Anyone who is following Roger and his global con job must have read by now that XL Singapore Private Limited is owned by a holding company registered to a P.O. Box in the tax haven nation, Republic of Seychelles. Many small companies and hedge funds have off shore accounts and even companies to funnel millions of dollars globally. A business savvy decision by Roger to incorporate his organization in Africa?
Lets see, XL Results Foundation, registered as a Pte Ltd company in Singapore in 2001, lists its principal activities as “1) Technical, vocational and commercial education and 2) Mail order agencies (including sales via telephone and internet)” from ACRA business profile. Roger had told me that he was near financially broke when he first moved to Singapore. His business is his CD programs, membership sales, seminars and publishing. Hardly a cash cow that requires an intricate corporate and finance structure that span 2 continents. Savvy business decision or something more sinister? Your call.
As of today, he is untouchable to the hundreds of members he had recruited and even ex-employees, who are seeking compensation.
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XL Results Foundation life members ask where their money is.
ReplyDeleteCon artist Roger Hamilton and his cronies have spent members funds blocking legal requests to disclose the detailed XL Results Foundation accounts. XL Results Foundation is under suspicion it is a global pyramid scheme with the revenue source the constant stream of members into the scam.
As the creditors move in, XL Results Foundation has shut down its head office in Singapore leaving members, employees and service providers lined up and empty handed.
If your a life member reading this post, do you know where your membership fees have gone?
Are you the victim of a global scam?
Life Members should be asking where their money is.
ReplyDeleteRoger Hamilton and his cronies have spent members funds blocking legal requests to disclose detailed XL Results Foundation accounts. XL Results Foundation is under suspicion it is operating a global pyramid scheme with the revenue source the constant steam of new members into the scheme.
As the debt collectors move in XL Results Foundation has shut down its head office in Singapore leaving members, ex employees and service providers lined up and empty handed.
If you a life member reading this post, do you know where your membership fees have gone. Are you the victim of a huge Ponzi scam?
Life members should contact the Department of Fair Trade and or Consumer Protection agencies in their respective country.
In the meantime Roger Hamilton has holed up in Bali. XL Vision Villas, Gianyar Bali +62 361950720.
http://blog.datamanagementsolutions.biz/2008/06/shonky-operator.html
http://www.bizop.ca/blog2/complaints-and-investigations/xl-results-foundation/
http://mingtiandi.com/?p=58
http://www.brilliant4biz.com/category/xl-results-foundation/
http://xlresultsfoundationscam.blogspot.com
http://www.businessesfromhell.com/topic.asp?TOPIC_ID=401
http://www.stuff.co.nz/4287069a6442.html
http://www.pyramidschemealert.org
http://www.brisbanetimes.com.au/articles/2007/05/30/1180205312469.html