http://blog.sina.com.cn/s/blog_67bfab070100orzy.html
It is in Chinese, so here's a short translation:
Regarding alleged scams in China
2005年低，我拿到美国绿卡后。开始回到中国，我们当时签约了中坤地产。操作其旅游业务的上市。
At the end of 2005, I got US green card, so I returned to China, and we signed up ChungSheng Realty, and helped their travel department's IPO.
当时，通过朋友介绍，我们也考察了哈尔滨富华公司。
Also, through a friend's introduction, we studied Harbin's FuHua company.
2007年签约作为其财务顾问，操作其上市。
We signed contract in 2007 to be their financial advisor, to control its IPO.
我们投资上市壳公司。这在当时是一个金融创新。
We invested in the IPO Shell company. This at the time is a financial innovation.
因为当时所有的中国公司必须化钱买壳。我们的壳不需要现金购买。
At the time, all the Chinese companies need to spend money to buy shell. Our shell costs no cash.
但是后来其董事长由于债务问题被抓出事， 其上市也不了了之。
However, the CEO later got arrested for debt problems, so the IPO never happened.
我们的投资和时间也付之东水。
Our investment and time are also lost.
但是后来很多投资过哈尔滨富华，不明真相之人，怪我们没有操作成功其上市。
Later many people who invested in Harbin FuHua company, and do not know the truth, blame us for unsuccessful IPO.
但这不是我们能控制的，我们也没有从其集资中获益， 我们只是财务顾问， 我们也是壳的投资者。
This is beyond our control. We did not profit from this. We are financial advisor only. We invested in the shell too.
从此事件后，我们对有民间集资背景的公司，很慎重介入， 防止被其利用去民间集资。
AFter this, we are very careful in joining any company that raises capital from the masses, to prevent raising money from the public.
当时利用上市去民间集资，很风行。 但是大多数是没有退出机制的。
At the time IPO to raise money from investor is very popular, but vast majority has no way to back out.
我们本来想解决这个问题，但是由于突发事件，我们也没有这个机会来解决其退出机制的问题。我们对此很遗憾。
We wanted to solve this problem, but the problem was sudden, and we had no chance to solve this chance to back out, to our everlasting regret.
中间我们还签约了沈阳帝杰，作为其上市顾问，后来重组了该公司。
We also signed DiJie from Shenyang, to be IPO consultant, and reorganized the company.
后来我们聘用的律师尽职调查发现其业务有问题，我们就退出了合作，签订了终止合作协议。后来其董事长也出事了。
Later our lawyer, investigated and found problems, so we backed out of the deal, and signed our withdrawal. Later its CEO also got into problems.
我的经验教训，我们要选择好合作伙伴。
My experience has taught me that we need to choose good working partners.
若合作伙伴没有选好， 再好的商业设计也是前功尽弃。
We we did not choose the right partners, no matter how good the company is, it will be wasted.
道不同不可以相为谋。 正如神说， 义与不义， 不能同负一轭。
(some Chinese adage, and a bible adage of similar talk)
第二，在中国，我们若不谨慎小心， 就很容易成为别人做的局里面的棋子， 被人利用。
Second, in China, if we're not careful, we can be a pawn in someone else's game, and be used.
Regarding the Olympic scam
2007年我通过我以前中国国际广播电台的同事钱军认识了一自称为“北京全民迎奥运”的主席，王先生。
In 2007 I met a Mr. Wong, who claimed to be chairman of "Beijing All People Welcome Olympic", through an old workmate at CRI Mr. Chien.
他积极拉我进入该组织，为北京奥运出力。
He invited me to join this organization and help Beijing Olympics.
对于能参与到北京奥运会，作为一个海外游子，能有机会为国家作贡献。我义不容辞。
I jumped at the chance to join the Beijing Olympics as a good ex-pat to contribute to my mother nation.
我当即捐献了一笔不菲的钱给他去推动全民办奥运的想法和主张， 他立即封我为执行主席。
I donated a significant amount to him to let him promote the idea and purpose. He immediately gave me title action group leader.
我非常喜欢其“全民”参与的主张。
I really like the organization's purpose.
自己在没有对该机构尽职调查情况下，就一厢情愿支持他。
I joined without doing any due diligence, and supported him all the way.
我想原因有二：一是朋友推荐，放松警惕；二是自己个人膨胀， 想荣耀自己的名。虚荣心使我轻易上钩了。
I think there were two reasons. One is recommended by friend, let my guard down, and two, I was overwhelmed by pride and want to show off my name.
为了配合北京全民办奥运，我在洛杉矶召开记者招待会，
To support Beijing Olympics, I held press conference announcing "Global Chinese Welcome Beijing Olympics"
I also registered in California "China Olympic Fund", certified by the Chinese Embassy.
