Dissatisfied With Asset First Sdn Bhd
Anti Scam 2 - Tue 22/Jun/2010 2:27pm [Last Comment]
Anti Scam 2 - Tue 22/Jun/2010 2:27pm [Last Comment]
Hi I am a member of a property investment company that promised a return between 20-43% a year. On the first year of my investment I manage to get my return as promised. However come 2009 the company started giving excuses to delay payment.
A package that was called ABC was delayed from 10 months to 12 months to now coming to 14 months. There's no telling how much longer this will carry on. When asked, nobody can give a definitive answer. This is further aggravated since the company collected service fee upfront.
My advice is to be careful before joining this type of scam. They promise in one year ROI but once money in the bank, it can be anything. What is more worrisome is a large number of investor are using OD and every month delay is interest charge.
Niche: Diskusi Tuntutan Dan Tribunal
A package that was called ABC was delayed from 10 months to 12 months to now coming to 14 months. There's no telling how much longer this will carry on. When asked, nobody can give a definitive answer. This is further aggravated since the company collected service fee upfront.
My advice is to be careful before joining this type of scam. They promise in one year ROI but once money in the bank, it can be anything. What is more worrisome is a large number of investor are using OD and every month delay is interest charge.
Niche: Diskusi Tuntutan Dan Tribunal
1. Thoon Koh Yew - Sat 26/Jun/2010, 9:41pm
hi, I am also a member. I would like to know what is the status? the company is still running?
hi, I am also a member. I would like to know what is the status? the company is still running?
2. Anti Scam 2 - Mon 28/Jun/2010, 8:36pm
Last week meeting with Paramjit promised he will pay back the capital and not the profit and service charges. Payment will be made in stages in Sept, Oct, Nov, Dec.
Last week meeting with Paramjit promised he will pay back the capital and not the profit and service charges. Payment will be made in stages in Sept, Oct, Nov, Dec.
3. Starmal - Mon 5/Jul/2010, 2:11pm
neither BNM nor IRB has instructed freeze of payments. I have checked.
neither BNM nor IRB has instructed freeze of payments. I have checked.
4. Anti Scam 2 - Mon 5/Jul/2010, 8:58pm
I now do not rely on Paramjit words. 2 months can be God knows how many months.
I now do not rely on Paramjit words. 2 months can be God knows how many months.
5. Eugene 3 - Tue 6/Jul/2010, 2:33pm
BTW, I still have not got back my august 2008 investment. That is the longest yet so far! 2 YEARS!
BTW, I still have not got back my august 2008 investment. That is the longest yet so far! 2 YEARS!
Starmal, how did you check? Param seems to have the right contact in BN to verify the freezing. Do you?
7. Messi - Tue 6/Jul/2010, 4:12pm
i supect they are having cashflow problems and buyiny time to avoid payments.
i supect they are having cashflow problems and buyiny time to avoid payments.
8. Anti Scam 2 - Tue 6/Jul/2010, 10:00pm
At first the FBC was going to be paid in April. Come April on the day payment suppose to be made a DRAMA to stop all checks suddenly got sms to all payment collectors. Then the payment for both FBC and ABC was deferred to July due to taxation issue. Now the new issue is the current properties cannot be sold. During the early stage of the so called crisis, I was very sure the checks were ready as in April.
Paramjit is definitely a twisted conman with a big twisted turban.
At first the FBC was going to be paid in April. Come April on the day payment suppose to be made a DRAMA to stop all checks suddenly got sms to all payment collectors. Then the payment for both FBC and ABC was deferred to July due to taxation issue. Now the new issue is the current properties cannot be sold. During the early stage of the so called crisis, I was very sure the checks were ready as in April.
Paramjit is definitely a twisted conman with a big twisted turban.
just walk in to Bank Negara and make a complaint. they are very helpful.
10. Victim 2 - Wed 7/Jul/2010, 1:19am
i m a fbc and abc investor. any complain to authorities may complicate matters. It is advisable to wait until august as promised by him for the first principal pymt which is not very long anyway.
i m a fbc and abc investor. any complain to authorities may complicate matters. It is advisable to wait until august as promised by him for the first principal pymt which is not very long anyway.
