Schemes, Scams, Frauds.

www.crimes-of-persuasion.com Site Directory

Overseas Boiler Room Stock Scam Operations Telemarketing Fraud Organizations

Some brokers involved in shares fraud who have come to the notice of authorities are:

	Argus Capital Investment Corporation Postbus 59366 1040 KJ Amsterdam THE NETHERLANDS Associated individual: Ted Davies
	Benson Dupont Capital Management Inc 14th Floor, Kamiya-cho Mori Bldg 4-3-20 Toranomon Minato, Tokio JAPAN
	Benson Dupont Level 23, CP Tower 313 Silom Road Bangkok 10500 THAILAND Associated individuals: Steve Wilson and Keith Nochman
	Berchmans Lee Company Inc 1410 Herrera Tower Herrera Street Salcedo Village Makati Manila PHILIPPINES Associated individual: Chris Carter
	Bernstein & Zeiglier # 10 Anson Road # 18-18 International Plaza SINGAPORE 079903 Associated individual: Henry Thornton
	Bion, McConnan & Associates LLB 141 757 West Hastings St Suite 800 Vancouver B.C. CANADA
	Bradford Kempner Investments Limited Unit 1512, 15th Floor Q-House Asoke Building 66 Sukhumvit 21 Road Klongtoey Nua Wattana Bangkok 10110 THAILAND
	Brooks Pearson Investment Limited Wisma Danamon Aetna Life 19th Floor, Jalan Jondral Sudirtnan Kauling 45-46 Jakarta 12930 INDONESIA
	Capital Assets Limited Taipei Metro Building Suite D, 11/F No. 207 Tun Hwa South Road, Sec.2, Taipei TAIWAN Associated individual: Robert Mason
	C & C Global Co., Limited 17th Floor UBC II Building Soi Sukhumvit 33 Bangkok THAILAND
	Central Capital Inc 387 Ivy Street San Francisco California UNITED STATES New Bright Building 11 Sheung Yuet Road HONGKONG
	Clanvale Securities S.A. Edificio Torre America Floor 3 Office 307 Avenida Venezeula Bello Monte Caracas VENEZUELA
	Cohen Nesbit Group Limited Level 19 Hong Leong Building 16 Raffles Quay SINGAPORE
	Crawford Peale Unit 1609 16th Floor, Vaint 1 Building 1126/1 New Petchburi Road Bangkok 10400 THAILAND
	Dragon Pacific Company Limited 17th Floor, One Pacific Place 140 Sukhumvit Road Bangkok THAILAND Associated individual: Douglas King
	Dreyfus Securities Limited 14/F Kamiya-cho Mori Building 4-3-20 Toranomon, Minato-ku TOKYO 105-0001, JAPAN Amnuaydech Suite 048 22 Central Chidlom Tower Polenchit Road, Lumpini Pathumwan, Bangkok 10330 THAILAND 29/F One Canada Square Canary Wharf, London UNITED KINGDOM, E14 5DY Associated individual: Steven Dixon
	Dukes and Company Securities Corporation Unit 1009 PSBank Tower Senator Gil J Puyat Avenue Makati City 1220 PHILIPPINES Constitution Drive PO Box 332 Belmopan BELIZE Associated individuals: Michael Martin, Ben Smit
	First Independent Resource Management Group Inc 4, V.S. Prospero Milano ITALY
	Fisher Sterling International Limited 302 Hung Kei Mansion 5-8 Queen Victoria Street Central HONG KONG Associated individual: Dave Adams
	Foreign Currency International 27 Sukhumvit Soi 20 Bangkok, 10110 THAILAND Associated individual: Stephen Sharpe
	Foreign Trade International 12th Floor 253 Sukhumvit Soi 21 Asoke Road Bangkok 10110 THAILAND Associated individuals: Ian Morris, Christian Webb, Michael Lumby, Alex Pagan, Dennis Askew.
	FX Advisors East, LLC 200 Public Square Suite 2955 Cleveland Ohio UNITED STATES OF AMERICA
	Gaylord & Finch 400 Broadway Seattle Washington UNITED STATES OF AMERICA Associated individual: Peter Williams
	Global Capital Securities Corporation 538 Broad Hollow Road Suite 315E Melville New York UNITED STATES OF AMERICA Associated individuals: Christopher Ferruzza, James Sparacino
