Boiler Room Scams

Thai and foreigners arrested for running telephone investment scam | Bangkok Post: news


Four foreigners and two Thais were arrested at a house in Bangkok's Bang Na district on Wednesday for allegedly running a telephone investment scam.

Metropolitan Police Division 2 officers with a warrant searched a four-storey house in Plus Park Avenue housing estate on Sukhumvit 105 Road.

Police had received a tip-off that foreigners were running an illegal business there.
 
Andrew Drummond: About

Andrew Drummond is a British independent journalist and occasional television documentary maker based out of Bangkok and covering Thailand and South East Asia.

He currently serves a wide range of newspapers and broadcasters throughout the world.

He is a former Fleet Street, London, journalist having worked in house at the Evening Standard, Daily Mail, Mail on Sunday, News of the World, Observer and The Times.

Specialising in investigations he has also worked on assignments throughout Europe, and in the United States, South America, Africa, China, Indonesia, Korea, Malaysia, Vietnam, Cambodia, Australia, Africa, the South Pacific and Central Asia.
 
ste1602 said:
Hi

I have just recently invested in Black Hawk Mines Corp on the advise of Frank Marshall Charles pearson Investments. I tried to research the company and could find no negatives, then for some reason I included the word Scam and hit upon this audit trail.

I now feel pretty stupid and although not hit too hard finacially pride wants me to act. I have read somewhere int the trail that we can freeze the accounts, I realise I will never see my money again but I want to put a stop to this B'ST*D.

Any advise would be tuely welcome.
Click to expand...

Hi Ste1602,
You submitted the above post way back when and only got one response advising you about Mareva letter etc . . you have not posted again.
I was also scammed by CPearsoninvi and spoke to Frank Marshall on a few occasions, although he claimed to be the P.A. of Peter Conran (who was my 'financial advisor'). Unfortunately they wiped me out . . I have lost a huge sum of money and am now broke . . only a small amount of my 'investment' was in Blackhawk but it was the last bit I had.
If you read this post could you please respond detailing if you were able to make any progress in your mission, we could compare notes and perhaps might be able to find out more about those scammers
 
macsitna said:
Hi Ste1602,
You submitted the above post way back when and only got one response advising you about Mareva letter etc . . you have not posted again.
I was also scammed by CPearsoninvi and spoke to Frank Marshall on a few occasions, although he claimed to be the P.A. of Peter Conran (who was my 'financial advisor'). Unfortunately they wiped me out . . I have lost a huge sum of money and am now broke . . only a small amount of my 'investment' was in Blackhawk but it was the last bit I had.
If you read this post could you please respond detailing if you were able to make any progress in your mission, we could compare notes and perhaps might be able to find out more about those scammers
Click to expand...

Tell the Police, here:- Internet crime bureau in Hong Kong is [email protected],
 
Mr Brown said:
Anybody know if International Strategic Ventures SA a fraud? I bought some shares from a company some time back and the contact person has been unreachable for 1.5 years. I gave up contacting them but I recently got the following offer from another company ISV. I asked how they know my exact holdings /contact details and they said it is listed in the database.

Here is the email:

Dear Mr XXXXXX,
With regard to our most recent telephone discussion, 24th May, allow me to clarify exactly what we will do for you as a client of International Strategic Ventures (ISV.) The following information applies only to clients of ISV. At ISV we have contracted with a publicly traded U.S. company to deliver two million (2,000,000) shares of Eldora Gold (ER5.F) at a price of $1.15 per share. To guarantee payment for all shares, an escrow account holding $2,300,000 has been established at Citibank in New York. The $1.15 offer makes your present holdings worth $XXXXXX. In your situation Mr. XXXXXX, we are recommending the purchase of 2,000 shares of Nike, Inc. (NKE) at the most recent price of $61.60 per share (as at 9:40 AM EDST in New York,) equal to $XXXXXX. With your credit of $XXXXXX for your XXXXXX shares of Eldora Gold, the cost to you will be only $XX,XXX.
Please remember we are helping relieve you of the burden of non-trading shares of Eldora Gold while at the same time adding Nike, Inc. to your portfolio with a true and tradable value of $XXXXXX.


Sincerely,
Dr. PXXXX EXXXX
Trade Director
International Strategic Ventures SA
Piazza Citta di Lombardia 1
Milan 20124
Italy

Tel. : 39 02 94XX 0296
Fax : 39 02 95XX 1206

[email protected]
International Strategic Ventures SA
Click to expand...

Eldora Gold is a FRAUD
Has been around for some time now.
Bloomberg gives No Results for ER5.F
Check it out yourself
Keep Your Money.
 
Mr Brown said:
Anybody know if International Strategic Ventures SA a fraud? I bought some shares from a company some time back and the contact person has been unreachable for 1.5 years. I gave up contacting them but I recently got the following offer from another company ISV. I asked how they know my exact holdings /contact details and they said it is listed in the database.

