Issues with MKZ - CASE?

[FeiZai]

Anyway I see no need to censor kelly's face in the photos seeing as she had a major part to play in this. Bro with the photos, you're awesome.

 

[zeta_gundam]

Okay guys, I don't want this turning into a hate thread. This was meant to be a discussion thread as to what to do about the thing, and not about how to go about being the best detectives. It would be good to remove the photos.

From our dealings with Mike, all I can say is that the way he runs a business is a bad way. For us who have lost money, we can only learn a painful lesson and try to get our money back. For those thinking about going into (or already in) the industry, do see if you can draw any lessons from this incident.

 

[FeiZai]

I believe there are 2 sides to this now - people who want to let this go, and people who can't let this go.

Its not about this being a hate thread now - if we can't express our feelings here about the whole thing then there's no difference from sgc anymore.

I'd like to think this thread's kinda like a support group where victims of mike can discuss about whatever we want.

I don't wanna be the bad guy here, but I don't believe someone should be allowed to swindle the money of many others - including me - and who's still running about scott free with my money.

I'm gonna make my money worth it either way.

 

[Xenogade]

Somebody correct me if I'm wrong, but I think these kinda cases are kinda weak and useless, since the pic was made available online in the first place. And it's not like there's any defamation going on within the pic.

I've had a friend who once shopped the word Bitch onto a girl's photo, and they couldn't do anything to him (legally anyway)

On a side note.. you guys CSI skills damn power

nobody can sue you or take legal action against you if you posted the picture on the forum which is already on the internet plus there is no copyright or watsoever .

 

[zulufili]

so how,do we proceed with the small claims, or the police report? or just wait till we are paid off? i will not support all these personal attacks,but to each his own...i just wan my money back...

 

[psyko]

He mentioned that it was true that Mike is the process of filing for bankruptcy, and the victim's claim will be submitted to the bankruptcy claims. Hence it is likely that all the customers' names are inside the creditor's list.

I'm not familiar with bankruptcy and creditor's list.
Does this mean we will get our money back?

 

[cstoe83]

small claim seem like unable to deal with cases > 1 yr also.

creditor list probably is under bankruptcy he will need to pay certain % of his earning to those creditors to but chances are all the big fishes will get all the payment first, we small fries dunno will wait till when.

 

[ragnarok95]

I'm not familiar with bankruptcy and creditor's list.
Does this mean we will get our money back?

Not trying to be a wet blanket but...
Chances of getting back the money is very low.

 

[Strawhatpirate]

how come mega's post is gone?

did he delete it?

 

[dollob]

Hi guys,

New here. Registered just to get into this thread. A SGCollect member but that forum is hopeless. They closed the thread discussing this issue and the mods are terrible! Seems like this forum is the more helpful one.

I also suffered from this incident but its more emotional rather than financial. Like many here, have called Mike a friend for years and yet he pulled this stun on us. I want to have a chance to meet him face to face and hear what he has got to say. Saw earlier post that someone here successfully summon him to the small claim court. Just wondering if he/she willing to share the experience? Did you get to talk to Mike? What was his condition?

The daugthers birthday photo sure didn't help. Thinking if he is in such a financial difficulty and still got money to celebrate with a party!

Mike, if you are reading this, come out and face us! Stop hiding behind all those lies. Money will be transfered soon, items stuck in warehouse, give more time for return of money, ex employee messed up the order etc.

He has always acted like he is a man of principles. Now if he is half the man he acted to be, he would stand out and account for his actions. The worst part of all these is he showed no remorse. In his email to request for more time, bankuptcy one and earlier phone calls to explain why money is not transfered, none of those were spoken with the word "sorry".

Mike, sorry to say you are a mouse rather than a man. Hope your daughter doesn't grow up to look down on you. Or worse, grow up to be like dad.

That's all I have to say about this matter. Sincerely hope you people get you money back. All the best!

 

[zeta_gundam]

Not trying to be a wet blanket but...
Chances of getting back the money is very low.

And indeed it is.

