noneedforgreed
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Boiler Room Scams
- Thread starter Airthrey Capital
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whistler_man
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entrance
Yeah. That's the rear entrance. People that work in the building are usually outside smoking. After arriving at the 14th floor, their suite is right next to the lifts on the opposite side from that entrance. Looking out the window you are facing Buendia and Makati Ave.
Yeah. That's the rear entrance. People that work in the building are usually outside smoking. After arriving at the 14th floor, their suite is right next to the lifts on the opposite side from that entrance. Looking out the window you are facing Buendia and Makati Ave.
tallyfolly
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They contacted me today. They want to sell stocks from Petrodyne on account of an imminent IPO with Total. Watch out. Caller was a British guy who introduced himself as David.
I wont report my answer, suffice it to say that he said "he has never been spoken to so rudely" and hung up.:cheesy:
Megalodonjaws
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He wouldn't by any chance have a very deep, charismatic voice? :whistling
tallyfolly
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No. But he had the usual "this-is-logic-right?" approach.
Megalodonjaws
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haha I know what you mean
. I thought he might have been the same 'David' I encountered in my own scam story, but apparently this will be a different scumbag then...tallyfolly
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haha I know what you mean
Same sh*t, just different stock. I am just wiser now that I lost 5,000USD to a company called Alliance Direct Manager (ADM). Same banter as these guys, I did it on an impulse at the time. Not much, as I said, but my pride is really bruised. You think there is a change to get back at them?
By the way, watch out: ADM Alliance Direct Manager, name of the person Frank Pommella. At the time (3 and 1/2 years ago) they were selling ASTOR (Gold)
Megalodonjaws
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Install a recorder tool on your smartphone, give them a call, record their voices, and throw these assholes on the internet, spread their voices around with the story so people googling will find them and recognize them by voice. They really don't like that
. It's very easy for them to change company names, websites, Phone numbers to set up a new scam. But it's rather difficult to change your voice :cheesy:http://www.morganfa.com/
Wondering if these are Morgan Financial all over again with Peter Carlsen and the other Fraudster Ben Jackson?
Wondering if these are Morgan Financial all over again with Peter Carlsen and the other Fraudster Ben Jackson?
Thank you for your message
http://www.morganfa.com/
I wonder if these are fraudsters too, Morgan hit me a few years ago.
http://www.morganfa.com/
I wonder if these are fraudsters too, Morgan hit me a few years ago.
http://www.morganfa.com/
Thank you for your information, I have added this website it carries the same name as an outfit who defrauded me!
I am a victim of a scam too, it looks similar. Send me a note [email protected] and let's see if I can help you
Who to inform about Fraud
Victor POON
Detective Senior Inspector
Fraud Section 3A
Commercial Crime Bureau
Hong Kong Police Force
[email protected]
Victor POON
Detective Senior Inspector
Fraud Section 3A
Commercial Crime Bureau
Hong Kong Police Force
[email protected]
Empiricist
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Ultimate4Trading - the 21st Century Boiler Room
Speaking of Boiler Rooms, here is the next incarnation. the 21st Centurt version, done in the Internet!
Ultimate4Trading is a total SCAM so is EZTrader......BEWARE!!
I first found out about Ultimate4Trading via a an online pop up advert. As an experienced CFD, Equities and Options trader, I was of course very skeptical. So as to keep open minded, I decided to investigate the whole thing very thoroughly.
This is what I found......
I clicked through all the Ultimate4Trading marketing videos and saw several clean cut, post university kids being apparently genuine & even philantropic about their so called "algorithm". It all looked to simple and too easy. See video link below:
http://www.start-up365.net/Pages/Top10/Ultimate4Trading.php
I then clicked through and easily opened an account with Ultimate4Trading. AND that is where the fairytale ended!
Within minutes, I received a call from a sales person at EZTrader, supposedly in London but actually in Israel).
For some unfathomable reason, Ultimate4Trading have decided to link their "algorithm" with a so called "regulated' dodgy broker that is domiciled in Cyprus?
WGM Services, the parent company of EZtrader has had numerous serious fines (EURO 340,000+) imposed on them by the Cyprus regulator recently and has also had their license revoked (see links below).
https://leaprate.com/2015/03/cypriot-regulator-imposes-eur-10000-fine-on-wgm-services/
https://leaprate.com/2014/11/cysec-suspends-cif-license-of-binary-options-broker-eztrader-com/
https://leaprate.com/2015/11/cysecs...fines-to-ufx-eztrader-interactiveoption-fxgm/
There is so much bad press and commentary about EZTrader!
Market Maker / Bucket Shops like EZTrader would not see the light of day in a decently regulated city like Singapore, London or New York.
