21-01-04 News Update – MTI Liquidation

Published by PfoJC on

Monday 4 Jan 2021 - MTI - News - Status - Q & A

 

RAG - Webinar moved to 20h15 pm CAT / 18h15 pm London / 13h15 New York

04 Jan 2021 - DONE

The webinar included a very experienced auctioneer who has worked for liquidators in South Africa and has more than 25 years of experience. Apart from that there were advocates and solicitors from different firms on our panel.

The purpose of the webinar was to review the submission of the nomination forms for the liquidators which took place today and closed at 10 AM CAT, for January 2021.

Please be sure to register for our mailing list: https://getaquid.com/News-Letter-Registration

It is also important to subscribe to our YouTube channel: https://getaquid.com/rag-you-tube-channel/

Below is the webinar that took place on 4 January 2021.

 

Please complete this form if you want to put Questions to the Panel this evening:

How can we Help

Simply tell us what is on your mind or how we can help you?

  • Hidden
  • Hidden
  • Hidden

Categories: News Flash Q & A

74 Comments

I Wanna Score · 04/01/2021 at 12:29 pm

What’s SA Government posture and support against this international-scale fraud? MTI investors abroad transferred legitimate BTC and transactions should be traceable to the very last cent…

Reply

    Benita Bosman · 04/01/2021 at 1:26 pm

    Hi Iwannascore

    Please refer to the recordings of the zoom Q&A meetings held, where your exact question was answered by the experts.

    Please signup to our newsletter.

    Kind regards
    Benita

    Reply

    Realist · 05/01/2021 at 6:44 am

    SA government (through the FSCA) issued multiple warnings. But nobody wanted to listen and withdraw. And MTI (and other groups) are trying to get investors to not trust the media… this is exactly what got everyone into this mess in the first place. Moral of the story, any scheme that offers to make you financially independent with little to no risk, especially ones that requires you/ strongly urges you to recruit as many people as possible, is probably a scam. Tracing BTC that went through tumblers are very hard to trace… this will be a long process

    Reply

    Fishboy · 05/01/2021 at 6:52 am

    Ah… nice to see that just like the MTI groups, legitimate questions/comments are deleted…. interesting. Makes you wonder about the transparency on this group

    Reply

    Ignatius Bell · 05/01/2021 at 7:05 am

    The FSCA warned everyone multiple times. Various groups closely affiliated with MTI try convince you to not to listen to the media…. that is what got everyone in this mess to begin with. If the FSCA issues a warning… listen.

    Reply

    M. Angeles Gtz. · 05/01/2021 at 5:51 pm

    Hi !! Good morning Benita Bosman !! Today I send a form with my data, we all trust Johann S. MTI I hope they reconsider and do the right thing to return the btc. Or continue working, when do they return to all of our btc?

    Reply

petronella Janse van Vuuren · 04/01/2021 at 12:52 pm

I and my family are also investors by MTI we want to know when will we get our money back. Will they send it to our bankaccount or will they lets us know what they will do. Thanks

Reply

    Aldo · 04/01/2021 at 11:06 pm

    If you don’t help by sending your application and follow the process it’ll take more time

    Reply

    Mountain Monkey · 05/01/2021 at 7:00 am

    Well if you follow what happened with the Krion Ponzi scheme, and if this unfolds in a similar way, it will take years and you will get very little.

    Krion collapsed in 2002, with R1.5 billion being invested. Of that R1.5billion, almost R1 billion of that could never be recovered. The fact that the criminal and civil case only concluded 18 years after it collapsed means that (if this follows a similar trend) this will conclude in 2038… if you had invested R100,000 , and you some how get the full R100,000 back in 2038, it will be worth the equivalent of R49,362 due to inflation (assuming 4% inflation for 18 years)…. and that is assuming that you have a good liquidator that manages to get EVERYTHING back

    Reply

    M. Angeles Gtz. · 05/01/2021 at 5:48 pm

    Hi !! Good morning Benita Bosman !! Today I send a form with my data, we all trust Johann S. MTI I hope they reconsider and do the right thing to return the btc. Or continue working, when do they return to all of our btc? User Mexmaga. Regards!!

    Reply

    Lavinia Lindeque · 06/01/2021 at 4:44 am

    Please inform me as an investor if the procedure to follow as myself and family also invested in this scheme.
    Thank you

    Reply

Pitso · 04/01/2021 at 1:19 pm

I am an investor and I would like to know as to will we get our investment back as the company is fasting too many challenges.

Reply

    Benita Bosman · 04/01/2021 at 2:29 pm

    Hi Pitso

    Please refer to the recordings of the Q&A zoom calls which were hosted. The questions you are asking were discussed at great length.

