Wednesday 24 January 2018 ShareProphets: The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

AIM Fraud Odd one Out Contest results

By Tom Winnifrith | Monday 6 March 2017


Last week I asked you explain which of the four companies whose logos I showed ( Globo, Cloudtag, Naibu & Polly Peck) was the odd one out. A few of you were game enough to have a stab as you can see HERE.

My answer would be Cloudtag, it is the only one of the four frauds not to have gone bust yet.

But I accept there could have been others:

Naibu, it is the only one whose CEO was in prison while the shares were still trading

Globo: while Ramper Roger Lawson of ShareSoc likes pushing his PA positions in frauds, of this selection Globo is the only one he owned and (without declaring ownership) pumped and then sold before telling his readers to sell.

Polly Peck is the only one where the CEO handed himself into the Rozzers voluntarily. Polly Peck is the only one repeatedly ramped by shamed tipster Mike Walters, whose Mrs penned a glowing book on its shamed CEO Asil Nadir (now in the slammer).

I could go on...odd one out contests are a bit silly really. 

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