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Thread: Virgin Gold Mining Corporation [Scam!]

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    Virgin Gold Mining Corporation [Scam!]

    Anybody can give me information regarding VGMC business that its' head office is in Panama?. This company offers very interesting interest for investor, and as we can guess a lot of people (in Indonesia) are interested to invest their money in this company. I would like to know: is this company having good reputations and really existing?

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    Re: Virgin Gold Mining Corporation

    ,Unless Richard Branson is behind it to me, the Virgin Gold Mining Corporation screams scam!

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    Re: Virgin Gold Mining Corporation

    The address listed on their website

    Virgin Gold Mining Corporation
    Torre Global Bank Building
    Calle 50 & Calle 58 Este
    Piso 31, Oficina 3105
    Panama City, Republic of Panama

    VIRGIN GOLD MINING CORPORATION

    Curious, cant seem to find this corporation listed in the Panamanian registry.

    http://ohuiginn.net/panama/

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    Re: Virgin Gold Mining Corporation

    Sloppy work Ed. Always to to the source: Registro Público de Panamá

    Agente Residente: PANAMA OFFSHORE LEGAL SERVICES, (POLS)

    Fecha de Registro: 02-02-1999
    Moneda: ACCIONES SIN VALOR NOMINAL.
    Monto de Capital: 0.00

    PRESIDENTE GERASIMO SAMUDIO
    TESORERO GERASIMO SAMUDIO
    SECRETARIO GERASIMO SAMUDIO
    No. de Ficha:
    356393
    No. Documento:
    Nombre de la Sociedad:
    VIRGIN GOLD MINING CORPORATION.
    Tomo: 0 Folio: 0 Asiento: 0
    Fecha de Registro: 02-02-1999 Status: VIGENTE
    No. de Escritura: 559 Fecha de Escritura: 20-01-1999
    Notaria:
    41
    NOTARIA OCTAVA DEL CIRCUITO
    Provincia Notaria: PANAMA
    Duración: PERPETUA Domicilio: PANAMA
    Status de la Prenda: (DEF-DEFINITIVA, PRE-PRELIMINAR)
    Datos de 1a. Tasa Única
    Boleta: 0 Fecha de Pago: 00-00-0000
    Agente Residente: PANAMA OFFSHORE LEGAL SERVICES, (POLS)
    Datos del Diario
    Tomo: 274 Asiento: 7774
    Datos de Microfilmación
    Rollo: 63919 Imagen: 11
    Moneda: ACCIONES SIN VALOR NOMINAL.
    Monto de Capital: 0.00
    Capital
    EL CAPITAL SOCIAL ES DE QUINIENTAS ACCIONES, SIN VALOR NOMINAL,
    NOMINATIVAS O AL PORTADOR.
    Representante Legal
    EL PRESIDENTE, O EL SECRETARIO INDISTINTAMENTE, Y EN AUSENCIA DE TODOS
    EL TESORERO. INDISTINTAMENTE.
    Título del Dignatario Nombre del Dignatario
    PRESIDENTE GERASIMO SAMUDIO
    TESORERO GERASIMO SAMUDIO
    SECRETARIO GERASIMO SAMUDIO
    Nombre de los Directores
    GERASIMO SAMUDIO
    JUAN CARLOS OJO BENITEZ
    JUAN DEL ROSARIO OJO REYES

    Nombre de los Suscriptores
    JAIME ANTONIO GRAELL
    MODESTO HENRIQUEZ
    Quote Originally Posted by EdBowers View Post
    The address listed on their website

    Virgin Gold Mining Corporation
    Torre Global Bank Building
    Calle 50 & Calle 58 Este
    Piso 31, Oficina 3105
    Panama City, Republic of Panama

    VIRGIN GOLD MINING CORPORATION

    Curious, cant seem to find this corporation listed in the Panamanian registry.

    http://ohuiginn.net/panama/

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    Re: Virgin Gold Mining Corporation

    If you look at:

    http://ohuiginn.net/panama/person/GERASIMO SAMUDIO

    You will notice that the guy acting as president, secretary and treasurer is a Panamanian monkey who signs papers because someone pays him money. He has no clue what is going on and will run and hide if something happens.

