Peter of England: A REal guru.

[Jeffrey]

(He has made his film is a churchyard because it marks "the death of the Babylonian Debt Slavery Conventional Fractional Reserve Banking Industry.")

I find it ironic that he films that at a graveyard while digging his own grave.

[PeanutGallery]

I found a new link, which may be relevant to those of us who are interested in stopping Peter from defrauding the GooFs and nipping this scam right in the bud asap.

It's http://www.financialfraudaction.org.uk/ ... -dcpcu.asp a specialist department dedicated to stopping exactly the sort of thing Peter is doing. Needless to say I have sent them an email setting out the concerns I have about Peter's enterprise (namely that he is selling fake chequebooks for £25 a throw).

[vampireLOREN]

I found a new link, which may be relevant to those of us who are interested in stopping Peter from defrauding the GooFs and nipping this scam right in the bud asap.

It's http://www.financialfraudaction.org.uk/ ... -dcpcu.asp a specialist department dedicated to stopping exactly the sort of thing Peter is doing. Needless to say I have sent them an email setting out the concerns I have about Peter's enterprise (namely that he is selling fake chequebooks for £25 a throw).

If the chequebooks in the box are ready for mailing?....he has somewhere from 15 to 18 idiots .
In his long long video made by Ceylon there was a wonderful moment when a woman asked what was the mechanism for converting Re's into £ sterling!!! Peters face was a picture...I do so love an optimist .

[littleFred]

I found a new link, ...

Good find. I have added my voice.

[guilty]

So he has, say, 20 mugs who have provided him with legally-binding promissory notes, each worth £150,000. The note gives authorisation for the holder to trade the note as a negotiable instrument.

http://www.werebank.co.uk/wp-content/up ... -NOTE1.pdf

This Peter person now holds £3,000,000 of negotiable funds.

The 'terms and conditions' say "I hereby give permission to the HOLDER and/or the HOLDER IN DUE COURSE of this Promissory Note, to use this note in any way necessary as a “negotiable instrument” to be financially traded on: whereas such trade shall terminate the obligation herein."

My reading of the terms would suggest to me that the 'obligation' referred to is the obligation for Peter to redeem the note on the 14th anniversary for 1Re - which isn't actually an obligation anyway, because it is at Peter's absolute discretion - not the obligation to pay up the £150,000.
No financial trader is going to buy a £150,000 promissory note if the note is immediately worthless!

The mug is still on the hook for £150,000, no matter how much 'Re-work' he has done in the meantime.

(Reported to Serious Fraud Office)

[vampireLOREN]

I found a new link, which may be relevant to those of us who are interested in stopping Peter from defrauding the GooFs and nipping this scam right in the bud asap.

It's http://www.financialfraudaction.org.uk/ ... -dcpcu.asp a specialist department dedicated to stopping exactly the sort of thing Peter is doing. Needless to say I have sent them an email setting out the concerns I have about Peter's enterprise (namely that he is selling fake chequebooks for £25 a throw).

On Peter's WeRe bank site he has added photos of the 1934 issue bond boxes he "has" access to, these look very similar to those on the Fake Bond page.

[ArthurWankspittle]

I'm surprised by how relistic the cheques look. I was expecting something much more along the lines of the Goodf promissory note template.

Although the video doesn't give you a close look they are good enough to fool a cursory inspection and perhaps even be accepted as payment.

I've just had a look at them. There doesn't appear to be a sort code or something else on the bottom line which IIRC is magnetic or OCR set up for quick scanning, so they will get rejected by scanners (again I think that's what will happen). But what is on the top right of each cheque page? It looks like a sort code.

[notorial dissent]

I will admit to not actually having seen the actual PN we are talking about here, if someone could kindly post a copy I would be appreciative, but it strikes me that aside from being monetarily worthless, they may very well be legally worthless as well and unenforceable, since there was really no consideration given for them, a PN given in consideration of a criminal act is not enforceable, obtained by fraud or in the course of a fraud, a PN given without actual consideration is not enforceable, and there is nothing backing them in the slightest, since the issuers haven't a pot. I'm not really familiar with the UK law on what makes a PN valid, but I don't suspect it is much different from what we use, and the language on them would seem to invalidate them ab initio.

