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About The Fraudsters

People behind Source One International, Mann International, Cornerstone Worldwide, Pro Capital Management, Eurasia Trade, Interactive Trade, Anderson Shaw Group, Vantage Capital International, Pharos International and other so called ''brokerage companies" are a fictitious boiler room entity. They gather telephones from the Internet and contact their potential victims outside the USA. They claim to be a brokerage company with office for example in Tokyo, Japan or Hong-Kong. They will provide you with quite good stock recommendations. They will be deceiving you and build up your trust with very long phone calls and substantive talks about stock exchange markets.

You will be asked to make transfers to offshore bank accounts. In every case the account holder name will be other than the fraudulent company that is contacting you (for example Halo Group International Ltd., Sharp Courage Global Limited, Getaway Group International Ltd., Pinnacle Group International Ltd., Easy Progress Trading Ltd., and several others) and account will be located in some bank at Taiwan, Cyprus, in India, Mauritius, etc.

If you ask them why there is a different account holder you will hear a story about offshore operations to avoid taxes. If you still don't believe that you have scammers on the other end of the phone line - ask them for any registration documents of the brokerage company (law requirement) - you will not get anything beside fake names and individual broker’s license numbers at FINRA.org or similar.

Generally everything will be fine as long as you will be sending money to them. They will regularly contact you with new and new offers. Problems will arise when you will request a withdrawal of money from your account. One common explanation why you cannot receive your money and you have to pay very high penalty fees or make a "make up transaction" is a violation of T+3 due date rule (you can read about it here at U.S. Securities and Exchange Commission website). Of course this is a complete lie. U.S. SEC does not have any jurisdiction over brokerage companies from outside the USA. And even if you would have to pay any fees, they should not be higher than few tens of dollars. You can read about that in SEC statement.

Remember - they will do anything to put you under time pressure and make you to send them more money!

Another thing are scammers offices. In reality they are rented virtual offices with nice looking address - nothing more. For example addresses used by Source One International: Level 11, Aoyama Palacio Tower, 3-6-7 Kita-Aoyama, Minato-Ku, Tokyo 107-0061 Japan, by Mann International: Level 7, Wakamatsu Building 3-3-6 Nihonbashi-Honcho, Chuo-Ku, Tokyo 103-0023 Japan, Cornerstone Worldwide: 129 Hibiya Central Building, 1-2-9 Nishi Shimbashi, Tokyo 105-0003, Pro Capital Management: 26-28 Nihonbashi-Hakozaki-cho Chuo-ku, Tokyo. Those are virtual offices buildings administered by Servecomp Japan rental company (direct link for Source One office, link to Mann office, link to Cornerstone office). Google the name of the building with your "brokerage company" office and check for your-self.

Domain names used by fraudulent "companies" are located on strange and not popular servers. SourceOneInternational.com is maintained at Cybercastco.com name servers located in Panama, SourceOneInternationalMail.com is on hongkongdns.com name server located in Singapore. MannInternational.com is on ip-sg.net name server, MannInternationalMail.com is on china-dns-hosting.com. You can check any .com domain info by using commonly available free-of-charge WHOIS services, for example whois.domaintools.com.

Fraudsters can also provide you with contact to fake securities authoritiy that can verify the fake brokerage company. For example Securities Intermediary Bureau in Hong Kong. In case of any doubts - checl all entities with national official financial authority (Securities & Futures Commision in Hong Kong, Financial Services Agency in Japan).

I have been contacted by other "brokerage company" - what should I do?

Check their credibility. And if you have any doubts - do not do ANY business with them. If you see any similarities to Source One International, Mann International or other mentioned fraudulent companies please and let us know about them by contacting us.

Go through this checklist:

  1. Ask your company to give you registration numbers with information where you can verify them.
  2. Go to International Organization of Securities Commission (IOSCO) and search for securities commission of the country from which supposed brokerage company is operating from and securities commission of the country where the market on which they are operating is located in. Contact these commissions and ask do they know anything about your brokerage company and is it on any alert list. Ask also does place pointed to you for registration numbers verification is legit.
  3. Google for cold caller alert lists with the name of your company.
  4. Google address of your brokerage company office (especially the building name). Is it a normal or virtual office, maybe some living building?

If there is a problem with at least ONE point from this list = RED ALERT! Do not do ANY business with them and send warning information to all your friends, post on your Facebook and any forum which you are using (there is always some general topic, hydepark or off-topic area). Inform us about the situation by contacting us.

Check this section right-menu for detailed information about each fraudulent company.