tag:blogger.com,1999:blog-6053742716563527719.post7551011646924246833..comments2023-08-03T16:34:45.488+08:00Comments on Easy, Affordable, Early Retirement in Paradise?: 'V8 Motorcycle & Parts Dealer' - InvestmentUnknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-6053742716563527719.post-84865754947306415722010-03-30T12:37:54.806+08:002010-03-30T12:37:54.806+08:00What did Catherine L. Soronio did with the alleged...What did Catherine L. Soronio did with the alleged Php350M that she conned us Angel Invester/Dealers out of?<br /><br />Sure some 900 x Zongshen Motorcycles did get imported to Cebu, Philippines, from China, to make the 'scam' appear 'real', as well as the growing chain of Showrooms around Cebu. Perhaps it was NOT a 'Scam' to start with, but become one, when she managed to 'obtain' such a large amount of funds in what less than 6 months.<br /><br />Catherine L. Soronio never even spent Php10M on paying 'Zongshen' for those imported Motorcycles (which they shipped with essential parts missing, because the full payment had not been received from Soronio). This caused the collapse of the Business Plan (if indeed there was truly one?). This no profiuts were being generated from having such 'V8 Motorcycles (OEM Zongsen), being sold from that chain of showrooms and with Financing from her Banks.<br /><br />I am looking forward (if ever?) to that Arrest Warrant being issued, following the filing of Syndicated Estafa Case against Catherine L. Soronio by Cebu City Court Prosecutor, Atty, Labata.David Whittallhttps://www.blogger.com/profile/05382093788676297542noreply@blogger.com