Burton Capital Partners

Recently I lost a lot of money in the markets trading with a dubious company based in USA.scamalert4 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:-

  1. http://scamfraudalert.org/2013/03/08/economic-frauds-www-economicfrauds-com/
  2. and this:-
  3. http://www.ripoffreport.com/r/economicfraudscom/fort-lauderdale-florida-333-38/economicfraudscom-fraudulent-scam-bogus-company-taking-advantage-of-innocent-people-fo-1008992

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

  1. http://www.complaintsboard.com/complaints/economicfraudscom-advanced-fee-fraud-c603008.html

And even a nice video:-

  1. http://www.dailymotion.com/video/xs52uh_warning-against-economic-frauds-economicfrauds-com_news

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 http://www.forexconclusions.com’ 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!

2 thoughts on “Burton Capital Partners

  1. Anon Ymous says:

    I felt I needed to leave a further comment – I wanted to make it clear that this article is not only to warn against Burton Financial – LET ME BE CLEAR – http://www.forexconclusions.com is a scam!!!!

    My guess is they use all different names to target you. http://www.forexconclusions.com is a secondary scam that these crooks are using to further scam and conduct fraud in order to steal peoples money.

    Forex Conclusions appear like they are there to protect unaware investors – even their website appears innocent – but that’s just so they can get their claws into you!!!!

    I don’t know if http://www.forexconclusions.com has anything to do with burton financial or any of the other firms that they’re ‘warning’ about or if they’re only connected to economicfrauds etc.

    The best advice that I can give

    Forex Conclusions Secondary Scam Stay Well Aware

    • SFA Reporter says:

      Thank you for the clarification. The WhoIs information is below.
      Lately, we’ve seen a resurgence of these scams including the money mule scams. These thugs are more BRAZEN than ever.

      For a while, I thought these thugs were all extinguished; They just seem to have gone in hibernation. How wrong was I.

      Address lookup

      canonical name forexconclusions.com
      aliases http://www.forexconclusions.com
      addresses:69.195.124.76
      Domain Whois record

      Queried whois.internic.net with “dom forexconclusions.com

      Domain Name: FOREXCONCLUSIONS.COM
      Registrar: FASTDOMAIN, INC.
      Whois Server: whois.fastdomain.com
      Referral URL: http://www.fastdomain.com
      Name Server: NS1.BLUEHOST.COM
      Name Server: NS2.BLUEHOST.COM
      Status: clientTransferProhibited
      Updated Date: 09-mar-2013
      Creation Date: 13-dec-2012
      Expiration Date: 13-dec-2014

      Last update of whois database: Thu, 06 Nov 2014 17:11:01 GMT <<<
      Queried whois.fastdomain.com with "forexconclusions.com"…

      Domain Name: FOREXCONCLUSIONS.COM
      Registry Domain ID: 1766121550_DOMAIN_COM-VRSN
      Registrar WHOIS Server: whois.bluehost.com
      Registrar URL: http://www.bluehost.com/
      Updated Date: 2013-03-09T06:06:41Z

      Creation Date: 2012-12-13T18:35:32Z

      Registrar Registration Expiration Date: 2014-12-13T18:35:32Z
      Registrar: FastDomain Inc.
      Registrar IANA ID: 1154
      Registrar Abuse Contact Email: support@bluehost.com
      Registrar Abuse Contact Phone: +1 801 765 9400

      Reseller: BlueHost.Com
      Domain Status: clientTransferProhibited
      Registry Registrant ID:
      Registrant Name: DOMAIN PRIVACY SERVICE FBO REGISTRANT
      Registrant Organization:
      Registrant Street: 1958 SOUTH 950 EAST
      Registrant City: PROVO
      Registrant State/Province: UTAH
      Registrant Postal Code: 84606
      Registrant Country: UNITED STATES
      Registrant Phone: +1.801-765-9400
      Registrant Email: WHOIS@BLUEHOST.COM
      Registry Admin ID:

      Admin Name: DOMAIN PRIVACY SERVICE FBO REGISTRANT
      Admin Organization:
      Admin Street: 1958 SOUTH 950 EAST
      Admin City: PROVO
      Admin State/Province: UTAH
      Admin Postal Code: 84606
      Admin Country: UNITED STATES
      Admin Phone: +1.8017659400
      Admin Email: WHOIS@BLUEHOST.COM

