December 23 by Brian Priest Welcome to my Mirror Trading News Review. As the Mirror Trading International company continues to sink the companies lawyers bail out and leave investors.
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Hey everyone I have more to report on the Mirror Trading International company. And I’m happy you are able to join me. So let’s dig in and see what else is in the news for our Mirror Trading Review. And then we will be up to the moment.
So stay with me until the end. And pay close attention as we dig deeper.
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Mirror Trading Review – Company Lawyers Bail Out
Hello everyone and welcome to my Mirror Trading International review. The Mirror Trading company has been in the spotlight quite a bit lately. And now the South African law firm Ulrich Roux and Associates have dropped the Mirror Trading International company as a client. And that’s a pretty serious deal. Because Mirror Trading company was counting on their legal team and even said, “We are going to fight the FSCA and win!”.
However on December 21, 2020 the Ulrich Roux and Associates stated in an open letter that:
“Ulrich Roux and Associates was formally appointed as the legal representative of Mirror Trading International on 28 April 2020.”
“We were appointed by Cheri Ward, head of communications and marketing for MTI, to assist MTI with the following:”
- “1 Legal compliance in terms of the SA Companies Act 71 of 2008.”
- “2 Legal assistance with the drafting of contracts and general litigation.”
- “3 Legal representation pertaining to correspondence received and interaction with the FSCA.”
In addition to that on their official Facebook page the Ulrich Roux and Associates consider themselves to be family and divorce attorneys. So besides just getting paid I can’t figure for the life of me what they were doing representing a Ponzi scheme. Which involves securities fraud. Because that doesn’t make any sense at all.
Ulrich Roux and Associates – Mirror Trading Review
Now it is good business and I can understand why they would hire lawyers. But regardless the Mirror Trading International company was mainly using them to silence the South Africa based critics.
And with Ulrich Roux and Associates being the legal face of the Mirror Trading International company. They have been getting overwhelmed with questions from desperate investors that want answers about Mirror Trading and their investments.
“Ulrich Roux and Associates made it clear from the outset that we were in no position to provide potential clients with financial advice as to whether they should invest with MTI, as we are not financial advisors, nor are we specialists in Bitcoin or any other form of cryptocurrency trading.”
And…
However I find it very odd that Ulrich Roux and Associates seem to have no problem getting paid from Ponzi schemes. But when it comes to victim’s of these Ponzi Schemes. The Ulrich Roux and Associates law firm just leaves these victims hanging.
“URA is in no way affiliated to MTI and can accordingly not be held responsible or liable for any profit or loss arising from any investment made, using the MTI platform.”
“In addition to this, we confirm that our firm is not a member of MTI, nor are we involved in their internal business structure.”
“URA is an independent law firm, with the sole mandate of providing legal assistance to MTI on a contractual basis, as set out above.”
Now the Ulrich Roux and Associates law firm claims that they have never invested in the Mirror Trading International company. But if that is the truth then why did Mirror Trading International and it’s affiliate investors use the Ulrich Roux and Associates name stating: “they are also a satisfied members”?
There’s more…
Now just incase you are unable to clearly see that highlighted text. This is what it says:
“Mirror Trading International is backed by Ulrich Roux and Associates. Not only do they support Mirror Trading International, but they are also satisfied members.”
And another thing that I noticed is that since the Mirror Trading International company’s CEO Johan Steynberg went missing a few days ago. A lot of the promotors of Mirror Trading International have been deleting all of their video content about the Mirror Trading International company.
Why are they deleted them?
However there are some Mirror Trading International company affiliates that think they are coming back. And are still claiming they are a legit company.
But the reason that Ulrich Roux and Associates are distancing themselves from the Mirror Trading international company is because of the possible criminal charges the Mirror Trading International may have to face.
And again Ulrich Roux and Associates denies that the law firm itself has ever invested into the Mirror Trading International company. But then I find it very strange that they would allow affiliates to promote them as the legal backbone of the Ponzi scheme. And represent them as investors slide.
Remember that Ulrich Roux and Associates was mainly used by Mirror Trading International to threaten and silence their critics. And part of that would include looking for content on the internet and acting on it.
Ulrich Roux and Associates knows that they were representing the Mirror Trading International company. And there were several cases in which they were asked to clarify their relationship with Mirror Trading International in 2020 alone.
Ulrich Roux and Associates Ignores Clarity Requests
However Ulrich Roux and Associates continue to ignore these requests. But why?
When Mirror Trading International withdrawals were suspended and with criminal charges most likely just over the horizon. The Alrich Roux and Associates law firm released this statement that includes:
- Confirming Johan Steynberg is no longer in South Africa and not contactable. (but we suspect this last claim is a lie pushed by Cheri Marks);
- MTI affiliates are not being paid withdrawals;
- URA itself has received “no clear instructions” from MTI regarding points one and two; and
- URA has been in contact with the FSCA regarding their investigation and will continue to cooperate.
“Legal representatives only act upon instructions of their clients and accordingly we are left with but to withdraw as the attorneys of record for Mirror Trading International, as we hereby do.”
And Ulrich Roux and Associates finished up by basically saying that if you got screwed by the Mirror Trading International company. Then you need to talk to the Mirror Trading International corporate office.
But my question is why are they not helping the investors who got screwed? Why not take on those people as clients and fight for them?.
So there you have it. Thing aren’t looking good for the Mirror Trading company.
Thanks for stopping by and I hope you enjoyed my Mirror trading News Review and if you have any questions or comments, please feel free to comments section below. And i will get back to as soon as I am able.
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