € 1.05
Net Amount € 5,250.00 Commission € 52.50
By: Thomas on June 16, 2011
at 3:12 pm
If you want to fight back – go at the banks first – this is the way forward – a roadmap if you will – here is how – read this very interesting methodology and way to do it.
http://www.gowlings.com/resources/PublicationPDFs/SmithB_CivilFraudArsenal.pdf
Bruce Smith and the boys at Gowlings aren’t gun shy – just do it. If you have been hit – fight fight fight!!!!
By: Roger That on June 30, 2011
at 10:01 am
Same here, had to go through the Greencell Technology and Advance Media Group scam. Nae of the guy was originally Alex Wright, from Hansa Equity, later replaced by his colleague, supposedly called Douglas Evan Anderson (even gave me his alleged FINRA reg. #). The “personal” telephone number he gave was fake. Called back a couple of months later (same voice), from an alleged law firm in Philadelphia (ftlbpa.com), this time caliming his name was Alan Thompson, and asking to buy back the shares I got conned into buying, provided I make a “guarantee deposit”. Watch out, the guy is totally shameless, and gutsy, with that (not even changing his voice). I guess he’ll get his share of nice exotic bird names next time he calls
By: Alex on July 4, 2011
at 4:19 am
Century Direct Investments seems to be their new name – listed operation address as New Delhi. Could be wrong but the MO is identical all be it the shares are different.
Now this has to be the longest thread going
By: Tim on July 18, 2011
at 1:23 pm
.
By: Philippe on August 10, 2011
at 7:02 am
Hi got a call from an Alex MacKinnon of Fisher Capital Management trying to flog shares of a company called Norton Scientific, who he claimed had signed a breakthrough deal with Bayer. Very trustworthy Scottish accent. Stock meant to almost double in 3 months. By the way, I am an expat based in Beijing. Thank God I can smell a rat. These bastards should be whipped.
By: Gregory Glen on August 24, 2011
at 6:51 pm
Have been hounded by Steven Mullen of Fisher Capital Management over the last couple of days trying to sell the same shares in Norton Scientific..
Same spin stock doubling in 90 days due to big contract with Bayer etc..
Too good to be true and thankfully i saw through the scam..
Scum bag thieves
By: Dubaiexpat on September 7, 2011
at 11:47 am
The Eldora Gold one still spinning got a series of calls from a Marcus of Shaw Capital Management same story went on and on. Very pushy man from southern UK
Thanks to this blog I spun him on and never went for it – all sounded very convincing though
By: James Bahrain on September 10, 2011
at 12:58 pm
Had a call today from Andrew McKinnon of Fisher Capital Management in Korea(!), very persuasive in getting me to buy 5k worth of Norton Scientific, going to do well due to the Bayer deal, etc. Thanks to this website I will take pleasure in telling them where to stick their trade confirmation!
Scum indeed…
Don (expat in Malaysia)
By: Don-one on September 13, 2011
at 10:37 am
Not Don white in KL is it?
By: gary bird on September 13, 2011
at 1:02 pm
Very Interesting I have been hassled by a Jason McIintyre from Fisher Capitol Keora . with the same Norton Scientific spool. I guess we should just wait and see if the Price does jump dramatically in the next 10-12 weeks before we call them thiefs. Has any one actually been ripped off by these guysor is it hear say? Does any one have proof that it is a scam?
By: Gazza Jakarta on October 5, 2011
at 2:57 pm
all fascinating stuff…
got the call from “steve lovett” of fisher capital on 22nd sept. pushing norton scientific (frankfurt ex) for 0.98 euro, big secret deal with bayer looming – 1.75 euros guaranteed in 2/3 months, 2.00 possible. my BS detector went off immediately but i wasn’t too busy so thought i’d string him along for a while, pulled up bloomberg, “it’s trading at 1.07 as we speak, stevie-boy” i said. the lad didn’t miss a beat, “special deal from the client for first-time investors”. “very generous”, i countered – very drolly, i thought. went straight over his head. he talked himself down from 40,000 shares to 20k to 10k before i got bored and ended the call. discussed it with a colleague who said he’d had a similar one several months earlier.
ff to today, banging on the wall from colleague so walk round to his office. he’s got a chap who sounds a lot like “steve” on speaker, but not-steve and this time from shaw capital. pushing norton and bayer and berating my colleague for missing out on the eldora gold 60% bonanza (ok, eldora has gone up but nothing like that). chap got squirrelly when he realised he was on speaker and probably heard muffled laughter so signed offed fairly quickly.
don’t know how these guys sleep at night…
(expat in jakarta, btw)
By: Stevo on October 7, 2011
at 1:19 pm
Thank you, thank you thank you!!!!
