Monday, 21 July 2014

ST LUCIA SIMPLY FRAUDULENT: Is VF The New Wild West of White Collar Crime?


THE SOUTHERN UNIVERSITY TOWN PLAN SCAM

 

Part of an ongoing investigation into
THE GHOST OF THE NEW FRONTIER

 
 

This town needs an enema


When Kenny Anthony first boasted that Vieux Fort was going to be a university, anyone who attended university abroad could smell the money. Even me. And you know me. Usually, all I can smell is rats.

University towns are like the best of everything. Your ‘tourists’ are long term and are generally smart, young, spendthrift people, instead of the old, stupid cheapskates who tend to populate all-inclusive hotels and cruise ships. There are no all-inclusives, so the money doesn’t trickle down, it saturates the ground, seeping into the driest cracks while simultaneously flooding the economic plain.

There is not a university town in the world that is a shit hole, something that cannot be said for tourism towns or manufacturing towns. Good universities tend to improve not just the economy but the politics, culture and spirit of surrounding areas.

My Caribbean experience of Barbados Community College (now Cambridge something or the other) and Cave Hill Campus had taught me that the artificial Barbadian community of Wanstead was, in fact, engineered as a real estate gold mine. It’s not a natural community with two bakeries and some grocery shops and a church. It’s an economic strategy, a real estate ploy to exploit the fact that thousands of Caribbean students need housing as close to campus as possible.

The original Cave Hill dorms were built before the surrounding communities exploded into residential complexes. They couldn’t serve all the students. Wanstead was a response. Every single house in Wanstead is either for rent or has an apartment for rent. Every single one.

Let the church say $Ch-ching$!

The newer dorms were built, not just to bring in more revenue for the university that created the real estate gold mine, but to act as a balance against rising rents.

It’s a neat little eco-system. Except for the fact that there is no hot bread around the corner. For me, the 24 hour auto-mart at the bottom of Cave Hill is great for a 3 am beer run, but I woulda given up all its convenience for some fresh hot creole bread. (Melting butter not included.)

Of course, Wanstead’s landlords don’t really give a damned about my hot bread fixations. Paying off their mortgages is child’s play. Owning a house with apartments in Wanstead is like winning the lottery a little bit at a time, every month, for the rest of your natural life.

That’s what the promise of a tourism town in Vieux Fort was supposed to mean. Except with hot bread in the morning. And the afternoon. And the early evening.

Wins all around.

All this and an education, too?

 

Vieux Fort was finally on its way to fulfilling at least one of its promises to become St Lucia’s second city. It was all going so well. But of course, we all know that’s the best sign that things have gone completely wrong. The smell of hot bread was imaginary. But something else was in the air. A so familiar scent…

Like I said…rats.

 

THIS ISN’T VIEUX FORT…THIS…IS…SPARTAN!!!!

 

(Or How To Strangle Little Southern Landlords)

For the last couple of decades, Spartan Medical University has been at the heart of this emerging university town. Vieux Fort has made millions on rents, services, food and drinks for the relatively few students who study at Sparta every year. Now that the school is gaining a better reputation than most schools in its category, it is getting more popular.

And its management has a brilliant idea that they should build hundreds of dorm rooms for their students. This will not only raise the university’s revenues, it will increase security for the students and encourage them to stay closer to school facilities and most importantly,…

It will strangle Vieux Fort’s little landlords, who have come to depend on the students to rent their apartments, fund their expansions and support whatever real middle class the south has left.
 

Serve them right for price gouging. For riding high without defending their economic turf. Fuck the southern middle class. Fuck all landowners. Inbred aristocrats, all of them.

Except that the southern landlords who are about to get screwed by Spartan are on our side, so, if they suffer, we suffer. Not good. Dammit, eh…

So they should lower rents to be more competitive than the dorms, right? Yeah. Sure. That’s one way to lower your VAT. Amongst others…like starving your children…and shooting yourself.

But before we light the pitchforks and set out into the night after the evil scientists who have put our people in this position, let us consider this:

Even with their massive landlord strangling scheme to construct dorm rooms, Spartan is still plus in Vieux Fort. Relatively speaking, they are still the best of the bunch in the southern university scam….

I mean, city. Town. That’s not what I said?

Lol.

What did I say…?

 

IF JE$U$ WAS LOADED...

David Singh,director of...

Oh I'm sorry, that's Je$u$...

 

(…aaaaand ACTION!)

The silent death that stalks Vieux Fort’s landlords is so stealthy, that it is mentioned in the last government’s top secret quadrant development plan and the new drafts for the Vision Plan AS A GOOD THING.

Collective national face palm.

It also benefits from the fact that some of the people who followed Spartan into Vieux Fort’s university town dream are not made of the same stuff as Spartan. Spartan is not a scam. It is a real school. A real member of the Vieux Fort community. Compared to some of the others, Spartan’s plan to build dorms that take the bread out of southerners’ mouths is child’s play.

"Who me?" Yeah, you!

