Dear Investors,
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PEARMAN |
Work this one out if you can? It is of
special interest to anyone who has invested in any of Kevin Pearman’s numerous get-rich-quick schemes.
He was clearly expecting me to write another Post about
his experience with Pearman otherwise there would have been no point in him sending
me what he did in various emails.
Based in Port Elizabeth
he heads Metropole Investigation Services (MIS) which claims to operate
internationally from there. It deals with just about every conceivable aspect
of security including “Truth verification” and “Lie Detection.”
So the last person you would have expected to have become
one of Pearman’s investors would have been Mark, especially as he handed over
R325 000 in cash.
The MIS website says this of Mark: He
is a “former police special force commander with over 28 years of international
experience in paramilitary and law enforcement activities during peace and war
times on multiple continents. He is a Close Security Specialist that has served
as a Close Protection Specialist for dignitaries of high value over the years.
“Mark was deployed from 2004 to 2008
in Iraq
providing close protection for Corporate and Government officers. One of his
principals was Major General Johnson of the United States of America Core of
Engineers.
“On his return from Iraq in 2006 (this
is at odds with dates given above for his time in Iraq) he went to Israel to
obtain specialist training in the use of LVA 650 D Layered voice analysing
designed for truth verification, employment and pre-employment screening.
“Mark was appointed on 07.07.2008 to
the Department of Justice and Constitutional Development, Republic of South Africa
as a Commissioner of Oaths.”
He started his email correspondence
with me by sending copies of ones he sent to Pearman together with Pearman’s
replies. In one Pearman attached a letter in which he referred to a conversation
they had a couple of days earlier.
Pearman expressed his “utter shock” at
the way Mark conducted himself considering their “friendly history.”
“You repeatedly referred to the ‘money
I have taken from you’” the letter went on. “I have not taken money from you.
You, like every other shareholder purchased shares in N-tyre Solutions Ltd in
the hope that when the system gets to the market there will be a substantial
return for you.”
(For years Pearman has been promising his 450 or so
investors handsome returns once his “unique” tyre monitoring system hits the
jackpot, but nothing has so far materialised)
“You are well aware that the Company
needed more money via appeals that were sent out to all shareholders over
recent years,” Pearman wrote.
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Pearman's too good to be true tyre monitoring, investment scheme
advertisement about five years ago |
“You are also aware that I personally
needed money when I asked you to lend me money on no less than three occasions;
which you did and I did pay you back. These were the only occasions where I was
personally liable to you via my word.
“You are now ‘demanding’ that I repay
your investment in N-tyre in a three month period and issuing unwarranted
threats of sending people to collect and referring me to your website in an
attempt to intimidate me.”
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Another too good to be true
Pearman promise |
Pearman maintained he had worked “tirelessly”
to bring the system to market for the benefit of all shareholders and he stood
to lose the most if it didn’t succeed. He found it difficult to believe that
Mark, who had been one of the many shareholders who had supported him, had now
joined the “very small” group of shareholders who were now making “shameful”
attacks on him. By doing this they only hurt themselves by making the success
of N-tyre more difficult.
He claimed that details of a
Shareholder Exit Strategy were given in the May 2015 Newsletter. It invited
applications from those who wished to do this, but Mark was not one of them yet
he called and “demanded” the return of his money.
He maintained that “nobody has lost
money.” And as he has said many times before “N-tyre is closer to completion
now than ever before.” That’s when shareholders will be able to receive
dividends.
Pearman emphasised that he was not personally liable to
pay back Mark’s investment in N-tyre, nor that of any other shareholder. And he
was not going to set a precedent by paying Mark back based on “a threatening
phone call.”
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Pearman the man of many promises |
“All my phone calls are automatically
recorded and I intend to use this recording to lay a charge of intimidation
against you.” he warned. “Any further correspondence with me is to be addressed
to my lawyer Michelle Clarke.”
He added that if Mark wanted to sell
his shares he should follow the correct procedure and he would be put on the
list “which incidentally is very small.”
