Regulation s Share

[aderonke]

Hi all,
I am new to this site and i wonder if anyone can help or had similar experience with Reg s shares.
I was sold some shares in a company called City network inc about 3 years ago by a company called intersecurities based in Germany.
I was abit naive then as i did not really know what reg s shares were. All i was told was that i would not be able to sell the shares for I year by which time the share should have appreciated ant i can then sell them off if i wish.
The value of the shares went up initially and i gradually faded to nothing. and i had already classified these as a bad loss and inexperience.
A year ago i got a call from another company that they have taken over all the clients from the original company and they were goung to send me some documents to effect the change. I did not receive those documents.
On friday, i got a call from compamy called cookcp.com. Who are claiming be a company dealing in mergers and accusations. apparently my original stock were 1 for 20 and i now own 30000 stocks which they are willing to buy off me as part of the merger and accuisition. The stocks are now vallued at $2.25 .== $67500
broken down as follows
Stock Legend registration .20
Stock Legend Registration amount Due 6,000.00
purchase Price 67,500.00
Seductible Commission fee (2.6%) (1,755.00)
Refundable Stock Legend Regustration 6,000.00
Sellers Completion Sum 71,745.00

My reaction to this is this is another scam.
I have called the number given and the phone was answered by a lady who put me through to the guy who contacted me on friday.
I told him i needed to get the company checked out and that i have giveen the documents to my husband who is a solicitor to look over.
He said he would be glad for him to call him tomorrow to ask and answer any questions.

Any advice please


Many thanks

Aderonke

 

[anley]

You're right to believe it to be a scam because IT IS, 100% no doubt about it.

Personally you'd be wasting your time talking with the guy because chances are he's going to be a smooth talker but in reality is a low life thief.

The scam works simply. You'll be offered a fantastic price for your shares, which it looks like you alread have BUT before you get the money you'll be asked to pay money to release the shares, some sort of bond or insurance.

PAY THAT MONEY AND IT WILL BE STOLEN FROM YOU.

If you want to mess the scammers around try and get their bank account details, then call the bank up and tell them the account is being used by scammers and money launderers, they should investigate and freeze it.

PS. The people that are calling you are probably the same scammers that sold you the shares in the first place.......

 

[aderonke]

You're right to believe it to be a scam because IT IS, 100% no doubt about it.

Personally you'd be wasting your time talking with the guy because chances are he's going to be a smooth talker but in reality is a low life thief.

The scam works simply. You'll be offered a fantastic price for your shares, which it looks like you alread have BUT before you get the money you'll be asked to pay money to release the shares, some sort of bond or insurance.

PAY THAT MONEY AND IT WILL BE STOLEN FROM YOU.

If you want to mess the scammers around try and get their bank account details, then call the bank up and tell them the account is being used by scammers and money launderers, they should investigate and freeze it.

PS. The people that are calling you are probably the same scammers that sold you the shares in the first place.......

Thanks a lot.

 

[bearMedicine]

I have had a similar call. The company claims to be based in Tokyo and is called 'Cook Capital Partners'. Since there is a sum involved in escrow I was also very dubious. Any advice greatly appreciated. This would have made my day!

 

[anley]

Bear

You're being setup for a scam please learn from your mistakes as you've already been scammed in the past.

People that cold call you offering you riches are THIEFS but of course they'll all appear to be 'on your side' and charming and the money so easy to make etc. But ever thought for a moment how far a thief would get if they were rude to their marks on the phone..........

 

[aderonke]

I have had a similar call. The company claims to be based in Tokyo and is called 'Cook Capital Partners'. Since there is a sum involved in escrow I was also very dubious. Any advice greatly appreciated. This would have made my day!

Hi Bear,
This is the same company that called me. They had created a client account for me on their website. The Guy who called me was Jack Russell. He was supposed to call my husband who i told him was a solicitor yesterday but the call did not come through.
Do you have the same contact? Which company did you buy shares in orriginally?.
I think i will try and play them at their Game for a while . I will try and get as much info as i could about them but will not be giving them a penny of my hard earned cash never again.

