SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : VGAM - Virtual Gaming
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Anthony@Pacific who wrote (190)3/15/2001 10:11:44 AM
From: StockDung  Read Replies (1) of 216
 
Out cold Ever received an overseas phone call out of the blue from someone offering you an "investment opportunity of a lifetime"? They obviously know all about you, including your name and financial details, but you don't have a clue who they are or how they found out about you. Welcome to the world of cold calling!

These high pressure salespeople offer you the opportunity to make high returns by investing overseas. At first you may be tempted, especially in today's environment of low interest rates. But if you don't hang up, you risk losing your money.

One salesperson from the Tokyo-based Brinton Group rang our scambuster touting stock listed on Nasdaq, which was "expected to move strongly in the next quarter." He told our scambuster that "he was wanted as a long term client once he had experienced the return on his stock." The stock was "Virtual Gaming Enterprises Inc". Even though our scambuster emphatically refused the offer, he was later bombarded with letters from the company, once again stating that Virtual Gaming "was a strong buy recommendation."

Our advice: if you are offered an investment opportunity from someone you don't know, you should ask them who they are, where they are from and if they are licensed by ASIC to offer the investment in Australia. If they aren't licensed by ASIC, don't deal with them!

asic.gov.au
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News