Had a call from Marcus Hewitt of Shaw-Capital. Very convincing guy, seemed really professional offering 5k Euro of NT3 at 0.98 Eurocents. I was completely sucked in and even asked my company for an advance in salary to cover the buy in.
Verbally agreed the deal and got the paperwork through, searched the net and found this blog. Also checked the FSA website and found the warning there.
Thanks to all for sharing, these people are truly scum.
While on the phone with this guy I searched Shaw Capital, I think the main reason I was sucked in was becuase of all the hits Shaw Capital returned including all the reputable financial news sites. Dig a little further though and I found that the Shaw Capital being heavily cited is a credible financial company Shaw Finance.
By: Lee Paterson on October 9, 2011
at 1:33 pm
Had another call direct to my mobile today from Fisher Capital Management. This time from a James mentioning shares in Norton Scientific. The number came up as +524. I just said I had no funds to invest and, as the other did, he kept talking so I switched off the phone.
For the google search engine: Scam, Boiler Room, Fisher Capital Management, Eldora, ER5, Norton Scientific, NT3
By: Charlie on October 19, 2011
at 9:55 am
Dear all,
Thanks you for all your blogs, but I’m afraid that I’m reading all this too late. Unfortunately I’ve been a victim of Strathclyde Associates’ dodgy Greencell Technologies and Eldora Gold deals. It’s cost me 30.000 Euros. My money had been transferred to:
Account number 71512000 5200
Client Settlements Ltd
Maybank, Labuan
Lot E 005, Ground Floor Podium
Financial Park Labuan Complex,
Jalan Merdeka
8700 Wilayah Persakutan
Labuan, Malaysia
So far from Strathclyde Associates I’ve dealt with:
- Christopher Taylor
- Adam Blake
- James Beaufort
- Jessica Walker
- Mikaela Holland
- Clive Campbell
Is there anybody out there that knows what to do? Or how we could possibly get our money back?
Looking forward to your response.
By: Simply Sorry on October 23, 2011
at 9:06 am
Sorry to hear that! my advice: get as close as possible to your money if you want to get it back. Ask your bank to recall the wire transfer and contact Maybank’s fraud team
By: SendemToJail on October 27, 2011
at 5:16 am
Dear everyone,
some company named Philip Mason ( http://phillipsmason.com/) contacted me. I have no clue where they got my number from. As I travel to Asia to attend fairs, maybe they got it from there as it’s my professionnal Number.
I must tell you that I have very limited knowledge in Finance and only basically know what an equity is and a stock but this is it.
A guy named Georges Edwards got me to invest into China Mobile recently.
He called me again today pretending there was a good deal to make on gold and has has been trying to talk me into investing into some gold company.
When I call him, he is never available but returns my calls. also, he send me some trade confirmations. However after reading your blog; I have some serious doubts about their actual performance and I’m afraid of getting conned.
Their Website looks very professionnal but I guess Carter Sinclair mentioned earlier does too.
Has any of you about this company ?
By the way, I’m from Belgium so they don’t only pick english people.
Thanks for your help
Yann
By: Yann on November 16, 2011
at 9:25 pm
I’msorry Yan, but it seems you have found another scammer not previously mentioned here. It would appear that the owners of this company hide in Spain. Check out this link for others who have been scammed:http://www.trade2win.com/boards/brokerages/14154-boiler-room-scams-317.html
Please just remember, if it seems too good to be true, it is
By: Seagull in Jakarta on November 22, 2011
at 6:59 am
Has any one, who has been scammed by Strathclyde in the past, heard of a company called Reliance Financial Group and a guy by the name of James Matherson? He sounds very much like our dear friend Clive Campbell or Henry Phillips or James Beafort for that matter.
He is apparently based in Hong Kong, calling on an IP phone though. He apparently got my name and number from the Advanced Media share holders register and is promising to find a buyer for my Advanced Media shares?
By: trying to get my money back.com on November 25, 2011
at 12:43 pm
There are two things to remember, if someone asks you for an advance fee to sell your shares for you, it is a scam. ALL legitinate share traders will take their fee from the proceeds of the sale. Secondly, share trading is regulated, so a legitimate company will have a license to operate in the country they do, ask to see a copy and check it with the issuing authority. If they say they can’t, they are scammers.
