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Hello my name is XXXXX XXXXX I will help you with this. Please note that I am a working Solicitor and may be on and offline as I have to attend Court and meet with clients, even at weekends. As such you may not get an instant response when you reply as this is not an ‘on demand’ live service, but rest assured I will be giving your question my immediate attention upon return. There is no need to wait here, you will get an email when I reply.
Did you lose this money please?
I paid$15150 on 19 May 2003 and a further $8332 on 28 October 2003. For Beijing Development coorporation and received share certificates. Some of this money was later transferred into Jade dragon Asset management shares 17000 for no further monetory eschange.
In short I lost $23482.00!
What is the name of the firm and where are they based please?
Investment Assurance Corporation, based in 70 West Madison Street, 1400 Chicago,
I have checked and can report as follows:
1) Their website was registered in July 2012 and is registered to an anonymous person, you would expect this to be regsitered to a Company.
2) They are not registered with the Better Business Bureux which you would expect them to be
3) A warning about them is on the Anti-Money Laundering Council of the Philippines: http://www.amlc.gov.ph/
All the above points to a scam.
If they were genuine they would NOT ask for money up front
Delete all emails and do not respond
Can I clarify anything for you about this today please?
This seems to accord with my impression. Thank you for your help and consideration.