RickyBobby wrote: ↑Tue Feb 12, 2019 1:19 am The whole notion of this is terrifying and a warning to any other potential investors who would wish to make sizable investments that they cannot afford to lose.

If I understand this correctly, and correct me if I am wrong, you owned this property free and clear. An impostor used phony documents of ownership to get a bank to lend money, in your name, using your property as collateral. Is this correct?
A: {(We formed the Company, registered with MOC, and held the title. The whole scam is an inside job between the bank and its client)}

So then, you ended up unwittingly with a mortgage on your property, and were subject to bank demands for payment. As such, you didn't pay, as you were in protest and the bank commenced action upon you for default of the loan?
A: {(We have no clue of the loan application, Kookmin Bank granted the loan to a Bank client, an individual. Obviously, this individual did not pay a penny of the mortgage. What is abnormal is that Kookmin Bank waited for more than a year into the default, since day 1, before proceeding with foreclosure and seized my property)}

It progressed from a civil matter to a criminal action which necessitated your having to flee the country to save yourself from imprisonment.
A: {(Kookmin Bank is so powerful that they can buy Phnom Penh Court to issue warrants for our arrest, me and my wife (she only visited Cambodia ONCE for few days), despite the facts we have done nothing but investment, all funds were legally wired in from the US.)}

It is incredible this could actually happen, and I wonder how and why the government and law enforcement does not wish to investigate any of this properly for the fraud that it is?
A: {(Which government? clean one? what law enforcement? they will not investigate until your pay $$$, even if you pay, there is no guarantee that they will investigate against a giant Kookmin)}

Have you hired legal representation and commenced legal action against any and all suspected perpetrators?
A: {(yes, hired too many, even the lawyer from the US Embassy website, Khmer attorneys has no ethics, they do not work for a client, rather they work under the Court for the pleasure of their powerful superior above. We have used many lawyers, fought for 7 years. The case is still on. You can spend another 10 million another 10 years, you will still lose. They love you to bring money here to spend on them. )}

Spigzy wrote: ↑Wed Feb 13, 2019 3:08 pm You’re getting extremely repetitive now to the point of boredom. What legal action have you taken in South Korea with the parent bank and a proper legal system and regulator? None? Come back with a progress report on that- Cambodia, don’t trust anyone, especially lawyers and Kookmin bank, we get it. :thumbs up:

clutchcargo wrote: ↑Wed Feb 13, 2019 5:05 pm OP, how did you form a khmer company as a foreigner? I gather you need a majority khmer shareholder to that, no? Coz foreigners can't buy land in KOW.

If they pursuing an outstanding loan on the property wouldn't the company be the responsible entity..not you? How could they issue arrest warrants to you as individuals then?

Lee.Howard wrote: ↑Thu Feb 14, 2019 2:07 am

clutchcargo wrote: ↑Wed Feb 13, 2019 5:05 pm OP, how did you form a khmer company as a foreigner? I gather you need a majority khmer shareholder to that, no? Coz foreigners can't buy land in KOW.

If they pursuing an outstanding loan on the property wouldn't the company be the responsible entity..not you? How could they issue arrest warrants to you as individuals then?

All done by the Local Phnom Penh Cambodia Attorney, registered, with operation agreement, sound and solid. Have a full set of the legal doc.
that is not the issue, the focus is on how Kookmin Bank get involved in a personal loan against company property.
Do you read Khmer? if so, will post here next time of the Kookmin Loan docs.
This is not possible in the US or any country. The Kingdom MOC and Land registration did not have a computerized system 7 years ago.
Crime? clueless. Money can buy an arrest warrant to issue against anyone. need justification? doubted, saw it happened too often.

RB wrote:again, if I was you I would now stop engaging people in this thread and in public

logos wrote: ↑Thu Feb 14, 2019 4:46 am

RB wrote:again, if I was you I would now stop engaging people in this thread and in public

Fortunately you is not him.