Field's failed companies: Think
Systems Pty Ltd, Energy Appliances Australia Pty Ltd, Macquarie Centre
Betta Pty Ltd, V2Pay Group Pte Ltd (Singapore based), 888 Red Pty Ltd and several others. All of these companies have cost investors millions.
V2 Pay Group Pte Ltd: Set up in Singapore to
supposedly create some fancy card pay systems. it has never turned a dollar.
Here we have several victims, notably Mr Brian Lincez who is owed
some $1.6 Million. (We have on hand a signed achnowledgent of the debt, an agreement to repay firstly $500k then the balance of $1.5M, signed by Field. NO MONEY has been repaid! We also know he owes some $80K to a former employee Rick Whaite, who with his family invested in V2PAY. A False Statutory Declaration has
also been provided by Field. We checked the place and witness details
of this declaration supposedly made at Galston Medical Clinic NSW only
to find that the Doctor who supposedly witnessed the declaration,
a Doctor Thomas, has never worked at the clinic, and indeed he probably
doesn't even exist.
Bill Field is no stranger to falsehoods. See declaration.* Field
also conned another employee (name withheld) into investing $125k all
of which is lost - all of which has been spent by Field for his own
pleasure or to finance his lavish lifestyle.
*UPDATE Jan 17, 2020: We have now discovered that the doctor mentioned above did indeed have a practice in Galston.
The declaration cited above is now the subject of a police complaint
lodged at Windsor police station in NSW by the person whose name
appears as a witness to this declaration. He catagorically stressed to
Wikifrauds in a long conversation that Field forged his signature on
the declaration. (We have already on hand an admission by Field that
the declaration was indeed false.) The good doctor's surgery was also
broken into and ransacked just recently, and files and records stolen.
It is suspected that Field and daughter Belinda was behind the break in, and looking for
anything that might be used to subject the doctor to threats and or
The following extract from an email of Jan 13 from Field
seems to support the assumption that Field or his daughter Belinda have
taken possession of medical records from the doctor's clinic and for
whatever reason, are blackmailing the doctor. Probably the aim is to
keep Belinda on the clinic's payroll despite the fact that she has
taken indefinite stress leave.
has only gone rouge not on a money matter but other matters I am not happy
about which he is very clear on .I am
not worried about any charges he would attempt as he is well aware of
what I hold which would destroy him and his practice if I get loose .
That document has enough evidence to support my statement that he is 100%
aware of it.so don’t get to excited about what he is prepared to do My
point was about my daughter and other issues attached is not smart to involve
her as the issues are severe and he knows it has massive implications."
As it happens, Field's second daughter Belinda worked for
the doctor for quite a long time but recently took "stress leave" and
is trying to get the doctor for liability for the stress. Field's whole
family are rotten apples that have not fallen far from the tree. The
good doctor has been Field's family medico for many years, and this
scumbag Field has seen some imaginary scheme to pressure the doctor out
of some money. The man has no scruples whatsoever and will turn on
anyone if he sees a dollar somewhere.
M2Cash: The forerunner to V2Pay: Also set up in Singapore. We
have some M2 Cash ANZ bank statements that clearly show Field's misuse
of shareholders' funds for his own personal benefit - huge transfers to
his own bank, exhorbitant hotel and travel bills, gambling on poker
machines and so on. See statements and a summary.
Promises to pay but never does: The following are emails where Field promises to commence repayment of a substantial loan
Bill Field <email@example.com
28 March 2018 at 5:03:09 pm AEDT
Subject: Fwd: 2017 v6 shareholder final update
is the updated V2PAY shareholders document which was recently sent to
of which is your client lender
have one other document to send which explains the next steps , and will send
to you shortly
process we are taking is an ICO which is in progress commencing next
Month or capital raise for the program The
process which has already provisioned to settle any loan. Holders Besides
your client we only have $280k in outstanding loans Brian
was & is the largest holder of Debt Once
I send you part 2 which is the G00bits program you will see that we are about
to commence a pre ICO for approximately $10 Mil
------- Original message --------
that amount we have allowed $2.0 mil for debt repayments The
model allows for 25% of capital intake to be sent to Debt holders What
we don’t know yet is how long it will take to raise the $10m other than we have
spent the past 3-4 months testing the markets interest . With fund managers ,
Banks , & professional investment groups. Where we have received a very
high & positive response to the program . We have altered the system in
some areas also in response to genuine critics
have always accounted for the repayment to Brian in addition to his
entitlements in addition to the loan as a holder of V2PAY shares I am
more than prepared to put Brian ahead of all Loan holders in settlement as they
go live in Mid April on the capital intake when the website goes up and we have
the final ASIC approvals process on funds management My
early indications would be paying Brian at least $100k a month as the low
threshold amount starting say mid May & expecting this to ramp up to
$250k by Aug until we clear Let’s
discuss the best way forward when you have had time to absorb both
Bill Field V2PAY
From: Bill Field <firstname.lastname@example.org
Date: 29/3/18 11:06 am (GMT+10:00)
The V2Pay website is still up. We think his webpage designer does not have a working bullshit metre.
