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Source One International / Professional fraudsters and scammers

1 Malaysia Review updated:

Source One International is a pretty new company established and registered in around December 2009 in the investment business. They trade stocks in NASDAQ and commodities like gold and copper. Or so they claim.

Truth and facts of the firm #1 :
Company address listed in Tokyo is a virtual office.
Building is managed by ServCorp, a legitimate real estate firm in Japan. You can basically own an exotic address in the CBD area of Tokyo by paying them a nominal fee, with services such as physical mail forwarding and even phone routing. This make sure that when they call you, the number listed on your caller ID is indeed from Japan. The number they provided is also indeed in Japan, part of the service with the phone router. You can basically sit in your office in London and get calls forwarded to you when they call your Tokyo number.

Comments :
I did my undergraduate studies in Tokyo, and lived there for 3 years. As a student who is always on the hunt for budget but good services such as restaurants, I know Tokyo inside out, especially those small streets where only locals use. When I questioned about their address and commented on the surroundings, their lame answer was "I am so engrossed in work so as to be able to provide clients like you reliable trading tips that I never did notice the area I work in". Loads of bull crap. You mean to say you work at the same place for years and don't even know how far away the metro station is ? Do your homework boys.

Truth and facts of the firm #2 :
Source One International is listed on the FSA website http://www.fsa.go.jp/en/refer/cold/index.html
as a cold calling company. They call potential investors with real and solid tips and advice to enhance their credibility. But the truth is they do not have a license to operate in their capacity at all, not only in Japan but any other parts of the world as well. FSA has warned investors to distance themselves from the companies listed at the site provided above. Source One International is just one of them. Who knows if the company name even exist at all in reality.

Comments :
Don't blindly rely on the website. These scammers are hit and run artist. If one fails they will retreat and then regroup into a new company and new identity. The list is never going to be complete. If you really want to trade stocks do it at a recognized and registered platform such as banks. True, they offer solid advices and tips and it makes you really want to buy from them. But it is going to be a one way investment. The money goes in and never comes out. Might as well give it to a trust or charity. At least you get tax rebate.

Truth and facts of the firm #3 :
DNS / Whois results of the company server and mail have shown that the registration of the domain and host are in Hong Kong. The filter is being done by a company in Singapore. The account they use for payments are in Taiwan handled by the ChinaTrust Commercial Bank, under the account HALOGROUP International Ltd. I have proof of invoices and their payment instructions. Drop me a private message if you want a copy. Reason for using a Taiwan bank when your company is in Tokyo ? Tax evasion. Good cover story.

Comments :
Looking at the scale at which they operates, you should be afraid. This is a cross border syndicate and organization. They operate across borders, making it harder for authorities to check on them. But with the right amount of pressure, the correct channels, and a never ending patience to annoy your Investigating Officers by calling them 3-5 times a day asking for updates, the police can actually produce results. Doing nothing and accepting your fate when you get cheated is the worst sin. You don't admit defeat without putting up a fight. You are putting others at risk. You are giving them more confidence and reason to go on scamming people. You will burn in hell with them for eternity. Maybe you will get a 50% discount from God. But half of eternity is still a long time. So please do your part and report it to as many agencies and authorities as possible. The next victim could be your close friend or relative.

Truth and facts of the firm #4 :
If you google Source One International, you will find several news and financial portals where apparently Source One International have released and published articles. For this, I seriously applaud loudly. This is scamming taken to the next stage. This is like a 7-11 robbery using the latest weapon complete with bullet proof vest and helmet and a get away helicopter and jet waiting somewhere. For the unsuspecting victim just trying to do a soft background check on the company, it works perfectly. This move increases their credibility and reputation, and in the end what they desire : More victims and more cash. Study those articles closely. They are probably rip off from other legit articles, signed off with "SOURCE ONE INTERNATIONAL", or random news pieced together. Inspect more and you will notice all the articles are posted by someone who calls himself Lucas Hyde. That's right. He works for Source One International as well. Pretty hardworking boy I have to say. Deserves the occasional successful swindle for the effort. I have to give them that. Shows that these guys understand human psychology and predicted what potential victims will do.

