What about pinetree.................

Same old story by YM on talkgold forum , now he is hanging on Swisscash@SMF
here, for most it took month's to realise the fact but for him it will take a few more
years to realise this investment is scam. Sorry to you YM for being uneducated.

As for Albert Lee , it is not YM. It was XXXXX@former MMG member.

GPRS

QUOTE:
No proper Official News from SC/SMF1948. Final action by investors world-wide to be taken soon!
UNQUOTE:

IS THIS NOT OFFICIAL NEWS FROM SC/SMF1948?

Open quote:

"Dear all SMF and SC Investors,

Thanks a lot for your patience still being with us and trusting us as
your Investing Company. As all of you might heard about bad news in
recent days or months about SC, we found our responsibility to inform
you about the following matters:

1- In 18.Aug.2007 the Mareva department of Interpol has blocked our
servers and websites and locked them all and also all our mirror
websites and brought our case to an International court without any
documents against us. Just as we were the best HY paying on internet!
While we have over 580,000 investors worldwide in over 200 countries.

2- In about 28 months of successful performance of SMF, there is no
individual who can claim not receiving payments from us so we had no
complaints. But they have blocked access to our websites. So Most of
our investors would imagine that we are scammers and disappeared from
web and got all their money with us.
3- Here we promise you to be available soon in a different name and
policy to serve and support our clients to show our commitment to all
of you and this great business.

4- We only ask you to be patient to get good news from our Financial
Consultants and local technical Managers and do not trust any news or
new websites except what we send you by SMS or email.

5- Our great financial team and traders would start a new age of
trading plans for you that no one would even imagine of it.

6- We might use local experts for our financial affairs with a global
support.

7- Our new partner promised us to get ready and functional until 15
September to continue this great business in behalf of SMF.

So we strongly ask you not to trust anyone or any other scam websites
during this period except our introduced agents. We will announce you
by mail or SMS [b]or only through this temporary website.[/b]

Thanks a lot for your support and patience

Chief Financial Officer of SMF
Michael Mansfield
Aug.30.2007"
Close quote



ymg

HOW MUCH DID U LOSE IN SWISS CASH ?

Quote
" For instance, anyone know any info on these guys?

SWISSCASH LEADER
(BRUNEI)


SWISSCASH LEADER
(CHINA)


SWISSCASH LEADER
(SAUDI)


SWISSCASH LEADER
(INDIA)


SWISSCASH LEADER
(CANADA)


SWISSCASH LEADER
(USA)


SWISSCASH LEADER
(SWEDEN)


(Comes from http://www.comfort2invest.com/investment.html, Abdul Rashid. I don't think this guy has any idea SC is a scam because he has his pic and info about himself on the site. He's not hiding at all.)
[/quote] " Unquote


Anniebanany has published names in this forum (internet as a whole) without valid facts. We can't just post anything from any websites and publish it anywhere without first checking on its contents. Any postings should not involve persons names if you do not have concrete evidence as this will lead to slender. The names posted here are lifted from "comfort2invest.com" which in turns belongs to Abdul Rashid. If he claims these are the leaders of the mentioned countries, let him answer to the lawyers. Do not allow yourselves to be drag into this as well. It is illegal to write accusation or pointing fingers as legal action can be taken to counter such accusations.

I am the upline for one of the person listed. He has contacted me and claimed that he is not a leader of his country. I confirmed that he does not have any downlines except he himself as an investor. He is very upset with this posting and has contacted his lawyer to look into this posting.

Anniebanany. if you are able to make any changes to this post, please do so.

All nonsense from a person and company that doesn't exist.

What a load of rubbish about "always paying".Was it not SC who decided to withhold payments to Singapore,Malaysia and the Phillipines? Was it not SC who suddenly put investors money into a new plan without their permission? Of course it was. Did SC's legal team fight the injunction ? No ! Ever bothered to wonder why ?

Swisscash never existed,just a few swindlers running a ponzi.

Very sorry for the last paragraph. I posted it too fast. I should have put it under my comment. Now, it has passed the 24 hours under the forum's time-limit for editing, I am not able to edit it. I believe overall, it's going to help the current issue. Do keep up your good work. Very sorry once again for any mistakes or inconvenience caused.

Hi PoliceInterpol,

Apology accepted. Thanks for visiting my website. If SC / SMF did not make an effort to address investors anytime this month, we are going to take action. Hope you are with us. We can's just wait and hope.




Hi PoliceInterpol,

Apology accepted. Thanks for visiting my website. If SC / SMF did not make an effort to address investors anytime this month, we are going to take action. Hope you are with us. We can't just wait and hope.