11. Hope - Wed 7/Jul/2010, 12:05pm
I agree wit victim 2, if any one person unintentionally took a wrong move i m afraid it may cause disaster to all. V have waited for more than a year now..i think no harm of waiting for another few months..at least there is a hope of principal returns...together v pray for the best..
I agree wit victim 2, if any one person unintentionally took a wrong move i m afraid it may cause disaster to all. V have waited for more than a year now..i think no harm of waiting for another few months..at least there is a hope of principal returns...together v pray for the best..
I called BNM Special Investigation Unit but they never heard of Asset First. Can somebody point me to the right person please
13. Eugene 3 - Wed 7/Jul/2010, 1:31pm
try asking Param. He did say onlt certain officers in BN know about this.
try asking Param. He did say onlt certain officers in BN know about this.
I agree with messi. the "account freeze" story is bluff. IRB definitely cannot simply freeze a/c they need court order. BNM has never frozen theira/c. then what is tha problem releasing the money? these turbans are treating us like stupid fools
16. Unhappy - Fri 9/Jul/2010, 7:45pm
Did u guys get an email from sukhjit to confirm your outstanding principal?
Did u guys get an email from sukhjit to confirm your outstanding principal?
17. Starmal - Sat 10/Jul/2010, 2:35pm
no yet but i heard he is sending out in batches. we have to sign statuary declaration of some sort. to accept the principal amount and forgo profits
no yet but i heard he is sending out in batches. we have to sign statuary declaration of some sort. to accept the principal amount and forgo profits
20. Investor8369 - Tue 20/Jul/2010, 12:42pm
Hi! asset first members,
I just receipt a emial from sukhjit on 19/07/2010 and state the properties outstanding amount only to verify just all . Do you feel is justify? how about others expenses paid ?
Hi! asset first members,
I just receipt a emial from sukhjit on 19/07/2010 and state the properties outstanding amount only to verify just all . Do you feel is justify? how about others expenses paid ?
Of course not! Unfortunately we are at this bloody Benggali mercy... I never had such an investment that was so one sided.
22. Investor8369 - Wed 21/Jul/2010, 1:17pm
Anti scam 2 , I wish you could form a forum special for asset first members and seek others opinion and engage a law firm help and all members share the cost . you do not need to be so frustrate with this issue after all what done is done, look farward to get better money pay back. please do it fast. thanks.
Anti scam 2 , I wish you could form a forum special for asset first members and seek others opinion and engage a law firm help and all members share the cost . you do not need to be so frustrate with this issue after all what done is done, look farward to get better money pay back. please do it fast. thanks.
23. Messi - Thu 22/Jul/2010, 10:48am
I am not convinced with Param's explaination. if the properties have been sold, the money should go into the trust account. this money cannot be used for anything else except distribution to members. I have checked, none of the two authorities, i.e. Bank Negara nor IRB given instruction to hold payments. I THEREFORE CONCLUDE THAT THE MONEY FROM THE TRUST ACCOUNT WAS ILLEGALLY WITHDRAWN. why areParam and gang not showing any letters from authorities??
I am not convinced with Param's explaination. if the properties have been sold, the money should go into the trust account. this money cannot be used for anything else except distribution to members. I have checked, none of the two authorities, i.e. Bank Negara nor IRB given instruction to hold payments. I THEREFORE CONCLUDE THAT THE MONEY FROM THE TRUST ACCOUNT WAS ILLEGALLY WITHDRAWN. why areParam and gang not showing any letters from authorities??
