Complaint Review: RudiusCapital & Trust KB - 2449 Luxembourg Internet
- RudiusCapital & Trust KB 26 Boulevard Royal Internet Luxembourg
- Phone: 00.352.27.112.73.30
- Web: http://rudiuscapital.eu/
- Category: Investment Brokers
RudiusCapital & Trust KB, Rudius Holdings Group Ltd. Liars, Cheats, Platorm Trading Scam, Investment Scam 2449 Luxembourg Internet
*Author of original report: Yes...Mark Boswell - Let The Truth Be Known
*REBUTTAL Individual responds: Let's talk Credibility
*UPDATE Employee ..inside information: Now for a dose of 'Reality' to Mr. Annonymous.
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There is a lot of interest in Private Placement Trades also known as Platform Trading. Rudius Capital & Trust KB also known as Rudius Holdings Group marketed a series of investment services, one in particular called the Leveraged Trade Program or LTP. The LTP program promised a 100% return of principle within 60 banking days and an additional 1000% return within 12 months.
Now that might sound like total B.S. to most investors but it is certainly possible especially, if you have on average a million or more to invest. These types of programs do exist by invitation to those that have the means. I know and have participated in these types of programs before with some success; meaning that although I made a fantastic return initially, the programs either ended prematurely or no longer performed as well.
This was a very small cap trade program with a minimum investment of $100K which made it highly attractive. I had extensive due diligence which included INTERPOL and NSA background checks on the published Board and Advisory Members. I also did detailed checks on their offices and virtual office centers. I even checked out their registered business documents and licenses and everything came up clean and still does until now. I invested my hard earned cash into the LTP during February 2012.
Right from the beginning, there was trouble. Rudius had prematurely marketed the program to potential investors. These guys did not have their act together at all. When the program failed to reimburse the initial investment principle within the 60 days, I learned about a business dynamic critical to the LTP program's success that was never disclosed to investors. I also learned about a Mr. Mark Boswell's involvement in this dynamic.
Mark Boswell has gone by different aliases in the past. There is a cloud of suspicion concerning his role in several investor fraud schemes. At the time, I couldn’t find any solid evidence against him, pending court cases or convictions. Rudius nor any of their subsidiaries ever disclosed that Mr. Boswell was actually running the LTP program. At that point, I was ready to bail and asked for the return of my principle.
I was told by Mr. Boswell that my funds have already been committed and unless there was interest from another party willing to "take my place", I could not get my investment back. Aside from continual delays and miscommunications, Rudius and their subsidiaries have breached contract so many times, I have actually lost count. They have a habit of changing the rules in the middle of the game. Did I also mention that they charge a $400 monthly fee to maintain the trust account were your funds supposedly reside.
The real kicker was when Mr. Boswell introduced Strategic Capital Services (SCS) and "suggested" that all LTP investors purchase SCS shares. These shares were supposedly a hedge against the trade windfall by investing the raised capital in various strategies: FOREX, land, buy/sell, etc. The SCS agreement was nebulous and loaded with fees including a $6K monthly account fee. I saw no advantage to signing that ridiculous agreement. I was told by Mr. Boswell that Rudius would honor the original “intent” of the LTP since I did not purchase SCS shares.
Over the next few months, still without my initial investment returned, I received a multitude of communications regarding how close Rudius and the subsidiary management were to a deal with various fictional characters in this whole charade. These unscrupulous characters at Rudius and their various subsidiaries’ have a tendency to build you up on the anticipation that something remarkable was about to happen and then the major let-down was all too common.
Without making this any more boring than it needs to be because you already know how it ends. The bottom-line is that I pretty much made an interest free loan to these people to only finance their corrupt business practices and I am certain a more opulent life-style than myself.
I made nothing from this entire ordeal and lost even more in the lost opportunities that my principle could have afforded me if I had invested elsewhere. I did come away from this with a hard learned lesson… NEVER invest in any trade platform program unless you are ABSOLUTELY direct to the trader or you are wealthy enough to own your own fund or platform.
~D~
This report was posted on Ripoff Report on 06/02/2014 07:35 PM and is a permanent record located here: https://www.ripoffreport.com/reports/rudiuscapital-trust-kb/internet/rudiuscapital-amp-trust-kb-rudius-holdings-group-ltd-liars-cheats-platorm-trading-sc-1151640. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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#3 Author of original report
Yes...Mark Boswell - Let The Truth Be Known
AUTHOR: verypissed - ()
SUBMITTED: Tuesday, July 22, 2014
Mr. Boswell must have a lot of leisure time available to write a rebuttal and even a follow-up, rather than making money for Rudius investors and returning my money along with a hell of an inconvenience profit.
Why is it that guilty people always have to defend their position with a mix of half-truths, confusion and outright lies? Since Mr. Boswell has directly challenged me, I am more than happy to oblige him.
This is the most content I’ve gotten out of this guy since I’ve interacted with him on several occasions via the telephone and email. I would ask him the simplest question and he would give the most generic or evasive answer; unless of course the question involved returning my funds then the answer was a definitive…NO!
Mr. Boswell feels that because there are lots of communications regarding why we investors aren’t getting a return is somehow supposed to make me feel better and exonerates him and his horde from being crooks. He states, “Don't crooks and thieves usually just take the money and run and never look back?”. Mr. Boswell, if you or anyone else has ever seen the CNBC show “American Greed: Scams, Scoundrels”, you would then realize that crooks not only lie to their victims but to themselves even up to the point the cuffs are going around their wrists.
