Fraud Forum
Frauds discussed

Home » Companies » Trans-National » Swiss Equity Trust AG
Swiss Equity Trust AG Thu, 13 October 2005 10:35 Go to next message
brucy5 is currently offline  brucy5
Messages: 7
Registered: October 2005
Junior Member
Swiss Equity Trust AG from Switzerland have contacted me way back in 2002 in connection with Ergolabs inc. After many phone calls they managed to convince me to acquire shares in this company. Then in 2003 I received a letter informing me that Ergolabs inc. has been acquired by Trimfast Group (Pink Sheets stock symbol: TFTG). According to the said letter the shares were resticted for trading for 1 year. I have contacted SET several times but never got a reply. Trimfast looks like a shell company with basically nothing in it. After accessing its SEC filings in www.pinklsheets.com , ergolabs is never mentioned as an acquisition of Trimfast group. From the accounts filed, Trimfast is basically a worthless company.

I have reasons to believe that Swiss Equity Trust SA is somewhat related to Trans-National Equity & Trust SA also based in Switzerland who apparently is undergoing a criminal investigation.

Anyone who has some information, please come forward and discuss the matter more in detail. Let's not leave these fraudsters get away with this one!!!!
Re: Swiss Equity Trust AG Wed, 29 November 2006 05:15 Go to previous messageGo to next message
gpnnicolaidis is currently offline  gpnnicolaidis
Messages: 1
Registered: April 2003
Location: Geneva. Switzerland
Junior Member
I just happened to see your old posting today. This may be useful:

Swiss Equity Trust Gmbh is listed as authorised distributors in Switzerland . Pls see http://www.ebk.admin.ch/e/institute/pdf/eflvervt.p df page 15 out of 17 by Swiss Federal Banking Commission, Switzerland’s watchdog, similar to the
SEC in the USA.

Regards,
George





George
Re: Swiss Equity Trust AG Wed, 29 November 2006 06:21 Go to previous messageGo to next message
brucy5 is currently offline  brucy5
Messages: 7
Registered: October 2005
Junior Member
Hello

Thanks for your posting George but I was referring to Swiss Equity Trust AG not Swiss Equity Trust Gmbh. As far as I know SET AG are no longer in operation. SET AG was a scam that did not last very long but they still managed to defraud a number of people way back during year 2002.


Re: Swiss Equity Trust AG Wed, 29 November 2006 06:25 Go to previous messageGo to next message
Admin is currently offline  Admin
Messages: 32
Registered: April 2002
Location: Newtech
Member
Administrator
Hi

You should probably contact a person / company in Australia, who is heavily involved in the Transnational case:

Quote:


Dr Paul Morjanoff,
Managing Director
Financial Recovery and Consulting Services (FRCS) Pty Ltd,
P.O. Box 28, Avalon,
NSW, Australia, 2107.
Phone: +61 2 9918 8647
Fax: +61 2 9012 0066
E-mail: FRCS@tpg.com.au


Good luck
Dag
Re: Swiss Equity Trust AG Wed, 29 November 2006 07:33 Go to previous messageGo to next message
brucy5 is currently offline  brucy5
Messages: 7
Registered: October 2005
Junior Member
Thanks a lot Dag
Re: Swiss Equity Trust AG Mon, 07 May 2007 14:58 Go to previous messageGo to next message
inpa is currently offline  inpa
Messages: 1
Registered: May 2007
Location: Scandinavia
Junior Member
Hi brucy, I was wandering of you made any progress in this matter. Looks like I'm a victim in the same situation.
Regards inpa
Re: Swiss Equity Trust AG Tue, 08 May 2007 04:10 Go to previous messageGo to next message
brucy5 is currently offline  brucy5
Messages: 7
Registered: October 2005
Junior Member
Hi Nils-Petter

I suggest you contact the person/company suggested earlier in this forum.

Regards
Re: Swiss Equity Trust AG Wed, 31 October 2007 17:01 Go to previous messageGo to next message
johnaitch is currently offline  johnaitch
Messages: 1
Registered: October 2007
Location: UK
Junior Member
I am in contact with Paul Morjanoff of FRCS (www.infrcs.com) and am impressed with the progress being made in the TNST and Price Waterhouse scams. There is no charge for registering with him and irrespective of whether or not you contribute financially to the cost of the ongoing investigations your claim for losses will be pursued - though naturally costs will be deducted from the payout.
Re: Swiss Equity Trust AG Fri, 02 November 2007 05:27 Go to previous messageGo to next message
brucy5 is currently offline  brucy5
Messages: 7
Registered: October 2005
Junior Member
I have in contact with Dr Morjanoff for more than 2 years and I can confirm what John said in the previous post. I suggest that anyone with claims against Trans National Securities & Trust SA or Swiss Equity Trust AG makes contact with him.
Re: Swiss Equity Trust AG Tue, 18 March 2008 06:17 Go to previous messageGo to next message
maclir is currently offline  maclir
Messages: 1
Registered: March 2008
Junior Member
Hi

I, too, have been a victim to this fraud.
Still in possession of the ERgolabs/Trimfast grouops (worthless???) shares.

Do not know what to do...
Re: Swiss Equity Trust AG Mon, 24 March 2008 05:06 Go to previous messageGo to next message
brucy5 is currently offline  brucy5
Messages: 7
Registered: October 2005
Junior Member

I suggest you contact Dr Morjanoff. See contact details above. He is representing former victims including those related to Swiss Equity Trust AG. You may then decide to join the group.
Re: Swiss Equity Trust AG Thu, 02 December 2010 05:21 Go to previous message
AnnabelleR is currently offline  AnnabelleR
Messages: 3
Registered: November 2010
Location: Usa
Junior Member
The Financial Services and Markets Act 2000 (FSMA) sets out one of the FSA’s regulatory objectives as protecting consumers.

This warning list includes unauthorised overseas firms that the FSA has received complaints about in respect of their activities and/or the FSA has reason to believe they are involved, or have been involved in, activities that contravene section 19 and/or 21 of FSMA.

Such firms are often involved in ‘boiler room’ activities and pose a high degree of risk to consumers. They frequently engage in tactics including cold-calling members of the public offering shares that later turn out to be worthless or high risk. The callers can be very persistent and extremely persuasive. If you are cold-called by an unauthorised overseas firm in relation to stocks or shares, you should be extremely careful. If you are contacted in such a manner, the FSA advises that you simply terminate the telephone call – the most effective protection against such unauthorised firms is to have nothing to do with them.

The list of unauthorised firms is by no means exhaustive as new names are regularly added. The absence of a firm’s name does not necessarily mean they can be safely dealt with. Consumers need to be aware of the dangers that are posed by such unauthorised entities.

Further guidance and information on the dangers posed by such firms can be found on Moneymadeclear.


Next Topic: Background
Goto Forum:
  


Current Time: Fri Sep 18 17:03:18 EDT 2020

Total time taken to generate the page: 0.01321 seconds