YOU STILL DO NOT UNDERSTAND THE PURPOSE OF THE SCGUIDE.COM. THIS SITE WAS CREATED BY AN INVESTOR OF SWISSCASH FOR COMMINICATION PURPOSE ONLY AND WAS APPROVED BY THE SC/SMF MANAGEMENT.

ymg

PS: I THINK YOU ARE VERY SKIlLFUL IN TWISTING WHAT I POSTED.

Count me in bro , i cant wait anymore , tq

I have edited as you wished. I was not pointing fingers as I asked if anyone KNEW who they were, and some even had "Nicknames". These people are looking for their money here, and there seems to be only one way to look,....UP.
Where did their money go?
To the epoints dealers!
And that's where the money trail starts,...no?

Now, obviously, if this person has no downlines, he may not be a dealer, on the other hand, he may have only been a dealer and had no downline, ...am I correct? He could have just been making his percent on the exchanges, for others downlines,..is this also correct?
(I'm not being facetious, I'm asking)


You'll note I stated Mr. Rashed did not appear to have any problem appearing with his family on his site. If he had hidden his identity, it may have then appeared to be misleading information. But, Mr. Rashid seems to have no problem with either people knowing who and where he is, and who the e-points dealers are.
Most people in Swisscash had no clue what was really going on, and probably, didn't care as long as they would get such fabulous returns.
How did Mr. Rashid determine that these were dealers? Would he not have been given this info through Swisscash, so that his downlines in other countries could do their epoints deals?

Also, the majority of the e-points dealers , I'm sure, were unaware that they had been set up to perform a questionable duty. Some, however, were well aware that this was being a "money-mule", and against AML laws.
Swisscash made up excellent stories to cover this need, the "bank servers couldn't handle the volume" and the epoints was much better handled by "regional dealers". Certainly, some had no idea that this could land them in trouble.

At one point, the names of e-point dealers were posted all over the place. Then, BB Ng, Chea, and several other of the "Top Dogs" started pulling their sites (and pics) down and going into hiding.
They neglected to relay their reasons for this to their downlines, nor tell them that they should be "laying low".

If you are the upline of one of these dealers, perhaps you could council him/her as to what is to be said to the authorities. I am sure it will come to that if the members make complaints about their uplines, or the Mareva expands, as I expect it will,...
If your friend has gone to a lawyer, are you saying he did NOT lose money in Swisscash? Otherwise, why would he not go to the actual police dept. applicable in order to , at least, attempt to recoup his losses?
In most places, there's no crime in being a victim of fraud.
This goes for you, as well. Are you happy with your losses?

I'm sorry that some people were too busy cheerleading and collecting payouts to do proper DD and figure out that Swisscash was NOT REAL.
If you got these people into this, then you could be instrumental in getting them out of it.
Or, at least, helping them to get their investments back.
Some of these people have been left with HUGE debt, as they took out loans in order to invest.

My intention was not to offend but to discover. Perhaps it's better that your friend, whichever one he is/was, found out he was listed here, than find out by being arrested after the authorities found his name. At least, he also has the opportunity still to get that (refernce to himself as a dealer) out of public information highway.

P.S. I am a slow reader/writer. I have now managed to catch up with the posts, and see that you have decided to help with this. Hallelujah!!
Your support will be very helpful!

P.P.S. While I was out, it occurred to me that it may be in people's best interest to "google" their own names, and see what might come up. Certainly, some people have very common names (as I do) but if you google using another keyword (such as "swisscash", etc.) that might be relative to what you do, it may help to know if you are being named and why.
And yes, there are many sites where you (or your employer) may have posted your own name as a professional in whatever form.

Sure I understand the purpose of the SCguide. It's to scam the rest of the money out of the investors before it can be given back to them by SC Malaysia, among any other Securities Commissions which may join in the Mareva.

And if what you're saying is true, then, why is it using several proxies, and fake ID,....?
Communication shouldn't require cloak and dagger.

Also, it seems people who are not Swisscash are the makers of the site. There is copy/paste from Swisscash original site, then, a few pages of directions for Suntraders in a different person(s) bad english.
Definitely NOT from original Swisscash admin.

My anti-phishing alarm goes nuts when it hits SCguide, and the "Wrong certificate" alarm does as well. If it's only for communication, ....why is it phishing? Why does it need the certificate?

THE SCGUIDE SITE WAS NOT CREATED BY SC/SMF MANAGEMENT. IT WAS CREATED BY A SC INVESTOR, ONLY FOR THE TEMPORARY COMMUNICATION PURPOSE, THE SAME LIKE BULLTIN BOARD. RE:ANTI-PHISHING ALARM, THIS IS DUE TO CERTAIN KIND OF SCRIPTS INSTALLED FOR THE LINKAGE TO www.suntraders.com by CLICKING THE LOGOS. THE USE OF THESE SCRIPTS DOES NOT NECESSARILY MEAN THE WEBSITES INVOLVED ARE "MALICIOUS".


