Hm. I have an RCMP web site with a press release, naming the court officers and the RCMP officer, and why they think the company is operating a pyramid scheme.
I have a company that lists, on its own site, the countries in which it may not do business because those countries consider it a pyramid scheme.
I have a psuedonymous individual who assures me that the RCMP is wrong, that Canada is so different from the US and Singapore that it allows whatever it is the company is doing, but does not list any attorneys, newspapers, or court dockets to support his/her assertions.
Irrespective of whether or not it is technically a pyramid scheme under Canadian law, it remains a pyramid scheme under US law. The US law exists because pyramid schemes are not sound investments.
For future reference, here's a collection of stuff from all over the Web, pro and con.
................................................................................................
WGI SCAM ALERT
Story
Arrests made in pyramid scheme
Tony Tighe
Associated Press
Six people in Southern Alberta are amoung 8 people charged with operating an illegal pyramid and lottery scheme.
These arrests could have a huge ripple effect for several thousand people in Alberta and over 400,000 people worldwide who have invested in World Games Inc. (WGI)
A joint task force compiled of Calgary City Police, RCMP in Calgary and Lethbridge, the Alberta Gaming Commission and Alberta Justice has completed an 18 month investigation into WGI.
Police say WGI is an illegal investment and gambling company which operates through a web site on the internet.
They say people are recruited to join WGI on three different levels, each varying in cost, and can invest in a virtual stock market .
Members can trade shares but 30% of any earnings must be reinvested in World Games Inc.
If they sign up new members underneath them they receive points that can be traded for money, which is automatically deposited into their bank accounts.
Staff Sargeant Joe Houben with the Calgary Police Commercial Crime Unit says the only way to make money is to recruit more people underneath you.
Parts of that money would go to pay people off at the top of the pyramid. So in order to make the pyramid function, the more people were recruited, the more money goes toward the top and flows to the top.
Peter Billac - Interview
The name Pete Billac may remain anonymous to your memoirs but his achievements in life may leave a lasting impression. Ingenious, incredible, even miraculous, are just a number in a multitude of ways that can be used to describe a man who has experienced so much in life. His unique style to writing his books has seem 46 of them reach best-seller status, he has held world records in spear fishing and even drilled for oil, yet he is only 45. How has someone managed to do so much, in such a short space of time? He is a shining example of how you can set dreams and let them come true. To learn more about this man, and to hear about a once in a lifetime opportunity that he is currently writing on, read below for what will certainly be an riveting testament of a true and full life.
1. Many of the readers of this interview may not have heard of you, so what is it that you currently do that has bought your name to the forefront of a lot of people around the world?
I've written 56 books of which 46 became best sellers. But I write on a variety of topics, mostly those that interest me and ones that I feel THE MASSES will respond to. I've written books on the Mafia, on the last recipient of the Congressional Medal of Honor (from the US in the Vietnam War), I wrote a book on relationships, on cruises, on what NEW FATHERS might do to help their wives, on the Light-Heavyweight boxing champion of the world who was "supposedly" bought by the Mafia, on fast weight-loss products and plans, on the dangers of INDOOR polluted air, on the INJUSTICE of the legal system, and many more. In fact, I've written SIX MORE BOOKS than DANIELLE STEELE, yet she's a household word.
For the past 10 years I've been writing SELF-HELP books, and I write in BIG print, SMALL words, LOTS of incorrect punctuation and, it seems the MASSES like that (incorrect) style. I WRITE as if I'm TALKING to a friend. I guess I'm what you might call an "overnight success," it just took me THIRTY YEARS to get there!
2. Your biography contains enough material that ten people might have done in their life. How is it that you have fitted so much in, and yet haven't even reached half a century in years? What in the past have you found compelling and would possibly like to revisit in your career?
