Report: #157691

Complaint Review: Cipher Securities International - Geneva

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Ripoff Report is Xcentric Ventures

Submitted: Tue, September 20, 2005
Updated: Tue, September 20, 2005
Reported By: — Honiton Europe

Author Confirmed

Why?

Cipher Securities International 18 Avenue Louis-Casai CH-1211 Geneva, Togo

Phone: 041-1580 3285
Web:
Category: Investment Brokers

Cipher Securities International ripoff Geneva

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This company approached me to buy shares at discount prices in Regal Technologies US:RGTH. I did and then purchased more.

They turned out to be otc restricted shares and when questioned the sellers said that the companies were in the process of being taken over and when this happens then the shares would be converted to that company's shares and then we could sell them on the open market without restriction.

The take over date for regaltech was 17th September and when questioned were told the end of the week. I think we are victims of a scam and would like to know if you know of this company or anyone who has been conned by them.

John Flisher
United Kingdom

John
Honiton
United Kingdom

This report was posted on Ripoff Report on 09/20/2005 04:34 AM and is a permanent record located here: https://www.ripoffreport.com/reports/cipher-securities-international/geneva/cipher-securities-international-ripoff-geneva-157691. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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