Parker Forrester

[Scammer_Alert]

Parker Forester are not who they say they are.

They claim they are based in China (Shanghai) however, the e-mail addresses (under XX at parkerforrester . com) all come from Malaysia.

Another thing to take into account is that they claim there HQ to be in the USA, New York. However their main site frtrade . c o m is actually registered and going through an ISP in Panama.

I have contacted the FSA and they have confirmed thier false ID.

[Reaper]

We had sussed out they were bogus, apart from the odd fake supporter.

They are listed on the FSA "boiler room" warning list:
http://www.fsa.gov.uk/pages/Doing/Re...overseas.shtml

[Scammer_Alert]

To make more of a contribution to this thread, I have done some more research on Parker Forrester.

As mentioned in my previous post their active site pftrade . net is actually hosted in Panama, however their older site parkerforrester.net (previously . com) is registered in Malaysia under a guy named Jason Lin:

A simple web address search online yields the following results:

Jason Lin domainnames4 at yahoo.com
No 2 Taman Cinta
Bandar Mahkohra Cheras
Seremban
Negeri Sembilan 73200
MY
Tel. +606.4098341
Creation Date: 06-Aug-2008
Expiration Date: 06-Aug-2010
Domain servers in listed order:
ns116.ip-asia.com
ns115.ip-asia.com

Apparently this is not the only scam site which has been operating under this guy. The site DATACASHNOW.COM was just another scam advertising work in data entry (paidopps.blogspot.com/2007/09/data-entry-positions-available-scam . html). Another site called red-year.com is just another attempt to fraud with an "exotic" investment opportunity). The site is in german but a quick translator tool online will show their true colours.

It is possible of course that this Jason Lin is a non existent entity, but by simply googling his e-mail address domainnames4 at yahoo.com, will yield other fraudulent material used by "him".

[garyhicks]

On paper it looks like you have done well, have you actually had any tangible returns? Have you cashed in the gains?

Originally Posted by purple_heather_

PF have been looking after me for about 6 months and have made substantial % gains. They work on information not speculation and buy huge portions of shares at the right time to offer their customers good deals. Anyone quickly discarding PF as a spurious broker without reasonable enquiry is cutting off their own nose. Of course they're on the FSA list of foreign companies touting for business. They have to make this warning as anyone sending money overseas as is beyond their compass of reproach. The FSA have to cover their own backs so they can bleet the usual rhetoric "well, we told you so."

Initially I was sceptical about the legal footing of someone calling from Shanghai but investigation proved PK on the list of firms approved by the Chinese equivalent to the FSA and are subject to scrupulous audits. I spoke to UK customers, too. My worries were pacified when the % gains made by them testified to their inner knowledge. They're so bloody good at what they do they needn't be scammers. You can ask the perennial question "If they're so good why aren't they living on their laurels in Bermuda?" Besides financial gain, they love it and they're probably driven ambitious people.

The comments I've read on this page are sour grapes for the sake of it and not one writer has actually been ripped off by the real PF. Proactive companies DO cold call. Terrific deals DO exist. Legatimate companies DO appear on FSA lists.

If you're thinking of investing with PF do what I did: over a few months watch their three or four tipped companies share price rise. In March 09 they recommended Genworth (GNW) at $1.10. At the time of writing (June 09) they're almost $7.

If you think PK are con merchants look at them in a couple of years and you'll find they're still there trading from the same offices. Con merchants are transient and get closed down.

I hope you've found this helpful and your initial thought that I'm am PK employee is the same mode of thinking that will stop you investing and missing.

[Scammer_Alert]

Originally Posted by garyhicks

On paper it looks like you have done well, have you actually had any tangible returns? Have you cashed in the gains?

I have received absolutley nothing...apart from false promises. I always invest what I can afford to loose, so although I'm a little annoyed with myself for letting this one go through the net; I'm not in a desperate need to sell my house to regain my loses.

They are certainly fraudulent, as legitimate companies would not use my name as part of their e-mail address i.e.firstname.secondname at parkerforrester.com

If anyone has been stung by theme or anyother fake broker, the City of London Met are running Operation archway. As I cannot post links just google it, and submit their form.

Apparently if a minimum of 3 people contact them with details of the same company, they will take action.

Hope this helps anyone.

Cheers

[DNT]

I'm doing a little sleuthing on Parker Forrester. Everything I read here except for a couple say PF is all a scam. For those that have given money, have you ever received it back with the upside???

