UNITED GOLDEN SUCCESS LTD GREGORY HALL, UNITED GOLD SUCCESS, SCHALK BOTHA, SEAN SCOTT SCAMMED - TWICE !!!! HONG KONG, KOWLOON, SINGAPORE N/A

United Gold Success Ltd's group Chairman Gregoiry Hall, about whom and his associates, I had reported as scam, has offered to make amends and return the money given to him.

I am, therefore, in good faith redacting, with recourse, my complaint against United Gold Success, Gregory Hall, Schalk Botha and Sean Scott.

Shri Doraiswamy

Executive vice-President

Cord Trading LLC

USA 

Mr Shri Doraiswamy, in his capacity as Executive Vice President of Cord Trading LLC entered into a legally binding contract with the Seller/Title Holder of the product for the supply of Gold Dore Bars over a 2-year period.

Mr Doraiswamy requested several changes/amendments to his contract to ultimately change it from a CIF contract to a FOB contract in Singapore. A payment guarantee was required to be provided by Mr Doraiswamy, as per our standard transaction procedures, which Mr Doraiswamy agreed to and accepted when he signed a legally binding contract.

Mr Doraiswamy selected to use the option to provide a MT799 Blocked Funds Payment Guarantee via swift. On two separate occasions, Mr Doraiswamy provided 2 fraudulent swift copies to us, which upon bank verification turned out to be falsified and not transmitted via the bank swift system.  

Mr Doraiswamy claimed that it was not his making and that he made use of an independent provider that scammed him and provided fraudulent swifts on his behalf.

At this point, Mr Doraiswamy was informed via official communication from our office that he is liable for penalty under the contract for his non-performance as a principal party “The Buyer” to the contract and that the Penalty Clause of the Sales and Purchase Contract will be enforced.

Mr Doraiswamy continued to express his intention to proceed with his contract and requested another option that he could utilize in order to transact with the Seller of Gold Dore Bars in Singapore. (The Penalty was then waived at this point and Mr Doraiswamy did not pay any penalties).

The option was made available to Mr Doraiswamy to pre-pay an Indemnity Fee direct to the bank (not paid to the Seller as he falsely claims in his report) in order for him to transact FOB at the Custodian Bank in Singapore (where the gold was held on deposit).

Mr Doraiswamy falsely claims: “I have lost over $350,000 to this bank of thieves.” This statement is incorrect as the actual wire transfers (documentary evidence) he made to the bank totals: USD$237,280.00

The Seller has taken it upon himself to refund Mr Doraiswamy these funds (USD$237,280.00). Our law firm is attending to this matter on behalf of United Golden Success.

Another update will be posted here once this matter has been finalized.