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Topic: Paul - Petrea - LivingInCebuForums.com  (Read 10961 times)

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Offline Mark

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RE: Looking for Paul Petrea In Cebu
« Reply #180 on: February 23, 2012, 09:22:40 AM »
Quote from: 'lamoya' pid='1097' dateline='1329987386'
Yeah right, it was heavily edited by the poster? No folks! It was massacred by the moderators. Let's see if they are gonna post this:

http://law.justia.com/cases/federal/appellate-courts/F2/898/147/69498/
(Look at item #10

And this one:

http://www.highbeam.com/doc/1P2-1178999.html


Let me say this slowly so that you will understand:

You need to learn how to R-E-A-D

You are simply repeating yourself in post after post which is quite unnecessary and very bad netiquette. Your post #159 was repeated as post #160 and its content almost entirely duplicated again today. I don't care what you do elsewhere but I do care how you behave on this site. Any further infractions will lead to your being banned from this site.


Offline wowwowee

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RE: Looking for Paul Petrea In Cebu
« Reply #181 on: February 23, 2012, 09:26:19 AM »
.Action is not in the agenda of this forum.The forum is managed by 2-3 of the hard core of the LIC moderators, they are still moderators there, all they do, is pretend dissociating temporarily their position "in the most gentle manner" because the prodigal son might "be back" soon and everything will be back to order.


first of all action isnt supposed to be in the agenda of this forum. That is up to the remaining investors to handle .
As to the rest of your comment about " hard core of the LiC moderators' etc  all you do by saying such prejudicial things is to lessen your own credibility.  If you really want to help people stop shooting yourself in the foot !! When you lose credibility you lose peoples respect, and with that goes their cooperation .

Offline Mark

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RE: Looking for Paul Petrea In Cebu
« Reply #182 on: February 23, 2012, 09:36:24 AM »
Quote from: 'lamoya' pid='1099' dateline='1329988728'
Both. The money and Paul in Jail. The spirit of the law is protect and serve. Put Paul in jail to protect other innocent victims not only their wallet but most important their lives, serve the victims to recover damages from prejudices they were victims. But I think all victims they find here is discourage and negativism each time the word 'lawsuit" is written. Victims, make no mistake.Action is not in the agenda of this forum.The forum is managed by 2-3 of the hard core of the LIC moderators, they are still moderators there, all they do, is pretend dissociating temporarily their position "in the most gentle manner" because the prodigal son might "be back" soon and everything will be back to order.

Oh really? Is this another of your assumptions spun into fact? In any event, you're completely wrong.

It is quite obvious you are not prepared to behave and prefer to act like a troll.

Good bye.

Offline The Stig

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RE: Looking for Paul Petrea In Cebu
« Reply #183 on: February 23, 2012, 09:46:17 AM »
Quote from: 'lamoya' pid='1099' dateline='1329988728'

Both. The money and Paul in Jail. The spirit of the law is protect and serve. Put Paul in jail to protect other innocent victims not only their wallet but most important their lives, serve the victims to recover damages from prejudices they were victims. But I think all victims they find here is discourage and negativism each time the word 'lawsuit" is written. Victims, make no mistake.Action is not in the agenda of this forum.The forum is managed by 2-3 of the hard core of the LIC moderators, they are still moderators there, all they do, is pretend dissociating temporarily their position "in the most gentle manner" because the prodigal son might "be back" soon and everything will be back to order.


I have kept pretty much out of the DISCUSSION as I am not personally involved with the loan business. That said, I repeat what I posted earlier, attacking people here is not going to further your case & making nonsense statements will just destroy your credibility. The comments in RED above are complete nonsense. There are only TWO Moderators here who are still in LinC. One only moderates his own forum there & the other has little activity here. Neither MANAGES anything here. As for the it not being on the agenda - well the forum was not set up with Paul on its agenda at all except as a place for those of us who did not want to associate ourselves with him & his cohorts any longer.

Seriously - you are putting your case over well & I know of one investor, who is not a member, who is watching this thread with interest. Don't blow the support you are getting by attacking the platform, that is giving you the opportunity to get facts & evidence out.
Some say his scrotum has its own small gravity field...

