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Thursday, October 30, 2014

I would now like to draw your attention to an internet article that appears to have been written by Richard Cayne himself.

 http://www.articlesfactory.com/articles/finance/richard-meyer-cayne-credibility-of-an-offshore-financial-consultant-in-japan.html

Go ahead and have a look at it. Don't worry - this blog will still be here when you get back....

Okay, so the gist of the above article is that Meyer Asset Management had slipped through the cracks but finally received a completely routine (but overdue) inspection from the regulators? Nothing to worry about, right?

Now let's look at another article that I found online:  http://www.whitecase.com/articles-09092010/#.VE8UOYuUdCc




The "Penalty Imposed" section on page 2 of the article is particularly noteworthy. Although the article written by Richard Cayne seems to lightheartedly suggest that Meyer Asset Management received a small "tap on the wrist" kind of punishment from the regulators after a "routine inspection," the White & Case article states that in actuality Meyer Asset Management was ordered to suspend its business activities for 90 days!

A three-month suspension of business activities is a serious matter indeed and cannot be explained away by gobbledygook such as "just because you have a drivers license doesn’t mean you are allowed to drive 150 mph." I think a more apt analogy would be that of a restaurant that had failed a health inspection and was ordered not to serve any food for three months. Would you want to have lunch at a place like that?

It seems that just as eating at unsanitary restaurants can represent a health risk, doing business with Meyer Asset Management can be detrimental to one's financial health as well. Just ask the people who have invested thousands of dollars in Royal Siam Trust landbanking (introduced/sold by Richard Cayne and/or Meyer Asset Management).






Sunday, October 26, 2014

Here are two more documents about Royal Siam Trust Company.

Notice that the first one is dated 11 April 2012 and it clearly states in two places that Richard Cayne is indeed the Director of Royal Siam Trust Company Limited. The banking information on the paper is also correct - investors did send their money to the Standard Chartered Bank in Hong Kong, account number 368-107-6186-2. If Richard Cayne would like to provide an explanation for this, I would be all ears. Let me guess....a fake document planted by the real Director? Possible, yes. Likely, no.

The second document is a little older (dated May 27, 2004) and shows that Royal Siam Trust has two directors, Richard Cayne and Gregory Pitt. How could Richard Cayne not know that something was wrong with this investment when he was one of the Directors of the company? I cannot help but conclude that one (or both?) of these men has been dishonest about this investment.

Surely, the records from the bank in Hong Kong will indicate whether or not the funds are still there and, if not, where they have gone.

















Thursday, October 9, 2014

Have a look at this document. You can clearly see that Royal Siam Trust Company was established in St. Lucia on May 27, 2004.  Isn't this confusing? According to Richard Cayne's sales pitch, Royal Siam Trust company has a history dating back to 1955. That leaves exactly 49 years unaccounted for. Richard Cayne has yet to offer any explanation whatsoever for this discrepancy and I don't expect him to either. What can he possibly say other than "I wasn't telling the truth about Royal Siam Trust when I sold it?"