 
Take what’s his name from Destiny University. David Singh. Google him. This guy makes you thank God for Spartan at the moment when Spartan is going all Xerxes on your black Greek Nobel Prize winning ass.

You'd rather this guy army than David Singh's charity

GOODREADS says he is the author of a book called TAKE CONTROL OF YOUR FINANCIAL DESTINY. He founded Fortune Financial Corp. and Infinity Mutual Funds Management, Inc. His companies hired 700 sales agents. He made millions and helped others donate millions more to charity. I mean, ‘charity.’

Who is this  millionaire genius philanthropist David Singh who dropped on us out of Canadian Olympus?

He was born in Guyana but they don’t want to take responsibility for him anymore and I don’t blame them. He’s a Canadian, although, they would rather send him on a one way flight back to Guyana. Or wherever. And under both Labour and Flambeau governments, he was one of Vieux Fort South’s favorite foreigners.


“Destiny Group of Companies selected St. Lucia this year as the destination to host their Incentive Programme which brought to the island in excess of 80 persons comprising of Executives of the Group, Independent Financial & Tax Planners, their spouses and children. They are guests at the Almond Morgan Bay Resort, Choc, Gros Islet for the period May 20 – 27, 2007 and apart from enjoying the beautiful beaches, playing golf and sightseeing tours, there was also a serious dimension to the programme when on Monday and Tuesday there was a two half day “Strategies for Success Conference” which exposed participants to information about the achievements of the Group of Companies and the outlining of new investment programmes for 2007/2008. The second day of the conference was addressed by Hon. Stephenson King, Acting Prime Minister and Minister of Health and Labour Relations and Mr. Nicholas John, Attorney at Law and Executive Chairman of the National Development Corporation. Their presentations afforded the visitors a level of comfort that will redound to substantial investments in Offshore International Business Corporations (IBCs) and real estate on the island.”

Business guru,, consultant, Christian and David Singh lover, Edward Harris

 
 
What fond reminiscence. The stuff that dreams are made of, right, Ed?

Harris continued to Singh songs of adulation for his hero. Singh was a finance mogul who went all humanitarian. Disaster relief, HIV/AIDS, rebuilding Grenada, medical donations. He healed the sick and sheltered the homeless. He fed the poor and enriched the middle class. He made millions in everything he did, including charity. This guy was better than Jesus. He was Wall Street Je$u$.

He had donated 40 beds to Victoria hospital, alone. In a handing over ceremony held on May 23rd 2007, he promised 100 more “electrical beds, millions in medical equipment, new cafeteria building (wa!),  a gym and lockers for the entire staff.”

Easy like dropping manna from the sky.

Je$u$, mweh di’w! Je$i Kwi with money and friend$ with money. And all us niggers were his nigger$.
 

In his entourage, he had celebrities…okay, Canadian celebrities, but still, these people had real internet credibility. Former ministers (Joe Fontana), former athletes (Adrion Smith). He found RARE (Responsibility, Attitude, Respect and Education) for God’s sake. Business people, bankers and politicians all had his phone number. You can count the number of local lawyers who didn’t kiss his ass.

“He has his eyes on two important areas in the financial services sector, offshore banking and money transfer business,” his good friend Harris wrote, somewhat prophetically. “His investment in real estate on the island sets the stage for a major tourism project in the Pigeon Island are. Given the network of financial consultants on his team, putting together the finances shouldn’t be a problem. The Destiny Village project is already receiving attention from locals and visitors and in the months ahead the project will be unveiled.”

That was only about 66 months ago. So, you know, it could still happen. Lol.

Since then, Canada.com has reported that the exact same David Singh who was Wall Street Je$u$ in Vieux Fort was running a tax shelter, I mean, charity, where you could claim you made a thousand dollar donation and get a tax credit for all or more than you donated. And then, to put icing on the cake, a philanthropic trust in Vieux for would send you a tax receipt for a $6000 donation of medical supplies which entitled you to an extra $2600 tax credit by the unsuspecting Canadian Revenue Agency.

A Vieux Fort philanthropic trust? I mean, really?

Literally.


Sweet.

I mean, why didn’t we think of that ourselves? Here we are trying to grow actual food out of the actual ground when we could make millions by misreporting our charity to the Canadian government. What a waste of time we are. What a bunch of Negmarron.

Canada.com also reported that Singh was the kind of maverick who got in so much trouble with securities regulators that in 2000 he was banned for five years in Ontario and British Columbia – which is basically everywhere in Canada they speak English and have financial markets at the same time.

Just the kind of guy you want to go to bed with…after smoking way too much crack…

The more we smoke, the sexier Singh gets!

Hold on for a sec. He's still not sexy enough.

Lemme get some more crack...

Richaaaard!!!!

 
The CRA concluded that Singh’s Destiny Group alone had passed off a little over a hundred grand in medical supplies as almost three and a half million dollars in purchases/donations. No, wait.  New info says it was $13 million. Wait, this just in, it was $42m…just now….

