Juding USA Review: WCM777 Ponzi offshoot scheme?
Other than the mention of a “Liang Wang” as a Director of the company, there is no information on the Juding website indicating who owns or runs the business.
There a “company profile” section on the Juding website, however it is of little use and appears to be poorly translated from a non-English source, which I’ve reproduced below purely for comedic value:
Company Profile:
A person’s power is limited, a strength of the team is limited, but a world?
Director, Liang Wang said: generate force cohesion, solidarity Birth of Hope Cohesion public, whereas the open road of hope. Open up new markets blueprint pattern Primary goal.
Infrastructure network marketing platform that will bring world-class network platform world stage Combined with the latest e-commerce system.
A key to turn on the Ju Ding vast international network platform world flight Secondary objectives To build their own brand, the establishment of commodity network.
International trademark Ju Ding is no longer just a Trade Mark Pass it to the world Ultimate goal Comprehensive plan listing Wealth creation For themselves and make their own career.
Not only do your own boss can also do the leaders of the world Dream Trilogy Dream Trilogy money into the New World Create dreams Born with a dream, dreams into reality Now start planning your dream As she grew older, the more dreams bags stuffed full of more.
But no longer a distant dream Start dreams Small investment, huge rewards. No longer just a slogan.
Now you beside me in the bud FORTUNE wealth to the ideal life span to open the first step Realize their dreams.
Making money is to make a living Make more money is to better the lives of. But joined the international network giant tripod investment platform makes you start to enjoy life.
To catch the Ju Ding’s ride, fast forward to the successful enrichment Immediate action, do not let the opportunity slip away!
The Juding website offers two languages, Chinese and English, which, along with the Chinese text used in Juding’s logo, indicates that Juding operates primarily out of China. That said, a corporate address in the US state of California is provided on the Juding website.
The Juding website domain (“judingusa.com”) was registered on the 5th of August 2013, listing a “xuemei huang” as the domain owner. What Xuemei Huang’s relationship to Juding involves is not immediately clear.
I also wasn’t able to find any additional information on Juding’s named Director, Liang Wang.
What I did notice though is that the affiliate login source-code on the Juding website refers to WCM777:
WCM777 is an investment scheme run by Phil Xu Ming, offering affiliates a passive 100 day ROI on investments of up to $1999.
WCM777 also had an office in the US state of California, however last month the company advised affiliates it was “closing its USA operations“, citing a company policy to “abide by local laws.”
With WCM777 paying out existing affiliate investors with newly invested affiliate money, it thus fits the definition of a Ponzi scheme – which would put it in violation of US law.
Juding’s relationship to WCM777 is not immediately clear, however it could signal a quiet attempt to restart WCM777’s operations in the US under a different name.
Read on for a full review of the Juding MLM business opportunity.
The Juding Product Line
Juding’s “Product Introduction” page does not explicitly list any products, with the company only providing general information on a “wish list”, “future goal & market characteristics”, advertisement and “word which carries weight”.
The Juding Compensation Plan
The Juding compensation plan revolves around affiliates purchasing either VIP or Regular positions within the company.
Recruitment Commissions
Juding pay out recruitment commissions on the recruitment of new affiliates, paid out down a total of five levels of recruitment.
If a Juding affiliate recruits a new VIP affiliate ($2250.99), they are paid a $400 commission.
There is a residual component to this commission, paying out $100 down an additional four levels of recruitment (affiliates are paid when their downline recruit new VIP affiliates too).
Note that an affiliate must be a VIP member to be paid Juding’s recruitment commissions. If a regular affiliate recruits a new VIP affiliate, all generated recruitment commissions pass up to the first VIP affiliate in their upline.
Binary Commissions
Residual commissions in Juding are paid out via a binary compensation structure. A binary compensation structure places an affiliate at the top of two binary teams, left and right:
These teams start off with one position each (directly under the affiliate whose binary it is), and branch off into an additional two positions each. This process repeats itself down a theoretically infinite number of levels.