    I recommend you call Panama Offshore Legal Services who is the registered agent and ask them for a reference. Ask them to have the owner of the company call you - they issued the certificate most likely. Also make sure to question them, put them on notice that you will help take the lawfirm down if there is fraud going on. Check if the guy above is one of their employees.

    Quote Originally Posted by Mahma View Post
    Anybody can give me information regarding VGMC business that its' head office is in Panama?. This company offers very interesting interest for investor, and as we can guess a lot of people (in Indonesia) are interested to invest their money in this company. I would like to know: is this company having good reputations and really existing?
    enterdie likes this.

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    Re: Virgin Gold Mining Corporation

    Thanks big for information, and I have sent a letter to Panama Offshore Legal Services to get final reference.

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    Re: Virgin Gold Mining Corporation

    I agree with Ed big scam! Invest now in the great panama gold rush!!! hahahaha

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    Re: Virgin Gold Mining Corporation

    So..they give great hopes by giving great cheating???

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    Re: Virgin Gold Mining Corporation

    Not looking good so far, a quick google reveals:

    Global Investor Alerts - Cold-calling Alert! - Virgin Gold Mining Corporation

    And they feature on the government of Singapore's Investor Alert list.

    Consumer Portal: Consumer Portal: Investor Alert List

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    Re: Virgin Gold Mining Corporation

    So..they give great hopes by giving great cheating???
    It is not great cheating, they don't list one specific gold mine on their website that they are involved in. There are no corporate accounts just a lot of waffle. It looks like an on line scam where you purchase 'preferred shares' online and receive the monthly dividend in 'ounces of gold' in your online account. Of course , when you want your money back the difficulties will arise bigtime. As Contrail pointed out Senor Semudio will be of absolutely no help and I doubt that the address will turn out to be any more than an office address for a multitude of 'nominee' corporations.

    There is also an Investor alert from the Malaysian Securities Commission.

    http://www.sc.com.my/main.asp?pageid...&linkid=&type=


    Mahma, what annual rate of return do they promise ?

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    Re: Virgin Gold Mining Corporation

    They promise to Indonesian investor 0,1 oz(10grm)/100 shares/month. They sell us$1.20/share. What do you think with this charming offer?

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    Re: Virgin Gold Mining Corporation

    What do you think with this charming offer?
    It is a scam, ponzi, multi layer marketing all meaning one thing, fraud. No legitimate company pays 10% a month. Here is another website in the USA with exactly the same scam.

    FxCapitalMarket

    Here is their Panama headquarters before it was rented. 169 M2 is too small for 'one of the worlds leading gold exploration and mining companies ' 'with approximately 500 employees' it is about the size of a 2 to 3 bedroom appartment.

    Office for Lease: Office 3105 For Rent In Global Bank | Powered by vFlyer

    You should do some internet research and see how ponzi schemes operate and how many unsatisfied customers there are with the gold shares scam, they are mostly in Asia.

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    Re: Virgin Gold Mining Corporation

    For EdBowers and other senior members: Your advices are really very useful for me to take a decision. I never did investment in gold, it will be the first time, but it seems scary and full with somethings unreal.

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    Re: Virgin Gold Mining Corporation

    Mahma, do not do any investment with Virgin Gold Mining if you don't want to lose your money, check their ip address, it is in Florida USA. Nobody references them on the web apart from themselves and some get rich quick investment blogs, not one newspaper or mining industry journal. They concentrate on investors in Asia hoping that you won't figure this out. Buy ETF's or mining shares listed on the New York stock exchange instead. Can someone else post and back me up on this one?