Offline Norseman

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RE: Looking for Paul Petrea In Cebu
« Reply #184 on: February 23, 2012, 12:44:04 PM »
Moalboring  I understand what you feel.  Today who cares who was in charge or who was the person that handled the money.  Today you have an ally in Julie.  Who cares if she blames everyone to include the Pope.  If she can help you retrieve your money that is what you want.  Revenge can help after you get what is owed you. (money).  Do not allow your anger and disgust of the situation cloud the fact you should be in contact with her and should be assisting her every effort to get you money from the 75 people that are still outstanding.  You can put on many faces and put on a smile when in the end you can get your money.  I say this because I have been angry before and blew my opportunity to recover what was owed.  You have a chance (maybe if what she says is true) to recover your money.  

The only action you should take at this point is to recover your money.  Get with the people that can make that happen. Americano sounds solid and has been in contact.  
« Last Edit: February 23, 2012, 12:46:21 PM by Norseman »

Offline Americano

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RE: Looking for Paul Petrea In Cebu
« Reply #185 on: February 23, 2012, 12:50:23 PM »
On the issue of investments, I'm completely neutral, I wasn't an investor and I had limited knowledge of the details, but at the same time I want to help anyone who has been taken advantage of. Therefore, I talked to Julie and posted her side of the story here so everyone here could form their own opinions.

Post #147 contains notes from our meetings. I just edited it because I forgot she said, "We were suppose to get the money with their ATM cards but that didn't work out."

Someone mentioned Shoe Factory Loans, I'm almost sure Julie said Expense Allowance loans where made at shoe factories.

Julie is very easy to talk to and she is available most days. If you are still an investor and want to know where your money is you should have a meeting with Julie. She can and will answer your questions.

Here is my personal opinion:  
The investment program worked as expected except for two problems.
1. The interest rate wasn't as high as expected. (I don't fully understand that because I don't have all of the details.)
2. Borrowers are not repaying their loans on time. (This is very common, especially when there is no enforcement.)

If the investors can wait a few more months, I believe you will be paid your investment plus interest. Julie is there four days per week and giving collection letters.

The only remaining suspicion I have is:
1. Was all invested money given to Paul turned over to Bill and Julie?
2. When Bill and Julie made pay outs through Paul, did all of the investors receive the money?

I still have these suspensions because I personally know someone who said he invested a small amount. And, he said he never received a pay out and I know his name is not one of the remaining seven investors. Is he lying or was something crooked done?




« Last Edit: February 23, 2012, 01:05:33 PM by Americano »

Offline Americano

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RE: Looking for Paul Petrea In Cebu
« Reply #186 on: February 24, 2012, 04:56:53 AM »
Below is a link that will give you some background information about Paul and his activities in the Philippines.
After you read the article, ask yourself, is this a man I would trust with my hard earned money?

http://vap-ripoff.org/Paul-Petrea-in-jail.html

Offline Moalboring

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RE: Looking for Paul Petrea In Cebu
« Reply #187 on: February 24, 2012, 05:49:40 AM »
Quote from: 'Norseman' pid='1117' dateline='1330001044'
Moalboring  I understand what you feel.  Today who cares who was in charge or who was the person that handled the money.  Today you have an ally in Julie.  Who cares if she blames everyone to include the Pope.  If she can help you retrieve your money that is what you want.  Revenge can help after you get what is owed you. (money).  Do not allow your anger and disgust of the situation cloud the fact you should be in contact with her and should be assisting her every effort to get you money from the 75 people that are still outstanding.  You can put on many faces and put on a smile when in the end you can get your money.  I say this because I have been angry before and blew my opportunity to recover what was owed.  You have a chance (maybe if what she says is true) to recover your money.  

The only action you should take at this point is to recover your money.  Get with the people that can make that happen. Americano sounds solid and has been in contact.  

Thank you Norseman, you are absolutely right. In fact I may have phrased my thoughts incorrectly. No doubt the "brains" (if this word could be ised at all) behind the scheme were Paul and Bill.
But without Julie they were unable to reach the borrowers.
Without Paul there were no investors around.
So in fact the mastermind was Bill and he used them both for what they could deliver in the business.
Question is: was all the money lent out or not? Was there any intention to get away with the money at the end and has that happen or not?
For that Julie should reveal the list of borrowers and they have to be checked.
I only raised concerns because what Julie told the other day was not factual in many points. And you know for Filipinos a number of weird things matter, such as saving face and all that, and I dont want to risk the remaining of my money for such stupid things.

Offline Mark

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RE: Looking for Paul Petrea In Cebu
« Reply #188 on: February 24, 2012, 06:34:19 AM »
Quote from: 'Moalboring' pid='1168' dateline='1330062580'
For that Julie should reveal the list of borrowers and they have to be checked.