People are insane and you are sadly mistaken if you think any of these ridiculous and laughable communications would make me feel better as an investor in this SCAM. Remember, you are sending this stuff to a guy who has been in the investment and banking business a long time; from the trenches to Senior VP and eventually to a Chief Officer role.
I know how BUY/SELLs work; I know how markets work; I know when I smell B.S.! Bernie Madoff, Titus, Wasendorf… any of these names ring a bell? These guys were still telling everyone that everything was fine until the Feds crashed their party. They even sent out bogus account statements to their clients right up to the end.
You asked me, “Has anyone ever told you that you cannot get your money back?”. You and I both know the answer to that is ABSOLUTELY!!! You have not only told me that every time I asked to withdraw from the program, you even showed me with my recent Redemption request as readers shall see below.
If Mr. Boswell was smart he would just keep his mouth shut and let this post collect dust while he and his comrades drive off into the sunset in new Bentleys with suitcases full of investor funds. But his lawyer ego just had to be argumentative. He thinks the investors that fell sucker to this fraud are less sophisticated than him. It’s just the opposite; we didn’t have to dupe investors out of their cash as part of our job description. We actually worked hard and made our money legally.
He seems to have taken on the role of company spokesman from the beginning; replying to emails and at one point accessible via the telephone. (He stopped taking my calls long ago.) Now he is challenging me and defending his honor and the reputation of his “employer”. All this from a guy who was never listed as an officer, director, principle or even the manager running the investor programs at the time I did due diligence on Rudius and its affiliates. I correctly say, “affiliates”, since Mr. Boswell states that the companies involved in this elaborate fraudulent scheme are not Rudius subsidiaries; although these companies share the same officers and board directors as Rudius.
Mr. Boswell’s name appears as the Rudius attorney who drafted the Private-Contract with the Statement-of-Covenants; which is pretty much the actual trust account agreement. You can review it below.
http://s471479563.onlinehome.us/Rudius/VHG%20Trust%20Doc.doc
Who would imagine the attorney is running the show at a private placement investment fund? My due diligence was performed on the guys who had Officer or Director after their names… usually the people managing the business who share the responsibilities and liabilities.
Why aren’t any of the bigwig members listed as the Board of Directors and Officers of Rudius or its affiliates defending their corporate reputations within this forum? Are these people actual officers and board members? Do they even know their names are being used in this complex fraud?
Why are we hearing from the lone wolf Mark Boswell as if he is defending his personal pet project? His rebuttal if you want to call it that, doesn’t sound like a very “legal” or “lawyerly” response to me. I was never able to actually speak to an officer or director at Rudius or any of the affiliate companies. You call any of the overseas numbers to only be bounced to a barely English speaking answering service that forwards calls. I have only been able to speak to Mr. Boswell at least when he would take my calls. Mark Boswell may in-fact be the MAN behind Rudius, SCS, and Zurich Management Group.
Even when I received emails from, “Administrator”, or “Angel Lopez”, the wording was reminiscent of Mark’s writing. You become familiar with it over time from all the B.S. investor communications you receive from him.
Things I didn’t know about Mr. Boswell at the time I wired funds to Rudius. If I had known this, I would never have sent the funds. There are plenty more just query them yourself.
http://www.bananamarepublic.com/2012/03/08/mark-boswell-going-broke/
http://www.thepanamanews.com/pn/v_18/issue_02/news_07.html
https://www.facebook.com/thepanamanews/posts/260815720625085
http://thescarletpimpernel.info/category/mark-boswell/
http://www.panama-guide.com/article.php/20080224123946548
This is why Mr. Boswell’s name did not appear ANYWHERE and on ANYTHING (including the Rudius website) regarding the marketing materials for Rudius or its affiliates. What investment organization in their right mind would hire a guy with a sordid reputation to potentially MISHANDLE tens of millions of dollars in investor capital? Whether or not this information is true doesn’t matter to me. The fact that his name is littered over the NET in a negative matter certainly makes me very uncomfortable to know that Mr. Boswell - an attorney, accused of violating the code of ethics and professional responsibility HAS MY MONEY.
I believe that Mr. Boswell has created this corporate mumbo-jumbo to finance his life-style. This whole elaborate dynamic may be nothing more than another Ponzi scheme. After all, some investors made a 200% return on their money with principle still available for withdrawal. Not ME! I made ZERO percent!!!
Mr. Boswell likes to ask questions. How about answering a few of mine? Why are some investors paid and some aren’t? Why weren’t the brokers that introduced me and others to the Rudius programs ever compensated by Rudius or its affiliates? What happened to the insurance wrap on the investor accounts? Why do we continue to receive B.S. communications and constant excuses instead of CASH!!! Why are you and your team amateurs? Why don’t you just come clean and admit this was either a scam or you all had no idea what the hell you were doing?; the bottom-line… MY money is GONE!!!
Let’s now address Mr. Boswell’s half-truths and claims that he felt so strongly about he had to publish his rebuttal.
First, I have no problem with anyone knowing who I am or my name. Yes, my first name is Dante but just about everyone calls me Don including my own mother; regardless if they have just met me or have known me for years. Maybe Don is easier for people to remember or pronounce. I don’t know why it should matter other than being another faceless investor duped by the grandiose promises of a corrupt organization?