In Juding, each of these positions represents a recruited affiliate, with an affiliate’s joining fee generating group sales volume (GV) as follows:
- Vip affiliate – 2250 GV
- Regular affiliate – 650 GV
This Group Volume accumulates in each binary team as more and more affiliates are recruited, either via direct recruitment or the recruiting efforts of an affiliate’s up and downlines.
Each day the total volume generated by both binary teams is compared against each other and paired off using a 2000 GV ratio, meaning 2000 GV on the left team is matched with 2000 GV on the right team.
For each group of 2000 GV matched from both binary teams, a VIP affiliate is paid a $120 commission and a Regular affiliate is paid $24. Note that once GV generated in both binary teams can only used to qualify for binary commissions once.
Binary commissions in Juding are capped at $10,000 a day.
Matrix Commissions
A 2×13 matrix looks identical to a binary compensation structure (see above), however it is capped down a total of 13 levels.
In Juding’s matrix commissions, when an affiliate purchases a membership with the company they are given a position at the top of a new 2×13 matrix, within an existing larger company matrix.
As affiliates in the company purchase new VIP and Regular compensation plan positions, these matrix spots are filled left to right.
For each matrix position filled in a Juding affiliate’s 2×13 matrix, the company pays out $2. Note that this is a one-time commission per position filled and is not recurring.
Revenue-share Commissions
Juding guarantee each VIP affiliate membership will pay out a passive $20 a day for 200 days. This equates to a total ROI of $4000 on each $2250.99 VIP affiliate position purchased.
Regular affiliates earn $4.50 a day for 200 days, equating to a $900 ROI per $650 Regular affiliate position purchased.
Joining Juding
Affiliate membership to Juding is available at two price-points:
- VIP – $2250.99
- Regular – $650
Conclusion
Whereas Juding themselves aren’t prepared to disclose the nature of any relationship that exists between itself and WCM777, the company’s affiliate’s aren’t so coy.
In researching Juding, I came across many affiliates openly drawing comparisons between the two schemes:
With no products or services, as with WCM777, Juding operates as an affiliate-funded Ponzi scheme. Affiliate purchase “positions” in the compensation plan under the guise of either VIP or Regular affiliate membership, with the company guaranteeing to pay out a passive ROI over 200 days.
This ROI is naturally sourced from newly invested affiliate money.
The recruitment, matrix and binary commissions add a recruitment element to the scheme, making Juding a Ponzi / pyramid hybrid scheme.
Not only are affiliates paid a ROI from newly invested money, but they’re also paid to recruit new affiliate investors into the scheme.
Of note is Juding’s current banking arrangements, which appear to be with Bank of America (Acct: 325024502890):
Pay attention to that last line:
Funds are transferred to sponsor’s e-wallet to get you in.
Not only are Juding running an obvious Ponzi scheme, they’re also laundering money through their affiliates. You invest money with Juding, send them your ID and then they transfer the amount deposited to the affiliate who recruited you – who then uses the funds to “get you in” (read: buy you investment position(s) in the company).
How long Bank of America permit this activity to go on for I have no idea but with $2000+ deposits of affiliate money being shuffled throughout the company, it’s probably not going to be long before some regulatory triggers are activated.
That’s if the amounts Juding siphon off to China and who knows where else don’t trigger off an investigation first…
Update 6th May 2016 – Juding was run by LA resident Wenxing Huang.
Huang was arrested by FBI agents on May 5th and is now facing charges of wire fraud and money laundering.
Actually that’s the SAME THING Andy “Ad Surf Daily” Bowdoin did… Bank of America account direct deposit. And he’ll credit your eWallet account.
http://www.patrickpretty.com/2009/11/13/breaking-news-prosecution-seeks-more-than-65-8-million-from-andy-bowdoins-bank-accounts-asks-for-entry-of-default/
There’s now some mumbling about “zinc-air batteries” “graphene”, renewable energy, and ecological responsibility.