Thx to Anti scam2 for starting this forum. Im totally frustrated with whats been happening so far. There are lots of inconsistencies in the stories given by this co. We too hv checked with Bank Negara Malaysia, & according to them, they havent freeze anyone's accounts in respect to Asset First &/or its investing members/residents. BNM hv suggested that we get legal advice as this is under "cheating" case, not under BNM jurisdiction. Thus, what they hv been telling us so far is not true. Maybe like what Messi said, the money from lawyer's trust has been absconded. We wont know. Further, in a Statutory Declaration, theres only one party who signs it, ie the person who makes the declaration. This shld be Asset First/Paramjit, & NOT us. We need to becareful of what we sign as we may sign our rights away. We hv been given all sorts of excuses over the last one year, ranging to lawyer delay to BNM investigations. These appear to be buying more time in their favour. We dun know what new excuses will be given. Maybe next excuse wud be, SSM is investigating them & another delay for few years? We shldnt just sit & hope.
We shld do the following:-
1) We all need to meet up amongst ourselves to discuss our situation & how to solve this issue smartly & not at the mercy of this co. Maybe Anti scam 2 can gather our contact emails & HPs, & then plan a meetup to discuss further.
2) Thereafter, we shld engage a legal firm (& share its costs amongst ourselves) to seek our remedies because this comes under civil &/or criminal case (if there is criminal element in it). It is wise to seek legal opinions as we are dealing with this co & its chairman who is/was a lawyer.
Can we all ask Anti scam 2 to organise a meetup first...?
25. Anti Scam 2 - Thu 22/Jul/2010, 9:16pm
For privacy purposes you can send your name and h/p to asset1stcommunity@gmail.com
I will then send sms for us to meet on weekend or saturday to decide on the action.
Only consideration is if we go legal it may be longer than August. I cannot afford to wait long because I use OD facility. To me the sooner I get my capital the better.
Forget about meeting Paramjit, he is unreachable for further explanation.
For privacy purposes you can send your name and h/p to asset1stcommunity@gmail.com
I will then send sms for us to meet on weekend or saturday to decide on the action.
Only consideration is if we go legal it may be longer than August. I cannot afford to wait long because I use OD facility. To me the sooner I get my capital the better.
Forget about meeting Paramjit, he is unreachable for further explanation.
26. Frustrated - Thu 22/Jul/2010, 11:46pm
Thx Anti scam2, kindly gv us few days notice b4 we meetup.
Yes we all want to get back our capital soonest possible. Seeking legal opinion does not necessarily mean that we ll take legal action agst them at this point in time. For eg, It also encompasses legal opinion on whether the SD docs or any doc is detrimental to us if we sign.Lets us all think of various questions to facilitate our discussion when we meetup.
Thx Anti scam2, kindly gv us few days notice b4 we meetup.
Yes we all want to get back our capital soonest possible. Seeking legal opinion does not necessarily mean that we ll take legal action agst them at this point in time. For eg, It also encompasses legal opinion on whether the SD docs or any doc is detrimental to us if we sign.Lets us all think of various questions to facilitate our discussion when we meetup.
Anyone with ABC purchases here ? Eugene 3 who has not got his money after 2 years should be under ABC. As I understand ABC is straight forward. You have to sign the S & P twice. After signing the second time, ask the lawyer where is the money as you are a party direct under the contract. After so long and not getting your money should make a complain at the Malaysian Bar. Is S. Bavani the lawyer handling the ABC transactions ? The Malaysian Bar confirmed that S. Bavani is still in practice and not suspended. This is the only information that the Bar can release. I also asked whether when a lawyer is being investigated for Money Laundering, does he or she has to inform the Bar and the answer is Yes but the Malaysian Bar could not release information to me whether S. Bavani has inform the Bar whether she is being investigated for Money Laundering.
28. Hope - Fri 23/Jul/2010, 7:11pm
Like anti scam 2, I huv also used banking facility to invest in AFS, unfortunately got stuck...i understand the frustration/stress that some of us are going tru...every day is like a year to me .....my only bigger worry is that...if there is to many people go and make inquiry abt a co. to authorities...it may initiate them to investigate the co. (if they huv not done so as some of us claim)...then v will be in real problem...i cannot afford to lose my capital and i believe same goes to some of us....so the payment of next month will determine the next course of action...