By: Seagull in Jakarta on November 26, 2011
at 6:20 am
Dear All,
I eventually got my money back by scaring the sales person.
I first told him that I could not reply his messages for a few days as I was at the hospital after I had gotten into a fight and stabbed. He was worried so I told him that was not the 1st time and he should not worry about it.
Apparently this made him understand that I was a tough guy.
Then, I told him that I would like to visit him in Tokyo as I was attending my little cousin’s wedding ceremony, getting married with a Korean guy working at a company (I pretended not to know well) but that was the 4th largest Yakusa (Japanese Mafia). I insisted that (although I know little about his business), I knew he he had associates who had big money to invest and that he should meet them too. I asked him twice for appointments but he stopped replying…
Then, I asked to cash out before I further invest into new equities.
Apparently, it worked as although he was initially very reluctant, he transfered me the initial amount (of course, he failed to add the profit I had presumely made!) . at least, I got my 5500 usd back.
By: Yann on January 5, 2012
at 4:55 pm
Fisher capital managment, Strathclyde capital, Shaw capital, Trent consultants are all the same entity.
If you have been scammed or even cold called by them report it to the Police and if your are from the UK report it to the FSA on their website. If you transfered money from a UK bank account, then the crime is deemed to have been committed in the UK.. no matter where you were (several test cases on this which set precedent)
If you are from the UK and have been scammed, also report it DIRECTLY to the city of London Police.. they are the investigating division for these crimes and have had some recent successful prosecutions.. people behind bars!!!
Also for help go to globalinvestor alerts website.
There is a way to get your money back even if the police turn their usual blind eye. but be forwarned it is not for the faint hearted.
You can even get the personal assets of those that sold you the fake shares.
Also be warned.. these boiler rooms have now a fake website of a share depository… Addiscombeholdings.com They are tyring to add credibility to those persons who have been scammed but not yet realised it.
Also when you report the crime make sure that you report the bank account that you transfered it to, also post it on as many blog sites as possible, so people can find it when they search the web.
I am determined to stop these thieving Bxxxxxxx!!!!! and put them behind bars, perferably in an Asian Jail!!!
By: CMS on January 13, 2012
at 2:45 pm
All be warned of the birth of another Scam company… this is Amazon gold ventures. It has the same address as Solamon energy. which is another scam company.
It the company claims it in partnership with gold mining companies in south America.. but does not name them.. It also states it will list on the Frankfurt Stock exchange… just like Solamon energy and Eldora Gold resources.. !!!
I am a Mining engineer… I have never heard of Amozon gold ventures.. be warned!!
By: CMS on January 21, 2012
at 9:46 pm
Just saw an interesting post on The Motley Fool board:-
SEC revokes license of suspected boiler room
http://www.abs-cbnnews.com/business/01/15/12/sec-revokes-lic...
MANILA, Philippines – The Securities and Exchange Commission (SEC) has revoked the operating license of First Asia Client Depository Services Inc. (FACDS) for fraud committed in the procurement of its registration certificate. (Mentions George Spencer)
“My insider in the boiler room says that this is an operation connected to David Gilinsky aka “George Spencer” and that he’s running two other boiler rooms in Makati in the Philippines.
Does anyone else recognise the names?”
posted by JakNife
In answer – yes JN – I recognise that name. Gilinsky is a former Manila Hotel head chef who has come across “unexplained wealth” in the past few years since moving to the Philippines – no doubt from the likes of Eldora Gold/ Amazon Gold/ Fisher Capital/ Shaw Capital/ Strathclyde & Associates etc etc.
Gilinsky also heads up a Art Foundation called the Kalinawa Foundation which is at Gilinsky’s offices :-
Suite 1607
Tower One & Exchange Plaza
Ayala Triangle
Ayala Avenue
Makati City 1226
Philippines
Voice: (632) 759 – 3682
Facsimile: (632) 759 – 3681
E-mail: info@kalinawa.com
There are a number of businesses running from the same office – yes all linked back to laundering money and financial businesses.
Now funny old thing this but if you compare George Spencers voice to that of Gilinsky you can’t tell the difference and if you look closely voila – George Spencer = David Gilinsky. So if you have been scammed……and you probably have by a boiler room especially one of the ones named – they are all run by Gilinsky & co (a group of Philippinnes residents). Gilinsky speaks like a Canadian who only left Canada yesterday and a bit of homework on this dubious character reveals a wealth of information.
