Economicfrauds.netadvanced fee fraud

This review was posted by
a verified customer
Verified customer

I bought some stocks last year through a company called Sustainable Investments, which I have since learned is a boiler room scam.

I found a website called "economic Frauds - that claimed to help victims of economic fraud and I filled in my details. They were looking for me to pay $150 in legal fees up front to join a legal case against Sustainable Investments.

However I became suspicious of them because despite calling themselves “Economic Frauds” there is no partnership or company name details and their address is a PO Box. The only human being listed on the website is their CEO Emilia Chidester, who is not a lawyer and the whole thing just didn’t “feel” right.

When I looked a littel further i found this blog post -

Any assistance would be appreciated


  • Ca
    Carola Kluge Nov 11, 2018
    This comment was posted by
    a verified customer
    Verified customer

    Keine Rücknahme obwohl passt nicht anderen bisher nicht angekommen. Da ich schon öfter Retouren hatte will man die Jacke nicht rückerstattet ob wohl es ja wohl ein Rückgaberecht gibt die andere Jacke ist bisher nicht angekommen was ja bei Wish öfters Passiert ich werde keine Ware bezahlen die nie hier angekommen ist oder wäre die nicht passt


    -1 Votes
  • Sa
    Sayi Oct 02, 2018

    I have no idea who this tagged hi five is that's showing up on my bank statement but please refund me my money! I do not use this service and I don't know who's using my information

    0 Votes
  • Ko
    konstantinosp Sep 05, 2018
    This comment was posted by
    a verified customer
    Verified customer

    fraud transaction reported to greek cyber crime police
    ΙΒΑΝ DE66100110012620244300
    transaction from
    IBAN GR8902602040000210200957456

    PLEASE CALL [protected]

    0 Votes
  • An
    Anon12345Anon Oct 31, 2014

    Recently I lost a lot of money in the markets trading with a dubious company based in USA. Burton Capital Partners is supposedly based in the US (1540 Broadway, New York, NY 10006, United States) and offers mergers and acquisitions and various other investments. I invested a significant amount with this company over the course of a 3 month period – only to find out that it was a scam! I was outraged at Burton Capital Partners, but to be fair I was more furious with myself.

    After a little research I realized that the company’s website had only been registered for around 6 months. This was clearly a scam and I was too blinkered to realize. Now, this is not the whole story, and this is where things get a little bit complicated. When I had an inkling that Burton wasn’t a legitimate broker, I came across a company called Forex Conclusions.

    Forex Conclusions claims to be against dishonest practice and offers a free service to perform reviews and checks on various “boiler rooms” and other companies alike. I could not find any such service anywhere else online so I thought that I might as well give Forex Conclusions a try. After contacting them I was informed that the free service is no longer available…

    Up until now we haven’t charged for doing reviews for our readers, but we have changed this policy. The reason for this is that we receive several requests daily to do reviews of brokers and other financial firms. We just can’t cope with the amount and want to help the readers that need our professional and unbiased reviews the most. This doesn’t mean that we will not be posting warnings and reviews regularly 100% free of charge. We will still keep our readers up to date with warnings from regulators, from our readers and from our own monitoring. We will not charge anything for advise or questions, sent to us by mail or in comments – only for full reviews. We have decided to charge 60 USD for posting a full review. This amount is very, very small compared to losing the money you deposit to a scam broker. We have seen numerous traders being scammed without even knowing it by brokers manipulating prices and using other hard-to-detect practices.

    I thought that the payment of 60 USD was fair enough. However… After various correspondence via email with Forex Conclusions – this secondary scam began to really take place. They gave me a whole load of stories about how they could help me get my money back, which of course, being in a vulnerable position (I’m ashamed to say), I fell for their scam. They had told me that a number of ‘readers’ had been in contact with them regarding Burton Capital Partners and that they were arranging a class action law suit. All telephone conversations were from a blocked number (surprise, surprise!!!).