Like anti scam 2, I huv also used banking facility to invest in AFS, unfortunately got stuck...i understand the frustration/stress that some of us are going tru...every day is like a year to me .....my only bigger worry is that...if there is to many people go and make inquiry abt a co. to authorities...it may initiate them to investigate the co. (if they huv not done so as some of us claim)...then v will be in real problem...i cannot afford to lose my capital and i believe same goes to some of us....so the payment of next month will determine the next course of action...
31. Anti Scam 2 - Sun 25/Jul/2010, 8:24pm
Hi all, 2 more had responded. I wait for few more before calling the meeting.
Cheers
Hi all, 2 more had responded. I wait for few more before calling the meeting.
Cheers
32. I Smuggler - Sun 25/Jul/2010, 11:01pm
The Oscar winners for the following categories are:
The award for best actor:
The nominees are: Leonardo De Caprio for “Inception”, Robert Pattinson for “Eclipse: The Twilight Saga” and Paramjit Singh for “The Spinner Singh Chronicles”
Results: The award goes to Paramjit Singh for fooling all of us with his sweet words and promises. This fellow is the brains behind the whole shebang. He is a master of deception and deceit with the ability to lie with a straight face.
The award best supporting actor:
The nominees are: Nicholas Cage for “Sorcerer’s Apprentice”, Jackie Chan for “Karate Kid” and Sharanjit Singh for “The Spinner Singh Chronicles”
Results: The award goes to Sharanjit Singh for his great ability to suck up to his master and to talk a lot of rubbish without proper information. He is simply a dumb henchman who has no idea how much trouble he is in…hehe
The award for best supporting actor’s assistance:
The nominees are: Sukhjit Singh for “The Spinner Singh Chronicles”
Results: Unfortunately there are not many idiots that fall in this category therefore the award goes to the idiot called Sukhjit Singh. This fellow will carry out orders given by his mahagurus Paramjit Singh and Sharanjit Singh, no matter how nonsensical it may be without even blinking. He definitely lacks the part of the brain where information is processed and deliberated. I wish my pet dog was as obedient as him.
Conclusion: Guys, if we don’t act now we are screwed. With all the info we have, it is obvious that we’re on Paramjit’s joy ride. The question is, do we go along or do we pull the hand brake. In my opinion, if the authorities don’t know what’s going on, then it’s about time they do. We cannot keep playing the game the way they want us too.
The Oscar winners for the following categories are:
The award for best actor:
The nominees are: Leonardo De Caprio for “Inception”, Robert Pattinson for “Eclipse: The Twilight Saga” and Paramjit Singh for “The Spinner Singh Chronicles”
Results: The award goes to Paramjit Singh for fooling all of us with his sweet words and promises. This fellow is the brains behind the whole shebang. He is a master of deception and deceit with the ability to lie with a straight face.
The award best supporting actor:
The nominees are: Nicholas Cage for “Sorcerer’s Apprentice”, Jackie Chan for “Karate Kid” and Sharanjit Singh for “The Spinner Singh Chronicles”
Results: The award goes to Sharanjit Singh for his great ability to suck up to his master and to talk a lot of rubbish without proper information. He is simply a dumb henchman who has no idea how much trouble he is in…hehe
The award for best supporting actor’s assistance:
The nominees are: Sukhjit Singh for “The Spinner Singh Chronicles”
Results: Unfortunately there are not many idiots that fall in this category therefore the award goes to the idiot called Sukhjit Singh. This fellow will carry out orders given by his mahagurus Paramjit Singh and Sharanjit Singh, no matter how nonsensical it may be without even blinking. He definitely lacks the part of the brain where information is processed and deliberated. I wish my pet dog was as obedient as him.
Conclusion: Guys, if we don’t act now we are screwed. With all the info we have, it is obvious that we’re on Paramjit’s joy ride. The question is, do we go along or do we pull the hand brake. In my opinion, if the authorities don’t know what’s going on, then it’s about time they do. We cannot keep playing the game the way they want us too.
