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Article #2846

JEREMY SHUM calls for LOMBARD FINANCE to be reviewed by the Federal Government for scams

#2846
From: mathsww
Date: Tue, 19 Jan 2010 11:10
138 lines
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Useful links
- http://mathsworldwide.org/
- http://www.youtube.com/mathsww
- http://www.petitiononline.com/mathsww/petition.html



Maths Worldwide Litigation Group
Allegations - Responsibility - Class Action - Quotes



Plaintiff: Public interest litigation group, a proportion of the
800,000 mum & dad investors, who have been ripped off by Maths
Worldwide.  If you are interested in joining this consumer group,
please sign this public petition. vs. Defendent: Maths Worldwide (ABN
59 134 783 663), which secured $4.8bn in terms of total sales under
the name "Mathemagic Computer Tutor".



Who is responsible for the $4.3bn worth of damage to families
worldwide?


Because the Company has not provided any names (very secretive), we
cannot ascertain specific fault yet.  It is assumed the Company has
done this intentionally, to prevent managers from being "named and
shamed" (a classic public relations move).



1) Grant Thornton, specifically, the receivers (November 26, 2008),
Trevor Pogroske and Paul Billingham.  We are claiming that the
partners did not act with due diligence, and behaved negligently,
sending the Company down the same path it went into bankruptcy for.



2) Glenhutt Holding Pty Ltd, based in 2065 (New South Wales), has been
active since July 1, 2003.  There is a possibility this corporate head
was started for the pure purpose of avoiding liability to Mathemagic.
This is illegal if this is the case.  The ABN of this firm is 81 105
679 641, and the ACN is 105679641.  This is the registrar of the
MathsWorldwide.com.au domain name.



3) NSW All Schools Track & Field Championships, who are cobranded in a
five year naming rights sponsorship, ending August 2009, with the
Australian Institute of Mathematics.  Doing so, may have been
misleading for NSW customers, thus they were negligent in their
partnerships.



4) TPP Internet, the firm that hosted the Australian Institute of
Mathematics and Literacy Pty Ltd (ABN 48080351597).  The webmaster is
under Raj Singh (rsingh@mathsworldwide.com.au).  The Company is also
linked to twoplums.com.au.  By keeping the domain mathemagic.com.au,
and linking to Maths Worldwide, the new company is misleading
customers Maths Worldwide has purchased mathemagic (if it hasn't yet).



5) Back To The Future Education (Australia) Pty Ltd, who seem to be
selling a product very similar to Mathemagic, now rebranded to
Mathspower.  If their product is analogous to Mathemagic, it may be
yet another rip-off which we will be taking action against.



6) South African Government organizations, which seems to be where the
program originates from (based on the accent of the voice prompt on
the program).  The South African Government should ensure phony
programs shouldn't be able to be exported into Australia.



7) CAMI (Computer Aided Mathematical Instruction) Educational,
Advanced Learning Power, Maths and Excellence Learning Pty Ltd, who
seem to be based only through the Internet, and are selling the
product.  Selling a misleading product means you are vicariously
liable for damages suffered.  The web sites on the Internet are
scattered, but include camiweb.com; cami.com.au; aiewa.com.au;
orangeeducation.com.au; learnmaths.com.au; future4kids.com.au.  The
best is probably the Indian CAMI, accesible at speedmaths.in.  Web
hosts, web designers, and web masters can be legally liable for
content on these web sites.



8) Lombard Financing, the Company that charges a 19% annual interest
rate, selling the total product over 4 years for $7940.



9) Mathemagic Computer Tutor Ltd (Company No 05642193), based in The
Lodge, Darenth Hill, DARTFORTH (DA2 7QR).  This Company was
administered on March 2, 1997 - only later to reappear in Australia.



10) Laton.com.au, which is profiling the Mathemagic Computer Tutor web
site.  They also detail a contact address, Level 2 79 Hay Street,
Subiaco (6008) in Western Australia.  The phone number listed is 08
9489 7600.



11) Damian Bock and Damian Frearson, the director of Mathemagic
Computer Tutor AIMWA Pty Ltd, who were fined $1,200 in a Perth
Magistrates Court for failing to give mandatory customer information
about their rights to cancel door-to-door trading contracts.



12) Renaka Senaratna of Croydon in Victoria, was fined $1,000 in the
Joondalup Magistrates Court for not ensuring his company provided
mandatory customer information about their rights to cancel door-to-
door trading contracts.




--------------------------------------------------------------------------------

All material presented on this web site exclusively represents the
opinions of its authors.  We disclaim liability for all content.

Material has been provided for the exclusive purpose of organizing a
class action between existing Mathemagic customers.

Freedom of speech on this web site guaranteed under the First
Amendment of the U.S.A. Constitution.

© 2010 Maths WW (Property of MathsWW.com)
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From: mathsww@hotmail.com
Newsgroups: aus.net.access
Subject: JEREMY SHUM calls for LOMBARD FINANCE to be reviewed by the Federal 
 Government for scams
Date: Tue, 19 Jan 2010 03:10:53 -0800 (PST)
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