Finalmente World’s Kobus van der Merwe seems to be feeling the warmth, such that he’s uploaded “Finalmente World Remaining Video” to YouTube.
Within the January twenty third video van der Merwe blames latest liquidation proceedings for Finalmente World’s collapse.
The very first thing van der Merwe does is reassure his victims that he’s “nonetheless right here”.
Right here being a chair in entrance of a inexperienced display at an undisclosed location.
Quite than simply admit Finalmente World was a Ponzi scheme that went bust, van der Merwe claims he “switched off” the platform.
Referring to Finalmente World operating out of latest funding to pay returns with as “the state of affairs”, van der Merwe claims he consulted with
authorized and safety professionals in an try and additional discover all obtainable choices to treatment the state of affairs.
Sadly none of those advisors knew tips on how to create ROI income out of skinny air, no less than not instantly.
To listen to van der Merwe inform it, he and his advisors had been “arduous at work” making an attempt to beat Ponzi math. Then on January twelfth, they had been interrupted by pesky victims submitting a liquidation utility.
Once more, conserving in thoughts Finalmente World was a easy Ponzi scheme that went bust, van der Merwe claims
This untimely utility lodged to the Excessive Court docket prevented us from any likelihood in anyway of buying and selling the corporate again to a liquid place utilizing any authorized strategies.
Aw, how cute. Van der Merwe reckons if we simply given sufficient time, he’d have been capable of legally generate funds to pay Finalmente World.
Which naturally begs the query, why not then generate funds legally from the start?
I do know the reply to that. You recognize the reply to that. Kobus van der Merwe is aware of the reply to that.
As a result of van der Merwe is filled with crap. That is the equal of Ponzi scammers within the US having a cry when the SEC shuts them down, pretending that is what prevents them from paying individuals with cash they don’t have.
As a result of actions of those three people who’re named within the doc, my potential to discover a authorized technique to treatment this case was taken away from me immediately – and can now be handled by the appointed liquidators.
Van der Merwe indicators off by thanking those that didn’t decide him for stealing their cash, “from the underside of (his) coronary heart”.
My intentions had been by no means for this to occur and prove the best way it did.
If solely there was a way of figuring out that is how all Ponzi schemes finish. Some methodology we might use to calculate what occurs when a scheme pays withdrawals with invested funds.
If solely.
And for all of the bravado about not “operating away” and “nonetheless being right here”, van der Merwe has disabled feedback on his newest video.
Whereas it’s actually amusing to dissect the entire and utter nonsense South African scammers push after their Ponzis collapse, it sadly highlights a weak spot in regulatory legislation enforcement.
Together with Mirror Buying and selling Worldwide, we’ve two Ponzi schemes wherein we and South African regulators know full-well who ran them, how a lot they stole and the place they’re.
And nonetheless they continue to be at giant. Free to push baloney sob tales about how, after stealing hundreds of thousands from their victims, how robust they and their households are doing it.
How lengthy these charades will proceed to play out is anybody’s guess. However it’s getting fairly tiresome.