After numerous emails and phone calls from EZtrader, I had the following confirmed to me (meanwhile they kept increasing their bonus offer from Euro 750 to Euro 1,000 for me to open and fund an account with them),
1. Client Funds (your money) are not held in segregated client accounts in the clients name.
2. All deposited funds are held in a pooled account in the brokers name, in Germany!
3. EZTrader make it almost impossible to withdraw your funds at any time after you deposit as they mix bonuses with your funds, which you cannot withdraw.
If the parent company WGM Services or EZTrader are shut down or go under for any reason, or simply decide to close, it is KYMG! KISS YOUR MONEY GOODBYE! Try complaining to a regulator in Cyprus about a company operating in London, with their IT backbone in Israel, about your money in their name in some German bank account. Mien Got!
While the founders of Ultimate4Trading seem honest and well intentioned, their choice of broker and trading instrument says otherwise.
The so called Ultimate4Trading "Algorithm" only works for Binary Options trading in a short time frame. The fact of the matter is that Binary options are never traded, placed or executed into a real market or exchange. Brokers like EZTrader always take the other side of your trade. Binary Options trades are fictitious. They are made up by the broker. Whether you win or lose is purely up to the broker, just like a poker / slot machine. The only "algorithm " involved, is the program that runs the fake trading platform. For those that are skeptical regarding this point, you will note that there are no quoted BID or OFFER prices, no option strike prices and no execution or fill prices. This is because your are 100% trading against the broker all the time! Mysteriously, every single trade (and I tested 100's) either results in a 100% LOSS or a 72% WIN or occasionally a TIE. If any of these trades were actually placed into a real market or options exchange such fixed results would be impossible. And they are.
EZTrader do not charge fees or commissions per trade. Instead they make a fortune from all the losses on your account, which is already held in their name. This is a classic churn and burn scam. Heres why.....of the 100 trades I tested, 56% resulted in a WIN with a fixed 72% return per trade. 41% resulted in a LOSE with a fixed 100% loss of all capital per trade. 3% resulted in a TIE with a zero outcome. Lots of CHURN and a very slow, long and painful BURN!
Just like a Poker or Slot machine, if you keep plugging away, you will eventually lose all your money. As the fixed LOSS of 100% per losing trade always exceeds the fixed profit of 72% per winning trade. The planning and psychology behind this system is mind boggling. The slick hyper honest marketing sucks you in, the platform gets you hooked and EZTrader makes it almost impossible to withdraw your funds whether you are in profit or loss. And when you do lose all your funds, they then incentivise you to lose even more money with further bonus incentives. Now that is what I call an "algorithm".
It would be very interesting to hear what the four founders of Ultimate4Trading (Abbey Walker-Jones, Matty Voss, John Cross and Ash Patel) would have to say about all this. However, it is impossible to contact them. There are no phone numbers on their website and they never answer any messages sent to any of their listed email addresses. Perhaps then we could find out how much commission EZTrader pays them from their clients losses? Is there an "algorithm" for that?
Then of course, I later discovered the identical claims by both a French & Italian website which are both identical to ultimte4trading.
www.preditrend.com
www.trading30elode.com
See the identical French, English & Italian teams below.
STEER CLEAR or KYMG.
The Empiricist - Jan 2016
Speaking of Boiler Rooms, here is the next incarnation. the 21st Centurt version, done in the Internet!
Ultimate4Trading is a total SCAM so is EZTrader......BEWARE!!
I first found out about Ultimate4Trading via a an online pop up advert. As an experienced CFD, Equities and Options trader, I was of course very skeptical. So as to keep open minded, I decided to investigate the whole thing very thoroughly.
This is what I found......
I clicked through all the Ultimate4Trading marketing videos and saw several clean cut, post university kids being apparently genuine & even philantropic about their so called "algorithm". It all looked to simple and too easy. See video link below:
http://www.start-up365.net/Pages/Top10/Ultimate4Trading.php
I then clicked through and easily opened an account with Ultimate4Trading. AND that is where the fairytale ended!
Within minutes, I received a call from a sales person at EZTrader, supposedly in London but actually in Israel).
For some unfathomable reason, Ultimate4Trading have decided to link their "algorithm" with a so called "regulated' dodgy broker that is domiciled in Cyprus?
WGM Services, the parent company of EZtrader has had numerous serious fines (EURO 340,000+) imposed on them by the Cyprus regulator recently and has also had their license revoked (see links below).
https://leaprate.com/2015/03/cypriot-regulator-imposes-eur-10000-fine-on-wgm-services/
https://leaprate.com/2014/11/cysec-suspends-cif-license-of-binary-options-broker-eztrader-com/
https://leaprate.com/2015/11/cysecs...fines-to-ufx-eztrader-interactiveoption-fxgm/
There is so much bad press and commentary about EZTrader!
Market Maker / Bucket Shops like EZTrader would not see the light of day in a decently regulated city like Singapore, London or New York.
