Boiler Room Scams

[gkb68]

Hi Ken,
I invested with Vitol Capital about 3 weeks ago with some HUV6 Unleaded Gas Options - due to expire 26th Sept. The co. I was contacted by dissapeared off the web & emails were bouncing back etc. I then joined trade2win to find out more & heard that I have probably been scammed. I'm currently investigating this.
Giles

 

[kenmajor]

Hi Rexpg
Can I speak with you direct?
Many thanks,
Ken

Hello Ken,
What do you make of the situation what have ATS said and what have oxbridge told you .Ihave had somebody look into this and ATSare where they say they are but their website is supposed to be a cheap version.Idont know how big they are .Have oxbridge given you a time scale and how many shares have you purchased.
cheers Rexpg

 

[shez]

Hi i also bought some options through vitol capital 2 weeks ago and i am trying to contact them and the web page isnt coming up and the phone number is saying message bank full have you heard anything AUSTRALIA

 

[gkb68]

Vitol capital

Hi i also bought some options through vitol capital 2 weeks ago and i am trying to contact them and the web page isnt coming up and the phone number is saying message bank full have you heard anything AUSTRALIA

Hi Shez,

I received a call from them yesterday stating server was down. They gave me a new URL of www.vitolcapitalinc.com (It works) New phone number given too: 12127101370. (Haven't tried it yet). Sounds a bit suss - why change phone numbers, emails & Web addresses??? The more research I do leads me to believe this is a scam. NYMEX don't recognise them. The intenx site is possibly a fake as well - although I'm not entirely sure. I've put a few thousand into this & am very worried. All the feedback I get from experienced traders is very concerning - most people I am speaking to seem to think it's a scam.
Sorry to be the bearer of this news. Send me a message through trade2win & I will elaborate more.

Good Luck, Speak soon.

 

[shez]

Hi its shez did you receive a receipt for buying the options because we never received one also tried that web address and cannot get on to it. please right back on any information you have also they are listed under NYMEX memebers thanks

 

[gkb68]

Hi its shez did you receive a receipt for buying the options because we never received one also tried that web address and cannot get on to it. please right back on any information you have also they are listed under NYMEX memebers thanks

Hi Shez,
No I didn't receive a receipt. The only proof of purchase is on the intenx site. Where did you pay your funds to? My funds went to Universal Trading in Hong Kong (Bank of China HK Ltd). This is worrying in itself. Vitol Capital are supposedly based in the UK, so why are my funds being directed to Hong Kong? Very dubious. I haven't challenged them yet. What individuals did you speak to? My contacts have been Steve Cooper, Kevin Hunt, Paul Davis or Toni Perez....
I contacted NYMEX to ascertain whether they could confirm the existence of my options. Their response was they didn't recognise the transaction. All bonafide transactions go via NYMEX apparently.
I'm very new to all of this & feel well out of my depth. Part of me really wants to believe it's not a scam - but I must listen to the advice given by others. In the cold light of day, there are too many abnormalities & strange occurences to make me feel comfortable. I really believe it's a scam. Advice given to me stated I should seek to get my money back. Sell the options, incurr whatever losses, just get out. It's been suggestd to me to contact the banking regulator in Hong Kong, Bank of China HK Ltd, ASIC (Australian Securities & Investments Commission) a governing body over here in Aus. Where are you based?
So much to chat about, & my fingers hurt - speak soon.
Regards Giles

 

[shez]

Hi Shez,
No I didn't receive a receipt. The only proof of purchase is on the intenx site. Where did you pay your funds to? My funds went to Universal Trading in Hong Kong (Bank of China HK Ltd). This is worrying in itself. Vitol Capital are supposedly based in the UK, so why are my funds being directed to Hong Kong? Very dubious. I haven't challenged them yet. What individuals did you speak to? My contacts have been Steve Cooper, Kevin Hunt, Paul Davis or Toni Perez....
I contacted NYMEX to ascertain whether they could confirm the existence of my options. Their response was they didn't recognise the transaction. All bonafide transactions go via NYMEX apparently.
I'm very new to all of this & feel well out of my depth. Part of me really wants to believe it's not a scam - but I must listen to the advice given by others. In the cold light of day, there are too many abnormalities & strange occurences to make me feel comfortable. I really believe it's a scam. Advice given to me stated I should seek to get my money back. Sell the options, incurr whatever losses, just get out. It's been suggestd to me to contact the banking regulator in Hong Kong, Bank of China HK Ltd, ASIC (Australian Securities & Investments Commission) a governing body over here in Aus. Where are you based?
So much to chat about, & my fingers hurt - speak soon.
Regards Giles

