Possible scams

This is a discussion on Possible scams within the First Steps forums, part of the Reception category; I have recently been contacted by several companies, namely Wilkins Fairbrother & Alpha Finance, offering me shares in Companies West ...

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Old Feb 4, 2010, 12:29am   #1
 
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Possible scams

I have recently been contacted by several companies, namely Wilkins Fairbrother & Alpha Finance, offering me shares in Companies West Group stating that the shares are about to move substantially and offering me these at a discount . This appears dodgy and I have so far refused their "bargain" deals. Has anyone else had dealings in either these companies or shares ? Timberlake Energy is another regular tip but I know this is a definite boiler room scam. Also I have been contacted by an Irish Republic Company, Equities Europe offering to take restricted rule 144 US shares (Medysis ticker symbol MYDO) off me as part settlement on a trade in BHP Billiton Mining. This seems too good to be true as I have been having real difficulty trying to sell these. My e-mails and phone calls to the Company in US went unanaswered or any replies were evasive. Does anyone have any positive experience with Equities Europe or are they also scammers taking advantage of my earlier bad experience with Rule 144 shares in the US ?



Syd
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Old Feb 4, 2010, 4:57am   #2
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Re: Possible scams

why once in a while, theres people like you always post such thing here? try search "boiler room" thread
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Old Feb 6, 2010, 9:06pm   #3
 
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Re: Possible scams

Syd Thompson started this thread
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Originally Posted by everyonerich View Post
why once in a while, theres people like you always post such thing here? try search "boiler room" thread
everyonerich

I take it that this means you think that is definitely a scam. The Companies have both been back on to me hassling me for settlement of the trades but I remain wary of paying out any money to them, especially as I noticed the names of both Wilkins Fairbrother & Companies West Group on the thread you referred me to. Thanks for the advice. I think that I really need it!



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Old Feb 8, 2010, 7:08pm   #4
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Re: Possible scams

They are crooks attempting to steal your money, have nothing to do with them.

Wilkins Fairbrother is on the FSA warning list and Alpha is mentioned below in a warning notice from the FSA

http://www.fsa.gov.uk/pages/Doing/Re...securities.pdf

As for Equities Europe I think it can be safely assumed they are crooks as well, they just havnt appeared anywhere else yet, maybe you can post their website here.

Last edited by pboyles; Feb 8, 2010 at 7:17pm.
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Old Feb 9, 2010, 12:08am   #5
 
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Re: Possible scams

Syd Thompson started this thread pboyles

Thanks. The website for Equities Europe is at www.equities-europe.com.

So long for now.




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Old Feb 9, 2010, 11:20am   #6
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Re: Possible scams

Quote:
Originally Posted by Syd Thompson View Post
I have recently been contacted by several companies, [...] , offering me shares
Since the birth of the universe, has the above situation ever NOT been a scam?

Just interested.
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Old Feb 9, 2010, 11:26am   #7
 
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Re: Possible scams

It sounds like you've already been scammed because of the Reg-S shares you cannot sell - so you are now on their suckers list and unfortunately you will probably be plagued with phonecalls like this for some time.

General rule - if someone phones you up offering investments (particularly discounted shares) without you contacting them first - then it's 99% certain to be a boiler room.

Ask yourself:
Why would someone/some company with such a good deal not buy the shares themselves if it was such a money spinner?
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Old Feb 10, 2010, 4:51pm   #8
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Re: Possible scams

Quote:
Originally Posted by Syd Thompson View Post
pboyles

Thanks. The website for Equities Europe is at www.equities-europe.com.

So long for now.




Syd

Their street address is a wallpaper shop in Dublin and their website is registered to Panama.

http://www.irishbusiness.ie/view.php?i=150499

http://www.gerrykeane.ie/_borders/Ge...0Web%20135.jpg
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Old Feb 10, 2010, 6:55pm   #9
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Re: Possible scams

Ive put over $100K into these 144 stocks over so many years. They are good as toilet tissue IMO. I wish I never got involved in all this non-sense. PLEASE be careful Syd or you will be out hard earned cash!
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Old Feb 11, 2010, 9:00pm   #10
 
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Re: Possible scams

Syd Thompson started this thread Thanks for your information. I will give them short shrift the next time they call. The latest is a person contacting me offering to help me get "compensation" from the SEC iro misselling of shares on the OTC (Pink sheets) market in USA. Has anyone ever heard of this or is it yet another scam, like offering substantial sums after you have signed a NDA and paid a "small" insurance bond ?
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Old Feb 11, 2010, 9:19pm   #11
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Re: Possible scams

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Originally Posted by Syd Thompson View Post
Thanks for your information. I will give them short shrift the next time they call. The latest is a person contacting me offering to help me get "compensation" from the SEC iro misselling of shares on the OTC (Pink sheets) market in USA. Has anyone ever heard of this or is it yet another scam, like offering substantial sums after you have signed a NDA and paid a "small" insurance bond ?

Its the advance fee part of the scam, they offer to sort it out but you pay them up front, then they disappear. Classic scam, dont even think about falling for it.
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Old Feb 12, 2010, 1:16am   #12
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Re: Possible scams

Quote:
Originally Posted by Syd Thompson View Post
The latest is a person contacting me offering to help me get "compensation" from the SEC iro misselling of shares on the OTC (Pink sheets) market in USA. Has anyone ever heard of this or is it yet another scam,
I wonder. Scam? Hmmm... Come on, can you really not work this out?
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Old Feb 12, 2010, 1:51am   #13
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Re: Possible scams

Quote:
Originally Posted by Xeno View Post
Since the birth of the universe, has the above situation ever NOT been a scam?

Just interested.
Not much more anyone needs to add to that.

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Old Nov 2, 2010, 1:47pm   #14
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Re: Possible scams

Do it - sounds a fantactic offer and one not to be missed

count me in as well ......i'll plough my fortunes made from Nigerian bank account deals made in last 5 years and i'll phone up my mate Ponzi

jees.........
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