swisscash scam

Originally Posted by Unregistered

OMT stands for Online Money Transfer...
Hopefully it's true, but I don't believe it until someone post the prove...

Thanks

OMT stand for Out Going Money Transfer....

Originally Posted by Unregistered

http://www.kemi.com.sg & contact info http://www.kemi.com.sg/kemicontact.htm

http//www.k-link-sys.com (Old site not work now)
http://www.k-link.com.sg (SereneChea was manager)

They have many business to hide the monies inside. Having profeesional help to erase traces to them.

If Swisscash really crashes after September 15, the date they speculated will open up the site, a lot of investors from around the world will go after Serene Chea and Kenny Chea.

Anyone got their home addresses?

Originally Posted by Unregistered

If Swisscash really crashes after September 15, the date they speculated will open up the site, a lot of investors from around the world will go after Serene Chea and Kenny Chea.

Anyone got their home addresses?

To cover their asses, Serene Chea have came out with a new site to mislead more people - http://www.memberswisscash.com/

All the news and writing are presumably done by her or her group of scammers. Look at the writings and the grammatical mistakes. Are Michael Mansfield and the anonymous Asian Technical Director standard of English too poor for their status in a multi millon dollars corporation?

Come on Serene, don't think we are all fools. Your lies will be exposed with the 15th September deadline. Only Swisscash revival on that date can save you.

Originally Posted by Unregistered

If Swisscash really crashes after September 15, the date they speculated will open up the site, a lot of investors from around the world will go after Serene Chea and Kenny Chea.

Anyone got their home addresses?

Alex Lew (Wen Jie Lew) is register owner on Serena website of billiondollarteam.info I also see posted here.
http://whois.domaintools.com/billiondollarteam.info

registrar: Wen Jie Lew (Alex Lew) Mr Serenea Shackup
blk 538 serangoon north ave 4 , #04-75
Singapore, SINGAPORE, 550538
email: swisscashasia@gmail.com
Tel: (65) 9273-0667

He use to be in Singapore Telephone book but now unlisted. But i dun think Serena unlist number. But here is number and address , but maybe old.

http://www.yellowpages.com.sg

Search Result:
Chea Bee Choon (Serene Chea)
22 Jln Pernama
Singapore , 499263
SINGAPORE
Tel: (65) 6545-8736

Here now Kenny Chea boy friend who make the payout personal meeting and Cheer the MMG Forum always making and helping us believe in Serena group.

Search Result:
Eric Jonathan Lee Woon Mun
blk 560 Ang Mo Kio Ave 10 , #09-1756
Singapore, 560560
SINGAPORE
Tel: (65) 6492-0315

Search Result:
Ho Wai Choy (Alex Ho)
blk 94 Lor 4 Toa Payoh #04-42
Singapore, 310094
SINGAPORE
Tel: (65) 6352-5293

Samuel Chng
Purple Invest Corp
purpleinvestment.com (gone)
Trading # sgsam2824601 & sgkun9927801
samuelchng@hotmail.com
Tel: (65) 6611-3537
sg (65) 9797-2918
my 6017 783-1498
China (86) 135-9035-4918
Thai (66) 868-972-118

They hold seminar here

101A UPPER CROSS STREET #08-15
People's Park Centre (directly oposite ChinaTown Point, beside Futurama Hotel. Take the left from OCBC Bank at first floor)

I dont understand if Swisscash is a scam - how come when I request for my return to be cashed its done without any problems and the money is deposited into my account. I have cashed up to 40k. Can you explain this to me - I didnt realize scams paid out.... curious.

Originally Posted by Unregistered

I dont understand if Swisscash is a scam - how come when I request for my return to be cashed its done without any problems and the money is deposited into my account. I have cashed up to 40k. Can you explain this to me - I didnt realize scams paid out.... curious.

Well, there are two kinds of scams, one which you state would be the outright scam which is short term and the other is the Ponzi Scam (named after Charles Ponzi) which is long term like Swisscash.

Basically, a Ponzi scam works on people's trusts. To gain the trust of the early birds, the Ponzi scam will pay out the returns from the person's invested capital and when the investors sees the returns, they will be counted to invest more, reinvest their returns and also to recruit new members to put in their money. A Ponzi scam does not actually sells anything or make external money, it basically takes new investment to pay off old investors.

For example, in Swisscash case, with the SIP25 program, you are promised 25% returns each month (you only actually earn a profit only on the 5th month as your capital invested cannot be returned). If you are the only investor, what you invested in can last for a period of 4 months without fail with the 25% returns, they are just returning you money you put in in the first place. At which time, they hope that you will invest more of your friends to invest or for you to invest more of your money.

Say you are 'A' and you put in $1000, you get $250 for the first month then you see you got the money, you invite 'B' and 'C' who invested $1000 each and because they come in later, they will get their capital later. On the fifth month, B and C investment would be used to pay you your $250 on the 5th month so you are making a profit off your friends. As long as more investment comes in, the Ponzi scam can continue.

However, what the scammers would do is to cream some of the investments put in by gullible people along the way and then when there is the critical mass, they will shut down the program and they will cream the newest investors capital.

In such a scam, the founders and the early investors would gain and those who do not cash out or are new investments would lose out.

If you have the time search 'Charles Ponzi' on Google and you should have some interesting reading.

In Swisscash case, they lied about their history and now that the governments are going after them, they could have easily cleared their name by just proving that they are real legitimate above-board companies but they decided to hide.

Also their behavior by providing no contact information and how they handle things just shows that they are on the run and not the behavior of a professional business. Businesses don't shut off their investors like that. If their servers are really hit, they could release a newspaper press release about the situation and put up a temporary site to say they are down on emergency maintenance. But they decided to take down all their website and delete all internet traces to them. Which seems weird if you think about it.