Ive always been in a hurry, and in doing that I've been able to do MANY things. I think it began with my parents who had a third and fourth grade education. They used to argue on who had the higher degree of learning. We were poor; my dad was a housepainter and my mom, a housewife. But then, EVERYBODY was poor in that area of New Orleans and I didn't know any other type of life. When I reached my early teens I discovered that "other kids" had INDOOR toilets and HOT WATER that came from some type of heater. I think it was THEN that I vowed NEVER to be poor. I became somewhat of an OVER-ACHIEVER and I've been running FULL SPEED ever since. I'm known to be a bit impatient and DEMANDING that those who TELL me they can do something and set a TIME on it, that they DO IT, and IN the time they specified. I've been somewhat of an adventurer in that I've never felt REAL fear and I kind of LIKE danger; it makes me excited to "get out" of whatever tight situations Im in. Also, I often at times don't tell ALL that I've done because in looking over it, it DOES seem a bit impossible. Yeah, it took 12 years of going to reunions of all types for my WIFE to believe me! NOTHING would I change other than have a dozen kids. I learn from mistakes. That's why the way I am able to help others came about - trial and error.)
3. After everything you have done, you now seem to have settled into a life of writing books on topics that interest you and chatting to groups, or at conventions or meetings anywhere around the world. Is this a fair assumption to make and do you now think you have found an area you would like to remain?
I do extensive RESEARCH for all of my topics. I wrote a book titled HOW NOT TO BE LONELY about 22 years ago. The sub-title was: (HOW to FIND a mate, WHERE to look...WHAT to say, and How to Keep em'. )WOMEN bought the book about 1000 to 1; MEN think it's CRAP. SO I wrote another book - SAME story but a different COVER; I added TONIGHT to the title. HOW NOT TO BE LONELY -TONIGHT! and men, always in a HURRY, bought THAT book about 400 to 1. The fast answer to a long, WONDERFUL story is that they book grossed more than 55 MILLION dollars. THIS "afforded" me the luxury to choose what I wanted to write in the future. FOR this one book, I interviewed more than 6000 people who were married, divorced, dating, happy, unhappy, etc. Yes, I do EXTENSIVE research!2
Is there anything else you would like yet to try out in life?
I can't think of ANYTHING that I haven't done that I'd like to do. I really ENJOY making people laugh while I "teach" some of what I research. I TRULY like to HELP people - if they are willing to work. I enjoy travelling, meeting people from different countries, religions, beliefs, etc. I have a wife and two sons (Clay is 9 and Brad is 11) and I take them with me whenever possible. BOTH boys are very bright; BRAD is genius level with a 168 IQ and a reading capability of a highschool sophomore. Clay is smart and makes A's, but Brad makes HUNDREDS.
4. 46 from 54 books have gone on and sold over a million copies is an amazing feat. What do you think it is about your writing style that allows you to have achieved this remarkable accomplishment?
In appealing to the MASSES, I realise that this is a FAST world, so I write relatively SHORT books. I tell the TRUTH, I'm extremely CANDID and my books are almost all 96 pages, BIG print, and I make even the instruction books read like a STORY book. I try to make people NOT become bored, and people like to know, WHAT CAN YOU DO FOR ME? How can you help ME lose fat? How can you save ME money? How can you help ME make MORE money? How can I get rid of wrinkles? LIVE longer? MEET someone? People love these "how-to" book. So, I "research the researchers" and put my findings in PLAIN words almost ANYONE can read.
5. You have recently written a book on 'How to Become Rich on the Internet', and as part of this book, you have mentioned that World Games Inc is (to quote) 'the most exciting work-at-home business concept on the Internet today'. What is World Games Inc.
To "cut to the chase" it is Network (they call it RELATIONSHIP) Marketing on the Internet. When I first HEARD about this concept it took me perhaps TEN SECONDS to hop a plane to Australia and find out more. You see, you need a good product to make money; a GREAT product gives you a chance to make a LOT of money. This was the FIRST time such a concept has been on the Internet.
I researched this company for 19 months and spent about $70,000 BEFORE I wrote the first book (Getting Rich on the Internet). THAT book sold out in months and a new one I'm working on is titled WORLD GAMES INC (What IS it and HOW to DO it) and will be out in May of 2004.
