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Thread: WCM may be much WORSE than we ever suspected

  1. #51
    LBLive's Avatar
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    Re: WCM may be much WORSE than we ever suspected

    I am wondering how the authorities who have issued the C&D orders are going to react to the continued build out of kingdomtrade.org..

    The rumblings I have seen is now they are trading 'points' (don't call them stocks) for cash. Of course once you add in all of the fees and transfers, people are still losing money trying to get their assets back out of the system. Haven't seen any of Tiger for sometime either. Team Leaders are advising people on how to use proxy servers to get around the USA IP restrictions.

    Through their team leader mouth pieces they have announced the Rothschild family has joined, and they are saying Wendy Rothschild is related to the famous banking family Rothschilds. There's a whole other conspiracy theory revolving around that family as well, but I can't find any "Wendy Rothschild" who shows a relation to that family.

    For the doubters, who still think Phil is some type of financial wizard who is really out for your best interests, I refer you to this post from 2005, where he is trying to learn from someone online how to set up offshore banking..

    https://groups.yahoo.com/neo/groups/...ons/topics/192

    I'm still putting together an investigative report on this one, it's just gotten to be a huge undertaking (I'm including as much background on the board of World Capital Market and their lack of credentials as well). I will publish it when it gets a little tighter and more readable.

  2. #52
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    Re: WCM may be much WORSE than we ever suspected

    Quote Originally Posted by LBLive View Post
    Team Leaders are advising people on how to use proxy servers to get around the USA IP restrictions.
    Like TelexFree.

    Quote Originally Posted by LBLive View Post
    the Rothschild family has joined . . . There's a whole other conspiracy theory revolving around that family as well, but I can't find any "Wendy Rothschild" who shows a relation to that family.
    The "Rothschild" claim may indicate that "sovereign citizens" or people acting under the delusional influence of "sovereigns" are among the WCM777 steroidal puppeteers. AdSurfDaily story figure Kenneth Wayne Leaming, who was arrested in 2011 by an FBI terrorism Task Force, once told a colleague that “the Rothschilds” were hiding in a “bunker in India” while controlling the central bank of Iraq, according to court files.

    To a certain extent, WCM777 is channeling an earlier scam known as "BossTeam" that was operating in British Columbia. The packaging is a little different, but the chant is largely the same. It's also a lot like the alleged CKB and CKB168 scams broken up last year by the SEC.

    WCM777's Ming Xu also is channeling Ponzi schemer Scott Rothstein by sucking up to local power brokers in California. Rothstein did so in Florida, and is serving 50 years. At a minimum, WCM777 is a cult of personality. Ming Xu appears to have believed he could summon a religious emissary of some sort to prevail on the government of Colombia to back off the investigation. Beyond that, he appears to have believed that WCM777 somehow would cause Christianity to thrive in lands in which Christianity is a minority faith.

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  3. #53
    littleroundman is offline Administrator
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    Re: WCM may be much WORSE than we ever suspected

    01/23/14 - World Capital Market, Inc. (WCM777)

    The California Department of Business Oversight issued a Desist and Refrain Order against three companies, World Capital Market, Inc., WCM777, Inc. and WCM777 Limited, which collectively ran an investment scam marketed under the name “WCM777.” The order was also issued against the principals of WCM777, Ming Xu and Zhi Liu, and salesperson, Harold Zapata. The order directs WCM777 to cease all operations in California.

    The Department has not issued WCM777 a permit, license or qualification to offer or sell securities. In connection with security offerings, WCM777 makes a number of material misrepresentations, including the claim that WCM777 operates outside the jurisdiction of United States regulators.

    The Department advises consumers that using a licensed securities broker or investment professional affords protections under state law related to disclosures and provides recourse should there be a dispute with the broker or investment professional. Please check the background of your broker or investment professional by using Financial Industry Regulatory Authority (FINRA) BrokerCheck.

    All California investors in WCM777 are strongly encouraged to contact the Department of Business Oversight to file a formal complaint at (866) 275-2677. The January 8 order is available on the Department’s website at http://www.dbo.ca.gov/ENF/pdf/2014/WorldCapitalMarketInc_dr.pdf.

