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Robinson franklin is a scam

Discussion in 'Non-Forex Scam Alerts' started by BuyerBeware, Mar 3, 2012.

  1. trueblue1980

    trueblue1980 Recruit

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    There's also a thread about Robinson Franklin on MoneySavingExpert.com which is less than flattering about Robinson Franklin. I've also been reading the blog that T-Strath linked above which offers as much confirmation as you can get. Will look at Complaints Board. Dread to think how many victims are out there.
     
  2. kurgan

    kurgan Recruit

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    Thats all fine, but none of you gives anything concrete on this. Tips taht I got from them were spot-on. In your cases, did they stop answering calls? Did they refuse to act on your stocks liquidation? I might be one of those victims, still in denial...
     
  3. BuyerBeware

    BuyerBeware Private, 1st Class

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    Let me guess you received a cold call out of the blue from an Englishmen living in shanghai?

    Who just happened to have some brilliant stock tip, although he has never ever done business with you before or for that matter spoken to you before he could tell this was for you?????

    The then asked you to deposit your money in an escrow account with no visible link to the company at all, Cyprus perhaps???

    If the were legitimate the would have had a representative on this site yonks ago.

    Denial is probably not the word for it.

    Anyway if you could post all your dealings with this company and please record any future conversations , then posting them here that would be a great help. Your money is gone so their is no point getting angry, just get even. Lead them on that your prepared to send a whole heap of money but you are worried about what you have read here and lets listen to them wriggle out of that one.
     
  4. BuyerBeware

    BuyerBeware Private, 1st Class

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  5. Pharaoh

    Pharaoh Colonel

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    Spot on tips where you verified through independent sources, or spot on tips where they told you "We bought those shares for you and we now see that the price is exactly what we predicted. Now send us the money so we can send you money."

    I think the script goes something like this:

    Hi there. You don't know me. I represent a very impressive investment company with the world's best track record. You can read about how great we are on our website. Since we've now known each other for almost 30 seconds, I'm going to give you the opportunity of a lifetime. Don't send any money now. Just say yes and I'll get you 10,000 shares of PharaohStock, Inc. for only $1 a share. I predict it will reach $5 a share within 2 weeks, and my predictions are never wrong. I'll bill you for the $10,000 only after the stock reaches the target price, so you aren't risking a cent.

    Since PharaohStock, Inc is traded off exchange, you'll just have to trust me about what the current price is. ;)

    Good news. The stock hit the target price. Send that $10,000 now, since it could go back down in a few days. I also have some other investments you should look into before asking for your money back. Why settle for $50,000 when you can make another $200,000. You will need to send a small additional amount to secure this opportunity. Please wire $20,000 within 3 days.

    Congrats. You've invested only #30,000 and there's now $250,000 worth of stock in your account. What? You want to close the trades and withdraw it instead of investing more in another one of my spot on predictions. OK, but I'll need the token sum of $5000 wired in for some special taxes, fees, AML certificates, etc. Once I have that, I'll send your money the following week.

    Good news. Someone in the office misunderstood you and went ahead and reinvested your $250,000. Your account is now worth over $600,000. I will only need another $10,000 from you to close out your positions.

    I wish you had sent that $10,000 faster. That stock price took a tumble and your account is back down to only $15,000. If your money had only arrived 1 day earlier. What do you mean you're going to report me? My company has a sterling reputation and thousands of satisfied clients. It says so right on the website. I've got another opportunity for you that will make back all your money in a week. You just need to send . . . What? You won't send any money and you've already filed a complaint with the authorities and posted about this online. How dare you say bad things about my company. Our lawyers will sue you. If you don't remove those posts and complaints right away, I won't even send your $15,000. You obviously aren't smart enough to understand how real investing works.


    (The number you have dialed has been disconnected. Please check the number and dial again.)

    Hello. You don't know me. I'm from SomeOtherBroker. The authorities closed down a very bad brokerage that you had an account with. They were lying to you about the prices of stock. The good news is that you still have shares and they are worth $400,000. They've been rolled over into a new stock that is expected to double within a week. It makes me so glad that I can help the people who that other company tried to rip off. I'll only need $20,000 to cover all the taxes and fees before sending you your money.

    There's a simple way to find out very quickly if you are in denial. Attempt to withdraw more money than you've put in without sending any more money. A Ponzi scheme sometimes lets some people make a profit, especially early investors who will then be used to recruit others. A typical stock boilerroom scam only takes money and virtually never gives any out. The one exception would be if you've put in a lot and demand a token amount out before putting more in, they just might send you a very small quantity just to lure you into sending them more. The amount they might be willing to send (if any) will be much less than the amount you've already sent to them.
     
  6. T_Strath

    T_Strath Recruit

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    my dear kurgan. I'm not really up on internet parlance but believe you may very well be what is called a troll. I doubt whether you have really invested in this company and, in fact, suspect you probably work for them instead.

    If you truly are a victim then I apologise - but if so you really are in denial
     
  7. trueblue1980

    trueblue1980 Recruit

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    Is the blog really not concrete enough? The blogger seems to know an enormous amount of detail so I am happy to believe. I am inclined to side with TStrath's suspicions. For your sake I hope you are a troll.
     
  8. kurgan

    kurgan Recruit

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    no I'am no troll, whatever you mean by that. I am just curious why there are no details of the bank through which the money went, names of RF staff that lied to you, addresses, phones, accounts and more details of the whole alleged crime because as soon as I uncover that my money is lost I will post all those details here. Is it possible I am the only one thinking like this, or I am the first person they scammed? Unlikelly, as I started with them in 2011. Anyway, my case is ver5y close to be closed, so watch out for my conclusions in the next week or so. This is a first hand experience from the other side of the Globe from them. And NO, I dont work for RF.
     
  9. trueblue1980

    trueblue1980 Recruit

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    Kurgan, what do you mean by this? Have you invested money and are now waiting for a return? Or have you issued a complaint about Robinson Franklin and are trying to get your money back? I'm afraid your last post confused me somewhat.
     
  10. kurgan

    kurgan Recruit

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    Yes I invested, now they tell me I have to pay tax and other expenses but I am sending nothing more to these scammers. I am trying through other channels to get my money, and thats only reason why I dont list all their names, phones, and everything I know on them, which I will. I have even recorded some conversations, and know little details like phrases this guy uses etc, he is smoking almost constantly while we speak, so stupid of me - who smokes nowadays in his office while talking 000's of $ with a clinet - guess its forbiden even in Jakarta. How do you know they are in Jakarta? Not because someone here just said they are - he could be one of them - give some details like this below:
    can anyone make anything out of this - irts an IP address they use for emails correspondance - server is in Panama but that proves nothing still.
    RF i will get you - I WANT MY MONEY BACK!!!!!!!

    Received: from server.anonymous-hosting-service.com
    (server.anonymous-hosting-service.com [93.174.93.203])

    Received: from robinso5 by server.anonymous-hosting-service.com with local
    (Exim 4.76) (envelope-from <robinso5@server.anonymous-hosting-service.com>)

    X-PHP-Script: Robinson Franklin | Investment Solution and Portfolio Management for 178.238.142.217
    From: <info@robinson-franklin.com>
     

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