QUOTE(BC3232 @ Dec 25 2022, 11:50 AM)
Dear,
Isn't it we keep mentioning to the public that authorities have put TFXI on the investor list? The earliest went back to the year 2015 or 2017 (Please go check HK SC )
Please go and read what is their guidelines to put a company on their investor alert list. (HK and SG are the most interesting).
So investors are investing on their freewill. They choose trust some no-body instead of authorities, who to blame?
Now, comes back to your questions: Yes many of them have license to sell financial products, but if you don't log a police report how the company take action?
You need to prove to the committee or the company, they are using the "license" as a selling point to convince you. Do you think company and committee has so many time to investigate this?
[/B][COLOR=blue] PRESS WHERE IT HURTS[COLOR=blue], if you have invested in the shceme, please make a report to authorities, EG PDRM, BNM, CCID and etc.
You may wonder how much authorities can do? I would say very little at this stage, [COLOR=blue] BUT[B] , at least they can investigate those MIBs, because they have violated at least 1 law : SELLING UNAUTHORIZED / LICENSED FINANCIAL PRODUCTS. (This can give them enough trouble). Your upline may come to you and say he is a victim as well, if I were you I will reply : please go to make a report together.
Whether the company got time to investigate or not, I really donno. But my point is clear. If this "investment" fails and those who buys due to unit trust agent recommendations with proofs, should report. Let the company decide. Isn't it we keep mentioning to the public that authorities have put TFXI on the investor list? The earliest went back to the year 2015 or 2017 (Please go check HK SC )
Please go and read what is their guidelines to put a company on their investor alert list. (HK and SG are the most interesting).
So investors are investing on their freewill. They choose trust some no-body instead of authorities, who to blame?
Now, comes back to your questions: Yes many of them have license to sell financial products, but if you don't log a police report how the company take action?
You need to prove to the committee or the company, they are using the "license" as a selling point to convince you. Do you think company and committee has so many time to investigate this?
[/B][COLOR=blue] PRESS WHERE IT HURTS[COLOR=blue], if you have invested in the shceme, please make a report to authorities, EG PDRM, BNM, CCID and etc.
You may wonder how much authorities can do? I would say very little at this stage, [COLOR=blue] BUT[B] , at least they can investigate those MIBs, because they have violated at least 1 law : SELLING UNAUTHORIZED / LICENSED FINANCIAL PRODUCTS. (This can give them enough trouble). Your upline may come to you and say he is a victim as well, if I were you I will reply : please go to make a report together.
The company decide nothing wrong, MUM point is correct.
Dec 25 2022, 11:59 AM

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