Poker_Babe said:If she's running a ponzi scheme, then I have no qualms about her being arrested on charges relating to that. Or anyone for that matter. But the Thai government is selectively enforcing their laws, bad laws at that. And being that I'm a cam model myself (and mother) I felt the need to speak up about this.vlad.mazare said:She "created" a "company" called MM Investments Co. Ltd which she claims is a thai registered company. And it has various sub companies such as CamWorxxx which will be her webcam studio, real estate investments and art studio and a marketing company among a few others.
She was valuing the company at $5,000,000,and selling 20% of the company in .5% share incrments of $25,000 a piece. She didn't have a website for the investment company only a tumblr blog. Which she makes this claim "7.5% guaranteed interest / Profit sharing / 5 year buy back and my projected return on investment within 2 years !"
On Oct 11th 2012 she makes the claim that the company will have a projected 30-50% yearly ROI.
https://twitter.com/MilaMilanxxx/status ... 5088694272
On Oct 10th 2012 she makes the claim that if you invest $500 to buy .01% of the company you will make up to $3,000 in 5 years and see your share value jump to as high as $10,000.
https://twitter.com/MilaMilanxxx/status ... 8764213248
On Oct 7th 2012 she admits to porn being illegal to export out of thailand, but since only 30% of her company is not based in Thailand and 95% of the adult part is not in Thailand,she is not breaking the law. Although how can so much be outside of Thailand when Camworxxx is going to have 100 webcam models like she claims.
I did some research and found out that MM investments is neither trademarked nor a registered company. And none of the sub companies are registered or trademarked. Not even MilaMilan is trademarked although she claims that it is.
So far she has gotten $575,000 in investments which I doubt will ever be returned.
The law is still the law, whether we agree with the law or not. We've all probably broken the law by driving over the speed limit, but haven't all gotten a speeding ticket.