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Q: shares escrow potential fraud ( Answered 5 out of 5 stars,   1 Comment )
Subject: shares escrow potential fraud
Category: Business and Money > Finance
Asked by: turretrock-ga
List Price: $180.00
Posted: 03 Aug 2006 01:18 PDT
Expires: 02 Sep 2006 01:18 PDT
Question ID: 752102
Shares sale,  established escrow company, potential fraud?

I am dealing with two companies that involves me sending money (to
No.1) regarding shares and I would like to find out every bit of
information relating to how genuine they are? company size number of
employees, web sites, history, business info, length of time in
business, scale of business, business customers,  site activity, type
of business, turnover anything to verify authenticity of both
companies etc I as I suspect(or what to avoid) a potential scam/fraud
any info regarding history of principals time company founded etc

Company No.1: Shun Hong 275 Gloucester Road 
Causeway Bay, Hong Kong Tel: +852-30146398 Fax: +852-30143580  

Company No.2: 
Universal Capital Partners(Head Office)Universal Capital Towers, 25-1
Sakuragaoka-Cho, Shibuya-Ku,  Tokyo 150-0031   JAPAN
Phone:  +81-344-964-857 Fax:+81-344-964-320
Register Office:  43 Wall Street  New York   10005   USA
Subject: Re: shares escrow potential fraud
Answered By: answerfinder-ga on 03 Aug 2006 03:57 PDT
Rated:5 out of 5 stars
Dear turretrock-ga, 

I believe the escrow company is a fraud and Universal Capital Partners
which describes itself as ?a lead player in the world's markets? to be
equally dubious. I base this conclusion from the results of my
research and from my previous experience as a New Scotland Yard Fraud
Squad officer. web site is a outright copy of a genuine escrow
company?s web site with names, etc., changed as appropriate. Addresses
used are insufficient in detail, and no company registration was found
on the Hong Kong Company database. There is a registration on the
Money Changer / Remittance Agent Register for Wing Shun Hong, but at a
different address.

Universal Capital Partners, attempts to give an impression of a
investment advisor with over $2 billion under management. However, the
site is badly designed and worded. The company does not appear on the
New York corporations? database and is not registered as an investment
advisor with the SEC, NFA and Japan?s Financial Services Agency. No
principals? names are supplied, no corporation registration details,
or exactly with whom they are registered as an investment advisor.

Research and links:  web site

?Contact Details
Tel: 	+852-30146398
Fax: 	+852-30143580

Company Name: 	Wing Shun Hong
  	275 Gloucester Road
  	Causeway Bay
  	Hong Kong?

Domain name registration details. Note that it was registered only in
May 2006 and in a personal name. I am unable to establish if this
person owned the domain name before then. It does not appear on the
?Internet Archive Wayback Machine? - an archive of old web sites.
LEE, Mathew
  Fairview Mansion, 51 Paterson Street,
  Causeway Bay, Causeway Bay 50485


  Administrative Contact, Technical Contact:
   LEE, Mathew           
   Fairview Mansion, 51 Paterson Street,
   Causeway Bay, Causeway Bay 50485

  Record expires on 24-May-2007.
  Record created on 24-May-2006.

The above address lacks additional information such as block number
and flat/floor number. See the hits on this Google search.
Similarly, the address 275 Gloucester Road needs additional
information such as block number and flat/floor number.

The wording and some of the images on the site are copied from a
genuine site of

Look at Our Team page and then compare it with the page from and you will see the text is exactly them same with
changes made in names, etc.

The individuals? pictures are crunched up and clearly stolen from
another site which I cannot identify.

The ?what is an escrow? diagram is also copied from fortis-escrow. By
looking at the html coding behind the page I can see it has even the
same image name. is part of the Fortis Group from Belgium and
Netherlands. To see that it is genuine you can go to their page on
Google Finance. Then click on the link to their home page.
From their click> Direct Links> Fortis Companies >Fortis Escrow
Services> Details of fortis-escrow and a link.

Hong Kong Companies House has no live match  on the name. There is a
which was formed in 1970 but struck off in 1996.

There is a registration on the Money Changer / Remittance Agent
Register but at a different address.

Hong Kong Special Administrative Region of The People's Republic of China 
Joint Finance Intelligence Unit
?In accordance with the Organized And Serious Crimes Ordinance, all
Money Changers and Remittance Agents in Hong Kong are required to
register their business with the Hong Kong Government?.
By publishing this register, the Joint Financial Intelligence Unit
does not guarantee the performance or creditworthiness of any
registered money changer or remittance agent.?

"Money Changer / Remittance Agent Register as on 3rd March 2006
Wing Shun Hong
Flat A, 15/F, Suen Yue Building,
48 Bonham Strand West, Sheung Wan,
Hong Kong."

Web site for Universal Capital Partners

?Head Office : 
Universal Capital Towers
25-1 Sakuragaoka-Cho
Tokyo 150-0031

Phone: +81-344-964-857
Fax:    +81-344-964-320

Register Office :
43 Wall Street
New York

Domain name registration does not show the actual owner of the
company. It appears to be the web design company, but I have not
pursued this avenue of enquiry.

WebDesign Support 
  Elgen, IL 60123 

  Administrative Contact, Technical Contact:
WebDesign Support    
   Elgen, IL 60123 

  Record expires on 15-Mar-2007. 
  Record created on 15-Mar-2006.?

The domain name has been registered before and one was for a Minnesota
company which may be now defunct. The internet archive only shows the
site as it was in 2003. (details below)

The web site is poorly designed and lacking information. It describes
the company as ?a lead player in the world's markets, and offers the
vision, energy, and experience required to assist clients in remaining
one step ahead in an increasingly sophisticated, dynamic and
ever-changing global market place.?
?We are a Registered Investment Advisor with over US $2 billion of
funds under management. Established in 1983, we provide investment
advice and asset management for both Corporate and Private Clients.?

If they have been established since 1983 and are major investment
advisors it seems strange there is a distinct lack of reference to
them on financial web sites and that they do not appear on the
following databases.
New State Corporations database

SEC Investment Advisor search

National Futures Association

Japan Financial Services Agency
List of licensed (registered) Financial Institutions including
licensed investment advisors.

Details for previous use of domain name.

2003 Cfa roster of members

?Universal Services Co., LLC 
4400 Baker Rd., Ste. 600 Minnetonka, MN 55343 
Michael Catain, Pres. & CEO Tel: (952) 541-8111 Fax: (952) 541-9111 
Web site:

Internet Archive wayback machine. 
Web site in 2003.

Universal Capital Partners, LLC

11610 Wayzata Boulevard
Minneapolis, Minnesota 55305
Phone:(952)541-8111 Fax:(952)541-9111

New York Office

460 West 34th St 4th Floor,
New York, NY 10001

I hope this answers your question and is sufficient for you to make a
decision. If it does not, or the answer is unclear, then please ask
for clarification of this research before rating the answer. I shall
respond to the clarification request as soon as I receive it. Having
said that, I am only available today 3 August until 1800 GMT and then
away until Monday 0900 GMT.
Thank you
turretrock-ga rated this answer:5 out of 5 stars
excellent reply I got a lot of information from your reply that I can
follow up mon thank you for your help

Subject: Re: shares escrow potential fraud
From: keystroke-ga on 03 Aug 2006 06:49 PDT
Just to add power to what answerfinder said, my initial search for
this company gave me NO credible evidence as to their validity. I have
seen many other answers on this type of subject by this researcher and
I have to admit that I feel they are the most qualified and
knowledgable to answer these exact questions.


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