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  1. #1
    Join Date
    Jul 2006
    Posts
    1

    Oxbridge International

    I have made two trades with Oxbridge but am beginning to think they may be working a scam. The first trade was with a quoted US company. Then they took me out of this (at a profit) into a supposedly pre-IPO requiring additional funds.Now they are asking me to increase my holding as a Mutual Fund is showing great interest. Their original brochure was most impressive.

    I have seen some comments from last March. I know they are not FSA approved. But are there any current updates please. Has anyone traded with them either successfully or otherwise. All comments much appreciated.

  2. #2
    Join Date
    Dec 2004
    Location
    Pacific NW
    Posts
    19

    Playing poker with the Devil

    When playing Poker with the Devil, be on the lookout for a marked deck. That is the warning I would give anyone thinking of investing in a scheme when one knows the persons or entities selling the investments have not bothered to be licensed and registered through the FSA.

  3. #3
    Join Date
    Jul 2006
    Posts
    3

    Re: Oxbridge International

    I absolutely agree with LittleDigit. Could the Better Business Bureau help you (bbonline.org)? Or perhaps the SEC--they should have some kind of listing in the phone book under the U S Government White Pages. Don't give them a dime unless you know they're legit.

  4. #4
    Join Date
    Jun 2006
    Posts
    3,120

    Re: Oxbridge International

    Most of you probably read this articlehttp://www.thisismoney.co.uk/news/co...&in_page_id=19
    But if you did not, article lists everything what is wrong with Oxbridge International. If you just googled Internet before swallowing a hook, you would have saved yourself some money.

  5. #5

    Re: Oxbridge International

    Quote Originally Posted by Henley
    I have made two trades with Oxbridge but am beginning to think they may be working a scam. The first trade was with a quoted US company. Then they took me out of this (at a profit) into a supposedly pre-IPO requiring additional funds.Now they are asking me to increase my holding as a Mutual Fund is showing great interest. Their original brochure was most impressive.

    I have seen some comments from last March. I know they are not FSA approved. But are there any current updates please. Has anyone traded with them either successfully or otherwise. All comments much appreciated.
    I'm in exactly the same boat. I'm considering whether to invest more to reach the level required to benefit from the Mutual takeover, ie 10000 shares. I currently have bought 7000 but only have a certificate for 4000. I'm waiting on the second certificate of 3000. I'd be interested to see where you are at with this.

  6. #6
    Join Date
    Jun 2005
    Posts
    132

    Re: Oxbridge International

    http://www.thisismoney.co.uk/news/co...&in_page_id=19
    Offshore deal that's sure to sink
    Let's look first at Oxbridge International, which claims to be based on the small island of Nevis in the Caribbean. And the first thing you should know is that it is not really there.

    Jackie Hunkins, a senior official in the Nevis government's Financial Services Department, told me: 'Physically, they do not have any operation on the island.' In fact, she added, Oxbridge International is registered as an offshore company, which means it is not even supposed to do business on Nevis.

    Oxbridge's address and phone number belong to local lawyer Ricaldo Caines, who did the paperwork to set up the company. Financial watchdogs on Nevis are now questioning Caines to establish who is really behind Oxbridge and where it is really located. As for what the company does, Oxbridge is trying to ride two horses at once.

    It says: 'Oxbridge is not a broker but an investment management consultancy company.' Perhaps, wherever it is based, it is not licensed to sell shares, but it may be able legally to offer advice. Whatever the hair-splitting distinctions, it was certainly acting like a broker in trying to persuade you to buy Tri Clean shares.

    Oxbridge is not licensed by the Financial Services Authority and any deals with it are not covered by the Financial Services Compensation Scheme - two good reasons for not touching it with a bargepole.
    Warning from the UK Financial Services Authority: http://www.fsa.gov.uk/pages/Doing/Re...ge_22nov05.pdf

    Warning from the French securities regulator, Autorité des Marchés Financiers: http://72.14.209.104/search?q=cache:...&ct=clnk&cd=10

    Warning from Nevis Financial Services: http://www.nevisfinance.com/Announce...?Idz=4&MIdz=51
    Oxbridge International Limited

    Date: 21-Sep-2006

    The public is advised that Oxbridge International Limited, a company incorporated on December 1, 2003 under the Nevis Business Corporation Ordinance, 1984 (as amended), was dissolved on April 27, 2006 in accordance with Section 97 of the Ordinance. Section 100(1) of the Ordinance provides for a company that has been dissolved to be continued as a body corporate for a period of three years from the date of dissolution for the general purpose of winding up its affairs but not for the purpose of continuing the business for which it was organized. Persons intending to do business with Oxbridge International Limited are hereby advised that any representation to the contrary is false.
    http://www.forbes.com/business/2006/...3oxbridge.html

    http://boards.fool.co.uk/Message.asp...245&sort=whole

    Greg Fisher, if you just enter the name Oxbridge International into Google's search field you will find warnings from just about every Country's official financial regulating authority so I'm not sure why you would consider investing MORE money with these scammers. Did you click on the link posted by borisf96 above and read the article?

    Google search results:
    http://www.google.com/search?q=Oxbri...=&start=0&sa=N

    Blanche

  7. #7

    Re: Oxbridge International

    Blanche:

    OK I've read the warnings, and trawled the net. What I have found are arnings of a scam but haven't found anyone reporting that they have actually lost money, but I have found evidence of peoiple making money.

    Can you categorically prove to me that this is a scam company.

    Cheers

  8. #8
    Join Date
    Jun 2006
    Posts
    3,120

    Re: Oxbridge International

    Let Greg lose his money. He wants to.

  9. #9
    Join Date
    Jun 2005
    Posts
    132

    Re: Oxbridge International

    Let Greg lose his money. He wants to.
    Yep, exactly my thoughts. :)

    Blanche

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