Comments :
Looking at how far and how much the scammers will go to accomplish their intention, I am seriously concern. This is becoming a profession by nature and it shows how complicated these syndicates work.

Don't be lured by greed. These very fraudsters prey on our greed in order to be successful. They are very good at sweet talking and can probably convince a 3 year old kid to give away his/her candy. There is always a catch. If you don't watch out and be careful you will end up in the catch. The only thing I find interesting with these people is that the tips and advices they give are usually pretty accurate. In fact they work out so well all the time that if these guys go legit they could be very successful traders and brokers. Too bad they decided on the other route which usually only leads to only 2 places. Either behind bars or if life catches up with them, an eternity of damnation.

Spread the word people. Don't stop fighting.
I learned all these the hard way. I lost 12, 000 USD to them and was about to invest around 58, 000 USD more. Thank god they stopped responding to my mails and calls after I requested a sell of my stocks. If they did help me sell part of the stocks and send me back my money, I would not have doubted parting with another 58, 000 USD. Something good out of something bad. I like to consider myself lucky in a sense. But not everyone will stop and think so I hope this particular post will help lots in the days to come.

Ck
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Comments

  • Ck
      24th of May, 2010

    ckzbond : your experience with Source One is very different from mine. I have been trading with them since 2007 and have made 60% profit since opening my account.
    I have also been trading equities with UBS since 2005 and so far I am negative 35% on their advice.
    I have had money repatriated on demand with Source One and they have unwound positions on request.
    I must admit your postings have spooked me somewhat so I have 3 important questions for you (at least they are important to me)

    QUESTION ONE : Over what time period did you trade with Source One ?

    QUESTION TWO: You say you lost money, Did you ever get that money repatriated to you since you last posted ?

    QUESTION THREE : What stock did you invest in and did you make a profit or a loss?
    I await your answers to 3 simple questions with interest. Thank you in advance for taking time to respond.
    You have made detailed accusations regarding Source One

    0 Votes
  • Gr
      25th of May, 2010

    It will be interesting to see if this guy will respond to your post. He sounds angry and I think he just wants to cause damage. I trade with source one. I have won some and lost some but won more than I lost. Sometimes had problem contacting my broker (he is always “busy”) but never had any other problem with them. They get good information. Better than my local broker or bank, who are useless here in germany

    0 Votes
  • Kr
      25th of May, 2010

    I invested with source one and closed my account last year. I made a profit but more confident trading in my local markets.
    Good luck to everyone

    0 Votes
  • Sl
      25th of May, 2010

    I just spoke to my broker at source one international. I got freaked out by these guys’ posts. They will not disclose details about him due to client confidentiality but did tell me they know who he is and he did get his initial investment money returned and made a profit on his trading he sounds like a novice trader to me I think he is full of B.S “invested $12, 000 and now I am broke’ also “I was going to invest another “$58, 000” which one is the truth? Stock market is not for children or babies, stop complaining! By the way did you make a profit on your trading or not

    0 Votes
  • Ck
      2nd of Jun, 2010

    wow, 4 comments suddenly !
    thank you so much for the feedback people.

    by the way, all 4 of you have accounts created on the same day 25th May 2010, with the last on 24th may (ckzbond doubter).
    (hey clicking on your user id alone shows everything)

    all four of you posted comments moments apart of each other. is it too much of a confidence ?

    any smart person can deduce the 4 of you works for source one international, and created multiple accounts to refute this claim to make yourself more credible. damage is done guys. instead of trying to say how much profit you make and how much source one can be trusted, i would suggest you guys to answer other questions like the virtual office issue, and how your company isn't even registered in the japanese list of companies.

    good luck convincing potential victims.

    oh by the way, one of you mentioned that i said i lost 12k and was broke and was about to invest 58k more. makes me sound contradicting. jus wanna let you know i didn't mention i am broke in this article at all. oops, one of you let something slipped. tsk tsk, not very smart scammers after all.

    0 Votes
  • Ck
      2nd of Jun, 2010

    Hi ckzbond darling when are you coming back to moscow the boys down in Greshniki / "Sinners" miss you so much but i miss you more...hey darling don't you think we make the best GAY couple everyone here says we do... oh btw the ### rings and straps here are way to big for you maybe you can find one small enough in malaysia that will fit let me know.

