2021:

Project Latoken

This is about a project to bring cryptocurrencies to the Latoken exchange. Here, money is to be collected with worthless coins.

Cooperation Partner
Schweizer World Pte. Ltd.
Maren Schweitzer
4 Battery Road | Bank of China Building #25-01 | Singapore 049908
Registration No. 201713546E

Mobile: +65 9172 5577
Email: maren@schweizer.world
LinkedIn: https://sg.linkedin.com/in/dr-schweizer
http://www.schweizer.world

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MicroMentor by MerciCorps

Since 2008 MicroMentor offers entrepreneurs and mentors a communication platform.

Mr. Sominder Singh is listed as a mentor on the platform. The listed expertises are subject to verification. We assume that new contacts will be sought from this platform.

2021:

KOIK TECHNOLOGIES OU

est. 5.03.2020

CEO: Sominder Singh Mallhi
Sepapaja tn 6
Tallinn , 15551
Estonia
Phone: +372-59181347
http://www.koik.io (Switched off)

KOIK TECHNOLOGIES OU is located in Tallinn, Estonia and is part of the Consulting Services Industry. KOIK TECHNOLOGIES OU has 1 total employees across all of its locations and generates $83,572 in sales (USD).

INFO: The company was founded in the beginning of 2020 and served to sell programming services and other things. Service providers were sought and these were told that they would receive many orders if you register in the network. Also for companies that were interested in these services.

The business model works as follows:

The programmers (service providers) have to pay a connection price in order to be considered for contract awards.
The customers must pay advance payments for the assignment of orders in order to achieve a high discount on the service hours of the programmers.

Hereby one reaches a double source of income concerning prepayments. From this there are deviating models that e.g. programmers are promised participation in the company, these would have to use however your manpower for it.

(If you know of other specific models, please let us know)

In the meantime, the company no longer has a homepage. A negative report of a user could be found(https://twitter.com/ayushticks).

Apparently, this company has hired people but has not paid them a salary. There is talk here of EUR 30,000 in damages.

https://creditreports.ee/koik-technologies-ou
It is reported here that MR TRADE OÜ serves as a contact along with Sominder Singh. MR TRADE is later the same address as Sominder Enterprises OÜ.

2019:

Tax office Germany

Hofheim im Taunus Tax Office
Germany
EUR 52,000 income tax debt.

2018 and 2019:

Johal Transfer Services

Friedrich-Ebert-Strasse 9a
65824 Schwalbach
Germany

UPDATE November 2022: In the meantime, EUR 10,000 of the debt is said to have been paid off.

Mr Singh hired several luxury vehicles through the company Johal Transfers Service with the promise that He would organise business for the company JTS. The only thing Mr Singh did with the S-Class and Rover SUVs was to spend holidays in Norway with his wife.

Mr Singh owed a total of about EUR 20,000. This was because he took advantage of Mr Johal's good nature and told him, among other things, that he had family problems and needed private loans.

As things stand, Mr Singh is paying back the debt in instalments because Mr Johal has announced that he will pull strings to prevent Mr Sominder Mallhi from coming to his home country, India.

2016 / 2017

Smart Car Solution GmbH

Foundation address (4,000 EUR rent/month):
The Square 12 (Frankfurt Airport)
60549 Frankfurt

After three rents were not paid to the landlord Regus Offices, it went to the following address:

Bettinastrasse 30
60325 Frankfurt

Managing director at the start: Sam Taghadossi (was dismissed in a night and fog action because he wanted to disclose the machinations and had to sign a non-disclosure agreement)
After Mr. Taghadossi's dismissal: Sominder Singh
Shortly before insolvency transfer to: Ranjeet Mallhi Singh (Alleged relative)

Proceedings at the Frankfurt Public Prosecutor's Office: Case No. 7683 Js 236406/17
Bankruptcy pursuant to § 283 StGB; benefit fraud pursuant to § 263 StGB; delay in insolvency pursuant to § 15a InsO; violation of § 360 AO

UPDATE to November 2022: Frankfurt prosecutor's office has collected about 2,000 pages of thick file and is currently interrogating with accused business partners.

Business concept:

There were any luxury vehicles on offer at very favourable conditions. However, a down payment had to be made. These deposits were to be used to finance the first orders. At Audi Frankfurt on Mainzer Landstrasse, 5 Audi A6 RS were also ordered, but never picked up.

