Apologies and Justice

It is with deep regret and sincere apologies to officially announce that Richard Cayne's Royal Siam Trust Company is or rather was a certified 'Ponzi scheme'. His loyal clients who are "WSB Claimants" have a 100% guaranteed loss and zero recourse in his massive Thai land banking scam. Absolutely none of your 'POAs' were accepted by the court nor any Japan foreigners' "claim" in WSB was even accepted by the court. Those of you who believed, and had faith in Richard Cayne (the mastermind), and any of his paid legal letters can be rest assured to gain nothing back from him. Screwed twice and fair-warned.  

Once again... Richard Meyer Cayne fled to Thailand in 2010 for several reasons, the main of course being his 'RST' escape, and his lawyer advised him to take off (Tokyo) to avoid more police and FSA investigations mounted with forthcoming lawsuits (as well as refusing to turn over clients names - to the agency that is supposed to protect you). He also did not want to play by the new FSA rules and regulations (after being suspended and penalized) and hates taxes, including on the millions he bilked off his clients for RST. His SESC/FSA sanction case landed on the Prime Minister's desk, literally in 2010. An American lawyer at a Tokyo law firm even wrote about it online specifically in fall 2010.
It didn't matter, all the swindled cash went offshore (HK) in a hundred directions, so it's best just to take off and play the victim with legal letters and emails...for awhile at least.

If a final (laughable) miracle happens with his perjury and lies in a dinky Trat court many still gave Richard Cayne Power of Attorney (you could easily revoke this with a piece of paper), and the RST Hong Kong money is still long gone, and he thinks is/was his -- and the land is worth a mere million USD (two if lucky) for hundreds. The Trat Thai judge and court knows he's lying already, and a foreigner no doubt full of **** and used the Royal Thai family to profit offshore from Japan - tax free and zero paid thus far. Thailand indeed gained nothing but a foreign 'farang' problem on their turf with not one baht legitimately going to the land, and foreign investors that paid zilch in taxes for the White Sands land. A tax dodging land banking scam offshore and its victims left helpless in Japan with the BS benefactor claiming his own fraud. 

If Richard Cayne thinks he (and his staff) will outrun the statute of limitations (financial crimes) for Japan he's dead WRONG. You the victims, still have time for justice - a few years really.

FYI, the RST and/or WSB records were stolen out of Mackenzie Smith & Partners (WSB) a few years ago. A police report was filed. WSB believes Richard Cayne was behind it for sure with a Thai. Most RST/RC investors on paper are long gone or in a cardboard box rotting, and/or more than likely their records were shredded and burned. Richard Cayne asked for (ITT) RST bank transfer receipts with your POA, and this was to make it look like he didn't take the "super majority" of your RST investment funds. So essentially, stealing the investment (your) records in Bangkok needed to be done by Mr. RST himself and his staff to wipe it clean -- poof gone, and finally just play white knight. Worse, anyone who did not sign a POA for this narcissist was personally flushed down the toilet and forgotten (by him) for their Royal Siam Trust investment.

You may actually want to call or visit the police now and file a fraud report, and you can even file a report to the Japanese police, but sadly Richard Cayne already fled Japan. File a criminal complaint anyway and go on record. Dozens of other Richard Cayne and Meyer Asset Management / RST victims have.

In the end, most of the money has been traced, but Richard Cayne methodically placed in various Meyer Group offshore accounts and family trust schemes, and threatened anyone who questioned his own RST land banking scam.

Sadly, the actual recovery and justice was all covered with instructions years ago for many and Richard Cayne is burning up (10%) the rest of your RST money for his lawyers in Thailand and Japan. Feel free to contact The Royal Canadian Mounted Police (RCMP) on Richard Cayne NOW in Ottawa, Canada by email or phone. Trust us... they surely know his name.


Recent Richard Cayne Progress?

Q: So, what is White Sands Beach actually worth?

A: Less than when it was bought near ten years ago ($1,800,000) -- FACT. Even if Richard Cayne and his loyal clients magically win their case (with the new desperate letters and bogus cheap-shot tactics); and gain shared claims in the land, it will be split between hundreds of investors or his loyal clients who gave him Power of Attorney.

