Chartwell Asset Management I was contacted by Chartwell to purchase shares I held. In order to process this, I had to post bond by wire transfer. Shares not sold/ wire transfer not returned. Omaha Nebraska
In September 2002, I was approached by a company called Chartwell Asset Management offering to purchase shares I held in a company called Spantel Communications at above market price.
As a condition of the purchase I was required to post a bond by wire transferring funds to insure the certificate they were remitting was genuine.
I wired a "security deposit of $15,600 to proceed with the sale of stock.
They then tried to entice to buy more stock through their firm and in turn an additional security deposit.
When I refused they said that they may have to file a notice of default and would return my monies.
In spite of numerous faxes, messages left no money has been returned.
With hindsight, I believe I was part of a much larger rip off as they had full knowledge of my share portfolio acquired in Spantel and EDHC ( shares to the value of $50,000+ )which I purchased through a company called Goodman Hart based in Spain who later "merged" with a company called Morgan Paris who in turn have disappeared.
The two episodes may not be connected but I think that it is additional information that you may require, and I would be pleased to fax any documents you feel appropriate.
Even more recently I have been approached by a company called Franchise Holdings International inc based in Spain to use these shares as a credit against a new stock called FNHI but due to past experiences I am loath to do so. I would be happy to discuss this matter further.
Brian
Paget
Bermuda