	Global Option Trading Co Limited 14th Floor 253 Sukhumvit Soy 21, Asoke Rd Bangkok 10110 THAILAND Associated persons: Jamie Nettleship, Callum Hunt
	Graves Stanley & Peabody Limited 24 College Lane P O Box 646 GIBRALTAR Associated individual: Richard Gaston
	Gresham Management Inc 207 South 79th Street Suite 1006 New York NY 10024 UNITED STATES Associated individuals: Edward Saunders, Martin Nelson, Cynthia Landsburg, Charles Hampton
	Hamilton & Associates Bahnhofstrasse 52 CH8001 Zurich SWITZERLAND Associated individuals: Alexander Woodbridge, David A Smith, Michael Kennedy
	Helvetica Trust & Fiduciary Group Bahnhofstrasse 71 Surich 8001 SWITZERLAND Associated individual: Gerald Mulrine
	Hudson International Caracasbaaiweg 199 PO Box 6050 Curacao Netherlands Antilles WEST INDIES Room 2207 22/F, II Lippo Centre Central HONG KONG Associated individuals: Thomas Jenkins, Steven Billings, Jeffrey Kahn, Frank Edwards, Murray Skolsky.
	International Asset Management CP Tower Level 23 313 Silom Road Silom 10500 Bangkok THAILAND Associated individual: Richard Jennings
	Jacobs & Kiplinger Zurich World Trade Centre Leutschenbachstrasse 95 8050 Zurich SWITZERLAND
	Kearns Investments Inc Level 9 AIG Building 1-1-3 Marunouchi Chiyoda-Ku Tokyo 100-0005 JAPAN Level 21 HSBC Tower 101 Yin Cheng East Road Pudong Shanghai 200120 CHINA Level 36 Menara Citibank 165 Jalan Ampang 50450 Kuala Lumpur MALAYSIA   Associated individuals: Michelle Von Wald, Cyrus Fahad, Tony Sacks and Michael Stuart.
	Kensington Group Inc 30th Floor, Shinjuku Park Tower 3-7-1 Nishi-shinjuku Shinjuku Tokio JAPAN
	The Kensington Group 23F M Thai Tower All Seasons Place 87 Wireless Road Phatumwan Bangkok THAILAND 18F, One International Finance Centre 1 Harbour View Street Central HONG KONG
	KLM Investment Services Limited 25 Dowgate Hill Cannon Bridge London UNITED KINGDOM Associated individuals: Adam Lewis and Timothy Husk
	Liberty Capital International Limited PO Box W829 Corn Alley St John's ANTIGUA
	Livingston Asset Management 14 Ron 1204 Geneva SWITZERLAND Associated individuals: Ingo Janneau, Marc Philips, Aron Mozes, Jonathon Livingston, Charles Bond.
	The Madison Group 23rd Floor M.Thai Tower All Seasons Place 87 Wireless Road Phatumwan Bangkok 10330 THAILAND Associated individuals: Glen Bradshaw, Frank Harris, John Jacobsen
	Millenium Financial Group 23rd Floor Tower 1, The Enterprise Center 6766 Ayala Avenue Makati City 1200 PHILIPPINES Associated individuals: Richard Arrowsmith, Gary Artzt, G. Edward Buell, Ben Cattaneo, Nica Gelera, Ray Gordon, Jon Jones, Jon Lopresti, Matthew McAllister, George Mitchell, Lenny Mazzola, Joseph Paterno, Shawn Richard, Ken Sheffield, Romson Velez, and Robert Velis.
	Morgan International Investment Group Inc 6, Circuit de la Foire Internationale BP 2507, L-1025 Luxembourg GRAND-DUCHE DE LUXEMBOURG Associated individuals: Thomas Carpenter, Simon Richardson, Diane Rosenberg
	Morgan Pacific 138 Silom Road Boonmitr Building 10th Floor Suriyawongse Bangrak Bankok 10500 THAILAND Associated individual: Graham Thompson
	Morrison Cross Financial Investments Limited Ave. Manuel Espinosa Batista International Business Center Floor 11 PO Box 0833-0118 Panama REPUBLIC OF PANAMA Associated individuals: Kenneth Elliot, Max Peters
	Muller and Sons Securities Management Inc Unit 114 Prince Plaza 1 106 Legaspi Street Legaspi Village Makati City PHILIPPINES Associated individuals: Ben Smit, Michael Martin, Stephanie Victoire and Maurie Wise