Yet ANOTHER book that I finished is titled YOUR HOME-BASED BUSINESS that tells HOW TO SUCCEED in ANY home-based business. It tells what IS and what is NOT a Pyramid Scheme,, it tells those who failed how NOT to fail (this time) and I list about 10 "worthwhile" businesses; World Games Inc is the ONLY Internet and telephone-driven business. Yes, I LOVED "the product" of World Games Inc because TRILIONS all over the world GAMBLE. I saw that the PAY to the members was outstanding and then I looked into the background of the ones behind the company. I look for MONEY, for EXPERIENCE and for INTEGRITY. The CEO, Greg Kennedy, is a wonderful, hard-working, hands-on individual with a long string of successful business ventures. When he was a teenager he hunted CROCIDILES in areas of New Guinea and I liked that, too. He works ALL the time and he has become my friend. Just recently he visited me here at my ranch in Texas in his private jet and we spent a few days together. I REALLY like him and I TRUST him. If I ever decide to take a partner in ANY business, I'd choose Greg Kennedy. World Games Inc, being the first of its kind in history, had "glitches" the first year or so. But then, ALL new businesses have glitches the first year, but Greg "hung in there" and he has MADE it work. Yes, I trust him and I admire him. World Games Inc gives so MANY a CHANCE to make a LOT of money if they have the desire, if they ACT on that desire, and if they work hard and smart. It's not easy to get rich. If it were, EVERYBODY would be rich.
6. This World Games Inc sounds quite interesting, can you tell us more about it and how you went about researching it?
I hired attorneys, researchers, MLM experts and I do my OWN "hands on" investigation. Also, it costs very little to TRY (Around 185) this business and I've SEEN THE CHECKS for many of the TOP income-earners and hundreds of others who are making from three to TEN times as much money as they made working a JOB. As of NOW, I've spent more than $100,000 and after 35 months being in the business, WORLD GAMES INC is very solid and have almost half a MILLION members. I HELP these folks with my telephone conference calls, I do RADIO SHOWS for them that are FREE, and I speak at large meetings around the world. I really LIKE helping people; I teach them to make earning money a GAME and to have FUN. Yes, I LIKE what I do.
7. Do you still think that there is scepticism to investing in business online and that this would prevent people from wanting to invest into it though?
YES. There is ALWAYS scepticism, and rightfully so. In the past MANY businesses failed but MORESO, the people FAILED the business. They didn't work. They never REALLY understood how to BUILD their business, and to make up for THEIR inadequacy, they BLAME THE COMPANY! Then there are those who either never understood "the nature of the business," who never WORKED it, who QUIT, who "jumped" for what seemed to be a "better deal, or who TRIED but never found a SYSTEM that suited THEIR personality. (I tell them HOW to do it in my books). Then there are the DREAM STEALERS, some perhaps, friends who "mean" well but either dont know WHAT they are talking about, or talked to OTHERS who didn't know what THEY were talking about and they will WARN you. My advice, find out for YOURSELF. Do NOT let these "DREAM STEALERS" steal YOUR dream. Network Marketing has made MORE millionaires during the past two decades than ALL OTHER BUSINESSES in t he world!
8. Why should people not miss out on this opportunity?
Because it is an OPPORTUNITY -, a CHANCE to make a lot of money with SMALL investment, it allows you to WORK FROM YOUR HOME, as is the FASTEST, EASIEST LEAST EXPENSIVE CHANCE for "ordinary" people to improve their lifestyle - perhaps BECOME rich!)
Many thanks for Pete Billac for doing this interview. If anyone wants to know more about this World Games Inc and to know how to join, then feel free to contact me on
rammieib@hotmail.com. Pete Billac has a website, part of his own publishing company at
www.swan-pub.com where his books can be purchased.
About WGI
World Games Inc (WGI) is the trading name of Pacific Delta Investments Limited (PDIL) which is registered in the British Virgin Islands. PDIL has been trading under WGI since late 2001.
