I can't speak for anyone but myself, however, I'll take this question.
You non-investors seem so sure of yourselves and trying so hard to convince people here. What is it that you have at stake here for your constant persuasiveness? Give me and all the actual investors here a statement from the court or police supporting any of the statements/accusations made by the newspapers against Exential and I am sure all Exential supporters will stop. Until then, leave all the supporters alone to live peacefully with hope.
First, allow me to quote from another active Ponzi thread:
@Pharaoh I am so relieved I took your advice back in Nov (page 2 of this thread) and decided not to 'invest' in this fund saving myself a lot of stress and anxiety. I do hope things work out positively for those who did and ASIC looks after the investors.
There are a handful of similar posts scattered in the Ponzi threads, but since this is the most recent and I'm responding to similar items there, it will suffice as an example.
For anyone who asks why I, a non-investor, spend time and effort warning people in threads like this, Akubras3525's post is the reason. I can't stop everyone from leaping off the cliff, but if I can save even a few, I've done something very worthwhile with my time, even while others sought to encourage more people to put their money into a scam.
Now that the time to save new investors is over, I'm doing my best to convince people to follow the right procedures to recover as much investor money as possible.
In this case, the best procedure is not to pray for the magical money fountain to get back on track. Early in this thread, one of the pieces of "evidence" used to "prove" that Exential was not a scam was that the press didn't have the nerve to name the company in any article about suspicious investments. Evidently, the UEA makes it easy to seek damages from the press, so the press had to dance carefully around the name of the company while not naming it.
Now, the press is accused of being unfair for coming out and reporting on things like Sydney's arrest, his wife's illegal access to company HQ, and more. Instead, each and every investor should welcome this. The more publicity, the more chances someone who knows more about what went on behind the scenes will come forward.
What each and ever investor/victim needs to do is file a police report. The most important information to make certain to share is details on what bank accounts Exential (and related companies) used to accept deposits and to make payouts. Imagine if one of those accounts has a significant amount of cash in it, including cash from other accounts dumped into it. Now imagine that it was only used a few times to interact with clients. Finally, imagine of the only few people with that info are sitting around enjoying their "hope" instead of sharing the info the government needs to find and freeze that account. Every day's delay makes it less likely that Sydney's wife or someone else following his orders will be able to empty the account.
