Eastern Land Capital Partners Limited (ELCP) were introduced to us through two investment brokers :Mbuso Capital(South Africa) and NISK Capital Advisors (Kenya). Our first call was held with George Fung who described himself as the project manager. After the investment "screening" we were invited to meet the Vice Chairman of the company - Mr SK Lin - in Mauritius. We met Mr Lin who said he was connected with the Chinese government and were interested in multiple real estate projects in Kenya. They said they would send someone from HK to do due diligence.
A guy named Scott Liu was sent from a company called Megalink. We were told that we would have to share the cost of the Due Diligence. Scott did not even perform perfunctory DD, basically taking a few pictures of the plots where the projects would be developed and did not ask a single question. Following the DD we were sent an invoice for $25,000 and the payment to be made was not in the name of Megalink but to a bank account in the name of an individual named Wu Wei.
Further we were asked to write in the payment reference that this was a bonus payment. This was the biggest red flag.
As this was being "processed", we received the funding agreement which was a clear indication that this enterprise was a huge scam. The jurisdiction of the funding was changed from Mauritius to Las Vegas and subsequent discussions it became clear that these guys are scammers. There address in Hong Kong is a popular building and the address of a European bank (which does not offer any trust/admin services), their phone number was never answered and they refused to take meetings in HK at their "office".
The scam is very simple. They promise you huge investments - on the order of $50 to $100m and make you sure you contribute a "small" amount say $2-5m. Then they ask you for a "small" DD fee - around $25-50K. Once you make that pmt they will keep changing goal posts to frustrate you. They know the amount is too small for someone who has at least single digit millions and will not bother chasing them. Thus they collect $25-50K from multiple entrepreneurs.
We had given a heads up to the advisors who are supposed to the brokers in between and carry DD on the investor, but greed got the better of them and neither of the advisors performed even basic DD - not even a call to see if they had a legitimate phone number. The guy who posed as the the vice chairman (SK Lin) is the same guy who posed as BJ Lee in the Grand Pacific Investments scam. Same fellows running the scam around the world under different names and spoiling the name of Chinese investors.
Attention: Imran Khan, Salim Manji and Tehmeena Manji
Attention: Imran Khan, Salim Manji and Tehmeena Manji
AUTHOR: Daniel Leung - (Hong Kong)
SUBMITTED: Saturday, January 20, 2018
PRIVATE AND CONFIDENTIAL
************************
January 29, 2018
Dear Imran Khan, Salim Manji and Tehmeena Manji,
The undersigned is the in-house legal counsel of Eastern Land Capital Partners Limited. We have traced back your IP address when you posted the above posting, and in fact you are not based in Tallahassee, Florida, USA and you do not even have the courage to tell the general public your real personal name and real company name.
1) We have reviewed your project file with Eastern Land, please note that you have NEVER signed any closing agreement with Eastern Land and you have NEVER pay any fee to the site inspection company AT ALL (not a penny). Your project with Eastern land is DEAD, period.
2) In regards to your statement that you can pursue this case thru criminal proceeding, we are of the opinion that the onus of the legal arguments is for the claimants (i.e. the three of you) to prove your case based on prima facie evidences only and NOT based on your assumption. For example, in a criminal prosecution, the prosecution has the burden of presenting prima facie evidence of each element of the crime charged. In a murder case, this would include evidence that the defendant's act caused the victim's death, and evidence that the defendant acted with malice aforethought. If the prosecution were to fail to introduce such evidence, then its case would fail on grounds of "failure to make out a prima facie case," even without rebuttal by the defendant. This evidence need not be conclusive or irrefutable, and evidence rebutting the case may not be considered. Furthermore we are of the opinion that your above posting had already conveyed messages of libel and defamation against Eastern Land, we reserve our full and unconditional legal rights to pursue legal proceedings against the three of you as one group!!
3) In regards to your statement that you can pursue this case to the relevant Chinese Embassies or Chinese Consulates in any oversea countries for judgment or investigation etc, we are of the opinion that the function of any oversea diplomatic mission of any countries’ government is to represent the relevant countries’ interest in another country under mutual diplomatic relationship between two countries and that they are not functioning as an entity to provide judgment or investigation.
This legal opinion is issued and posted here based on our full legal review of all the files and facts (either orally or in writing) as provided to us as of this date, with references to the relevant laws and regulations as stipulated in Hong Kong, China, Taiwan and the United Kingdom.
