Files Phony Bankruptcy Proceedings in Panama in order to “WRITE OFF” $55 Million+ of Investor Funds
{WHISTLEBLOWERS ARE URGED TO CONTACT THIS FORUM}
A multinational criminal investigation is underway into the ‘Business’ practices of Schweizerische Metalhandels Panama SA [SMHPA], Schweizerische Metallhandels AG Switzerland [SMHAG] SMH Schweizerische Metallhandels AG Deutschland [SMHDE] and SMH Beteiligungs GmbH
The inquiry has been commissioned at the behest of a group of investors who have been victims of fraudulent misrepresentation by the principles of SMH.
During the relevant period from August 2010 to October of 2016 SMH PA in conjunction with SMH AG (Swiss) and SMH DE (Germany) sold more that $50,000,000 USD in Metals investments to private investors. When in fact less that 30% of the metals were ever inventoried and of the metals that did exists they were overpriced, fraudulently marketed and of subpar quality.
BACKGROUND
SMH Schweizerische Metalhadels Panama SA [SMH PA] was established on August 4th, 2010, by Eugene Richard Walter ROSSMANN, Peter Bernd STEHLING, Ulrich Alfred SCHWARK, all under the ‘watchfull eye’ of Alexander HOFMANN all German Citizens allegedly aided by Günther & Maassen of Germany.
Eugene Richard Walter ROSSMANN, Peter Bernd STEHLING, Ulrich SCHWARK looked after the day to day administration of the Panama operation. According to their publicity and marketing materials, their goal was “to adopt the successful business model from Schweizerische Metallhandels AG Switzerland [SMH AG] for the American market”.
THE COMPANIES
SMHPA {Panama} was incorporated in Panama on 4th August 2010 and initially had the following Directors:
- DIRECTOR: ULRICH SCHWARK
- PRESIDENTE: PETER BERND STEHLING
- TESORERO: CATHERINE VERBEL
- SECRETARIO: BIRGIT RUNGE
{According to the Panama Law-Suit Filed, RICHARD WALTER ROSSMANN is listed as “Treasurer” of SMHPA}
Other non-arms length Companies related to SMHPA:
- Swiss Metal assets LLC (2011-New York)
- Swiss Metals Overseas S.A. (2013-Panama)
- Swiss Metals Latin America SA (2014-Panama)
- Swiss Prime Metals SA (Panama-2010)
SMHAG {Switzerland}–Founded in Zurich on March 26th 2009.
The Company Registry lists the following Officers:
- President of Board of Directors: GUIDO ROSSMAN
- Member (Representative): FELIX SUTER
- Director: ALEXANDER HOFFMANN
§ Registered Address {Nov 2016}: Law office Felix Suter, Minervastrasse 3, 8032 Zurich§
Website Listed Addresses: Loch 1306, 9428 Walzenhausen, Switzerland§ www.schweizerische-metalhandelsag.ch
Website Registration: Ludwigstrab 19 97688 Bad Kissingen Germany {Same address as SMH Germany}§
Contact Telephone Number:+41718861950§ Company
Registration Number: CH17030332710§ Activities: Wholesale of Metals and Metal Ores
SMHAG {“Deutschland”/Germany}-founded on May 23rd, 2013.
Member Man. Board-Director: ALEXANDER HOFMANN
Member (Representative): YVONNE KUHNE
Registered Address: Ludwigstrab 19 97688 Bad Kissingen Germany·
Website: http://www.schweizerische-metallhandelsag.ch ·
Contact Telephone Number:+49-611-880-4090·
Company Registration Number: DE16511750
Activities: Wholesale of non-ferrous ores, non-ferrous metals and non-ferrous
Haines & Maassen {Metallhandelsgesellschaft mbH} {Has been identified as a partner and metals wholesaler to SMH AG in marketing materials.}
- Managing Director: GUNTHER MAASSEN
- Managing Director: HARTWIG MAASSEN Jr.
- Principle Shareholder: HARTWIG MAASSEN Sr.
- Registered Address: Pützchens Chaussee 60 53227 Bonn Germany
- Website: www.haines-maassen.com·
- Contact Telephone Number:+49-228-946510
- Company Registration Number: DE01737172·
- Activities: Wholesale of metals and metal ores
SUSPECTS
Guido Rossmann [also spelled Roßmann] DOB – 31 August 1965.
Linked to the following addresses:
- Distelweg 4, 97616 Bad Neustadt, Germany (on 23 May 2013)
- Am Pfaffenfad 14, 97720 Nüdlingen, Germany (on 8 February 2011 and 10 October 2011)
Member of Board – SMH Schweizerische Metallhandels AG Deutschland
President – AG Switzerland
Shareholder – SMH Beteiligungs GmbH
Alexander Hoffmann
DOB – 5 January 1966
Linked to following addresses:
- Nüdlinger Str. 50, 97688 Bad Kissingen – Hausen, Germany
- Seestrasse 13A, 9320 Arbon, Switzerland (last confirmation: before 2014)
- Loch 1305, 9428 Walzenhausen, Switzerland (last confirmation: before 2014)
Director – SMH AG Switzerland
Sole Director – SMH Schweizerische Metallhandels AG Deutschland
Shareholder – SMH Beteiligungs GmbH
Eugene “Richard” Walter Rossmann aka: Roßmann
DOB – 3 June 1955.
Linked to the following addresses:
- Finsterlohr 9, 97993 Creglingen-Finsterlohr, Germany
- Seestrasse 13A, 9320 Arbon, Switzerland (2017)
- via Fiorita 4F, 6977 Ruvigliana, Switzerland
- 100 Fetter Lane, Fleet Street, London, EC4A 1BN, UK
Treasurer – SMH Panama
Director/Treasure – Swiss Metals Overseas SA – Panama
Director/Shareholder – SMH Beteiligungs GmbH
Ulrich Schwark
DOB – 13 July 1963
Linked to following Address:
{WHISTLEBLOWERS ARE URGED TO CONTACT THIS FORUM}
Should you have information that may assist the victims in this alleged fraud scheme PLEASE contact this forum and you will be put in touch with an investigator working for the legal team in this matter. All information will be treated as confidential.
Are you an investor in Walton who is interested in joining a group effort to investigate and possibly pursue civil, regulatory and/or criminal remedies contact this forum for additional information.
IFA@cmail.nu