Wikifraudsis in receipt of evidence from
several sources thatleads us to believe that
this company may be a fee or investment scam. We
intend publishing further information on this company and the
behaviour of its founder, Scott Mundell, in coming days. Meantime,
potential investors are urged to undertake the utmost due diligence
and seek competent legal advice before risking one dollar with this
outfit. We also believe that he and wife Carmen may be about to "do a
runner" as his wife's business, Wicked Weddings of Leederville WA has
just been listed on Gumtree for $100 (yes, one hundred dollars!) - see listing.
This shop is almost next door to the Leederville Police station, so
they may not need to look very far to find him, as he often pulls in to
grab some walking around money. Mundell meantime, full-time member of
the latte set, is running around in his shorts and thongs, and filling
his white Porsche convertible (1CTY 343) and paying the servos with
other people's cash, or what he's grabbed from the shop that day.
Sources we have so far show that he has snatched over $1.2 million from
a combined six to eight people. More importantly, the dress shop above is the registered office for Halston Capital !
What sort of international wheeling and dealing business operates out
of a goddamn dress shop, which is now up for sale provided someone
takes over the lease. Where's Halston Capital going? . . . .
Nowhere of course! Pack up the certificate of incorporation and stick
it into the glovebox of the Porsche, and take off.
_______________________________________________________________________________________________________________________ Associate: Jackie Gurr:
This woman is either stupid or crooked, or both. We think crooked, in
fact we are certain she is nothing but a sophisticated scammer.
We have a complaint with lengthy
details from an "investor" who has lost 400,000
dollars through a shabby instrument trading deal set up by Gurr, a former
Macquarie Bank operator, in concert with Scott Mundell and Halston Capital.
Any which way we look at all of the evidence and
correspondence we have on this matter, Gurr coordinated the payment of
from our complainant to Mundell via a personal loan. She failed to do proper due diligence on
claims on the trading instrument, and was involved in the fund-raising
between the complainant and others. Promise after promises to return the money have been broken
over the last four years. Her promises and that of another associate are worthless.
Wikifrauds has corresponded with Gurr on several
occasions, and we have received the same promises that the complainant
repaid "soon'. Never happens. This has been dragging on for four long
Correspondence and documentation on this may be made available to readers at
our discretion, but meantime, here below is a sample set of emails between Gurr
and Mundell. Read from bottom up. This link will take you to one of Mundell's Trade Program Loan Agreement Documents
Gurr [mailto:email@example.com] Sent:Friday, 20 January 2012
6:24 PM To:<firstname.lastname@example.org> Subject:Re: Scott Mundell
RE: LOC against the HSBC MTN Hi Scott,
Thank you for the update below and based on our discussions I
am comfortable with proceeding forward with the HSBC $350M instrument that we
have a call option on and with the Singapore Private Trust group selected to
secure the line against the instrument.
I trust you are well.
I have a RWA letter date January 18, 2012, from a Singapore
Private Trust who are prepared to offer up to EUR 500M in a LOC against an
instrument supplied by Halston Capital. They have reviewed the HSBC 350M
instrument and are content with the instrument and would like to proceed. I have
never worked with this group before. However, they do come highly recommended
and I have "indirectly and discreetly" confirmed that they have the financial
capacity to provide the LOC through Barclays bank in Singapore.
Unfortunately I am not at liberty to provide you with the RWA
letter, or the name of the group until after the transaction is completed.
However, I can assure you that I DO in fact, have the letter in my possession.
Do you wish for me to proceed with the call option of the HSBC
instrument despite the fact that this instrument is slightly over the
"suggested" financial threshold of EUR 300M?
I will await your instructions.
Don't worry, I have worked out a plan with xxxx to try to work on Paul
to get the crap removed from the website as part of Xxx paying Paul out and
taking over any future transaction directly with HC. Xxxxxx just signed with
a major investment bank out of New
York for $75m investment into XXX so we have the
funds to pay back Paul but only on our terms now.