However, I have a face and it can be seen on my blog: : www.millionairemakeradvisory.com where I openly discuss Rudius just as I do on Linkedin and various trading forums. So Mr. Boswell, I want people to know who I am because I give a face to all the other investors who remain faceless victims to people like yourself.
What REALLY matters is that I share my personal experiences as a warning to other investors considering investing in any program or service offered by the likes of Rudius, SCS, Zurich Management Group, or whatever corporate entity or structure their greedy and corrupt management may be utilizing at the time in an attempt to thwart potential liabilities.
Mr. Boswell feels that I am naïve as to what I actually signed and the risks I assumed. I am certain I have a better understanding of the various contract clauses than he does if he feels his organization including himself, has not breached the LTP agreement or has not done anything unethical or illegal. I understand EXACTLY what the trust account agreement states and why he structured the “business” in that particular domicile; which makes it nearly impossible to sue from a conventional perspective.
However, like most slick think-they-know-it-all lawyers, you overlooked an OBVIOUS flaw in your agreements. You CAN be sued and your organization accounts CAN be frozen. I know it, you probably realized it later on, any international banking counsel knows it, and most importantly INTERPOL knows it!
It simply boils down to whether or not it would be worth the time, expense and effort to do so; which is exactly the perspective Mr. Boswell and people like him hope to achieve.
You can publish whatever you feel that will support your case but the fact is EVERYONE of your investors have begun to see through your B.S.! Referencing me in a document and threatening not to disburse any funds to me as long as I continue to post or fail to remove what I have already posted just proves my point about the level of corruption, arrogance and fraud that exists with you and your horde. No legitimate or honorable organization would EVER state that, share it with other investors or yet alone do that. Feel free to examine this document and the timetable of excuses.
http://s471479563.onlinehome.us/Rudius/LTP%20Reviewpdf%20.pdf
You are a liar. Your program is a SCAM. Your organization and its affiliates are scams. I got egg on my face when I signed up for this bull. It was a very expensive lesson learned. I can guarantee it will never happen again. I am not going to remove anything in anticipation of possibly receiving funds in the distant future. You and your horde’s actions have caused me economic harm!
The only way to make me stop sharing my experience with the world is to PAY ME! All I want is the 100% return of my principle. PAY ME and it all stops. But that will NEVER happen because Mark Boswell, you’re an egomaniac and you think you are ahead of the game but it will catch up to you one day soon my friend. When it does I won’t feel sorry for you.
You claim I breached contract by sharing this information publically but it is your organization(s) which has breached contract with ME. You have forced these addendums and outright restructures to the original agreement upon me without my consent and or input. You have failed to properly disclose pertinent information to investors. You don’t maintain capital reserves. You failed to insure investor accounts as stipulated in the LTP Agreement. You have breached the intent and use of funds as per the LTP Agreement. You have failed to provide PROOF when asked of these supposed transactions and capital exposure. You have violated the Certificate Holders agreement with the Trustee. Although I never signed the SCS Agreement, you erroneously interpret the SCS Agreement as the governing article to support your position of my alleged breach. I could go on and on but what difference does it make? The proof is in the pudding.
Below is the SCS Agreement that they [Rudius and or affiliate management] strongly suggested I sign in an effort to supersede the original LTP contract; which has completely different verbiage and intent than what I signed.
http://s471479563.onlinehome.us/Rudius/SCS%20Memorandum.pdf
I completely understand the semantics of the various corporate entities which Mr. Boswell likes to differentiate. However, the marketing materials that Rudius Capital & Trust KB marketed to potential investors in 2012 made slight mention of third party relationships. The Rudius name was all over the videos and the materials; NOT Strategic Capital Services or Zurich Management Group. There were various YouTube published videos exploring the various investor programs offered via the Rudius Capital & Trust KB website. Some of these videos at one time were accessible directly on the Rudius Capital & Trust KB website. Below are links to a few informative sources.
s471479563.onlinehome.us/Rudius/1 Links to Rudius Capital Videos.doc
This marketing document included in the new investor pack clearly outlines the LTP program.
http://s471479563.onlinehome.us/Rudius/RCT%20LTP.pdf
This document which we now know is B.S. is supposed to suppress any of our concerns.
http://s471479563.onlinehome.us/Rudius/3%20Due%20Diligence%20&%20Security%20of%20Funds.pdf
Although the website has changed a lot since 2012, you can still see that the website says they provide Investment strategies via another division; or utilizing the same management team through 3rd party relationships. Division sounds like the same corporate umbrella to me and same management with a 3rd party really isn’t a third party but whatever. Here is the link below for your review.
http://rudiuscapital.eu/investment_strategies.php
Rudius Capital & Trust KB provides bogus trust services and has a maintenance fee of $400 US Dollars monthly. Mr. Boswell thinks this is such a great deal and I should feel privileged to have such a fine arrangement. The fact of the matter is ANYONE can setup their own off-shore trust for less than $1,500 depending on the jurisdiction. I have done this many times for many years for my clients and myself long before I ever heard of Rudius. I even setup a series of trusts for my children in Panama; which happens to be a virtual Rudius/Zurich Management Group office base.
Once you set it up, there are no monthly maintenance fees. There may be an annual or bi-annual renewal fee of about $300 US Dollars, again depending on the jurisdiction; but that’s it. That’s all you pay.
