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Monday, August 16, 2004 Contact:Stacia Dahl |
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International Scam Targets Helena, Montana as International Information Source Royal Acquisitions, Inc. and International Securities Regulatory Commission appear fraudulent (HELENA)
The Montana Securities Department has received multiple
international inquiries regarding Royal Acquisitions, Inc. and the
International Securities Regulatory Commission.
Royal
Acquisitions has been contacting individuals in Australia, New
Zealand and the United Kingdom offering to purchase shares of stock
from the individuals, otherwise thought to be worthless.
But in order to sell the stock to Royal Acquisitions, the
investors must send them 10% of the total purchase price to be paid,
as a supposedly “fully refundable” Investment Verification
Credit. Royal has been advising investors to
contact a website for the International Securities Commissioner for
verification that Royal is a valid corporation.
The telephone number, local to Helena, appears to switch to
an international connection. Website
and physical addresses provided by Royal Acquisitions appear to be
fictitious. There
is no International Securities Regulatory Commission in Montana.
The Department can find no record of Royal Acquisitions, Inc.
or the International Securities Regulatory Commission ever
registering or conducting business from this state, in any capacity.
Royal Acquisitions, Inc. is not
authorized by this state to purchase shares of System Pros,
International or any other stock.
The
recent globalization of the world financial markets has fueled not
only a high demand for U.S. stocks, but also an equally high level
of international fraud. The
Montana Securities Department suggests investigation of any
investment opportunity before you invest. For any questions regarding insurance please call the Montana State Auditor's Office at 1-800-332-6148. |