    For me to participate in the law suit against the banks that Burton Capital Partners had used in order to defraud investors – there were further fees that I was inclined to pay. After doing some further research I found this:-

    and this:-

    /link removed/

    and this one asking for $150 instead of $60 (with the same stories):- — advanced fee fraud

    And even a nice video:-

    If you read the comments on this video – you’ll notice that ‘Economic Frauds’ post a long line of comments ‘defending’ themselves – saying that all of the people that have been scammed by them, are in fact, criminals themselves. So it seems that the people who claim to warn people about boiler rooms and investor frauds are in fact FRAUDSTERS themselves.

    It wouldn’t surprise me if all of them are connected and if Forex Conclusions are actually the people behind the initial boiler room scams. There’s plenty more information out there to show that they are all scams. From the ‘whois’ searches that I have now done – it seems convenient or coincidental that ‘’ was only registered at the end of 2013 – around the same time that the other scams had been uncovered.

    My advice from personal experience – if it sounds too good to be true – it probably is. Don’t make the same mistakes that I did!

    The only good thing that will hopefully come out of this mess – is that my losses might help other people not to lose more money in the future.

    The only enjoyment that I will gain is remaining anonymous online so as to gain more information on these crooks as they continue to try to scam me even more.

    When they eventually stop calling me – I will post all of their correspondence online so as to further warn people against these criminals in the future.

    You may have won the battle BUT THIS IS WAR!

    1 Votes
  • Ne
    Nemesis2 Aug 24, 2013
    This comment was posted by
    a verified customer
    Verified customer

    I have heard that there is an open investigation at the Broward County Sheriff Office, Financial Fraud Dept. and another one at the Florida Office of Financial Regulation. If you are a victim, you may want to file a complaint over the phone there.

    0 Votes
  • Wr
    wrey76 Jun 08, 2012
    This comment was posted by
    a verified customer
    Verified customer

    It seems that rather than addressing the question as to why her scam website shares the exact copy as that of a proven boiler room operation, "Emilia Chidester" has had my blog taken down.

    It will return.

    In the mean time, evidence of that link is and

    If you want to check for yourself, just put the following (including the quotes) into Google and you'll get all the proof that you need that Emilia Chidester, People Alliance Corp and Economic Frauds ( are a scam.

    "Be it wealth accumulation, wealth preservation or wealth transfer, you and your financial goals get center attention"

    Ernest Green Group Ltd. are a proven boiler room operation with many warnings against them.

    1 Votes
  • Wr
    wrey76 May 29, 2012
    This comment was posted by
    a verified customer
    Verified customer

    Dear Emilia Chidester,

    If you are being unfairly slandered, perhaps you would care to comment on this blog post, which clearly links your website for People Alliance Corp (, and by extension "Economic Frauds", with the boiler room operation Ernest Green Group Ltd?

    There is no logical reason why your website should share copy with that of a proven boiler room, unless of course you are part of the same criminal organisation!!!

    Warning against "Economic Frauds", "People Alliance Corp" and "Emilia Chidester".

    See for details.

    1 Votes
  • Em
    Emilia Chidester May 08, 2012

    Please take a note that a criminal is using public websites in order to slander me and my company People Alliance LLC + my web page .

    My name is Emilia Chidester
    My company name People Alliance LLC see corporation wiki
    My web page economic frauds this i set up in order to warn investors of frauds and scams.

    [protected] LAND LINE

    Please it is your duty to keep your page and your organization clear of criminals trying to miss-used your web page in order to commit crimes.

    Emilia Chidester

    -3 Votes

Post your comment

    By clicking Submit you are agreeing to the Complaints Board’s Terms and Conditions



    Unhappy consumers gather online at and have already logged thousands of complaints.
    If you see dozens of complaints about a certain company on ComplaintsBoard, walk away.
    One of the largest consumer sites online. Posting here your concerns means good exposure for your issues.
    A consumer site aimed at exposing unethical companies and business practices.
    ComplaintsBoard is a good source for product and company gripes from especially dissatisfied people.
    You'll definitely get some directions on how customer service can best solve your problem.
    Do a little research on the seller. Visit consumer complaint websites like ComplaintsBoard.