Now Rudius claims to provide trust administrative services for your trust account for the benefit of tax and liability protection for their investors. In order to establish a trust account you must first establish a trust. Rudius DOES NOT establish a trust for you or your beneficiaries. They only established an internal account for tracking/reporting which they call the “Trust Account”. For this “privilege” your account is charged a $400 a month administrative fee just because. This is their “Trustee Fee” for a trust that doesn’t exist.
Mr. Boswell makes it very clear that by signing the Trust Agreement that you are in-effect donating your funds to this “trust” account and that you no longer have right or control of your funds. The below document was my security as to the intent and use of funds residing in the trust account. I had the administrator or perhaps in this case Mr. Boswell, incorporate the RCT LTP document into the minutes. This document was accompanied by the acknowledgement of such which I did sign.
http://s471479563.onlinehome.us/Rudius/Addendum%20to%20Minutes%20of%20the%20Meeting%20Of%20Trustees.pdf
Further, the Trust Account lists the principle deposit(s), accruing maintenance fees (We can’t forget that!) and an escrow amount by Mr. Boswell’s own admission is nothing more than a fictitious number that is more of a promissory to pay an investor when and if the funds become available… one day maybe.
Pretty much the whole account page is fictitious. Why? Because the funds are NOT there in the account buckets. This page is nothing more than an audit trail for each investor that displays fictitious numbers that are more or less placeholders. If they were real then why haven’t I received my principle even though the account shows 100% of my principle still on deposit? Why did “Administrator” suggest that there are no funds available to credit my principle because promises were made to them that did not come to fruition? The supporting emails appear below in chronological order.
Date / Time: | 04/07/2014 06:19 PM | |
From: | administrator | |
Subject: | Update June 11, 2014 | |
Message: | Warm Greetings! _____________________________________________________________________ | |
Date / Time: | 07/07/2014 11:19 PM | |
To: | victoryg | |
Subject: | Update June 11, 2014 | |
Message: | Enough of this bull and your lies! Give my money back! Why have me go through the futile exercise of this Redemption process if you never intended to refund my money. It's been years and I haven't made a dime. Give it back NOW!!! | |
________________________________________________________________________________
Date / Time: | 09/07/2014 01:45 PM |
From: | administrator |
Subject: | Update June 11, 2014 |
Message: | Dear Dante, |
___________________________________________________________________________________
You see the B.S. we investors had to put up with. They say they’re frustrated? They have got to be kidding! The silly thing is that Mr. Boswell and the rest of the horde actually believe we are buying this crap. I spent most of my career in investment banking and I have SEEN IT ALL. I even told them I have seen it all and you got to do better than this. Below is an email where I offered my services to assist them in their efforts, which I did on several occasions and they rejected the help why… because these people have stolen our money!
Date / Time: | 25/09/2013 01:56 AM |
To: | victoryg |
Subject: | A Really Concerned Investor |
Message: | To whom it may concern: |
_______________________________________________________________________________
This is the kind of continuous crap I had to put up with from these people. They had my money and would not give it back, so what else could I do but offer to help out.
Mr. Boswell harks on the fact that I received 50% of my investment back minus fees. Yes…almost a year later! It wasn’t the 100% principle in 60 banking days as stipulated in the contract but almost a YEAR later and half the money!!! Last time I took a math course that adds up to a loss of at least half my capital and opportunity.
I asked Mr. Boswell to return my funds on three separate occasions the moment the 60 banking days came and went. He always stated that he couldn’t do that because the funds were committed in a trade; and the only way for me to exit the program was if someone were to come and directly invest and take my place.
I knew I was in trouble at that point. Who was going to invest in a program that was marked as “Non-Performing” by the brokerage community? Further, emails sent out by Mr. Boswell and “Administrator” were contradictory as to funds actually being in trade. Even my recent request to withdraw from the program hasn’t been without stall tactics and B.S. excuses.
After taking me through multiple futile tasks of submitting paperwork to withdraw my principle which was to be returned within 30 days; the only problem was that the 30 days kept sliding into 60 days, then 90 days and eventually… a current NEVER! When I inquired as to what’s going on I would get these B.S. reasons as to what may be happening. Eventually as noted above, an email was sent out explaining to all investors that a global economic occurrence is preventing any cash distributions at this time. Emails are below documenting the Redemption process (withdrawal from the investment program). Although I invested in the LTP and never signed the SCS agreement, I had to follow the Redemption procedures of the SCS agreement. The email thread is below.
On Wed, Feb 5, 2014 at 2:33 PM, <dmahoney@thevictorygroup.net> wrote:
Re: REDEMPTION REQUEST NOTICE
Dear Administrator:
As requested, the attached signed Redemption Request Notice. Please
respond with the expected time-frame for redemption.
~Dante Mahoney~
____________________________________________________________________________
Quoting "Zurich Management Grp." <strategies@cwpanama.net>:
02/06/2014 (03:07:53 AM UTC)
Re: REDEMPTION REQUEST NOTICE
Hi Dante,
Message received. will follow up with the trustees and make sure it's
lodged properly.
I hope the year is starting out well for you.
All the best.
Mark
--------------------------------------------------------------------------------
Quoting dmahoney@thevictorygroup.net:
Not really but thank You. ______________________________________________________________________________
from dmahoney@thevictorygroup.net
02/25/2014 (06:55:59 AM UTC)
Re: REDEMPTION REQUEST NOTICE
It's been several weeks since I sent the Redemption Request. When should I expect the funds to be available for wiring to the US?
