Potential Investors are advised that Soltera Mining management has recently learned of fraudulent Soltera stock certificates being sold by companies claiming to offer Class A stock certificates. In other instances, payments made by potential investors to ‘brokers’ have simply disappeared.
Typically, the potential investor is contacted by telephone and the call sounds legitimate. The caller promotes a company (in this case Soltera) and sounds knowledgeable on the subject.
All incidents to date are in the U.K, but it could happen to anyone, anywhere and all investors should be alert to any unsolicited approaches to invest. Such approaches should be reported immediately to the relevant regulatory authorities.
In the UK, the regulatory authority is the Financial Services Authority and their telephone number is 0845 606 1234 and their email address is fcc@fsa.gov.uk. Their web site, www.fsa.gov.uk, provides more information on this type of fraud which is known as ‘Boiler Room Scams’.