Ronke


Jack Rosewell
Senior Vice President of Accounts
Cook Capital Partners
Phone: + 81 (3) 4550 0325
Fax: + 81 (3) 4496 5013
[email protected]


Cook Capital Partners
Bank of Tokyo-Mitsubishi UFJ Roppongi Building
1F 4-9-7 Roppongi, Minato-ku Tokyo
Phone: + 81 (3) 4550 0325
Fax: + 81 (3) 4496 5013
[email protected]

 

[bearMedicine]

Hi Ronke

Yes that is exactly the same details as my letter, and I boought my 'shares' initally through Intersecurities as you did.

I am following the same strategy as yourself, to get as much information as possible so that I can pass this on to the City branch of serious fraud office or similar. I have good business connections in Japan so hopefully have an avenue for them to be persued that way if they do actually turn out to be based there.

Thanks to others for their warnings and comments. I will definietly not be taken twice by the same a**holes who got me the first time around!

Best, Bear

 

[aderonke]

Hi Ronke
Hi Bear,
I received another document from the so called Jack today because i told him i wanted more information on the compant Cook capital. He said he will give send me a secured Escrow Guarantee issued by the japanese authority. I could not log on to the web address so iam guessing it is fake.
My next step is to ask them for the bank detals to remit the funds to......
They seem to be using a lot of bank buildings.

Pls let me know what your friend finds out in Japan

Aderonke

Central Registration Department HSBC Building 11-1, Nihonbashi 3-chome, Chuo-ku, Tokyo - JapanPhone: +81 (3) 4588-8790 Fax: +81 (3) 4496-4886 Email: [email protected]ebsite: http://www.centralrd.org/SECURED ESCROW

 

[anley]

Their bank accounts are always the weak link, without being able to collect the money they have no business.

get the account name and number, which incidentially will not be named 'Cook Capital Partners' which should sound alarm bells anyway. Call the bank up, chances are it will be in Hong Kong, ask to speak to compliance, tell them what is happening and say if they look at the money coming in, most of will be from the UK in less than £10 amounts, the money will also be quicly wired out or withdrawn in cash all over the far east, probably Bangkok.

That should do enough to put a temp freeze on the account pending further investigation and with any luck money already in the account will NEVER reach the scammers.

Good luck in messing these scum around

 

[anley]

One way to spot a scam company is to see how long their website has been registered

Cookcp.com - Cook cp

From Crook's website, sorry I mean Cook's -

"Cook Capital Partners is a mergers and acquisitions specialist. We have successfully completed hundreds of business sales and mergers in a variety of industries and locations over the past decade."

Mmmm, so how come the website was first registered in September 2008

 

[raysor]

There is nothing "wrong" with Regulation S stocks or Rule144K Restricted. However if you know nothing or very little about these rules/regs you are playing with fire. Stocks and shares are not bought or sold from cold callers who 'phone from overseas or offices set up in London to disguise overseas outfits. Stocks and shares are bought and sold through stockbrokers except maybe some pre-IPOs that are sold via Solicitors. If someone 'phoned you offering a house for sale at 1/2 price you would think it was a scam as we all know that the majority of properties are sold through estate agents and that the "clearing" or conveyancing nust be done by a solicitor (in the main). The investment industry is now highly regulated and for good reason. All the stocks that are pushed onto unsuspecting punters are private companies and not listed on any recognised stock exchange. As such "anything goes". Anyone who remembers the days of the Rule 144 II (a) stocks traded through the "bucket shops" such as Harvard Securities, then the Unlisted Securites Market and OFEX will know we used to have the same sort of thing over here. Maybe it is because the London Market is reasonably well policed now that gives UK investors a false sense of security when dealing with these international sharks. If it didn't involve large amounts of money being lost it would be highly amusing. There must be something the FSA could do to combat this fraud (maybe in conjunction with other Regulatory bodies. They seem to spend a hell of a lot of time and money on domestic compliance (although I suspect that is down to MiFID) and let these rogues have free play. Of course the best idea is just to ask these crooks who they are regulated by. Mind you they usually answer :"Regu...what? Regulation?? Sorry I didn't catch that".

