Posts tagged kroll advisory services

VICTORIA’S SECRET 2015 FASHION SHOW

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VICTORIA’S SECRET WOULD NOT BE PERMITTED IN A SHARIA WORLD

MANS ZELMERLOW (Sweden) – SINGS “Heroes”; THE WINNING PERFORMANCE LIVE AT EUROVISION 2015

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EUROVISION, THIS SONG, THIS DANCE/ANIMATION, THIS VIDEO WOULD NOT BE PERMITTED IN A SHARIA WORLD 

  1. Måns Petter Albert Sahlén Zelmerlöw is a Swedish pop singer, television presenter, model, and actor. Wikipedia
  2. Born: June 13, 1986 (age 28), Lund, Sweden

BITCOIN EXCHANGE OKCoin ACCUSED OF TAMPERING CONTRACT + MONEY LAUNDERING

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Image result for Changpeng Zhao
ABOVE – Changpeng Zhao
BELOW – Roger Ver

 

 

http://www.forexminute.com/bitcoin/bitcoin-exchange-okcoin-accused-of-tampering-contract-money-laundering-59095

 

Bitcoin Exchange OKCoin yesterday announced to discontinue its advertising services forbitcoin.com, following a contractual conflict with its owner — Mr. Roger Ver.

In its blog, the Chinese exchange recalled Var’s involvement in the recent Ripple Labs case, where the payment protocol company was fined by FinCEN over some suspicious activities. This particular case, alongside Var’s earlier federal felonies, forced OKCoin to take such a drastic measure — as per their version of truth.

“In light of the recent FinCen actions against Mr. Ver, OKCoin has taken the stance that it can no longer make contractual payments to Mr. Ver and therefore must end its current version of its management contract of bitcoin.com,” the exchange had said. “To continue management of Bitcoin.com, OKCoin must face a different counterpart.”

Another Version of the Story

Var never wasted a moment to make his case before the Bitcoin community. The celebrated Bitcoin investor posted evidences against OKCoin, and ended up giving a different twist to the company’s aforesaid allegations. Here is the reworded summary of the entire conflict:

According to the initial contract between Roger Var and OKCoin, the former was to manage and develop bitcoin.com for the period of five years. The original draft of this agreement was signed by Rogar Var himself and the CEO of OKCoin, Mr. Changpeng Zhao, granting the former a right to earn monthly cuts from the website’s revenue from advertising. The agreement further agreed to pay Mr. Var a sum of $10,000, even when the website generates less than $40,000 a month.

After failing to pay Var for consecutive months, OKCoin allegedly forged the original transcript of their agreement and added a new clause without other party’s consent, saying that the exchange will be in rights to cancel the contact after giving 6-months prior notice to Roger.

OKCoin meanwhile gave some amusing explanations through their CEO Star Xu. It said that their attorney was not in good terms with an English-based contract and could have misunderstood it in some parts. According to the exchange, their attorney was using Google Translate to reword an English contact into Chinese. We wonder why a company like OKCoin could not here a professional legal translator.

While these accusations were not just enough, a former OKCoin employee took Reddit to post further evidences against the exchange. “The intention of the CEO, Star Xu, was to use bitcoin.com to advertise OKCoin,” he wrote.

“I know this because he rejected my first wireframe and asked me to add 2 links to OKCoin, one on the homepage just below the navbar and another just a few hundred pixels down. I still have the wireframes. Xu’s micromanagement of this project was among the reasons I left weeks later. There was no plan for quality content at any point. No plan to add value to the bitcoin ecosystem. There was only a plan to advertise OKCoin.”

Despite being one of the most successful Bitcoin exchanges to have come out of China, OKCoin is definitely losing credibility before the digital currency community. The foul practices has ripped it naked before the world, a damage that won’t be restored for a long time.

 

TENNESSEE (USA) MAN ARRESTED ON PROMOTING PROSTITUTION + MONEY LAUNDERING CHARGES

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James McGlamery

 

http://www.wgnsradio.com/murfreesboro-and-smyrna-police-help-solve-prostitution-and-money-laundering-case-cms-26655

 

An investigation by Special Agents with the Tennessee Bureau of Investigation and other local and federal agencies has resulted in the arrest of a Marion County man today on charges of promoting prostitution and money laundering.

At the request of then-16th District Attorney General Bill Whitesell, TBI Special Agents, working in conjunction with Agents with Homeland Security and Immigration Customs Enforcement, and officers with the Murfreesboro and Smyrna Police Departments, began investigating James McGlamery on June 7, 2013. During the course of the investigation, Agents developed information that between March 2010 and January 2015, McGlamery was involved in building various massage parlors and spas across the state, including two in Rutherford County, that are suspected of promoting prostitution.

On April 8th, the Rutherford County Grand Jury returned indictments charging McGlamery, 53, with two counts of Promotion of Prostitution, one count of Conspiracy to Promote Prostitution, one count of Money Laundering and one count of Conspiracy for Money Laundering. The Whiteside man was arrested in Marion County early Friday morning. He was transported to the Rutherford County Jail where he is currently being booked. He is being held on a $250,000 bond.

SONS OF SILENCE MC: 36 CHAPTERS WORLDWIDE, BASED IN MIDWEST USA

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