Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Petham, basically Eric and his brother went after wealthy German industrialist, Peter Eyckeler and his wife like a couple of sharks after money. In a smoke screen of charm, lies and bullshit by the two brothers Peter invested millions in Mysquar and Fastacash, only for it to disappear very shortly after.
Just checked the Mysquare website, it seems to be disconnected since yesterday.
G21..... I've not read the transcript yet but see that Mysquar is mentioned so surely the authorities or at least the prosecutors lawyer are aware he went on to steal funds a second time. Is it likely that he stole our money in case he lost this case? Did it arise during this case?
Is someone able to contact the plaintiffs legal team and present our case to them. They may be able to assist or even bring this fraud to the attention of the judge thus combining the cases...strike while the iron is hot...so to speak
Lets hope the judge or some of his family have invested in this shister what a low life!
I know. You couldn't make it up if you tried! It's amazing how people behave when they are pushed into a very tight corner. What a weak, pathetic, desperate individual he really is. You can have a load of money in the bank, but all of it isn't going to stray away from the fact that he's hopefully going to be behind bars and picking soap bars off the ground. Dignity is priceless and that's something he'll never possess. By the way.....I want my 6 grand back and I will get it back one day.
Its laughable that in the court transcript Schaer was trying to convince the judge that it was all the fault of the investor for investing in a failed business venture, while at the same time using RNS's and public media platforms to tell everyone that investing in Mysquar will give "tremendous value," while he was siphoning off cash out the back door.
He's left an awful lot of people between a rock and a hard place and I hope he gets what is coming to him. I would personally throw away the key so he doesn't get the opportunity to do it again. The others also need "investigating" in my opinion.
This is sickening isn't it. I wonder if the financial authorities care here? Even though they said they were looking into it. Nothing since then!
So does this mean that he'll finally be picking up soap bars off the floor some time very soon? By the way......where's my £6k that you stole from me, you toe rag? I hear the inmates in Singapore are awful randy and quite butch. Just your type, I bet? Rot in hell you dream killer.
Also Chong is telling us all that Mysquar hasn't and can't report Eric to any of the authorities because Eric is not domiciled in Singapore, yet here is Eric having being found guilty of defrauding an investor over substantial Mysquar investements in THE SINGAPORE INTERNATIONAL COMMERCIAL COURT OF THE REPUBLIC OF SINGAPORE!!
Bloody good question, not too sure anyone will have the answer though !!!
So what happens with shareholders money that was stolen?
Actually does anyone know if Schafer now gets jailed in Singapore for the crime of fraud?
Yes, here's the big one....
HE&SF’s claim to recover the sum US$3,235,385
succeeds against RDS (on the basis of unjust enrichment)
together with interest as may be appropriate.
Schaer judged to be a total fraudster.
Hmmmm....thoughts anyone?
judgement on page 81
https://www.supremecourt.gov.sg/docs/default-source/module-document/judgement/2019-sghc(i)-05---hesf-props-v-rds-judgment-final-for-release-(03-05-2019)-pdf.pdf
Is the site actually active?... If it is then over a thousand products for sale on line. Seems odd that nothing has been forthcoming, including the poss of remains trading or gone tits up.
T7... I've noticed this too. I think if it was over it would already be over by now no?
G21.... I would love to be in Singapore at the same time because I think they do know where the thief is....
Who knows if it matters but have noticed mingalarbars rating tick up, followers ticking up, its articles garnering more likes, shares and comments...mysquar games keep pushing out updates and receiving reviews... age of glory # 1 mmorpg... I for one would like to see the company succeed :) good luck mysquar :)
T7, why does any of this matter? IMO none of this matters anymore unless Chong will re-list the company and give us PI's back what what stolen from us and promised to us by the BoD.
When I go out to Singapore next then I intend to sit in front of him at Mysqaur's HQ - the den of theives - to demand the truth, assuming of course that he hasn't resigned and fled Singapore.
Mingalarbar morning still looking good :) really hoping fortunes can be turned around here :) there’s definitely the potential:)) gla
I have also emailed Investor Relations over the past months, got responses back then but now there's no responses at all over the past 5 weeks or so.
Does anyone have Chong's email address to share here?
Try emailing ir@mysquar.com- users on this board have posted on here that they have had responses in the past. But yes would be nice for some update/communication. Gla
Think i am inclined to agree with you. Surely they have not cut off all forms of communication with the outside world.