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Thu, 17 August 2017 02:36:59

Fraudulent Website Global Investor Alerts Cloned Again?

Reports of a new scam in the financial investment world have surfaced around, a website involved in helping the victims of other investment scams seek legal retribution and compensation. has allegedly been connected to a network of fraudulent investment schemes involving several cloned websites utilizing the same scheme and website framework to scam victims out of several hundred dollars of supposed legal fees. While boiler rooms and advance fee frauds are nothing new, this brand of scams involved setting up the fraudulent premise of a non-existent class-action lawsuit, financed through victims of another scam. Earliest news of this operation involves, which supposedly perpetrated a 'legal fees' scam involving a supposed class action law suit against Midas Capital, for selling worthless pink slips to unaware investors. A victim of recounted paying a modest registration fee of $150, sent to an offshore bank account in Cyprus. As per reports on, after several more payment requests, the victim lost contact with, and all communication was severed. However, the apparently scheme did not end there. Research showed several other similar websites, including and, created under the same P.O. box in Fort Lauderdale, FL with the same contact numbers and the same Cyprus bank account. Upon a further investigation, it turned out that these details were furthermore connected to large European financial fraud cases against and, investigated by the European Financial Services Authorities around the same time that et al was involved in scams with several victims in the US, creating the alleged connection. An identifying factor for this scam was the usage of educational footage allegedly recorded by a Ms. Emilia Chidester, a well-known financial news anchor for Univision. However, evidence and contradicting statements led some to conclude that the Ms. Chidester featured in the videos on and other websites was a hired lookalike. Even though most of the sites related to this alleged scam were taken down, new websites seemed to pop up overnight. Examples include the now-cloned and, both of which are claimed to be vehicles for the same type of fraudulent activity, as reported by numerous victim complaints and fraud allegations on the popular trading forum Since word got out, the proprietors of these websites have become difficult to track down, with no identifying information connected to their domain registration or company information. Despite this, reports of fraud allegations continue to pile up around More on this as the story develops.




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