Hi Giles
We deposited to same bank account in Hong Kong, Universal trading we are the in the same position as you you dont want to beleive you have been scammed but i think we have, Micheal Thompson was the gentleman who was so considerate and rang every day to see how ae we going from Vitol Capital we also had a lady contact us this week from Vitol Capital who was telling Micheal had gone on holidays and she would be looking after us and was explaining how we could buy more, so did NYMEX actually say you have no prooth of purchasing any options, i have emailed NYMEX and yes i have checked the australian securities commission and there name is on the black list so it does not sound good but i will be contacting the australian securities commission and i will report them !!!!!! Keep in contact

 

[patglanville]

Oxbridge and ATS

I don't know how long Oxbridge have been going but I bought some Pegasus Wireless shares from them (only a few hundred pounds worth) at about $9. You can see the way they have gone as they are doing a capital refund due to a property sale. Pegasus are looking into the share ownership on the register. I got rid of my shares at $12 and used the proceeds to buy ATS. I did not put anymore money into this.
I cannot find information about timing on ATS Specialists IPO.
I don't know if I am being conned or if they are genuine, I guess I will find out when I try and cash the shares in or Oxbridge vanish.
I have an open mind on this but will not invest anymore money until I am convinced either way.

 

[rexpg]

I don't know how long Oxbridge have been going but I bought some Pegasus Wireless shares from them (only a few hundred pounds worth) at about $9. You can see the way they have gone as they are doing a capital refund due to a property sale. Pegasus are looking into the share ownership on the register. I got rid of my shares at $12 and used the proceeds to buy ATS. I did not put anymore money into this.
I cannot find information about timing on ATS Specialists IPO.
I don't know if I am being conned or if they are genuine, I guess I will find out when I try and cash the shares in or Oxbridge vanish.
I have an open mind on this but will not invest anymore money until I am convinced either way.

yes i am the same not convinced weather genuine or not.Ats do exist apparently i have spoken to them and somebody has checked with the landlord of the address they are at and they are there
.What have oxbridge told you when you contact them i hace had somebody checkandthey have not filed anything with the auhorities

rexpg

 

[kenmajor]

Ats

Guys,
Oxbridge targeted me and followed up with a brochure and telephone calls to invest in Kinross Gold which I did. I never received the certificates but Oxbridge sold the shares and recommended I now buy ATS Specialists and include the Kinross gain. My Oxbridge documentation shows office in Nevis W. Indies and I have spoken to other staff in this office. My funds were transmitted to a Cyprus bank. They tell me that ATS Specialists are to be taken over and that existing share owners can take another 3 shares per single owned. The expectation is that shares will rise to $24 within a couple of weeks. I emailed ATS but the reply was from Beckett Investor Relations which I have attached to this email. I don't know the relationship between Beckett and ATS. Another email from Beckett indicates that Oxbridge are reputable and in any case if I own ATS shares then I am on to a good thing (my words). However I have not yet received certificates and there is pressure to purchase further shares quickly.
Your comments welcome and hope attachment works.

 

[anley]

I don't know how long Oxbridge have been going but I bought some Pegasus Wireless shares from them (only a few hundred pounds worth) at about $9. You can see the way they have gone as they are doing a capital refund due to a property sale. Pegasus are looking into the share ownership on the register. I got rid of my shares at $12 and used the proceeds to buy ATS. I did not put anymore money into this.
I cannot find information about timing on ATS Specialists IPO.
I don't know if I am being conned or if they are genuine, I guess I will find out when I try and cash the shares in or Oxbridge vanish.
I have an open mind on this but will not invest anymore money until I am convinced either way.

Pat, trust me on this one you're being setup for a double con.

They let you make money on a few trades then say 'see aren't we hot, you can make real money with us so put up some more and you'll really be in the money'.

Trouble is you'll never see that money again.

Again TRUST ME ON THIS....

 

[anley]

Guys

ALL these 'brokers' are scamming scum.

If you send any money to them then it WILL BE STOLEN.