    All the factual, relevant information will be shared on this website.

    Signup to our newsletter.

    Kind regards
    Benita

    Reply

      CryptoTzar · 04/01/2021 at 4:27 pm

      Q1) So what happens after the liquidator is nominated to those who have not submitted their claim forms as yet…
      Will they be penalised or disenfranchised for having missed the boat?

      Q2) ive heard the legal team on RAG videos commenting that bitoin has a digital trace on ….well thats fine if they have been stashed on any digital exchange but what happens if the missing bitcoins are transferred to a cold wallet…how will this team of experts trace where the cold wallet/s are?

      Q3) it is most likely that Johann steinbergs bitcoins were hacked by the russians. ..for this reason he could not honour the withdrawals on MTI …
      And also for this reason why he went AWOL….
      And also for the very same reason why his wife nerina stated that “maybe he does not want to be found”?

      Regardless of JS”s status quo..or whichever rat hole he is hiding in…….how will the forensic team be able to claim the bitcoins from the russians who are notorious for their technological prowess?

      Reply

        Benita Bosman · 04/01/2021 at 6:30 pm

        Hi Crypto Tzar

        Please refer to the recordings of the Q&A Zoom calls where most of your questions have been dealt with by the experts.

        Signup to our newsletter.

        Kind regards
        Benita

        Reply

        Aldo · 04/01/2021 at 11:04 pm

        Also aliens abducted JS lol, don’t believe that sht

        Reply

        Ulrick Roo · 05/01/2021 at 7:22 am

        Russians? I put it to you that this is not a true fact. True facts are those confirmed by Telegram Groups, and not what the “mainstream media” says. That is fake news.

        Reply

        Ibolya Szalma · 05/01/2021 at 8:25 am

        Q1) Tehát mi történik, miután a felszámolót kinevezik azoknak, akik még nem nyújtották be igénylőlapjukat …
        Büntetést vagy jogfosztást kapnak-e azért, mert elmulasztották a hajót?

        Q2) ive hallotta a jogi csoportot a RAG-videókról, amelyek azt kommentálták, hogy a bitoinnak digitális nyoma van… szakértők nyomon követik, hol vannak a hideg pénztárcák?

        Q3) a legvalószínűbb, hogy Johann Steinbergs bitcoinokat feltörték az oroszok. .. ezért nem tudta tiszteletben tartani az MTI-nél történt visszavonásokat …
        És emiatt is ment AWOL-ba …
        És ugyanezen okból is, amiért a felesége, Nerina kijelentette, hogy „talán nem akarja, hogy megtalálják”?

        Függetlenül JS status quo-jától, vagy attól, hogy melyik patkánylyukban rejtőzik … … hogyan tudják az igazságügyi orvosszakértői csoportok követelni a bitcoinokat a technológiai képességeikről elhíresült oroszoktól?

        Kérem adjanak választ az email címemre. Ne írja aQ&A van a válasz, mert nincs

        Reply

        M. Angeles Gtz. · 05/01/2021 at 5:47 pm

        Hi !! Good morning Benita Bosman !! Today I send a form with my data, we all trust Johann S. MTI I hope they reconsider and do the right thing to return the btc. Or continue working, when do they return to all of our btc? mexmaga2003@gmail.com

        Reply

    Jeff · 05/01/2021 at 6:46 am

    Most likely you wont get much back. Have you seen the nice cars and houses that the Marks family has? That is where your bitcoin is…. oh, and lots of Lindtbolletjies (they expensive, and a lot are consumed)

    Reply

    M. Angeles Gtz. · 05/01/2021 at 5:42 pm

    Hi !! Good morning Benita Bosman !! Today I send a form with my data, we all trust Johann S. MTI I hope they reconsider and do the right thing to return the btc. Or continue working, when do they return to all of our btc? User Mexmaga. Regards!!

    Reply

Leef · 04/01/2021 at 2:56 pm

I and my family are also investors by MTI we want to know when will we get our money back. Will they send it to our bankaccount or will they lets us know what they will do. Thanks

Reply

    Benita Bosman · 04/01/2021 at 3:09 pm

    Hi Leef

    Please refer to the recordings of the Q&A zoom calls which were hosted. The questions you are asking were discussed at great length.

    All the factual, relevant information will be shared on this website.

    Signup to our newsletter.

    Kind regards
    Benita

    Reply

David · 04/01/2021 at 3:31 pm

Can you please write a summary of the zoom call here on the website…
its very hard for me to understand it.

