Mirror (non)Trading International 3 - Freemasons,Russians,and no bitcoins

[RedViking]

Yeah, but as a manager of a fund, surely he could have googled the company name and all these threads would have come up. Now he's unable to pay back his team's money.

I mean now, we discussed in January already and told people to stay the **** away

He most probably did. 99% he did. But making money and then cry foul afterwards is how they roll.

 

[Whyarewehere]

I fixed it, I selected my next recipe to try

Here is the clip

I have seen this video out there for years but refused to listen to cheri for that long, so just watched it now for the first time.

What i would like to say is what kind of sorcery is this, i mean people could have just listened to cheri and they would have never invested in mti, the irony. Maybe i will start using this video and tell people, dont listen to me, listen to cheri.

Secondly then she cannot ever say she did not know.

And lastly, she basically calls mmm a scam, but either her or clinton was involved in mmm if i recall?

 

[Whyarewehere]

And remember that BTC had a bullrun over the last few months. There's a very real possibility that there's still close to 9Bn in that account

No there is 0 possibilty. Remember, that Rand value of 9 billion is based on trading and growth of 10% a month (there was no trading or growth).

 

[Whyarewehere]

A year ago BTC was at R103k.
Today it's worth R395k!!!

View attachment 984416

If these guys stole less than R9bn, they should still have more than R9bn left!! Look, it is a bit more complicated than that since not everybody chipped in at the same time, but mathematically if they stole say R1bn, then they can give everybody's money back and then some.

Pay the fine for not paying tax for MIT as a business, and each of you pay your fine and penalty for not paying PAYE and not having MTI's books audited and you're free.

What am I missing here?

If you have 0 bitcoin in a wallet and the bitcoin price goes from 6000$ to 30000$, then you still have R0

 

[RedViking]

i mean people could have just listened to cheri

People who invest in this scheme falls asleep to her voice..... don't be mistaken.

Battered Ponzi Syndrome

 

[Whyarewehere]

I tried... but sorry I couldn't watch it.
Also... it's soooo long.

How many ponzis "recover" funds for the initial investors? And how many recover an amount that's "worth it"?
I.e. if someone puts in R100k and 5 years from now they get back R1000 because all the funds couldn't be returned and legal costs took a lot of what was returned.

You should have seen on telegram last night, the people dont want the value back they invested, they want the value back at current bitcoin prices. They dont seem to understand that the liquidator needs to try and claw back your real world losses and not your opportunity cost lost. They still live in a fairytail world if they even think they would get back their investment loss nevermind the perceived loss at current prices. Always stay in fairy land and greedy to the end this bunch.

 

[gottagoon]

This thread has educated me A LOT about Ponzi Schemes. Kudus to all that have posted here .

 

[expedite]

You should have seen on telegram last night, the people dont want the value back they invested, they want the value back at current bitcoin prices. They dont seem to understand that the liquidator needs to try and claw back your real world losses and not your opportunity cost lost. They still live in a fairytail world if they even think they would get back their investment loss nevermind the perceived loss at current prices. Always stay in fairy land and greedy to the end this bunch.

I agree. Also a liquidation of a "normal" insolvent business is one thing, an illegal business that approximates theft is another thing entirely. I think a shock wave is still on the way.

 

[Alton Turner Blackwood]

If you have 0 bitcoin in a wallet and the bitcoin price goes from 6000$ to 30000$, then you still have R0

You're right! He used the Trade300 "broker" which was himself

 

[Snyper564]

Absolutely could not resist being "that" comment

 

[Thugscub]

Fat Ass eating caviar the idiots eating beans. Bwahaha ha lol.

 

[acidrain]

This guy "invested" other people's money (he calls them his team) into MTI.

You can hear in his voice he's about to off himself

It's all for show. Expressing emotion is the easiest way to get sympathy.

The only reason I feel that video came out is because of all the comments he was getting on his videos. I myself commented on how he can be apologetic to his users if he doesn't even have the stones to make an apology or admission of failure video for the users he dragged into it.

He is trying to redeem himself but I do not believe it for one second, purely because he is peddling other schemes. That and a legit product reviewer wouldn't put referrals in their links.

 

[ShirleyJames]

I agree. Also a liquidation of a "normal" insolvent business is one thing, an illegal business that approximates theft is another thing entirely. I think a shock wave is still on the way.

A big one

 

[Sinbad]

This thread has educated me A LOT about Ponzi Schemes. Kudus to all that have posted here .

Is that like passing the buck?

 

[saunj09]

Good morning everyone. I found this post on a group and found it quite interesting. Her husband was the old director of MTI but left. Someone can notify authorities ?

 

[quovadis]

Asset Forfeiture may be able to, but I'm not to versed on the criminal side of things and the acts and rules applicable there

Please humour me for a minute and perhaps you can provide a view or opinion.