33. Frustrated - Sun 25/Jul/2010, 11:53pm
Guys, does anyone know about the other lawyer, Jagmohan Singh & Associates?
Since we are now aware of the 'joy ride', pls quickly email yr contacts to Anti scm's email above. Thereafter, we shld meetup to decide next course of action. Do not wait until Aug 10 for them to so call "pay us". We nd to discuss & have various options at hand (in the event they dont pay us in Aug 10) as they can continue to give us stories going forward. If we work together collectively, its better than each one of us taking single action.
Guys, does anyone know about the other lawyer, Jagmohan Singh & Associates?
Since we are now aware of the 'joy ride', pls quickly email yr contacts to Anti scm's email above. Thereafter, we shld meetup to decide next course of action. Do not wait until Aug 10 for them to so call "pay us". We nd to discuss & have various options at hand (in the event they dont pay us in Aug 10) as they can continue to give us stories going forward. If we work together collectively, its better than each one of us taking single action.
34. Hartajaai - Mon 26/Jul/2010, 6:50pm
has anyone obtained their prop titles or deed of assignments from Asset 1st or Jagmohan (lawyer)??
has anyone obtained their prop titles or deed of assignments from Asset 1st or Jagmohan (lawyer)??
35. Anti Scam 2 - Mon 26/Jul/2010, 7:07pm
I even had the already stamped S&P on 4 properties. Nothing I can do about it.
I even had the already stamped S&P on 4 properties. Nothing I can do about it.
36. Hartajaai - Mon 26/Jul/2010, 7:29pm
also hv stamped S&Pfor 5 prpperties but i note only address of properties stated,no lot nos master title, etc n the lawyer jagmohan n associates wont give details.IS itacceptable to prepare S&P without full details.Has anyone reported Jagmohan to Bar Council?He says all props sold but wont pay proceeds to me, way overdue
also hv stamped S&Pfor 5 prpperties but i note only address of properties stated,no lot nos master title, etc n the lawyer jagmohan n associates wont give details.IS itacceptable to prepare S&P without full details.Has anyone reported Jagmohan to Bar Council?He says all props sold but wont pay proceeds to me, way overdue
37. Shawn - Mon 26/Jul/2010, 10:07pm
I dont give a damn. .No right answers.Very vague. They were linked to an auction firm/real estate agency. Need to check on them for answers.
I dont give a damn. .No right answers.Very vague. They were linked to an auction firm/real estate agency. Need to check on them for answers.
38. Buta Property - Mon 26/Jul/2010, 10:22pm
I'm a FBC member. Just called their office today and mentioned they preparing statuary declaration in 2 batches (end July / early Aug 2010). Another "joy ride" or "merry-go round"? Hope no "Abracadabra" stuff in statuary declaration! Shall we just wait and see whether can get our principal latest by early September 2010? Just another 2 months can wait right? If still yo-yo situation, then we have to take action. Note: Anti Scam 2, already send contact to your asset1stcommunity@gmail.com.
I'm a FBC member. Just called their office today and mentioned they preparing statuary declaration in 2 batches (end July / early Aug 2010). Another "joy ride" or "merry-go round"? Hope no "Abracadabra" stuff in statuary declaration! Shall we just wait and see whether can get our principal latest by early September 2010? Just another 2 months can wait right? If still yo-yo situation, then we have to take action. Note: Anti Scam 2, already send contact to your asset1stcommunity@gmail.com.
39. Shawn - Mon 26/Jul/2010, 10:46pm
Buta Property, are u sure of the SD's.......by right why should we sign it. Checked with my lawyer pals.........????????????????????????????????
Buta Property, are u sure of the SD's.......by right why should we sign it. Checked with my lawyer pals.........????????????????????????????????
40. Anti Scam 2 - Mon 26/Jul/2010, 10:53pm
Hi all,
I had managed to talk to a lawyer friend on this matter;
In summary, if you can get your capital get it and run as fast as you can. If you want to get the service fee and profit the process may take a long time (as in 4 to 5 years) and you need to sign non approval on the SD doc which will hold the capital back.
