Current Status

This blog is not frequently updated because most case-by-case scam reports are now listed in subordinate blogs. At this point in time, most of my efforts are targeted at documenting employment scams in the Suckers Wanted blog.


Pump and Dump: EDEX

First appearing in my recent stock spam round-up, EDEX has reappeared with another shotgun-blast of spam. (This is slightly old news, because I'm still clearing a backlog.) Given the stock prices involved, it looks like classic pump and dump. There is a little variation between the spams, but the following sample is typical.

Watch Alert for Tomorrow  JULY 12, 2005


Current Price:  .20

We Expect This To Fly:
World demand for oil is off the charts.


Eldorado Exploration Oil Well
Monday July 11, 4:00 pm ET

IRVINE, Calif.--(BUSINESS WIRE)--July 11, 2005--Eldorado Exploration (Pink
Sheets:EDEX - announced today that its Eastland County Texas wildcat has
multiple zones indicated by logs to have potential oil production. Casing
has been set and the well is waiting a completion rig for further testing.
The well, located on the western edge of the Ft. Worth Basin, was found
using Passive Induced Polarization, passive reflection seismology and
radiometric geophysics along with supportive subsurface geology from other
wells in the area. Several other prospects have been found by the company in
the surrounding area and a leasing program is under way. (partial clip of
the news release)

World demand for oil is off the charts..........

"We are proud of our company and will strive to make it a leader, not a

WE think that says it all and from a man that should know,

The CEO of the company!

Seven instances were received in rapid succession. I'm not going to bother with reverse lookups or WHOIS data for these, since it rarely proves interesting. All were received at "address X".

IP AddressDate Received, 12 Jul 2005 00:41:23 -0000, 12 Jul 2005 04:19:38 -0000, 12 Jul 2005 04:31:16 -0000, 12 Jul 2005 06:51:35 -0000, 12 Jul 2005 11:05:02 -0000, 12 Jul 2005 12:38:49 -0000, 12 Jul 2005 17:33:15 -0000

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