Showing posts with label telkom. Show all posts
Showing posts with label telkom. Show all posts

Sunday, July 2, 2017

PETER BRUCE & THE JOYS OF JOURNOS MAKING THEIR OWN HEADLINES

Dear Peter Bruce, Tiso Blackstar (formerly Times Media) Editor at Large,

          I see you have been having fun with the Guptas. As a journalist the joys of exposing the crooks of this world are never ending now that they can easily hit back via the internet.
          Unlike writing for a newspaper they don’t have to worry about whether what they tell the world is true or not because it’s so difficult to track them down.
          Of course my blog is not in the same league as the publications you write for, but I have taken my share of crooks to task over the years.
We are never too old to learn and your experience has taught me a few things that I hadn’t thought of up to now.
          While you have been accused of cheating on your wife the wide boy I wrote about was not quite so direct when he implied that I was a paedophile who had been jailed for “spreading child pornography.”
          Having smeared me like this in a post he emphasised that whatever the truth people always believed the worst. He then went on to say “that was just a story, but it happened to someone you know.”

          His purpose was to try and show that what I had written on my blog about his criminal activity was an equally fabricated story. Unlike your case where the author was not identified he openly headed his attacked on me with: Kevin Cholwich Labeled (sic).

          After you wrote some not too complimentary things about that immigrant Gupta family, who has capture the imagination of South Africans in more ways than one for years now I see they set up a website to get their own back.

          As you wrote in your latest Business Day column they had you secretly followed and took pictures of you and your wife walking the dogs as well as when you went to a business to order custom made collars for the animals.
          “When the owner walked me back to my car and gave me a goodbye hug they photographed that too,” you told us. That it seems was their basis for saying you had been unfaithful to your wife.
          But if you don’t mind me asking Peter who gets a “goodbye hug” from the “dog collar lady” as you called her unless she happens to be a close relative or…..
          Anyway I can tell you now that after reading about your experience I have stopped hugging our 23 year old, blonde model-like, dog parlour owner every time I take our two poodles in for a cut.

          You never know who is waiting round the corner with some high tech camera ready to catch that compromising moment.
          Also if we go for a walk with our grandchildren I keep well a way from them. My wife can be holding their hands on one side of the road while I just wave to them from the other side.
          You can imagine what my friend Kevin or others I have upset might do with a picture of me looking lovingly down at my six year old granddaughter, especially after the seven year prison sentence Kevin claimed I had been given.
          What got up his nose was a post I wrote in May 2012 in which he was mentioned:noseweek exposes dearjon. A shortened version of it appeared in Noseweek South Africa’s only investigative magazine. Cholwich and his partner in crime Francois Buys had just been exposed on Carte Blanche, the TV investigative channel, as having defrauded numerous people out of a total of more than R100-million with a variety of scams.
          Buys was the only one of the two who had the guts to appear on the show to answer the allegations made against them. The experience evidently proved too much for him because he hung himself a few weeks later. And you don’t do that if you are innocent.
          By coincidence the main thrust of my post was about how I had tried unsuccessfully for years to get the Sunday Times, a paper in your media stable, to stop carrying get-rich-quick advertisements, many of which turned out to be promoting the scams run by Cholwich and Buys. As long as their advertising kept coming in this paper that is promoted as being an expose` publication conveniently ignored their dodgy activities.
          In a different series of posts I also upset the smooth talking Kevin Pearman by shining a light on his shady investment scams. He managed to briefly con Cell C and Telkom into allowing him to sell their services through a network of agents with the only winner being Pearman. He also used the Blue Bulls rugby club logo to promote a scheme that offered unbelievable interest returns. People who invested hundreds of thousands lost it all.
          At one stage Pearman employed Cholwich to sell for him.
          For a long time after my last post about Pearman’s shlenter deals I got anonymous calls on my land line in the earlier hours of the morning. And in an email I saw he blamed me for Buys’ suicide.
          For two years I wrote a hard hitting column Business is Business in the Sunday Times in which I took big business to task for behaving badly. But that was in a different era.
          Things are a lot worse now that anger, spiced with all kinds of lies to attract the most attention, can be easily whipped up in seconds on the internet.
          When you get threatened by a Gupta linked mob surrounding your house journalism is getting more precarious than ever in this Wild South that we now live in.
          Now we have to convince people, especially our wives, close relatives and friends to forget about the old saying: "You can’t believe everything they write in the papers” and replace it with: “Don’t believe anything about me that they put on the internet.”
          You do have the advantage of having a big group behind you. Bloggers like me are on our own.
          Perhaps it’s time for all of us journos to go back to reporting on church fetes and bowls matches
          Happy hunting,
          Regards,
          Jon, the Poor Man’s Press Ombudsman and Consumer Watchdog.
P.S. As some of my posts revealed the established media have a lot to answer for on occasions, so they can also be no better than the internet at times. It’s just that it’s a lot easier to find out where to deliver the summons.
P.P.S. Presumably your firm’s new name of Tiso Blackstar is to dispel any notion that it might be financed by that much maligned “white minority capital.”  