Plz Try To Grasp A Whole Picture Not Paying Too Much Attention to Technical Details.
A Software Is Not So Reliable As Compared To A Human Brain As To the Capacity of Judgement. IT IS JUST A TOOL FOR US TO EMPLOY IN MAKING OUR JUDGEMENT]

ymg

YMG, Hello, the entire thing stinks of scam, just like Suntraders. Don't give me this "Whole Picture" as opposed to "Technical Details".
A technical detail would be Swisscash not having a licence to operate,..and another would be having a person named "Michael Mansfield" who doesn't actually exist!
Please. don't give me this "Only for communication stuff".
If you know so much, who put up the site?
Who is Joseph Varentoze?
Why doesn't he know if he's in Denver or Hong Kong?
Why does this IP trace to an unnamed host in Miami, Florida today?

205.234.111.129 r03-8.iad.defenderhosting.com Washington, DC, USA
69.65.112.25 r01.iad.defenderhosting.com Washington, DC, USA
69.65.112.2 r02.iad.defenderhosting.com Washington, DC, USA
205.198.14.245 ge2-10.as.eqxashva.aleron.net Ashburn, VA, USA
154.54.5.61 v3495.mpd01.dca02.atlas.cogentco.com Washington, DC, USA
154.54.7.5 v3498.mpd01.dca01.atlas.cogentco.com Washington, DC, USA
154.54.24.10 t9-3.ccr01.atl01.atlas.cogentco.com Atlanta, GA, USA
154.54.5.37 g6-0-0.core01.atl01.atlas.cogentco.com Atlanta, GA, USA
154.54.3.198 p14-0.core01.jax01.atlas.cogentco.com Jacksonville, FL, USA
154.54.3.190 p9-0.core02.mia03.atlas.cogentco.com Miami, FL, USA
38.112.37.54 vl3522.na21.b006657-0.mia03.atlas.cogentco.com Miami, FL, USA
38.112.7.230 Webhosting_dot_net.demarc.cogentco.com Washington, DC, USA
66.232.22.18 (unnamed) Miami, FL, USA

My human brain, such as it is, says it's a scam. And it also says that you seem to have some vested interest in proclaiming it to be honest and innocent, along with Suntraders, the APC, no, FMR, no, who is it this week?

The "Whole Picture" here is Swisscashguide was set-up to con the members into giving up their passwords and ID, so someone else could clean out their accounts. Oddly enough, the site didn't appear until the Malaysian gov't had closed the other real sites, and frozen the bank accounts and someone would then be aware that there will eventually be monies refunded to the members. (Aug 20th this site opened)

Now, if it was created by 'only' an SC investor, why is the SC investor sending members to ST to give up their info?
Did this investor get a letter from SC/smf telling him to do this?
If so, why doesn't he post the letter?
If it is for SC/SMF communication, then why doesn't Mansfield or Lee or BB Ng COMMUNICATE?

Because it's a scam.

I THINK YOU HAVE SOME WRONG ASSUMPTIONS FOR MAKING YOUR OPINION.

THE REAL FACTS ARE AS FOLLOWS:

THE MAREVA INJUNCTION HAS NEVER BEEN APPLIED TO SC/SMF BANK ACCOUNTS OUTSIDE MALAYSIA OR TO AMIR HASSAN BANK ACCOUNTS OUTSIDE MALAYSIA, CONTRARY WHAT THE MALAY SC ANNOUNCED.

ST Purchased the Domain Name: Suntraders.com On 20 September 5 Days After The Partnership Agreemment Made Between Ex-SC/SMF Management and ST Management.

Michael Mansfield Never Announced That SC/SMF Bank Accounts were Frozen by the Mareva Injunction. He announced that SC/SMF was processing OMTs Manually Even After the Websites Crashed Because of the Interventions Following the Mareva Injunction.
(I have a proof that OMTs were processed even after the websites went down).

Mansfield Announced The Change of The Method of Communications From the SMS and E-mails to through Regional Consultans or "the Temporary Website".


ymg

Say ymg and Mat, ummmmm could you do us all a pleasant favor?? Could you walk off a cliff either today or tonight for us ? Thanks man.

No Fairy stories here, YM. Mansfield doesn't exist. Swisscash scammed a lot of money from trusting people.
Amir is apparently a buddy of yours, since you seem to know so much about which bank accounts he's still capable of accessing. I'm assuming one of them would be where your "OMT PROOF" came from.

Here's your OMT proof:

Quote from YM " THE REASON: ONE OF MY DONWLINES IN TOKYO RECEIVED an OTM ON 24 AUG.2007 FROM
PENTA EXIM(AMIR`s Company?).

