Recently, I had been contacted by a lady named Laura who had been involved in a pretty bad scam where she was asked to invest money with a company called Milton Hayward[Is this the company's name or the man's name or both?].  Her story is what follows.

Laura's Story About The Milton Hayward Scam

My family and I believe that we have been involved in a large investment scam. We were contacted by a company called Milton Hayward about 8 months ago; they wanted us to invest in a company called 'For-gold'. After careful consideration and further persuasion from Milton Hayward, we did it...we invested and sent a large sum of money over to Hong Kong.

We were dealing with three main contacts at Milton Hayward - John Cannon, Mark Harvey and Micheal Gellard. The investment was said to be a signed deal and we were scheduled to have our money back plus all the extra within 6 months! Then they kept on asking for more and more. We were trapped!   We felt scared to lose our money and struggled to hold on to the fact that they were telling us that we would get it back soon.

It is now clear that this is what 'boiler room' scams are all about...but we thought we had checked everything and were too trusting in what they had said.

Our present mission is to find more people that have been burnt by this company in order to fight back. I know we have probably lost all our money but I want to help others and try to make people more aware of the dirty scumbags that are out there!

Have You Been Involved Or Have Information

I really feel bad for Laura and her situation.  I've fallen for my share of scams so I know how she feels.  The worst part of all: She has been searching the Internet and can't find any info about this scam.  I know because I've tried myself.

This is where you come in.  If you have any info on this scam please leave a comment below. If you have been a victim of this scam, please feel free to leave your story below as well.

Together, we can all work towards exposing these criminals to prevent others from falling prey to this terrible scam.

Next week Monday I will be posting an article on how to report scams like these and what to do.  One thing I've noticed is that once people have fallen for scams like this, they don't know where to turn next.  In that post I hope to take some of the mystery out of reporting scams.

Till Then,

Chris

This post was featured in Money Hacks Carnival by The Consumer Boomer.