Revisiting scammers and pimps
Paul Petrea posted a message on his forum opening a topic named "money talk". Below is a screen shot of the message. (Click on the image to enlarge it) Revisiting scammers and pimps
Paul Petrea posted a message on his forum opening a topic named "money talk". Below is a screen shot of the message. (Click on the image to enlarge it) Revisiting scammers and pimps
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| Revisiting scammers and pimps. |
Money Talk Rules
Started by Paul , Sep 05 2013 08:09 PM
No replies to this topic
#1 
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The Little Terror
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Posted 05 September 2013 - 08:09 PM
01/ No criticism of others investments, strategies or tactics.
02/ No comments on how others treat their tax liabilities if any.
03/ ACTIVE Investors only.
04/ This is a forum to share experience and 'know how' in terms of what on-line facilities to use, how they work and problems encountered and over come.
05/ Jurisdictions and how to overcome the difficulties of getting on line.
06/ No one has to share strategy or tactics, so if asked and they say no thanks, then it is a done deal.
07/ This is not a forum for professional financial advise, if you need that then engage a qualified financial advisor.
08/ Never invest what you cannot afford to lose.
09/ If you follow another investors path and it goes wrong it is your responsibility and not theirs.
10/ Investments can go Up as well as Down and Down as well as UP.
The moderator of this forum is Spooks.
Sounds familiar? It sure does! Is his pre-exile era from the Philippines to Cambodia all over again! It looks like Paul Petrea runs out of money, the expat community where he lives has been strongly advised to stay away of this criminal, the income of his forum is just enough for a fast food meal a day and a Jack Daniels bottle per week, so there you go, back to what he knows better: Scamming the members of that same forum he was stealing their money last year. Today he tries the same thing.
His "technique" always consists of putting on the front someone enjoying a "good reputation" "knowledgeable" good salesman capable of selling vacuum cleaners to old people. He will always choose a member having a banking-investment background that talks the talk the way to impress ignorant old farts expats members in the LINC forum that have no basic clues on Financials, making easy for crooks to abuse them.
Hundreds if not thousands of expats have lost their life savings in the Philippines on a quick get rich and pyramid scams,
Paul Petrea is not in his first, he has done it several times before. The difference today is the guy in charge to conduct it is a pimp goes by the name Mike Mountstephen "aka" Spooks owner of the brothel Spooks bar in Cagayan de Oro Mindanao Philippines, that suddenly is telling us that he has an extensive background in finances nuts and bolts. No one has ever verified what he said below. But the blogger writing his lines has verified his human trafficking record in the Philippines and unmistakably concluded on the accusations against him.
Please note: The "Spooks bar" in Cagayan de Oro that he claims he closed is a lie. The bar is still open, under a different name and Mike Mountstephen still owns it under a corporation.
Here is how he introduced himself in response to Paul's announcement above: (Click on the image to enlarge it)
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And this the text version:
14 replies to this topic
#1
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Posted 06 September 2013 - 08:31 AM
I suppose as I asked for it , I best stand up and post!!
I spent many years in Financial services before retiring at 42. I never looked back until recent events motivated me to take another look.
Motivation has changed I planned on being a lifelong bachelor and Financial planning was geared to that reality. Now I am married with two young children, unemployable due to age and now health. So I have now to go back to the future and do what I did once, now long ago and my oh my have things changed.!!
Dealing screens back then were something a Stockbroker looked at on the floor of the stock exchange whilst wandering around screaming at each other with heaps of paper dripping off each other. Different colored jackets denoting the role in mayhem that each played.
Now I have a pc with a dealing screen software implant and tuition tools that run through so fast I am not sure if I ever began the tutorial!!
My domicile is UK but I am a non-resident for tax purposes covering income tax and Capital gains tax arising outside of the UK. I see no advantages to altering this arrangement.
Since money laundering requirements internationally have tightened up, relevant treaties to back it up and that tax heavens for evasion purposes as opposed to avoidance have diminished it has been very hard to get back in the saddle.
UK based Online services have proliferated but with key stipulations that all joiners MUST be UK resident, use of proxy addresses is not allowed. Offshore facilities are available but they have very significant country restrictions, example on Thailand is an accepted country of residence in whole of SE Asia at this time for HSBC.
So who do you use and why?
Thus far the thread hasn't sparkled. As of the writing of these lines there is a total of 14 posts, a bit less than half his (Spooks). Spooks is not very convincing in trying to portray himself as a financial Guru sending people to various forums and blogs for information and advisement he was asked to provide.
Before I go over and explain "look who's talking" I will transfer here a few pieces of an entry from another of my blogs where you can read the record of fugitive Paul Petrea that tries a repeat of the same. Let's keep the facts live, for those already been scammed to remember for others to avoid being scammed.
I spent many years in Financial services before retiring at 42. I never looked back until recent events motivated me to take another look.
Motivation has changed I planned on being a lifelong bachelor and Financial planning was geared to that reality. Now I am married with two young children, unemployable due to age and now health. So I have now to go back to the future and do what I did once, now long ago and my oh my have things changed.!!
Dealing screens back then were something a Stockbroker looked at on the floor of the stock exchange whilst wandering around screaming at each other with heaps of paper dripping off each other. Different colored jackets denoting the role in mayhem that each played.
Now I have a pc with a dealing screen software implant and tuition tools that run through so fast I am not sure if I ever began the tutorial!!
My domicile is UK but I am a non-resident for tax purposes covering income tax and Capital gains tax arising outside of the UK. I see no advantages to altering this arrangement.
Since money laundering requirements internationally have tightened up, relevant treaties to back it up and that tax heavens for evasion purposes as opposed to avoidance have diminished it has been very hard to get back in the saddle.