DETAILS OF ADVICE OF INWARD REMITTANCE

BENEFICIARY: A/C NO 60509939XX
Sadax XXXXX
REMITTING BANK
STANDARD CHARTED NY SCB (HK), HK

BY ORDER OF: PENTA EXIM ROOM XXXX XXXX X MINDEN RDV
A/C NO.00000005741120xxxx""

END QUOTE

First of all, YM, You typed this yourself. If you want people to believe you, you have to start showing URL's and learning how to do a screen-shot.
Secondly, there's no date on this. Only the date you put in the first sentence. This could be any date, could have been yesterday,..you just typed up some rubbish and posted it.
Thirdly, This isn't what it would say on a remittance notice.
Fourth:Nothing on here says anything about Amir. Show me proof that this is Amir's bank account or company.
Fifth: Nothing on here says it's from Swisscash. Since when is Amir the "Top Dog" and money-wrangler? Something just slip out there, YM?
Or, is this money someone sent you to keep trying to divert the members from moving against Swisscash admins?

Here is the url for the Mareva.

http://www.sc.com.my/ENG/HTML/resources/pr...70710mareva.pdf

Do you see Michael Mansfield on it?
No? Why? Because somebody told them that Mansfield doesn't exist.
2. Amir is NOT ALLOWED to use his blog nor dreamkaya sites.
3. Amir is not allowed to move any money anywhere. If you prove he sent that money AFTER the Mareva, then you prove he has broken the Mareva. Go for it.

For investors wanting to take action vs Swisscash/SMF their dealers, leaders and uplines, join the forum below, and tell all your downlines and trusted uplines.

sc.smfforfree4.com

By December 7th, many people will be stepping forward to take action vs this silence. Visit peoplevsswisscash.blogspot.com to find out info on how you can take action in your country.

"Evil triumphs when Good men do nothing". So lets do something NOW everyone!

IN ADDITION TO MY DOWNLINES AND MY DAUGHTER, THERE ARE SOME EX-SC INVESTORS WHO RECEIVED OMTs. Found the below post at:http://www.millionaire-gain.com/sc.html

Quote:
In view that there is one Jamaican downline who got her sms on epoint transfer of US7,500 with correct ID at her US hand phone on 14 Oct and 2 blank SMS for Asia downline during Phase 1 data cleaning. We have decided to take the risk of keying in our info and submit by clicking on the logo at Phase 2.
Unquote:

RE: Mansfield, Even It Is Not A Real Name, The Person Using This Name Is Existing. For example,there is no person with the real name of ymg, the person using this name is Posting Right Now Here.

Hope You See My Points.


ymg

Bravo.
Instead of believing that SC was real and will be back,do something positive to recover your losses.

And the IP trace for your millionaire-gain site goes through Hong Kong to Singapore.

So, suntraders is from New York? But this big promo/instruction page site is from SG? How surprising!!
So, now suntraders has been with Swisscash since November 2006 (when this site was erected) and is secretly from SG!!
Thanks YM, you stick your foot in your mouth so much, it's almost funny.

WATCHOUT SCG AND ST SITES On 28 NOV. IF BOTH SITES DISAPPEAR,THEN IT IS A REAL SCAM. ALL EX-SC MEMBERS MUST TAKE A LEGAL ACTION IMMEDIATELY.



ymg




I DO NOT CARE A CERTAIN SITE GOES THR HK TO SING.OR NOT.

HOWEVER,RE: OMT, I HAVE A CARBON COPY OF "ADVICE OF INWARD REMITTANCE" ISSUED BY Resona Bank, Ltd of Japan. I ALSO DO NOT CARE YOU DO BELIEVE OR NOT.


ymg

The fact that a few people recieved withdrawals, means nothing at all. Most were just in the system and ordered long ago.

The "pass the parcel" money game played by the illegal epoint dealers, hardly created a encouraging image for a supposedly billion dollar company did it ?

[quote name='ymg' date='Nov 25 2007, 12:27 PM' post='4510155']
[color=#0000FF][size=2]I THINK YOU HAVE SOME WRONG ASSUMPTIONS FOR MAKING YOUR OPINION.

THE REAL FACTS ARE AS FOLLOWS:

THE MAREVA INJUNCTION HAS NEVER BEEN APPLIED TO SC/SMF BANK ACCOUNTS OUTSIDE MALAYSIA OR TO AMIR HASSAN BANK ACCOUNTS OUTSIDE MALAYSIA, CONTRAR WHAT THE MALAY SC ANNOUNCED.

For many of us ex-SC member, it is difficult to understand that a 58 billion dollars company, which have been using advanced technology like the mobile system to access SC accounts could use such a messy site as SCG in order to communicate simple messages to its 580'000 investors worldwide.