Mr Greg Kennedy is the Chairman of the Board of directors of PDIL.
PDIL has agreements in place with external companies which are engaged to provide services to the members of WGI. The associated companies and the services that they provide are listed below:
Company Service Provided Registered/Licenced
International Lottery in Liechtenstein Foundation (ILLF)
Lottery products such as Sweepstakes8 and Globelot. See:
,
Link Removed ( Old/Invalid) and;
Link Removed ( Old/Invalid)
Liechtenstein
Pay2 Ltd
Payment services provided including the Pay2 Visa Electron Card See:
www.pay2.net
Isle Of Man
OB Services NV trading as WGI Casino
Casino games and other gaming products.
Member of Interactive Gaming Council
See:
Netherlands Antilles
Blitztrade GmbH
IT and support consultancy services regarding Virtual Stock Market Game
Germany
Palladium Technology Ltd
Member payment processing (credit card transactions) through WebTRADE.NET - The-Payment.Company- GmbH
Gibraltar
EastWest Management Ltd
Legal, Media and PR consultancy services
United Kingdom
WorldPlay Services Pty Ltd
IT and support consultancy services
Australia
PDIL also utilises other companies to perform certain functions that may not have direct involvement with WGI members or the WGI business generally. Members (of WGI and the general public) are encouraged to contact WGI via the following email addresses:
WGI Compliance -
compliance@worldgamesinc.com
Issues involving a breach or alleged breach of the rules governing members' conduct imposed by WGI.
WGI Events -
events@worldgamesinc.com
Request for representatives of WGI to attend functions
WGI Jurisdiction -
jurisdictions@worldgamesinc.com
Information or enquiries regarding jurisdictions in which WGI does not operate.
WGI Leaders Recognition Programme -
lrp@worldgamesinc.com
Information or enquiries regarding the Leaders Recognition Programme.
WGI Press Enquiries -
pressenquiries@worldgamesinc.com
Information or enquiries regarding press or media publications.
WGI Support -
support@worldgamesinc.com
Members who are not able to access their WGI Website for any reason.
WGI Testimonials -
testimonials@worldgamesinc.com
Any Member wishing to submit a testimonial about their journey with WGI, to be made available for publication.
Please Note: WGI receives literally hundreds of emails each day from members and non-members alike. We will endeavour to respond to your enquiries as quickly as possible and will give our members priority. To ensure your request is addressed efficiently please direct it to the appropriate contact address and provide as much information (including your WGI Username and User ID if you are a member) as possible.
WGI has a policy of communicating via email in most instances and will not respond to emails that are directed to the incorrect address. All members must direct all other enquiries through the "Contact Support" option in the "Help" menu of your Members' Lounge. Any enquiries that can be dealt with via "Contact Support" but which are received at the email addresses above, will be returned to the sender. Any enquiries (of any nature) pertaining to WGI matters that are received by any of the associated companies will not be considered by the associated company or WGI. All WGI related enquiries must be directed to WGI.
The World Games Inc web site also advertises a casino and lottery where members can buy virtual tickets on the "Sweepstakes 8" and win money daily or weekly.
The Alberta Gaming Commission says the lottery isn't licensed in Canada and anyone playing it is breaking the law, regardless of where the lottery is located.
A total of 8 people have been charged with operating or promoting an illegal pyramid scheme and an illegal lottery.
Richard Brown, Calgary
Gail Boone, Red Deer
Ronald Patey, Lethbridge
Linda Zilka, Lethbridge
Clifford Rau, Lethbridge
Donald Gellatly, Taber
Jeanette Friskie, Regina, Sask
An arrest warrant has been issued for the Vice President of World Games Inc, Quentin George, believed to be in Australia.
Police say they are high up in the pyramid and were promoters.
Police say one of their own members joined the WGI network and invested money to collect evidence.
A lawyer representing WGI in Canada and one of the accused issued a press release in response to the charges on Sunday, Sept. 28.
