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Friday, 15 September 2017

Global InterGold - Bank changes and a scandal in Greece


Global InterGold's banking roulette continues


Global InterGold continues having problems with its bank accounts in Philippines. The most recent change of bank happened about week ago. Now the scammers are using Security Bank instead of EastWest Bank, which they had been using since June 12. The shell company used is still the same, Value Gold and Precious Metal Inc.

Frequent change of banks is an obvious sign of money laundering suspicions and thus frozen bank accounts. Therefore I find it strange that Global InterGold manages to find new banks in Philippines by using the exact same shell company.

What's even more puzzling, Global InterGold has two Bulgarian bank accounts that have been used for quite some time already. However, the holder of the bank accounts has some problems of his own.


The Embezzlement Scandal in Greece


The shell company holding Global InterGold's bank accounts in Bulgaria is MD7 Trade Ltd. According to the company's financial statement from 31 December 2016 the initial capital of MD7 Trade Ltd. was only about 255 euros. - Yeah, that's the company running bank accounts of this global gold business. 

The owner of the company is Mihails Subotins, an Ukrainian businessman who's connected to a scandal in Greece. Mihails Subotins has filed 97.2 million euros lawsuit against owner of Aris BC (Basketball Club), Nikos Laskaris, on March 31 2017. Coincidentally the lawsuit is about online gold trading and embezzlement. What's the whole story behind this is somewhat unclear. 

I managed to find this Greek article which gives some more light to this case. Subotins accuses Laskaris of embezzling 915 pounds of gold and 57 million euros. According to the lawsuit part of those assets were used by Laskaris to acquire shares of Aris BC.

One thing is sure. There's no doubt that those 100 million euros were not used to invest in gold to benefit the members of Global InterGold.


Here's updated list of Global InterGold's present bank accounts and their holders:




SB PHP
Bank recipient:
Security Bank
Bank address:
SBC Building, McArthur Highway, Balibago, Angeles City, Pampanga
SWIFT:
SETCPHMM
Beneficiary:
VALUE GOLD and PRECIOUS METAL INC.
Beneficiary's address:
Unit 3202-B Atlanta Center Annapolis Greenhills San Juan City, Metro Manila, 1502, Philippines
Beneficiary's account:
0000007185379


International Asset Bank
Bank recipient:
International Asset Bank
Bank address:
1303 Sofia, 81-83 Todor Alexandrov Blvd., Bulgaria
SWIFT:
IABGBGSF
Beneficiary:
MD7 TRADE LTD
Beneficiary's address:
Sofia 1407, Lozenets area, No. 103 James Bourchier blvd., 1st floor
Beneficiary's account:
BG55IABG80741400112801



UNITED BULGARIAN BANK
Bank recipient:
UNITED BULGARIAN BANK
Bank address:
5 St. Sofia str., Sofia 1040, Bulgaria
SWIFT:
UBBSBGSF
Beneficiary:
MD7 TRADE LTD
Beneficiary's address:
Sofia 1407, Lozenets area, No. 103 James Bourchier blvd., 1st floor
Beneficiary's account:
BG71UBBS80021450283810

2 comments:

  1. How is this pyramid even standing anymore?

    ReplyDelete
    Replies
    1. I have been amazed by the fact myself. According to Alexa.com the scam got a new boost just recently: https://www.alexa.com/siteinfo/globalintergold.com

      Occasionally I have spotted some disappointed members commenting on the official Facebook page of GIG. Nevertheless, there seem to have been a new herd of gullible victims despite all the bad press around the scam.

      There was supposed to be a major event in Helsinki today:
      http://kusetukset.blogspot.fi/2017/05/global-intergolds-global-event-in.html
      - I was thinking about going to see if that actually happened, but didn't bother to travel there to waste my weekend.

      This is the website promoting the "global" event:
      https://richness.fi/
      - The domain was registered to Reet Nurmi.

      According to Reet Nurmi one can achieve 3000-7000 euros of additional income by joining the scheme:
      https://www.globalevents.news/event/miksi-kulta

      Delete

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