UK based Online services have proliferated but with key stipulations that all joiners MUST be UK resident, use of proxy addresses is not allowed. Offshore facilities are available but they have very significant country restrictions, example on Thailand is an accepted country of residence in whole of SE Asia at this time for HSBC.
So who do you use and why?
Thus far the thread hasn't sparkled. As of the writing of these lines there is a total of 14 posts, a bit less than half his (Spooks). Spooks is not very convincing in trying to portray himself as a financial Guru sending people to various forums and blogs for information and advisement he was asked to provide.
Before I go over and explain "look who's talking" I will transfer here a few pieces of an entry from another of my blogs where you can read the record of fugitive Paul Petrea that tries a repeat of the same. Let's keep the facts live, for those already been scammed to remember for others to avoid being scammed.
Scammers plotters and the rest of us.
The man Paul Petrea chose to be his front store figure was a member of the forum posting under the name of MUNCHKIN real name William J. Aragoni Jr He, like spooks, introduced himself as an experienced advisor on banking and financing. But google tells us otherwise.
The link attached to his name is clear. The title above links to another blog with scams and stories on Paul Petrea and others.here is a few excerpts:(Click on the image to enlarge it)
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- Friends the update on this topic has been slow lately but it was for a reason. There was so much to report, so much happened the last 4 weeks that I needed to define the priorities. Today, I will give priority to a hot subject is going on to another forum , Mat Wilkie’s blog and owner of the forum liveinthephilippinesforum.com where I replied to an invitation to Participate in a newly created thread under the name Looking for Paul Petrea in Cebu.
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When I went there and saw some of the moderators’ names 3 of them that 2 still moderating in the INC forum, one a former moderator but a close buddy to Paul there was no doubt in my mind as to the purpose this thread was opened.
I had the choice to stay and be an accomplish to those scumbags or just lurking (For what?) or provoke them to hell until the exorcism will bring out what they have inside their stomach.
That’s what I did, the scammers saw I am not one of theirs and they banned me. It was time because I was spending too much of time there neglecting the better tool I have here.
Dear Paul’s victim, you are not only a Paul’s victim, but, a victim of a culture growing fraudulent year after year. A few dozen of moderators and members venerating their master for reason obscure to us, nothing to understand why those reasons that you naive (You shouldn’t be but you are) took the plunge and some of you lost big. Let me give you an example: Look what Mark Hamilton said. (Click on the image to enlarge it)
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(The original statement is here)Do you see his name on the investors’ list? Of course not! He never had the attention to be on! He did it to be good with Paul hopping to revive his 2008 failed “program” on mutual assistance. I will tell you later what this was, but meanwhile you investor – victim bite the bait “If Mark goes for it, must be good!
But First, let’s finish what I started There, then We’ll travel in this world of scammers expats in Cebu, precisely the moderators Bob Ward, Mark Hamilton, The Norseman, the member- know all “Americano” and a few others.
I will skip some of the excerpts that (gain) you can read here, and show you the list of the victims in Paul Petrea's scam. Below is what was taken from the other blog.
"Before I continue with the setup of the scam, let’s take a look who “the investors” were with all numbers and details.
The list is an XSL file, too wide for uploading on a blog.com page entirely and be readable. I will put separate screen shots with everything on the spreadsheet.
VICTIMS BEWARE! DO A FAVOR TO YOURSELF AND GET THE FECK OUT OF THIS FORUM (LIVEINTHEPHILIPPINES.COM) THAT IS NOTHING ELSE THAN A SISTER SITE OF THE LIVING IN CEBU FORUMS.
THE THREE MODERATORS I NAMED TOGETHER WITH THIS SEXPAT AMERICANO ( HE HAS HIS OWN AGENDA, NOT THE ONE YOU SEE ON THE SURFACE) ALL THEY WANT IS TO BURY THE CASE.
PAUL IS STILL THEIR IDOL, THEIR TEACHER IN SCAMS AND SEXPAT WAY OF LIFE. THEY LOVE HIM! ONLY POSSIBILITY TO RECOVER THE MONEY, NOT THE ONE THAT EXIST -BECAUSE IT DOESN’T- BUT THIS MONEY THEY WILL ALL KILL THEMSELVES TO RAISE IT – IS A LAWSUIT FOR ESTAFA AGAINST THOSE WHO RECOMMENDED THE WELL FOUNDING OF THE OFFER, WHILE THEY KNEW WHO PAUL PETREA AND BILL ARAGONI WERE, INCLUDING MARK HAMILTON AND ALL OTHERS ON THE LIC TOPIC I SAVED.
AND OF COURSE AGAINST JULIE ? X, BILL’S ARAGONI PARTNER IN LIFE AND DUMMY IN HIS BUSINESS.
DO A FAVOR TO YOUR SELF AND DON’T SETTLE BY COMPASSION TO THE “POOR GIRL THAT LOST HER BOY FRIEND” SHE WAS, AND STILL IS FULLY INVOLVED IN THE SCAM
HERE IS THE LIST."Click on the image to enlarge it(
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You need to click on the image to enlarge it to see the details of the document or you can click here
End of this entry, next week I will tell you who the new partner of Paul Petrea is in exploring the waters for a new scam. Someone who knows me very well, someone who has only one "raison de vivre" as he stated in the Living in Cebu forums. This one: (Click on the image to enlarge it)
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I can assure you Paul and Mike Mountstephen "aka" Spooks and Paul I'm just fine, enjoying life in Cote d'Azur my wife still with me in love as she had always been.
Salutations see you soon together again for the next entry.