Post from other forum , I dun know hwois but maybe some can help this invester who had monies stole by Nurilianna Binti Faissi also know as Masziun Kamarudin from Johor Baru across channel from SG. They steal many big monies B4 website go down.

She also working with Serena group. He make payment from worldfirst.com for payment to sc investments but we know it never went to company, only leaders bank pocket.

Originally Posted by SwissCashForum

BARCLAYS BANK

WIRE RECIEPT

Payment Identification:
Status: completed
BIB Reference Number: 123861117
AP: Reference Number: BIB-2087562197
AFTS Control Reference: 056265

Payment From:
Account Name: World First UK USD
Sort Code: 202646
Account Number: 58516733
Currency: USD

Payment to:
Beneficiary Name: PENTA TRADING CO
Account Number: 57411202186
Beneficiary bank: Standard Chartered Bank (HongKong)
Beneficary Address: Hong Kong
Standard Chartered Tower , Floor 15
3 , Hong Kong
Swift Code: SCBLHKHH

Payment Details:
Debit Currency and Amount: USD$5030.00
Requested Sent Currency and Amount: USD$5030.00
Actual Debit Amount: USD$5030.00

Execution Date: 27/07/2007
Requested Value Date: 27/072007
Available Value Date: 27/07/2007
Actual Value Date: 27/07/2007
Payment Reference:
Order customer Jaffar Shaikh,
707201PP3072 Ref:swisscash IDno
nzsha3365401 , Jaffar Shaikh, New Zealand
Transfer via World First

SWIFT CODE RECIEPT

Swift MT103 copy

Sender: BARCGB22XXX amount $5030.00 currency USD
Reciever: SCBLHKHHXXX Message Date: 27-Jul-2007 Message Type: 103
Inward/Outward Message O
Field 21: ISN: 326527 OSN: 000000
TRN: PETO56265208
Message Details:
[1:F01BARCGB22FXXX2004326527]
[2:1103SCBLHKHHXXXXN]
[3:
[119:STP]
[4:
:20:PETO56256208
:23B:CRED
:32A:070727USD5030.00
:33B:USD5030.00
:50K:/20264658516733
WORLD FIRST UK USD
3 CROMBIE MEWS
11 ABERCROMBIE STREET
LONDON SW11 21B
:53A:BARCUS33
:54A:SCBLUS33
:59:/57411202185
Penta Trading Co
:70: Ordering customer Jaffar shaikh,
707201PP33072 Ref: SC TRno nzsha
3365401 - Jaffar Shaikh , New Zealand
Transfer via World First
-l
27/07/07 15:39:55 205 SWIFT ACKNOWLEDGED

This poor man from Auckland , New Zealand and name Jaffar Shaikh

He ripped of from the muslim Profitized with Serena group

please to help get monies back to him

Originally Posted by Unregistered

I dont understand if Swisscash is a scam - how come when I request for my return to be cashed its done without any problems and the money is deposited into my account. I have cashed up to 40k. Can you explain this to me - I didnt realize scams paid out.... curious.

Because you lucky one early in Ponzi Scam

Early member always luck out.

You $40K is from many loser and we sure you not caring for from what sources

come. U should payback to investor U help Conned in scam scheme

Originally Posted by Unregistered

Post from other forum , I dun know hwois but maybe some can help this invester who had monies stole by Nurilianna Binti Faissi also know as Masziun Kamarudin from Johor Baru across channel from SG. They steal many big monies B4 website go down.

She also working with Serena group. He make payment from worldfirst.com for payment to sc investments but we know it never went to company, only leaders bank pocket.



This poor man from Auckland , New Zealand and name Jaffar Shaikh

He ripped of from the muslim Profitized with Serena group

please to help get monies back to him

This guy username is jrs_jrs6 on MMG forum. Maybe some contacts him and get reply , username Tekebol posted his cry for help on MMG Forum back on Aug 14, 2007.

Originally Posted by Jafar_Shaikh

"Hi All, I am from New Zealand and recently sent USD $5030.00 to Penta Trading Co in Hong Kong on 27th of July through Bank Wire to exchange for 5030 e-points. They promised to deposit the e-points within one week of them recieving the funds. But in my case, they have failed to keep their word. It's now over two weeks since they recieved the money and still the points have not been deposited and now there is no contact from their side either. I would humbly request the moderator of SwissCashForum to help me investigate this matter. Also if anyone knows a bit more information about Penta Trades Co in Hong Kong. Please share this info , thanks.

Jaffar shaikh
jrs_jrs6@yahoo.co.nz

This huy was scammed by the Johor-Singapore leaders who know before it going down and never intend to help members. They scammed us again n again.

Please help all us.

http://www.gov.im/lib/docs/fsc/PublicWarnings/dominicaswissmutualfund.pdf

Government of the Commonwealth of Dominica
FINANCIAL SERVICES UNIT
Ministry of Finance & Planning
Tel: (767) 448-2401 Ext. 3558/3559 5th Floor, Financial Centre
Fax: (767) 448-0054 Kennedy Avenue, Roseau
E-mail: fsu@cwdom.dm Commonwealth of Dominica
West Indies
Ref:
PUBLIC NOTICE

This notice is issued by the Financial Services Unit in the Ministry of Finance and Planning of the Government of the Commonwealth of Dominica.
The public is advised that SWISS MUTUAL FUND (1968) S.A. has been struck
off the register of International Business Companies in the Commonwealth of
Dominica, the company having been dissolved on December 13, 2006.
Please be guided accordingly.

FINANCIAL SERVICES UNIT
MINISTRY OF FINANCE AND PLANNING
August 30, 2007
“Together We Serve, Together We Build”