Chartwell Asset Management
I was contacted by Chartwell to purchase shares I held.in order to process this, I had to post bond by wire transfer. Shares not sold / wire transfer not returned

In September I was approached by a company called Chartwell Asset Management offering to purchase shares I held in a company called Spantel Communications at above market price.

As a condition of the purchase I was required to post a bond by wire transferring funds to insure the certificate they were remitting was genuine.

I wired a "security deposit of $15,600 to proceed with the sale of stock.

They then tried to entice to buy more stock through their firm and in turn an additional security deposit.

When I refused they said that they may have to file a notice of default and would return my monies.

In spite of numerous faxes, messages left no money has been returned.

With hindsight, I believe I was part of a much larger rip off as they had full knowledge of my share portfolio acquired in Spantel and EDHC (shares to the value of $50,000) which I purchased through a company called Goodman Hart based in Spain who later "merged" with a company called Morgan Paris who in turn have disappeared.

The two episodes may not be connected but I think that it is additional information that you may require, and I would be pleased to fax any documents you feel appropriate.

Even more recently I have been approached by a company called Franchise Holdings International inc based in Spain to use these shares as a credit against a new stock called FNHI but due to past experiences I am loath to do so. I would be happy to discuss this matter further.

Brian
Paget
Bermuda

Company: Chartwell Asset Management
Country: USA
State: Nebraska
City: Omaha
Address: 2120 S. 72nd Street
Phone: 4025713034

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