You, the RST victims, would make roughly a 10% recovery on your original investment (unlikely) - and that's only if it sells on the market (years). Yes, that is a fact. The Royal Siam Trust profits (90%) from the past (USD millions) are considered HIS profits ($23,000 per unit / 2009).

Bottom line: If Richard Cayne was in the clear... he would've opened the RST (bank) books to the investors LONG ago. The only thing that matters now are certified court and bank documents and past evidence of RST, and his Meyer offshore companies (Shore Ltd, Asia Wealth Group, Etc. Etc). The documents floating around on Mackenzie Smith were paid for by Richard Cayne or RST. Please read them carefully just like the recent legal letter. Look VERY closely and think. Richard Cayne never paid White Sands Beach a dime and that is a FACT.

All the jealousy, insecurities, scapegoating and biased people involved will be put to rest very soon. This blog was about the case of Royal Siam Trust/ 'RC'- a narcissist, the land banking scam, he the director himself, his abuse and stuck to the relevant facts of the case.

More than likely, Richard's past English teaching days long ago (1995-97) in Japan and others are getting the best of them. That is a respectable occupation over his new and now past one. Half of the RST investors are teachers and the other half are delicate Japanese who could find no recourse for help in this. This was Richard Cayne's real motive-- his prey in Japan. In the end...with Richard Cayne.. your money is long gone. 



IMPORTANT NOTE: Richard Cayne's sock in your mouth and get out of jail free card with each of you and an attempt to protect himself on his Royal Siam Trust Company "WSB Representation". He may have given you ( threatened ) this document and demanded it to be signed or "no WSB claim" - or to simply shut you and your family up ( that he surely never signed himself ). A ridiculous gag order - release waiver ( RST ), confidentiality "agreement" for his RST crime so you won't go to the police or sue him wherever he lurks. Sadly many of his victims were fooled again and this is invalid if NOT signed, witnessed and notarized by him and you having an original copy.


Brief Note

WHY pay your Royal Siam Trust investors and clients back millions when you can pay your lawyers 10% (or more now) to stall and make you give up?

John Formichella, (or as Richard Cayne refers to him, "my lawyer") of BRS Law - the very same man and firm originally hired to go after him - has prominently joined Cayne's shady business front, Asia Wealth Group Holdings Limited (RST). This can easily be attributed to a complete lack of ethics, personal motive for financial gain, and is most certainly a conflict of interest. This goes well beyond simply milking Richard Cayne for legal fees (and a few others on the gravy train) to support his lies with your money. Times are tough in dodgy Thailand these days, and this cover up is about to end. Part 2 coming this summer, followed by the final installment, Part 3, which will include a full video (with details and hard evidence, including court documents) explaining what happened. http://www.asiawealthgroup.com/management-team.html

BRS LawのJohn Formichellaは、リチャード・ケインの弁護士であると同時に、リチャード・ケインのAsia Wealth Group Holdings LimitedのSenior Adviserでもある。これは、利益相反行為(Conflict of Interestにあたるのでは?



December 2nd 2013 to February 1st 2014:

Richard Cayne has formally admitted in Trat court that he established Royal Siam Trust Company Limited (RST), AND that he is the Director of the company in St. Lucia. As expected, his lies continued while purposely mumbling to the court and trying to avoid clear translations from English to Thai with other incredulous reasons for his actions since he founded Royal Siam Trust Company. In all truth, he was embezzling and using his Meyer clients' money (not for WSB) and "for tax efficiency" or better put - to avoid paying ANY Thai or Japanese taxes AND use your RST money. 

Remember that RST – NOT White Sands Beach - is where YOUR funds were sent.  

"RST” (Est. 2004) is an offshore front company with a bank account in Hong Kong, where your funds were received. Some investors have, through Richard Cayne's deceit and manipulation, been brainwashed into believing they are a "WSB Claimant". While it is true that you possess a WSB share certificate and a tiny share in the land on paper, the problem is this: Not one dime made it to this land. Instead, these funds were diverted entirely to the RST fabricators and beneficiaries: Richard Cayne, his Japanese wife, brokers, and RST partners. White Sands Beach neither received the money, nor are the bogus complaints filed to the court asking for any of these funds to be returned.