	Newport Pacific Securities & Management Inc Unit 404 Greenbelt Mansion 106 Pera Street Legaspi Village Makati Manila PHILIPPINES Associated individuals: Jack Miller, Thomas Massino, Johnny Morgan, Peter Lynch and Ron James
	Norwich Capital Mutual Funds Limited Valero Towers, Penthouse D 122 Valero Street Salcedo Village Makati City PHILIPPINES Associated individual: Chris Jones
	Norwich International Trading Inc W910 West Tower Philippine Stock Exchange Centre Exchange Road Oritgas Centre Pasig City Metro Manila PHILIPPINES Associated individuals: Kathleen Edward and Kevin Walker
	Pembridge Group Suite 2903 29/F, Tower 1 Admiralty Centre HONG KONG Associated individual: Justin Wentworth
	Pfeiffer Galland Plaza Mashill Level 21 Jalan Jendral Sudirman Kav 25 Jakarta INDONESIA
	Preferred Performance Group, Company Limited Richmond Building 75 Sukhumvit Soi 26 Bangkok THAILAND
	Remington Consultancy Limited 1245 Pleasant View Boulevard Scottsdale Arizona 85261 UNITED STATES Associated individuals: Richard Remington, George Mason, John Richmonds
	Sherman Brothers Unit 1911, 19th Floor One Pacific Place 140 Sukhumvit Road Klongtoey District Bangkok 10110 THAILAND
	Sigama Capital Management 14th Floor, Kamiya-cho Mori Bldg 4-3-20 Toranomon Minato, Tokio JAPAN
	Sigama Capital Management Level 18 One International Finance Centre 1 Harbour View Street Central HONG KONG Level 14/1401 One Pacific Place 140 Sukhumvit Road Bangkok THAILAND Associated individuals: David Burgess and Anne Davies
	Simmons, Blake & Fritch 27 Floor Jefferson Towers 9823 Hover Street Maverick Avenue St Paul, Minnesota UNITED STATES OF AMERICA Associated individuals: Jennifer Stone, Kate Jones, Timothy Croft
	Smith & Henderson Associates Inc Level 21, HSBC Tower 101 Yin Cheng East Road Pudong Shanghai CHINA Serrano 240 5th Floor 28016 Madrid SPAIN
	South East Asia Trading 12th Floor 253 Soi Sukhumvit 21 Asoke Road Bangkok 10110 THAILAND Associated individuals: Jamie Nettleship, Andrew Hewit, Michelle Tetreaut.
	Stamford - Financial Level 14, Hibiyo Central Building 1-2-9 Nishi Shimbashi Minoto-ku Tokyo JAPAN
	Sterling Capital Corp. 23rd Floor, 6750 Ayala Ave Makati City, Metro Manila 1226 THE PHILIPPINES Associated individuals: Steven Thompson, John Davis, Michael Cayhill, Jane Alexander
	Taylor Atlantic Ltd Level 4 Tower 2 Petronas Twin Towers Kuala Lumpur 50088 MALAYSIA Associated individual: John Sinclair
	Transglobal Consultants Limited Pacific Place Two Building Suite 1707 17th Floor, 142 Sukhumvit Road, Klongtoey Bangkok 10110 THAILAND Associated individuals: Paul Jenson, Josh Kaytor, Daniel Bailey, Robert Ellis and Jeremy Blake.
	Trans-National Securities and Trust SA Birmensdorferstrasse 140, CH-8003 Zurich SWITZERLAND Associated individual: John Montana
	Trident International Suite 2207 88 Corporate Centre 141 Valero Street Salcedo Village Makati Manila PHILIPPINES Associated individual : Richard Bell
	United Capital Management Inc 1680 Ramon Magsaysay Centre Roxas Boulevard Manila PHILIPPINES Associated individual : Richard Austin
	Vantage International Management Group Inc Times Square Building 12th Floor, Unit 12-04B 246 Sukhumvit Road Klongtoey Bangkok 10110 THAILAND
	VIP World Asset Management Co Shirlaw House Shirley Street P O Box SS-19084 Nassau THE BAHAMAS Associated individual: Joseph Santeramo
	Worldwide Investors Management Inc Suites 303 and 305 Valero Plaza 124 Valero Street Salcedo Village Makati Manila PHILIPPINES