~D~
________________________________________________________________________________
Date / Time: | 04/07/2014 |
From: | administrator |
Subject: | Update June 11, 2014 |
Message: | Warm Greetings! |
________________________________________________________________________________
05/03/2014 07:34 AM
This message is intended for Mr. Angle Lopez
Message: On February 4th, I sent a Redemption Request to withdraw from the LTP Program.
When can I expect the funds to be available for withdrawal?
This is the third time I have requested an update on my withdrawal request.
Dante Mahoney
______________________________________________________________________________
05/03/2014 07:57 AM
Hello Sir,
We have your request. It is processing which is always done at end of the quarter. End of quarter is March 31. This is in the Memorandum of Offering and Redemption Request. Sorry, we thought you would know.
Best wishes
______________________________________________________________________________
04/08/2014 (07:58:06 PM UTC)
Re: Redemption Request for SCS Ltd. shares
Dear Sir,
As previously noted we are in receipt of your request for share
redemption as allowed in the Private Memorandum of Offering for SCS
Ltd. As of March 31, it was lodged in the books with any or all other
requests and a tally was made.
Based on pending requests as of the quarterly redemption request
deadline of March 31, a report was provided to accounting requesting
their analysis of what is needed to provide the liquidity necessary to
meet all such requests.
The report has been received back and based on that, they feel
comfortable in setting a date for liquidation and being able to send
funds accordingly in 30 days or less.
In the meantime, you are asked to prepare an invoice to the trustee
for the original amount in USD which was used to purchase the shares,
less any amounts received since then. Once the credit is in the trust
account, you will be notified within the ROAM system. Accounting will
send you any final instructions and amount confirmations. Once the
proper invoice is in hand, you may request the transfer from the
Business trust account once credited:
Invoice Info:
To: Rudius Holdings Group Ltd.Fook Cheong Bldg. Rm 611 6F
63 Hoi Yuen Road
Kwun Tong, Kowloon
Hong Kong
From: Name & Address of Company or individual on the bank account
which originally sent the exchange, as per the exchange contract in
your trust documents.
Invoice Item Description: Return of Original Capital
Amount: Original amount of USD used to purchase the SCS Ltd. shares,
less any amounts subsequently received. (to be confirmed by
accounting)
Please let us know if you have any questions.
Sincerely
Angel Lorenzo For the Director on behalf of the Trustee.
______________________________________________________________________________
On May 1, 2014 at 1:09 PM, dmahoney@thevictorygroup.net
Re: Redemption Request from Strategic Planning
Please update me on the status regarding redemption credit.
~D~
______________________________________________________________________________
05/02/2014 (03:54:21 AM UTC)
Re: Redemption Request from Strategic Planning
We are awaiting funds to arrive. We are told they are in process. Will
advise on developments
______________________________________________________________________________
Date: 05-22-2014
Redemption Request from dmahoney@thevictorygroup.net
Good Afternoon Gentlemen:
I am a very patient person but my limits have been tested and reached dealing with the constant moving target dates, the consistent contract breaches, empty promises and stall tactics. You people use theological references but there is nothing Christian or remotely God-fearing about purposeful deception, non-disclosure and selective communication.
For over two and a half years now, I reluctantly trusted your efforts and have gained ZERO PERCENT RETURN! Over two years and I might add painful years, I waited and hoped along with others that this "experiment" would be successful. This entire ordeal was a very painful and expensive lesson.
I followed your instructions as to redeeming the principle. You insinuated that the funds were readily available for redemption. This is the longest "within 30 days" EVER! In previous emails, you have stated that I would be entitled to a "special" payment since I have been a client for so long. I have doubts of receiving anything "special" since I haven't received what was contractually agreed upon.
You made it very clear that by redeeming shares, I would forfeit the "promissory" held in escrow. That I understand and don't have a problem with. What I have a problem with is that: (1) I haven't received the principle as of yet (approaching 60 days since processing). This is not a reasonable time-frame; (2) You continuously hold and trade the funds without my consent; (3) Whether you are successful or not in your current endeavors, you do not feel I am entitled to compensation since I submitted a Redemption Request; (4) You have rewarded selective investors who have not been clients for as long as I have, at least a 200% return against their principle; (5) To reiterate... I have received ZERO RETURN!
I don't like the way you people conduct business and I am certain many of your investors are feeling the same way. I feel it a sense of obligation that I share my journey with Rudius, Zurich Management Group, Strategic Capital Services and the various individual players in this charade with every trading forum, Linkedin group relating to Platform and or Private Placement investments, Red Light, Rip Off Report, platform brokers and investors alike. I will even post a YouTube video publishing my experiences along with every email correspondence. You have (10) days to credit my account so that it can be wired out, otherwise I go viral which will certainly prove to be of further embarrassment.
Dante Mahoney
Exec. Director
The Victory Group, LLP
______________________________________________________________________________
On Tue, 27 May 2014 08:15:49 -0500 dmahoney@thevictorygroup.net
Redemption Request
Gentlemen:
Time is ticking. You now have 5 days left to credit my account with my principle. Since there is no longer a PROFIT account to wire from, I have provided my international wire information below. Thank you.
XXXXXXXXXXXX
XXXXXXXXXXXXX
______________________________________________________________________________
05/27/2014 (08:03:04 PM UTC)
Re: Redemption Request
Hello Mr. Dante,
Thanks you for your information. It has been notated.
We are working bring back a larger sum in a transfer and there have
been some issues causing delays which unfortunate.
Those issues appear resolved and we hope to confirm to you this
week what we can expect.
