Hi,

im new on BHW, and i would like to share my story here.

I just moved to Bangkok with my girlfriend. She started working for a real estate company 6 months ago.

This company started 2 years ago and is earning now 50k+ every month. they have a website online and promote it all over the internet. It is owned by 2 englishman.
They do not have work permit and rights to earn this amount of money here thailand. They are just on a holiday visa in thailand, and earning cash without paying tax.

After working 1 month with them my girl felt like she didnt get enough comission for her work so she asked me to start our own real estate company.

Now it gets interesting....

One of the Englishman had a thai girlfriend.
The law of thailand says that foreigner can't own anything in thailand except for thai people.
This Englishman asked his thai girlfriend to register his company on her name.
2 months ago they split up.....

Now this thai girlfriend of him is a very close friend of my girl.

and today i got the company's name transfered to me as a gift from her.
So What can i do with it?

i was playing with some options

1.

contact these englishman and ask for 50'000 dollar and ill give them the company name and right back.

if they dont agree, i just call the police and say they are no rights to use my company's name

2.

i try to take over the company.

but here, how do i get access to their website? it has the company's name, it has the company's url. but it is hosted on hostgator server, its in the us. there is no thai law ^^


some advice on making money out of this situation? thanks alot!

does the who.is info come back to the company? Do you know all of that information? I would say that since.. the domain and hosting is registered to the company you can try to claim it but I think it matters most who the domain is registered to. Who cares about the hosting?

Originally Posted by zb.ouykcuf

does the who.is info come back to the company? Do you know all of that information? I would say that since.. the domain and hosting is registered to the company you can try to claim it but I think it matters most who the domain is registered to. Who cares about the hosting?

i just checked.... its registred on to the companys name

so i could claim that now?

but if i try to claim the domain. the admin could just change the domain registrant informations right?

Not a good idea to fuck up with somebody's hardwork. If they are making 50 grand a month, then they must have worked ass off for 2 years. And now when they are on holiday, you are thinking of running away with their work just because the law permits you. Blackhat doesn't means taking advantage of every situation and fuck with someone's hard work. -ve Rep for such an idea.

Originally Posted by redstone.1337

Not a good idea to fuck up with somebody's hardwork. If they are making 50 grand a month, then they must have worked ass off for 2 years. And now when they are on holiday, you are thinking of running away with their work just because the law permits you. Blackhat doesn't means taking advantage of every situation and fuck with someone's hard work. -ve Rep for such an idea.

agreed! plus it will just catch up with u later in life.

Originally Posted by redstone.1337

Not a good idea to fuck up with somebody's hardwork. If they are making 50 grand a month, then they must have worked ass off for 2 years. And now when they are on holiday, you are thinking of running away with their work just because the law permits you. Blackhat doesn't means taking advantage of every situation and fuck with someone's hard work. -ve Rep for such an idea.

I never said I agreed with his particular set of morals in play here.. nothing about the story even makes sense.

However for purposes of education I do not feel that the hosted files are of an importance. It is the domain that is the true value to this operation. Who is the domain registered with ?

That is your method of attack. Getting ownership of the domain transfered to you and only you.

I do wonder if its just a big con on you... your company now... you own it AND its tax liabilities...

they earning 50K per month, but the domain will not worth 1K..
the thing is, they using website for their business? or it is an offline business?

Here we have companies making more than 100 crores per month from their businesses and some of them have websites collecting dusts.. some even dont have websites.. its all offline businesses..

all you can do is, put the domain on some domain flipping websites and hope for the best.

How about this ... contact them and let them know you are very willing to cooperate with them. Also let them know that you are an expert in SEO/IM and you want to do a JV. If you manage to convince them, you got yourself a legitimate share of a good company while generating lots of goodwill to this two rich people.

Bad karma. Life is cheap my friend.

Originally Posted by redstone.1337

Not a good idea to fuck up with somebody's hardwork. If they are making 50 grand a month, then they must have worked ass off for 2 years. And now when they are on holiday, you are thinking of running away with their work just because the law permits you. Blackhat doesn't means taking advantage of every situation and fuck with someone's hard work. -ve Rep for such an idea.

Oh you mean hard work, going to a poor country, and hiring staff and paying them peanuts to do all the real grunt work, and on top of that not pay tax?