Within 18 months, approx. 475 orders came together, for which, however, only 10% actually made the down payment. The damage amounted to over 200.000,- EUR. After the cars did not come, Mr. Singh had a relative (Ranjeed Singh) from India registered as managing director and then went bankrupt.

Aggrieved cooperation partner

guteRate24 Ltd.

Pagendarmweg 7
D-33100 Paderborn
Germany
https://www.gute-rate.de/
Damage: approx. EUR 60,000 in deposits not paid back. Since the orders were received by guteRate24 GmbH via the platform, many customers took recourse against the GF of guteRate24 GmbH.

Aggrieved cooperation partner

Atlant Development e.K.

Benzstr. 13
D-84030 Landshut
https://atlant-development.com/
Damage: approx. 10,000 EUR for website development.
The creation of the Smart Car Solution website was not paid for.

Aggrieved cooperation partner

Ouandji Sammy Payom

Bismarckstr. 102
D-10625 Berlin
http://www.payom.de
Damage: approx. 6,000.- EUR for wages
Mr Payom managed the business of Smart Car Solution for a few months with the prospect of being taken on as managing director. After the remuneration for the job failed to materialise, Mr Payom terminated his employment.

Aggrieved company
In the year 2017 to 2018:

Welldo GmbH

Robert-Bosch-Strasse 13
D-65719 Hofheim
Mr Singh has concluded a total of 4 contracts for the use of vehicles with the above-mentioned company. Financing was entered into for this purpose, which was to be secured by a loan of EUR 50,000 from Mr Singh. After the first three months, no more instalments were paid and the loan, which was concluded before a notary, was not fulfilled by Mr Singh.

Mr. Singh presented profitable deals that were confirmed by former and new business partners. The resulting sales subsequently proved to be without substance. However, this only became known after Mr Singh had already received the commissions for these transactions.

The above mentioned company was forced into insolvency because after 18 months more than 350,000 EUR of contractual obligations of Mr. Sominder Singh were not fulfilled. Commissions paid out for the brokerage transactions were without substance, but were not refunded by Mr. Singh.

Injured company

Bernert Müller Schwenk

Partnerschaftsgesellschaft Rechtsanwälte, Steuerberater
ALEXANDER SCHWENK
Lawyer and Notary, Dipl.-Betriebswirt (BA)
Steinweg 3 - 5
60313 FrankfurtTel: +49 (0) 69 9288684 - 13
Fax: +49 (0) 69 9288684 - 15
Email: alexander.schwenk@main-notar.com
www.main-notar.com

Here, Mr Singh has owed fees for notarial and legal services. Mr Schwenk has also tried prosecution as far as India, but ultimately without success.

Damage: approx. 5,000 EUR

Injured company

Autoprinz e. K.

Hohe Kamp 17
33175 Bad Lippspringe
http://www.autoprinz.de

Company was in cooperation with guterate24 and had the task to manage the vehicles for vehicle delivery and return. Down payments in the amount of approximately 50,000 EUR were lost.
Company Autoprinz has ceased operations shortly after the Inso of Smart Car Solution.

Aggrieved company:

Procars Solution GmbH

Trade and rental of motor vehicles
Feldweg 3
6471 Arzl im Pitztal
Austria

The company Procars with its managing director Robert Kurz and the co-partner Werner Birmelin have paid a high five-digit sum to acquire the depandance rights of Smart CarSolution in Austria. The company Procars has successfully won some customers and received down payments, as well as forwarded them to Smart car Solution GmbH, or had them paid directly. As the vehicles were not delivered, Procars GmbH went bankrupt due to the customers' claims for damages. The managing directors and shareholders of Procars have fallen into social ruin because they had invested their savings in Procars GmbH.

2017:

Mallhi Services GmbH

Kaiserstrasse 55
60329 Frankfurt am Main
Germany

The partner here was the wife of Mr. Sominder Singh Mallhi, namely Mrs. Hanae Halmdienst.
Managing Director was Judith Hohlfeld.

Another company was set up here for his employee Judith Hohlfeld, which was to carry out concierge activities for managers in small and medium-sized businesses.

The GmbH contribution was not completely paid here, Mrs. Hohlfeld has reported the company insolvency, after no more budget was given to her by the company Smart Car Solution GmbH. So it came that the company was already after 6 months in insolvency.

Ms Hohlfeld, although a full-time employee, was supposed to lease a BMW 135i in her name (privately), the costs of which would be reimbursed by Smart Car Solution GmbH. After the termination, Ms Hohlfeld was left sitting on the considerable instalments and Smart Car Solution no longer fulfilled its contractual obligations. The damage amounted to approx. 15,000 EUR.

