Boiler Room Scams

Hello Ken My husband & I too have Ats shares and was wondering if you have heard anything more from them. My e-mails to all their e-mail address's are being returned states inbox too full, telephone is the same just takes you around in circles to several menus. Never get an answer. I have also read on several threads on T2W that they are a boiler room scam. Please let me know it you have had any luck with them since your letter from Becketts. I have got share certificates since Jan 2006, but who knows if their are worth anything. Thank you Ken Scorpio11 :confused:

scorpio,

Your sounding in denial, I know its not what you want to hear but you have been scammed. Thats it, they are not worth anything at all. It never amazes me that people believe the scammers and will part with their money they can afford to lose, but then ignore others that give their information for free. Maybe if I were to charge you for my info you might actually believe me, most of all, believe in yourself and give up hopeing the scammers will help you out. Your present attitude could possibly get you stung again as you are sounding extremely vunerable. Get angry then let it go.


If it makes you feel better, I will tell you that everything is fine and you haven't been ripped off. From this point on you now need to find a buyer for your shares. This is the part you will find virtually impossible as they dont exist and are only paper prints that are made up. I say virtually impossible, the scammers will buy them back off you but will want you to part with cash first, they will then not pay you the money and you get stung twice.

Have a go at selling them, see how you get on. This will bring home the truth that I and others have been trying to drum home to you.
 
Just when I thought I was free from another boller room, low and behold another go give me a call. :mad: This time from the U.S. I only caught part of the name, it was Rockwell (don't know the other part) Brokers and they would like to sell me some shares. Guess what? After a lot of arm twisting from the caller I eventually said.... 'I'll give it a pass because I have no money'. Conversation ended.
 
Just when I thought I was free from another boller room, low and behold another go give me a call. :mad: This time from the U.S. I only caught part of the name, it was Rockwell (don't know the other part) Brokers and they would like to sell me some shares. Guess what? After a lot of arm twisting from the caller I eventually said.... 'I'll give it a pass because I have no money'. Conversation ended.


The name doesn't matter, as soon as the name gets a bad one or becomes well known enough to effect their business, they just go and change it.

Well done in telling them no, be quicker on the phone next time, you never know, they may even talk you into it.

As for anyone else, dont buy from cold callers over the phone.
 
After having millions of phone calls from these guys. I think they're going to find it harder to part with my money. Maybe next time i'll do a reverse wind-up call they phone next time or waste their phone bill?:cheesy:

I've sometimes left the receiver on the desk and let them talk while I get on with something else. Could we find out who receives the longest uninterrupted spiel before getting to "Hello? Hello?"
 
I've sometimes left the receiver on the desk and let them talk while I get on with something else. Could we find out who receives the longest uninterrupted spiel before getting to "Hello? Hello?"


As fun as it can seem to someone who is extremely bored with nothing else to do....just hang up.

Pay these people no minds, hang up and get back to what you were doing, if you beleive for just one moment that they dont do the same your mistaken. They do this all the time, they ring off and say 'w4nker' then straight on to the next potential punter. In the meantime, it would seem that the experience would last for many hours of you wasting brainpower thinking about it, wasting more time talking about it.

Just hangup. Your only wasting your time, your ultimately attempting to waste theirs but theirs more of them than there are of you. Remember, they have your number, unlesss you like answering the phone at 3 am in the morning then fairplay to ya, keep wasting their time. These aren't cuddly callers at a call centre that may get fired for ringing you constantly cos they have nothing better to do. Ultimately you would have to change your number and maybe even your address if you were ever sucessfull at p1ssing one of them off, still, who's the real winner here?


Pay no money, pay no minds.
 
As fun as it can seem to someone who is extremely bored with nothing else to do....just hang up.

Pay these people no minds, hang up and get back to what you were doing, if you beleive for just one moment that they dont do the same your mistaken. They do this all the time, they ring off and say 'w4nker' then straight on to the next potential punter. In the meantime, it would seem that the experience would last for many hours of you wasting brainpower thinking about it, wasting more time talking about it.

Just hangup. Your only wasting your time, your ultimately attempting to waste theirs but theirs more of them than there are of you. Remember, they have your number, unlesss you like answering the phone at 3 am in the morning then fairplay to ya, keep wasting their time. These aren't cuddly callers at a call centre that may get fired for ringing you constantly cos they have nothing better to do. Ultimately you would have to change your number and maybe even your address if you were ever sucessfull at p1ssing one of them off, still, who's the real winner here?


Pay no money, pay no minds.