    California Department of Business oversight
    The only thing necessary for the triumph of evil is for good men to do nothing

  4. #54
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    Re: WCM may be much WORSE than we ever suspected

    PPBlog is reporting new information today. The California DBO is requesting people who invested in the scheme to contact the DBO immediately.

    BULLETIN: California Asks Residents Who Bought Into WCM777 To Contact Department Of Business Oversight ‘Immediately’; State Says Thousands Of Locals Bought Into Scam

    Way to keep on top of this stuff Patrick

  5. #55
    NikSam is offline AntiCon Artist
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    Re: WCM may be much WORSE than we ever suspected

    Quote Originally Posted by LBLive View Post
    PPBlog is reporting new information today. The California DBO is requesting people who invested in the scheme to contact the DBO immediately.
    ....
    Hehe, but wait till Monday, office is closed

  6. #56
    littleroundman is offline Administrator
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    Re: WCM may be much WORSE than we ever suspected

    Greedy, stubborn or willfully ignorant ???

    It seems no matter how the evidence is stacking up or how many warnings are issued, some people just won't listen.




    Steve Hoffman advertising Kingdom777 on Google+



    Steve Hoffman promoting Kingdom777 on his Stevierayh channel on YouTube
    The only thing necessary for the triumph of evil is for good men to do nothing

  7. #57
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    Re: WCM may be much WORSE than we ever suspected

    He's going to hang his hat on the not my pants defense, and skip out to a country without an extradition treaty with the US

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    Re: WCM may be much WORSE than we ever suspected

    Quote Originally Posted by LBLive View Post
    He's going to hang his hat on the not my pants defense, and skip out to a country without an extradition treaty with the US
    Nah, he will just say to people he recruited "Sorry, i was tricked too" and "At the end you -yourself made decision to invest, do not blame me, i did not hold a gun to your head"
    and will move to promote a next scam - there is no end to those and their number doubles every year.

    And with that new scam, he will contact all who lost and offer them an oportunity to get even in the new scam which is "real/legit this time", and they will all come.

  9. #59
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    Re: WCM may be much WORSE than we ever suspected

    The only thing necessary for the triumph of evil is for good men to do nothing

  10. #60
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    Re: WCM may be much WORSE than we ever suspected

    Should i post a link to that Patrick's post too? just to keep a company, it was already posted earlier

  11. #61
    littleroundman is offline Administrator
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    Re: WCM may be much WORSE than we ever suspected

    It appears Phil Ming Xu has been taking lessons from Andy Bowden of AdSurf Daily infamy.



    "If you don't call it a ponzi, it's not a ponzi and those silly regulators will leave us alone"

    Didn't work real well for Bowdoin, who is currently serving out his sentence in a Federal Detention facility, but, hey, perhaps Ming Xu will be able to pull it off.

    Kingdom777 announcements
    The only thing necessary for the triumph of evil is for good men to do nothing

  12. #62
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    Re: WCM may be much WORSE than we ever suspected

    But didn't they just assure us kingdom777 was different since the name change?

  13. #63
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    Re: WCM may be much WORSE than we ever suspected

    Quote Originally Posted by NikSam View Post
    Nah, he will just say to people he recruited "Sorry, i was tricked too" and "At the end you -yourself made decision to invest, do not blame me, i did not hold a gun to your head"
    and will move to promote a next scam - there is no end to those and their number doubles every year.

    And with that new scam, he will contact all who lost and offer them an oportunity to get even in the new scam which is "real/legit this time", and they will all come.
    Ahh - Faith Sloan syndrome.. Steve and Her went round and round earlier this week, but Ming has come back to twitter.

    Hi PHil! Can we get another photo of Tiger - I'd like to know he's doing ok..

  14. #64
    littleroundman is offline Administrator
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    Re: WCM may be much WORSE than we ever suspected

    Is trouble brewing on the administrative side of Kingdom777 as well as with the law ??



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    Re: WCM may be much WORSE than we ever suspected



    The only thing necessary for the triumph of evil is for good men to do nothing

  16. #66
    littleroundman is offline Administrator
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    Re: WCM may be much WORSE than we ever suspected

    Doesn't matter how you describe it or how many useless "products" Kingdom777 includes,

    You buy in and earn a return on investment.

