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.
The refund group start to attack credit card companies and bank under the 1975 Consumer credit Act (UK) to assist victims to regain monies from credit card or bank loan purchases. This is currently being explored in Asia also.
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.
Audit confirms that 14,000 Asians have requested a free assessment from the refund group.
We broaden our in field of investigation and make an official press release for Asia in particular, we are now authorized to collect information on Land banking and Wine/Rum & Diamond Investment Schemes.
The International Trust Law Office serve a writ of summons of the directors of Royal Bali and Royal Goan Beach Properties. Registered in the District Court of Denpasar in Bali on behalf of sales victims both in Europe and Singapore. This now officially recorded and is public knowledge. Case number: 696/PDT/6/2011/PND. This is the first time in legal history that Singaporean owners have been included in a class action law suit against the timeshare sales industry in Asia.
We allocate funds to The International Trust Law Office in Bali, Indonesia to investigate the legal possibility of filing a writ in court.
We release an updated advert in the Straits Times informing the public that 4.6 million dollars of refunds has been lodged at the Singaporean free sign up center.