Hi I am very very new in dealing with the share.
I registered my self somewhere and one company cdequities Broadgate Tower
201 Bishopsgate
London
EC2M 3AB
United Kingdom
Call me everyday to give me a good tips and telling me about the shares.
Yesterday he told be about GSK in newyork exchange that they will increase upto 40% in 90 to 100 days.
As i agreed over the phone to buy 50 shares of GSK @ 32.70$ and he give a contract in the pdf format .
As he said they don't issue certificate because its for short term and yours money will in anonymos account in bank of america.
As i got the bank detail to transfer as i am wondering is that the scam or the way shares are dealing always.
If you hand over your money and are not added to the share register, then you have no claim of ownership on your shares. Also, did they not tell you what the buying cost of these shares was, or the fee they're charging for the recommendation?
Do not give these people a penny until you find out more
Decided to post this as there was a similar post earlier which is now locked.
I received a similar call from an agent selling GSK shares at a discount and with the immediate margin on the buy I became interested. The paperwork was sent out to me and I did a background check on both the seller and the intermediary broker. Neither companies do not appear exist when checking the internet. The broker rang again today and began telling me how they're registered in Switzerland... this is quite easy to check from the Swiss Federal CRO... companies do not exist!!
New to this so not sure if I'm allowed post the names of the companies involved up but if so, would be good as a warning to any others recieveing these calls.