      Registry Tech ID:
      Tech Name: DOMAIN PRIVACY SERVICE FBO REGISTRANT
      Tech Organization:
      Tech Street: 1958 SOUTH 950 EAST
      Tech City: PROVO
      Tech State/Province: UTAH
      Tech Postal Code: 84606
      Tech Country: UNITED STATES
      Tech Phone: +1.8017659400

      Tech Email: WHOIS@BLUEHOST.COM
      Name Server: NS1.BLUEHOST.COM
      Name Server: NS2.BLUEHOST.COM
      DNSSEC: unsigned

      URL of the ICANN WHOIS Data Problem Reporting System: http://wdprs.internic.net/
      Last update of WHOIS database: 2013-03-09T06:06:41Z
      Network Whois record

      Queried rwhois.unifiedlayer.com with "69.195.124.76"…

      %rwhois V-1.5:000080:00 rwhois.unifiedlayer.com (by Unified Layer, V-1.0.0)
      network:Class-Name:network
      network:ID: NETBLK-UL.69.195.64.0/18
      network:Auth-Area: 69.195.64.0/18
      network:Network-Name: UL-69.195.64.0/18
      network:IP-Network: 69.195.64.0/18
      network:Organization: Unified Layer
      network:Tech-Contact: netops@unifiedlayer.com
      network:Admin-Contact: netops@unifiedlayer.com
      network:Abuse-Contact: abuse@unifiedlayer.com
      network:Created: 20121119
      network:Updated: 20121119
      network:Updated-By: netops@unifiedlayer.com

      %ok
      Queried whois.arin.net with "n 69.195.124.76"…

      NetRange: 69.195.64.0 – 69.195.127.255
      CIDR: 69.195.64.0/18
      NetName: UNIFIEDLAYER-NETWORK-7
      NetHandle: NET-69-195-64-0-1
      Parent: NET69 (NET-69-0-0-0-0)
      NetType: Direct Allocation
      OriginAS: AS46606
      Organization: Unified Layer (BLUEH-2)
      RegDate: 2010-07-01
      Updated: 2012-11-14
      Ref: http://whois.arin.net/rest/net/NET-69-195-64-0-1

      OrgName: Unified Layer
      OrgId: BLUEH-2
      Address: 1958 South 950 East
      City: Provo
      StateProv: UT
      PostalCode: 84606
      Country: US
      RegDate: 2006-08-08
      Updated: 2012-11-26
      Ref: http://whois.arin.net/rest/org/BLUEH-2

      ReferralServer: rwhois://rwhois.unifiedlayer.com:4321

      OrgAbuseHandle: ABUSE3581-ARIN
      OrgAbuseName: Abuse Department
      OrgAbusePhone: +1-888-401-4678
      OrgAbuseEmail: abuse@unifiedlayer.com
      OrgAbuseRef: http://whois.arin.net/rest/poc/ABUSE3581-ARIN

      OrgTechHandle: NETWO5508-ARIN
      OrgTechName: Network Operations
      OrgTechPhone: +1-888-401-4678
      OrgTechEmail: netops@unifiedlayer.com
      OrgTechRef: http://whois.arin.net/rest/poc/NETWO5508-ARIN

      OrgNOCHandle: NETWO5508-ARIN
      OrgNOCName: Network Operations
      OrgNOCPhone: +1-888-401-4678
      OrgNOCEmail: netops@unifiedlayer.com
      OrgNOCRef: http://whois.arin.net/rest/poc/NETWO5508-ARIN

      RAbuseHandle: NOC2320-ARIN
      RAbuseName: Network Operations Center
      RAbusePhone: +1-801-765-9400
      RAbuseEmail: abuse@bluehost.com
      RAbuseRef: http://whois.arin.net/rest/poc/NOC2320-ARIN

      RTechHandle: NETWO2081-ARIN
      RTechName: Network Operations
      RTechPhone: +1-801-765-9400
      RTechEmail: netops@bluehost.com
      RTechRef: http://whois.arin.net/rest/poc/NETWO2081-ARIN

      RNOCHandle: TECHN497-ARIN
      RNOCName: Technical Operations
      RNOCPhone: +1-801-765-9400
      RNOCEmail: support@bluehost.com
      RNOCRef: http://whois.arin.net/rest/poc/TECHN497-ARIN

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s