Common sense, not so common...

lol bruiser has made some of the worst posts ive seen on this site in the last month....

Seems reading all these stories that the old ponzi scheme works while new $ comes in everything ticks along, when it stops the crooks have made off with the loot they cud steal. Lawyers wont do **** unless the site is regulated, i understand why the sites are all offshore these people are 1 step ahead of the average joe thinking these sites are there to make players rich. When yu can deposit freely but the withdrawals are limited with currency controls 2 stop runs, yu have 2 smell a rat.

Here is the gist of it: Club Platinum Inc was a pyramid scheme which owned an online casino called La Isla Bonita Casino. Remme was one of the top guys in the pyramid, which had more than 1000 investors. Some of them were in 2004 preparing a law suit against Remme and two other men, Kristian Fredriksen and Per Inge Maridall. They also said they would report them to the police for fraud and embezzlement.

How is it possible that Jo Remme's past with pyramid schemes comes to the light only now when it's too late to do much about it? Of course you can't expect normal players to do Sherlocking before depositing to a site, but I don't know, I'd just imagine SOMEONE could have dug up the dirt and warned people before this happened.

This site isnt even registered in Malta.. how is it possible to not discover this on a earlier stage?

sick i wish you all the best!

I have obtained a copy of the July 2004 article in Kapital (a financial magazine in Norway) about Club Platinum Inc (CPI).

It is a 3-page article and it's a very complex story, but I'm going to give a summary.

There were essentially three disagreeing parties: (1) Jo Remme, (2) Kristian Henriksen and Per-Inge Maridal, and (3) a group of investors in CPI. The investors are threatening to sue Remme, Henriksen and Maridal, and have reported them to Polish police.

The story started in 2003 when Remme contacted two men who had done well in the land based slot machine business, Kristian Henriksen and Per-Inge Maridal. Remme wanted to start an online casino called La Isla Bonita Casino, and he needed money for licensing in Antigua and for casino software (they used Playtech sofware, BTW). Henriksen and Maridal agree to invest in the casino.

At the same time the Club Platinum Inc (CPI) is started, apparently headed by Remme. This is a kind of network for recruiting players, and is described as more or less a pyramid scheme. The members of CPI are falsely led to believe that they get ownership shares in the casino, and the value of the casino is touted as being around $60 million.

La Isla Bonita Casino is run from Poland by Remme, and Remme resided there at the time. As a result of conflict between Remme and the owners Henriksen & Maridal, Remme leaves Poland. According to Henriksen & Maridal, Remme fired all staff, reported foreign workers in the company (to whom is not clear, perhaps immigration?), and cancelled all leases. They claim Remme tried to run the casino into the ground.

According to a report prepared after the owners took charge, there was no proper accounting or controls. There was no focus on securing player funds, and no systems for controlling pay outs. The casino owed around NOK 4 million (USD 670,000) to players when Remme left, but the accounts were empty when Henriksen and Maridal took over. They accuse Remme of embezzlement.

The accusations are among other things based on the casino being charged bills from casinos in Copenhagen and Warsaw for tens of thousands of dollars. Remme is also accused of using casino funds to pay private credit cards. In addition there are online casino transactions and unspecified payroll totaling more than half a million NOK ($83k), and cash withdrawals for more than NOK 1 million ($170k).

Remme claims he is innocent of these charges, and instead puts the blame on Henriksen and Maridal. He is supported by some of the members of CPI, who claim Henriksen and Maridal are trying to make a scapegoat out of Remme, and that they are all equally guilty.

Another interesting bit is that the CPI prospectus claimed that the casino had cash assets of $12 million, and that the chairman was a rich American by the name Josef Barney. Remme admits that the casino had no cash assets to speak of. Josef Barney is most likely made up, according to the article.

Thanks for this.

I dont know marc all that well, but what i know i trust a lot, and he's always been very standup imo. People also recommended aig stock, and investing in blocks of subprime mortgages... I dont think marc did anything wrong- at least nothing that should make u think less of him (maybe his judgement but even thats a stretch).

Interesting info. I don't think the money is lost. It is out there somewhere, and we have to get lawyers and police to trace it. Remme has had a long time to empty clients accounts.

Lot's of interesting information ITT
I myself have about $62k stuck in Remmes bank-account. I hope he spends them well.

i think remme must have taken 4-7 mill usd? Maybe more?

Its a very big case.
Maltesian police must trace him and his silent friend. This is scandalistic

Sad thing is, they won't.

There's probably people who lost money at Eurolinx playing at other MG skins right now.

but its because he is a trustworthy guy that he shouldn't be recommending products he doesn't KNOW are products of quality. he seems like he wants to be a good guy to me too, who did this just cause everyone else does, and cause he wanted the money and glory so didn't care to consider it too much. now he's gotten bad luck. now he has lost trust because he talked to a lot of people about something he knew nothing about. IMO if he deserves sympathy and pity it is not for the money he lost which is really justice since because of him many others lost money, but for the fact that he has degraded himself as a person.