Heron Global Partners acting as broker for Diamond Construction and Renewables

singh2080

when is the best time to call

verybigchris

singh2080 wrote: »

when is the best time to call

Probably after you've read up on Fraud Recovery Fraud and considered whether contacting an anonymous forum poster offline is a wise move.

CRichey

Hi,

Thanks for sharing this.

I'm in the same boat. Do you think we will get the money back? Is it worth taking legal action?

Regards

Carl Richey

Ross_Graham

The DCR Investor Support Group is legit. Contact the group if you have any questions.

bail-in

bowlhead99 wrote: »

Although technology advances have allowed huge swathes of dodgy websites and spam emails to come into being - at least with so much information at your fingertips about what legitimate regulated investments look like these days it should be more difficult to get caught unawares. The connected-ness and online-everything these days gives you more time in your life for proper research and much easier interaction with legit businesses so you don't need to fall for cold callers and dodgy ads.........
So, certain types of scams are naturally dying off and being replaced by new evolutions of con-artistry. But the old ones - such as 'give me money for an investment that I might not actually make' or 'give me money with a guaranteed return which I will pay out for the first few years using the deposited money from new suckers while skimming off your capital for myself' - have been going since well before Mr Ponzi made them famous almost a hundred years ago.

Regarding your last sentence, although not strictly like pyramid schemes, it appears corporate trusts re fixed term unregulated investments, eg.mini bonds, often do not protect investors in practice neither during term nor if a corporate bond investment fails regarding asset recovery etc. Also there is no legal requirement for issuers of unregulated investments to disclose evidential info about how the issuer intends to pay the term interest, to bondholders other than a description in the bond prospectus although there is often a glowing promotional website. Although even banks who legally own your money in return for a promissory note do not have to tell investors where the money is invested. To add to this legal failure, which makes it easier to siphon off investor capital, there is no legal or equitable right in such investments for investors, beneficiaries nor even the trustees of a corporate trust to monitor the capital investment to see that it is being used for stated purpose. Even if this was so, undoubtedly unscrupulous issuers would get round it in one way or another to siphon off the investor capital before the end of term.

Malthusian

@bail-in: You're thinking of Ponzi schemes, not pyramid schemes. The two are very similar (in that both rely on a constant flow of new mugs, and collapse when it dries up) but there is an important difference. If you are encouraged to recruit others into the scheme and earn money when you do so (or when your recruits find other recruits), it's a pyramid scheme. If you don't recruit others but sit back and wait for the scammers to pay other investors' money into your bank account, it's a Ponzi scheme. If there's an element of both it's a pyramid/Ponzi hybrid.

Those minibond issuances that have turned out to be scams are pure Ponzi, as far as I'm aware.

badger09

How kind of Belindaknowles to resurrect a thread after 10 months, to share a (almost certainly) dodgy link with us

:spam: button time

ColdIron

Word for word copy and paste jobby from many other web sites

le_loup

Must think we're barmy.

silverwhistle

reported..