ABC Stock Exchange Inc is a Fraudulent Company?

yes!!!!!!!

Our company shipped to someone who worked for ABC they send the package then to another country.. the credit card number they used was stolen!

The bogus company ABC Stock Exchange Inc (www.abc-exchange.com) has quite the overseas scam going. This fake company hires people within the US to accept deliveries of merchandise, purchased with stolen credit cards, and has them send the packages to a bogus company or individual overseas. Here’s how the scam artists do it.

The con-artisits recruit people within the US who have a physical address to ‘work from home’. They use emails, local ads or even telephone pole signs promising to pay individuals large sums of money to work from home. Once an individual contacts them about employment, they are emailed by a phoney HR Manager who appears to be from the US working at a legit company. The manager then emails or mails an actual 3 or 4 page ’Employment Agreement’ (bogus of course) detailing the extent of the employment between the individual and the company. It looks completely legit and very legal-like, complete with a part of the contract requiring confidentiality of proprietary information (threatening the right to file an injunction!) They require the employee to keep all business secrets confidential.

You will be accepted, everyone is, all through email of course. Your job is to receive packages at your house or residence. You are then required to mail these packages, usually to an overseas address, via any of the current shipping or mail carrier providers (USPS Express Mail, UPS, DHL or Fed Ex). The company in turn promises to pay you $25.00 per package or $15 per document. They also promise to reimburse you for the cost of the shipping.

The employment is completely fraudulent. Someone using a stolen credit card makes high valued, online purchases. They use your address as the shipping address to send the merchandise to. You, in return, send the package overseas to the address they give you. In most cases, you never see a paycheck nor the shipping reimbursement. Others have actually received a paycheck from a bogus company in New York. The scheme can very in how its run depending on how profitable and how long before authorities start knocking on doors. What’s worse… the con-artists have your personal information that you submitted to them on the employment application. Who knows if they’re using that information to open credit card accounts to recycle the scam over and over again.

One company notorious for this goes by the name ABC Stock Exchange Inc. The address used on their employment agreement is:

RUSSIAN Federation

Moscow

121170

Kutuzovskly Prospekt 34-2-112

One of the fraudulent shipping addresses in which one employee used to ship packages overseas was:

Kasperovics Nikolajs

Ezeru 11-1

LV-5421 Daugavpils

Latvia

It all looks very legit and legal, but it’s not. It’s credit card fraud with you being the recipient of the stolen goods and the only US traceable address.

Other aliases (bogus contact names) include Victor Leps, HR Manager. They will also use legitimate email addresses from familiar internet provider accounts like bellsouth.net - one fraudulent purchaser used jbrain76@bellsouth.net.

The fraudulent contact email for ABC Stock Exchange Inc. is manager@abc-exchange.com. This is all a fraud. Do not submit your information to them and do not accept packages on their behalf.

If you have any experience with this company including contact, recuitment or work experience contact your local police department immediately. Save the emails or any phone numbers for the police. Ask the local police to file a report with the FBI or provide you information on how you can file with the FBI.

Please post your experiences including emails and shipping addresses given to you. This will build a reference base of fraudulent names, emails and shipping addresses used in the cons and allow it to be indexed by major search engines like google. That information will appear as a result in simple google searches if someone should search the name or address out of curiosity. It’ll help put a serious dent in their operation and cut-off this scam before it starts.

If you are currently working with them or another ‘company’ asking you to do similar tasks, contact the police immediately. Retailers could hold you responsible for credit card and mail order fraud. Hold any packages for the police or FBI.

We will also post more information when we receive it on companies like ABC Stock Exchange Inc – Credit Card Fraud.

Tags: ABC Stock Exchange Inc