After numerous emails and phone calls from EZtrader, I had the following confirmed to me (meanwhile they kept increasing their bonus offer from Euro 750 to Euro 1,000 for me to open and fund an account with them),
1. Client Funds (your money) are not held in segregated client accounts in the clients name.
2. All deposited funds are held in a pooled account in the brokers name, in Germany!
3. EZTrader make it almost impossible to withdraw your funds at any time after you deposit as they mix bonuses with your funds, which you cannot withdraw.
If the parent company WGM Services or EZTrader are shut down or go under for any reason, or simply decide to close, it is KYMG! KISS YOUR MONEY GOODBYE! Try complaining to a regulator in Cyprus about a company operating in London, with their IT backbone in Israel, about your money in their name in some German bank account. Mien Got!
While the founders of Ultimate4Trading seem honest and well intentioned, their choice of broker and trading instrument says otherwise.
The so called Ultimate4Trading "Algorithm" only works for Binary Options trading in a short time frame. The fact of the matter is that Binary options are never traded, placed or executed into a real market or exchange. Brokers like EZTrader always take the other side of your trade. Binary Options trades are fictitious. They are made up by the broker. Whether you win or lose is purely up to the broker, just like a poker / slot machine. The only "algorithm " involved, is the program that runs the fake trading platform. For those that are skeptical regarding this point, you will note that there are no quoted BID or OFFER prices, no option strike prices and no execution or fill prices. This is because your are 100% trading against the broker all the time! Mysteriously, every single trade (and I tested 100's) either results in a 100% LOSS or a 72% WIN or occasionally a TIE. If any of these trades were actually placed into a real market or options exchange such fixed results would be impossible. And they are.
EZTrader do not charge fees or commissions per trade. Instead they make a fortune from all the losses on your account, which is already held in their name. This is a classic churn and burn scam. Heres why.....of the 100 trades I tested, 56% resulted in a WIN with a fixed 72% return per trade. 41% resulted in a LOSE with a fixed 100% loss of all capital per trade. 3% resulted in a TIE with a zero outcome. Lots of CHURN and a very slow, long and painful BURN!
Just like a Poker or Slot machine, if you keep plugging away, you will eventually lose all your money. As the fixed LOSS of 100% per losing trade always exceeds the fixed profit of 72% per winning trade. The planning and psychology behind this system is mind boggling. The slick hyper honest marketing sucks you in, the platform gets you hooked and EZTrader makes it almost impossible to withdraw your funds whether you are in profit or loss. And when you do lose all your funds, they then incentivise you to lose even more money with further bonus incentives. Now that is what I call an "algorithm".
It would be very interesting to hear what the four founders of Ultimate4Trading (Abbey Walker-Jones, Matty Voss, John Cross and Ash Patel) would have to say about all this. However, it is impossible to contact them. There are no phone numbers on their website and they never answer any messages sent to any of their listed email addresses. Perhaps then we could find out how much commission EZTrader pays them from their clients losses? Is there an "algorithm" for that?
Then of course, I later discovered the identical claims by both a French & Italian website which are both identical to ultimte4trading.
www.preditrend.com
www.trading30elode.com
See the identical French, English & Italian teams below.
STEER CLEAR or KYMG.
The Empiricist - Jan 2016
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whistler_man
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Maybe it's time the BR owners pay a tax. . . LOL
Macintyres Underworld The Taxman Full Version
Really . . .Why not?
Macintyres Underworld The Taxman Full Version
Really . . .Why not?
Had a call this morning from 0203 769 3634 - a company called "Choice Option". It was from a woman who called me "love" and "darling" and told me she was in a hurry as she had to get back to the trading floor to make money for clients (didn't know binary options were floor traded!). She offered returns of 5-30% PER MONTH, with my capital guaranteed. She told me the company was authorised (it isn't).
Best avoided i think.
Best avoided i think.
I was duped into buying shares in Paragon GPS in 2011 and since by Thomas Guirriero of Oxford City FC into doing the same. The latter has had negative issues with the SEC since.
I have had numerous calls from parties trying to acquire these shares but requiring up front payments for a variety of reasons from purchasing other shares at a discount (?) to so called FDIC agents and lately from a company called Bacall and Associates asking me to pay a US revenue fee do derestrict the shares before they would sell them. Are many others facing these requests?
I have had numerous calls from parties trying to acquire these shares but requiring up front payments for a variety of reasons from purchasing other shares at a discount (?) to so called FDIC agents and lately from a company called Bacall and Associates asking me to pay a US revenue fee do derestrict the shares before they would sell them. Are many others facing these requests?
whistler_man
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It's just another scam. Once you buy worthless shares you will get calls about REG-S 144 stock and paying to un-restrict them. Don't entertain these idiots. I know a few of them and they are some of the lowest scumbags as they didn't have the "talent" to open new accounts, merely slop loading and other follow up scams.