That hard work?

I say fuck em, take their shit man.

If they were treating their staff fair from the start, the staff would not have done the transfer

------------

Im quite shocked by this statement by the OP:

The law of thailand says that foreigner can't own anything in thailand except for thai people

So they can only own people, slavery is not cool man!

jkz

keep in mind that the owners worked their asses off and have made a lot of money. yea you could say they had it "easy" simply because they hired other people. but you don't consider the fact that they left their home country, set up shop in an entirely foreign place, did hiring, weeded out the best workers, streamlined/tweaked their systems, and scaled up to 50k a month. if you take away all of that from them you'd might need to learn to hide very well. because they will have the funds, means, and motive to do something as revenge.

i dunno, i see them hiring some thai hitmen to deal with you if you blackmail them lol but who knows

If I were them and someone like you fucked with my hard work earnings i would rather give someone else 50k to fuck you up so be careful

ya, i suggest do not contact them..
put the domain on some good Auction website..
lets see how much bid it gets..

U see my friend , 50k/month don't come easy , these guys must have worked their asses off for this , and now you come rip them off ?

Well , whatever you do , make sure that when you wake up the following morning and look at the mirror , you be comfortable with what you did

Because , my friend , Karma is bitch !!

Don't keep this shit , talk to the real owners and figure something out , and I'm sure you won't get out empty handed

+ you have an model of a successful business in your hands , try to study it and go through it history , and start your own thing , You and your GF and her thai friend , you'll learn from the english man mistakes and it will take you less than 2 years to do what they did

Offer someone in immigration an ownership stake if they are deported, then run the company yourself with police protection.

conscience is a bitch, dont fuk with it OP ma man

You told that person who is not citizen of Thailand can't own company, so how did she transfered that company up for you?

You don't agree with their morals but you are willing to steal from them? Mmm... Why not learn from them, copy what they have done and earn your own money? Then you can get on with your life and sleep at night, because guys who uproot and travel that distance to work are not going to let it go. Ever.

I was chased by a guy from NZ who lost money invevesting in a scheme I advised him not to invest in. He claimed he thought I lied to him so he invested more than he would have as he thought I was taking it all for myself. Following a meeting in a very expensive lawyers office in London with assistants of the dark suited variety who were not legally trained my paperwork stood up.

That was TEN years of shit. Money fucksd people up.

Those two brits should get the noob of the year award. How can you be that stupid and not have your back covered?! If you'd fuck with me over a $50k/mo thingy that I've worked my ass off to build, I'd frickin' hire some folks to bring me your nose and ears on a plate mate. Well, not really but still, I'd fight hard and I'd be ferocious. But really, ho could they be so dumb...

Edit: Now that I think about it maybe you have nothing. Maybe they left you just debt. They know the biz and have the contacts so what you have is just the name and papers which values close to nothing. It is that who has the information who controls the situation. They have the information, you might only have an illusion.

50K, damn! i don't even know what i could do!

guys, gals

Why are you spending your time to answer such BS threads. OP, look at your stats. Rather than dealing with trash stories, getting easy illegal money, and being a jerk, try to contribute here.

legally you can get hold of domain and everything that belongs to company. its in real estate so i wonder if you dont work for a month, you wont make a penny. also in such businesses contacts are the main assets (which in IM we calkl list)..i wonder if any businessman in his right mind will keep his contacts at disposal. so that any temp can come up n fuck them up. if they are just not worried to get hold of their hard earned assets that means its no longer worth a shit to them.

Now the ownership has been transferred to you , so you hold all responsibility and liability towards business. may be they have done some unfair practices which are going to come back now and its good for them just to leave it and fly away. they were never owners so no 1 can touch them. why his girlfriend transferred ownership to you? she could have kept it or given to some other closer person? is she so dumb to give away $50k/month cash cow just because the guy who actually own it fucked up with her?

if i was the business owner i would never let the girl go before i make sure the company will be under my control afterwards.only after this i ll dump tht bitch.

in case even if everything is fair and those owners are so dumb to let you take ownership, will you be able to manage the business flow? can you keep it running as it was? i would rather contact the owners and tell them situation. since the girl left now, these Englishmen must be in need of new reliable native fella to come n take ownership. and this could be good opportunity for you to make grand legitimately without putting down your morals.just my 2 cents

Originally Posted by Kickflip

Ya I don't really get all these people talking about Karma etc. The Englishmen do not have a legal right to be operating their business there. They are earning money in an already poor country, and not paying tax on it. I think screwing them over a little for a bit of cash IS the Karma.

