Taken from Frode's blog:
It's been awhile since my last update, and since no breaking news has been released, there have not been much to inform about.
Now its only a few weeks to the Hearings start in the Norwegian courts.
And below i will informa on some facts on what is going on.
Start & End
The Hearings are scheduled to start the 29th of October 09.00.
Hearings are scheduled to go on for 6 weeks, and hearings will run every weekday
from 09.00 to 16.00
Charges:
There have been many versions out there stating the charges.
This is the official charges as of today.
11 People are charged for breaking the Lottery Act in Norway.
Authorities claim Plexpay were a Pyramid Scheme and did not sell Products & Services.
We claim this is wrong, as we in fact DID sell products & Services.
Authorities claim GPS had not invested money to be able to provide our ROL.
We claim this is wrong as the company in fact had placed large amounts in several types of investments, bot HIGH, MEDIUM & LOW RISK. All documentation regarding this will be presented.
Lawyers
There are currently 12 lawyers working on the case.
Authorities Goals
1. The first goal of the authorities is to seize all funds/investments/valuables in the system, including all members funds and all the charged people's valuables.
These funds is to be confiscated on behalf of the State of Norway.
2. The second goal of the authorities is to get all charged people convicted for breaking the lottery act.
Information During the case.
I will not publish any updates during the case on these pages, but will post a larger comment on the result when the hearings is over.
Beeing good or bad.
I personally thank all members during this difficult time for the support, help and suggestions. All these things have helped me to keep my focus and strenght to continue the fight.
Lets all put our positive thoughts to the case during the next two months.
Until the next time...
Kind Regards
Frode
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