Mirror (non)Trading International 2 - The Fallout

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LinuxMan

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I reckon the wards have an exit plan as we speak, together with stocks of Lindtbolletjies.
 

ab-user

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This ticket is from JNB to DOH, nothing about South America This ties in with what Flightradar says about flight number QR1378. QR0773 is from DOH to GRU

Taking the above, seems like he took QR1378 to DOH, from where he took QR0773 to São Paulo (GRU)
His return would have been on QR0774 from GRU to DOH, landing the 23rd @ 23:42
IF he is coming to ZA, the next flight will be 24th's QR1377, landing 2:50 p.m (I believe tomorrow?)


IF anybody reads the above, I have no facts other than the posted pictures... Please add copious quantities of could and should
 

LinuxMan

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This ticket is from JNB to DOH, nothing about South America This ties in with what Flightradar says about flight number QR1378. QR0773 is from DOH to GRU

Taking the above, seems like he took QR1378 to DOH, from where he took QR0773 to São Paulo (GRU)
His return would have been on QR0774 from GRU to DOH, landing the 23rd @ 23:42
IF he is coming to ZA, the next flight will be 24th's QR1377, landing 2:50 p.m (I believe tomorrow?)
I highly doubt he will be back here anytime soon. He has many angry people after him.
 

Frikkadel23

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Process takes a while. Probable cause needs to be shown to the magistrate by the IO and in this matter there is no doubt reams of evidence to filter through. SAPS and magistrate are juristic persons so the issue of liability is a big one hence they take their time and strictly follow the rule of law - which is time consuming. The two Marks should eventually end up in custody wherever the matter is being heard I would think.
When that happens, I will take time off work and go to the courthouse where it is for the first days trial.
I need to see this
 

ZA_Witcher

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I really wondered and thought logically about how mti works when it was in a booming faze of recruiting members:unsure:

Like if you open an account at a local bank or investment company you do not need an upline to send you a referral link to join and you cant recruit people for binary bonusses etc.

Also you don't join a WhatsApp group or a Telegram group with a bank or investment company and they don't bite your head off and push you aside when you mention something is suspicious or that it is a scam etc.

But I assume the greed got the best of them.o_O
 

Wary GOM

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Looking at that court document, it is easy to see how stupid MTI members are and also to realise that a case presented like this one is could easily let MTI off the hook. Ffs, what is the justification for adding FSCA as the second respondent? That will be simply laughed out of court. FSCA is not mandated to stop people making idiots of themselves - it is supposed to determine the legitimacy of a financial scheme/company and have illegitimate ones closed down by law enforcement. In this case they also gave public warning about MTI which the applicant simply ignored. ANYONE who wants to try and get their money back must only go for the source(s) of the damages. This is first MTI but then probably also shills and media that promoted the scam.

For God's sake people, get things right!
 
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quovadis

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The really critical reason to try and prevent its being identified as a ponzi is that is the one area where there is no good, firm evidence. The issues of registration, nature of the business, identified management team/directors, that it is an mlm without a product etc can all be proven from the information available.

The fact it is a ponzi only comes when MTI cannot pay out withdrawals due to insufficient funds AND when records can be viewed showing that MTI could never cover withdrawals based on trading profits. By blaming servers, IT, Johan etc etc does not do this

The ramifications of being declared a ponzi introduces an extremely low bar in terms of prosecuting those who participated especially in first world countries. The evidence is literally public and every person they signed up is a separate count. Furthermore, the quantum of this would almost guarantee an extradition request.
 

quovadis

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Looking at that court document, it is easy to see how stupid MTI members are and also to realise that a case presented like this one is could easily let MTI off the hook. Ffs, what is the justification for adding FSCA as the second respondent? That will be simply laughed out of court. FSCA is not mandated to stop people making idiots of themselves - it is supposed to determine the legitimacy of a financial scheme/company and have illegitimate ones closed down by law enforcement. In this case they also gave public warning about MTI which the applicant simply ignored. ANYONE who wants to try and get their money back must only go for the source(s) of the damages. This is first MTI but then probably also shills and media that promoted the scam.

For God's sake people, get thing right!

Do you have a copy of the full submission? There are plenty of reasons why you would want to list the regulatory agency as a respondent.
 

PsyWulf

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I really wondered and thought logically about how mti works when it was in a booming faze of recruiting members:unsure:

Like if you open an account at a local bank or investment company you do not need an upline to send you a referral link to join and you cant recruit people for binary bonusses etc.

Also you don't join a WhatsApp group or a Telegram group with a bank or investment company and they don't bite your head off and push you aside when you mention something is suspicious or that it is a scam etc.

But I assume the greed got the best of them.o_O
No bank or investment company would give you low risk 1% compounding daily interest
 
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