I don't know if people actually understand how many people can get hurt by this illegally operated company. There are chain reactions of hundreds of people getting screwed over when offline local businesses operate illegally.

There is a difference when you are making 2k per month through Internet Marketing and don't pay tax on it. You aren't taking the money directly out of the local economy. But because this is a real estate business, the Englishmen are just taking tons of money directly out of the local economy, and not putting it back in properly. This company probably replaced several other smaller companies, which means people were out of work, and have no social benefits available to them because the government doesnt have enough taxes.

I would say its a wash with Karma if that company gets screwed over.

i agree with you

Originally Posted by thinkinghat

legally you can get hold of domain and everything that belongs to company. its in real estate so i wonder if you dont work for a month, you wont make a penny. also in such businesses contacts are the main assets (which in IM we calkl list)..i wonder if any businessman in his right mind will keep his contacts at disposal. so that any temp can come up n fuck them up. if they are just not worried to get hold of their hard earned assets that means its no longer worth a shit to them.

Now the ownership has been transferred to you , so you hold all responsibility and liability towards business. may be they have done some unfair practices which are going to come back now and its good for them just to leave it and fly away. they were never owners so no 1 can touch them. why his girlfriend transferred ownership to you? she could have kept it or given to some other closer person? is she so dumb to give away $50k/month cash cow just because the guy who actually own it fucked up with her?

if i was the business owner i would never let the girl go before i make sure the company will be under my control afterwards.only after this i ll dump tht bitch.

in case even if everything is fair and those owners are so dumb to let you take ownership, will you be able to manage the business flow? can you keep it running as it was? i would rather contact the owners and tell them situation. since the girl left now, these Englishmen must be in need of new reliable native fella to come n take ownership. and this could be good opportunity for you to make grand legitimately without putting down your morals.just my 2 cents

i was thinking to co operate with them, if they are willing to give me some cash...ill be willing to sell them the legal right for the company's name.
if they don't co operate, ill just close it down and tell the authority of thailand , that these foreigners are earning cash for years...

karma blabla... i belive in karma, and i believe things like this dont just fall into your lap...so just go with the flow and use the situation wisely.. ^^

Originally Posted by jakkraphong

i agree with you

http://www.youtube.com/watch?v=fOdkx79Vwqk



Bro i would leave the Thai authorities out of the deal all together? Why wouldn't they just cut you out too? Who is the domain registered to and who is it registered with? That is all you need to know to win. Take the domain and the backlinks and clone the site on another server. Also if they are selling real estate to foreigners another reason for their success might be that gaijing like myself rather deal with another round eye so you are going to need to hire an actor.

Havea think about how much it would cost them to have you disappeared over there...

If I was in your shoes, I would go talk with them, and sign in a deal which gives you 25% of all your earnings. That will be like $12.5k. and go enjoy yourself with your girl friend

Best thing to do.

For the wrong move they did (transferred it to his girl) they wont mind paying up 25% of the revenue.

Originally Posted by Kickflip

Can I go register a business called Google and take their website? No. It doesn't work that way.

How can you register a business called Google, when Google is already registered by someone else?

I feel like being a fool or its you?

@jakkraphong

Whats stopping the guy from finding you and breaking your legs?

Its a bad idea , I would not pursue it.

So basically you took a 50k/mo company THAT HAS NOT BEEN PAYING TAX and you now own it?

Have fun when the tax man comes.

OP is not active for sometime.. maybe the thai guys got a hold on him.. best of luck OP

OK I have quite a bit of experience in registering businesses and getting round Thai laws as a English man in Thailand.

The law is set out to try and keep Thai businesses in the control of Thai people, however there are so many ways round this.

Registering a business you would only be allowed 49% of the holdings and a Thai 51%, however you can further split the holdings down to your lawer and his co workers.

EG.

You 49%
Girlfriend/Wife 48%
Lawyer 1%
Office worker in the lawyers office 1%
Office worker number 2 in the lawyers office 1%

Your the majority holder.