It seems to me that of the two remaining partners in this venture, Julie alone is prepared to reveal the full details of what went on. Might I suggest that you contact Americano privately and arrange a meeting with Julie and allow her to explain the situation regarding your investment. But be gentle with her: you may have lost part or all of your investment but she has lost far more than that, her loved one. She might even be prepared to act as a witness in any legal proceedings that may be necessary - but she would probably only do that if she doesn't feel intimidated or threatened.




Offline Americano

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RE: Looking for Paul Petrea In Cebu
« Reply #189 on: February 24, 2012, 07:44:49 AM »
I agree with you Markham. Just send a Private Message to me and tell me which afternoon you can come to Carcar where Julie will be. Mon, Tues, Thur or Friday.

I don't believe Julie will list the borrowers names for public viewing, but maybe she would show them to investors in person.

« Last Edit: February 24, 2012, 07:49:38 AM by Americano »

Online singers

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RE: Looking for Paul Petrea In Cebu
« Reply #190 on: February 24, 2012, 09:10:53 AM »
Quote from: 'Markham' pid='193' dateline='1329029545'

I also found his reply to be in bad taste - passing any blame on to someone who was grieving the death of a loved one - it would have been much better had Paul offered to help out with such enquiries considering Bill was supposed to be his friend.


Thanks Mark,
I commented at the time that 2 + 2 gave an inviting return because of "uszszes"  implying "usury"  in my cryptic fashion.

:huh:

Tom


Offline Moalboring

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RE: Looking for Paul Petrea In Cebu
« Reply #191 on: February 25, 2012, 02:18:10 AM »
Quote from: 'Americano' pid='1119' dateline='1330001423'

Someone mentioned Shoe Factory Loans, I'm almost sure Julie said Expense Allowance loans where made at shoe factories.


I am certain that loans to the shoe factory/factories were not expense or salary loans to the employees but were to finance the company to buy materials.
This was said exactly by Bill.
Then when the milk turned sour he explained that the wholesalers have not paid the company and the shoe purchases for Sinulog (??) were lower than expected.
There was a debate also in LinC about this as Bill invested here before letting anyone know - while investors were aware of salary and expense loans only.
I think its much easier to go after a company and collect as there are assets etc. to acquire in case if the borrower is not ready to pay.

Offline wowwowee

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RE: Looking for Paul Petrea In Cebu
« Reply #192 on: February 25, 2012, 02:23:57 AM »
That is of course assuming that the shoe factory- or any other business- actually got any money at all !!  I dont want to speak ill of the dead but we already know that Bill was convicted of defrauding the people that he represented.   Did this  leopard come to the land of corruption and suddenly change his spots ?????????
Where is the owner or the shoe company to give the proof to this story of Bill's ?  My bet is that he doesnt actually even exist.

Sexpat Paul and con artist Bill - what a great team !  paul had already demonstrated to Bill his larcenous bent with the Legacy thing.   And of course julie was already in the shylock business [ as confirmed by herself ] and just melded these investor funds in with her own money [ as confirmed by herself ] .  

Offline MattWilkie

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RE: Looking for Paul Petrea In Cebu
« Reply #193 on: February 25, 2012, 02:53:48 AM »
Well if its shoe factory loans that swallowed the money Julie should have some form of accounts somewhere. No doubt not notorised by a local attorney or any other legally binding document but possible records of a money trail that existed.

Why anyone would lend to a shoe business is a bit bizarre as I know even the Mayor there has wound down his businesses in shoe operations due to being unable to compete with China (guy that owns the factory and the the Giant shoe of Carcar).

If this is the case chances of getting that money back are zero as no doubt any materials purchased if they ever were are likely to be long gone. BUT the collections Julie is still running may end up recouping the lost amount over time. Investors need to either get themselves organised into a group visit or a representative to try and get the money back. Its not going to be a quick fix for sure, but the amounts outstanding need to be quantified into what can be recovered and what is a complete loss. So that the left over kitty can give an idea of how long it will take to recover the monies. But no doubt this will only cover the 7 investors that were involved with Bill and Julie as it appears others weren't listed and this solely lies with Paul.
Tropicalpenpals.com "Your Friends In The Sun"

Offline Americano

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RE: Looking for Paul Petrea In Cebu
« Reply #194 on: February 25, 2012, 07:31:04 AM »
If an investor wants to meet with Julie and doesn't have her cell number I will give it to you if you send a private message to me. I believe an investor who is more knowledgeable than me should meet with her and ask her the hard questions and ask for proof of where the money went. This sounds more complicated than I thought it was. I wonder why Paul doesn't answer questions. What is he hiding besides himself?

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