I'm aware of someone who has handed over lots of money to them recently. And the stock PF was touting has gone up considerably. His contact at PF has always gotten back to him. But when he started emailing his contact about selling the stock, there has been radio silence. Absolutely no response for weeks. The paperwork he recieved from PF I could have produced in Word very easily. Personally, I'm not one to hand over money to any firm that is not in my country, but people do stupid things when they have money to burn!
thanks.

[nrsql]

>> And the stock PF was touting has gone up considerably.
What does that mean? What is the market?
Could mean that PF have increased the amount they are trying to sell the shares they own for. i.e. the phantom value they offer the discount from to mugs - or maybe they've stopped trying to sell those shares so are trying to get more money out of existing holders by impressing then with the book profit they have made.

[Dubai]

I'm reviving this because I'd like to know if anyone has had any dealings with them lately? Anyone?

[pink pig]

"I'm reviving this because I'd like to know if anyone has had any dealings with them lately? Anyone? "

My partner invested in them but when he tried to get his money back they went quite now a new person is ringing to say they have sold the company and need to sort out his shares but he is tied into his shares so they will have to sell them to another brokerage firm and he will have to pay extra money to transfer them into another share. What a load of rubbish!

[Reaper]

Trying to get money out of you as an advance fee for taking worthless shares off your hands is the classic followup scam which a surprisingly large number of people fall for. If you were to pay the fee they would take the money and run.

[SCAMALERTER]

Parker Forrester are SCAMMERs

DO NOT INVEST
See this website
parkerforrester.com

BEWARE

[Reaper]

You have good information on that web site but sadly it will do little good. Anybody who does a Google Search on them will already find this thread ranked ahead of PF's own web site (that must annoy them!). Sadly most don't even do that elementary level of checking before sending off large sums of money, let alone check whether they are authorised by the FSA.

Also once PF get too well known they will simply change names and start again. Have a look at the FSA boiler rooms warning list to see just how many scam companies there are out there targeting UK investors. I'm afraid PF are just a drop in an ugly ocean.

Nice grabbing of the domain name though!

EDIT: tell you what - I'll link to your web site as that will give a boost to your search engine ranking. Here you go...
http://www.parkerforrester.com/

[SCAMALERTER]

Parker Forrester / pftrade.net are SCAMMERS.

check out www . parkerforrester.com

BEWARE

[SCAMALERTER]

Thanks for the link reaper,

I know it will probably never do any good , but there are so many boiler room scams PEOPLE NEED TO KNOW.

How these people invest without checking every avenue first is beyond me.

hopefully, it will save some poor soul losing there life savings.

BEWARE parkerforrester / pftrade.net

go to www . parkerforrester.com

[Coffin Maker]

If seems Parker Forrester know the shares scam is up and they are now trading as pf holidaytrading dot com, a timeshare scam. I have been conned by these people for many thousands of pounds and I am investigating them. If you have any information on them I would be grateful to receive it. I'm aware that they watch these forums regularly so I'm expecting some red herring emails.

[loukil]

Coffin Maker, sounds like your in the same situation as myself, this shower, Parker Forrester has conned me out of a substantial amount of money under their company name pftrade .net, they are criminals, and are currently being pursued by a large number of Europeans for their investments back, however they are based internationally which makes matters difficult. Check out website www. pfholidaytrading . net , this website gives details and a link to their previous operations

[bgifepl]

I also invested thru Parker Forrester. Started with Gary Talbot and later took over by Geoffery Mecham.
I have been trying to contact them and have not got any response. The place they used to operate from said they have moved out.
Does anyone have any way of contacting them. If this is a scam and someone has some leads, why hasnt the authorities got hold of them?

[Reaper]

Originally Posted by bgifepl

If this is a scam

There's no "if" about it

and someone has some leads, why hasnt the authorities got hold of them?

Because of the difficulty involved. The people you were talking to used made up names. The offices are likely to be nothing more than a mail drop, paid for in cash from people who don't ask questions. They will now shut up shop and re-open under a different name and a different address. They operate from within China so it would take international cooperation to track them down and even if they could be caught they would argue they did actually give you the shares you bought and so what if you paid over the odds for them it's a market isn't it?

[bombers2000]

I too was scammed , the "post box " in Shanghai may have moved but the people at the original post box are still there and subject to investigation by Interpol , Crime Commission and China Internal Affairs Police, likewise the remittance number in Hong Kong being tracked . It is my understanding those involved are still in China .

[malik999]

When you see the number of people that fall for these scams you realise just how lucrative fake emails and phone calls are.
Its a frightening situation.
Credit to the poster who registered the .com domain name and put up the warning.