Thank you for your considered reply. I must have found a way of dealing with them because the regular calls stopped about a year and a half ago.

Obviously they must've irked your goodself even more. Whyever did you get so many calls?

Must keep my reply short and limit the brainpower and talktime spent. Thanks for the advice.
 
Have any of these people ever been brought to justice as a result of action taken on behalf of anyone here?
Just got off the phone to my Dad, he is going to contact the SEC and the FBI in the states with names, addresses and phone numbers etc, details of the wire transfer he made for the de-registering of some shares and see if anything can be made from it.
He was conned for a few hundred pounds and thinks himself to have got off quite lightly compared to some, but he still wants his money back and can be quite determined at times.

second thing, any chance of an updated list from the FSA. I don't really know where to start asking other than here.
 
scorpio,

Your sounding in denial, I know its not what you want to hear but you have been scammed. Thats it, they are not worth anything at all. It never amazes me that people believe the scammers and will part with their money they can afford to lose, but then ignore others that give their information for free. Maybe if I were to charge you for my info you might actually believe me, most of all, believe in yourself and give up hopeing the scammers will help you out. Your present attitude could possibly get you stung again as you are sounding extremely vunerable. Get angry then let it go.


If it makes you feel better, I will tell you that everything is fine and you haven't been ripped off. From this point on you now need to find a buyer for your shares. This is the part you will find virtually impossible as they dont exist and are only paper prints that are made up. I say virtually impossible, the scammers will buy them back off you but will want you to part with cash first, they will then not pay you the money and you get stung twice.

Have a go at selling them, see how you get on. This will bring home the truth that I and others have been trying to drum home to you.

Hello Lee thank you again for your sound advice. I am not in denial at all. £40000 is a lot of money for someone to run off with and we most certainly couldn't afford to loose it I couldn't just roll over and die. I was looking for some evidence that ATS Specialists are a scam, I know I am not the only share holder in ATS. I was hoping other share holders could give me proof one way or the other. I did read a letter to Ken Major from Becketts on behalf of ATS and it didn't sound like a scam to me. What did you think of it??
How positive are you Lee? Sorry if I sound like a doubting Thomas
You have suggested that I should try and sell these shares, please can you tell me where do I go to do this as ATS are not on the market as yet. You are the only one that has so kindly told me that ATS is a scam, who are the others that have been trying to drum this home to me?
Oxbridge International have been getting bad press and now seem to have vanished.
I'm sorry if I am sounding vulnerable, I am not, My husband has learnt his lesson and I will make sure he never buys shares via anyone cold calling again. I would like to take this opportunity to thank you Lee for your help and kind advice it is very much appreciated. Scorpio11:innocent:
 
Hello Lee thank you again for your sound advice. I am not in denial at all. :!:£40000 is a lot of money for someone to run off with and we most certainly couldn't afford to loose it :!:I couldn't just roll over and die. I was looking for some evidence that ATS Specialists are a scam, I know I am not the only share holder in ATS. I was hoping other share holders could give me proof one way or the other. I did read a letter to Ken Major from Becketts on behalf of ATS and it didn't sound like a scam to me. What did you think of it??
How positive are you Lee? Sorry if I sound like a doubting Thomas
You have suggested that I should try and sell these shares, please can you tell me where do I go to do this as ATS are not on the market as yet. You are the only one that has so kindly told me that ATS is a scam, who are the others that have been trying to drum this home to me?
Oxbridge International have been getting bad press and now seem to have vanished.
I'm sorry if I am sounding vulnerable, I am not, My husband has learnt his lesson and I will make sure he never buys shares via anyone cold calling again. I would like to take this opportunity to thank you Lee for your help and kind advice it is very much appreciated. Scorpio11:innocent:


Hi scorpio,

:!:I'll cover this first for all others:

Never play/gamble/invest or risk more than you can comfortably afford to lose.


O.k, you want proof that they are a scam, this includes the 'company' you bought from and the 'company' you bought in:

Right, I cant give you proof that they are a scam but simply a process/conclusion by elimination. This is the bit you'll like to hear if you read it incorrectly. Read on then see for yourself, this is the bit you wont like if you attempt to do it.


Any company that exists you can find, any company you buy shares in exist, niether of yours dont but with the slight exception of Oxbridge International, I have provided you with info on these scammers before, check through the posts you have made and there will be one from me highlighting Oxbridge International and the fact they scam people for a living and the FSA in England warned us back in 2005.

Now ask yourself this question:
Oxbridge interational scam people, I wonder if for some strange reason they liked my husband and actually sold him real shares?

O.k, so maybe they got kind and sold you real share's, stranger things have happened.