Address is a 3 story office building, hosting the local “Social Security” office at the bottom floor.
The English website is basically the Chinese website fed through a machine translator, resulting in Chinglish.
Here’s a page that’s ONLY linked on the Chinese site
http://www.judingusa.com/Privacy.html
Which yielded a Gmail address: infojd777@gmail.com
Which yielded August job listing:
http://ccyp.com/classifieds/3180/%E5%85%AC%E5%8F%B8%E5%BE%B5%E6%89%8D
Which doesn’t give more info, just “need to hire bilingual English/Chinese fluent person, male or female, preferably with speech giving experience, previous work experience preferred, please send resume to (email address).
Frankly, this looks like a fly-by-night operation where someone is ready to pull the disappearing act at a moment’s notice.
US affiliates are all over YouTube claiming “hundreds” of people are buying “ten or twenty” $2000 positions a pop.
Everyone wants to get in at the top of the next Chinese Ponzi.
Found two more links for you:
http://prezi.com/user/kscfgnqzyxdl/
He was building these Juding presentations in Prezi
And here’s another guy doing the same:
http://prezi.com/ykho3qfdyycn/untitled-prezi/
The first guy seem to be at it longer, may even be among the top guys in the game.
First “Jason Lee” link dates back to early-mid September, that’s definitely the earliest I’ve seen thus far. Well before WCM777 “closed” in the US.
The numbers are all over the chart. One of the Prezi presentations says VIP is $2200, with special intro offer of $1900, generates 2000 PV with 6 ways to earn. The regular member costs $600, with only 2 ways to earn, and has annual fee of $50. No mention of PV (presumably $600?) The referral bonus is 20% of PV, then 5% of PV for next 4 levels.
Is this an early version of the comp plan? Hmmm?
I ignored the “limited time” $1900 level and went with the actual $2200 figure, plus $50 admin fee is $2250 and 2250 PV.
From this figure I surmised the $600 Regular affiliate level was 650 PV ($600 + $50 fee).
The comp plan I used to write the review was uploaded to YouTube mid October, so one would assume it’s more current than any September uploads.
Our buddy Xu Ming mentions his “Battery Venture” and “Global Wind System”
http://www.finroad.com/directory/xu_ming.html
Kind of falls in line with where this looks like it’s going..
and let’s take a look at the screen capture with the address and bank account information. 227 W. Valley Blvd, San Gabriel, CA.
A few interesting things pop up there..
“Manna Management” is located in that building, Suite 308. (Sure sounds like Xu Ming)
“Taiji Consulting” lists it’s address as being in Suite 208B.
“Xing Wang Group” lists it’s address as being in Suite 2088.
time for some more digging I guess..
Bizapedia finds 2 companies at this address..
http://www.bizapedia.com/addresses/227-W-VALLEY-BLVD-STE-208B-SAN-GABRIEL-CA-91776.html
Shin International jumps to a residential address in Walnut CA, with two companies listed there.
Shin International LLC and LL US Investment, Inc.
Our owner/Registered agent:
Linda Ying Liu (Similar to Tiger Liu?)
Liu is a VERY popular surname in China, like Chen, Zhang, and Lee. I don’t see a connection.
Taiji is also spelled Tai-Chi, pretty common name. 🙂
Xing Wang… same thing. It means “prosper”
Oh, and Wang Liang is a very popular name that’s almost impossible to research without any further concrete background detail.
True – but to find the road, you have to look for the signs. Depending on how my work load is this week I will keep digging and see what I can find. The hunt is half the fun..
Also – with the WCM references in the site (that have since been removed) and Tiger pulling away from his involvement with WCM (linkedin.com/pub/tiger-zhi-liu/4/611/592 – Note the removal of World Capital Market from his resume), I’m chasing the theory he has a deeper involvement than his partner (Ming Xu) and is feeling the heat and trying to get some distance.
