Hi the above discussion is interesting but I've just been ripped off by a Boiler Room setup called 'Britannia Swiss Equities'. They sold me shares in a 'dodgy' company called 'BioDefense Corporation' in Boston. The Swiss people appeared legitimate (they had a website and gave an address in Zurich with a telephone number) but I indulged in several trades as they kept convincing me there was a sure fire profit. In my early trades at least I got some shares (probably worthless I now know) but I stupidly sent money for the last trade (£33,500.00) direct to a bank in Cyprus and heard no more about it - it was supposed to give a good deal on the dollar exchange. I see now their website has totally changed and shows a smiling girl instead of a more normal bank logo so presumably they have absconded with my money.
What I want to know is does anyone know this company and been ripped off by them? I assume the company has ripped off BioDefense Corp as well as they've kept the money instead of sharing it with them. Also is there any authority or body that might be worth approaching who could be useful to bring these people to justice or will they go on doing this for ever with impunity (FSA say they can't do much as it's outside the UK)?
i work for biodefense . i might be able to help you . contact me at us 1-917-239-2119