Now ask yourself this question:
ATS has no book value, they dont have a worth and if I do my research into this company I will find they are a shell and are simply worth zero. Of course you have to do the research in the company first, this should have obviously been done before throwing a lovely 40k into the hands of well known scammers. This works the same way as me now setting up a limite company and aksing you to invest, nothing wrong with that but unless I'm a company that is going places and not simply living off the proceeds, this is how a shell operates until the money has been spent then you rap it up and open up another company doing the same.


If you wish to skip questions 1 and 2, and it wouldn't surprise me, after all, no research has been done into either 'company' so far, please dont say it has for embarrasing yourself, you wouldn't be asking these questions on an internet chat site if you had, but like I say, if you do wish to skip 1 and 2 then go to question 3.

Now ask yourself this:
I want my money back (obviously), so I am going to sell them, I bought them, so I can sell them, now where do I sell them. Sell them back to Oxbridge maybe, why not, they sold them to me, I'll just sell em back. Or, can I sell them through another company maybe????



I'm going to give some lucky clovers here, you're gonna need them.
:clover::clover::clover::clover::clover:

Good Luck.
 
Scorp

Take it from us ALL the people you have been dealing with have been scammers and your money has been stolen. Otherwise why are you here asking these questions? Don't you think it's strange to be dealing with a firm of brokers that you suddendly can't get hold off? Do you think this would happen if you had opened an account with Barclays stockbrokers and bought shares through them?

You must realise what has happened here, you must fully understand it otherwise there's a very good chance you'll be softlyt seduced into parting with some more cash.

Basically don't trust anyone when they want money from you unless you have fully checked them out.
 
Tricontinental Capital Corp

Hello everyone, I'm new here and I hope everyone is well.

My farther in law has invested through a company called Tricontinental Capital Corp and I'm almost sure they are a boiler operation. They have an office in Canada and incorporated in Panama (Alarm Bells), their head guy is Phil Westlake/s. Dad has bought into a company as an PIPO called Northwind Ethanol (Formally Nordland). I have done a bit of research on Northwind and through independant media reports of them I have concluded that they are to some degree Legit.

This Tricontinental capital corp is very hard to do research on as they is very little about them on the net apart from a very ominus entry of the company on the FSA list of unauthorised overseas companies operating in the UK. This is very bad news, but this is all I can find on them and they have been going for 6 years this Phil claims.

The concerning thing is that my farther in law is concidering investing through them again in another pipo company called Pan Gen Global (Ethanol from rice hulls), which again has some positive independant media coverage. The thing is he has had a reltionship with tricontinental for over a year but has had no ROI in that time.

If you do a search for tricontinental Capital Corp on the net there is a legit company with vertually the same name and same business, except they don't have the word "capital" in the title, so anyone carrying out any due diligence could find this company and be convinced of "Capitals" credentials. This is very clever I think if they have meant this.

Anyone know anything of "Tricontinental Capital Corp" or either of the two companies they have peddled to my father in law?

Sorry the post is so long!:)
 
Scorp,

You are going to have to find other investors, if you can, and form, or join, a group. My mind boggles at the job you have ahead and it wil not be free. You may have to pay for lawyers and there is very little, if any, chance of success. Where did you say this company was registered? Have you any shares actually issued by them? Maybe, they are genuine but are, themselves victims of the people on the telephone.

My personal opinion for someone who had sent (I won't say invested) a few thousand to them is that they should forget it. The amount that your husband sent them is such a large amount that I understand that you must feel that some effort is needed to get it, or some of it, returned, but I don't know how you are going to do this by mail, email or telephone. You, simply, won't get an answer.

I had a store card stolen and used last Christmas. In the five days before I discovered that I had lost it, 900 euros was spent in various branches. I reported the theft to the police and the shop accepted the loss, because we had had a card with them for 35 years. My point is that if card theft is so rife and there is so little chance of catching the thief, when the police and store and me are all in the same area, what chance do you have of locating those who operate a telephone scam?

Split
 
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Hello everyone, I'm new here and I hope everyone is well.

My farther in law has invested through a company called Tricontinental Capital Corp and I'm almost sure they are a boiler operation. They have an office in Canada and incorporated in Panama (Alarm Bells), their head guy is Phil Westlake/s. Dad has bought into a company as an PIPO called Northwind Ethanol (Formally Nordland). I have done a bit of research on Northwind and through independant media reports of them I have concluded that they are to some degree Legit.

