Money loser!!! ... Need some help!

[Ames8950]

Hi,
I'm in my early 30's.... Not really much of a clue about hedge funds etc, but was approached by Shin Kong Wedbush, a company based in Taiwan... I googled them, did my research - they had so many web pages, articles... They seemed legit...
Over the last 18 months, I've invested about 70k USD and about 9 months ago I asked them to sell off some of the shares.... Since then, I've requested all to be sold off.... Aah ha, you know where I'm going.... The phone calls got less and less, now none!.... All I get is voicemail when I call their office.... No reply to emails....

I'm hoping someone might be able to help.... I'm also wanting to warn people not to make the same mistake I did.
If you are going to invest, ONLY do it with a company you KNOW!!!!

...... If there is anyone who can help, or point me in the right direction to assist with some form of retribution though, it would be much appreciated!!!
Thanks.
Watch out for the bad guys.

 

[gerz4040]

Hi Ames my strategy for investing is based on companies quartely results when if you do your research you can make a quick killing or as I like to call it a smash and grab.Us markets are ripe for this 2 companies reporting this week are (these are us stock symbols by the way ) AIN and ATR MY READING IS THAT THEY WILL BOTH RISE ON THEIR RESULTS.H ave a look and see what u think cheers and make money theres no time for anything else

 

[JRP2891]

Hi Ames my strategy for investing is based on companies quartely results when if you do your research you can make a quick killing or as I like to call it a smash and grab.Us markets are ripe for this 2 companies reporting this week are (these are us stock symbols by the way ) AIN and ATR MY READING IS THAT THEY WILL BOTH RISE ON THEIR RESULTS.H ave a look and see what u think cheers and make money theres no time for anything else

He's not asking for gambling advice.

Ames, there are people on here who will have been through similar things with disreputable companies/fraudsters so they'll be able to assist you if you keep asking.

 

[arabianights]

yeah you need to look for the boiler room thread

 

[pboyles]

Hi,
I'm in my early 30's.... Not really much of a clue about hedge funds etc, but was approached by Shin Kong Wedbush, a company based in Taiwan... I googled them, did my research - they had so many web pages, articles... They seemed legit...
Over the last 18 months, I've invested about 70k USD and about 9 months ago I asked them to sell off some of the shares.... Since then, I've requested all to be sold off.... Aah ha, you know where I'm going.... The phone calls got less and less, now none!.... All I get is voicemail when I call their office.... No reply to

...... If there is anyone who can help, or point me in the right direction to assist with some form of retribution though, it would be much appreciated!!!
Thanks.
Watch out for the bad guys.

This is a boiler room scam, they have scammed a lot if people it seems. Search this site and you will find stories from other victims.

Never ever buy shares from someone that phones you. Every one of them is a thief who will steal your money.

 

[pboyles]

It starts here

http://www.trade2win.com/boards/brokerages/14154-boiler-room-scams-278.html#post1364962

 

[gerz4040]

This is a boiler room scam, they have scammed a lot if people it seems. Search this site and you will find stories from other victims.

Never ever buy shares from someone that phones you. Every one of them is a thief who will steal your money.

Thats good advice

 

[Pazienza]

Your money is gone and you will never get a penny of it back. If you're in the UK you need to contact the City of London Police:

http://www.cityoflondon.police.uk/CityPolice/Departments/ECD/Fraud/boilerroom.htm

Operation Archway.

 

[ken979]

Sorry to hear this Ames8950

Even reliable companies you think are trustworthy, could be a Ponzi scheme. An example is Bernie Madoff.

At least you learnt it in your 30's rather than when your retired. If you watch the Bernie Madoff documentary, an 80 year old lost everything.

 

[sharemarket9]

Don't go with all system generated calls....
Analyze the market yourself and trade safely

 

[JoshUK]

You should always be wary when a company contacts you, expect it a scam until you are 100% sure.
Good luck getting your investment back!