Thanks for sharing
the information below. The dilemma I can
see is that Xxxxx has agreed to takeover the transaction and return Paul's
funds on behalf of HC so not sure how much leverage we have over getting Paul's
assistance to help remove the comments.
It would appear John
will not be that cooperative and particularly given there is a second group now
involved makes it even more difficult. I will discuss with Xxxxx tomorrow. Lets talk further
then. Regards Jackie
Halston Capital web page is a deliberate attempt by Mundell to
camouflage the facts and to attempt to discredit Wikifrauds. It is
false and misleading in as much as it makes certain claims of innocence
on Mundell's part and is designed to give the reader the impression
that the Australian Federal Police and The Australian Securities and
Investment Commission have cleared his name. Not so. What follows the
links to these government agencies has been written in the third person
by Mundell himself.Neither agency ever produces such comments.
Further, he refers to a Federal Court matter which we are unable to
comment on, save to say that Wikifrauds has NEVER lost a case in any
court. Mundell also refers to the writer as using a ficticious name.
This is not so and our own home page clearly identifies the writer's
details. Further, we have invited Mundell to take legal action against
us at any time, and we do so here again.
He also states that
Wikifrauds is a fee-based website. This is also a total fabrication.
And there are more victims of Mundell than the two named on his web
page. I take this opportunity to again warn reades of Mundell's
behaviour and refer to his threats of violence against me personally. (Link to threat)
we wonder why the Bank of Costa Rica is interested in Halston Capital.
Our web page monitor service shows this recent visitor to this page on
This is not the only bank or authority to view our web page.
Macquarie Bank were also recent visitors, as have been several
John Carter, Editor Owner, Wikifrauds.
_______________________________________________________________________________________________________________________ UPDATE April 21, 2013: Mundell is now trying to flog a 1937 Chinese Government War Bond. According to Mundell, this pre-war Nationalist Government Bond
is allegedly worth potentially millions of dollars. He has tried to
have a financial investor in the USA who contacted us last week, open
an account with the Bank of America into which he can then deposit a
so-called "Pioneer Bond" for some $500 million! And he is also
offering to have another similar bond, or maybe the same one, sold to
repay a number of his
"investors" if they accept this and drop their pursuit of their money
through other means. What a joke. These bonds are available all over
Ebay as collectable memorabilia - see sample
or search on Ebay for yourselves. There seems to be nothing Mundell
will not try in his efforts to scam anyone, anywhere, anytime.
Here's part of his sell job to one aggrieved investor who has already lost $400K to Mundell: (Quoted from an email from Mundell)
"We presently have a 1937 $100 Chinese Liberty bond in
trust with our attorney. The Chinese Government and the IMF are presently
redeeming historical Chinese bonds to satisfy the historical debt that is owed
by China from the issuance of bonds during the late 1800’s and through to the
early 1940’s prior to China becoming a communist state. These bonds were issued
by the Chinese Government to fund the war with Japan and also to implement basic
infrastructure in the form of railways and ports in China. In 1987 China
redeemed its outstanding historical debt issued from the bonds, with the UK and
settled with all bondholders who owned historical Chinese bonds. Although China
does not publicly acknowledge the debt, by redeeming these historical
bonds it will enhance China’s credit rating and status with the WTO and its
trade partners. It is anticipated that the 1937 Chinese Liberty bond will soon
be redeemed in the coming weeks in Zurich, Switzerland and the value at
redemption could possibly be anywhere from $25M to $100M,
(estimated), per bond depending on the condition of the bond and the
number of coupons attached, etc., (this bond is in excellent condition with
ALL coupons attached). There is a great deal of “broker joker”
information on social media sites such as “LinkedIn” that lay claim to
“billions of dollars” being paid for these bonds. This in itself is a
ridiculous statement and the maximum we have seen paid for a bond to date was a
1913 Chinese Petchili bond which was purchased for $100 million.
However, we believe this case is a rarity as this particular bond had been
passed from generation to generation in one single family before being
sold. If the UK redemption prices are any indication, we believe the numbers
quoted are a reasonable guide."
