Anatomy of a SCAM

Anatomy of a SCAM (Stocks Con Artists Mined)

Title of a book.

Contents are here in my mind.

Problem is, i dont know how to write. *barangisi*

SCAM – Stocks Con Artists Mined is an original abbreviation.

This is a work in progress. I will put my thoughts here from time to time.

This page explores the possibility that Con Artist may use LEGIT FUND RAISING

facility for their own GREED. Companies with very good track records and governance

does not belong to this group.

Now who says unicorns dont exist. Laway lang ang puhunan. *gigols*


Posted Monday, July 23 2012, 8:53am

Chapter ____ : The SROd – The Stock Rights Offerings daw.

Con Artists used the SRO proceeds as one of his/ her or their personal cash cows.

Below is an illustration how the CON was made.

Con Artists established Con Companies naming it a “Trend Company”. Say the trend now is mining. Con Artists will name it PNN Gold. PNN Gold stands for Pera Na Naman Gold. Now, he/she/they will established more entities with mining sound like companies. Con Artists then will issue a SRO for his/her/their listed company. Since it is a listed company, the so called company is obliged to disclose the proceeds of the SRO.

Said listed firm then will used that proceed to buy the con artists’ companies, tagging it as investments. Investments in companies with no operations. Proceeds of the SRO gone like magic. Con Artist got the proceeds. Easy money.

Chapter ____ : The Private Placements / Debt to Equity conversion

1) Company goes for a PP at par, but before that, jockeys will push the price up. PPs are done in a fashion that identities of the subscribers are unknown to the public. Normally, authors are cayman wannabees.

PP’s are treacherous specially if the name of the subscribers are unknown even if you google it up. be wary of those.

Advances / Debts being converted to Shares using a time machine of some sort. Aside from unicorns, time travel also do exist in duping shareholders. You dont need a DeLorean or brains of Dr. Emmett Brown for that fix. A simple ek ekΒ is all a con needs.

2) Company goes for a program selling (could take months / yrs) using “whatever account”. anyways, company then offer a private placement to “whatever account” at way to discounted price (of course). Purpose? Replenish. Nuf said.

Chapter _____ : Joint Ventures.

Oh i love JVs. Specially if 2 “bulok” companies have one.

Chapter _____ : The Stuntmen

These are investors, rogue fund man, ib’s, analyst, private equity handlers or just plain individual with enormous greed. They use flirtatious, i mean fictitious accounts that leaves no trail of their shit, oh well, crap, but not until they got caught and eventually “transferred” to another crap hole. They can be creative by having a cayman account, supposedly feeling foreign “daw”. They can moved a worthless garbage (basura) stock to new levels of greed because the have the “funds” or they use “other people’s money”.

Stuntmen are fond of buzz. their genre include buzzing around that they have infos on mergers and acquisitions, takeovers, backdoors and the likes. usually they let the gossipers think they have a “hand” on it for the story to look legit.

Chapter ____: The Cayman Wannabees

these are locals, big private equities, institutions, legit or not, that uses foreign entity tru cayman island, bvi (british virgin island) and bermuda triangle.

These so called investors can have a wannabee account using tax safe haven islands mentioned above. You google on how to set up a cayman account and you’ll be amazed that one can have a wannabee company for as low as 150 bucks. You chip in a grand and you have yourself a virtual office and a virtual secretary laying naked, i mean just a virtual secretary answering calls. *ahem*.

A local wannabee who doesnt have these cayman et al accounts may resort to using “foreign” sounding name brokers as a strategy that foreign buying or selling is present.

Chapter ____ : The Super Saiyan

Chapter ____ : The Pasaload

Chapter ____ : The OB

Before the binary options came into being here, there was a box we used to “toy” around. it’s a hedging tool, I was part of the beta test.

Option Box Short for Cable (Great Britain Pound – GBP/Usd) with 74.10% payout

Options backdating is the practice of altering the date a stock option was granted, to a usually earlier (but sometimes later) date at which the underlying stock price was lower.

Here, we find ways to do the extra mile of “setting aside on a later date” our “option/s”. One ploy is for the company to do cash advances, or subcriptions and later on “convert” it to equity when of course all events are favorable to “them”. If the weather is not yet fine, that “later on” will always be synonymous to “when able”.

It’s just like a long term investment… without the capital.



  • m2ke

    so how can i open a forex account at oanda?

  • site is at
    you may first try their demo account. registration is free.

  • Hi boss spyfrat,

    Appreciate if you can share here your trade set up and other relevant fx trading techniques.

    I’ve featured you on my blog as one of the successful pinoy fx trader.

    good luck on your trades!

  • hi boss Elmer,

    thanks for the heads up boss but honestly i can draw a line from here to there but im not good fx trader πŸ™‚

    i only use rsi, bands and chart patterns, both on fx & equities.

  • DB


    Found out about you a year or so ago, I think from absolute traders website then this week found you again accidentally while searching for pinoy fx raders. You’re humble at malakas ang faith sa God very good qualities.

    Are you still trading FX with Oanda? Salamat.


    • im a lost and found kind of guy boss πŸ™‚ that’s why i always keep my faith to God. tested and proven, proven and tested, His love is unconditional.
      Take care sir and God bless always to you and your family.

      To God be the glory.

      yup i’m still trading a tiny winy ridiculously small amount at oanda.

  • Dee

    Hi Bosing,

    Forgot to ask kung saan ka naka-based? Sa Makati perhaps? I’m thinking nag-wo-work ka sa isang financial entity cus’ advanced ang mga analysis mo. I hope in the future ay matupad mo yung dream na makasulat ka ng isang libro about your trading methodology, ganda yan para sa mga kabayan natin na gustong matuto sa market. Email me kung may time ka.



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