    From Russia With Love
    xxx

    0 Votes
  • Ck
      2nd of Jun, 2010

    HEY -ckzbond is so Gay- hes not your toyboy hes mine how dare you try to steal him he has a perfect fitting cockring that works very well thank you very much and russia i dont remember my lover going to russia we always go to singapore geyleng for fun so keep your hand off my man ...

    0 Votes
  • Ck
      2nd of Jun, 2010

    I... have been to singapore also hmm... BUT i bet he never took you to tokyo i met him in college we shared our room for 3 years hes such a cute and young little malaysian boy... SO HANDS OFF HIM...

    0 Votes
  • Ck
      2nd of Jun, 2010

    Well guess what i am meeting him tonite for our 4 year GAY anniversay. i baught him a new Masturbator Pump the clue one hes going to love me so much lol he will forget about you very soon.

    0 Votes
  • Ck
      2nd of Jun, 2010

    Masturbator Pump ? could you find one small enough for his little "robin hood" where did u find that tell meeeeeeeeee... if you tell me i will tell you where to buy the new Wildfire-Jet-Lee Real ### he loves it...omg what am i doing i shouldnt talk about my 24 year old asian toyboy like this but ohhhh what the heck...

    0 Votes
  • Ck
      2nd of Jun, 2010

    Wildfire-Jet-Lee Real ### ???? please do tell... but i know what really rocks his boat...shouid i kiss and tell ??? yeah why not im used to it... ckzbonds real fantasy is to jack of small hamsters with his own specially designed tweesers made just for him...and at least he feels hes not the only one with... erm...a...small robin hood...:-)

    0 Votes
  • Ck
      2nd of Jun, 2010

    LOL !!
    So this is how Source One International respond to a defeat.
    What a mature way to handle a situation like that.

    Oh well, if your ultimate aim is to piss me off, I am sorry you have failed miserably. In fact I find your comments amusing. Childish yes, but entertaining in it's own way. I am used to sarcasm. I am a full time lawyer and go to court almost every day. I am used to insults from criminals like you. Criminals who lost their cool because they know they are defeated. A desperate way to get back at your opponent.

    The damage is done. Say what you want. But you are going to have a hard time convincing new victims.

    Good luck scammers !

    0 Votes
  • Fp
      25th of Jun, 2010

    I aggree with CKZBOND, Source One International is a scam, I seems that I had lost 26k USD, as soon as you start to demanding the shares to be paid out they start back paddling and do not get to a point to where they pay out your money, CKZBOND summarized their modus operandi well, they even went one step further now and created a website where you can actually verify that they are a legit brokarage company the is company is

    Securities Intermediary Brokers (SIB)
    Level 27, Tokyo Sankei Building
    1-7-2 Otemachi
    Chiyoda-Ku
    Tokyo 100-0004
    Japan

    website: http://securitiesintermediarybrokers.jp/home.html
    email: [protected]@securitiesintermediarybrokers.jp

    I tested it and got back the following response

    SourceOne International. **
    ** Address: **
    ** Level 11, Aoyama Palacio Tower **
    ** 3-6-7 Kita-Aoyama Minato-Ku **
    ** Tokyo 107-0061 Japan **
    *******************************************

    *******************************************
    ** Registration: 570900P **
    ** Start Date: 03/05/02 **
    ** Current Status: Active **
    ** Last Update: 23/02/10 **
    *******************************************

    *************************************************************************
    ** Firm Operations **
    ** This firm is registered with: SIB **
    ** **
    ** Self-Regulatory Organization **
    ** **
    ** This firm conducts 14 types of businesses. **
    ** This firm is affiliated with financial or investment institutions. **
    *************************************************************************

    What bothers me is that the website does not provide a list or search engin in order for you verify it yourself like most other verification sites, the website actually does not say a lot either. Further the address of SIB is also an virtual office and they claim they have 200 employees, how does that make sense?