Wednesday, September 9, 2015

GUESS WHO SAYS HE'LL PAY BACK THE MONEY?

Dear Investors,
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.
          After my various exposé’s 
(Blue Bulls Logo Hijacked ; 
Telkom Scheme Scuppered ;
Blog that nobody reads ; 
Cell C Scheme Blocked ) 
about the many people who have lost money
with Pearman I got a series of emails from 
Mark Anthony Janse van Rensburg.
          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.


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.”

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.”
      
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 
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:
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.




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
                
            

Wednesday, April 22, 2015

HIJACKED BLUE BULLS LOGO USED IN INVESTMENT SCAM

Dear Investors,

         The Blue Bulls logo in a colour newspaper advertisement was the stamp of approval that convinced people that the investment opportunity being offered was kosher.
          It told readers that this was the “Business opportunity of a lifetime” where they could earn a “Phenomenal income.” 
          It was said to involve a product used in the medical and sporting fields that was already “successful in 43 countries.”
          “Our product is approved by the Blue Bulls Rugby Union and other rugby unions and sports bodies will follow shortly,” it claimed.
          The investment required was R140 000.


          The Blue Bulls is one of South Africa’s best known rugby clubs and plays in the Super Rugby tournament under the Vodacom Blue Bulls name.
          “The Blue Bulls logo had a major impact in influencing me to invest,” said Rodney Lauder a retired bank credit manager.
          The ad appeared in the Beeld, the Afrikaans daily newspaper that is said to be the most quoted paper in South Africa.


          There were also others. One in the Sunday Times on 7 October 2012 for instance made this unbelievable claim: “Earn R25 000 passive income every month from January 2013.” The capital required was R250 000. To make it even more enticing this ridiculous return was “Guaranteed or your money back.” 

          Another one in the same paper on 14 October 2012 offered the same incredible income and guarantee on R200 000 with payments beginning in December 2012.
          At the bottom of both these ads was the name of the company The World Loves a Winner (TWLW) with the same telephone number and an address at Hanger 2, Rand Airport, Germiston.
          This Rand Airport address also appeared in the Beeld advertisement and was where the owner of the company, pilot Kevin Pearman had a flight school.
          He left Rand Airport about three years ago and when I asked the airport manager Stuart Coetzee what happened to the flight school he replied: “I can’t tell you. I’m not getting into that.”
PEARMAN

         Pearman has a history of making too good to be true undertakings in advertisements to get people to put money into his various get-rich-quick schemes which don’t produce the promised riches.
 See previous posts.
Telkom drops Pearman
Blog that nobody reads   
Cell C's strange deal
Big business shuns little man
                          
          This Bulls campaign netted him R1.1-million.
          Lauder put in R150 000 and some of the others, one of whom was disabled in a wheel chair, used their pension money, he maintained.
          The others were: Gideon van Zyl, Eddie Mabusela and Razia Hassan R200 000 each; Tony Baker R150 000; William Chauke, Sivanander Pillay and Noko Gnoebe, R50 000 each.


