Bill Majcher: Cozy with the Chinese Government and corrupt business leaders, and happy to help them defraud innocent Chinese people out of their life savings. Taking everything he learned as a money laundering cop in Canada to help autocrats and scammers. What a Canadian hero! 
Thanks to a tip from a concerned citizen, there is info suggesting Majcher was involved in a massive fraud scheme. #OSINT #Bellingcat #offshoreleaks
Now, thanks to @icijorg and the #PanamaPapers, we bring you Majcher's involvement with GNET Group PLC, which @MajcherBill was a director of, and defrauded a lot of working people out of their money through a Ponzi/Pyramid/fraud scheme. Keep reading...#CORRUPTION #offshoreleaks
Take a look at the linked article - GNET was involved in a massive case of securities fraud that left many Chinese investors broke. seekingalpha.com/instablog/4740…
GNET has been criticized as a fraud by many news sources, including Chinese newspaper Southern Weekly, as a Ponzi scheme wrapped in a pyramid scheme that dupes small, unsophisticated investors of their savings. I wonder what expert devised that plan? web.archive.org/web/2017032701…
Here is the scam: GNET was made up of a group of wealthy Chinese investors. In March 2015, 7 months after @MajcherBill joined the company, the co-founder, Michael (Jun) Zhu, bought up shares of a UK company called Gate Ventures, which traded on the UK AIM under GATE <-- Important
Who is Michael Zhu? He's a buddy of Bill Majcher and a big player in China. He and Majcher are still directors of Yorkshine Holdings LTD (webb-site.com/dbpub/officers…). Who knows what else these two are drumming up?
Gate Ventures (GV) had no business ties to GNET, but they traded by the name GATE, which some suspect was how they were able to dupe the Chinese GNET investors into thinking GNET was going public. GNET even held an investor day on March 28, 2015, the same month GV went public.
Gate Ventures was made up of 10 shareholders, each with 8.75% stake. 8/10 companies were owned by high net worth Chinese investors, who invested through carefully constructed BVI shell companies...
Reminds me of when Bill Majcher was talking about Jurisdiction=Freedom. That guy sure can advise a company on how to best commit fraud and not get caught! Listen to this podcast he did in Toronto
Back to the GNET scam - Between March - June 2015, Gate Ventures's stock surged 3050%, and Michael (Jun) Zhu increased his stake at GV to 17%.
At the end of June 2015, the company's regulator unexpectedly resigned, the stock was then delisted, the shareholders were trapped, and GNET investors were duped! Thanks Bill!
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