D'arcy DePoe says, "World Games Inc, categorically denies that they or their members have engaged in any sort of illegal activity." " Prior to coming to Canada, the company did a great deal of "due diligence" -- it carefully examined Canadian Law and, after having obtained an extensive and thorough legal opinion, has formed the view that their operation complied and continued to comply with the Criminal Code."
If you want more information on pyramid schemes and why they are illegal log on to the web sites for the RCMP or the Federal Trade Commission in the U.S.
Copyright 2003 Global TV News
Here is a quote from the members news flash.
Quote:
Resignation of President - 16 October 2003
Members will be aware that on 25 September 2003, the Alberta Gaming and Liquor Commission filed charges against 6 Members of WGI together with President of Global Operations, Mr Quentin George.
The charges are that, in essence, the members and Mr George allegedly operated an illegal pyramid scheme and an unlicensed lottery. They were preceded by police raids on the houses of our Canadian Members who were charged, at 9:00pm at night, while the families of those members were at home. In one case, a member was confined to her bedroom for a number of hours and her 11 year old daughter was held in the family living room until the early hours of the morning.
Suffice to say that the manner in which these raids were carried out before the charges were even laid, is most unsatisfactory and is being challenged by our lawyers in Canada.
Our Members and Mr George will be defended by us using whatever legal and financial resources are required. The charges are merely a political stunt designed to damage WGI and its reputation and those of our Members and executive in Canada and around the world, and we believe the charges are a complete abuse of the legal process.
We have every confidence that neither Mr George nor any of our members has engaged in any illegal activity whatsoever and that these outrageous charges will be absolutely and successfully defended.
Of course, our primary concern and the primary concern of Mr George, is for our Members. For that reason, in order to protect WGI and its Members from any further exposure to these charges, Mr George has agreed to step down as President of Global Operations. While we regret Mr Georges decision in that regard, we appreciate that his decision was made with the best interests of you, our Members, and in the best interests of WGI, in mind.
We applaud Mr Georges enormous efforts for WGI to date and will of course continue to defend him and our various Canadian Members to the maximum possible extent in relation to these completely unfounded charges.
Greg Kennedy
Chairman
RCMP Warns Against Pyramid Schemes
RCMP Warns Against Pyramid Schemes
The RCMP is warning the public to avoid financial rackets promising rich rewards for those who join and then recruit others.
The alert comes on the heels of 16 criminal charges laid against eight people in Alberta in connection with an alleged pyramid scheme and illegal lottery. The charges followed a five-month investigation by the provinces joint forces Gaming Investigation Team, comprising officials from the Alberta Gaming and Liquor Commission, the police services of Edmonton, Calgary, Lethbridge and Medicine Hat, Alberta Justice, Alberta Solicitor General, the Criminal Intelligence Service Alberta and the RCMP.
Pyramid schemes have been around for decades, yet people of all backgrounds keep falling for them. The schemes usually entice their victims to join with promises of huge profits. Those who do soon find out the only way they can make money is by recruiting others.
Often these schemes utilize the testimony of professionals, even members of the justice system, to endorse their business. The RCMP does not provide opinions as to the legalities of business operations. It recommends instead that those who want an opinion on a particular company seek one from the Canadian Competition Bureau and/or a law firm specializing in business practices.
If a scheme suggests that a participant is eventually to receive a larger sum of money than he or she paid, as a result of payments by new recruits, its probably a pyramid scheme.
The RCMP is constantly on the lookout for these and other scams and has shut down several in recent years. Unfortunately new ones keep popping up.
Pyramid schemes are illegal under the Criminal Code of Canada (see also:
s. 55.1 Competition Act, Definition of "scheme of pyramid selling").
Conducting or managing a pyramid scheme is an offence. Participating in a pyramid scheme may also be considered an offence. The very nature of these schemes means that for each person who illegally makes money, many more will lose out. Awareness is the best defense. Remember: if an offer looks too good to be true, it probably is.
