Our action group was incorporated in 2002 BY DIRECT SALES VICTIMS THEMSELVES to gain evidence that a lack of regulation in the direct sales industry has lead to the public being targeted for systematic and intentional fraud. By 2008, six years later enough evidence had been collected to interest two top law firms, Edwin Coe LLC and Stone Buildings LLC. The idea was simple… To set up a where victims can register for refund sign with complete confidence due to both anonymity and the freedom of upfront cost. The result being that claim volume has been high enough to attract notable law firms to take on contingency work. Should legal action fail in court, no charge be enforced against claimants. However, to motivate the most prestigious law firm’s claimants will agree to award 40% of their claim. This percentage would equate to five times the legal fee usually charged. Currently some of the most influential law firms on the planet are registered.
Following the previous post Property Investment Schemes Gone Wrong, where we talked about the Ecohouse Property Investment Scheme which is potentially in trouble, there are new alarming developments.
Two British businessmen were sent to jail yesterday for a bonds scam in which investors lost more than $3 million.Timothy Nicholas Goldring, 60, was sentenced to seven years and John Andrew Nordmann, 55, to eight years. They were convicted on 18 charges of cheating involving more than $900,000 worth of investments after a joint trial. They faced a total of 86 charges.