Internet income business verification - Net Income Solutions. Is it real?

[Citizen X]

Not really the time to celebrate being right, I'm afraid. I always feel sorry for the losers at times like these.

So very true boss

[Darkangelyaya]

Am I correct in assuming that proceeds from a crime may be attached by the State? Does it apply here to the investors?

[Chrisjan B]

Very much possible!

Sent from my GT-I8190 using Tapatalk 2

[Citizen X]

Fx#@#xc?D~

Oh no, I guess I never thought about that, should thecourt find that a crime has been committed, my new house and car may just be declared the proceeds of crime! I really hope that no criminal charges are brought


They told me I must have at least 1o $ to invest, I said, I only have 10 cents, at least my 2 cents prevented me from investing hehe

what to do

Should criminal charges be brought , and a verdict of guilty granted, then yes, proceeds of crimes can be attached by the state. We haven't reached that stage as yet. I'm confident that investigations of some sort are underway... Difficult to say if criminal charges will be brought...

[IanF]

OK I found a link to refunding pyramid scheme payouts. Link
"If an investment looks just a bit too profitable, tread very carefully - you risk losing it all!"

Here is a link posted earlier in the thread your payouts could be recalled. LINK Basson Blackburn

[Citizen X]

Here is a link posted earlier in the thread your payouts could be recalled. LINK Basson Blackburn

PYRAMID SCHEMES - THE REPAYMENT RISK (AND INNOCENCE IS IRRELEVANT!)

A pyramid scheme must, by definition, eventually collapse; leaving (statistically) up to 88% of investors queuing for whatever the liquidator is able to recover for them from the perpetrators.

Even those investors who "got out early" can expect a claim for repayment from the liquidator, and a recent High Court judgment illustrates the dangers of investing in any scheme that looks suspiciously profitable, even if the investment is made entirely innocently (that is, without any knowledge that it is going into a pyramid scheme).

Ordering an investor to refund to the liquidator all monies that the scheme had distributed to him prior to liquidation (a total of R549.500, being both capital invested, and interest accrued thereon), the Court commented that it was irrelevant whether or not the investor "may have been unaware that an offence was being committed by the payer". The whole business activity of the scheme being unlawful, repayments could never have been made "in the ordinary course of business" (which would have validated them).

If an investment looks just a bit too profitable, tread very carefully - you risk losing it all

Source:
http://www.bassonblackburn.com/news-attorneys-sep.html
Accessed 1 March 2013

[Citizen X]

What is an ex parte application?

Well Father Ted,
1. It will help some if you could download the court order found at this link

https://docs.google.com/file/d/0BzvgHbVjpjvxeUsxaTZ2T1dMdmc/edit?usp=sharing

2. You download it by choosing the print ribbon, then print as adobe/pdf
3. Firstly, we need to distinguish between action proceedings and application proceedings. Action proceeding are characterized by summons, pleadings and a trial whereas application proceedings are brought by way of a notice of motion supported by affidavit;
4. There are different types of motion proceedings Ex Parte applications, ordinary applications and Urgent applications;
5. From the court order it would appear that an urgent application was brought.
6. The uniform rules of court aka ‘RULES REGULATING THE CONDUCT OF THE PROCEEDINGS OF THE SEVERAL PROVINCIAL AND LOCAL DIVISIONS OF THE HIGH COURT OF SOUTH AFRICA,’ is applicable here in particular rule 6(1)(a)
7. Rule 6(1)(a) of the Uniform Rules state, “Save where proceedings by way of petition are prescribed by law, every application shall be brought on notice of motion supported by an affidavit as to the facts upon which the applicant relies for relief.”
8. There are various other procedures that need to be complied with for an ex parte application but if it’s brought on an urgent basis as was the case here then rule6(12) finds reference which provides that “In urgent applications the court or a judge may dispense with the forms and service provided for in these Rules and may dispose of such matter at such time and place and in such manner and in accordance with such procedure (which shall as far as practicable be in terms of these Rules) as to it seems meet.”



What is this rule nisi?
Well Mr’s Doyl,

1. The Rule Nisi is simply a court order which calls on the respondent or respondents as the case may be to show good cause on a fixed day in the order. This is known as the return day of the rule nisi. Should the respondent fail to show good cause on this day that the order becomes final. It’s currently an interim order , it will become final on 26 March 2013

[Blurock]

Not really the time to celebrate being right, I'm afraid. I always feel sorry for the losers at times like these.

Correction; no losers - just people driven by greed. They were warned, they knew what they let themselves in for and they were adamant to continue with the scheme.

[Darkangelyaya]

I have to say, I feel really sorry for some of the people, especially on the facebook page. It is clear that most of them do not understand what is happening, and also that some in the low income groups have been ruined. Having the history that I do, I know the kind of desperation that makes you do stupid things, when there just isn't money anywhere to lay your hands on, despite having worked your backside off...

DaveA / Vanash, I don't know if you facebook, but could you perhaps post something on that site that explains it to them, gently?

[Blurock]

People who start and/or promote schemes like this should be locked away immediately without the option of bail. Too many poor people, pensioners and those who can least afford it are being conned daily with a myriad of schemes.

Why are people so gullible? You put burglar bars on your windows, but open your purse to a stranger.