我们在美国当时的２个子公司捐赠了几十万美元零售价值的物品给中国奥运基金会，用于公益事业。
My two child companies in the US donated several hundred thousand dollars (MSRP) of products to the China Olympic Fund for charity.
后来我才发现，王先生给我看的在北京民政局注册的“北京全民迎奥运“全部是假的文件。
Later I found the paper shown to me by Mr. Wong, that stated this Beijing All People Welcome Olympic"certified by Beijing City Bureau, was a fake document.
公章都是伪造的。
Even the seal was a fake.
我真正领教了中国的另外一面,
I really experienced a different side of China... Some people will try to make money with ANY means necessary.
我真是在海外呆傻了。我们海外华人的报国之心被利用了。
I must have gone stupid staying overseas. Our patriotic heart was abused.
Later TwentyFirst Century Newspaper in China, by doing no investigation, made a false report. We have explained our side on our website.
箴言里说，愚蠢的人见话就信。 我当时就是很愚蠢。大陆人才良莠不齐。不是美国，人普遍层次较高，法律严谨。 大部分人讲的话都是真的，负责的。
As the cliche goes, gullible believe anything. I was gullible. People in China comes in all alignments, not like the US, where generally people have higher morals. Most people say true and responsible things.
----
I do point out that in the newspaper, the Chinese Embassy in the US disclaims any such support. I don't know about the "notarize" part.
Searching California archives shows that there was such an entity as China Olympic Foundation
ReplyDeleteEntity Name: CHINA OLYMPIC FOUNDATION
Entity Number: C2917420
Date Filed: 04/25/2007
Status: SUSPENDED
Jurisdiction: CALIFORNIA
Entity Address: 4349 BALDWIN AVE #A
Entity City, State, Zip: EL MONTE CA 91731
Agent for Service of Process: MING XU
Agent Address: 4349 BALDWIN AVE STE A
Agent City, State, Zip: EL MONTE CA 91731
Unfortunately the WaybackMachine did not record any of the supposed "certification" or "registration" document pictures. Thus there's no way to verify the claims there within.
A different listing confirms it was a non-profit
ReplyDeletehttp://california.14thstory.com/china-olympic-foundation.html
and Wayback machine confirms that such a disclaimer, that Ming Xu claimed to have withdrawn from that Beijing committee thing after learning it was a fake, was on the website.
However, how long did Affluen and Careux last after that donation? Not very long, it appears.
The only other news about this China Olympic Foundation was how it gave an award to Timmy Tan, a top Filipino of Chinese origins a title of honorary Filipino Chairman, and will collaborate with Phillippines Airline for promotions.
ReplyDeleteAnd he has a self-edited Wikipedia page that mentions Ming Xu!
DeleteForgot to include the URL of the disclaimer:
ReplyDeletehttp://web.archive.org/web/20090104004851/http://www.mybeijing2008.org/proposal_a.php
However, the dates are... funny.
Kasey - Can you see if this is worth translating. Another Phil Ming Xu site (now dead/expired)
ReplyDeletehttps://web.archive.org/web/20110209030547/http://yalecare.com/
I'm trying to pull some pieces together and will share more as I can..
Not enough info. Though it seems somebody has a fetish with big school names. Harvard Something, Yale something, Oxford something, Cambridge something (There's an "Oxbridge" businesses near / at Ming Xu's place)
DeleteKepler confirms this is a Ming Xu creation: California Entity C2915273
The text translates simply as
YHMI引进美国医院连锁经营管理方式，
YHMI introduces American Hospital Chain Operation management style
进一步完善YHMI医院集团经营管理模式，
Further improve YHMI hospital group operation management style
拓展国内医疗市场，通过直接经营、
expand domestic (China) hospital market, through direct operation,
控股经营、托管经营以及特许经营等
stock control operation, affiliate operation, and other authorized operation, etc.
多种方式经营管理国内各类型的医院，
multiple methods operation domestic (China) various types of hospitals
提高国内医院的经营管理水平，
to raise domestic (China) hospital operation management level
获得更多的经济的收益，
to obtain further economic return
创造更好的社会效益，
create improved social benefit
促进中国医院改革的深入发展，
impel Chinese hospital reform's deeper developement
逐步实现医院管理方式与国际接轨。
and step by step fulfill the promise of linking Hospital Manage to match international levels
Nothing too suspicious here, as it's aimed at China. We need to who was this marketed to in China to know if this was a scam. It's really aimed at Chinese markets.
http://www.pacificclubs.com/isn/news.shtml
ReplyDeleteappears to be the primary visa scam site but can't tell for sure without a good translation
Uh... empty domain placeholder? Are you searching Wayback machine? Or did you had an extra S in there?
Delete