The crazy story of The 5 Percent Community, or better known as T5PC, continues.
In today's edition of Finansavisen, reference is made to a letter of resignation written by a former board member of the company, Willy Klaussen. The letter is anything but uplifting reading for members and key people in the network.
Through 13 points, Klaussen unleashes the lead in T5PC.
- In January 2004, it was approx. NOK 110 million on book. It's gone now. The companies have mostly been sold or given away, or disappeared with little or nothing back to the company, Klaussen writes in the note that Finansavisen has been given access to.
When the cash register was empty, T5PC, according to Finansavisen, had to run out of members' money. At the same time, Klaussen writes, key people in the company sold shares in buckets and buckets from companies abroad. It is estimated that between NOK 200 and 300 million have ended up in the pockets of some shareholders.
Thomas Øye is also connected to T5PC by Klaussen, who writes that Øye was part of the company from the very beginning. Øye's business partner, Kristian Helgesen, was also hired to sell shares in the company, which in the summer of this year had several furious creditors.
Among other things, Hells Angels from Denmark must have knocked on the door to collect money.
- When the disaster was near, Kristian Helgesen was brought in to contribute to the sale of A-shares. In the media, he is associated with Thomas Øye, who by the way was also part of T5PC from the very beginning, Kluassen writes according to Finansavisen.