It seems three and a half mil was chump change to the maverick David Singh.

By April 2010, the Toronto Star reported that Singh had issued more than $131 million in charitable receipts in 2005 and 2006. But only a small portion of that was collected and most of it disappeared in fees to companies Singh headed or owned.


By this time, Financial Fortune Corp. and Infinity Mutual were no longer hiring 700 agents. He had to sell those after being disciplined repeatedly by the Ontario Securities Commission. By that time, he was operating pay-day-loan transfers, money transfer companies and ‘raising funds for a medical school in St Lucia.’

Oooooh…so that’s what Ed Harris was talking about…offshore financial services, indeed.

Singh claims that most of the money, 40% went to pay agents’ fees. Cathy Hawara of the charities directorate had a different opinion: “…all of the actual cash received (was) diverted into the hands of the promoters and related companies…”

For what?

“Tax shelters.”

Bitch. Thinks she’s fucking Scooby Doo. She coulda got a cut. Her loss.

But what does that mean about St Lucia? Did we take a cut? How big was our cut? Did we collect? What did we spend it on? Is there any left?

Are there notes in a law enforcement agency somewhere that say Vieux Fort’s university town has been infected by tax shelter scams? Does Kenny know about this?

Face palm. What am I saying? Of course he does. He’s not stupid. Kenny is super, super bright. He knows EVERYTHING.

Kenny knows how far this goes. And it goes way beyond what was reported in the Canadian media.
 

The brightest boy in the south.

He knows EVERYTHING!!!

 

THE VIEUX FORT UNIVERSITY INTERNATIONAL TAX SHELTER PROJECT

 

THE WILD WEST OF WHITE COLLAR CRIME


Okay, I know it sounds bad. It sounds like all the universities in Vieux Fort and maybe even those in the north of the island might be using us as a shelter for their dirty little tax shelter faggotry.

I know you’re thinking, before these tax shelter motherfuckers come and check us, they need to either pay a better minimum wage in their country or they need to pay their fucking taxes so their underpaid poor have proper social support in return for their slavery. I mean, servitude. Nah. I meant, slavery. I really did.

But that’s not completely fair.

I know you don’t care, right now. You’re thinking, if we’re going to scam the Canadian government, why don’t we do it ourselves with a certain amount of class and tropical flare, instead of letting the world’s worst con artists ruin our reputations AND bag the loot?

I mean, why should David Singh get rich when we can sully St Lucia’s good name ourselves? We don’t need help to ensure that people all over the world know the advantages of choosing St Lucia when you want to do some financial gymnastics that might (WILL!) be considered unethical (ILLEGAL!) behavior in places where there is a far better pretense of being civilized.

We could turn that into a tourism marketing tool.

Nothing says COME TO ST LUCIA like tax fraud.

Don’t you love it?

IN THE MEANTIME…

While we’re improving our tax fraud kung fu, we’re going to need some cash. Lucky for us, there are other medical schools in Vieux Fort that we can use to ‘raise money for charity’. A quick financial forensic audit should provide us with enough information to determine whether these other medical schools and universities are doing enough to promote Vieux Fort as the new Wild West of White Collar Crime, or whether they need some government assistance in the matter.

No doubt, both Flambeau and Labour and all the ass-kissing lawyers and consultants in St Lucia have gone out of their way in the past to meet David Singh’s needs. Having gotten all that free press in Canada, St Lucia is now in a position to position Vieux Fort as the ultimate destination for people who are spending other people’s money.

Improving the white collar criminal hub in the south not only diversifies the criminal economy of St Lucia, it also makes more lawyers move away from Castries, which will do a lot to decrease the city’s population of rats.

As for David Singh: He has contributed so much to the reputation, well-being and economy of St Lucia. He has kept St Lucia in the Canadian national news for years. I think it’s only fair to repay the man in kind for all his selfless good service and free publicity.

How about we sue this guy for damages? Sue him until he buys a boat on the Essequibo that only goes one way.  Sue him for the negative effects of his financial faggotry on the good name of our nation. Sue him until…

What’s that...?

We colluded with him to damage our ‘good name...?’

Which ones of us? Can we sue them too? I’m willing to go all Grynberg on these bitches if I think we might get a couple million out of it. Times are tough, pal. It’s kill or be killed out there. And this guy made a killing on us. It’s only fair that we should hunt him down and feast on his financial flesh.

In fact, cannibalizing him might be the only just thing to do.

Otherwise, we might send the signal that we are the kind of people who tolerate this kind of professional kakalakery.

What’s that? Too late? We already sent that signal through two successive parties/governments. Sigh.

Gimme a few minutes to think about my reply.

In the meantime, is it just me or do we need to do something about that smell?

I mean, it’s white collar crime. You’d think it smelled like paper, air conditioned cigar smoke, fabric softener and good whiskey.

Instead, it smells like…

What the hell is that smell…?
 
"Yes, it's true
It's not just you
I smell it too..."

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