World

Experts Share the Tips on Running a Successful Brick Fundraising Campaign for Veterans

Published

5 years ago

March 4, 2020

In a global survey, many experts have shared important tips on running a successful brick fundraising campaign for veterans. Many non-profit organizations have been collecting funds from people by running a brick fundraising campaign for veteran servicemen or women. However, they often encounter certain challenges in their work in order to run a brick fundraising campaign in a successful manner.

Many volunteers attract people to offer money to engrave bricks or tiles as memorials for veterans and but sometimes, things don’t work well due to inappropriate planning or lack of right information. Sharing the first important tip to run a successful brick fundraising campaign for veterans, experts said that fund organizers should think of releasing a press release in order to inform people about their initiatives.

According to them, many fundraising campaigns are simply focusing on veterans memorials monuments without paying the necessary attention to ways to inform people about their work. They said that plenty of different means such as press releases, blogging, social media, and website, etc. are available with everyone in order to spread the word about a given cause.

As we are living in the digital world, using different means of technology in order to spread the word about a given cause can simply help an NGO to reach a high volume of people. And many organizations working for the US army memorial have been making use of digital marketing campaigns to give hint to people about their initiatives. In addition to this, they have been making use of different social media platforms such as Facebook, Twitter, Instagram, and LinkedIn to reach people and run their donation campaigns digitally.

Experts said that by interacting with the clients in a regular manner, it becomes possible for fundraising campaign organizers to develop a healthy and loyal relationship with their clients. Because of this, it becomes possible for every fundraising volunteer to increase their network in a steady manner. They said that social media channels have offered excellent opportunities for everyone to interact with their clients in a simple manner.

Suggesting the other tip, experts said that one should only consider contacting the local vendors to inform people about the fundraising campaigns. It will simply help fundraising organizers to reach a number of people in order to spread their message about fundraising in an effective manner. It is really important to make people clear about the right idea of fundraising in order to gain the full attention of people.

While carrying out a brick fundraising campaign, it is important to utilize diverse means in order to inform people about a fundraising campaign in an easy way. By following this step, it will also become possible for every fundraising campaign organizer to bring different categories of people in contact with this campaign.

Most importantly, it is important to contact an expert agency in order to execute the task of fundraising in an effective manner. According to experts, choosing the right action plan matters a lot and it plays a crucial role in increasing the reach of the fundraising campaigns to a wider audience.

World

TRG Chairman Khaishgi and CEO Aslam implicated in $150 million fraud

Published

2 weeks ago

June 23, 2025

Jenny Jackson

In a scathing 52-page decision, the Sindh High Court has found that TRG Pakistan’s management was acting fraudulently and that Bermuda-based Greentree Holdings historic and prospective purchase of TRG shares were illegal, fraudulent and oppressive.

The Sindh High Court has further directed TRGP to immediately hold board elections that have been overdue and illegally withheld by the existing board since January 14, 2025.

In the landmark ruling, the Sindh High Court has blocked the attempted takeover of TRG Pakistan Limited by Greentree Holdings, declaring that the shares acquired by Greentree, nearly 30% of TRG’s stock, were unlawfully financed using TRG’s funds in violation of Section 86(2) of the Companies Act 2017.

“Having concluded that the affairs of TRGP are being conducted in an unlawful and fraudulent manner and in a manner oppressive to members such as the Petitioner (Zia Chishti), the case falls for corrective orders under sub-section (2) of section 286 of the Companies Act,” Justice Adnan Iqbal Chaudhry concluded.

The case was brought by TRGP former CEO and founder Pakistani-American technology entrepreneur Zia Chishti against TRG Pakistan, its associate TRG International and TRG International’s wholly-owned shell company Greentree Limited. In addition, the case named AKD Securities for managing Greentree’s illegal tender offer as well as various regulators requiring that they act to perform their regulatory duties.

The case centred around the dispute that shell company Greentree Limited was fraudulently using TRG Pakistan’s own funds to purchase TRG Pakistan’s shares in order to give control to Zia Chishti’s former partners Mohammed Khaishgi, Hasnain Aslam and Pinebridge Investments.

According to the case facts, the Chairman of TRG Pakistan Mohammed Khaishgi and the CEO of TRG Pakistan Hasnain Aslam masterminded the $150 million fraud. They did so together with Hong Kong based fund manager Pinebridge who has two nominees on TRG Pakistan’s board, Mr. John Leone and Mr. Patrick McGinnis.

According to the court papers, Khaishgi, Aslam, Leone, and McGinnis set up a shell company called Greentree which they secretly controlled and from which they started buying up shares of TRG Pakistan. The fraud was that Greentree was using TRG Pakistan’s funds itself. The idea was to give Khaishgi, Aslam, Leone, and McGinnis control over TRG Pakistan even though they owned less than 1% of the company, lawyers of the petitioner told the court.

This was all part of a broader battle for control over TRG Pakistan that is raging between Khaishgi, Aslam, Leone, and McGinnis on one side and TRG Pakistan founder Zia Chishti on the other side. Zia Chishti has been trying to retake control of TRG Pakistan after he was forced to resign in 2021 based on sexual misconduct allegations made by a former employee of his. This year those allegations were shown to be without basis in litigation that Chishti launched in the United Kingdom against The Telegraph newspaper which had printed the allegations. The Telegraph was forced to apologize for 13 separate articles it published about Chishti and paid him damages and legal costs.

After Chishti resigned in 2021, Khaishgi, Aslam, Leone, and McGinnis moved to take total control over TRG Pakistan and its various subsidiaries including TRG International and to block out Chishti. The Sindh High Court’s ruling today has reversed that effort, ruling the scheme fraudulent, illegal, and oppressive.

It now appears that Zia Chishti will take control of TRG Pakistan in short order when elections are called. He and his family are now the largest shareholders with over 30% interest. He is closely followed by companies related to Jahangir Siddiqui & Company which have over a 20% interest. The result appears to be a complete vindication for Zia Chishti and damning for his rivals Aslam, Khaishgi, Leone, and McGinnis who have been ruled to have been conducting a fraud.

TRG Pakistan’s share price declined by over 8% on the news on heavy volume. Market experts say that this was because the tender offer at Rs 75 was gone and that now shares would trade closer to their natural value. Presently the shares are trading at Rs 59 per share.

According to the court ruling, since 2021, shell company Greentree had purchased approximately 30% of TRG shares using $80 million of TRG’s own money, which means that that the directors of TRG Pakistan allowed company assets to be funneled through offshore affiliates TRG International and Greentree for acquiring TRG’s shares – a move deemed both fraudulent and oppressive to minority shareholders. The Sindh High Court also found illegal Greentree’s further attempt to purchase another 35% of TRG shares using another $70 million of TRG’s money in a tender offer.

The ruling is a major victory for the tech entrepreneur Zia Chishti against his former partners and the legal ruling paves the way for him to take control of TRG in a few weeks.