Estimated lawyer fee for such a case can range RM20K - RM30K. That easily wipe my profit margin.
Finally Paramjit can always go to court of appeal to further lengthen the legal process
Hi all,
I had managed to talk to a lawyer friend on this matter;
In summary, if you can get your capital get it and run as fast as you can. If you want to get the service fee and profit the process may take a long time (as in 4 to 5 years) and you need to sign non approval on the SD doc which will hold the capital back.
Estimated lawyer fee for such a case can range RM20K - RM30K. That easily wipe my profit margin.
Finally Paramjit can always go to court of appeal to further lengthen the legal process
41. I Smuggler - Tue 27/Jul/2010, 12:33am
Hi guys, when I attended the recent explanation talks by our Oscar best actor, I noticed that many investors just wanted their capital back. Some guys were planted there for sure to express their concern and gratitude for the help paramjit is supposedly extending by dealing with the authorities and trying to resolve the situation….hehe….how thick does he think we are!!! Neway, the fact that some want back their capital only is not a surprise because many investors have put their life savings into this and some have borrowed. Paramjit knows this for a fact, and he's counting on it.
I invest in ABC and FBC. FBC is based on the deed of trust all FBC members signed at the start. Therefore the trustees are liable and we should attack head on coz the law is clear. For ABC, also very straight forward, go after the lawyers. The bar has to be alerted about this. I feel sorry for these lawyers as I'm sure they knew nuts about what was going on or if they knew, they were suckered like us…but we have no other choice. In an ideal world the person responsible should face the consequences but hey, what can I say about that.
This is to the lawyers involved, whom I know are reading this forum every hour and every day, not forgetting the Oscar winners as well.
“If you lawyers are willing to meet us and tell us the truth, we might be able to help you. Pls help us help you. Open your eyes and see that we are your masters and not Asset First. We paid fees to you to protect our interest not Asset First or Spinner Singh’s interest.” If you fail to see that, then hey, what can I say about that. ”
Hi guys, when I attended the recent explanation talks by our Oscar best actor, I noticed that many investors just wanted their capital back. Some guys were planted there for sure to express their concern and gratitude for the help paramjit is supposedly extending by dealing with the authorities and trying to resolve the situation….hehe….how thick does he think we are!!! Neway, the fact that some want back their capital only is not a surprise because many investors have put their life savings into this and some have borrowed. Paramjit knows this for a fact, and he's counting on it.
I invest in ABC and FBC. FBC is based on the deed of trust all FBC members signed at the start. Therefore the trustees are liable and we should attack head on coz the law is clear. For ABC, also very straight forward, go after the lawyers. The bar has to be alerted about this. I feel sorry for these lawyers as I'm sure they knew nuts about what was going on or if they knew, they were suckered like us…but we have no other choice. In an ideal world the person responsible should face the consequences but hey, what can I say about that.
This is to the lawyers involved, whom I know are reading this forum every hour and every day, not forgetting the Oscar winners as well.
“If you lawyers are willing to meet us and tell us the truth, we might be able to help you. Pls help us help you. Open your eyes and see that we are your masters and not Asset First. We paid fees to you to protect our interest not Asset First or Spinner Singh’s interest.” If you fail to see that, then hey, what can I say about that. ”
42. Hartajaai - Tue 27/Jul/2010, 3:40pm
hello fellow victims, i am an ABC investor. all my S&Ps were prepared by Jagmohan & associates.Purchase cost was paid direct to his account. after the salesS&P executed also by him, he has not paid me anything, long past the 3+1 month time period.Even told him to return the Deeds of Assignment if sales didnot go thru. says he does have them.Is it not his responsibility to hold deeds until property sold or to return if not sold?
hello fellow victims, i am an ABC investor. all my S&Ps were prepared by Jagmohan & associates.Purchase cost was paid direct to his account. after the salesS&P executed also by him, he has not paid me anything, long past the 3+1 month time period.Even told him to return the Deeds of Assignment if sales didnot go thru. says he does have them.Is it not his responsibility to hold deeds until property sold or to return if not sold?
