Is Kinguin.net allegedly a fraud, and do they plan to scam me out of my money?

 

My name is zhang and I am a Merchant on Kinguin since 2018, I live in China.

Currently Kinguin owe’s me 100,000~ Euro (one hundred thousand Euros, approximately) and they keep on ignoring me for months.

 

 

I have started to sell on Kinguin in the beginning of 2018 and everything was looking fine for a while, since the beginning of year 2019 they have started to impose strange behavior and many people I have worked with started to tell me that they no longer work for Kinguin which was strange.

During that strange behaviors they have started to impose unreasonable waiting time for funds collected from sales to be cleared, which was 60 days.

Even after that time have passed and I have requested payouts they were not keeping their TOS agreements they have with their Merchants, and they did not pay me my earnings.

I have contacted them numerous times about my payouts and I was ignored or provided with “copy pasta” replies that basically say similar stuff “the issue and it will be resolves soon, etc…” without any indication on when.

After a while, they have contacted me with an offer that can only be considered as blackmail and an insult to my intelligence.

Of course that I did not agree to this bogus proposition from Kinguin since it looks like they are planning to pay from funds collected from unaware sellers who went back in selling or do not yet know about the issue with Kinguin and payouts which to me looks like a Ponzi scheme allegedly.

Currently Kinguin are looking for an investor, I am not sure what that means and who will invest in a company that is managed by untrustworthy people who inflicted so much financial damage to so many people, whether it was with ICO (Krowns) or Esports or other endeavors of the CEO running the show.

However it looks like the financial issues only struck investors, merchants and business partners of Kinguin, however magically skipped the CEO and his accumulated wealth as presented along on his wife instagram which is currently set private for some “unknown” reason.

And looks like their investments company is doing well while Kinguin is in shambles, I wonder what all of this means…

 

I demand my money back with 15% interest for delays and compensation for losses caused.

 

I am currently looking into going after Kinguin legally with the information I have collected and will make it easier for other to do the same, here is the public information:

Kinguin Digital Limited,

8 / F On Hing Building,

1 On Hing Terrace Central,

Hong Kong

 

 

Kinguin.net

6F, ING Tower,

308 Des Voeux Road Central,

 Hong Kong.

Company Number: 2535963

Company: KINGUIN DIGITAL LIMITED

Company Type: Private Limited Company

Incorporation Date: May 17, 2017

Company status: Still registered

Remarks:-

Liquidation Mode:-

Dismissed date /

No longer a standalone entity date:-

Charge Register: None

Important:-

 

Company name record

Name effective date Use name

May 17, 2017 KINGUIN DIGITAL LIMITED

Registered office

Registered Office: 8 / F, ON HING BUILDING 1 ON HING TERRACE CENTRAL, HONG KONG

 

Share capital

Issued: EUR 100

Paid: EUR 100

List of directors

director

Numbering

English name / Name Chinese name / Name Hong Kong Identity Card No. / Company No.

Director Information

All directorships

1

WANLI, VIKTOR--43091059 Czech Republic

CZECH REPUBLIC Natural Person

 

Company Secretary Information

Company Secretary Information (Corporate Body) # 1

English name: ZETLAND SECRETARIES LIMITED

Chinese name:         -

Company Number: 0752807

Register / Main Office: 8 / F, ON HING BUILDING 1 ON HING TERRACE CENTRAL, HONG KONG

Appointment date: May 17, 2017

 

https://www.icris.cr.gov.hk/csci/DS_Particular.do?crno=2535963&offrSeq=2&directorType=I&seqNo=1

 

Company Number: 2535963

Company: KINGUIN DIGITAL LIMITED

Last name (English): WANLI

Name (English): VIKTOR

Chinese name:         -

Previous name:-

Alias:-

Address: UL. NAMESTI J.V. KAMARYTA 76 38232 VELESIN, CZECH REPUBLIC

Hong Kong Identity Card Number:-

Passport Number / Chinese Identity Card Number: 43091059

Country / Region for Passport Issuance: Czech Republic CZECH REPUBLIC

Appointment date: July 1, 2017

 

If you are suffering from the same fate and would like us to help you out and publish your case please contact us via email:  [email protected]

 

 

Thank you for reading,

Mr. Zhang.