As for the Mareva injunction, according to Wikipeda explanation:
I quote " It is widely recognised in other common law jurisdictions and such orders can be made to have world-wide effect. It is variously construed as part of a court's inherent jurisdiction to restrain breaches of its process." end of quote

So if ithe Mareva has no power as you say, YMG, why has SMF/SC shut down all its site? is it abiding by the order or is it running away?

Take care
remerlin

watever be it we lost money

I UNDERSTAND MAREVA INJUNCTION WAS EFFECTIVE TO BRING DOWN THE SC/SMF WEBSITES, BUT NOT FOR FREEZING BANK ACCOUNTS OFFSHORE. I THINK INTERNATIONAL BANKS ARE ALSO OBLIGED TO PROTECT THEIR CLIENTS FROM INTERVENTIONS BY OUTSIDE FORCES. THAT IS WHY EVEN THE GOVERNMENT OF THE PHILIPPINES ARE HAVING A HARDTIME IN RECOVERING S-CALLED ILL Gotten Fund Of Ex President Ferdinand Marcos from OFFSHORE BANK ACCOUNTS.


ymg

BE CAREFUL, MY DOWNLINE RECEIVED A PHISHING E-MAIL FROM A FAKE ST E-MAIL ADDRESS:

QUOTE:
> From:
> To: xxxxxxx@hotmail.com
> Date: Wed, 21 Nov 2007 00:00:02 -0500
> Subject: Delivery Failure
>
> Could not deliver message to the following recipient(s):
>
> Failed Recipient: suntraders2@gmail.com
> Reason: Remote host said: 552 5.2.2 User over quota d35si10513498and
>
> -- The header and top 20 lines of the message follows --
>
> Received: from bay0-omc3-s36.bay0.hotmail.com [65.54.246.236] by suntraders.com with SMTP;
> Tue, 20 Nov 2007 23:59:39 -0500
> Received: from BAY110-W30 ([65.54.229.130]) by bay0-omc3-s36.bay0.hotmail.com with Microsoft SMTPSVC(6.0.3790.3959.
> Thu, 15 Nov 2007 04:03:34 -0800
> Message-ID: <BAY110-W30F670902E23E621657E4DCA820@phx.gbl>
> Return-Path: xxxxxxxx@hotmail.com
> Content-Type: multipart/mixed;
> boundary="_571ff6b7-9e65-47aa-85ce-db199d7221a4_"
> X-Originating-IP: [222.127.223.73]
> From: xxxxx xxxxx <xxxxxxx@hotmail.com>
> To: <legaldept@suntraders.com>
> Subject: 'Welcome to SwissCash!'
> Date: Thu, 15 Nov 2007 12:03:33 +0000
> Importance: Normal
> MIME-Version: 1.0
> X-OriginalArrivalTime: 15 Nov 2007 12:03:34.0120 (UTC) FILETIME=[8BE17E80:01C8277F]
>
> --_571ff6b7-9e65-47aa-85ce-db199d7221a4_
> Content-Type: multipart/alternative;
> boundary="_b190c374-f80b-4ba3-8558-6101154683d9_"
>
> --_b190c374-f80b-4ba3-8558-6101154683d9_
> Content-Type: text/plain; charset="iso-2022-jp"
> Content-Transfer-Encoding: 7bit
>
> Dear Subscriber;Name:Hidxxx XXXXEmail Address:hidxxxxx@hotmail.com
> Thank you for signing up as an old investor of a partner investment company. You are now entitled to be activated in Sun Traders Global Online Investment Platform and may proceed to activate your trading account by following these procedures. This is the only way we c an activate your trading account which you had in our partners financial platforms.
> Please send us the following items to this email address within 48 hours: Legaldept@suntraders.com1- Scan of valid Identity (Passport, National ID card)2- Scan of Registration Confirmation Email (subject: 'Welcome to SwissCash!' )
> Note : Any wrong or incorrect information or suppression of facts will lead to disqualification
> . This is your reference number for any further contact with us: 102192
> ----- THIS IS AN AUTO GENERATED EMAIL. PLEASE DO NOT REPLY ----- Best Regards,The Administrator Suntraders.com
UNQUOTE:


ymg

Be prepared to report to FBI / IC3 !!!

By 7th Dec 2007 if nothing happens from SMF/SC, the following website is willing to collaborate with memberswisscash.com or any groups / partners to lodge a global report to FBI/ IC3. Click this website for more information on how to lodge the report. Please write any comment or good idea or suggestion at the website's chatbox on how to seriously and effectively collaborate together as united world-wide investors to lodge an impactful and historical report to FBI / IC3. Alternatively, you can also email to the website's owner. I do hope our USA investors can advise us professionally and do something concrete with the FBI / IC3. Thanks.

http://peoplevsswisscash.blogspot.com/

This website is set up for any sc investors who want to group together and meet up with ppl who want to take action against SC/SMF, their dealers, leaders, uplines and etc. Any useful info will be welcome that will help investors. There are other investors who are setting up sites to take action too, so we will be coordinating with them very soon too. SO SPEAK UP PPL! MORE INFO WILL BE POSTED SOON! Saturday, November 24, 2007.