    The only thing necessary for the triumph of evil is for good men to do nothing

  17. #67
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    Re: WCM may be much WORSE than we ever suspected

    Quote Originally Posted by littleroundman View Post
    ...
    "If you don't call it a ponzi, it's not a ponzi and those silly regulators will leave us alone"
    ...
    Let them play their little game of avoiding / running from the law, it will only make a grotesque finale. :)

    renaming a "company" to a name which was not in Cease docs (technically that company KingdomCard does not exist as a legal entity), and replacing a director (which was in cease orders) with a new guy - good strategy :)


    theya begging for feds to get involved instead of states.

    At this point, i just want to watch them pissing the lion off :)

    Operators could get off pretty easy on state level, on fed level they will face about 30 years
    Last edited by NikSam; 02-15-2014 at 04:23 AM.

  18. #68
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    Re: WCM may be much WORSE than we ever suspected

    And just because I enjoy pushing info forward a little faster than some of the Entrepanuers .. Affiliates, you know who you are, are you ready to use 777 processing Inc? I wonder who will be charging affiliates a percentage for the easy cash outs?

    It looks like it will be used to work with objects that can exchange to registered stock after company bonds registered stock after company bonds. Very simple 'eh?

    Phil, where are Tiger and Andy these days ? Too bad prisoners don't make license plates anymore. KGDM777 and WCM777 are still available in my state

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    Re: WCM may be much WORSE than we ever suspected

    Would be great if we could get some of these translated - A weeks worth of Phil's Webinars to the Malaysia teams

    Video 1
    Video 2
    Video 3
    Video 4
    Video 5

    Looks like he's concentrating on markets outside of the USA now..

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    Re: WCM may be much WORSE than we ever suspected

    And another update for today as they are shuffling sites from one provider to another and moving their Customer Service Department (Their lease was up).

    Kingdom777 Sites Down | The Paper

    I also wonder if the California A.B.C. would like to know more about this scam.. Alcohol Beverage Control is responsible to make sure people who hold alcohol sales license show good judgement and moral responsibility. Kingdom Capital Market LLC is working on getting their license for the restaurant.

    California ABC - License Query System - Data Summary

    more fun to come as I find it.. Hi Phil!

  22. #72
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    Re: WCM may be much WORSE than we ever suspected

    Quote Originally Posted by LBLive View Post
    And another update for today as they are shuffling sites from one provider to another and moving their Customer Service Department (Their lease was up).

    Kingdom777 Sites Down | The Paper

    I also wonder if the California A.B.C. would like to know more about this scam.. Alcohol Beverage Control is responsible to make sure people who hold alcohol sales license show good judgement and moral responsibility. Kingdom Capital Market LLC is working on getting their license for the restaurant.

    California ABC - License Query System - Data Summary

    more fun to come as I find it.. Hi Phil!


    Name changing again? A popular team leader is now advising the name is changing to Global Unity. Nothing I have been able to find out about this switch as of yet, other than to facilitate the change to the new company, all members who were in “locked” jurisdictions who could not access their accounts will be unlocked so they can transfer their points into the new system.

    I’m not sure if they are aligning with Global Unity Ministries or if they are starting up another shell corporation. Whatever the case, I’m sure they are not making the regulating bodies very happy with the maneuvers.

  23. #73
    littleroundman is offline Administrator
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    Re: WCM may be much WORSE than we ever suspected

    The only thing necessary for the triumph of evil is for good men to do nothing

  24. #74
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    Re: WCM may be much WORSE than we ever suspected

    Alaska has now joined other states by issuing an Investor Fraud Alert to its' citizens concerning the WCM777 / Kingdom777 / Global-Unity fraud:

    The only thing necessary for the triumph of evil is for good men to do nothing

  25. #75
    NikSam is offline AntiCon Artist
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    Re: WCM may be much WORSE than we ever suspected

    Thank You Quebec, you finally are catching up (almost)

    ALERT on WCM777 by AMF of Quebec, Canada


    WCM777_QC_ALERT.jpg


    URL: March is Fraud Prevention Month - Caution regarding offers related to WCM777

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