Wallstreet Asset Management
Attempting To Perpetrate a Stock Fraud?

Wallstreet asset management have been cold calling UK investors with promises of wealth, from a company which has been in existence for many years. They start with a friendly chat about how they want to prove themselves, and how they can make you money with even a very small initial investment.

It is believed that they are trying to sell stocks in the UK property market, which is a new twist, although more details on these stocks will follow once more information has been found.

Their web site claims that they are based in Frankfurt, Germany, but the likelihood of this actually being the case is very small.

A study of their web site details reveals that they give a New York address, but that they have used throwaway Yahoo email address as a contact, and the site was only registered a month ago. This gives a lie to the claim of their longevity as a Company. It is incomprehensible that a Company involved in stock would only have created a web site so recently. The domain has only been registered for 12 months, so they do not appear to want to be with us for the long haul.

There is an ongoing dialog about Wallstreet asset management at the Boiler Rooms UK forum.

As usual, you must exercise extreme caution when dealing with these people.