Anonymous comment about this website:-
Thanks for what you did here. I am one of the SC investors in China. Since China has the most population in the world, I think there are more SC investors in China as well. So if possible, could you please set up one site for China? That will help a lot to Chinese investors, and you will get more power and support I am sure. Thanks. November 25, 2007 1:05 PM.

NOTE: Please bookmark this important website for updates and on-going developments.

TO THOSE WHO STILL BELIEVE IN THE MALAY SEC RE:MAREVA INJUNCTION:

IF YOU READ THE ARTICLE BELOW, YOU WILL UNDERSTAND WHY THE MAREVA INJUNCTION FAILED TO FREEZE THE OFFSHORE BANK ACCOUNTS OF SMF AND EVEN THOSE OF AMIR HASSAN.


QUOTE:
Nature of the Mareva

A Mareva does not, strictly, provide security for a claim. But it does prevent a defendant from dissipating or disposing of those of its assets which are the subject of the Mareva in such a way as to prevent the enforcement of any later judgment or arbitration award. This is reflected in the fact that a Mareva will normally allow a defendant to use its assets to pay for reasonable living expenses and, possibly, continue trading in the normal course of business. It removes the risk of the assets being dissipated, but does not provide priority over other claimants.

Should another claimant obtain judgment first it may enforce that judgment against the assets caught by the Mareva - to the detriment of the claimant which obtained the Mareva in the first place. Essentially, once a Mareva is obtained, the substantive claim should be progressed to judgment as quickly as possible.

There is no right to a Mareva as it is a discretionary relief. It will only be granted if it is just and convenient in all the circumstances. An important factor in this regard is the effect that a Mareva would have upon third parties. If third party rights would be interfered with by the Mareva, it is unlikely that it will be granted, e.g., a Mareva may detain a ship and thereby prejudice an innocent charterer's rights under its charter party and cause cargo carried on board the vessel to be delayed.

The effectiveness of a Mareva lies in the fact that a defendant and third parties notified of the Mareva will be in contempt of court if they fail to comply with its terms or assist in its breach. The sanctions which can be imposed for contempt of court include a fine or even imprisonment of individuals involved


(2) The affidavit must identify assets of the defendants.

If no assets can be identified at all then there is no purpose for the Mareva and a court will not grant one. Normally, the assets will be within the court's jurisdiction, though it may be possible to persuade the court to extend the Mareva to cover assets outside its jurisdiction. However, such a Mareva will only be granted in very rare instances given its extra-territorial effect (the court will not want to interfere with the jurisdiction of a foreign court) and that the court will not want to grant an order which it cannot enforce. Where it is granted by the court it will only be directed at the defendant and third parties which are susceptible to the court's jurisdiction. It may be better to seek separate relief in that foreign jurisdiction.

Summary
To summarise, a Mareva is a useful tool in a claimants' armoury if used effectively. However, it must be used with caution given the potential exposure to which a claimant puts itself in giving the required undertakings to pay damages and in the knowledge that it does not provide a guarantee of "security" for the claim.
UNQUOTE:


ymg

Got the below from sabahan blog.......


News copied pasted from a Malay forum. Those who can, kindly translate. Thanks.

TITLE: USD10 billions, new partner’s starting capital!

USD 10 BILLION, MODAL PERMULAAN NEW PARTNER
(IMG:http://i227.photobucket.com/albums/dd196/pokpok1_bucket/USD10BILLION1.jpg)
� Dua hari yang lepas Pak Valentino telah bermesyuarat dengan pihak SMF 1948 dan Pemerintah RI di Jakarta. Mengikut apa yang di nyatakan oleh Pak Val, kutipan USD100 - USD10 RIBU setelah di kumpulkan mencapai angka USD 10 billion dollars dan jumlah ini sudah di serahkan oleh Swisscash kepada SMF 1948 untuk trading partner baru. Mengikut kata Pak Val lagi bulan Ogos-Sept-Okt 2007 belum baik untuk trading. Bulan Okt-Nov-Dis 2007 keadaan bagus untuk membayar kita semua.�
(IMG:http://i227.photobucket.com/albums/dd196/pokpok1_bucket/th3DPlayboyBunnylogospinning.gif) Originally written by pokpok.

