Scam: Regency / US Petroleum Holdings

by David Cameron on December 8, 2007

A couple of days ago, I picked up my phone and got a mysterious call:

Me: Hello, this is David Cameron
Caller (in American accent): Hi David, this is Daniel Clarke calling from Regency. Have you heard the news?
Me: I haven’t a clue what you are talking about
Caller hangs up

I thought then that he had reached the wrong David Cameron….I have had messages in the past destined for the other David Cameron…you know the famous one.

Anyway a couple of hours later he called back again and at one point called me Daniel whilst trying to promote oil stocks suggesting that the outcomes of the latest OPEC meeting would cause oil to RISE $150 a barrel within the next month.

I knew this to be garbage…..he called someone who works for an oil company.

I will not bore you with all the details, but the office there did try to put on a great theatrical show in the background with thumping of desks and people calling out just like you would have seen in Wall Street (the movie).

I told him that he was wasting mine and his time and that he should go or I would hang up as he had done first call. He wouldn’t listen and I hung up on him.

He had the audacity to call me straight back again and try to solicit an “ïnvestment” because I was passing up a great opportunity. A quick root around the internet revealed that Regency has spun a few lines in their time and taken more than a few people for several thousand pounds.

Do a search for boilerroom Regency scam and you will see what I mean. e.g. http://www.scam.com/showthread.php?p=459387

DO NOT INVEST with these people or anyone else that cold calls you. The risks are too great….do your own research.

I don’t know where these people are actually based…clearly there are a lot of compaies in the world trading under a “Regency” brand. I make no inference about any other company trading under that name…..hopefully if this rotten scammer calls you now, you will remember them and refuse to have anything to do with them when they try and sell you oil stock.

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