Thank for you patience.
We reply again by Friday latest.
Regards,
______________________________________________________________________________
05/28/2014 (02:34:25 AM UTC)
Re: Redemption Request
I appreciate the response. Unfortunate issues have become too routine with your organization. Since I can never seem to exit this program when I want, I expect my principle and to share in this profit as an inconvenience bonus long overdue.
Thank you. I look forward to the next communication.
__________________________________________________________________________________
Date / Time: | 06/05/2014 03:47 AM |
From: | administrator |
Subject: | Redemption of Shares |
Message: | Dear Dante, |
___________________________________________________________________________
Date / Time: | 06/06/2014 12:46 AM |
From: | administrator |
Subject: | Follow Up to Yesterday's Update |
Message: | Message from SCS Ltd. |
___________________________________________________________________________
06/12/2014 (03:44:05 AM UTC)
UPDATE
Hello!
Let's start with an admin note:
We've made mention on numerous occasions that all the information we have, is what is passed on to you here. This is the only medium where the LTP will be discussed for privacy reasons and information control. So please do not send emails to other parties at other email addresses engaging in further discussion or asking questions. If there were answers to those questions, you'd have them in the update. Therefore, it serves no purpose. Those emails will not be answered for operational and privacy reasons. Don't take it personally.
Further, this system is attended to by various parties including admin. Admin doesn't have any information other than what is already posted. So again, peppering admin with questions about the updates is not going to advance the discussion any.
Thanks for your understanding and cooperations.
Now for the update....
Message from SCS Ltd.
===================
We had a couple of conversations with Andre the last couple of days. We did not have a secure channel of communication so he was not willing to elaborate much. But he did confirm the following:
He is in a position, with good reason, to know that things are being taken care of. He assured us that 'we' would be taken care of and the time for this to happen is 'very short'.
I know that sounds a bit cryptic but the message is clear and should be a word of confidence that things are being attended to and should be resolved in short order.
As soon as we have anything more, you'll be the first to know.
In the meantime, have a good week.
________________________________________________________________________________
The emails pickup from the July 4th date of the aforementioned emails where I demanded the return of my funds and was told that the funds were not available. Below are emails illustrating my continuous stress with these people and trying to exit the program from the onset.
Date / Time: | 05/09/2012 09:18 PM |
To: | victoryg |
Subject: | To the Trustee: Mr. Angel Lorenzo |
Message: | This message is intended for Mr. Angel Lorenzo. |
Date / Time: | 11/06/2012 07:47 AM |
To: | victoryg |
Subject: | Withdrawal Letter |
Message: | Please forward instructions to withdraw the principle funds from the program. |
_____________________________________________________________________________________
Date / Time: | 11/06/2012 11:30 PM |
To: | victoryg |
Subject: | Withdrawal Letter |
Message: | Please verify the Date the 90 Day period started. |
_____________________________________________________________________________________
Date / Time: | 16/06/2012 08:02 AM |
To: | victoryg |
Subject: | Withdrawal Letter |
Message: | According to an email from Mark dated May 4th, the 90 day period began prior to May 4th. Who is giving the date of June 1st? I want to speak to someone in Senior Management that can clear up these contradicting dates as well as the lack of continuity in the weekly updates. |
02/28/2013 (03:36:04 PM UTC)
Your Inquiry
Hello Dante,
Your email request (below) has been forward to me to reply.
As trustee for the business trust which you operate, you may
communicate direct with me on matters of the business of the trust.
=========
To Managing Officer:
Several weeks ago I inquired about withdrawing our principle from
the LTP. If we did withdraw, would we still be entitled to our
distribution or at least the funds in the escrow account?
Approximately, how long would it take for our principle to be
returned? What are the procedures in order to start the process?
Dante Mahoney
The Victory Group
==========
Your case is a bit unique in that you are the only one who did not
get authorize to acquire shares in the fund. So while this trust
is not govern by the Offering Memorandum of the fund, it is grouped
in with the same business which is manage according to same
guidelines. So we use that to reference.
The LTP has funds which it has placed with the leveraged capital
provider. Those funds are committed by contract to the business
and cannot be taken back.
However, if you wish to pull funds out and withdraw from the
business, we will be happy to accommodate the best we can. we
would make every attempt to honor your request at the earliest
possible date.
Due to commitments made on behalf of the trust at your request, to
participate in the business of LTP, here is how it would work:
#1.. You make a formal written request (blue ink signed letter) to
trustee as agent that you don't see the trust accomplishing its
intended objectives and you suggest to liquidate the trust for the
benefit of certificate unit holders.
#2... Trustee will evaluate existing corpus of the trust and make
arrangements to be sure you get a complete return of paid in
capital with some profit if possible for the opportunity cost and
use of funds. This will involve negotiations with other parties
involved in the operation and is not yet determine. Include in
the final return of capital calculation are previous distribution.
#3... The pending escrow amount has not been authorize for
distribution yet and until that is, is not available.
#4... As soon as the funds can be available, they will refelct in
the Business trust account and be available for you to wire out as
you like. This might be 30 days - estimate. Maybe less.
#5... There would be no further participation in the LTP and the
trust would cease to exist as it holds no asset.
#6... If you wish to keep the trust active for other purposes, you
can. you would request to wire out an amount less than 100% and
keep maybe $3000 in the business trust USD account.
The net result would be the objective to get full return of capital
with some market rate of interest for the opportunity cost you have
incurred.
