Parker Forrester

steadysaver

gozomark wrote: »

Are you resident in the UK (and not a non-dom) - if so you appear to be committing tax evasion, and trying to encourage others to do likewise

The poor spelling and grammar suggests they are probably not.

gozomark

Unfortunately the opposite is true in my experience. People who learn English outside the UK tend to have better spelling and grammar...

dunstonh

you aint getting rich on ISA

ISAs dont make money. They are a just a wrapper for the investments you choose. You can put tens of thousands of investments into an ISA and its the investment that makes the money. Not the ISA.

The fact you dont know that and support a company that is acting illegally just shows that you are totally unreliable as a source of information on this board.

garyhicks

Has anyone that has actually invested received money back? Or is it perceived good returns based on a fund or share price currently? Have you tried to cash in your investments?

Dubai

I have joined MSE to make a simple comment.... why on earth are so many people sure that the FSA is their guardian??? It beggars belief!

Did they warn you about Northern Rock? Or that Icelandic Bank? or the Liar Loans that got the housing market into such a mess?

No, they didn't. The FSA is a tool of the bankers, nothing more. As far as I'm concerned criminal charges should be brought against them for allowing what has happened to the UK financial system over the last few years. Will that happen? Of course not. I would hope that a few investors could get together and bring civil charges against them, and sue for compensation.

Rollinghome

Dubai wrote: »

I would hope that a few investors could get together and bring civil charges against them, and sue for compensation.

As I remember it, no one lost any money with Northern Rock and nor did any one in the UK lose any money they had in the Icelandic banks - even though it known by savers that they weren't UK banks fully covered by the FSCS.

If you lost money in foreign banks then presumably you live outside the UK. So for what is it you require compensation exactly?

The boiler-room scammers prove that fools will always find ways to be parted from their money regardless of what the police, the regulators, general nurse-maids, or anyone else does.

dunstonh

why on earth are so many people sure that the FSA is their guardian??? It beggars belief!

The FSA are notoriously slow to react on things and tend to micromanage areas of low importance and forget to look at the important stuff. However, when they do act, you have to take notice.

Reaper

You can't sue for compensation if you haven't made a loss. If you were saving on-shore with the banks mentioned you have already received compensation of 100% of the amount lost.

If you mean investors then shares are risky and there shouldn't be compensation for them IMO. While the FSA did not do enough more to blame in my view was the rating agencies who gave so many banks AAA ratings that later went bust.

wingham

parker forester is a scam be ware!

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 [EMAIL="XX@parkerforrester.com"]XX at parkerforrester . com[/EMAIL]) 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.