The heat really started with his and your reviews, and it’s obvious they are looking here 😉
guys are ponzi schemes but until they stop them or blokkano passing of time, and always the same leaders in the various nations will fill their pockets with money.
For example wmc77 continues to pay even if they stop in america, you are organizing events around the world, the end is true that they are irregular activities by law, but change the lives of thousands of people that did not vedevono a penny, or immediately stop these things or no one ever going to stop.
I always sprouting new ones, to end the temptation to get into it is automatic for those who have economic difficulties.
How charmingly manipulative of you. Must be wonderful to go to bed every night knowing you consciously rip off those with economic difficulties with promises of false riches day in and day out.
So surrender to evil because it may benefit a tiny majority who *may* be innocent?
How convenient for you. Their benefit is built on other’s people’s blood and tears. The fruit is unclean.
Any guess how long before WCM777 will start freezing cash withdraws?
When WCM777 new investment money is dwarfed by withdrawals.
let’s see when they will spoted and stop it…!
guys, I ‘m not a leader, nor one who has the courage to risk their own money in these ponzi so risky, they are too tied to the fear of loss, but I know a lot of leaders who earn thousands of dollars a month and is doing 5-6 ponzi together with the huge networks, who does not work in these scams are likely to see the opportunities and eventually falls for it in full.
the religious discourses count only for believers, because the (Ozedit: if you want to rant about the stock market, casinos and the US government do it elsewhere).
They have removed WCM777 from the source-code and changed it to 巨鼎 already.
Oops… be careful Xu Ming!!!
Quit advertising the fantasy.
Why, thanks for the honesty. They are the judas goats leading the sheeple to be fleeced. The question is basically, do you join the goats, the sheeple, or avoiding both?
WCM777 is in the World Journal 2014 yellow page. They have whole page commercial at the first couple pages.
As if ANYONE actually reads yellow pages nowadays…
And what exactly is the “World Journal 2014”
The address at 227 W Valley Blvd Ste 208B, San Gabriel, CA 91776 is a P.O. BOX. Their official office is in Imperial Hwy in the city of Brea, CA on top of the Social Security Admin building. It is all legit. I’ve personally seen both.
World Journal,aka “Chinese Daily news” is a real Chinese newspaper in the US. I do read it every day. They do publish “yellow pages” (i.e. Chinese Yellow Pages) yearly for some ad revenue.
http://en.wikipedia.org/wiki/World_Journal
(Ozedit: see https://behindmlm.com/companies/massachusetts-sec-halts-wcm777-blgm-closed )
Hey guys,
this is something I found from doing some research on Liang Wang of San Gabriel:
http://www.fbi.gov/saltlakecity/press-releases/2013/liang-wang-and-ke-xu-sentenced-in-u.s.-district-court
Let me know what you think.
but is the same liang wang owner of juding, we’re sure?
Is this company even around anymore or did they already shut the doors and take the money and run?
@Tony
Website is still up but I don’t think Juding had the success that Ming Xu and his buddies thought it would.
Hey..I just got pitched this ..my AML background gave the person some food thought..
Also aa I pointed out new money was being distributed in the affiliate network to “cash” out.. money laundering 101
Hello everyone- Is anyone in the middle of a lawsuit with this company? If so, please provide insight. I need help to build a case. If you have been victimized by Juding in any way, please let me know as soon as possible so I can present it to my lawyer.
I have set up an email where all those who have qualms with the company can let me know. ANY information would be greatly appreciated. judingvictims@gmail.com
Don’t send personal info just to just any one.
Need to post the name of the lawyer so he can be contacted directly.
juding usa is up and running in Houston, San Antonio,and austin,Texas, big time! and are targeting the hispanic migrant population… who pretty much are clueless.
I know a Mexican man who just gave this company 27k cash.
We need undercover investigation ASAP!!!
i been doing business with this company and never have any problem, they pay, so far nothing wrong..