We are here to assist.
Please let us know your wishes.
Thanks
Angel Lorenzo
for the Trustee
____________________________________________________________________________________
No answers and no responses to my requests and questions. I only received the canned universal emails that were sent out as general updates to events that were supposed to happen any moment now but fizzled miserably as the target dates approached and eventually passed. These people gave any excuse to NOT refund my money.
Mr. Boswell and his corporate affiliates lack the appropriate licensing necessary to operate as investment brokers and as a fund in the capacity they claim they are operating. Maybe he didn’t understand that you have to apply for the appropriate licensing when he was establishing the corporate structure.
As I stipulated above, the SCS contract was loaded with egregious conditions and fees; that is why I refused to sign it. The LTP contract which I did initially sign has been changed via addendums sent to investors via email. As an investor, I never signed off on any of these addendums which completely transformed the original contract and of course not once holding Rudius or its’ affiliates accountable.
Below are links to the first documented changes to the LTP program which morphed several times and eventually phased out and was replaced with the SCS Agreement. Although this document is reminiscent of the marketing packet document and seems to change the program for new investors, in actuality these changes were FORCED upon current investors without consent. Management [Mr. Boswell] believe they have the right to do this per the legalese in the agreement. It can be argued that they do have durable rights as long as their decisions do not disrupt the intent of the program.
http://s471479563.onlinehome.us/Rudius/July%20New%20Rudius%20LTP2.pdf
This link is the document supporting the above link and suggesting that the program is off to a great start.
http://s471479563.onlinehome.us/Rudius/Confidential%20Report-Rudius.pdf
Liars and thieves will always try to use semantics to explain their deceitful actions. Mr. Boswell likes to maneuver in grey areas. He doesn’t understand that the rest of the world only accepts things in black and white; people eventually see through blurred lines.
Well Mr. Boswell, I hope I met your expectations with some of this additional content I provided here.
I was very clear as to my intentions when you failed to refund my money. This is what happens when you lie, distort the truth and outright commit fraud and theft by deception. You’re a lawyer? You remember what that means don’t you?
For almost three years I and others have been sold a bill of goods. You and your horde have changed your story more times than I care to remember. You have contradicted your own communications on numerous occasions. You misrepresented this program from the start to investors and eventually changed the entire program. You quantify keeping my money because I breached contract by posting this experience in public fiorums, although there is no clause in the agrement that I signed giving you the authority to do so. YOU have breached not only contracts but investor TRUST. All of this without any sense of accountability for your actions and lack of performance.
You nonchalantly attribute this entire painful journey as the cost and risk of doing business. You interject your Christian ideology into these communications to somehow appease us. How dare you bastardize religious beliefs to serve your corrupt nature and activities.
I know I will never see my money again but hopefully after this post, people will stop and think: If it’s too good to be true, don’t believe it! You know I could have put much more documentation and emails up here supporting my position further but that would be overkill. My point has been made. Readers and investors alike will easily determine the truth.
Maybe in the near future, you will create another alias besides Rex; get plastic surgery and do something else such as make an honest living next time… if anyone will hire you.
~D~ aka Very Pissed
#2 REBUTTAL Individual responds
Let's talk Credibility
AUTHOR: Mark B. - ()
SUBMITTED: Monday, July 14, 2014
Further to the post above:
Don Mahoney's real name is 'Dante' Mahoney. I have documents to prove it. So 'Don' is an alias? Yet he wants to make an issue of a pen name I used years ago in a different business environment?
In his 'Millionaire Makers Investment Advisory' blog, he makes similar accusations against me, and uses 'RipOffReport'.com' complaint as corroboration to reinforce his own accusations an give him credibility. But he doesn't tell anybody that 'He' was the one who wrote the report which he posted annonymously. So, in effect, he tries to use himself as a corroborating thrid party which is intentionally deceptive, self serving and self aggrandizing at my expense which begs the question: who is the victim here?
Here are some additional questions for Dante Mahoney to answer:
Has anyone ever told you that you cannot get your money back?
Is this the first time you've ever encountered delays or problems in business?
Don't crooks and thieves usually just take the money and run and never look back?
Have you ever had the door closed on you with your communications with the parties involved in the LTP?
Did you not just get a communication last week and again this week?
If the group makes an effort to regularly communicate with you in resolving the issues as quickly as possible, wouldn't most people take that as a sign of good faith?
And if Rudius Capital & Trust or any othr party involved in the business is trying to communicate with you in good faith, then why would you deliberately smear them in a public fashion like this?
Doesn't the primary document include a privacy clause for all parties mutual protection? If so, why would you violate that in such a way and put your private business all over the internet?
If you are an authorized signatory working on behalf of the trust, and you authorized/instructed the trust to engage in the LTP business you are complaining about, which you said you did the due diligence on and fully understood the lengthy, very detailed disclosure memorandum, which was replete with disclaimers, then why on earth would you be complaining about Rudius Capital & trust who did nothing more than provide the infrastructure for you to do the business you decided to do?
Challenge to Mr. Dante 'Don' Mahoney:
Present your private documentation to the folks at RipOff Report. Let them review it as arbiter. Put your money where your mouth is and let's get to the truth!
I will expect to hear from RipOffReport.com about your arbitration intentions and review of the documentation in the next 30 days.
In the absence of that, and with failure to do so, I will take your silence as acquiesence and acceptance of the facts stated herein in this rebuttal and the record will reflect your tacit retraction and full apology for the illegal slander and defamation you have willingly tried to pull off here.