Here is the email:

Dear Mr XXXXXX,
With regard to our most recent telephone discussion, 24th May, allow me to clarify exactly what we will do for you as a client of International Strategic Ventures (ISV.) The following information applies only to clients of ISV. At ISV we have contracted with a publicly traded U.S. company to deliver two million (2,000,000) shares of Eldora Gold (ER5.F) at a price of $1.15 per share. To guarantee payment for all shares, an escrow account holding $2,300,000 has been established at Citibank in New York. The $1.15 offer makes your present holdings worth $XXXXXX. In your situation Mr. XXXXXX, we are recommending the purchase of 2,000 shares of Nike, Inc. (NKE) at the most recent price of $61.60 per share (as at 9:40 AM EDST in New York,) equal to $XXXXXX. With your credit of $XXXXXX for your XXXXXX shares of Eldora Gold, the cost to you will be only $XX,XXX.
Please remember we are helping relieve you of the burden of non-trading shares of Eldora Gold while at the same time adding Nike, Inc. to your portfolio with a true and tradable value of $XXXXXX.


Sincerely,
Dr. PXXXX EXXXX
Trade Director
International Strategic Ventures SA
Piazza Citta di Lombardia 1
Milan 20124
Italy

Tel. : 39 02 94XX 0296
Fax : 39 02 95XX 1206

[email protected]
International Strategic Ventures SA
Click to expand...

Can you tell us the name of the company who originally arranged your Eldora Gold investment/who you have been unable to contact for 1.5 years? Since recently being contacted by 'ISV' have you been contacted by phone and actually spoken to someone there eg. pXXXXeXXXX? If so, can you say what is the likely Nationality of that person and could you describe their voice? Have you spoken to them on the phone after dialling their telephone number?
 
macsitna said:
Can you tell us the name of the company who originally arranged your Eldora Gold investment/who you have been unable to contact for 1.5 years? Since recently being contacted by 'ISV' have you been contacted by phone and actually spoken to someone there eg. pXXXXeXXXX? If so, can you say what is the likely Nationality of that person and could you describe their voice? Have you spoken to them on the phone after dialling their telephone number?
Click to expand...

The company I bought the shares was Sphinx Asia Ltd.
The person from ISV who contacted me through phone twice (before this email) said he is from Italy. I dont really have any friends of that nationality but he does sound like one to me. He has a rough voice. I tried calling the phone no. provided but it is on voice mail saying out of office hour (as my work requires me to travel a lot and working on a different time zone).
 
blackwatch said:
Eldora Gold is a FRAUD
Has been around for some time now.
Bloomberg gives No Results for ER5.F
Check it out yourself
Keep Your Money.
Click to expand...


FRAUD!!! the best advice I can give to you is to report this incident to the Police and the Action Fraud team.
 
roy pell said:
Thank you for the info, I assume that they are scammers:D
Click to expand...

Stay well clear of anyone that offers you investment 'opportunities', their sole aim is to either make commission off you or in some cases simply steal your money and disappear.

If you want to make money I'm afraid you'll have to work for it. Anyone that tells you otherwise is just selling you a dream.
 
Tobyjug said:
Andrew Drummond: About

Andrew Drummond is a British independent journalist and occasional television documentary maker based out of Bangkok and covering Thailand and South East Asia.

He currently serves a wide range of newspapers and broadcasters throughout the world.

He is a former Fleet Street, London, journalist having worked in house at the Evening Standard, Daily Mail, Mail on Sunday, News of the World, Observer and The Times.

Specialising in investigations he has also worked on assignments throughout Europe, and in the United States, South America, Africa, China, Indonesia, Korea, Malaysia, Vietnam, Cambodia, Australia, Africa, the South Pacific and Central Asia.
Click to expand...

Hi Tobyjug,
What is the significance of/why have you posted about . . Andrew Drummond, investigative journalist?
 
pboyles said:
Stay well clear of anyone that offers you investment 'opportunities', their sole aim is to either make commission off you or in some cases simply steal your money and disappear.

If you want to make money I'm afraid you'll have to work for it. Anyone that tells you otherwise is just selling you a dream.
Click to expand...

At my age I should have known better. I do send money to the Philippines & have
no regrets. I certainly worked hard, was caught in a trap & now both my self &,
more importantly, the poor will get a little less help
 
You must log in or register to reply here.

Similar threads

P
38,000 names on boiler room scam list
Replies
4
Views
5K
shadowninja
shadowninja
W
Boiler Room Scams - Now for the next one!
2
Replies
21
Views
5K
matswest
M
S
Boiler rooms and scammers.
2 3
Replies
56
Views
21K
kenmar 1952
K
P
boiler room scams
Replies
11
Views
3K
anley
A
P
Hong Kong Financial Trading Authority
Replies
5
Views
4K
pboyles
P
Top