FRAUD WARNING – SPARTAMATRIX-
People with cash to invest should beware of SpartaMatrix which has either recently revived its activities or was never closed down. It is of course a boiler room, started by Paul Richard Bell, one of the Bangkok Five ‘Wolves’ and operates out of the Philippines.
It has a very fancy website and boasts that it is approved by the Western Intelligence Community and the United States Department of Homeland Security and the Australian Securities and Investment Commission (ASIC).
This is a bit odd because it does not seem to be registered with financial regulators in the United States, where it allegedly has its headquarters (Wilshire Boulevard, LA). It’s up on a Hong Kong Securities and Futures Commission warning links, and it’s not registered in the United Kingdom, where currently it is promoting investment deals.
By the way that address of Wilshire Boulevard is, yes you have guessed, a serviced office.
I would not be totally surprised if it was registered with ASIC, knowing their current track record - but no I searched ASIC and five other Australian government websites and not a dicky bird.
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| Look here are SpartaMatrix officials with Croatin President Ivo Josopovic. Ok they all look like they could be the President of Croatia but Ivo is the blond guy with the straight tie. |
An enquirer, Sue, writes from Britain: “My husband is totally fooled by them as are a number of others in UK - all have given them too much money to want to see the truth. I am utterly convinced they are a fraud, too many deadlines come and go on a yearly basis and the promises get every bigger for 'just a bit more money'.
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| Here's what you get when you follow their link to the Department of Homeland Security |
Sue says she has complained and but bosses Skype her and tell her she is ruining the company. That’s an old tactic.
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| This is what you should get. |
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Actually they appear to be based in Boracay in the Philippines – which seems a nice enough place to sit back and earn your winnings.
And that of course reminds me of a Canadian called Steve Burt/ aka Steve Sharpe, who ran away from a boiler room operation in Bangkok, after tipping off police (bent ones unfortunately) and fled to the Philippines having been offered a job with SpartaMatrix.
He never suspected anything even when he was given a false French passport in the name of Max Klein, to leave Thailand with.
He never suspected anything even when he was given a false French passport in the name of Max Klein, to leave Thailand with.
(He knew the boiler rooms had contacts in Thai Immigration Police)
DRUGS, SEX, RAPE, LOADSAMONEY AND BOILER ROOMS
And now we come to Paul Richard Bell. Who is he? Well in 2001 he was arrested in Brisbane, Australia, for boiler room scamming in connection with International Asset Management. The picture above shows him in Pattaya being welcomed into the Pattaya Optimists Club, started by another American Drew Walter Noyes. Now that name rings a bell. Noyes is currently on trial in Pattaya for extortion.
#SpartaMatrix, #DrewNoyes, #PaulRichardBell
And now we come to Paul Richard Bell. Who is he? Well in 2001 he was arrested in Brisbane, Australia, for boiler room scamming in connection with International Asset Management. The picture above shows him in Pattaya being welcomed into the Pattaya Optimists Club, started by another American Drew Walter Noyes. Now that name rings a bell. Noyes is currently on trial in Pattaya for extortion.
#SpartaMatrix, #DrewNoyes, #PaulRichardBell