I recently met Mike at the Small Claims Tribunal. I was surprised that he did turn up at the mediation session. The first thing he said to me was 'Hey, sorry for making you go through all the trouble.' All I was thinking of was 'Whatever, damage is done.'

What happened during our session with the registrar is a private thing. But all I can say is that he is unable to pay back any cash, and that he really has filed for bankruptcy. (I've seen the papers which he brought to the session.)

What we can do about the situation... Honestly, I'm pretty lost now. SCT can file an order against him. You have 6 years to enforce the order. (I'm not sure if enforcing the order would cost any money.) You can set a deadline and make him pay by the deadline. If he fails to pay up by the deadline, you can go to the Bailiffs Section, where they will seize his assets to return you the value he owes you.

BUT here's the tricky part. Mike has filed for bankruptcy. If he is declared a bankrupt by the government, all his assets will be monitored by the government. That includes his bank accounts. If he is declared a bankrupt, the court order from SCT will have no effect, due to all the red tape and legal issues. The Bailiffs will be unable to seize any of his property either. You'd then have to go to some other section to file your claim (again), and that department would weigh his assets and liability to deem if he can pay you back.

So ultimately, if we ever get our money back, it'll probably take a while. A really loooooooooong while. During our session, Mike kept saying that he's unable to pay and all. So yeah. I think that's the maximum amount of stuff I can talk about for our section, for it's a confidential meeting. Sorry about the ambiguity, but I don't want Mike to use this as some form of argument against us as well.

On a side note, I asked him directly what happened to our money, since if his 'supplier' can't get the stock the supplier would naturally refund him our deposit. He said that it's the way he runs business and the costs incurred and all. In my opinion, that's bull$hit. And also, that just means his way of doing business is real bad then.

 

[dollob]

Thank you to Zeta_gundam for his experience.

If all mike can say is " it's the way he runs business and the costs incurred and all" he is reall bull****ting. I don't trust a word from this man's mouth. He lied when he was doing normal business, he lied when he said he will be restart the business again soon, he lied when he told us the toys are on their way, just stuck in warehouse or messed up by his imaginary ex employee, he lied when he said the money will be returned soon. Truthfully, is there even a hint of truth in his words? He is just full of lies!

 

[FeiZai]

Zeta, what was the process which led to getting mike to the small claims tribunal?

 

[zeta_gundam]

Zeta, what was the process which led to getting mike to the small claims tribunal?

You file you claim and they will send out a letter to you and him.

 

[captain_ozora_tsubasa]

As it now stands, I have given up hope on getting my money back. I have a few hundred with Mike and it could have been put to better use.

Money aside, I would still like to see Mike come out to explain the things he did. He could have stopped cheating us loyal customers long time ago when things went wrong. Instead, he chose to go into further 'cheating' to cover up. If all these dishonesty is a crime, he should be punished by law even if he has no money to pay. Let's all hope something comes out of the police report.

Different people may have different opinion on recent photo posting of Mike and his family. I think we should leave his family alone (especially his daughter's photos). I am not too sure about Kelly, because I strongly believe that she knew about Mike's problem all along and might have a hand that led to the events that occured.

And indeed it is.

I recently met Mike at the Small Claims Tribunal. I was surprised that he did turn up at the mediation session. The first thing he said to me was 'Hey, sorry for making you go through all the trouble.' All I was thinking of was 'Whatever, damage is done.'

What happened during our session with the registrar is a private thing. But all I can say is that he is unable to pay back any cash, and that he really has filed for bankruptcy. (I've seen the papers which he brought to the session.)

What we can do about the situation... Honestly, I'm pretty lost now. SCT can file an order against him. You have 6 years to enforce the order. (I'm not sure if enforcing the order would cost any money.) You can set a deadline and make him pay by the deadline. If he fails to pay up by the deadline, you can go to the Bailiffs Section, where they will seize his assets to return you the value he owes you.

BUT here's the tricky part. Mike has filed for bankruptcy. If he is declared a bankrupt by the government, all his assets will be monitored by the government. That includes his bank accounts. If he is declared a bankrupt, the court order from SCT will have no effect, due to all the red tape and legal issues. The Bailiffs will be unable to seize any of his property either. You'd then have to go to some other section to file your claim (again), and that department would weigh his assets and liability to deem if he can pay you back.

