Boiler room scams

http://mayaonmoney.co.za/2013/06/how-a-boiler-room-scam-works/

Read this carefully this lady knows her onions.. Pay attention, do not accept cold callers..even if they have a seemingly legit website.

These guys are scum.

Pump and dump... Stock fraud..Foerster consultants, ADM

• Pump and dump schemes, involving use of false or misleading statements to hype stocks, which are "dumped" on the public at inflated prices. Such schemes involve telemarketing and Internet fraud.^[1]

• Chop stocks, which are stocks purchased for pennies and sold for dollars, providing both brokers and stock promoters massive profits. Brokers are often paid "under the table" undisclosed payoffs to sell such stocks.^[1][3]

• Dump and dilute schemes, where companies repeatedly issue shares for no reason other than taking investors' money away. Companies using this kind of scheme tend to periodically reverse-split the stock.

• Other unscrupulous brokerage practices, including "bait and switch," unauthorized trading, and "no net sales" policies in which customers are prohibited or discouraged from selling stocks.^[5]

from wiki...

stock fraud link

http://en.wikipedia.org/wiki/Microcap_stock_fraud

scammers list!

If anyone else has information about scamers, please post, the more info out there the less chance they have of getting unsuspecting people.

Stay safe out there..Its a bloody Jungle

ADM alliancedirect.com scam

These guys are also con artists that will cold call you from India... not as pushy or aggressive as the Foerster bunch but they take your money and you do not see a penny of it back...

ADM Scam, Traders


DO NOT trust these guys....

Foerster Consultants.com Scam

A trade and stock scam, by people known as Foerster Consultants are in fact scam artists, they will cold call you and then proceed to bleed you dry of every penny you have. Not giving a fidlers fart how they do it.


More in depth news to come.. Be aware..be very aware...

Foerster Consultant Scamers