          The money entitled them to become licensees for Heat in a Click (SA) Ltd (HIAC) represented by Jess Cawood, although oddly all the shares were in the name of his wife Johanna Petronella Cawood. It was suppose to have the exclusive South African rights to market the products of the London based Heat in a Click.
          The products were said to consist of a variety of re-usable heating pads to treat muscle and related ailments.
           As the authorised broker Pearman had the investments paid into TWLW’s bank account. This was despite the fact that all the licensing agreements were with Cawood’s company, which gave money back guarantees in the contracts investors signed even though it had not been paid any of it.
          On his heat pad website Pearman stated that a minimum of 50 stands would be placed in shopping malls to sell the product. It showed a picture of a stand that was said to “produced an average profit of R5 000 a day.”
          It went on to say that a net profit per stand was projected to be R150 000 per month and 50% of this would be pooled to be shared equally by the licence holders.
          On this basis if there were only 50 licence holders they would each receive a “passive income of R75 000 per month.”
          Other hard to believe claims on the website included that “over the past few months a feasibility of the product was done here in South Africa by introducing it to a diverse range of potential markets ranging from doctors, school children, vets, maternity wards, physiotherapists, beauty salons, spas and a variety of sportsmen such as rugby players, hunters and fishermen, and this study proved that the product sells itself and that the retail pricing is extremely affordable.”
          “We were never told anything about this and I don’t believe it was ever done,” Lauder told me.
          The investors were not aware that the Bulls club had never authoriZed for its logo to be use in any investment promoting advertisements.
Darryl Kroll, the Club’s brand promoter had this to say when I sent him a copy of the Beeld ad.
          “I’m flabbergasted; we would never have approved that. I cannot believe how unscrupulous and devious people can be. It saddens me.”
          He told me that one of Cawood’s companies was “licensed purely to distribute Bulls branded Heat in a Click packs to retailers in South Africa.”

          “But there was shortfall of the minimum guarantee and they were put in breach once they did not pay.”
          He added that they tried for months to get hold of Cawood to get what they were owed but he seemed to have disappeared. As far as he knew no Bulls heat pads ever got to the market.


        And no stalls were ever put in any malls, according to Lauder.
         Inevitably the investors began complaining that they had not received any of the promised income. The money back guarantees in the agreements they signed were not honour and they soon realised they had lost all their money.
          Pearman and Cawood then accused each other of fraud.   
          “I’m sure they were working together,” said Van Zyl, an IT specialist. “We were told so many lies.”
          However Pearman denied this saying that he was duped by Cawood and that was the reason he laid a fraud charge against him.
This was done at the Germiston Police station, but the prosecutor declined to take it any further as it was regarded as a civil case rather than a criminal one.
          In an affidavit 62 year old Pearman, who lives at 21 Chaucer Avenue, Senderwood, Bedfordview, Johannesburg, stated that on the basis of an agreement he had with Cawood he recruited the investors. Approximately R500 000 went in his expenses and R441 475 was paid into the Absa Bank account of Cawood’s wife.
          On 19 January 2013 he stopped doing business with Cawood and in terms of a termination agreement they both signed Cawood agreed to continue with Heat in a Click in the “best interests of the investors.”

DISGRUNTLED INVESTORS HAVE OPENED THIS FACEBOOK PAGE

          After this he was surprised to learn that Cawood was doing nothing further and in April 2013 he contacted the London Heat in a Click only to be told that they had not given Cawood the sole South African rights and that “this could be a fraudulent scam.”
          In a letter to an Inspector at the Companies and Intellectual Properties Commission, to whom the investors had complained, Cawood’s lawyer Neels Grobler said according to his client Pearman and his company were only mandated to find buyers for the products.
 “At no stage was he given permission to obtained investors and at no stage did Heat in a Click receive the money from the investors,” he wrote. “At no stage did Mr or Mrs Cawood representing Heat in a Click sign any of the investors’ contracts.
“We have appointed our own forensic investigator to investigate charges of fraud against Mr Pearman.”



On 21 January 2013 Pearman sent a circular to the investors saying that “an extremely exciting new avenue has opened up for our sister company which demands our total attention. Consequently from today The World Loves a Winner will no longer handle any responsibilities for Heat in Click.”
He referred them to Cawood and his company HIAC which he maintained was now in full control of the business and “all plans remain exactly the same.”
In a letter to the investors dated 28 February 2013 Pearman told them that although he had ended his relationship with HIAC “we felt morally obliged to ensure that none of the investors loses their investment.”
For this reason he was putting pressure on Jess Cawood to honour his agreement to put stands in shopping centres and to begin marketing the products.
“Rest assured we will make good our promise to liquidate HIAC and appoint a liquidator to manage the business in the sole interest of the investors.”
He stated that his attorney Frik Weldhagen had been instructed to do this immediately after the expiry of seven days unless he got a satisfactory answer from Cawood.
Good hearted Kevin added: “Please be aware that we are instituting this action at our cost on behalf of all investors and will not be seeking any contributions from you.”
But like a lot of Kevin’s promises this never happened. “There was no point in throwing good money after bad,” he told me.
THE FACEBOOK PAGE