Simply translated the above Malay into English:
� Two days ago, Mr Valentino (owner of memberswisscash.com) had a meeting with SMF 1948 and Indonesian authorities in Jakarta . According to Mr Valentino, the collection of all Swisscash members’ investments (min USD100 to USD10,000), after summing up in total has achieved to a tune of USD10 billions! This total sum was given to SMF 1948 for transfer to the new trading partners. Furthermore, Mr Valentino said that for the month of Aug-Sept-Oct 2007, this period not make good for trading yet. For the month of Oct-Nov-Dec 2007, situation is good to pay back all investors worldwide.�


How true is the above? Perhaps Mr Valentino should know!

I ALSO HEARD THIS NEWS. IT IS VERY POSSIBLE.



ymg

If that so-called news was true, why was there no information about this on the memberswisscash.com website ? And why does the memberswisscash.com website declares swisscashguide.com and Charles Peterman in the Ponzi Scam warning.

Also why was there that open letter to Swisscash management for information and now there is still a ticker at the bottom of the site saying about the non-information from swisscash ?

So it appears that either the story about Valentino from memberswisscash.com meeting was fake or Valentino is suffering from short term memory and forgot that all those things in the report ever took place.

You decide.

This avers that the existence of the Mareva will cement the claimant's position in other jurisdictions.
Simply put, if members in other countries, make claims against Swisscash, the Mareva backs up their claims.
It also means that the Mareva stands in Malaysia and 7 other jurisdictions.



Have you not seen Mr. Valentino's site?
Go look

http://www.memberswisscash.com/

and decide for yourself if you think he has said this.
Don't you think he would post this on his own site?
Next: ask yourself: how did he move $10billion without setting off the AML alarms?

Not possible.

VAL IS VERY MUCH CONFUSED BECAUSE SO MANY FAKE NEWS HE RECEIVED, SOME VIA SMS AND E-MAILS.WHEN I ASKED WHY HE LISTED SCGUIDE AS A FEKE SITE, HE COULD NOT ANSWER EXCEPT HE WAS ALSO INVESTIGATION. ALSO, I ASKED WHY, PETERMAN WAS LISTED AS CEO OF SUN MUTUAL FUNS, Inc., HE SAID BECAUSE SUN MUTUAL FUNDS Inc. IS NOT LISTED IN WALL STREET. APPARENTLY, HE IS TAKING A VERY CAUTIOUS APPROACH TO ANY NEWS OR INFO HE RECEIVED,ALTHOUGH HE HAS NO HARD EVIDENCES FOR OR AGAINST SCGUIDE,ST OR SUN MUTUAL FUNDS Inc.

ymg

YM, you are just plain full of it.
Here's what YOU said in Val's chat room in 10 minutes yesterday posing as "Mat".

"THE RETURN OF SC/SMF HAS NOTHING TO DO WITH THE LIFTING OF THE MAREVA INJUNCTION."

"DO NOT BE BRAINWASHED BY THE AUTHORITIES AND THE PRESS."

"MANSFIELD ALSO SAID IT IS A FAKE CASE."

and whatever this means "We had a meeting ASEAN"

I quote you. You love to play games while other people are truly hurt by this.
I believe you must be a sad, sick and lonely old man with nothing better to do than play with people's hearts. It must make you feel important.
Obviously, Mansfield said nothing of the sort because he doesn't exist.

I would hope that everyone save your breath and mind, and just ignore YM as he does not bring anything here in the way of evidence,...only rumours and confusion.

Quote:
Obviously, Mansfield said nothing of the sort because he doesn't exist.
Unquote:

THEN, TELL ME WHO REPRESENTED SC/SMF AND WHY WE HAD BEEN PAID BY SC/SMF SINCE MAY 2005 UNTIL QUITE RECENTLY?


ymg

Who represented SC/SMF ? Scammers did. All ponzi's pay for a while before they disappear like SC has.As for starting in May 2005, I suspect it was nearer October 2005.April is when they stopped paying the big 3,so realistically, SC had around an 18 months lifespan.

One day you will realise that SC and clipart Mike never existed.Now there is this nonsense about a 10 billion injection,what joke.Nobody in their right mind would invest a penny in this redundant dinosaur.

Take action here ! http://peoplevsswisscash.blogspot.com/

[quote name='ymg' date='Nov 25 2007, 08:33 PM' post='4512219']
Quote:
Obviously, Mansfield said nothing of the sort because he doesn't exist.
Unquote:

THEN, TELL ME WHO REPRESENTED SC/SMF AND WHY WE HAD BEEN PAID BY SC/SMF SINCE MAY 2005 UNTIL QUITE RECENTLY?
ymg
[/quote
those scammer out there represented SC/SMF...now is seem like u (YM) are representing SC/SMF or i should say representing those SCAMMER.