What it boils down to is that if someone should be so stupid as to actually buy one of them, they would have to go in to court to enforce it, and the first question that would be asked the issuer was what they got in exchange for it, and the ultimate answer will be nothing, defrauded, and PN becomes legally and officially a worthless piece of paper except as a charge back against whoever sold it, and that could get really entertaining.

[PeanutGallery]

On Peter's WeRe bank site he has added photos of the 1934 issue bond boxes he "has" access to, these look very similar to those on the Fake Bond page.

They do indeed. In fact the first one looks an obvious quick and cheap forgery based on the shoddy stencil work, you'd think a box containing three trillion would have at least been stencilled in Gold Paint neatly and not in such a haphazard fashion.

You'd also expect both boxes to look like each other and I would say that the one that is open looks surprisingly empty.

Notorial, here's a genuine WeRe Bank Promissory Note in all its glory:
http://www.werebank.co.uk/wp-content/up ... -NOTE1.pdf

[ArthurWankspittle]

I will admit to not actually having seen the actual PN we are talking about here, if someone could kindly post a copy I would be appreciative, but it strikes me that aside from being monetarily worthless, they may very well be legally worthless as well and unenforceable, since there was really no consideration given for them, a PN given in consideration of a criminal act is not enforceable, obtained by fraud or in the course of a fraud, a PN given without actual consideration is not enforceable, and there is nothing backing them in the slightest, since the issuers haven't a pot. I'm not really familiar with the UK law on what makes a PN valid, but I don't suspect it is much different from what we use, and the language on them would seem to invalidate them ab initio.

I suspect you are correct but it won't matter because that problem is Pete's. What will happen is that the CPS will be putting to a jury that the people involved have been told that if they fill in a form they get a bunch of useless but valid looking cheques. It will be up to the jury to decide who has done what, with what in mind. If I want a bunch of dodgy looking cheques and I can get them for £10 plus filling in a stupid form that's probably cheaper than trying to print them myself. Also, I have a basis for a get-out. It was the guy who supplied them said they were good. I'm stupid and have a good lawyer, I'll get probation and he'll get 5 years.

[littleFred]

A factoid that hasn't been mentioned: what is the rate of exchange between pound sterling and Re units? Answer: 2:1 and 1:2. We are accustomed to having two rates of exchange, depending on whether we are buying or selling a foreign currency, but this margin is much higher. Moreover, the margin works in the customer's favour.

We can pop into a WeRe bank and exchange £100 for 200 Re units. Then we can pop into a shop that accepts Re, find goods that are marked in pounds, and pay half that number of Re. So a shop selling something for £400 will accept merely 200 Re.

The financially astute among you will seize this "perpetual motion" opportunity. After buying something worth £400 for a mere 200 Re, you might sell it for £300. Take that to a WeRe bank and swap the £300 for 600 Re. Repeat until seriously rich.

Reference: WeRe Flyer 2015.

I won't bother pointing out the obvious flaws.

[notorial dissent]

PeanutGallery, thank you. I see that among other things they are giving Peter the Nat Ins number, which is not a good thing I would suspect, rather like giving one of our home grown your SSN and bank acct info I should think.

I'm not sure that "Second Period of Jubilee" is actually a legally accepted period of time to start with.

The way I read "whereas such trade shall terminate the obligation herein", is that if the note is sold or "financially traded on", that the obligation, which would be the note, would be canceled. I don't know if that is what he meant, but that is the way it comes out and the way I read it. He's just stupid enough to think he's doing something clever.

Arthur, I think you are exactly right. I think his gulls will probably be in it for a number of things, but I do think they can reasonably plead that they didn't know the checks were useless and part of a fraud, sometimes stupidity and gullibility can be a defense. Peter is rightly the chief suspect here, and hopefully the full weight of the law and the prosecution will come down on him, although his gulls will probably not be a great deal better off if they have to deal with bounced check charges and such.

[tm169]

I'm surprised by how relistic the cheques look. I was expecting something much more along the lines of the Goodf promissory note template.

Although the video doesn't give you a close look they are good enough to fool a cursory inspection and perhaps even be accepted as payment.