So ultimately, if we ever get our money back, it'll probably take a while. A really loooooooooong while. During our session, Mike kept saying that he's unable to pay and all. So yeah. I think that's the maximum amount of stuff I can talk about for our section, for it's a confidential meeting. Sorry about the ambiguity, but I don't want Mike to use this as some form of argument against us as well.

On a side note, I asked him directly what happened to our money, since if his 'supplier' can't get the stock the supplier would naturally refund him our deposit. He said that it's the way he runs business and the costs incurred and all. In my opinion, that's bull$hit. And also, that just means his way of doing business is real bad then.

 

[ridhwan5]

A good friend of mine who took degree in business management informed me not to bother much with small claim tribunal as they only serve as mediator between yourself and the company you are claiming for, in this case Mike. There is nothing much SCT can do if the party in question have no money or filed for bankruptcy. As mentioned by zeta_gundam, it will be very hard to get our claims refunded once he is officially declared bankrupt as his assets will be monitored. The only route now is to wait and see. Even if he is enforced to refund us, he cant do it if he have no money at the moment. And about the way he runs business and all, its all about money management. How he roll his money, how he handle his profits and customers, and how he continue his business could have been done way better. Its a bad method of doing business, even if you have the biggest capital to begin with. It is not the costs incurred but how he handle the costs themselves. It only shows that he is not so financially-savvy. I only hope that we all learn from this. regards

 

[foursword]

Thanks For the update bro,

Looks like we can keep our finger cross and wait.
any updates with regards to the police ?

And indeed it is.

I recently met Mike at the Small Claims Tribunal. I was surprised that he did turn up at the mediation session. The first thing he said to me was 'Hey, sorry for making you go through all the trouble.' All I was thinking of was 'Whatever, damage is done.'

What happened during our session with the registrar is a private thing. But all I can say is that he is unable to pay back any cash, and that he really has filed for bankruptcy. (I've seen the papers which he brought to the session.)

What we can do about the situation... Honestly, I'm pretty lost now. SCT can file an order against him. You have 6 years to enforce the order. (I'm not sure if enforcing the order would cost any money.) You can set a deadline and make him pay by the deadline. If he fails to pay up by the deadline, you can go to the Bailiffs Section, where they will seize his assets to return you the value he owes you.

BUT here's the tricky part. Mike has filed for bankruptcy. If he is declared a bankrupt by the government, all his assets will be monitored by the government. That includes his bank accounts. If he is declared a bankrupt, the court order from SCT will have no effect, due to all the red tape and legal issues. The Bailiffs will be unable to seize any of his property either. You'd then have to go to some other section to file your claim (again), and that department would weigh his assets and liability to deem if he can pay you back.

So ultimately, if we ever get our money back, it'll probably take a while. A really loooooooooong while. During our session, Mike kept saying that he's unable to pay and all. So yeah. I think that's the maximum amount of stuff I can talk about for our section, for it's a confidential meeting. Sorry about the ambiguity, but I don't want Mike to use this as some form of argument against us as well.

On a side note, I asked him directly what happened to our money, since if his 'supplier' can't get the stock the supplier would naturally refund him our deposit. He said that it's the way he runs business and the costs incurred and all. In my opinion, that's bull$hit. And also, that just means his way of doing business is real bad then.

 

[gattack81]

no update yet from police

 

[delson_tan]

If the money's gone, can we sue him for cheating? I mean someone actually proved that his "hospitalisation" was fake right?

And his "supplier" being delayed, was just a delay tactic. The money was supposed to be used for purchases of collectibles, but it was misappropriated and he should be punished for Criminal Breach of Trust right?

In this way, at least there's suitable punishment for running away with all that money.

 

[dollob]

In terms of law, we shouldn't bring his being hospitalised as a factor when talking about his action of cheating others money. They are two different matters. Maybe he cheated because he needs money for his hospital fees (if indeed he was hospitalised) or maybe he said he was hospitalised to make us feel sorry for him and hope we just give up the money. God knows!