Reply

    Trevor Moulton · 04/01/2021 at 4:03 pm

    I think that the situation we find ourselves in regarding the recovery of our investments in MTI is complicated and RAG is doing a constructive effort to assist all investments in this task of recovery. Thank you as a group!!
    I think the majority of investors are just worried about getting their bitcoin values back, so what is the real chance of this happening as a hugh amount of investors trusted the owners with their money and now it’s really seems to be gone.. Reassurance and HOPE that this recovery of individual bitcoins is achievable.??? That the big question??

    Reply

      Benita Bosman · 04/01/2021 at 6:45 pm

      Hi Trevor

      Don’t despair. The liquidator will be appointed soon and they will handle the whole case of behalf of all the investors. They are experienced and know the laws which they have to follow.

      The information will be updated on this website as it becomes available.

      Please signup to our newsletter.

      Kind regards
      Benita

      Reply

    Benita Bosman · 04/01/2021 at 6:37 pm

    Hi David

    I think you can appreciate that we simply don’t have time to do that. There are a few of us, investors like yourselves, who are trying to attend to 1000 comments per day.

    Kind regards
    Benita

    Reply

SonePeter · 04/01/2021 at 4:25 pm

I and my friends invested in to mti and now am in a big problem about awer withdrawal please am sure this thing gonna be OK soon we need away money back please

Reply

    Benita Bosman · 04/01/2021 at 6:49 pm

    Hi SonePeter

    The liquidator will be appointed soon and they will start the process of getting our money back.

    Kind regards
    Benita

    Reply

Frik · 04/01/2021 at 5:14 pm

How is it possible that a worldwide company can be trusted to a single man and with a respected lawyer group involved. Due to them I was finally convince to join, not knowing that the control of the company is in the hands of uninformed and inexperience leadership.

Reply

Dianne · 04/01/2021 at 5:41 pm

Were is Johan’s wife. If she is still in SA are they allowed to confiscate her passport.

Reply

    Benita Bosman · 04/01/2021 at 6:41 pm

    Hi Dianne

    The Hawks and SAPD are investigating the case and they will take the necessary steps to locate the management team of MTI.

    We will give every bit of factual, verified information on this website.

    Please signup to our newsletter.

    Kind regards
    Benita

    Reply

Hnnele Swanepoel · 04/01/2021 at 6:53 pm

Myself and my 2 kids also invested with MTI and I would like to know if we are going to lose our money or if we will get back out money cause i desperate need my money please?

Reply

    Benita Bosman · 04/01/2021 at 7:12 pm

    Hi Hannele

    We have to keep our faith. The experts will do their utmost to recover all our money.

    We will put all the verified information on this website for all to see.

    Please signup to our newsletter.

    Kind regards
    Benita

    Reply

    Valeria vega · 08/01/2021 at 3:12 am

    Aún no pude enviar formulario; perdí mí posibilidad? Mí familia también invirtio

    Reply

      Benita Bosman · 08/01/2021 at 3:41 pm

      Hi Valeria

      El formulario de nominación era solo para nombrar a un liquidador. Aún tendrá la oportunidad de registrar sus reclamos. El liquidador nos informará qué hacer a continuación. Siga viendo las actualizaciones en nuestro sitio web.

      Kind regards
      Benita

      Reply

Linda Hubble · 04/01/2021 at 8:15 pm

How do we get our money?

Reply

Simon Smith · 04/01/2021 at 9:55 pm

This is all VAGUE.
If this is a Q&A why don’t you answer us?
Telling us to just ‘watch the zoom meeting’ is not good enough.

Reply

Oscar van Staden · 04/01/2021 at 9:56 pm

Why must we signup to your newsletter?
Kindly summary the situation so we know where we stand.

Reply

Simon Smith · 04/01/2021 at 9:58 pm

I am an investor just like most of you.
Why are my comments being DELETED from this Q&A post?

Surely I have a right to express my concerns.
Or do you think you are Google who has the right to censor everything??

Reply

Simon Smith · 04/01/2021 at 10:00 pm

Soy un inversor como la mayoría de ustedes.
¿Por qué se BORRAN mis comentarios de esta publicación de preguntas y respuestas?

Seguramente tengo derecho a expresar mis preocupaciones.
¿O crees que eres Google quien tiene derecho a censurar todo ??

Reply

Judith Bartels · 04/01/2021 at 10:18 pm

Hi there, I have only just got onto this site. Am I too late to submit?
Thanks for all you are doing in such a terrible situation.