All Ponzi schemes pay until they run out of new money.
Who said Juding is good, that person must lie with them.
I request the check on 1/24/2014. i never see my check each time i call, they lie to me that the check is in the mail that was last May 2014.
The last 2 weeks I couldn’t call them any more no one answer the phone. Juding is the bigger scheme in the USA. Juding should going to jail. Anyone out there know what to do next?
Given that this was a WCM777 reload scam that never took off, regulatory action is unlikely. It’s just too small.
As for what to do next, probably best to start by asking yourself why you ignored the warning signs and invested in the first place.
Find the office in your localilty that handles financial fraud complaints, and file a report.
anyone tried to contact the office? i’ve been calling daily and no one is picking up the phone. email takes about 2 weeks to respond. very short response.
have several withdraws since feb 1st. no checks yet. last response was process withdraws up to jan 28th and will continue processing the first week of September. that was 2 months ago.
also scammed same as the person above, no one picking up the phone 5 withdraws and no sign of a check, signed up through my best friends nephew, feel like a complete idiot, trying to build a case against them ???
i can be contacted at (Ozedit: email removed)
Sounds like it’s collapsed. I’m not aware of any action being taken against Juding so there’s probably little to no chance of recovery.
This is what happens when you invest in offshore Ponzi schemes.
we’re going to their office today. I hope everyone will unite to take action so we could recover our money.
Dennis
Please post back and let us know what happened, although i tend to agree with Oz that they have flown.
I personally have no experience with ponzi schemes and was tricked into this charade though the up-line guy, has anyone been paid out anything from this “company” ?
I hope everyone unite and find a good lawyer. Have anyone file complaints against Juding yet?
Complaints to who? I have been advised to gather as many investors together, then hire a lawyer and also file a police report.
The more people we gather the better chance we would have. I will leave my email address for contact or through Oz.
It’s time for action!!
ftroilaXyahoo.com (Ozedit: replace X with @)
Get contact info for as many investors as possible. Ask all of them individually to file reports with the BBB, anti-fraud agency or police office where they live Try to piece together what happened, who sold you, who took your money, where they live, banks, accounts everything.
Basically build the case for the authorities. Make it significant and understandable enough in their eyes that they take up your cause.
If that happens it will be less expensive for you and your group. You may not even need an attorney if the State gets involved and you should not hire one, unless and until you REALLY know why you need one.
Oh, and the fact that you lost money is not proof that you need an attorney. They will take your money even if there isn’t the least likelihood they can help you.
THIS is another Ponzi scheme run in Las Vegas by Gary Davis!! He such a scam artist and his wife.
You all need to call metro police in Las Vegas. Gary Davis is well known in the ponzi schemes and Multi Level scams.
Yes, I am agree with YOSSER the more investors joint together the better chance we are.
I’m be happy to pay attorney if he or she can help recover my money. If we do nothing you and I already know that Juding never going to pay our money back.
I want to know who’s going to take our case?
Any new updates? Anyone able to contact the office or able to see anyone at the office?
As for myself, No response to any emails and haven’t been able to reach them by phone.
I have filed my complaint against ju ding with the BBB,it,s a very simple process, they have replied back telling me that they will be contacting ju ding,they have also advised me to file with the California Att general and the (DBO) dept of business oversight.
They have also advised me to gather together as many other members in the same situation to help build a case. My contact info is at #53 if you are serious about trying to recoup your funds .
I just filed a complaint with the BBB locally.
BBB of San Diego (San Diego, CA) 4747 Viewridge Ave Suite 200 San Diego, CA 92123 Phone: (858)496-2131 Fax: (858)496-2141 Email: (Ozedit: email removed) Web: http://www.sandiego.bbb.org
It was very easy step by step.
Just called :CTBC Bank gave them the info below
Was told that the Account has been closed since August. Meaning that the Office is been empty for awhile. phone system being picked up by a computer.