The keys were not given back to the landlords for 5 months, which means that after deducting the deposit, another 5,000 EUR in damages remained.

The ordered server system with workstation computers and the ordered furniture were also no longer paid for.

2018 / Aggrieved tax office:

HLB Vorarlberg GmbH

Tax Consulting and Auditing
Gallmiststraße 13, 6800 Feldkirch
Austria
T: +4355223944042
info@hlb-vorarlberg.com
www.hlb-vorarlberg.com

Here, Mr. Singh owed fees for tax consulting services. It was a matter of preparing the tax returns for the years of Volatum and BlueLocals. In the proceedings, however, Mr. Singh failed to provide answers and left the tax consultant sitting on the invoices for the work performed. To get out of the obligation, Mr. Singh Mallhi has sent a straw man to generate trust with the tax office. This person was also not remunerated for the services.

Damage: approx. 6,000 EUR

2017:

Tax office Austria

Feldkirch Tax Office
Reichstrasse 154
6800 Feldkirch
Austria

Tax number: 981940810

There are EUR 244,165.53 income tax debts at the tax office in Austria.

2017:

Centurion GmbH

Limburg

Germany

Flight voucher business with the use of a purchasing network located in Limburg. Approximately EUR 50,000 was embezzled here. The company Centurion GmbH had massive losses and lost regular customers.

Letter to the Feldkirch Public Prosecutor's Office

Criminal charge of commercial fraud

2017 Cooperation partner:

ER Expanse Reduction

An organisation specialising in the long-term improvement of the competitiveness of companies. They are active in over 40 countries worldwide and support clients in the areas of purchasing and material cost optimisation, marketing purchasing, supply chain management, purchasing of raw materials and global sourcing, mobility management, ancillary personnel costs and temporary employment, tax optimisation (EEG, employers' liability insurance association contributions), banking, IT and digitalisation as well as production cost optimisation. All Expane Reduction analysts are independent freelancers organised in a franchise with the umbrella company.

Flight voucher business in the Netherlands, Belgium, Germany and Portugal. Approximately EUR 200,000 in damages were mentioned here. The partners were sold area protection contracts without delivering a service later. These area protection contracts had to be serviced with advance payments.

Currently, the partners seem to be embarrassed about the matter and are not officially claiming the outstanding debts from the business partner Sominder Singh Mallhi. It is possible that they themselves have concerns about liability towards the customers.

2015/2016

BlueLocals LtD.

Regnr 05638527
Schanzstrae 42/109
Vienna
(correspondence address 20-22, Wenlock Road, London, England, N1 7GV )
Dissolved 27 Dec 2016
Incorporated: 17 Jun 2015
FLIGHT CONTRACTORS LTD 17 Jun 2015 - 18 Feb 2016

Airline voucher business. Went bankrupt after one year.

Previously operated as sole traderBluelocals
Sominder Singh / Bluelocals
Schanzstrae 42/109
Vienna
Established: 2013-01-07
Trade licence cancelled 17.02.2017

2016

Volatum Ltd.

FN 439749s
(GF: Alexander Philipp Pasz deleted 11.05.2016)
Heiligenstädter Straße 331/5/3
Vienna
then to
Lehenweg 2/A 13A
6830 Rankweil
LG Feldkirch (929), file number 14 Se 149/16y
Bankruptcy proceedings
439749s
27.01.17 Insolvency proceedings are not opened due to lack of cost coverage. The debtor is insolvent.
as of 22.02.2017 The company is dissolved as a result of the non-opening of insolvency proceedings with final effect for lack of assets to cover costs and insolvency.

Airline voucher business. Went bankrupt after one year.

2016

Mahrberg AG

Liechtenstein / Switzerland

Damage over 1.5 million EUR. The company was told that there are flight vouchers from AirIndia which allow standard and all-inclusive flights throughout Europe at well below the list price. However, the above-mentioned amount would have to be paid because a corresponding quantity would have to be ordered.
The amount went to India. From India 550.000 EUR were transferred back to Mr. Sominder Singh Mallhi on an Austrian account. Where the rest remained is unclear (possibly Indian middlemen).

Mr SSM worked as Sales Director for Mahrberg AG in Liechtenstein. He was released from this job because, among other things, SSM had incurred extreme travel expenses.

2016

Andreas Pasz

Austria

Loan of EUR 8,000 has not been repaid.

2013