Associated individuals: Chase Trek, Ramiro Yabut, Christian Dupont, Richard Austin, Nathan Logan, Amador Pastrana, Toby Forster and Peter Lawson.

In Thailand

The SEC there has allocated its limited resources to conduct initial enquiries and formal investigations by the Enforcement Department, as well as to assist the Royal Thai police, the Attorney General, the Anti-money Laundering Office (AMLO) and international police forces in their investigations.

Under the Securities and Exchange Act B.E. 2535 (1992), conducting securities businesses in Thailand without obtaining proper licenses is a contravention of Section 90. In addition, if the case turns out, also, to be a scam and is considered a public fraud, it is also a violation of Section 343 of the Penal Code.

Some cold calling firms were operating as currency or commodities brokers, which were out of the SEC’s jurisdiction, and the SEC has passed the matters to the Ministry of Finance for further action.

see www.sec.or.th

ASIC list of suspect firms.

They also have a great research paper on International Cold Calling Investment Scams. .pdf

1. Abacus Group Co Limited

2. Allied International Investment Limited

3. Allied Pacific Ventures

4. Argus Capital Limited

5. Barrington Consultants Inc

6. Barrington Capital Ventures Ltd

7. Benson Dupont International

8. Berchmans Lee Company Inc

9. Berkeley Samson International

10. Berline Overseas Corporation

11. Bradford-Kempner Investments Ltd

12. The Brinton Group

13. Brooks Pearson Investment Limited

14. C&C Global Co Limited/Commodity and Currency Global Co Limited

15. Capital Advisory Corporation

16. Capital Assets Limited

17. Cogan Davis & Associates

18. Cohen & Nesbit Group Ltd

19. Collwood & Hall, Ltd

20. Commodity and Currency Global Co Limited

21. Crawford Peale, Inc

22. Dreyfus Securities Ltd

23. Duke's & Company Securities Inc

24. E Go Trade

25. Evergreen Consulting Corporation

26. First Chartered Capital

27. First Federal Capital

28. FL Lober Tax Consultants

29. Foreign Currency International

30. Foreign Trade International

31. Fortune International Inc

32. Freelander & Kuhn

33. General Commerce Bank AG/General Commerce Bank of Vienna

34. The Georgian Group

35. Gerson-Lehmann Inc

36. Global Asset Partners Ltd

37. Global Interactive

38. Global Option Trading Co Ltd

39. Goldberg & Partners Inc

40. Hudson International

41. International Asset Management

42. International Currency Group

43. International Exchanges Group

44. Investment Advisors & Consultants Ltd

45. JF Kidwell Limited

46. Kearns Investments Inc

47. KLM Investment Services Limited

48. The Kensington Group

49. Knowle Sachs & Company Inc

50. The Madison Group

51. Marlborough Acquisitions Inc

52. J R Matthey

53. Millenium Financial Group

54. Morgan International Investment Group Inc

55. Morgan Pacific Capital Inc

56. Muller & Sons Securities Management Inc

57. Newport Pacific Securities & Management Inc

58. Optimum Resources International Limited

59. Osiris Asia Pacific

60. Pfeiffer Galland Limited

61. Phoenix International Limited

62. Price Warner Company Ltd

63. Pryce Weston Incorporated

64. PT. Dolok Permai

65. Royce Sanford

66. Saxon & Swift

67. Sherman Brothers

68. Sigama Capital Management

69. The Strategic Alliance Group

70. Taylor Atlantic Ltd

71. Transglobal Consultants Limited

72. Trident International

73. Tri-West Invest Club

74. United Capital Management Inc

75. US Trading Associates Co Ltd

76. Vantage International Management Inc

77. Wellington International

78. Westwood Management Limited

79. Windsor Venture Securities Co Limited

80. Worldleader Investment Insider/Worldleader Investment Ltd

81. Worldwide Investment Management Corporation

82. Worldwide Investors Management Inc

Innocent investors are being lured by unlicensed brokers into buying worthless investments. Rodney Hobson of www.moneyam.com investigates what is being done to stop them

A trip to Spain can be good for your health. A phone call from Spain can be bad for your wealth. Barcelona and Marbella are currently the hot spots for shares swindle fraudsters who prey on unwary investors, according to Tony Hetherington, a financial journalist who has heard more sob stories than an agony aunt. But it is broken wallets, not broken hearts, that are responsible for filling up his postbag at The Mail on Sunday.

Hetherington told Shares magazine that investors looking for a nice little earner are also lured by shares pusher calls from Prague, Budapest, Switzerland, North America, and occasionally from Portugal. These people can get around but, after all, they travel on other people’s money.

He says of the former iron curtain countries: ‘It’s the Wild East since the fall of communism. Regulating foreigners who prey on other foreigners with a shares scam is not top of their list of priorities. Most use Switzerland as a front. Switzerland is appallingly badly regulated. It has only properly regulated banks, it has never regulated stockbrokers.’

The Financial Services Authority (FSA) this month published a list of more than 40 unauthorised share dealers who do not let the legal niceties get in the way of a phone call. This is three times the number that appeared on the warning list this time last year. But FSA’s Kate Bristowe admits: ‘The list is the tip of the iceberg.’

The main scam is to offer penny shares that supposedly will soar in value. Few, if any, are listed on a stock market anywhere in the world. Since they cannot be sold, they are effectively worthless.

The FSA says there is a new shares scam where investors are approached with an offer to sell the shares in return for an upfront administration fee. Once this is handed over the investors hear no more, so they have now paid out twice and still hold worthless shares.

In one case, an investor bought shares for a total $37,500 from an unauthorised firm describing itself as a broker in Switzerland. About 18 months later, he was approached by a firm with a different name, describing itself as an American settlement company, which offered to sell his shareholding for almost five times the original purchase price.

The investor was required to pay $8,850, supposedly to cover tax, to complete the deal. After paying up, he received another call asking for a further $57,000. The investor declined but has still parted with the equivalent of £30,000.

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