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To: mmmary who wrote (4003)	1/2/2003 11:26:53 AM
From: Jeffrey S. Mitchell	Read Replies (1) of 12465

Re: 12/20/02 - [VLVT] Poster textileguru accuses Veltex of fraud on Raging Bull By: textileguru 20 Dec 2002, 11:34 PM EST Msg. 8361 of 9654 NOTICE & WARNING TO INVESTORS RE: VELTEX IS INDEED A SCAM "For the record" All innocent, hardworking American investors are being advised "UNDER THE PENALTY PERJURY" that " INTERNATIONAL FRAUD NAMED JAVEED A. MATIN" is defrauding you by putting out false PR newswires. 'WE AS BONAFIDE DIRECTOR OF VELVET TEXTILE MILLS LTD. DECLARE THAT ALL FINANCIAL CLAIMS MADE BY FRAUD MATIN RELATED TO VELVET TEXTILE MILLS LTD IS FALSE IN THE RANGE OF 100%'. 'WE FURTHER DECLARE THAT THERE IS NO LEGAL RELATIONSHIP BETWEEN VELVET TEXTILE MILLS LTD. BANGLADESH AND VELTEX CORPORATION' WE CHALLENGE VELTEX ATTORNEY'S TO PRODUCE SUCH DOCUMENTS FROM ANY BANGLADESHI GOVERNMENT AUTHORITY. This post is being posted on behalf of 2 directors of Velvet Textile Mills Ltd. Commillah, Bangladesh Over the past two years mill in Bangladesh did not made a single penny, most of the time mill was closed. Mill is still closed. At no time mill had over 12 employees (salary average $30 per month) Few old looms (maximum 6 at any time) were in rented out to local dealers who made cheap quality sheeting fabrics. Fraud Matin, forged many documents to obtain bank loans. He produce one fake letter of credit to Rupali Bank in Bangladesh and obtained some loans which he spend on his fast lane life style. When Bank went after him, he left Bangladesh and now doing his old game defrauding investors again by putting out false PR newswires, hiring paid pumpers. As a matter of fact Velvet Textile Mills Ltd. never went into commercial production and never made a single dime in profit. Since 1996 Fraud Matin is defrauding investors to support his fast lane life style. This guy is a crook. please be very carefull in dealing with him. We will back up this statement and all statement in this board before any legal authority. We are telling the truth so we fear no one. TG (Voluntary Disclosure: Position- No Position; ST Rating- Strong Sell; LT Rating- Strong Sell) ragingbull.lycos.com

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