Continued on the next page...Hi everyone,
I want to share stories and if anyone is willing to help resolve this issue through legal channels, that help would be very appreciated.
My ultimate goal is to disclose the facts who Roger Goh Kok Keong is, so no one would be cheated by this person. This guy is a person, who does not keep his commitment, although there is evidence in black and white with a stamp seal. And of course, the purpose of this posting is I want to have my money back.
What I state here are the facts with evidence. If this thread disrupts the performance of companies that use the “services” of this man, it is not my business. Please fire Roger from your company and business keeps going.
Here's the story:
In early March 2010, I and some friends agreed to open an account at PT Sinar *** *** Futu*** with the very sweet lure. Incidentally, the marketer is our friend, just call him Mr. X.
Mr. X is working in a trading company and also an education consultant, who is hired by PT Sinar*** Futu***. Mr. X works under the company's owner, who is Roger Goh Kok Keong, in which at that time Roger has not completed the legal issues so no “Roger” name is used in the company. Armed with a 3G DreamWorks International PL (3G Capital Group) based in Singapore, Roger began to search for clients.
With Roger’s promising style, proving that he always won in forex transactions, and his GUARANTEE that the money deposited only will suffer maximum loss of 20% (see Statement of Intent which was signed by Roger), we then open a trading account on March 8, 2010 on behalf of Mr. E (one of my friends who volunteered his name to be used).
Mr. X got intensive training from Roger before he played our money and his trading activities were supervised by his superior, Roger. Some positions that were suggested by Roger ultimately led to our loss position.
What makes me mad is the ingratitude of the Roger who had made the statement that will return the remaining 80% of our money by the deadline of 30 June 2010. Here is an email from Roger on June 30, 2010 in which he requested an extension of time in the D-day (e-mail is copied as it is by changing the name of Mr. X, Mr. E and me (Mr. A) for the privacy and security reason). The statement "All three friends that shared this account can attend our Basic Level training for free" makes me smile to myself. After thinking over and over again, how Roger could provide training to us where our loss position in the trading account is due to Roger's own stupidity that took wrong positions.
Statement of Intent said:After we negotiate, we decided as below that was emailed by Mr. E to Roger:Email from Roger Goh (30 June 2010): said:Hello Mr. E,
How are you? First and foremost my apologies for my absence in Jakarta this week because of my hectic business projects requiring me to be in Singapore, Malaysia and China; however I am scheduling myself to be in Jakarta next week. Hopefully we can meet then.
Reference to the above-mentioned account, I am requesting an extension of 1 more month (July) to meet the recovery of 80% of initial investment equity for the above-mentioned account as agreed. Please read below the justification, my commitment and objective:
- The account was passed to me at a position which is critical but I am confident of recovering;
- Unfortunately the June commencement of the World Cup in South Africa has caused the market to be less active and very little trading opportunities for me, I believe July will be a much more volatile market and a lot more opportunities for me to do recovery;
- To show my commitment, I will inject monies into the above-mentioned account to facilitate the recovery;
- All 3 friends that shared this account can attend our Basic Level training for free;
- We will provide 3 months of advisory services to all (i.e. those who attended the Basic Level training) to assist your trading
I believe and trust that we both want to realize the investment and profits returns. With this win-win objective in mind, I hope you agree to my request.
Here, Roger has begun to dodge his promise by saying "As far I understand from Mr. X is I had committed to make good your trading acct mentioned above to 80% of your initial investment by 30th June 2010”.". Whereas in the Statement of Intent (attached), Roger has promised to return our money without any conditions.Reply from Mr. E (2 July 2010): said:Dear Roger,
I have spoken to my partners, and we are sorry to say that we do not agree upon your request.
First and foremost, the extension to June 30th was already the third that we have granted. So far, we have not received satisfaction.
Secondly, today is already July 2nd, it is past the agreed settlement date. If this request was going to be presented to us, we think that it should have been done at least before the settlement date of June, 30th. We have requested information on how settlement will take place since the end of last week, and there had been no response. The day you emailed should be the settlement day, but instead what we received was another request for an extension. We believe we have given you ample opportunities.
Regarding your commitment to inject, we would like to know the amount you have in mind. Especially in the past month of June, we have been closely monitoring the trading that has taken place, and given the performance so far, we do not prefer to dwell much longer. In our minds, and as a show of goodwill from your side, the capital injection should bring the portfolio to at least 80% of the initial capital.
We grant you an extension for the settlement to Wednesday, July 7th, 2010. By this date, we require the funds of Rp. 120,000,000 to be deposited in our account by whatever means necessary. By law, you have agreed to return Rp. 120,000,000 on June 30th, 2010.
If by July 7th we have not received settlement, then we will have no choice but to proceed by legal means, which we do not prefer. We still believe that a businessman of your stature will simply require a gentlemen’s agreement.
Once again Roger requested more time and we were patient enough to give him time until the end of July 2010.Reply from Roger Goh (5 July 2010): said:Dear Mr. E,
Reference to your email below, I believe there's a miscommunication between us. As far I understand from Mr. X (name is censored) is I had committed to make good your trading acct mentioned above to 80% of your initial investment by 30th June 2010. Moreover I only took over the trading acct in June and this will be my 1st n last time to request for an extension. As I mentioned earlier in my email to you that it's unfortunate that the market did not allow me much opportunities to fulfill the recovery in June, thus the request for an extension.
I hope this clarifies any misunderstanding, however please allow me to show you in this week, how your trading acct will change for the better.
On 6 July, Roger replied:Reply from Mr. E (5 July 2010): said:Dear Roger,
You have until the end of July to fulfill your promises. How and when are you going to facilitate the addition of funds into this account?
Since there is was news, Mr. E sent an email to Roger on 21 July 2010 asking Roger’s promise in the end of July 2010:Reply from Roger (6 July 2010): said:Dear Mr. E,
Thank you for your understanding and I will advise you accordingly when the funds is ready to be injected into your trading account.
For the umpteenth time, Roger requested more time and now he asked for the payment to be divided into several periods.Email from Mr. E (21 July 2010): said:Dear Roger,
Hope all is going well with the trading of our account.
As you know, it is nearing the end of the month which means it is closer to our settlement date. I hope you would fulfill our agreement in due time.
Meanwhile, please update us on our current account position. Strangely I have not received any daily reports for the past weeks. Your update would be most appreciated.
Mr. E replied to Roger:Reply from Roger (30 July 2010): said:Dear Mr. E,
As today is the settlement date for the above-mentioned account, I am proposing the repayment schedule to your group :
repayment over 10(ten) installments on 15th and 30th of every month over 5 months with the 1st repayment on 15th Aug.
Please provide your bank details for me to wire the repayment into your account.
Reply from Mr. E (2 August 2010): said:Dear Roger,
Thanks for your confirmation regarding the repayment.
I would like to propose a faster period of 4 installments over 2 months. I would prefer to resolve this issue as soon as possible.
Thanks for your confirmation about this.