He assured me he was not a crook and proof of this was that he had even given one investor their money back towards the end. Asked who this was he could neither name the person nor give me the amount involved.
Eddie Mabusela, who had a small construction business in Pretoria, told me that the loss of his investment affected him “big time.”
“I’m broke,” he said. “I put all my savings into this and they ducked and dived.”
Pearman once told me he has never hurt anyone. I suppose leaving somebody “broke” doesn’t count and taking hundreds of thousands of rand from people, many of whom could ill afford to lose it, doesn’t count either.


Regards,                                                             

Jon, the Consumer Watchdog who stands up
for the less fortunate when nobody else will.                  
                                                                                 
P.S. When Rodney Lauder began complaining that there had been “misappropriation of funds and a total misrepresentation of the business” he started getting anonymous calls on his landline in the middle of the night. Odd that, as I had the same experience (See my post “Blog that nobody reads.”).


Wednesday, February 18, 2015

TELKOM SCUPPERS ANOTHER KEVIN PEARMAN GET-RICH-QUICK SCHEME

Dear Readers,

         Hundreds of people promised lucrative jobs in another of Kevin Pearman’s get-rich-quick businesses have been left without them.
         And what happened to the money South African investors might have given him is anyone’s guess. 
         HIS INVESTORS ARE TIRED OF HIS EMPTY PROMISES.
         A Facebook page has recently been set up headed “Kevin Pearman Scams Ntyre Itmakescents.” It has nothing to do with me but claims to have been founded by “a social group dedicated to getting all the people together that Kevin Pearman has taken money off.”
  


         Last month in a Sunday Times advertisement he was telling would be investors that he could turn their R50 000 into R200 000 in a year. It was “the best passive income opportunity ever,” he claimed.


         He has given similar undertakings before.
         It was dependent on the success of the contract to market mobile airtime that his The World Loves a Winner company trading as It Makes Cents (IMC) had with Telkom.
         The only problem was that after IMC signed up 4 532 agents in only three months up to December last year, if the website is to be believed, and “created 6 288 jobs since 1 September 2014” Telkom terminated the agreement. This was confirmed to me by a Telkom spokesman.
         Had Kevin’s “tarnished image” caught up with him once again?
         Telkom was the second mobile phone provider to sign a marketing agreement with Pearman only to cancel it. He had a another one with Cell C which was revoked three days after I asked the then Chief Executive Alan Knott - Craig if the scheme had Cell C’s blessing.


         At the time Pearman was told that Cell C believed his marketing plan was a “get-rich-quick pyramid scheme” which he denied. 
         Pearman maintained that by selling Cell C sim cards his agents could “easily make R800 000 per annum or get there quicker.” Agents had to pay R600 to get started and Pearman had recruited 140 of them before Cell C reneged on the agreement.       
         Many of those recruited for Telkom were poor people lured by Kevin’s pie in the sky predictions that his firm would sponsor and train agents to start their own businesses in which they could earn “at least R300 000 per annum.”
         The firm’s website, which was effectively taken down soon after I began making inquiries, stated that the business had two sides: the Passive Income-Opportunity Participants (PI) and the agents who were responsible for bringing in the money by selling Telkom airtime.
         For every PI there were to be five agents contracted to meet an “easily obtainable, minimum performance.” After IMC took its cut the money earned would be split between the agents and paying the investors.
         He also undertook to pay the agents and his PI investors monthly, something that hasn’t happened.
        
