Fraudulent Website Global Investor Alerts Cloned Again?

Reports of a new scam in the financial investment world have surfaced around, a website involved in helping the victims of other investment scams seek legal retribution and compensation. has allegedly been connected to a network of fraudulent investment schemes involving several cloned websites utilizing the same scheme and website framework to scam victims out of several hundred dollars of supposed legal fees.

While boiler rooms and advance fee frauds are nothing new, this brand of scams involved setting up the fraudulent premise of a non-existent class-action lawsuit, financed through victims of another scam.

Earliest news of this operation involves, which supposedly perpetrated a “legal fees” scam involving a supposed class action law suit against Midas Capital, for selling worthless pink slips to unaware investors.

A victim of recounted paying a modest registration fee of $150, sent to an offshore bank account in Cyprus. As per reports on, after several more payment requests, the victim lost contact with, and all communication was severed. However, the apparently scheme did not end there. Research showed several other similar websites, including and, created under the same P.O. box in Fort Lauderdale, FL with the same contact numbers and the same Cyprus bank account.

Upon a further investigation, it turned out that these details were furthermore connected to large European financial fraud cases against and, investigated by the European Financial Services Authorities around the same time that et al was involved in scams with several victims in the US, creating the alleged connection.

An identifying factor for this scam was the usage of educational footage allegedly recorded by a Ms. Emilia Chidester, a well-known financial news anchor for Univision. However, evidence and contradicting statements led some to conclude that the Ms. Chidester featured in the videos on and other websites was a hired lookalike.

Even though most of the sites related to this alleged scam were taken down, new websites seemed to pop up overnight. Examples include the now-cloned and, both of which are claimed to be vehicles for the same type of fraudulent activity, as reported by numerous victim complaints and fraud allegations on the popular trading forum

Since word got out, the proprietors of these websites have become difficult to track down, with no identifying information connected to their domain registration or company information. Despite this, reports of fraud allegations continue to pile up around

More on this as the story develops.


  1. Illegitimate Fraudsters Global Investor Alerts Are Back

    Part of what I have found to be a global level conspiracy, the old scamsters at Global Investor Alerts who disappeared a few years back are back today with a .org website, yet with the exact same MO and a slightly different design.

    To first-time viewers their website will indeed appear legitimate, but even the most basic research will show you that there is a long and documented history of fraud and scamming behavior coming from Global Investor Alerts, Boiler-Rooms, Economic Frauds and a few other websites that seem to work together based both in Europe and elsewhere in the world.

    These devious people perpetrate their scams by finding victims of other scams (whether or not these other scams are related are not quite known yet), and then they offer them legal retribution and money recovery. This is called a recovery scam, where scamsters tell you that they can help you get money back that you have lost – in exchange for a small fee. Often, people will pay the fee to get their money back – and this way they keep growing, asking for more money due to complications in the legal action or other such excuses. Before you know it, contact either ends abruptly or after you begin to realize that your money isn’t actually being used to fight a legal case.

    Do not contact or speak with Global Investor Alerts. They are only after your money.

  2. Global Investor Alerts Has Been Ripping Off Scam Victims For $$$
    After much research, I’ve compiled different sources of evidence to support my theory that the people who cheated my uncle out of over a thousand of dollars are part of a global scam. The d***heads at targeted my uncle after he lost $1,300 buying worthless shares at the behest of some savvy traders and brokers – they told him they could get him his money back but for a fee.

    At first these guys look extremely legitimate, a short overview of their website will show you a simple but very official-looking presence, complete with a blacklist of both real scammers and, of course, their own competition.

    But all I had to do was look online a bit further and my suspicions were confirmed – these guys are never going to get my uncle’s money back for him, and any attempts to demand a refund were simply rebutted with total silence and a lack of communication. Just do a rudimentary google search (which I wish my uncle would’ve done) and you’ll see there’s more than enough dirt on these guys and their accomplices at Investor Alerts, Economic Frauds etc.

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