Brits flee Bangkok boiler room

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Brits flee Bangkok boiler room
by Andrew Drummond

BANGKOK: -- Six Britons have fled Bangkok after taking salesmen jobs there only to find out that they were being asked to work for one of the city’s notorious ‘Boiler Room’ scams.

At least one, a card carrying member of Britain’s Labour Party, has lodged a complaint which is with New Scotland Yard.

Currently several different agencies in the U.K, Europe, Australia and New Zealand have on-going operations targeting Asian boiler rooms.

But despite action by Thailand’s Securities Exchange Commission, or perhaps because of their inability to do little more than have a court impose fines, Bangkok is still regarded as the world capital of these infamous share scammers.

Dominion Provident Marketing Services

The boiler room in the centre of the latest controversy is situated in a slightly run down eight storey building at 12/1 Saladeang Soi 1. There on the fifth floor of Srinakarin Plad Building, under the shadow of Reuters in Rama IV Road ‘qualifiers’ work the phones seeking gullible investors in Europe.

According to a statement given to the Metropolitan Police in London the boiler room is run working under the name Dominion Provident Marketing Services by Britons David Richards, Zach Carlton, and Robert Wallace. Carlton, a shaven haired man claiming to be ex-army, was described as the General Manager. Wallace and Richards were described as directors.

Richards himself conducted interviews in London claiming to be a representative of a company called Donaldson Recruitment operating on behalf of Dominion Provident. The interviews were held in the Mortlake Business Centre, in Mortlake High Street, London SW 14.

The ‘succesful applicants’ were all provided with round trip air fares to Bangkok and given accommodation in Baan K Residence in Saladeang Soi 2. The company also sponsored Immigration B visas.

The principal informant, a member of the Labour party said: “Within hours of seeing the set up in Bangkok I knew there was something wrong. They told us that when we left the premises never to tell anyone what work we did or where we worked.”

He said all the recruits were told that they were selling on behalf of a company called ‘Earle Carlton & Hughes’.

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http://www.andrew-drummond.com/2010/12/02/brits-flee-bangkok-boiler-room/