    0 Votes
  • Fp
      25th of Jun, 2010

    Wonder Source One International will also start trying to bad mouth me as in the case of CKZBOND. Let's make life difficult for these guys, I have a huge email lists more than 20k users that I shall use to spread the message. We are gathering information about their whereabouts I have contacts in certain crime agencies that can help me catch these guys and put them behind bars, any additional informnation will be welcome

    0 Votes
  • Ro
      4th of Aug, 2010

    welcome

    I an the Victim of Source One too. I lost 11k$.
    What should I do to get my money back.? After I ask them to sell my stocks and send me my money back, they stop answering for my emails.
    I am from Europe and I think there is more people who don't know about this fraud yet, until they try to get any money from they back.
    Did anybody get money from them?

    Thank You in advance for help

    0 Votes
  • Fp
      4th of Aug, 2010

    Further communication on SourceOne International, they are definitely a scamming company and had defrauded many innoscent investors from millions or dollars, we have proof of that, when they realize they cannot defraud you anymore they start to get aggresive, swearing and making threats to do you bodily harm is normal fro them, especially from John Baldwin the person I had been dealing with, if that is his real identify I doubt seriously. Very unprofessional for a brokerage company, normal brokerage companies do not operate in this way. Any other people that had been scammed should make contact with me.

    0 Votes
  • Le
      11th of Aug, 2010

    i lost about 40k$ with thoose scamers. i have spoken with john baldwin, frank altman, vanessa gaitner and another person that i don't remember his name now. oh, and not to forget that son of a [censored] patrik who answers the phone. they are very trained in what they do, and source one international, in my opinion, is only one of the firm they operate. i can bet that they do not operate from japan. i also know that this scam can not go on for ever. i hope that one day we will see this company on the discovery channel. i am convinced that all of us who were fooled by thoose ###s are doing something to try to get them arrested. about the money, i am convinced i won't see them again, but at least this was a lesson for me. i am happy though, because i was about to send them even more money, but i ran over this website and ckzbond posts on the internet, which helped me not to ruin myself. fpkoeke, please tell us your e-mail adress, to get in contact with you.
    ah, roberto123, nobody got their money back.

    0 Votes
  • Ck
      11th of Aug, 2010

    actually i did got my money back. but it was through the bank who helped me fight for it back. plus a few police reports and some connections in taiwan did the job.

    0 Votes
  • Th
      13th of Apr, 2011

    whats it worth for there address then boys ????????????????????????? email me prices to [protected]@hotmail.co.uk

    0 Votes
  • Th
      13th of Apr, 2011

    ok then boysworth it worth u your for there address then email me some prices at [protected]@hotmail.co.uk

    0 Votes
  • Ha
      2nd of May, 2011

    Dear ckzbond apparently source one international seems like it has mutated with serious side effects, i need to talk to you for some info my email is [protected]@yahoo.com

    0 Votes
  • Dd
      9th of May, 2011

    Hi ckzbond, I am a victim or a different but similar scheme. Actually once got a call from Source one by accident and they then called me back from the original numbers. Need to talk to you. Please email me on [protected]@yahoo.com. I am NOT one of them. You can check my used id on Cornerstone complaints board

    0 Votes
  • Fr
      25th of May, 2011

    Dear hardeep singh1 and dd124: we encourage you to contact our fraudsters.com group through the contact form available here:
    http://fraudsters.com/contact

    and describe your problems - we will try to help

    0 Votes
  • Ha
      28th of Oct, 2011

    Dear ckzbond, we are another group conned by sovereign international based in hong kong, you can check the complaints board under sovereign international and the same system has been applied on us. We need assistance of how to recover our monies my email is [protected]@yahoo.com

    0 Votes
  • Ck
      2nd of Dec, 2011

    It is saddening to see people are still falling for them after a year.

    0 Votes
  • Ca
      22nd of Oct, 2014

    I am one of the unfortunate people whom has fallen on hands of Sourceone
    international, now there is another company telling me that my investements
    in Spource one International were true. and that upon payment of a certain ammount
    I can repatriate the amounts of investements.
    I have being fidled lots of Thousand of dollars.
    the new company is said to be called clearnet international, but allthough
    I can not find any information regarding complaints from it, it worries me that
    they do not accept, a direct personal visit.

    0 Votes

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