This Tricontinental capital corp is very hard to do research on as they is very little about them on the net apart from a very ominus entry of the company on the FSA list of unauthorised overseas companies operating in the UK. This is very bad news, but this is all I can find on them and they have been going for 6 years this Phil claims.

The concerning thing is that my farther in law is concidering investing through them again in another pipo company called Pan Gen Global (Ethanol from rice hulls), which again has some positive independant media coverage. The thing is he has had a reltionship with tricontinental for over a year but has had no ROI in that time.

If you do a search for tricontinental Capital Corp on the net there is a legit company with vertually the same name and same business, except they don't have the word "capital" in the title, so anyone carrying out any due diligence could find this company and be convinced of "Capitals" credentials. This is very clever I think if they have meant this.

Anyone know anything of "Tricontinental Capital Corp" or either of the two companies they have peddled to my father in law?

Sorry the post is so long!:)

Don't give your money to these co's. They are selling you worthless bits of paper. Why not give me all your money and I'll give you a fantastic return!

Seriously though, before parting with any money do some research and DON'T deal with cold callers. Deal with legitimate regulated brokers that you approach and ask for advice.
 
second thing, any chance of an updated list from the FSA. I don't really know where to start asking other than here.
Um, have you checked the post 5 posts above your one? The link was updated last week, according to the info at the top of the FSA page.:whistling
 
There appear to be 2 companies using that name in Zug - or one with two addresses. The website swissmanagementconsulting.com doesn't appear to work. One of the addresses is registered to a building that I visit twice a week. Give me some more specific details and I'd be happy to drop in and visit,

kibu
A gentleman( I use that term loosely) called me about some shares, his name was Liam Robinson and he said he worked for Swiss management consulting based in Zug. At this point he website worked. Called me several times and eventually persuaded me to buy shares in a company SEYR for approx £1600, then reapeated called with other shares and persuaded me to invest. I also spoke to an Andrew and a James Archer. His secretary was Jill JAMESON and they were supposedly operating from the Zug address. They then over the course of 10 months sold me shaers in the other companies. Not sure what other kind of details you would like, any help would be appreciated on this matter.
Thanks Sheree
 
A gentleman( I use that term loosely) called me about some shares, his name was Liam Robinson and he said he worked for Swiss management consulting based in Zug. At this point he website worked. Called me several times and eventually persuaded me to buy shares in a company SEYR for approx £1600, then reapeated called with other shares and persuaded me to invest. I also spoke to an Andrew and a James Archer. His secretary was Jill JAMESON and they were supposedly operating from the Zug address. They then over the course of 10 months sold me shaers in the other companies. Not sure what other kind of details you would like, any help would be appreciated on this matter.
Thanks Sheree

Let me see if I can help you:

STOP BUYING CR4P FROM COLD CALLERS.

This whole setup reeks of boiler room tactics. The above line is the best advice I can give anyone regarding potential boiler room's. Dont buy cr4p off peopple you dont know in forein lands where you know nothing of your legal rights or anything about the supposed 'company'. One way to find out is try and sell them.

Good Luck. Have a clover.:clover:
 
Don't give your money to these co's. They are selling you worthless bits of paper. Why not give me all your money and I'll give you a fantastic return!

Seriously though, before parting with any money do some research and DON'T deal with cold callers. Deal with legitimate regulated brokers that you approach and ask for advice.


Thanks mate. I will not be giving any money to these people, but my father-in-law already has and is concidering giving more, I have told him not to untill he is absolutely sure of their credentials, so I am looking into it for him and would like to know if any one has any info about the company that will convince him not to invest as as all the signs suggest boiler room.

Thanks everyone.

The name again is Tricontinental Capital Corp based in Canada and Panama.
 
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j1ball

Cruel to be kind here but if your Father invests any more money then it will be stolen from him AGAIN and quite frankly he deserves it. Why not give me 50% of whatever he's going to pay them, he keeps the other 50% and he'll only be down half, a far better than a 100% loss.

Why don't you ask him how much profit has he generated from having a 'relationship' with these crooks over the past few years? And when I say profit I mean money that has been wired back to him rather than them telling him that his shares are showing a healthy return? If he answers you correctly (which is often unlikely as people don't like to admit they've been fooled) I'd bet he's never received a single wire transfer from them.

Please everyone stop thinking that these cold callers 'might be legit' because they are ALL 101% CROOKS.

But they're 'so nice' you tell us 'so charming' and 'seem to be really on our side'. HELLO! I don't think these conmen would earn nearly as much from their marks if they were rude and arrogant do you? So of course they're going to be charming and tell you what you want to hear, they're in the business of deception..........
 
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