• Report: #1046345
Complaint Review:


  • Submitted: Fri, April 26, 2013
  • Updated: Fri, April 26, 2013

  • Reported By: Paul — Brussels
Internet United States of America

FinancialFrauds.us EconomicFrauds.com INVESTORS BEWARE!!! Internet

*Consumer Comment: Paul,

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I originally bought some shares from a broker and I now know I was scammed.

I saw this website online, they use SEO techniques to get people to their site and it looks very much like they are a company operating a recovery scam.

They say on their website that they can help to recover any money that has been lost through a boiler room scam.

They say they are trying to warn people about fraud but they appear to be a fake recovery room scam. I'm not 100% sure but I think its all a scam, they started emailing me saying that they could help and then started asking me for donations.

It all seems a bit strange as there is no individual that I can contact, they do everything over email and they hide their domain registrar information.

There is a post on a site that suggests they use a DNS switching service. I am assuming that you need to be regulated to give investment advice, legal advice or you have to be registered as a charity to accept donations. . [continued below]....

I do not see any evidence they are registered online. I have tried emailing the BBB but I have had no response. It seems this website has been around for over 2 years defrauding investors that have been already scammed once.

They talk about regulators to give themselves some sort of credibility but it all seems strange that I cannot contact anyone in their company on the phone and they don't have a listed office. It looks like they go to great lengths to hide who they are.

If a company was legitimate wouldn't you be able to go to an office or call someone on the phone? I'm not sure who to turn to for help as I have emailed Google complaints, BBB, FTC but there has been no response.

This website needs to be shut down!

This is not the only website they have, they also have 3 other websites doing exactly the same thing:

EconomicFrauds.com, Investor-Alerts.org & Boiler-Rooms.org

This is the profile of the person pertaining to the site, I see no evidence online that this person even exists.


This report was posted on Ripoff Report on 04/26/2013 12:53 AM and is a permanent record located here: http://www.ripoffreport.com/reports/financialfraudsus/internet/financialfraudsus-economicfraudscom-investors-beware-internet-1046345. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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#1 Consumer Comment


AUTHOR: Karl - ()

Feel free to stay at this website and type in- STOP RUNNING RIPOFF, and click on Ripoff Report #269041 and scroll down to Consumer Comment #3 entitled "Blame it on a Lawyer" and read it for important information. That consumer comment was posted on August 21, 2007.

Thirteen months later, Lehman Brothers collapsed, the stock market crashed, and the financial system in the USA melted down. Several other large corporations were also on the verge of collapsing including General Motors, Chrysler, AIG, Fannie Mae, and Freddie Mac. The American people were forced to bail-out the failed system with hundreds of billions of dollars in taxpayer's money from the TARP.

You can 'Google' this- FRONTLINE: INSIDE THE MELTDOWN, and watch that documentary on the web for proof.

You can also type in 284134 at this site and click on Ripoff Report #284134 and read what is posted in Consumer Comment #1 for more important information. That consumer comment was posted ten months before the collapse, which occurred in September of 2008.

Conclusion: The Harvard Business Professor was correct.
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