I've just had a look at them. There doesn't appear to be a sort code or something else on the bottom line which IIRC is magnetic or OCR set up for quick scanning, so they will get rejected by scanners (again I think that's what will happen). But what is on the top right of each cheque page? It looks like a sort code.

There is something along the bottom line but looking at a cheque at work (which my firm prints on special paper themselves) the magnetic ink at the bottom is raised. I doubt he has that.

When I say accepted for payment I mean that say if you paid a builder or something they would assume it was bona fide and pay it into their bank. I can't immediately see any of the usual opca magic words on there either. Interesting it doesn't appear to be crossed AC payee either.


Real (ish) UK cheque for comparison for non UK people / young people.

[rumpelstilzchen]

There is no account holder's name on the WeRE cheque where you would expect to find it.

[Jeffrey]

Seems to me like it's smarter to let the scam play itself out rather than snitch on him before he actually does anything.

Let the guy dig himself deeper, dupes pass a bunch of fake checks around town, etc.

[littleFred]

Peter wants NI numbers? Sure, no problem. Some organisations want birth certificates. For example Freeman Legal Services. Oh, wait a minute, that's Peter too.

All this talk about courts and legal action overlooks the fact that Peter passes judgements in a Common Law Court of record, and:

A CLOR is superior to ALL other courts.

So Peter can override any decision made in an ordinary court.

If anyone still doubts Peter's tremendous powers:

Pi is defined as 1.2 times the speed of light squared.

Source: WeRe bank master

[rumpelstilzchen]

Seems to me like it's smarter to let the scam play itself out rather than snitch on him before he actually does anything.

Let the guy dig himself deeper, dupes pass a bunch of fake checks around town, etc.

I agree. It would be a shame to see Peter get a slap on the wrist when there is the potential for much more.

[Hercule Parrot]

Peter has taken delivery of a box of his cheque books and they certainly do look like real cheque books. He is sending them out and claims to be getting twenty to twenty-five customers a day signing up.
I do hope hundreds of people start to use them. This could be the most entertainment any English footle has ever provided.

Oh yes, this is going to be hilarious. Countdown to "I tried to pay off my mortgage with a werecheque, and the evil Zionist bank refused to accept it! Tell them they've got to, Peter!"

Followed by "Rest easy, weremember, If the bank have refused your werecheque then the debt is cleared and you don't need to pay them anything"

And then a while later "But Peter, they've been to court and got an order to take my home and sell it. The bailiffs are coming next week to put my family on the street!"

Before finally "Errrr.. Did you try wet ink signature? Magna Carta? I don't know really, we don't have internet here on the remand wing. Please could someone send me some postal stamps?"

[Hyrion]

Pi is defined as 1.2 times the speed of light squared.

I'd seriously love to see him apply his math to some form of construction just to see what the actual end result of something ends up being.

See this? It's a table!

Looks more like abstract art representing some form of alien.....

Then again... since he's so far off the definition of PI, perhaps his error on "what is the speed of light" makes up for it.... 2 wrongs making a right as it were

After seeing that as the definition of PI, I'd certainly ask for his definition of "speed of light" and "squared" and while we're at it, what is "times".

[Hyrion]

Some observations on the WeRe promissory note.

First, anyone filling it should note the mentioned exchange rate of 2:1 and the max amount you can request being either 150,000 pounds or 148,000 Re. It's in everyone's best interest to fill out the promissory note in Re. After all, it's the equivalent 296,000 pounds. Ironically, it's also safest for you if anyone attempts to come collecting because Re units don't actually exist.

Second, and speaking of collecting on maturity... if I understand this correctly, you can feel free not to ever even attempt paying.

...if I have failed to repay the note upon MATURITY then ... WeRe Bank has the authority, at its absolute discretion, to Forgive the Debt upon receipt of consideration of the sum of Re1 from myself ... or "Peter of England"

Have no fear... 1 Re unit paid will forgive all.

Third, in case it's not yet clear:

I hereby give permission ... of this [PN], to use this note in any way necessary as a "negotiable instrument" to be financially traded on: whereas such trade shalll terminate the obligation herein

The moment WeRe sells your PN to some sucker bank, you are no longer required to even pay the 1 Re unit! Have no fear!

That is.... if my understanding of the clauses on that PN are correct