        Keith Buncombe, who became an agent in August last year and who has 60 subagents under him told me, “Nobody has got paid any money yet.”
         Buncombe, a pastor at a small Port Elizabeth church, was trying to boost his income. He said that in September last year he received 3 000 Telkom sim cards after he and other agents had been on a two day Telkom training course. These went quickly and in December he got another 3 000.
         When I spoke to him on 11 February this year Pearman had not yet let him know that IMC was no longer an authorised Telkom vendor.
         Buncombe was one of the praise singers in a video competition on the IMC website extolling the virtues of the business and Pearman’s expertise. He described Pearman as an “absolute genius.” But I don’t think he is so convinced of this now. He won second prize of R2 500.
FIKISWA MABANDLA

         First prize of R5 000 went to Fikiswa Mabandla from Port Elizabeth. She said It Makes Cents would change so many people’s lives “especially in the Eastern Cape where there’s so much unemployment.”
         The third prize winner was Wally Scholtz who told of how he had signed up 41 distributors in just nine days. “I have a goal to become financially free,” he added.  
         The IMC January 2015 news letter revealed that Xybanetx, a leading management advisory firm had become a “shareholder/partner.” Its impressive pedigree doesn’t fit with the Kevin Pearman image. It has done consultancy work for firms like Absa bank, Nedbank, Standard Bank as well as Daimler Chrysler, Ster Kinekor Theatres and various other blue chip companies.
                
Craig Lutwyche

In an effort to verify the News Letter’s claim I sent emails to both Craig Lutwyche and Carlo Mariani, Xybanetx’s founding directors. They never replied although their PA Jennifer Sagnelli assured me she had alerted them to my inquiry.
         Pearman was just as elusive.
Carlo Mariani
         The News Letter disclosed that IMC would be applying for a license as a Financial Services Provider (FSP) and would be adding life insurance and funeral policies as well as medical aid schemes to the portfolios of its agents.
         The PI will cease with the inclusion of the new partners and will be replaced with an Investment Opportunity that will provide a fixed, guaranteed return for a year. This will form part of the financial services offered when the company gets its FSP license. But it will provide nowhere near the income available from the current PI model.
          If Pearman or any of his companies gets an FSP license it will be a disgrace.


FROM THE FACEBOOK PAGE

         Kevin specialises in get-rich-quick offers through advertisements in the Sunday Times and possibly other papers. It is doubtful however whether anybody who has invested with him has got the returns promised or even had their money back.
         The first one I came across was for a shareholding in his N-tyre Solutions that owns his a tyre monitoring invention for trucks. This was said to have an enormous tyre saving potential. So much so that Pearman told me that one of the world’s largest tyre manufacturers offered him $10-million for the rights so they could prevent it coming on the market.  Inexplicably he turned this down to market his baby himself.
         That was 12 years ago shortly after he won three design awards for his invention. Ever since then he has been struggling to get what was described as a “brilliant concept” on the road to make him and his shareholders the millions he believes it is worth.
         In the Sunday Times he promised that an investment of R100 000 in N-Tyre would be worth R2-million in four years.  



         I once told him that although he believed his schemes were great investments he still resorted to very dubious advertisements in the Sunday Times. He replied, “The ST is rudely expensive and I simply must do whatever I can to get to talk to people.”
         Pearman’s next advertisement enticed people to doubled R50 000 in a year. This was in his Heat in a Click venture that sold reusable gel heating pads for muscle pain relief.
         He told me he went into this towards the end of 2012 to raise sufficient money to “finalise my N-Tyre business and to rectify my already tarnished name.”
         His The World Loves a Winner company was offering licensing agreements at R300 000 (a favourite number of his) a time.
         Not long afterwards he said he had cut ties with Heat in a Click because of a disagreement with the other partners.
        
         The Blue Bulls rugby club was persuaded to allow its logo to be used on the pads. But the club never made a cent out of this.
         Darryl Kroll the club’s brand promoter told me that they cancelled the contract and although they were owed a lot of money they could never get in touch with the people involved despite “months and months of trying.”
         Last year Pearman said he started as a Cell C reseller “out of necessity to raise the R2-million I need to launch N-tyre myself as the potential is now better than ever with the strong possibility of the insurance industry embracing it.”
         His efforts to find a large company to back his tyre invention had proved fruitless.



         At this stage he stated he had 450 N-tyre shareholders, although none of them appeared to have had any return for their money.
          The world does love a winner but so far Kevin Pearman has proved he is not one of them. And it’s extremely doubtful if anybody who believed in any of his get-rich-quick promises ever became one either.
         If any of you put money in Kevin’s latest project don’t say I didn’t warn you.
         Yours faithfully,
         Jon, the Consumer Watchdog that tells you about people like Pearman when the main stream Media doesn’t bother and happily takes his advertisements.

P.S. See:
Blog that nobody reads
Cell C's strange dealings
Big Business turns on little man