Guest 653- Registered: 13 Mar 2008
- Posts: 10,540
I don't know how many of you own shares, whether in certificated form or with Crest.
I have a small portfolio of shares and some time ago I bought some from a share-dealing company called Pacific Continental, the shares were in a company called Access Point.
They didn't do very well and I forgot I had them until a couple of months ago, when a company called Atol Consultants contacted me to say they had been contacted by a company who wanted to buy all these shares, so they (Atol) were commissioned to contact all the owners of the shares, to ask if they would like to sell them.
They were a special category of shares, that could not be sold on the open market for a year, which back then was not a problem.
They offered me $7.95 per share and I had 13,000 odd which made something in the region of $105,000 - a good sum I thought and would help tremendously.
The catch was that I had to pay them 65p per share to get them changed into the correct format and re-registered with the new company.
I did a few checks and phone calls (including to Barry on here as he is a financial expert) and although I suspected it was, it turned out to be, a scam.
I have informed the FSA and another body, giving then all the details.
The purpose of this posting is to give warning to people really - if it looks too good to be true (and it did) then it probably is - and this was.
Check it out, don't take anything on trust and don't part with your hard-earned money.
Good Luck.
Roger
Brian Dixon
- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
thanks roger good advise there to.
Guest 653- Registered: 13 Mar 2008
- Posts: 10,540
Thank You Brian.
Roger
Just to re-iterate. We run the local Neighbourhood Watch, and the number of scams reported is phenomenal. They are always telling us, if it seems too good to be true it probably is. This applies to gold purchasing, security systems, yachting holidays, environmental control.....
Guest 690- Registered: 10 Oct 2009
- Posts: 4,150
Roger, you should sell all your shares and invest it all in derelict building`s. Much more profitable I`d have thought.
Tell them that I came, and no one answered.
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
You have a lot to learn about investment Colin!!!
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
colin is having one of his jokes barry.
i know all about serious investment barry, sent my coin jar to a nigerian prince that promised as soon as he got his inheritance i would get a brown envelope full of 50 quid notes(just to avoid tax).
must have got held up in the post.
Guest 690- Registered: 10 Oct 2009
- Posts: 4,150
Lloyds bank take care of mine Barry. But seriously above, I thought property owners bought buildings for investment, then just sat back till the value went up.
Tell them that I came, and no one answered.
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
Banks Colin - really? you surprise me, surely no-one trusts banks these days with anything other than a current or deposit account with less than £50k in it...