 

[yousam]

I also got a call from jack roswell. Will not be forwarding any cash to him that's for sure.

Mushtaq

 

[SNIFFERDOG]

Hi,
I've been contacted by rosewell too. He wants to by my 's' reg shares too at a huge price hike. I have also received this impressive Escrow document, I'm sure the signees don't now what is going on in their courtyard where ever that may be. I've checked this out. The 'cook capital partners' business was set up on the 3rd september 2008. They are not authorised to deal in the UK because they are not registred with the FSA. He actually sent me a 'copy' of my share certificate with my name on it even though my stocks are held in a nominee account. They are convincing especially that lame springbok jack rosewell (if that were his real name I'd use capital letters). Beware everyone he is on the prowl don't forward any money to him unless you are gullable. you will definately lose it. Give him a wide birth and the Xmas he deserves.

Regards Snifferdog

 

[anley]

Jack Roswell - are you out there in cyberspace because we've got a lot of hard hitting questions we'd like you to answer...........

Ps. The xmas present roswell needs is a 5 year stretch in a Far eastern jail.

 

[norman smith]

Jack Roswell - are you out there in cyberspace because we've got a lot of hard hitting questions we'd like you to answer...........

Ps. The xmas present roswell needs is a 5 year stretch in a Far eastern jail.

Hi everyone
I have been approached about laserlock shares by cook capital and spoken to Keith anson and nelson ford has anyone else had a call from them

 

[norman smith]

The following links are very interesting found on robtex a domain search look up the websites they are all similar and all need stopping asap
hostnames sharing ip with a-records
mail.boultoncp.com
mail.conquestmergers.com
mail.cookcp.com
mail.crestam.com
mail.gotthardcp.com
mail.intasv.org
mail.intsrb.org
mail.inttb.org
mail.lincoln-ventures.com
mail.morgancp.com

(only showing 10 results)
domains using this as mailserver
boultoncp.com
centralrd.org
conquestmergers.com
cookcp.com
crestam.com
gotthardcp.com
intasv.org
intsrb.org
inttb.org
lincoln-ventures.com

(only showing 10 results)
domains using this as nameserver
boultoncp.com
centralrd.org
conquestmergers.com
cookcp.com
crestam.com
gotthardcp.com
intasv.org
intsrb.org
inttb.org
lincoln-ventures.com

 

[OllieOladele]

Hi Ronke
Hi Bear,
I received another document from the so called Jack today because i told him i wanted more information on the compant Cook capital. He said he will give send me a secured Escrow Guarantee issued by the japanese authority. I could not log on to the web address so iam guessing it is fake.
My next step is to ask them for the bank detals to remit the funds to......
They seem to be using a lot of bank buildings.

Pls let me know what your friend finds out in Japan

Aderonke

Central Registration Department HSBC Building 11-1, Nihonbashi 3-chome, Chuo-ku, Tokyo - JapanPhone: +81 (3) 4588-8790 Fax: +81 (3) 4496-4886 Email: [email protected]ebsite: http://www.centralrd.org/SECURED ESCROW

I've just been scammed by these guys. I was searching on Google ahead of sending the cash and I could not find anything. I too bought shares from Intersecurities in Frankfurt, a few years ago in a company called West Africa Gold Inc. There is a company called Pourschine Cook Capital Partners in the US who have nothing to do with the Cook Capital Partners in Japan. I was horrified to find that they were asking for more cash as there were warrants attached to my shares, My only saving grace is that on further investigation, I've found this stream of complaint on line. I wish I'd seen it earlier and higher up the search ranking on Google.

