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Boiler room scammers ('Chesterfield Financial')

Apart from the story on the Today programme this morning (BBCR4), those boiler room people are getting more cunning. Had one foreign-sounding Marsha Sheffield from Chesterfield Financial ring me yesterday (CLID: International) wanting to send me some dubious information; she said they had offices in Glasgow and Cardiff (thought I might nail them as UK-based). She was a bit quick with their phone number, address and website

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; when I had a closer look, all the information had the veneer of respectability but was a bit questionable and takes a bit of digging to realise that: - Both UK phone numbers get you to a foreign sounding person - the addresses are dubious: the postcodes don't match the addresses - and the .com domain in registered to a partial address in Barcelona. Ho-hum: caveat emptor!

Reply to
Allan Gould
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I just don't understand why it makes any difference where the person is calling from (and I don't mean wrt customer protection).

If someone who you don't know, calls you to tip some shares, it just has to be a scam. Why would anyone do this? If the tip were any good they be investing in it themself and telling no-one.

tim

Reply to
tim (not at home)

And I thought the Today interviewer was rather soft on the victim this morning. He should at least have been asked why he gave 20,000 pounds or so to someone why rang him up out of the blue.

I was surprised Today ran the story at all. There's nothing new in all this and it's been a staple of the "financial advice" columns in the press for years. Quite why anyone falls for it is a mystery.

Mike.

Reply to
Mike

cos it's a fairly quick way of getting rid of them ("sorry, you're not in the UK and not covered by UK regulators") and secondly cos if they are in the UK and can be pinned down, I would consider ensuring they get the attention of the TPS & ICO (FWIW)

Reply to
Allan Gould

I was going to make exactly the same point, but you beat me to it. Very weak interviewing.

Reply to
hungerdunger

I didn't mean to you, I meant to everyone else.

Even if the caller is in the UK, it's still going to be a scam and there's bound to be something down the line that seeks to avoid the UK protection.

tim

Reply to
tim (not at home)

Bitstring , from the wonderful person "tim (not at home)" said

Like an EasyJet ticket to Rio. 8>.

Not, of course, that great UK ideas have always fared any better (ZDPs, Technology ITs, Ostrich farming, and BES investments in wine cellars).

As my old Dad said, 'If it sounds too good to be true ...'.

Reply to
GSV Three Minds in a Can

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