I FINALLY FOUND A SENSIBLE ARGUMEN RE:MAREVA INJUNCTION

AT:http://swisscash-mitravita-jakarta.blogspot.com/2007/11/swisscash-phase4-story-with-suntraders.html


QUOTE:

Kamis, 2007 November 22
SWISSCASH PHASE4 STORY - WITH SUNTRADERS!

Subsequent to my earlier articles on Swisscash, after the Malaysian Securities Commission through its press release assured the investors that the monies are safe in their hands, a number of questions have cropped up in the minds of Swisscash investors.

The Swisscash investors, not all but many have assured themselves that their monies are safe with Malaysian Securities Commission. Is it true?

But, whose monies? Were the monies only of Malaysian investors or of entire global Swisscash investors? Officially nothing is known till date. The fact is that the Securities Commission of Malaysia has frozen the sites and bank accounts. Again a Big Question Mark…Whose bank accounts… of Amir Hassan, Mr Lee etc. ..Or of the original Swisscash and Swiss Mutual Fund accounts?

It is learnt that the Mareva injunction is normally in force for a maximum period of 90 days. And November 15,2007 happens to be the expiry date of that 90 days period. Then, the Securities Commission of Malaysia should obtain an extension from high court to continue the Mareva injunction till the case is finalized, if there is any such provision.

UNQUOTE:

Quote:
"the Malaysian Securities Commission through its press release assured the investors that the monies are safe in their hands"
Unquote:


THE AVOBE STATEMEMT BY THE MALAY SC, AN AGENCY OF ONE OF THE MOST CORRUPTED GOVERNMENTS IN ASIA IS A BIG LIE.

QUOTE FROM:http://www.maritimeadvocate.com/i1_lear.htm

Nature of the Mareva
A Mareva does not, strictly, provide security for a claim. But it does prevent a defendant from dissipating or disposing of those of its assets which are the subject of the Mareva in such a way as to prevent the enforcement of any later judgment or arbitration award. This is reflected in the fact that a Mareva will normally allow a defendant to use its assets to pay for reasonable living expenses and, possibly, continue trading in the normal course of business. It removes the risk of the assets being dissipated, but does not provide priority over other claimants.
Unquote:


ymg

any update about swiss cash ?I think its gone

CONTACT THE MALAYSIAN SC ASAP. THEY ANNOUNCED THAT THEY ARE SAFE KEEPING OUR MONEY FROM SC.


ymg

Simply means, if Swisscash admins owe money or assets to other people, they will be able to make claims against those held under the Mareva.

Why don't you quit concerning yourself with the corrupt gov't and focus on the corrupt people who stole so much money, instead?
Questioning the Mareva over and over is a waste of time, it's a done-deal.


And why didn't you post the REST of what Mitravita's blog says?
The part about Suntraders and Swisscashguide being a scam and no one knows whose sites they are?
[b]
Look again- http://swisscash-mitravita-jakarta.blogspo...suntraders.html


Here's a straight question, YM.
Is Suntraders your site?
Is Swisscashguide your site?


(Okay, YM came, read this post, and went away. I guess that is the answer.)

When are you going to stop spamming the threads ?

whoz spamming ? we all are worried abt the money we lost , & you are the one posting useless lines

you should have been banned

BOTH QUESTIONS ARE TOO ABSURD A QUESTION TO BE WORTHY OF ANSWERING.



ymg




YOU SHOULD HAVE DONE SO BEFORE YOUR POST. GO AHEAD.

I LOOSE NOTHING HERE.

ymg

Not absurd. You know more than anyone in the whole world about these sites. You know Amir. And his lawyer. And his Auntie, and his dog, Fido.

WHAT ABOUT THOSE PEOPLE WHO SUBMITTED THEIR FORMS TO ST?

QUOTE FROM SCG:
Charles Peterman
Founder, Chairman and CEO
www.suntraders.com

_____________Technical Team Message______________

Total Forms Received: 748,532
Total True Subscribers: 208,286
Total Documents Received: 83,098
UNQUOTE:

THEY MUST KNOW THESE SITES AS MUCH AS I KNOW.

ymg

More made up names and made up figures

very interesting speech, BB NG and Ee Chang Ku having their first investor gathering video at Guanzhoa, china at Feb 2007. Any one have their info, please report to china police and international interpol http://www.interpol.int/.

Part of the video link can be view at:
http://www.tudou.com/programs/view/xAJTJNHbciU/

Chinainterpol

I CAN NOT UNDERSTAND THE CHINESE LANGUAGE. COULD YOU KINDLY EXPLAIN WHAT THEY WERE SAYING IN THE MEETING, AND WHAT ARE WE GOING TO REPORT TO INTERPOL? ARE THEY IN THE WANTED LIST?
THANK YOU.


ymg