Subject: Brian Settlement confirmation
Confirming our call today
The first instalment of $100,000 will be made towards the settlement of loan
from Brian by the close of April
We may make periodic payments during the month, however by the close of April
the full $100k will be made
If you could forward the account details for the funds settlement
Regards Bill Field
. . . . . . . . never happened! Field has not repaid one cent as of this day, Sep 20, 2019. He is frankly "full of shit".
Field's V2Pay Singapore Director, Lawyer Lee Chiat Jin Jeffery, (For
those not familiar with Singapore company regulations, a company formed
in Singapore by any foreign owner MUST have a Singaporean Director.) filed
several complaints with the Singapore Police requesting they
investigate Field for wrongful issuing shares in V2Pay, and in one
complaint in particular, he alleged that Field stole 1M Sterling in cash
from his own company. Beat that! Link to complaints.
Worthless Share Certificates issued by Fields without propper authority.
Link (We apologise for these images not being rotated)
Sales pitches to get capital loans. Must read! Link (These are pathetic and more fool Lincez for falling for such un-provable claims and forecasts by Field.)
QLD Supreme Court Statement of Claim, Brian Lincez vs. LindsayWilliam Field See Statement of Claim
ASIC has dealt with Field on prior occasions with regard to some of the companies being run by him whilst being a bankrupt. Link And it Seems the apple hasn't fallen far from the tree - Field's daughter Dominique has also been dealt with by ASIC Link for
a number of offences relating to Bill's businesses. Either she is
blinded by father Bill, or just a cheap little crook like him, or Bill himself couldn't care less if he brought-up another con artist. She copped a ban for five years!
this absolute rave from Field about strategies and forecasts. We have
rarely read such rubbish in an update to shareholders. link
We also have a list of some shaeholders of M2CASH and the amounts
invested. We are looking to obtain more lists in the future. Meantime,
the list we have contains the investor's contact details and we will be
in touch with them over the next few days. Watch this space.
We have also been given two reports, which are in essence the same, one addressed to the ATO and the other to ASIC. See ATO Report See ASIC Report
Bill Field is a thoroughly crooked conman, a thief, and a
totally untrustworthy person. DO NOT DO BUSINESS WITH HIM UNDER ANY
he ever does is make statements about how much the shares will be worth
in the near future, and pass out more bullshit about his company's
future prospects. He is a professional "staller" who never comes good
on his promises and prospects.
We now publish several bank statements. These clearly show Field taking money paid for shares
for his own personal use. We have also been informed by several people
of Bill Field's penchant for the best prostitutes in Singapore.
Apparently he was or is a frequent visitor to the best brothels in that
city. They also show Field's love of poker machines. Some great family man eh! And all paid for by shareholders'
investment money. Bank Statement1 Bank Statement2 Excel Summary Sheet of statements
Also attached are Companies House London
(The British equivalent of Australia's ASIC) Prosecuting Solicitors''
criminal proceedings on M2Cash, along with a demand letter from
Hadfield & Co Solicitors (London) for some GBP 61,343 payable to
Manx Telecom Limited. Seems Telstra Australia are not alone in being
conned by Field. Attachment.
Shareholders Class Action: Shareholders
interested in joining a class action against Field should contact us
immediately in confidence of course. We will be briefing our barrister
next week and engaging the NSW Police Fraud Squad also.
If Field does not like what we have exposed here, he is more than welcome to take us to court, in fact we wish he would do so.