Warning Issued as Olympian is Accused of Terrorism Links

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Dr. Davidovic has been accused by a major international bank, Raiffeisen Bank, of being involved in terrorism, an accusation he hotly denies.

In a written statement from Raiffesen Bank, I have been advised that I am on their list of persons involved with terrorist actions

Dr. Alex Davidovic, a popular international chess master, Internet entrepreneur, and former Chess Olympiad participant, is warning business people about the risks of mistaken identity. Dr Davidovic has been accused by a major international bank, Raiffeisen Bank, of being involved in terrorism, an accusation he hotly denies.

"In a written statement from Raiffesen Bank, I have been advised that I am on their list of persons involved with terrorist actions," advises Dr. Davidovic. "This incredible but serious accusation by the international banking giant has left me and everyone who knows me shocked and bewildered."

Dr. Davidovic's Internet company, C-Point Pty Ltd, had tried to purchase a ready-made software solution via telegraphic transfer to the Raiffeisen Bank account of a well-known supplier when the funds were intercepted and held by the Bank. After weeks of uncertainty, Raiffesen Bank explained why in a short letter to Dr. Davidovic. He says the terrorist accusations could have a devastating effect on his reputation, and on his business. Dr. Davidovic has co-authored with marketing expert Penelope Herbert a 12-step business mentoring program called Underdog Marketing Challenge, and the book "Underdog Marketing" is about to be published. Now finding himself as an underdog facing Raiffeisen, an enormous international bank with branches in many countries, Dr. Davidovic is warning other business people that the situation could happen to them.

"My first and last names are quite common in Eastern Europe, so it is absolutely a case of mistaken identity," suggests Dr. Davidovic." If it has happened to me it could happen to any businessman with a common name."

Dr. Davidovic says the future of his business, and his reputation, are now in total disarray. He says the software his company had tried to purchase was to power a website with the plan to have its debut in front of a TV audience of 550,000 people. "Eight episodes of Underdog Marketing Challenge were to air on Australian Television. The plan may be shelved because the supplier has backed out of the deal," he says.

Dr. Davidovic says he is reviewing his options in entering a legal battle with Raiffesen Bank to clear his name but urges business people who deal internationally to ensure their business and their reputations aren't ruined by mistaken identity.

"The simple truth is that I am a peace-loving man, not a terrorist," Dr. Davidovic says.

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