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 Q&A sessions on legal issues, ask me *wink*, Criminal, civil, family, probate.... ALL

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Mr.Weezy
post Jul 8 2017, 11:16 PM

无处安放的魅力
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Senior Member
945 posts

Joined: Apr 2016
From: Shah Alam



Lets say I run a company that promises lucrative returns but for that to happen I will have to collect money from investors first.

Is this consider illegal deposit takings ?

How to glorify this into legal procedure ?

And will I be charge for fraud if after collecting the capital, I fail to deliver the lucrative returns due to poor performing market?

 

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