MX PROPERTIES HAS RECENLTY CONCLUDED THAT MR ARTURS AKIS AND AVUS INVEST SIA BEAR NO RESPONSIBILITY IN THE FRAUD THAT TOOK PLACE REGARDING LONDON CITY GROUP SIA, MIKE BABICH AND JOHN DIAK.

MX WAS LED TO BELIEVE BY MR DIAK THAT ARTURS AKIS AND HIS COMPANY - AVUS INVEST SIA WERE PIVOTAL AND PROVIDING THE FINANCIAL INSTRUMENTS AND LOANS THAT MX HAD PAID IN EXCESS OF $400,000 FOR.

AGAIN, WE ARE HAPPY TO NOTE THAT MR AKIS HAS NO RESPONISIBILITY IN THIS MATTER AFTER HE CONTACTED US AND PROVIDED PERTINENT INFORMATION

It is also worth noting that "supposedly" AVUS Invest SIA was opening a bank account for MX. MX completed all of the paper work and application for the Alpha Bank account and then wired approximately $13,500 in a series of wires to AVUS that was supposed to be then transferred to Alpha Bank but never was. MX has several emails from AVUS and Miodrag Babic telling us that the funds would be "under our control" within a few business days. This took place on 21/4/2016. Yet here is more evidence of bad dealing and fraud perpetrated by AVUS Invest SIA.

We just received a new communication from Mr Akis telling us that everything was done on his side to resolve the conflict with the exception of paying $100 Euro for “legal” issues. We asked Mr Akis to put in writing that upon receipt of the $100 Euro, that the line of credit has been promised and paid for over months would finally be issued.

Arturs Akis also asked that we drop all claims against AVUS Invest SIA for completing the transaction. In theory, this would be fine; however, we need Mr Akis and AVUS Invest SIA to complete the transaction as a matter of good faith seeing that his three groups have already induced over $400,000 from our companies over a 10 month period. For us to drop claims against AVUS Invest SIA prematurely, would be foolish on our part after they have shown such horrible bad faith in our dealings thus far. As soon as Mr Akis decides to complete the transaction lawfully and in good faith, we must continue our pursuit of the fraud that has been perpetrated against us.

As soon as our dealings conclude in a positive manner, we will be more than happy to end our pursuit of our fraud claims.

Mr Akis and his colleagues clearly need to understand that trust was broken long ago when the fraud first started so to drop all claims prior to bringing our dealings to an appropriate business conclusion, is just not going to happen!

Yea right this guy is going to make everything right! Seen it before -- he's just buying time. I'm sure he'll come back and ask your group for even more money in the end to "finally complete the transaction". That's just the way that Eastern Europeans behave. It's in their culture to lie and this Akis fellow with his cronies seems to fit the exact description of FRAUD!!

Good F$#$#$ Luck "Fraud Finder" and MX company!

We had a very positive call on Saturday from Mr John S Diak that finally Mr Arturs Akis and his affiliates - London City Group SIA, AVUS Invest SIA and First Cable SIA were finally prepared to "MAKE THINGS RIGHT" after 10 months of promises and lies resulting in this group fraudulently taking over $400,000 from our company.

Mr Diak claimed that within "48 hours" that we would see positive movement from the Latvians and that our horrific situation would be resolved.

At first we were encouraged when Mr Arturs Akis reached out to us that his group was working very hard to resolve the conflict at hand. However, the last contact that we had with Mr Akis was on 9/20. Since then, he has not answered any of our email communications so we are quite leery once again.

Our company wishes to see this terrible matter resolved in an amicable fashion, but Mr Akis must do a lot more than just talk and make promises.

We're cautiously optimistic but we are not holding our breath when it comes to his promises!

As an investment banker, it totally makes me want to THROW UP when I hear garbage stories about the lawless Baltic Nations taking advantage of Western borrowers and investors

I don't know who in the hell that Arturs Akis or Midorag Babic are, but they need sent back to Russia where they belong where the most of the Russian Mafia exists,.

Latvia, Lithuania and Estonia need to be pulled from the EU and NATO to be taught a lesson!