Mundell must think people are plain stupid.
UPDATE March 7, 2013 New information is coming in
from Kelowna, British Columbia, Canada, where Mundell was a Nissan
salesman, and where he ripped off people in an investment scam. We are
expecting further details in the next few days. This information also
includes confirmation of previous information that Mundell is also
a cocaine addict. Watch this space! UPDATE Feb 18, 2013
1. It is widely believed that Mundell's wife Carmen is now a possible
cover for his fraudulent activities. She's apparently running "Commodus
Global" which a Google search showed as being a subsidiary of Halston
Capital, although no such company is rtegistered with ASIC.
2. Watch out for a company called "Kanella Resources Pty Ltd". It is another Mundell incarnation, ASIC registration no 139 425 184
The Halston Capital website contains information relating to a matter
brought by Astra Resources against Wikifrauds. This matter is still as
of this date before the Federal Court in Adelaide. All that happened is
that Judge Besanko, based on the balance of convenience doctrine,
granted an interim injunction against us which we have complied with,
but the application by Astra Resources is being vigorously defended in
court by Wikifrauds. Mundell's posting of a blog on this matter is
simply his way to portray Wikifrauds in a poor light and deflect
attention away from his fraudulent activities. Mundell knows exactly
who we are and can take action against us any time he chooses.
Wikifrauds stands by all and every accusation we have made, and will
defend the truth in any court, as facts eventually speak for
themselves. See "Big Win For Wikifrauds"
Is this proof of funds? The image obtained by clicking
the link below has been presented as a sort of "proof of funds" by
Halston Capital. We have our doubts about the authenticity of this
supposed screenshot of a Bloomberg trade, and our doubt is simply
raised by the 'out of context' incongruous text and font styles
displaying Halston Capital Group as the trader. We have looked at a
number of screenshots of various Bloomberg trades
and none use the font or style shown below, which leads us to believe
that this may be a cut and
paste job. See image,
and judge for yourself. (Google images have a number of screenshots of
Bloomberg trade tickets which can be compared to this one - go
to images. )
Further information now available on request: Sep 16, 2012: We
have now been contacted by disgruntled investors who claim to have lost
around $1.1 million in their dealings with Mundell. So it's not rocket
science to suggest that either this man is a scammer, which we are not
alleging, or that he is totally incompetent in managing other people's
money. If anyone needs to see this evidence, or join the growing group
of people providing us with evidence, contact us and we will connect
you with the others.
Threat of violence from Mundell to the writer:
In an attempt to have Mundell repay one investor his $400k, we emailed
Mundell to apply some pressure, and at the same time invited him to
take legal action against us if he chose to do so. Pasted below is his
last response received Sep 16, 2012 at 6.51pm AEST . Readers can judge
for themselves the quality of this man and decide if they wish to have
any business dealings with him. The only editing on this email is the
replacement of a client's name with Xxxxxx and the alleged payee of the
debt as just "M":
That was the one email I was waiting for. Thank you! fortunately I already have your contact details from your
pathetic website so if you want to go to war...BRING IT ON!!
already has plans to compensate Xxxxxx. However I have something
special planned for you and it doesn't involve court! we are now way
beyond your threats and bullshit. We'll be seeing you really soon.....
Scott M. Mundell
CEO & Managing Director
Perth, Western Australia
M: +61 4000 42494
Further threat from Mundell.
Wikifrauds received the following email from Mundell late on Feb 19: "Now you have made this PERSONAL You can expect a visit soon"
Just to show that we are not making this up, click here to view the actual email.
We presume Mundell is infuriated that we dare mention his wife's
association with his business. However, he is not in any position to
deny the involvement. Her email address is
email@example.com This information has been given to
us by a very creditable informant, and so in keeping with our policy of
warnings, we published the information.
And for Mr Mundell's information, his threat has been forwarded to relevent police in WA.