Replies to post #31560 on GuanHua Corporation (GHGH)

[augridinvestors4]

You may still may have legal avenues even though you are in the
U. K. but I don't know how that works. You can talk to a local attorney if you want with experience in this area.

As far as the SEC, the SEC of course was involved with the operation that Mr. Shaheed was arrested and plead guilty to, three counts of mail fraud and three counts of wire fraud. I am hoping other charges are brought against Mr. Shaheed.. He ran this scam for many years. As far as contacting governmental officials, some of that can be done online: Here are some links:

https://tts.sec.gov/oiea/Complaint.html

http://www.fbi.gov/contact-us

http://www.irs.gov/Individuals/How-Do-You-Report-Suspected-Tax-Fraud-Activity%3F

As far as money left for recovery? I am not sure how much money is involved in this scam... many millions of dollars from my research and comments from ex-CFO of AuGRID, Stan Chapman, who claimed to have the "real" general ledger. I don't know how much of the scammed money if any is left, and if left, where it is hidden.

[roger wilco]

It's all over for AGHD and Muhammad ("M.J.") Shaheed. The CEO is going to jail and you can bet that the legal defense swallowed up all of the money. The stock no longer trades so anyone with shares is toast.

[augridinvestors4]

To follow up in case you missed comments I made with a prior post on collecting... As far as as private actions against this company and/or Mr. Shaheed, I made it very clear that collecting would probably be difficult. Maybe an attorney would take this case on a contingency basis. I met with two different attorneys years ago in an effort to try and collect from Augrid and/or Mr. Shaheed for the scam perpetrated on me. One of the attorneys thought collecting would be difficult. We never did discuss fees and we never did proceed with any action. The other attorney I met with along with another victim of Mr. Shaheed's scam. This attorney would not take the case on a contingency basis. He wanted a very large amount of money to proceed with the case. We did not have the attorney proceed filing a lawsuit due to the high amount of fees that he wanted. Maybe there are attorneys though that would take this case on a contingency basis. I met with these attorneys years before criminal charges were brought against Mr. Shaheed. Maybe the fact that Mr. Shaheed plead guilty to three counts of mail fraud and three counts of wire fraud puts a lawsuit in a better position. Collecting is still an issue but maybe the guilty pleas are an added leverage.