However its easier to just do the 49% and 51% with your girlfriend/wife.

Then the important thing, 1 week after the company is registered, you go back to the lawyers office and the wife/girlfriend then signs over directorship to you. Now you the boss and nobody can touch anything of your assets.

Most lawyers in Thailand, will also ask your capital investment and will put on the paper what, ever you want no proof. So you can get a work permit if you investment says 2.2 million THB or over, however you can still run and own a business with no work permit, you can use thai staff.

I'd say park the domain with adsense on it.Best option

The 2 following scenarios are most likely to happen if you keep this company :

a : You get in huge trouble with the tax man and have to pay enormous amounts to cover for the lost taxes. The 2 English guys are glad you took the fall and don't break your legs or worse.

b : You get in huge trouble with the tax man and have to pay enormous amounts to cover for the lost taxes. The 2 English guys still come after you cause you screwed them over.

---

or you work out a deal with them or transfer the company to a guy they can't touch ( local mob or something ) and earn on any of those transactions.

Just make sure to cover yourself , life is cheap in thailand I have heard.

Best of luck

Your story sounds like "You are in big mess".
1. You have to pay taxes for the money, you never saw.
2. The business could have a large loan/client support cost (Sometimes client support costs are larger than profit)
3. You are being used for money laundering.

So my 2 cent: Hold your balls tight and don't get greedy....

dude i know we're on a black hat forum, but stealing like this is really bad karma, if I were you i would just give them the domain back, it's not really yours to take in any way.

$50,000 a month??? Share some profits with me and if they try to take it back we'll launch our DDOS attacks among their small fleet of servers. WE WILL WIN!

Blackmailing someone isn't the best option always, it may get you some money in short term but Karma will eventually catch up with you.

okay guys i have news about the company.

the company did pay taxes since it started,

but the 2 english men did not pay taxes. they will be in trouble with the thai immigration if somebody make a call...

so now i have no trouble with paying taxes for money i never saw....

we planned to transfer the company to me on tuesday... im still corious whether its good or bad.


the company is at the moment under her name, and the bank account also.

but i will only get the company's name from her, she is willing to give it to me because i have give her cash whenever she needed it, and her ex boyfriend give a shit about her since they split up... thats simple... good karma.. ^^

she told me, she even signed hundreds widhtdraws checks of her bank account.
so that the englishman can just checkout with the cash.

but she doesnt want to touch it... lol...

If you fuck with those boys sleep with one eye open cause I'd personally put a bullet in you. I now live in thailand and the people live life by karma, well this is bad karma OP and bad things will come from it....

Why not explain to the 2 english gentle men that you like to be cut in on their work and become a partner in their business... if they've any sense and your not a complete greedy lil bastard you'll make some really nice money and get to keep your life also.

It could be one of two things -

1 - they really did get fucked over by the girlfriend however as many people have previously said, if I was making 50k per month I wouldnt hesitate to make you "disappear".

2 - They were using the business for some sort of "pump and dump" scheme. They've made all the cash, maybe they've got a bit of heat from authorities/government etc, they get out now, leaving the girlfriend to pay all the back taxes etc. Then the girlfriend realises this, and gives you ownership as a "gift". Meanwhile the two English guys have already fled the country having pocketed some nice change..

Well make a deal with them .

They still a thai person to own the company. So, be that guy and earn a great amount of dollars each months for it.

Otherwise the company is yours and it will stay that way.

Getting a deal is the best thing to do right now. Ask for 10% of the earnings. You'll get these 50k$ in no time

Originally Posted by KHMNTCPR8

keep in mind that the owners worked their asses off and have made a lot of money. yea you could say they had it "easy" simply because they hired other people. but you don't consider the fact that they left their home country, set up shop in an entirely foreign place, did hiring, weeded out the best workers, streamlined/tweaked their systems, and scaled up to 50k a month. if you take away all of that from them you'd might need to learn to hide very well. because they will have the funds, means, and motive to do something as revenge.

i dunno, i see them hiring some thai hitmen to deal with you if you blackmail them lol but who knows

agreed, thai gov't is corrupt. for $5k USD those guys can make your life really hard. i'd do the seo/im partnership deal with them.