Penny Stock Fraud Info
-Peter Leeds - spamming and scamming with deceptive self promotions
Peter Leeds tries to be more sophisticated and on first glance his disgusting advertising doesn’t look like SPAM.
The scam - “Kim” at posted at my credit blog:
“Penny stocks can be a risky investment so it’s good to know your facts. I found a great site that can help you learn how to make wise investments in the penny stock market. It provides a free guide with great information. You can find it here http://www.pennystocks.com Good luck with your stock picks!”
Apparently, a lot of people are too dumb to figure out that this is a SCAM, and in this case, an illegal promotion in violation of my terms. Pennystocks.com is a front for Peterleeds.com and there is NOTHING worthwhile.
So, stay away from Peter Leeds.
Since Peter has to resort to such deplorable and illegal advertising, his stock picks must truly suck.
-- URL e-mailed to and
“You owe me $50.
Christine Baker”
---------------------------------------
3/18/08 UPDATE: If course I didn’t get paid, but this reader submission speaks for itself:
I have used this service- while a few featured stocks here and there have accumulated in value, I can see that months have gone by with the majority of them in fact really just losing value after being featured for example in Hot List and Quick Fix sections.
A real Red Flag though, is their non-refundable subscription policy- it was a mistake to deal with anyone offering this.
To be fair, I’m sure that a lot of lemons have been screened out from the picks that are offered, and there is useful advise in the education materials, but I signed on hoping for a higher percentage of winning recommendations that would be better than picking stocks myself- personally, I probably would have been better off with joining some kind of signal provider service.
Mr. G.
Posted by Christine on 05/13 at 01:47 PM in Peter Leeds - scamming spammer