One thing is for certain – he is not difficult to find and a good starting point if you have lost money to a boiler room especially one you suspect runs out of Manila…..
Talk about running with the hares and hunting with the hounds……sic em.
see http://www..kalinawa.com for a good set of instructions on exactly where to find this character. He deserves everything he gets coming to him – ……..
By: MarkMan on January 30, 2012
at 11:34 am
I hope this is true! but if this is the same George spencer of Fisher Capital Managment I can definitley tell you he does NOT have a canadian accent, he has a subtle manchester accent. I can easily tell.. I am from that part of the UK. Now having said that, there is definitley a Canadian connection with all of this.. Eldora, green cell, Solamon, Amazon.. Its cost about 500,000 euros to get one listed on the Frankfurt stock exchange !! It then very easy to manipulate the shares upward.. this will be done after the “broker” tell the victims to watch the share price.. when the victim see it go up.. he/she is convinced that the broker does indeed have “insider information”
Anyway.. please keep us all posted about the Spencer developments..
By: CMS on January 30, 2012
at 5:49 pm
@CMS – Maybe several “operators” or blokeys from the same boiler room i.e. Eldora Gold/ Amazon Gold/ Fisher Capital/ Shaw Capital/ Strathclyde Capital, Sovereign Global Trading, Trent Consultants, Richmond Capital Management and many more, using the same calling name to add to heightened confusion amongst victims…..I have heard the same persistent discussions and pov on Gilinsky and his cronies from a wide number of people in Manila/Makati now including one who told me he actually knew this de facto and had met Gilinsky and a few ex pom mates purported to be from the Manchester area and one with a very well polished and educated accent from the South of England – who all live in Manila …..sic em
By: MarkMan on January 31, 2012
at 12:38 pm
Then these must be them, anyway the Manila Prosecutor is now on their tails.. lets hope they catch them before they skip Manila.. so they spend a few years in an Asian Jail !!
If anyone can send me more evidence to tie down George Spencer, David West, Kristine Taylor, Thomas Anderson et al to a Manila address please let me know ASAP.. the Singapore Police would be very interested !!!
By: CMS on January 31, 2012
at 3:47 pm
Here’s a Newspaper headline long forgotten concerning David Gilinsky and David Mattick, Larry Moore, Ian Farrel, Peter Smith, Daniel Carreon, Kevin Harris, Allan Quasi and Mathew Behn as well as others:-
SEC sets fraud raps vs boiler room firms
http://news.google.com/newspapers?nid=2479&dat=20020204&id=uVo1AAAAIBAJ&sjid=kiUMAAAAIBAJ&pg=847,1574427
Quote: – Philippine Daily Enquirer Monday February 4 – 2002
“The Securities and exchange commission is set to file fraud and estafa charges against seven alleged boiler room operators and their officers based on evidence obtained from a recent raid of the companies’ Makati offices. Officials from the SEC’s compliance and enforcement department said evidence seized from one office inside the Enterprise building along Ayala Avenue and two offices inside Global business bank showed that seven boiler room operators had been operating there. Based on documents obtained by the raiding team, hundreds of foreign investors were defrauded an estimated $2.8 million by the following companies: Dragon Pacific Co Ltd., Global Sales Link Corp., Gabrini Green and Ross, Waterman and Noble, Mitra Gordon Dean Inc., Sterling Capital Corp., and Client Settlement Services Inc. Regulators identified the persons behind the operations as David Mattick, Daniel Carreon, Kevin Harris, Ian Farrel, Peter Smith, Mathew Behn, Larry Moore, David Gilinsky and Allan Quasi. The offices were deserted when a team from the SEC and the National Bureau of Investigation arrived, as the officials of the firms were allegedly tipped off the day before. Many papers had been shredded or move to another place, but papers in locked drawers still provided important evidence, SEC officials said. Evidence indicate that about 40 unlicensed brokers, mostly British, Canadians and Israeli’s have established a telemarketing operation to entice overseas clients to invest in securities sold abroad, mainly in the United States. ”
Someone may want to copy this over to a few other forums and boards and also warn against the posters on boards named CMS, TMS56 and Boiler Room Basher who contribute nothing – but “fish” constantly……
sic em…
By: MarkMan on February 3, 2012
at 11:46 pm