Frode Jørgensen the CEO of Plexpay has been arrested by the NorwegianOriginally Posted by ao0288
governments.
Ha was arrested yesterday 20/09-2005
He run away with 18,000.000,- Nkr from Selbu Sparebank. In Tronheim.
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22-09-2005, 09:09 AM #11
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22-09-2005, 02:23 PM #12
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Mail from management
Sent: den 22 september 2005 10:07
To:XXXXXXXXXXXX
Subject: plex
Importance: High
Quote:
Dear members.
An announcing has come into Norwegian authorities from Selbu Sparebank and some of our members that where not satisfied with the Picpay solution.
Tuesday, sept 20, the norwegian authorities came to make an investigation against the CEO and support department. The support office is runned by a Norwegian registered company. As a part of the investigation they closed our server. Plexpay as we know is not a part of the investigation.
The CEO was taken into custody to make an explanation of the situation. He is now arrested and explains how the client account are used together with his lawyer. The investigation will find out if he has done something wrong.
We have our own lawyers that works extremely hard to get back our server and other equipment. We are convinced that shortly we will be back and running Plexpay as normal. Our staff are ready to come back to work anytime.
Further information will come.
Plexpay Management.
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22-09-2005, 02:29 PM #13
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Mail från managementet
Sent: den 22 september 2005 10:07
To:XXXXXXXXXXXX
Subject: plex
Importance: High
Citat:
Dear members.
An announcing has come into Norwegian authorities from Selbu Sparebank and some of our members that where not satisfied with the Picpay solution.
Tuesday, sept 20, the norwegian authorities came to make an investigation against the CEO and support department. The support office is runned by a Norwegian registered company. As a part of the investigation they closed our server. Plexpay as we know is not a part of the investigation.
The CEO was taken into custody to make an explanation of the situation. He is now arrested and explains how the client account are used together with his lawyer. The investigation will find out if he has done something wrong.
We have our own lawyers that works extremely hard to get back our server and other equipment. We are convinced that shortly we will be back and running Plexpay as normal. Our staff are ready to come back to work anytime.
Further information will come.
Plexpay Management.Keep yourself clean and bright; you are the window through
which you must see the world.
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22-09-2005, 03:19 PM #14
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Disquieting news about Plexpay
Just received from BTI an email about Plexpay - which is currently shutdown allegedly by the Norwegian government and the persons behind Plexpay actually imprisoned.
Plexpay program apparently has followed the P*PS program model,
1) Create a "program" that pays high returns in a country that has strict banking laws
2) Attract alot of capital
3) Move the capital all around the world
4) Ignore members requests
5) Force members to complain
6) Do nothing and wait for authorities to close the program
7) Spend some time 'fighting' to get the program re-started
8) Make all members believe that everything is being done that is possible to get their money 'unfrozen'
THE FOLLOWING P*PS MODEL PROGRAM STEPS HAVE NOT OCCURRED AS OF YET AND ARE ONLY SPECULATION
9) Give up and close the program and blame the authorities
10) Inform members that the money will be tied up for years
11) Years later inform members that all money was 'eaten' by authorities in terms of fines, penalties and legal costs
12) Retire comfortably in a different country with a new face and new teeth.
13) Repeat phases 1 to 12 as necessary
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22-09-2005, 03:35 PM #15
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Is the website also down at the moment?
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22-09-2005, 03:36 PM #16
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Yes follower.
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22-09-2005, 03:42 PM #17
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Temporary glitch.
Zubaidi:Monetary value of the Iraqi dinar must revert to the previous level, or at least to acceptable levels as it is in the Iraqi neighboring states.
Shabibi:The bank wants as a means to affect the economic and monetary policy by making the dinar a valuable and powerful.
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22-09-2005, 03:48 PM #18
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So many people have hope in PP too, I was thinking to invest in PP, just the membership fee deters me. Oh, well, back to my DXINONE business. Sigh...
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22-09-2005, 03:50 PM #19
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They're saying it's down to members complaining because plex had asked them to put real money in and not P**p** which plex had never been paid for. Can understand where plex are coming from. Members have gone to the authorities.
Shame, got Loyal Card and bank account details through from them yesterday.Zubaidi:Monetary value of the Iraqi dinar must revert to the previous level, or at least to acceptable levels as it is in the Iraqi neighboring states.
Shabibi:The bank wants as a means to affect the economic and monetary policy by making the dinar a valuable and powerful.
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22-09-2005, 03:55 PM #20
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Same vicious circle made up of groaning, moaning GREEDY loaners..... or are they loaners in any program they join??? I hope you can hang on there Adster...
Chhers mate!
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