At Dennis Post#50 Was anyone at the office?
lost all my money.
The Judingusa.com website and login has been taken down:
I guess that they stole all our money!!!!
what to do next? anyone have any advice on what to do?
judingusa.com is registered to:
Which is obviously a fake address and I wouldn’t mind betting the registrant name is faked as well
The website was hosted in Korea:
210.124.118.19 is from Korea, Republic of(KR) in region Southern and Eastern Asia
It’s hard to see anyone finding the fraudsters, much less recovering any money
so who got scammed out of their hard earned money….
check out this Vimeo video out…it’s Juding James on line He’s the Manager of Customer Service at Juding’s office:
player.vimeo.com/video/94567962
It’s both in Spanish and english. James from Juding explaining the Ponzi scheme to people in Peru. assuring they will get paid and they will not shut down…lol it’s 30 minutes long
Why not have this reported to CBS 2 for all the scammers and their recruiters to be caught.
Do contact me if you need another person who hasn’t seen a penny since my great “investment”.
I’m also got scammed by Juding company too. I got recruit in February 21st 2014 and I had request 3 times to get my check up to this time, I didn’t receive a penny.
I live in Washington state so if anyone want to join me please contact me. I love to join whoever that can bring them down. They need to stop.
Contact your local authorities. Contact your upline.
How did u pay to join Juding? If u pay an upline u may ask for refund or partial refund. If u send money to Juding then u are like me. File a complaint that all we can do.
They left town already. Back to china.
@martha and Dannis how could i contact you?
Desperado, thank you for reaching out to me. You can contact me through d-morton@live.com
Let me know if contact is made so I can remove the email address.
My upline asked to wired the money to him in CA to Bank of America. Should I ask for refund back from him. His name is Robert Agurara, an Filipino guy.
Unfortunately that is an extremely common practice at the end of many HYIP ponzi frauds.
Early joiners attempt to cover the losses they know are coming by encouraging their downlines to bypass the system and deal direct.
This raises several problems for those attempting to reclaim their money:
* they usually don’t have any records of the transaction, other than the receipt for the money transfer. It is not uncommon for the recipient to deny the money was intended for onforwarding to an (illegal) HYIP ponzi / pyramid.
* The costs involved in instituting a civil recovery action can be higher than the amount involved
* Non bank wire transfers are notoriously hard to track and are non refundable
I’m not discouraging you from approaching your “upline” but, be aware, it is an extremely difficult process
To be fair…some people (like myself) didn’t know it’s coming till it’s too late. all the people that i know came in day 1. some got checks some traded points. but most wrote checks to Judingusa.
you should contact your upline immediately for recovery. People in my group new of the consequences as a business decision. They even said..to make money require guts. and if it collapse it collapse no remorse. so some made it some didn’t.
If you don’t have proof that the money is specifically for Juding he’ll claim it’s a GIFT from you and you are F***ed.
My upline is already in our country..i learned that they dont have papers to work here in the US..can I sue him also?
I got money from juding last april 28,2014.. I copied the check… I got a USB from them..
Hello, everybody I spoke with a girl name Elizabeth in two occasions. She told me the same story I head in the above video.
I suggest that we file with the better business bureau, Anti-fraud Agency.
In April I made a request of $10,000, they turned around and told me that only $4,000 per month, after they had the bank issue. I need help, my email address is: (Ozedit: email address removed).
I GUESS WE SHALL ALSO START BOYCOTTING CHINESE FOOD TO GET BACK AT THEM.
I found this site: CCA- Consumer complaint Agency.
Can we file the complaint thru them? Need answers..Does anybody has an Update yet about Juding? Thanks
Don’t like your chances. The money’s in Hong Kong or some other offshore location.
Unless a regulator gets involved and pursues the money, it’s long gone.
