TCRLO SUES KMT FOR STOLEN ASSETS
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Case Number: C10-362JL
NOTICE TO POTENTIAL FORMOSAN CLAIMANTS AGAINST KMT
SUBJECT
TCRLO v. Koumintang Business Management Committee (KBMC) and Does 1-20
U.S. District Court of Northern California
San Francisco, CA
BACKGROUND EXPLANATION
TCRLO and co-plaintiffs have initiated litigation for unjust enrichment by the KMT and its proxy-banks. In 1948-49, the KMT moved about 3 million market taels (MT) of gold reserves from mainland China to Taiwan island. These reserves were collateral for ROC gold bonds issued by the ROC beginning in 1913 by foreign banks to foreign bond holders. The ROC defaulted on its sovereign debts because the KMT unjustly enriched itself by its long history of KMT misappropriation of these gold reserves. The 1950 conversion from Old Taiwan Dollars into New Taiwan Dollars was done under the Gold Standard. The new currency was collateralized by gold. The mandatory exchange was done at discounted rates far below the official exchange rates of the Bretton-Woods System. In an elaborate effort to thwart hyper-inflation in the Taiwan economy after 1947 Incidents, the ROC gold reserves were cleverly laundered into the local population by KMT banker T. V. Soong using the Bank of Taiwan and many local Taiwan banks. These Chinese mainland gold reserves were depleted during the 1950 exchange of currency in personal accounts of Formosans. However, new incriminating evidence by British sources demonstrate that 50% of all USD account deposits in Hong Kong offshore banks were from the unregulated gold bourse in Bangkok in 1950. British offshore banking has records of the KMT unjust enrichment, and TCRLO wants to get an equitable accounting of the KMT misappropriation of ROC gold reserves via Taiwan. Formosans are eligible to join the TCRLO lawsuit if they can substantiate their claims against the KMT under the 1950 conversions of their Taiwan bank accounts. There is potential compensation and punitive damages for qualified plaintiffs who join the TCRLO lawsuit against the KMT. With the initial exception for legal process fees for qualified plaintiffs, TCRLO will be funding the costs of litigation. All your evidence, sworn affidavits, and processing fees must be received by TCRLO in 60 days from this legal notice. It must be mailed early enough to arrive before the 60 day deadline. It is not possible to modify the legal petition to include your Taiwan bank after the court deadlines. Undeliverable or late submissions will become ineligible.
DEADLINE: March 28, 2010
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The 2-28 Incident ethnic cleansing was a result of too many deaths as well as plundering of the personal assets of the Formosan people. TCRLO v KBMC is a Formosan victim asset litigation case in serious need of more legal evidence of the KMT laundering gold reserves via the Taiwan banking system in 1950. If Formosans do not provide sufficient amounts of evidence of 1950 KMT co-mingling the gold assets via the currency conversion, then it is their own darned fault that their U.S. case will not be able to pursue the KMBC and any proxy-banks via Taiwan. Given the financial savvy of the KBMC and KMT-banker T.V. Soong, the Formosan natives were like sheep being led to the slaughter and were financially fleeced, too. TCRLO is pursuing the KBMC for their financial crimes of 228 ethnic cleansing, and it is an angle of legal attack that will dramatically open up British banking archives. Over 50% of USD deposits in British Hong Kong offshore banks were estimated to be related to gold smuggling via Bangkok in 1950. This falls outside of the Bretton-Woods System for foreign exchange during the era. Such was clearly KBMC money-laundering by the Green Gang racketeering pattern since the 1927 takeover of KMT finances by T.V. Soong. The KBMC or "KMT, Inc" is a Chinese criminal enterprise and so are its banking proxies! Anyone of Formosan descent can qualify for potential compensation, if they can clearly demonstrate their Japanese Family Register has 1950 currency conversion stamps on it. ROC mainlanders are ineligible under Lin v United States.
This is not a class action lawsuit. If you do not submit evidence, then you will never be able to make any future claims under TCRLO v. KBMC. The train is leaving the station! |
ELIGIBILITY
Under Lin v United States, Formosans of Japanese Family Census Registers are eligible. Native islanders with habitual abode on Formosa in 1950 and lost Japanese nationality on April 28, 1952, are Formosan nationals under customary law of interim status of SFPT. All US citizens and US permanent residents are not eligible under IRS tax laws. This IRS ineligibility includes any dual nationals also holding US Nationality. It is highly imperative to obtain copies of the 1950 Family Census Register with all legible stamps for the currency transaction. Lineal descendants of Formosans are also eligible (i.e. grandchildren).
ROC mainlanders are ineligible under Lin v United States. If your paternal grandfather was only a ROC mainlander, then perhaps your maternal grandfather was Formosan. If both sides of grandparents were ROC mainlanders, you are not eligible.
REGISTER/APPLICATION FORM
Please sign both forms in English and Chinese.
FEE: $50
Make USD check, travelers check, or money order payable to: TCRLO
This fee is for the associated legal costs of setting up an appropriate legal entity for your protection with other Formosan claimants.
CONTACT:
TCRLO
P.O. BOX 612213
SAN JOSE, CA 95161
U.S.A.
This ROC Military Supply Bond was payable in New York in 1944 by the Bank of China. Today it is called Mega International Commercial Bank. This is proof for US jurisdiction. TCRLO does not have this bond sample in its collection.
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