Oxbridge, Vito, Intenx (fake Exchange)

Please DO NOT INVEST IN ANYTHING YOU DON'T UNDERSTAND (futures & options especially).

If you spend 30-60 mins doing some research on the net you'll soon work out that all these 'brokers' are scams.

Yes, I'll admit that they are good, they have to be because they're making hundreds of millions a year from people who let their greed get in the way of common sense.

I know it's not easy to let them go, we all have greed within us but you have to. If you want to play the markets then only do so through a REGULATED broker based in your own country. AND - THIS IS VERY IMPORTANT - Make sure you call the broker at least once from their main switchboard number which you've either got from your Regulators homepage (FSA in the UK) or from someone you've spoken to at the Regulator.

If in doubt private message me or better yet post your suspicions on this board. But I'd bet with you that 99% of the time me or someone else will tell you SCAM.......

 

[bob350]

Hi shez and giles I am another that has been scammed by vitol capital and intenx they got me for 30k. I am looking into universal trading and its location in china. I think some of thes guys live in Australia I have a mobile number that I am chasing up. Can anyone out there help with info on these guys

 

[anley]

Bob, you won't find them and anyway and most of the top guys have bodyguards to protect them (one was even gunned down in Bangkok a few years ago, so these are the kinds of people you're dealing with).

You won't be able to sue them either because they have pretty much every base covered. As for their money, that's well hidden.

The Police won't be able to do anything because you were dealing with a 'broker' that wasn't based in your own country, you can now see why dealing with a regulated company is so critical because it gives you protection.

The only chance you have is to start talking to the banks who handled the money because maybe you can argue that they were involved in the theft by offering banking services.

 

[david.beatson]

has anyone info on Blackwell Capital Group and Pantera oil & gas

 

[anley]

has anyone info on Blackwell Capital Group and Pantera oil & gas

99% chance it's a scam. Fancy sounding name gives the game away.

And if they cold called you then it's 100% a scam.

And if they made it sound like there's easy money to be made then 101% a scam.

And if they're not based in your country AND regulated by your country's financial regulator then 102% chance it's a scam.

And if the salesmen were very good then the odds move to 103%.

And if the stock in question is traded under 'regulation something or other' then 104% it's a scam.

So basically it's a scam, either tell them to F.O or play with them a bit telling them you don't deal with small amounts of money because there's no point you making $5k or $10 profit, you always go for at least 6 figures. After a few calls and getting on nice with them tell them you're going to wire $150k. Then when it doesn't come make a small excuse up and tell them 'don't worry it's coming'. Play with them some more and then blame your accountant for talking you out of the deal because he advises you only deal with businessmen you don't know if you meet up first, then invite them to a meeting in your own country and take offence when they balk etc.

I only wish some of them would call me up.....

 

[Georgetcm]

Never under any circumstances buy shares if you are cold called especially if it is a European office you will regret it. the bigger the temptation, because they only play to our greed the more chance your getting ripped off.
georgetcm

 

[david.beatson]

as item 276 has any info on Damak Group based in St Lucia.

Thanks for advice replies to 276.

 

[kenmajor]

Thanks guys re. Oxbridge. You are of course correct. Further digging proves ATS Specialists and their website is a sham. The supposedly independant "investment services" is in cahoots and Oxbridge have made plenty of money and I guess will continue to do so. Good site I wish I had come across it earlier, as we all say.

 

[warrenw]

Hi shez and giles I am another that has been scammed by vitol capital and intenx they got me for 30k. I am looking into universal trading and its location in china. I think some of thes guys live in Australia I have a mobile number that I am chasing up. Can anyone out there help with info on these guys

I have had a series of calls from 3 different people claiming they are from Vitol Capital New York. Ist. Brad Goldman who conned me out of US 5,040 Then came along the General Manager John Cooper who was going to really look after me, tried to relieve me of $100,000. I told him no.
Today had Helen Hamilton review my correspondence, will do me a real favour,if I deposit $10,000 minimum by tomorrow, she will guarantee $4,600.00 for each option of $998.00 ($46,00 net profit). She is to call me tomorrow (Tue 19 Sept.)
I would love to nail these Ba###rds. They gave me email addresses but they bounce back. Do have a fax number that goes through. Their package comes with a Compliant Officer calling etc
warrenw