Scam Busters

This group is for users who want to highlight and discuss investment scams, since the closure of the Good Money Guide Discussion forum.

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Professor Tim Wood WhatsApp investing group

Viewing 15 posts - 31 through 45 (of 369 total)
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Suspicious Participant

@Seeve Yes you’re right I only use my standard platform

gidoc Participant

That’s the 4th group – seems they are running the same con in each group
StationOne is not a genuine trading platform
You will also have some IDs trying to chat you up
It’s no more individual stocks now it’s only DMA trading
Beware I would say – am tending towards leaving

Soobee Participant

I agree I am going to leave too. I will stump up for Motley Fool I think!! Seems worth it now!!

gidoc Participant

@soobee- is motley fool subscription with it ?

Jaway Participant

I’m in FTSE 100 stock discussion G27. This is obviously a large scale scam as same names involved as the other groups mentioned here. They are pushing DMA and also another member of the group has tried to befriend me trying to sign me up to it. I think they are a bit suspicious of me

gidoc Participant

@jaway- yes similar scenario in other groups , we are only watching now- no DMA
Most Ids seem fake to me

Hooper1403 Participant

Hi, stumbled across this as I was looking for information about Prof.Tim Wood. I am currently in group C24 of these groups. I have been encouraged to download station one and sign up (which i have) but ive yet to deposit any money as so.wthing didn’t seem right. The prof is currently giving his evening seminar and seem sto be driving people into a big block trade tomorrow. I also have been privately messaged by a lady who was a little over friendly and being contacted by Emily Grace on multiple numbers wasnone red flag too many!

gidoc Participant

Typical fur all of us . I haven’t signed up
on StationOne yet , Emily keeps messaging me
DMA is the scam

Hooper1403 Participant

There are a number of people who have been unable to deposit yet due to some sort of deposit bandwith,so they have missed on the DMA trades so far while those who have been involved are raking in 10% profits daily. The next trade is tomorrow so you have the ones who have missed chomping at the bit to be involved

gidoc Participant

Part of scam

Soobee Participant

Most of those involved in the trades will be fake members. Most of the mobile numbers are Lyca mobile numbers Lyca is not that strong a network in the uk.

I note that we now have details of at least 6 groups run on the same basis. Each group has around 110 – 120 members each investing between a few thousands and tens of thousands. Do the maths! This is a huge scam which will net these crooks millions when they freeze the platform and no-one can get their money out.

I have reported it today to the FCA you should all do the same. We should also all report it to Action fraud here
https://www.actionfraud.police.uk/contact-us

Are we agreed?

gidoc Participant

Yes it’s a scam but I also think most on the groups are bots and not real people
Yes should report

Howzzatt Participant

I also am rather wary of this set up and am in FTSE 100 Stock Discussion L53 with 114 members 🤔
I have registered with StationOne … is this a legitimate trading platform as I done want to transfer funds to find I e been stung 🤔
Is the promise of block trades a red herring folks?

Seeve Participant

@soobee I agree with should report. They are smart

Howzzatt Participant

The trading platform XTB seems legit enough to me but these scammers have bottomless pits these days don’t they?

Viewing 15 posts - 31 through 45 (of 369 total)
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