Category Archives: Latest Update


July 02, 2013


Our Shareholders will be pleased to learn that we have had a response to our submission to the Federal Trade Commission regarding AlertPay/Payza. You’ll see that they will not give information of their intended actions, in common with most other organisations we have been in touch with. The information we have sent them is now lodged within the Consumer Sentinel database where it remains accessible to law enforcement authorities worldwide.

 Federal Trade Commission middle stor




July 01, 2013


On 3rd June, 2013, Themco received an offer from a lawyer “in contact” with AlertPay/Payza that both sides to this dispute should make undertakings to end the dispute between ThemcoEKF and AlertPay/Payza, with mention of a possible contract.

The undertakings would involve cessation of our campaigns which bring to the notice of the commercial world the past case law involved and the facts about the case won by ThemcoEKF, currently under appeal in Canada. The single, simple undertaking by AlertPay/Payza would be to release the withheld funds to ThemcoEKF together with a sum to cover our legal costs, interest at 6% and an agreed sum to cover compensation for the libellous statements posted on their defamatory website including theft of photo images.


Their lawyer was asked to draw up a contract on 4th June which could be agreed by his “contact” (they still deny a client/lawyer relationship with anyone other than MH Pillars Ltd) and ThemcoEKF which would enable the dispute to be ended. After some procrastination they were put on notice that the contract would need to be available by the end of last week, Friday evening 28th June, 2013.


Not unexpectedly, no contract has been received, just a weak email from the lawyer proposing further negotiations “settling all claims between it (AlertPay, Inc) and your company, Themco EKF”. They were put on notice that the contract would now need to be available immediately, but as this is written, at 5pm (BST) on Monday 1st July, 2013, no further communication has been received.


It is therefore necessary to restart the campaigns which had been paused (on legal advice) during the prolonged negotiating period. Needless to say, the Executive Committee has been very busy during this period and many new routes of investigation and action are being progressed.

The campaign has now escalated, and although precise details cannot be placed on a public forum or blog, we can inform our members that this now includes a coordination of the various law enforcement and licensing authorities,  with especial emphasis on the “emerging markets”, Bangladesh in particular, in which Mr Patel seems to be paying inordinate interest.


We are also now looking at the criminality of various actions which have been taken by the other parties and their associates. Also, during the past few months, other persons and organisations have contacted us with information about how their funds have been allegedly illegally withheld by AlertPay/Payza and this has now been collated to form the basis of future action.


Once again our thanks go to all those who have contributed so much and who are now to re-engage with the task in hand. Membership of the Executive Committee is now by invitation only, but we are still looking for more expertise. If you have good skills which you feel might be of use please contact support, we are especially looking for further internet ability (SEO etc) and legal or para-legal proficiency.

THEMCO Finally win in Canada, spearheaded by Terry Gilder


On 17th May 2013 a victory, spearheaded by Terry Gilder, was won by Themco EKF, in the Montreal Superior Court to dismiss the contestations of AlertPay and giving them 30 days in which to appeal.

This followed our earlier success of having the same court issue a Safeguard Order that Firoz Patel should send the near $1million to a trust account held to the order of the court.

You might recall this money was originally retained by AlertPay (yes, we have it in their own words, same leopard, same spots) using a spurious cooked up Swedish court case as an excuse. Themco have won the case in Sweden following withdrawal of falsified evidence by the other side, expenses awarded to Themco. But still the money is retained.

Within hours of the Montreal judgement it seems AlertPay/Payza/MH Pillars, as they now describe themselves, despite everything they said about not having the money any more, suddenly found themselves able to offer refunds to individuals! This in contravention of the Montreal Court judgement, in contradiction of everything they had said previously, and apparently suddenly overcoming the fact that they are unable to operate legally in the UK because they are running scared of the Financial Conduct Authority! Poor Alastair Graham, their CEO, is being used as the UK patsy in all this. Would you believe it? No, neither would we! If they haven’t got the money how can they refund it? Do you honestly think they would anyway?

Themco did manage to retrieve approximately half a million dollars from AlertPay after long wrangles and delaying tactics which meant that the Swedish case, based on false documentation, could be quoted as a reason to stop returning the other million dollars to the escrow account, where the balance is safely kept.

In all this Themco has operated within the frameworks of the various legal systems in the countries involved. We, unlike Patel, do not consider ourselves to be above the law. We have not been economical with the truth in Court. We have not proffered false evidence, which has to be withdrawn later to save embarrassment and/or contempt.

Within our cooperative of 13,000+ members is a collection of many talents. These are now fused together within the framework of our Executive Committee. We will see this matter through.