Thread: SwissCash/SwissMutualFund/ESuisseFund

Originally Posted by pinetree

H,bluepacific,

You Are Really A Big Lair. It is almost amuzing.

pinetree

Almost as amusing as Swiss Mutual Fund 1948 ( LIAR ) SolidInvestment coming back ( LIAR ) PIPS coming back ( LIAR ) Global Car Restorations ( LIAR ) Plexpay is coming back ( LIAR ) OIL VENTURE and Private Bank coming soon ( LIAR ) Brian will never be brought to a Court of Law ( LIAR ) I bought a $500,000 Luxury Apartment in an Asian Capitol with $104K PicPay$ ( LIAR )


I'll say one thing for you. You're entertaining. Seriously folks , just look at this as entertainment.

Heres the latest on swizzcash.In the news again!

TODAYonline

Originally Posted by Dreamer

Heres the latest on swizzcash.In the news again!

TODAYonline

This article should make people who have stayed away Warm & Fuzzy All Over. Sure glad I never stepped in any pine sap

Originally Posted by Owen Platt

If, as claimed, Swiss Mutual Fund (1948) s.a. are licenced as a financial institution, able to accept funds from the public, they are obliged under the terms of the licence to publish their annual audited accounts and to provide these to ANY enquirer.

Could you give 10 examples of annual audited accounts records from any offshore financial institution operating same as swiss mutual fund.

QUOTE:
“Could you give 10 examples of annual audited accounts records from any offshore financial institution operating same as swiss mutual fund.”

The problem is that Swiss Mutual Fund (1948) s.a. does not hold a licence to accept deposits of money from the public. If they did, this would be on record at the Eastern Caribbean Central Bank since they are registered as an IBC in The Commonwealth of Dominica.
The following is a definition of ‘banking business’ and the appropriate reporting requirements:

“banking business" means the business of accepting deposits of money which may be withdrawn or repaid on demand or after a fixed period or after notice and employing those deposits in whole or in part by lending or otherwise investing them for the account and at the risk of the person accepting them; and "banker" shall be construed accordingly;

Every licensee shall, within four months of the end of its financial year, publish in the Gazette a true and full yearly statement of its accounts and the auditor of the licensee shall certify that such statement is properly drawn up so as to exhibit a true and correct view of the state of the licensee's affairs as shown by the books of the licensee, and the auditor of the licensee shall have the right of access at all times to the books, accounts and vouchers of the licensee; provided that the Governor may, if he sees fit, exempt any licensee from the provisions of this section.”

A typical example of the regulations of a ‘mutual fund’ as Swiss Mutual Fund claims to be is that of The Bahamas (all offshore jurisdictions have essentially the same statutes):

“A person other than a licensed mutual fund administrator shall not carry on or attempt to carry on business in or from The Bahamas with the words "fund management" or "fund manager" or "fund administrator" or any of their derivatives in the English Language or any other language in its name or title and shall not represent in any way that he is carrying on or attempting to carry on business in or from The Bahamas as a mutual fund administrator unless exempted by the Commission.

Misrepresentation as fund manager or fund administrator.
19. (1) A licensed mutual fund administrator shall have its accounts audited annually by an auditor approved by the Commission.
Licensed mutual fund administrators to have annual audit.
(2) A licensed mutual fund administrator shall send its audited accounts in respect of a financial year of the administrator to the Commission within four months of the end of that financial year or within such extension of that period as the Commission may allow.”

As for examples of LICENSED offshore investment management companies (which Swiss Mutual claims to be), the following is just a representative group that submit audited accounts that can be made available to the public on request:

Accuvest Limited Broker Dealers, Corporate Services, Fund Administration
Arner Bank & Trust (Bahamas) Ltd. Banking & Trust Services, Broker Dealers, Fund Administration
Banca del Gottardo Banking & Trust Services, Broker Dealers, Fund Administration Banco Votorantim S.A. - Nassau Branch Banking & Trust Services, Fund Administration Bank of Nova Scotia Trust Company (Bahamas) Ltd.
Banking & Trust Services, Broker Dealers, Fund Administration
Banque Privee Edmond De Rothschild Ltd. Banking & Trust Services, Broker Dealers, Fund Administration
Banque SCS Alliance (Nassau) Ltd. Banking & Trust Services, Broker Dealers, Fund Administration
BNP Paribas (Bahamas) Limited Banking & Trust Services, Broker Dealers, Fund Administration
BSI Overseas (Bahamas) Limited Banking & Trust Services, Broker Dealers, Fund Administration
Butterfield Fund Services (Bahamas) Limited Fund Administration
CFAL Broker Dealers, Corporate Services, Fund Administration, Securities Investment Advisors
CIBC Trust Company (Bahamas) Limited Banking & Trust Services, Fund Administration Citco Fund Services (Bahamas) Ltd. Fund Administration
Cititrust (Bahamas) Limited Banking & Trust Services, Fund Administration
Credit Suisse Investment Bank Banking & Trust Services, Broker Dealers, Fund Administration
Credit Suisse Wealth Management Limited Banking & Trust Services, Fund Administration
Deltec Bank and Trust Limited Banking & Trust Services, Broker Dealers, Fund Administration
DPM Mellon (Bahamas) Ltd. Fund Administration
Elco Bank & Trust Co. Ltd. Banking & Trust Services, Broker Dealers, Fund Administration
Experta Trust Company (Bahamas) Limited Banking & Trust Services, Fund Administration

No mention of SC then

Almost 2 years old

Pay never miss

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Just keep the money under your pillow..

Originally Posted by bida

Could you give 10 examples of annual audited accounts records from any offshore financial institution operating same as swiss mutual fund.

Answer ??? No you can't.

Why ????

Answer ?????

Because any Financial Company that OPERATES SAME as Swiss Mutual Fund , does business in the Sewer. Like the Sewer , they are well hidden from Public view and scrutiny. Like the sewer , they are loaded with Filth. There is no way Swiss Mutual Fund is going to open it's books to any Public Auditor , let alone it's own investors.

Normal Real World Corporations who go Public with offerings of Shares and Stocks are required by law of any Country to open their books up for Joe Public to observe. There's no way Swiss Mutual Fund is going to open up it's books to anybody. You can't even find 1 address for them , let alone 10.

Real Slick there , Bida. Like Boriz Sui , you just don't give a crap , do you ????

Originally Posted by sensis

Almost 2 years old

Pay never miss

Secured by:

SSL
DDOS
Dual Layer Password
Anti keyboard listener for password
SMS Notification

300% returns

What else you want more?

Just keep the money under your pillow..

Do you have any Conscience at all Sensis about taking off with other peoples money ??????

I did'nt think so.

Hi bluepacific,

Last few days SC scam me again by sending me SMS saying that they just gave me 10% of my investment.

Just follow my earning lets say we start from January 1st 2007. Ignore about SC start since April 2005.

Now is my turn to as you question:

How long normally pyramid scheme can last?

Which is the longest one?

Pyramid scheme can't last long see the reason in wikipedia. Before this so many people set the period for SC to survive. Some give few months, some 1 years. But for u I think u should give 2 years.

If after that period sc still exists, either u stay away or join us.