Can we go after the person that register the business and open the bank accounts? To open the accounts we need names and ID…driver license, social security number, address…etc etc. Someone must recognize James in the video.
i wil join anyone and eveybody to fight back and i know more that will join also let do it e mail me
has anyone got contacted by the company or has has anyone contacted an attorney?
Anyone with any new updates?
I know everything about this company, include background and detail. I also know process of this fraud.
mimi…can you explain more? were you the workers there? where are they? and where is our money?
I am not working there, but I know all detail.
The owner live in OC. spent your money brouhgt Rolls-Royce, expensive watch such as cartier, AP and so on.
If you want to sue the company I have evidence. Also you may get more people who want to do the same thing. Let me know if you need help. (Ozedit: email removed)
Why not just publish the evidence here for all to see?
or as Oz says:
I believe this individual might just be trolling for victim information. They’ve again attempted to publish an email address asking people to contact them.
exactly. especially a site address with a global rank of 58.
lol. I totally read that wrong and took it s 58 from the bottom. holy crap I need a break.
The same individual just attempted to publish this:
Confirmed, victim information trolling.
@mimi…..is this person that u say live in O.C. first name is Man or Meng? Something like that?
No, not them. Another guy. He is living in OC.
I don’t need u give me your personal information such as your name email add or telephone, I just want to help you and then exposure fact.
The owner at the back office who is not the person that you saw.
Is there a group which I can join to file or do any action to try and recover our money?
Ive heard that a big investor with an office in west hills is planning to file a class action case. How could we join him? Any one with his contact number?
This guy with a Rolls-Royce maybe laughing at us doing nothing…
How could a guy like him scammed so many people in this country and get away with it?
I need MIMI’s contact can anyone email it to me please….
We don’t share contact details here.
Mimi was too eager to come in contact with victims, compared to her (lack of) willingness to share information openly. That’s not a good sign.
There are many victim trolling ops, either for a reload scam, or for direct “loss recovery” scam.
Beware of people who “offer to help”.
You will find a company Juding Inc. in Yellow Pages.
The company doesn’t really seem to exist, other than in marketing material.
That address is also UNETENET California office. Interesting, heh?
NOLINK://www.facebook.com/pages/UNETENET-Cambodia/550143168394508?sk=info&tab=overview
Prior UNETENET review here:
behindmlm.com/companies/unetenet-review-franchise-investment-scheme/
hey guys…just look at the website reg page. It was registered at the same physical location as Manna Holdings, an investment subsidiary of wcm.
The email address is reg to dr phil. Wcm and juding and vizinova, all the same.
They changed the reg to Korea to eliminate the connection to WCM. the Sec has yet to connect the two but it will only be a matter of time.
The history of the domain can be found online with some digging. The email used was an email that was used by Dr Phil.
one other connecting piece is the request by the receiver company to freeze assets of Su E Wang, Juinjin Wang, who is related to Liang Wang, or possible the same person.
I have not figured this out yet. But it is not to freeze assets of Juding, it is to freeze assets that were connected to WCM.
you can find here: worldcapitalmarketreceivership.com/downloads/SECvWCM/2015-03-30%20010-2%20FatesDeclisoExParte.pdf
Desperate for updates… Is there a class action to join..
is there a update on juding usa i would like to know
No updated on my end. Scammers ran off with your money – same old Ponzi story.
According to the Orange County (CA) Register: “The owner of a Brea investment company is facing federal fraud charges after authorities allege he used a Ponzi Scheme to bilk investors out of nearly seven million dollars.”
ocregister.com/articles/huang-714910-million-investors.html
Thanks for the heads up!
My pleasure, Oz.
Thanks for the update, is there any chance that we can recover our money back?
You’d have to get in contact with the WCM777 Receivership for an answer to that.
why contact wcm777 when it’s Juding? Juding doesn’t have a receivership? what happens if you are not part of wcm777 only Juding?
TIA.
Ah, my bad. As far as I know if you invested funds in Juding it’s a loss. Haven’t seen anything about a Receivership set up.