Let the course of action in the next 30 days determine who has the credibility here.
Let the truth be known!
#1 UPDATE Employee ..inside information
Now for a dose of 'Reality' to Mr. Annonymous.
AUTHOR: Mark B. - ()
SUBMITTED: Monday, July 14, 2014
There is a maxim of law which states: 'without risk, there is no authority'. Anybody can say anything about anybody. If they don't have the courage to put their name and reputation 'at risk' and put them on the line to back up thier accusations, then what they say, 'has no authority' as in the present case.
My name is Mark Boswell, one of the 'accused' and one of the persons directly involved in helping Rudius Capital & Trust provide valuable services to private clients. The author has accused me of being a coward yet I am here and he is hiding behind his anonymity. Let's first clear the air and have some transparency here. The author is Dante Mahoney, author of 'Millionaire Maker Investment Advisory', The Victory Group, and The Victory Fund.
Now that we have that established, let's address the accusations one at a time:
#1..."Rudius Capital & Trust KB also known as Rudius Holdings Group marketed a series of investment services, one in particular called the Leveraged Trade Program or LTP"
Rebuttal: a) Rudius Capital & Trust KB is in the business of 'administering trusts'. It is not in the business of offering or marketing 'investments' of any kind. It's documentation includes disclaimers which are explicit in this regard. Mr. Don Mahoney has signed documentation accepting and agreeing to those facts. Therefore, his accusation represents a failure to understand what he has signed in the best case scenario, or is a deliberate attempt at misinformation in the worst case.
b) Rudius Capital & Trust KB is NOT aka Rudius Holdings Group. These are two separate legal entities which have specific and separate functions unto themselves and are domiciled in two different jurisdictions. It seems to be another example of Mr. Don Mahoney's failure to understand the details.
#2... "The LTP program promised a 100% return of principle within 60 banking days and an additional 1000% return within 12 months."
Rebuttal: (a) Documentation is very explicit, that through the use of leverage, the intended business of the LTP was to acheive certain 'target profits'. There is a huge difference between 'Promises' and 'Targets'.
(b) The initial goal was 12 months 'or as long as it took to acheive those results, thereafter'. In business you have to allow for the unexpected and this verbiage in the agreement Mr. Mahoney signed did exactly that. Again, Mr Don Mahoney is deficient in the details.
#3... "...the program failed to reimburse the initial investment principle within the 60 days.
Rebuttal: Mr. Don Mahoney fails to mention that he did receive approximately 50% of his initial capital back in an early distribution. This is documented.
#4..."Mark Boswell has gone by different aliases in the past."
Rebuttal: This comment is used to infer that some sort of shady activity was going on. In fact, I was a prolific writer sending newsletters out to my clients and to the public using multi-media, mostly online. For many years I used a 'pen name' in my writings and that is how many people came to know me. There is nothing nefarious there.
#5... "Rudius nor any of their subsidiaries ever disclosed that Mr. Boswell was actually running the LTP program."
Reubttal: The fact is there are many parties involved in the implentation and execution of the business that was being attempted. This is well documented. The accusation above is to say that Boswell was somehow 'the kingpin' of the entire operation and this couldn't be further from the truth. Many parties served different functions and played different roles. Again, this is well documented.
#6..." I could not get my investment back."
Rebuttal: As mentioned above, to date, Don Mahoney did get 50% of his investment back but fails to mention this as it doesn't serve his purposes.
#7.. "Rudius and their subsidiaries have breached contract so many times,"
Rebuttal: Rudius Capital & Trust KB is 100% compliant in it's agreements with Don Mahoney and all others. It has fullfilled its obligation to provide its services in every way. We challenge Don Mahoney to present ANY documentation showing that Rudius Capital & Trust KB has done otherwise. Again, Don Mahoney is reckless with details and speading misinformation.
#8..." Did I also mention that they charge a $400 monthly fee to maintain the trust account were your funds supposedly reside."
Rebuttal: Mr. Don Mahoney is apparently unaware that similar, but much more simple private trust arrangements have been eagerly bought in the marketplace for up to $10,000 each. And my question to Mr. Don Mahoney is: How much did you pay up front for a sophisticated trust arrangement and business management infrastructure which can be used for anyl legitimate business activity? zero! So let's please be honest and put things in the proper context Mr. Don Mahoney.
#9... "...loaded with fees including a $6K monthly account fee."
Rebuttal: Mr. Mahoney's documentation will show that this is absolutely incorrect.
#10... "...fictional characters in this whole charade."
Rebuttal: Mr. Don Mahoney is really reaching now to try and add substance to his false accusations. He has absolutely no basis for this statement and is entirely unable to provide any support or substance to this accusation.
#11... "These unscrupulous characters at Rudius and their various subsidiaries"
Rebuttal: Rudius Capital & Trust KB has NO subsidiaries. Another unfounded and undocumented accusation. However, Mr Don Mahoney did say that he did full NSA background checks, and checked on all the companies and everything checked out so he should know that. Why then would he say such a thing?
#12... Conclusion: Any conclusion to be drawn, must be based on the solid information from which any reasonable person could present a logical case based on the documented facts of the matter. Therefore, it is clear that the conclusion drawn by Mr. Don Mahoney is completely unfounded, without merit, and without authority.
Should such documentation be presented, I will be happy to address it likewise as I have here.
Let the truth be known
Mark Boswell
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