Hypothetically, as it currently stands there are two scenarios/versions of the MTI sage (whether true or false they are arguably not determined legally).

1. MTI is a legitimate business with regulation and license issues and probable transgressions of various laws. Notwithstanding that, they have asserted that they are a victim of deception by a single actor and perhaps accomplice(s), the entire scheme is legitimate but cannot continue as they may have fled with the member’s pooled funds.
2. MTI is criminal enterprise and ponzi that deceived its members and that many are complicit in this scheme some more than others.

My concern is this - In the absence of a legal determination of either then surely the value of the claim which is submitted by the investors to the liquidators as part of the nomination process and possible claims process would be the balance outstanding amount including any interest/bonuses etc up until the date of provisional liquidation?

Surely that would the be status quo in terms of the liquidators until such time as the facts are determined at which time the claims would be revised accordingly in line with recoveries of such schemes?

 

[r00igev@@r]

Good morning everyone. I found this post on a group and found it quite interesting. Her husband was the old director of MTI but left. Someone can notify authorities ?

First rule of MTI Founder's pool...

 

[PsyWulf]

And lastly, she basically calls mmm a scam, but either her or clinton was involved in mmm if i recall?

After MMM got revealed as a ponzi internationally it continued openly as such,much like the whatsapp gifting/stokvels here. Literally everybody would know at some point but it continued

Kudus

EricVenteeeeeeeeeeeeeerrrrrrrrr

It's all for show. Expressing emotion is the easiest way to get sympathy.

The only reason I feel that video came out is because of all the comments he was getting on his videos. I myself commented on how he can be apologetic to his users if he doesn't even have the stones to make an apology or admission of failure video for the users he dragged into it.

He is trying to redeem himself but I do not believe it for one second, purely because he is peddling other schemes. That and a legit product reviewer wouldn't put referrals in their links.

Him and CA are filtering responses too,I had some choice verbage for them on their lack of integrity and bias,it's hidden

 

[r00igev@@r]

Please humour me for a minute and perhaps you can provide a view or opinion.

Hypothetically, as it currently stands there are two scenarios/versions of the MTI sage (whether true or false they are arguably not determined legally).

1. MTI is a legitimate business with regulation and license issues and probable transgressions of various laws. Notwithstanding that, they have asserted that they are a victim of deception by a single actor and perhaps accomplice(s), the entire scheme is legitimate but cannot continue as they may have fled with the member’s pooled funds.
2. MTI is criminal enterprise and ponzi that deceived its members and that many are complicit in this scheme some more than others.

My concern is this - In the absence of a legal determination of either then surely the value of the claim which is submitted by the investors to the liquidators as part of the nomination process and possible claims process would be the balance outstanding amount including any interest/bonuses etc up until the date of provisional liquidation?

Surely that would the be status quo in terms of the liquidators until such time as the facts are determined at which time the claims would be revised accordingly in line with recoveries of such schemes?

Don't confuse criminal and commercial.
Criminal is beyond a reasonable doubt.
Commercial is balance of probabilities.

But regardless the liquidators are too late. It is a side show to put the heat on the poephol from Polekwane. Most of the BTC is in Clxntxn Mxrks' wallets and Jxhxnn was just his bxtch. He was in charge of Abdullah and the fake bot.

Given the balance of probabilities scenario and that it is beyond dispute that Clxntxn was the at the top of the pyramid and even bragged about it, it is best for the depositors to sue Clxtxn in his personal capacity. Also sue the person who introduced you to this shxtshxw in their personal capacity.

PS: Don't bet on Ulrich helping, he is too busy covering up for Andrew who looks after Clxntxn's wallets as he is to thick to do it himself.

 

[quovadis]

Don't confuse criminal and commercial.
Criminal is beyond a reasonable doubt.
Commercial is balance of probabilities.

But regardless the liquidators are too late. It is a side show to put the heat on the poephol from Polekwane. Most of the BTC is in Clxntxn Mxrks' wallets and Jxhxnn was just his bxtch. He was in charge of Abdullah and the fake bot.

Given the balance of probabilities scenario and that it is beyond dispute that Clxntxn was the at the top of the pyramid and even bragged about it, it is best for the depositors to sue Clxtxn in his personal capacity. Also sue the person who introduced you to this shxtshxw in their personal capacity.

PS: Don't bet on Ulrich helping, he is too busy covering up for Andrew who looks after Clxntxn's wallets as he is to thick to do it himself.

Step back for a moment and conside I'm not arguing probabilities I'm discussing reality / fact in terms of due process. The provincial liquidation order didn't determine or make a finding on either. Surely, until such time as a civil or criminal action determines as such the liquidators cannot simply assume it's one or the other?