Regardless, you should contact Richard Cayne and/or the Meyer broker you dealt with directly by email or phone ASAP, and inquire about YOUR RST funds and if the above is true. You may also want to ask quite candidly if Richard Cayne is still the current Owner and Director of Royal Siam Trust. We can assure you, he will deflect and lie about the answer by phone and will almost certainly not reply in writing to this by email, and in all probability, blame WSB Co. or others.

Furthermore, you may also want to inquire why RST is still active and not closed (wound down) in St. Lucia (the actual offshore company). We will generously hint to you that it relates to the above. Richard Cayne has recently renewed the company registration for the tenth consecutive year and we know why. These shenanigans and lies have run their course, and the abuse will end quite soon. The truth and options for a private financial recovery excluding Richard Cayne and his partners were expressly given to the RST investors over the past several years.

The next round of time-wasting hearings for Richard Cayne and a handful of POA signing investors in Trat will take place during the week of February 24th to March 2014. Expect another "FOR CLIENT USE ONLY" legal letter, in much the same vein as previous letters, replete with excuses and stalling in April.

Why would WSB "settle" with the people who embezzled your money, refused to pay them, and abuse them (and others) with perjuring testimonies and lies?

The first RST brochure as the "Operator" and "Planning Funds" is provided for a reminder. This was in fact designed and written by Richard Cayne and his wife.



UPDATE: Royal Siam Trust / ロイヤルサイアムトラスト

UPDATE: Will Richard Cayne or one of his few remaining POA signers for fraudulent claims against WSB show up for their hearing tomorrow (Dec. 2, 2013) in Trat?

Richard Cayne has skipped most of the court hearings already and continues to use *your* RST funds to pay legal fees to try and get away with this. Word has it to expect a newly assigned Thai attorney to ride out this continued perjury and other underhanded tactics in court; the previous attorney resigned from the case and firm for very obvious reasons. If you would like to file a complaint against Royal Siam Trust and/or Richard Cayne, his cronies (AOIA) and Japanese brokers, please contact the below. They are well aware of Meyer International and/or Richard Cayne and what he did and is continuing to do.

Kanto Local Finance Bureau Securities
Regulatory 1 Division Phone: 048-600-1155
Email: syou.kan1@kt.lfb-mof.go.jp
Remaining Royal Siam Trust Co. Ltd funds can be found here: http://www.isdx.com/infostore/Company-Accounts/AsiaWealthGroupHoldingsLtd/asiawealth2013.pdf
(These "planning funds" were supposed to maintain and purchase your WSB land investment; instead they (Asia Wealth Group) maintain the Meyer companies and Cayne family lifestyle in Thailand)
UPDATE: 明日2013122日、リチャードケイン、あるいはWSBに対する訴訟で彼に委任した者はトラットで行われる口頭弁論に現れるだろうか?
リチャードケインは、既にほとんどの口頭弁論に出ることもなく、RSTのランドバンキング詐欺事件から逃れようと、私たち投資家のRSTへの投資金を使って弁護料を払い続けている。噂によると、新たに担当になったタイ人弁護士が、相変わらずの偽証や他の手不足な戦術で切り抜けようとするとみられる; 前の弁護士は、明らかな理由でこの裁判の担当、そして弁護士事務所からも辞職したという。ロイヤルサイアムトラスト(RST) / リチャードケイン、仲間(AOIA)そしてメイヤーの日本人ブローカーの件を報告したい場合は、下記に連絡して下さい。関東財務局証券監督第1課の担当者は、メイヤーインターナショナル / リチャードケインのこと、そしてメイヤーがしたこと、そしてまだやり続けていることについて、既によくご存知です。
さいたま新都心合同庁舎1号館 関東財務局証券監督第1課
山口(TEL 048-600-1155
証券監督第1課(関東財) <syou.kan1@kt.lfb-mof.go.jp>

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