The eight people in the Alberta scheme were charged in September with conducting or managing a pyramid scheme and an illegal lottery for their alleged involvement with an organization known as World Games Inc. Investigators allege that World Games took in millions of dollars in illicit revenues. The organization at one point boasted an international membership of over 400,000. The total number of Canadians victimized by this activity is as yet unknown.
For more information on pyramid schemes and how they differ from legitimate multi-level marketing plans, please visit the Commercial Crime, Pyramid Scheme section of our Web site.
Australian Police Raid E-Gaming Operation
Wednesday December 31, 1969
AUSTRALIA As reported by the Queensland Courier Mail: "An online gaming and virtual stock exchange run from Queensland is alleged to have ripped off hundreds of investors around the world, prompting an international police investigation and threats of legal action.
"The scheme uses a sophisticated website dubbed World Games Inc, which offers subscribers tens of thousands of Swiss francs a week for referring punters to the site and from commissions on gambling transactions.
"Police in Queensland and Sweden have swooped on people associated with the scheme, and earlier versions of it, while a group of investors is in the process of launching a class action against its operators.
"Two Gold Coast businessmen were expected to appear in the Southport Magistrate's Court in November facing a total of 40 counts of fraud relating to their involvement in an earlier version of the gaming operation called VG Global, a Queensland police spokeswoman said yesterday.
"And in Sweden, a 39-year-old woman was arrested over her alleged involvement in promoting the current scheme (World Games Inc), which lists a post office box at Robina on the Gold Coast as a technical contact address and is owned by a company in the British Virgin Islands.
"Swedish investigators who charged the woman described the operation as a pyramid marketing operation which offered investors nothing.
"Former investors in Australia this week said more than 20 of them were preparing to launch a class action against the business and its associated companies.
"They are understood to be claiming hundreds of thousands of dollars in winnings and commissions"
lisamangen
Posted: Mar 10 2004, 02:22 AM
This is happening in WGI!
The total amount of lies have reached a devastating level within WGI.
Before the split wgi told their members that there would be no more shares from treasury.Greg Kennedy later confirmed this in a mail to a a Swedish leader.
It was all lies. WGI sold out at least 250 million shares at 1chf, a serious damage to the SMG.
This has now been confirmed by the world leader Bjrhusdal.
Greg Kennedy told from stage at Gardemoen that wgi had bought a big piece of Pay2.
It was a lie.
WGI has told us that Greg Kennedy was a business billionaire before joining wgi.
It is a lie.
Several members have several times asked for his CV. No response. WHY?
A swedish wgimember is on trial this week because she run a wgimeeting.
Greg Kennedy told their members that they would give her the best support available.
It was a lie. WGI has not offered any help at all. In fact they have refused all communication with the swedish leaders. Result: No growth, no trust and a lot of people selling their shares.
On Norwegian TV2 later this week: The truth about wgi and Greg Kennedy.
Greg Kennedy as the main suspect in a creditcard fraud.
The case.
"Kennedy has also intimated his ability to move to an overseas location on a permanent basis if necessary, and in fact has recently and suddenly moved his family from his rented Carindale residence to an unknown location. Kennedy is a well travelled individual and a man of considerable contacts and resources around the world. We are lead to believe he may be planning to abscond.
4. Conclusion:
4.1 The attached emails show that Devine and Kennedy knew the credit card data they were passing on to VGGlobal for transaction purposes had been previously used and it appears they conspired between themselves and with the assistance of Worling, Gregory, and Ritech, to run the transactions again, with the intention of obtaining unlawfully solicited funds on the credit accounts of others and without regard of the law.
4.2 The interview with Gregory gives credibility to this statement in that Gregory claimed he knew there was something illegal about the Indian Runs and that Kennedy had told him this as well.
4.3 The interview conducted with Chris Gregory makes it very clear that these parties are all still protecting each other because of their knowledge of the facts involving these transactions. Gregory told us certain things. Someone then approached him and he instantly changed his story.
