Solaris Global Partners...

Nunu

I am a complete novice in the investment game, but am fully aware of scams etc. and am wondering is this one?

http://www.solarisglobalpartners.com/

How do I go about finding out if this company is legit?

My Dad received a 'cold call' from one of their representatives and has shown an interest and has had telephone contact on a handful of occasions(I know, I know:o). As a result he received the following e-mail:

Solaris Global Partners

Private Placements | Mergers & Acquisitions | Interim Funding


Dear *****,

It was a pleasure speaking with you!

It is imperative to confirm the accuracy of this transaction. Please verify the spelling of your name, address, and the purchase details, which includes: stock, quantity, and total amount.

Once confirmed please respond to this email that (Clients Name) is accepting and approving the confirmation invoice and would be proceeding with the banking as per the date stated on the invoice, in order for us to process your trade. Please note … no transactions can be processed until we are in receipt of this confirmation.

Attached is the confirmation of trade for your ### Shares of World Trade Center Of Aruba, Inc. at USD $ ### per share.

For your convenience the full banking instructions are on the confirmation form as well.

Welcome Aboard!


Kind Regards,


Compliance Dept
Solaris Global Partners
L.G. Smith 160, Ste 304—305
Oranjestad, Aruba-Dutch Caribbean
Phone / Fax #: ###-###-####

The following confirmation form was also attached(edited for privacy):

Date: 20-Feb-08 Client Account #: ####

Name:

Address:

Trade Date 20-Feb-08. Settlement Date 26-Feb-08
Trans# Buy/Sell Stock Share Qty Share Price Subtotal Trans Fee
Buy AWTC ### $ ### $ #### $ ####

TOTAL DUE: $ ####

PAYMENT INSTRUCTIONS

Beneficiary Bank: Bank of America
6261 PGA Blvd.
Palm Beach Gardens
Florida 33418

ABA: *********

Account Number: **********

In Favor of: World Trade Center Of Aruba
Boca Raton, FL 33431

Swift Code: ********

In order to ensure timely delivery of funds, please include all details as set out above.

To confirm receipt, please sign this invoice and email or fax it to ###-###-####.
Thank you.

Client Signature: Date:

Thomas_S_Hunterson

It sounds like a boiler room scam.

Ignore it

dunkamania

Its illegal to cold call in Ireland, so not legit.

portomar

Sean_K wrote: »

It sounds like a boiler room scam.

Ignore it

definitely. run dont walk away.

BendiBus

A quick Google shows they've been pulling the same scam in Sweden and the Swedish Regulator doesn't like it.

http://www.fi.se/Templates/Page____9343.aspx

Report them to our Financial Regulator. www.ifsra.ie


Edit: The Austrians are on to them too.

http://www.fma.gv.at/cms/site/EN/warnmeldung_detail.html?channel=CH0208&doc=CMS1193045074938

For further damning evidence, try googling on your own behalf!

Nunu

BendiBus wrote: »

A quick Google shows they've been pulling the same scam in Sweden and the Swedish Regulator doesn't like it.

http://www.fi.se/Templates/Page____9343.aspx

Report them to our Financial Regulator. www.ifsra.ie


Edit: The Austrians are on to them too.

http://www.fma.gv.at/cms/site/EN/warnmeldung_detail.html?channel=CH0208&doc=CMS1193045074938

For further damning evidence, try googling on your own behalf!

Thanks for posting and doing a bit of research.

Ye, found all this out yesterday, hadn't seen the austrian link, and have indeed reported them to the financial regulator.

Thanks for the replies lads;)

odriscollpj

I found some information about this firm, as I have heard of this company. One must be aware of all sorts of scams however this company after proper research seems very legit but I urge you to do your own investigation. The registration laws in Sweden and Austria have recently changed so they have issued warnings to over several hundred firms globally. On Solaris's website they have issued a press statement about retaining Salans in London to handle their registration with European countries (www.salans.com). As for the stock your father was considering to purchase World Trade Center of Aruba, they would get into a lot of trouble using the World Trade Organization's name, so I found the website www.arubawtc.com which openly names their board of directors. The security of Aruba World Trade Center along with Solaris Global Partnerts advertisement is posted on a recognized exchange www.ppdaq.com which I have seen on CNBC. Last I noticed that they listed an IBN and account information to send monies for Bank of America which is one of the biggest banks in the world. After seeing all this information there is nothing that would lead me to think that this company is fraudulent however you should do your own research.
-PJ

BendiBus

odriscollpj wrote: »

I found some information about this firm, as I have heard of this company. One must be aware of all sorts of scams however this company after proper research seems very legit but I urge you to do your own investigation. The registration laws in Sweden and Austria have recently changed so they have issued warnings to over several hundred firms globally. On Solaris's website they have issued a press statement about retaining Salans in London to handle their registration with European countries (www.salans.com). As for the stock your father was considering to purchase World Trade Center of Aruba, they would get into a lot of trouble using the World Trade Organization's name, so I found the website www.arubawtc.com which openly names their board of directors. The security of Aruba World Trade Center along with Solaris Global Partnerts advertisement is posted on a recognized exchange www.ppdaq.com which I have seen on CNBC. Last I noticed that they listed an IBN and account information to send monies for Bank of America which is one of the biggest banks in the world. After seeing all this information there is nothing that would lead me to think that this company is fraudulent however you should do your own research.
-PJ

A very reassuring first post :rolleyes:

Maybe you could confirm whether or not Solaris Global Partners is authorised to provide financial services in Ireland?

the arubawtc link doesn't work.
wtf is ppdaq?
the solaris website is hideously amateur (silly sounds!)

Google doesn't return a single valid business link to Solaris Global Partners.

Thomas_S_Hunterson

odriscollpj wrote: »

I found some information about this firm, as I have heard of this company. One must be aware of all sorts of scams however this company after proper research seems very legit but I urge you to do your own investigation. The registration laws in Sweden and Austria have recently changed so they have issued warnings to over several hundred firms globally. On Solaris's website they have issued a press statement about retaining Salans in London to handle their registration with European countries (www.salans.com). As for the stock your father was considering to purchase World Trade Center of Aruba, they would get into a lot of trouble using the World Trade Organization's name, so I found the website www.arubawtc.com which openly names their board of directors. The security of Aruba World Trade Center along with Solaris Global Partnerts advertisement is posted on a recognized exchange www.ppdaq.com which I have seen on CNBC. Last I noticed that they listed an IBN and account information to send monies for Bank of America which is one of the biggest banks in the world. After seeing all this information there is nothing that would lead me to think that this company is fraudulent however you should do your own research.
-PJ

BendiBus

Sean_K wrote: »

You said it so much better than me

portomar

Lmfao

odriscollpj

good show lads. working in the financial industry I am now trying to find some more info about this firm it has sparked my interest nobody likes scams. I see the aruba website is down who knows it worked last week, the ppdaq is up and running and is an interesting read, did find a video link on the site under the "press" tab that was aired on CNBC which I remember seeing a few months back, very informative interview with Alexander Haig which gives credibality to these companies. what does the irish finan. reg. say about these people?

Thomas_S_Hunterson

odriscollpj wrote: »

good show lads. working in the financial industry I am now trying to find some more info about this firm it has sparked my interest nobody likes scams. I see the aruba website is down who knows it worked last week, the ppdaq is up and running and is an interesting read, did find a video link on the site under the "press" tab that was aired on CNBC which I remember seeing a few months back, very informative interview with Alexander Haig which gives credibality to these companies. what does the irish finan. reg. say about these people?

...sigh