In an email
Mark told Pearman to look at my blog because “it speaks for itself as to what
people are saying about you. Very disgusting, I am in the process of selling my
shares to a group in Johannesburg
with links to …..”
It
ended ominously with “Take care.”
Pearman’s replying email was all about
me. “If you believe everything that Jon Abbott says, then I’m sorry for you.
Jon Abbott is an ex-frustrated journalist
who simply looks for whatever situation he can spin a negative tone
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Another one of Pearman's
worthless guarantees |
to and in fact is the cause of many
problems, not only for me, but for many other good people. I even know of
someone who committed suicide as a direct result of his article - nice guy our Jon Abbott.
(I could hardly
be credit with that. Francois Buys hung himself
after he and Kevin Cholwich,
who has worked for Pearman and
perhaps still does, were exposed by Carte
Blanche, the South African investigative TV series, as having defrauded people
of millions. Buys appeared on the show in tears. Cholwich on the other hand did not have the guts to come to give his side. See:
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CHOLWICH |
Noseweek Exposes Dearjon Letter )
"I am the exact opposite of what I
have been painted,” Pearman went on. “But the followers of Jon Abbott do not want to
hear that. I am encouraged by hundreds of shareholders who support me and these
far outweigh the negativity.”
He then contradicted what he had said
in his letter with this undertaking to Mark: “I told you telephonicaly that I
would buy your shares back, but I cannot adhere to your deadlines.”
Promises and still more promises are
among Pearman’s specialities.
Mark
replied: “Hi Kevin happy you feel sorry for me you should as well to the other
investors of your product. I have invested 325k in CASH WITH YOU. I AM IN THE
PROCESS TO SELL IT AS PER MY LAST EMAIL.”
After that my dealings with Mark got
really bizarre.
When I tried to clarify certain things
with him by email he told me to phone him without giving me his number. Then
when he did give me his smartphone number he was not available on two occasions
when I called him.
Eventually I emailed him saying that I
would have to go on the information he had already sent me together with
something from his MIS website. That’s when I realised Pearman was not the only
person who got threaten.
“No.
You will not write anything about me or my company or the dealings I have had
with Kevin until you have run it past me. Please respect my request. Regards
Mark,” was what he sent me.
As an investigative newspaper
journalist I never took instructions from the people I wrote about and I was
not about to start now. This was especially so as Mark’s order came without any
explanation that could make it at all reasonable.
I
emailed him back saying: “As I’ve said I will go on what you’ve told. I assume
that’s all correct. You knew I had a blog when you sent the stuff to me,
otherwise what was the point of sending it to me?”
“I am
reverting to my last communique to you, you will not discuss me on any social
media without reverting to me is that clear,” he replied.
This was followed by another email
saying, “Let me make it clear for once and for all, you will not write
anything about me or my company is that clear. Once you have run it past me I
will decide, hope you understand. Mark.”
He seems to have forgotten that he is
no longer a commander when presumable everybody jumped to it when he issued an
order.
Pearman’s investors are so happy with
him that about a year ago a Facebook page was set up entitled Kevin Pearman Scams Ntyre Itmakescents Community.
It
claims to have been founded by a group dedicated to getting all the people
together that have give Pearman money. “He is a scammer,” it says “who has
taken a lot of money off a lot of people and all of us are yet to see any sort
of return.”
Mark
posted several comments like: “It will be great to get answers from him as he
has been very doggy (sic). I have been an investor since 2008, uptodate no
return on investment.”
Another
one was: “We need to get answers from him, he does not respond to my calls nor
emails. Its time to get tough now.”
I am not sure who I like best Mark van
Rensburg or Kevin Pearman. Kevin is clearly one of my fans but about Mark I
have yet to be convinced.
Regards,
Jon, the Consumer Watchdog who does't
get intimidated easily.
P.S. Sorry I nearly forgot to mention that Cholwich is also one of my biggest fans. Here's what he had to say about me.
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The Big Difference between this, the Carte Blanche TV programme and
what I wrote about Cholwich is that what was exposed in Carte Blanch and
on my post was all TRUE |