Boiler Room Scams

Jul 5, 2005
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willington
#61
mphancock said:
Possibly another one to add - Global Administrative Providers Inc. Their emerging Equity Group is based in Barcelona - he he.
Offering today is "GeneThera Inc" - who are listed on Nasdaq.
Any one else been tapped up?
Have stupidly agreed to buy some shares in Remington Ventures and money is supposed to be sent to Global Administrative providers but We are not sending any.
 
Jun 30, 2005
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Tamworth
#62
nmason1968 said:
Do you think you will get chased for payment as a similar thing has happened to me. Do the shares actually get bought do you know?
Hope not, told them on the 1st July that I wasn't interested, they haven't been in touch since, anyway, they can chase as much as they like, they aren't getting a penny. Shame....
 

Effkay

Active member
Oct 14, 2004
299
2
28
London
www.effkay.com
#64
Anyone heard of Ridgewood Capital? They're trying to sell me an IPO for 10p 'that will definitely float for between 50 and 20p, and the only risk is that if they don't float I get my money back'.

Too good to be true I say!
 

anley

Well-known member
Dec 16, 2003
2,730
229
73
#66
Can I please give everyone here some advice.

If you are cold-called by a brokerage company and they are NOT FSA registered (call the FSA for confirmation and also call the company in question on their main number switchboard) then I can guarantee 100% that you WILL LOSE ALL YOUR MONEY.

There is therefore no point in posting a question like;

'has anyone been called by ABC company offering XYZ corp, is the broker ok and is XYZ worth investing in?'

because I have just answered your question.

It's always going to be a scam and they're preying on the fact that you're both stupid and greedy as kerry has just found out.

Sorry to be cruel Kerry but you only have yourself to blame so make sure you learn from this mistake.
 
Jul 7, 2005
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manchester
#67
Gci Financial Avoid

Gci Financial Ltd Based In Belize

Do Not Trade With This Broker

They Appear On The Net As A Genuine Brokerage House

I Was Fleeced Out Of All My Money With Them

They Tampered With My Positions

As Well As Not Sticking To The Agreement Of Premium Charged Overnight

If You Read This Do Not Trade With Them They Will Take All Your Money And Give You Nothing In Return

They Are Not Associated With Any Exchange They Simply Tamper With Your Positions To Solely Get Your Money

If You Invest Money With Gci I Strongly Advise You Not To It May Look Like Good Margin Rates But They Are Not Authorised To Deal In Forex Or Equities

Also They Were Revoked Their Trading Licence From The S.e.c. In The Usa For Illegal Trading Practices

Take Heed Of My Warning And Pass It On
 

anley

Well-known member
Dec 16, 2003
2,730
229
73
#68
By the way my last post was not directed at Effkay, he has at least seen sense to realise that 'it's too good to be true'

PS. Can anyone confirm that FSA regulated firms are not allowed to cold-call. I think this is the case.

If so the rule becomes even more simple,

IF YOU ARE COLD CALLED OFFERING ANY INVESTMENT THEN ANY MONEY YOU INVEST WILL BE STOLEN FROM YOU BECAUSE YOU ARE DEALING WITH THIEVES MASQUERADING AS BUSINESSMEN/BROKERS.

And companies like Lynx commodities are a classic example of this, regulated by a fake regulator and their management teams bios are copy/pasted from Gain Capitals website.
 
May 26, 2003
370
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Scotland
#69
kerrys porsches said:
LYNX COMMODITIES Boiler room scam

www.LYNXCOMMODITIES.COM


Has anyone else been burnt or had calls from lynx futures, or am i the only one who has been duped here by them.

KP,

I took the liberty of looking at your post and investigating further. I am sorry if you have been duped by these people (you should post what your experiences were)....however, this is absolutely hilarious. Their website, particularly re. the management's background is complete and utter BS.

Just take a look at their website, and compare it to Gain Capital's.

See any similarities?....Laughable!

http://www.lynxcommodities.com/executive-team.htm

http://www.gaincapital.com/company_management.html.
 

anley

Well-known member
Dec 16, 2003
2,730
229
73
#70
Airthrey

We're on the same wavelenght!

I'll bet that the Lynx Commodities website gets closed down in the next month, to be replaced by another similar one with a different name, then when people suss that one it changes again and again.

Wash, spin, steal, wash, spin, steal, repeat, repeat, repeat.

This will go on till the planet ends, greedy and stupid people are born every second..........
 
May 26, 2003
370
14
28
Scotland
#71
Lynx CEO..........Mark Grader
Gain Capital CEO.....Mark Galant

Lynx MD....Glenn Simpson
Gain Capital MD.....Glenn Stevens

Lynx VP, Business Technology....Chris Calhurst
Gain Capital VP, Business Technology....Chris Calhoun

Lynx VP, Risk Management....Thomas Barton
Gain Capital VP, Risk Management.......Thomas Baxter

Lynx VP, Client Services.....Robert Monte
Gain Capital VP, client services...Robert Monteleone

ETC...ETC...ETC....

They all have the same first names, but have changed surnames (with same initial)...All have the same bios.!

Pretty (un) sophisticated stuff!
 

anley

Well-known member
Dec 16, 2003
2,730
229
73
#72
Get thinking people when you want to check things out. You have all the power you need right at your keyboard.

Sussing that Lynx was a scam took me about 2 mins, same I bet with Airthrey.

You don't just have to use Google to search for 1,2, or 3 word combos like 'cheap holidays' or 'cfd brokers' etc.

You can put paragraphs or more into the search box so can easily find if someone is copy/pasting whole parts of a website.
 
Jul 18, 2005
3
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bristol
#73
Justice League said:
Another boiler room operation to look out for is one called Grayson House, www.grayson-house.com, they are plugging a company called Immune Tree in America. Looks like same operation as Langley Advisory Services AG, with similar address and phone numbers, and it happens to be on the FSA black list
The are also trying to plug :private Trading Systems, Inc, via a very slick cool and clever spoken operator