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Black and White Investments - Another Boiler Room?Black and White Investments have been cold calling UK investors with high pressure sales tactics and very plausible rhetoric. Not withstanding the fact that Black and White Investments are on the FSA warning lists, the fact that these tactics are being employed and that they are cold calling UK investors at all, should be enough to convince you to tread very carefully in your dealings with them. A closer examination of their WHOIS information, reveals that they have hidden their details, cloaking themselves in anonymity. One must ask oneself, why a legitimate company, especially one in dealing with people's investment in shares and also their trust, should choose to hide their real identity away? What is there to hide? Perhaps they are not who they say they are! A slick and profession web site such as they use should not disguise the reality of what is going on. One of the stocks being peddled by these people is Global Sciences. It goes without saying that you should be very careful before entering into any transactions negotiated by Black and White Investments. Be particularly wary of the tricks and manipulative conversation that they may engage you in. It is not unusual to be told that you should wait until they receive notification that the stocks that you are buying are on the move. The notification always comes of course. They may even attempt to offer you what appears to be credible proof. Apart from warnings by the FSA, there are also warning from the Danish and Dutch regulators about the activities of these people. There is an ongoing discussion on Black and White Investments at the boiler rooms UK forum. |
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