Again we implore upon Mssrs Arturs Akis, Miodrag Babic and Janis Petrovs to act like true, honest men and return the funds that they fraudulently induced from MX and RSA since December 2015

There still is time for these men to act responsibly and do the right thing. We would certainly see this as an appropriate gesture and we would conclude our pursuit of them

Beginning December 2015 our company was induced to begin “leasing” and “purchasing” financial instruments through a Riga, Latvian Group named London City Group represented by a Janis Petrovs. The request for the first payment of approximately $90,000 USD to Nordea Bank came from our consultant, Mr John Diak. Mr Diak claimed to have a very good working relationship and encouraged us to wire the funds for the “lease” of $92mm USD of US Treasury Strips to which a Line of Credit would be issued by another bank. After several weeks of being patient with London City Group SIA, we were induced to pay more money to cover the cost of “Swifting” the instruments. Still nothing was sent to our bank for monetization.

Mr Diak then brought in another gentlemen by the name of Midrog “Mike” Babich to assist. Over a 9 month period, Mr Diak had us wire an additional $340,000 to both Nordea Bank and Swedbank to groups - London City Group SIA, AVUS Inves SIA and First Cable SIA for additional instruments. None of the Bank Guarantees, Standby Letters of Credit or other Financial Instruments were ever delivered to our monetizing banks as promised.

It has become increasingly obvious to our company that none of these individuals or their affiliated companies ever even possessed the financial instruments that were presented to us in writing. Further, a Mr Arturs Atkis of Latvia was most recently involved in the fraud scheme and accepted funds in the name of AVUS Invest SIA.

We’ve asked repeatedly for a refund of the $430,000 that was sent to Latvian Banks - Nordea and Swedbank. All of our requests were left unanswered and the Latvian nationals continued to request more money. Finally, Mr John Diak confided that these were “bad people” and we were told not to send any additional funds to them by Diak.

We have made formal complaints to Nordea Bank and to Swedbank to investigate the fraud that took place at their banks. Further, we have made complaints with the KNAB and will also make complaints with Interpol and the FBI for these crimes.

This entire 9 month ordeal was plagued with nothing but promises, lies and sob stories – especially from Mr Mesicha “Mike” Babich. At times, I felt quite sorry for him, but I soon realized that my company was just getting taken advantage of. Each time that we thought we had a financial instrument arranged, Mr Janis Petrovs, Mr Mike Babich and Mr Arturs Akis would ask for more money and not deliver ANYTHING.

Very sad commentary placed on the value of humanity and good faith.Many times we reached out to these individuals to do the right and appropriate thing and honor the commitments they made for taking our funds. To that end none of the three nor their affiliate companies did absolutely anything.

There’s a common saying translated around the world that good people treat other good people with dignity and respect. We only wished that these “gentleman” had honored their commitments and not basically stolen our funds.

There’s always a chance and a time to do the “right” thing and these three men have been afforded this opportunity now on at least 30-40 occasions.

Most Latvian citizens are very fine people. We just wish that these three “gentlemen” fit into this category.

Visu šo 9 mēnešu smags pārbaudījums bija plagued ar nekas, bet solījumus, meliem un šņukstēt stāstus - it sevišķi no Mesicha kunga “Mike” Babich. Pie reizes, es jutos diezgan žēl, bet es drīz sapratu, ka mans uzņēmums bija tikai kļūst izmantojuši.
Katru reizi, kad mēs domājam, mums bija finanšu instruments sakārtots, Jānis Petrovs kungs, Mike Babich kungs un Arturs Atkis kungs varētu prasīt vairāk naudas, un nav sniegusi neko.
Ļoti bēdīgs komentārs likts uz vērtību cilvēces un godprātīgi.
Var reizes mēs sasniedzām, lai šīm personām darīt tiesības un atbilstošu lieta, un pildīt saistības, ko tās uzņēmās, lai veiktu mūsu līdzekļus. Tālab neviens no trim, ne to meitas uzņēmumi bija pilnīgi neko.
Tur ir kopīgs sakot tulkots visā pasaulē, ka labi cilvēki pret citiem labiem cilvēkiem ar cieņu un respektu.
Mēs tikai vēlējās, ka šie “kungs” bija cienījams savas saistības un nav būtībā nozagts mūsu līdzekļus.
Tur vienmēr ir iespēja un laiks to darīt “pareizi” lieta, un šie trīs vīri tika dota šī iespēja tagad vismaz 30-40 reizes.
Lielākā daļa Latvijas iedzīvotāji ir ļoti smalkas cilvēki. Mēs vienkārši vēlamies, lai šie trīs “kungi” iederas šajā kategorijā.