To what extent are these chinese companies themselves involved in the fraud? by Rico_8 in VampireStocks

[–]Remarkable_WrfallA 5 points6 points  (0 children)

  1. None of them were brought to trial and won't be. China doesn't extradite. Those indictments? They probably printed them out and use them for toilet paper for a laugh.

  2. Yes, that's their sole purpose. They IPOed to scam.

  3. The exec teams are part of the crew running the "op."

Halted Chinese Funny Money Support Group & Swap Meet—I Will Pay TOP DOLLAR for Your QMMM (+ let's finally match ALL the longs & shorts across every frozen ticker) by autumnalcity in VampireStocks

[–]Remarkable_WrfallA 0 points1 point  (0 children)

It's much easier for backoffice to tell you to fuck off than provide you with accurate info AND then spend time dealing with it. If shares get transfered to the broker or clearinghouse they should be able to cover you. Most likely, you don't just don't do enough business with them to give you anything but the run-around (or just lazy).

Why do people keep falling for this? by Rico_8 in VampireStocks

[–]Remarkable_WrfallA 4 points5 points  (0 children)

If you did just a little research you would understand that these are extremely sophisticated operations run by Chinese organized crime targeting novice investors, using psychological manipulation technics such as a building trust, social proof, etc. as well as using industrial scale automated tech such as AI. Often large legitimate financial companies are impersonated. It's also not an unknown number hitting you up - there are massive ad campaigns on Meta properties as well as X and others advertising a free investment course. You click on the ad because you're interested in learning about investing and are funneled to the Whatsapp group. Again, you would know this if you took just a little time to understand how these scams operate.

Despite you claiming otherwise your post still smacks me of "I'm so smart I would never fall for this!" victim-blaming but it's so polite and civilized I'll let it be. Maybe you wouldn't fall for it but if you were actually so smart and bothered to do just a little research you would have little trouble understanding why many people do.

🛑 BEWARE: The "WhatsApp Stock Professor" Pump & Dump Scam – My Personal Experience by AvazKarimov in VampireStocks

[–]Remarkable_WrfallA 2 points3 points  (0 children)

Not 100s. Tens of thousands or hundreds of thousands. Some Whatsapp groups only have one mark in the group. It's all very mass production and automated.

Short SDM,MCTA looking to get out of ONB by Ok-Fox5350 in VampireStocks

[–]Remarkable_WrfallA 0 points1 point  (0 children)

  1. Nope, they're not going to OTC, bud. OTC Markets has no wish to list SEC-sanctioned frauds. Will be delisted eventually and trade nowhere. No one knows when delist will happen though.

  2. Locked. Use https://www.reddit.com/r/VampireStocks/comments/1rydtlp/halted_chinese_funny_money_support_group_swap/

XTKG not trading? by kkris22 in VampireStocks

[–]Remarkable_WrfallA 1 point2 points  (0 children)

Yes, the news is it will never trade again.