Eastern Land Capital Partners Limited Reviews
Eastern Land Capital Partners Limited (ELCP) were introduced to us through two investment brokers :Mbuso Capital(South Africa) and NISK Capital Advisors (Kenya). Our first call was held with George Fung who described himself as the project manager. After the investment "screening" we were invited to meet the Vice Chairman of the company - Mr SK Lin - in Mauritius. We met Mr Lin who said he was connected with the Chinese government and were interested in multiple real estate projects in Kenya. They said they would send someone from HK to do due diligence.
A guy named Scott Liu was sent from a company called Megalink. We were told that we would have to share the cost of the Due Diligence. Scott did not even perform perfunctory DD, basically taking a few pictures of the plots where the projects would be developed and did not ask a single question. Following the DD we were sent an invoice for $25,000 and the payment to be made was not in the name of Megalink but to a bank account in the name of an individual named Wu Wei.
Further we were asked to write in the payment reference that this was a bonus payment. This was the biggest red flag.
As this was being "processed", we received the funding agreement which was a clear indication that this enterprise was a huge scam. The jurisdiction of the funding was changed from Mauritius to Las Vegas and subsequent discussions it became clear that these guys are scammers. There address in Hong Kong is a popular building and the address of a European bank (which does not offer any trust/admin services), their phone number was never answered and they refused to take meetings in HK at their "office".
The scam is very simple. They promise you huge investments - on the order of $50 to $100m and make you sure you contribute a "small" amount say $2-5m. Then they ask you for a "small" DD fee - around $25-50K. Once you make that pmt they will keep changing goal posts to frustrate you. They know the amount is too small for someone who has at least single digit millions and will not bother chasing them. Thus they collect $25-50K from multiple entrepreneurs.
We had given a heads up to the advisors who are supposed to the brokers in between and carry DD on the investor, but greed got the better of them and neither of the advisors performed even basic DD - not even a call to see if they had a legitimate phone number. The guy who posed as the the vice chairman (SK Lin) is the same guy who posed as BJ Lee in the Grand Pacific Investments scam. Same fellows running the scam around the world under different names and spoiling the name of Chinese investors.
Attention: Imran Khan, Salim Manji and Tehmeena Manji
Attention: Imran Khan, Salim Manji and Tehmeena Manji
AUTHOR: Daniel Leung - (Hong Kong)
SUBMITTED: Saturday, January 20, 2018
PRIVATE AND CONFIDENTIAL
************************
January 29, 2018
Dear Imran Khan, Salim Manji and Tehmeena Manji,
The undersigned is the in-house legal counsel of Eastern Land Capital Partners Limited. We have traced back your IP address when you posted the above posting, and in fact you are not based in Tallahassee, Florida, USA and you do not even have the courage to tell the general public your real personal name and real company name.
1) We have reviewed your project file with Eastern Land, please note that you have NEVER signed any closing agreement with Eastern Land and you have NEVER pay any fee to the site inspection company AT ALL (not a penny). Your project with Eastern land is DEAD, period.
2) In regards to your statement that you can pursue this case thru criminal proceeding, we are of the opinion that the onus of the legal arguments is for the claimants (i.e. the three of you) to prove your case based on prima facie evidences only and NOT based on your assumption. For example, in a criminal prosecution, the prosecution has the burden of presenting prima facie evidence of each element of the crime charged. In a murder case, this would include evidence that the defendant's act caused the victim's death, and evidence that the defendant acted with malice aforethought. If the prosecution were to fail to introduce such evidence, then its case would fail on grounds of "failure to make out a prima facie case," even without rebuttal by the defendant. This evidence need not be conclusive or irrefutable, and evidence rebutting the case may not be considered. Furthermore we are of the opinion that your above posting had already conveyed messages of libel and defamation against Eastern Land, we reserve our full and unconditional legal rights to pursue legal proceedings against the three of you as one group!!
3) In regards to your statement that you can pursue this case to the relevant Chinese Embassies or Chinese Consulates in any oversea countries for judgment or investigation etc, we are of the opinion that the function of any oversea diplomatic mission of any countries’ government is to represent the relevant countries’ interest in another country under mutual diplomatic relationship between two countries and that they are not functioning as an entity to provide judgment or investigation.
This legal opinion is issued and posted here based on our full legal review of all the files and facts (either orally or in writing) as provided to us as of this date, with references to the relevant laws and regulations as stipulated in Hong Kong, China, Taiwan and the United Kingdom.
Faithfully Yours,
Daniel Leung
Legal Counsel
E-mail: [email protected]
Tel: 852-8120-8489