Reply

Michelle Kuppan · 04/01/2021 at 10:57 pm

I missed the zoom meeting..myself and my husband also invested in MTI.. forms where sent to us to complete but we cannot print and scan documents to sign…but we did what we could…

Reply

Annelie · 04/01/2021 at 11:05 pm

Is it possible to do a class action as a claim which is most economical way to claim what was invested at MTI ?
Which liquidators form / claim should one fill ? and what cost is involved ?

regards
Annelie

Reply

Tracy Naidoo · 04/01/2021 at 11:27 pm

I not only speak for myself but for all investors. This situation that MTI put us in is really difficult especially in this pandemic when most of us lost our jobs and trusted MTi to see us through to provide for our families. I am devastated …..I just wish we can get our investments put a.s.a.p.

Reply

Tracy Naidoo · 04/01/2021 at 11:29 pm

I not only speak for myself but for all investors. This situation that MTI put us in is really difficult especially in this pandemic when most of us lost our jobs and trusted MTi to see us through to provide for our families. I am devastated …..I just wish we can get our investments a.s.a.p.

Reply

    Aldo · 05/01/2021 at 3:42 am

    It’s going to take time, make sure you send your application and share all the info to others

    Reply

SHANKARSAN NAIK · 05/01/2021 at 5:11 am

What happened regarding our withdrawal ? How many days to be finalized ? Where is the cheater Johann ? Nonsens bloody. Put him in jail.

Reply

Ashley · 05/01/2021 at 7:12 am

When and how do I join or put in my claim, I haven’t filled in any documents and I am scared I miss the chance to join the recovery group. Please advise

Reply

Geoff · 05/01/2021 at 7:34 am

Why was Jeremys coment deleted? I thought it was a very relevant question???? Why are relevant comments being deleted? I want to know if I will have to pay back all that I had withdrawn or face criminal sanctions. Please help us with some clarity!!!! This is very stressfull!!

Reply

David Alvarrao · 05/01/2021 at 11:56 am

Why are we not hiring a private investigator to find Johan and the other individuals? We are focused on the liquidation which is fine but we also need to find these people.i have contacted a very reputable PI and he has sent me what he requires for us to hire him of we wish.is there someone in the rag team whom I can forward this PI information and email onto?

Let’s not waste anymore time and approach this who terrible situation we all in with more than just a one strategy of the liquidation.

Thank you all for your excellent work thus far and let me know your thoughts.

Regards

Dave

Reply

Harm · 05/01/2021 at 10:01 pm

good day,

i submitted the requisition form for me and my parents to the liquidator.
we did not get any confirmation back from the liquidator that the email was received.
how do i know if they received the forms?

thank you:)

Reply

Jannie Vermaak · 07/01/2021 at 9:57 am

When will the claim forms be available and where will we get hold of same?

Reply

    Benita Bosman · 08/01/2021 at 3:58 pm

    Hi Jannie

    As soon as the liquidator is appointed, he will advise the procedure to claim back our investment.

    We will share all the relevant detail on this website.

    Please signup to our newsletter.

    Kind regards
    Benita

    Reply

christopher · 10/01/2021 at 3:57 pm

My total lost with this company was USD832,576.91. I needed a major portion of this balance to pay off the down-liners who were threatening to file charges for misleading as well as fraud. Their combined balance is approximately USD600, 000. A top wealth recovery company in the US brilliantly helped recoup 100% of my lost capital to these fraud companies all within 2 days. I can’t thank Scams Rescue enough. I am typing this with tears rolling down my cheeks! Please stay away from crypto investment scams to avoid the agony and pain I went through!
Contact; info AT sca m sre scue D OT c om for info

Reply

    William Grimes · 13/01/2021 at 10:25 am

    Tha k you for the info we are following the path per south african and international law practices.

    Reply

Leave a Reply

Avatar placeholder

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Related Posts

Admin

8 June 22 – Wednesday Update

Wednesday – 8 June 2022 – Update Webinar held on 30 May 2022: https://youtu.be/fqfzyKejHL8 An update on the current court case: The current court proceedings regarding various issues in relation to MTI in liquidation were Read more…

Admin

MTI – Webinar – Court Case in Process 16 May

Topic: MTI – In Liquidation Court Case – Second Hearing 16 May 2022 Webinar Date: Wednesday, 11 May 2022 Time: 19h30 (CAT), 18:30 (London), 17h30 (GMT) Description: Court Case started on Friday, 29 April 2022. Read more…

Admin

MTI – Status Update – Court Submissions

Open Letter Covering a Submission made to The High Court of South Africa Open Letter Submitted under Case Number: 15426/2021 In The High Court of South Africa (Western Cape Division, Cape Town) To whom it Read more…

Share