I, like serendipity2, have also been taken for a ride here. I, however, even made the dreadful error of purchasing some other stocks from him -- so I am down a few grand. They seem to be a syndicate of youngsters, looped etc. I have opened a case of fraud with the SAP - Please let me know if there are others interested in doing the same.
Be on the lookout for others as they seem to have been active under other names in the past.