I've reported the bank details they have sent and reported them to the bank they are using in Canada, suspect they will have a few. Please can you also let me know how you get on with the Japanese authorities as I want to report them too.

Ollie Oladele

 

[SNIFFERDOG]

cook capital partners

Hi everyone
I have been approached about laserlock shares by cook capital and spoken to Keith anson and nelson ford has anyone else had a call from them

Did these characters have an South African accent? if so it's propably the same guy who contacted me. Looks like he's been called a few names in his time.

 

[OllieOladele]

Hi all,
I am new to this site and i wonder if anyone can help or had similar experience with Reg s shares.
I was sold some shares in a company called City network inc about 3 years ago by a company called intersecurities based in Germany.
I was abit naive then as i did not really know what reg s shares were. All i was told was that i would not be able to sell the shares for I year by which time the share should have appreciated ant i can then sell them off if i wish.
The value of the shares went up initially and i gradually faded to nothing. and i had already classified these as a bad loss and inexperience.
A year ago i got a call from another company that they have taken over all the clients from the original company and they were goung to send me some documents to effect the change. I did not receive those documents.
On friday, i got a call from compamy called cookcp.com. Who are claiming be a company dealing in mergers and accusations. apparently my original stock were 1 for 20 and i now own 30000 stocks which they are willing to buy off me as part of the merger and accuisition. The stocks are now vallued at $2.25 .== $67500
broken down as follows
Stock Legend registration .20
Stock Legend Registration amount Due 6,000.00
purchase Price 67,500.00
Seductible Commission fee (2.6%) (1,755.00)
Refundable Stock Legend Regustration 6,000.00
Sellers Completion Sum 71,745.00

My reaction to this is this is another scam.
I have called the number given and the phone was answered by a lady who put me through to the guy who contacted me on friday.
I told him i needed to get the company checked out and that i have giveen the documents to my husband who is a solicitor to look over.
He said he would be glad for him to call him tomorrow to ask and answer any questions.

Any advice please


Many thanks

Aderonke

Hi Aderonke,

You sound like a fellow Nigerian so I feel obligated to reach out and to provide information to you. please on no account send Jack Rosewell any money. My experiences of dealing with him have been catastrophic, a complete waste of time.

I'm starting to unravel the story. Like you I bought City Network Shares a few years ago, saw them rsie then saw them fall away to nothing. I'm not sure if you are aware they are actually still being traded as stock synbol CSNY. You can go to I think Nasdaq or one of the other exchanges and get a quote. The key point here is when I checked the price this week, it was less than 1 cent perhaps even 10% or 100% less than 1 US cent. There were that many leading zero's it was difficult to fathom but effectivey shares being traded on the open market are worth near nothing! so like the advice you recieved or maybe I've read somewhere, why would anyone want to pay you over two dollars for something they can get on the open market that is worth less than a cent. IT MAKES NO SENSE AND OBVIOUSLY HAS TO BE A SCAM FOR THE SHARE REGISTRATION FEE.

I've also spoken to the FSA and Cook Capital's approach to us in the UK is illegal as they need to be registered with the FSA to do this. I'm checking with the Japanase FSA who have a red warning bar on it's site about people representing themselves as being Japan based but actually being in a hidden boiler room elsewere around the globe.

Financial Services Agency


I think the right thing to do is to collect bank details and pass them onto the FSA, here and in Japan andinform the Cops.

Hope this is a cool Xmas Pressie for you and your husband's finances

Ollie Olawale Oladele

 

[raysor]

Firstly Reg S shares are NOT quoted on any recognised stock exchange therefore there can be NO price. Reg S shares cannot be traded by US citizens. I doubt if Reg S shares can be de-restricted (at least not while they are un-listed). Do not waste ANY time, effort or money on these shares.