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    Re: Virgin Gold Mining Corporation

    It is high time the investors call/email Panama Offshore Legal Services in Bella Vista, Panama and ask them. If they cannot show a copy of an email to them at least they can continue investing their money for all I care.

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    Re: Virgin Gold Mining Corporation

    I did post an email to Panama Offshore Legal Service a couple days ago, I asked them regarding this VGMC and I hope their references can make Indonesian investors realize that what they have done are not safe. Now I clearly understand after getting your advices but I want to try to minimize new victims in this business. I'm telling you, now such on-line business: gold mining investment, gold coin and other gold businesses, which are unclear, are growing in my country. That's why I need legal formal references to make them sure with what I'm saying.

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    Re: Virgin Gold Mining Corporation

    Quote Originally Posted by EdBowers View Post
    Mahma, do not do any investment with Virgin Gold Mining if you don't want to lose your money, check their ip address, it is in Florida USA. Nobody references them on the web apart from themselves and some get rich quick investment blogs, not one newspaper or mining industry journal. They concentrate on investors in Asia hoping that you won't figure this out. Buy ETF's or mining shares listed on the New York stock exchange instead. Can someone else post and back me up on this one?
    i think that buying ETFs are also a great gamble . they are just paper shares that a oversold about 30-1 in gold and maybe as high as 100-1 in silver . just buy physical metal , because if you are not holding it , you dont own it .

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    Re: Virgin Gold Mining Corporation

    Excellent research Ed and Contrail!

    Mahma? Donde esta?

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    Re: Virgin Gold Mining Corporation

    Gerasimo Samudio is I think employee of POLS, and is director of several Offshore companies throughout Panama, he indeed is paid for his signatures and he has in written letter in which is said he is fired and not responsible for anything that happens with/in the company. POLS: Panama Offshore Legal Services Telephone number: 2276645. English is spoken but not very well...
    Quote Originally Posted by Contrail View Post
    If you look at:

    http://ohuiginn.net/panama/person/GERASIMO SAMUDIO

    You will notice that the guy acting as president, secretary and treasurer is a Panamanian monkey who signs papers because someone pays him money. He has no clue what is going on and will run and hide if something happens.

    I recommend you call Panama Offshore Legal Services who is the registered agent and ask them for a reference. Ask them to have the owner of the company call you - they issued the certificate most likely. Also make sure to question them, put them on notice that you will help take the lawfirm down if there is fraud going on. Check if the guy above is one of their employees.
    Todo esto es vida, vivela!

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    Re: Virgin Gold Mining Corporation

    Gerasimo Samudio is I think employee of POLS, and is director of several Offshore companies throughout Panama, he indeed is paid for his signatures and he has in written letter in which is said he is fired and not responsible for anything that happens with/in the company. POLS
    The classic nominee set up then.

    One aspect of 'nominees' that is probably not widely known is the UK Inland Revenue for example, can deem a nominee as an oxymoron. Once they establish a link to a taxpayer in the UK to an offshore corporation and demonstrate that the corporation is in fact being run from the UK they can nail you. I remember one case where somebody owned a house in the UK through an offshore nominee set up and had a company credit card. The Inland revenue took the view that the company was controlled by this person in the UK and he was the beneficial owner as that is where the instructions were originated from. Don't know how the IRS view these things though.

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    Re: Virgin Gold Mining Corporation

    Number 3 on google for Virgin Gold Mining, looks like a comprehensive trashing in Malay.
    (SCAM) Virgin Gold Mining Corporation VGMC | Berita Semasa

    Here is ' Invest2Me ' the Virgin Gold Mining shill, assuring everyone that he makes almost $40,000 a month trading gold on the TalkGold forum. Ever wonder why the 'Investment Experts' waste their valuable time posting on forums trying to persuade others that they have that elusive secret formula to instant riches? After all, they could be swilling champagne and lighting cigars with $100 bills whilst cruising on a yacht having massages from swimsuit models.


    "I'm make almost usd40,000 per month here through gold trading.
    "

    He obviously wouldn't make any money at all if he had to teach English Grammar...