43. Hope - Tue 27/Jul/2010, 4:40pm
Hi guys based on the last e-mail from AFSB....they are going to send the SD by batches starting from 27th ..did anyone received the SD ?
Hi guys based on the last e-mail from AFSB....they are going to send the SD by batches starting from 27th ..did anyone received the SD ?
44. Shawn - Tue 27/Jul/2010, 9:22pm
We are eagerly awating for the SD's.....will see the content. Actual fact who should be signing the SD....them or us.What is the SD for.........protect whose interest..... i am lost........oh duit duit dimana kau
We are eagerly awating for the SD's.....will see the content. Actual fact who should be signing the SD....them or us.What is the SD for.........protect whose interest..... i am lost........oh duit duit dimana kau
45. Truthful - Tue 27/Jul/2010, 11:20pm
Hi, I am both an ABC and FBC investor.
Thanks for the invaluable comments. Appreciate if Anti Scam 2 can arrange for
a meeting soonest to enable us to discuss and decide on the course of action collectively.
Hi, I am both an ABC and FBC investor.
Thanks for the invaluable comments. Appreciate if Anti Scam 2 can arrange for
a meeting soonest to enable us to discuss and decide on the course of action collectively.
46. Shawn - Wed 28/Jul/2010, 1:46am
We all should thank Anti Scam 2.Anyway, although its late I cant sleep....cant tell my family......i cant comprehend what is happening
We all should thank Anti Scam 2.Anyway, although its late I cant sleep....cant tell my family......i cant comprehend what is happening
47. Frustrated - Thu 29/Jul/2010, 1:31am
FYI, those guys in Asset first are aware of this forum & our posts.
We dun remember having signed any Deed of Assignment (DOA). When we paid the legal fees & fees to Asset First, we trusted them to do a gd job for us & for the lawyer to represent us as they hv a fiduciary duty to client. Even AFSB has a legal bound duty to clients.
According to many legal sources, SD is only to be signed by the person who makes declaration & attested by Commissioner of Oath. Why are we required to sign it. The contents of the "SD" is very impt. Be sure of what u sign.
Guys, pls quickly email yr contact to Ant scm 2.
FYI, those guys in Asset first are aware of this forum & our posts.
We dun remember having signed any Deed of Assignment (DOA). When we paid the legal fees & fees to Asset First, we trusted them to do a gd job for us & for the lawyer to represent us as they hv a fiduciary duty to client. Even AFSB has a legal bound duty to clients.
According to many legal sources, SD is only to be signed by the person who makes declaration & attested by Commissioner of Oath. Why are we required to sign it. The contents of the "SD" is very impt. Be sure of what u sign.
Guys, pls quickly email yr contact to Ant scm 2.
48. Anti Scam 2 - Fri 30/Jul/2010, 11:29pm
I received the SD. Check with my lawyer and he suggested to include payment schedule.
I received the SD. Check with my lawyer and he suggested to include payment schedule.
49. Victim 3 - Sat 31/Jul/2010, 12:50pm
How can we be making an SD for Asset First to pay us ? At the same time we are signing all our rights away to claim this amount. If we don't get paid later, Asset First can always say that they have never agree to pay us.
How can we be making an SD for Asset First to pay us ? At the same time we are signing all our rights away to claim this amount. If we don't get paid later, Asset First can always say that they have never agree to pay us.
50. Eugene 3 - Sun 1/Aug/2010, 4:20pm
yes I agree with AntiScam2's last post. In fact thta was the first thing I looked for in the SD. As expected, I was dissapointed. No schedule of payment. Without thier promised schedule, they can like pay us 5 years later isn't it?
yes I agree with AntiScam2's last post. In fact thta was the first thing I looked for in the SD. As expected, I was dissapointed. No schedule of payment. Without thier promised schedule, they can like pay us 5 years later isn't it?