4.4 The attached records cover transactions that took place between early October 2001 and early January 2002. They are not believed to be the only transactions undertaken by VGGlobal during that period of time but are believed to be directly related the transactions known as Indian Runs and are sufficient to provide a clear indication of the method in which the Indian data was used.
4.5 Examination of the attached records of these transactions, show that the October transactions consisted of completely different consumer credit card detail than the November group of transactions. As there is no obvious previous data to compare it with: it is unclear if these transactions are of a fraudulent nature.
4.6 However: Indian Run transaction number 6 contains data and credit card details of consumers that appear again in Indian Runs Numbers 9,10, 11,& 12.
4.7 In addition, Indian Run number 9 was transacted on 26 October 2001 and on the same day there is another billing run that consists of almost exactly the same content but has been rearranged by alphabetizing and numerical order. This appears to be an attempt to provide a second run at the transactions without an obvious copy cat appearance.
4.8 The Indian Run transactions numbering 9 through 12 contain a great deal of data which has been duplicated on each run and in some instances, any one consumer has been charged multiple counts within each individual Indian Run.
4.9 Within this report there are some instances of eailed communication between the parties involved. The cpies of which are placed into the report in chronological order by date to provide an accurate assessment of the intended meaning and worth of the communication. This has assisted in clearly identifying Greg Kennedy as the person in control of the Indian Runs as processed by Consolidated Management Services and Transacted by Ritech.
4.10 The statements and claims made by Chris Gregory strongly support the belief that Kennedy planned, organised and physically assisted the performance of these transactions with the intention of obtaining funds unlawfully. Tom Devines personal admission by email, that he had scrubbed second hand data for Kennedys use clearly shows Kennedys knowledge of and wilful involvement in the facilitation of this apparent criminal offence of Fraud.
4.11 Further, the enclosed communication offers evidence that there is an electronic record of all the Indian Run transactions somewhere. Chris Gregorys admission that the information had come through his office via the internet, and then his subsequent reversal and attempt to convince our investigator that no data had been received through his office, indicates that there are complete records available now through, the offices of Gentech, VGGlobal and Greg Kennedy at Robina. We suspect that if you were to forensically examine the computers in these offices, you would identify the electronic data confirming the existence the emails and the spreadsheets as attached in the hardcopies."
We need to replace Greg Kennedy and the incompetent world leaders who knew and did not act.
This week: Put on your helmets, we are going for a BIG dive.....
WORLD GAMES: Investors To Launch Suit V. Fraudulent Gambling Scheme
-------------------------------------------------------------------
Queensland police have discovered an online gaming and virtual stock
exchange that allegedly swindled hundreds of investors worldwide, the
Courier Mail reports. The website, named World Games, Inc., alleges
offers subscribers tens of thousands of Swiss francs a week for
referring punters to the site and from commissions on gambling
transactions.
.................................................................................
More than 20 Australian investors are planning to launch a class action
against the Company, and its associated companies, such as:
(1) Harroford Developments,
(2) VG Global, and
(3) World Play Ltd,
Another target of the suit is Brisbane businessman Greg Kennedy, whom
the website lists as its technical and administrative contact. The
investors are allegedly claiming hundreds of thousands of dollars in
winnings and commissions.
Lawyers for the operators of World Games Inc, however, said there were
no investors owed money outside "normal trading terms" and were unaware
of police investigations, the Courier Mail reports. Mr. Kennedy could
not be reached for comment. His lawyer, Scott Coulthart, confirmed Mr
Kennedy had links to VG Global, an earlier version of the scheme, which
was owned by British Virgin Islands company Harraford Developments.
Mr Coulthart told the Courier Mail that World Play Ltd, also a British
Virgin Islands company, owned the World Games Inc website and that VG
Global players had been "rolled over into World Games Inc."
However in a written statement, Mr Coulthart last night said "there are
no investors in World Games Inc who are owed money outside" Mr.
Kennedy's, and World Play Ltd's "normal trading terms."
You can trust Chandler.