    Virgin Gold Mining Corporation - vgmc.com - Talkgold HYIP, Investment & Money Forum

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    Re: Virgin Gold Mining Corporation

    for BalaBeacher. I am in Bali Indonesia. I agree with you Ed and Contrail have done excellent research.
    I have tried to call Panama Offshore Legal Service, but someone who picked up the phone spoke in language I could not understand and he didn't speak English.

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    Re: Virgin Gold Mining Corporation

    but someone who picked up the phone spoke in language I could not understand and he didn't speak English.
    They would obviously speak Spanish but for a company with an English name and and English website that targets foreigners for clients, it is extremely unlikely that there is no one available that can speak English. Much more likely is that they don't welcome awkward enquiries but would immediately have a fluent English speaker available if you indicated that wanted to be a client.

    I am not in Panama at the moment but if anyone is passing the Global Bank tower and has time to check out office 3105 it would be fascinating to learn what actually goes on there.

    Meanwhile, this type of scam seems to be very extensive in Asia under differing names and at least this thread is a source that potential Asian victims can learn from.

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    Re: Virgin Gold Mining Corporation

    There are no corporate accounts just a lot of waffle. It looks like an on line scam where you purchase 'preferred shares' online and receive the monthly dividend in 'ounces of gold' in your online account. Of course , when you want your money back the difficulties will arise bigtime. As Contrail pointed out Senor Semudio will be of absolutely

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    Re: Virgin Gold Mining Corporation

    so, anyone has checking the office? i'm from Indonesia too, and found this forum coz I really curious about VGMC that have many investors in my country. They also establish gathering regularly, and building the investor or nominee trust.

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    Re: Virgin Gold Mining Corporation

    I've been in VGMC for more than 2 years now and the company never rest of giving its dividends to its shareholders. If you wish to know more, i can assist you on this. You can also visit my vgmc facebook site.
    VGMC Asia | Facebook

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    Re: Virgin Gold Mining Corporation

    I've been in VGMC for more than 2 years now and the company never rest of giving its dividends to its shareholders. If you wish to know more, i can assist you on this. You can also visit my vgmc facebook site.
    No, I would prefer to meet the real brains at their Panama Global Tower office, can you make an appoint with Lucas M. Cookshank? Monday November 28th is good for me. Meanwhile, how about posting your dividend statements here?

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    Re: Virgin Gold Mining Corporation

    Quote Originally Posted by EdBowers View Post
    No, I would prefer to meet the real brains at their Panama Global Tower office, can you make an appoint with Lucas M. Cookshank? Monday November 28th is good for me. Meanwhile, how about posting your dividend statements here?

    Why are you so negative? you were against vgmc but yet you have not even become its shareholder and yet again you are judging it without experiencing. Where else, VGMC shareholder receiving its dividends without fail and without complaint.
    I'm sorry to say this, it seems that you are jealous of somebody's success...
    BTW, this is the link that indicate that vgmc is legitimate with the approve from qualified attorney:
    is vgmc.com a scam - JustAnswer

    Out of your curiosity, I too was skeptical regarding this at first. But now, at least i'm having extra income aside from my salary. I'm just here to share my experience towards vgmc and encouraging potential shareholders to join without obligation.

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    Re: Virgin Gold Mining Corporation

    I've been in VGMC for more than 2 years now and the company never rest of giving its dividends to its shareholders. If you wish to know more, i can assist you on this. You can also visit my vgmc facebook site.
    VGMC Asia | Facebook

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    Re: Virgin Gold Mining Corporation

    Quote Originally Posted by stramen View Post
    so, anyone has checking the office? i'm from Indonesia too, and found this forum coz I really curious about VGMC that have many investors in my country. They also establish gathering regularly, and building the investor or nominee trust.

    If you wish to know more, i can assist you on this. You can also visit my vgmc facebook site.
    VGMC Asia | Facebook

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